When it comes to sports betting, the best sportsbook should provide a variety of betting options. They should also have competitive odds and great payment methods. You should also check their reputation.

One of the most popular Asian-based sportsbooks is SBOBET. It is licensed in the Philippines and offers several promotions and games. This bookmaker has millions of active users worldwide.

The sportsbook offers several bonuses and promotions to attract new customers. For example, SBOBet offers a risk-free $1,000 bet for new customers. Besides, it provides excellent customer service. There are multi-language support and multiple contact methods.

SBOBET also has a user-friendly website and mobile app. The site features a rich blue color scheme and easy-to-navigate features. Moreover, there is a 24-hour live chat service.

Another thing that makes SBOBET one of the best online sportsbooks is its extensive menu of games. In addition to standard sports bets, they offer in-play betting and eSports betting.

If you are looking for a legal sportsbook, you should look for one that is based in your jurisdiction. A sportsbook should also be safe and secure. Make sure to read the terms and conditions of the sportsbook to know if the company is legitimate.

Lastly, you should check the payout percentage. The payout percentage should be reasonable. Generally, a good sportsbook will have a high payout percentage. Also, look for the payment methods that you prefer.

Among the top five sportsbooks in the world, the best overall price on a spread favorite is DraftKings. Meanwhile, the least competitive option is BetMGM.