On the one hand, bets are represented on Twitch with the games of online casinos. Twitch has regulated this type of stream due to the danger posed by addiction to gambling, although the platform owners do not want to prohibit this type of transmission for its “game” content. On the other hand, we will talk about the draws, which can also be taken as a type of bet.
A huge problem with online gambling and its representation on Twitch is that online casinos often get a bad rap. They are often talked about as scams; for example, your profits and earnings when playing the fictional game are much higher than when you do with real money. However, there are also well-known online casinos.
Online gambling is a controversial topic. This is due to everything we have mentioned above in the image and the dubious ethical practices of online casinos, and the great risk of hooking people and creating a real addiction to the game. A spectator may think that it is possible to win money quickly and easily and can get hooked on gambling.
How betting is regulated on Twitch
Even with all the above, online casinos are partly games. For this reason, Twitch does not completely get rid of them and allow them to be streamed. Since many streamers make this type of content because they have an advertising contract with the casinos, Twitch created rules and regulations for everyone who wants to broadcast it.
Streams can only show 30 minutes of betting. This affects the total duration of the stream. This means that after 30 minutes of online casino, the streamer should play “normally” before returning to gambling. This should prevent the channels from being Twitch casino advertising platforms. This type of advertising is all the rage right now. Online casinos are always looking for new streamers to promote their products on their channels, something that brings new players to casinos and, therefore, new income.
What to keep in mind when making raffles on Twitch
Now let’s talk about something totally different: giveaways and raffles on Twitch. A raffle can also be defined as a bet or game of chance. However, there are also rules for this. For example, viewers are prohibited from paying real money to enter these competitions. If you want to run a raffle by collecting money, you need a casino license. Since most casinos do not have this license, no money must be raised, and entries in these raffles must be free.
This rule also includes increasing the chance of winning to all channel subscribers or donors. There is a legal vacuum whereby participation in raffles using virtual currencies, which are automatically distributed to viewers based on the time they have been on the stream, is allowed. Subscribers usually receive more coins or points for being in the channel, so they can buy more tickets for this type of raffle. This is legal, although it is not always well received by the users of the platform.