Allowed Betting Sites in Ecuador
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In this article, we will provide information on the best Ecuadorian betting sites, including their bonuses and disadvantages.
Ecuador’s past approach to gambling, along with its current laws, provide bettors with many options. This is good news for those who want to make bets on sports and horses, because their freedom is not limited by an overzealous government that tries to limit their liberties. Fortunately for these people, there are many different online betting sites available for them to choose from. Whether conditions will adapt to the growing acceptance of land-based betting in South America is anyone’s guess; however, there is hope that this could happen soon.
Ecuador is a country located in the Western hemisphere. It borders Peru and Columbia and is home to the famous Galapagos Islands. The country has a population of over 17 million people, who use the American dollar as their national currency. Gambling has historically been illegal in Ecuador, but this law has recently been relaxed as well.
The best online betting sites in Ecuador
This guide will explain Ecuador’s current laws on gambling and provide a list of the country’s best online betting sites, along with information about its sports betting. The guide also includes details about payment methods, features and mobile options for those who want to visit a casino in Ecuador.
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1xBet is a bookmaker that was established in 2003 and has since grown into a respected site for sports betting. The bookie now offers options for pre-match betting, live betting and fixed odds betting on over one hundred sports. As part of their philosophy, 1xBet offers generous betting features such as live streaming of sporting events. In addition to this, they offer six different kinds of odds formats over 65 languages across their various platforms: casino, esports, poker, lotto and live casino. Finally they also offer multiple mobile options which include an easy-to-use support centre, as well as cryptocurrency friendly options.
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Betway is a leading global betting company that has been around since 2006. They're home to hundreds of pre-match and in-play sports events with favourable odds, including live streaming, post-game analysis and free betting tips. In addition to its established sports betting business, Betway enhances the entertainment value it delivers with an online casino. Furthermore, they bring eSports betting opportunities to the table.
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A highly regarded brand, 22Bet has developed into a top sportsbook based in Cyprus. The player-friendly site offers live betting, fixed odds and pre-match sports on more than 30 markets. 22Bet also has options for mobile betting including live casino, an online bingo room and TV games. This is all complemented with 24/7 support services.
Sportaza is a sports betting site that offers punters access to over 28 different sports markets. The site includes hundreds of weekly match odds and has a dedicated team working hard to give you competitive odds and pricing for each match. They also offer various player-preferred betting features, such as early cash out option. However, this is not the only side of Sportaza: horse racing, casino games are available, as well as virtual reality gaming or eSports matches!
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William Hill is a high-quality sportsbook and betting site, with origins dating back more than 80 years. With betting shops located worldwide, William Hill offers online sports betting to customers in Ecuador. The sportsbook offers hundreds of betting markets and low minimum stakes for pre-match betting. In addition to this, it offers punters an appropriate number of selections in an online gambling environment licensed by the government.
Pinnacle is one of the top bookmakers online. It boasts over 20 years of experience delivering high-quality bookmaking, as well as a reputation for delivering top odds and live betting. This is partly due to its high odds, live betting, mobile compatibility and live streaming - areas where Pinnacle can distinguish itself from other competitors. As a top competing gambling company, Pinnacle also features an excellent range of casino games. For virtual games (e.g., slots), it offers player-intuitive interfaces that are simple to use, with real-time gaming results displayed on screen during gameplay. For esports events, it offers high odds and a wide range of betting markets - including real-time results - which can be especially appealing to young adults who have recently discovered their interest in this growing trend.
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BetWinner has grown steadily in popularity since it was created in 2018. As an Ecuadorian-friendly sportsbook, BetWinner gives South American bettors a lot of opportunities to place bets. With extensive pre-match betting opportunities and live coverage, BetWinner offers multiple viewing formats, generous odds, and a slew of betting features. In addition to providing online casino and poker games, the bookie also has an online bingo platform and esports contests.
Parimatch, one of the most established brands operating as an online bookie, features a highly intuitive platform for sports betting. Parimatch has over 20 sports markets and eight different languages on its site. In addition to these features, Parimatch offers live casino games, instant games and poker along with many other gaming opportunities including casino betting, TV games and fantasy sports.
Ecuadorian Bookmakers Promo Codes & Bonuses
With its high number of bettors, many Ecuadorian online bookies offer new player bonuses and exclusive free bet and reload bonus opportunities for returning bettors.
Betway casino welcome £50
Detailed Comparison of Bookmakers in Ecuador
Due to the legal climate in Ecuador, it is not applicable for land-based gambling operators to compete against each other. However, online gambling operators are very competitive amongst themselves and have become quite popular amongst local bettors.
As a result, bookies have increased their services and marketing strategies. Their promotional tactics have become more aggressive, which has benefited Ecuadorian punters. Competition has led to healthy competition in these areas and also cut down on monopolies.
Betting Features and Options in the Ecuadorian Bookmakers
Online bookmakers provide a variety of betting features to their customers, and unlike land-based sports betting where restrictions govern the features they offer, online bookies have greater liberties. As such, they include options like live streaming and in-play betting.
Cash-out, a feature of many Ecuadorian bookmakers, gives punters the opportunity to cash in their bets if they are not satisfied with the outcome of a sporting event. Although this comes at a cost, it is much less than the potential losses.
Live betting is now a mainstay for online sports betting sites, with options for wagering on in-play events. This feature can be found on many sites, including ones that offer live streaming of sporting events.
Live streaming can be an incredible addition to any online bookmaker. It allows you to follow the action from anywhere in the world and at no cost!
What are the available Payment Methods in Ecuador?
Ecuadorians have many payment options available to them, including credit cards, electronic wallets and bank deposits. Ewallets are the most popular choice for people looking for anonymity and privacy.
Although they are more convenient than traditional banking, ewallets and cryptocurrencies still have a few downsides. For one thing, processing fees can add up quickly if you’re depositing smaller amounts. Some punters may find them less attractive if they plan to deposit a lot of money in the same wallet. With an average deposit limit of $10 USD and a withdrawal limit of $20-$100, Ecuadorians will find this option to be suitable for most situations.
What are the most popular sports for betting in Ecuador?
As you can imagine, many Ecuadorians are familiar with these sports and share a passion for leading sports when punting online. Here’s a brief overview of each:
- Football is a popular Ecuadorian sport, especially among punters. They bet on regional teams, national tournaments and international events.
- Baseball is a popular sport in Ecuador, especially among men. It is also the most popular sport for betting among Ecuadorians.
- Basketball is widely played in Ecuador, and it is one of the most popular sports. In addition, it is a popular sport in Ecuador’s school system.
- As the country’s national sport, volleyball is important to Ecuadorians. The game of Ecua-volley – a unique version that was invented in Ecuador – has spread throughout South America and the United States.
- Tennis in Ecuador is popular because the country has held the Ecuador Open since 1967, an ATP tour event that has produced top-ranked players like Andrés Gómez.
Are Online Casinos available in Ecuador?
In a previous post, we explained the legalities of betting in Ecuador. You can now find online casinos in Ecuador, with an impressive number of selections for casino games. The majority of those fall into a small handful of categories, such as slots and card games.
However, not all of the types of casino games that are available at online casinos are equally popular among Ecuadorians. In addition to slots and traditional card games like Blackjack and poker, online casinos in Ecuador also offer live dealer games (such as roulette, pai gow poker), video poker machines and scratch cards.
As for the legality of playing online casinos, Ecuadorian law does not mention that it is illegal. Therefore, each player will have to decide whether or not they want to play at an online casino, without facing any legal repercussions.
What are the different Mobile Betting options available in Ecuador?
Due to the popularity of mobile betting in Ecuador, most bookies offer apps and websites that allow punters to place bets when they’re on the move. The advantage of apps is that they automatically update their background and can remain logged in while you’re betting. However, the advantage of websites is that they allow you to access bookies’ services without sacrificing your privacy. The main drawback with both options is that your betting activity cannot be deleted from your account once it has been accessed by anyone else.
Gambling Legislation and Laws in Ecuador
Before 2011, all forms of gambling were legal in Ecuador. But after Executive Decree No. 873 went into effect, this changed. The only exception to the law is the national lottery.
While Executive Decree No. 873 does not specifically mention online gambling, it is technically considered illegal. However, local authorities have taken no action against online gamblers – resulting in a lack of enforcement by government authorities against them.
Facts About Betting in Ecuador
Ecuador is a country that once attracted tourists with its Las Vegas-like gambling. Before casinos were outlawed, many tourists flocked to race tracks and casinos to enjoy the thrill of gambling. Here are six facts about Ecuador’s gambling history that caught our attention:
- The Executive Decree No. 873 was passed in 1995 and resulted in the loss of 20,000 jobs in the gaming industry.
- In the 1960s, Ecuador was referred to as a “Las Vegas of South America” due to the large number of casinos located in the country’s hotels.
- Since the closure of all betting establishments in 2011 and the creation of online sportsbooks and casinos, Ecuadorians have had only one option for betting on sports: online.
- The Ecuadorian government prevented gambling from being legalized until 2011.
- In Ecuador, bullfighting and cockfighting are legal as cultural traditions.
- As of 2021, it is estimated that there are over 460 online betting sites that are actively targeting players from Ecuador.
Betting on sports is a masculine activity in Ecuador. Most punters are male and the average age is unknown, but it’s less important here than in other countries because betting on sports is so popular here. Unfortunately, economic data was not available because the country has an unemployment rate of nearly 50%. But as the average income is $300 (about $6600 at 2015 exchange rates), most Ecuadorians fall into the lower percentage of income earners.
Is online betting legal in Ecuador?
Ecuador does not have a specific statute prohibiting online gambling, although the country’s gambling laws are fairly strict.
Are there any taxes for Ecuadorian players on their winnings?
No, gambling is illegal in Ecuador. Taxes do not affect gambling venues.
What is the main currency used for betting in Ecuador?
Ecuadorians use the U.S. dollar as their main betting currency.
Is there anything about betting restrictions for Ecuador players?
No, online bookmakers do not apply any restrictions on Ecuadorian players’ betting activity.
Is it safe for Ecuadoran citizens to bet online?
All licensed bookmakers and casinos in Ecuador are legit.
What are the best bookmakers for football betting in Ecuador?
1xBet is the best bookmaker in our Ecuador betting list.
If I am caught betting online, will I be given a warning?
There are no laws in Ecuador that apply to online betting. This means that there are no fines levied against those who punt online.