Beware of Unregulated Gambling Sites Urges Michigan Board
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Executive Director of the Michigan Gaming Control Board, Henry Williams, has urged local bettors to avoid unregulated sites. The man in charge of state gaming regulations has warned that unregulated sites offer no guarantees of safety or security. Therefore, if you do decide to play, you should only use licensed Michigan online casinos.
“If you share personal information with an unregulated gambling site, there are no guarantees your information won’t be sold to or used by criminals,” Williams said.
He added that the Federal Trade Commission received 1.3 million complaints related to identity theft in 2020, and 24,000 originated from Michigan. Williams’ point is well made and it highlights one of the main reasons to avoid unregulated gambling sites you can access from your state.
However, as he himself would acknowledge, identity theft isn’t the only danger you face when you use illegal casinos or bookies. With this in mind, here’s why you should avoid unregulated sites and only use licensed betting operators:
Security and Payments
Licensed online sites are required, by law, to provide secure software for desktop and mobile devices. That means SSL encryption will be on hand to protect your personal and financial details. You’ll also be asked to create an encrypted password for your account.
In addition to secure software, regulated betting sites offer safe payment options. Reputable options such as Visa gambling payments, MasterCard and PayPal payments only work with licensed casinos. As such, unregulated betting sites are forced to use non-mainstream processors. Therefore, the only way to keep your bankroll safe is to use locally licensed sites.
Fairness and Payouts
There are no set standards with regards to payout rates for a casino game or betting odds. Licensed operators are competing for your attention, which is why they strive to offer the best payout rates possible. However, what you might find is that unlicensed betting operators advertise better than average payouts and odds.
This is obviously appealing. However, even though the potential returns might look generous, there’s no guarantee you’ll receive your winnings. These operators are under no legal obligation to honor payouts. Basically, the company might be selling you a false promise. Licensed casinos can’t do that. The laws state that they have to guarantee all prizes and payouts.
Accessibility and Stability
Unlicensed casinos don’t have partnerships with leading software developers such as NetEnt, IGT et al. They tend to cut corners and put together basic apps that are riddled with errors and faults. This creates a poor user experience. Regulated apps have to pass quality control checks before they’re authorized.
What’s more, the likes of BetMGM casino Michigan and DraftKings work with established software providers like SBTech. These partnerships ensure you get a secure, stable, easily accessible experience for desktop and mobile devices. When you combine this with all the other qualities regulated sites have, there’s no reason to risk your bankroll by using unlicensed casinos.
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