Norwegian Bookies vs Overseas Betting Sites

Norway has one of the globe's strongest economies, and therefore its residents enjoy a high disposable income. The people of Norway are extremely interested in gambling, whether poker, horse racing, or football. However, despite such an interest in sports betting, card games, and the like, it does not appear to be returned by the government, and there are certain rigid and stringent laws limiting betting chances for the citizens.

The reason behind these bans is to prevent what the government sees as possible problems of society arising because of excessive gambling and protecting state-run betting houses. While the laws seem prohibitive from the very beginning, it is common knowledge that Norwegians circumvent the laws and wager on their favorite games elsewhere, mainly through norske betting sider.

There are now only two licensed online bookmakers in Norway, and neither of them is comparable to all the other bookmakers operating in Europe and abroad.

Gamblers who want to gamble on sports, lotteries, and other such games should employ Norsk Tipping. For horse racing, the state bookmaker Norsk Rikstoto should be employed if players want to play legally.

Depositing on Online Betting Sites in Norway

Despite the Norwegian government’s mandate for banks to block bank transfers and debit/credit card transactions related to gambling, these payments still go through many of the recommended sites.

Players in Norway have various ways they can fund their gambling accounts. Other popular payment methods you’ll find listed at the checkout include:

• Skrill
• NETELLER
• EcoPayz
• Bitcoin
• Entropay
• Paysafecard

Are Gambling Winnings Taxed in Norway?

Today, Norwegian players do not have to pay tax on gambling winnings as long as the winnings are obtained through Norsk Tipping or Norsk Rikstoto. Although winnings within the country are tax-free, players must report winnings of over 100,000 Norwegian kroner (about £9,000). Why does the government want players to report winnings? Perhaps they want to monitor how many players are playing and how much they are winning.

While there are some wagers locally exempted from taxes, the same cannot be true for winnings earned abroad.

Taxation of foreign gambling winnings originally aimed at poker players who made a living by playing globally but in today's times, incidentally encompasses the entire universe of online sports betting as well.

But the tax case confuses those who bet on sports or play video games online because, technically, this is illegal. So, if they were to declare their winnings, theoretically, it would be a confession. Very interesting, yes! Anyway, the tax rate on winnings over 10,000 Norwegian kroner is 24%, no minor charge.

Most Popular Sports for Betting in Norway

While most Norwegian bets are placed on football matches, the inhabitants of this Nordic country can enjoy a range of sports. Norwegians, one claims, are born with skis on their feet, and it is no wonder that Norway is the hub of winter sports. Handball and horse racing are also extremely popular.

Football

The most viewed sport in Norway is football. Viewer-wise, it tops the ratings, with almost one in ten people watching the sport. The top league in Norway is Eliteserien, with 16 teams such as Rosenborg and Viking. The best bookmakers in Norway also offer great odds on major leagues around the world, such as the English Premier League and La Liga.

Winter Sports

Even though football is the most played sport, it is not the most popular sport—biathlon and cross-country skiing are the favorites. It is no surprise that winter sports are so well-liked in Norway, as the weather permits, and ski jumping is also very popular in this Scandinavian country. In all these sports, Norway has been a multiple world champion and Olympic medalist.

Handball

Just like in the rest of the Scandinavian countries, handball is highly popular in Norway. Bookmakers list odds on the men's and women's Eliteserien league. Norway has dominated women's handball for decades with numerous European, World Championship, and Olympic titles. The men's handball team has won the World Championship twice to date.

Horse Racing

Horse racing is a favorite among a large percentage of Norway's population, though the races are a bit different than traditional thoroughbred racing throughout the world. Trotting racing is the sport of choice in Norway, with riders seated in chariots directly behind the horses, leading and encouraging the horses to the finish.

• Spin the Wheel

• Monopoly

• Candyland

The list of live dealer specialty games continues endlessly. However, this category is usually more variable across casinos than most other game type categories.

Specialty games are a fantastic option for new players because you don’t have to be a casino wiz to have fun with them. Lots of the most played specialty live dealer games are based on board games that are familiar.

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Land-based casinos will often be use these games to lure in new players. However, due to the difficulty in recreating the video game version, live-dealer versions are the only way online to experience these types of games.

Will You Try Live Dealer Online Casino Games?

A highlight in the sphere of internet gambling is that the number and availability of live dealer online casino games is expanding rapidly. They're a great alternative for a good time, and even novice players.