Online Sports betting in Norway
Sports Betting is very popular in Norway. However, such as other forms of gambling, it has for a long time been subject to strict regulations by the government. In fact, in 1902, the Norwegian Penal Code stated that all games of chance could only be legally offered by special license holders. If otherwise, it would be considered a punishable offense. But later on in the century, three acts were issued, granting permits to certain operators. And as the internet became more predominant, online sportsbook sites in Norway became legal as well.
|Is online sports betting legal in Norway?||Yes.|
|Are sports betting sites in Norway trustworthy?||Yes.|
|Can I deposit via PaySafeCard/Neteller/Skrill?||Yes.|
|Do online sports betting sites accept NOK?||Yes.|
Online Sports Betting Laws in Norway
Sports betting is regulated by the Totalisator Act of 1927, which offered the right for Norsk Riksoto Foundation to operate horse-race betting services, under the supervision of the Ministry of Agriculture. In 1992, the Gaming Scheme Act established the state-owned company, Norsk Tipping, granting it exclusive rights to offer other sports betting. This oligarchy extends to online sportsbook sites in Norway as well. However, these two companies offer a limited amount of sports betting, which is why bettors turn to international bookmakers.
According to online sportsbook news sites in Norway, sports betting was one of the responsible forms of gambling for the Payment Act in 2010. And Norway is trying to act accordingly to the law. In fact, as of May 2019, the government has banned money transactions to websites such as Betsson. Of course, gamblers are still able to bypass the law with e-wallets. On these international platforms, they can wager on real-time on many sports and get better online sportsbook promotions.
Online Sports Betting Payment Methods in Norway
In order to keep their websites growing in a highly competitive market and to provide bettors with safe environments, operators only accept transparent payment methods. This way, it is usually possible to deposit and withdraw winnings with the debit and credit cards of VISA and MasterCard. But, triggered by the Payment Act, alternative methods are becoming increasingly popular for gamblers. And, as shown on the online sportsbook reviews site, most sportsbooks in Norway accept Neteller, Skrill, PayPal or PaySafeCard.
Online Sports Betting Sites Accepting NOK
Norway is one of the wealthiest countries in the world and the population has proven to be very keen on gambling, despite the Government’s strict laws. This might be one of the reasons why there are so many online sports betting sites accepting NOK.