Correct me if I am wrong as no one is the most perfect being in this world, brokers are supposed to be for forex traders? Am I wrong or right? Because I believe that comparing gambling with brokers makes no sense.
So many people in this thread clearly have no idea who betting brokers are and are mixing them up with other kinds of brokers. Betting brokers provide punters access to popular sites which restrict their countries.
Examples include sites like Betfair, Pinnacle etc. They earn through commissions on winning and losing bets.
You've hit the nail on the head, and I appreciate your clarity. My oversight in not specifying the type of brokers has evidently caused some mix-up. Your elucidation about betting brokers and their operation is spot-on. I should have been more precise in my initial post to avoid this confusion. Betting brokers, providing access to popular sites, play a different role compared to financial brokers and the issues concerning them. Your insight is essential in keeping this discussion well-rounded and accurate. Thank you for bringing this to light.