Tipico Review
BettingFellow Rating: 9.00/10
Though you rarely see this online bookmaker mentioned in internet sports betting circles, we’re dealing with one of the biggest providers in the world. Tipico is the biggest chain of betting shops in Germany and Austria, which makes it the sixth-largest betting operator in the world. So why isn’t it counted among the top sports betting sites as well? Large scale betting shop franchises often boast a huge online presence as well. That’s what we’re here to find out in this Tipico bookmaker review.
To be fair, Tipico is yet to secure a UKGC remote gambling licence, barring them from the enormous UK market. This means that, for a good chunk of our readers who look for the best bookmakers in the UK, Tipico will remain just the brand they see on Bayern kits. This somewhat limits their reach in the English-speaking part of the online sports betting community – which is the majority. This may change in the future, however, considering they’ve doubled down on their English-language marketing campaigns.
Tipico – Sports Betting You Can Trust
Though central Europe remains their most active market, Tipico is based in Malta like so many other gambling companies. It was founded back in 2004, and the Malta-issued license implies that the business was planned as online-first from the start. Things have changed quite a lot since then, however. Tipico grew into a massive franchise with shops at more than 1,250 locations across Germany and Austria. This means that their operations account for over 50% of the market share in Germany.
Back in 2016, Tipico was acquired by CVC Capital Partners. Those with some industry knowledge may find that name familiar. It’s a private investment company with a growing hold on several big-name betting brands. CVC recently acquired several other top betting sites, namely the SkyBet brand and its subsidiaries. This change in leadership might account for Tipico’s more aggressive approach to international expansion. From a player’s perspective, the jury is still out if the change will be for the better. New online bookmakers trying to break into wider markets can present lucrative opportunities for new customers, though.
Another way to explain Tipico’s new approach is the recent changes in German gambling legislation which finally gave security and validity to large-scale betting operations. For now, though, let’s get back to the review.
If there’s one thing that makes Tipico stand out from the crowd it's their commitment to player safety. This can be seen on multiple levels, rivalling even the best bookmakers online. First of all, their safe gambling policies go above and beyond what they need to. With an early prevention system in place for big spenders and active co-operation with several organisations dedicated to preventing gambling addictions, Tipico’s stance on the matter is commendable. Furthermore, the newest German gambling regulations from 2020 require them to have monthly spending limits for all users. This might bother some high-rollers but only applies to residents of Germany.
We’ll go into more detail in the next section, but you can rest assured that this is one of the safest online bookmakers on the market.
Licensing & Safety
The first remote gambling licence Tipico ever acquired was issued by the Malta Gaming Authority. This means that it’s the main licence under which they operate. They have several other local authorisations, but if none of them applies to you, it means you’re relying on the Maltese one. The Malta Gaming Authority is a fairly well-known regulative body when it comes to online sports betting. Some of the top online bookmakers around operate under their jurisdiction, which does a lot to improve Tipico’s reputation even further. That said, the MGA is not exactly known for its incredibly high standards. It’s not on the level of, say, the United Kingdom Gambling Commission. However, Tipico can boast several other licences.
Arguably, the most important one was issued in 2020 by the Regional Council of Darmstadt. This came around as a result of a years-long struggle to properly regulate online gambling in Germany. Tipico was one of the first 15 operators ever to receive such a licence, displaying fair business practices and a commitment to customer safety.
Speaking of which, we’ll again point out Tipico’s dedication to problem gambling awareness. They not only work with organizations like Gambling Therapy and FIFA’s Early Warning System but also support scientific research into the root causes of problem gambling. Tipico works closely with the Department of Addiction Research at the University of Lucerne. That’s not something you see every day among online bookies.
The early prevention system is especially interesting. Essentially, Tipico uses scientific models to track and identify risky gambling behaviour in its users. This can be used to intervene if things get out of hand. It’s a ground-breaking approach to proactive player protection. Throw in some cutting edge network security and data encryption, and you have a leader among safe betting sites.
While we’re on the topic, Tipico is certified by multiple authorities on cybersecurity, particularly for their SSL encryption protocols. Even their slogan used to be “Your Bet in Safe Hands” for years – and we have a feeling it was as honest as slogans come.
Deposit and Withdrawals
In line with its customer-first policies, this bookie is very transparent about its banking options. Tipico payment methods are varied enough for even the pickiest of punters. They cover a wide range of options ranging from bank cards to online payment systems. It all comes with zero fees and fairly reasonable limits as well.
Let’s start with cards because they’re still the most popular method for payments worldwide. Tipico accepts both Visa and Mastercard payments with a minimum deposit of €10. There is also a maximum deposit to keep in mind, but we doubt €21,000 per calendar week will be a problem for anyone. Withdrawals are also subject to a minimum amount of €10, while only Mastercard has an upper limit of €5,000 per transaction. All card withdrawals take 3-5 working days to process, which is slightly above industry standards but still decent enough.
Next, let’s look at the three e-wallets most popular internationally – Paypal, Skrill, and Neteller. All have the usual Tipico minimum withdrawal and deposit of €10. Both deposits and withdrawals are limited to €5,000 for PayPal and Neteller and €10.000 for Skrill. Withdrawals are instant, which is always nice to hear.
The following few methods can only be used for Tipico deposits: Sofort, Giropay, ApplePay, FlexiPay, and MuchBetter. Payments are instant and the minimum is €10 across the board. GiroPay and MuchBetter are limited to €10,000 per transaction. Sofort and Flexipay can go up to €10,000, while ApplePay has a €21,000 maximum. Lastly, Sofort is only available to users in Germany and Austria, while Giropay only accepts payments from Germany.
The Paysafecard is another option for both deposits and withdrawals, though limited to €1.000 and €2,500 respectively. Bank transfers can only be used for withdrawals, though this takes up to 7 business days. That said, bank transfers are limited to between €25 and €100,000.
Lastly, Germans can also use a Tipico banking method called Tipico Direct. Essentially, this method allows you to deposit or withdraw directly to and from your Tipico account. You can do so at one of the thousands of businesses across Germany, such as supermarkets. This type of transaction is limited to between €25 - €1,000.
Customer Support
We’ve come back to the topic of customer care in this online sportsbook review time and time again. One of the biggest ways in which a betting company expresses this through speedy and efficient customer service. We’re glad to say Tipico does not disappoint in this department either.
The first thing we need to mention is the robust and comprehensive help section. The official Tipico FAQ is a sprawling wealth of information, with the majority of common user questions already answered. If this Tipico sportsbook review doesn’t cover some bit of info you want, the Help Centre is sure to hold the answer.
Sometimes, though, you simply need to talk to a representative about an outstanding issue or query. You can contact Tipico customer service in any of the following ways:
24/7 Live Chat:the 24/7 chatroom is probably the quickest and easiest way to get in touch. It’s staffed by German- and English-speaking customer care representatives who are very quick to resolve any problems you have. That said, they may take some time to reply. This is not at all unusual, but we’d be happier if Tipico managed to cut down on the waiting times.
Email Support:Otherwise, you can send an e-mail to [email protected]. All such messages are typically addressed within 1 hour, which is quite fast for e-mail communication.
Contact Form:Lastly, you can fill out a contact form in the Help Centre. This works much like an e-mail, though the form asks you a few preliminary questions. These help the staff members resolve your issue quicker, which is always nice.
Market & Odds
We’re quite happy with what we’ve seen from Tipico so far, but we’re not done yet. All the customer care and safety in the world won’t help you if players don’t want to use your betting site in the first place. So what’s the Tipico online sportsbook like?
The site’s layout is about what you’d expect from a bookie of this calibre. There are 22 sports on offer, which isn’t exactly jaw-dropping but covers the most important bases. These are presented in a rather stripped-down and efficient interface. We’re fans of websites designed in such a way – the focus is on the sports and bets, not flashing ads for bonuses you probably don’t care about.
Interestingly, Tipico used to be quite big for esports betting. This option has now been removed from the offer, so you’ll need to look elsewhere. Other than that, the sports include all the usual breadwinners like football betting and tennis online wagers. Seeing who Tipico’s primary target audience is, it should be a surprise that this is likely one of the best sites for Bundesliga betting. That said, Premier League betting isn’t far behind.
By that, we’re referring to both the variety of markets and the quality of odds. In line with most top betting sites, the bigger the competition – the better the offers. For instance, some of the biggest soccer betting opportunities can boast upwards of 300 markets per match. On the flip side, 2nd and 3rd tier leagues boast a few dozen. Less popular sports are even less of a focus. For instance, Chess competitions often only offer result bets.
That said, the motorsport betting section is rather well-rounded. It includes several types of sports and covers almost all major competitions worldwide. We’d easily call Tipico one of the best sites for motorsport betting in recent memory.
As far as coverage goes, all of these sports combine into more than 60.000 events each month. The market selection is in line with the rest of the offer, focusing on fan-favourites like soccer and cricket. Top football betting events can boast upwards of 150 markets, including Asian Handicaps and obscure, alternative bets. The less-seen sports are usually limited to just a handful, but that’s fairly usual at this point.
The odds are rather uneven, though. Some are great, some are quite lacklustre – we’ll get into the details below in the section on bookmaker margins.
In-Play Betting
Tipico live betting has undergone a lot of improvements recently, and it seems to be the focus for them moving forward. The Tipico live score feed, for instance, is beloved by sports fans across Europe, even if they’re not bettors. That said, the in-play betting itself has a ways to go if they want to catch up to the best live betting sites.
The biggest issue seems to be the limited coverage of sports. Sure, you can bet live on Football in almost every competition and market imaginable, but everything else is a bit barebones. Ice Hockey, Tennis, Basketball, and Volleyball are the only other sports covered for in-play bets. The odds are much like the pre-match betting section – solid across the board, but not very exciting.
However, the live betting screen offers some interesting features that make it a joy to use. You can filter current live betting offers at Tipico through a variety of parameters, for instance. The cash-out option is also rather advanced, considering you can even set automatic cash-outs if the right conditions are met.
Tipico Live Streaming Offer
Currently, Tipico does not offer any sort of sport live streaming services. We’ll update this Tipico betting site review if anything changes in the future.
Tipico Bookmaker Margin
The best betting odds go hand-in-hand with a low bookmaker margin. This margin is the main factor that determines how well a bookie’s odds will compare with the competition. We’ve done extensive research on Tipico’s margins, and here are the results.
The overall average bookmaker margin for Tipico sits close to 6.1%, which is close to the overall average. The good part is that you can expect a similar margin across all of the offered sports, leagues, and most markets. The bad part is that, if you’re only focused on one or two sports (which most punters are), you can find better offers out there.
The lowest margins can be found for soccer betting and tennis, which boast an average margin of 5.3% and 5.0% respectively. American football is another interesting option with a house edge of just 4.9%.
On the flip side, all basketball online bets are weighed down by a hefty 7.4% margin. Ice Hockey is slightly worse with 7.6%. Compared to most other sportsbooks online, though, that’s not a big difference.
In short, Tipico odds are ideal for jack-of-all-trades punters who like to cover multiple sports at a time. This is especially true if you enjoy online football betting combined with some more niche markets. Specialised bettors, on the other hand, would do better by finding a site focused on their chosen sport.
Overall Review
To sum up, we’re dealing with a responsible, competitive world-class online bookie. Though Tipico’s priorities are different compared to most other top online sportsbooks, we believe the difference is a good one. For starters, the focus on staying safe with online betting earns a lot of points in our book. The dedication to a fair, transparent business model is also one of Tipico’s biggest advantages.
The betting offers themselves are quite good for what they are. Though we wouldn’t go so far as to call them industry leaders, there’s a diverse enough selection to please most punters. The online live betting section could use some work specifically, but it’s not a heinous oversight by any means. The same can be said about the odds. Though there are some weak spots here and there, the overall impression is overwhelmingly positive.
Due to the sportsbook offers and payment options, though, we would specifically recommend this website to German residents. These features alone make this one of the best betting sites in Germany, all things considered.
Additionally, Tipico boasts a US branch with a licence to operate in New Jersey. Considering these are some of the best betting odds for American football matches, Tipico is also among the top betting sites in the US.
All other players can still safely register for Tipico knowing they’re making a good choice.
How to open an account at Tipico?
If the above bookmaker rating convinced you to register for Tipico, you’re making a safe choice. IT also means you can take advantage of the Tipico welcome bonus – it’s a 100% matched deposit bonus up to €100 with a €10 minimum. It’s a fairly standard bookmaker registration bonus if a bit unexciting.
If you’re wondering how to register at Tipico, follow this simple step-by-step guide:
Registration is now complete! You can access account options in the corresponding menu. Finally, you will need to perform KYC verification before you can bet at Tipcio. You will need to submit a scan or photo of a personal identification document, such as a passport or ID.Tipico opening account procedure explained
- Head over to sports.tipico.de using whichever internet browser you prefer.
- Click the “register” button in the upper right corner of the screen.
- Fill out the first form with your full name, birth date, and country of residence. This is also where you provide account info like password, username, and e-mail. Then, click ‘next’.
- Fill out the personal details on the second form, including your billing address. Click ‘Register’/li>
- Registration is now complete! You can access account options in the corresponding menu.
- Finally, you will need to perform KYC verification before you can bet at Tipcio. You will need to submit a scan or photo of a personal identification document, such as a passport or ID.
Tipico Review FAQ
How does Tipico work?
Tipico is more-or-less a regular online sportsbook. Players can register and use the Tipico online betting platform to wager on the results of sports matches. To do this, you also have to deposit a stake via online payments – which is also how you withdraw any potential winnings.
How to check Tipico bet slip?
If you’re in the process of making a bet slip, you can check it on the right side of the screen. If you’ve already placed bets, you can check them on the “My Bets” screen, which can be found on the right side of the webpage.
Is there a Tipico app for Android?
Yes, you can download the official Tipico mobile betting app from the official website. However, because of the Play Store’s policy on gambling apps, you won’t find it there. Instead, you’ll have to directly download the Tipico APK file.
Is Tipico reliable?
Absolutely. Based on their policy towards customer protection, legal and transparent business model, and superb SSL encryption, Tipico is an extremely safe online sportsbook. In fact, it’s one of the most safety-oriented top betting sites.
What languages are available at Tipico?
Currently, Tipico can be accessed only in German or English.
How to play at Tipico?
To play an online sports bet at Tipico, you will first need to register an account. If you’re unsure of how to do that, you can find the needed information in the corresponding section of this FAQ. Next, you’ll need to deposit some funds to use as a stake. To do this, go to the cashier page at the top right corner of the screen. Select the payment method you want to use to make the transfer. This is where you’ll also decide on the amount for the deposit. If this is your first time making a deposit at Tipico sportsbook, remember that you can take advantage of the Tipico registration bonus.
Once the transfer is complete and you have a bankroll available, go back to the main sportsbook screen. Browse the various sports and sporting competitions using the navigation panel to the left. Add or remove selections to and from the bet slip as you see fit. You can check your Tipico betting slip at any moment on the right, which is where you can find various bet options such as accumulator bets. Once you’re happy with the slip, simply click the ‘bet’ button on the bottom of the betting slip.
How to open a Tipico account?
To open a new Tipico account, go to sports.tipico.de using any internet browser. Then, follow these simple steps to complete the registration process.
- Click the big ‘register’ button in the upper right-hand corner of the page.
- Fill out the form with personal information such as full name, birth date, and country of residence. Be aware that your name must be correct for the KYC verification later on. You must be older than 18 to register, and some countries’ residents may be unable to register with Tipico as per their terms and conditions.
- Decide on account information such as username and password. Also, provide the e-mail address you want to be associated with your account.
- Lastly, fill out the form with your billing address. Your account should be complete and you can already make deposits and bet a Tipico. However, you’ll need to complete KYC verification to withdraw any funds.
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To do this, go to the account page by clicking on your username in the upper right corner of the screen. Find the tab for KYC verification and upload a photo or scan of a personal document such as a passport or ID card.
Why does Tipico need my passport?
Pretty much all safe and legal betting sites require you to show some form of legal identification in order to gamble online. There are many reasons for this – first of all, they need to make sure you're over the legal age of 18. Secondly, details such as your billing address need to be on hand for legal reasons. For instance, authorities need to be able to track finances and prevent abuse such as money laundering.
How to delete the Tipico account?
If you’re looking to close your Tipico account, you have several options in how you can proceed. This ranges from permanent account closure to temporary self-exclusion periods. Either way, follow these simple steps to find these options:
- Log into your Tipico user account.
- Click the profile icon at the top right corner, which takes you to the account screen.
- In the ‘My Account’ area, select the Limits and Closure options.
- Click on ‘Close Account’.
- You will be asked for the reason for account closure and the period of how long you want the account suspension to last.
If you’re looking to simply be rid of the account, select the option for permanently deleting. Otherwise, you can go for self-exclusion, which essentially locks you out of your account for a pre-determined amount of time. This option is designed for players who believe they may have an issue with problem gambling and want to “cool off” for a time.
Who owns Tipico?
The online gambling company Tipico is mostly owned by CVC Capital Partners, a private equity and investment firm based in Luxembourg. CVC is a relatively big name in the internet betting industry, and they own several top online sportsbooks. The biggest of these is probably SkyBet, but CVC also owns several other brands.
Is Tipico legal?
Generally speaking, Tipico is a safe and legal online betting site. Their main international licence is issued by the Malta Gaming Authority, which is one of the most highly respected licences of its kind. Furthermore, Tipico is licensed as an online sportsbook in Germany under the jurisdiction of the Regional Council of Darmstadt.
Having said that, Tipico may not be accessible under some jurisdiction, which means there are restricted countries whose residents cannot use the site’s services. Most notably, this includes the UK because Tipico does not own a UKGC licence. Bettors from the United Kingdom will have to look at other top UK bookmakers.
What is the maximum payout at Tipico?
Tipico has a general limit of maximum winnings of €100,000 per player per week. This means that you can win up to €100,000 in all Tipico services combined per seven days. The limit is the same regardless of the number of individual wagers. Also, note that services such as the Tipico online casino also contribute towards this limit. That said, there is no individual limit for how much you can win with a single wager. As long as your winnings do not exceed €100,000 in a week, you’re fine.
What is the minimum stake at Tipico?
The minimum stake per bet placed at the Tipico online sportsbook or brick-and-mortar betting shops is €2.
What is Tipico New Jersey?
Tipico New Jersey is the recently-opened American branch of the Tipico online sports betting brand. It offers legal online betting on sports in the US, specifically for residents of the state of New Jersey. It’s essentially the same company as Tipico, though a separate US branch was opened due to legal reasons.
Can I use Tipico in the UK?
No. Tipico does not currently possess a remote gambling licence by the United Kingdom Gambling Commission, which means it cannot offer online gambling services to residents of the UK.
Is there a Tipico bonus promo code?
All players can take the Tipico welcome bonus, no codes required. Currently, the bonus amounts to a 100% matched bonus with up to €100 in Tipico free bets.