July 12, 2024

There was a time when sports betting were illegal everywhere in the world. But today the idea of sports gambling almost seems quite pleasing as well as impossible to avoid. The top sports gambling companies work more like Facebook and Google than a Las Vegas casino, using big data to encourage more bets from users or simultaneously keeping down big winners.

Football is one of the major sports played across the world. Thus, ฝากถอนไม่มีขั้นต่ำ( No minimum deposit and withdrawal) betting is a multi-billion-dollar industry for gamblers. It creates doubt about the game being played unbiased. The costs may outweigh the game.

How it started?

The major betting companies we know today started as Daily Fantasy Companies or DFCs, where you have to create your own line-up, there is a salary cap, you enter into the tournaments paying an entry fee, and then you win a prize depending on how you perform under the rules of that contest. This fantasy football was in a ‘grey area’ and not considered gambling. It was considered more of a skill game. Later when more such companies originated this whole gambling business got legalized in some areas of the world.

Advertisement is the key

To make a share in this huge industry, false advertisements are not an uncommon practice for companies. These companies are even ready to pay hefty penalties for their actions as the reward is much bigger than what is at the stake. Companies also partner with the football leagues, which is hugely lucrative. It’s a way to put their brands in front of the viewers.

Addictive analysis

There are many reasons why people get addicted to these gambling practices, but some major of them are,

  • Taking risks releases adrenaline and when you win a bet dopamine is released which encourages you to take bigger risks to get bigger rewards.
  • Even when you lose you try to chase your losses and bet more of your money.
  • When people get hooked into the game they tend to bet even on the after-game things because of the constant fast feedback.
  • Companies come up with different attractive methods to seduce their users to keep betting, like live betting which make their user stick to the application constantly.

Responsible Gaming

Responsible gaming is something where not only the companies are gaining profits but everyone involved is. Most of the responsible gaming measures are not proactive but they’re typically reactive. These measures are taken when the damage has been done.