ODDSET Sportwetten GmbH

Company History

ODDSET Sportwetten GmbH represents the corporate entity behind one of Germany's most recognisable sports betting brands. The ODDSET brand itself has a history dating back to 1999, originally operated as a joint venture of German state lotteries. However, the current GmbH was established to take over operations from 1 January 2020, marking a strategic shift to a dedicated, modernised betting company. This move was part of a broader reorganisation of the German sports betting market following the introduction of a new federal licensing regime.

Products and Platforms

The company’s official website, oddset.de, serves as the primary online channel for its sportsbook. It offers a wide array of betting markets, with a strong emphasis on football (including partnerships with the DFB), basketball, tennis, and live betting. The ODDSET app, available for Android via Google Play, provides mobile access to the same services. A notable feature is the 'ODDSET Fanzone,' a dedicated area for sports news, promotions, and fan interaction. The platform is available in both German and English.

Regulatory and Compliance

Regulatory compliance is a central pillar of the company's operations. The license from the Regional Council of Darmstadt (Gz.: 32a-54c22-1/22-02-129) confirms its status as an officially approved sports betting provider in Germany. This license covers both online and retail operations. The company is a member of the DSWV (Deutscher Sportwettenverband), having pledged its support to the association in December 2022, aligning itself with other major licensed operators in advocating for a regulated market.

Leadership and Structure

Leadership is structured as a traditional German GmbH. The managing directors (Geschäftsführer) are Dr. Michael Hettich and Christof Schöpfel, who jointly represent the company. Christof Schöpfel is identified as the CEO in external profiles. The supervisory board is chaired by Dr. Carolin Kerschbaumer. No other C-level executives (CFO, CTO, COO, CCO) have been publicly confirmed.

Market Position and Future

The company operates from a single headquarters in Munich. While its headcount is not publicly disclosed, the team is described as a group of sports enthusiasts. ODDSET Sportwetten GmbH is not publicly funded and remains a privately held entity. Its revenue, estimated by third-party sources around €1.7 million, positions it as a significant but not dominant player in the German market. The company's future direction is focused on expanding its digital presence, likely leveraging the upcoming 2026 FIFA World Cup as a major marketing opportunity.