Why betting- and bonus-offers shouldn’t be the only criteria when choosing a bookmaker

17 May 2020 – Betting is increasingly becoming popular, thanks to online gaming with sa gaming. Gambling in a physical casino is restricted in the majority of Indian states and is punishable by law. However, online gambling from offshore betting companies is permitted on condition that they use Indian Rupees (INR) as the mode of currency. It is a welcome idea among the youthful Indians who have mastered the procedure.

Various reasons make a gamer choose an online casino or bookmaker. Bonuses take up a significant influence as the reward is immediate. Wetten.com has shade some light on popular betting offers in India. The welcome bonus is the most sought-after offer. The gamer gets a matched deposit amount, mostly 100%. The higher the deposit bonus amount, the more attractive the bookmaker.

However, with time, gamers have realised bonuses are not the only reason for joining a casino. Some operational elements are making the actual gaming more seamless. A classic example is online payments. India’s banking laws have made payments to and from the betting accounts difficult. An exceptional bookmaker should offer easily accessible payment method to its customers.

As gaming laws make inroads in more states in India, gamers have become aware of good gaming features. They endeavour to provide a comprehensive analysis of other essential elements to look out for when choosing a betting firm.

Other Factors to Consider when Selecting a Good Betting Platform

Online Security

Betting involves sharing vital personal and financial information. If such information falls into the crooked hands, it will compromise the gamer, exposing them to cyber-crime and online bullying. Therefore, before you sign up and commit to the betting firm, ensure you read their privacy policy and ascertain that the technology they use is secure. Most of the online security service providers incorporate their logo at the bottom of the betting site’s home page. Please carry out some research to verify their experience.

The banks in India are cognisant of the threat associated with linking their systems to betting sites. It both affects the bank and customer. This is the reason why the movement of funds between the two systems is tedious. However, the linkage between the online payment systems like PayPal, Neteller and Skrill have improved the penetration. The preferred online casino should institute security measures to secure the customer’s funds within and without the system.

Gamers have to share their personal information with the betting company. Others even request for a picture of identification documents and utility bills as proof. If this information gets to wrong hands, it might jeopardise the customer’s physical security. Cross-check which security system the preferred bookmaker uses and research. Secure Socket Layer (SSL) is among the best security systems in the world. Some of its customers include international banks and renowned financial institutions.

Payment Method

The Indian market is sensitive to payment methods. Their financial system is not as liberal as countries who have opened their market to betting. Wiring funds from the bank account to the betting account is not easy. Bettors use online wallets to transact. With time, the banks have eased the process, although not fully automated.

PayPal is the biggest player in online gaming. Online betting sites like Royal Panda, LeoVegas, Rizk and Comeon have a working agreement with them. It provides deposit and withdrawal between the betting site and the e-wallet. Since the majority of gamers do transactions less than 10,000 INR, it serves them better. Deposits and withdrawal reflect immediately, while transaction costs are low.

Other growing e-wallets include Neteller, Skrill, ecoPayz, to mention nut a few. MasterCard, VISA and VISA Electron are gaining commercial ground in India, thanks to their experience, broad coverage and online security. Ultimately, the choice of the payment method should be convenient for the gamer.

Industry Experience

The dynamics and sensitivity of gaming need experienced service providers. All online and foreign-based casinos have considerable experience in gambling. However, the right criterion for sourcing is experience in jurisdictions were gaming is strictly regulated. Such betting sites:-

• Understand the legal implications of gaming and possible ways of enticing gamers to participate. They also have better negotiation skills. Such markets include the United States, Middle and Far East Countries and a section of Eastern Europe Countries.
• Enjoy economies of scale– betting companies with an extensive betting portfolio give the best offers and promotion using existing structures. They can share resources (human and capital) with markets in the same geographical location.
• Have hands-on experience– their staff have experience in handling technical and operational matters. It helps prevent mistakes from happening and speeds up resolutions, in case it does.
• Have better currency conversion rates– the more the countries a betting site has operations in, the better they are in forex trading. Converting dollars, euros and pounds to INR by experienced betting companies give a competitive exchange rate. It means more INR for foreign currencies.

Some of the betting companies in India with more significant market coverage include Betway, Bet365, LeoVegas and Unibet.

Alternative Betting Platforms

Technology is revolutionising gaming as more methods come up. From Physical gaming booth to websites. Websites are now customised to suit mobile browsers. To personalise the experience, gaming software providers have come up with mobile applications for Android and Apple phones. Players can choose which platform they are comfortable with.

All the platforms offer the same service at the same cost and convenience. Some games like video slots and poker flow seamlessly on a mobile application. Also, most financial services have developed mobile apps, making the phone a one-stop-shop for all betting activities.

For the Indian States that allow physical casino outlets, gaming from the phone and actual tables gives the gamer an all-round experience. Others have designed text message betting where players who cannot access a smartphone or a computer can send coded messages. All these platforms are harmonised to fit into a specific target group.

Range of Games

A platform with a variety of games attracts a significant number of bettors. It sums up all gambling activities and makes it pointless to have multiple betting sites for each game. For football lovers, all the popular leagues and tournaments should be on the platform. Cricket enthusiast should have all championships and leagues with improved odds.

For those who love horse racing, tennis, rugby and basketball, all the major leagues in India and abroad must be indicated. Getting a variety of markets with competitive odds is a major boost to gaming. Some bookmakers have features such as cash-out, odds boost and live links. They ensure maximum participation in live betting.

During season breaks, gaming software providers have come up with e-sport games which run throughout the year. They keep the odds coming and the bettors engaged. Counter-Strike: Global Offensive, League of Legends and DoTA 2 are the most popular e-sport games.

Majority of gaming service providers have both sportsbook and online casino games. For gamers who like online casino games, baccarat, video games, video slots and poker games are up for grabs. Jackpots, tournaments and other high paying game pools attract people.