Online betting, a pastime that’s gaining popularity! However, it’s also a big business, and any business has to be regulated in order both parties, the operator and the customer, to feel safe and be protected. Online betting has evolved over the past 2 decades, reaching a point when there’s little room for improvements. Thanks to the continuous improvement and the efforts of the below listed regulators, punters from around the world can bet with ease and in comfort.
Below, you can find all notable betting regulators along with the operators which are licensed by the said regulator. If you want to find out more about a give regulator, just click on the name and you will be taken to an area where you can see ALL licensed bookies along with additional details.
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It’s vital that you join and bet at licensed, legal online bookmakers. Doing otherwise puts your safety in question. There aren’t as many unlicensed online betting sites out there, but if you don’t pay attention, and you make a real money deposit, you’ve made the first step to impending trouble. One of the ways you can identify whether the betting site is licensed is to scroll to the very bottom of the betting site’s page and check out the seals that are put on display. It can be a UKGC seal, the MGA logo or the Curacao seal. Any of these is enough.
However, we recommend checking the betting site reviews we’ve put on display. Not only do we clearly say whether the bookmaker is licensed or not, but we also evaluate its overall performance, how customers are treated and what they can expect down the road. We try to make them as detailed as possible. After all, that’s the best and only way to for us to know that you know what you’re getting yourself into.
Avoid Betting at Illegal Online Betting Sites
With the exception of a few markets, which have access to unauthorized online betting sites only, all others should avoid illegal online bookmakers at all costs. Popular markets like the United Kingdom, Sweden, Germany and Spain among others, are effectively monitored and controlled by the authorities. Bettors from these regions can bet in peace, without having second doubts, or concerns about their safety.
However, until recently, sports and race betting enthusiasts from the US have had to resolve to joining bookies that held no licenses whatsoever. This is finally changing! Needless to say, this hasn’t stopped the said illegal betting sites to operate and welcome new customers. We’re not saying that all customers get double-crossed eventually. Instead, we just want to point out that it just might be you the one that’s misfortunate, and feel the bitter end.
National and International Betting Regulators
We distinguish between two types of betting regulators, based on the size and the nature of the markets they control. In general, there are two types, International and National. There are some markets such as the UK, Spain and Italy, which require the operator to obtain a national license in order to entertain their residents, or in other words, offer odds to the general public. Each of these has its very own dedicated online gaming regulator, the likes of the UK Gambling Commission. In other words, if you’re from the UK, you should look for UKGC licensed betting sites only.
On the other hand, by International Betting Regulators we refer to betting regulators such as Malta Gaming Authority and the eGaming Authority of Curacao. The latter is infamous in the eyes of online betting pundits, whereas the first has become a staple for EU facing bookmakers which have no interest in the UK. It’s no accident that most online operators have their offices based on the beautiful island of Malta. Coming across betting sites that hold a number of licenses isn’t uncommon. They need these!
Over the past few years, the effects of globalization have become apparent in the betting industry as well. The betting regulators are consolidating their rules and regulations, but not because they cooperate closely, but because they’re both headed in the same direction. At the moment, the UKGC is at the forefront, and it’s become an example of how future national betting regulators should look like.
Supporting, Independent Betting Organisations
Mandatory betting regulators are not enough to guarantee that sports events and betting companies do not influence the outcomes of the events. Betting companies have joined forces and have established a handful of organisations which operate on the grounds of Europe. They carry out investigations if needed. In the past, there have been several major league scandals that have cast a shadow on the reputation betting and sports associations have tried to develop and maintain for years.
EGBA – European Gaming & Betting Association
EGBA is seen as the watchdog, which protects the interest of both betting companies and passionate punters. Its primary objective is to prevent and shed light on match-fixing. Moreover, it’s adamant about putting an end to any activities which take advantage of the betting industry for money laundering. It’s been rather vocal about certain moves official authorities have made. In particular, when governments make a move to ban betting or gambling in general. In the past, all-out bans have proven rather ineffective and inefficient, as they promote and set the grounds for illegal gambling.
We must point out that EGBA’s statements have been constructive and backed by facts. They believe that instead of banning gambling, governments should control, monitor and protect their residents with efficient policies. It’s one of the few organisations which has managed to stay objective in this extremely volatile industry.
ESSA – Sports Betting Integrity
Similar to EGBA, ESSA is established by betting companies exclusively. It’s considered to be the official voice of online betting companies in Europe. Some of its members include bet365, Interwetten, Ladbrokes Coral Group, Paddy Power Betfair, Sprotingbet, Unibet and William Hill among others.
Prevention of match-fixing is one of its key objectives, but it also promotes fair practices, such as fair customer treatment and promotion of responsible gambling. Anti-money laundering is also in the scope of ESSA. ESSA, together with EGBA, fill the gaps and deliver where official national and international betting regulators cannot. Without them, bettors would be left at the mercy of malicious individuals who like to take advantage of the betting industry.
Open Account Offer
- Available to new customers only. Make a qualifying deposit of £5* or more and claim the offer within 30 days of registering your account to qualify for 300% of that amount in Bet Credits, up to a maximum of £30* in Bet Credits. Once released your Bet Credits will be held in your account balance and are non-withdrawable
- To release your Bet Credits for use, you must place qualifying bets to the value of your qualifying deposit (capped at £10*) and they must settle within 30 days of claiming the offer. Only qualifying bets settled after claiming the offer will count towards this requirement.
- Apple Pay, Google Pay, PayPal, paysafecard and all other prepaid credit and debit cards, where available, cannot be used for either your qualifying deposit or any subsequent withdrawal of returns from Bet Credits stakes unless we have successfully verified an accepted form of your Identity Documents and you have entered a Postal Verification Code (PVC), or we have successfully verified two accepted forms of your Identity Documents. See full Terms and Conditions for details.
- Bets placed must meet certain conditions to count towards the release of your Bet Credits:
– Must contain at least one selection at odds of 1/5 (1.20) or greater.
– In market/fixture combinations that only have two or three potential outcomes (for example Soccer Full Time Result), where you have placed bets on more than one potential outcome, either pre-match or In-Play, only the outcome with your highest cumulative stake will count.
– Where a stake has been partially Cashed Out, only the remaining active stake will count.
– Where a bet has been edited using our Edit Bet feature, only the new stake on the new bet will count.
– Fully Cashed Out, Instant Games, Gaming, void bets or In-Play bets which are settled as a push will not count.
- Your Bet Credits are non-withdrawable, and Bet Credits stakes are not included in any returns. Any returns from Bet Credits placed will be added to your Withdrawable Balance. Bet Credits cannot be used on certain products, offers/promotions and bet types. See full Terms and Conditions for details.
- Your Bet Credits will be forfeit and removed if your account is inactive for 90 consecutive days.
- The code CD365 doesn't change the welcome offer.
- Registration required.
*or currency equivalent
T&Cs, time limits and exclusions apply.
Up to £100 Extra Winnings on your first LeoVegas SPORT bet.
- The maximum bet is £10 on odds of 2.0 (1/1) or higher.
- Only applies to first qualifying bet.
- Should you place a combination bet the total odds must be 2.0 (1/1) or higher.
- The qualifying bet must be placed with real funds.
- Skrill/Neteller deposits do not qualify.
- The qualifying bet has to be placed within 7 days from the first deposit.
- 18+, New Customers Only.
- Only available to new William Hill customers in the UK or Ireland;
- Customers must sign up using Promo Code P30;
- Only one ‘new account offer' per person, household address, email address, debit/credit card number, or IP address is allowed;
- Duplicate accounts will not qualify for this offer;
- This Promotion is not available to new accounts depositing funds with Entropay, Paypal, Neosurf, iDeal, Paysafe, Neteller, Skrill, ecoPayz, Kalibra/Postpay;
- Offer will run from 00:01 on 12 November 2019 until 23:59 on 31 March 2020;
- Only available for customers who deposit in GBP pounds (£) sterling or Euro (€) currencies;
- Qualifying bet must be placed with a unit stake of £10/€10 or greater;
- For bets placed as an Each Way bet, only the win part for the bet will count towards to offer;
- Qualifying bet must be placed at odds of 1/2 (1.5) or greater;
- Qualifying bet must be placed on the William Hill Sportsbook site only;
- Qualifying bet must be struck using funds from your main balance;
- Qualifying bet can be pre-match or in-play;
- Cash in my bet is not available for bets placed that trigger a free bet as part of a promotion until at least one selection has been resulted or is In-Play. At this point, Cash in my bet will become available as long as all the other availability conditions are met;
- Free bets will be paid as 2 x £15/€15 denominations;
- Free bets can be used on any sportsbook product (excluding tote, pool, and lottery bets);
- Free bets will be available for 30 days;
- Free Bet is non-refundable and may not be withdrawn;
- Free Bet stake will be excluded from any winnings;
- Free Bet cannot be partially redeemed;
- Cash in my bet will be available for bets placed using a free bet (minus the value of the initial free bet);
- Player, country, currency, Market restrictions and terms apply.
Betting Regulators FAQs
How to know if an online betting site is licensed?
First, scroll to the bottom of the page. Look for the official seals of popular betting regulators. Click on the most relevant one. If it doesn’t work, you will have to look for the license number and check with the said regulator. You can also check our betting site reviews and be sure you’re going to join a licensed online bookmaker.
Which is the leading online betting regulator?
In our opinion, the UK Gambling Commission has the most advanced practices. Moreover, their rules and regulations have proven to be in line with what customers want and need, and what operators can afford. In addition, it’s considered to be at the forefront of the promotion of responsible gambling and customer protection mechanisms.
What can happen if I join an unauthorized online betting site?
Not only will you have to settle for unfair odds, you simply might not get paid. There have occasions when the illegal bookie simply denies to process the withdrawal because of vague reasons. They can simply add a term in their rule book and say that you’ve breached it. The threats outweigh the opportunities.