Best Belarusian Bookmakers 2021
Bookmakers in Belarus
The betting market is actively developing not only in Europe but also in the CIS. Belarus has one of the largest betting markets in the region. Sports betting services are provided by both legal bookmakers and European ones that operate under an offshore license issued in the Isle of Man, Curacao, etc. The number of legal bookmakers in Belarus is limited, as there are strict requirements for them. Legal bookmakers accept bets both online and at betting shops; offshore bookmakers operate only online.
Features of the Bookmaking Business in Belarus
Bookmaking is not illegal in Belarus, but there are not many legal bookmakers. The main reason that international bookmakers cannot legalize their gambling business in Belarus is that the registration of a legal entity is mandatory in Belarus.
Active players are reluctant to use legal bookmakers, which provide their services under a local license. The main reason is a mandatory 4% tax on the total amount of winnings or refunds. The tax applies to the total amount of winnings, including the stake itself, not just the net profit.
Russian and some European bookmakers work legally in Belarus and pay taxes there. In these cases, the tax is 13%, but it only applies to their net incomes. The tax legislation that has been in effect since 2016 makes online bookmakers that are not officially registered in Belarus more popular.
Best Legal Bookmakers
Despite the mandatory taxes, legal bookmakers do operate in Belarus, and they have a steady flow of customers. The local bookmakers worth mentioning include the following:
All these bookmakers are of local origin. Their players are protected by the state, so they can count on help in resolving disputes. However, this is where the advantages of local bookmakers end. These bookmakers are characterized by a poor selection of events and prop bets, constant delays in updating their live sections, possible website access delays, strict limits, and a limited choice of withdrawal methods.
Tough tax policies and the lack of updates from local bookmakers have led to Russian bookmakers operating in the international market and offshore betting houses being very popular.
Best Foreign Bookmakers Operating in Belarus
Parimatch.by, Marathonbet and Fonbet all operate in Belarus. These three large market players are actively developing a network of betting shops and online betting.
Russian-rooted bookmakers differ from locals by offering a wide choice of prop bets, a large selection of sports events, and high odds. Even though you can make bets at local bookmakers online and at betting shops, the international ones are more popular, because they have their own websites, provide better tax rates, and provide the opportunity to resolve disputes.
Besides legal international bookmakers, Belarusian players actively make bets at online offshore bookmakers. You can find ratings for the best foreign bookmakers on the website.
There are three types of betting houses where gamblers living in Belarus are allowed to place bets: local bookmakers, international bookmakers that operate legally, and offshore foreign bookmakers. The choice of a betting company depends on your personal preferences and the reliability of the bookmaker.