Best Betting Sites in Bolivia

Sports Betting Regulations in Bolivia

Bolivia is a landlocked country in the central-western part of South America, and after a long time of turmoil and war, it became one of the fastest-growing economies in the region. Like many other things, it took a while before gambling was introduced in the country. Online gambling is not a regulated activity in Bolivia, but it's not illegal per se. In 2002 and 2010, the Bolivian government introduced the Law on Lottery and Gambling Games, which made gambling and betting legal at specific venues. Online bookies are still not regulated, and without a regulatory body, the door for international online betting sites and casinos is open.

Nowadays, local bettors can bet online at bookies without looking over their shoulders. Of course, customers only do so at licenced operators. The market is flooded by major sports betting sites with great odds and features such as live streaming, which makes betting on sports all the more fun.

Key Facts & Stats About Betting in Bolivia

• Annual Growth Rate: The annual growth rate of the online betting industry in Bolivia is in line with that of Latin American countries. Currently, the expected annual growth rate is just under 16%, and this trend should continue for years ahead.
• Industry Growth: Despite the lack of legalisation, the online sports betting industry in Bolivia has grown tremendously in the past few years. There's a bookie around every corner, and most of them are major arrivals from other countries.
• Betting Frequency: Around 20% of the Bolivian population engages in sports betting on a website casually.
• Popular Sports: Football and especially the Bolivian Premier League are the most popular sports and markets to bet on in the country.

Free Bets & Betting Offers in Bolivia

The best betting sites in Bolivia offer an excellent range of bonuses and promotions. Some will require making deposits; others will be available without a deposit. Always check the terms of each free bet and promo before you claim it. Ensure they're fair so you can play the betting offers through and convert them to real money.

Popular Payment Methods for Bolivian Betting Sites

When looking for the perfect Bolivian sports betting site, always check if it supports local payment methods. At Betpack, you can choose from a wide range of sports betting sites that accept bettors from Bolivia, as well as various other crypto sportsbooks, as listed below.

Credit and Debit Cards

Credit and debit cards such as Visa and Mastercard are among the favourite payment methods for most Bolivian bettors. They offer a seamless, fast, and safe way to make deposits and withdrawals with no fees.

E-wallets

If you don't want to use your cards or share bank details, e-wallets are the next best thing after cards. They are among the most popular payment methods at any betting site. Many are specifically designed for online betting, such as Neteller and Skrill, but check if they're eligible for any betting offers first.

Cryptocurrencies

Most locals in Bolivia love to bet online with Bitcoin, Litecoin, Ethereum, and other cryptocurrencies. They're easy to get today and offer truly anonymous transactions, which are also faster than any other option.

Most Popular Sports to Bet on in Bolivia

Football - Every bookmaker online in Bolivia has thousands of football events from around the world. Of course, they all pay special attention to the country's top flight in football. Bookies put football on the primary spot on the website, with a wide range of markets (pre-match and live betting), and even live streaming available on selected events.

Esports - Esports is a rising betting market around the world, and Bolivian customers truly love it. They can bet on the largest video game competitions and tournaments, and you may even find a stream for a game or two at some of the sites. At the time being, esports offers even better odds value than major markets such as basketball or tennis, so take advantage of that before it becomes a hit.

Conclusion

The Bolivian online betting market is still unregulated, yet the revenue international sites bring in will soon make the government rethink its moves. If you're looking for a way to start betting in your country online, you're in the right place. Our Betpack guide has covered all aspects of online betting and the best sports betting sites. Make your pick from our list, and you won't be disappointed.