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Bitcoin is now officially licenced as a currency payment by the UK Gambling Commission (UKGC). Before Year´s End That´s right, the UKGC has added Bitcoin and other cryptocurrencies to its list of acceptable payment methods available to UKGC licencees for the first time ever. The newly updated License Conditions and Codes of Practice (LCCP) take effect on Oct. 31, 2016. Key Clauses The new conditions are treated in Section 5.1 of the LCCP codes addressing “cash and cash equivalents, payment methods and services.” The specific clause which brings Bitcoin et al into the fold is the directive that licensees must “implement appropriate policies and procedures concerning the usage of cash and cash equivalents,” with those cash equivalents to include bankers drafts, cheques and debit cards and digital currencies…” Risk Reduction The UKGC remains committed to reducing risk of money laundering through updating the codes, while also advising licencees to “take into account any applicable learning or guidelines” that the UKGC may issue from time to time. The guidelines provide a set of best practices for operators which now include the acceptance of digital currencies as a safe form of operation. Increasing Momentum The acceptance of Bitcoin by a licencing authority as prominent as the UKGC can only speed up the public acceptance of cryptocurrencies. The UK becomes the second jurisdiction to licence the acceptance of Bitcoin, following Curaçao. Other regions soon possibly following suit include the Isle of Man, whose Gambling Supervision Commission in May proposed licensing guidelines allowing for deposits made in “convertible virtual currencies”; and the Malta Gaming Authority, which reportedly held a meeting to consider the licencing virtual currency just last Tuesday. Scope The new UKGC guidelines will apply to UK-serving operators, with 719 online casino licences held by 427 online casino operators. Look for relatively rapid widespread acceptance now, with other jurisdictions beyond the aforementioned following suit within the next 12 months.
Leading Swedish Videoslots Casino is concerned about overly narrow protections during the Coronavirus phase pushing users into the arms of unscrupulous unlicensed operators. The Controversy The expressed concern comes as lawmakers in the region convene this week to debate the measures. The proposed protections include limits on gambling deposits along with restrictions on bonus offers set at SEK100 for customers who have to set mandatory time limits on their durations of play. The Current Climate The new rules are scheduled for discussion on May 7th. The strictest measures ever imposed in Europe currently include bonus limits on first-time customers, deposit limits of 10,000 SEK on interaction with players; and ensuring players are not registered with the national Spelpaus self-exclusion program before being allowed to play. Stifling Competitiveness The objections at Videoslots that more proposed changes would render licensed operators non-competitive were originally expressed by General Counsel Ewout Wierda. A Copenhagen Economics report commissioned by the Swedish Trade Association for Online Gambling (which includes Videoslots) confirmed that Sweden's online casino industry is already exposed to fierce competition from unlicensed providers: 58% of players responding confirming that forced restrictions on bonus schemes drive them to unlicensed sites. Undesired Results? The changes would serve to decrease rather than increase channelization, or the share of gambling taking place on regulated sites, with a target goal of 90% currently established by the Swedish government. Trusting Operators Ewout Wierda believes that at some point the government should rely on the judgment of licensed operators: “Videoslots agrees with the licensing objectives and has invested a significant amount of time and money in sophisticated systems to keep a risk-based focus on customers who need protection.” Outlook If operators can be transparent and demonstrative about the measures they are taking as individuals and as a professional group, maybe they can assuage government concerns—as long as the operators immediately show results.
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Many online casinos offer enticing promotions and specials to their players. Some of the most common are cashback, match deposit, and reload bonuses. Despite the popularity of these promotions, players might not always be clear on what offers are on the table and what exactly they’ll be getting. For this reason, we’ve created this guide to casino bonuses: cashback, match deposit, and reload. Read on to get all the information you need to decide which ones are worth your while. What Is a Cashback Bonus? A cashback bonus allows you to get a portion of your losses deposited back into your account. Here’s an example of how it works: An online casino offers 25% cashback on losses incurred after you make a deposit. If you make a $50 deposit and lose $20, you’ll be eligible for $5 (since 25% of 20 equals 5). Cashback deposit bonuses have wagering requirements (also known as playthrough). Let’s say you play at a casino that offers 20% cashback and has a 25x wagering requirement. If you deposit $100 and lose half, you’ll be eligible for $10 cashback (20% times $50 = $10). However, you must meet the 25x wagering requirement before accessing that cashback. 25 times $10 = $250, which is how much you need to bet before claiming the cashback. Some casinos also require that you lose your entire deposit before claiming the cashback. So, in the above example, you would need to lose $100 (qualifying for $20 in cashback) and then meet the wagering requirements 25x. Pros and Cons of Cashback Cashback is an attractive bonus because it gives you something after you incur a loss (which happens to even the best casino players). The main drawback is that casinos often limit the amount of cashback you receive. However, if you’re aware of the limits, you can make sure to deposit only the amount that will yield the maximum cashback and not above that. What Is a Match Deposit Bonus? Match deposit bonuses are offered to new and returning players as recurring promotions. They differ from cashback bonuses in that they’re based on the money you deposit, not the amount you lose. In other words, when you make the deposit, you know how much bonus cash you’re eligible for, unlike cashback bonuses, where you only know how much you’ll get after you play and incur losses. A typical match deposit bonus looks like this: 100% match deposit bonus, up to $500. If you deposit $200, you’ll be eligible for $200 in bonus money. But if you deposit $600, you’ll only be eligible for $500 since that’s the cap. Some deposit bonuses (usually those offered to new players) occur over several deposits. For example, a casino might offer 100% on your first deposit (up to $500), 50% on your second deposit (up to $300), and 25% on your third deposit (up to $200). No matter what offer is on the table, deposit bonuses also come with wagering requirements that are important to note before taking advantage of them. Knowing the wagering requirements will help you calculate how much you need to deposit altogether before claiming the bonus. Other requirements in the fine print revolve around maximum bets, eligible games, and minimum deposits. Pros and Cons of Match Deposit Bonuses The main attraction of match deposit bonuses is that you have the opportunity to earn a large sum of money when you make a deposit (and anyway, you need to deposit to play at a casino). The main drawback is that there are wagering requirements, meaning you have to deposit a large sum to win your bonus cash. What Is a Reload Bonus? A reload bonus is another popular type of casino bonus that awards you once you’ve already made a deposit. In essence, reload bonuses are any bonuses players can get after using the initial welcome bonus. Reload bonuses include: Deposit match bonuses Deposit match + bonus spins Loyalty points Cashback Like cashback and match deposit bonuses, reload bonuses have wagering/playthrough requirements that require you to deposit a certain amount of money in order to qualify for the free money the casino is offering. Pros and Cons of Reload Bonuses The main attraction of reload bonuses is that they reward returning players who have already used their welcome bonus. So if you’re going to make a deposit anyway, these reload bonuses help you get more bang for your buck. The drawback is the same as that of match deposit bonuses—if you don’t meet the wagering requirements, you won’t get anything. And in some cases, the wagering requirements can be very high. Which Casino Bonus is Best: Cashback, Match Deposit, or Reload? The question of which type of online casino bonus is best is highly individual and depends on several factors: Your bankroll Your personal preference and playing style The terms and conditions of each specific offer Only you know your budget and can decide how much you are willing to spend. It’s important to set limits for yourself before jumping into any promotion so you can do the calculations and make sure you don’t overspend. The terms and conditions for each offer can also be a deciding factor in which one is most worthwhile. Things to look at include the cashback percentage and limits, the match deposit percentage and limits, wagering requirements, and game restrictions. Being an informed player can go a long way toward making sure you get the most worthwhile bonus. Take your time and read the fine print so that you can have the most enjoyable—and rewarding—casino experience possible.
Casinos are understandably helpful when it comes to informing you of how to make deposits, but you should also be aware of how to make withdrawals. Finance is not a one-way process with casino sites, with some players winning thousands of dollars. Knowing the intricacies of how to withdraw winnings will enable you to complete the process quickly and efficiently. A Winning Case Study Winner Casino has an outstanding process in place for withdrawing winnings. The online casino has taken the time to produce a photographic guide complete with instructions. Any doubts that players have will soon be eased by their ready access to helpful information. The process starts off by players visiting the cashier using the “Withdraw” tab. This will then give the player a space in which to enter the amount of winnings that they would like to withdraw from Winner Casino. A list of payment options will then be provided, with the player having to choose the most suitable for them. Lastly, there is an option for checking the status of all pending payments. This will provide guidance as to which date the funds will be transferred on. Choosing Payment Methods For online casinos that accept standard debit/credit cards and e-wallets like PayPal and Neteller, these are the simplest ways in which to withdraw funds. They are the most utilised by casino operators and they have refined their process. A potential drawback of safe alternative payment methods is that some of the newer options are suitable for performing withdrawals. For instance, e-vouchers like Ukash and paysafecard do not offer a withdrawal function for online gamblers, which is why an alternative should be chosen. For players struggling to make withdrawals, do not forget that you have the right to request a wire transfer directly to your bank account. Another alternative is that you request a banker’s draft, detailing the amount owed, to be sent to your home. Daily Withdrawal Limits Something to watch out for is the daily withdrawal limit for an online casinos. Most sites will have at least some form of daily limit in place, which means that you will slowly need to withdraw larger sums of winnings over a time. A typical daily limit could be in the region of $2,000, although other operators might go even higher than that. For winners that score jackpots worth hundreds of thousands or even millions of dollars, the casino will agree upon a payment plan to award all of the funds.
More people play online casino games online than in land-based venues but the search for more convenient gambling options is never ending. The mobile gambling revolution started a while ago and we are now living in its aftermath, with smartphones and tablets being routinely used for gambling. Android devices reign supreme, with dozens of manufacturers producing gadgets powered by the operating system and supporting the latest casino games. A New King of Online Gambling Going mobile is no longer an option for online casinos, because the demand for dedicated apps is overwhelming. Bookmakers, casinos and poker rooms have their websites optimized for smartphones and tablets, but the best came up with their very own applications. They allow players to sign up for real money accounts, login and make deposits, but also play all the games available. The migration from desktop computers and laptops to mobile gadgets seems to be irreversible and casinos have no choice but to adapt. Their options are limited to crafting mobile apps that serve all gambling purposes, or specialized applications for different genres, such as sports, casino games and poker. User-friendly and easy to use, these apps act as convenient portals into the highly competitive industry of online gambling. They shed light on sensitive issues and help players make an educated decision. The Perks of Geo-Targeting in Mobile Gambling The main reason for why players have shifted from desktop computers to smartphones and tablets is that they want to gamble while staying on the move. Under these circumstances, geo-targeting is an essential feature of mobile apps, as it allows players to get the right/licensed casinos for their country/jurisdiction regardless of location. Players are literally no more than one click away from finding the best operators, while also learning a great deal about welcome bonuses. The Online Casino Reports app does exactly that and keeps players up to date with all the relevant facts in the online casino industry. Users can read reviews, find the recommended casinos and identify the best paying and easiest to redeem bonuses. The app helps them distinguish between general bonuses and those aimed at mobile gamblers, to maximize the return on investment with each deposit. Contrary to what the name might indicate, it is not limited to online casinos, but covers bingo, sports betting and poker games. The Online Casino Reports app is optimized for iPhone and iPad devices, for those using Apple gadgets.
The 2026 World Cup is shaping up to be the biggest in franchise history. The tournament will span three countries and feature 48 of the world's best teams going head-to-head across 104 matches. To match the excitement of the Football World Championships, bet365, the globally recognised online casino and sports betting provider, is launching an exciting new tournament to celebrate the event. Read on to learn how the promotion works, when it will be running, and how you can get in on football-fueled action for free this Summer. What Is the WC26 Tournament Challenge? Building on the success of their previous free-to-play prediction games, bet365 is inviting its customers to get into the spirit of the beautiful game by taking a shot at climbing the leaderboard to take home the win. The Tournament Challenge features five leaderboard competitions, each offering a $250,000 top prize, with additional prizes available across the leaderboard positions. These leaderboard events are: Matchday 1: Get your predictions in before the opening matches kick off. Matchday 2: Make your next pick and see how you're doing on the leaderboard. Matchday 3: Keep collecting points as the group stage action unfolds. Knockout Stage: Put your football knowledge to the test as the tournament progresses. Tournament Final: Find out where you are on the final leaderboard. Submitting your tournament prediction for each round is free of charge. While the event offers a generous top prize, it is not designed around a winner-take-all structure, as it also offers multiple prizes for supporting positions. How the Tournament Challenge Works What makes participating in WC26 entertaining is the combination of several features, which, combined, create an event that matches the energy of the World Cup itself. The Tournament Challenge includes five key features: Predictions: These allow players to forecast match outcomes. Matchday Progression: These unlock new stages as the tournament develops. Leaderboards: Punters can track performance throughout the competition. Your Leagues: The feature lets players create private groups with friends. Social Sharing: Invite your mates to join by using a custom league code. The promotional challenge follows the flow of the football tournament itself, with separate leaderboards running throughout the competition. Match Days 1, 2 and 3 each have their own leaderboard, while the Round of 32 also operates as a standalone stage. From the Round of 16 onwards, the focus shifts to the overall standings before the final leaderboard is settled at the conclusion of the tournament. This combination of entertaining features allows players to follow the action throughout WC26 while comparing their predictions and leaderboard positions with friends and other football-loving punters. Your Leagues Bring a Social Element One of the new additions to the lineup is the "Your Leagues" feature. Punters can now create private groups and invite friends using a unique league code. Rather than only tracking your score on the main leaderboard, players can check predictions and positions against people they know at any time. Whether you are competing with friends, family, or footie fans at work, the feature adds another layer of entertainment. As the tournament progresses, members can see how their free game picks stack up against one another, creating friendly rivalries that continue from the opening kick-off to the final tournament whistle. For league fans who already enjoy chatting about matches and making picks before kick-off, Your Leagues provides a simple way to keep building hype throughout WC26. The Perfect Summer of Football Fit In the same way that the spectacle of the World Cup keeps fans and players on the edge of their seats, so does the format of the bet365 Tournament Challenge. Football fans can look forward to: Frequent match schedules throughout the tournament. Ongoing engagement across multiple stages. Following football beyond individual bets. Comparing predictions with friends and other participants. More reasons to keep an eye on the action. With high-energy matches, leaderboard positions constantly changing, and new opportunities to climb the standings, Tournament Challenge gives football fans another reason to follow the action from start to finish. Interested in taking part? Learn more about the Tournament Challenge and other WC26 football promotions at bet365 Casino. Full Terms & Conditions: Gameplay For full details on gameplay, please refer to our Tournament Challenge rules. You are responsible for any tax obligations (reporting and / or tax settlement) that are applicable in your jurisdiction in relation to any deposits, stakes or entry fees or any winnings/prizes or losses as the case may be. Prize values displayed are exclusive of any tax deductions (where applicable). Using Bet Credits Bet Credits will be added to your balance once your predictions are confirmed as correct and once the result of the final fixture is known. Your Bet Credits are non-withdrawable. Any returns from Bet Credits stakes will be added to your Withdrawable Balance but Bet Credits stakes are not included in any returns. For example, a $20 bet placed at odds of 3.00 (2/1) would give a return of $60 ($40 winnings plus $20 stake), whereas a $20 Bet Credits stake placed at odds of 3.00 (2/1) would give a net return of $40, as the $20 Bet Credits stake is not returned. Stakes can be funded in part by your Bet Credits and part with your Withdrawable Balance; however the Bet Credits element of the stake will not be included in any returns. For example, a $20 bet placed at odds of 3.00 (2/1) which was funded by $10 Bet Credits and $10 cash would give a net return of $50 ($40 winnings plus $10 cash stake) as the $10 Bet Credits stake would not be returned. If a bet is void and has had an opportunity to win (for example, in the event of a push), Bet Credits stakes will not be returned. If a bet is void and has not had an opportunity to win (for example, when a Goalscorer bet is placed on a player who does not then take part in the match), Bet Credits stakes will be returned. Your Bet Credits will expire 7 days after they are added to your Bet Credits balance. If additional Bet Credits are added to your Bet Credits balance within this 7 day period, the total Bet Credits balance will expire 7 days after the last addition. General Tournament Challenge is available at the discretion of bet365 and bet365 makes no guarantees regarding its availability. bet365 will not be responsible if the Tournament Predictor feature is not available for technical reasons. Please note that bet365 is not responsible for any rewards or promotions offered in connection with the Tournament Challenge by any third party. bet365 reserves the right to accept or decline any Tournament Challenge entry. bet365 reserves the right to reclaim any prize-money or remove Bet Credits awarded for a Tournament Challenge entry if the outcome of a fixture within the relevant game was determined in error. bet365 reserves the right to amend, suspend or remove the Tournament Challenge feature (or any part of it) for any event, fixture or customer. bet365 reserves the right to remove the Tournament Challenge feature for any customer or group of customers where it has reasonable grounds to believe that the customer or groups of customers is misusing the feature.
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