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The Italian Gaming Authority has now issued a Decree governing the so called “system bets” on fixed odd sports events different from horse events and on non-sports events. System bets are a set of fixed odd bets generated combining different results that are contemporaneously validated through a unique receipt of participation.
System bets are distinguished in different categories (i) integral systems (ii) systems with corrections and (iii) integral systems with corrections. The maximum win awarded through a system bets cannot be higher than € 50,000, while the potential win for each bet which is part of the win cannot exceed € 10,000.
The Italian Gaming Authority through this Decree tried to meet the requests from betting operators introducing a mechanic which was not previously possible and that makes now the offer of Italian licensed betting websites even closer to the one of the .COM websites.
Do you need assistance on Italian betting law issues, feel free to contact me, Giulio Coraggio.
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