Colombia

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Colombia

Thanks to legal online betting, there are numerous sport bets Colombia sites in the gateway to South America. It is simple to sign up at SBO.net and bet on your favourite sporting activities since we have compiled a straightforward and impartial register of the top bookmakers.

Our guide contains details about the legality of internet gambling in Colombia, frequent payment gateways, and other related stuffs.

Best Betting Sites in Colombia

1xBet Sports Review
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22Bet Bookmaker Review
Available in over 30 languages Over 1000 events offered every day Extensive list of banking methods 24/7 customer service support Cryptocurrency accepted
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100% up to €122

Top Betting Sites in Colombia – March 2024

Flag of Colombia

The South American nation of Colombia has established itself as one of the most advanced in its approach to online gaming. The government realized that there was a chance to partner with Colombian sports betting platforms and collect huge amounts of taxes. As a result, this resulted in the legalization of internet gambling in Colombia in 2016.

The eGaming Act has led to the formation of Coljuegos as the government’s regulatory authority for the online gaming industry. Any website that offers gambling services and wants to be a legal entity in Colombia must comply with its rigorous regulations which are put in place to safeguard gamblers round-the-clock.

The 2017 legalisation of online sports betting exchanges and virtual sports betting, combined with the early success of the legislation, has intensified this trend. This was a highly successful move for Colombia to legalize it as seen by a 106.3% increase in revenue from online gambling alone generated by licensees to $19.6 million in 2019.

The Coljuegos does not include international sports betting operators. However, there is no law against Colombian citizens accessing them.

However, ISPs have blocked some foreign betting sites that take Colombian bets. But the good news is that almost all major online bookmakers are accessible in Colombia with security and you would not be short of choices for sure.

What Do the Best Colombian Betting Sites Offer?

Our website, SBO.net, has a team of experienced reviewers who have been gambling online for years. They ensure that you only use the best and safe Colombian betting sites as we review them through rigorous criteria to come up with the best choices possible.

Some of the various aspects we look at when going through and listing the top-rated bookie Colombian sites are as follows;

Number of Sports Covered

We know that you, as a passionate bettor, like to bet on many different sports. Yes, this is why our recommended sites have it all for you. That is why you may also find opportunities to gamble on various other games such as baseball, motor racing, American soccer and the like.

Variety of Payment Methods

Betting sites should allow for quick and easy deposits. The top Colombian betting platforms understand that the ability to make instant deposits and have lightning speed withdrawals is vital. Nevertheless, a payment method that one player may find convenient might not be so for another; therefore, it is good to have many options. Countless safe and secure payment methods are available at the suggested websites.

Customer Service

For Colombian bookies to keep bettors informed and happy, good customer service is always vital. We demand for quick and knowledgeable support agents to be at hand. While email and telephone support should be the norm, we prefer sites that have live chat services which are accessible around the clock. Even more, sites with Spanish-speaking support agents get a higher rating from us.

Popular Payment Methods at Colombian Betting Sites

You can take your pick from a wide range of payment methods with the legalisation of online sports betting in Colombia. All fast, secure and almost free to use for all transactions. Here’s a brief look at some of the most popular payment options among Colombian clients:

Credit and Debit Cards

Visa and mastercard have the highest numbers of popular credit and debit cards. It is common to see Colombians take out their cards, enter their CVV digits on sports betting websites because they make it a quick process of depositing money into their bookmaking accounts.

Another advantage of using credit and debit cards to deposit at Colombian sportsbooks is that you can easily withdraw your winnings back to the card which you used for deposit purposes.

E-Wallets

Digital wallets have been proven over time to be the fastest means of depositing money into one’s sportsbook account. E-wallets such as Skrill and NETELLER are examples of such digital wallets than can allow you to transfer funds from your bank account onto your betting site in a fraction of a second.

You can even withdraw to your e-wallet such that your bank would not have knowledge of the money that came from a sports betting site. This is a big advantage if you want to gamble on many sites.

Cryptocurrencies

Cryptocurrencies are now being used as a means of payment on many gambling sites in Colombia. Transaction processing is fast, cost-effective, and it has state-of-the-art security protocols to ensure the safety of your funds.

Bitcoin gambling has been a hit in the recent past but that does not mean that other betting sites refuse other cryptocurrencies; Ethereum and Litecoin for example.

Colombia supporters in stadium

Mobile Sports Betting in Colombia

Online sports betting offers numerous opportunities, one of which is finding a good chance and the need to bet promptly. A laptop is not enough since you might need it for placing wagers at all times. Instead, you should be able to make use of your smartphone or tablet.

The apparent advantage of mobile betting apps is that you can place your bets wherever, and whenever.

The Colombian bookmaking websites featured here all offer dedicated mobile apps. In instances where there are no official apps, HTML5 technology has been employed to develop sites of this kind which implies that you can place browse and bet directly on your web browser. Live betting is made easy with sports betting app too.

It means that in live betting, you make more than a prediction on the outcome of a football game or any sporting event. Rather, the odds will keep fluctuating as time goes on.

When you see a betting opportunity, it’s much easier to reach into your pocket and pull out your phone than to start up your desktop or laptop. However, by the time you finish doing this, the odds could have changed dramatically and that bet you intended to place may have been suspended or the odds could change so much that there is no point in placing it.

Is the Colombian Peso Accepted at Sports Betting Sites?

While some of the indigenous gambling places will allow the Colombian peso (COP), this is not the case with most international betting websites. For them, it is easier for customers to change first into other currencies and many platforms work best with major currencies like British Pounds, Euros or US Dollars.

Athletes from various sports

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

For Colombians, sport is a passion. Football like in the rest of South America is the favored game to bet on and watch. Cycling and baseball also receive massive attention at Colombia’s best sportsbooks, you are about to know why.

Football

Despite Colombia’s failure to win many championships, it was able to reach the tournament’s quarter-finals in 2014. Categoría Primera A is the most important football league in Colombia. Out of them all, Millionarios and Deportivo Cali are some of the twenty teams who compete for a title each year.

The outright betting options in this case include forecasting the winner of a league or the one with most goals scored by a player. Every game will have several markets including match outcome, first scorer, cards and total goals. Also, live bet may add to gamblers’ revenues.

Cycling

World-class cyclists have emerged from Colombia over the years, and it is a national obsession to track the exploits of road cycling stars. On prestigious grand tour events like Tour de France and Giro d’Italia, just a few names are Chaves, Gaviria, Quintana or Uran Bernal of today. The 2019 French edition was won by Bernal thereby becoming the first Colombian ever to win Tour de France.

Regarding betting on cycling, key markets include the winner of the event and the individual stage. At its largest, there are also odds for success in sprint King of The Mountains jersey from top websites.

Baseball

Colombia is a big baseball nation. It is possible to find betting markets on the domestic Colombian Professional Baseball League (LCBP) for those who are fans of sports betting. There is, however, a lot of interest in Major League Baseball (MLB) in America as well. You can place bets on these baseball leagues at our suggested betting sites for Colombians, which feature market segments such as match winner and total runs scored among others.

Colombia Betting FAQs

Can you gamble online in Colombia?

Yes! Online gambling has been legal in Colombia since the introduction of the eGaming Act in 2016. In 2017, the legislation extended to cover sports betting exchanges and betting on virtual sports. Read this page to discover the best Colombian betting sites and everything else you need to know.

What is the official gambling authority in Colombia?

The Coljuegos is the regulatory body responsible for licensing and monitoring gambling websites in Colombia. All primary forms of online gambling, including casinos and sports betting, are covered by the body. The body’s role is to protect customers and raise tax revenue for the government.

How can I deposit at Colombian betting sites?

There are many ways to fund betting sites in Colombia. The most common method is using Mastercard or Visa-branded debit or credit cards. E-wallets like Skrill or Neteller are also popular options, while many betting sites now accept cryptocurrencies like Bitcoin and Ethereum.
Q.

Are online sports betting winnings taxed in Colombia?

A.
Colombian sports betting customers do not pay taxes on winnings. However, the Coljuegos – the regulatory body responsible for online gambling – does tax the revenues generated by betting sites.
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