Advantages and disadvantages of foreign bookmakers

Gambling authorities or commission have been created to provide the illusion of regulating the practices of online gamblers. Their function is not to help players in case of a dispute with a bookmaker but aims to reprimand fraudulent sites that have entered into an agreement with them. What are the advantages and disadvantages of licensed bookmakers and should you boycott them?

Is it safer to play with a licensed operator?

Some licensed bookmakers override the law and come out unscathed. So you’re not necessarily safer by playing with a licenced bookie. In order to help you choose we’ve listed here the main sticking points between bookmakers who have a licence and those who are foreign-based

Bookmakers that have a Gambling Regulatory Authority of Ireland license

By choosing a bookmaker with a licence, you’ll have convenience. You will pay more taxes on your winnings which are lcurrently the highest in the world. Your winnings therefore will be drastically reduced. Prognosticators, who are only familiar with one country, may be biased and less accurate than other global prognosticators.

Furthermore, as mentioned earlier, bookmakers have agreements to encourage them not to destabilize the market within each country, that means you won’t have access to surebets or valuebets. Finally, since there are fewer gamblers the odds will be significantly less appealing. However you will probably be taking less of a risk if you are gullible and naïve because the government has done all the work for you and if you ever do get scammed, it will happen less often.

Bookmakers that do not have a Irish Gambling licence

You can increase your winnings not only due to the higher number of players but also because of the bookmaker’s more attractive bonuses and because you won’t be subject to higher taxes. Creating an account will be a bit more tedious because you’ll have to do more than simply register with a bookmaker. To accomplish this, you will definitely need a virtual wallet, a broker or a VPN. However, by using tools to help make you anonymous you will be audited much less often. Since they are more discreet it’ll be easier for you to win and spend your money.

You will have much more possible bets including Asian handicaps and you’ll have access to new games which were previously not available. Additionally, you’ll also have access to winning accounts, which are blocked or closed, as the case may be, with traditional bookmakers. However don’t head straight for the most suspicious bookmakers but stay with those who are the most well known (there so many of them choosing one can be fun) to be sure of getting the most reliable predictions and without getting scammed.

Of course, since bookmakers do not have the right, in principle, to pay out any money if they don’t have a licence in Ireland, cashing out will be a bit trickier, but you can easily find, as mentioned above, virtual wallets suited to your needs.

This is the place to be if you want to bet on international markets:

Operator Abstract Discover
bookmaker
âž• my review
This operator is very interesting (choice, odds, bonus, simplicity) and available for Irish players. Learn more
bookmaker
âž• my test
This sports betting site is an international giant and is the only one to accept all punters (except from the U.K. and the U.S.) without a VPN. They have super odds, high limits, a wide selection, eSports, and withdrawals are processed in three days (CB and bank transfer) Learn more
broker
âž• my test
This broker, in addition to offering a Pinnacle and Orbit (Betfair market) account, also gives users access to BLACK software which picks the best odds in real-time from among the largest operators (+15). Learn more
broker
âž• my test
This is is a credible broker who’s also the most widely known and recognized. Pinnacle, Orbit (Betfair market), multi-bookmakers tool. Perfect for starting out and if you have a Neteller account. Learn more

Keep reading:

Come on! Why wait?

Why not allow everyone to bet without restrictions or surtaxes by using an international bookmaker?
That’s why I created this guide in hopes that it will help you to find the option that suits you best as you start gambling with .com bookmakers.

Please keep in mind that the information published here only reflects my personal opinion, applicable at the time it was written, and that it is your responsibility to verify it for yourself.


(c) 2024

Facebook   Twitter

18+     ProblemGambling