The Czech Republic is located in the central part of Europe sharing borders with Slovakia to the east, Austria to the south, Germany to the west, and Poland to the north. It peacefully separated from Slovakia on the 1 st of January 1993 to become a separate country. There is so much to talk about including the sport culture, history, and the changing laws on gambling. This article will provide the reader with all the information needed to know about Czech sports betting from the history to the present best betting sites in Czech.
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Table of Contents
Summary of Key Events
Understanding Czech Gambling Laws
A Brief History
Gambling has always been a part of the Czech Republic, and the history of this phenomenon is rather interesting. The first records of gambling prohibitions go back to 1355 when Emperor Charles IV provided for its prohibition in the Maiestas Carolina code.
- 18th Century: The sale of licenses for the lottery and gambling shops started.
- 1919–1939: Czech casinos and especially slot machines started to appear in the period between the two world wars.
- 1948–1989: State controlled betting was allowed in the course of the communism rule.
- 1990: The post-soviet period characterized by the 1990 Law on Lotteries and Other Like Games legalized casinos and gaming machines.
- 2012: The other forms of gambling such as online lottery, sports betting among others were legalised through an amendment.
- 2016: The most recent one is the 2016 Gambling Act that has legalised and regulated other kinds of online betting.
Current Legal Framework
As a definition under the Gambling Act, gambling entails any game of chance, betting or lottery where the outcome is uncertain that is, it is dependent on chance or some other event which may or may not occur. Out of these, the law has provided guidelines in form of seven categories of gambling to help the operators to be in a position to be compliant to the law if not then they are considered to be non-compliant.
Regulatory of Betting Sites in Czech
The Czech government has put several bodies in place to oversee and control the incidences of gambling in the region.
- Ministry of Finance: The principal organization that has the responsibility of issuing licenses and regulating the laws in the given country.
- Czech Gaming Board: This they do by making sure that every player is playing the game as is expected and that none of the players is flouting any of the rules that have been set down.
- National Drug Policy Coordinator: Includes issues that pertain substances and services that are addictive like gambling.
Types of Gambling Permitted
Some forms of betting and gambling are permitted in the Czech Republic according to the Czech law.
- Odds Betting: E. g. , in sports, to foretell the results of a particular event such as a match.
- Totalisator Game: A form of betting which is quite similar to odds betting but the prizes to be won are determined by the number of people who won.
- Lottery: These include the numerical lotteries, instant lotteries and many more.
- Bingo: To get a form of numbers on a ticket for a win.
- Technical Game: Also covers for the electromechanical games such as slot machines and others.
- Live Game: Table games which are popularly found in casinos.
- Raffles: The following are only to the extent that the prizes are determined by a draw that involves only sold tickets.
Gambling Licensing and Fees of Czech
As you may expect, a license to conduct the gambling business is not issued easily and costs a lot of money.
- Application Requirements: The operators must give out more information on the premises, equipment and financial guarantee.
- Fees: Each gambling room is up for a fee of CZK 1,000,000 to CZK 50,000,000. For every casino, the costs stand between 10,000,000 CZK and 50,000,000 CZK.
Taxation
The gambling operators are charged special taxes which are based on the gross gaming revenues (GGR).
- Tax Rates: Lotteries and technical games took 35% and other types – 23%.
- Minimum Tax: It is the amount of CZK 9,200 for each slot machine for one calendar quarter.
- Corporate Income Tax: The two-thirds of the company’s profits.
- Player Winnings Tax: CZK 1,000,001 or more a player wins are taxed at 15% on income tax.
Best Betting Sites in Czech Republic
Below is a list of some of the best betting sites which you can visit.
Dafabet
Dafabet: Gives an added incentive depending on the kind of betting that is being done.
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Betandyou
Betandyou: Also, provides a welcome bonus of up to 5,000 CZK and regular bonuses and campaigns.
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20Bet
20Bet: Boasts of a very rich loyalty program for sports and casino betting services.
Up To £150 + Recharge £150 Free Bets
Milestones in Czech Sports
The Czech Republic is not a new comer in the field of sports triumphs. Here are some milestones.
- 1988: First Olympic gold medal in ice hockey at the Winter Olympics.
- 1999–2001: Three times in a row, the World Championships in ice hockey.
- 2010: Gold in the men’s world ice hockey championship.
Celebrating Sports Stars
Some of the greatest athletes of the world come from the Czech Republic.
- Jaromír Jágr: Professional hockey player with lots of achievements.
- Pavel Nedvěd: A famous football player that receive the Ballon d’Or in 2003.
- Martina Navratilova: Famous tennis player with 18 titles in the singles category of Grand Slam.
Laws of Neighboring Countries on Gambling
Below are the brief guidelines on the gambling rules in three neighbouring countries.
- Austria: Many complications with the licensing process and very high taxes are also an issue.
- Germany: Still relatively new market that has been legalised for online gambling but has very strict rules in place.
- Poland: Tough anti-gambling laws but with few choices for online betting.
Conclusion
Entering the world of Czech sports betting and gambling online could be rather confusing, but it helps when you know where to begin. This guide has provided information on the legal framework to the best betting sites that you can visit. As for those who are interested in betting, want to do it responsibly, but at the same time have fun Czech betting sites will provide many options.
FAQ about Betting Sites in Czech
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