South Korea is one of the few countries that successfully kept the market as a 안전놀이터 (safe playground) despite the increasing load and attacks from hackers. But, there are other sides of the country too. Allegedly Korea is one of the very few countries that constrict the betting opportunity inside the country. Most countries had a negative thought regarding betting in the early nineties, but things changed with time.
Though Korea took a long time to understand the market opportunity and still has many restrictions, the industry is booming like no other currently. So, let us know some critical points about Korea’s betting experience and how to make the most from the market inside the safe zone.
Every independent country has the right to choose the rules and regulations according to their Constitution to keep their citizens safe. Korea is very popular in the West for its rigid laws and strict rules, but mainly these rules establish order and peace among the general citizens. And regular betting is a punishable offense under section twenty-three of the three hundred and eighty-seventh law of the Korean Constitution.
Punishment for the offense
If the law enforcement team can catch you betting regularly in the illegal casinos without any permit, then they have the power to charge you in about twenty million won or send you to jail for three years. In some cases, it can extend up to five years too. But, if you are not chronic better, then the rules are a little compromising, and you need to pay up to five million won in cash as a fine.
Online poker games
Though physical casino and casino games like poker, roulette, card games, and such were not legal in Korea, the history of sports betting is ancient. Horse betting, boating gambling, and such games are legal and trendy ways to socialize among the younger and older generations. But, online poker games changed the scenario forever.
There are no legit and clear restrictions against online poker games, and you do not have to worry about legal actions while betting online. But, it is better to find trusted and legit online casinos to ensure the safety of your investment.
Physical casino options
If you do not want to play online currently, then there is an option for you. Most Korean citizens apply this trick to earn money and gamble outside of Korea. You can bet in any country that allows foreigners to bet with a visiting visa. For example, Macau and Thailand are the biggest customers of Korean betters. If you go to these countries to visit, you can play in physical casinos without restrictions like a native Citizen.
Online casino safety tips
Online casinos became the new sensation of Korea soon after launching, as these casinos do not have to follow strict rules or provide data about their users. Also, you can access websites outside of Korea too. But, too much of everything ruins the market. When the casinos started offering more fabulous deals than the others to grab the market, a group of scammers came Into the scene to snatch your money.
Here it would be best if you were very careful to avoid a scam and save your hard-earned money to win more through gambling.
Never pay a coach for winning.
It is the golden rule of poker in online betting. It is a perfect way to take coaching or personal training to improve your game if you are inexperienced. But, if a coach promises you a hundred percent win rate, you should understand that it is a scam and stay out of it. Betting is never a sure-shot game, and that makes it more enjoyable. If someone knows how to break every deal, the game has some backdoor, or the trainer is fake.
Either way, it is a red flag, and you should not spend your time or money on it.
Korea has no legal restrictions on online betting, but the betting websites still need a legitimate registration and annual upgrade with taxes to operate in Korea. If your casino is not abiding by the rule, it is another red flag, and the Korean government can sue the casino and shut it down anytime without any notice. You will lose all your money in that case, and to prevent it from happening, you need to be sure about the legal status of your poker casino.
Safe down payment
Most of the legal casinos have to pay an amount as a mortgage under the gaming ministry of the country. It is To return it to the members if the casino goes out of function. You can query about the down payment from your casino’s customer service center. If the customer care base is reluctant to provide the details, you should get the hint and never return to the site.
Let us get to know some very uncommon poker tips to let you win the top games you play.
The first rule of poker is to be selective with your hands. The ideal deal is to get the six or nine-person’s table to get the most benefit. Fifteen to twenty percent of hands will give you the maximum chances to win a game.
If you want to win in poker, you have to be one step ahead of your opposition teams. So, if you are the first person to enter into the pot, raise the bets by three times at least to make it difficult for the other betters to cross the chance. It is undoubtedly a risky game, but risk makes poker the best form worldwide.
Know the rankings
If you want to do good, you must know the poker hand rankings well to understand how the game will progress. You can also play against soft or weaker players for a few days to boost up your confidence. It is not morally unethical, but an excellent lesson to The weaker players too.