Best sports betting sites in Denmark for May 2024

Denmark is a country with a rich sporting culture and a thriving online betting market. Whether you are a fan of football, handball, tennis, or any other sport, you can find plenty of options to bet on your favourite teams and players at the best Danish betting sites. In this article, we will give you an overview of the most popular sports and leagues for betting in Denmark, the types of bonuses and promotions you can expect, the most common odds formats, the payment methods you can use, the legal and tax issues you should be aware of, and how to choose the most suitable bookmaker for your needs. We will also answer some frequently asked questions that bettors from Denmark may have.

Popular Sports and Leagues for Betting in Denmark

Denmark has a strong tradition of producing world-class athletes in various sports, especially in team sports such as football and handball. The Danish national football team is one of the most successful in Europe, having won the European Championship in 1992 and reached the semi-finals in 2023. The Danish Superliga is the top domestic league, featuring 12 clubs that compete for the title and the European spots. Some of the most famous clubs include FC Copenhagen, Brondby IF, FC Midtjylland, and AaB.

Handball is another sport that enjoys huge popularity in Denmark, both at the national and club level. The Danish men's national handball team is the reigning world champion, having won the title four times in total. The Danish women's national handball team has also achieved great results, winning three Olympic gold medals and one world championship. The Danish Handball League is the highest professional league for both men and women, featuring 14 teams each. Some of the most successful clubs include GOG, Aalborg Handbold, Team Esbjerg, and Odense Handbold.

Other sports that attract a lot of interest from Danish bettors include tennis, ice hockey, basketball, cycling, golf, badminton, and e-sports. You can find a wide range of markets and events to bet on at the best Danish betting sites, covering both local and international competitions.

Popular Types of Welcome Bonuses and Other Bonuses in Denmark

One of the main advantages of betting online in Denmark is that you can benefit from various bonuses and promotions offered by the bookmakers. These are incentives designed to attract new customers and reward loyal ones, giving you extra value for your money. The most common types of bonuses you can find at Danish betting sites are:

• Welcome bonuses: These are bonuses that you can claim when you sign up and make your first deposit at a betting site. They usually match a percentage of your deposit amount up to a certain limit, giving you extra funds to bet with.
• Free bets: These are bets that you can place without risking your own money, as the bookmaker covers the stake for you. If you win, you keep the profit (minus the stake), but if you lose, you don't lose anything.
• Cashback bonuses: These are bonuses that refund a percentage of your losses over a certain period or on a certain event, giving you a second chance to win. 
• Enhanced odds: These are odds that are boosted by the bookmaker for a limited time or on a specific market, giving you higher payouts if you win.

These are just some examples of the types of bonuses you can find at Danish betting sites. However, you should always read the terms and conditions carefully before claiming any bonus, as they may have wagering requirements, minimum odds, time limits, or other restrictions that affect how you can use them.

The Most Common Odds Formats

Odds are the numerical expressions that indicate how likely an event is to happen and how much money you can win if you bet on it. There are three main formats of odds that you may encounter at Danish betting sites: decimal, fractional, and American.

Decimal odds: These are the most popular and simplest format of odds in Denmark and most of Europe. They show how much money you will win for every unit you stake (including your stake). For example, if you bet 100 DKK on an event with decimal odds of 2.50,

you will win 250 DKK (100 x 2.50) if you are correct.

Fractional odds: These are the traditional format of odds in the UK and Ireland, but they are also used by some Danish betting sites. They show the ratio of the profit you will make to the stake you have to place (excluding your stake). For example, if you bet 100 DKK on an event with fractional odds of 3/2, you will win 150 DKK (100 x 3/2) plus your stake back if you are correct.

American odds: These are the format of odds that are mainly used in the US and Canada, but they are also available at some Danish betting sites. They show how much money you have to stake to win 100 units or how much money you will win for every 100 units you stake, depending on whether they are positive or negative. For example, if you bet 100 DKK on an event with American odds of +150, you will win 150 DKK plus your stake back if you are correct. If you bet 100 DKK on an event with American odds of -200, you will have to stake 200 DKK to win 100 DKK plus your stake back if you are correct.

You can choose the format of odds that suits you best at most Danish betting sites, as they usually allow you to switch between them with a simple click. However, it is important to understand how each format works and how to compare them, as they may affect your betting decisions and outcomes.

Deposit and Withdrawal Methods Available in Denmark

Another factor that you should consider when choosing a Danish betting site is the availability and convenience of the payment methods that you can use to deposit and withdraw money from your account. You want to make sure that the bookmaker offers a variety of options that are fast, secure, and easy to use. Some of the most common payment methods that you can find at Danish betting sites are:

Credit and debit cards:
These are the most widely accepted and popular payment methods in Denmark and around the world. You can use cards such as Visa, Mastercard, or Maestro to fund your account instantly and withdraw your winnings within a few days. However, some banks may charge fees or block transactions related to online gambling, so you should check with your card issuer before using this method.

E-wallets:
These are online services that allow you to store and transfer money electronically without revealing your personal or financial details. You can use e-wallets such as PayPal, Skrill, Neteller, or ecoPayz to deposit and withdraw money from your account quickly and securely. However, some e-wallets may charge fees for their services or exclude you from claiming certain bonuses, so you should read the terms and conditions carefully before using this method.

Bank transfers:
These are transactions that involve transferring money directly from your bank account to your betting account or vice versa. You can use bank transfers to deposit and withdraw large amounts of money from your account safely and reliably. However, bank transfers may take longer than other methods to process and may incur fees from both your bank and the bookmaker, so you should check the details before using this method.

Prepaid cards and vouchers:
These are physical or virtual cards or vouchers that you can buy at retail outlets or online and use to pay for goods and services online. You can use prepaid cards and vouchers such as Paysafecard, Neosurf, or Flexepin to deposit money into your account anonymously and instantly. However, prepaid cards and vouchers cannot be used for withdrawals and may have limits on the amount you can deposit, so you should consider these factors before using this method.

These are just some examples of the payment methods that you can find at Danish betting sites. However, not all bookmakers offer the same options or terms, so you should always compare them and choose the one that suits your preferences and needs.

Legal and Tax Issues Related to Betting in Denmark

Denmark has a well-established and comprehensive legal framework for gambling, which covers both online and offline betting activities. The main authority responsible for regulating and overseeing the gambling industry is the Danish Gambling Authority (DGA), which operates under the Ministry of Taxation. The DGA issues licenses to operators who wish to offer gambling services in Denmark, as well as monitors their compliance with the relevant laws and regulations.

The DGA distinguishes between four types of gambling licenses:

• Online casino license: This allows operators to offer online casino games, such as slots, roulette, blackjack, baccarat, etc.
• Betting license: This allows operators to offer online sports betting, horse racing betting, fantasy sports, etc.
• Land-based casino license: This allows operators to run physical casinos in Denmark, which are currently limited to seven locations across the country.
• Gaming machine license: This allows operators to install and operate gaming machines, such as slot machines, video lottery terminals, etc., in venues such as arcades, bars, restaurants, etc.

The DGA also issues temporary licenses for charity gambling events, such as bingo, raffles, lotteries, etc.

To obtain a gambling license in Denmark, operators must meet certain criteria and requirements, such as:

• Having a registered office or a representative in Denmark
• Having sufficient financial resources and solvency
• Having a secure and reliable technical platform and software
• Having adequate anti-money laundering and responsible gambling policies and procedures
• Paying a license fee and a security deposit
• Providing regular reports and audits to the DGA

The DGA maintains a list of licensed operators on its website, which can be accessed by anyone who wants to check the legitimacy and reputation of a bookmaker. The DGA also has the power to impose sanctions and penalties on operators who violate the rules or engage in illegal or fraudulent activities.

As for taxation, betting winnings in Denmark are generally subject to income tax, which varies depending on the type of gambling and the amount of winnings. The general rule is that winnings from licensed operators are taxed at 20%, while winnings from unlicensed operators are taxed at 53%. However, there are some exceptions and exemptions for certain types of gambling and certain amounts of winnings. For example:

• Winnings from lotteries are tax-free up to 200 DKK per year
• Winnings from land-based casinos are tax-free up to 10,000 DKK per year
• Winnings from online casinos are tax-free up to 10,000 DKK per year
• Winnings from online sports betting are tax-free up to 1,000 DKK per year
• Winnings from horse racing betting are tax-free up to 1,000 DKK per year

Bettors are responsible for declaring their winnings and paying their taxes to the Danish Tax Agency (SKAT), which can be done online or by filling out a form. Failure to do so may result in fines or penalties.

How to Choose the Most Suitable Bookmaker

With so many bookmakers available in Denmark, both licensed and unlicensed, it can be hard to choose the best one for your betting needs. However, there are some factors that you should consider before signing up with any bookmaker, such as:

1. License and reputation: As mentioned above, you should always check if a bookmaker is licensed by the DGA or another reputable authority. This will ensure that you are betting with a legal and trustworthy operator who follows high standards of security, fairness and customer service. You should also check the reviews and ratings of other bettors who have used the bookmaker before.
2. Odds and markets: You should compare the odds and markets offered by different bookmakers for the sports and events that you are interested in. You should look for competitive and consistent odds that give you the best value for your bets. You should also look for a variety of markets that cover different aspects and outcomes of the events, such as pre-match, live, futures, props, etc.
3. Bonuses and promotions: You should take advantage of the bonuses and promotions that bookmakers offer to new and existing customers. These can include welcome bonuses, free bets, cashback, loyalty programs, etc. However, you should always read the terms and conditions carefully and understand the wagering requirements and restrictions that apply to these offers.
4. Payment methods and fees: You should choose a bookmaker that supports your preferred payment method and currency. You should also check the fees and limits that apply to deposits and withdrawals, as well as the processing times and security measures. You should avoid bookmakers that charge excessive or hidden fees or have unreasonable or unclear policies.
5. Mobile compatibility and functionality: You should choose a bookmaker that has a mobile-friendly website or a dedicated app that works well on your device. You should be able to access all the features and functions of the bookmaker on your mobile device, such as placing bets, checking results, contacting customer support, etc.
6. Customer support and service: You should choose a bookmaker that has a responsive and helpful customer support team that can assist you with any issues or queries that you may have. You should be able to contact them via various channels, such as phone, email, live chat, etc. You should also check the availability and language options of the customer support team.

FAQ

Is online betting legal in Denmark?

Yes, online betting is legal in Denmark as long as you bet with a licensed operator. The DGA regulates and licenses online betting operators who wish to offer their services in Denmark. You can check the list of licensed operators on the DGA website.

How can I bet online in Denmark?

To bet online in Denmark, you need to register with a licensed bookmaker and verify your identity and age. You also need to have a valid payment method and a bank account in Denmark. You can then deposit funds into your betting account and start placing bets on your favorite sports and events.

What are the best sports to bet on in Denmark?

The best sports to bet on in Denmark depend on your personal preferences and interests. However, some of the most popular sports among Danish bettors are football, handball, ice hockey, tennis, basketball, cycling, etc. You can find a wide range of odds and markets for these sports at most bookmakers.

What are the best bookmakers in Denmark?

The best bookmakers in Denmark are those that meet the criteria mentioned above, such as license, reputation, odds, markets, bonuses, payments, mobile compatibility, customer support, etc. 

How can I claim a bonus from a bookmaker in Denmark?

To claim a bonus from a bookmaker in Denmark, you need to follow the instructions and conditions that apply to each offer. For example, you may need to register with a promo code, make a minimum deposit or place a qualifying bet. You should always read the terms and conditions carefully before claiming any bonus.