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Is It Safe To Use Offshore Betting Sites?
The term offshore does not imply an online casino being less legitimate or safe than a locally-based online casino. It simply means that the offshore casino is based in another country and is holding their license. Casinos holding offshore licenses must follow gambling laws and are regulated properly in order to avoid discrepancies. One must choose a casino after going through reviews and verifying its authenticity via the “ Seal of Approval” that is available at the end of the site page. This is done so that punters can safely enjoy games such as blackjack, roulette, online poker, etc. Offshore sites also have a variety of sports betting to offer ranging from soccer, badminton, horse racing and so on. Gambling sites that are based in countries with advanced jurisdictions are flexible in nature.
One important factor of offshore online casinos that is often neglected is that they can offer regulated, tested casino games to countries that lack Internet Legislation for Gambling or local gaming commissions looking after their interests. Nowadays, there is even talk that offshore gambling companies should have more control.
Important factors to consider while choosing an Offshore betting site :
- Verifying the license and checking the licensing documentation it holds is important to avoid getting scammed by any sportsbook.
- Checking whether an offshore site is secured by the 128-bit Secure Socket Layer Digital Encryption Technology is very important as it is the standard security system preferred by banks and other sites.
- Focus on in-depth reviews before finalizing upon a casino.
FAQ
Can I trust offshore online casinos?
Legitimate online casinos, though run from offshore, need to follow the gambling laws from the country they are based in. They will need a license to legally offer gambling games for money. The license will normally be posted at the bottom of the main page, though players are also able to contact customer support for more information on the license the site holds.
Are online casino games fair?
To keep online casino games fair for players, legit sites will use random number generators to avoid any tampering with game results. Many sites will also have regular audits from a third-party regulator that will check all of the games to ensure they have random results with every play.
What is an online casino bonus?
Unlike classic brick and mortar casinos, online casinos regularly give players special bonus offers in the form of free money, free spins, deposit match bonuses, and even cashback offers. Many offers will be game-specific, and new members will receive a generous welcome bonus offer.
How do deposits and withdraws work at an offshore online casino?
Offshore online casinos that cater to US players will offer deposit and withdrawal options that accept major credit cards, debit cards, international online money transfers, and some even accept digital currencies like Bitcoin.
Are there any fees at offshore online casinos?
Online casinos do not charge fees for joining their site, though they might charge a fee for withdrawals. Depending on the type of banking option chosen, there could be a fee for transferring winnings or to transfer more than one withdrawal in a particular time period.
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Rolletto Casino has a licence issued by the Curacao Gaming Control Board, so you know that the games on offer are fair and you won’t have any trouble collecting your winnings. A name, phone number and date of birth are required to register at Rolletto Casino, but once this is done players have plenty of options. Slots are the major attraction at this establishment, and punters who like to spin reels will be happy to learn that the welcome package includes free spins. It only takes a few minutes to make a deposit at Rolletto Casino, and the available payment options include different cryptocurrencies as well as credit cards and e-wallets.
What is an offshore online casino site?
Offshore in the context of online casinos is essentially a gambling website operating in a country other than your own. Because many online casino operators opt to set up shop in countries where gambling regulation is favourable, it is highly likely the top-rated Internet casino you choose to play at is based somewhere outside of your home region – hence why the term ‘offshore casino site’ or ‘offshore online casino’ is so commonly used in online casino reviews and online gambling guides for new and experienced players.
If you are living in a country, state or territory where online gambling is heavily restricted or illegal, playing at an offshore online casino is often your best and safest choice when it comes to Internet gambling. This is because offshore online casinos are not based in your home country, so they are not subject to potential anti-gambling legislation; they are instead subject to the gambling laws imposed by the jurisdiction it is licensed and based in.
Because the majority of online gambling laws around the world rarely punish or ban individual players from accessing and playing at offshore casinos, they are highly recommended. Even if online gambling in your country is legal and there are locally-licensed online casino choices, offshore casinos are still often the most popular options given they cater to a worldwide audience owning to their design (choosing to set up shop in specialised gambling jurisdictions). Always do additional research to confirm your local gambling laws before signing up and playing.
Games
The first question you should ask yourself before choosing a casino site is what types of games you like playing.
Naturally, if you enjoy live dealer games, you should find a casino with an extensive live dealer library.
If you like slots, you will have no trouble finding hundreds of them at every casino site, but you should still look for those that feature progressive jackpots or have bonuses that relate to video slots, like free spins, for example.
Great Tax-Free Income!
If you want to learn how to be a master of casino games or sports wagering, offshore gambling sites can provide you with an extra tax-free source of revenue that you can use to pay your bills or cover other expenditures while you pursue your passion. You will, however, be required to commit a portion of your day to training, information collecting, and the testing of new tactics and methods.
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Authorities in the Philippines suspect large parts of the country’s online gambling industry to be a smokescreen for other crimes.
Starting this October, the Philippines will stop operations of 175 Philippine offshore gaming operators (POGOs) and deport about 40,000 Chinese workers, a justice ministry official said yesterday (Sept. 26).
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“The crackdown was triggered by reports of murder, kidnapping, and other crimes committed by Chinese nationals against fellow Chinese nationals,” justice ministry spokesperson Jose Dominic Clavano said.
Already back in 2020, the Philippines’ anti-money laundering council found the POGO industry “highly vulnerable” to financial crime. In January, a report by Filipino lawmakers found a “clear link” (pdf) between these businesses and nefarious activities including human trafficking, and recommended the prosecution of immigration officials who were involved in the criminal scheme.
The POGOs being shuttered have seen their Philippine Amusement and Gaming Corporation (PAGCOR) licenses expire or revoked for violations like non-payment of government fees, Clavano added.
Casino Bonuses and Promotions
One of the most enjoyable aspects of joining any online casino is being able to access and play through the various casino bonuses that are available with that particular operator. There are a wide range of different casino bonuses available throughout the industry, many of which will give you maximum value for money when you play through them. More often than not the first casino bonus any player will accept with an operator is their welcome offer, which is available exclusively to new customers that have just created an account with them. These tend to be particularly lucrative as they are designed to entice players into creating an account with that particular operator.
From there, you will then be classed as an existing player and then be able to play the other various promotions and offers that the site features. The best offshore casinos will provide their users with plenty of valuable promotions to sink their teeth into, unlike the lesser operators that players could quickly lose interest in. All of our featured offshore sites have a great selection of casino bonuses and promotions to choose from.
Is it Safe to Use Offshore Casinos?
If you happen to live in a state that allows gambling online, you will play at the legal gambling sites in your state rather than on offshore gambling sites that are not regulated in the state. It would be insane not to do so. If you send your money to an unregulated gambling site in another country, you won’t get the same level of security, safety, and peace of mind that you would get from using a regulated gambling site.
However, if you live in a state that does not have any legal options for online gambling, you might be compelled to gamble for real money at an overseas gambling site that welcomes players from the United States. That makes a lot more sense.
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Offshore Online Casinos Info
Offshore casinos are online gambling sites that are registered and operate in a country other than your own. When you type in “offshore” in a search box, you will be overwhelmed by the number of opinions about these casinos.
Still, it is obvious that as time passes, things are rapidly changing in offshore casinos’ favor. Since this industry is growing, offshore casinos must follow rules and ensure fair playing conditions. This is good news for players because they now have a wide selection of legal offshore casinos where they can play games and have fun.
Different countries have different laws regarding online casinos. It is very important for players to know the law of the country they live in so that they can join offshore casinos without any fear of legal prosecution.
In the US, no gambling law prohibits players from accessing online casinos, but some states can impose certain legal restrictions regarding payments or ban online casinos in their state.
How do offshore casinos work?
Simply put, an offshore casino is a casino located on foreign soil, which operates outside the laws of your country.
In terms of sports betting, offshore casinos are not subject to the same regulations as traditional casinos, so they can offer sports betting.
These casinos typically have their own sportsbooks, which take bets on sporting events. The odds for these bets are set by the casino.
World Sports Exchange
WSEX was the very first of many betting sites to falter during the original online gambling boom in 2006. WSEX gambled that players will flock to a no rake poker site, and all those players would provide plenty of liquidity for the sports-based areas to run. Unfortunately, payments to bettors started to be more slowly and slower, eventually stopping altogether. Many bettors lost their bankroll.
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Vegas Wild casino offers casino games that are divided into several sections. You can play table games, video poker, special games, slots, and more. All top-notch games are available and offered. Bonuses are high, always available, and above the average. All major payment methods are supported as well so you can use the one you like.
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Should POGOs be banned?
Senate Majority Leader Joel Villanueva recently introduced the Anti-Online Gambling Act to outlaw POGOs and penalize participants with up to six months in jail and fines of up to $8,710.
Critics think it’s too extreme to give up tax and real estate revenues from an entire industry because of some bad actors.
“Deporting all employees of POGOs because of the involvement of a few of them in the abductions and murders of their compatriots is like using a mallet to kill a pesky fly,” writes Ramon T. Tulfo, Filipino TV host, radio broadcaster, and columnist.
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Are Offshore Online Casinos Legal?
Most countries don’t want offshore casinos to affect their citizens, especially if they have a legal online casino environment like Canada does. However, that doesn’t mean that they are strictly illegal. What’s more, it’s not that easy to prohibit a site from accepting players from that country.
Thankfully, the situation is quite favourable in Canada, which is why hundreds of offshore casinos freely target the Canadian market, and Canadians are everyday users on their sites. Moreover, if you want to join an offshore casino, you don’t have to worry about the government prosecuting you, as this has never happened before.
Still, you must join only licensed and reliable offshore casinos, as they can still be bad for or downright scams.
How do deposits and withdrawals work at offshore online casinos?
In most cases, they work the same as they do in regular online casinos. The casino offers specific payment methods for depositing and withdrawals, and you can choose the one that suits you the most. The rest is quite simple, as all you need to do is input the required information to complete a transaction.
The Future of Offshore Online Casinos
The online gambling climate in the United States has changed quite drastically in the recent years, which doesn’t bode well for offshore casinos. While they’ve had their day in the sun, with more and more states passing gaming regulations and establishing legit sites, the need for these operators is starting to dwindle.
Furthermore, as the US starts to become more regulated, it is likely we’ll see an even stronger push against these kinds of offshore casinos. This will create a situation where they probably won’t be able to conduct their business in a feasible manner, leading to their departure from the scene altogether.
Of course, it isn’t likely these sites will go down without a fight as they’ve been present in the market for so long. But, as more US players get access to legal and fully regulated casinos, they will simply have no need or urge to play with these offshore sites. We’re already seeing the trend with only a few regulated states and as things continue to move in the right direction, this trend will become even stronger.
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FAQ
Available for GamStop Users
Having the option to self-exclude is empowering. However, not all players need an indefinite limitation to their gambling activities. Finding a way for bypassing GamStop is provided by offshore operators. International casinos allow players to use their services without prejudice.
Pros:
- Unrivaled game selection — Offshore sites collaborate with dozens of industry-leading software providers, creating stunning game collections with exciting and fast-paced slots, feature-rich table games, and immersive live dealer titles with professional dealers.
- Free play — You can practice by trying the games in demo mode. Most offshore casinos feature free-to-play, allowing users to test games before investing real money. So, if you’re unsure about a game, you can play it for fun and see whether it’s worth your time and money.
- Generous bonuses and promotions — You can claim thousands of dollars as a welcome bonus at a licensed offshore casino. These platforms are known for juicy new player deals and rewarding promotions for regulars. You can enhance your gambling experience and create more winning opportunities with such offers.
- Variety of supported payment methods — You’ll find an assortment of accepted banking options. Aside from traditional bank cards and transfers, you’ll also encounter e-wallets and cryptocurrencies that create an extra security layer.
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