Is it legal to organize a sports prediction contest?
Sports betting contests are frequently organized within companies. It’s an excellent team-building tool, as sporting events generate energy that can be harnessed for the benefit of the company. The question that arises is: Is it legal to organize a sports prediction contest?
A sports bet is defined as a bet "involving a monetary stake where the players' potential winnings depend on their predictions about the outcome of any […] legally organized real sporting competition in France or abroad" (Art. 4, I, L. no 2010-476). The legal framework established in 2010 requires operators to meet specific requirements and hold a license issued by the Online Gambling Regulatory Authority.
“There’s no problem with organizing sports bets as long as the intermediary is not financially invested,” says maître Pascal Reynaud in an article for TF1.
Ccup.io supports gender equality. According to a report from the "400 Ideas to Promote Equality" workshops, 84% of female executive employees and 74% of non-executive female employees believe that, in the workplace, women are regularly confronted with sexist attitudes or decisions. Prediction contests are a tool to combat sexism and a great opportunity to spark a conversation about this phenomenon, its manifestations, and its effects. These contests allow women to assert themselves and prove that sports predictions have nothing to do with gender. A woman can be just as passionate about football as a man – this is the chance to give your female employees or women in your community the opportunity to showcase their football knowledge, break stereotypes, and enjoy great moments together.
You can, therefore, organize a prediction contest for a sporting event such as the World Cup, as long as it’s done with no financial interest. It is advised to check with the HR department to ensure you have the right to organize such an activity within your company. If you take the necessary precautions, there’s no reason it shouldn’t go well!
For sports prediction contests, it is important they are organized within a well-defined framework to avoid delicate situations. To give you peace of mind, ccup.io is here to help. Ccup.io is a turnkey prediction platform, customizable to your company's visual identity. On the platform, players can log in, make their predictions, answer quiz questions, and discuss the matches with their colleagues using instant messaging. At the end of the prediction contest, the person with the most points will win a prize that you, as the contest organizer, will choose and provide. It is also possible to integrate sponsored advertisements.
The platform is free for players, with the costs for optimizing and using the platform borne by the contest organizer. Ccup.io offers many features that can transform a prediction contest into a true team-building tool, which you can use to strengthen your company's culture. With ccup.io, you avoid the dangers of conventional betting, such as players getting into debt, because the platform does not allow wagering money.
You can enjoy the adrenaline of making predictions while keeping your employees or community safe with ccup.io.
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Ccup.io is a cohesion tool, allowing firms to gather their collaborators on the occasion of major sporting events, such as World Cup or Olympic Games. We offer an interactive forecasting platform, turnkey and customisable to your company’s colours.
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