Sports betting is one of the most popular forms of entertainment for most bettors and sports fans like you and us. It has become more popular after online betting made it easy to place bets with just a few clicks at your fingertips, thanks to technological advancements over the years.
No matter how small or big you win as you put your lucky stars on the scoresheet as you bet, it’s just one of those one-of-a-kind moments! Now, you may wonder if you should be supporting local brands or opt for international ones like Betway Naija.
Well, here are some things to consider:
International vs. Local
While both types are excellent and reliable, some people find international brands more attractive because they have a wider network and offer better odds.
Some other people prefer the local ones because they think they will not get cheated. To get to the bottom of this, let’s break it down, shall we?
Resources for ensuring safety, security, and fair betting odds
A brand’s reputation is everything. As a player, you want to ensure that your money is safe and that the games are fair.
In many countries, online gambling is unregulated, and there are no rules to protect bettors. This makes it crucial to bet with trusted brands, whether international or local.
The safety and security of your betting are undoubtedly crucial considerations. An international brand has the resources to ensure they offer secure betting and fair odds, while local brands are less likely to be licensed or audited by independent parties.
When it comes to security and safety, it’s usually best to go with an international brand to guarantee that they will offer secure betting. You also want to make sure that a reputable gaming commission licenses the site you’re using so you know that the site is being monitored and audited regularly.
Incentives for player protection
A major advantage to betting with an international brand is that you can be sure they have a large incentive to protect players.
They are likely to be licensed in the UK, Australia, or the Isle of Man. These licenses come with strict regulations on handling your money, and you can rest easy knowing that your money is safe.
Some local brands may be licensed by the government where they are based, but they’re more likely to be legally licensed in places like Curacao and Costa Rica. While these licenses have some value, there aren’t as many protections for players.
For example, if you deposit $1,000 at a site and then decide not to play there anymore, it may take months before you get your money back. Or maybe they will never return your money in full.
Some brands may have limited resources available to protect themselves from fraud. If someone hacks into the sportsbook’s system and steals customer credit card information, it could bankrupt them.
A large company such as Betway Naija will have security measures to prevent this from happening, and even if it does happen, it won’t put them out of business.
Reputation and trust
In a world where nothing is certain, you would think that international brands would be safer for betting. However, there is no guarantee that your money is safe with any organization. Even the big banks have been known to go bust, so how can you know that your money is safe?
The answer is to look at the company’s background and find out if they have any previous history of bad debts. A long-established, global brand is also known for its good reputation for customer service, so you don’t have to worry about them disappearing overnight.
However, there are some smaller brands that are using new technology to grow their business and attract new customers. But keep in mind that this means that they may not offer the same level of support as bigger companies do.
The safer bet: Go for the international
It’s a fact; there is no safer way to bet than to go for an International brand; so long as it is a credible one as well.
For a start, at least you know that the company has been around for a while and that it’s not going anywhere anytime soon. Secondly, betting sites run by international brands are far more prevalent, thus making it easier to find one suitable for you.
Now, that doesn’t mean all local brands are not trustworthy or credible because we’re pretty sure there are plenty! It’s all a matter of due diligence and a keen eye. But if it were up to us, we’d stick to an international Brand like Betway Naija.
