Best Betting Providers Without Tax – Tax-Free Bookmakers in Germany
Recently, bookmakers without betting tax have become very popular in Germany. This is because bettors do not have to pay any additional tax costs for sports betting. In this article, we will give you an overview of the bookmakers without betting tax in Germany that are most popular among users.
Top Tax-Free Betting Providers 2024
Let’s review the tax-free betting providers included in today’s analysis:
Bookmaker Name | Average Rating |
1xBit | 94/100 |
Bet365 | 91/100 |
Bet3000 | 90/100 |
Bwin | 87/100 |
Interwetten | 85/100 |
Below, we provide more details about these betting platforms, enabling you to compare them and determine if tax-free betting suits your needs.
In-Depth Look at Tax-Free Betting Providers
1xBit
1xBit is a well-known bookmaker that began operations in 2016. Licensed in Curaçao, it operates legally and primarily uses cryptocurrency (Bitcoin, Ethereum, Litecoin, etc.) as its main payment method. This ensures secure transactions, leveraging blockchain technology, and offers advantages in countries with less stringent gambling regulations.
Key Features:
- Sports betting options available for both pre-match and live events.
- Offers welcome bonuses and promotions for active users.
- Accessible via desktop and mobile devices.
Advantages:
- Cryptocurrency transactions for secure payments.
- Anonymity through blockchain technology.
- Diverse sports options, including traditional and cyber sports.
Disadvantages:
- Limited high odds for certain sports.
- Complex bonus wagering requirements.
Bet365
Bet365 is among the most popular bookmakers, founded in 2000. It is renowned for its wide range of sports and real-time betting options. With multiple gambling licenses (Malta, Gibraltar, etc.), it operates legally and offers significant financial advantages to users by covering the betting tax.
Key Features:
- Available via website and mobile app for both Android and iOS.
- A broad range of payment methods, including e-wallets and bank transfers.
- Robust cybersecurity with advanced encryption technologies.
Advantages:
- Competitive bonuses and loyalty programs for VIP customers.
- Comprehensive customer service available 24/7.
- No betting tax, offering financial benefits.
Disadvantages:
- Average odds compared to competitors.
- Verification processes may sometimes delay withdrawals.
Bet3000
Established in 2009 and licensed in Malta (MGA), Bet3000 is known for its wide range of sports and tax-free betting options. Its attractive bonus program includes welcome bonuses, deposit bonuses, cashback, and more.
Key Features:
- Optimized for mobile devices through a dedicated app.
- Supports various payment methods, including PayPal, Visa, and Skrill.
- SSL encryption ensures high security.
Advantages:
- Competitive odds without tax deductions.
- Intuitive interface for all users.
- Broad range of sports events.
Disadvantages:
- No live game streaming.
- Only bank transfer available for withdrawals.
Bwin
Bwin is a globally recognized bookmaker offering a vast selection of sports, including football, basketball, and e-sports. Operating with licenses in Gibraltar and Malta, it offers legal and tax-free betting in Germany.
Key Features:
- Extensive bonus offerings, including deposit bonuses and free bets.
- A loyalty program with exclusive bonuses for VIP players.
- 24/7 customer support service.
Advantages:
- Long-standing history and trust from users worldwide.
- Comprehensive betting options, including live events.
- Competitive odds for all sports.
Disadvantages:
- Complex functionality can confuse beginners.
Interwetten
Interwetten has been active since 1990 and falls under the category of tax-free betting providers. Licensed in Malta, it offers a wide range of sports, including football, hockey, and e-sports.
Key Features:
- Attractively designed bonus programs, including free bets and cashback.
- Access via website and mobile apps for Android and iOS.
- Advanced security using SSL encryption.
Advantages:
- A trusted name in the betting industry.
- Various deposit and withdrawal options.
- Comprehensive customer loyalty programs.
Disadvantages:
- Low odds for certain sports events.
How Is Betting Tax Calculated?
The following are examples of how bookmakers calculate betting taxes:
- 5% Betting Tax on Stake:
- Stake: €30 / 1.05 = €28.6.
- Gross winnings: €28.6 at odds of 1.5 = €42.9.
- Payout: €42.9.
- 5% Betting Tax on Winnings:
- Stake: €30 at odds of 1.5 = €45.
- Tax: 5% of €45 = €2.25.
- Payout: €45 – €2.25 = €42.75.
Now you know how taxes are calculated on betting stakes and winnings.
Strategies for Tax-Free Betting
- Avoid Betting with Unlicensed Bookmakers: Prevent potential issues by sticking to legal platforms.
- Compare Odds Across Bookmakers: Choose providers offering tax-free options and favorable odds.
- Optimize Bankroll Management: Allocate a set budget for betting and diversify bets across different sports and events.
Legal Framework for Betting Taxes in Germany
German betting tax laws are outlined under several regulations, including:
- Tax Code: Governs taxation principles, including betting taxes.
- Gambling Control Act: Covers licensing requirements for gambling platforms.
- Federal Tax Law for the Gambling Industry: Regulates taxes on betting and calculates bookmaker earnings.
The standard betting tax in Germany is 5% of the total bet amount or winnings.