I agree with this. However, the advantages of operating legal are very limited. Try to open a bank account telling the bank you're involved in gambling. That's difficult, also in countries where it's legal, like Malta. It's usually also a moment where programs look how to screw their affiliates. Like in Sweden Expekt did and some others seem to be trying. And once everybody has their market share, the 2nd round of screwing affiliates will start.