The sports betting world

Sports betting is one of the most popular forms of online gambling. The vast majority of bets are real money bets, so players should be aware of the legal status of sports betting .

• Legal status of sports betting in the United States
• Legal status of sports betting in the United Kingdom
• Legal status of sports betting in Spain
• The legal status of sports betting in Germany
• The legal status of sports betting in France

Sports betting is a multi-billion-dollar industry around the world, with people logging on daily to place bets on their favorite teams, matches and events. So, you’re probably asking yourself, “Where can I legally bet on sports?” This page will answer that question, as well as inquiries you didn’t even know you had! We can’t read your mind, but we can explain legal online betting and the regulations that are in place to ensure you have a great betting experience, whether you’re in the United States, Canada, Europe or anywhere else around the globe.

Sports betting law is a confusing and complex subject, because every country has its own legislation relating to sports betting. The majority of this legislation fails to make it clear exactly what’s legal and what’s not, especially when it comes to ONLINE sports betting.

The legal status of sports betting has changed several times over the years in some countries. The important factor is in which country you reside . I will make your life easier by explaining the current legal status of sports betting in your country. There are countries that provide licenses and regulate online sports betting sites. Fair and safe service is provided by the regulations of these operators through national agencies.

A sports bet consists of betting money on an event during a sports meeting. There are many types of bets, the simplest of which are to bet on the victory of a specific team . Each bet has a odds and it is this that allows to know in advance, depending on the amount wagered, the amount won if the event occurs.

Is Online Sports Betting Legal?

The legality of online gaming changes from country to country. For example, in Canada there are no laws against betting. However, in the U.S., each state is in charge of creating their own regulations. Many countries around the world do allow legal online sports betting sites to operate in their country, with many reputable companies setting up shop there. Below you’ll find a list detailing legal sports wagering by country.

Legal status of sports betting in the United States

Currently you can bet on sports online in Delaware, Nevada, New Jersey, Pennsylvania, Tennessee and D.C. – not a state, but considered one for the purpose of online betting regulation. Legislation is currently underway in other states, expected to pass in late 2019. Unfortunately, if you reside in the parts of the United States where betting isn’t legalized, you cannot bet online. Look for states like Rhode Island and West Virginia to pass laws in favor of legal sports betting in the near future.


Legal status of sports betting in the United Kingdom


The UK is probably the best place in the world for online bettors and overall is a very friendly place for online gaming.

The country has put in place an infrastructure to regulate online gaming sites and the government has been very active in updating its gaming laws and taking into account ongoing changes. If a site wishes to advertise its services online or via television, the company must have a remote gaming license issued by the UK Gambling Commission in order to do so.

The situation is great for customers, as they do n't have to pay taxes on their winnings or wagers wagered . This includes games like poker and casino. The operators and businesses that own sports betting sites are the only ones to pay taxes .

Legal status of sports betting in Spain


A legislative change was initiated in 2012, when the Spanish government decided to regulate online operators and also put in place sanctions for organizing or assisting illegal gambling.

Today, 70 fully licensed online game operators exist in Spain. In 2014, online bookmakers like Betfair decided to introduce a betting exchange for the Spanish market. Even if the betting markets are rather small, we are witnessing an increase in volume and liquidity.


The legal status of sports betting in Germany

The legal status of sports betting in Germany is very complicated, to say the least.

Online casinos and online sports bookmakers were effectively banned under the Interstate Gambling Treaty in 2008. The only exception is the bet on horses, which remains legal. The treaty allowed the German government to ask internet service providers to block access to online gaming sites and to prevent German banks from transferring funds to gaming companies. Many gaming companies and official bodies believe that the treaty violates existing European legislation.


The legal status of sports betting in France

You have won nice sums thanks to sports betting, and you wonder if your winnings are taxable? You're at the right address ! For you, I took stock of the issue of taxation and the taxation of winnings for sports betting in France .

Regarding the taxation of winnings on sports betting in France, it is the judgment of March 21, 1980 which is still authoritative today. It states that: " the practice, even usual, of games of chance such as lotteries, raffles or various games, does not constitute a gainful occupation or a source of profit which should give rise to taxation on behalf of the persons participating in these games . In other words, bettors do not have to report their winnings, which are not considered income, even if they are greater than their other income.