[arbitter101]

During these tumultuous times, we are witnessing the rise of the Romanian bookmakers as never before. The quantity of online and offline bookmakers is increasing rapidly gaining sky-high traction and more and more people are forced to using online bookmakers due to the rising restrictions.

 Bookmakers are using now more than ever PR moves such as contracting local stars, vloggers, sport analysts, and sport stars in order to increment their visibility. By mere observation we can assess that there are bookmakers piled up one upon another on the main boulevards of cities as well as scattered around the
rural areas.



Virtually all of the online Romanian Bookmakers offer sign-up bonuses that are very interesting for Matched Betting, I will not write about them specifically here because they are subject to change, but the trend is that the majority offer 100% of approximately 70 Euros as a welcome bonus, which can be easily be monetised.



Smart Betting

Theoretically smart betting is not allowed but in practice of course it is. There are some bookmakers which specifically state the interdictions against arbing in their T&C. It is also rumoured that there is a shared data-base between bookmakers which they check for suspicious arbing accounts.

As an immediate repercussion of bookmakers spotting an arbing situation, they will limit the account to low sums, the second step of course is that they will probably ban the account for further use.

Taxation and Legal Matters

All online operators must use KYC systems in order to verify the identity of their customers. During this process the bookmakers will ask you for ID, address proof (phone bill, electricity bill, etc.) or for a detailed bank statement (where the address coincides with the one on your ID), there can also be situations where users will have to upload a photo of their debit/credit card.

As for taxation, for offline bets there will be a 5% tax for the actual bet and if the user wins a bet they will have to pay:
1% of the value for sums under 13.678 Euro (approximately);
16% of the value for sums between 13.678 - 91.188 + 136 Euros;
25% of the value for sums over 91.188 + 12.538 Euros;

These taxes will be automatically deducted at the bookmaker.

As for online betting, there is a tax called “vice tax” which is 2% of the actual deposit. There are some bookmakers which bare this tax themselves but usually the client will have to pay for this.
The same taxation scheme as for the offline bets is applied, only that it is based on the withdrawal rather than for winning bets.

Conclusion

All in all, the Romanian betting scene is clearly on the rise, it is in complete legality with strict rules applied from government authorities upon Bookmakers that favour and help increase its usage. Of course due to “covid” more and more people have migrated to online betting rather than offline, which in turn provokes the watchful eye of authorities even more, forcing Bookies to maintain a legal yet profitable market that can sustain the massive impact of customers pouring in on a daily basis.

[CharlieSheen99]

What do you mean with 5% tax for the actual bet?

[robotzel78]

GoBet is not anymore. Was some Superbet's francise, and they closed more than two years ago.

[campeones]

The Romanian market is one that worths taking a shot. The regulation replaced the pervious Eldorado but didn't kill it. It helps a lot that Romania is flourishing as an economy.

[neopas]

The Romanian market is one that worths taking a shot. The regulation replaced the pervious Eldorado but didn't kill it. It helps a lot that Romania is flourishing as an economy.

Would you like to speak about Betano here?

My bookmakers

Started by vivakodal Bookies discussion

5 bookmakers

Started by monstro88 Newbie's questions

Romanian tax

Started by ArberPro Arbing, matched betting and trading talk

how bookmakers fix odds

Started by jagas Newbie's questions

Three new bookmakers added

Started by RebelBetting RebelBetting

Bookmakers Max Limits

Started by mtysocks Bookies discussion

Three new bookmakers added - again!

Started by RebelBetting RebelBetting

BetBurger.com - Must have Bookmakers!

Started by betburger « 1 2 ... 15 16 » BetBurger

How do you lose by certain bookmakers?

Started by surbetdk Arbing, matched betting and trading talk

Arbitrage friendly bookmakers

Started by longy70 « 1 2 » Bookies discussion

Russian bookmakers

Started by arbusers « 1 2 3 4 5 » Bookies discussion

Italian bookmakers

Started by arbusers Bookies discussion

Bookmakers asking for proof of income

Started by BHT « 1 2 » Bookies discussion

Asian bookmakers

Started by stentasch Newbie's questions

bookmakers that do not limit arbs?

Started by DonPablo Arbing, matched betting and trading talk

Bookmakers most active

Started by Gurkha Bookies discussion

How bookmakers track your

Started by Bobo Arbing, matched betting and trading talk

Which Bookmakers used in the UK

Started by lisalou80 Bookies discussion

7 new bookmakers added to RebelBetting

Started by RB-Simon RebelBetting

Can bookmakers see where exactly i am?

Started by georg41 « 1 2 » Newbie's questions

Registration in bookmakers

Started by viesis2 Newbie's questions

Austrian bookmakers

Started by Alabaster Bookies discussion

Bookmakers who don't limit winners

Started by Johnny Utah Newbie's questions

Do Arb Services need permission from Bookmakers?

Started by barnstorm General talk about alert services

Bookmakers who don't limit to zero?

Started by Thunderclap Bookies discussion

Which bookmakers would you like us to add to RebelBetting?

Started by RebelBetting RebelBetting

asians bookmakers

Started by gamblehappier Bookies discussion

Which bookmakers would you like us to add to RebelBetting?

Started by RebelBetting « 1 2 » RebelBetting

Local Bookmakers

Started by betburger « 1 2 3 4 5 » BetBurger

Bitcoin Bookmakers

Started by betburger BetBurger

Alternative bookmakers

Started by neopas Bookies discussion

Local Bookmakers

Started by mashtee Bookies discussion

I'm looking for soft bookmakers

Started by kuker Newbie's questions

Stoiximan and Betano in Romanian market

Started by campeones Bookies discussion

Best bookmakers

Started by peny22 Arbing, matched betting and trading talk

French bookmakers

Started by polltrow74 Bookies discussion

Which bookmakers?

Started by peny22 Newbie's questions

VPN for UK bookmakers

Started by peny22 VPN - VPS - VPC services

Bookmakers merging into one

Started by sadedu95 Arbing, matched betting and trading talk

bookmakers api / odd feeds

Started by meisterhaft Value betting talk

Bookmakers in italy tax report

Started by Niklaus Bookies discussion

What bookmakers

Started by peny22 Bookies discussion

Two more top US bookmakers added

Started by RebelBetting RebelBetting

One of your most requested bookmakers added

Started by RebelBetting RebelBetting

Best Bonus on Bookmakers?

Started by Ryurien Arbing, matched betting and trading talk

Bookmakers with very fast bet placement

Started by Arbmaster001 Bookies discussion

Dream Team BookMakers

Started by IGT-UTF-8 Arbing, matched betting and trading talk

About Russian bookmakers

Started by Arbmaker77 Bookies discussion

Bookmakers with bonuses

Started by peny22 Bookies discussion