IS BETTING LEGAL IN BELGIUM?

Yes. Sports betting is legal in Belgium, both when it comes to placing bets at local bookmakers and doing it online.

There is a caveat, however, where online betting in Belgium is concerned. As per the 2011 Gambling act, online gambling is only permitted at licensed platforms. By “licensed” we mean those online bookmakers that have a legit operating license issued by the Belgian gambling commission.

Betting at an unregistered sports betting site is an offense in the eyes of the Belgian law. If you do this, you risk getting fined as much as €20,000.

That’s the main incentive for you to stay focused on the bookmakers with a Belgian operating license. Another reason is that a big majority of what we consider to be the best online bookmakers are licensed in Belgium. For this reason, there really is no need to put yourself at risk by betting with unregulated bookmakers.

The big question is which online bookmakers have a license in Belgium? This is something that The Belgian gambling commission leaves to the bettors to figure out. Its official web page lists all the gambling sites that are banned in Belgium. If a site is in there, you ought to stay away from it.

At the same time, if your bookmaker isn’t blacklisted by the Belgian gambling commission, it doesn’t automatically mean that you’re good to go. You still need to check its licensing info.

DO YOU PAY BETTING TAX IN BELGIUM?

No. Bettors do not have to pay tax on their winnings. Gambling tax is the responsibility of the bookmaker. This is one of the main reasons why the Belgian gambling commission insists that you gamble only at licensed platforms. Those are the ones that pay gambling tax.

Belgian gambling laws do list one exception to this rule – if gambling is your only source of income, you might be required to pay tax. So, if you’re doing Value Betting full-time, your profits might get taxed.

If this is the case, our advice is to consult a licensed legal expert to make things clear for you.

BEST BOOKMAKERS TO USE FOR SPORTS BETTING & TRADING IN BELGIUM

Without a license, a bookmaker in Belgium is of no use to you. The good news is that there are plenty of bookmakers licensed in Belgium that Trademate works with.

From our experience, we can tell you that most of them are fantastic. Still, there are a few that stand out from the crowd. Let’s talk about those bookmakers now!

BWIN

Bwin is a fantastic choice for Value Bettors based in this country. The list of reasons why you should give this bookmaker a chance is very long, with its amazing welcome bonus being a top reason. You can grab a €100 welcome bonus with Bwin.

Another fact that Value Bettors will appreciate about Bwin is that this sportsbook is quite generous with its odds, allowing plenty of value betting opportunities.

LADBROKES

Pretty much everything that we wrote about Bwin applies to Ladbrokes as well. Lucrative bonuses and attractive odds, along with a Belgian operating license.

Another thing that makes it great is its reputation for being friendly toward professional gamblers. The chances that you’re going to get gubbed by Ladbrokes is a bit lower than other soft bookies.

UNIBET

Unibet offers its services in various corners of the planet. It has a valid license in Belgium, where it’s one of the most popular sports betting sites. The main reason for its popularity is its user-friendly attitude.

The evidence of it lies in the fact that its platform is very easy to use, with users being able to change the website language from French to Dutch and vice versa. They provide a lot of value bets with Trademate also!

BETWAY

Here’s another heavyweight bookmaker that’s famous all around the world. Same as the three previously discussed, Betway too has a license issued by the Belgian gambling commission.

It also has some nice bonuses up for grabs, including €10 free bets every week. There’s also a decent welcome bonus offer, as well as plenty of other promos up for grabs on a regular basis.

OTHER GREAT BELGIAN BOOKMAKERS

The bookmakers we discussed are just some of the many options available to Belgian players. Our Value Betting tool covers many others, meaning that you will surely be able to start your Value Betting journey in the fifth gear.

FINAL WORD

Sports betting can be super-fun, but it can also be very profitable. Of course, this is only true if you take the right approach. Value Betting can help you make a real fortune but you do need to invest a little time, money, and effort, but it’s very likely to pay off. In a big way!

All of this is only true if you’re located in a country that has betting-friendly laws. One such country is Belgium, so if you would like to start with Trademate, nothing is stopping you. Just make sure you bet at licensed bookies; the rest is our job.

Belgian players are welcome at Trademate. Join us and start making money straight away!

Read about how value occurs in sports betting here.

Want to know how to clear the bonuses with Oddshero? Check out this article here.