Is horse betting on the Internet legal or not? Of course, you should ask yourself this question first before you place your possible bets on the horse races of this world. Right at the beginning of our guide, we can tell you that you do not have to fear any legal consequences if you want to place your horse bets on sites like Slot Gacor. However, the legal situation in Germany is quite idiosyncratic. We, therefore, recommend that you study our following article very carefully.
Horse betting on the Internet: these are the most important facts
- Horse betting is hugely popular
- Not every bookmaker offers the horse bets
- No legal problems with reputable providers
- Betting tax is an important issue
- Many betting options are available
Legal situation: Is horse betting on the Internet legal?
To find out if horse betting on the Internet is legal, we need to look a few years into the past. More precisely in the year 2012. This year, the State Treaty on Gambling was adopted in Germany, which was to regulate the granting of licenses to bookmakers for horse betting and regular sports. In theory, this is a very important and sensible step, but in practice, the ill-considered approach of the planners has revealed some problems. Probably the most serious of these: The conditions created in Germany were not compatible with applicable EU law. The reason: The German state would have liked to keep the monopoly on gambling, Internet betting in Germany, and lotteries, but the EU directives provide for something else here. Long story short: In the sense of the German State Treaty on Gambling, horse betting was actually not legal, but this treaty was overruled by applicable EU law.
In the meantime, it is also the case that the State Treaty on Gambling has been declared invalid several times and therefore there is no real handling. As long as the legal framework does not clearly say otherwise, horse betting on the Internet is legal. If you want to place your horse bets online, you do not have to expect a visit from the police or prosecutor’s office.
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What is the significance of the sports betting tax in this area?
Also in the course of the State Treaty on Gambling, the so-called sports betting tax was introduced in 2012. This law stipulates that a bookmaker must transfer a tax of five percent on the stake to the state for all bets placed in Germany. This rule is of course binding and must be implemented by every horse betting provider. If a bookmaker does not pay a tax in Germany, it is guaranteed not to be a legal offer and you should neglect it as quickly as possible. At the same time, it is also important to mention in this context that not all betting providers treat the tax equally. While some bookies let you pay directly, other providers take the tax out of their pockets. So even if no deduction is made on your bets or winnings, it may be that the bookmaker pays his tax quite regularly. In case of doubt, a conversation with customer support will provide clarification.
Why should I place horse bets online at all?
At this point, one or the other tipster may wonder why the horse bets should be placed online at all. After a short research, however, this question can be answered, as numerous aspects speak for horse betting on the Internet. For example, an incredibly large selection is offered online, which allows bets on different events from all over the world. So there is not only the Hamburg derby but also bets on events in Australia, South Africa, France, and the United States. Suitable betting odds should therefore always be found, especially since you also benefit online from the large availability of the portfolios. You do not have to orient yourself on opening hours or the like online with a horse betting provider, instead,f you can place your bets every day at any time. This is enormously pleasant, and of course, you also save yourself the way to a betting shop or to the next racetrack.
Other advantages that speak for online horse betting are the sometimes impressive limits of the betting providers. If you legally place horse bets on the Internet with a bookmaker, you can in some cases collect winnings in the millions. Thus, the betting limits are usually significantly higher than when betting in a betting shop or directly on the racetrack. By the way, it can also be mentioned that you are not always tied to your home computer when betting online. The majority of all bookmakers also provide their portfolio as a mobile version, so that you can place your bets on the go with a horse betting app. One more thing: Only online you can look forward to one or more bonus offers from the betting providers, which are spent, for example, on your first deposit or your loyalty as an existing customer.