One place where online sports’ betting is flourishing by leaps and
bounds is Europe. In less than a decade online sports betting has become
one of the favorite pastime for many Europeans. The friendly legal
environment for online sports betting has also added to its popularity
in Europe. This made Europe home to world largest bookmakers when it
comes to online spots betting.
Bookmakers
Rating
Target
Payout
Extra Live
Currencies
Supported Countries
A+
Europe Asia Australia
95,50%
A+
Europe Australia
94,50%
A+
Europe Asia Australia
94,50%
A+
Europe
93,50%
A
Europe
93,50%
A
Europe Australia
96,25%
A
Europe
93,25%
B+
Europe
92,50%
C+
Worldwide
94,75%
...When choosing the best website for sports betting Europe, you are better
off sticking with local sports betting option because it might be
following your country’s legal requirements. This keeps you away from
legal complications later on. Although, your choice of betting site
might depend on the country you live in and gambling laws out there.
Never make the mistake of neglecting your local gambling laws because it
will land you into hot waters. If you want the best safety, you should
go for state run online betting sites. They will provide you insurance
to keep funds secure and follow all the laws strictly. After safety and
legality, the next factor that you should consider when choosing an
online bookmaker is bonuses and events.
Look out for bookmakers that offer you special bonuses on sign up,
deposits and other events such as shopping. Don’t miss out on large
bonuses on deposits and signups. If you have a limited bankroll,
searching for free bets and big bonuses is very important to kick off
your sport betting career.
Deposit options
Skrill
and
Neteller are two
of the most popular choice for European online sports betting fans. The
trust factor and international recognition give these two e-wallet
services an edge over the competition. That is the reason why most of
the European sports bettors uses these two services to deposit and
withdraw money.
Another alternative to these e wallet services is the credit card. It is
one of the fastest ways to get money online. Some other options include
Bank wires or bank transfers. Each option has their pros and cons but it
usually comes down to personal preference and convenience. Most European
online sports betting sites will offer several deposit options, making
the process of betting sports online accessible to all citizens.
Legality involved in sports betting
You will be surprised to know that laws regarding sports betting differ
greatly with country to country. Therefore, it is important to more
about sports betting laws in your country. To make things easier for you
here are brief outline of some of European country’s sports betting
laws.
Is online sports betting legal in Europe
Many other countries are also in line for introducing sports betting
services into their countries and making it legal. Most of European
countries put more emphasis on regulating these services and collecting
taxes. The healthy competition and host of new services offered by
sports betting site is a step in right direction. The future for sports
betting in Europe looks bright and will flourish in few years.
UNITED KINGDOM
United Kingdom has emerged as a king when it comes to sports betting
sites in Europe. Sports betting are one of the most popular activities
for thousands of Brits. Online sports’ betting is legal in the United
Kingdom. Players will not have to pay any taxes on winnings from online
sports betting or any other forms of gambling in the UK.
GERMANY
Online sports betting in Germany is legal. However, this was not the
case in the past. The country has made reforms to accommodate gambling
offerings and has introduced a more regulated landscape. You will have
to pay 5% tax on all bets in Germany, but choosing the correct bookmaker
will mean that they absorb all the tax.
FRANCE
Online sports’ betting is legal in France. It was once a state run
monopoly but now all that have changed for the better. France has now
opened its door to outside providers. EU pressure forced this change and
France licensed some of the world’s larger online bookmakers to offer
their services to French online sports betting fans.
However, betting exchanges are still illegal in France, despite other
forms of online sports betting being legal. French recreational players
do not pay taxes on online sports betting winnings. Nevertheless, those
who fill as a professional sports bettor or gambler will be subject to
taxes.
ITALY
Similar to France, Italy also succumbed to EU pressure and opened its
doors for international online betting sites to offer something to
Italian sports betting loving crowd. Many sites are adapting to Italian
laws, getting license AAMS
to work in Italy without running the risk of censure.
SPAIN
Online sports betting and gambling is now legal in Spain, Spanish sports
betting fans have to pay a higher tax percentage to get their dose of
betting. It can range from 10% to 30% tax on online gambling winnings
depending upon the type of betting. In Spain as in Italy, many
bookmakers have purchased a local licensed by
Jeugo Seguro to
operate in its territory, but many Spaniards prefer to continue betting
on international sports betting sites.
SWEDEN & NORWAY
Online sports’ betting is legal in Sweden and Norway. Both Scandinavian
countries have state run bookmakers and restrict other outside online
sports betting sites from accepting their citizens as players.
Furthermore, these Scandinavian countries players can enjoy a special
incentive to bet on sites based in the EU, as they pay no taxes on
winnings. Any amount won outside the EU is subject to a 30% tax.
DENMARK
Similar to some other countries in Europe such as France and Italy,
Denmark is also taken off the shell from its state run monopoly on
sports betting. This means that outside players can also take part in
the proceeding inside Denmark. The downside for Danes is that they will
have to pay a inflated 45% tax on winnings, which is hampering the
growth of sports betting sites in Denmark.
GREECE
Online sports betting and gambling, is recently termed legal in Greece.
Greek players will have to pay a flat 10% tax on all online gambling
winnings.
Few people pay taxes on winnings
That said, the majority of punters do not pay taxes, because the most
winnings are credited to foreign ewallet (Skrill, Neteller, Paypal...)
beyond the jurisdiction of the local laws.
Online betting companies are expanding their operation to different
countries in the world in search of different markets they can target to
maximize their profits. The sports betting fans are the only beneficiary
in whichever way you look at it. The rise in competition in the sports
betting industry will give the sports bettors more choice.
Complete List of Bookmakers
How does it work?
Detect your ideal bookmaker and click on its logo.
Visit bookmaker review page and check if your country is supported.
Check if there is an url for your country or click on the official website.