Allowed Betting Sites in Colombia

We have compiled a list of the best online bookmakers for Colombian players.

The best online betting sites in Colombia

In our guide to online and land-based gambling in Colombia, we include everything you need to know about the country’s thriving industry. We also give you insights into gaming legislation and a list of the best betting sites in Colombia.

Codere 8.6	Rating: 8.6	Positives The app includes 25 types of sports, including curling and racquetball, and hundreds of daily events. Easy access to game-related information Pre-match and live betting odds Negatives We do not accept cryptocurrency payments. Codere is one of Colombia's most popular online sportsbooks, with a wide range of sports betting options. They offer live betting on soccer leagues, as well as virtual betting. In addition to their extensive online sportsbook, they also offer live betting and gaming services.	Claim Bonus
Rivalo 5.1	Get €90/$100 Bonus Rating: 5.1	Positives The site features 25 sport types, hundreds of daily events and a live ticker. Easy access to all the information you need Pre-match and live betting odds Negatives Does not accept cryptocurrency payments. Rivalo is a popular betting site in Colombia with a huge number of loyal customers. The site was established in 2013 and offers hundreds of daily events with comparable live betting odds, licensed by the government, and many other features.	Claim Bonus
Pinnacle 7.5	Rating: 7.5	Positives The platform offers more than 1,000 matches per week, live events and other content. This section provides new players with an extensive glossary of betting terms. Offers single, double and combination wagers Negatives Does not offer live streaming Pinnacle Sports provides betting for more than twenty sports. They offer live betting, pre-match betting, esports and casino games. They deliver a mobile-friendly environment and extensive local and international sports leagues coverage.	Claim Bonus
BetWinner	Welcome OfferOferta de 100% até 130 EUR	Positives Live previewing and betting on sports events Accurate and up-to-date information It offers many different odds formats. Negatives Colombia's currency, the peso, is not accepted here. As one of the most popular sports betting sites in Colombia, Betwinner has a strong connection to Colombia and offers pre-match and live betting for over 30 sports. Moreover, the site offers competitive odds for numerous international leagues and competitive promotions for mobile deposits and withdrawals.	Claim Bonus
LibraBet 5.9	Rating: 5.9	Positives We offer over 1,000 pre-match and live betting events each day. Live betting bonuses, Accumulator boosts and other promotions Live streaming services are available to all. Negatives The odds format allows you to choose between Decimal, Fractional and American. Librabet is a top 6 betting site for Colombian sports punters who enjoy live betting, virtual sports, esports and casino games. The site has over 25 sports and a large selection of casino games. It also has favourable odds and offers multiple odd formats to bet on.	Claim Bonus
MELbet 8.3	Rating: 8.3	Positives Live betting and streaming are available to our users. Offers competitive odds for your favorite sports. Results from matches and events Negatives Doesn't let you build bets. Melbet is a bookmaker with many years of experience in the South American market. They offer a diverse betting platform, including sports betting and casino games in multiple languages and currencies. With over 1,000 pre-match events daily and hundreds of alternative betting options, Melbet is our 6th recommended bookmaker for Colombia.	Claim Bonus

Bonus offers from Colombian Bookmakers

Bonuses from Colombian bookmakers are often as diverse as the bookmakers themselves. New player bonuses, reload bonuses, and odds boosts are common, while accumulator bonuses are offered alongside other perks.

Colombia’s Bookmakers Comparison

Colombia’s betting industry is highly competitive; most gambling establishments face stiff competition from the two largest operators: CIRSA and Codere Group. These companies have substantial market share, which they use to keep their competitors at bay.

Although the introduction of offshore betting licensed has only fueled competition between online and land-based operators, there is evidence to indicate that it is benefiting punters by offering perks.

The Features and Options of Colombian Bookmakers

To attract Colombian punters and increase overall usability, bookmakers offer various betting features. These are designed to enhance the sports betting experience.

Cash Out

Cash out is a betting feature offered by many Colombian online bookmakers. It allows you to cash in your bet before the end of a sporting event and control how much of your stake you want to risk on the outcome of that event.

Bet Builder

The bet builder feature gives you the option of combining multiple bets into a single bet. All related payouts are calculated and displayed in the results.

Live Betting

Live betting is one of the main reasons why people choose to bet with a bookie. It allows them to access hundreds of in-play sports events, so it’s become a top choice for punters.

Live Streaming

Colombian bookmakers offer streaming services next to live betting. This means that you can stream sporting events while placing live bets on those events at the same time.

What are the available Payment Methods in Colombia?

In Colombia, you can use cryptocurrencies, debit cards and credit cards to pay for goods and services. Cryptocurrencies are the most widely used payment method in the country, followed closely by debit cards and credit cards. The main reason why Colombians prefer cryptocurrencies is because they cost much less than traditional methods such as cash or checks.

• Visa
• Trustly
• MasterCard
• ApplePay

In terms of minimums, Colombian bookmakers generally conform to the same standards as elsewhere. However, for casinos that do not offer crypto payment methods, a $10 deposit is required to open an account. Withdrawals are also slightly higher at $20.

What are the most popular sports for betting in Colombia?

In Colombia, the most popular sports for betting are football, cycling, martial arts, motorsports and basketball.

• In Colombia, football is the national sport and has strong representation at the university level. This is due to football having multiple leagues in Colombia and being a national pastime.
• Cycling is a popular sport in Colombia. The weather conditions make it particularly good for cycling, as does the large number of cyclists who visit the country every year.
• Martial arts are popular in Colombia, where many people practice the sport for exercise and self-defense.
• Motorsports is a popular choice for bettors who enjoy racing. Formula 1 and other open seat races rank high on the list of favorite motorsports.
• Basketball is one of the most popular college sports in the United States. As a result, basketball betting fans are likely to bet on local or international college teams or on NBA teams.

Are online casinos available in Colombia?

The passing of Law No. 643/2001 and its subsequent amendments have made online casinos in Colombia legal. Online casinos licensed in Colombia provide a wide variety of gaming options, including live casino games, slots and table games. In addition to their traditional game selections, Colombian online casinos include other gaming categories such as poker and scratchcards.

As an alternative to traditional land-based casinos, online casinos are growing in popularity among Colombian bettors. A significant reason for this is the removal of the monopoly held by land-based operators in the country. Another factor responsible for growth in the online casino sector is the higher payouts and game quality.

What are the most popular mobile betting options in Colombia?

Colombian bettors have more betting options than their counterparts in other countries. Sports and casino betting are legal in the country, which means that there are plenty of ways for people to place bets. The most popular way is by using an app or mobile website, which offer a secure platform for people to place bets.

Online bookmakers do not charge for downloading apps, nor do they charge for the use of their mobile betting sites. You can also use them to make payments and access the betting application. Both functions are integrated into the online platform, so you will always be able to access everything with just one click.

Gambling Legislation and Laws in Colombia

After Colombian lawmakers passed Law No. 643/2001 in 2001, the government gave Coljuegos the authority to set new rules and issue decrees, which allowed for 25 commercial casinos to operate in Colombia.

The Colombian National Gaming Authority regulates the gambling industry, giving it the right to award third party concessions. This has led to a semi-state monopoly whereby most gaming establishments are operated by two companies: CIRSA and Codere Group. All third parties issued concessions must pay royalties used to fund public health services, but they do not have to pay taxes on revenue.

The Gambling Act of 2001 allows gambling companies to operate in the country. These companies may offer regional lotteries, horse racing and other games of chance such as slots and table games. They are permitted to legally offer the same type of games to those over 18. However, unlike land-based casinos, offshore companies must pay a 15% tax and pay both variable and fixed regulatory fees.

Facts about betting in Colombia.

As the first South American country to legalize gambling, Colombia has many interesting facts about betting. Here are six trivia we found interesting:

• The government of Colombia blocked over 320 websites offering unlicensed gambling services in 2017.
• According to a recent report, about $1.4 billion in revenue is generated from gambling activities in Colombia each year.
• According to a recent survey, 55% of Colombians visit casinos at least once a month.
• Online casinos operated in Colombia in 2020 generated more than $3 million for the government of Colombia.
• Bogota has 24 gambling establishments, while Medellin has 17.
• The largest casino in Pereira is home to nearly 400 gaming machines and over 20 gaming tables.

Betting habits in Colombia are somewhat muted, as limited information is available. It’s unclear exactly how many people bet, but we do know that the average active gambler is quite diverse. A few demographic statistics are available: most gamblers are males aged between 18 and 65, and they prefer sports betting over casino gambling. The gender split is slightly more even (55%) overall than in the US or UK – but female gamblers still account for just a quarter of gaming revenue in Colombia.

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