Online Sports Betting in Austria
Sports betting is highly popular and can be played in many cafes across the country. Unlike other forms of gambling, it is not subject to a monopoly as it doesn’t fall under the definition of games of chance and, therefore, the Austrian Gambling Act. Consequently, the market concerning online sportsbook sites in Austria is also a lot more liberal.
|Is online sports betting legal in Austria?||Yes.|
|Are sports betting sites in Austria trustworthy?||Yes.|
|Can I deposit via PaySafeCard/EPS/Skrill?||Yes.|
|Do online sports betting sites accept EUR?||Yes.|
Online Sports Betting Laws in Austria
The Austrian law makes a distinction between gambling and sports betting. Only Toto is part of the gambling monopoly in Austria as it is a collective bet. The regulations of sports betting vary, as it is regulated at a Bundesländer (state) level, though it is included in section 21 of the E-commerce Act, that states betting is among the exceptions that the principle of the country of origin doesn’t apply.
Operators based outside the territories are not eligible to apply for a license. This means, however, that they are also not subject to any local licensing obligation. And as the Austrian law doesn’t predict such situations, Austrian bettors are free to access offshore online sportsbook sites. This is favorable for bettors, as sports betting is highly popular in the country - especially in football - and, this way, they have access to platforms such as Bet365 Sportsbooks where they can bet on more sports and with better odds.
Online Sports Betting Payment Methods in Austria
In order to keep competitive in the market, operators must run safe and efficient platforms. This means that it is only possible to deposit and withdraw winnings through transparent methods. The credit and debit cards of VISA and MasterCard are commonly accepted, but there are other alternatives that are as reliable. These include Skrill, Neteller, PaySafeCard or EPS. More information is available on the online sportsbook reviews directory.
Online Sports Betting Sites Accepting EUR
As the market is so important, it is possible to find many online sports betting sites accepting EUR. This is particularly good for Austrian bettors as they don’t have to pay conversion fees and are able to better manage their accounts.