Italy’s top betting sites
As the Squadra Azzura has experienced incredible moments throughout its history, football in particular has always sparked a devotion among the Italian people. With four victories in the World Cup and one at the European Championship, the Italian national football team has inspired millions of fans and thousands of bettors. In Italy, almost 35% of all adults regularly utilize sports betting websites. Bookmakers in Italy are in a perfect environment because of a robust economy, clear laws created by the AAMS (Amministrazione Autonoma dei Monopoli di Stato), and a spectacular 10.4% rise in 2018 when the betting sector brought in more than €1.4 billion. Therefore, this post is for you whether you’re a seasoned gambler seeking the next amazing bookie or you’re just getting set to explore the top betting sites in Italy.
Both the Italian football and online gambling markets are enormous. The government has relaxed gambling laws, making it simple for any bookmaker to apply for a license and participate. As a result, there are lots of betting sites in Italy. The most crucial aspects to take into account while selecting the best betting site that welcomes Italian players and residents are covered in this post.
An Explanation of Italian Online Betting
One of Italy’s most widely used types of gambling is sports betting. Since the government legalized internet gambling in 2006, the Italian sports betting business has experienced tremendous growth. Although there are physical bookmakers all around Italy, the internet betting market is expanding exponentially.
Prior to 2006, Italy was off-limits for online betting. More than 500 internet bookmakers were placed on the government’s blacklist in order to make room for just two state-backed monopolies in the betting sector. The government passed a regulation in 2006 that liberalized the Italian market after being subject to infringement actions by the European Union over the ban on foreign bookies.
Is it legal to bet online in Italy?
Online gambling is permitted in Italy thanks to the existence of the Agenzia Delle Dogane e dei Monopoli, a government agency charged with regulating and licensing the industry. As a result of its tolerant attitude toward gambling, Italy features a large number of online betting sites. The bookmaker receives a nine-year license to conduct business in the Italian market in exchange for a payment of €200,000 and a 24% tax on their total gaming earnings. As a result, there are numerous bookmakers available to Italian bettors (or any foreign residents in Italy) who wish to place wagers online.
Nevertheless, the Italian government has declared that the nation’s gambling rules will change in 2023. The Italian government wants to restrict the number of betting companies operating within its borders in order to provide more efficient and superior monitoring. For the time being, you can keep using the top-notch services of your preferred online betting site for Italy.
Choosing a Reliable Italian Bookmaker Online
When selecting an Italian betting site, have the following things in mind:
Because they are the most standardized and are thought to be the defining characteristics of online betting, you should pick a bookmaker that has features that are comparable to those of the finest UK betting sites for your convenience. You are guaranteed customer care, fraud protection, data protection, and overall safety with a typical UK bookmaker. The wagering process, which is typically extremely easy and open, is the same.
The bookmaker with the best odds on the market is another factor you should take into account. To succeed, one must be knowledgeable about the greatest available odds. Making the appropriate odds comparisons is not a terrible idea because your profit margin depends on how competitive your odds are.
To avoid incurring exchange rate fees, pick a betting site that provides the Euro as a currency choice.
Think about an Italian bookmaker that runs promotions and bonuses. The majority of the top Italian betting sites on this page offer a wide range of incentives and promotions, which can enhance the betting experience.
Popular Methods of Payment for Italian Traders
An online Italian bookmaker offers bettors a variety of options to deposit and withdraw money. Due to Italy’s lenient attitude toward online gambling, depending on the specific bookmaker, most, if not all, forms of payment methods are accessible to Italian consumers. Debit and credit cards from Visa and Mastercard are the most often used betting methods in Italy. The usage of e-wallet services like NETELLER, Skrill, Trustly, and Paysafecard is another common payment option.
The Euro is the most commonly used currency for betting in Italy because it is the country’s official currency. It is suggested to set your account currency to euros to avoid exchange rate fees. It should be noted that deposits and withdrawals made through Italian online bookmakers are tax-free, therefore wins are not subject to income tax.
Italy live betting
It is possible to place a live bet in Italy, and the process is very similar to that in the UK. Sports events that are available for in-play betting may vary due to broadcasting rights. Top Italian bookies provide top-notch in-play betting options similar to those in the UK. In-play betting in Italy is permitted for both side bets and combo bets.
The top betting sites for live betting with live streaming in Italy include Bet365 and 888sport.
How to Bet in Italy Online
The procedure for opening an account, making deposits of money, placing bets, and withdrawing profits are comparable to doing so with reputable UK bookies once you have carefully chosen your favorite bookmaker to wager with. Although the rules of engagement may vary, placing an online wager with Italian bookies is not all that dissimilar from placing a wager in the UK. Despite the fact that a sizable portion of the population also wagers on basketball and volleyball, football is a huge passion for Italians, who place a lot of bets on it.
The standard fundamentals of choosing a sporting event, placing a wager on your preferred betting lines, and then executing the bet are essentially universal, thus betting in Italy doesn’t require any special technique. When you first start betting, stick to simpler markets until you have the experience to participate in more complicated ones.
Betting on Italy FAQs
- Is gambling online permitted in Italy?
Online gambling is legitimate in Italy, yes. The Italian government has a unit solely responsible for regulating and licensing both land-based and online gambling.
- What kind of currencies do Italian betting sites accept?
The native currency, the Euro, is frequently recognized by online bookmakers in Italy; however, other currencies are also accepted when utilizing overseas bookmakers.
- What are the most widely used means of payment for online gambling in Italy?
Debit and credit cards from Mastercard or Visa are the most popular payment options for betting in Italy, however other e-wallet services like NETELLER, Skrill, Trustly, and Paysafecard are also extensively used.