What does the term “non-licensed bookmaker” mean?

Gambling Authorities from each country

Licences were established in order to protect players and to tax them. To ensure that they are protected, authorities only license betting sites that they deem safe and not fraudulent. And they earn back money by taxing all the winnings circulating on the country’s internet using fake DNS servers. So then what’s the problem?

Some bookmakers take advantage of licensing but still continue to engage in fraudulent practices. Inversely, some bookmakers are much safer but do not have a licence. Furthermore, because of heavy taxes and a smaller pool of players (players from each country number in the thousands, while worldwide players number in the millions) the odds are low and so are the winnings, leaving gamblers unsatisfied.

This kind of regulation in itself cannot be faulted for being ineffective ; the impetus for this certification was driven by Europe beginning in 2006 and has not yet had the time to get properly set up or to be successful. But it considerably slows down the expansion of the market for online betting at a time when it is experiencing rapid expansion in the rest of the world: rather than allow players to get rich, the government has chosen to enforce a complex system that is heavily taxed.

Why is betting with a regulated bookmaker disadvantageous?

It’s conceivable that one day these authorities will prove effective, that they’ll really be able to provide gamblers with continued safety and that winnings will remain high, but for the moment, it is actually disadvantageous, and coexists alongside a legal system that its much more favourable. So it has yet to fulfill the great promises that it made when it was established. As long as gamblers are able to engage in foreign betting, many will continue to abandon operators with a licence in their country as a way of increasing their earnings.

If you want to play on the international scene, it’s very simple, get a VPN or a broker, and start playing on world markets! Just be careful to choose reliable bookmakers (for example, the more players that a bookmaker has, the more confidence you can have in their reliability) and make sure that you can easily cash out on your account once you acquire winnings. That’s all! Now you can continue playing normally but on global markets.