It may surprise you to learn that not every single gambling and betting site you come across online or that provides a betting app is licensed or regulated, and there will be a whole host of problems you could experience if you make the mistake of betting at an unlicensed site.
However, as online and mobile betting has been around for a great number of years now, things are not as bad as they were in the early 1990’s when betting site first appeared online, and many countries of the world now have their own infrastructure in place to allow them to regulate betting sites.
As such if you do live in certain countries of the world you are going to find that betting site that are based in your home country of residence and tend to offer their services to players in your country too will hold a gambling license issued in that country.
By insisting that any betting site you do sign up to and bet at is licensed in your country of residence then you are going to be afforded with a great number of different assurances and protections and should never experience any problems at those sites that cannot and will not be addressed very quickly.
Minimum Age Requirements
Betting sites are legally obliged to ensure that they verify the identity and address of each of their customers and they are also legally obliged by law to ensure that their customers are old enough to gamble too and that is something they will check if you sign up to any type of online or mobile betting site.
If you are unable to verify your age, identity or your address then the betting site are quite within their rights to close or suspend your betting account until such a time you can provide them with the documents they require to verify your account.
Know Your Customer Requirements
Make no mistake about it, all gambling and betting site take the security of their sites and the security and safety of all of their customers very seriously and as such you will always be required to verify your account when signing up to any of them.
That should however be a very fast and hassle free thing to do, and thanks to the wonders of modern technology most betting and gambling sites can automatically and electronically verify your identity without you needing to send into them copies of any identification documents.