Is Sports Gambling Legal In Thailand

 
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  • Year legal gambling was established: There is an 1867 British law called the Public Gambling Act which had stated, 'nothing in this Act shall apply to games of mere skill wherever played' and it.
  • Lotteries are legal in many countries, even where traditional betting and casino-style gambling is outlawed. The EGBA predicts a rise in lotteries' share of overall gaming online, from 2.3% in.

Gross gambling revenue of UK sports betting shops 2009-2011 Number of betting shops operated by William Hill in the UK 2,262.

The Best Online Bookmakers for Irish Punters - December 2020

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Features of the Best Betting Sites in Ireland

At SBO.net, we have reviewed hundreds of sports betting sites that accept Irish punters. When conducting our reviews, we look at everything from the range of sports you can bet on to how long it takes for withdrawals to be processed.

After reviewing so many sites, we realised that the best Irish betting sites have several features in common. If a site doesn’t have the following features, we simply can’t give it our seal of approval.

Gaelic Games Betting

If you’ve grown up in Ireland, you’re bound to enjoy betting on at least one of the games organised by the Gaelic Athletic Association (GAA). The best betting sites in Ireland cover every Gaelic football, hurling, handball and rounders fixture, including the prestigious All-Ireland Senior Championship.

Daily Racing Markets

Millions of spectators attend approximately 355 meetings at 26 racecourses in Ireland every year. This means you have exciting betting opportunities on an almost daily basis. This includes major races on the Irish horseracing calendar like the Irish Derby, the Irish Champion Stakes and the Irish Grand National.

Free Bets and Bonuses

Bookmakers face stiff competition when it comes to online betting in Ireland. As a result, they offer increasingly generous free bets and sign up bonuses to attract new customers. Not only do they roll out the red carpet when you create an account, they shower you with more bonuses to reward your loyalty.

Lots of Banking Methods

Online bookmakers make depositing and withdrawing euros as easy counting to three. Convenience and security naturally make credit and debit cards a popular choice amongst Irish punters. E-wallets like Skrill, NETELLER and PayPal are also widely accepted, as are prepaid vouchers like paysafecard.

Mobile Compatibility

We only recommend Irish betting sites that provide a slick mobile betting experience. Whether you have an iOS or Android device, you will be able to download a dedicated mobile app or place bets through your web browser. It takes just a few taps on your smartphone or tablet to place a bet at these bookies.

Cash Out Feature

Want to cut your losses and run? Perhaps your bet is winning, and you simply want to lock in a tidy profit? Each of our recommended betting sites allow you to cash out in a single click. You can cash out all your winnings at every site, but we prefer bookies that support auto cash out and partial cash out.

Irish Betting Sites vs Retail Betting Shops

With more than 800 retail betting shops dotted across the Emerald Isle, we’re willing to bet that you live within a stone’s throw of at least one or two. Betting shop signs for industry giants like Paddy Power, BoyleSports and William Hill are commonplace in virtually every high street in Ireland.

However, there are numerous reasons why millions of punters are now placing their bets at Irish betting sites instead of retail betting shops. The main pros and cons of betting online versus in person include:
PROS

  • Convenience – You can access Irish betting sites anytime, anywhere. Whether you’re watching a match over a pint of Guinness in your local or from the comfort of your own home, you can quickly log in and place your bets. There is no need to travel or join a long queue to submit your betting slip.
  • Free Bets – When was the last time you walked into a betting shop and received a free bet? Online bookmakers roll out the red carpet for new customers by offering free bets and deposit bonuses. You will also receive special offers long after your first deposit to reward you for your continued loyalty.
  • Better Odds –The best betting sites for Irish punters offer greater odds than their retail counterparts. This is because hundreds of sites compete for your business online, whereas only a few retail betting shops are in competition with each other in your local area. Benefit from better odds by betting online.
  • Availability – Retail betting shops are only open for a limited number of hours per day. In contrast, online betting sites are available 24/7 – even on Christmas Day. It doesn’t matter if it’s night or day, you can easily add selections to your virtual betting slip and click the confirm button to lock in your bet.

CONS

  • Social Interaction – The main reason why some punters prefer retail betting shops over Irish betting sites is to interact with others. You can discuss your bets with other people and receive tips. Yes, you can chat to others online via forums, but it simply isn’t the same as speaking to other punters in person.

What Sports Are Popular for Betting in Ireland?

Ireland really has its own identity when it comes to sports. Residents of the Republic of Ireland enjoy a whole host of different events, including:

Gaelic Football

Best described as a mix of football and rugby, Gaelic football is the national sport of Ireland. It has been played in the country for several hundred years and is by far the most popular sport on the Emerald Isle. Gaelic football accounts for over a third of total sports attendances in the country, with over 2,200 GAA clubs spread across the 32 counties of Ireland.

The All-Ireland Men’s Senior Football Championship is the premier competition in Gaelic football. It has been contested by the top male inter-county football teams in Ireland since 1887. The winning team receives the prestigious Sam Maguire Cup. Kerry has been the most successful team to date with 37 titles, but Dublin has dominated the competition since 2015 with five titles on the bounce.

Hurling

Another event native to Ireland is hurling – a sport which accounts for around a quarter of all attendances at live sporting events. The game has prehistoric origins and has been played for over 3,000 years. Each player has a hurley (a wooden stick) and the aim is to hit the sliotar (a ball) between the opponents’ goalposts, either over the crossbar, or into the net which is guarded by a goalkeeper.

Hurling is an incredibly fast and exhilarating sport, and although it hasn’t taken off significantly elsewhere in the world, it remains passionately supported in Ireland. Twelve teams compete against each other in the annual the All-Ireland Championship for the Liam MacCarthy Cup. Kilkenny is currently the most successful county in the championship’s history with 36 titles.

Horse Racing

As a spectator sport, horse racing is huge in Ireland. Some of the best racehorses, most talented trainers and biggest breeding operations in the world are nestled in the Emerald Isle. The best jump jockey of all time, Tony McCoy, calls Northern Ireland home, and the passion of the Irish is there for all to see every year when thousands make the trip over for the four-day Cheltenham Festival in England.

Ireland itself is home to 26 racecourses. Dating back to 1869, Ballybrit Racecourse is one of the most culturally iconic sporting venues in Ireland. It plays host to the Galway Races on the last Monday of July every year. Other major races on the Irish racing calendar include the Irish Derby, the Irish Champion Stakes, the Irish Oaks, the Irish 1,000 Guineas, and of course, the Irish Grand National.

Football

In addition to the country’s two national sports, football is extremely popular in Ireland. The League of Ireland isn’t the best in terms of standard, with most of the top grassroots players moving to England or elsewhere abroad due to the financial incentives. Roy Keane, Damien Duff and Shane Duffy are three of the many Irish players who have graced the English Premier League since its inception.

The League of Ireland was founded in 1985 and features 10 teams. Dundalk boasts the most championships with eight, including back-to-back wins in the 2018 and 2019 seasons.

Ireland’s national team has qualified for the World Cup and European Championship on three occasions each. It would have been four World Cup appearances had Thierry Henry not ruined Irish dreams with his infamous handball in a 2009 play-off match against France.

Other Sports the Irish Love to Bet On

Cricket – Known as the Men in Green, the Ireland cricket team participates in all three major forms of the international game. With big hitters like Paul Stirling and Andrew Balbirnie, Ireland has enjoyed plenty of success in Twenty20 International (T20I) matches in recent years.

Golf – With approximately 350 18-hole golf courses in Ireland, it should come as no surprise that golf betting is extremely popular amongst the Irish. Padraig Harrington and Shane Lowry are two of the many golfers who have secured wins on the PGA Tour.

Greyhound Racing – Irish punters love a night out at the dog tracks, especially Shelbourne Park when it’s time for the Irish Greyhound Derby. This prestigious race is considered one of the “Big Three” in greyhound racing, with sponsorship from bookmakers guaranteeing a six-figure prize for the winner.

MMA – MMA betting has exploded in popularity in Ireland in recent years, thanks to the success of Conor McGregor. He walks to the Octagon to The Foggy Few, an Irish folk ballad, and became the first fighter in UFC history to hold titles in two weight divisions simultaneously.

Ireland’s Sports Betting Laws

The Betting Act 1931 was the first piece of gambling legislation in Ireland and pertained to the regulation and taxation of on-course and retail bookmakers in the country. It was followed in 1956 when the Gaming and Lotteries Act came into force. This act allowed sports betting and the lotto but made casinos illegal. However, with a few loopholes in the law, it enabled private clubs who offer casino like facilities to operate. These clubs thrived whilst large casino establishments were unable to compete.

Following criticism of the Gaming and Lotteries Act 1956 being outdated and not fit for purpose in the digital age, the Betting (Amendment) Act 2015 was drafted. This forced online bookmakers to seek approval for a remote operating license even if they didn’t have an office in the country. Betting sites that target Irish punters without a license are slapped with a €150,000 fine that can be doubled for repeat offences.

Further changes are on the way for Ireland’s gambling industry in early 2021 after the Irish Government announced that it will be forming its own gambling regulator. This will likely result in licensed bookmakers having to have a physical presence in the country, even if they hold a remote license in accordance with Betting (Amendment) Act 2015.

History of Sports Betting in Ireland

On-course betting and betting shops have boomed over the years in Ireland and there have been some famous stories of battles between the punters and the layers. One man stands out as the biggest thorn in the side of the side of the bookmakers in the last century – Barney Curley. The wily professional gambler spent years plotting ways to ‘get one over’ the firms when betting on his beloved horse racing, and some of his coups have gone down in folklore.

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Although they remain very popular, there is one distinct difference between the betting shops in Ireland and the United Kingdom; Fixed Odds Betting Terminals (FOBTs). FOBTs are gaming machines on which punters can bet on a dearth of casino games, slots and virtual racing.

They have been widely criticized for being extremely addictive and damaging (customers are able to bet significant sums of money very quickly) but accounted for the vast majority of revenue brought in by UK firms before new limits were introduced. Irish authorities have remained one step ahead of the game, banning FOBTs in 2013.

Ireland Betting FAQs

You will be spoilt for choice when you bet online because the world’s leading bookies all welcome Irish punters. To help you find the cream of the crop in the blink of an eye, we have created a list of best Irish betting sites. These sites are renowned for dishing out free bets and offering countless in-play events.

Absolutely! The Betting (Amendment) Act 2015 means that any operators accepting bets from Irish punters are subjected to licensing and taxation regardless of whether they have a physical presence in the country or not.

Of course! New betting sites spring up all the time, and virtually of them accept Irish punters. These sites offer extremely generous promotions and competitive odds in a bid to compete with more established sites. If there is a new betting site worth knowing about, you can rest assured that we’ll let you know.

Are winnings from sports betting taxed in Ireland?

No, Irish punters are exempt from paying any tax on their sports betting winnings. Even if you’re a professional punter, you won’t have to pay tax because betting is classed as a hobby rather than a trade.


Related Articles

With the digital revolution in full swing and the ease of government regulations on gambling, the sports betting industry is undergoing dynamic transformations over the last few years and consequently surging in popularity around the word, the revenues of many world’s leading sports betting companies are also growing significantly year on year. Today, sports betting has become one of the fastest growing industries across the world, offering immense potential for both bettors and sportsbooks. Some of the popular games for sports betting include horse racing, greyhounding, cricket, football, baseball, basketball and golf.

For the latest online gambling market size, sports betting market forecast, and top sports betting companies in the world, please see our report Global Sports Betting Market 2018-2022, or download your FREE Global Sports Betting Market Report Sample now!

Global Sports Betting Market Analysis

Over the last few years, the world has opened immense opportunities for gamblers to take part in sports betting anywhere in the world through digital platforms, except in those nations where betting is banned. The global sports betting sector occupies the major market share in the overall online gambling industry accounting for more than 40 % of the worldwide gambling revenue generation. According to the Technavio’s market analysts, the sports betting market will grow at an impressive CAGR, with the global sports betting market revenue expected to reach nearly $370 billion by 2022.

Read more:How Is the Online Gambling Industry Making Room for the Next Unicorn Company?

Top 10 Sports Betting Companies in the Global Gambling Industry

888 Holdings

888 holdings is one of the most popular online gaming operators, which operates 888 sports, casino, poker, and bingo brands. Since its launch in 2008, 888 Sports has been successful in establishing a strong presence in the online sports betting market. The online betting site breaks away from the traditional bookies with exclusive customer deals, a range of new markets and an international appeal. Although the company exited US market long back owing to the strict government regulations, they have been keeping a close eye on regulatory developments in the US.

Today, 888 has already positioned itself in the market by partnering with the US-based companies. The potential for the sports betting sector in the US is significant and, as the only firm in all three regulated US states, 888 is all set to exploit the potential growth opportunities in the US market.

Read more:The Game is on! Here are the Top 15 Online Gaming Companies

GVC Holdings

GVC Holdings is one of the largest sports betting companies and gaming groups. With its unique proprietary technology platform, GVC offers casino, poker, bingo, and sports betting under some of the industry’s most popular online betting brands including partypoker, CasinoClub, Betboo, Bwin, Foxy Bingo, and Sportingbet. In a spell of acquisitions, GVC Holdings made a milestone €1.1 billion acquisition of online gaming brand bwin party in 2016 and acquired UK rival Ladbrokes Coral in March 2018.

Further, GVC Holdings also confirmed a $200 million joint venture deal with MGM Resorts recently that will see the former transfer its online sports betting know-how to the latter. This deal will soon lead to the launch of a wide range of sports betting sites in the US.

Kindred Group

The Stockholm-listed online gambling company, Kindred, continued their record-breaking financial performance in 2018, thanks to the all-time growth of their active customer-base and the 2018 FIFA world cup, that led to higher active users. Today, the company is regarded as one of the world’s leading online gambling brands within the sports betting arena. Kindred Group recently signed a 5+5-year agreement with Casino Atlantic City and Hard Rock Hotel in New Jersey. This move is Kindred’s first step into US gaming, with a view to offering online sports betting services to US customers.

Kindred’s major revenue comes from casino games and online sports betting. With these two segments which generated respective revenue of £104 million and £104.9 million during Q2, Kindred continues to witness significant online organic growth.

Read more : Why Sports Betting Accounts for the Largest Share of the Gambling Market

Paddy Power Betfair

Paddy Power Betfair was born following the merger of Paddy Power plc and Betfair Group in February 2016. Today, the business has four divisions: Online Australia, Irish Retail, UK Retail, and Telephone segments. The company’s Online Australia segment provides sports betting services and is the market leader in the Australian gambling industry. Its UK and Irish Retail segment operate 623 betting shops across Ireland and UK. It has a presence in Australia, United Kingdom, Ireland and across the world.

Paddy Power Betfair provides gaming and sports betting services through websites including betfair.com, paddypower.com, tvg.com, sportsbet.com.au, and us.betfair.com under the Betfair, Sportsbet, Paddy Power, and TVG brand names, and through a chain of licensed betting offices.

William Hill

Since 2012, when the UK-listed bookmaker merged three businesses to establish William Hill US, the company has grown consistently to achieve the market share of around 30 %, making it one of the largest sports betting companies in the UK and the US. William Hill is one of the early movers to reap the benefits from the legalization of sports betting in the US after the Supreme Court’s decision in May to strike out a federal ban passed in 1992. William Hill US is already the leading sports betting company in the US, operating more than 108 race and sports books in Nevada along with the state’s top mobile sports betting app.

The sports wagering giant signed sports betting agreements with a number of casinos in the US last month and is in talks with more operators. The company is ramping up hiring in Nevada for growing its US business. The company announced that it will offer mobile betting technology and sports betting risk management services to 11 casinos in Mississippi and West Virginia.

Download related report sample for free:Global Mobile Gambling Market 2017-2021

Bet365

Having added a vast range of betting options and products to their core over the past several years, Bet365 has grown to be one of the largest firms in the sports betting industry. Bet365 was one of the first sports betting company to start offering eSports to bet on. This British online gambling and sports betting company serves more than 23 million customers across the world by offering poker, casino, games, bingo, and sports betting, along with video streams on sporting events. The company recently inked a partnership with another sports betting company – Hard Rock Atlantic City casino to offer sports betting service

Stars Group

The ultimate owner of the most popular gaming brands such as PokerStars, BetStars, PokerStars Casino, and Full Tilt, Star Groups (formerly known as Amaya Gaming) recently announced that it has successfully acquired the Sky Betting and Gaming (SBG). This deal will turn the online poker giant into the largest sports-betting company in the world. Stars Group is one of the most licensed online gaming operators with its subsidiaries holding approvals and licenses in 19 jurisdictions across the world, including the Americas, Australia, and Europe. Star Group brands have millions of customers globally and are leaders in mobile and online betting, casino, poker, and other gaming-related offerings.

Download related report sample for free: Global Online Gambling Market 2018-2022

Draft Kings

DraftKings is one of the most popular daily fantasy sports content providers that allows users to enter fantasy sports-related contests based on team and individual player performance in five largest American sports (the NBA, MLB, the PGA, the NFL, and the NHL), NASCAR auto racing, Premier League and UEFA Champions League soccer, the Arena Football League, Canadian Football League, Mixed Martial Arts (MMA) and Tennis. After the US Supreme Court cleared the way to legalize sports betting, DraftKings got to work immediately, as sports gambling will account for a major share of their business.

Betsson

Betsson is an award-winning sports betting website that has been around since 2006 and literally grew into a gambling empire. The company provides users from all over the world an option to play poker, casino, bingo games and place their bets on various sports events. Betsson is based in Malta and holds a betting license from the gambling commission in the same country as well as one from the United Kingdom as well. Today, its sports betting option is offered on various markets and more and more consumers choose it as a significant option for sports betting.

BetAmerica

BetAmerica made its name in online gambling industry through horse racing, which then branched out into fantasy sports with the launch of FanEx Sports. Today, BetAmerica.com is considered as one of the most legal and secure sports betting companies based in the US. With a wide range of fantasy leagues for MLB, NFL and NBA and more than 200 racing tracks to choose from, BetAmerica is all set to grab the major share in the sports betting industry.

To find out other major sports betting companies in North America, Europe and Asia, download your FREE Global Sports Betting Market Report Samplenow!

Global Sports Betting Market Trends

Online betting was brought into the sports industry in the late 1990s and has been growing significantly since then. With the emergence and high penetration of the digital platform, punters have the flexibility in placing bets on sports from any part of the world. Indeed, the digital revolution has given sportsbooks a platform to connect with new customers. Online gambling is one of the fastest growing sectors in the e-commerce industry and is a rapidly growing mode of gambling. The use of digital processes and the growing punter demand will propel the growth of the online gambling industry, while the major sports betting companies in the world are also expected to achieve higher revenues in the near future.

For more market intelligence in the global sports betting market, please check this following report: