Betting in Kenya has become an expensive affair with government imposing punitive taxes on gamblers. What with the introduction of stake tax of 5% which is just absurd? The Kenyan government has decided it has to win even before you win as a gambler. For every Ksh 1000 staked a total of 50Ksh will be deducted…can you imagine that? As if that is not enough they have also implemented the 20% win tax on your winnings.
For Kenyan based betting companies (bookies) they have to implement the taxes unless they be closed like the way Sportpesa and Betin closed shop after tax disputes. Though Sportpesa complied with Kenya Revenue Authority’s demands and reopened a few months ago.
Been going through the internet to check if I can find some bookies that do not implement the taxes and one thing is clear, most bookies in other jurisdictions do not implement the predatory taxes.
So if you want to place bets you will have to use the following. I will be updating the list as I find and try out new sites. So far the best one I have found include:-
1XBET
This is an online gambling company founded in 2007 with operations in over 134 countries and it’s headquartered in Cyprus. In the last few years it has experienced significant growth even at one time sponsoring Liverpool and Chelsea.
Advantages
No Taxes: The most obvious one is there is no 5% stake tax and 20% winnings tax. Awesome isn’t it?
Affordable Deposits: You can do a minimum deposit of only Ksh 112 and you can do this via Mpesa. The deposit transaction attracts no M-pesa charge. You will receive a first time deposit bonus of upto Ksh 6780(Register Now Here) You can also link your Visa or Mastercard to do a deposit into your player account.
For withdrawals you can choose over 40 withdrawal avenues. Currently you cannot withdraw back to your Mpesa Account but I found out either using Skrill or back to your Visa Card the best way to withdraw though you can withdraw a minimum of Ksh 1034.
YOU CAN REGISTER HERE ON 1XBET & RECEIVE A WELCOME ONUS OF UPTO KSH10,000
