Best Betting Sites in Switzerland

Where to bet safely in Switzerland and Which Online Bookmakers to Join?

Swiss punters have a wealth of best betting sites for Switzerland to choose from. Our pro team at Silentbet.com has made a list detailing the best of the best bookies for Swiss players. Check it out!

Best Bookies in Switzerland Ranked

1. 22bet – Silentbet’s #1 betting site for Switzerland
2. Pinnacle – Top sportsbook with the best odds for 2024
3. Cbet – Very generous bonuses and promotions
4. Megapari – Best crypto bookie in Switzerland

Switzerland’s TOP Bookmakers Reviewed

Due to the liberalisation of the Swiss gambling market, you will have a chance to play your bets on various online and land-based bookmakers. These are there in plenty, and you can easily choose what site you like to gamble on. However, the sites differ in many ways, and some key differences manifest in games offered, payment methods adopted, and payment speeds.

When you select any online bookmaker of your choice, higher chances are that it’s not an offshore entity. The reason behind is that most of the online bookies in the country are owned locally in Switzerland.

Some of the best Swiss bookmakers that you can try out include the following:

22bet

This is a Cyprus-based bookmaker that has an Eastern European background. 22bet is licensed in Curacao and holds local licenses in Kenya, Tanzania, and Nigeria. 22Bet is known for various sports, a casino, live casino, virtual sports, and e-sports.

The bookmaker odds are above average. However, the pay-out depends on the individual sports as some, like football and basketball, bears higher odds than others.

Pinnacle

This is one of the popular betting companies that set its foot in gambling for the first time several decades ago. Investing in high odds to attract punters, the company saw a drastic growth among the European punters in general. That way Pinnacle is now a house-hold name all over the world.

The bookie has a vast betting arena that prompts players with all the betting options the modern gaming sites could offer. These include a rich sportsbook, a modern online casino, and a live casino.

Although it’s one of the largest bookmakers in the industry, Pinnacle stands out in the crowd for its great odds. The odds come in fractional, decimal, and American formats, but change from the default decimal format is acceptable.

Cbet

Founded in 2017, Cbet is a brand licensed in Curacao. Although the platform is primarily meant for sports and eSports, it offers you a chance to play casino games, live casino, and more.

Cbet is a significant player in the gambling industry and has excellent odds in store for you. The odds vary from one sport to another and typically comes in different formats. These include Decimal, Hong Kong, American, Fractional and Malaysian.

Megapari

Of course, our list of the best betting sites in Switzerland will not be complete without the inclusion of MegaPari. This is a modern bookmaker that accepts lots of different traditional and crypto payments. You can enjoy BTC and ETH betting on this site. This is a sportsbook but also a casino with lots of top-notch games. Make sure to use our bonus code for exclusive rewards that include better welcome offers.

What to Consider When Choosing a Betting Site in Switzerland?

As we pointed out earlier, the Swiss gambling market has hundreds of online and land-based gambling sites. If you want to play, you have to select the best bookmaker. This selection requires you to be keen enough not to fall into the hands of a bookmaker that will not offer you the entertainment of your dreams. It’s thus essential to ask yourself the below critical questions when looking for the best Swiss betting sites:

• Is the bookie licensed?
• What’s the company’s reputation?
• What payment methods does the bookmaker support?
• What are the transactional costs associated with the payment method, if any?
• Does the bookmaker offer bonuses to its players?
• Is the bookmaker website easy to use?
• What is the view of other Swiss players concerning the bookmaker?

Betting in Switzerland – Trivia

• Currency: Swiss Franc denoted as CHF
• Population: 8,714,679
• Active Players: Estimation of 1.65 million in 2020
• Designated Authority: Swiss Federal Gaming Board
• Regulated Gambling Products: casino, poker, bingo, lottery, sports, and other games of chances
• Types of Operators: Land-based gaming shops, online gambling sites (Both local and foreign)

Did you know that?

• The minimum gambling age in Switzerland is 18 years
• The first Swiss gambler to win at least CHF 1 Million in gambling was back in 1979
• Gamblers from Switzerland have more than 269 websites where they can take part in gambling activities.
• Switzerland gambling became legal in April 2000 for the first time in 80 years.

Gambling in Switzerland

Gambling in Switzerland is a common occurrence like it is in any other European nation. The field presents you with various choices of gambling products in Switzerland. Some of these include land-based casinos in 20 avenues, online casinos and sportsbooks offered by local and offshore betting sites.

All the gaming avenues in Switzerland operate through a strict check from the Swiss Federal Gaming Board. The board highlights a list of checks that any company or individual willing to venture into the Swiss gambling market must adhere to. These checks come in the form of licenses that keep the practice under control all the time. Besides, they ensure payment of all taxes necessary from the proceeds of gambling to the government.

Is Gambling in Switzerland Legal?

Gambling in Switzerland is legal. As at now, there are more than 19 land-based casinos that operate without rubbing shoulders with the gaming authorities in the country. Besides, the gamblers in Switzerland can enjoy more than 269 online websites for their gambling activities.

However, the legalisation of gambling in Switzerland did not just happen in a day. It has been a process that started way back in 1874 after the first gambling regulation. Since then, several milestones have been achieved, making the industry legal. Some of these milestones include the 2000 amendment of the 1874 regulation that saw the legalisation of land-based casinos.

The October 2015 legislation concerning gambling saw a significant revolution in the Switzerland gambling industry that led to internet gambling. This has seen the massive establishment of online casinos and sportsbooks. However, any online gambling company seeking to operate in the country must go through the Swiss Federation Gambling Board that offers all the necessary licensure.

Do Swiss Players get Restricted by some Bookmakers? Why?

Some bookmakers restrict Swiss players. Mostly, this happens with the offshore bookmakers that the Swiss Federal Gambling Board does not license. According to federal laws, any online bookmaker that is not legally licensed cannot operate in Switzerland. Thus, it will not be possible to register with such a bookmaker.

How Much Tax do you Pay on Gambling Winnings in Switzerland?

If you play and win in games from casinos registered in Switzerland, you don’t have to pay any tax up to CHF 1 Million. This is the same case for winnings on a game of skill, sports, or lottery games. However, all winnings from foreign casinos undergo full taxation.

On the same note, Switzerland constitution requires that all bookmakers pay a tax based on their gross revenues. The tax varies from 40% to 80%. If the gross revenue of a bookmaker is up to CHF 10 million, that attracts a 40% tax, and if the income exceeds this amount by a million, there is an addition of 0.5% tax rate, and the maximum rate is 80%.

About The Gambling Market

All the land-based and online casinos in Switzerland are licensed by the Swiss Federal Gambling Board. Before establishment, the body approves any applications and grants the licenses required. So far, the board has registered hundreds of online bookmakers in Switzerland, bringing out a strong sense of competition. The bookies try to edge it out and outdo one another in the number of games, bonuses, promotions, and excellent gaming services.

The Swiss Casino is broad in the sense that it offers you different types of gambling activities. Notably, you will encounter land-based casinos that are among the pioneers of gambling in the country. In addition to these brick-and-mortar casinos, you will also find hundreds of online casinos and sportsbooks that have gained momentum thanks to the internet. These online options present you will all kinds of games you would love to play online in the comfort of your home.

Although the Swiss gambling market has seen a decline as reflected on its income in recent years, it’s at its point of saturation now; this implies that you will find a variety of games within the market. Some of these include casino slots, jackpots, lottery games, bingo, poker, and sports.

The Most Popular Betting Features and Options in Switzerland

Online betting in Switzerland is on the pick. Currently, there are several features that every bookmaker is seeking to offer its players to make their betting experience memorable. These features include the following:

• In-Play Betting
  With this feature, punters can place their bets on matches that have already kicked off. This is one of the most beneficial features to players as they can place bets based on real-time statistics. Examples of the statistics shown when betting on in-play games include shots on target, live score, cards awarded, fouls, and many others.
• Live Streaming
  Live streaming is a great feature that allows you to watch games live as they unfold. Without any doubt, Swiss bookmakers have turned their sites a hub of everything as you can see the game you are betting for when placing your bet. With the feature, you can see how your favourite team performs in the field and make a better decision when selecting your games.
• CashOut Feature
  Sometimes your prediction might fail for many reasons. If you realize that this is going to happen before the match is over, you can save some of your stake down the drain. This is possible through the cash-out feature found on the bet slip of most Swiss bookmakers. If you chose the option, you sell back the bet to the bookie and get your stake with the current odds of the game.

Available Bonuses for Swiss Players

Due to bookmakers’ competitive nature in Switzerland, every bookmaker is offering some bonuses to outdo competitors. In this, you will get several bonuses that increase your playtime. While this gives you more chances of winning, it also saves your hard-earned money because if you lose, you lose the bonus money.

To know the best bonuses in Switzerland, you should do lots of research on what each bookmaker offers. Besides, learn the terms and conditions for each potential bonus to avoid getting yourself into a mess.

The Favourite Sports of the Swiss Bettors

Although Switzerland is a small country, it punches above its weight when it comes to sports. It offers its population a great choice of sports, and bookmakers have taken advantage of this phenomenon to provide a range of markets in gambling. Some of the sports that carry the day include football, supplied by bookmakers in different leagues like Swiss Super League, Swiss Challenge One, UEFA in Nyon, and FIFA in Zurich. Moreover, the punters love basketball, tennis, golf, skiing, ice hockey, and several others.

However, the gamblers in the country are also embracing betting in other sports that are not offered in the Swiss sports circles. This gives them a chance of entertainment and making a fortune through luck and sports analysis.

Are Online Casinos Popular on the Market?

Online bookmakers in Switzerland have made it a mission to offer casino games to Swiss punters. Most of them come with both the sportsbook and the casino, which creates a great love for casino games in the country. While each casino offers its unique set of games, there is uniformity in games provided by the Swiss casinos. The primary casino games in Switzerland include slots, table games, poker games, bingo, lottery, and jackpot games. Under each of these, there are many titles from leading software developers in casino gaming.

In addition to the online casinos, Switzerland has 19 land-based casinos that offer a variety of games. These casinos flock with people every time, a clear indication that the Swiss punters love casino gaming.

Currency and Preferred Payment Methods in Switzerland

The currency of Switzerland is the Swiss Franc, denoted by CHF. This is the currency that all bookmakers use. Due to this uniformity, depositing and withdrawing winnings from your account becomes a walk in the park. Further, it makes it easy for the online bookmakers in Switzerland to adopt different payment systems.

Players in Switzerland can make their transactions through credit and debit cards like MasterCard, Visa, and Maestro. Besides, there is a wide usage of e-wallets like Neteller, Skrill, PayPal, Jeton, and EcoPayz. The third alternative is the bank transfer.

Bookies with Mobile Apps for Swiss Customers

As of 2021, the smartphone user statistics indicate that Switzerland has a penetration of 90.73 percent mobile penetration. With such a high rate, it implies that everything is going the mobile phone way in the country. Gambling is no exception, as many online bookmakers have gone mobile with native apps for both Android and iOS users. This makes it easy for Swiss players to access the games on their phones, the gaming outcomes, and real-time notifications.

If we started looking at examples of bookies with apps, we will probably not exhaust the list. However, for evaluating the best Swiss bookmakers, we can mention examples that include 22Bet, 1XBet, Bet365, Interwetten, and Bet-at-home, among others. It’s worth noting that many bookmakers don’t have the app but offer mobile betting websites.

Final Comments

Switzerland’s gambling journey has not been easy as the government has kept it under strict regulation. However, we can say that the narrative of excessive regulation is changing, and freedom is setting in. Currently, there are many online gambling sites in the country, which is a great reflection of the industry. The country’s punters continue to enjoy the best Swiss betting sites amidst strict checks that the Swiss Federal Gambling Board does to ensure adherence to gambling laws.

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