Sports betting is officially considered a way of gambling, even though real betters always point out that the differences between casino games and sports betting are much more important than a few similarities they share. Nonetheless, from the government perspective, it is all the same, so it should be regulated and limited in the same way. For this purpose specific regulatory institutions exist which bear authority to declare laws which regulate all the processes in the industry, including relationships between the player and the organization which provides gambling services. In the United Kingdom, such an institution is called the United Kingdom Gambling Commission (UKGC) and it is responsible for all regulations in the industry. Thus, the regulations of the gambling industry are very strict on the British Islands, making gamblers seek for the alternatives – and non Gamstop sports betting websites are the best one of such, and many users explore UK non GamStop bookmaker guide to navigate these options more confidently.
But what are these platforms, exactly? How do they operate and are they legal? There are many questions that are interesting for those who haven’t yet had any experience with no Gamstop betting resources, and we decided to write this guide just to answer them.
What is Gamstop?
Gamstop itself is a term that means one of the United Kingdom government programs which is focused on advertising self-exclusion for addictive gamblers. The idea is that the player chooses the period during which he or she wants to “take a break” from gambling — it also shouldn’t be shorter than half of a year — and then there is no way back: all official casinos (which operate under the UKGC rules) will ban the player immediately as he tries to make a bet. Nevertheless, the term became so viral that under Gamstop gamblers now understand all the long list of restrictions, limitations and regulations that are put on the gambling industry in the UK, and during discussions of alternative platforms players may look at Casino review: Aphrodite payout speed and support to evaluate service quality and withdrawal efficiency.
Which regulations are exactly meant by Gamstop?
The term itself unofficially covers all regulations that apply to gambling industry, yet when it comes to sports betting rules, it becomes more precise. So, we are going to provide you with a detailed list of regulations which will await you while using Gamstop compliance sports betting resources.
- Verification – you have to go through a very complicated process of verification while registering your account, and KYC isn’t the worst part about it. In the case of non Gamstop casinos, the problem is absent – you often don’t even need to go through KYC and the entire registration process takes less than a few minutes, while in the official British gambling platform it can take up to a week.
- Money transparency – surprisingly, the main thing that is interesting for the regulatory institutions is your money. You have to regularly confirm the legal source of your income, you are limited in spending, the security check ups can happen anytime and anywhere, which, to be honest, isn’t comfortable for anyone.
- Bonus policies – the UKGC has numerous requirements to bonus advertisement, meaning most casinos that have compliance with the UKGC rules just can’t offer any bonuses at all – this is where regulations go far beyond than they should have gone. The requirements limit even the way the bonus should be described by the casino, so choosing non Gamstop casino in this case is much more preferable.
- Payment methods – due to extremely strict regulations, many of payment operators, including even famous e-wallets, such as Skrillex, reject to work with platforms which operate under the UKGC. Also, you have to know that the UKGC doesn’t allow you to use credit cards as a payment method at all, which is also a very strict limitation compared to sports betting platforms which operate under other jurisdictions.
- Deposit and bet limits – under the UKGC regulations, you are directly limited not only to the amount of money you can spend while betting, but even in time! This means the entire idea of the game is destroyed, making betting artificial and empty of the fun it should have. Nevertheless, outside of Gamstop sports betting platforms still have an option to bet without limits – and that’s why they win in the hearts of betters, which is the main sign of their superiority.
Are non Gamstop sports betting sites even legal?
Yes, totally. How does it work? Well, let’s first of all state that all the requirements of the UKGC apply only to sports betting platforms that have been registered as British legal entities. Now you start understanding, don’t you? Here is the thing – online sports betting websites, which are legally registered and operating under the law of another jurisdiction, can operate in the UK under either this law or international gambling law, making all the UKGC requirements and restrictions irrelevant. Thus, this is the way how non Gamstop sports betting platforms changed the market and offered better the option they looked for.