There is no one way to regulate online gambling. The methods applied by different countries vary vastly, from strict monopoly to an organized chaos. However, our expert from Bukmacherzyonline – the best website to choose a bookmaker in Poland, is convinced that the licensing system is the best way around it. Here are a few reasons why…
Enough choices for the users
In a regulated market with a licensing system, any established gambling company can purchase a license, which means enough options for the gamblers to choose from. In Poland, for example, there are 19 brands available at the moment. And thanks to the affiliate platforms like bukmacherzyonline.com, users can easily compare odds and bonuses, as well as get familiar with betting sites before creating a profile.
Healthy competition
In the countries where many betting providers have to compete for the users, they are inevitably forced to improve and offer better services. Monopolies, on the contrary, do not have the same motivation to become better, and users are often stuck with mediocre services and no alternatives. Like in any other industry, competition in gambling ensures better quality.
Security
An undeniable advantage of the regulated market is the safety that it provides. When users create a new account on a betting website, they have to share their private information, occasionally send a photo of their passport, and connect their credit card. Needless to say, it is important to trust the gambling provider when submitting all the information. And it is much easier to trust someone who is authorized by a trustworthy institution.
Stability
Gambling is an industry where you have to be the best in order to survive. Acquiring a license puts a stamp of approval on any company, and ensures its reliability and stability on the market. For those who prefers to choose one company and be loyal to it, finding a licensed operator is a good way of starting a long term relationship. With an obtained license, there is a big chance that the company will stay on the market for a long time.
In conclusion…
There are multiple advantages of a licensing system for online gambling. Firstly, the users are able to enjoy safe game and generous offers from the competing companies. Secondly, gambling providers have a way of entering the market officially and operate as any other company. And lastly, the government has a way of managing online gambling, and receives taxes from the industry. With this being said, there are always certain disadvantages to any system, but for now, the licensing system seems to be the favorite among many betting experts.
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