Top 5 betting sites Greece: Safe, reliable for New Players

Betting sites Greece are an important part of today’s online entertainment industry. With the rapid development of technology and the rise of interest in betting, players in Greece have many options to participate in online betting activities. These sites not only provide the opportunity to bet on their favorite sporting events, but also allow players to experience online casino, poker and many other games easily from the comfort of their family or anywhere with an internet connection. Let Premiumsoccertips.net learn about betting sites in Greece through the article below!

Online Betting in Greece

To say that Greece has a long history of betting is an understatement. Around 300 years before Cleisthene created the first form of democracy, Grecians had already invented betting during the ancient Olympic Games – starting during the Bronze Age. Sports betting greece has been entrenched in Greek history and sports ever since.

In the modern era – some 3000 years after inventing sports betting – Greece continues to improve its betting market. Across the last year, gross gambling revenue (GGR) reached €1.9 billion (£1.67 billion) – 39% of which was through online activity. Meanwhile, the online gambling market is estimated to hit €1 billion by 2024.

Sports betting in Greece has continued to rise in popularity thanks to the many Greek athletes who are making a name for themselves on a global scale – something not seen in a while.

Check out the hot football tips to increase your winning odds when participating in online football betting.

Are betting sites in Greece legal?

When it comes to gambling laws, Greek punters have been on quite the rollercoaster ride over the last few years. To make a long story short, yes, online gambling is legal in Greece if operators have obtained a license from the Hellenic Gaming Commission (HGC). The application process for these licences came into force in late 2020, with the intention of regulating a previously chaotic market.

Before all of this, however, the Greek authorities heavily opposed online gambling for a long time. For a period in the early 2000s, a blanket ban on all electronic gaming was in place, which bizarrely even prohibited people playing computer games like chess and backgammon in public! In 2012, online gambling was made officially legal, and interim licenses were issued out to a group of international bookies. The drama didn’t stop there, though, as the Greek government tried to make online gambling a monopoly of state-owned company OPAP A.E. shortly after.

Many lawsuits later, the EU deemed this monopoly to be illegal, leading to the new gambling regulations that have been put in place today.

Having said all this, there are some notable downsides accompanying Greece’s new rules. These include a considerable 35% tax on all gaming revenue, a €2 maximum stake limit on casino games that use an RNG (Random Number Generator), and low maximum winning caps. RNG games must also abide by a three-second spin limit, meaning players must wait until they start a new game cycle, except in the case of poker.

The Hellenic Gaming Commission takes its responsibilities very seriously, providing a full list of non-licenced operators on its website. Known as the ‘Blacklist’, there are currently 4416 bookies who are prohibited to offer their services in Greece.

Despite these restrictions, big names such as bwin, and Sportingbet are all currently plying their trade in the country. You will notice that most Greek bookies don’t offer welcome bonuses or generous betting promotions, though.

You can refer to: Top 5 betting site Philippines in 2023 worth experiencing

Top 5 best sports betting sites Greece

1. W88

W88 is an online betting website known for its widespread popularity in many countries, including Greece. This website offers a wide range of diverse betting options, from sports betting and online casinos to poker and various other games. With a multifunctional platform, W88 provides a versatile betting experience for players at all levels.

W88 has built a strong reputation in the gambling industry thanks to their reliability and security measures. The website adheres to regulations and gambling licenses in the countries where they operate, ensuring that players can engage in betting activities safely and with confidence. Additionally, W88 regularly offers enticing promotions and incentives to attract new players and retain existing members.

With an intuitive and user-friendly interface, as well as support for multiple languages, W88 creates a convenient environment for players to enjoy the world of online betting. This, combined with the diversity of betting options and a commitment to reliability, has made W88 one of the leading betting websites in Greece and many other countries worldwide.

2. 22bet

Greece bettors can always rely on 22bet whenever they are looking for competitive odds on some of the biggest sporting events. The bookmaker can make your experience extremely fun and fruitful, with betting markets allowing you to place different bets and choose the options you find most suitable for you.

While 22bet offers the smoothest betting experience in the comfort of one’s home, the bookie also has a fully-optimized mobile version that allows easy betting on the go. Whether it is a pre-match bet that you want to place or you are considering in-play betting, at 22bet, you will be able to place the stakes you prefer.

3. Bet365

Greece is one of the numerous countries where bet365 operates, offering punters the chance to enjoy a top-notch betting experience. The sportsbook section of the brand caters to the needs of various bettors, offering odds on a myriad of sporting events. Football, tennis, and basketball are among the popular sections of the sportsbook but bettors will have the opportunity to explore many more options.

To please every type of punter, the bookie is offering both pre-match and live betting, with each option offering different betting markets. For those who are constantly on the move, there is a dedicated mobile app that will allow easy sports betting on the go.

4. NetBet

NetBet is a gambling brand that can help Greek bettors to revel in a very rewarding, fun, and smooth virtual betting experience. The bookie is offering odds on various popular sports like football, basketball, tennis, and many more. Do not hesitate to check all categories as even the less common sports options can offer exciting bets.

As a member of NetBet, you will have the chance to make pre-match bets on your favorite sporting events. However, many of them might also be available in the in-play betting section of the bookie. That way you will be able to decide on your bets as games are being played in real-time.

5. Sportsbet.io

Bettors will be able to enjoy a top-notch sports betting experience if they join Sportsbet.io and start placing wagers on their favorite sporting events. This is a crypto sportsbook, meaning punters will be able to use many of the popular cryptocurrencies to fund their betting wallets and withdraw their winnings. Using crypto for betting can be considered a huge advantage as it allows extremely fast and secure payments.

In addition to convenient payments, Sportsbet.io also offers a great betting experience thanks to a variety of wagering options. The bookie covers some of the most popular sports as well as some more niche categories. With fun betting markets and even in-play bets, this sportsbook can easily become your favorite place to bet on sports.

FAQs about sport betting sites Greece

Here are some common questions about betting websites in Greece and their corresponding answers:

How can I ensure that the betting website I choose is safe and reliable?

To ensure safety and reliability, check if the website is licensed to operate in Greece and complies with local gambling regulations. Reading reviews from other players can also give you an overall impression of the website.

What types of bets does a betting website typically offer?

Betting websites typically offer sports betting, online casinos, poker, and various other games. Specific options may vary depending on the website.

How can I make financial transactions on a betting website?

Betting websites usually offer multiple payment methods, including credit cards, bank transfers, and e-wallets. Make sure the website supports a payment method that suits your needs.

Do betting websites have promotions and bonuses?

Most betting websites offer promotions and bonuses to attract new players and reward existing members. These programs may include bonuses, free bets, and other incentives.

How can I withdraw money from my betting account?

To withdraw funds, you typically need to log in to your account and use a withdrawal method supported by the website. The website will guide you through the withdrawal process efficiently.

Conclude

In the future, the development of betting sites Greece promises to continue in a positive trend. With a combination of diverse betting experiences, reliable safety and attractive promotions, these sites will continue to attract the interest of domestic and foreign players. Greece will continue to be a suitable destination for lovers of the world of online betting, and along with the variety and utility these sites offer, they will continue to play an important role in the country’s online entertainment industry. I wish you every success!

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