Big sports clubs generate millions of euros monthly, but it is important not to forget one of the most important sources of income for them: sponsorships. Among the big sponsors in the world of sports are the gambling companies, who inject a large amount of money into the clubs. They, in turn, use this money in manifold ways, such as signing new players or remodeling their stadium.

With more or less controversy depending on the case, the truth is that gambling companies have managed in many places to relaunch both professional and amateur sports. These companies devote a large part of their income to subsidizing many teams with juicy sponsorships, a phenomenon that cannot be ignored when assessing the state of today’s sport.

Professional sports, the big beneficiary

A large number of sports leagues, as well as their clubs, have seen gambling companies as great business partners. This commercial relationship is mutually beneficial, as the clubs, or their respective leagues, generate revenue, while the gambling companies find a platform to make themselves known to thousands of potential customers.

Gambling companies saw this opportunity and established themselves for several reasons. The first is that they had to make themselves known in countries where they did not have much of a tradition. The second is that they could achieve the sponsorships the clubs demanded. This saved many teams that needed large sponsors to continue with their professional activity and fight with clubs that earn more in concepts such as television, something that changes a lot from one country to another.

Just by looking at the jerseys and advertisements of soccer teams, we find a common ground: gambling companies have become essential to almost every club. In fact, according to UEFA, sports gambling companies account for 19 percent of the sponsorships that Europe’s top teams advertise on their jerseys. Soccer is the sport of reference, but we could also say the same about basketball and many others, such as tennis.

World’s trends

It is very common for American sports to have a connection with sports gambling companies since most of their leagues have such a commercial relationship. One of the last leagues to close this type of sponsorship was the NFL, which in April 2022 announced a deal closure with three gambling companies. This will give the league millions of dollars in profits.

In European soccer, clubs are also betting on this way of generating income. Various clubs in the German, English and Portuguese leagues have been signing commercial agreements with different gambling companies for years. In fact, in England, deals with gambling companies are hundreds of years old and they are highly regarded as part of the country’s popular culture. In 2020 there was an interesting case, as Brighton & Hove Albion was the only one of the 20 teams in the Premier League that did not have any signed agreements with gambling companies.

Meanwhile, in Spain, the phenomenon is more recent, but no less intense in terms of its importance. A few years ago, professional teams began to have problems finding sponsors capable of keeping pace with the prices of the shirts of big teams such as FC Barcelona and Real Madrid.

Sponsorships in amateur sports

All the above also had a major impact on very minor sports. Large gambling companies such as Betfair began to support the less followed disciplines, even giving media coverage to the broadcasts of their events that can be seen on these companies’ platforms. This has ensured that the generated profits not only stay with the big professional teams but also reach small teams or individual athletes who are far from the big financial gains of top-level soccer.

It is impossible not to properly assess the value of gambling companies in this sense, since they are entities that have made the world of sports grow significantly at all levels.

The problem

A large number of leagues have the facility to seek this type of commercial relationship, but some countries have placed restrictions on their sports leagues so that they cannot sustain them any longer.

One of the most resounding cases took place in 2018 in Italy. In an attempt to curb match-fixing, the Italian government decided to veto any kind of promotion of casinos or gambling companies in the country, as well as in soccer. This was a somewhat controversial decision, as clubs claimed that the measure would cause them losses of around €700 million.

The law on advertising restrictions will greatly affect the finances of the clubs, as they will be forbidden to promote these companies on their jerseys, in their stadiums, or on different sports media. This is why several clubs have asked for an extension of up to 4 years so that their numbers are not affected in such a drastic way.

In short, betting has generated numerous benefits for clubs and sportsmen at all levels. Many of them depend on their sponsorships to be able to continue with their activities, so they can receive large amounts of money and be more competitive. On the other hand, the restrictions that some countries are placing on this type of advertising will undoubtedly complicate the finances of these clubs, which have had profitable commercial relationships in recent years with gambling companies.

A Must-Read on Mobile Gambling Apps

When it comes to playing on the go, not all online casinos do as well as you would expect. Given the fast-paced development in technology nowadays, one would expect that all big names on the UK gambling market would offer a flawless app for mobile users. But truth be told, this is not the case and that is kind of a must, in my opinion. We all have to travel or commute at one point or another, and what can be more entertaining and rewarding than spinning the reels of your favourite slot?

What to Look for When Choosing a Mobile App

www.mobileonlinecasinos.co.uk features a great collection of reviewed apps from some of the biggest UK operators. You will learn everything you need to know in terms of compatibility, games and software developers, bonuses and payment methods, and much more. Considered to be the future of online gambling, mobile apps are a great way to pass the time while traveling and hopefully be quids in at the end of the day. The first thing that you need to check is whether or not a certain app is compatible with your device, table or smartphone. Once you have established that, a good advice would be to check if you can opt-in on the bonus offers on the mobile app. If not, be sure to claim your bonus over the desktop platform, before you start playing on the go.

Also, most operators, such as 888 Casino, for example, feature a wide range of payment methods, both for withdrawing and depositing on the go, such as PayPal, Neteller, PaySafeCard, credit and debit cards, and many more. Others, on the other hand, only accept a couple of methods, which can be a bit tedious. Moreover, the limits can vary between the mobile and the desktop platforms.

Download Apps vs. Web-Based Apps

While most casinos have opted for the download version of their platform, some still rely on players to content themselves with the web-based ones. There are few reasons for which the later can be preferred, such as the fact that it doesn’t take space on your device. However, I personally prefer to download and install an app on my device, as it gives you instant access to all the games, and you don’t need such a fast Internet connection, as you would with web-based games. Once again, 888 Casino takes the cake, with 2 different mobile apps – one for their RNG games, and one for their live-dealer ones. Both apps take little more space on your device, but the quality of the titles will more than make up for it. Moreover, using native apps requires less bandwidth, which can reduce the charges that would apply when using mobile data.

If you hate your job and long for more spare time or dream of deciding what to do with your day in the spur of the moment, I’ve got the answer you’ve been looking for. You should become a broker. There are three kinds of brokers – namely full service brokers, discount brokers and online brokers – and they all work as intermediaries between buyers and sellers in all kinds of industries, selling goods and commodities. But I’m not going to go on and give you the definition of “online broker” because we both know you’re probably going to reconsider becoming one when I tell you about what you’ll need to go through in order to get a degree. And there really is no need for wasting time and money on qualifications since you can benefit from online trading now. All you have to do is pick the right online broker and I’m here to help. Here are the top 3 questions you should ask before making that essential decision:

Is Your Online Broker Regulated?

It’s common sense but you’d be surprised how often people forget about the most important question. And if there’s one thing you should remember it’s to make sure the brokerage company whose services you’re using is properly regulated. In the world of online trading the name UK citizens should remember is FCA – it stands for UK’s Financial Conduct Authority and is your guarantee that the broker you’ve chosen to represent you is regulated and 100% legal.

Does the Online Broker Offer Good Customer Services?

Customer services are often underestimated. We just take them for granted. And we shouldn’t. When it comes to an industry where things change with the speed of light, instant answers to your questions are vital. Many serious brokers offer a chat service and that’s good enough for some but, in fact, you should be able to rely on a speedy reply via email as well. Also, look for those who offer telephone support as well. Though it might seem a bit outdated or ironic when we’re talking about online brokers, providing a postal address speaks volumes of their dedication to their customers and the customers’ interests.

What Fees and Charges Should You Expect?

Last but not least, you’ll want the broker to make you money, not cost you money. Before you settle for a representative, make sure you’re aware of any fees and charges you’ll be expected to pay. Will there be any monthly or annual fees for having a brokerage account, etc? Those are all things you need to take into consideration. Also, look for a tight spread. If you’re wondering what a spread is, you’re not ready to let someone handle all your funds. You should read up on the essentials before putting all your eggs in one basket. I suggest browsing through www.realmoney.co.uk/broker/ to get a better idea of all things broker, including a neat explanation of what a spread is.

Online trading got a bad rep back in the 90s, with tons of beginners jumping in blindly, thinking that they could make a killing with minimum effort whilst sitting at home in their pjs. If you are an online trader like me, you’ll know that there’s a lot more to the process. With a bit of research and some strategies in place, there’s no reason why you can’t be successful at it.

When I first dipped my feet into online trading, I have to admit that I didn’t really have a great understanding of how to get the best out of it. Yet over the years, I have done my research and learnt the secrets to doing it well. I have always been keen on sharing best practice, and back in the day, I picked up a lot of top tips from other traders who were happy to share their experiences and knowledge.

Now that I have many years of experience under my belt, I feel it is time for me to return the favour. As such, I decided to create this blog to share advice and tips with other online traders. I am certain that this will be a useful resource for beginners. Learning to invest does not happen overnight, it takes time and investment to excel at it, and you will find plenty of informative and enlightening posts in this blog to help you build your understanding and expertise.

At the same time, the more experienced traders will no doubt pick up some useful advice here too. A friend of mine once said a day without learning is a day lost, and in that very spirit, I will make sure I include posts that will help the most successful pros out there up their game. So thanks for reading, and come back soon to check out my latest posts.