Today we’re going to talk about the benefits of playing in an unlicensed sportsbook. The sports betting market has significantly grown year on year globally, and with so many sports betting options to play, it’s hard to know which one to choose. Most customer registering at a sportsbook are mainly interested in the odds or the promotions, and do not pay much attention to the licensing aspect.
In a lot of countries, online gambling is regulated by local authorities who set the ground rules for which all operators in the country must abide by. For example, the gambling sector in Italy is regulated by Agenzia Dogane and Monopolio di Stato (AAMS), an entity created with the intention of regulating and defining the laws and rules of gambling in Italy. However, Italian players also have the option to bet on bookmakers not licensed by this regulator, these bookmakers not licensed by this Italian regulator are called non-AAMS bookmakers, or in other words, unlicensed sports betting operators operating in Italy.
So, what are the benefits of an unlicensed sportsbook?
In Italy, the amount of sites choosing to operate without the AAMS license is increasing, mainly because of customers being able to play without limits.
Bonuses from non-AAMS bookmakers are also more attractive – they often offer better welcome bonus promotions as they don’t suffer from the high fees from the Italian regulator, and they manage to offer better benefits to their players.
Non-AAMS bookmakers are also very reliable since the only difference is that they get a license from other countries, such as the Malta Gaming Authority (MGA), or the Curaçao Gaming Control Board, for example.
The United Kingdom has one of the biggest sports betting culture in the world. The availability of railways helped the rapid growth of the sport in the UK, facilitating horse travel and special competitions that attracted large British audiences.
Online sports betting is legal in the UK, many of the brands that operate the largest online sportsbooks are also bookmakers in the UK or were in the past. This includes famous gambling companies such as Betway, 888Sport, Bet365, William Hill and Ladbrokes.
The betting market there is regulated by UKGC (The UK Gambling Commission). The Gambling Commission is a public regulator body of the Government of the United Kingdom responsible for regulating gambling and supervising gaming law in Great Britain. They are responsible for regulating arcades, betting, bingo, casinos, gaming machine providers, gambling software providers, lottery operators, external lottery managers, and remote gambling that use British-based equipment. The regulator body has the right to suspend and fine any gambling operator that does not follow the laws imposed.
The UK Gaming Commission recently suspended BGO Entertainment’s operating license for failing to protect customers. According to the UKGC, failing to protect consumers was an important consideration in the suspension decision. The operating license was suspended with immediate effect by Britain’s Gambling Commission.
But even in the UK, there are sportsbook and online casinos that choose not to be covered by gamstop have been around for many years. These gambling operators are not registered with gamstop exclusion and users can play casino games without this scheme. There are many UK bookmakers that do not use gamstop can operate without any problems, they are not locked, and they are not registered with the UK self-exclusion services. Meanwhile, they are safe and reliable casinos owned by reputable companies.
Finally, we understand that even if some bookmakers do not have the national license for the country, this does not mean that they are unreliable. Because they have licenses from safe and reliable authorities, as mentioned above, it might be a good option to take advantage of the best offers and bonuses they offer. Remember to always play it safe and do your research when looking for unlicensed sports betting.