How to Do Matched Betting in Germany?

14 May, 2020

Matched Betting is a proven way of making extra cash without too much hustle. It is a legit method to make money quickly that almost anyone can do.

We say ‘almost’ because in order for you to be able to earn money via Matched Betting, online sports betting needs to be legal in your county.

This is the reason why we decided to do a series of articles discussing different countries and their stance on betting.

So far, we’ve covered dozens of countries, including the United Kingdom, Norway, Italy, and many more.

Now is the time to talk about Matched Betting in Germany!

Before we get into the discussion about German gambling laws, taxes, sportsbooks, and everything else regarding Matched Betting in this country, there’s one thing we need to do first. Let’s make sure that you know what this method is all about!

What is Matched Betting?

Online bookmakers use all kinds of tricks to lure new players in. One of the most common tricks is to offer them seemingly attractive welcome bonuses.

In most cases, they look awesome until you read the small print. More often than not, sign-up bonuses come with wagering requirements that are very difficult to clear.

This however, is only true if you focus on luck to clear the bonus requirements. If you use math for this purpose, you can clear the bonuses risk-free.

By backing an outcome with the bonus and laying the same bet with your money at Cover Bookmaker or Betting exchange, you make sure that you’re going to win no matter what. This method is called Matched Betting!

You can do Matched Betting for any bonus deal at any bookmaker. However, not all bookmakers give good bonuses. This is why it’s best to stick to those recommended by Oddshero.

By using our software, you will be able to take advantage of best bonus deals at best bookmakers, betting on best odds.

With Oddshero, you can do Matched Betting on a variety of sports, including those that are most popular among German bettors.

For example, this tool enables you to do Matched Betting on Bundesliga games.

Is Betting Legal in Germany?

Germany has a long and rich history of sports betting.

In the past, the state had a monopoly over sports betting. German bettors had to place their bets at state-owned sportsbooks, namely Toto (Sportwette) and Oddset.

However, things changed drastically in the early years of the 21st century. With the rise of the internet, Germany decided to embrace the technology and let online sportsbooks offer their services to bettors based in this country.

At first, only sportsbooks with German operating licenses were allowed to operate. However, in 2016, the EU decided that Germany had no ground to ban its citizens from betting at offshore bookmakers.

As a result, there are now many online bookmakers Germans can use for Matched Betting.

Is There Any Tax on Betting in Germany?

In Germany, there is a 5% tax on revenue/turnover for sports bettors, which is quite high! The good news is that some bookmakers have decided to pay the tax for their customers.

Others, on the other hand, have decided to battle this law by offering better odds to their bettors.

Still, even if you have to pay the tax, 5% is not too much, especially knowing that you’re going to be making a lot of money through Matched Betting.

Of course, we understand that Matched Bettors want the very best for themselves. This is why we’ve decided to help out our German customers by providing them with a list of best bookmakers.

Best Bookmakers for German Matched Bettors

There are several boxes that bookmakers need to tick in order to be called the best. First of all, the best bookmakers for German Matched Bettors need to accept players from this country.

Secondly, the bookmaker needs to have a user-friendly attitude toward German bettors. For instance, they need to offer banking methods frequently used in Germany. It would also be great if the bookmaker allowed betting with the Euro currency.

Finally, the best bookmakers for German Matched Bettors also need to have awesome bonuses.

With that in mind, here are a couple of bookmakers that seem perfect for Matched Bettors from this country!

Tipico

The fact that Tipico is a sponsor of Bayern Munich tells a lot about how big this company is in Germany.

Good marketing is just one of the reasons why German bettors love this sportsbook. An even bigger reason is that Tipico belongs to the category of Germany bookmakers that pay the gambling tax for their players.

Finally, Tipico also has some amazing bonuses, which makes it a fantastic choice for German Matched Bettors. At the moment, new players can get a 100% welcome bonus up to 100€.

Bwin

Bwin is another sportsbook with links to Bayern Munich. In the past, Die Roten used to have this sportsbook’s emblem on their shirts. The same was the case with Real Madrid and many other giants of European sports.

All of that suggests that bwin is a responsible sportsbook. It really is - this bookmaker is famous for its very user-friendly attitude.

The reason why German Matched Bettors should sign up to this bookmaker is that it’s giving away some really good bonuses. Bwin’s welcome offer comes in the form of a 100% match deposit bonus between 10€ and 100€.

Interwetten

Founded in 1990 in Vienna, Austria, Interwetten is a sportsbook focused on the German market. Its website and app are available in German and their betting offer cover all the German sports, Also, the Euro is accepted.

The best thing about Interwetten, however, is the fact that it gives away some really impressive bonuses.

Apart from the 100% welcome bonus up to 100€ with a 5x wagering requirement, there are often many other deals you can take. For instance, at the moment, there’s a 50€ cashback offer available.

888sport

888sport is famous around the world as a very reliable online bookmaker. It also has some really great bonus offers.

For those bettors living in Germany, there’s a 100% bonus available. The bonus goes up to 200€ and in order to turn it into real money, you need to wager it 6x on odds higher than 1.50.

Betway

Another global sportsbook brand that’s decided to switch its focus to the German market is Betway. Famous for being fair and user-friendly, this bookmaker has also started giving away some really awesome bonuses.

German players can grab the 100% welcome bonus up to 250€. It comes with a 6x wagering requirement and the minimum odds of 1.75.