The risks and benefits of playing at an online casino without a Danish license
Although it is illegal in Denmark to advertise an online casino without a Danish license, Danish people are allowed to play there. However, there are many pitfalls to be aware of before taking the plunge, and this can often mean that a casino bonus that looks fantastic is not so good at all when you read the fine print. Since January 1, 2020, Denmark has had a number of rules about bonuses, which, among other things, means lower gaming requirements and more transparent rules - meaning that a smaller bonus in Denmark often gives a much better chance of winning than a larger bonus from an overseas casino.
However, there may be situations where you are considering a casino without a Danish license: you may already have an account with all Danish casinos and therefore be looking for new welcome bonuses. Or you might be tempted by bonus percentages of 200, 300 or 400%, which are no longer available in Denmark.
We definitely recommend that you choose a casino with a Danish license, but if you want to go on an international casino adventure, here are some things you should know about.
The benefits of a Danish licensed casino
When you're considering a casino without a Danish license, you should first be aware of the benefits of casino gambling that the Danish gambling law gives you, which you don't get in a casino without a Danish license:
The wagering requirement for bonuses at Danish casinos should not exceed 10 times the amount of the deposit and bonus. Casinos without a Danish license can set the wagering requirement at their discretion, and it's usually a 30-60x bonus. If you play a slot machine with 97% RTP, it means that in a Danish casino you will have an average of DKK 40 from the DKK 100 bonus when the wagering requirements are met, but you in a casino with a 40x bonus gaming requirements will have a deficit of DKK 20.
There should be no wagering requirements for winnings from free spins. If you are lucky enough to win a jackpot of 5000 DKK, you can withdraw immediately, whereas in a foreign casino you can very easily lose everything again before you wager your winnings 35 times. Your deposit is protected against bankruptcy. Danish-licensed casinos have to place all player deposits in a "no deposit bank account". That means that the money can ONLY be used to pay players - even if the casino goes bankrupt.
If you lose, you help fund Danish schools and hospitals. 20% of everything you lose is taxed by the casino to the Danish state after your winnings are paid out. For you, on the other hand, your winnings are completely tax-free. If you play in a casino without a Danish license, all your losses go to the casino owner.
Casinos with a Danish license must implement a number of procedures to prevent gambling addiction. If you go outside of these casinos, there is a greater risk that you will end up losing more than you can afford or have other gambling problems.
Checklist for online casinos without a Danish license
Is it a reliable casino? There are many serious casinos that choose not to be licensed in Denmark, but if you make the wrong choice, there's no guarantee you'll see your winnings. If in doubt, find a casino on Casinomeister or a similar site.
What are the requirements for the bonus? It's not uncommon for bonuses to be wagered 30, 40 or 60 times, which increases the likelihood of losing your entire balance before you can withdraw your winnings.
Which games have higher wagering requirements? Typically the wagering requirements need to be 5-50 times higher if you play table games, i.e. sometimes more than 1000 times the bonus. Many casinos also have higher pass requirements on many slot machines.
What violations of the rules lead to the cancellation of winnings? You can cancel both the bonus and winnings if you break certain rules. You often have to go through long lists of rules to find out which ones.
Do I have to pay tax on winnings? If the casino is licensed outside the EU, winnings are taxed in Denmark.
Does the casino accept Danes? Some foreign casinos exclude Danes, usually if they are applying for a Danish license or if they are targeting other markets.
Does the customer service work? This is related to the first point. It might be a good idea to contact customer support before making a deposit because if you find that customer support is not working only after you haven't received your winnings, it will be too late.
What payment methods does the casino offer? If the casino doesn't offer a payout to your credit card, you run the risk of having to pay a fee and wait a long time to get your winnings.
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