THE DIFFERENCE BETWEEN SWEDISH AND FOREIGN BETTING SITES
First of all, we want to make it clear that gambling on foreign-licensed betting sites is not illegal. But, and this is important, not all foreign sites accept players residing in Sweden. Also, not all payment methods or bonuses are available to Swedish players on foreign sites. However, you can also on sites with a license other than the Swedish license receive your winnings tax-free, but only if the gaming site meets certain requirements, such as:
- The license must be issued by a gambling authority in the EU/EEA.
- No games can be offered for Swedish currency.
- Marketing aimed at Swedish players is prohibited.
- The information and text on the page must not be in Swedish.
If the betting site fulfills this, you don't have to pay 30% income tax on winnings over 100 Swedish krona, like https://bastaspelbolagutanlicens.com/skattefria-bettingsidor/. But as we mentioned, there may be other reasons why you can't play on these sites. On the other hand, if you choose a Swedish betting site, you are always guaranteed:
- Tax-free profits.
- Fast payment methods
- Verification and identification with BankID
- Possibility to use Swedish Spelpaus self-exclusion registry
- All information is provided in Swedish.
- Customer support by Swedish-speaking staff
However, bonuses on Swedish betting sites are somewhat limited, where you can only get one welcome bonus per player and license. On foreign betting sites, you can get both more and higher amounts when it comes to bonuses. For example, you cannot get loyalty bonuses at a Swedish betting site, which you can get at a foreign-licensed site.
NEW BETTING SITES.
The new betting sites you find today in Sweden are often betting sites without registration. This means that you can quickly place a bet on a match without waiting for it to be approved. In addition, the number of cyber sports betting sites is growing considerably. In the past, it was mainly the big gaming companies that offered cybersports games. Today, a new betting site rarely launches without any cyber sports betting.
Many may think that it is better to bet on a betting company that has been in the gaming market for more than a year and certainly has its advantages. But a gambling company that launches a new betting site usually studies other well-established betting sites and picks the goodies from them. This means that they usually have a large selection of games, good bonuses, 24/7 customer support and the use of the latest technology.
These sites are always optimized for mobile devices. They also provide a seamless gaming experience, whether it's watching the game page or watching the match you bet on live.
The downside is that not many new Swedish betting sites launch as often as they used to. There are strict requirements to get a license through the Swedish Gambling Inspectorate, and the Swedish license is also quite expensive. As a result, more and more gaming companies are opting for a license other than the Swedish license.
REQUIREMENTS FOR NEW BETTING SHOPS IN SWEDEN
- Must pay 18% tax
- BankID must be used by players for identification and verification
- Site must be linked to Game Break and meet system requirements for player management.
- Must have customer service available in Swedish
- Only one bonus per license and player may be awarded.
- Marketing must be limited and not promise a guaranteed profit
This means less funds to attract new players than if the gaming site applied for a foreign license. Also, the Swedish market is not as big.
BETTING WITHOUT AN ACCOUNT AND REGISTRATION
This is becoming more and more common with new gaming sites, whether they are betting or casinos. The fact that it works depends on BankID, but to say it's without registration or account is not true. You have to be registered with a betting site in Sweden, but this is done automatically when you use your BankID. The reason for this is that gaming companies have to monitor all players against Spelpaus.
The advantages of betting without registering is that you:
- Get a quick start to the game.
- Get quick withdrawals and deposits go quickly
- Marketing is not sent by email or text message
THE DISADVANTAGES OF BETTING WITHOUT AN ACCOUNT ARE:
You will be offered fewer payment options
Some sites without an account do not offer bonuses.