Procedure for betting with a foreign bookmaker

Man happy to have won a bet

The choice of a sports betting site abroad requires the consideration of certain criteria including the attractiveness of the odds and the diversity of betting offers. Discover the complete procedure for successful betting with foreign operators!

Foreign bookmakers have several advantages, which is why many people are increasingly using them. These sites are often accused of being insecure, but there is one solution to optimize your security, namely the broker. This article will look at the procedure for registering with a foreign bookmaker. You will also find out how to choose the right .com gaming platform.

Step 1: From decision to choice of foreign bookmaker

Almost every country has a Gambling Regulatory Authority or Commission. It plays a role of control, prevention and protection of online gambling enthusiasts within that single country. In the exercise of this mission, this institution subjects bookmakers to taxes and various constraints. This pushes the online betting sites to reduce the odds. For the bettor in search of better gaming conditions, this situation is not always advantageous. This is why many of them prefer to turn to offshore bookmakers that offer relatively higher odds since they are not taxed like the others.

It should be noted that the Gaming Control Board does not ban foreign bookmakers, so they are not illegal. The fact is that they are not recommended by the institution. We can note several advantages and disadvantages of offshore betting. In the event of a dispute, you are not protected, so you must be careful in choosing the foreign bookmaker you turn to. Among the different criteria to consider when choosing your online betting site are the odds, the types of bets and events, the bonuses, as well as the promotions offered. You can ask about the experience of the bookmaker and why not, consult the opinion of players.

If none of the operators listed above is suitable for you, go to the next step.

Step 2: Sign up with a broker

To bet on sports on platforms like Betfair, you do not need a VPN. The broker is the best solution. Indeed, the VPN allows you to have the IP address of a country you want and thus to connect to any foreign bookmaker. However, this solution is not secure for the player that you are, since it does not guarantee that you can withdraw your winnings safely. Instead, the broker acts as an intermediary between you and the foreign bookmakers. He puts you in touch with the most reputable betting sites such as Orbit Exchange. He places the bets on the various sites according to your instructions. The bookmakers pay him your winnings and he in turn pays you a reasonable commission.

However, some sites like MrXbet allow players from all countries. For these sites, you don't necessarily need a sports betting broker. But, the broker solution is advantageous in several other ways. Among other things, it allows you to have access to several sports betting sites, to be able to recover your winnings safely, to be able to compare the odds of the bookmakers, to benefit from a wide range of sports bets, etc., all from a single central account that you create with the broker. It is a solution appreciated by professional players who are looking for an efficient option to better manage all their sports betting accounts.

To create an account with a sports betting broker, you must make a deposit of a certain minimum value. The value of this initial deposit may depend on the bookmaker. You should also know that the broker is entitled to a commission for the services he provides. Through the broker, you can bet as much as you want, without any constraints; this is not possible for individual accounts.

Step 3: Create your e-wallet

For online transactions, the electronic wallet is often required. It is secure and very convenient for your various transactions. This e-wallet is where you store the money you need to commit to your bets. You will need a single wallet for all your sports betting accounts. The procedure for opening an electronic wallet for sports betting is relatively simple. When you decide to bet a certain amount on such a site, you send the money from your digital wallet to the broker. The broker is responsible for placing the bet with the foreign bookmakers. If your bet is successful, the bookmaker pays your winnings to the broker who will in turn transfer them to your wallet. To create this digital wallet, you need to fill in some information such as your name, address and bank details. The wallet can be funded by bank transfer or by card.

Step 4: Get the match analysis right.

Analysis

In the field of sports betting, the winning method is to always reason your bets. This applies to all the sites where you play, whether they are foreign or licensed. Take the time to study the strengths and weaknesses of the teams, their track record, the statistics of the games played, and especially the absent players, their importance in the team. All this analysis is useful to make your sports betting investments profitable. It does not depend on the type of betting you adopt either. Foreign bookmakers offer you some special bets such as Asian handicap which "covers your back" by definition. Despite this, you should not jump in head first. Prior analysis of the field is essential.

Step 5: Confirm Bets

Once you have done your analysis and streamlined your predictions, you entrust the broker with the task of placing your bets on the offshore sites offering the best odds. He relies on his experience in the field to manage this step for you but according to your instructions. It is up to you to confirm the algorithm he chooses. The broker is certainly a good solution since in order to play, you don't need to lie about your identity or your geographical location at all.