Sports betting in Kenya has grown significantly over the last decade to become a form of entertainment for the Kenyan population.
With the increase in popularity, Kenya has become a betting market with numerous options for where to place bets for players.
For many players in Kenya, taxes can be a real game-changer, and not in a good way. You win big vs. the house but then only to find out that the taxman wants to take a slice of your earnings. The government in Kenya has implemented a withholding tax of 20% on gambling winnings, and this is often a fact that catches many off guard. They do this to make sure that they get their share upfront. For Kenyan players their is a solution however, tax-free betting sites. A tax-free betting site is exactly what it sounds like : a betting platform that does not take a chunk of your earnings if you win.
Our team of experts have compiled a list of the betting companies that you can use in Kenya to place bets without paying taxes. You will find a complete review and breakdown of these sites including their features, benefits, bonuses and ratings. These sites can be used anywhere in Kenya from Nairobi to Mombasa.
With the soaring numbers of players betting in Kenya, many have started to look for betting platforms that help them avoid heavy taxation on their earnings from the bookies. This is a unique benefit for players and not one that can be found on just any betting site. Here is a list of the biggest advantages a player can derive from betting on sites tax-free :
There are a number of different facts that anyone looking to place bets on Kenyan betting sites should be aware of. Taxes are something that not a lot of players think of until it is too late but we have information that will make you more aware as a player.
Our team has a rigorous set of criteria that we go ahead and use to rate and recommend platforms to all our users. The checklist is extensive and looks at a number of parameters to help us determine which sites are the best overall and will provide the best experience. Here are some of the ranking factors that we use when reviewing a tax-free betting site :
There are countless advantages to betting tax-free but we do also have to bring awareness to some of the potential disadvantages that could result from tax-free wagering on sites. Taxes are imposed by governments for purposes of using the money they earn through taxes to give back to the public. This money goes to things such as health care and infastructure. Another point to consider is that without taxes, irresponsible gambling behavior may be more likely to happen, more retained earnings may further tempt players to wager even when not the best option.
Mobile traffic makes up around 57.8% of all internet traffic globally. The flexibility that is allowed by choosing a betting site that is mobile-friendly and/or has a mobile application you can use is beneficial. By choosing one of these platforms you will be able to place on the go without being tied down to computer. Tax-free mobile betting sites allow you to not only reap the benefits of betting without having to worry about taxes but it also allows you freedom in where and when you place those bets.
Now that you have chosen a tax-free site to bet on, you must still make the most of all the tools available to you to give you the greatest chance of earning more on these sites. The more knowledge you have to better the bets you will place on these platforms. Here are some tips you can follow to make sure you are placing good bets:
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