We live in a world where accessing online bookmakers and casinos takes a couple of seconds. The days when you only had a couple of iGaming operators to choose from are long gone. Today, you can bet on numerous sports and experience some of the best casino games in the world from the palm of your hands. Since there are tons of online betting companies to choose from, some brands offer different benefits, such as fantastic promotions and mobile apps.
The idea of offering as many things as possible come from the need to lure new clients. This usually works because people like what the given brands have to offer and decide to sign up. However, those with more experience check everything else that the given operator provides, including the license. Speaking of the devil, here are a few reasons why the brand you will use needs to have a valid permit.
A licensed betting operator means it must adhere to certain rules
One of the significant advantages of using an online betting operator with an active permit is that it has to adhere to specific regulations set by the gambling authority. Most countries have their own betting commissions that have to give a permit to every brand that wants to operate within the assigned territory. If you check out Nostrabet, you will learn that Betano applied for a Bulgarian license just recently, which means it has to follow the rules set by this betting regulator. Needless to say, this brand has a few other licenses, so it must follow numerous regulations.
Even though the rules set by the specific regulator aren’t always related to ensuring punters’ safety, some of them are important. If the bookie/casino doesn’t have a license, it doesn’t need to adhere to any regulations. In other words, it can do whatever it wants to.
One of the biggest benefits of using the services of a licensed online betting platform is that you can always get help when needed
The fact that certain bookies and casinos need to adjust their website and the things they offer to meet specific rules is a plus. However, licensed iGaming sites are special because you can rely on the regulating authority for help. If you take a close look at Betano from Nostrabet and check its licenses, you will see that the link will redirect you straight to the regulating authority’s page. Once there, you can check all of the contact options and let them know if you have any problems with the given gambling site.
Usually, the commission will try to investigate the problem and try to come up with a solution. Sometimes, the given operators might have their licenses revoked if they try to scam their users or breach some of the important terms and conditions.
The more licenses a given iGaming website has, the better. Some bookies try to get a permit from every county where they want to operate. However, you can also find iGaming companies with a license from an offshore zone. These sites are becoming more popular by the day because users worldwide can access them. Although these places usually offer user-friendly T&C and safe betting products, it is always better if you have access to a gambling site licensed by the regulating bodies in your country.