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Today, the online gambling market is very broad and diverse, but all non uk casino sites can be divided into two main categories: licensed and unlicensed gambling platforms. The first type, which is the most common, are sites licensed by one of the trusted gambling commissions, including:
- Curacao;
- Malta;
- Gibraltar;
- United Kingdom;
- etc.
These committees test casino games and become familiar with the legal, technical and operational aspects of the site. Once it passes these tests successfully, the committees approve the platform data. Unlicensed gambling sites, on the other hand, operate in a freer environment and can therefore offer better options to players from all over the world. In this article, we will explain in detail the difference between licensed gambling sites and sites that are not licensed at all.
Advantages and disadvantages of playing on licensed gambling sites
There are various pros and cons of licensed gambling platforms and below we will look at each of them in more detail. In this way, players will get a complete picture of these online casinos.
Advantages:
- The GamStop registry protects you from the dangers of gambling addiction and ensures that you are excluded from gambling if necessary.
- You don’t have to pay any tax and you don’t have to apply to the tax authorities to do so.
- Strict requirements from reputable gambling authorities mean that casinos can be described as very safe.
- Licensing committees can resolve disputes that arise between players and operators.
Disadvantages:
- Strict requirements make it impossible to offer loyalty systems and personal promotions.
- Licensed casinos offer a limited bonus package.
- Autoplay, in-game and other slot entertainment features are not allowed in licensed casinos.
- You have a limited choice of gambling platforms because not many casinos are licensed.
Licensed casinos do not offer an auto-play feature
Another disadvantage seen in licensed casinos is that they do not allow you to use the autoplay feature. With autoplay, you, as the player, turn on a certain feature that will automatically spin the slot machine for you. You could specify your own number of spins or even an infinite number of spins here.
This is forbidden for licensed casinos as the licensing boards believe that you are not gambling knowingly in this way. This rule may also be a reason for you as a player to switch to a casino that does not have a license.
Casino balance limits
If you are going to set up an account in a licensed casino, you should set a balance limit. This means that if you win more than that and the winnings limit is exceeded, the casino is obliged to pay out the excess amount directly to you via a payment method. You may set these limits yourself as well as adjust them.
No personal offers or significant bonuses at licensed casinos
Another thing that may encourage many new players to switch to an offshore casino. The handling of player bonuses in a regulated casino is very limited. The owner of a licensed gambling site can only pay out one bonus to a player. This bonus is also subject to many rules. The reason for this is that the government does not want players to be tempted by nice-sounding casino promotions.
Advantages and disadvantages of playing at unlicensed casinos
Unlicensed gambling platforms, just like licensed casinos, have their pros and cons. So, let’s take a closer look at each of them.
Advantages:
- You have more bonuses available to you.
- You can expect to receive personal bonuses and a loyalty system.
- Basically, casinos that have installed security protocols (SSL and HTTPS) are quite reliable and secure.
- You get a wide range of casinos with a wide selection of games.
Disadvantages:
- If an online casino has payment problems, you can’t go to the gaming authority for help. However, if you choose a reliable casino, problems can be avoided.
- There is no adequate protection or support for problem players.
Tips for keeping your gambling healthy and out of trouble
Choosing a licensed or offshore casino depends on your own preferences, but to keep your gambling within safe limits, it is important to follow these tips:
- Always gamble for fun, not to make a fortune, quit your job or pay off debts.
- Don’t gamble when you are in a bad mood.
- Don’t borrow money from others to gamble. Also avoid debit payment methods such as debit cards and ‘buy now, pay later’ methods.
- Set limits for yourself: a gambling budget and a time limit for visiting online gambling sites.
- Read the terms and rules of the game before you start gambling. Don’t blindly bet an amount on a game you don’t yet understand.
Every player has the right to decide which gambling establishment to choose. However, to make sure that the choice is as informed as possible and brings only positives, it is important to consider every aspect of the online casino. Keep in mind that both licensed and unlicensed gambling platforms have their pros and cons.
