From July 1, 2021, a lot will change for sports betting fans (at least for fans in Germany). The new gambling contract that then came into force means that all online gambling is legal. Even if this is good news at first, it is by no means all flat sunshine.
Bill to legalize sports betting filed for the 2021 legislative session
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Every day we are inundated with advertisements for betting providers. Whether on TV or during a visit to the stadium – which was still possible before Corona: “Tipico” and Co. are omnipresent. And when ex-soccer goalkeeper Oliver Kahn speaks the phrase “your bets in safe hands” into the camera, then probably very few will contradict him. In fact, that may be the case, but many “gamblers” do not know that by submitting their tickets they are moving online in a relatively unlawful area. “Tipico” and many other providers are also based in Malta, from where they can operate undisturbed. This would not be possible in Germany, as games of chance are only allowed in Schleswig-Holstein. So the topic is a matter of the country. Anyone who lives in other federal states and participates in sports betting is in a legal gray area – at least so far. From 2021 a new gambling contract will come into force, which should also wrap betting in a legal guise. In this context, the greatest attention is paid to player protection. A central player file is to be set up for control purposes.
Another crucial point anchored in this contract is the deposit options. From the summer of next year, players registered with betting providers should be able to “only” deposit up to 1,000 euros into their player accounts. This may sound like a hefty sum to a casual gambler, but many regular tipsters are used to very different amounts. Critics of the new gambling contract see in this circumstance the danger that one or the other will quickly pave their way towards the black market. The term “player protection” is therefore a double-edged sword. It is also to be feared that the legality could lead to the number of gambling addicts skyrocketing.
Sports betting online: That changes with the gambling contract
However, there are also good reasons why the scene has been in favor of uniform regulation for many years – and for sports betting to finally become legal (. Similar to regular casinos, better prevention can be carried out in this way and the market can be controlled. From a state perspective, one can look forward to high tax revenues, the advantages of the booming betting market have not escaped politics and business either. With regard to online sports betting, a lot will change for tipsters in the coming year. In terms of live betting, in particular, the previous offer will be severely reduced. Here it should only be possible to bet on the final result, the next goal (e.g. in football) or the next set (in tennis). Some sports – especially these,
Of course, there will still be long-term bets. For example, anyone who bet on Arminia Bielefeld to rise before the 2019/20 season should have jumped in the air in the past few days. The rise of VfB Stuttgart, on the other hand, was already foreseeable. Similar bets can therefore still be placed from 2021. It is important that users deal responsibly with the market before registering – regardless of the new gambling contract. For example, you can find out more about sports betting online on a new comparison portal and receive important tips that you should keep in mind when betting.