In this no account betting guide, we have detailed what no account betting is and, notably, how it differs from traditional sports betting.
Let's face it; nothing sucks like the lengthy registration process that requires bettors to submit a lot of personal data and fill long forms. The ultimate solution for this problem is called no account betting with Trustly. All punters who don't want to deal with all these KYC bureaucracies, might want to have a closer look at no account betting sites.
What is a No Account Betting Site?
As the name suggests, a no account betting site, also known as a no registration betting site, is a bookmaker that doesn't require players to have an account to get in the game. No registration betting is different from traditional sports betting now that players don't have to register an account or go through the hectic registration process.
How No Account Betting Works
So, how exactly does a no account betting site work? No registration betting sites are powered by Trustly's Pay n Play model. In this business model, Trustly facilitates easy, fast, and secure banking on no account betting sites. Bettors play on such sites as guests.
They get to enjoy all betting services just like players who have accounts. Now, while players don't need to enter their details to get in the action, Trustly shares the player's bank details with the operator in the background. This is for know your customer (KYC) purposes.
For the record, no account betting sites use your bank's information and IP address to verify your identity.
At the moment, no account betting sites are supported by Trustly. But maybe, in the future, if this model will be successful, other eWallets and online payment solutions will follow suit.
About Trustly
For starters, Trustly is an online money transfer service established in 2008. The Swedish fintech company is synonymous with online gambling. Unlike most money transfer services that tend to shun gambling transactions, Trustly is a gambling-friendly open banking payment method that facilitates deposits and withdrawals on most gambling sites.
Advantages and Disadvantage of No Account Betting Sites
No account betting sites have several advantages as well as disadvantages, as discussed below. When it comes to the advantages, the first is that players can get into the game without any hassles associated with registration and account verification. The betting site requires no documents or personal details.
Second, it's also fast and easy to get in the game - instant bets. Players can start betting immediately after they deposit money to a Trustly betting site. Trustly guarantees fast and secure deposits and withdrawals. Finally, no ID online betting sites can also help self-exclude players to get back in the game.
Just like the two sides of a coin, no account betting sites also have shortcomings. The only problem with these sites is that they lack a strict verification process, so that they may pose some serious security risks. Also, compulsive gamblers who want to bypass self-exclusion rules will still get in the game.
How to Find the Best No Account Betting Sites
There are hundreds of no account betting sites. Some are genuine, while others are not worth your time. So, how do you find the best no registration betting site?
The first thing to check is the licensing and regulation. Play on betting sites licensed and regulated by renowned governing bodies, such as the UK Gambling Commission (UKGC) and Malta Gaming Authority (MGA).
The next consideration is the gambling options, markets, and odds. The best betting site should have a wide range of sports to bet on, from traditional sports including NHL and NBA to virtual sports and even eSports. Also, the markets for each game should be vast. Lastly, play on sites with the highest odds.
Another thing is promotions. There are plenty of bonuses to be on the lookout for. These include welcome bonuses, reload bonuses, free bets, cashback, and so on.
Wrapping Up
There you have it, folks, a no account betting guide for beginners. Indeed, no verification betting sites are great for bettors who want to bet without the treacherous registration and verification processes. While only Trustly facilitates no account betting today, chances are high other online payment providers will follow suit.
Check out Chat Sports on YouTube for NFL, NBA & college football news & rumors!
Back to the Sports Tech Newsfeed