Best Colombia Betting Sites [2023] πŸ€‘

Colombia is a unitary republic with 32 regions and a district serving as the capital. An estimated 51 million people live there. The legendary football players Carlos “El Pibe” Valderrama and RenΓ© “El Loco” Higuita were both born there. Colombia has a long history with gambling that dates back to the colonial era. In 1943, the first casino licence was formally granted. In recent years, many Colombians have started partaking in sports betting on a regular basis. The World Cup in Brazil in 2014 and the subsequent legalisation of online sports betting in 2016 marked a turning point. There aren’t many foreign sportsbooks operating in Colombia right now that have a local license. However, there is no legal prohibition against gamblers using their preferred foreign bookmakers.

Five things to know about gambling in Colombia

  • The minimum age to gamble is 18 years.
  • The granting cost is $200,000
  • 17 online bookmakers have local licences as of right now.
  • Coljuegos is the nation’s regulatory body for gambling.
  • Winnings from gambling are tax-free

Population: 50.882.891

Active players: 6.000.000

Currency: Colombian peso (COP)

Regulated gambling products: Sports betting, horse racing, lottery, casino games

Designated authority: Coljuegos

Operator types: Licensed & unlicensed online sportsbooks and casinos, land-based betting shops & casinos

Status: Regulated

How We List The Top Online Bookmakers In Colombia 🎯

There are numerous domestic and foreign betting brands operating in Colombia thanks to the country’s permissive regulatory environment. These are five of the most important characteristics we considered when reducing all of these to the top five choices you see above.

  • Safety

As our website’s name implies, we place a lot of importance on safety. Therefore, we always start by examining the security precautions taken by a new sportsbook.

There should be many safeguards in place, such as encryption, firewalls, unbiased audits, and anti-fraud procedures, to protect both your personal information and your money. We also encourage you to use additional security solutions, such as 2FA, to secure your account. Last but not least, we make sure that each brand we endorse possesses at least one licence from a credible regulatory agency. One bookmaker we suggest that checks all these boxes is Bwin.

  • Betting exchanges

Colombia is a sports-crazed nation, with bettors frequently following many sports at once. A betting site simply must offer a broad cross-section of betting markets to be suitable for as many of these consumers as feasible.

These should cover at least 20 additional sports, going far beyond football. Of course, having a wide selection of bet kinds available for those games is also crucial. Again, the maxim “the more, the better” applies. For instance, Codere’s betting markets are impressive in both their width and depth.

  • Usability

There should never be a necessity for bettors to struggle with a sportsbook’s user interface. Instead, these websites have to be simple to use and intuitive from the moment you first access them. That is true for both the desktop and mobile platforms, and it holds true regardless of how much gambling experience you have.

Of course, this is subjective to some extent. Regardless of your preferences, we think 1xBet offers a layout that sets the bar.

  • Bonuses

On any new Colombian betting sites we come across, this is another of the first things we check out. First, we make sure the welcome offer is real and includes benefits that will assist your new account get off to a fantastic start. Second, we evaluate the current promos to see how much they reward your loyalty.

In both situations, we thoroughly examined the T&Cs and made sure that the brands we selected offered honest promotions without any catches. This is unquestionably the case with Betfair, which also offers enticing discounts to both potential and current consumers.

  • A greater reputation

The significant bulk of our rankings are based on our personal interactions with each bookmaker. However, we also made sure to look at each brand’s overall reputation among both reviewers and loyal customers. This has given us the opportunity to identify any significant concerns that we did not personally run into, among other advantages. Particularly YaJuego aced this exam with flying colours.

What you should know about gambling on sports in Colombia 🀝

It should not surprise you that Colombians have long placed bets on their favourite sports because they are known for their passion for them. Since it became widespread in 1991, Colombian sports betting has contributed to the growth of this nation’s passion for and knowledge of sports.

More specifically, the legalisation of gambling in the nation in 2016 allowed gamblers to finally proceed with the government’s approval without having to be discreet. One of the largest bookmakers to take advantage of this was Bet365, whose excellent licencing allowed for their use in the nation.

Four intriguing Colombian facts:

  1. In South America, Colombia is one of the most well-liked gaming destinations.
  2. In Latin America, Colombia boasts one of the most promising online betting industries.
  3. James Rodriguez, a former player for Real Madrid, was born in Colombia, where football is extremely popular.
  4. Colombia has legalised online gambling since 2001.

One of the most popular sports in this nation was football, which allowed fans to support, wager on, and watch teams from the largest clubs in the globe in addition to their own domestic top-flight being shown on TV and other things.

For Colombians, playing casino games has become very popular, especially blackjack, slots, and even poker. This is added to the list of widely utilised gambling methods by Colombians who also use it quite a bit online.

CountryπŸ‡¨πŸ‡΄
LanguageSpanish
CurrencyColombian peso / COL$
Popular Sports⚽ 🎽 ⛷️ 🚴
Is betting legalβœ”οΈ (yes)
Gaming regulatorColjuegos
Gambling tax15%
Most popular payment methodsVISA, Mastercard, Neteller, Skrill, PayPal

There are welcome bonuses on Colombian betting websites πŸ€

The highest bonuses are provided by welcome offers, by far, out of all the promos that betting companies give. Although these incentives are temporary, their size typically means that they can offer your new betting account an amazing start.

You normally have two major options for welcome offers when using Colombian betting sites. The most of these are extremely similar to one another, however there is a significant distinction.

Matching Deposit

By far, this is the most typical welcome offer you’ll come across in Colombia. Additionally, it offers the largest incentives of any sign-up offer, so that’s definitely not a bad thing.

Here, the name very well speaks for itself. The bookmaker will “match” the amount of your initial deposit after you open an account with a new sportsbook and make that payment. The match will typically be 100%, but occasionally it may drop to 50% and other times it may ramp up to 200%.

In either case, the match will be delivered as a bonus, or a free bet, as opposed to money. Unfortunately, the rollover requirement is frequently a quite significant catch for these bonuses. For now, just be aware that it lessens the apparent allure of these bargains. We’ll explain what that means in the next section.

Payback Bonus

You might be able to find a “Risk-Free First Bet” or a “Bet X, Get Y” introductory offer in other countries. However, there is just one other major format that you may choose from in Colombia, and that is the Recharge Bonus.

These operate in a manner that is similar to the first offer we looked at in that they don’t begin until you’ve placed a deposit. However, in this instance, you’re receiving a “Recharge Bonus,” which essentially indicates that it applies to a later payment than your first one.

Once more, the size of this bonus is arbitrary. However, it will typically be 100%, which means that if you deposit 40,000 COP to your account, you will also receive another 40,000 as a free bet.

Explanation of Key Sports Bet Bonus Terms

All welcome offers on reliable Colombian betting sites will include a comprehensive list of terms and conditions, regardless of whether they take one of the two forms mentioned above or a completely different one. You must carefully read over these before agreeing to any contract, so do so now. We advise that you concentrate on these important areas as you proceed.

Signing Up And Making A Deposit

From the minute you begin signing up with a new bookmaker, you must be careful to abide by the T&Cs of an offer. When opening your account or making your first deposit, for example, you might have to enter a specific bonus code. Along with exceeding a minimum threshold, that initial investment must also be made while avoiding prohibited payment methods (usually including eWallets).

Qualification Bets

Some welcome offers will demand you to make qualifying wagers in order to collect your bonus, even if it’s not as important with the two promotion kinds described in the previous section. These may need to be used on specific sports and/or bet kinds, and they must match minimum standards for stakes and odds.

Rollover Conditions

This is essential to triggering any welcome offer for a deposit match or recharge bonus. You must fulfil a rollover requirement before you may withdraw any profits obtained through your bonus. This entails placing a specific number of wagers using your deposit and/or bonus funds. This must be completed within a specific time range and with a specified level of odds.

Extra Use

Once you’ve received your bonus (or “free bet”), there usually aren’t many restrictions on how you can spend it. It is thankfully uncommon for bookmakers to enforce minimum odds restrictions or exclude certain markets from their offerings. But keep in mind that your tokens will have an expiration date, after which they will just vanish if you haven’t used them.

How To Pick Colombia’s Top Betting Sites πŸ†

We advise choosing one of our top 10 recommended Colombian betting sites right away if you want to get started as soon as possible or simply want to make sure you’re working with a reputable company.

However, you’re more than welcome to locate your own bookie if that’s what you’d want. We advise following any or all of the following recommendations when you conduct your search:

  • Verify that the company does, in fact, accept Colombian customs;
  •  Determine whether you may make payments and wagers in COP directly.
  • Check that the website accepts at least one acceptable form of payment.
  • Check to see if the website has a Spanish-language version available.
  • Check sure your favourite sports and wager kinds are represented in the list of betting markets.
  • Examine the platform’s user interface to determine how intuitive and usable it is.
  • If you are a mobile bettor, download and use the brand’s app.
  • Compare the odds provided by the brand to those provided by its rivals.
  • Check out the platform’s features, such as in-play and live streaming.
  • Check the site’s security measures, as well as the reputation of the brand overall among both loyal customers and detractors.
  • Ensure the operator has at least one licence from a regulatory agency.

Sports Betting Options For Colombians πŸ’Ž

Colombian bettors are incredibly fortunate to have access to a huge variety of sports to wager on. On the majority of contemporary betting sites, they should range from 20 to 30 or more, with some giving even more. Before receiving a more comprehensive rundown of your other possibilities, let’s take a closer look at some of the most well-liked betting markets in Colombia.

Betting sites for football

Colombia is the epitome of a nation obsessed with soccer. It comes as no surprise that the majority of Colombian betting sites prioritise football since it is unquestionably the most popular sport in the country.

The scope of the coverage is usually quite broad. You can bet on every major local, continental, and international event in addition to lower-league games and minor football. Importantly, bets can be placed on every match involving the Colombian national team and the Primera A of Colombia. It comes as no surprise that football receives more specialised advertisements than any other sport given how popular it is as a market.

Best Practice: By far and away, football offers the most different forms of bets. Look for opportunities to combine pre-match, in-play, and outright bets wherever you see them.

Betting sites for cyclists

Many people enjoy cycling across the world, but Colombians take it very seriously. Compared to citizens in other nations, they frequently follow the professional scene more attentively, and it also attracts a lot of betting interest.

Thankfully, the bulk of Colombian betting websites will feature a section dedicated to cycling. It’s true that there won’t be as much diversity here as there is in the football areas, and wagers here typically just feature the undisputed competition winner. However, a wide variety of those tournaments are still offered, including important occasions in South America, Europe, and other regions.

Best Practice: Look at the fact that the majority of cycling wagers are outright bets as a plus. Thus, you have plenty of time before each competition to acquire betting advice, read professional analysis, examine the form of each rider, and more.

Sites for Baseball Betting

Baseball is one of the most watched sports in Colombia, and bookmakers pay close attention to it as well. Naturally, Major League Baseball in the United States receives the large majority of that money. With pre-match, live, and outright markets all being simple to locate, this enjoys strong coverage across betting websites. Baseball betting on leagues in nations like Japan and South Korea is also permitted by the most devoted bookmakers, but this is far less common.

Top Tip: Baseball is the ideal sport for live betting because of how slowly paced it is. You have lots of chances to think about putting and winning in-play bets during the many intermissions between innings.

Additional Betting Sites

The majority of Colombian betting companies will offer you 20 or more sports to bet on in addition to the three markets mentioned above. Heavy hitters like tennis, golf, athletics, racing, and other sports are typically included in these. Boxing, MMA, and other combat sports get excellent coverage, as do US sports like the NFL and NBA. The variety and quality of eSports betting markets are also constantly expanding, and the majority of bookmakers will round out their selection with a few additional specialised options, such handball and chess.

Colombia Betting Sites | Payment Options πŸ’Έ

The amount of options available to Colombian gamblers in this area is also pleasing. Naturally, you may make payments on all contemporary betting sites using debit cards and bank transfers. However, the vast majority will provide you more choices as well. These might include bitcoins, prepaid cards, or eWallets like PayPal that will help you maintain your privacy.

Because of the nation’s comparatively permissive gambling laws, businesses can also take payments and wagers in COP. Occasionally, although thankfully infrequently, you might need to utilise another money, such as USD or EUR. You can use well-known payment options like PSE or Exito elsewhere in Colombia with relative ease.

Payment MethodFeesMin DepositMin Withdrawal
Debit/credit card0%$10,000$10,000
Bank Transfer0% (banks may charge)$10,000$10,000
PSE0%$10,000N/A
Exito0%$10,000$1,000
Neteller1.9-4.95%$10,000$1,000
Skrill0% (withdrawal fee may apply)$10,000$1,000
Cryptocurrencies0%0.001 BTC (223,000 COP)0.005 BTC (1.1 million COP)

How to Register for a Bookmaker Account in Colombia πŸ“

No of your degree of knowledge, Colombian betting sites today tend to be quite simple to use. The few actions you need to do to start betting on them only take a very short amount of time.

First, choose a brand.

Selecting a bookmaker to work with should be your first step. For the purposes of this tutorial, we’ll presume you’ll choose Betfair, although any of our other nine top picks would be a great choice.

Step 2: Register for An Account

Go to the homepage of the bookmaker of your choice, and then select the “Register” or “Sign Up” button, which is typically found in the top-right corner. Complete the registration procedure by either setting your account details or providing your personal information (such as your address or date of birth) (i.e. your username and password).

Making a deposit is step three.

It’s time to fund your account now that it has been established. Verify that you are logged in before selecting the “Deposit” or “Cashier” button. A list of your choices will now be visible. Select the one you want to use, enter the deposit amount, fill out the necessary information, and then complete the payment.

Step 4: Place Your Bet

Now that your account is funded, you may start placing bets. Return to the homepage and select a sport from the list on the left. Find the game you want to gamble on, select your favourite bet type by clicking the odds next to it, enter your stake in your betslip, and then confirm the bet.

Verify Your Identity in Step 5

Typically, you’ll need to provide identification proof before you may withdraw any funds from your account. Although it may appear difficult, this is a crucial anti-fraud precaution and is actually rather simple to carry out. Simply give the support staff photographs of a piece of photo ID and another document that shows your address by using the document uploader facility or the live chat option.

Step 6: Take Your Winnings Out

You can withdraw your winnings after your identification has been confirmed. Return to the “Cashier” area, choose “Withdraw,” and then select a payment option from the list. Once more, all you have to do to collect your money is enter a sum, supply any relevant information, and then complete the transaction.

Colombia’s foundation for gambling law applies to sports betting πŸ“œ

Since the colonial era, gambling has existed in Colombia. In 1943, Colombia’s government granted its first casino gaming licence. The government reviewed the gambling legislation in Colombia almost 35 years later, in 1977 and 1978, respectively, opening the door for a thriving sector. In 1991, the state that held the monopoly over gambling controlled all related enterprises.

Coljuegos has been in charge of overseeing the nation’s betting market since 3 November 2011. Online sports betting is governed by the Colombian eGaming Act, which went into effect in 2016. Coljuegos has so far granted 17 online betting licences to largely regional businesses including ColBet, Wplay, Zamba, and BetPlay. The Colombian gambling tax for licensees is 15% of their gross gaming revenue plus an additional 1% for Coljuegos’ administrative oversight.

Colombia Betting Sites | Best 5 Betting Advice 🀝

There is never a guarantee that you will truly profit from your sports betting, just like in any other nation. However, there are steps you can take to increase your odds, and these are some of the most crucial ones.

First, make a stake plan.

Before even signing up with a bookmaker, we advise starting with this. Determine the exact amount you are willing to risk on your sports betting over the course of a particular week or month. The average stake is then calculated by dividing the first number by the maximum number of bets you wish to put within that time frame. After then, staying inside that budget is a wonderful method to manage your expenditures.

Have multiple accounts (tip #2)

There is no requirement that you stick with just one bookmaker. In actuality, having numerous accounts has two key advantages. It not only enables you to take advantage of a number of welcome bonuses, but also allows you to compare prices on a particular market and place your wager with the bookmaker with the best odds.

Tip #3: Conduct research

Your betting predictions will be more accurate the more time you invest in them. Before placing your bets, gather as much information as you can by consulting professional betting advice, the viewpoints of other casual gamblers, your own statistical analysis, and so on.

Use those promotions, tip #4

While some offers aim to increase your winnings, others aim to cut down on your losses. All betting promos, regardless of how they are specifically presented, have one thing in common: they make your money go further. As a result, you ought to apply them whenever and everywhere you can.

Tip #5: Follow Along

It doesn’t matter if you’re watching cable TV, an online subscription service, or a live streaming bookmaker. You should absolutely watch the games you wish to wager on if you can. This will be of great assistance to you when deciding when to place or cash out live bets. Of course, it also makes betting much more entertaining overall.

Conclusion

Colombians can consider themselves incredibly fortunate when you consider the challenges that residents of other nations face while trying to place bets online. Due to Colombia’s favourable gambling legislation, there is a wide selection of both domestic and foreign betting sites for you to pick from if you live there. After reading this post, you are aware of the top 10 choices in this category, and you can see a reminder of our top choice below. All that’s left to do is decide which bookmaker you’ll use, join up to activate the welcome bonus, and begin placing your own bets.

FAQ

Is gaming permitted in Colombia?

Colombia has gambling regulations. There are presently 17 local licenced online sportsbooks available in the nation, including global names like Bwin Colombia and Betfair. Bet365 and other foreign bookmakers intend to submit applications for a local licence as well.

Do Colombian taxes my gambling winnings?

Gambling winnings are not subject to tax. The gross gaming revenue of all approved Colombian gambling websites is subject to a 15% tax, in addition to an extra tax of up to 1% for Coljuegos administrative costs.

Does Betfair accept players from Colombia?

Since it holds a local licence as of February 4, 2021, Betfair Colombia provides its services to players living throughout the entire nation. It is one of the best international bookmakers that legally operates in the area and offers a wide range of betting options and extremely competitive odds.

In Colombia, is Bet365 permissible?

Bet365 Colombia does not currently accept players from the nation. The well-known online bookmaker intends to later submit an application for a municipal licence. However, it won’t provide its services to Colombians until that time.

Does 1xBet accept bets from Colombians?

Local punters are accepted by 1xBet Colombia, which provides them with a full sports betting package. They can select from more than 50 sports and 60,000 pre-match events each month, to be more precise.

What Are Colombia’s Top Betting Sites?

At the top of this page, we have a list of the top 10 bookmakers. Our top choice here is Codere, but all nine of the other brands are great choices as well.

Are There Websites For NFL Betting In Colombia?

Plenty. Colombian betting sites cover the NFL very effectively, and the vast majority of them have an American Football section set up.

How can I tell if a betting site in Colombia is legitimate?

You should first confirm that the brand has at least one licence. After that, take sure to examine the organization’s history and reputation among punters and critics.

Karina Peterson
More than 15 years in the gambling industry, working for the big players in the affiliation market. I won't name them, you know them. Also I enjoy seeing a new project taking life and expanding like this one.
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