4 reasons against the 1000 € deposit limit

The new draft of the Gambling State Treaty lies on the tables of the federal states and is waiting for ratification. While the country parliaments examine the draft, this skeptical looks harvested private gambling companies and individuals. The recent design ensures clarity and security, but still needs a trained eye in many places. For example, the 1000 Euro deposit limit for players.

The deposit limit is daily, because this results in many questions. Who determines whether 1000 euros are too much or too little? How safe is the central file with information about transactions and personal customer data, and who guarantees their safety?

The glass citizen

Interior Minister Peter Beuth of the CDU speaks the first criticism in the form of a “glass player”. If all sorts of a player are collected and managed in a central file, nobody is anonymously through the halls of online casinos. Each step is monitored, controlled and tracked.

Nobody wants this, which is why lucky providers from the black market, ie neither with Australian nor with European license, again for many players to come into focus. In times of digitization and constant data collection, many players are willing to protect their anonymity more than ever.

How important is anonymity on the Internet?

Online gambling is a sensitive topic for outsiders – especially because of the addiction potential, many people distance themselves from gambling. Many players could feel uncomfortable if their data is subject to “continuous monitoring” in a central lock file. For example, a person from the circle of acquaintances sits in the competent authority could suffer from the social interaction.

There are also players who want to make higher revenues without being permanently monitored. Online gambling gains are currently not tax. However, that could change to July 2023. Basically, players feel more comfortable if they are not constantly monitored.

What happens when the database is hacked?

Credit card fraud and trade in personal data is no novelty, but has been present for years. Who guarantees the security of the central lock file? Hackers could target the database targeted, as it is a billion big market. In one train, several payment information is public or used in the network for fraud.

1000 € deposit limit too big or too small?

Who determines, for whom a deposit limit is over 1000 euros too big or too small? Can this be all in all? A middle can not be found here. For the normal mortal, 1000 € may be more than enough. High scooter, on the other hand, laugh about such peanuts.

Alternative to the 1000 € border: Limit independently

No resident in Australia has the same income – except officials and employees of the public service. Why does the deposit limit be pumped to 1000 €? Instead, you can instruct players to determine their own loss limit per month already when registering. Whether this limit is then guided in a central database, we leave outside.