Sports betting » Online Sports Betting in Germany
Sports betting in Germany

Germany has a culture in which gambling and betting hold a high place. However, the continuous growth of the betting and gambling sector in Germany is not consistent with the government’s tax incomes. For those more interested in financial and economic aspects, we are going to discuss them in-depth later on. We will first consider some preferences of the German bettors.

Sports Betting Germany – Popular Sports

We are talking about a nation that has won the FIFA World Cup four times, took the silver medal another four times and also finished third on four occasions. So it’s quite obvious why football is the most popular sport in Germany.

Sports betting Germany

The Bundesliga enjoys the highest average attendance in Europe, being overtaken only by the NFL. The annual participation of Bayern Munich and Borussia Dortmund in the UEFA Champions League gives German punters plenty of reasons to back up their favourite teams and enjoy a wide range of bets as well.

Out of the entire sports betting activities, almost 80% is represented by football bets. Handball, tennis and ice hockey are sharing the remaining 20%.

Online Sports Betting – Data and Demographics

The German online sports betting market, as well as gambling altogether, is in line with other European nations when it comes to growth. According to reports by the Ministry of Finance, combined with independent studies from Goldmedia, the total revenue generated by Gambling in Germany is estimated at €14 billion per year. A very big portion is credited to domestic gambling such as lotteries, land based casinos and online slots. That leaves the online industry with approximately €4 billion.

Online casino, variance

Passing a Gambling Act that will apply for the entire country is difficult because all of Germany’s 16 states have to agree. This leaves the online sports betting in a kind of limbo that favours remote operators. Although online sports betting registered a 16.6% increase in 2017 compared to 2016, this is mostly referring to a grey market that allows European-licensed operators to offer their services a lot easier.

With or without a regulated market, 49% of German adults participated in a form of gambling activity in 2017, 21% of them aged between 26 and 40 and preferring mobile sports betting. Perhaps not surprisingly, 73% out of all bettors that enjoy online sports betting are males. It is a known fact that female gamblers prefer casino games mostly.

With or without a regulated market, 49% of German adults participated in the form of gambling activity in 2017. 21% of those gambling have ages between 26 and 40 and prefer mobile sports betting. Perhaps not surprisingly, 73% out of all bettors that enjoy online sports betting are males. Ladies should not feel offended by that remark since it is a known fact that female gamblers prefer casino games mostly.

BWIN – Case Study

Many big bookmakers operate in Germany, taking advantage of the unclear gambling laws. However, some operators are taking the German market for granted; it was bwin that managed to make things easier for everyone.

After getting the full attention of the German authorities by having many users on its online sports betting site, bwin was restricted from operating in Germany. A lawsuit followed, and a German court ruled in favour of the Austrian bookmaker, allowing them to accept customers for both online and offline sports betting in Germany.

This court ruling made the German authorities’ efforts to deliver a new Gambling Law even more difficult. Moreover, this meant that all the major operators were now convinced they could safely offer their products to German punters without risking fines or being banned. This is the reason why the gambling in this country is still referred to as a grey market.

Best bookmakers in Germany

Top Bookmakers in Germany

Bet365

After mentioning the big victory of bwin over German authorities, you might think that they were going to be our first recommendation. Well, they do offer outstanding services, however, bet365 are simply better.

Pros

  • Over 20 years of experience;
  • Excellent in-play betting platform;
  • Awesome for football bets;
  • Cash out option;
  • Good variety of markets.

Cons

Bwin

An exceptional bookmaker that stood their ground when things were tough and got rewarded with the recognition of being the first big bookmaker to operate in Germany. Bwin is perfect for any punter, has an excellent agenda of sports and bonuses, as well as very appealing odds.

Pros

  • Diversity in payment methods;
  • Fast withdrawals;
  • Excellent bonus system;
  • Great mobile platform.

Cons

  • No free live streaming;
  • Certain withdrawal methods charge a fee.

Interwetten

Interwetten is a pioneer when it comes to online betting.  This Austrian-based bookmaker was the first to offer betting via telephone and maintained their position over the years with countless satisfied users around the world.

Pros

  • Great betting markets;
  • Live streaming for all the important events;
  • Live betting;
  • Extremely user-friendly.

Cons

  • No live-chat;
  • Limited withdrawal methods.

See also:

Online Sports Betting in Australia

See also:

Online Sports Betting in Italy