Betting on sporting events is completely legal in the country of Holland. However, bettors are restricted to only one Holland betting site that has permission to operate within the country. There are no other Dutch betting sites that have been licensed to operate in Holland and any attempts to do so have been blocked by the government. Therefore, bettors looking for variety often turn to foreign betting sites. A few betting sites have begun to cater to Dutch bettors by offering Holland deposit methods and Dutch language support.
Holland Online Betting Information
Finding a Holland betting site to play at can often be a hassle, but there are a few top sites that will accept Dutch bettors. To sign up for these betting services, bettors will need to provide basic personal and banking information. Funding accounts can be difficult because of restrictions put in place by the government in Holland. Therefore, the best Holland betting sites give bettors many Dutch deposit methods to choose from. With an account funded, bettors can place wagers on a variety of different sporting events.
Although sports betting in Holland is completely legal, there are many restrictions in place. Dutch bettors are not given much of a choice as only one betting site operates in Holland. Many Dutch bettors register at foreign betting sites to receive a better experience. However, the Dutch government attempts to block access to these sites, although this does not deter bettors from accessing Holland friendly betting sites in other countries.
Attributes Of The Best Holland Betting Sites
The top betting sites for bettors in Holland each have a few key factors that put them above the rest. A high level of security and the best customer service possible are necessary for a betting site to be consider a good choice. On top of that, the best Holland betting sites have Dutch payment options that are safe and easy to use so bettors can fund their accounts with little hassle. A good betting site should have plenty of sporting events to choose from, with multiple wagers for each one. Above all else, the best Holland betting sites give players multiple bonuses for their continued patronage.
Even though sports betting is legal in Holland, not many Holland betting sites exist. Bettors from Holland can find the best betting sites by looking for a few key factors like types of games available, reputation for safety and bonuses offered. Although the Dutch government attempts to block foreign betting sites in Holland, many Dutch bettors find a way to get around these restrictions.
The Netherlands is currently in the process of modernizing its gaming laws. The government has not yet officially legalized online gambling, but neither has it criminalized the activity. Dutch players therefore have a long list of options from which they can choose. Regulators are well aware that online gambling is big business in the country and they have plans to issue regulations and begin taxing the industry.
In 2014, Holland announced its intent to modernize the Betting and Gaming Act to account for the current reality of online gambling. A government press release in November of 2014 explained that the updated laws would:
- Establish a framework so that gamblers can play with safe, regulated providers
- Reform the lottery and casino markets, allow greater innovation in both markets and privatize Holland Casino by 2017
- Direct a greater share of gambling profits to charity
The proposal also includes provisions by which problem gamblers will be identified and provided with assistance. The Dutch Games of Chance Authority (KSA) will be tasked with overseeing online gambling, issuing licenses and monitoring licensees once proposed regulations go into effect.
These proposals were supposed to be enacted by 2015, but 2015 has come and gone without progress. The online gaming industry is eagerly awaiting these changes as can be evidenced by a large number of international operators already having expressed an interest in applying for an online betting license.
One major point of contention that still needs to be resolved is the rate of taxation that will be applied to gaming operators. The proposal calls for a 20% tax on gross turnover for online gambling even though brick-and-mortar operators pay a rate of 29%. Land-based casinos feel that they will be at a disadvantage to online operators while online operators feel that even 20% is too high.
Despite the slow rate of progress, Dutch gamblers should view these developments with optimism. Overall, the proposals appear to be guided by common sense and should lead to growth in the market and better player protections. In the meantime, citizens can feel free to play online at unlicensed sites headquartered in other countries. The best thing you can do as a player is make sure you play at sites based out of countries that have strong gaming laws already in place (such as the UK).
Unlicensed Betting Sites in the Netherlands
Currently, the only real options for online gambling in the Netherlands is to visit gaming sites based out of other countries. The Dutch government takes a pretty typical approach to online betting: it considers foreign gambling sites to be in violation of Dutch law but does not bother with prosecuting players. In fact, there are no laws that even make it a violation for citizens to place wagers with offshore companies.
Dutch authorities would initiate legal action against foreign companies if they actually set up shop in Holland, but the internet knows no boundaries. A handful of UK-based gaming sites still accept Dutch players to this day and the government has zero recourse – hence lawmakers’ willingness to initiate a process for legalization and regulation. As the thinking goes, you might as well regulate and tax it if it’s going to be happening either way.
Horse Racing Betting
Holland has granted Scientific Games Racing B.V. (SGR) with monopoly status over horse racing betting. It is still unclear how authorities plan to deal with SGR once its current proposals for online sports betting and casino gambling go into effect. It would only make sense that regulators address online racing betting while they’re at it.
Horse racing betting could prove to be a contentious issue if Holland does decide to perpetuate its horse racing monopoly. EU member states have every right to ban an activity outright, but what they can’t do is support local monopolies while also outlawing competition from foreign operators.