Due to the reason that eSports betting is somewhat new, there are a lot of questions about whether it is legal or not. This is indeed kind of confusing question to ask since even with online casinos such as, there are still no concrete answers whether they’re legal or not.
Is it Safe to Bet in eSports and other Online Gambling Sites?
First and foremost, it is totally legal to bet on eSports. This is given that it is legally allowed in the place where you are placing your bets. Of course, that you are of legal age to gamble. You must expect a trustworthy and reputable bookmaker in verifying few pieces of information such as:
- Age
- Identity
- Location and;
- Payment methods you like to use
You’ve definitely heard tons of stories regarding gambling sites that are operating without a license. This one is completely illegal and also, it takes away any possible protection you can have.
Therefore, it’s your job to check your preferred betting site before making any bet. Look for things like their license, whether they’re regulated and so forth. If there’s something you need to know, it’s the fact that a site without a license should be considered as a red flag.
Narrowing Your Options
Whenever you are looking for an eSports betting site over the web, see to it that you check for more strictly regulated licenses similar to the following:
- Malta Gaming Authority
- UK Gambling Commission
- Gibraltar Gaming Ordinance and;
- Isle of Man Gambling Commission
All the mentioned authorities in online gambling industries have established a more stringent standard in acquiring a license and hold bookmakers for any eSports betting option.
Making Your First Deposit
In relation to eSports betting websites, you are going to find a ton of available payment and deposit methods, which include old favorites like credit and debit cards, eWallets like Neteller, Skrill and PayPal and even bank transfers.
Though the real advancement in eSports betting site is welcoming cryptocurrency. There are a lot of eSports bookmakers who acknowledge the value of eSports betting with cryptocurrencies, most especially Bitcoin. This is not really surprising and several online casinos have been doing this for years. Of course, depending on the casino site, it will dictate what kind of cryptocurrency they will be accepting.
Let’s not forget about Bonuses
With eSport bonus, you can make the most of your initial deposit. There are various bonuses and promotions that betting sites are offering to attract more players. It is best to check it out and read the mechanics to fully take advantage of it.