Most people assume that down low betting is something that only happens in the backyards of Alabama with friends around a fire cooking up some barbecue. However, the practice of downsizing your wagers while maintaining security and anonymity has gained popularity across the country as people seek to take advantage of the many legal betting opportunities that exist in the 21st century.
What Is a Down Low Betting?
Simply put, down low betting is the practice of placing bets without the knowledge of the betting counterparty. If you’re reading this and thinking “That doesn’t sound like something I’d ever do,” then put down that bitty ball of fire and pick up a poker chip instead. You’ll feel much better about yourself.
Why Play Down Low?
As previously mentioned, people who play down low seek to take advantage of the many legal betting opportunities that exist in the 21st century. One of the biggest draws—and perhaps the biggest reason why this form of wagering has gained popularity—is the ability to place bets with minimal risk. Let’s examine how this is possible.
Many bookmakers will only allow you to place bets with amounts less than what they refer to as “margin money.” This is purely for operational purposes; they don’t want to risk turning away large cash deposits because they don’t have sufficient funds to pay out on losing bets.
Margin money is essentially money that the bookmaker has staked on the bet in question. For example, if you bet $100 on a sure thing and the bookmaker doesn’t have another $100 in the hole, then they’re going to ask you for more money to cover the bet.
The good thing is that you don’t have to worry about whether or not the bookmaker has enough money to pay out on your winning bet. This is because most operators of online sportsbooks will work with a credit card company that specializes in online gambling loans. So, if you do win, you’ll simply have to contact your bank to see if there’s any money available for withdrawal.
Even though down low betting is a legitimate way of betting, it’s not one that’s for everyone. If you’ve ever been to a casino, then you know exactly how anonymous and insecure it is to place bets there. This is mainly due to the fact that there are so many eyes constantly looking over your shoulder as you play. This kind of pressure isn’t something that can easily be replicated in a home setting.
When you play at an online sportsbook that offers the ability to place bets down low, your identity will be perfectly safe. This is because they don’t have any direct contact with the betting counterparty. Instead, your credit card information is either stored directly on the site or entered into a payment processor that does not retain any personal identifying information. In most cases, the only information stored on the site is an IP address that will be tied to a single user. This is then used as the transaction reference number should you need to contact the operator to get your money back.
Another big draw of playing down low is the speed at which wagers can be placed. With all the restrictions imposed by governments and social distancing guidelines, some people want to get back to what matters—having fun and winning money.
The good news is that most online sportsbooks offer an excellent interface that makes placing wagers a breeze. You’ll simply need to pick the game you want to bet on, input the score, and then choose the unit of measurement. From there, you’ll just need to indicate the odds and click “Bet.” Your bet will then be processed and the results displayed instantly.
Even better is that many online sportsbooks will offer you a range of betting options. This way, you can be certain that you’re getting the best deal possible without the need to go through a lot of guesswork. Additionally, some sites will allow you to set your odds manually, if desired.
Finally, let’s not forget about the safety of our data. As mentioned, most online sportsbooks are operated by reputable companies that take security very seriously. This is because there are so many people out there seeking to get their hands on your personal information. They don’t want to put it in the hands of cyber-criminals who might try and use it for identity theft or financial gain.
When you play at a sportsbook that takes security seriously, your identity will be perfectly safe. This is because your credit card information is either stored in a secure server or transmitted over a secure socket layer protocol (SSL). Additionally, if you’re using a VPN to access the site, then your personal details will be safely encrypted as they travel to the server.
As previously mentioned, down low betting is a great option for people who want to place bets but don’t want to risk their security. With all the advantages that come with playing this way, why wouldn’t you want to give it a try?