BetBurger | Live and Pre-game surebets
RebelBetting - Turn betting into investing

Pinnacle, Smarkets and 1xbet obtained Italian licenses

Share ideas and experience on bookmakers. Search before starting any account
Blackoutt777
Gaining experience
Gaining experience
Karma: 1
Posts: 61
Joined: Wed Sep 11, 2019 4:38 pm

Re: Pinnacle, Smarkets and 1xbet obtained Italian licenses

Tue Mar 10, 2020 10:54 am

Well,
so I am in the opposite situation and I don't know what to do.
I am actually earning money on Pinnacle with agents.
alealeale
Totally Pro
Totally ProTotally ProTotally ProTotally ProTotally Pro
Karma: 45
Posts: 702
Joined: Thu Mar 01, 2018 6:18 pm

Re: Pinnacle, Smarkets and 1xbet obtained Italian licenses

Tue Mar 10, 2020 11:33 am

Blackoutt777 wrote: Well,
so I am in the opposite situation and I don't know what to do.
I am actually earning money on Pinnacle with agents.
I think you should wait for the end of the year and then do calculations, I also think nobody in Italy declare
betting winnings, I would do if my incomes came from it (but I also should be sure not to give extra taxes later). I prefer to have 80 and being peaceful instead of having 100 with the fear. Invest some of your earnings to ask an accountant how to behave in your case, his advices are better than mine.
Blackoutt777
Gaining experience
Gaining experience
Karma: 1
Posts: 61
Joined: Wed Sep 11, 2019 4:38 pm

Re: Pinnacle, Smarkets and 1xbet obtained Italian licenses

Tue Mar 10, 2020 1:22 pm

Alright, I studied a bit.
It is such an unfair world (at least here in Italy).
Italy inhibits foreign websites to prevent illegal activities such as scam from these websites or fiscal evasion from citizens. Even if people are willing to declare their income the problem is that there is a list of all the websites that are inhibited and considered illegal because without license/authorization. What is more than a problem is that in this list there are the best agents available at the moment. So I can not figure out why it is possible to access these agent's website and open an account but they are for sure included in the inhibited list.
These goes against the government at the same time because there are probably people like me and you willing to declare the profits that would bring money in.
What upsets me the most (other than an income included between 50K and 100K a year I would have wanted to declare and pay taxes on) is that everything is fine until you lose your money then as you start making some you are stopped by these non sense inhibitions.
Last edited by Blackoutt777 on Tue Mar 10, 2020 1:34 pm, edited 1 time in total.
hk
hkbestrader

Re: Pinnacle, Smarkets and 1xbet obtained Italian licenses

Wed Apr 01, 2020 8:01 am

quintilio wrote: Hi Karma,
my strategy is the following.

1) Have access to Pinnacle (via broker, I don't have problem to choose one of another, i would like to use the easiest solution because I don't want to lose time in the assistance chat).
2) 1xbet in order to change Marathonbet that limit me everytime (did you have problem with 1xbet about this point?)

Are you able to add in Betburgher other italian minus bookmaker like Domusbet and Stanleybet?

Thanks so much.

Quintilio.
Marathon used to be a lot better than 1xbet
I started marathon account with a poor run and small bank, ended up I can withdraw a lot from them. But not sure for now.

The betting industry regulation is so poor. Firm like 1xbet, do lots of marketing everywhere including bookies review website, gaining trust, then kill ALL winning bets of smart punters. Only-win business.
Camma23
Has experience
Has experienceHas experience
Karma: 15
Posts: 227
Joined: Fri Jan 17, 2020 8:57 am

Re: Pinnacle, Smarkets and 1xbet obtained Italian licenses

Wed Apr 01, 2020 10:04 am

alealeale wrote:
Blackoutt777 wrote: Well,
so I am in the opposite situation and I don't know what to do.
I am actually earning money on Pinnacle with agents.
I think you should wait for the end of the year and then do calculations, I also think nobody in Italy declare
betting winnings, I would do if my incomes came from it (but I also should be sure not to give extra taxes later). I prefer to have 80 and being peaceful instead of having 100 with the fear. Invest some of your earnings to ask an accountant how to behave in your case, his advices are better than mine.
unfortunately I've read this thread only now. Btw :
the situation is not clear as you say. Every italian gambler would be happy to tax his profit and make everything clear but the truth is very different :
- lost money aren't compensated with won money
- even if you theorically did all your calculations correctly, you would get fined anyway bcs there is an old law that fines you if you simply bet on not authorized (under ADM/AAMS) bookies

ps. I tried to reach Blackout to discuss this situation further but he refused to. So I'm a bit resigned about everything, if not even us italians coopperate in these unlogical situation
Last edited by Camma23 on Wed Apr 01, 2020 10:06 am, edited 1 time in total.

Return to “Bookies discussion”