Cyprus is a small island nation in the Mediterranean. And although the population of this country does not exceed one and a half million people, the hotel, restaurant, and sports betting online business is rapidly developing here.
The current state of the gambling business
In Cyprus, in 2015, the Casino Law was adopted. It is this decree that regulates all the activities of gambling clubs and platforms. Land-based establishments are subject to the National Cash Rates Authority, which oversees and audits all operators, and to the Cyprus Casinos, Betting and Gaming Supervisory Commission (NGCSC). This organization is subject to the entire vertical of betting and gambling.
A separate law was also adopted on issuing licenses for gambling in Cyprus. Only a legal entity that has a license can open its business. Depending on the services provided, 2 types of licenses were allocated:
- Class A license – required for land-based establishments
- Class B license – suitable for online betting
Вets on Cyprus with BC Parimatch
Bookmaker Parimatch has been operating on the market for 21 years. In 1994, a chain of salons with slot machines and cash registers that accepted sports bets operated under this brand. In the early 2000s, the company entered the online space. Currently, it is one of the largest bookmakers in the world. From our Parimatch review, you will learn about the features of the company, its key advantages and disadvantages, current Parimatch promo codes and bonus offers. We remind you that the opportunity to bet on sports is available only to adults. In order to play on BC Parimatch, you need to register an account and top up your account.
Let’s start with the fact that BC Parimatch is an offshore company. It provides its services under a license issued in Curacao. If you play on such a site, you do so at your own discretion, there is no guarantor of security in the form of, for example, the state control service. The official Parimatch website is open to users from Cyprus, but Russians, for example, may have problems with it. Use the Parimatch mirror to bypass the lock.
Currently, BC Parimatch is one of the largest bookmakers on the CIS market. The official Parimatch website has an English version. At the bookmaker site, you can download sports betting software anywhere.
Types of bets and possible results
Rates can be ordinary, express or system. The first are done when you have confidence in one outcome of a sport’s or other event. If a bet is made for several cases, it is called an express, several expresses give a system. These types of bets are offered by self-respecting BC. However, any bookmaker is developing, offering new types of bets that are more attractive in terms of excitement. Asian Handicap is a relatively new type of betting. It is also necessary to find out what time-match, handicap, total are in the Better language. It is important to know the specifics of a particular sport.
Live bets or bets during the course of the event refer to a separate type of bets. The system of betting in a line does not work here, betting on the course has its own laws. First of all, they are more risky, adrenaline in the blood of any player increases. Online sports betting sites have a higher coefficient. That is why they are as attractive as possible for players.
How to dispose of the game bank
This is a very indispensable question, the size of the game bank is important. The question is very complicated, there are many articles on this topic. It is important to understand one thing: for each bet you must take no more than a percentage of the entire amount of the game account. If the rate is not too high, the percentage can be doubled.
Firstly, it is necessary to study several significant points, to pay the main attention to strategies. Only after that you can directly start betting. If there is no experience, then you should not think that you will win immediately, rather the opposite. It will be good if you stay with your own and do not lose your entire game account. If there is no development, then you will not be able to constantly be in the pluses, properly informed, which means armed. Thoroughly study information and analyze it.
Making a profit requires not only desire, but also time, as well as hard work. Forecasts are of great importance. You should study them, and thoroughly, and draw your own conclusions. It is important to understand the logic and structure of the analysis, thanks to which the forecast is made. You will still have to draw conclusions.
