Online Casinos As The Most Attractive Phenomenon Of The Gambling Industry In The 21st Century

Hollywoodbets – #6 Best New Betting Site

Like many of the best new betting sites these days, Hollywoodbets is home to both an online casino and a sportsbook, which is handy for those who like to have a lot of betting options.

Despite the all-American name of this site, Hollywoodbets is based out of South Africa. While it only launched in the UK in mid-2020, Hollywoodbets is one of the top betting brands in South Africa, which should assure new customers on the site that they are in very safe hands.

The official betting partner of London-based football team Brentford, Hollywoodbets offers a range of tempting promotions such as best odds guaranteed on horse racing.

Unlike a lot of the top betting sites out there, Hollywoodbets runs this offer for racing in South Africa, as well as in the UK and Ireland. Other bonuses of note include a bonus of up to 30% on accumulators placed on the Hollywoodbets platform. Acca insurance is also offered.

A striking purple colour scheme at Hollywoodbets is backed up by a user-friendly design. Customer service can be accessed through the live chat button in the bottom-left corner of all pages, while there is a decent range of live streams that can be accessed on this betting site.

Football is the top sport at Hollywoodbets, as with most bookies, and big games often have hundreds of markets to pick from. These include all the basics that sports fans would expect, as well as more unusual options such as the number of throw-ins that will be taken during a game.

Away from football, Hollywoodbets has pretty much all the bases covered on its sportsbook while the odds tend to be quite good value on this site too.

Hollywoodbets pros

• Great bonuses on sports, including best odds guaranteed for various horse races
• Good choice of esports betting including markets on LoL, Valorant and CS: GO

Hollywoodbets cons

• Unfortunately, Hollywoodbets cannot yet offer its users 24/7 customer service
• Tips section on the Hollywoodbets does not seem to be updated very often

Hollywoodbets welcome offer

Bet £10 Get £20 in Free Bets

T&C’s apply. £10 min deposit required. 1x min £10 qualifying bets required. Qualifying bets cannot be placed on the same event. Qualifying bets must be placed on selections with min odds 1.8 (4/5). 4x £5 Free Bets will be credited once qualifying bets have been resulted. 1 x £5 Free Bet will available for use on any Football Match Result Market, 1 x £5 Free Bet valid on any Football Correct Score Market, 1 x £5 Free Bet on any Horse Racing selection , 1 x £5 Free Bet on any Tennis Selection. Free Bets valid for 7 days. BeGambleAware.org #ad

Best online casino bonus offer types — deposit match bonus

When you’re looking for online casino new customer offers, you might come across something that looks like this:

• Deposit match bonus — 100% up to £100

With such an offer, the operator will match your first deposit amount, up to a total of £100. So, if you make a deposit of £100, you’ll receive an extra £100. Make a deposit of £10, you’ll receive £10. There may also be a code for the offer, such as the bet365 bonus code.

If you make a higher deposit, let’s say £200, you’ll still only receive £100 in bonuses.

The bonus, in these cases, is typically offered as non-withdrawable funds. In other words, your bonus can be used to bet with, but can’t be withdrawn as cash. Winnings made from bonus funds could be subject to wagering requirements, which we’ll come to shortly.

There are variations of this type of bonus. Let’s use another example.

• Deposit match bonus — 50% up to £50

In this example, you can gain an extra £50 in bonus funds on your first deposit.

This promotion states that the online casino will give you 50% of your first deposit as a bonus. The maximum bonus is £50. To claim the full bonus, you would therefore need to make a deposit of £100.

Deposit £50, you’ll receive 50% of this amount, meaning you’ll get £25 in bonus funds.

There tends to be a minimum deposit amount attached to these types of offers. This can vary from operator to operator. In general, though, most deposit match bonus offers require a first deposit of at least £10.

Other terms and conditions also apply. Payment methods and time restrictions will need to be adhered to. We’ll cover basic terms and conditions in greater detail later.

Reduce the House Edge

If you choose to play online slots, for example, check for the RTP (Return to Player) percentage in the game rules or paytable. If a slot has an RTP of 97%, subtract this from 100 to calculate the casino advantage, which in this case is 3%. Gambling on games with a high RTP and low house edge gives you a better chance of winning.

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ONLINE SLOTS

Looking for New Online Slots? You have come to the right place as we bring you a range of exciting online slots with fascinating themes, attractive characters and generous bonus features offering you endless fun on the reels.

We have associated with the top slots providers in the industry to offer you a host of HD and 3D slot games with great graphics, enticing animations and immersive soundtracks. Whether you are a fan of traditional 3-reels and 5-reel slot games or want to try the 'all ways wins' slots, we have got it covered at our online casino UK!

Our exclusive spread of slots includes classic slot games such as Rainbow Riches, Golden Goddess, Cleopatra, Starburst, Gonzo' Quest as well as popular blockbuster titles such as Game of Thrones, Jurassic World, King Kong Cash, Action Bank all these games are available to play at TheOnlineCasino™. Make your selection and wager high or low as per your preference.

Legitimacy and Authentication

The first factor that new players must always consider is the site’s legitimacy and authentication. Unfortunately, online gambling isn’t legal in all parts of the world. This means that not all people may always have immediate access to legitimate websites. The sad fact is that there are many fraudulent websites out there that are looking to scam gullible players out of their hard-earned money. There are only a handful of licensing bodies in the world when it comes to gambling. It would always be a good practice to research on a particular platform’s licensing status in order to fully authenticate them as a gambling service provider.

✅ WHAT IS THE GAME OF THE WEEK?

Every week NetBet presents a featured slot game - this is our Game of the Week. By playing this slot in the designated time frame, all registered UK NetBet Casino players can benefit twice as much as usual. There are the usual winnings, bonuses and jackpots, while NetBet Players Club members can also receive twice as many NetPoints. Win twice as much with one deposit! That doesn’t sound too bad, does it? Any NetPoints go towards premium prizes in our club shop. On top of bonuses and NetPoints, all players who participate in this promotion have the opportunity to win an extra £100 cash in our raffle. With this sort of promotion, why would you go anywhere else? You’re bound to be a winner in one way or another, and you never know, by playing our Game of the Week, you might even win a massive jackpot. That’s even more incentive to play and enjoy our online casino. Our winners are posted on our website each week, and you could be joining them one day!

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Security

Unfortunately, online casinos can present themselves as tempting targets for hackers and swindlers. Licensed platform services should come with anti-fraud and anti-hacking security measures. Know Your Customer (KYC) measures, such as manual reviews of ID documents, are critical for preventing bonus abuse and other kinds of fraud, as well as underage and problem gambling. Many licensing jurisdictions require operators to follow KYC guidelines.

Many platforms use Q&A security systems where players choose a question only they know the answer to in order to verify their identity. Software providers sometimes take it a step further by adding two-factor verification, like sending a login code to the player’s mobile phone. Some casino platforms also include a fraud module that analyzes player accounts and flags suspicious behavior such as attempts to open multiple accounts in order to abuse bonus offers.

Ministers are set to unveil new online gambling curbs in bid to stem addiction crisis

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Conclusion

The UK is establishing a new system to make gambling less addictive by reducing bonuses and controlling the number of bets an individual can place. While the relaxation of UK gambling rules is a move forward for preventing gambling addictions, the proposed changes to maximum stakes and bonus reductions cause concern amongst industry figures stating that it will lead to less money spent on bonus deals by casinos. Gambling operators abusing the new rules only offer higher bets than previous amounts.

Payments and Banking

This is a key aspect when choosing a new casino. We will only recommend casinos with a good selection of trusted banking options and speedy payouts. We only review new online casinos that do not withhold customers funds longer than the industry standard. Also, we recommend that you play at a new casino that allows you to use your favourite payment method. The majority of new online casinos support a variety of different payments, from more modern banking techniques like e-wallets and Google Pay to more conventional ones like debit cards. The deposit restrictions are something to keep in mind when choosing a payment option at a new casino website. Low deposit thresholds apply to Pay by Mobile alternatives and prepaid cards; on the other hand, some of the highest deposit thresholds apply to cryptocurrencies like Bitcoin.

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Virtual Reality Gambling Platforms

Suppose someone would tell you that there is a way to have the full experience of going into a casino without having to leave the confines of your room. In that case, you’d probably think it would be too good to be true. If this possibility excites you, then you have Virtual Reality to thank. This advancement in technology has had a significant effect on online casinos.

It provided them with the platform to become even more interactive and immersive for the gamer. It gives the gamer the desired experience. The difference between VR and the typical online and social platforms for gaming is that VR casinos want to reduce their number of consumers significantly. Sort of like weeding them out so that they are left with the big players.

Best Brand New UK Casinos – Key Points

We are focused on top UK casinos for September 2022 that offer a reliable and secure place to play. We only test new online casinos that are reputable and licensed by the UK Gambling Commission. Player safety is paramount for us, but the best new casino sites need to bring much more than that to the table. Here’s a few key points, starting with the matter of safety and security:

Create your own casino

In all parts of the world, online casinos are booming. However, new casinos often fold within the first year of operating. And, there are some challenges you'll need to overcome.

For starters, launching your own version isn't cheap. You can pay as little as $5000 in the UK and Malta to over $1M in the US for licensing. It may be more convenient to secure a gaming license from companies like SoftSwiss.

There's also website development, management, and marketing to pay for. As a new online casino, you have to wait a while before you start making money.

Here are some tried and true tips...

• Choose a currency: Rewards play a major role in gambling. The appeal of gaming is to be able to make a lot of money in a relatively short time period. Because of this, you should have a secure payment portal and begin verifying registration processes. Instead of using real money, free-to-play and trial games use bonus points.
• Provide a wide range of games: Some of these include roulette, blackjack and baccarat. This provides users with a variety of options---and to enhance authenticity---use real-life photographs and videos.
• Set up a loyalty program: Offer bonus system and implement retention campaigns, as well. This will help you gain a new audience and encourage them to return.

Related: A Step-by-Step Guide To Building Your First Mobile App

The online gambling industry is quickly growing to become one of the most prominent and lucrative markets in the world. In fact, online gambling is growing at such a rapid rate that experts believe that the entire industry will be worth by as much as $127.3 billion by 2027. A lot of this has to do with the fact that more people are hopping onto the various online gambling platforms in order to place their bets and play their favorite casino games. In the past, casino games were only accessible for people who were in close proximity to actual land-based casinos. However, these days, people are now more than capable of playing their favorite games without having to leave the comforts of their own homes.

Moreover, user acquisition for online gambling platforms is getting incredibly competitive. Day by day, new casinos are sprouting up left and right. And this is resulting in the saturation of the online gambling market. Many consumers who may be looking to get into the online gambling practice for the first time may find the task of choosing their first platform to be incredibly daunting. Out of the sheer number of available options out there, it may not always be easy for people to figure out what the best online gambling platform is for them. In this article, we are going to go over the top seven factors that new players need to consider when choosing an ideal online gambling site.

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The Best Online Gambling Sites for Brazil Players in 2022

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Mobile Gambling Growth

In today’s world, commuting gambling is very accessible for anyone of legal age. There are slot machines and bingo for the women, and men usually take part in weekly or even daily betting on their favorite professional sports leagues.

The accessibility and handiness of having a handheld device for gambling aren’t maximized to its full potential just yet. Once the operators can find the sweet spot and create a formula where they can maximize the utilization of people always being on their handheld devices 24/7, the market for mobile gaming will grow exponentially. When the market grows exponentially, so will the cash flow.

What should you consider when choosing a licensing jurisdiction?

YOUR LEVEL OF EXPERIENCE

First-time operators who have yet to build a substantial enterprise often apply for a license in a jurisdiction with comparatively lower costs and simpler requirements, while more established operators who have gained some brand recognition might want to expand into new markets.

For example, a new operator might opt to get licensed in Curacao, which is cheaper than several other jurisdictions. A more established casino with more financial resources looking to conquer new territory might seek a license from the Malta Gaming Authority, which many feel carries more weight.

GAME CONTENT

Some jurisdictions, like Curacao, offer a single license that allows the holder to offer all types of gambling. However, many other jurisdictions offer separate licenses for each type of gaming. Often these are separated into such categories as casino/RNG, sports betting, peer-to-peer games like poker, and fantasy sports. It’s important to note that poker regulations depend on whether the jurisdiction in question classifies it as a game of chance or skill. If it’s considered a game of skill, a license might not be necessary. Also, different gaming content providers have different license requirements. They might, for example, require their partners to have a license from either Malta or Curacao.

COST

The cost of the license is, obviously, an important consideration. Application, license, and renewal fees, as well as other costs associated with the application process, are different in each jurisdiction. The amount of start-up capital the operator has on hand will likely provide a defining constraint on the decision. The total cost of the license will also depend on how many types of gambling you want to offer. If the regulatory body in your chosen jurisdiction offers different types of license for different types of gaming, you’ll have to pay a separate license fee for each of them.

And, as always, don’t forget about taxes. While governments in some jurisdictions charge little to no gaming taxes, others can have a complicated schedule of fees depending on revenue. Some offshore jurisdictions also charge little or no corporate tax.

THE LICENSING PROCESS

Every jurisdiction has its own licensing process, and they are often highly complex and very bureaucratic. Due diligence checks can be very thorough, sometimes including background checks conducted through international law enforcement agencies, and applicants must usually complete a long list of paperwork.

The time frame for licensing can also play a large role in the choice of jurisdiction, as it can vary greatly. Newer operators are often drawn to the six-week process of Curacao, while more established brands have the resources (and the patience) to wait out the six months it takes to get a license in Malta.

Many new operators choose to navigate the complicated licensing process by engaging jurisdictional advisory services, as the legal complexities of establishing an international gambling business can easily leave operators scratching their heads (or bursting into tears when they see the mountain of paperwork they have to fill out).

Most popular:

• Curacao
• Malta
• Alderney
• The Isle of Man
• Gibraltar
• The UK

Gambling Responsibly

We take great pride in promoting gambling safely and responsibly here at BettingLounge. We will only recommend new online bookmakers that have responsible gambling protocols in place on their sites. Check out our Responsible Gambling Guide for tips and advice on how to stay in control, and services offering free professional help!

• Self-assessment tests: We check to make sure the new bookmakers offer self-assessment tests to help you if you are at risk of developing a gambling problem.
• Deposit Limits: Almost all new betting sites offer deposit limits, and we recommend all punters set a limit and stick to a budget they can afford.
• Reality Checks: We check to make sure new bookmakers offer reality checks to monitor your time and money spent on a betting site.
• Self-exclusion: Again, all new betting sites in our list offer self-exclusion options if you want to take a break or suspend your account for 6 months, 1 year, 5 years, or longer.

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Federal Regulation

In the 1990s, when the World Wide Web was growing rapidly in popularity, online gambling appeared to represent an end-run around government control and prohibition. A site operator needed only to establish the business in a friendly offshore jurisdiction such as the Bahamas and begin taking bets. Anyone with access to a web browser could find the site and place wagers by credit card. Confronted with this blatant challenge to American policies, the Department of Justice and Congress explored the applicability of current law and the desirability of new regulation for online gambling.

In exploring whether an offshore Internet gambling business taking bets from Americans violated federal law, attention was focused on the Wire Act, 18 U.S.C. § 1084 (2000). The operator of a wagering business is at risk of being fined and imprisoned under the Wire Act if the operator knowingly uses a "wire communication facility" to transmit information related to wagering on "any sporting event or contest." 18 U.S.C. § 1084(a). An exception exists if that act is legal in both the source and destination locations of the transmission. § 1084(b). The Wire Act’s definition of “wire communication facility” appears to embrace the nation's entire telecommunications infrastructure, and therefore probably applies to online gambling. See § 1081.

The Department of Justice maintains that, under the Wire Act, all Internet gambling by bettors in the United States is illegal. U.S. House of Representatives Committee on the Judiciary Hearing on Establishing Consistent Enforcement Policies in the Context of Online Wagers, 110th Cong., Nov. 14, 2007 (testimony of Catherine Hanaway, U.S. Attorney (E.D. Mo.), Dept. of Justice). The Fifth Circuit disagreed, ruling that the Wire Act applies only to sports betting, not other types of gambling. In re MasterCard Int’l Inc., 313 F.3d 257 (5th Cir. 2002).

In 2006, Congress passed the Unlawful Internet Gambling Enforcement Act, which made it illegal for wagering businesses to knowingly accept payment in connection with unlawful Internet gambling (though it does not itself make Internet gambling illegal). 109 Pub. L. 109-347, Title VIII (Oct. 13, 2006) (codified at 31 U.S.C. §§ 5301, 5361–67). It also authorizes the Federal Reserve System to create regulations that prohibit financial transaction providers (banks, credit card companies, etc.) from accepting those payments. See 31 U.S.C. § 5363(4). This Act, along with threats of prosecution under the Wire Act from the Department of Justice, has caused several Internet gambling businesses to withdraw from the U.S. market.

In response, House Representatives introduced multiple bills in 2007 to soften federal Internet gambling law. If passed, the Internet Gambling Regulation and Enforcement Act and the Internet Gambling Regulation and Tax Enforcement Act would license, regulate, and tax Internet gambling businesses rather than prohibit them from taking bets from the United States. Alternatively, the Skill Game Protection Act would clarify the Wire Act to exempt certain games such as poker and chess.