ShakeBet Is it Legit?

ShakeBet: Is it legit?

ShakeBet is one of a handful of betting sites run by Atlantis Interactive SRL, and it's registered in Costa Rica. Speaking of Costa Rica, it more or less lets casino owners register, but the bummer is that there's no real licensing system with strong oversight or regulations in place. This basically means that any betting site registered there might not follow any rules set by the authorities, especially those with strong regulations or player safety measures.

In a lot of places, online betting sites pretty much need to have a license from a recognized regulatory body in their area to legally provide any kind of service to customers. Right now, ShakeBet is showing up as licensed, which is a green flag, but you have to keep this type of betting permit's intricacies in mind before diving in.

Playing at offshore casinos like this one comes with some risks, like less player protection and potential pesky issues if something goes wrong. Still, this platform discloses its address and registration info, which is another reassuring sign. You can have a good time on a site like this one, but just make sure to be smart about it and only take risks that you’re comfortable with, even if things don’t turn out as planned.

The Short Answer: Is ShakeBet Legit?

Calling ShakeBet ‘legit’ is a stretch – it’s registered in Costa Rica, but there are no blatant red flags tied to it either, at least at the time of our review. Casinos like ShakeBet aren’t exactly the most reliable, but they’re definitely better than totally unlicensed places that don’t share any info at all. If you play it smart, you can still have a good time here.

Why Do We Think That?

• Moderately known operator: Atlantis Interactive SRL is the company behind ShakeBet. It might not be a name that pops up for everyone, but they’ve got some cool projects you might have come across. This operator is somewhat known, which is definitely better than being totally unknown.
• Offshore licensing: The site shares its registration details, but it doesn’t say anything about having licensing stronger than that issued in Costa Rica. As you might guess, this is a slight downside for any bettor looking for some solid guarantee from the platform they pick. This situation doesn’t necessarily mean something bad, but it’s really up to you to figure out your own comfort level and how much risk you’re willing to take on.
• Costa Rica Permit: A Costa Rica license and company registration are a thing, but honestly, it seems to benefit the casino more than the players. This offshore spot that betting sites use for a bit of credibility has pretty relaxed rules, so it's good to remember that when you're figuring out what to expect from the platform.
• Well-written Terms and Conditions: One cool thing about ShakeBet is how clear and well-written the Terms and Conditions are. If you’ve got any questions, you can check out the site’s T&Cs for all the details. Not everything works in the bettor's favor, but this will give you a heads-up on what you're getting into before you start putting down larger amounts.