Betting tax in Kenya is 15% of your winning amount. If you win Ksh10,000, they will deduct Ksh 1,500 and the money you will be able to withdraw is Ksh 8,500. If you calculate the amount of money you lose per year to tax will be over Ksh200,000. You can avoid paying this tax by following this advise:
Look for a site that does not charge tax
There are a couple of websites which don’t charge tax, one of them is 1XBET. Register with 1XBET and be able to withdraw all your winnings. They also don’t charge withdrawal fee. To register,click here and visit their website
Once you register, deposit money and get up to 200% welcome bonus. The bonus in Kenya is Ksh20,000.
Bet with international betting sites
Register with an international betting site and deposit money through Skrill,Payoneer,Wire Transfer and place your bet. You will not pay any tax. The money you will win will be deposited into your account and you will be able to withdraw and transfer to your Mpesa account. Bet365 and Betway are some of the international betting sites to use.
Stop betting
You can also opt to stop betting and avoid paying tax. This is the best option because it enables you to stop losing your money through gambling.
