Online Sports Betting in Switzerland
Sports betting is very popular in Switzerland. It is illegal to provide these games at a federal level, but each canton can authorize the organization of such, which is the case of Swisslos and Loterie Romande - that both hold licenses. And seemingly to the lottery, these were already operating online sportsbook sites in Switzerland as well, before all the other forms of gambling.
|Is online sports betting legal in Switzerland?||Yes.|
|Are sports betting sites in Switzerland trustworthy?||Yes.|
|Can I deposit via PaySafeCard/Neteller/Skrill?||Yes.|
|Do online sports betting sites accept CHF?||Yes.|
Online Sports Betting Laws in Switzerland
With the new Money Gaming Act, all online gambling became legal. However, the law is very restricted to Swiss companies and the operation of online sportsbook sites will still remain under the state’s duopoly.
Due to the limited offer, bettors were already seeking international platforms and, before the law, there was actually barely to none action against those betting in foreign sites. And now, it is likely that they will seek foreign platforms that not only offer a bigger diversity of odds and sports but also better online sportsbook bonuses and online sportsbook promotions.
However, upon the regulation of the online market, there is also a stricter control of the digital world. The new law introduces measures to block the IP of unlicensed websites that are operating in Switzerland. There will be tighter protection of the consumer, such as limiting the marketing possibilities of operators, in order to avoid gambling-related problems.
Online Sports Betting Payment Methods in Switzerland
As operators want to provide players with safe and fair environments, they only accept fully transparent money transactions. Accordingly, the debit and credit options offered by VISA and MasterCard are usually available. But there are also alternatives that are as efficient and reliable. These include Skrill, Neteller or PaySafeCard. For more information, consult the online sportsbook reviews directory.
Online Sports Betting Sites Accepting CHF
Switzerland is an important market when it comes to sports betting and very appealing to operators as it has one of the highest GDPs in the world. This means that there are several online sports betting sites accepting CHF.