Gone are the days when you had to run to the nearest local bookmaker to bet. If you love betting, then you will definitely love everything that sports betting sites in Greece have to offer! Bet on everything from football, basketball, American football, horse racing, F1, tennis, and anything else you can think of.
When it comes to online betting, Greece loves to bet! Players flock to betting sites to bet, and the number of players is growing every year as betting companies become more popular.
However, there are some features that are specific to this area that you should be aware of before attempting to bet online. Whether you want to bet on fantasy sports, horses, tennis, or anything else, knowing where to do it and how is vital to enjoying the best online betting experience.
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Is Online Sports Betting Legal in Greece?
Sports betting is legal in Greece, both online and in land-based bookmakers. Due to the lack of legislation, as well as EU involvement, players can access both national and foreign sports betting sites in Greece.
The first official sports betting that Greece saw was many years ago and has been controlled by the Football Prediction Organization (OPAP) since 1958. The organization based in Athens was a fully state-owned company for the beginning, and beyond its control sports betting was also responsible for gambling activities.
When online sports betting became more popular, OPAP was the only legal provider in this sector. In fact, the organization was given exclusive betting rights in 1996. These were to expire in 2020 but were renewed until 2030. The “fortress” of OPAP in land and online betting led it to be one of the largest betting providers in the world. In particular, online betting has led to an increase in online casinos and poker rooms, which in turn has led to an increase in visits to betting sites.
When the government saw the increase in sports betting, Greece enacted some hastily enacted laws in 2002. The goal was to crack down on sports betting but the legislation was so badly worded that it put betting companies in the same category as videos, entertainment, and other electronic games. All laws applied to everything.
When the Greek economy was hit hard by a number of events in 2010, the government was forced to repeal laws that wiped out the growth of the legal online betting market since 2002. This led, in 2011, to 24 temporary licenses to international online betting providers. The idea was to operate these betting providers for the interval, as long as the new laws were formulated correctly. Things looked better for the providers and fans of sports betting in Greece!
Then, in 2012, all progress stopped. It was decided that all decisions of 2010 and 2011 should be annulled, in essence, and that OPAP’s monopoly on land-based and online betting should be maintained. However, this provision has been a concern in the European Union and to bookmakers around the world in the past and has been addressed head-on this time.
It was not the first time the European Union used its influence on the betting situation in Greece in 2013, but it was perhaps the most effective. Stating that OPAP’s monopoly was illegal, it forced the Greek government to sell its controlling stake in a private investment firm and remove OPAP’s tax-free status. You may have imagined that with the loss of revenue it suffered, the government would be willing to welcome as many bookmakers in Greece as possible. This, however, did not happen in this case. Following the decision of the European Union, there were no moves to attract new betting companies and the players themselves did not show any serious interest.
Those who were granted a temporary license in 2011 remain. They cover almost every sport you can imagine, just as they do in every country that is present. You can bet on football, tennis, horse racing, and much more even in less popular sports like Snooker or Darts. In addition to the other licensed providers, for online sports betting in Greece you can also choose offshore betting companies. Without regulations, legislation has become vague. It works well for Greek players because they have so many great options! The only problem with this, although they are welcome to bet online, accessing support in Greek can be difficult.
Also, the tax laws changed for betting lovers in Greece after 2013. Instead of a fixed percentage of 10% on all winnings, a staggered system was created. The aim was to encourage the smaller players who otherwise could not bet anything, so any winnings up to €100 are not taxed at all. Profits from €100 to €500 are taxed at 15%, and anything over €500 is taxed at 20%. If you use offshore sports betting companies, of course, there is no tax framework, and paying the winnings is your responsibility. Whatever you bet, it should be easy to do it in Euros and use credit cards and e-wallets.
Even if you are one of those who see betting simply as a fun pastime, you should set strict criteria in choosing the sports betting site in Greece to play. Each bet costs a small or large amount depending on your preferences and you should be absolutely sure that you are playing legally and safely. Especially new players when registering for online betting should know what are the elements that distinguish large companies from platforms of unknown origin and reliability. See what players need to look out for before opening an account at an online betting company in Greece.
The legal framework around online betting is strict in Greece and the sanctions are quite severe. For this reason, before choosing a betting company for your game, make sure that it is included in the list of legally licensed companies. Participation in illegal bookmakers is strictly prosecuted and you would not want to be involved in adventures. Also, make sure that it has all the documents that will certify a safe and reliable game.
Most players choose online bookmakers for their bets mainly because they offer a variety of options. It is a fact that online betting platforms have a wide range of sports and hundreds of bets in every match. The options are many and the player has the opportunity to find value bets for his coupon.
Pay special attention to the returns offered by each company. It is best to research the market before making a decision on which ones offer the lowest rake. Try to open an account with more than one company and take advantage of the differences in the odds given before or during a match.
Live betting is one of the most popular services on the market today. Make sure the company you choose has live betting and try the technical features that come with it. There are differences both in the bets offered by each company and in the appearance of the respective page.
Live Streaming is another parameter that should concern you during your choice. The transmission of the matches through the betting company will help you to form an opinion about the development of a match by placing your bets accordingly.
Mobile betting has become very popular in recent years. Basic choice for players who do not have free time to spend in front of their computer screen but want to bet from anywhere and anytime they want. A service that you would definitely like your sports betting site in Greece to support.
Check if the betting sites you have chosen operate in Greece and offer the payment method you intend to make for deposits and withdrawals. Also, when choosing a sports betting company, check the odds, the sports they offer, the bonus and the bonus type, the minimum deposit, the withdrawal time, and the withdrawal limit. You can use the guide provided above or simply pick any site from our list of the best sports betting sites in Greece for 2024.
To be able to bet at a sports betting site in Greece, you definitely need to register with your real data. Do not use false information because the company will forward information about you and your identity, and in the future, you will not be able to open accounts on other betting sites.
It only takes a few minutes to open an account on the betting site. “Join” or “Register” are the two basic terms that will invite you to open an account where a simple form to fill out will appear. When asked for personal information, make sure you have the information exactly the same as the one you wrote on your ID or passport. Email should be active as after the registration process, you will receive an email with a verification link which you have to click.
Enter the exact address of your place of residence and make sure that you have received your energy bill or bank invoice at this address so that when, for example, a betting site (not all) sends you an email with a verification code, you have the opportunity to confirm your identity.
An active phone number would also be required, as you may need it later if you forget your password. Try to make your password as difficult as possible, as there have been cases where your personal account data is stolen.
At the end of the registration process, you will be asked to click Terms of Use, read the data on this page which clearly explains your legal relationship with the company, and in case of disagreement, you can complain to the competent authorities to obtain your right. Accept Terms of Use once you have opened an account on the betting site.
It is a process required by all online betting companies. Each company has its own preferences regarding the type of document required, but the most commonly used ones for verification are:
Before you can withdraw money from your betting site account, you must successfully complete this verification process. Failure does not allow you to win profits and withdraw money.
Your account is now all set up and it’s time to place some bets. First, deposit some money which will be used for betting. You can find various deposit and withdrawal options, depending on a sports betting site in Greece. Select the one that you find most suitable. Choose the amount you wish to deposit and confirm.
Depending on the deposit method, your funds will arrive shortly, and once present, you can use it to place bets. Select sports and markets you wish to bet on, create your betting slip, and pay up. Your betting slip will be present at all times while creating it and you can see the odds and final earnings on it before finalizing the bet. When satisfied, confirm your bet, and hope for the best.
The dominant sports in Greece are football, basketball, volleyball, water polo, and tennis. They are also widely available for you to watch through TV or via the internet. Because the specific sports that Greeks love are basically the most popular in the world, that means there are many opportunities to bet on them.
Most bookmakers in Greece provide a big number of matches, considering that this improves their chances to make money. However, in reality, the opposite is what matters. THE quality of bets increases the chances of success and not a large number of bets. In other words, the fewer bets we make, the higher the quality is usually our choice. Everything is to be selective, to have studied, and to know exactly what he is betting on.
Whatever we know about a particular sport, it is impossible to constantly make good estimates when we are actually trying to predict what will happen in each of the available matches separately. On the contrary, when we are selective and correct our choices, our chances of finally making good choices increase dramatically. Note that every day there really are hundreds of options on which we can bet.
There are so many markets on the internet now that it is difficult to name them all. Instead, below you will find explanations of the most popular betting markets offered by betting sites in Greece.
A bet predicting the halftime and final match outcomes, offering higher payouts but being more challenging than single bets.
A wager that allows you to cover two out of three possible outcomes in a sports event, reducing your risk but offering lower odds.
A wager on whether the total number of points or goals scored by both teams will be over or under a specified number set by the bookmaker.
A bet focused on the number of goals scored in a match, it can pertain to total goals scored, or goals scored by a specific team.
A bet that gives one team a virtual advantage or disadvantage, leveling the playing field and altering the odds.
Sports betting sites in Greece offer welcome bonuses to attract new customers. However, be sure to choose your bonus wisely and accept only offers that match your betting style and the event you are betting on. Some bookmakers offer multiple types of bonuses to attract new players. Free bets, deposit bonuses, and cash-back are popular bonuses in Greece. When you’re new to betting, the best betting sign-up bonuses will give you an incredible start-up boost.
A bonus provided to new bettors when they first register with a betting site. Typically includes free bets or a matched bet based on their first deposit.
A bonus that offers a certain number of free bets based on various criteria like deposit amount, betting patterns, or promotional offers.
A bonus that returns a percentage of a bettor's losses over a specified timeframe. This helps mitigate some of the risks associated with losing bets.
A bonus tailored for VIP bettors with unique perks and benefits. Perks might include personal account managers, exclusive betting offers, and faster withdrawal options.
What Is the Best Payment Option for Greek Players?
When betting at national sports betting sites, it is good to use bank cards, such as Visa and MasterCard as they are safe and generally don’t include fees, although are quite slower than electronic payments. E-wallets are perfect for fast and secure transactions, especially when betting at foreign betting sites.
There are several payment methods for betting companies in Greece and the good thing is that most of them are free. Usually, with Mastercard and Paysafecard you can only make deposits, but for withdrawals, you will find more options. The most popular ways of trading in Greece are the following:
All forms of gambling are legal in Greece.
There are many national gambling houses that are quite safe to access. Additionally, Greeks can access many foreign gaming houses as well. Here, it is necessary to look for licenses and a good reputation.
Sports betting is very safe in Greece. All it takes is to find a reputable and legal bookmaker, which is quite easy.
There are no general limits set by the law. All limits will be set by bookmakers themselves, as well as deposit methods. Read carefully what both state before choosing either.
Yes. Any winnings up to €100 are not taxed at all. Profits from €100 to €500 are taxed at 15%, and anything over €500 is taxed at 20%. If you use offshore sports betting companies, of course, there is no tax framework, and paying the winnings is your responsibility
When a betting slip is won, the winnings will be transferred to your account within moments. After that, the choice of your withdrawal option will determine how long it will take to get your winnings into your pocket. E-wallets take around 24 hours, bank cards around 2 days, and bank transfers around 5 days.
When it comes to sports betting sites in Greece, there are many options to choose from. Comparing bookmakers is essential and going for the best one based on your needs is recommended.
There are dozens of sports available, such as football, basketball, tennis, volleyball, moto races, eSports, etc.
Football is the most popular sport at bookmakers, followed closely by basketball, and even tennis.
Odds are presented in decimal numbers. The lower the number, the higher the chance of the outcome happening. Adding odds from different matches will create the final odds, and those are multiplied by the stake amount (4.5 x 100e = 450e).
Many bookmakers will offer free bets. They can come either as welcome bonuses or regular promotions. Either way, claiming them whenever possible is highly recommended.
It is necessary to register at an online bookmaker. After creating an account, a welcome bonus will be available. Sometimes it is necessary to deposit first or enter a promo code, but sometimes neither is necessary.
There are some centers in Greece that offer help for gambling addiction, such as Marieva Help Center, Remedy Wellbeing, or Tripnotherapy.
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