Most Popular eSports Bookies in Switzerland

The Swiss Esports Federation is assisting in the advancement of more top-tier gamers in the country. As a non-profit organization, they aim to promote gamers' passion in a non-discriminatory as well as an equitable environment for gamers. Online esports betting is still a relatively new form of entertainment in Switzerland and is being enjoyed by millions of people. In many ways, it is similar to traditional sports. Fans cheer on their favorite teams while watching their matches and bet on whom they believe will win.

Esports betting is gaining popularity throughout the overall betting audience. Giant sports gambling companies have expanded their esports coverage as well as odds to include their Swiss customers. Among the most popular gambling platforms on the web, the best esports betting sites Czechia platforms have a simple look and simple navigation.

Most Popular eSports Bookies in Switzerland

Many providers offer user-friendly systems that are simple for punters to understand and use. These factors are assisting them in gaining popularity and attracting new customers as well as retaining existing customers in the esports betting market in Switzerland. They also accept dynamic and unique modes of payment.

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History of Esports Betting in Switzerland

History of Esports Betting in Switzerland

The earliest evidence of gambling in Switzerland dates from the time of the Roman Empire. Games of chance were outlawed in Rome in general, but festivals and celebrations were exempt. Throughout the middle ages, people had the same attitude. The government attempted to outlaw many types of gambling, but non-profit lotteries and other exclusions were allowed. In the 1920s, the Swiss enacted the first gambling laws.

Many types of sports betting are popular in Switzerland, and there has been a significant increase in the number of Swiss citizens betting on e-sports competitions in recent years. Although you can bet before the esports tournament starts, live betting has also become extremely popular during games. Switzerland currently has hundreds of sports betting sites, and most of them offer at least an esports market.

However, some are really small businesses that are unregulated or regulated by legal systems that provide little oversight. These are extremely vulnerable to the financial ups and downs that come with operating a betting site. It is therefore wise to play with organizations that are massive enough and have enough finances to cope with such shifts, ensuring that winnings from the bets you've placed will always be paid out.

Esports nowadays in Switzerland

The Federal Act on Money Games says esports betting is acceptable. Online sports betting is legal in Switzerland as long as it is done through one of the country's two lottery organizations. Switzerland's online gambling laws provide citizens with a wide range of gaming options. As long as it isn't simulated, esports isn't a game of chance and isn't subject to Swiss gambling rules.

History of Esports Betting in Switzerland
The future of esports betting in Switzerland

The future of esports betting in Switzerland

The esports betting landscape in Switzerland is rapidly changing. The comparatively recent announcement of the new regulatory body, GESPA, has been one of the most significant developments. Nevertheless, it still hasn't been altered; the licensing system is still in place, and the state monopoly still exists.

In Switzerland, there is still a lot of room for improvement in terms of esports betting. Operators have been weighing their options in the face of a stringent set of regulations and a small market. The next several years will reveal whether or not the state wants foreign betting sites to have licenses.

Trust is extremely important in your relationship with your preferred betting sites. You need to know that your information is safe, that your money is separate from your bookie account, and that the company will stay in business for a long time, so your money won't be lost if the company goes bankrupt or goes through administration.

Is Switzerland moving towards or against legalization?

On various issues, such as gambling regulation in Switzerland, the national government fully respects the views of its citizens. It held a referendum on June 10, 2018, in which citizens ultimately voted in favor. As a result, a new, relatively stringent gambling law was enacted.

While we understand players' interest in finding a provider that focuses solely on their esports passion, esports-only gambling sites have several drawbacks that they should be aware of. Traditional sites also have better esports event coverage, more betting options, better odds, and better betting platforms from well-known companies.

Esports-only companies serving Switzerland simply lack the scale to provide superior service because they are solely focused on esports. Esports betting is still a small portion of the overall bookie market. What makes sense is to look for traditional online betting companies that have expanded their esports coverage and odds that serve Swiss customers.

The future of esports betting in Switzerland
Betting acts in Switzerland

Betting acts in Switzerland

Before 2018, casinos in Switzerland were not permitted to run online gambling sites. Only out-of-area casinos based in other countries were available to players. Millions of Swiss francs were spent on these foreign gambling sites by gamblers, but the casinos did not pay taxes on the money. Switzerland's political leaders determined that the tax revenue would be used to combat gambling addiction. Gambling addiction affects many people in Switzerland and costs half a billion Swiss francs each year.

Thus, Swiss politicians have enacted the Federal Act on Money Games. In Switzerland, the Federal Act on Money Games, or AMG, legalized and regulated online gambling. Also, it made it unlawful for international casino operators to provide services to residents of the country. These two provisions appear to be at odds.

One expands gambling options, while the other restricts them. But, in reality, either of these provisions achieves the same goal. By restricting online betting legislation to Swiss casinos, the state can guarantee that those businesses will abide by Swiss gambling laws. The AMG empowers Swiss authorities to levy gambling sites and to block sites that do not pay those taxes.

Betting acts in Switzerland
Switzerland players' favorite games

Switzerland players' favorite games

Some esports bets are game-specific, such as CS:GO, League of Legends, and Dota2. Someone might bet on who makes the "first kill" in a particular match, for example. Other wagers include: who will win the match, the tournament winners, and even the final results. Most bookmakers have players covered in every major competition. There is a wide range of markets available for the major sports in Switzerland.

Despite being a relatively small European state in terms of area and population, Switzerland consistently outperforms its peers in esports competitions. Whereas overall odds margins are important to consider when assessing a betting site's economic viability on a macro level, each betting site will adjust its odds for a given event on a micro level, irrespective of margin, to sustain its book of payment liabilities.

As a result, any major betting site could have the best odds and highest potential payout for punters’ specific bets. Bettors should always check the odds for bets that have a good chance of paying off because payouts can vary a lot between betting sites.

Switzerland players' favorite games
Payment methods in Switzerland

Payment methods in Switzerland

You can bank straightforwardly in Swiss francs using a credit or debit card, e-wallets like Skrill, Neteller, or EcoPayz, or prepaid alternatives like Paysafecard if you're in Switzerland. To find out where you can buy the cards in Switzerland, go to Paysafecard. You simply input the PIN code of one or more cards at the Esport betting site to instantly receive funds into your account.

Paysafecards come in pre-determined denominations, and you can deposit up to ten cards at once. It's worth noting that these Swiss betting sites don't accept PayPal.

This is highly dependent on your preferred payment method. Payments made through an e-wallet or an internet banking transfer payment provider can take as little as a few hours but are usually made within 24 hours. If you can withdraw money using a credit or debit card, you will usually get your money in one to three days. If you need to use a wire transfer, it will take longer to process, usually between three and fourteen days, depending on your betting site.

Payment methods in Switzerland
FAQs

FAQs

How do I play esports betting in Switzerland?

The simplest way to enjoy the best esports betting in Switzerland is to go to the websites or mobile apps of the country's most popular esport betting sites. They offer a diverse range of markets and competitions. Some even offer welcome bonuses to new customers.

What are the most popular game providers in Switzerland?

Most of the internationally known punters allow Swiss players. However, some are restrictive when it comes to targeting Swiss players specifically.
Users should also be wary of new esports leagues that do not have a good track record for making esports betting safe and easy.

Is esports betting legal in Switzerland?

Yes. In Switzerland, esports betting is legal. However, betting is not allowed for individuals below the age of 18 years.

Who regulates online gambling in Switzerland?

The Swiss Federal Gaming Board is the primary gambling regulator in the country.

What are the most popular esports games for betting in Switzerland?

Right now Switzerland does not have a lot of top professional gamers who play a lot of games like Dota 2 and Counter-Strike: Global Offensive. However, bettors are still very fond of these games on online sports betting sites.

Can players in Switzerland use cryptocurrency for esports betting?

Yes. Traditional payment methods aren't the only way to pay. Some platforms have also expanded to cryptocurrencies to make their platforms safer.

How Long Will it Take to Receive My Winnings?

The speed of the payout is determined by the withdrawal method you prefer. In most cases, payouts are handled almost instantly after a withdrawal request is submitted. E-wallets take a few hours while wire transfers may take up to three working days.

FAQs