At the moment, no taxes are applied to the winnings you generate in your Betano account.
What does this mean for you?
It means that the money you win on the platform is credited in full to your account, with no deductions or withholdings by Betano.
This applies to both sports betting prizes and casino winnings.
In summary:
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No taxes are deducted from your winnings.
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You can withdraw your full balance once you've completed the verification requirements.
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Everything you win is 100% yours, with no tax intervention on our part.
Can this change in the future?
Yes. If current legislation changes and taxes are introduced on gambling winnings, Betano will adapt its processes to comply with the new regulations.
In that case, we’ll notify you in advance about any changes that might affect you, so you know exactly how they would be applied.
Want to check this information from your account?
Just log in and go to:
Account > Transactions > Withdrawal