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Licence and regulation
Where the companies are licensed and regulated, to ensure that they are a reliable company with guaranteed services.
Is the company's support team flexible enough? We must ensure that they will treat every customer with care for any queries that may arise.
Deposits and withdrawal information, to ensure you will not have any problem making fast deposits and withdrawals.
Odds Quality and Betting Coverage
To ensure that you will get the best available odds and possible offers, and that you can find everything to bet on, from darts, to alpine skiing.
New account bonus information, so you will know if you are eligible for the open account offers, depending on the country of your residence.
So you will know if you can bet with them or if it is not allowed to bet there, due to your country of residence.
Transaction security and reliability are two key elements to consider when choosing a company to bet. You have surely wondered how the principles of unknown countries such as Curacao or Alderney can provide the necessary guarantees.
The gambling industry has grown significantly in recent years, competition is high and companies that really want to succeed are primarily concerned about gaining players' confidence. The truth is that most of the regulatory principles are reliable, but there are also those which are not.
The regulatory authorities who are reliable, are so strict that even a minimal 'mistake' of a company is the reason to revoke their license. Let's read a few words about the most reliable regulators.
UK Gambling Commission
One of the world's most respected and most demanding regulators. The great tradition of gambling and the experience of it's people has led to the creation of a fully regulated market, with heavy taxes and a lot of obligations for gambling companies. Big names like Bet365 and Betvictor are licensed there.
In 2005 the Great Britain government established the United Kingdom Gambling Commission (UKGC), which is independent of the goverment and assumes strengthened powers to regulate the terrestrial and online market, but also to control the licensed companies. Integrity, justice and maturity in their decisions, made them the most respected regulator in the world.
The framework around which they move to issue a license is particularly strict, as they examine everything, from technical specifications, business plan, till security for players' personal information, bank cards, documents, etc.
Their role is not limited only to the licensing process, but continues also with an advisoral role after a license have been issued. In many cases they put severe fines on companies that have not complied with their terms and conditions. In addition, they require from the companies to keep depositors' deposits in a separate bank account in order to avoid fraud and money laundering.
Malta Gaming Authority
MGA is one of the most popular regulatory authorities in the world. The clear framework around which licenses are made has attracted the interest of the biggest bookmakers and has strengthened it so that it's decisions now affect the entire gaming market. Betfair, Unibet, Betsson, Interwetten and Expekt are some of the big names that are licensed in Malta.
The validity of a license in Malta is for five years and is only granted if there is a physical presence of the company in the country. This means that the company must have their servers, their database and some senior executives in Malta.
The licensing process lasts for about six months and it is an extremely complex process with many strict checks, as they attach particular importance to the safety and protection of players.
Gibraltar Regulatory Authority
The most demanding regulator along with the UK. The licensing process takes a long time because of the exhaustive checks made on the company that applied. It is the only authority in the world that requires corporate executives to have a lot of experience in gambling and forces companies to perform all transactions through the country's banking system.
Up till now, 34 companies have been licensed in Gibraltar, including Ladbrokes, Gala Coral, Pokerstars, Boylesports, and the leading manufacturer of casino software Netent. Most of the companies selecting Gibraltar cause the tax is particularly low, around 1% on net profits.
Isle of Man Gambling Supervision Commission
One of the oldest and toughest regulators. Isle of Man licensing is fairly easy, but there are a number of limitations, especially on players' money matters. Dafabet and Paddy Power are two of the largest licensed companies on the Isle of Man.
Main reason that the Isle of Man attracts companies is that the license is for five years, also that the maximum tax is from 0.1% to 1.5% of gross earnings, and there is no minimum starting capital required to set up.
Alderney Gambling Control Commission
Unlike the authorities of other countries, the Alderney Regulatory Authority is not only concerned with licensing companies and controlling them, but also with their ability to remain competitive at a global level. In this way, they managed to create a strong and reputable name on the global gaming market and to attract companies such as Marathonbet, Betclic, Paddy Power and Playtech.
They require from the interested parties to commit that their cash reserves will be 25% larger than the players' deposits.
Curacao Internet Gambling Association
The Curaçao Gambling Regulatory Authority has created a very easy licensing process and has given much freedom to trade, but it also carries out continuous checks and will not hesitate to withdraw a license if there is suspicion of fraud.