Gambled – The System Sports Betting – Economy

An industry of high-tech companies that have exploded. A billion dollar business. But she struggles with addiction, money laundering and fraud. Who really wins in the end? And how did sports betting become part of a lifestyle?

On the way to work: A Bet3000 shop. At the stadium: The Bwin ad. During the sports show: the Tipico spot. Sports betting is everywhere. And right now, when the Bundesliga starts again, there are special offers everywhere. The stakes rise.

This is no coincidence. The betting providers are fighting for every customer. They want supremacy in this billion dollar market, which has only recently been heavily liberalized in Germany. What was banned for decades is now legal. Sports betting is increasingly becoming a lifestyle product. But they can also be addictive and destroy livelihoods.

How come? How susceptible is the sports betting business to dirty business like money laundering and manipulation? And why is it that young, sports-loving men in particular gamble away their money more and more quickly – and can’t stop betting?

So who really wins in the end – and who loses? “Verzockt – The Sports Betting System” is a six-part Spotify Original Podcast in cooperation with the Süddeutsche Zeitung. Every Friday from January 20th, only on Spotify.

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