The betting market in Europe and the CIS is developing actively. The Czech Republic is one of the largest representatives of the European region and the twelfth most populous country in Europe. Sports betting services are provided by legal bookmakers and international betting companies that operate under an offshore license issued on the Isle of Man, Curacao, and other locations. Both internationally licensed Russian and European bookmakers operate in the country. Despite the different licenses and origins, players’ requirements for betting companies remain the same: reliability, a broad range of events and prop bets, a user-friendly website, and good withdrawal options.
Legality of the Bookmaking Business
Bookmaking is allowed by law in the Czech Republic. The latest changes to the legislation were made in 2017. Legal bookmakers are required to pay 23 percent tax on their turnovers to the state budget. High taxes are one of the reasons why there aren’t many legal bookmakers operating legally in the Czech Republic. Offshore bookmakers that do not pay taxes in the Czech Republic but accept players from the country have been banned since 2017. The number of bookmakers that accept bets in the Czech koruna exceeds 50 companies. International bookmakers offer Czech players betting in the local currency, customer support in their native language, and a wide choice of deposit and withdrawal methods.
There are both legal and illegal bookmakers in the Czech Republic. Following the latest changes in the country, Bet Stars, which focuses on players from Eastern Europe, has become the main legal bookmaker. Besides BetStars, the Tipsport bookmaker is very popular, but unlike the former, it operates under a Malta license. Despite the prohibition of offshore companies, all popular bookmakers prefer to translate their official websites into Czech. The greats on this list are William Hill, Marathonbet, and Bwin.
How to Choose a Bookmaker for Betting
The Bookmaker Expert website presents the best bookmakers accepting players from the Czech Republic. When compiling our ratings, we took into account: – Possession of a license, in this case either issued by local authorities, an offshore country, or an EU country. – The option to open an account in national currency. – Time needed for processing bets and withdrawal requests. It usually takes no more than 12 to 36 hours to process a request and transfer funds. There are some bookmakers providing instant withdrawal of winnings. – Availability of customer support and communication methods. We look at reviews from real players, as well as the existence of mobile applications, which simplifies operating activities and accepting bets online.
The main betting currency for players from the Czech Republic is the koruna, but a number of bookmakers accept bets in dollars, euros, and pounds as well. Players in the Czech Republic have access to local bookmakers, officially approved foreign bookmakers and offshore bookmakers that are available through working mirrors.
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