Worldwide Casino Games with the Best Chances of Profit

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In case of online gambling, the tax authorities expect that you will see how much you deposited each month and how much you won. If you have won more than paid, you must file a declaration about that amount.

For example, if you deposit € 400 in an online casino in June and your winnings are € 600 at the end of the month, you will have to pay € 200 of gaming tax. You have to do this in the following month. If you play at multiple internet casinos then the calculation is the same. The betting tax is calculated on all winnings minus all deposits. The exemption of the first € 449 profit does not apply to profits with games from online casinos and similar companies. This exemption only applies to domestic games of chance.

All your winnings can be declared to the Tax Authorities with this online gambling tax form. Online games of chance fall into the “foreign” category because all games of chance sites are located abroad. You then have to pay 29% of the total high roller online casinogambling profit in a given month. Below we have some background information regarding gambling tax in the online casino, the online poker hall. And should our explanation fail, see here the explanation of the tax authorities themselves.

Online casino

Who regularly gambles in an online casino knows that he occasionally wins, but usually loses.

In an online casino games is real gambling: One cannot fundamentally influence the outcome. That this is a different story with poker, we explain below. It is annoying that if you win something you also have to pay a gambling tax. Unfortunately, this is the legal consequence of citizenship.

As long as an amount is still in the account of abuzz casino, you do not have to pay any gambling tax that same month. You can therefore choose to wait until you win a prize that is worth paying out. You will only pay tax on this larger amount.

Online poker

Poker is not a game of chance. It is possible to be good in this game and thus positively influence the outcome of a game of poker. An extensive knowledge of statistics, psychology and healthy discipline structurally leads to profits for many poker players. Both practice and theory clearly show this. Yet the state of poker finds a game of chance. Because of this point of view, you also have to pay gambling tax after a profitable month with online poker.

The same strategy as with online casinos can be applied. Let won amounts in your online poker account. Only when you have won a significant amount will you pay out. You then pay gambling tax on this amount. So statistically you have a financial advantage and you trade nicely to the law. From online casino newsyou will have more information now for the same.