Betting friendly countries

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KenWilber
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KenWilber

Betting friendly countries
« on: March 14, 2017, 03:26:10 PM »

Which countries in europe are most betting friendly?
Regarding this topics:

1. Allowing to bet on online betting sites without restrictions
2. Taxation of income from sports betting to be zero or close to zero.
3. Not bothering too much with wire transfers from skrill or neteller to personal bank account.

I am from croatia and here is forbidden to bet on any online betting sites so I am looking for an alternative country to move.
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NXV
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NXV

Re: Betting friendly countries
« Reply #1 on: March 14, 2017, 11:35:31 PM »

Austria :)
+Access to almost every sportsbook
+No tax on sportsbetting
+Most of the banks don't care about Skrill/Neteller transactions
+Not far away from Croatia 
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antemartic
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antemartic

Re: Betting friendly countries
« Reply #2 on: March 15, 2017, 01:06:34 AM »

Austria :)
+Access to almost every sportsbook
+No tax on sportsbetting
+Most of the banks don't care about Skrill/Neteller transactions
+Not far away from Croatia
This most are incorrect. I'm from Croatia and I go to Austria from same reason. First problem is to stay in Austria. You can do it to get job there, open company or with private money. They do not accept Croatian workers, If open company you need some bills to show if someone want them to check and last with private money. You need abot 25k eur at bank account and take confirmation from bank about it for one person but if you have family you need 50k or more. also involve private social security which was around 900eur for my family per month. and last about taxes I go few time to tax  advisor and free of taxes is  11 or 13k per year everything above you must pay taxes. it's tax free if someone get luck and won 100k but if you professional and make for living you must pay taxes. and last when I needed to shown private money to stay there I withdraw from my neteller and skrill enough money. They call me from bank and ask about money. After I told them where it come from they wanted list of my transaction last six month from skrill and neteller so I sent them. And most scary was when they start asking who are peoples who send me money. I would't sugest you to go there. I come back to croatia
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sevvvvv
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sevvvvv

Re: Betting friendly countries
« Reply #3 on: March 15, 2017, 01:07:09 AM »

Malta.
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showMeDaMoney
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showMeDaMoney

Re: Betting friendly countries
« Reply #4 on: March 15, 2017, 09:45:06 AM »

Australia is a very friendly country when it comes to betting.
It is the highest gambling country per capital in the world.
So you can get away with alot of things.

but you are blocked from about half the bookies from the UK

I think Malta could be good, considering that is where the majority of bookmakers have licenses.
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maletaja
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maletaja

Re: Betting friendly countries
« Reply #5 on: March 15, 2017, 11:05:50 AM »

Im suprised that UK isnt that list. Mayby arbing isnt issue, but sharbing should have potenitial
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junoreactor
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junoreactor

Re: Betting friendly countries
« Reply #6 on: July 18, 2017, 04:35:28 AM »

Austria :)
+Access to almost every sportsbook
+No tax on sportsbetting
+Most of the banks don't care about Skrill/Neteller transactions
+Not far away from Croatia
Austria = no Betfair Exchange

Malta is the best choice, as sevvvv said above.
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blackjim
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blackjim

Re: Betting friendly countries
« Reply #7 on: July 18, 2017, 12:17:31 PM »

A note on tax.

I know in the UK, gambling profits are not taxed, unless it's your main source of income.
If you are able to show that you have a main source of income ( even a very low wage ) then gambling profits are not taxed.
And I would be amazed if the same doesn't apply in other countries.

I don't think any big country will let you be a professional trader without taxing you.
Cause that's basically who you are if you live on gambling profits.

Whoever lives in Austria can maybe confirm that?

In the UK banks won't block any transaction with skrill/neteller/etc.

By the way, even if you do move to another country, how are you going to find new ids to open more accounts?
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