Sports Betting in Colombia: A Brief Guide For Beginners
It would be an understatement to say that sports betting is popular in Colombia. According to recent estimates, as much as 5% of the country’s GDP is generated by bets placed on sporting events! If you’re thinking of getting in on the action, here’s what you need to know. Visit futbolpronosticos.com for more information.
The Basics of Sports Betting in Colombia
Sports betting in Colombia is overseen by Coljuegos, the country’s gaming regulator. All sportsbooks operating in the country must be licensed by Coljuegos, and there are currently 19 licensed operators.
The most popular sport to bet on in Colombia is football (soccer), and the most popular league to bet on is the Colombian first division, known as LigaAguila. Other popular sports include tennis, basketball, and horse racing.
How to Place a Bet
If you want to place a bet on a sporting event, you can do so either online or at a physical location. Many online sportsbooks operate in Colombia, and most of them also have physical locations where you can place your bets.
To place a bet online, simply create an account with an online sportsbook and deposit money into your account. Once you have money in your account, you can start placing bets on the events of your choice. Most online sportsbooks will also allow you to place bets using your mobile phone.
If you want to place a bet at a physical location, you can find a list of licensed operators on the Coljuegos website. Once you’ve found a location, simply go there and tell the teller which event you want to bet on. You will then be given a slip of paper with your bet information on it; hang onto this slip of paper as it is your proof of purchase.
After the event has ended, all winning tickets must be redeemed within 60 days at the same location where they were purchased.
Sports betting is big business in Colombia, so if you’re thinking of getting involved, there’s money to be made! Just remember that all winnings are subject to taxation, and all bets must be placed either through a licensed operator or at a physical location. With that being said, good luck and happy betting!