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In general, yes, new betting sites with valid UKGC licenses are safe, legal, and secure, but, some new bookies still find ways to make it difficult for players, or break rules and receive fines from the UKGC. Despite these changes pressure for a new gambling act continued to mount with many suggesting the UK Gambling Commission was no longer fit or funded sufficiently to regulate, what is now, an industry worth close to £15 billion with most of that revenue now generated online. When the UKGC came into being betting was still heavily weighted to the high street and perhaps they did not envisage quite how big and fast remote betting and gaming would grow. Other sports promotions include a $25 risk-free bet, $100 overtime insurance, and reduced NHL juice. Spread betting is classed as a form of trading and so was never part of the remit of the 2005 gambling act, instead it is regulated by the Financial Conduct Agency. Spread betting is seen as one of the most dangerous forms of gambling because it does not use fixed odds, instead you take a 'positions' on an outcome (e.g. Underdog began strictly as an NFL platform, but it has expanded to include NBA, MLB, and NHL.
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