Tipico Sports Betting

One of the world’s largest but most private sportsbooks is setting up shop in the NJ sports betting market.

As first reported by EGR, German sports betting giant Tipicohas applied for a New Jersey sports betting license, in partnership with Ocean Casino Resort.

Tipico is a U.S. Sportsbook originally founded in Europe in 2004. As the leading sports betting provider in Germany and one of the top sports betting companies worldwide, the company offers digital and mobile betting entertainment across 30 different sports and invests heavily in the development of technologies that make the sports betting. Tipico is the leading provider of reputable mobile, web and retail sports-betting and online Games in Germany and Austria. Earn up to 25% commission for every customer you refer. Tipico guarantees a revenue share on all products without negative carry over. The Kansas City Chiefs are 3.5-point favorites. There are some great player props and odds boosts available to bet on in the Tipico Sportsbook app. With a stacked sports schedule comes fervent sports bettors. “In Between the Lines” gives avid fans and sports.

Tipico aims to launch its online US sportsbook in time for the NFL betting season in September. Customers can sign up for a waiting list now.

There is also an online casino product on the way, with Tipico expected to announce a technology partner for that in the coming weeks.

From one betting shop to the leading provider of sports betting in Germany. The success story of Tipico begins in a small betting shop in Karlsruhe. What started as a tiny business of three.

Who is Tipico?

Tipico is the largest sports betting operator in Germany and one of the largest sportsbooks in the world. It ranked sixth on the 2019 EGR Power 50 list of online gaming operators – one spot ahead of William Hill.

That said, Tipico’s exact revenue figures are hard to come by as the company is privately owned. Private equity giant CVC Capital Partners is a majority stakeholder.

The company uses its own pricing and technology in Europe, and said it will do the same for the US.

“Our trading team and bookies are excited about the prospect of increased volume for American sports,” a company representative told LSR. “The team we have in place has deep American sports knowledge, and we are actively recruiting for a New Jersey sportsbook manager.”

Prep under way for NJ sports betting launch

Tipico currently has 13 staff in a Hoboken, NJ office, including former FantasyDraft CEO SteveKrombolz.

Krombolz is head of US business development and strategy for the operator. His main role is finding opportunities and market access deals in states beyond NJ.

However, the company declined to specify which other states it was looking into.

The firm is also hiring for a several roles in technology, trading and marketing.

“ With nearly 15 years of European sportsbook experience, Tipico is one of the few on the B2C side of the industry using our own proprietary technology,” said AdrianVella, MD of Tipico US. “We are very excited to debut the product our hardworking developers have put together for the US market.”

The firm will back up its launch with a new brand campaign for NJ sports betting in the fall.

About company

Tipico is online betting company that was founded in 2004 in Germany. Apart for sportsbook they also have casino, games and poker room. Notably they have offline presence with hundreds of betting shops round Germany. It offers quality products and quite popular outside of Germany. They were one of the first bookmakers to create mobile application since tablets and phones revolutionized betting world as well.

Website design

Tipico Sports Betting Bar

First of all, we should say that Tipico webpage is user-friendly and easy to navigate. Due to grey tones they do not blind you with variety of bright colors and pop-ups. Although Tipico are German company, their website is not only in German version. They are dedicated to attract more European clients, that’s why tried to please bettors from major countries in Europe. Clients can find navigation panel on the left with dropdown list of sports they offer. It’s common structure for bookie websites. You can find top events in the center block.

Money lines and odds

Tipico started operating in 2004 and unfortunately they have not added many sports since then. So their list of sports is not that wide. Still Punters can bet on football, basketball, ice hockey, tennis as well as some exotic ones. You can also find markets on American college sports, which is quite surprising for German bookmaker.

Tipico’s in-play section has one interesting and quite fascinating feature – live-chat. This way you can communicate with other bettors during in-play games. Although it may seems like silly idea, but it’s fun. They give credit to American sports and they also did everything so that British customers could also visit their website. That’s why Tipico offer markets on rugby, cricket etc.

Tipico Usa

Football is the most popular sport in Germany and it surely has effect on Tipico. Not only you can bet on Bundesliga and all lower German football divisions, you also do it before the match and during it.

Tipico has interesting system of betting limits. If you’re using betslip you are able to bet only $.25, if not it’s just $1. This differs dramatically from other bookies around the globe. However, highrollers and those who like to take risks should primarily contact customer service in order to be consulted about this issue.

We should also say that those who look for high odds may be a little frustrated with Tipico as they averagely do not go higher than 1.92.

Sportwetten Casino

Signing up and bonuses

We should say Tipico does have a loyalty program in order to benefit those who spend time betting and playing. You should remember that only clients with real money accounts can partake in this program. If you gather enough points you will receive a VIP stats which is very nice and useful. They also have welcome bonus and various promotions and specials.

Payment systems

Tipico are modern online betting company that’s why they offer various methods to deposit and withdraw finds such as Visa/MasterCard, bank transfers, Neteller, Skrill, Paypal and Ukash.

It’s highly recommended to use the same methods for both withdrawing and depositing money. Commonly, operations via various e-wallets are way faster than for example bank transfers.

Mobile application

Tipico always try to keep up with the tides that’s why they developed their own mobile app. It’s compatible with IOS and Android, but, Windows phone and Blackberry users can easily go with Tipico’s mobile version of the website, which is responsive and easy-to-navigate. Tipico tried to add all functions to the app that they website has, including of course in-play betting and payment system. It has nice design and downloads fast. There were any complaints about Tipico mobile app.

Customer service

We should admit, Tipico’s customer service could have been much better and helpful if their clients could contact them via live-chat or mobile phone. Unfortunately, there’s only ticket system, which works great as support agents speak German and English. However, there are always small problems that could be solved via chat, but instead you have to wait for them to answer on your e-mail even if it concerns some small issue. It’s the biggest flaw of Tipico’s customer support.