The Gambling And Betting Sector Will Continue To Grow In 2020

Revenues from companies operating in the gambling and betting sector will continue to grow in 2020 to the level of 12 billion lei, after advancing by 15% in 2019 compared to the threshold of 9 billion lei registered in 2018.

The growth is all the more spectacular as its speed continues to accelerate. Thus, compared to the previous year, in 2018 the registered revenues increased by over 11.4%, with a percentage point higher than the increase in 2017 and by 0.3 percentage points more than the one registered in 2015. The highest increase in the percentage remains in 2016 when revenues increased by over 17% compared to the previous year. In absolute values, the year 2018 brought revenues by approximately 1 million lei higher compared to 2017, according to Termene.ro.

“As the value of a domain increases, the percentage with which it does so begins to decrease to the point where it stagnates or even becomes negative. The fact that the growth speed of the profile industry remains high is an indication that in Romania the field of gambling and betting has not yet reached its maximum potential “, said Adrian Dragomir, founder of the Termene.ro platform.

More spectacular than the increase in revenue generated by these companies is the advance of the profits they make. If in 2013, the total profits generated at the national level were approximately 166 million lei, in 2018 they increased more than 5 times, exceeding the value of 838 million lei. A direct effect of the growth of the main financial indicators of a company (turnover and profit) is the advance of profitability. Thus, if in 2013, a company in this field earns 3 lei for every 100 lei collected, in 2016 the amount doubled reaching 6 lei (an increase of 3 lei) and in 2018 it increased to 9 lei (another increase of 3 lei).

Although the profits increase spectacularly, over half of their amount (approximately 500 million lei) was generated by companies controlled by investment funds based outside Romania. Thus, although the field generates a high profit, more than half of it is directed outside Romania’s borders.

Unlike previous financial parameters that have improved significantly, the same cannot be said about the speed of debt repayment. This indicator calculates the average number of days a company in this industry pays its debts (regardless of their nature). If in 2017 this indicator decreased, reaching an average time of 78 days, in 2018 it returned to the trend of recent years – the growth reaching a record time of about 97 days.

Sign Of Entrepreneurial Maturation

When a company becomes more profitable it is a sign of entrepreneurial maturation but this is not visible in the case of payment behavior which (at the level of activity) has a constant trend of deterioration. Whether it is financial institutions, suppliers, or customers (winners), they have to wait longer and longer until they collect their receivables, which generates a domino effect at a macro-economic level “, shows the Termene.ro analysis.

The share of companies in the field that present a high risk of entering insolvency is in a constant decrease, but it is still maintained at a high level like the idn poker in Indonesia. If in 2013, 40 companies out of 100 had this risk, the continuous decreasing trend meant that in 2018 there were on average 35 companies out of 100 that had this risk.

The fact that in the context of the constant increase of the speed of payment of debts, the share of companies at risk of entering insolvency is in continuous decrease, brings back again the concept of payment behavior. Thus, without generalizing, there are premises to believe that at least some of the companies in the field have the financial possibility to speed up the payment of debts but for various reasons they do not do this. In this regard, RedBill is the tool that can support companies in assessing this risk and acting accordingly. Through RedBill, the Office of Uncollected Invoices, you can report customers who have not paid their bills on time and who help you recover money for uncollected invoices.

 

Most Played Gambling Games And Activities

The number of individuals registering in online gambling sites like slot online is continuously increasing as many now opt to gamble from home rather than visiting a physical casino. Moreover, many find online gambling sites such as slot online more relaxing than an actual casino since they constantly feel the pressure of playing a bit faster as there are other players who impatiently wait for turn to play. With online gambling, such pressure is zero to less as you could relatively play in peace, at your own pace, and without other players eyeing you to hurry.

Most-played Gambling Games

Many users of online gambling sites like slot online say that online gambling is much more exciting than an actual casino as they offer a gamut of betting games to choose from and offer more and various bonuses, rewards and promotions. Furthermore, pay outs of online gambling sites are typically greater than actual casinos.

So, what exciting gambling games and activities are mostly played today that many online casinos offer?

SPORTS BETTING

Sports betting is a type of gambling activity wherein punters put wagers on the result of a sporting event such as the hockey, basketball, baseball, horse racing, and other major sporting events. The odds of winning at sports betting are unknown but could be estimated. Hence, it is imperative that punters understand how sports betting works and knowledge of the sport (including player/team stats, performance, and everything else) to make a good analysis and estimation to make well-informed wagering decision. The sports betting sector generates 50% of the global gambling revenue as per H2 Gambling Capital.  

CASINO GAMES

The global gambling revenue generated by casino games makes up about 26% as per a study conducted by H2 Gambling Capital. Casinos, both online and offline, offer a variety of games such as the slots, roulette, card tables, dice games, and more wherein most casino games are handled by a dealer. But many play the slot online as it has more exciting variety, are regularly updated, and have more bonuses.

POKER

Poker is said to be one of the oldest card games and probably the most debated on. These days, there are discussions on whether the game is a kind of gambling or sport, as several countries legalize and regulate poker as gambling whereas others as a type of sport. Poker revenue accounts for 6% of the gambling revenue worldwide. Excellent poker skills and strategies are imperative to win and be successful at making a living at of playing poker.

BINGO

Bingo generates 4% of the global gambling revenue. It is a game that is regarded as a type of lottery originating in Europe in the 16th century. Bingo is very much a game of chance as numbers are randomly drawn and players mark-off the corresponding numbers on their bingo cards. The first player who are lucky to mark-off all the randomly drawn numbers form their card is the winner.

 

Betting Pro, Joachim Marnitz Advice For Beginners

Joachim Marnitz is a betting professional and betting strategy expert. He studied sociology for a diploma. The focus was on empirical social research and thus on statistics. And that is exactly the basis for professional sports betting for him. You can’t compare this to the beer bet on the weekend.

The betting pro analyzes numerous data sets, the odds movements for both teams in the past, and the special conditions of the game. For example, whether certain players are blocked or injured. The decisive factor is the ambition to see the matter as a mathematical challenge. It’s like successful poker players. Luck and bad luck only play an important role in the meantime. Ability decides in the long run.

As a professional betting strategist, he spends a lot of time developing models which he works on all year round. He also concerns himself with obtaining data as efficiently as possible and analyzing daily bets and, if necessary, placing them.

Basis of Betting Decisions

Simply put, on a number of variables that are particularly relevant and the betting odds. The art of betting is to put the two in a reasonable relationship. In other words, you need to be able to turn your variables into probabilities and be closer to the truth with this assessment than the market is.

Nobody will reveal all of their secrets, but in football the frequency and quality of goal chances are of importance and their execution. An example of almost meaningless statistics in football is possession of the ball. Interestingly enough, such insignificant statistics can also be valuable when betting: namely, if they are overrated by the public, as this drives prices in a certain direction.

Professional Bettors and Bookmakers

Professionals bet with bookmakers who do not block or limit individual players. These are depressingly few, in football, they are primarily SBO, IBC, Pinnacle, and Singbet. In Indonesia, http://216.83.47.125/ is the by far the largest and the most trusted football gaming site. There are also betting exchanges such as Matchbook or Betdaq, and in Asia, there is also Foobet. For professionals, betting agents like Samvo Betbroker are also essential in order to be able to place really high sums in one go.

Typical Beginner Mistakes

Beginners bet on winners, professionals bet on (too high) prices. Beginners tend to make the mistake of viewing bets as a yes / no matter, rather than seeing betting odds as what they are: probabilities. Betting is about estimating these probabilities more accurately than the market, but few are aware of that. Another typical beginner’s mistake: betting too much of the betting capital per bet. Beginners mostly greatly underestimate the possible random fluctuations. Personally, I would not recommend anyone to bet more than two percent per bet. For this reason, it is ideal to take part in the betting expert betting competition: You risk no money, but you can still win some, and most importantly: You can test your skills under real conditions. Because you always learn the most in practice.

Advice for Beginners

Bring a lot of patience and test every idea in peace on paper or only with very small stakes. If you don’t know a mathematical advantage on your side, you shouldn’t bet. The best recommendation is: delve into betting theory because that’s the key to successful sports betting. Having a clue about the sport in question is far less important than you think.

Where should You Focus before Opening Your Own Online Casino?

For budding entrepreneurs, online gambling is no doubt among the most desired and lucrative industries to be explored. This is whether you have broad experience and knowledge in the field or not. In an effort to open your own online casino such as 918kiss, that can benefit you and at the same time bring pleasure and loads of fun to customers, it is imperative to follow the right steps to pull it up from scratch.

So what are these things that you have to be mindful about? Read on to know what you should be doing and avoid failure.

Legal Issues

One thing that you have to know about online gambling is the fact that it’s subject to licensing. With this being said, it is vital to consider securing a license and selecting the jurisdiction to which you will launch your online casino.

As a matter of fact, there are couple of main venues where it could be done and these are:

  1. Offshore countries and;
  2. European Union countries

Of course, each venue has their benefits and drawbacks from reputation, time, budget etc. Normally, it’ll take few months to even a year before you can secure a gaming license.

Once you have selected your jurisdiction, the next thing you have to do is register a legal entity. This task will involve identifying the gaming company, opening bank account and then, making agreements with the payment system providers that’ll make financial and legal infrastructure complete.

Software

The moment that all legal issues have been simultaneously or separately investigated, it’s the time to pick professional online casino software provider. While you are scouring the market, it is smart to review the quality and price balance. Besides having sets of popular games and attractive designs, quality product should be incorporated as well as dependable gaming platform.

All of which has to follow effective management and must have vital components form CMS, player management system, game management system, promotions and bonus management system, payment system management interface, reporting engine, cashier system, affiliate management system, anti-fraud system, support of various roles for admin and the likes.

At the same time, there ought to be constant game and software updates, technical and hosting support should be part of the entire package. Professional and leading suppliers will be taking the responsibility for delivering full technical support after the product operation has been launched and introduced to the public.