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Online Casinos in general: Professional player/professional player

Topic created on 13th Mar. 2018 | Page: 1 of 3 | Answers: 20 | Views: 9,741
StefanSchroeder
Hello,

i live in Bavaria and would like to become a professional gambler and play in online casinos. Because of me with an EU license.
Is this legal or not? On the Internet you read sometimes legal, sometimes illegal.
I would also pay income tax, no issue.

Thanks in advance, Stefan

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Daniel
Elite
Professional player? How are you going to do that? The games in Online Casinos (poker excluded) are pure games of chance. You can't earn a permanent and regular income with something like that. Wins from Games of chance are tax-free.

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StefanSchroeder
Please do not discuss whether you are lucky enough or have a good strategy.
I want to finally find out if it is allowed to play and make money in Online Casinos as a professional player.
Because I have already read in the www that gambling is illegal.

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StefanSchroeder
I would like/would like to then include that in income tax.

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Dutch78
Expert
StefanSchroeder wrote on 13/03/2018 at 20:53
I am interested in finally finding out if it is even allowed to play in Online Casinos as a professional player and make money.

No, you are not allowed to do that, because as a professional gambler you need a sound education and a journeyman's certificate, at best you do the master immediately afterwards.
If this is given, there is nothing against it, you would just have to go to the city with the master's certificate to register a business there to be able to make yourself independent.

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Anonym
Dutch78 wrote on 03/13/2018 at 9:04 PM

No, you may not, because as a professional player you need a sound education and a journeyman's certificate, at best, you then immediately make the master.
If this is given, there is nothing against it, you would just have to go to the city with the master's certificate to register a business there to be able to make yourself independent.

That is not true. Of course affiliates are allowed to earn money if they pay taxes. Online gambling is not prohibited in Germany. There is a gray area. There is no documented case in Germany where someone's earnings/wins have been confiscated due to illegality. Furthermore, you do not need a master's certificate to register a business. Every normal person can register a trade. You need a Meisterbrief if you want to start a company yes but not for the normal trade

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Anonym
StefanSchroeder wrote on 03/13/2018 at 20:53: Please do not discuss if you are lucky enough or have a good strategy.

Daniel told you but I like to repeat it more detailed. The name ( gambling ) does not come from somewhere. It is and remains luck. There is not a single "professional player" in online slots in the whole world. You would be the first. This is not a disscusion but facts

But if you mean to become an Affiliate, you are of course allowed to do so in Germany. As already mentioned several times in this forum, there is no documented case in Germany where the revenues or wins have been denied due to illegality.

It is currently a gray area and therefore not illegal, otherwise as good as everyone here would be criminals on the road

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StefanSchroeder
I have also read about the gray area. I don't want to become an affiliate.
On other websites people write (and refer to the gambling treaty) that gambling in Online Casinos is punishable and you can go to jail for up to 6 months.

I want to act legally, so do I have to declare my annual profit in the income tax return?

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gagapapamama
Expert
StefanSchroeder wrote on 13/03/2018 at 20:44: Hello,

i live in Bavaria and would like to become a professional gambler and play in online casinos. Because of me with an EU license.
Is this legal or not? On the Internet you read sometimes legal, sometimes illegal.
I would also pay income tax, no issue.

Thanks in advance, Stefan

So seen all here in the forum are so-called professional players but believe me no one can live on it You would have to have a well-heeled side job to earn income to then exercise the professional player.

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StefanSchroeder
With income tax, you have to declare your expenses (insurance, etc.). And also the income.
So I think I have to declare the annual casino win. Otherwise I would make myself suspicious.
Also I would like to reinvest this win then in shares.

What I don't want: to go to jail.

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