Month: October 2022

Sustainability In Online Gambling

Online casinos are becoming increasingly popular. Playing online has a number of advantages. The question remains, though. Do the providers also act with sustainability in mind?

Whether a company acts sustainably on the market can be seen on the basis of various characteristics. more and more companies are devoting themselves to sustainability and are increasingly recognizing its importance.

This applies to all sectors and areas and is not only related to environmental awareness. Social aspects such as creating jobs and further training for employees are also important.

In the USA, the casinos in the gambler’s paradise of Las Vegas have repeatedly been the focus of attention in terms of sustainability because their energy consumption is often exorbitant. With advancing technology, this topic is also becoming increasingly important in the online world of casinos. This is how online casinos want to survive in the market, improve their reputation, gain the trust of customers and make their own contribution to society.

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Advantages of the online casino

The gambling market is growing with the increasing number of interested players online. The popularity of these games is increasing because the possibilities on the Internet are impressively diverse these days.

Thanks to new gaming experiences and attractive offers, more and more people want to apply for web football and online gambling. They want to enjoy this modern type of gaming. For example, you can play for real money in the online casino without making a deposit. According to the operators, with such possibilities, it is therefore possible to play on the Internet without any risk and to try out new games or casinos without any problems.

If you look at the environmental aspect, the online casino has some advantages. If players play at home, less energy is required to operate the casino houses. Air conditioning has a particularly negative effect on the environment. Lighting systems, slot machines etc. are superfluous in your own four walls. Here only the internet and the computer are powered by electricity.

Social and economic effects of online casinos

However, the environment is not the only factor to consider when it comes to sustainability. The social aspect is also very important. In order to engage socially, more and more online casinos rely on sophisticated security measures that guarantee player protection and thus ensure happy and healthy users.

Conscious player protection can not only achieve social sustainability, but also achieve business goals for long-term existence. Social sustainability also relates to good working conditions for employees.

Tips for Political Betting

But the first thing to discuss is where you bet. It’s essential to always gamble with reliable websites. Reputable means ethical, reliable, and secure. Certainly, there is a variety of betting sites.

Agendas and Bias in the Media

One of the most crucial pieces of political betting advice available. Always exercise caution while reading, watching, or hearing something in the media. Agendas abound. There is always spin. Americans’ opinions on their preferred news sources are divided along political lines.

Verifiable Information in Your Argument

In significant elections, you should base your political betting strategy on data instead of speculation. Adopt a comprehensive strategy rather than relying on Fox, CNN, or Facebook to predict the outcome of the upcoming US presidential election. Let the media do what it does. Study the hard data instead.

Choose the Best Markets for Political Props

Political wagers are all mere props. Your time isn’t worth it for some of them. These days, you can wager on just about anything in politics. A couple of the most contentious events were the Brexit referendum and Trump’s election to the presidency. Both events occurred in 2016 and are regarded as two of the biggest political gambling surprises in memory.

Betting: Don’t Give Emotion A Chance

Have you ever been really annoyed because just one guess was wrong or played a tip just to make up for the previous loss?

Again and again one or the other gets caught and bets are played with no real chance of winning. Particularly emotional people have a bad hand here.

Emotions are part of sport

Athletes, but also sports fans love passion and emotions. These are simply part of sports betting. Exactly these qualities are responsible for the special moments and extraordinary moments in sport.

A winning goal to win the title in stoppage time, a gripping race to catch up to win the Grand Slam or a historic touchdown throw to win the Super Bowl.

Simply, these magical moments are the ones that connect fans and athletes. In connection with sports betting, however, you should take these moments with a grain of salt.

The danger of emotional decisions in gambling in sports

In sports betting it is a danger and you must not let yourself be drawn into it. In the best case, you make a rational decision completely free of emotions.

If you are not in control of yourself, you should definitely stay away from sports betting. Study today’s football analysis (วิเคราะห์บอลวันนี้) and make a sensible decision.

Problems that cause emotions in sports betting

  • Statistics are analyzed incorrectly
  • Overestimates and underestimates are common
  • Important information and details are ignored
  • Sports bets are played in euphoria
  • Sports bets are played out of frustration to compensate for losses

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This is how you bet without emotions

If you want to earn money with sports betting in the long term, you should practice making unemotional decisions.

Tips for reducing emotions in sports betting

  • Don’t bet on your favorite team or favorite players.
  • If you have suffered a big loss, take a break before betting again.
  • Even if you win many times in a row, question your decisions critically.
  • Do not play live bets if you are inexperienced. Emotional decisions are inevitable.
  • Don’t be fooled by other people’s opinions.
  • If you are in a bad mood or depressive mood, don’t even bet.

Thus, if you want to be successful in gambling in sports then do not give emotions a chance.

Prime Ministers Discuss Legalizing Online Casinos

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So far, betting providers have been operating in an unregulated legal grey area. Through a state treaty, they now become legal – and have to limit their offers.

In 2020 at the Prime Ministers’ Conference, the heads of government of the federal states adopted a new state treaty on gambling. This means that gambling on the Internet such as online poker and online casinos will be permitted nationwide in the future. The German Press Agency learned this after the conference of country heads from participant circles. The state parliaments still have to ratify the state treaty, which is to enter into force on 1 July 2021.

Currently, online gambling is only allowed in Schleswig-Holstein. It is the only federal state that grants licenses for them. In the future, a new central gambling authority based in Saxony-Anhalt will be responsible for this. It is to be established at the entry into force of the State Treaty and to exercise the supervision of gambling on the Internet.

The new treaty was preceded by negotiations under the auspices of the North Rhine-Westphalian State Chancellery. The reason for the new regulation is the boom in previously unregulated gambling on the Internet, which has occurred in recent years. The State Treaty is therefore intended to steer the “natural gambling instinct” of the population into regulated channels as a “limited gambling offer that represents a suitable alternative to non-permitted gambling”. Furthermore, the Prime Ministers want to take action against gambling and betting addiction: In the case of legal gambling offers, the protection of minors and players is to be guaranteed.

Especially live bets are restricted

For example, players with self- or third-party locks must be recorded in a separate file. An individual deposit limit for players is also to be set, which is valid for all providers and may not exceed 1,000 euros per month. Furthermore, the contract restricts advertising for online gambling: No advertising for virtual slot games, online poker, and casino games may be played on the radio and on the Internet between 6 a.m. and 9 p.m.

The particularly heavily used sports betting offers are also restricted. In particular, this applies to live bets: They may then only place bets on the final result or the next goal or set or similar events that are part of a final result. This applies to sports in which only a small number of such events regularly occur, such as football, hockey or volleyball. Live bets on sports such as tennis or basketball, whose final results are often very high, may then no longer be offered.

 

ALSO READ: Gambling: Luck Is A Vital Factor

 

Providers welcome new regulations

The project of the prime ministers received both praise and criticism. Jürgen Häfner, Managing Director of Lotto Rheinland-Pfalz, welcomed the decision. It would push back the illegal market in the online sector. “On the basis of the new State Treaty on Gambling, we can further develop our product range, realize innovative ideas and look optimistically into the future.” Daniel Henzgen from the management of the gambling provider Löwen-Entertainment was also satisfied: Now legal providers paying their taxes in Germany could also participate in the growing market.

Georg Stecker, the spokesman of the board of the Association of the German Vending Machine Industry, urged the federal states to make use of their regulatory competencies. In the implementation of the Treaty, the chosen path of qualitative regulation must be pursued in order to ensure effective player and youth protection. However, he also pleaded for the relaxation of traditional gambling halls: Prescribed minimum distances between them are now “more absurd than ever” due to the legalization of online offers.

More critical was an alliance of different associations, which accuse the countries of drastic deficits in player protection. In a letter to the heads of government, it is said that economic interests and state revenues from gambling are understandable motives, but should not be at the expense of individual fates and the common good.

Addiction researcher Tobias Hayer from the University of Bremen also said that the market would liberalize through the measures, which would create more betting offers and also more providers. “As a consequence, this will lead to more incentives to play and more addiction risks.”

Criticism of advertising regulations and restrictions

He also criticized the new advertising guidelines as too lax: “I think it’s absolutely not a good idea for Bundesliga football clubs to walk around with the logo of a betting provider on their jersey or for betting providers to be among the main sponsors of a club.” From addiction prevention in other fields, it is known that prohibitions would work, as in the case of the advertising ban of alcohol on jerseys. “These empirical values should also be transferred to gambling.”