► Online Sports Betting in Europe
► Current situation in Europe
► How to open a betting account
► Deposit payment and withdrawal
► European Sports Betting Sites
Online Sports Betting in Europe
Betting in Europe is
a very interesting topic and 10 pages would suffice to make
a detailed and in-depth analysis on online betting sites.
Europe is the biggest market for the collection of bets,
each year generating profits in excess of 500 billion
dollars, a figure so high that it is easy to understand why
this market is constantly evolving and attracting investors
from around the world. It is impossible to speak of a single
European market since, over the years, the states have
introduced national laws to protect local operators and earn
profits from their taxation. Some countries use censorship
of the website that do not possess a national license.
It should be known that there are two types of bookmakers
in Europe:
local ones, authorised by the government, and the so-called
international .COM ones, licensed in foreign countries. The
good news that it is perfectly legal to bet on either, with
there being no penalties or fines for bettors.
Largest Markets in Europe and local laws
The largest markets are the UK, Italy and Germany. The
governments of these countries are facing the situation in
different ways. Recently, the British government has been
protecting the market, forcing many operators that are based
in the United Kingdom to create a special website with a "co.uk"
extension. The market is dominated by Bet365, William Hill
and Betfair which, over time, have expanded around the
world, whilst others such as Coral and Betfred have
continued to work exclusively in the UK, demonstrating that
owning a small slice of the market in this nation generates
substantial profits.
The situation is different in Italy, given that the Italian
Government adopts censorship methods for all bookmakers that
do not have a local license (AAMS). After years of battling,
many historical operators (such as Bet365, Betfair and
William Hill) have adapted to the Italian law and
transformed their site into .IT!
This contrasts with the strategy of bookmakers licensed in
Curacao that, despite their sites suffering censorship every
three months, are still able to operate because they provide
alternative links, as is the case with 1XBET and Betrally.
In Italy, the true leader in bet collecting is PlanetWin365,
being in possession of several betting shops around the
country and having a website visited by over 1 million
Italians each day!
France and Spain resolves without
censoring
The Italian situation is an anomaly among
large governments. Where Italy censors foreign websites,
whilst France resolved its issues at the outset. The French
have signed an agreement with the licensors that compel
bookmakers to eliminate France from their options at the
time of registration. It 's very rare to find a .COM
bookmaker that accepts French punters. All the others have
transformed their site into .FR Among the leading bookmakers
in France are Unibet and Bwin, which are licensed to operate
online.
Spain has a similar situation, where the usual big
British operators have the market in hand. We're talking
about Bet365, Betfair and William Hill, flanked by 888sport
and Planetwin365.
The betting situation in Europe
The important markets without serious
restrictions are Germany, Poland and Sweden. Bet365 has been
a leader in these nations for years, but had to yield parts
of the market to the emerging 1XBET and Planetwin365. The
situation is different in Turkey, a great country of
gamblers and a rich market. Here, the government censors
bookmaker sites, just as occurs in Italy. The Netherlands,
rather, is a country presenting huge potential in this
sector. Few bookmakers offer their website in Dutch, with
the limited number who have decided to support this language
- being Unibet and 1XBET - enjoying raking in much
satisfaction.
Near the Netherlands there is Belgium, where the government
has established international agreements that limit the
ability of opening accounts for those who gamble online. As
such, the local bookmaker Betfirst, grew to be market leader
in this country in no time at all. Important markets that
have suffered from the restrictions are Portugal, Greece and
Romania. In these countries, the very same Bet365 has been
the leader for years, however specific bookmakers have
recently been establishing themselves in this marketing.
This is the case for Betrally in Portugal, Sportingbet in
Greece and Unibet in Romania.
The Balkan market is
undergoing a phase of strong growth, seeing the number of
bettors using the internet to play online doubling yearly.
Among the leading bookmakers there are PlanetWin365 and
Favbet, being very popular in Croatia!