Paraguay Betting Sites ✅
What are the best betting sites in Paraguay, and how can you get a free bet? Here it is the answer!
A South American nation called Paraguay is home to approximately 7.300.000 million people. Legendary football players Roque Santa Cruz and José Luis Chilavert were born there. The first casino in Paraguay was established in 1943. The Hipódromo de Asunción, which was constructed in 1954, was a major draw. To regulate all gambling activities, the National Committee of Games of Chance (CONAJZAR) was established in 1997. Online gambling is currently unregulated. International sportsbooks are not authorised locally in Paraguay. There is no legal restriction on players using their websites to place bets, though.
Five things to know about gambling in Paraguay:
- The minimum age to gamble there is 18;
- There aren’t any authorised internet bookies operating there right now;
- Money laundering occurs when an illegal internet bookmaker is operated.
- The possibility of licences for online sportsbooks in 2022 Up to $75 in winnings are exempt from taxation;
- thereafter, an 8% tax is applied.
Active players: 600.000
Currency: Paraguayan guaraní (PYG)
Regulated gambling products: Sports betting, casino games, lottery, horse racing
Designated authority: National Committee Of Games Of Chance
Operator types: Unlicensed online bookmakers & casinos, land-based betting shops and casinos
The legal landscape of paraguayan online gambling 📝
Since the passage of Law No. 1016 in 1997, gambling is prohibited in Paraguay. The National Committee Of Games Of Chance, often known as CONAJZAR, is the governing body in charge. Online gambling is not covered by the present laws. As a result, online gambling operators cannot operate in Paraguay. However, there are many nearby bookmakers that are compliant with the law. However, it is important to keep in mind that soon, the government intends to regulate the online environment.
Important details for Paraguayan gamblers
In Paraguay, there are no legal online bookmakers. Locals are therefore required by law to only wager in brick and mortar casinos. However, there hasn’t been any legal action taken against anyone who prefer to bet with unregulated foreign bookmakers online. Up to $75 in betting winnings are exempt from taxation; however, above this amount, an 8% tax is applied.
How to deposit money at online bookmakers, Paraguay bet
Local gamblers are accustomed to using debit and credit cards. However, people who choose foreign betting sites in Paraguay favour e-wallets like Skrill and Neteller. Since they prioritise safety, they take care to steer clear of techniques that could reveal their personal information, such as credit cards or bank wires.
Future of Paraguayan internet gambling
The demand for internet gambling sector regulation is expanding as the brick-and-mortar betting market thrives. This is because more and more gamblers in Paraguay choose foreign gambling sites over local brick-and-mortar bookmakers to place their wagers. The present law was passed in 1997, thus it has to be updated to reflect the current state of the gaming industry.
Enjoy the Top Paraguay Bookmakers Each Time You Play ❤️
The difference between the greatest betting sites in Paraguay and the poorest can be rather obvious, so it is recommended to stay away from the latter whenever possible. Because marketing can be so powerful and persuasive, it can be challenging to differentiate between good and bad products based solely on advertising.
You will therefore need a constantly updated resource that you can refer to time and time again in order to locate the best online bookies in Paraguay each time you play. The good news is that you’ve already found this useful resource, which is presented to you in the form of the extensive list you’re viewing. You will never require more than that to identify the top options and avoid the rest.
To take advantage of this information whenever you need it, all you have to do is save this page to your favourites and visit it whenever you’re thinking about joining a new site. You will be fully equipped with the knowledge necessary to make an informed decision on where to play. This is the reason why more and more individuals are using our list.
Information on Paraguayan online gambling 🔍
All significant forms of gambling are legal in Paraguay, the landlocked nation known as the “Heart of South America” and home to 7.3 million people. The most significant piece of gaming legislation is Law No. 10161, which was passed in 1997. Despite the fact that only licenced gambling establishments are allowed to operate, there have long been hundreds of illegally operating slot halls. As a result, the authorities started to crack down on these companies in 2005. These companies were typically controlled by organised crime gangs.
Online gaming is legal in Paraguay as well. Online gambling was originally legalised in 2015, despite the fact that the majority of Internet gaming legislation dates from 2017. On the other hand, businesses that operate illegally are guilty of a crime, and the government will not hold back in bringing legal action against them. The government regulates sports betting. Since 2018, it has been permissible to wager on sports online; nevertheless, there is now just one licenced company, Daruma Sam SA, which has a monopoly through 2023. Others are deemed illegal, but this has never been enforced on a player-by-player basis; only corporations have been singled out.
There is Process for Analyzing Everything on Offer Clearly 🍀
Due to the commitment of our team, we are able to provide our readers with comprehensive information about what each new and current Paraguay online casino has to offer in our reviews. Every aspect of the service, enjoyment, fun, or excitement is assessed and given a rating.
Here are a few of the elements we take into account:
The following factors should be considered:
• Levels of accessibility and customer service
• Acceptance of both traditional and electronic payment methods
• Fairness of wagering requirements for welcome bonuses
• Player protection provided by website security
• Performance of bookmakers on all digital devices
• Time required for prizes to be paid out to players
• Language options for foreign players
Even with this small sample, you can see how thorough our reviews are. The list of parameters we evaluate might go on forever, such as the enormous selection of sports and eSports marketplaces available.
Gambling on sports in Paraguay ⚽
In Paraguay, there is only one type of authorised sports betting, known as Bet-Book. It is managed by VIBA S.A., which obtained a licence from the National Committee of games of chance to handle Bet-Book back in 2005.
Players can wager on governmental, sporting, and cultural events at Bet-Book. In the majority of Paraguayan cities, street vendors sell Bet-Book tickets. In Paraguay, Bet-Book is the sole authorised sportsbook. Other bookmakers occasionally operate illegal operations, but these are risky to transfer money to because they are rapidly taken down.
Paraguayan sports betting online 🎯
Use of foreign online sportsbooks is the sole alternative to betting with Bet-Book. These websites are operated from jurisdictions over which the government of Paraguay has no control.
Although the authorities does not like it, there is little they can do to prevent gamblers from placing wagers at international gambling websites. These international online bookmakers will provide a large selection of bet types for several local and international games and events.
Although some online sportsbooks welcome players from Paraguay and others do not, these online bookmakers continue to be the sole option to Bet-Book, the sports betting monopoly in Paraguay.
What are the top bookmakers and sports betting websites for Paraguay? 🎖️
Although there aren’t any online sportsbooks operating in this nation, paraguayan sports gamblers aren’t completely out of luck. Many of the best online bookmakers in the world accept wagers from Paraguayans.
The majority of these bookies are regarded internationally and adhere to the greatest industry standards even though they are not licenced or regulated locally. A few of the high stakes betting sites that are also popular with Uruguayan gamblers on betting sites include Sportsbet and PAF, which also provide the best service for players with smaller bets.
SportingBet, Bethard, and Bets10 are the online bookmakers that bettors choose when they want simple payment methods and features like cash out betting. Sports bettors in Paraguay are aware that these operators offer mobile betting apps and promotions to make betting simple. There are numerous excellent online bookies available for sports bettors in Paraguay, including 888 and Interwetten, as well as market leaders YouWin and Dafabet. If you’re looking for an online bookmaker, make sure to read through Gamblingjudge.com’s in-depth reviews of several bookmakers. Don’t forget to take advantage of some of the numerous gaming incentives that are available there.
Which Sports are Most Popular in Paraguay? 📈
Sports undoubtedly play a significant role in the daily lives of many people in this city of around 7 million. Both the national teams of basketball and volleyball have seen success on the international stage over the course of many years.
Here, both viewers and sports bettors place a great value on tennis and rugby union. Golf, motor sports, futsal, and rowing are some of the other well-liked activities in Paraguay. Soccer is without a doubt the sport that is most popular. At various levels, there are nearly 1,600 teams competing.
Are there any free bets or bonuses for sports betting available to Paraguayan players? 💸
Fans of sports betting in Paraguay who enjoy receiving bonuses have a lot of options. While it’s simple to obtain €25 in free bets from BetVictor, many gamblers enjoy the €50 free bet welcome bonuses at 12Bet.
18Bet offers €50 cash incentives for those who would want to have actual money in their bonus accounts. SBObet welcomes new customers with a chilly €180 EUR. Check out ComeOn’s $300 betting deal if you’re looking for something a little greater.
You can find a list of sportsbooks reviews and a tonne of other fantastic bonuses at onehundredgamblers.com, where you can also choose the finest online bookmaker.
Is gambling on sports permitted in Paraguay?
Online gambling is not regulated in Paraguay. However, Paraguayans can access foreign bookies like Bet365 and Bwin because they value their great odds, payment security, and quick withdrawals.
Is Paraguay going to tax my gaming winnings?
Since 2020, a new gambling law in Paraguay has been in effect addressing wins. It states that any gaming earnings above $75 are subject to an 8% tax rate.
Does Bet365 accept players from Paraguay?
The biggest bookmaker in the globe that takes wagers from locals is Bet365 Paraguay. It provides a wide range of daily betting markets and bonuses, high odds, and 15+ payouts.
Can I place bets on Bwin from Paraguay?
Leading international bookmaker Bwin Paraguay welcomes bettors from all regions of the nation. There are several markets available, high odds, wonderful promos, and more than 20 deposit options.
Does 1xBet take wagers from Paraguayans?
Despite not having a local licence, 1xBet Paraguay provides its services to players in the nation without any legal difficulties. One of the main international bookmakers operating in the area, it offers a wide range of betting opportunities and highly competitive odds.
Do Paraguayan sportsbook users have to pay taxes on their winnings?
They actually don’t. Regardless of their size, all winnings on bookies are tax-free.
What age must you be in Paraguay to place an online wager?
Like in much of the continent, the legal age to gamble online is 18. To play legally at an online sportsbook, you’ll typically be asked to upload some sort of photo ID to prove your age.
Is simultaneous registration with multiple Paraguay bookmakers possible?
Yes. In actuality, a lot of Paraguayans do this because it provides them access to more games and welcome incentives.