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Thus, the new Germany online casinos get closer regardless of what language you speak and where you live. For many players, the choice of payment methods available is the very important point when choosing the best German casino online to make real money bets.
Most of the approved and reliable online casinos accept several depositing options including VisaMasterCard cards, PayPal, and bank transfers.
So if you are looking for the best paying online casino in Germany, just pick the one from the list and enjoy the variety of the online casino games of all kinds.
Online Gambling Laws and Regulations in Germany If you were wondering is online gambling allowed in Germany, here is the bad news.
According to the German online gambling laws stated in the Interstate Treaty on Online Gambling , all kinds of online gambling are considered illegal.
The good news is that the market is not strictly controlled and, moreover, there are possible positive changes in the online gambling law in Germany that will give more space to the international casino operators and make the whole online gambling industry of Germany more friendly to the players.
Germany online gambling has always been quite a controversial issue. There were no online gambling laws in Germany until when gambling online in Germany became illegal including all kinds of sports betting activities and poker rooms.
According to the new online gambling Germany legislation, it was prohibited to host and give access to the international online casinos but not a single German player have ever been prosecuted for making bets in the EUR casino.
During the short period of time, the German state of Schleswig-Holstein had its own gambling legislation which made online gambling in Germany legal, or in this part of the country, to be more precise.
Even though these laws were only in force for about a year, the state managed to issue the online gambling license of Germany to 50 sports betting companies and online casinos that are the only legal online casinos in Germany for today.
These German online casinos will have their licenses until when the new online gambling authority in Germany will come into force to make the first steps to introduce the legitimate online casinos for Germany players and make it legal to play in the online casino for real money in Germany.
Despite the complicated legislation, gambling is quite popular in Germany and brings about EUR 16 billion to the state treasury including offline casinos, lotteries, poker, and sports betting.
History of Gambling in Germany German gambling market has a long and complicated history that dates back to the ancient times when the soldiers of the Roman Empire were killing time by playing gambling games.
The first casino in Germany and possibly the first casino in the world was opened in and this is when the long story of permits and bans started.
The modern history of the Germany based online casinos had several important dates that rapidly changed the gambling situation in the country.
The internet casino market became regulated in Germany when the Interstate Gambling Treaty was approved. Before this year, all EUR casinos and gambling activities in Germany were not controlled by the German government.
The Treaty banned all the best online casinos for Germans and all the other online gambling activities. The European Court of Justice proved German gambling market to be the monopoly.
German gambling legislation has been criticized by the European states. The Schleswig-Holstein state decided to create its own online gambling market and gave quite a lot of licenses to the top online casinos for German players, making the online gambling partially legal in Germany.
Among the gambling sites that were given the Schleswig-Holstein licenses, there were the PokerStars, Betfair, and Bet The Schleswig-Holstein state signed the Interstate Gambling Treaty and joined the rest of the state in online gambling ban.
The licenses are not being issued anymore while the existing ones will be in force until The Sofort Payment Network will allow you to deposit on various gambling sites online.
Another option is eKonto, presently accepted by about different online casinos including Casino and William Hill. Click2Pay is another solid payment option, accepted by nearly online gambling sites.
Close to online casino sites accept ClickandBuy. The majority of online gambling sites accept both eWallets and Germans prefer this option due to the speed and convenience.
Note that if you use these options for deposit, some online casinos may disqualify you from any promotional offers linked to that deposit. Check the sites deposit terms and conditions for more information.
The last option for making your initial deposit is by using your bank account. Most sites offer you the ability to initiate a wire transfer or deposit and e-check.
Some will even let you mail a physical check for a deposit. Note that depositing via your bank account may incur delays before you can access your funds.
Most sites will require you use your deposit account to cash out. Most sites have a 24 to 48 hour processing time on withdrawals, and all sites will require that you verify your identity before cashing out for the first time.
It's wise to take care of the verification process well before you need to cash out. Depending on which method you use to cash out, you will typically have your funds within 48 hours after processing.
Some methods like bank drafts may take as long as 5 to 7 banking days. It's no secret that there have been numerous online poker and online casino sites that have scammed players out of millions.
Luckily, there are plenty of reputable places to play. All you need to know is how to spot them. Firstly, avoid all online gambling, online poker and sports betting sites that are not licensed by a significant and reputable licensing body.
The premier online gambling regulator is the UK Gambling Commission. The Gambling Commission regulates both online and brick and mortar casinos in the United Kingdom.
Any site that is licensed by the UKGC has gone through extensive checks and is heavily regulated.
These are among the safest places in the world to play. The Gibraltar Licensing Authority is probably the second most prestigious licensing authority globally.
Several major online operators including William Hill, Ladbrokes, Betfair and Casino all are licensed in Gibraltar. The Gambling Supervision Commission in the Isle of Man has been issuing live and online casino licenses since , and there are over license holders presently.
In addition to licensing, check to see whether the site is authorized by any of the major independent testing authorities. Ideally, you want to play at sites that have both been licensed and authorized by a major testing site.
If your site lacks theses, then it is not safe to play there. While it is true that online gambling is presently illegal in Germany, Germans can still gamble online without fear of prosecution.
The key is to pick a reputable gambling site.