Each online casino has an official seat in a given country (or territory with a special status—jurisdiction). For an online casino to work from a particular country, it is necessary for it to have a liberal legislation on online gambling. Licenses are issued either by countries that want to regulate and tax the gambling activities of their citizens or jurisdictions that entitle casinos to engage in international activities. Learn about the best casinos and your ideal approach to them at ทางเข้า betway88.
Contacting the Regulator
If the casino persistently refuses to pay you the honestly earned money, the only thing left is to contact the regulator who issued the casino license. Only this will show how important it is to choose a casino based on who issued his license. A good regulator will always take an independent position on the side of fair gambling. He should make an impartial assessment and investigate any formal complaint. In the event of a serious breach by the casino, the regulator may proceed to revocation of the operator’s license.
In practice, with some regulators, you will not even have access to a contact form to file a complaint. In that case, you have no chance against the casualties of the casino.
With some regulators, you may be successful and get a fair solution to the case, but the authorities are generally not very interested. Here, as an example, we can point to Curacao and Gibraltar.
Whom to Approach?
On the other side of the axis are respected regulators such as Malta, Alderney, and the Isle of Man. In case of a conflict with a casino licensed by these authorities, you have significant chances of protection from the law.
Amount of revenue corresponding to the value of the winnings you play; acceptable towing limits
Again, we will make a parallel with insurance companies. Would you insure your home in a company that collects less money on an annual basis than your house costs? Probably not. If your house burns up, this insurance company will not have the money to pay you compensation, and you have to sue them. As a result, they may go bankrupt, but in any case you will not see any money from them.
What to Watch Out For
Online casinos are similar. If you win a big amount in a small casino, it will break their cash flow. In this case, the casino will have an opportunity to act in bad faith. In the worst case, it will be declared insolvent. Then things will not rest on honesty or deceit, but just that the casino does not have that much money.
In any case, before you start playing, make an assessment of the casino’s financial capacity. Always try to get the most out of your winnings—make sure that the casino can even pay a 5000 times your maximum bet. If you accidentally win a lot of money and the casino does not pay you, it will cause you a shock.