The risks and benefits of betting on non-GRAI bookmaker

A woman weighing up the pros and cons

Betting on a match shows how much confidence you have in your analytical skills. That said, to maximise their betting winnings, some tipsters, for one reason or another, choose to bet on foreign sports betting sites. Is this sports betting option without risk? What are the advantages of betting on a non-GRAI sports betting site? These are the real questions to ask yourself before taking the plunge.

The risks and benefits of betting on a non-GRAI bookmaker

Like any other initiative, choosing to bet on a non-GRAI betting platform can have consequences. What's special here is that this form of sports betting offers significant advantages. It is then up to the punter to assess the risks in order to make a conclusive decision. But first, it would be interesting to know more about the best off-RAI bookmakers in 2024.

The risks

There are 3 main risks in betting on a non-GRAI betting platform. On the one hand, there is the likelihood of coming across an unreliable provider. Secondly, the tipster may also be taken in by the bookmaker's welcome bonus system. Finally, in addition to these first two aspects, there is the level of reputation of the foreign betting site.

Getting ripped off by an ill-intentioned betting provider

It is important to pay attention to certain details about the foreign sports betting site you choose. When a professional chooses to offer his sports betting services, he must be able to fulfil certain obligations, otherwise he will be considered an illegal operator.

It is vitally important to check the name of the gaming regulatory authority to which your supplier belongs. You should also be able to check their licence number on their platform. Finally, there is another trick you can use to check that a betting site is reliable. This involves checking for the presence of the logo of a gaming regulation authority. If you do not see the name or logo of a gaming authority or an approval number, it is advisable to refrain from playing on the non-GRAI site concerned.

Falling into the trap of certain platforms' welcome bonuses

A shocked man

Very often, and even generally, tipsters are rewarded with a welcome bonus a few moments after signing up. Even if this type of offer allows you to make a quick return on your initial investment, you need to be very careful when dealing with a bookmaker that does not offer a GRAI.

The reality is that when a punter accepts a welcome bonus from a foreign betting provider, all the terms and conditions associated with that bonus must be met. Unfortunately, the clauses linked to the welcome bonus can become difficult, if not almost impossible, to carry out. With some providers, you are even required to wager the bonus amount a certain number of times during the month in order to validate it and withdraw your winnings.

Have your sports betting account suspended

In the world of sports betting, trust does not exclude control, especially when it comes to foreign bookmakers. Far from implying that all offshore betting platforms are of dubious morality, you should first check the reputation of your new betting provider. You can read the comments on its webpage or consult guides and reviews for as much information as possible. The more you neglect this aspect, the greater your chances of being ripped off.

It should also be noted that you yourself may be responsible for the suspension of your betting account. Some punters use illegal methods to make predictions on foreign sports betting platforms, which can lead to complications when it comes to withdrawing their winnings. For example, by using a VPN to disguise their real address, bettors expose themselves to difficulties later on, because the address used at the time of registration may be different from that of their payment method.

The benefits

Contrary to the risks that may be associated with betting on a foreign platform, the advantages are quite favourable and numerous. First of all, there is the high value of sports betting odds. Predictors also now have access to an even more diversified market. Finally, there's the possibility of betting within your means.

High odds every time

On foreign sports betting sites, tipsters can make even more profit than with a traditional or local bookmaker. This is mainly because, for the same prediction, it is possible to find significant odds with the non-GRAI provider. It has to be said that offshore bookmakers tend to increase the odds for the tipster, don't they? However, this assertion is completely erroneous insofar as it is because foreign bookmakers are not subject to GRAI regulations that this discrepancy exists between the odds offered by the two sides.

Access a wide range of sports matches

Sport can be divided into a number of disciplines and various games competitions. While football has established itself as the 'king of sports', other sports such as basketball, tennis, golf and even electrical sports are gaining in visibility. The good news is that it's possible to bet on each of these disciplines. On the other hand, the best thing about sports betting on a non-GRAI site is that you can bet even on small leagues and on several betting options. Finally, some providers even offer tipsters the chance to follow matches live on their platforms.

Place bets that match your abilities

With traditional sports betting platforms, you can bet up to a certain limit. In other words, there is a limit to how much you can bet. This can very quickly put you at a disadvantage in your betting programme, as betting a large amount of money on small odds is much more profitable with a good prediction than the opposite case. This barrier, which has traditionally been fixed, is fortunately lifted by foreign sports betting providers. With them, you can bet as much as you like.

How can I take advantage of non-GRAI bets?

Fortunately, there are alternatives to avoid all the risks associated with betting on foreign sites. The first solution is to turn to foreign bookmakers that accept Irish tipsters and who are serious. The best example of this is certainly betting provider 22bet, which is not only reliable but also has an outstanding offer.

Another solution is to subscribe to the services of a sports betting broker. This is a professional who will place your bets and make predictions for you on an Asian betting site. And they do this while respecting the betting instructions you give them. To register with a professional sports betting broker, all you have to do is fill in your personal details and your electronic wallet.

Conclusion

If there is one thing that is generally accepted in the Irish sports betting world, it is that the GRAI is still finding it difficult to support tipsters properly. Given this state of affairs, it would be much wiser to register with a foreign sports betting site. At least you'll have the chance to win a lot more money with a few good predictions.