Betting shop
A betting office is a branch of a company that offers bets for acceptance (as a betting provider ) and takes over the entire processing of the bet. Transactions between the player and the betting company are concluded in the betting office.
Betting agencies work with bookmakers ( bookies ) who are responsible for setting the odds. The term “bookie” is often used colloquially as a synonym for the betting office, although the responsibilities differ significantly.
Sports betting or bets on various events can be made in the betting office . The player wagers a selected amount of money on an event and receives a ticket for it. The winnings are determined by odds set by the bookmaker. The odds on all events that can be wagered are posted in the betting office in the form of an odds key or payout key (with percentage information) and also reflect the betting company's profit margin.
If the event occurs on which the player has bet, he can have the winnings paid out on presentation of the ticket. For the administrative work of a betting office, the bar can also perform an entertainment task by z. B. the premises are equipped with televisions and slot machines. The offer is often expanded to include a gastronomic palette.
In the modern age, the betting business is increasingly shifting to the Internet. There are now numerous websites that offer bets on all kinds of sporting events. The betting shop is available around the clock (although many betting offices are also open 24/7 ). While a betting shop is always local and looks after customers from the area, it is possible online to look after customers from all over the world, provided that the legal framework conditions are met. The fixed costs for maintaining the betting offices and staff can be reduced or eliminated entirely.
Nevertheless there are still established betting offices in the individual cities of Germany, but most of them offer horse betting, as the legal situation for betting offers on other sports has not yet been fully clarified. The establishment also serves as an entertainment venue. In contrast to Germany, for example, you can find a lot of betting offices in Austria with a wide range of betting and entertainment.
Legal
In this form of gambling , betting offices are the common term, but legally the situation is different. In the framework of the State Treaty on Gambling , a regulation was made for Germany and the number of betting agencies was severely limited. Rules for distances to one another and to public facilities for children and young people were also made. Opening below this distance (200 m) is not possible or is only possible to a limited extent. The generic term betting agencies is divided into betting offices and betting shops. Betting offices are larger and have a quality of stay. For example, with chairs, WiFi, cigarette machines and screens for following the sporting events. Betting offices are smaller and only serve to place bets. A stay is not planned. In terms of planning law, betting offices represent a place of entertainment, betting shops are treated in a manner comparable to normal shops.
Web links
Individual evidence
- ↑ Sports betting - Lexicon
- ↑ Law on the implementation of the State Treaty on Gaming (Implementation Act NRW State Gaming Contract - AG GlüStV NRW) , as of September 14, 2018
- ↑ Gaming Ordinance of the State of North Rhine-Westphalia (GlücksspielVO NRW - GlüSpVO NRW) , as of September 14, 2018