Online Sporting and footballThe August 16, 2010, By SportTopNews
According to the Regulatory Agency of the Online games (ARJEL in French), the French market of the online sporting bets would have brought more than 83 million Euros in bets during the first month following the opening of the Football World Cup, on June 11th.;
Of course the World Cup is a special event, and it is especially the French Championship of football which will show the real profitability of the bets online.
The vice-president of the group Manga Gaming, Isabelle Parize, thinks that this right to bet risk to include 25% and 40% of the margin generated by the bets sites. “The means implemented by the federations to fight against the fraud do not have any common measurement with what one asks us to pour”, explains Isabelle Parize.
In addition, the sites transfer about 85 Euros to who bet 100 Euros, and this is after tax and other contributions. Then sites recover a “net profit of the games” about 4.70 Euros out of these 100 Euros.
Analysts suggested that World Cup betting might have cannibalized some of Sporting bet’s other sport offerings.