Detailed review of the top 5 Italian bookmakers
Italy’s sports betting industry has seen tremendous growth over the past few years and the biggest contribution has been online betting, a new and still nascent field that allows millions of football fans to bet on their favorite team. Of course, betting is done for all sports, but football is undoubtedly the biggest sport in terms of levels of participation, attendance and betting. After years of regulatory turmoil and subsequent legislative changes, italian bookmakers are now thriving and betting fans are the beneficiaries. Today let’s Premiumsoccertips.net learn about Italian bookmakers through the article below!
Explanation of Italian bookmakers
Sports betting is one of the most popular forms of gambling in Italy, with the Italian sports betting industry experiencing significant growth in recent years after online betting was legalized in 2006. There are physical betting shops throughout the country, but the online sports betting sector domestically is growing exponentially.
Before 2006, Italy was a region where online betting was prohibited — the government had blacklisted over 500 online betting operators, leaving room for only two state-backed exclusive companies. However, faced with violations of European Union regulations on restricting non-Italian bookmakers, a decree was issued in 2006, opening up the market.
Further developments have been made over the years to gradually become more open to licensed betting websites in Italy. While there is still room for improvement, the country has taken significant steps in the right direction. Currently, there are numerous online betting sites in Italy (both domestic and international) offering top-notch services, akin to those in the United Kingdom.
Is online betting legal in Italy?
In a word, yes. However, Italy has come a long way to achieve this. Before 2006, betting was essentially illegal for some state-owned enterprises in sports and horse racing.
After a European Union investigation found that Italy blocked more than 500 betting sites from operating in the market, the Italian government was forced to change their ways.
After much deliberation, in March 2010, a new law was officially passed by the government. This new law allows operators in the European Union and beyond to start operations in Italy for the first time.
However, things are not so simple, since in order for a bookmaker to actually offer its services, they must first apply for an Italian license. They are issued by Agenzia delle Dogane e dei Monopoli, the body responsible for regulating the industry.
There are a number of requirements that bookmakers must comply with to be eligible for a license, including maintaining a high level of security, generating a certain revenue within Europe, and of course a payment to the authority of €350,000.
Top 5 coppa italia betting sites
1. W88
W88 is one of the leading online betting websites with a strong presence in the Italian gambling market. With over 10 years of experience in the industry, W88 offers a range of sports betting options and online casino games that appeal to players from all around the world.
One of W88’s standout features is its user-friendly website interface, which is easy to navigate and compatible across various device platforms. Users can access W88 from mobile devices such as smartphones and tablets to place bets and participate in games anytime, anywhere. Additionally, W88 offers mobile apps for both iOS and Android, delivering the best betting experience for players on mobile devices.
W88’s payment system is also highly regarded, offering a variety of safe and secure deposit and withdrawal methods. Players can use popular payment methods such as credit cards, bank transfers, e-wallets, and more.
In addition to its betting services, W88 offers attractive promotional programs, including signup bonuses, cashback rewards, and monthly promotions, making it a popular choice for online gamblers in Italy and around the world.
2. M88
M88 is a leading betting website in Italy, known for its diverse and high-quality betting services. With an intuitive and user-friendly interface, M88 allows players to bet online on various sports, from football to tennis, baseball, horse racing, and more. Additionally, M88 provides a rich selection of online casino games like baccarat, blackjack, and roulette, offering players a diverse and engaging entertainment experience. M88 is also renowned for its attractive promotional programs and bonuses to attract new players and retain existing customers.
Moreover, M88 is highly regarded for its reliability and security. With a diverse and highly secure payment system, M88 ensures that players’ personal and financial information is protected. They provide professional and friendly customer service, always ready to assist players with any inquiries related to their online betting experience. With these advantages, M88 is a top choice for those who enjoy online betting in Italy and across Europe.
3. Bet365
Among the global betting sites authorized to operate in Italy is bet365. Bet365 is licensed by the local regulatory authority ADM as well as by the UKGC and MGA. This represents the closest collaboration between regulatory bodies, ensuring that Italian bettors can trust this platform. However, local payment services are not supported by bet365.
Instead, you can deposit and withdraw funds through methods such as bank cards, e-wallets including PayPal and ApplePay, bank transfers, and various other methods. All these transactions are free when you engage in online sports betting.
4. Betway
Betway is a betting company established in 2006, serving over 2 million users worldwide. With an innovative interface and diverse betting markets, Betway has attracted the interest of many players. In Italy, Betway operates through the Betway.it website, managed and licensed by AAMS (Italian Gaming Authority).
Betway is also licensed to operate by national regulatory bodies in several other countries such as Belgium, Spain, France, Sweden, and the United Kingdom to provide sports betting services in these regions. They are long-time partners of the West Ham United Football Club and some La Liga clubs.
Betway accepts various payment methods such as PostePay, PayPal, Skrill, Neteller, paysafecard, and credit cards, providing convenience for players when transacting online on their platform. With its diversity and reputation, Betway is one of the top choices for sports betting and online casino players globally.
5. Unibet
Unibet is a betting company established in 1998, headquartered in Stockholm, Sweden. The company is publicly listed on the NASDAQ OMX Nordic Exchange and serves over 10 million users from more than 100 countries worldwide. Unibet is one of the leading online betting companies and is licensed and regulated by AAMS (Italian Gaming Authority).
Unibet is a pioneer in innovation in the gaming sector and has obtained operating licenses in several European countries, including Italy, complying with strict regulations in the industry.
Users at Unibet.it can conduct banking transactions through various payment methods such as PostePay, credit cards, debit cards, PayPal, Skrill, Neteller, and paysafecard. This provides convenience and flexibility for players when conducting financial transactions online on the Unibet platform. With its diversity and reputation, Unibet is one of the top choices for online betting players globally.
Why are these considered highly reliable bookmakers in italy?
Trust plays a significant role in the relationship between you and the gambling websites you choose. You need assurance that your information is secure, your funds are segregated for use in your betting account, and the company will continue to operate long-term so your money won’t disappear due to bankruptcy or mismanagement.
Currently, there are hundreds, if not thousands, of sports betting websites in operation. Many of these businesses are quite small, unregulated, or managed from jurisdictions that provide little oversight and consumer recourse in case of disputes.
Smaller companies are vulnerable to financial fluctuations that can occur when running a betting site. There have been numerous stories of smaller websites not paying out bets due to liquidity issues, or worse, simply ceasing operations and causing players’ account balances to vanish.
Therefore, it’s best to gamble with companies that are sufficiently large and have adequate liquidity to handle such fluctuations, ensuring they will always honor the bets placed. Larger companies concerned with the Italian market have invested in obtaining AAMS licenses, which partly ensures their liquidity.
All reputable gambling websites are well-established and managed by these legal jurisdictions. They use SSL certificates to secure your connection to their website through encryption. Just look for the green padlock icon in your browser as well as ‘https’ in the URL bar, instead of just ‘http’.
Conclude
Despite the similarities between sports betting in Italy and in the UK, it’s important that you always read and understand your preferred bookmaker’s terms and conditions before signing up. If you come across something new and don’t understand anything, you can contact your italian bookmakers customer service for a clear explanation before continuing. A lot of international and well-known betting sites are operating in Italy, so be sure to follow this guide when choosing the best bookmaker that suits your needs.
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