Tipp24 serious? All information
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If you google for Tipp24, the terms "serious" and "state licensed" will be displayed. We show you how serious Tipp24 really is.
Tipp24: serious appearance, but actually not a lottery
After a short internet search, Tipp24 makes a serious impression. You can find a lot of positive feedback, especially in online forums. However, what many do not know is that you do not really take part in the lottery draw here.
- If you play Lotto via Tipp24, you are actually placing a bet on the outcome of the actual lottery. However, this fact is not readily apparent on the website. Presentation, chance of winning and jackpot are identical to the actual lottery.
- This copying and betting on state lotteries is called a second lottery.
- The Saarland Consumer Center expressly warns against these second lotteries and their providers. These are illegal in Germany. According to the consumer advice center, anyone who participates in such a second lottery is involved in illegal gambling.
- However, the company plans to exit the second lottery business in the fourth quarter of 2019. According to the company, Tipp24 would become a legal broker of state lotteries in Germany.
State licensed - but not in Germany
Tipp24 was originally a German company. In 2009, however, it moved to London when online lottery was banned for a few years after the new State Treaty on Gaming came into force. The ban was lifted again in 2012, but the company headquarters remained in Great Britain. However, the website is only in German. However, changes are also planned here: The company plans to move its headquarters back to Germany in the fourth quarter of 2019. As a result, the business would fall under German law again. The following points therefore only apply as long as the company is based in Great Britain.
- In the legal notice, Tipp24 points out that it is licensed by the state. That is true, but the license was issued by the GB Gambling Commission. This license has no legal weight in Germany.
- The company is subject to UK gambling law and is controlled according to its criteria.
- Specifically, this means for you that in case of doubt - for example if the winnings are not paid out - there is little or no legal action. Since it is a second lottery, you cannot claim the prize from the German lottery and legal action against the company itself can be lengthy and expensive.
- Because: Since you have typed in a company that is not licensed in Germany, you are technically not entitled to the payment of your winnings.
- If you believe the general feedback from Tipp24 users, winnings have always been paid out, even with large sums.
- In addition, all profits generated by the company flow to the British public limited company Zeal Network, to which Tipp24 belongs. The company therefore does not pay any taxes in Germany. In contrast to the state lottery, it is also not obliged to invest a certain proportion of its income in charitable projects for youth, sport, the environment and culture.
- Conclusion: Despite the predominantly positive experience reports on the Internet, Tipp24 has not yet been considered completely reliable, since the company participated in secondary lottery business. In the future, however, these transactions should no longer take place. According to Tipp24, the business model in Germany should become completely legal.
How to identify reputable online lottery providers
The Saarland Consumer Advice Center advises that you should only bet with online lottery providers that have a German permit.
- You can find out what they are on the whitelist of the country's gambling regulators. On CHIP you will also find an extensive comparison of online lottery providers.
- You should also take a close look at the imprint and the terms and conditions and find out which company you are dealing with.
- The consumer advice center also advises to pay attention to data protection regulations and to disclose as little personal information as possible.
It is important to pay attention to certain things when playing the lottery.