If we are to adhere to one of the most popular wagering trends in Sweden, it also means that more people than ever before are selecting casinos that do not have a Swedish license. This is the case in Stockholm. Since the Swedish gambling licenses went into action, this pattern has been getting increasingly common. As a reminder, the best casinos in Sweden, you will find on the site https://svenskacasinon.net/.
Let's take a more in-depth look at what has led to this situation as well as the actions that the Swedish government could have taken to combat the growing tendency.
How does internet gaming with a Swedish authorization work?
To comprehend why the popular trend of participating at casinos without a Swedish license has emerged, we must first understand how the Swedish gaming market functions. This is not unique to Stockholm, but the same laws apply throughout the nation.
A BankID is needed to play at any casino in Sweden that has a legitimate gambling license. After that, the enrollment procedure will be much more efficient and fast. You will then be able to take advantage of a welcome bonus, which can be coupled with your original payment.
After that point, there will be no other options available, so this will be the only incentive you can receive. Because there is a three-second limit, you won't be able to perform at your own speed when you participate in the game. This indicates that you are required to wait three seconds in between each turn of the slot machine's wheels.
Furthermore, the appeal of the Swedish gaming industry has diminished, so some game makers have decided to give the same games with a reduced chance of winning to Swedish players. The fact that Spelpaus provides excellent security and that all profits are tax-free is a plus.
Why do more people play outside the Swedish gambling market?
Firstly, everyone who wants to play in the Swedish gambling market must have a BankID. According to Google, 81% of the adult population in Sweden does not use BankID. According to a statistical survey by Novus, 34% of the Swedish population states that they gamble once a week.
In essence, this implies that nearly 650,000 Swedes are excluded from the Swedish gaming market due to an absence of BankID. Those who want to participate must now look for sites that do not have a Swedish authorization. The other option is to obtain a BankID.
Of course, this will not be the only reason Swedish players look at when making their choice. Other reasons why more Stockholmers and other Swedes choose to play without a license are as follows:
If they go to the proper wagering website, they have the opportunity to receive unrestricted incentives and deals.
On slot machines, they are not required to wait the standard three seconds in between rounds.
On gambling games, the possibility of a decreased RTP, or chance of winning, is extremely remote.
Unlimited amounts of prizes and deals
In this situation, you will need to decide whether you would prefer tax-free earnings or limitless incentives. At online wagering sites that have been granted an EU license, it is no longer feasible to receive limitless incentives. As a result, if you want to take advantage of a large number of benefits, you must play at casinos regulated in nations other than the EU.
This means that you will be obliged to pay tax on all your winnings over SEK 100. But one of the reasons is of course that the possibility of more bonuses is available for everyone who prefers it.
No waiting between games
On Swedish gambling sites, you have to wait three seconds between games on slot games and other slot machines. Here it also becomes somewhat incomprehensible to the player, which also creates another reason to choose casinos without a Swedish license.
There you can play as usual, and still choose instant play or to play with automatic spins. A choice and a freedom that many players want at their casino.
Can play with the same chance of winning
One of the worst things a player can experience is being treated unfairly. Imagine the situation. Your chat buddy in Italy, or another EU country, and you are playing the same casino game. Your friend gets an RTP of 96.50%. That, while you only get 94%.
If you are Swedish, then it indicates that you do not have as good of a chance of getting simply because of your nationality. This, of course, is conditional on your decision to compete using a Swedish license.Do you travel out into the wide globe to participate in casinos that do not have a Swedish license? If that's the case, you and your Italian friend have equal odds of prevailing when you fight.
The capital shows the way for Swedish players
If we consider that Stockholm has 1 million of Sweden's total population. That's roughly 10%. This would mean that about 65,000 of all those who are currently outside the Swedish gambling market are Stockholmers.
Given that Gothenburg and Malmö are only around half or less than that, Stockholm will be the benchmark as in so many other cases. So what is it like? Is it really a good choice to follow the trend? Yes, we always leave that to the individual player as an individual decision.
How the government could have stopped the trend
Since Swedes spend around SEK 4 billion on unlicensed gambling sites every year, this must be a sign that something has gone wrong. In fact, that figure accounts for between 12% and 15% of the total Swedish online gambling turnover.