Do you wish that you had the opportunity to win more when playing at an online casino? Are you currently playing at a casino with a Swedish license and finding that you simply aren’t able to bet and win as much as you had hoped? Gambling can be a fun pastime, but the restrictions that are enforced on casinos with Swedish licenses can make them a less-than-stellar play experience.
Why Casinos with Swedish Licenses Might Not Be as Lucrative
Not all casinos are the same, and this is often because of the licenses they hold. In Sweden, gaming companies that want to become licensed must abide by the laws of Sweden when it comes to gambling, and this can reduce the potential to make more with your winnings. The country has restrictions on bonuses, deposit amounts, and much more that can reduce not only the winnings but also the fun of playing. Below, we will be discussing some of the ways that casinos without a Swedish license can provide more potential winnings.
No Deposit Limits
Sweden sets limits to the amount of money you can deposit to a casino when you are gambling. The goal of the deposit limit is to help prevent people from spending too much at the casino, but many feel that it is too strict, and it is telling people what they can and can’t do with their money. The limit was imposed due to COVID, limiting the deposit amount to 5,000 SEK per month. It was initially supposed to last for a few months, but the government has been extending it and want to keep it in place until at least November 2021.
This restriction on deposits means that people can deposit less and gamble with less money, which means the earning potential is lower than what it could be. For this reason, many people have opted to choose unlicensed casinos. They want to have more control over what they do with their money and how they spend it.
Faster Slots
Although this may not be a major concern for everyone, it has frustrated many Swedish slot players. Recent changes to the laws in Sweden now require that there be a three-second pause that occurs between each pull of the slot machine. This slows down the play substantially even though it is only a three-second pause. The purpose of this implementation was to help people stop and think about how much they are spending before each pull.
Although it might be helpful to some who have problems with gambling, it serves more as an annoyance to other players. Because it slows down the number of spins that you will be taking during play, it could also run the risk of reducing your potential winnings.
Bonuses
Bonuses are another area where Sweden restricts players and casinos with licenses in the country. Bonuses are a good way for players to quickly earn a bit more and to have more fun while playing. They might have bonus money added to their account or bonus spins, for example. People love bonuses, and they are often one of the main deciding factors when someone chooses a casino.
However, Sweden now only allows welcome bonuses. You can’t earn more bonuses through play… at all. Bonuses were one of the ways that people could win a bit more through online gambling and now it’s gone. However, you can look at casinos without Swedish licenses to continue earning bonuses.
Loyalty Programs
Along the same lines as the bonuses are loyalty programs. These programs are popular with many casinos outside of Sweden. They can provide you with some freebies, extra spins, money, etc. just for being loyal to the casino and playing there. It’s a good way to win a bit more when you are playing. However, if you are only choosing casinos that have a license in Sweden, you will be out of luck again.
Your Taxes
If you are paying taxes on your winnings, then you aren’t profiting quite as much as you thought. When you are playing at casinos with Swedish licenses, you will have to pay taxes. The same is true when you are playing at certain casinos that don’t have Swedish licenses. Therefore, you will want to make sure that you are choosing a casino where your winnings are not taxable. Casinos with a Malta license are ideal for this. However, keep in mind that they do not offer Swedish currency and they are not available in the Swedish language.
More Gaming Options
In addition to being able to get more winnings from your time gambling, you will find that the foreign casinos without a Swedish license will also have more gaming options. You can find a wealth of different types of games, lotteries, sports betting, and more through those casinos. This gives you more variety, which is sure to be appreciated alongside the potential of winning more money.
What Are the Risks?
As great as it can be to gamble at casinos without a Swedish license. There are some potential drawbacks, too. There is not always as much protection for the players through those sites, so you want to be sure that it’s regulated by a quality gaming authority, such as the Malta Gaming Authority. Still, if you run into trouble, you will not be able to raise a complaint with the Swedish authorities.
Choosing a Quality Casino
It is important that you are playing at a good casino if you want to have a great time and a good overall gaming experience. Take the time to learn more about the casino you are considering. You will want to know where they are licensed, what their rules are, how the deposits and withdrawals work, the bonus amounts, etc. Be sure to check the reputation of the casino before you decide to play there. A little caution goes a long way.
As you can see, when you choose a casino utan Svensk licens, you will have some excellent benefits not just in the number of available choices, but also potential winnings.