There are over 81 million people living in Germany and most of them are avid sports fans. This translates directly into Germany being one of the top sports wagering markets in the world. The capital, Berlin, has a population of over 3.6 million people which makes that city a bigger gambling market than many other jurisdictions. One of the issues that the German sports betting industry is dealing with is that there is a state monopoly on sports gambling. Oddset is the entity that has exclusive rights over the industry. Recently, the European Union declared that this monopoly is illegal and Germany is now being forced to amend their gambling laws.
As it stands, German punters are able to place bets with foreign operator even though most of those operators are unlicensed in the country. Neither punters nor the operators face prosecution. OddSet still retains a monopoly inside the country but are sharing the market in reality. It appears only a matter of time before German sports betting laws are changed and more licenses are given to operators.
Top 10 Betting Sites for Germany
What are the Best Sports Betting Sites and Bookmakers for Germany?
Online sports wagering companies are aggressively moving in on the lucrative German wagering market. Competition among the bookies is fierce as they try to give German punters a better alternative to the state-run OddSet. There are many options for punters to select from when it comes to choosing a top-rated bookmaker. The world’s most reliable brands such as Marathonbet, and SportingBet have broken into this market. William Hill, Expekt, and Betsson are some of the other industry heavyweights that are trusted by German punters while Bwin has become one of the country’s favorites. Because many of these companies do not have to pay German taxes, they are able to offer better odds than OddSet which puts the state-run operation at a distinct disadvantage.
More German bettors are also turning to respected bookmakers like Stan James, and 888. All of these bookies offer competitive odds margins on the widest range of wagering markets while offering top quality customer service, fair play, player protection, and the latest options like live wagering and live streaming events.
What are the Most Popular Sports in Germany?
Germany has a very long and colorful history and sports are a part of it. They are always a force to be reckoned with at the summer and winter Olympics and the country has produced many successful athletes. Germans enjoy auto racing as well as alpine and water sports. Cycling, golf, tennis, and handball have a large fan base as do basketball, ice hockey, and boxing. Not surprisingly, soccer is the sport that attracts the widest audience and the most amount of betting action in Germany.
Is Online Sports Betting Legal in Germany?
The fate of internet sports betting in Germany is currently being resolved. The European Union declared that the current monopoly is illegal and Germany has been ordered to alter their policies. German punters still enjoy OddBet but more and more are being lured away by foreign operators. Players and operators appear able to carry on without the fear of prosecution. Punters can look forward to Germany issuing licenses to online operators soon.
Are there Any Sports Betting Bonuses and Free Bets for German Players?
Free bets and cash bonuses are common tools that are used by the online sportsbooks and with such a huge market to tap into; German punters are being offered all kinds of bonuses and incentives from the top-rated online bookmakers. Ladbrokes is one of the biggest bookmakers on the planet and they are offering up to €60 in free plays as is BetFirst. You can claim €100 in free wagers at Efbet and BetVictor.
Have a look at Gambling judge’s promotions section for more hot offers from your favorite and most trusted online bookies.