| Licensing is becoming more and more important in the offshore betting
industry. The past few years has seen the rise and demise of many illegal
operators. Wagering with a Sport book that is not properly regulated will
result in only one loser - you.
1. Where do we get this information.
There is a multitude of information on the Net about sports betting
scams and illegal operators and untried regulators. AA good licensing
authority will be transparent and require its operators to adhere to
strict probity requirements. constructive back from them.
2. So which countries can you trust?
These are the countries that apply strict regulations:
- Curacao - Netherlands Antilles
- Antigua and Barbuda
- United Kingdom
- Ireland
- Australia
We include Gibraltar and the Isle of Man under the United Kingdom.
Curacao and Antigua apply a very good regulatory framework.
There are some newer territories such as
Kanawhake in Canada but the verdict is still out.
3. Which countries should I avoid?
Dominica
Nicaragua
Bahamas
Panama
Honduras
Costa Rica (with the exception of Bodog.com
- a very reputable sport book)
Grenada
Madagascar
Haiti
Aruba
St. Marten
St. Vincent
Licenses in these countries are dirt cheap
and there is no regulation to speak of.
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