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Known online sports betting in Switzerland
Sports betting is available in a wide variety of sports. The offers range from betting on football and horse racing to the Darts World Cup in the legendary Ally Pally. In the following, we have looked at some of the sports that are offered by almost every bookmaker and what is important about these bets in Switzerland.
Football betting Switzerland
The extensive pool of sports betting in Switzerland consists of 80% bets involving football. Logically, after all, football is the biggest and most profitable of all sports worldwide and bookmakers also want to take a slice of the money generated with the help of money games. Almost every Swiss bookmaker offers football betting in various leagues and countries. Thus, it is practically possible to place a football bet at any time and any place at any Swiss betting provider.
The Swiss betting providers differ above all in one thing: the odds. So before you start betting, you should definitely compare the odds of the individual sports betting providers in order to get the best possible betting odds for each sporting event.
Horse betting
Horse betting has been the great lure just in the last century. The rich and beautiful met at the racetrack on weekends and bet on the horse that they thought would win. Even in 2024, among the sports represented in sports betting, there is still the equestrian sport. So, if you are a horse lover but can’t make it to the racecourse in time, you can bet online without any problems. Almost all betting sites have horse betting in the betting offer.
Tennis Sports Laws
In Switzerland one of the most popular sports bets are those dealing with tennis. After soccer betting, tennis is the second most popular sport bet on the betting slip and especially in Switzerland these sports bets are very popular. This may be due to Roger Federer, the famous, infamous Swiss tennis player, on the one hand, and the tradition-heavy Grand Slam tournaments, which inspire people all over the world, on the other.
Almost every website for betting in Switzerland offers tennis betting and also here there are many different parameters to bet on. Just as with soccer, however, the odds vary enormously depending on the online bookmaker. It is recommended for every new customer to look for the best odds and only then use the first Swiss francs.
Boxing
Any kind of wrestling matches is enormously exciting and also the betting in Switzerland regularly deals with the martial-looking fights. Boxing is also represented in the betting offer of every bookmaker for online betting and enjoys great popularity.
Just as with tennis and soccer, there are many different parameters on which a bet can be placed on boxing, these also differ from online betting provider to online betting provider. Make your choice and start betting.
Motorsports Sports Laws
Sports betting in the field of motor sports is certainly not one of the best known sports betting – Switzerland, however, just the Formula 1 is experiencing a new hype in terms of online betting. Among other things, the enormously exciting season finale between Max Verstappen and Lewis Hamilton this year has shown that motorsports is an often forgotten sports tip for each of the sports betting fans.
ESports Sports Betting
In recent years, another sport has become increasingly popular among betting fans. The ESport. Especially with newcomers on the market like 20bet, there are numerous bets within the betting offer that are all about ESport. Again, with each bet, the excitement of the event is increased and with the ever advancing digital age, it is only logical that the Swiss francs are also bet on digital sporting events.
Sports betting online has long ceased to be a matter of exclusively football and tennis. The offer for sports betting CH has become much more diverse.
Payment methods at swiss bookmakers
If you want to participate in sports betting and thus become part of the bet Switzerland community, it is of elementary importance that your money can be deposited and withdrawn quickly and safely at the bookmaker. Especially when it comes to real money, not only the legal situation is clear, but also every player, from new customers to experienced bettors, wants to make sure that no mischief is done with their own money.
PayPal
While PayPal is a fast and secure method of depositing at online casinos, unfortunately PayPal is no longer offered at many betting sites. The problem with PayPal is that gambling is in a sort of gray area in many countries. Since PayPal works by direct debit and direct debits can be easily cancelled for up to two weeks, many sports betting providers for online betting Switzerland have made sure that if the money is lost, the deposit will be cancelled.
Credit card
Already known from everyday life, the credit card is becoming increasingly popular for online purchases and also at the bookmaker of your choice, the Visa and MasterCard can be used. All you need to do is enter the CVV code and the card number and within seconds you can deposit money at the bookmaker of your choice.
Paysafecard
The Paysafecard has become the most popular payment method for sports betting Switzerland and generally Switzerland betting in recent years. The deposit is fast and uncomplicated as well as completely anonymous. It is also easy to keep track of your spending. The only disadvantage that the Paysafecard has is that no money can be paid out via it. An extra account is needed here.
Also, the payout is kept very simple at almost every bookmaker. If money was won and the possibly existing turnover conditions are met, the money won can be transferred directly to the bank account. Some bookmakers have limits for the maximum payout per day or week. So if you play with large amounts, you should make sure that the limits are high enough. Below we have another list of the most commonly used withdrawal methods:
- Bank transfer
- PayPal
- Trustly
- Neteller
- Skrill
Betting tax with swiss sports betting?
According to the guidelines of the Swiss Money Gambling Act, the winnings from sports betting are taxable if the net profit is over 1000 Swiss francs per year. Anything less than this you do not have to declare. Importantly, in Switzerland you must be able to prove everything in case the tax office comes knocking. The regulations in Switzerland are unfortunately much more complicated than in Austria and Germany. There, there is no betting tax unless the tax is deducted from the wager. An illustrative example of this is Tipico, for example, which does not pay the tax and the profit thus remains tax-free.
Sports Betting Bonus for Switzerland
As in the online casino, most bookmakers also offer a sports betting bonus. The bonus can either consist of a free bet, but there are also offers for a new customer bonus, where the deposited amount is topped up with a bonus amount. But be careful: Before you accept a bonus offer, always pay attention to the bonus conditions. The bonus conditions may state, for example, that the amount must be wagered at a minimum rate before you can withdraw the new customer bonus.
It happens again and again that the minimum quota, for example, is much too high and the rules that are required until the bonus can be withdrawn are not fair.
Welcome gift in the form of a cash bonus:
Let’s now deal in more detail with the bonus where the deposited amount is topped up. In this case, the majority of your deposit amount will be increased by 100%. However, before you can withdraw it, you have to meet some requirements. Logically, because otherwise you could deposit 100 €, 200 € get this directly pay out again.
Make sure that the required minimum odds are fair and also the time granted is sufficient, so you avoid the case that you have to make emergency bets to meet the requirements.
The free bet:
The free bet is the familiar no deposit bonus from the casino. In many of our tests, this type of bonus has emerged as the best, which you prefer is, however, always your, subjective decision. The free bet is, as the name suggests, a free bet. Often, one or more 10 € bets are credited to the account here, for which, however, does not have to be paid. You can then choose the event of your choice and bet 10 € on it without having to bet a single cent.
Are sports betting – Switzerland legal?
The laws concerning gambling that apply in Switzerland are unfortunately anything but simple and straightforward. Therefore, many providers such as the world-renowned Tipico have withdrawn their offer for Switzerland. However, one thing is clear: no betting tax applies up to 1000 francs in winnings. If it is a local provider, the limit of the net profit is even one million francs. The situation is different for lotteries, casinos and bingo. In this regard, we can not provide accurate information. Also Interwetten Switzerland = legal.
It always makes sense to get information from the Swiss Federal Tax Administration. They are responsible for taxes from gambling and also your own tax advisor can certainly help you. After all, he knows in which tax class you are grouped, and what taxes are accordingly necessary.
Laymen often do not dare to make this information themselves, for fear of making a mistake. Basically, however, it can always be remembered: up to 1000 francs you do not have to give anything.
Conclusion
Finding the right sports betting provider is not exactly easy, especially with the complicated legal situation in Switzerland. Of course, there are some basic rules that should always be followed, but it is not always obvious at first glance which provider is reputable and which is not. We always try to bring out the best for the player, and bookmakers and casinos that have been tested by us are always 100% reputable. So if you are not sure whether a bookmaker is reputable, you can always check our website to see if we have already tested it.
If the bookmaker in question has not been tested yet, you can always work through this yourself, according to our criteria. Pay attention to the license in question, the payment methods and the reviews on the internet written by other players. We recommend only using bookmakers and casinos that do not have negative reviews, so that there are no nasty surprises. If you follow this everything should go well!
FAQ
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📌 Is it possible to bet on sports without paying taxes in Switzerland?
No. Sports betting in Switzerland is always subject to tax. However, there is an exemption amount. For local bookmakers, this is one million francs, for everyone else it is 1000 francs.
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📌 What are the advantages of bookmaker documentation?
If the tax office requires proof of your sports betting activities, documentation of the bets placed can be enormously helpful. If you cannot prove which winnings were made when and how much net profit was achieved in total, this can quickly lead to trouble.
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📌 Are there apps for sports betting?
Yes, many bookmakers also have a mobile app for their sports betting offer. This can be especially handy when betting on the go.
