Bosnia and Herzegovina is located in Southeastern Europe and is a country where gambling has proved to be surprisingly popular. With no laws prohibiting online gambling, and with the government handing out a range of gambling licenses, the country has, for the most part, embraced online gambling and other forms of betting. Compared to many of the Baltic countries, gambling is popular in Bosnia and the relaxed laws mean that players there can enjoy a wide variety of different gambling options. Sports betting, poker, the lottery and casinos are all legalized forms of gambling that are available both online and in-person and Bosnians have embraced each one of them in their own way.
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While not many countries will have Bosnia and Herzegovina as their main market, there is still a range of reputable and enjoyable online casinos that are available in the region. Many popular international casinos are available to play in the country, and we have found many of them here at GoodLuckMate. When we are looking for great online casinos to play for real money in Bosnia, we take into account the following questions so that we can be sure we are only recommending you the best.
Being able to identify which online casinos are safe to use and are good to play at can be a very difficult task. Thankfully, we here at GoodLuckMate have done all of the hard work for you. We have spent hours researching a plethora of online casinos. We have gone through their games selection, their bonuses, and much more with a fine toothcomb. You can access all of our reviews for the best online casinos in Bosnia and Herzegovina elsewhere on the site.
The Republicka Uprava Za Igre Na Srecu is the sector of the Bosnian Ministry of finance that regulates gambling laws in the country. These issue gambling licenses to both brick and mortar and online casinos and also regulate the taxes that are applied to gambling there.
Players will find that there is a selection of online casinos that are regulated by the Republicka Uprava Za Igre Na Srecu in the country. The government has made attempts in the past to regulate international casinos in Bosnia but this was changed quickly. Many players in the country prefer to play at international casinos due to the taxes applied to Bosnian ones.
International casinos that operate in the country are going to be licensed. This means that players in Bosnia are likely to be playing at sites regulated by bodies like the Malta Gaming Authority or have the Curacao eGaming license. This ensures that players in the country are safe when they are gambling online.
Sports betting is also very popular here and the Republicka Uprava Za Igre Na Srecu have handed out licenses to over 700 different betting shops since 2011. There are also some online sportsbook options, though, as with casinos, players are welcome to look for international options where they are likely to receive lower tax rates.
There are several Bosnian based online casinos that target the Bosnian population exclusively. These casinos are not too popular in the country for various reasons and as such, most residents tend to turn their attention to more popular international sites. Many of these sites will allow players from the country to play there, however, it is rare that Bosnian is a language that is available on a site.
In terms of bonuses, most online casinos will allow players from the country to claim bonuses and join loyalty programs, though, it is always a good idea to check in the terms & conditions beforehand.
The local currency used in Bosnia and Herzegovina is the Bosnian Mark. Unfortunately, there are very few casinos that accept this currency. Most international casinos tend to offer the euro though, which is perhaps the next best option. An alternative for players based in the country would be to play with cryptocurrencies. There are no regulations in the country regarding cryptocurrencies and they are becoming an increasingly popular way for players to gamble online. Many of the casinos that are going to be operating here will allow players to deposit this way.
While there are an array of online casinos that are based in Bosnia, many local players choose to not play at these. One of the reasons for this is a 10% tax on winnings above €50. As such, many Bosnian players choose to play at international sites instead. There is still some backlash over international casinos in the country, with the Ministry of Finance attempting to block transactions into them back in 2015. This was quickly repealed, but many locals now tend to use e-wallets and other banking methods to fund their accounts.
There are two land-based casinos in the country, one in Sarajevo, and in Banja Luka. These two casinos both offer an array of different gambling options for their players. There is also a range of lottery operators who offer lottery and bingo games, though, these are not particularly popular in the country.
With such a big selection of gambling options available to residents, it can be tricky to know which online casinos to choose and to know which ones are safe to play at. One way you can find out is by checking out the GoodLuckMate list of top casinos.
A gambling license is intended to protect players, and one of its main functions is to provide a mechanism for resolving disputes when they come up. If you have a dispute with a casino, and the casino is being unreasonable, the gambling authority will help you. For many licenses, this means you can contact the gambling authority to get help processing your withdrawals, claiming money the casino has debited from your account, or resolving other disputes that might arise. The likelihood that the gambling authority will help you in ways that are effective, however, depends on the procedures they have in place for this. This is yet another reason why choosing to play at a casino that has a safe license is important.
Getting help directly from the gambling authority is not always necessary, or even an option. A lot of regulators have now enforced third-party dispute resolution. This means casinos must have an agreement with an arbitrator who will look into disputes on the behalf of players from a particular casino. This ensures your dispute will be reviewed by an objective third party. All trusted online casinos have information about arbitration on their websites if they use this option, or they’ll have the contact information for the gambling authority you should consult. However, you should always try to resolve your issues with the casino first, and a lot of casinos have separate email addresses specifically for handling complaints.
If you’re worried about the security of the transactions you’re making at a casino, you should look for a logo with the acronym PCI DSS. This stands for Payment Card Industry Data Security Standard, and this is something the payment industry has created. If you see this logo, it means the casino can be trusted for safe money transactions since they follow all of the rules set by the payment industry. Information about this can also be found in an FAQ section on the casino’s website.Another thing to look out for in terms of payments is where your money is kept while you play. Some gambling authorities, all of the best ones actually, regulate what the casino can do with your money while they are holding it. Your money shouldn’t go into a general bank account held by the casino; it should go into an account that is strictly for holding player funds. This means that as long as you have the money in your player account, it can’t be spent by the casino. Your deposit will be kept separate from the operating funds of the casino until your player account is empty, which will happen if you make a funds withdrawal or if you lose the money while playing.
The best known system tool for ensuring that a casino offers fair games is eCogra; however, there are other providers that also offer these kinds of systems. You want to make sure that the casino is using a certified third-party control system to ensure that the games of chance you’re playing are actually based on chance and not on other types of metrics. Rigged games are ones that have been set up to pay out less than they claim to or ones that give some players a greater chance of winning than others.
The eCogra logo can often be found in the footer of the casino’s website, but not all casinos choose to display it. If you can’t see this logo, go to the FAQs and see if you can find information about random number generators. If there are no FAQs on the site, check out their terms and conditions or contact the casino’s support and ask how they ensure their games are safe.
Most trustworthy casinos have information about site security in the website footer, so simply scroll down and look for the logo of a well-known security system.
The gambling license a casino operates under will have a big impact on your security. Not all licenses are equally safe for players for the simple reason that they are issued by different gambling authorities that work in different ways and have different rules. The rules and regulations may be quite similar, but the way they are enforced is a different story entirely. For example, if a casino doesn’t comply with the regulations, some gambling authorities may just issue a fine while others may revoke the casino’s license outright. How often gambling authorities show up for an unscheduled inspection or control will also vary.
The biggest differences between a safe, high quality gambling license and one that isn’t as good will usually show up in the areas of fair gaming, dispute resolution and the rules and systems for identifying and handling problem gamblers (responsible gambling). If your country of residence has its own gambling authority, playing at casinos that are licensed by them will be the safest option for you. Other international licenses that can be trusted are issued by the Malta Gambling Authority and the Gibraltar Regulatory Authority. Curacao eGaming is getting better at protecting players whereas licenses from Panama and Costa Rica, for instance, are considered less safe. The worst option is obviously a casino with no license whatsoever.