A Brief Guide To Online Gambling In The UK
Everything you need to know before jumping into the lucrative world of online betting
Over the duration of the pandemic – when everyone’s favourite bookies and casinos closed – many people moved their hobby online to get their thrills. Major companies also went for a new, online approach and now, even with the world returning to normal, it looks like these sites are here to stay, including new betting sites Australia.
New sites are still popping up all the time, and they use many different tactics to entice users to their platform. Casimba are offering bonus codes worth hundreds of pounds to new users, whereas others rely on simple free spins to captivate their audience.
If you’re interested in joining this fast-expanding industry then there are a few things you need to look out for. No two sites are the same, but how do you know which to go for? If you’re keen to know more then read on for everything you need to know about online gambling in the UK.
Look For Trusted Sites
Recently, the UK Gambling Commission has been shutting down or fining loads of online casinos and sportsbooks for unfair play or for money laundering. If a site has been set up purely for someone to launder their money in it, it’s probably not going to payout.
What about the major companies? They’re guaranteed to be fair, right?
Wrong. Although they do follow the laws of the UK, many of the major companies make their money using legal loopholes that they only state deep in the terms and conditions. The big casino companies that are the fairest tend to offer nothing – or very little – in the way of bonuses so they can retain as much money as possible. For these reasons, it’s always good to look for a middle ground. The first and foremost thing to look for is that the site/company is licensed. Without a license, you have no foot to stand on should the site act illegally. It’s also a good idea to search around the web for professional reviews about each site to ensure they are legit.
Sports Betting or Casino?
Some sites offer both, but these can sometimes be a bit daunting to new users with the sheer size of the website. It’s generally best to start with a solid platform that offers one in a well-executed setting. If you’re big into sports then maybe sports betting is for you, but if you’re more into your card games or slot machines then online casinos are probably better suited. Remember, if you’re looking for a sportsbook, that many sites offer different odds on matches. Look for the site that generally offers the best odds on your favourite teams.
Bonuses and Wagering Requirements
As I mentioned above, many sites are offering unique bonuses to draw in new customers. It’s always a good idea to check out the wagering requirements for each bonus if you’re planning to try and win real money, as these requirements can sometimes make it very difficult, if not impossible, to cash out. Some casinos have set these requirements at 40x, meaning you’ll have to wager your bonus 40 times before you can cash out any of your money. Not an easy task if you’ve claimed a bonus of £100 as you would need to wager £4000 to withdraw it. If you’re looking to make real money then sometimes it is better to not take up any bonuses. Although you probably won’t win loads, at least you don’t have to fulfil unrealistic wagering requirements.
So, these are the main things to be looking for when choosing a platform to join. When it comes to actually making the money, that’s up to you!
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