Sports Betting: Are Winnings Tax-Free?

In 2019, Germans bet a total of 9.3 billion euros on sporting events. According to Statista, the stakes have more than doubled in five years. The main beneficiaries of this trend are commercial sports betting providers such as Bwin, Bet365, Tipico, Interwetten and Admiralbet. The state-owned sports betting provider Oddset has a significantly smaller market… Continue reading Sports Betting: Are Winnings Tax-Free?

The foolproof football bet

With one hundred percent certainty, only the betting provider wins in a sports bet. A mathematician from Berlin knows an option that promises sure profits as long as few people know about it. Actually, I shouldn’t write about it. I should keep it to myself, because I was at the Technical University of Berlin and… Continue reading The foolproof football bet