Online Betting in Cyprus – The Legality Of Online Gambling. Cyprus is a country where licenses for betting sites and online casinos have been issued relatively recently. Despite the regular poker tournaments and the love of Cyprus residents for gambling, it is quite difficult to get a license for an online gambling or betting site.
Betting sites in Cyprus
The system of licenses for betting sites in Cyprus appeared only in 2016. The first land-based casino license was also issued in 2016. Online casinos officially remain banned at the moment, but it is expected that very soon the authorities will reconsider their approach to Cyprus betting.
Which Cyprus bookmakers are available for 2021?
Since online casinos are officially banned in Cyprus, bookmakers take on active online gaming activities.
There are two types of licenses for online betting Cyprus bookmakers:
-A-class license, where you can only put in the premises. Betting on horse races is prohibited.
Betting sites Cyprus
-B-class license, where bets can be placed exclusively online. A license to open an online casino, slot machines, and slot machines, unlike licenses for betting sites Cyprus, is strictly prohibited.
At the same time, it should be noted that there are a lot of unofficial online casinos, which the authorities of Cyprus do not pay attention to.
Online betting Cyprus
How to choose a bet on one of the online betting Cyprus bookmakers?
To make a simple bet, you need to find the “Line” section and go to it. Most likely, you will see a list of odds on outcomes for different events. Example: the match “Manchester United” – “Sheffield United”, quotes 1.43 (MU win) – 4.70 (draw) — 8.90 (SHU win). Select the desired outcome and enter the bet amount. All odds are set by the bookmaker’s office, based on the chances of the participants of the event.
Tips for beginners:
– Choose the most convenient bookmaker for you. One of the key points for beginners. We advise you to choose an office based on such criteria as legality; reliability; bonuses for registration and player reviews. Among the online betting Cyprus sites currently operating, 888sport, Betway, Leo Vegas casino, and Betfinal are the most popular Cyprus betting sites.
Betting sites Greece
– Follow the world of sports. And it is better to select one particular mode and carefully watch and analyze the matches. Or one league, remember the narrower your profile, the more chances to beat betting sites Greece and Cyprus.
– Read the experts’ forecasts. Take into account several opinions, isolate the main thing, and place bets based on your own and expert opinion. The last word is always yours, think and make a decision on your own, not counting on others.
Cyprus sports betting
– Clearly define the bank and the amount of the bet. Select a separate amount for betting, which will not be a pity to lose. Cyprus sports Betting is entertainment, and you have to pay for any entertainment. The bank is the fee. We recommend that you bet no more than 10% on each bet.
It is important to understand that betting is just entertainment. You should not hope for a constant and stable income with the help of forecasts. Every year the bookmaker improves and insures itself against losses.