Sports betting in Germany & Austria – legal differences

Sport with all its disciplines and competitions is a gigantic industry in today’s world, which makes huge sums every year. The economic power is based not only on the organizations and people involved but also on outsourced economic engines such as sports betting. In Germany and Austria, betting on various sporting events is very popular, so that the respective governments have to create legal frameworks over time. The implementation looks different in both countries.

Legal chaos in Germany

Since the introduction of the State Treaty on Gambling, the law has been on a rollercoaster ride in this area, because despite attempts to reform the federal government has never been able to establish a comprehensive and satisfactory legal situation. In order to cope with the whole situation, the government’s original idea envisaged an unrestricted gaming monopoly by the state sports betting provider Oddset. However, as a member state of the European Union, Germany is bound by EU law, which has recognized a violation of the freedom to compete and provide services in the national regulations. This allows private betting providers to act freely on the German market. Overall, the legal situation of sports betting in the Federal Republic is in a gray area.

On March 21, 2019, the Prime Ministers approved the third gaming amendment contract, which is due to enter into force in 2021. To date, an interim solution has been in place that grants approval to all sports betting providers who legally comply with the regulations for the protection of players and young people.

Not all the details of the change in the law are known yet, but the first information indicates that private betting providers and players in Germany will have to adjust to drastic changes from 2021. The greatest appeal within the change in the law probably has a new limit of 1,000 euros per month. Compliance with the limit is to be guaranteed by a separate authority that oversees all bets by the state. The betting providers should be obliged to pass on the data and bets of their customers.

In addition, live betting (Judi online) is to be restricted. It is planned to abolish the so-called Over / Under heading, which refers to the number of goals in soccer games. Last but not least, there would be a draft that would allow logging into just one betting shop. This is intended to protect players who bet with several providers at the same time.

The legal situation in Austria

In contrast to the German view, sports betting in Austria is not declared as gambling, so that the legal situation in the Alpine state takes a completely different path. Sports betting is much more in the area of ​​skill games and is judged differently accordingly. The basis for the assessment is the fact that games of chance are defined by the aspect of chance. Sports betting, however, is not based solely on the element of chance but can be significantly influenced by the players. Influence is already exerted through the individual decision on which team or which athlete to bet on. In addition, background knowledge can maximize the chance of a profit.

Due to the social and legal classification, private betting providers face significantly less resistance in Austria than in Germany. In the course of the reforms, the Federal Republic opened the market for bookmakers and betting providers, but these are only in a legal gray area due to EU law. In the beginning, there was even a state monopoly on gaming. In Austria, on the other hand, there is freedom of competition so that private providers can act as legal companies in the Alpine state. As is typical of the industry, the practice of the business model is linked to licenses, but otherwise, no bets are placed on sports betting.

Smart Bet Placements when Playing in Casinos

Among the many reasons why casino businesses are profitable is due to the fact that they are notorious from separating people from their money. They are using several strategies that are both subtle and practice. This does not indicate that you cannot have fun playing in the casino but, it allows your money management plan a lot more important than ever.

How Casinos Trick You from Spending more of Your Money?

As mentioned, casinos apply various strategies to earn from the people who are playing their games and some of these include but not limited to:

  • Offering drinks for free – the reason why casinos are offering free drinks to their guests is that, drunk players make poorer decisions and less inhibited.
  • Exchange money for chips – there is a big difference actually in betting actual money and putting chips for a bet. Probably, you know that it is the same thing but when it comes to psychology, not really.
  • No clocks or windows – due to the reason that there are no clocks or windows in the casino, it is fairly easy to lose your sense of time. And the main measure of how much cash the casino is making from each guest is the amount of time they’ve spent in the casino’s floor.

Of course, things would be different if you are playing in online casinos such as Mega888.

Money Management when Playing in Casinos

In an effort to ensure that you are making the correct decisions in every step of the way when playing inside casino floor, it’ll be wise to consider the following:

Realize that it is your Money You are Playing

The initial step is understanding that real money is what at stake – that it is your money. In addition to that, every bet made in the casino puts you in a mathematical disadvantage.

 There are players who are using gambling systems which involve raising the amount of bets after winning a game or two. This one basically falls on the player’s personal preference.

Betting on Casino Games

Actually, there are several ways that you could bet on casino games and it is based on how much you gamble.

There are many ways that you can bet in a casino and just among those is flat betting. This is when you are making the same bets every single time. If your goal is to lose as little amount of money as possible, then this is your best option. But be aware as well that your potential earnings can be little too.

Online Casino Could Be A Better Alternative For Many Players

There are some things that distinguish an online casino like bocoran Hongkong from a real one. But what is the better alternative and what are the main differences? It is not uncommon for the preferences of players to decide which casino they ultimately choose. Because the games are often very similar and whether the Book of Ra is played in the online casino or at a machine doesn’t really make a difference. We clarify.

Online casino

A lot of people’s lives take place online today. No matter if it is about online casinos, shopping or to get information. Hardly anyone has to leave their house today to get the everyday things in life. As a result, online casinos are becoming increasingly popular. This leads to problems in real casinos because the turnover is simply lost. So why should a player leave the house when he can play the same game online?

The online casino is always available

A major advantage of online casinos is certainly that it can be used anywhere. The only requirement is that internet access is available. This way you can play anywhere and no one is limited to the home PC anymore. Because online casinos can also be used easily from a smartphone or tablet. The software providers have adjusted to the trend and offer numerous games that can also be played on the go. Almost every major casino can also be visited with a smartphone and a few clicks are enough to get you started. The main advantage is certainly that the players in the online casino can often benefit from a great bonus. For example, there is a casino 25 Euro with no deposit bonus online.

Play anywhere

In an online casino, you can also play around the clock and is completely independent of location. It doesn’t matter where you end up. Whether on the way to work, during lunch break, or in the evening on the sofa. If you want to visit a real casino, you first have to get in the car and drive there. Certain dress code is also always required there. At home, the player can sit in flip-flops in front of the PC and do not have to worry about the fit of the tie.

The mood is missing in the online casino

But what many players particularly like in a real casino is the atmosphere that prevails there. How boring can it get when you sit hours in front of the PC and play alone on the slot or try it at the roulette table. Interaction with other guests or dealers is often missing here. It is also interesting to simply watch other players at the gaming tables. The atmosphere is very special.

A live casino can help here, which is also often offered. The player is still sitting at home but can communicate with the dealers and feel the atmosphere that also prevails in a real casino. Because in some online casinos it is also possible to talk to other players, even if this can only be done using the keyboard. The chat function is becoming increasingly popular.

This could change again with the introduction of virtual reality. With VR glasses, the player is able to immerse himself in a real casino world.