19 June 2024
At legal betting site Golden Palace Sports, we follow the regulations closely. This means that we are in direct contact with the Belgian Gaming Commission and that every possible measure is taken to guarantee the player's safety and enjoyment of the game and to avoid a gambling addiction. We aim to present as complete a quality offering as possible, which is not always the case with other online betting sites.
In Belgium, sports betting is regulated by the Belgian Gaming Commission, ensuring a safe and fair gaming environment for all. One of the main regulations concerns the legal betting age, which is set at 21. This restriction aims to protect young adults from the potential dangers of excessive gambling and to promote a culture of responsible gambling from an early age.
Transparency and integrity are essential elements of any responsible sports betting platform. Operators must provide clear and detailed information on the rules of the game, odds, payouts and terms and conditions. In addition, they must guarantee the integrity of sporting events by preventing any attempt to manipulate or rig results. Punters must be able to have confidence in the fairness and honesty of the bets they place, which builds confidence in the sports betting industry as a whole.
Betting on sports responsibly is crucial to preventing the negative consequences of excessive and pathological gambling. It is important to recognise that sports betting should be seen as entertainment and not as a guaranteed source of income. Set limits on the amount of time and money you spend gambling, and stick to them strictly. Learn to recognise the warning signs of problem gambling behaviour, such as compulsive gambling, social isolation and financial problems, and seek help if necessary.
Excessive gambling can have serious consequences on the lives of individuals and their loved ones. In addition to financial problems, compulsive gambling can lead to strained relationships, mental health problems, reduced performance at work or school, and even a loss of control over one's life. It is therefore essential to be aware of the risks associated with excessive gambling and to take preventive measures to avoid falling into this trap.
To help punters control their gambling behavior, we offer self-exclusion and limitation tools at Golden Palace. These tools allow players to voluntarily restrict access to their gaming account, set deposit, and wagering limits, or even exclude themselves temporarily or permanently from the gaming platform. These measures can be an effective way of preventing excessive gambling, and regaining control of one's gambling activities.
Problem gamblers often adversely affect family members, among others, and not infrequently bet more than they can afford to lose. At Golden Palace, we share the social responsibility of minimising this risk.
From time to time, you may feel the need to take a step back and stop playing for a while. We understand this and are ready to help. On your profile page, you can choose to take a break from gambling.
To activate this procedure, you'll find the “Take a break!” option on the third “Responsible gaming” tab. Simply select the period you wish to take a break from gambling and click on the “Take a break!” button, and you will no longer be able to bet or play. You won't be able to cancel this pause period, but you will automatically be able to bet again afterwards.
Sometimes, you may feel the need to step back and calm down for a while. We understand this, and we're here to help. On your profile page, you can choose to exclude yourself completely from gambling.
Simply click on the “Excluding myself” button and you won't be able to play on Goldenpalace.be for 6 months. During this period, you will not be able to cancel this exclusion. Once this 6-month period is over, you will need to manually authorize yourself to play again.
As an operator acting in full compliance with Belgian law, we are of course under the supervision of the Belgian Gaming Commission, the government agency responsible for preventing abuses such as illegal operators.
If you cannot find a satisfactory alternative, you can choose to apply to the Gambling Commission for a total ban on online gambling. For more information on the EPIS list, you can visit the Commission's website: Homepage | Gaming Commission.
In accordance with current government regulations, we impose a deposit limit of €200 per week. However, you can increase or decrease your limit in your player profile. All you have to do is use the input field provided on the "Responsible Gaming" tab.
We strongly advise you to take your personal financial situation into account when changing your deposit limit. Please bear in mind that sports betting and gambling are all about entertainment. We hope you understand that your deposit limit and your entertainment are inextricably linked.
Golden Palace takes responsible gambling very seriously. Online gambling should always be fun. Players who find themselves unable to stop gambling, betting or sticking to a budget may have an gambling addiction. If this applies to you, we recommend that you seek help.
The Belgian Gaming Commission, which works with all licensed gambling operators (including gambling site Golden Palace) and is responsible for protecting players, can offer you help. If you find yourself in this situation, you can ask to be banned from gambling. All you have to do is fill in a simple form. This request, which has immediate effect, is the only way to put a stop to this type of risky behaviour, which could lead to losing large amounts of money.
Do you need a sympathetic ear or a helping hand? Would you like to know more about gambling, and in particular the early symptoms of addiction, or how to deal with compulsive gamblers and how to help them?
Would you like to know more about the laws on gambling? Then you've come to the right place at joueurs-aide-en-ligne.be (French) or gokhulp.be (Dutch). Or you can seek help from Gamblers Anonymous.
In conclusion, betting on sport responsibly is a shared responsibility between punters, sports betting operators and the regulatory authorities. By complying with the regulations in force, playing responsibly, recognising the risks associated with excessive gambling and using the tools available to control their gambling behaviour, punters can enjoy a safe, healthy and enjoyable gambling experience.
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