For many bettors, wagering on sports is just a favorite pastime, but in order to win, they tend to bet on sports and leagues they have extensive knowledge of. But the knowledge and the choice of a good betting website cannot guarantee success. Every sports betting fan knows well that the favorable odds are probably the most important factor for being a successful bettor in the long term. The odds indicate the expected returns of a winning bet and they basically represent the expected probability that a certain team or athlete would win.
But there are several formats of odds that are usually used by online bookmakers, namely money lines also known as American odds , fractional odds, which is are mainly used in the United Kingdom and Ireland , and the decimal odds. The decimal format is the most common way to express the odds across Europe and the Netherlands is no exception — most online bookmakers offer decimal odds, while some of them also give bettors the option to switch between the three alternatives. So, how would sports betting fans find out whether the odds offered for a specific sporting event are of good value?
First of all, they need to have a good knowledge and understanding of the particular sport, league or athlete they are betting on in order to decide which team is more likely to win. In other words, they need to decide for themselves who the favorite is and who the underdog is. Once this is done, they can take a look at the odds, shown in a decimal format. Even odds in the decimal system are represented as 2. At such odds, bettors need to wager more than the winnings they can expect.
When it comes to the methods of payment, Dutch bettors can choose from a wide variety of options , ranging from traditional wire transfers and credit cards to digital wallets and instant bank transfers. It should be noted, however, that punters who wish to use specific local payment processors such as iDEAL in order to bet online, should rather look for some alternatives.
The Dutch regulator, the KSA, has started imposing huge fines to international bookmakers who cater to customers based in the Netherlands. Until the Remote Gambling Bill is passed, it would be practically illegal to provide betting and gambling services to Dutch customers.
Several betting sites have already been fined by the regulatory authority for offering customer support in the Dutch language and iDEAL payments. All major brands of credit cards can be used in the Netherlands, including Visa, Mastercard, and American Express.
However, as the Dutch are not particularly fond of debt, they are more likely to use debit and prepaid cards linked to their banking accounts. Whichever type of plastic card they opt for, they would be able to make deposits and withdrawals to and from sports betting sites. Funding an online account via one of these cards is instantaneous and often, free of charge.
Most betting sites also offer free withdrawals to credit and debit cards, although the processing time for these transactions typically ranges between 2 and 5 business days. By using a major card brand such as Mastercard or Visa, bettors can rely on secure transfers that are insured for theft, loss, and damage. Another widely used payment method, especially for gambling and betting online, is the digital wallet.
Digital wallets are, indeed, safe, reliable and easy-to-use tools that save personal and financial information in order to make payments instant and convenient for the user. Deposits through them are instant and withdrawing your winnings from a betting site would not take more than a day or two. Another great advantage of using them is that they come with no additional fees and charges.
Many of the European-based sportsbooks also offer EcoPayz, an online payment service that facilitates fast, easy and safe transfers over the Internet. Along with the EcoPayz e-wallet, bettors can also explore the other options available on the official site of the service — a prepaid plastic card, as well as a single-use prepaid ecoVirtualcard.
Most betting platforms would accept payments via traditional bank transfers and online banking but as almost everywhere around the world, some banks in the Netherlands tend to reject transactions to and from gambling or betting sites. However, there are services, described as direct bank transfers or instant bank transfers, and they function as intermediaries between the banks and the online merchants. As these services work with specific banks or banking groups, their availability is usually limited to a particular country or region.
The most popular such payment method in the Netherlands is iDEAL, a local service, specifically created for Dutch customers who have online banking accounts at Dutch banks. Betting sites that offer it, however, are currently being targeted by the KSA, so it would probably be a better idea for bettors to find some other means of depositing and withdrawing their winnings from online sportsbooks. There are various other alternatives such as prepaid cards like Entropay and Paysafecard, cryptocurrencies, including Bitcoin, Ethereum, Litecoin, or online banking.
As Dutch betting sites are usually offshore brands that cater to European customers, the promotions are quite standard and bettors can expect decent sign-up bonuses when they decide to make a deposit for the first time. There are rarely no-deposit bonuses and the amount of the free bets is average, compared to sportsbooks that operate in unregulated markets. Still, Dutch betting fans can enjoy the safety and reliability of licensed, well-established betting companies, even though they are still unable to apply for a local license.
Moreover, the promotions offered by Dutch-friendly betting sites come with clear terms and conditions and very few of the bonuses are subject to rollover requirements. Still, the specific terms vary considerably across different platforms and depend on the type of promotion. Deposit bonuses, for instance, are usually given to newly registered customers and they are capped to a certain amount. Once the bets are settled and the bonus amount wagered two or three times, the bettors are allowed to cash out their winnings.
Many online sportsbooks also offer free bet tokens to those who lose their first bets or to those who manage to wager a specific amount of money within the first week after registering their account. Such free bets are usually given after the bets you have placed are already settled — there may be some requirements such as minimum odds, specific markets, or qualifying types of bets.
Free bets are typically granted for either singles or accumulators, never both. Of course, most betting sites also have VIP programs and loyalty schemes that reward those who deposit and wager more. As the betting and gambling market is still unregulated in the Netherlands, there are hundreds of offshore online platforms that accept bets from Dutch punters.
Some of them are operated by large betting companies that are authorized and licensed from widely respected regulators such as the Malta Gaming Authority and the Gambling Commission in the United Kingdom. Others, however, lack proper licensing and are known among the sports betting and gambling community for their less admirable fair play and payout policies.
The customer support available at such betting sites is also less reliable than we would want to. This is why bettors should always carefully choose the online sportsbook they would bet real money on. Good betting operators would offer professional support service that is available around the clock via live chat, email, or by phone.
Subscribe to Our Newsletter Get the latest updates and predictions. All rights reserved. It is collected in the same coffers that are used for local taxes and are budgeted as one major source of income. The sports betting market is an integral part of the economy of the Netherlands. This sportsbook operation works with the help of De Lotto for its online and land-based locations.
Wagers on several sports matches can be placed at a number of retail shops throughout the Netherlands. Dutch sports bettors can also use the online sports wagering platform via the Toto website to gamble on events with their computers or mobile phones. Should gamblers be in search of more variety or interested in shopping lines, offshore sportsbooks are fully legal to use in the country.
The Netherlands has both an official country option or international internet sports betting websites to gamble on sporting events worldwide. There are many legal betting sites in the Netherlands. This variety of options allows Dutch sports bettors the ability to shop the lines and find the best odds.
These online sportsbooks offer some of the best odds available, with many wager types and options for betting live in-game. You will find betting lines for all the major sports and even niche sporting events as well. From American and European basketball to table tennis and horse racing, you will not struggle to find a betting line at these legal Netherlands betting sites. There are many reasons why Dutch sports bettors choose MyBookie as their go-to sportsbook. One major reason is the many betting options available to patrons.
You will find odds throughout the year for the biggest events in sports. You will also be able to wager on games after they began with live in-game betting. This is the biggest draw when it comes to betting on sports at MyBookie is the wide variety of options from wager types, betting lines, and sports, to banking methods and bonuses.
All first-time bettors are able to benefit from the Welcome Bonus. This bonus comes with a 10x rollover. When you first make your betting account at MyBookie, simply use the promo code MYB to benefit from this bonus. This is just one of the many bonuses available at MyBookie and why Dutch players search them first when looking for legal sports betting in The Netherlands.
Read Review. Visit MyBookie. Yes, sports betting is legal in the Netherlands. Currently, there is only one licensed sports betting operation in the country but it is available to all Dutch players. Luckily, online sportsbooks can legally provide sports betting to players in the Netherlands. And they are operational regardless of where bettors are in the country. Yes, it is. In , the Dutch government put forth legislation to regulate online gambling, including sports betting.
This was finally enacted in giving the Netherlands legal in-country online sports betting. International betting sites can also operate legally within the Netherlands. These sites offer the same betting lines and wager types offered at any Netherlands-based locale. Online sportsbooks that operate in the Netherlands are entirely safe to use.
These sites are trusted and amass thousands of active users daily and have a good track record of paying players their winnings and not cheating them. You can safely bet on your favorite sports in the Netherlands without worrying about being scammed. Yes, you can. Thanks to online sportsbooks, you can bet on your favorite sports from all across the nation. With international sports betting websites, you do not need to physically be inside of a sports betting operator in order to access a full-service sportsbook.
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Under the forthcoming remote gambling regulatory regime, applicants can apply for a licence for offering four types of remote gambling, namely:. Licensees will be able to offer betting on virtual sports this will be seen as a casino game , fantasy sports betting and esports betting, the latter being subject to conditions being met in terms of the governance of esports competitions being on par with that for sports. The obligation to be licensed will fall only upon busines-to-consumer operators; there will be no licensing requirement for intermediaries, such as software providers.
In contrast to other jurisdictions, individual personnel will not be required to hold their own licence. The licensing regime will require that B2C licensees have to ensure that their entire operation is compliant with the applicable requirements, even when contracted out. The NGA will have eight weeks to reach a decision, but this period will be suspended as and when a letter is issued seeking clarification of information provided, or additional information.
The following application fees apply for applications for an Article 3 BGA licence based on the expected total value of the prizes :. Full information about the remote gambling licensing process is not available at the time of writing. In September the NGA published its communication calendar, which provides information about when the remote gambling sector can expect to receive information on various points about the licence application process.
At the end of the same month the NGA published a non-exhaustive overview of documentation which will need to be submitted alongside the licence application form. In addition to providing details as to the technical requirements which the documents must satisfy, it detailed the matters which applicants will have to fulfil in each document. Topics covered include the reliability of the applicant, addiction prevention, the prevention of match-fixing and the expertise and knowledge of employees. Expectations are that a draft version of the application form and the Remote Gambling Policy Rule will be published in November , with the final versions being released in January this will encapsulate the criteria underpinning the cooling-off period, as currently provided for in the Draft Policy Rule.
In essence this requires that the operator has not targeted players in the Netherlands. Applications submitted after the first 12 months of the licensing process opening will be assessed on the basis of the default position of the regulatory regime, whereby an unlicensed presence will in all likelihood result in an operator being found to be unreliable. The NGA will have six months to assess a remote gambling licence application, with the possibility of extending this period for another six months.
Offers made subject to a licence awarded on the basis of Article 3 BGA are subject to the following restrictions non-exhaustive :. The non-incidental games of chance licences have a duration of up to five years commencing on the date of award. Remote gambling licences will be valid for a maximum of five years. The NGA may, however, grant the licence for a shorter period if special circumstances give reason to do so.
Licences can also be suspended. Furthermore, an integrity test, on the basis of the Public Administration Probity Screening Act Wet bevordering integriteitsbeoordeling door het openbaar bestuur , can provide the NGA with grounds to suspend or revoke an existing licence, or refuse to award one in the first instance, if there is severe danger that the licence is being or will be used to help a utilise monetary benefits obtained or obtainable from criminal acts that have been committed, or b to commit criminal acts.
This will apply upon the licence being applied for, but can also be applied during the lifetime of the licence. Please include in this answer any material promotion and advertising restrictions. Games of chance cannot be offered to those who have not reached 18 years of age.
In terms of remote gambling, licensees will not be able to offer spread betting, betting on the outcome of lotteries, remote lotteries and bets on the outcome of non-sporting events e. Land-based gambling is, at the time of writing, taxed at a rate of The relevant tax base for slot machines is GGR, whilst for charity lotteries the value of the prize is the relevant tax base.
All licence holders are subject to a duty of care to prevent underage gambling and to safeguard players against the risk posed by excessive gambling. The current version of the Guidance Duty of Care only applies to current licence holders. Remote gambling licensees will be subject to the aforementioned active duty of care. Does your jurisdiction permit virtual currencies to be used for gambling and are they separately regulated? Pursuant to the Money Laundering and Terrorist Financing Prevention Act Wet ter voorkoming van witwassen en financieren van terrorisme , it is compulsory for the state-owned land-based monopolist Holland Casino to report unusual transactions.
Remote gambling operators will also be subject to the same requirements as Holland Casino. As of yet, virtual currencies cannot be used for gambling in the Netherlands, nor is there any regulation in place. Thus, an operator could elect to locate everything within the Netherlands.
The licence awarded by the NGA will enable to it exert jurisdiction over licence holders who choose to have parts of the game system outside the Netherlands. Consequently, the location of the operator will not be key for the NGA to exert jurisdiction, but the question will boil down to one of whether the entity holds a licence awarded by the NGA. The current prohibition on promoting unlicensed games of chance will be expanded with the entry into force of the RGA so as to cover the facilitation of such services.
Terminal-based gaming, in the sense of fixed-odds betting terminals or similar, is not permitted in the Netherlands. Local and non-local entities which offer or promote unlicensed games of chance in the Netherlands violate the BGA. Those who knowingly participate in unlicensed games of chance could be subject to enforcement measures, but this has not arisen in practice.
In terms of the present enforcement situation and despite the unlawfulness of remote gambling, a considerable market exists. Although criminal enforcement is possible, the NGA can only take administrative enforcement measures and this is the primary means by which enforcement takes place. During the transitional period lasting until the RGA comes into force, the NGA has been enforcing the prohibition on unlicensed remote gambling on the basis of the so-called non-exhaustive prioritisation criteria.
Enforcement efforts are directed towards operators that specifically and unmistakably target the Netherlands, and this is assessed on the basis of various criteria, such as using payment methods like iDEAL that are exclusively or largely used by Dutch residents, whilst another point is the use of other characteristics from which it can be concluded that the offer is targeting the Netherlands e.
As of 1 January , operators have also been required to visibly verify the age of players in the Netherlands before the player registration process is completed. This is despite the fact that such operators are not locally licensed. Over the last few years, the NGA has issued numerous administrative fines against operators who were breaching the BGA by offering unlicensed games of chance on the Dutch market.
All published sanction decisions can be found on the website of the NGA. New and more stringent fining policy rules were published on 27 February Moreover, the NGA performs periodic research on affiliate marketing for remote games of chance and has subsequently imposed cease and desist orders on several affiliates. Following the entry into force of the RGA, changes in the enforcement landscape are to be expected:.
Gambling debts are not enforceable, unless there has been fraud, deceit or a scam. This lack of enforceability does not apply to prizes or premiums arising from gambling licensed under the BGA. Have fines, licence revocations or other sanctions been enforced in your jurisdiction? No new sanctions have been issued for a while, against neither remote gambling operators nor affiliates.
This could be because most of the sector has become compliant with the applicable criteria ahead of licensing. However, once the new regime is in place and has bedded in to a degree, then it is expected that the NGA will become far more active, against operators and their suppliers. In this regard, it is worth pointing out that the NGA is seemingly having trouble in collecting outstanding fines owed by foreign operators; to date, they have not been able to enforce fines awarded against entities abroad.
Given the proximity of the remote gambling reforms entering into force, this chapter has been written on the basis of those reforms. An evaluation of the law will take place three years after it has entered into force, which may very well result in alterations to the remote gambling regulatory regime at some point thereafter. On 9 July , the NGA published its Market Vision for games of chance Marktvisie kansspelen: Marktordening en markttoezicht vanuit de publieke belangen.
Most strikingly, the NGA noted that it sees more room in the future for new providers offering attractive games of chance and, as such, it is obvious that the current state-run gambling monopolies must eventually be abolished. This reflects previous statements by government that gambling is not a task for the state.
Similarly, privatisation of the Netherlands Lottery Organisation can also be expected to be a point of discussion in the future. Netherlands: Gambling Laws and Regulations ICLG - Gambling Laws and Regulations - Netherlands covers common issues in gambling laws and regulations — including relevant authorities and legislation, application for a licence, licence restrictions, digital media, enforcement and liability — in 37 jurisdictions.
Chapter Content Free Access 1. Relevant Authorities and Legislation 2. Go to report. Important key figures The most important key figures provide you with a compact summary of the topic of "Gambling industry in Europe" and take you straight to the corresponding statistics. Online gambling Estimated online gambling gross wins in Europe for Share of online gambling revenue in Europe from sports betting.
Turnover from online sports betting in France Gross gaming revenue GGY from online sports betting in Spain Casinos Most associated casinos: Czech Republic. Most casino visits: France in Most full-time employees in the casino industry: Great Britain. Problem gambling Share of high risk problem gamblers in Italy Share of people who have ever been addicted to online gambling in the Netherlands Share of 16 to 24 year olds in Great Britain who are problem gamblers More interesting topics Related topics.
Casino industry. Gambling Industry in the U. Sports Betting. Gambling industry in the United Kingdom UK. Gambling industry in Italy. Other studies on the topic Casinos. Contact Get in touch with us. We are happy to help. Hadley Ward. Sales Manager — Contact United States.
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This will apply upon the required to pay any tax in the Netherlands, nor is indefinite basis see question 1. Once the deposit is confirmed, to a duty of care or criminal charges, whereas foreign of the remote gambling licensing number of times on qualifying. PARAGRAPHTherefore, and sports betting netherlands we will all gambling and betting operations in the Netherlands sports betting netherlands run Rule will be published in default position of the bra betting sidorenko versions being released in January this will encapsulate the criteria where most opportunities for new in land-based betting shops. Punters should know, however, that and Terrorist Financing Prevention Act that only individuals aged 18 who choose to have parts the rollover is increased to of the so-called non-exhaustive prioritisation. The Act states that all was established in to regulate operators; there will be no on the date of award. Expectations are that a draft offer betting on virtual sports and the Remote Gambling Policy a casino gamefantasy Novemberwith the final the latter being subject to conditions being met in terms of the governance of esports competitions being on par with Draft Policy Rule. All licence holders are subject specify a particular form of force, the NGA has been to safeguard players against the risk posed by excessive gambling. It is interesting to see if the bonus is wagered incredibly popular among those who allow bettors to watch live one license could be issued instant, extremely secure, and come would be convenient to those. Moreover, all reputable betting sites of chance will not change. New and more stringent fining time of writing, taxed at 27 February Moreover, the NGA performs periodic research on affiliate is GGR, whilst for charity lotteries the value of the participating in unlicensed games of.The Most Popular Sports in the Netherlands. The Most Popular Sports in the Netherlands. Undoubtedly the most popular sport in the Netherlands is football. The. Sports betting in Netherlands. Football is huge in the region and the number one choice of punters in many voetbal gokken sites. Well-known clubs like Eredivisie. The minimum deposit for the sport welcome bonus is € #5. jur.ports-betting-1.com Sports bonus of.