Bet365 Argues for Less Restrictive Sports Betting Market in Netherlands

avatar

Modified by Daniel Hardman on March 03, 2021 in Industry News

The online gambling industry is constantly changing and evolving but most important rapidly expanding.  

More and more countries are opening their virtual doors and embracing the online gambling market with open arms.  

The Netherlands have recently joined the ranks and are currently in the process of drafting their rules and regulations for the new Dutch gaming market. 

In a recent consultation session Bet365 told the Dutch government that less restrictions should be imposed if they want a thriving market. 

Restrictions, Bets and Consultations 

Recently the Dutch Government held a consultation where 17 industry stakeholders were invited to respond to their secondary regulations. These secondary regulations are the ones that will govern the Dutch E-gaming and sports betting market.  

In a response to the consultation paper Bet365 told the Dutch government that they should be imposing less restrictions on bets. Especially if they want their regulated market to thrive when it is launched in 2021.  

Bet365’s main argument was against the ban on betting on events that are “under the dominant influence of one participant” and have “no overriding influence on the course or outcome of the contest.” Their concern is that this could prevent players from taking bets on a player winning or losing the next set or game in Tennis. This in return could drive those players to placing bets at illegal online casinos that allow them to place such bets.  

In their argument Bet365 stated that after analysing the betting patterns on their site for the 2019 men’s final at Wimbledon, it shows that a high percentage of players placed in-play bets on the individual game or set markets. This shows that there is a strong desire among players for this type of betting market and banning it could jeopardize impact the licensed market.  

The operator suggested that instead the Dutch government can look at limiting betting on individual points, but only on lower level tournaments such as the ITF and Challenger. According to Bet365 it would be very difficult to manipulate the winnings on individual games or sets at a Grand Slam or ATP event.  

They strengthened their argument by adding that Rory McIlroy and Jordan Spieth are drawn to play together on the third day of the US Open Golf tournament. While these players are not directly competing against each other a very popular beet would bet the head-to-head market between the two players.  

In conclusion Bet365 suggested that the only effective way to combat sports integrity issues is to monitor the betting taking place. And to include a license requirement that obligates operators to report suspicious behaviour. And this can only be achieved by having as little restrictions placed on bets as possible.  

Other Regulatory Concerns 

Apart from the serious betting restrictions the operator stated that the proposals on banning gambling advertisings during live sporting events were very restrictive. According to Bet365 it would unfairly penalize operators who haven’t taken bets from Dutch players in the past.  

The operator continued saying that those new to the market should have the opportunity to build brand awareness without overly exposing the general public to their advertising. They suggested that alternatively the government can impose a limit to the size and placement of adverts and content instead of banning adverts completely.  

The consultation closed earlier this month and operators will be able to apply for their Dutch license from July 2020.

Latest News View all

Casino Chips: How To Spot A Fake

When we play in our favourite casinos, we exchange our real money for chips. And whilst these tokens might feel plastic, they are still considered a form of currency. This makes the chips attractive to criminals who still try to produce counterfeits. Amazingly enough, casino croupiers often state that it’s an easier task to make fake money than chips these days. But what do you look for when you are playing? What do you do if you find a bunch of casino chips? In this article, we will give you the full lowdown on how to protect yourself and what the casinos do to keep you safe. We’ll also let you know how counterfeiting criminals are dealt with in the USA.

Read more

Top 10 Famous US Gamblers

Who are the gamblers who've made it to the top? It was a difficult task to put together this list and it caused huge debates in our offices. But after much discussion, we narrowed it down to 10 famous gamblers. Here we take a look at the highs and lows of career gambling as well as the millions of dollars of profits.

Read more

C$20 Deposit Casinos in Canada

Getting started at an online casino shouldn’t need to cost the earth. With a deposit of C$20, you can unlock some great deals and a top-class experience at many sites in Canada. C$20 deposit casinos are popular and whilst there are loads out there - should you trust them with your cash?

Read more

Most Popular

Euro 2020 Final Odds Italy vs England - Who Will Win It?

Italy and England will face each other on Sunday at Wembley in what has been an existing European Championship tournament. Hosted a year later due to the pandemic, the Euro 2020 will come to an end on Sunday at 3 pm, with the final taking place at Wembley. Is it coming home? Or is it coming to Rome? Let’s see what the bookmakers say.

Read more

How Do No-Risk Bonuses Work?

Let’s face it, most of us love a bonus. These are the joyous treats that keep us ticking and give us that little bit extra. Making us feel welcome at our favourite online casinos, or rewarding us for our loyalty. They come in all different shapes and sizes these days, as sites compete for our business.

Read more

Best Crypto Gambling Sites 2021

Crypto bring with it new opportunities and for all those online casino players who prefer to use cryptocurrencies for their gambling payments, we know of several online casinos that support Bitcoin, Litecoin, Ethereum and other cryptocurrencies as a payment method. So, which of these sites can we recommend for 2021?

Read more

Biggest Online Jackpot Wins of Last Year

It is always a momentous occasion when someone wins an online jackpot from a casino. And while many of us believe that they do not come around so frequently, several big winners were recorded in 2020. So, keep playing and you never know, you could be the very next person to claim a jackpot payout. Let’s have a look at the biggest online jackpot wins of 2020.

Read more

Bankroll Warriors Gets New Host for 2021

CasinoTopsOnline is re-launching its exciting slots and casino Twitch stream Bankroll Warriors with a brand new host for 2021. At different times in his life, Dreezy has been a professional poker player, gambler, esports bar owner, trucking business owner and Twitch streamer. Read more

£100 Deposit Bonus UK

UK online casinos that offer a £100 deposit bonus are quite common, especially as we see an increase in the number of online casinos, which results in greater competition between them - and better offers for players!

Read more

Bankroll Warriors is Back With HUGE NEWS

Bankroll Warriors is our hit casino podcast, offering you a look into the world of the best slot games online at the top casinos around. So get right for lights, camera, and spin! Whether you’re after discovering the best bonuses or just after some suggestions for a new game, our new all-star streamer team has got what you need.

Read more

5 Favourite Slots by European Players

Europe is a hotbed for casino gaming activity, and there’s little wonder. With locations like Monte Carlo, London and Malta all playing host to exciting casino escapades, it has quite the popular appeal for players. It is also due to this that many online casino slots have become popular in their own right with players from the continent. So, which ones can be considered the five favourites of European casino players? We’ve got a look at each of these and their inbuilt features below.

Read more

New Series of Podcasts by Our Very Own Bankroll Warriors!

Bankroll Warriors, better known as Jon Pardy and Drew Gonzalez, have teamed up with CasinoTopsOnline to provide viewers with a series of exciting, livestreamed games at the best online casinos. A combination of casinos hand-picked by experts and the professional play brought to you by the Warriors themselves will take casino livestreaming to a whole new level. Read more