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Greece Betting Sites

Written by Paul Kemp
Paul Kemp is an experienced sports writer covering Soccer, NBA and NHL. He also writes in depth reviews of sports betting sites based on his personal experience.
, | Updated: October 10, 2025

Below you can find our expert reviews of reputable and regulated sports betting sites operating in Greece. Each betting site has been thoroughly tested and verified by our team.

Gambling on the outcomes of sporting competitions has long been an inseparable part of Greek culture. This small Mediterranean country introduced the Olympic Games to the world in the 8th century BC, when a man called Coroebus became the first Olympic champion by winning the 192-meter foot race known as the “stade”.

Sporting competitions took place in major cities of Ancient Greece such as Olympia, Delphi, Corinth, and Nemea, with discus throwing, wrestling, foot races, and long jumping ranking among the most popular sports of the time. Those who triumphed in the competitions were often rewarded for their efforts with monetary prizes, but many of the spectators were not left empty-handed either. Entire fortunes changed hands as people wagered on the sporting events’ outcomes.

The Greeks’ love for sports and wagering continues well into the 21st century. OPAP, the country’s lottery and betting operator, reported that the sports betting sector was on track for record revenue in 2018. And indeed, wagering on sports competitions’ outcomes ranks as one of the most widespread forms of betting among Greek gamblers who love to bet on athletics, soccer, and basketball.

Greek Sports Betting Sites Ranked by Trustpilot Rating

Comparison of Sports Betting Sites in Greece

SportsbookSports on OfferMin DepositMin WithdrawalMin BetBonusesBonus Wagering RequirementsIn-Play BettingLicenses
22BetFootball, Tennis, Basketball, Ice Hockey, Volleyball, and over 40 other sports• $10 for MiFinity; • 0.001 BTC for Bitcoin; • $11.64 for most other methodsDepends on payment provider$0.30/€0.20

• 100% Welcome Bonus up to $/€122
• Friday Reload Bonus
• $256 for being active on mobile app
• Refund on Losing Bets
• Weekly Rebate

• 5x bonus funds on accumulator bets (Welcome Bonus)
• 3x bonus funds on accumulator bets (Friday Reload)
• 3x bonus funds on accumulator bets (Mobile App Bonus)

Yes

Kahnawake Gaming Commission (#00882);

Curacao Gaming Authority (OGL/2024/590/0758)

20BetFootball, Tennis, Basketball, Table Tennis, Ice Hockey, and 30+ other sports• $21 - Bitcoin; • $10 - Other Methods$/€10$/€0.10

• 100% Welcome Bonus up to $/€100
• Saturday Reload Bonus 100% up to $/€100
• Forecast Free Bets

• 5x bonus amount on accumulator bets at odds of 2.0 or higher (Welcome Bonus)
• Winnings have no wagering requirements (Saturday Reload Bonus)
• Full free bet wagered (Forecast free bets)

Yes

Curaçao Gaming Authority (OGL/2024/590/0758)
Kahnawake Gaming Commission (#00882)

NovibetBasketball, Football, Soccer, Tennis, Hockey, Virtual Sports, and 30+ other sports$5: ApplePay, PaysafeCard; $10: Credit/Debit card, Interac, eWallets, Rapid Transfer$10: Credit/Debit Card, eWallets; $30: Bank Transfers$0.10

Sports Welcome Bonus Bet €10 Get €70

  • New players to use promocode BET10GET70 to get a €20 Free Bet, credited within 24 hours after the first deposit
  • Min deposit €10 to qualify for up to €50 in free bets
  • No WR on free bet winnings
  • Free Bets validity – 30 days
  • Max profits capped at €5,000
Yes

Malta Gaming Authority (#MGA/CRP/186/2010)

The Irish Revenue Commissioners (1020856)

bet365Football, Tennis, Speedway, Table Tennis, and 40+ other sports$/€5-10$/€5-10$/€0.10

New Account Offer up to €30 in Free Bets

Place qualifying bets to release bet credits (New Account Offer)

  • Sign up, deposit between €5 and €10 and get €30 in Free Bets
  • Bonus offer to be claimed within 30 days of registration
  • Free bets are paid as Bet Credits
Yes
NetBetFootball, Horse Racing, Tennis, Basketball, Virtual Sports, and 35+ other sports$/£/€10$/£/€10€0.07 for pre-live betting and €0.13 for live betting

N/A

N/A

Yes

MGA (MGA/B2C/126/2006)

UKGC (39170)

RabonaSoccer, Horse Racing, Virtual Sports, Tennis, and 35+ other sports•€30 for BTC; •€10 for other methods•Fiat methods - €10; •USDC, USDT, XRP, ADA - €30; •ETH - €40; •BTC: - €60; •BCH - €10$/€1

•First Deposit Bonus: 100% up to €100;
•50% up to €50 risk-free;
•Cashback Bonus of 10% up to €500

First Deposit Bonus
•Minimum qualifying deposit – €20;
•5x wagering requirements for customers from Switzerland, Finland, Austria, Germany, and Norway;
•6x wagering requirements for customers from other countries;
•Minimum odds of 2.00 for settled single bets;
•Minimum odds of 1.50 per selection for multi bets
•Skrill and Neteller deposits are ineligible
•Maximum cashout restricted to 10x the bonus value

Yes

•Ireland Revenue Commissioners (1020581)
•Anjouan Gaming Board (ALSI-202411077-FI2)
•Operated by Naale Limited in Ireland and Stellar Limited in Anjouan

1xBitBaseball, Football, eSports, Horse Racing, Rugby, Soccer, and 40+other sports0.01 mBTC; 20 mETH; 10 mLTC0.21 mBTCVaries based on accountcurrency

Up to 7 BTC and
250 free spins
on the first four
deposits

40x on single and
parlay bets with min.
odds of 1.60

0,1 mBTC min. deposit

Yes

Government of the Autonomous Island of Anjouan (ALSI-202409027-FI2)

Stake.comSoccer, Tennis,Baseball, Basketball, Cricket, American Football, and 30+ other sportsNo minimum or maximum deposit limits for crypto• BTC: 0.00002504; • ETH: 0.00062610; • LTC: 0.01857329• Crypto: $0.00001 per bet; • Fiat: 0.10 regardless of currency

Regularly updated promotions, including event-specific bonuses

N/A

Yes

Curaçao Gaming Authority (OGL/2024/1451/0918)
Columbia (C1751)
Mexico (DGAJS/SCEVF/P-06/2005-TER EN)
Peru (N° 4748-2024-MINCETUR/VMT/DGJCMT, N° 4749-2024-MINCETUR/VMT/DGJCMT)
Secretariat of Prizes and Bets at Brazil’s Ministry of Finance (PORTARIA SPA/MF Nº 263)

Sportsbet.ioSoccer, Tennis, Baseball, eSports, Virtual Sports, Horse Racing, and 30 other sports• BTC 0.000007; • ETH 0.00013; • LTC 0.002• BTC 0.0005; • 0.01 ETH; • 0.1 LTC• mBTC 0.01 (BTC 0.00001); • ETH 0.001; • LTC 0.01

Champions Welcome Bonus for Sports or Casino (100% up to 300 USDT or 3 mBTC)

• Minimum deposit of 0.1 mBTC;
• Wagering requirements of 10x (40x for casino);
• Available for BTC, USDT, TON, and TRX deposits;
• Minimum odds of 1.50 during bonus wagering;
• Expires after 7 days

Yes

Curaçao Gaming Authority (OGL/2023/110/0072)

Top 10 Betting Sites for Greece

  1. 22Bet

    22Bet logo
    Bet Now Review
    Licenses
    Kahnawake Gaming Commission (#00882);Curacao Gaming Authority (OGL/2024/590/0758)
    Min Deposit
    • $10 for MiFinity; • 0.001 BTC for Bitcoin; • $11.64 for most other methods
    Min Withdrawal
    Depends on payment provider
    Withdrawal Time
    • Cryptocurrencies - 24 hours • E-wallets - 15 minutes • Credit and debit cards - up to 7 business days
    Deposit Methods
    Visa logoMastercard logoNeteller logoSkrill logoPaysafecard logoBank Transfer logoBitcoin logoDogecoin logoEthereum logoDash logoMonero logoTether logoLitecoin logoRipple logoMiFinity logoRevolut logoEU SEPA bank transfer logoCardano  logoGoogle Pay logoDiscover logoBinance Coin logoChainlink logoUSD Coin logoPolygon logoTron logoEthereum Classic logo
    Sponsorships
    N/A
    Contact Details
    Live Chat: Yes email: support-en@22bet.com Phone: +357 99 816806
    X profileInstagram profileLinkedIn profile
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    • Coverage of more than 1,000 sporting events every day
    • More than 100 payment methods
    • Minimum deposit of just $1
    • A broad range of limited-time and ongoing sportsbook promotions
    • Native iOS and Android apps
    • Dedicated customer support in multiple languages

    Greek bettors can always rely on 22bet when they are searching for competitive odds on the biggest sporting events. The bookmaker makes the experience both fun and rewarding, offering diverse markets that let you choose the bets that suit you best.

    While 22bet delivers a smooth betting experience from the comfort of your home, the bookie also provides a fully optimized mobile version that makes wagering on the go easy. Whether you want to place a pre-match bet or explore in-play betting, you can stake exactly as you wish at 22bet.

  2. 20Bet

    20Bet logo
    Bet Now Review
    Licenses
    Curaçao Gaming Authority (OGL/2024/590/0758) Kahnawake Gaming Commission (#00882)
    Min Deposit
    • $21 - Bitcoin; • $10 - Other Methods
    Min Withdrawal
    $/€10
    Withdrawal Time
    • E-wallets - 12 hours • Cryptos - 24 hours • Credit/debit cards - 7 business days
    Deposit Methods
    Visa logoMastercard logoPaysafecard logoPerfect Money logoBitcoin logoEthereum logoLitecoin logoMiFinity logoecoPayz logoCashtoCode logoJeton logoeZeeWallet logoFlexepin logoNeosurf logoInterac logoPOLi logoNeteller logoSkrill logoTether logoDogecoin logoRipple logoCardano  logoSolana logoBinance Coin logoChainlink logoPolkadot logoBank Transfer logo
    Sponsorships
    N/A
    Contact Details
    Live Chat: Yes email: support@20bet.com Phone: N/A
    X profileInstagram profileTelegram accountLinkedIn profile
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    • Extensive coverage of top sporting events
    • A generous welcome offer
    • Supports secure, easy-to-use payment methods
    • All bettors are automatically enrolled in 20bet’s VIP program
    • Android and iOS users can bet via 20bet’s fully optimized mobile version
    • 24/7 live chat customer support

    If you are looking for a reliable online bookmaker where you can place your favorite sports bets, head to the official website of 20bet. This betting brand ensures a fair, safe, and fun betting experience for its patrons, making their time at 20bet memorable. The bookmaker also caters to Greek bettors, letting them wager on a wide range of local and international sporting events.

    As a member of 20bet, you gain access to numerous betting categories such as match winner, totals, handicaps, and more. Live betting is available too, with in-play markets offered on many events. For hassle-free payments, the bookmaker supports a wide range of methods, including several popular cryptocurrencies.

  3. Novibet

    Novibet logo
    Bet Now Review
    Licenses
    Malta Gaming Authority (#MGA/CRP/186/2010)The Irish Revenue Commissioners (1020856)
    Min Deposit
    $5: ApplePay, PaysafeCard; $10: Credit/Debit card, Interac, eWallets, Rapid Transfer
    Min Withdrawal
    $10: Credit/Debit Card, eWallets; $30: Bank Transfers
    Withdrawal Time
    Credit/Debit Card, Bank Transfers: up to 3 days; eWallets: within 1 hour
    Deposit Methods
    Visa logoMastercard logoNeteller logoSkrill logoSkrill 1-Tap logoPaysafecard logoBank Transfer logoRapid Transfer logoInterac logoApple Pay logoIRIS Online Payments logo
    Sponsorships
    Fortaleza, Huachipato FC, Aris FC, Atromitos FC, Volos FC, Asteras Tripolis, Panaitolikos, Panserraikos, Omonoia, Anorthosis
    Contact Details
    Live Chat: Yes Email: support@novibet.com
    Facebook profileX profileInstagram profileYouTube chanelLinkedIn profile
    Chart loading...
    • Coverage of top sports with diverse betting markets
    • Dedicated Android and iOS apps
    • Convenient payment options
    • 24/7 customer support
    • Bountiful promotions for both newcomers and regular bettors
    • High level of protection through SSL encryption

    Greek punters will rarely find a better destination for sports betting than Novibet. Because the sportsbook initially targeted only Greek customers, it knows how to deliver a tailored experience. To start your journey at Novibet, visit the sportsbook lobby and explore the diverse sports covered by the bookie. Major leagues are included and the odds are highly competitive.

    Live betting is also worth exploring because it lets you stake on events in real time. To make the experience even more accessible, Novibet offers a dedicated app for both Android and iOS devices.

  4. bet365

    bet365 logo
    Bet Now Review
    Licenses
    Min Deposit
    $/€5-10
    Min Withdrawal
    $/€5-10
    Withdrawal Time
    Cards, E-wallets, Paysafecard: 1-4 hours; Apple Pay: instant; Wire Transfer: 1-2 banking days
    Deposit Methods
    Visa logoMastercard logoNeteller logoSkrill logoSkrill 1-Tap logoPayPal logoPaysafecard logoTrustly logoBank Transfer logoInstadebit logoiDebit logoAstropay logoInterac logoApple Pay logoMaestro logoiDeal logoKlarna  logoMiFinity logo
    Sponsorships
    UEFA Champions League
    Contact Details
    Live Chat: Yes; Email: support.eng@customerservices365.com; Phone: 00 800 1236 5365
    Facebook profileX profileLinkedIn profile
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    • Extensive experience in the online gaming scene
    • A variety of bonuses and promotions
    • Responsive customer support
    • Dedicated apps for iOS and Android users
    • Competitive odds
    • Wide market coverage

    Greece is one of many countries where bet365 operates, giving bettors the chance to enjoy a top-notch betting experience. The sportsbook caters to every type of bettor, providing odds on a wide array of events. Football, tennis, and basketball are popular, but you can explore many additional options.

    To suit every bettor, the bookie provides both pre-match and live betting, each with its own set of markets. For those on the move, a dedicated mobile app makes wagering on the go easy.

  5. NetBet

    NetBet logo
    Review
    Licenses
    MGA (MGA/B2C/126/2006)UKGC (39170)
    Min Deposit
    $/£/€10
    Min Withdrawal
    $/£/€10
    Withdrawal Time
    Bank cards - 2-4 business daysE-wallets - 1 business dayBank transfers - up to 48 hours
    Deposit Methods
    Visa logoMastercard logoNeteller logoSkrill logoPayPal logoPaysafecard logoTrustly logoSofort logoCashtoCode logoApple Pay logo
    Sponsorships
    Premier League West Bromwich Albion; Ligue 1 St. Etienne, FC Steaua București
    Contact Details
    Live Chat: YesEmail: support@netbet.comPhone: N/A
    X profileInstagram profile
    Chart loading...
    • A reliable online sportsbook
    • Offers a variety of promotions
    • Provides a dedicated mobile app
    • Supports multiple payment options
    • Presents bettors with a wide range of betting options
    • Live streaming of major sporting events

    NetBet is a gambling brand that gives Greek bettors a rewarding, fun, and seamless online betting experience. The bookie offers odds on popular sports such as football, basketball, tennis, and many others. Be sure to explore every category, as even less common sports can provide exciting betting opportunities.

    As a NetBet member, you can place pre-match bets on your favorite events. Many of these events are also available in the bookie’s in-play betting section. This allows you to decide on your bets while the action unfolds in real time.

  6. Rabona

    Rabona logo
    Licenses
    •Ireland Revenue Commissioners (1020581) •Anjouan Gaming Board (ALSI-202411077-FI2) •Operated by Naale Limited in Ireland and Stellar Limited in Anjouan
    Min Deposit
    •€30 for BTC; •€10 for other methods
    Min Withdrawal
    •Fiat methods - €10; •USDC, USDT, XRP, ADA - €30; •ETH - €40; •BTC: - €60; •BCH - €10
    Withdrawal Time
    •Bank cards - 2-5 days; •E-wallets, Crypto - instant
    Deposit Methods
    Mastercard logoPaysafecard logoSkrill logoSkrill 1-Tap logoNeteller logoJeton logoMiFinity logoBitcoin Cash logoTether logoBitcoin logoLitecoin logoEthereum logoRipple logoUSD Coin logoInterac logoBank Transfer logoVisa logoRapid Transfer logoCardano  logoNeosurf logoMuchBetter logoRevolut logoPIX logoAktia logoPOP Pankki logoDanske Bank logoS-Pankki logoNordea logoZimpler logoOp-Pohjola logoÅlandsbanken logoSäästöpankki logoPankkisiirto  logo
    Sponsorships
    SSC Napoli
    Contact Details
    Live Chat: Yes Email: support@rabona.com
    Telegram accountYouTube chanel
    Chart loading...
    • Great selection of pre-match bets
    • Live betting on numerous sporting events
    • Fully optimized for mobile devices
    • Plenty of promotions for new and existing members
    • Supports many secure payment methods
    • Quick responses from the customer support team

    Rabona is a betting brand that caters to the needs of numerous punters, including those based in Greece. To please every bettor, the bookie offers competitive odds on numerous sporting events, letting Rabona members wager on some of the biggest leagues and tournaments worldwide.

    In addition to a wide range of pre-match options, the bookie offers plenty of in-play bets. This category lets bettors place wagers while matches unfold in real time and choose from various markets, making the experience even more exciting.

  7. BC.Game

    BC.Game logo
    Licenses
    The Government of the Autonomous Island of Anjouan (ALSI-202410011-FI1)
    Min Deposit
    0.00001 BTC; 1 USDT; 0.0003 ETH; 0.009 LTC
    Min Withdrawal
    0.000874 BTC; 22.5384 USDT; 0.0205 ETH; 0.105 LTC
    Withdrawal Time
    5 to 10 minutes (1 to 6 hours for larger transactions)
    Deposit Methods
    Bitcoin logoEthereum logoTether logoRipple logoDogecoin logoLitecoin logoTron logoBitcoin Cash logoStellar  logoChainlink logoPolkadot logoEOS logoUSD Coin logoDai logoMonero logoUniswap logoBitcoin SV logoAave logoYearn.finance (YFI) logoBinance Coin logoSolana logoPolygon logoCosmos Atom logoNano logoKava logoTHORChain (RUNE) logoToncoin logoDash logoCardano  logoThe Sandbox (SAND) logoShiba Inu logoBasic Attention Token logo
    Sponsorships
    LCFC; Cloud9 - CS2; Cloud9 - Dota2; Jason Derulo, Leicester City FC (2024/2025), St. Kitts & Nevis Patriots, Lil Pump, Colby Covington, Antonio Brown, Kwara United FC, Sashimi Poker
    Contact Details
    Live Chat: YesEmail: support@bc.gamePhone: N/A
    Facebook profileX profileInstagram profileTelegram accountDiscord channe
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    • Crypto sportsbook supporting a wide range of coins
    • Fast and secure payments
    • Extensive sports coverage
    • In-play bets on a variety of sporting events
    • Optimized for any mobile device
    • Safe betting experience backed by industry-standard security tools

    Anyone ready to embrace a modern way of betting online can head to BC.GAME. The brand allows its members to use cryptocurrencies for deposits and withdrawals, ensuring safe and highly convenient sports betting. Greek punters can also join the crypto sportsbook and wager on many of their favorite sporting events.

    Because the sports section covers numerous sports, it is easy to find the latest major events and back the teams or players you support. Both pre-match and live betting are available to BC.GAME members, creating a fun experience for every type of bettor.

  8. 1xBit

    1xBit logo
    Bet Now
    Licenses
    Government of the Autonomous Island of Anjouan (ALSI-202409027-FI2)
    Min Deposit
    0.01 mBTC; 20 mETH; 10 mLTC
    Min Withdrawal
    0.21 mBTC
    Withdrawal Time
    Few minutes to 1 hours
    Deposit Methods
    Bitcoin logoEthereum logoTron logoBitcoin Cash logoEthereum Classic logoRipple logoLitecoin logoDogecoin logoDash logoMonero logoZCash logoNEM logoDigiByte logoVerge logoQTUM logoCardano  logoStellar  logoPolkadot logoToncoin logoAvalanche logoCosmos Atom logoPolygon logoTether on Ethereum logoTether logoBinance Coin logoSolana logoUSD Coin logoDai logoChainlink logoShiba Inu logo
    Sponsorships
    N/A
    Contact Details
    Live Chat: Yes; Email: support-en@1x-bit.com, security@1x-bit.com, Phone: N/A
    X profileInstagram profileTelegram accountYouTube chanel
    Chart loading...
    • Crypto sportsbook supporting a wide range of cryptocurrencies
    • Covers numerous popular sports
    • Live betting available on many sporting events
    • Mobile version compatible with various smart devices
    • Responsive customer support
    • Supports multi-view

    With crypto betting becoming a major trend, Greek punters may want to try something different. In that case, they can visit 1xbit, where a plethora of betting options awaits and payments are processed quickly and securely via various cryptocurrencies.

    Football, basketball, and tennis are only a few of the sports 1xbit covers; bettors can explore many other categories and find competitive odds across the board. The bookie provides diverse markets that can make the experience more exciting and potentially profitable. Additionally, bettors can claim 1xbit promotions to add value to their bets at any time.

  9. Stake.com

    Stake.com logo
    Licenses
    Curaçao Gaming Authority (OGL/2024/1451/0918) Columbia (C1751) Mexico (DGAJS/SCEVF/P-06/2005-TER EN) Peru (N° 4748-2024-MINCETUR/VMT/DGJCMT, N° 4749-2024-MINCETUR/VMT/DGJCMT) Secretariat of Prizes and Bets at Brazil's Ministry of Finance (PORTARIA SPA/MF Nº 263)
    Min Deposit
    No minimum or maximum deposit limits for crypto
    Min Withdrawal
    • BTC: 0.00002504; • ETH: 0.00062610; • LTC: 0.01857329
    Withdrawal Time
    • Crypto: Instant; • Bank Transfers: 3 business days
    Deposit Methods
    Bitcoin logoEthereum logoLitecoin logoDogecoin logoBitcoin Cash logoTron logoEOS logoTether logoCronos logoUSD Coin logoApeCoin logoDai logoChainlink logoThe Sandbox (SAND) logoShiba Inu logoUniswap logoPolygon logoSolana logoEU SEPA bank transfer logoGoogle Pay logoPIX logoVisa logoMastercard logoMaestro logoApple Pay logoBank Transfer logoBinance USD logo
    Sponsorships
    UFC, Everton Football Club, Enyimba Football Club, Team Vitality (eSports), Stake F1 Team, Drake, Esporte Clube Juventude, FBC Melgar, Trinbago Knight Riders, Fortaleza CEIF, Club Deportivo Nublense, Davis Cup, Kun Aguero, Patrice Evra, Israel Adesanya, Alex Pereira, Valentina Shevchenko, Merab Dvalishvili, Alexandre Pantoja, Caio Borralho, Frankie Dettori
    Contact Details
    Live Chat: Yes Email: support@stake.com
    Facebook profileX profileInstagram profileYouTube chanelLinkedIn profile
    Chart loading...
    • Supports a wide range of cryptocurrencies
    • Covers the most popular sports
    • Offers both pre-match and in-play betting
    • Provides ways to buy crypto directly on the site for wagering
    • Quick and secure payments
    • Excellent live support

    Greek bettors can enjoy a superb experience at Stake.com, currently the trendiest crypto sportsbook. Instead of relying on standard payment methods, members can manage their wallets with popular crypto coins and enjoy fast, secure payments. You can also purchase crypto with traditional methods and start betting immediately.

    Bettors who join Stake.com receive competitive odds on major events, and the bookie covers niche sports as well. While browsing the site, you will find in-play markets on many events, adding extra thrill to your experience.

  10. Sportsbet.io

    Sportsbet.io logo
    Licenses
    Curaçao Gaming Authority (OGL/2023/110/0072)
    Min Deposit
    • BTC 0.000007; • ETH 0.00013; • LTC 0.002
    Min Withdrawal
    • BTC 0.0005; • 0.01 ETH; • 0.1 LTC
    Withdrawal Time
    Within 15 minutes
    Deposit Methods
    Bitcoin logoEthereum logoTether logoLitecoin logoRipple logoDogecoin logoCardano  logoBinance Coin logoPolygon logoShiba Inu logoSolana logoUSD Coin logoTron logoToncoin logo
    Sponsorships
    La Liga, Nwankwo Kanu, Brett Lee, Tristan Thompson, World Snooker Tour (Players Championship, Tour Championship and Champion of Champions)
    Contact Details
    Live Chat: YesEmail: hello@sportsbet.ioContact Us Form
    Facebook profileX profileInstagram profileTelegram accountYouTube chanelTikTok profile
    Chart loading...
    • Crypto sportsbook supporting multiple cryptocurrencies
    • Fast and easy payments
    • Competitive odds on a wide range of events
    • Live betting across numerous sports
    • Generous sportsbook promotions
    • Clubhouse TV with in-play betting tips and commentary

    Bettors can enjoy a top-notch sports betting experience by joining Sportsbet.io and wagering on their favorite events. As a crypto sportsbook, it lets punters use popular cryptocurrencies to fund their wallets and withdraw winnings. Using crypto is a huge advantage because it enables fast and secure payments.

    Beyond convenient payments, Sportsbet.io delivers a great experience through a variety of wagering options. The bookie covers the most popular sports along with several niche categories. With entertaining markets and extensive in-play offerings, this sportsbook can easily become your favorite place to bet.

The legal situation pertaining to sports betting in Greece is somewhat complex, but this has not prevented many locals from taking their wagers online, where they have access to a wealth of betting markets, competitive odds, and a variety of enticing bonuses and promotions.

In this Sportingpedia guide to sports wagering in Greece, you will find information about the legal landscape, the current regulations, and the most important betting laws, followed by sections on market coverage, available promotions, and supported payment methods for bettors from the country.

Legality and Regulation of Sports Betting in Greece

Legality and RegulationOnline sports betting, and gambling in general, are legal in Greece, with punters having a choice of various land-based sportsbooks that operate under licenses issued by the state-owned OPAP (Organization of Football Prognosis). The latter also holds a monopoly on the online sports betting sector in the country, with very few offshore operators holding interim licenses to serve customers from Greece.

This has given rise to a thriving gray market, as many Greek punters choose to take their sports betting action to unauthorized offshore betting sites that continue to accept wagers from the country despite the restrictions. At the time of writing, there are no known cases of Greek bettors being prosecuted by the law for participating in sports betting on foreign sportsbooks that lack domestic licenses.

That being said, punters from the country are required to pay taxes on winnings they earn through sports betting. Before the changes that took place in 2013, Greek sports bettors were required to pay a 10% tax on their profits.

The 2013 amendments in the law introduced a tiered taxation system where the rates fluctuate depending on the amount won. Those who earn profits between €100-€500 are expected to pay a 15% tax, whereas winnings exceeding this threshold are taxed at 20%. Casual punters who earn under €100 are not taxed.

It should be noted that Greeks who bet at offshore-based online sportsbooks are not necessarily subject to taxation, for the simple reason there is no regulatory framework to govern the winnings generated on websites licensed under foreign jurisdictions. However, it is every Greek punter’s personal responsibility to pay taxes on their winnings.

Online betting gained such massive traction in Greece at the beginning of the 21st century that the country’s government attempted to ban wagering on the internet altogether in 2002. Following the economic hit the country took during the 2008-2010 financial crisis, Greek legislators were forced to review their stance on online gambling in 2010.

In 2011, as many as 24 temporary licenses were issued to online betting companies, including major players on the sports betting scene such as Ireland-based Paddy Power and Britain-based Ladbrokes and William Hill. Those who violated Greek laws by accepting sports betting wagers without a domestically issued license were threatened with severe penalties, including hefty fines and imprisonment.

The good news is that Greece is set to permanently open its market to foreign competition by introducing new regulations on online sports betting and gambling as a whole. Under the new regulatory regime, the country is to grant permanent licenses to the 24 betting companies that currently operate under interim licenses. Stick with us to learn more about the most important pieces of legislation pertaining to the online sports betting sector in Greece.

Key Sports Betting Laws

Key Sports Betting LawsThe year 1996 can easily be described as a turning point for the sports betting sector in Greece, as the country’s government granted exclusive rights to the state-owned OPAP, which resulted in the sector’s monopolization. OPAP’s exclusive rights were initially intended to expire in 2020, but this period was later extended to 2030.

With the advance in technologies that marked the turn of the 21st century, online sports betting became increasingly popular among Greek punters. This resulted in the enactment of Law 3037/2002, a rather vague and hotly debated piece of legislation that aimed at banning all forms of interactive gambling within the country.

Interestingly enough, Law 3037/2002 was proposed and enacted after a member of PASOK (the Panhellenic Socialist Movement) was caught participating in illegal land-based gambling activities. Vague as it was, this piece of legislation effectively prohibited all forms of interactive gambling, including casino gaming, sports betting, and even arcade and video games in public places such as the then-widespread internet cafés whose customers actively took part in online chess and other similar forms of entertainment.

The law applied to both locals and foreigners, who were not allowed to bring any form of video game on mobile devices into the country. Owners of internet cafés who failed to comply with Law 3037 faced hefty fines (up to €75,000), closure, and even jail time (up to twelve months).

The ban unleashed a thriving black market, with an increasing number of sports bettors taking their action to foreign-licensed online sportsbooks. Law 3037 was enacted in July 2002 and caused considerable controversy across the European Union. Some reputable offshore betting operators like William Hill, Stanleybet, and Sportingbet were willing to apply for local licenses and indeed did so, only to be rebuffed by Greek regulators.

Law 3037/2002 was repealed in August 2011, and Law 4002/2011, also known as the 2011 Gambling Act, was enforced. Under the amendments, the Greek government issued temporary licenses to 24 online betting operators, including the UK-based Ladbrokes and William Hill.

A regulatory framework was expected to be introduced in the following year, but Greek legislators suddenly had a change of heart and decided to continue pushing for the OPAP monopoly. In 2012, lawmakers came up with proposals aimed at cementing the state monopoly on sports betting.

In the winter of the same year, operators with interim licenses were requested to start withdrawing their services from the Greek market. Some chose to leave immediately, while others decided to hold out and wait for favorable changes in the rigid regulatory framework.

Things quickly escalated, and the matter of OPAP’s monopoly was taken to the highest court in Europe. Foreign operators like William Hill and Stanleybet argued that the monopolization was against the principles of healthy competition and free-market laws in the European Union.

The Greek authorities, in turn, argued that RNG-based games are highly addictive, a somewhat hypocritical statement considering OPAP is allowed to operate tens of thousands of land-based video lottery terminals in the country. In 2013, the European Court of Justice ruled that OPAP’s monopoly was in violation of EU laws and demanded Greece open its market to foreign competition.

Greek legislators eventually yielded under pressure from the European Union, but the severe economic crisis the debt-ridden country was facing at the time also played a crucial role in the amendments that followed.

Greek authorities presented the European Commission with revisions of the country’s betting laws, which resulted in a three-month standstill period. Meanwhile, Greek punters continued to resort to the services of foreign-based betting operators, which caused a severe 72% decline in OPAP’s revenue in 2013. The state gave up most of its shares in OPAP, which no longer enjoys tax-free status.

Greece is to Revamp Its Rigid Online Betting Legislation

Greece is to Revamp Its Rigid Online Betting LegislationAs of September 2018, Greek punters and foreign sports betting operators finally have a reason to rejoice. The government has rolled out a new regulatory framework that allows the betting providers that have been operating with temporary permits since 2011 to apply for new, permanent licenses.

The licensing conditions may not appeal to many foreign operators, though. The new framework requires each sports betting operator to pay a licensing fee of €4 million. Those looking to offer online casino games as well will have to dig deeper and pay an additional starting fee of €1 million.

But it does not end there. A valid license expires five years after issuance, and each renewal requires another €4 million per operator. Additionally, each applicant must pay a security deposit of €0.5 million and prove they hold a valid license to offer their online services in other European markets. The government plans a 35% tax on foreign operators’ revenue.

Potential licensees must provide records of their financial performance during the previous three years before submitting their applications. Those who have been blacklisted are not even allowed to submit license applications. Meanwhile, Greek sports bettors will have to comply with the above-specified tiered taxation system that applies to their profits.

Greece Sporting Events Coverage and Markets

Sporting Events Coverage and MarketsOnline sports bettors from Greece enjoy a fascinating diversity of markets. All reputable bookmakers that serve customers from the country offer competitive prices along with a huge range of functionalities such as in-play betting with odds updated as the live events progress, a user-friendly interface, different odds formats, tips, and detailed statistics.

These are mostly British-based betting companies that have received temporary licenses, many of which also cater to the Greek sports betting public by providing punters with support in their native language.

Since Greece is the birthplace of the Olympic Games, it makes sense for Greece-friendly sportsbooks to accept bets on various athletic competitions during the Olympics. Additionally, Greece ranks high in terms of soccer participation and viewership, with many punters backing their favorite teams on the online soccer markets.

There is a vast range of options soccer fans from the country can choose from, since there is exceptionally broad coverage of events from the UEFA Champions League, the English Championship, the Premier League, and the Europa League. Competitions from various domestic leagues like La Liga, the Bundesliga, Ligue 1, Primeira Liga, and the Greek Super League are also among the alternatives for sports bettors, who can choose from a variety of bet types on the live and pre-match markets. These include Over/Under, Match Betting, Both Teams to Score, Half-Time, and Draw No Bet. Accumulators and Asian handicaps are typically listed among the options.

Greeks are also keen on basketball and are catered to with a huge range of markets, covering events from the NBA, EuroLeague, and the Greek Basket League. Those interested in betting on basketball can choose from bet types like Match, Total Points, and 2-Way Handicaps, among others.

Volleyball ranks high in popularity among Greek punters, who can support their favorite teams with bets on events from all major European international and domestic competitions. There is a huge number of bets volleyball fans can explore online, including Match and Set Handicaps, Total Points, and First Set Winner.

Other popular sports readily available at Greek-friendly online sportsbooks include golf, tennis, cricket, cycling, darts, boxing, handball, mixed martial arts, and motor racing. Horse and greyhound race betting is also an option for those interested. All major sportsbooks serving punters from the country support mobile betting as an alternative, with some even offering dedicated mobile applications for iOS and Android devices.

Popular Odds Format in Greece

Popular Odds FormatDecimal odds, commonly referred to as European odds, are preferred by most Greek punters, so it makes sense for Greece-friendly sportsbooks to support them. The biggest advantage here is that this form of odds expression is rather simple to comprehend. In fact, it takes only seconds for a bettor to calculate the expected return on a wager quoted in the decimal odds format.

All you have to do to figure out your return is multiply the decimal number by the amount you stake. So if we assume you make a bet at odds of 3.40 and stake €20, you can expect a return of €68. Bear in mind your original stake is included in the overall returns, which means you can expect net profits of €48.

It is important to distinguish between fractional and decimal odds, since 3.00 is not the same as 3/1. The conversion of fractional into decimal odds is also quite simple to perform. To do so, divide the numerator of the fraction by its denominator and then add 1 to the result. For example, if the odds are quoted as 5/2, you perform the following calculation: [5/2] + 1, which shows that the decimal odds for this wager are 3.50.

Calculating the implied probability of winning is easy enough with decimal odds, and these calculations are of vital importance for any sports bettor because they give you an idea of a wager’s potential value and its likelihood of winning.

Let’s imagine you are having a tough time choosing between two wagers, one at odds of 5.30 and the other at odds of 1.52. To calculate the implied probability of each wager, you need to divide 1 by the decimal odds and then multiply the result by 100, like so: [1/5.30]*100 = 18.86% and [1/1.52]*100 = 65.78%.

As you can see, the second wager has a much higher probability of winning but will yield smaller overall returns with a €10 stake, or €15.20. In contrast, you can collect profits of €53 with the first wager, but its likelihood of success is much lower at 18.86%. Always remember, the higher the odds, the larger your potential returns, but the lower the likelihood of winning.

Payment Solutions for Sports Bettors from Greece

Payment SolutionsThe rigid online betting regulations in the country make it difficult for sports bettors from Greece to process payments to unauthorized sportsbooks, and they generally face a somewhat limited range of payment options.

Here it is essential to mention that there are restrictions on outgoing monetary transactions, and Greeks must comply with limits on the amounts they can transfer abroad. Because of this, payments conducted via bank transfers or debit/credit cards sometimes fail to go through, but thankfully there are other options punters from the country can use.

E-wallets like Skrill and Neteller are among the most popular alternatives because they provide a fast, easy, and secure way to transfer funds to one’s betting account. To use them, you must register an account and top it up.

EcoPayz is also an alternative for those looking to conduct fast and hassle-free payments to and from their online betting accounts. Another option is to use the locally available Vivo wallet. The capital controls on offshore payments make it impossible for Greek punters to deposit with Paysafecard (at least at foreign websites that lack domestic licenses), but one solution is to purchase a voucher from a foreign website. Cryptocurrencies like Ripple, Bitcoin, Litecoin, and Ethereum are also viable options for Greek punters since they are decentralized and, therefore, are not subject to the capital controls in the country.

Bonuses and Rewards for Sports Bettors from Greece

Bonuses and RewardsGreek sports bettors are rewarded for their action with various promotional incentives. New customers have the chance to redeem welcome bonuses that usually come as first-deposit matches or free bets. These amounts are normally not withdrawable and can be used only for free betting, but on the plus side they come with very reasonable wagering requirements, so you can easily clear them and cash out any profits.

Existing customers can take part in a number of promotions available throughout the entire year. Accumulator cashbacks or insurance offers are a common treat from which returning bettors can benefit. In the vast majority of cases, bettors must comply with minimum odds requirements per selection, and there are also conditions on the cumulative odds of the accumulator you must meet to qualify for the cashback. If one of the accumulator selections loses, the sportsbook compensates you with either a free bet or free credits to bet with.

Other common promotions include best odds guarantees and price boosts. Each promotion has conditions attached to it, and you must read those in full detail to prevent the forfeiture of your bonuses and any resulting winnings.

Customer Support at Greece Sports Betting Sites

Customer SupportGood customer support is an inseparable part of an enjoyable online betting experience, which is why we at Sportingpedia hand-pick only online bookies that value their customers and demonstrate this appreciation by ensuring adequate support services at all times. Some of the best operators in the industry, like William Hill and bet365, even serve their customers in Greek, which is great news for punters who cannot speak English or other languages fluently.

Assistance is commonly available via a 24/7 live chat feature that enables you to contact a support agent in seconds. The support staff undergo comprehensive training, so you can ask them anything and still receive a professional and competent response almost immediately. Just make sure you select the proper support department when using the live chat to avoid wasting time and being transferred from one department to another.

Other commonly available ways to receive information or help are via email or over the telephone. Some operators prefer to respond to such queries via free callbacks. Last but not least, all reputable betting sites feature detailed FAQ sections with plenty of information on payments, technical issues, and security, so do not forget to check these out, as there is a good chance you will find the answers to your questions there.

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