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Best Betting Sites in Colombia

Best Betting Sites in Colombia

Author: Steven D. Thompson

Updated: 20/11/2024 11:20 AM

With betting being legal in Colombia, you can explore the best sports betting sites in Colombia and enjoy the opportunity to bet on games. Colombia is one of the South American nations that have a regulated gambling ecosystem, allowing its citizens to enjoy controlled and legalized gambling experiences. So, if you want to start your next online sports betting journey in this country, we advise you to check out this review and learn more about online betting sites in Colombia.

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Rating:

10/10

Excellent

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Pros

The sign-up offer gives you bonus funds on your first three deposits.
Wide range of bonuses for existing customers.
Many pre-match betting markets to choose from.

Cons

You can make only one withdrawal request in seven days.
No mobile betting app.
No live streaming.

Odds Margin: 93%

Extra Features: Casino, Tournaments, VIP Programme

Payment Methods: American Express, Bitcoin, ecoPayz, Litecoin, MasterCard, Paysafecard, Visa

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Rating:

9.9/10

Excellent

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Pros

Nice and easy layout
Multiple website languages
Bitcoin casino

Cons

Lack of FIAT currencies
No mobile app
Lack of live streaming

Betting Software: Betradar

Odds Margin: 94%

Extra Features: Bonuses, Casino, VIP Programme

Payment Methods: Apple Pay, Bank Transfer, Bitcoin, Dogecoin, Ethereum, Litecoin, MasterCard, Visa

18+ | Gamble responsibly | GambleAware.org | T&C’s apply

Popular

Rating:

7.2/10

Very Good

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Pros

Generous welcome bonus for newly registered players
Exclusive VIP perks
Crypto-friendly platform

Cons

Limited collection of casino games
Quite long withdrawals
No licence is available

Odds Margin: 93%

Extra Features: Bonuses, Casino, VIP Programme

Payment Methods: American Express, Bitcoin, Bitcoin Cash, BNB, Ethereum, Litecoin, MasterCard, MoneyGram, Tether, USD Coin, Visa, Zelle

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Trusted

Rating:

7/10

Splendid

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Pros

The loyalty program gives enticing rewards to regular bettors.
Cryptocurrency transactions offer various perks.
24/7 phone, email, and live chat support.

Cons

Small withdrawal fee.
No live streaming.
There could be more betting markets.

Odds Margin: 95%

Extra Features: Bonuses, Tournaments, Cash Out Func., Live Streaming, Odds Boost, VIP Programme

Payment Methods: American Express, Bank Transfer, Bitcoin, Ethereum, Litecoin, MasterCard, Visa

18+ | Gamble responsibly | GambleAware.org | T&C’s apply

Popular

Rating:

6.63/10

Splendid

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Pros

Crypto-friendly sportsbook
Fast withdrawals
No payment fees

Cons

No phone support

Odds Margin: 93%

Extra Features: Bonuses, Casino, Mobile App, VIP Programme

Payment Methods: Binance Pay, Bitcoin, Dash, Dogecoin, Ethereum, Litecoin, Ripple, Stellar, Sticpay, Tether

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Table of Contents

Sports Betting Regulation in Colombia

Colombia has a long history when it comes to gambling. Fortunately, recent changes to regulations and laws have had a positive effect on the ecosystem, providing individuals with access to sports betting options. To fully understand the regulation of sports betting in Colombia, it helps to explore the history of gambling, structure, and laws in the country.

Gambling History in Colombia

The history of gambling in this country dates as far back as the early 20th century when the government authorized lotteries and their operations, and it wasn't until the 1970s before the industry finally took off. The 70s gave us the first bingo halls and casinos. Since then, there have been many more gambling establishments in the region. The establishment of Coljuegos is one of the most popular milestones in the country. Since its creation in 2011, Coljuegos has been the national gambling regulator. Over the years, the gambling industry has grown and seen massive improvement in various aspects, with many establishments providing casino games and sports betting activities.

Structure of Colombia's Gambling Ecosystem

Colombia has three main tiers of gambling. If you need to bet on games or want to start your gambling journey, you must understand the tiers and know what they entail. Among them is online gambling, which includes online lotteries, sports betting, and online casinos. In addition to that the retail gambling tier, which includes the physical casinos, lottery points of sale, and betting shops. Finally, there is the national lottery, which the Ministry of Finance controls. Colombia has a diverse gambling industry that is properly regulated and controlled, ensuring that operators who want to provide betting opportunities to players are up to the right standards.

Gambling Laws and Regulations

Under the most recent e-gaming act, sports betting and other gambling forms are legal in Colombia, and Coljuegos regulates the laws, ensuring that any operator that wants to provide gambling access to players must adhere to certain regulations and comply with the laws. Before any betting site is allowed to operate in the country, they must obtain a license from Coljuegos. Obtaining a license is a rigorous process that ensures the site is up to the right standard. As a result, Colombians will have access to the best betting platforms and enjoy a wide range of some of the best betting experiences.

Key Facts & Stats About Betting in Colombia

How to Pick the Best Colombian Bookmaker

Colombian bettors have access to various betting sites. However, there are intricacies in picking the best bookmakers that will ensure you will get the best experience. South America has a wide range of exciting betting options players can explore, and it is no different when you want to get started in Colombia. If you want to pick a suitable sports betting site, it helps to have a guide, ensuring that you'll find the best option for your next adventure. In this case, we've highlighted some tips you can follow to help you do this without hassle.

Step 1

Safety and Security

When it comes to picking the right site to join for your betting journey, you need to ensure that the site is safe and secure. You don't want to end up on a platform that doesn't have top-notch security measures and isn't worthwhile. So check these measures to see whether the site has a solid system in place to ensure data and details are protected. You should also check the betting site for a valid license from the recognized gambling authority. That way, you know the site has gone through a rigorous process, follows the Colombian egaming act, and is up to the right standard.

Step 2

Sports Coverage and Betting Features

The types of sports the site covers also play an important role in the overall betting experience. You don't want to end up joining a website that only lets you bet on a few games or sporting events. You must take the time to pick the right betting site that will allow you to bet on all major sports betting exchanges and provide live betting opportunities. The more betting options you will enjoy, the better. Don't hesitate to check bookie's betting features to see if it is one of the top sportsbooks that lets players enjoy a seamless experience.

Step 3

Sportsbook Bonuses and Promotions

Examine the incentives and promotions provided by each sportsbook under evaluation. Quickly review all available bonuses by navigating to the Promotions section and specifically looking for sports-related promotions. Opt for a bookmaker with an appealing welcome bonus for new users and a diverse selection of reload bonuses and complimentary bets for existing players. If the sports betting platform additionally features accumulator boosts, cashback incentives, and VIP benefits, it further underscores its status as a high-quality bookmaker.

Step 4

Payment Methods

You need a top-notch payment method if you want to enjoy your betting experience. You don't want to start your journey without the right tools. So, you must check the site's payment methods list to see what options are available. Ensure they have top-notch payment options that you can use to deposit without hassle. Look at the payment processing time to see if the options are fast and reliable. Then, you can check for fees to ensure that you don't have to pay high prices for transactions. And you should confirm that there are bonuses to claim.

Free Bets & Betting Offers in Colombia

Betting Sites	Free Bets/Betting Offers
BetBeast	20% risk free bet up to €100
Crypto Bet Sports	100% up to €300
Freshbet	100% up to £500
Weltbet	350% up to €3,500

How We Compare and Rank Betting Sites in Colombia

License and Security

Whenever we want to compare and rank sites, we take the time to check whether it is safe and secure for players to join. We maintain a complex system that ensures players don't have to settle for below-par gambling sites. In this case, we look at the security system to ensure it is among the latest technologies. In addition to that, we ensure that the site is allowed to operate in Colombia. We don't want to list sites that can't operate legally in the country. So, we check if the license is valid and active. That way, you can rest assured that it is a safe and secure site.

Welcome Offer

Another factor we consider when evaluating these sites is the welcome offer. We want to ensure that the site has a solid welcome package for players. So, they can claim their first deposit bonus once they complete their registration and deposit. In addition, we check the welcome bonus terms to see if it is a quality offer that players can claim. In this case, we look at the requirements and other conditions to see if players can easily complete them and turn the bonus funds into real money. The better the welcome offer, the more points we give to the site.

Promotions and Free Bets

Aside from the welcome offer, we check for other promotions. We want to ensure that the site has enough quality bonuses for Colombians. So, if you continue playing there, you will have access to extra bonuses that will improve your winning chances. We check for free bets and other promotions to see what options are available. In this case, we want to ensure that the offers are top-notch and good for bettors. Also, we check if the site has separate bonuses for sports betting and wagering on slot machines, making it easier for players to choose their preferred option.

Odds and Value

The odds for even events are also important factors we explore. In this case, we want to see if the site provides a solid payout opportunity. We look at the odds and value to evaluate what players can expect whenever they get started at the site. That way, you can rest assured that there is a good chance to enjoy an incredible betting experience. The more competitive the odds, the more points we give to the site. So, betting sites with higher odds are ranked higher than others because they offer higher values.

Top Colombian Betting Sites by Category

Highlight of the Site	Betting Sites
Best for Language Option	B7 Casino
Best for Crypto	N1Bet
Best for Mobile	Mystake
Best for Welcome Bonus	Velobet

Popular Payment Methods for Colombian Betting Sites

There are different popular payment methods Colombian betting sites feature. For bettors who want to enjoy the goodies of the online gambling industry and bet on different sports, including dog racing, horse racing, football, and other sports, choosing the right payment method will go a long way. In this case, we've highlighted some of the most popular options in Colombia.

E-Wallets

One of the most popular payment methods you can use at Colombian betting platforms is e-wallets. You can use the option to deposit and withdraw money. Take your time to understand how the e-wallet service you want to use works and the different features available. You simply need to check if the wallet has all the features needed to make your betting experience smooth. Some popular e-wallet options include Skrill, Neteller, PayPal, and ecoPayz. Pick one that fits your preferences and start your next betting journey without hassle. You might even enjoy exclusive bonuses.

Debit/Credit Cards

You can also deposit using your credit or debit cards, depending on the one connected to your bank. You can use this option if you want to deposit directly from your bank account. You can complete the transaction without any restriction or the need to use a third-party service. So you don't have to pay extra for their services and additional features. Check the debit or credit card option at the betting site you want to join to see if you need to pay extra to use the option before proceeding to deposit. Note that you can't withdraw with debit/credit cards.

Cryptocurrencies

Crypto is among the many technological advancements that have improved the betting world. Players who want to enjoy using digital currencies to deposit and withdraw at gambling platforms can do so without stress in Colombia. Fortunately, cryptocurrency isn't banned even though it is not considered legal tender. Citizens can trade and exchange cryptocurrencies without breaking any laws. Therefore, you can choose your preferred crypto option and start using it at online betting platforms whenever you want to start your next adventure. This option is fast, secure, and reliable.

Bank Wire Transfer

Use bank wire transfers to fund your betting account at Colombian websites. With this option, you don't have to worry about stressing about what third-party option to use. Fortunately, the government has legalized betting in the country. Therefore, you can use various financial institutions to complete transactions. Take advantage of a bank wire transfer that will let you easily deposit money once you find a suitable site to join. This option is less complicated because it is no different from the standard bank transfer, although it might come with additional fees, depending on the site you use.

Best Colombian Betting Sites for Sport

Betting Site	Sports
Roobet	Best for Football
Betiton	Best for Cyling
Sportsbet	Best for Baseball

Most Trusted Betting Sites in Colombia by Betpack

Betting Sites	License
Big5Casino	MGA
Rivalo	Curacao
Betfinal	Curacao

Colombia has different top betting sites, and players who want to start their gambling journey must find the one that best fits their preferences. As a result, it can be tedious for bettors because finding a top site to join isn't easy. We've taken the time to scour the internet for some of the best sports betting platforms. You can check the table above to pick the site you like and start your journey without stress. They come with different features that can improve your winning chances and help you win more money while you bet on games. Ensure you check their terms and conditions before proceeding.

Conclusion

Colombia has a regulated gambling market and ensures its players are protected from fraudulent activities. The online gambling sector in Colombia is massive and continues to grow, providing players with exciting betting opportunities and features. If you're in this country and want to start your journey, you must ensure that you choose a site with a valid license from Coljuegos and is authorized to operate in the country. Once you find the one you like, create an account, deposit money using your preferred payment method, claim the welcome offer, and start betting for a chance to win real money.

Frequently Asked Questions

What are the Most Popular Sports to Bet on in Colombia?

In this country, you can bet on football (soccer), horse racing, and dog racing. You can also bet on other sports in Colombia.

Is there a Tax on Sports Betting Winnings in Colombia?

The tax on sports betting winnings is currently set at 20%, but there are speculations that it might change following a new update in gambling laws.

Can I claim Promotions at Colombian Betting Sites?

Yes, it is possible to claim promotions at Colombian betting sites if you find one that offers players different bonuses.

Are there any Betting Restrictions in Colombia Betting Sites?

Players must be 18 or older before they can place bets on games at online sportsbooks in Colombia.

Is Sports Betting Legal in Colombia?

Yes, sports betting is legal in the country, and as long as you're at least 18, you can place bets on sporting events.