Is it dangerous to bet on sports? Not anymore, and here’s why

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bet on sports

Any competitions, championships or tournaments are always a reason to bet in alexinwonderland.in on your favorite team and enjoy the adrenaline while watching the game with your friends. When your own victory is at stake, watching the match becomes much more interesting. But where exactly to bet? Is this entertainment legal and are there legal bookmakers in India? Keep reading and we will answer all these questions.

Betting on sports is completely legal

Bookmakers can purchase a license from any country where it can be granted by the authority responsible for it and continue to conduct their business legally. Gaming establishments usually use:

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  • Maltese license,
  • Curacao license,
  • license of Cyprus,
  • KRAYIL and others.

They are authoritative authorization documents that ensure thorough control, regulation and multi-level verification of the institution that received the corresponding document.

Unfortunately, the license is expensive (the most expensive in the world), the taxes are unfavorable, and the conditions for accepting bets often discourage potential players. For these reasons, bookmakers are in no hurry to get out of the shadow of the law. In addition, consumers have already managed to get used to illegal bookmakers and do not mind depositing money on their sites. 

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Today only a few bookmakers have a license to conduct gaming activities with the involvement of real customer funds. Such a document is the pride of the institution and is freely available on the site’s official website. Anyone can easily check the availability of a license, as well as its validity period, number and other details.

How to choose a bookmaker?

If you have already decided to add excitement to your life, do not rush to choose a bookmaker. Compare the competition and pay special attention to the following:

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  1. Coefficients. The higher the odds per event, the higher your winnings will be. Compare odds from different bookmakers and choose the most favorable conditions for you.
  2. Welcome bonus. New users who created an account with the bookmaker for the first time receive a bonus as a gift. Usually it is 100-150% of the amount of the first top-up. But be careful and read the bonus withdrawal conditions before depositing money into the account. Sometimes the reality may not be as beautiful as described at once, and the small print will reveal unpleasant surprises.
  3. License. Having a license guarantees the quality of customer service. Therefore, you should not elect those who are not accountable to the law for their actions. The bookmaker license must be issued specifically in India, otherwise it is not valid in this country. However, if the license is even issued in another country, then it is valid and legal, it is simply controlled not by state authorities, but by the legislation of another country.
  4. Navigation. You should be comfortable using the bookmaker’s website. Everything should be located exactly where you expect it, because you hardly want to spend time and nerves looking for every button. 
  5. Addition. Bookmaker apps give you quick access to your favorite features and free you from annoying ads. They can usually be downloaded from the bookmaker’s site, as applications related to gambling are often not allowed on other resources.
  6. Cashback, cashout and other functions. Online bookmakers offer a large number of convenient and interesting functions that allow you to make bets more profitably, and also give you the opportunity to change your mind after confirming the bet. Look for a bookmaker with the best functionality on the site. 

All these tips will help you place a safe bet on sports right now. When choosing a bookmaker, follow these criteria and you will get not only pleasure from betting, but also a monetary reward. However, remember that sports betting is just for fun. Do not bet on amounts that are critical for you and do not try to “play back” the loss. Play responsibly.

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Anshu Dev
Anshu Dev
Internet trailblazer. Travel ninja. Social media evangelist. Incurable explorer. Subtly charming organizer. Tv scholar. Alcohol geek. Certified creator.

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