Best Sports Betting Sites Of 2023
PicksNPreviews.com takes great pride in providing bettors with safe, trusted and reputable online sports betting sites to wager with worldwide. We understand that the "best betting site" can be subjective and will vary based on location and a user's wagering tendencies. Let our experts guide you to the best sports betting sites of 2023 based on our experience, research and data.
We don't simply "review" the best online sportsbooks like our competitors. We spend months on every online bookmaker review we publish. We open accounts, place bets, process payouts, test customer service and perform a comparative analysis on the odds at every bookie we review. We have reviewed hundreds of bookies and only the best sports betting sites earn a spot on this page.
Our reviews are updated monthly as well, unlike the majority of other sportsbook review websites.
Your next step is to read through our in-depth online bookie reviews.
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PicksNPreviews Sports Betting Sites Ranking Algorithm
Our rankings are based on the experiences of multiple sports handicappers in countries around the world as well as the data we accumulate on the best sports betting sites every month.
The online sportsbook reviews listed on this page are fresh and updated monthly. We remove any outdated information and data, while ensuring the inclusion of new features and data.
Here's how our sports betting website ranking algorithm functions:
- User Experience Ratings: We don't just test out the bookies we rank. If a bookie passes our initial review, we then collaborate with sports handicappers in multiple countries and have them review the bookies and provide their ratings (0-10) on multiple ranking factors.
- Data: We also rank sports betting sites (0-10) on hundreds of ranking factors, ranging from the bookie's reputation, market coverage, bonuses, banking, accessibility and more.
- Ratings: At the beginning of the month, our sports betting site ranking algorithm processes all of the data inputs to provide a rating (0-10) on each bookmaker in our system.
- Displayed Results: Only the best sports betting sites are displayed on this page and across the rest of our betting community (Bookies require a rating between 8-10 to be listed).
PicksNPreviews Ten Most Important Sports Betting Site Ranking Factors
Here are the ten ranking factors most heavily weighted in our ranking algorithm:
- 1 - Reputation
- 2 - Best Odds (Line Shopping)
- 3 - Payout Times / Fees
- 4 - Sports Betting Market Coverage
- 5 - Bonuses / Promotions / Contests / Pools
- 6 - Customer Service
- 7 - Wagering Limits
- 8 - Banking Methods (Deposits / Withdrawals)
- 9 - Accessibility
- 10- Security / Privacy
Online Sportsbook Reputation Rankings
Above all else, a bookie's reputation is everything in this industry and it can't be faked.
With thousands of sports bettors active on social media, forums and betting communities like ours, word gets around quickly. Even some of the best betting sites from years past are no longer viable, which is why we feel it's important to continuously update our bookmaker rankings monthly.
Betting Lines Value (Best Odds)
We track and analyze the betting lines from the bookies we rank and rate them based on how often they have the best odds on markets. This also allows us to isolate the best sports betting sites based on different betting markets and/or sports. For instance, you can only bet on certain UFC props at a few online sportsbooks. If you want to wager on UFC props, it would be pertinent to understand exactly where you can bet on those markets and that's where our detailed data helps bettors.
We've also reviewed the payout odds for various bet types across the bookies we rank. For example, we track the payout odds on parlays and teasers. You may assume all bookies have the same odds on these bet types, but that's not the case and you could be losing a lot of value.
Payout Times and Fees
It only takes a minute to deposit at an online sportsbook, but that's not the case with payouts.
Payout times and the fees charged for withdrawals varies widely in the industry. What good is it to win your bets if you end up losing 20% of your withdrawal to exorbitant fees? We regularly test the various payment methods to rate online bookies on timeframe, fees, security and ease of use.
Sports Betting Market Coverage
Only you know what markets you like to wager on, but our job is to make it as simple as possible for you to learn where your preferred markets are offered. A lot of bookies lack a quality live (in-play) betting platform, player/team props, futures, teasers and/or horse racing markets (Racebook).
There isn't a single bookie that excels at everything. There are some that come extremely close, but none that dominate the industry. We'll be releasing betting guides that will help bettors learn what sports betting sites are the best in specific situations (Example: Best Live Betting Sports Sites).
Bonuses / Promotions / Contests / Pools
While we don't believe a bonus should ever sway your decision in joining a new betting site, we also understand that our readers value bonuses, promotions, contests and betting pools.
- Bonuses: Sign-up and reload (cash or free play) bonuses on deposits.
- Promotions: Vary widely, but include free bets (risk-free) and gamblers insurance (rebate).
- Contests: Bookie run contests regularly pitting handicappers vs. handicappers.
- Pools: Look forward to playing in bracket, survivor, squares and more sports pool formats.
Customer Service
You may not need to use customer service too often, especially with trusted betting sites, but when a problem arises or you have a question, it's nice knowing a customer service rep is available.
Wagering Limits
When we discuss wagering limits, we're talking two separate issues here.
First off, we track the betting limits on all of the different betting markets at the bookies we rank to rate them based on limits. Some bookies have extremely small betting limits on markets like props. Some bookies have huge limits. We make this information available to our readers.
Secondly, we rate bookies based on their risk exposure and whether or not they're quick to limit a winning bettor. We understand bookies need to limit bettors, but some pull the trigger way too quickly with a miniscule sample size and we feel these bookies aren't even worth your time.
Banking Methods (Deposits / Withdrawals)
We're more interested in the quality of banking methods and the fees incurred to the end user in our banking ranking factors. We're less concerned about the quantity of banking methods.
Here are the most popular banking methods:
- Credit/Debit Cards: Visa, MasterCard, American Express and Discover are still the primary method used by most bettors. Gift and prepaid cards are predominantly accepted too.
- Cryptocurrencies: The most commonly used cryptocurrencies are Bitcoin (BTC), Ethereum and Litecoin, but some betting sites also accept Ripple and Bitcoin Cash, among others.
- eWallets: Depending upon where you reside, you may be able to deposit to bookmakers using popular eWallets, such as PayPal, Skrill, Neteller and InstaDebit.
- Person-to-Person: In some countries, including the USA, person-to-person transfers through services such as Western Union (WU) and MoneyGram (MG) remain popular.
Accessibility (PC, Smartphones, Mobile Phones and Tablets)
When we say you can bet from anywhere, that's absolutely true.
The best sports betting sites in our rankings are all mobile-accessible (responsive). You don't need to download an app either. Simply access the web-app through a mobile browser like Google Chrome.
You may have noticed our website is also responsive if you're on a mobile device.
We also have a ranking factor on online bookies with call centers. When a bookie has a call center that's operational 24/7, you don't even need an internet connection to place your wagers.
Security / Privacy
Security and privacy are two of our most important ranking factors.
We value your privacy as much as you do and we won't send you to an unreputable betting site. We also ensure all ranked betting sites value the security of their clients by ensuring transactions are encrypted and that personal information remains private using the latest technology.