The betting on races in Greece is a long-standing history, tracing its roots back to ancient times, where audiences would sit and watch in amazement as sports events such as chariot races were held in huge arenas. Fast-track the calendar to present-day Greece, and race betting still remains one of the favorite pastimes that occurs, focusing on horse racing. Modern-day Greece offers the same sport, now easier to bet on with the introduction of digital services. Due to the fact that many are looking for race betting online, websites usually have great deals, like a BetLabel no deposit bonus, available for them so that a novice can more comfortably join in on the fun.
History of Race Betting in Greece
Greece’s history concerning race bets goes all the way back to the classical roots of the country. At the time, chariot racing formed a stellar attraction for both public festivals and competitive events.
It was in ancient Greece that Hippodrome formed the core place where these heart-pumping races took place and attracted big crowds even to the extent of affecting the politics and culture of that time. Chariot races were immensely popular events where people from all classes bet on their favorite teams.
Today, race betting has become more organized and is now more systemized. Horse racing still remains the most popular form of race betting in Greece, with places such as Markopoulo Park located near Athens being referred to as a meeting point for all horse racing enthusiasts. The park has a number of races that are held throughout the year and receives prestigious events like the Greek Derby. As the demand increases, so does the growing set of online betting platforms, such as betlabel GR, through which people now can bet from anywhere within the nation.
Legality of Race Betting in Greece
HGC strictly regulates the legal framework of race betting in Greece. Since 2011, after the liberalization of gambling laws, both land-based and online bets have been allowed, provided that this is done with strict licensing. The license from the HGC should be given out to those operators wanting to offer a betting service so that the industry may remain within the legal and ethical confines.
Race betting, especially horse racing, follows regulations similar to those governing other forms of sports betting. People place bets either in licensed betting shops or through online means. The shift to online betting has been pretty significant, especially over the last couple of years, as more and more people enjoy the convenience and access that comes with taking the activity online. Such a legal framework provided a secure environment for the bettors, while the possibility of fair play and responsible gambling has been ensured.
Horse Racing Venues in Greece
As horse racing has dominated race betting in Greece, the actual number of racing venues is not as many when compared to other countries. The Markopoulo Park racetrack is, however, the leading horse racing venue in Greece. Located near Athens, this modern facility provides race events on a weekly basis and attracts attention at both local and international levels.
It is not only a premise for live racing events, but Markopoulo Park also allows the punters to experience the live streaming of events within their homes for comfort. The venue hosts both flat races and harness events, therefore giving every punter an opportunity to choose his or her preferred type of bet.
While there are a few racecourses in Greece, Markopoulo Park is pretty much the only dedicated one, thus serving as the main hub for horse racing. Most online sites, however, do provide betting possibilities on most international horse races, and Greek punters often take advantage of this. In the context of
Online Race Betting in Greece
The replacement of traditional betting shops by online betting platforms has profound implications for race betting in Greece. In other words, with advances in digital technology, horse races have also turned out to be much more accessible for bets on the part of the general public. With this perspective, web-based markets of race betting have gained immense publicity these days and offer coverage of both local and international events.
