Boom Bet Is it Legit?
Boom Bet: Is it legit?
If you are familiar with Luckywayz Limited B.V. from their affiliations with other top casinos or sports betting sites, you may recognize their style at Boom Bet and perhaps feel quite at home here, which is a good start. With a start as good as that, the fact that their Curacao permission is pending is surprising to us, but we can't overlook it.
Curacao is now the safest alternative for offshore casinos, especially those that allow cryptocurrencies, so the permit in question isn't worrying and even quite the opposite. There is an unprecedented level of improvement for this regulatory body as of late, which is commendable. However, if you prefer to stay out of trouble, you should remember that until the license is a fact, it's best to be realistic about your own risk tolerance and act accordingly.
The Short Answer: Is Boom Bet Legit?
Based on their pending licensing status, Boom Bet appears to be on the verge of becoming legitimate at any moment. All things considered, the site is kind of ‘here nor there' for now, though.
Why Do We Think That?
- Experienced operator: As soon as you step foot on the site, you can see that Luckywayz B.V., the project's operator, has put a lot of thought into the venture; there's more than just a flimsy concept behind it. This helps set the tone for a trustworthy experience for sure.
- Licensing is still pending: One problem is that the license status isn't entirely finalized. Curacao has not yet issued the official authorization, despite the fact that the facility is associated with a well-known operator.
- Curacao license: Boom Bet will have a Curacao license soon, it's almost 100% certain. This is the most up-to-date and trustworthy gaming license that a crypto-oriented site can get right now. It's not quite as foolproof as an MGA license still, but it's getting there.
- Elaborate Terms and Conditions: If you have any questions or concerns, you can always check the terms and conditions, which are rather detailed on the site. They are well-written and detailed, so there are no gaps or unclear parts.