Your Ultimate Guide to Crypto Betting in Germany
Choosing a German crypto bookmaker
According to the World Gambling Report, Germany is one of the ten countries with the highest gambling revenues.
The tax burden and average offerings of licensed gambling websites leave Germans with limited options when it comes to picking a gambling website, regardless of the regulation allowing offshore operators to get local licenses.
That is why players prefer bitcoin gambling sites where they can play more games, get better bonuses, and make instant transactions with low fees.
The Bookmakers website presents the best bitcoin bookmakers that accept players from Germany.
When compiling the rating, the following was taken into account:
- Availability of a license, in this case a local one, as well as countries from the offshore zone.
- Availability of the ability to open an account in cryptocurrency.
- Time to process bets and accept applications for withdrawal of winnings.
- Availability of a support service and methods of communication.
No less important elements in compiling the rating are reviews of real players and the availability of mobile applications, which simplifies the system of working and accepting bets online.
Conclusion:
While Germany's regulatory environment is tightening, there are still several
reputable crypto bookmakers accessible to users in Germany.
Always ensure that you're aware of the legal situation in your region, as gambling laws may evolve, and make sure to choose platforms with
good reputations and secure crypto payment options.
FAQ about betting in Germany
If you're looking for a general
FAQ about betting in Germany, here are some common questions and answers related to the legalities, practices, and popular betting options in the country:
Is betting legal in Germany?
Yes, betting is legal in Germany, but it is regulated by specific laws.
Online sports betting and other forms of gambling are allowed, but operators must obtain a license from the German authorities to offer their services to German residents.
What are the legal requirements for betting in Germany?
In Germany, online gambling and sports betting are regulated by the State Treaty on Gambling (Glücksspielstaatsvertrag).
This treaty requires that operators have a license to offer betting services in the country.
The legal age for betting is 18, and bettors must only use licensed platforms to ensure they are following the law.
How do I know if a betting site is licensed in Germany?
Licensed operators in Germany will usually display their licensing information on their website.
This often includes a reference to the
Regulatory Authority of the State of Schleswig-Holstein or the
German Federal Gambling Authority (GGL).
Always look for secure and reputable sites to protect your personal and financial data.
Are there taxes on winnings from betting?
Yes, in Germany, gambling winnings are generally tax-free for individual players, including sports betting, poker, and casino games.
However, the operators must pay a tax on revenue, and this can sometimes affect the odds or margins of the bets.
It's always a good idea to check the tax laws specific to your situation, especially for large winnings or professional gambling activities.
What types of betting are allowed in Germany?
Sports betting is by far the most popular form of betting in Germany, with football (soccer) being the dominant sport.
Other forms of betting, such as horse racing, virtual sports, and casino games, are also available. In addition, Germany also allows
lotteries and
online poker on licensed platforms.
How do I place a bet in Germany?
You can place bets both online and in physical locations (like betting shops).
Online betting can be done through licensed websites and mobile apps.
For physical betting, many cities have betting shops and kiosks where you can place bets on various sports, including football, tennis, basketball, and more.
Are there any restrictions on betting in Germany?
While betting is legal, there are some restrictions:
- Advertising: Betting operators are prohibited from advertising their services excessively, particularly during times when minors are likely to be watching (like during children's TV programs).
- Betting Limits: Some licensed betting sites may impose limits on the amount you can bet per day or week to promote responsible gambling.
- Betting on credit: It’s illegal to bet on credit in Germany. All bets must be placed with funds you already have in your account.
What is the minimum age to bet in Germany?
The legal minimum age for betting in Germany is
18 years old.
Can I bet on foreign websites while in Germany?
It’s legally gray.
While betting on foreign websites is technically not illegal for German residents, the German government strongly encourages using licensed, German-regulated platforms.
Some foreign sites may accept German customers, but they could face legal risks if they aren't properly licensed.
Always ensure the site is compliant with German regulations for safer and more secure betting.
What is the most popular sport for betting in Germany?
Football (soccer) is by far the most popular sport for betting in Germany, largely due to the country’s strong football culture and the success of leagues like the Bundesliga.
Other popular sports for betting include basketball, tennis, and handball.
Is there a way to self-exclude from betting in Germany?
Yes, Germany has provisions for responsible gambling, including self-exclusion programs.
The
OASIS self-exclusion register allows players to voluntarily exclude themselves from gambling platforms.
This helps prevent gambling addiction and ensures players are not able to access gambling sites for a specified period.
Are there any online platforms for betting in Germany?
Yes, there are numerous online platforms where you can place sports bets.
Some of the most popular, licensed betting platforms in Germany include:
- Bet365
- Tipico
- Bwin
- Unibet
- Ladbrokes
- Betway
Can I bet on eSports in Germany?
Yes, betting on eSports is legal in Germany, but like other forms of online gambling, it must be done through licensed operators.
Major eSports events and tournaments such as
League of Legends, Counter-Strike, and
Dota 2 are popular for betting in Germany.
What is the best way to ensure I’m betting responsibly in Germany?
There are several steps you can take to bet responsibly:
- Set a budget for betting and stick to it.
- Avoid betting with money you cannot afford to lose.
- Use the self-exclusion tools available on many betting sites.
- Seek help if you feel gambling is becoming a problem. Germany has a number of organizations that can provide support.
Are there any restrictions on online poker in Germany?
Online poker is allowed in Germany, but like other forms of online gambling, it must be provided by licensed operators.
The
State Treaty on Gambling includes provisions for online poker, and some international poker sites may accept German players as long as they meet regulatory requirements.