International edition
June 21, 2021

The majority of people place bets on football, followed by tennis and “pelota vasca”

Spain:Sports betting in Euskadi is unstoppable

(Spain).- Since its opening in August 2008, sports betting in Euskadi gradually has grown to currently become one of the most successful businesses of the regional gaming industry. The betting culture intrinsically has close ties to the Basque society.

B

etting companies like Reta and Kiroljokoa have distributed a thousand machines along many establishments. The average stake is for about 7 or 8 Euros, although there are a vast majority of bets for 1 or 2 Euros and fewer bets for less money.

The majority of people place bets on football; tennis and “pelota vasca” are the second and third choice respectively.The success of these sports is greater because players can bet on live games. The quotes and prices will vary depending on what happens at the live game, so gaining in dynamism.

The law states that the maximum bet must be for 100 Euros and the minimum for one, although there is no limit on the number of bets that each person can make. The biggest prize to date of Reta was of 18,861 Euros.However, every week there are prizes of 1,000 Euros and some others of 3,000, 4,000 up to 5,000 Euros.

Kiroljokoa extends betting to women's sport and is starting to explore new ways beyond the sport as the Bertsolaris Championship of Euskal Herria. In adition, there are also other non-sports events to take a gamble on; including betting on Oscars winners. The next step, once they had consolidated their activities in the Basque country, is introducing betting into other Spanish regions.

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