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E Gambling, Deventer. 45 likes 1 was here. Op de websites van E Gambling vindt je het meest recente nieuws uit de Online Casino Branche. Veel leuke acties, gratis casino geld, welkomstbonussen en. Description: When you gamble with the intention of winning money, you need a statistical edge. However, if you are using money that you obtained virtually risk-free, you will need less of an edge. Blackjack is a game of skill, where the casino has a small edge compared to other casino games.

Gambling is the wagering of money or something of value on an event with an uncertain outcome, with the primary intent of winning money or material goods. Gambling thus requires three elements to be present: consideration, risk, and a prize. The outcome of the wager is often immediate, such as a single roll of dice, a spin of a roulette wheel, or a horse crossing the finish line, but longer time frames are.

An online gambling payment gateway allows merchants to accept payments online and harness the benefits of the fast-growing industry.

According to Grand View Research, the global online gaming market is projected to surge to $127.3 billion between 2020 and 2027, with an 11.5% Compound Annual Growth Rate (CAGR).

However, when it comes to accepting payments, online gaming merchants have to find the right payment gateway to keep their business profitable while offering a great user experience.

For that reason, we have created this article to explore the essentials of online gambling payment gateways and an excellent solution for merchants to accept transactions from their customers.

What Is an Online Gambling Payment Gateway?

A payment gateway is a financial service that allows merchants to accept transactions from their customers online.

In exchange for processing payments, the service provider charges either a percentage-based or a fixed fee (or both) deducted from each transaction.

After merchants integrate the online gambling payment gateway into their platforms, players will be able to use it to deposit and withdraw funds from their accounts.

It's crucial to mention that most financial providers consider online gambling a high-risk activity. For that reason, merchants within the industry often get their applications rejected at traditional payment firms.

As an alternative, businesses can open a dedicated payment gateway at a service provider specializing in a high-risk industry like online gambling.

What Should Merchants Consider When Choosing a Payment Gateway for Online Gambling?

While there are multiple payment gateway solutions present on the market, online gambling merchants must select the right one to operate efficiently.

For that reason, we have collected the most important factors online gaming businesses should consider when choosing a financial service:

• Regulation: Online gambling activities are strictly regulated all over the world, with laws varying greatly by the nation. For that reason, merchants have to possess the necessary licenses and comply with the appropriate regulations to set up a payment gateway solution for online gaming.
• Security: The safety of their users should be a top priority for businesses. For that reason, it's crucial for online gambling merchants to select a financial provider featuring enhanced anti-fraud and security features to protect their customers.
• Payment methods: There is no one-stop solution among payment methods. While some consumers prefer credit cards, others may choose to pay with bank transfers, e-wallets, or cryptocurrency.
• Speed and fees: Nor consumers neither merchants want to pay excessively high fees or wait several days for their payments to get processed. To avoid such a scenario, businesses should consider choosing a financial solution that features fast transactions with reasonable fees.
• Convenience: Convenience is a key factor when selecting a gateway solution. Unless the payment process is simple and straightforward, players may choose another (competitor) platform for online gaming.

Why Choose STICPAY as an Online Gambling Payment Gateway?

As mentioned earlier, high-risk businesses in the online gambling industry have to choose a dedicated payment gateway solution to accept transactions from their customers.

For that reason, we'd like to introduce STICPAY, an excellent financial service for merchants across several industries.

However, before we proceed further, it's crucial to emphasize that the company considers low-risk businesses its primary audience. At the same time, the firm allows licensed high-risk companies, such as online gambling providers, that comply with the appropriate laws and regulations in all the countries and regions they serve to open a merchant account.

Available in over 190 countries, STICPAY features a global e-wallet service with a strong presence on the Asian continent.

For business clients, the company offers direct payment gateway integration into their platforms via an Open API connection.

The digital wallet service features cost-efficient fees for both merchants and end-users. While consumers pay 1% for instant member-to-member transactions via STICPAY's rapid internal network, the company charges a competitive 2.5% + $0.3 fee for accepting fiat payments in 29 currencies and 1.8% for processing cryptocurrency transfers.

Customers can choose from a multitude of payment methods to deposit and withdraw funds from their accounts, including:

• Visa
• MasterCard
• UnionPay China
• International bank transfers
• Cryptocurrency (Bitcoin, Litecoin, Ethereum)
• Prepaid STIC Card (for convenient withdrawals)

On top of the above-mentioned options, STICPAY has partnered with financial institutions in Asia to offer rapid and inexpensive local bank wire transfers to customers in Malaysia, Indonesia, China, South Korea, Japan, Singapore, and the Philippines (more countries and regions to be added soon). As a result, businesses can integrate STICPAY as a payment gateway and grow their customer base in Asia more efficiently.

STICPAY takes a security-first approach, ensuring the protection of its users with advanced anti-fraud and safety measures. As an additional layer of security, the company strictly monitors both consumers and merchants who are subject to various Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

As a result, all transactions on STICPAY are secure and indemnified, offering effective chargeback protection for merchants.

For a more convenient experience, in addition to a web platform, users can access the e-wallet solution via the recently redesigned smartphone apps in 19 languages for both iOS and Android.

Are you ready to start accepting payments online?

If you have any questions, feel free to reach out to STICPAY's dedicated customer support team to get your queries answered 24 hours a day.

Have you liked us on Facebook yet? Are you following us on Twitter and Instagram? Join STICPAY on LinkedIn!

E Gambling

Betting is the single biggest opportunity in esports. It has uncapped upside and is one of the least encumbered by the video game publisher…but it’s also one of the least talked about. The recent investment wave in esports has been primarily focused on the most visible assets in the space being esports organizations, influencer agencies, and content/competition assets. I believe it’s important people understand that verticals like betting are a huge part of the potential of esports now that interest in the space has skyrocketed.

As one of the fastest growing categories in online gambling, esports betting is on pace to reach up to $8 billion USD in total wagers this year, equating to $560 million in revenue at an industry average margin of 7%. Growth estimates point to more than $16 billion in annual wagers in coming years. This compares to an estimated $1 billion in revenue to be earned in 2019 for the rest of esports, however, when adjusting for publisher owned/operated assets revenue, I believe the number is closer to half that. This adjustment nets out game publisher fees, merch and ticketing at major publisher run events, a proportion of media rights, and a percentage of sponsorship and advertising.

The benefits of esports betting

We make this adjustment as the investable esports ecosystem, everything making headlines lately, is non-publisher assets, companies building around the IP of publishers. Unlike these categories, betting is IP-agnostic as it requires no franchise or licensing fees paid to the publisher, which is seen in categories such as esports teams or tournament organizers. It is also game-agnostic, not being exposed to game cyclicality, which is the mark of the video game industry and esports.

Gamers are fickle and it’s impossible to predict the longevity of a new title. Betting is a platform that can easily offer whatever is being watched. Lastly, it is API-agnostic, seeing no reliance on publisher logins or other third-party API’s such as Twitch which can be found in other verticals. This is why I believe the magnitude of the opportunity in betting exceeds every other vertical in esports and will continue to do so long-term.

The rapid & challenging rise of esports betting

How did it begin? The first major wave came with the use of virtual in-game aesthetics as unregulated casino chips back in 2013/2014. Valve games, Counter Strike: Global Offensive and Dota 2, the second and third most popular esports (behind League of Legends), have highly liquid real money economies using in-game aesthetics termed skins, which fans began to use for gambling on esports.

E Gambling Stocks

Nearly all the skins gambling sites were operating illegally, rarely doing any requisite Know Your Customer (KYC) compliance to ensure the customer is in a legal jurisdiction and over 18, had little to no Anti-Money Laundering (AML) controls, and certainly no gambling license. Unfortunately, this meant many underage kids often from illegal markets gambled, and the skins betting market quickly swelled to $5 billion in total wagers. After multiple scams and a class action lawsuit, Valve sent cease & desist notices to all major skins gambling sites toward the end of 2016, resulting in a material reduction in skins betting.

Although the illegal skins sites did not directly make the transition to regulated esports betting, they were a key step in the process. The advantage of those sites is they were totally unregulated. You could build one and get it up and running in 30 days. A regulated gambling site takes a year if you move quick. As a consequence, we saw effectively nobody switch. However, the companies making regulated esports specific betting products took product and marketing cues from those sites as they serve the same customer base.

That unregulated market kicked off regulated wagering on esports. At one point, before it was shut down, the skins betting market was an estimated ten times bigger than the regulated esports betting market. Without the skins betting market its unlikely esports betting would have taken off as quickly, and then when it eventually got shut down by regulators it created a big wave into regulated esports betting. This created much of the opportunity we are discussing in this article. Like a lot of new tech, it starts off in the unregulated side before it matures.

Now in 2019 esports betting is one of the most exciting categories in the regulated gambling industry. Even more so when combined with a U.S. sports betting market opening up state by state. With the nature of esports being video games, it creates unlimited possibilities for unique bets such as round-by-round betting in first person shooters, or hyper-contextual bets like first Baron kill (provides a team buff) in the world’s most popular esport game, League of Legends. With new game titles constantly being released, and an ever-increasing population of esports fans, the trend is clear.

Many ways to bet on esports

The current options available for esports fans to bet with is varied. You have legacy sportsbooks with an esports offering, purist esports sportsbooks sites, crypto betting offerings, and still some illegal skins betting sites. The challenge and opportunity as I see it is not attracting the gambler to bet on esports, but rather attracting and onboarding the esports fan. What appeals to a 23-year-old esports fan that has less experience with betting is different from what is currently being offered to a 35-year-old football fan.

Similar to any traditional service being offered to a new generation requiring a major user experience overhaul (as financial tech has). I believe it isn’t enough to just display the odds. Sportsbooks need to offer more contextual betting, team/match data, content/community offerings, deep partnership engagements and more. The exciting thing is that the code has not been cracked, and the room for innovation is vast.

Significant opportunity for new sportsbooks

Online gambling has spent more than 20 years focused on traditional sports. Creating and curating the optimal offering, marketing schemes, and bonus/reward programs. Converting brick and mortar bettors to online ones. Over that period gambling regulation has evolved, sports fans have aged, and the market has become relatively saturated with operators.

The emergence of esports as a sport, and consequently, a betting market, represents the first instance in a long time of a new generation entering the fold. This is unprecedented and the interest from the traditional gambling world is immense. For the first time they are facing a generation born and bred on the internet. Solving for that when you have spent so long solving for the inverse is challenging. It means a window of opportunity is open for new operators, new investors, new strategies, new ideas, and it’s incredibly exciting. All that said, it’s a thrilling time to be in esports, betting, and the development of sports and media for the next generation. This is just the beginning.

Kevin Wimer was a professional gamer in the early 2000’s, and is currently Chief Marketing Officer at esports sportsbook Rivalry.

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