Czech Republic

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Czech Republic

If you want to find the best online betting sites in Czech Republic, then you are at the right place. Our comprehensive guide will tell you everything about gambling online in the Czech Republic which include an overview of local gambling laws and a comparison between domestic and foreign operators.

Best Betting Sites in Czech Republic

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Long list of sports covered In depth coverage of every sport Extensive live betting options You can play poker on two different networks
Flag of Czech Republic

It is legal to bet online in the Czech Republic. On 1st January 2017, the law was amended so that players could use offshore operators from European Union (EU) and European Economic Area (EEA).

Act No. 186/2016 Coll replaced Act No. 202/1990 Coll, which deals with issues such as lotteries, sports betting, bingo and others. The law was enacted after the European Commission initiated an infringement action against the country for not allowing EU operators in Czech Republic.

In the Czech Republic, gambling is regulated by the Ministry of Finance, municipalities and customs. The Ministry of Finance grants gambling licenses. A company must obtain a license before it can offer legal online betting services in the Czech Republic. Even though the basic license cost €200 only, there is an additional requirement for the organization to open a security deposit.

How Taxes Affect Czech Betting Sites

2017 saw the Czech court’s controversial decision to allow ISP-blocking of unlicensed online betting sites. This is on top of what many believe are exorbitant levies in the sector, 23% sports betting GGR plus 19% standard corporate tax.

This is a challenge for most companies, which makes them not to provide sports betting, or only a few firms in the market actually doing so. Fortuna are probably the most famous, with Chance, Sazka, Tipsport and Synottip also accepting bets.

When you combine all these aspects, it’s quite understandable that some people might be finding hard to determine whether the best bet would be at a licensed betting site within the Czech Republic.

However, like always, these situations are mainly due to the sites involved than people who play on them. If you go to any of the leading Czech Republic online betting platforms they will be responsible for paying taxes and other charges that may not affect your pocket in any way.

Wooden gavel on map of Czech Republic

Why Many Czechs Prefer Foreign Betting Sites

With the Czech Republic having multiple betting sites licensed, most of its residents go for foreign ones. The main factors why most gamblers decide to do this are:

Inconvenience

Being online is one of the major reasons why many customers opt for internet bookmakers. For most activities you engage in, all it takes to accomplish them is sitting within your compound’s precincts. However, if you are enrolling at sports betting sites in Czech Republic, this must be done physically. That’s not convenient for most people.

Poor Value

As mentioned before, Czech betting sites must contend with high tax rates. For this reason, they are unable to improve their odds or provide better bonuses to players. Additionally, a lot of Czech people don’t use licensed sites because they have poor welcome bonuses, promotions and sports betting odds compared to other alternatives.

Lack of Choice

High taxes and tight limitations have seen most sports betting companies shun the Czech market. Consequently, there are only but a couple of sites where you can do local betting within Czech Republic. However, when you go to international bookmakers, the number of betting sites will be in thousands.

In case of doubt, one can try an international sports betting site of course; that is why we have recommended a number of sites for our clients. Every site has been closely checked by our experts during the course of this review and we only endorse websites that provide great bonus offers as well as odds.

How to Deposit at Czech Betting Sites

The payment method is not the same for licensed betting sites in the Czech Republic and those foreign based companies.

For example, if you use a foreign website, your koruna may be exchanged to euros or any other popular currency. Luckily, this is usually done automatically. If you make bets on the website of an accredited service provider, you can claim winnings from a nearby bet shop.

Payment methods that are popular on Czech betting sites comprise of:

Credit Card

If you would like to deposit using a credit card, it is quite an easy process. A majority of the Czech Republic’s best betting sites accept credit card payments (except UK). It is a method that almost every player must be familiar with because they use their credit cards regularly. Deposits are immediate and using a credit card offers high level of security.

Paysafecard

A popular e-payment solution in the Czech Republic amongst sports betting sites is paysafecard. You can purchase a paysafecard at a physical store to use it. It comes with a special 16-digit code that you enter on the web to get your money. It serves as an ideal choice for people who have specific betting goals, since one can acquire cards based on their budget and stop when exhausted.

PayU

Millions of transactions are facilitated daily by PayU, which makes online fund transfer very easy. It is among the very common methods of payment used in sports betting in Czechia. With PayU all set, a few clicks and you can make deposits meaning it’s an extremely rapid and convenient method of payment.

Skrill

An additional popular e-wallet is Skrill. You’ll have to get registered on the internet with a login and a password, which you will use to log in and make transactions later on. Skrill is one of the best known and most widely used internet wallets. It also has multiple convenient features including but not limited to buying/selling cryptocurrency and Skrill 1-Tap, its single-click payment service.

Popular Sports for Betting in the Czech Republic

The Czech people are diverse and are interested in different sports whether local or international. For this reason, betting sites in Czech Republic are committed to ensuring that they meet the needs of these citizens and for that matter a large number of games as well as markets can be found on the top sites.

In the Czech Republic, these are some of the most popular sports for betting:

Football

It doesn’t matter whether you would like to bet on the Fortuna League or some of the most competitive leagues such as English Premier League, we have plenty of options for you at our recommended sites.

In the Czech Republic, the majority of online betting sites offer in-play betting wherein odds are updated live during the match. Match winner and correct score are some of them amongst many other things such as Asian handicap bets and corner numbers!

Ice Hockey

The Czech Republic loves ice hockey as much as Canada and Russia. The country has a really big ice-hockey league called the Czech Extraliga which was established in 1993 and now serves as a place where people like to bet. In addition, you can also wager on global leagues for example the NHL, offering a multitude of market alternatives such as game lines (also referred to as puck lines) under/over bets, and period wagers.

Basketball

If you don’t know about the Czech Republic National Basketball League (NBL), then you won’t go wrong by betting on Basketball Nymburg. The team is a complete force when it comes to the top league in the country, and it has been so for 17 seasons in a row from 2004 to 2020. For those who like a little more secrecy within their basketball leagues, one can have look at worldwide competitions such as NBA that features some of world’s best players.

Winter Sports

Even as ice hockey is still cool in Czech Republic, winter sports are equally popular for gambling. Betting on winter sport has a big range; ski, ice skate, snow board and sleds included to say the least.

You have myriads of markets in each sport you choose, which provides you with great options. Check out the top Czech Republic bookmakers to get the best odds.

Czech Republic ice hockey team in action

The History of Gambling in the Czech Republic

Czech Republic has been experiencing a steady increase in gambling since the early 1990s. There are slot machines, gaming machines and casinos all over the country; therefore, gambling is very popular among Czechs. In addition to this, as the internet expanded and technology became more advanced, online gambling began to gain momentum.

Nevertheless, the way in which the Czech Republic government went about regulating internet gambling attracted strong disapproval from bookies and other European Union member states.

In the beginning of 2017, Act No. 186/2016 Coll was introduced, which enabled EEA and EU operators to provide services to the citizens in the Czech Republic; as a result more bookmakers became available for locals.

The Global Relations and Financial Policies department of the Ministry of Finance is responsible for all types of gambling in the existing climate.

Licensed Sportsbooks in the Czech Republic

At present, there are five online sportsbooks in Czech Republic that have been licensed by the government. They include Sazka, Synot Tip, Chance, Fortuna and Tipsport. However, these companies can offer both land-based and internet gambling forms and for one to open an online account he should register at any head shop. The move was aimed at ending underage betting and frauds associated with online bookmakers.

Lotteries

The Czech government released new regulations for gambling in 2012 after abrogating the existing Lotteries Act. The new rules stated that foreign operators could legally accept custom from Czech players if they had a physical address within the country.

The new directives were scorned by bookies and found to flout the EU standards, thus forcing the regulators to redraft their draft. The summer of 2013 was initially a target for introducing the new bill; but political complications have led to several delays, hence bookmakers are still awaiting a publication date.

Landmark Case

It is within the legal framework of the Czech Republic that one can gamble on sports online. However, online casino and poker businesses are not permitted in this country. Casino Kartác Group, a Czech gambling firm, sued for damages worth €100 million after it alleged that the unclear and contradictory laws had cost the bookie huge amounts of funds.

Seemingly, the present domestic betting laws in Czech Republic are antithetical. It is either too permissive to disallow or punishes a foreign operator providing services for Czech citizens or it is too harsh for local firms to prosper.

To be sure, the above-discussed corporations are liable to 19% corporation tax and 20% further deduction on their profits. It will not be possible to stop individuals from using online betting websites located in tax havens such as Malta and Gibraltar. This means that domestic firms are faced with an unsustainable situation in the long term if nothing changes.

FAQ

Is gambling legal in Czech Republic?

Using betting sites in the Czech Republic is one hundred percent legal and safe. In the country, there are only a few licensed sites that can be used, therefore international betting sites available provide more lucrative offers as well as odds.

Is there any free bet for the Czech Republic betting sites?

The number of free bets is really high in international betting sites rather than in local betting sites, the Czech Republic, because of high taxes facing latter. Furthermore, these sites have deposit bonuses and VIP programs among other things.

Do betting sites accept Czech koruna deposits?

By signing up for a CZECH REPUBLIC betting site, you can deposit with Koruna. However, you may frequently deposit in the currency of Koruna and it will be converted to your preferred currency even if you use an international betting site that does not offer koruna as a payment option.

Q.Do you pay income tax on sports betting prize in the Czech Republic?

A. Even though bookmakers operating in the Czech Republic pay huge amounts of money as tax, players don’t contribute towards it. This means that if you win money at a betting site in the Czech Republic, you can take your winnings home without any taxes deducted and hence keep every penny you make.

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