To ensure the safety of online gambling enthusiasts, an institution has been established. The advantages of bookmakers under this authority are mainly on the security side. Nevertheless, it can be even more astute to use the services of a bookmaker with an international license.
The bookmakers are not subject to the legislation of the country and offer a number of advantages for the bettor. From the best odds offered to the limitations on the amount of bets that can be taken off, as well as the diversity of bets, the advantages are numerous.
There are strict regulations governing sports betting and online gambling in general. These texts aim to protect the most vulnerable people and to avoid any form of dependency as well as the indebtedness which can be a consequence.
These regulations have effects that are not always positive on the sports betting market itself. One of these effects is that the odds offered are less and less interesting, especially as the bookmakers are more or less under constraints.
To avoid the consequences of regulations, you can turn directly to foreign platforms.
In fact, the independent body that regulates online gambling of all kinds acts as a "policeman". This institution ensures that bookmakers strictly respect the regulations in place. It is also the role of the authority to ensure that bookmakers pay their taxes.
In its attributions, the gambling regulatory authority puts a limit to the profits of bookmakers, which implies the odds offered by the latter. It is also the role of the commission to ensure the transparency of the sector, by reducing money laundering and fraud. The stakes are therefore generally capped, which can be a real constraint for the biggest players. An authorized bookmaker is any online betting site that has received a license issued by the said institution. These bookmakers are not in short supply and guarantee you optimal protection in case of a dispute.
As you may have guessed, a foreign bookmaker is not subject to taxes imposed by the legislation. This is a great advantage since they can offer their players much more attractive odds than those offered by licensed sites on the same sporting events. In addition, the range of bets offered by foreign bookmakers is much more varied than that offered by other sites. They allow you to bet on many more leagues and many more divisions. And the more diverse the bets, the more likely you are to win big. In addition, bettors know that some game categories are more recommended for smaller divisions. For example, the Asian Handicap or the Over/Under are more likely to win in a Ukrainian or Croatian division. These bets are less recommended for the more major leagues. In short, you have many more possibilities to play with an international bookmaker than with one regulated by a national commission. The pleasure of playing and winning is therefore optimal with foreign sports betting sites that are not subject to national licensing requirements.
It is obvious that the rules of the game are not the same between domestic and foreign bookmakers. The slight difference in game modes can be used to the advantage of the bettor to maximize his winnings. For example, you cannot choose Asian handicap at all locally licensed bookmakers. However, this type of betting has the advantage of allowing you to minimize your risk of loss and in turn, more chances of winning.
Foreign sports betting sites offer bettors more attractive odds than their licensed competitors. In sports betting, the player's profit is proportional to the odds set by the bookmaker. The commission sets certain constraints to the platforms that are under its authority. This is what does not allow them to offer very competitive odds. In practice, offshore bookmakers are not taxed like others, which explains why they manage to offer much more interesting odds that could be up to 20 times higher than those of sites under national legislation. If you want to win big, the .com platforms are the most recommended, if only for the odds offered.
Turning to bookmakers that are not licensed in your country is obviously a very risky option. However, it is not illegal at all. You are not breaking the law by playing on foreign sports betting sites. The only constraint is that you are not protected by your country's legislation in case of a dispute.
You have more freedom in terms of events to bet on. It is also recommended to take advantage of the tipster's predictions. However, you need experienced bettors to give you sound advice so that you don't make mistakes. In addition, before starting any registration procedure with a foreign bookmaker, you should first make sure of its credibility. The opinions of other bettors like yourself may help you make your choice.
For your registration at OrbitX for example, the best option is to take through a broker. This is a reliable solution guaranteeing that you will be able to withdraw your winnings at the right time. You will be required to make an initial deposit that you will use for your future wagers. You will also need to create an e-wallet in which you can safely retrieve your winnings. While some platforms advise you to use a VPN, you should know that this is a much riskier option as it does not guarantee that your winnings will be paid out. The best way to get access to an offshore bookmaker is to use a sports betting intermediary.