Greatest German Betting Sites — Online Betting in Germany
Population: 82.000.000
Active players: 47.000.000
Currency: Euro
Regulated gambling products: Sports betting, horse races, lotteries (all state-run), sports gambling, poker & casino games licensed at Schleswig Holstein before 2021
Operator forms : State-run betting shops, land-based casinos, foreign bookmakers & online casinos Designated authority: Online betting Isn’t controlled (besides Schleswig Holstein)
Reputation: No Real restrictions on foreign bookmakers
Germany is one of the nations that are most prosperous in regards to soccer and also the largest market in the European Union. Its long history in sports wagering means that players love to put their bets on a regular basis, with about 60 percent of them punting at least one time each week. Regardless of being a liberal society with fertile ground for online betting, in the past few decades the government has tried to apply a state-run monopoly on wagers favouring the local company ODDSET. In 2010 this attempt was met with staunch opposition from the many German gambling sites, both local and overseas, leading to a ruling of The Court of Justice for the European Union, which has enabled German punters to freely bet on almost any overseas website. This period of no”rigorous” gaming framework will last until 2021.
Bet in Germany — 5 things to understand No bookmaker retains a license in Germany (aside from a few in Schleswig Holstein, like bet365, Betfair, Bet-at-home and Ladbrokes)
Many betting shops are controlled by the state-run ODDSET, using a few companies retaining a position in the market like Tipwin and Tipico Minimum legal age to gamble is 18-21 Based on the state you’re Living in The stage from the regime has been extended to 2021 and might go to 2024
The country imposes on players A 5% tax. Some bookmakers have taken it on them
Read more: newyork-info.com