The Best Betting Sites in Venezuela – Top Venezuelan Sportsbooks for 2024

This guide contains an extensive list of the best sports betting sites in Venezuela. Not only are these brands reliable and legal, but they also offer the best betting experience. We consider this guide helpful in your exploration to find the perfect partner for your betting adventure. Beyond all doubt, this post has everything you need to know about Venezuelan sportsbooks.

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Venezuela
Best Betting Sites in Venezuela

Bet at Safe Bookies Verified by our Reviewers

Sports

Available Leagues and Events

Bonus

Top Bonuses and Promotions

Safety

How to Trust a Betting Website

Odds

Payout Levels in Venezuela

Payment

e-Wallets, Cards and More

Mobile

Venezuelan Sports Betting Apps

If you are all green in the betting world, you would definitely find this post useful. As a new player, you should strive to find the top sports betting site in Venezuela and add it to your list. Luckily all bookies reviewed here are safe and reliable and can be a candidate for your number one spot. As a matter of fact, all of these brands have the license to operate in Venezuela and worldwide.

Top 7 Sports Betting Sites in Venezuela

Having done extensive research, we have the list of the top 7 sports betting sites in Venezuela. With any of these licensed bookies, you can always bet without the fear of anyone carting away with your royalties. Irrespective of the brand you choose to bank with, you can be sure it is the best, safest, and developed sports betting platform in Venezuela.

At the end of the day, you would realize that we didn’t make the list of these betting sites in a vacuum. As a matter of fact, we consider several important criteria before we can conclude that these are the best sport betting sites in Venezuela. Below you can find the list of all the top bookies in the country.

Beyond all doubt, this list consists of top-notch betting sites in Venezuela. These betting companies have the license to operate in Venezuela and worldwide. Also, the platforms are respected with a great reputation both locally and abroad. To make sure you pick the one that suits you best, we have prepared a list of the best online betting sites in Venezuela by category.

Best Betting Sites in Venezuela by Category:
Best Betting Site in Venezuela 22bet
Top New Site in Venezuela LV BET
Best for Bonuses 22Bet
Top Mobile App Matchbook
Best for Live Betting TonyBet
Highest Payout Bookie 22Bet
Best Neteller Betting Site mr.play
Top for Extra Features Karamba

Did you recently discover betting, and you’d like to give it a try, but you don’t know which betting site you should start with? There is no need to panic. Wagering experience is much more than you can imagine. You only need to be aware of the important criteria of choosing the most appropriate site for your gambling needs. The next paragraph sheds more light on these conditions.

Getting regular and updated news about sports betting in Venezuela enhances not only your experience but also improves your gambling skills. The link below contains the latest news about the bonus systems, updated promotions, new wagering requirements, and much other important information about gambling in the country. Also, the news isn’t limited to Venezuela only. You would also get more information about what happens in the betting world as a whole.

The Criteria for Finding the Best Online Bookmakers in Venezuela

Aside from our list, there are other sports betting sites in Venezuela as well. To make your search for the best site easier, we have made a list of important criteria in order to find the safest online bookmaker in the region. We came to this conclusion, having compared and contrast all licensed bookies in Venezuela.

Some of these factors include the sports market, bonus offers, security standards, live betting options, odds or payout levels, and many more. You might also love to consider customer service options, payment methods, sports betting app, betting types, platform functionality, additional features, etc. In the table below, we have showcased all the categories we judged by, and you can jump straight to the one that interests you the most.

Sports and Leagues

Whether you are a new or a loyal bettor, having a wide range of sports and events allows for a better gambling experience. Like other regions of the world, there are unlimited sports and events to place a wager on at the top sports betting sites in Venezuela, and here we have prepared the most popular sports you can place a bet on.

Baseball: Major League Baseball (MLB), American League (AL)

For decades, baseball has been the most popular sporting event in Venezuela. In fact, this region is home to great baseball players like Miguel Cabrera, Luis Aparicio, and many others. Currently, Luis Aparicio plays for the Detroit Tigers. Players can place wagers on baseball competitions like Major League Baseball, American League, and many more. You can find these competitions at the best baseball betting sites in Venezuela

Football: English Premier League, Copa America

Like baseball, football is another significant event in Venezuela. Venezuela’s National Football team has been fantastic over the years. The team has been performing well in Copa American games, and it has also earned world-class recognition. Owing to this, everyone has become a lover of football in the country. Leagues like the English Premier League, UEFA Champions, Copa American, and others are available to bet on at football betting sites.

Tennis: Wimbledon Championship, US Open, Australian Open

Besides being a popular sport in Venezuela, tennis has also won the hearts of many bettors in the country. Today, many tennis lovers are looking forward to both the Venezuelan Davis Cup and the Venezuelan Fed Cup, as for the first time in years, these competitions will hold in Venezuela. There are many top tennis betting sites in Venezuela where you can place your bet.

Basketball: FIBA World Cup, NBA, Euro League

Another popular sport in Venezuela is Basketball. Unlike other countries in South America, it has a renowned basketball league. The Liga Profesional de Baloncesto (LPB) has been around since 1974. For once, it emerged as the winner of the FIBA Americas League LSB. There are unlimited basketball betting sites in Venezuela to wager on.

Golf: The Open Championship, US Open

Golf is a significant activity in Venezuela. It has one of the oldest events in the country that still takes place. The region staged its first men’s professional golf tournament in 1957. In 2019, it held the 35th edition. Today, the country is home to popular golf betting sites where you can wager on competitions like US Open, Open Championship, and many more.

Motor Sports: Formula 1, Nascar, Moto GP

Our list for the top sports in Venezuela is incomplete without the inclusion of motorsports. Like golf, motorsports are also an old sporting event. In fact, Venezuela hosted Grand Prix racing between 1955 and 1957 in Caracas. Since then, the country has hosted hundreds of motorsports events to date. Today, formula1 betting has remained one of the top wagering markets.

No matter how you search it or where you find it, you would always have at least these 6 sports on the list of top bookies in Venezuela. Aside from these events, there are other amazing sports you can also find at every Venezuelan betting site, including tennis, volleyball, American football, rugby, hockey, cricket, and more.

Aside from our evaluation of these major events, we also examine the available minor sports like the second division games, college events, and so many more. There are also numerous betting opportunities, especially when a brand offers special bets on activities such as politics or elections, TV shows, and other social events.

Payout, Odds and Lines at the Best Bookies

Some of the most important factors when choosing the best bookie include the payouts, odds, and lines. Payouts are a large payment of money as the compensation offered by betting sites. On the other hand, odds represent the ratio between the amount of wager staked and the outcome. Also, lines are the different betting styles available on different Venezuelan betting sites. When looking for a betting platform, it is good to be on the lookout for the best odds bookmakers in Venezuela.

To help you make a healthy choice among the top bookies, we have done a great estimation of each bookmaker’s average payout. Besides high odds, you should also be looking for a bookie that offers a higher payout rate. Here we bring you the best betting sites in Venezuela for payout rates, which are far above the average.

There you have the list of best betting sites in Venezuela and their payout rates. However, it is essential to know that the payout rate varies from one sport to another. Generally, popular events often offer higher payout rates than minor ones. As a matter of fact, these bookmakers’ odds change with time too, but with a slight amount. Nonetheless, the payout rates above are only available for general guidance.

Betting Offers: Bonuses and Betting Sites Promotions

There are unlimited reasons betting bonuses are an important condition for choosing a great betting platform. For instance, players are usually encouraged to wager with a betting site with better and regular betting offers. Likewise, attractive rewards cement a long-term relationship between bookies and gamblers. Below you can find the best welcome offers from top Venezuelan sportsbooks.

Venezuelan Betting Site Welcome Bonus Deposit Features Rating Secure Link T&C’s
100% up to €122 Welcome Bonus 5x 7 days 1.40 4.8/5 Visit Site! Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+
Bet $/€10 Get $/€10 Welcome Bonus 1x 7 days 2.00 4.8/5 Visit Site! Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+
100% up to £/€ 50 Welcome Bonus 10x Deposit + 1x Bonus 5 days 1.65 4.7/5 Visit Site! Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+
100% up to €50 Welcome Bonus 12x (Deposit + Bonus) 21 days 1.80 4.6/5 Visit Site! Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+

These numerous gambling rewards offer amazing deals that can help you off when you decide to gamble. Like sporting events, there are different betting offers. Some of these rewards include deposit match, cashback, bet credits, and more. Some of the most preferred ones, however, remain the bookmaker’ free bets.

Bonus Category Betting Site
🥇 Best Bonus in Venezuela 22Bet
🥈 Best Free Bet Provider Matchbook
🥉 Top Deposit Matches TonyBet

Whatever betting platform you choose to wager with, ensure you don’t leave out the brand’s T&C. Like any other betting tips, reading the conditions laid by the betting site is vital. From the rules, you would learn how the online sportsbook bonus systems work, their validation, and eligibility. You would get additional information about the legality of the betting site as well.

The T&Cs page offers many essential betting information. From the page, players see the minimum odds available, the validity of bonuses, and wagering requirements. Of this information, wagering conditions are the most vital. Sometimes, betting websites can offer an outstanding bonus offer and high wagering requirements to go along with it, so be careful when choosing your wholesome bonus.

Meanwhile, betting sites promotions aren’t limited to welcome bonuses alone. Top gambling platforms of the world offer mouth-watering rewards for both new and loyal players. Some betting benefits for loyal customers include VIP programs, reload bonuses, and so many others. These bonuses are available to strengthen the betting power of old bettors as well as beginners.

Types of Bets

Like other betting criteria, the type of bets is another important condition. Fortunately, there are many wager types on the best sportsbooks in Venezuela. Some of these bet varieties include moneyline, totals, parlays, and many more. With a wide range of bet types, you can always pick the one that suits your wagering strategy.

More betting types also mean better winning opportunities. Without any doubt, there are numerous wager types on many betting sites. However, we suggest that you pick a handful that best suits your betting style and learn to master them. The table below shows the wager types available at top betting sites in Venezuela.

There you have the major wager types on top betting sites in Venezuela. You can always opt-in for the one with better winning opportunities. Having the ability to switch from one betting type to another gives you more versatility and increases your chances. Aside from that, it also enhances your gambling experience as you can always wager using the bet types that best suit your needs.

Safety and Security

For a betting company to be up to the mark, it must have a good security system. That is, the brand must provide enough security for the bettor’s money and personal information. The crime rate worldwide has increased rapidly, and we wouldn’t want you as a victim of fraud. Ensure you choose the safest online betting sites with licenses and a top-notch encryption system.

Before choosing a betting site to wager with, you need to check how solid the encryption system is. Top-notch encryption systems ensure that third parties don’t have access to your personal data or financial information. In the betting world today, there are numerous encryption companies. The major ones include CryptoMove, Kanguru Solutions, NCoded Communications, SPYRUS, Ubiq Security, Bit Defender, Echoworx, and lots more.

Safety Partners at Online Sports Betting Sites in Venezuela

Our major objective is to help you pick the safest betting site in Venezuela. As a result of this, we have only selected and reviewed licensed bookies. Also, we ensure that every selected bookmaker has a high-quality data encryption system to safeguard your personal information and your money.

Top Data Safety and Encryption Companies
  • CryptoMove
  • Bit Defender
  • SPYRUS
  • Ubiq Security
Responsible Gambling Organizations
  • National Council on Problem Gaming
  • Gamcare
  • Gambling Commission
  • Responsible Gaming Council
  • Gamblers Anonymous
  • International Center for Responsible Gaming

Aside from being entertaining, betting can also be addictive. Sometimes stopping can be very challenging. As a result of this, every renowned sports betting site worldwide now use responsible gambling policies to help people with such addiction.

Identifying a safe and reliable betting site can be tricky. However, we got some tips to make the adventure easy. Always check the betting company’s logo you wish to bet with, as many gambling firms now have similar titles. Another important feature to check is the license number and security organization logo.

Bet on Mobile with the Best Sports Betting App

Currently, many bookmakers start developing their own mobile betting applications. As a result of this, it is essential to look for only the best Venezuelan betting apps suitable for all devices. The software should work exceptionally with both Android and iOS devices. When using a mobile application, players can access their preferred bookie anywhere and anytime, given they have a stable internet connection.

Not all betting apps deliver up to the expectations. So you have to evaluate some special features when it comes to gambling software. For instance, the app must be easy to navigate. Also, the best sports betting app should be available on all mobile devices and tablets so that your experience is not hindered in any way.

Top Venezuelan Betting Apps

Aside from betting at your home’s comfort, several other benefits come with mobile applications. For instance, the software allows you to deposit and withdraw without visiting the betting company in-person. Likewise, the app helps you keep track of live sports events. Like betting apps, the live betting option comes with a bigger draw.

Live Betting & Live Streaming

The live betting option comes with different opportunities. The feature allows you to wager on sports while the game is still unfolding. Besides, it prevents you from making an unhealthy choice while trying to place bets before the game begins. Like other countries in South America, Venezuela also offers bettors amazing in-game options.

If you are looking for the best live sports betting sites, your search ends here. Fortunately, we have the betting companies’ list with attractive live betting options. Irrespective of the brand you choose, you can be sure that the ones presented here are safe and secure. The table below contains the list of the best live betting sites in Venezuela.

Live Betting Site Welcome Bonus Live Features Rating Secure Link T&C’s
100% up to €122 Welcome Bonus 143+ No Yes 4.8/5 Visit Site! Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+
100% up to £/€ 50 Welcome Bonus 154+ No Yes 4.7/5 Visit Site! Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+
100% up to €50 Welcome Bonus 91+ Yes Yes 4.6/5 Visit Site! Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+
Bet $20 Get $10 Free Bet 31+ No Yes 4.5/5 Visit Site! Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+

Aside from the live betting option, the live streaming feature is another attractive offer you would get from top betting sites. With live streaming, you can always track in-play events from your mobile device or desktop. The cash-out option is another amazing betting feature, which allows you to withdraw your bet before the game ends, but under some conditions. This way, if you get the sense that you will lose, you may be able to cancel your bet.

Payment Methods at the Top Sports Betting Sites in Venezuela

The criteria for choosing the best sports betting site in Venezuela is incomplete without including payment options. Having various payment options is always a plus, as one may be more accessible and convenient for you than another. Some popular payment methods include prepaid cards, bank transfers, credit cards, eWallet, and so more.

Fortunately, we have prepared a list of the payment options available at top betting companies in Venezuela. These methods are not great for depositing but also fantastic to cash out your wins. With a wide range of options, you can always pick the payment option that best suits your taste. Meanwhile, it is essential to know that the payment fee varies from one bookie to another.

Payment Method Type Deposit Limit Deposit/Withdrawal Payment Fee
Credit/Debit Card $10 – $110.000 Available for Deposits / Available for Withdrawals No Fees
Credit/Debit Card $10 – $110.000 Available for Deposits / Available for Withdrawals No Fees
Debit Card $10 – $ 110.000 Available for Deposits / Available for Withdrawals No Fees
eWallet $1 – $125.000 Available for Deposits / Available for Withdrawals No Fees
eWallet $1 – $50.000 Available for Deposits / Available for Withdrawals No Fees
Crypto Payment 0.03 mBT – N/A Available for Deposits / Available for Withdrawals No Fees
Prepaid Card $10 – $1000 Available for Deposits / Not Available for Withdrawals No Fees
Bank Transfer $10 – $170.000 Available for Deposits / Available for Withdrawals No Fees
eWallet $10 – $50.000 Available for Deposits / Available for Withdrawals No Fees

However, it is vital to know that not all bookmakers offer all these payment options. There are some that you would find to have a limited deposit or withdrawal option. While many banks offer bettors free transactions, other payment processes may attract additional fees. The transaction duration is also a variable that should be considered.

The Website Functionality

Website functionality is another essential factor to consider when choosing a reliable betting site. Companies’ websites must be accessible both on mobile devices and personal computers. That’s not all! The platform should also possess a good color scheme with easy-to-read characters and icons. It also doesn’t hurt if it is easy to navigate.

Bettors should be able to easily find every option they need without their experience being hindered. Besides the standard color scheme, easy navigation, and clear menus, betting sites should also provide extra features. These extras are the things that outline the top sportsbooks from the others and play a role when evaluating the top bookmakers in Venezuela.

Extra Features

Besides the previously-mentioned criteria, some other special features evaluate the strength of a betting company. Some of the features include live streaming, fast cashout, livescore, fast bet, virtual sports, and so more. These options are “good to have” features all top betting sites in Venezuela should have.

To help you find the best site with several amazing features, we made this table available. It contains the top gambling companies in Venezuela with various extra features. So, you can always choose the platform with the feature that best suit your needs. The best online betting sites always strive to provide you with as many extra features as possible to make your experience even better.

Betting Site Live Streaming Cashout Livescore Fast Bet Virtual Sports
No Yes Yes Yes Yes
No Yes Yes Yes No
Yes Yes Yes Yes Yes

From the table above, we discover that not all betting sites have every extra feature. Because of this, we suggest that you find a partner that offers the features that you are most interested in, and the others available can be counted as a bonus. Even if you pick a bookie that has only one of those extras, keep in mind that sportsbooks always evolve and may include the others in the future.

The Customer Service

When evaluating online betting sites, you can’t leave out the importance of customer service whether good or bad. To confirm the reliability of the top sports betting sites, they must offer multiple contact options. That’s not all! The waiting time should be limited, and the customer team should be available to help irrespective of the time.

We have prepared a table which shows the average amount of time it takes for the customer support to contact you back or resolve your issue, as well as the availability of their services. In any case, it is always better to have a fast and reliable support team at your disposal when resolving issues.

Contact Method Availability at Venezuelan Sportsbooks Response Time Usually Available
☎️ Telephone Common Up to 1 Hour 12 Hours a day
📧 E-Mail/Contact Form Common Up to 24 Hours 14 Hours a day
👩‍⚕️ Live Chat Common Up to 5 Minutes 24/7
💬 Messenger Rare Up to 1 Hour 24/7
🌐 Social Networks Common Up to 48 Hours 12 Hours a day

There you have it! An overview of the availability of betting sites in Venezuela. Irrespective of your choice’s betting company, you can always get a fast response and solution to all your betting issues. However, please go for bookies that are always available 24/7. Likewise, a bookmaker with several contact options is another fantastic choice.

The Sportsbook Reputation

Rounding off the list of criteria to evaluate top betting sites in Venezuela, we have the sportsbook reputation. The bookie reputation often includes feedback, ratings, and reviews from customers. You must have enough information about the pros and cons, reviews, and feedbacks of a bookie before choosing the company. In any manner, a platform with positive reviews will most likely be a good choice.

On the whole, we have conducted thorough research across all betting sites, forums, and social media. These are the criteria we consider necessary and helpful when choosing the best online sportsbook in Venezuela. Ensure you focus on the condition that best provides that best suits your expectations and needs.

How to Open an Account at Venezuelan Bookmaker

The journey to a wonderful betting experience begins with registration. Generally, you need to be of eligible age before you can sign-up at any online betting site in Venezuela. There are certain steps that you need to follow, and you will also have to provide personal information to the betting site you choose. You will also have to verify the information you give in order to have a fully operational account.

1
Input Your Personal Information

Once you visit the betting sites, you would be required to input your details. Some of this information includes full name, DOB, phone contact, and others that the sportsbook requires.

2
Age Confirmation

No bookmaker allows underage betting. So, before you sign-up at any gambling platform, you need to verify your age and the information you have provided.

3
Deposit and Place a Bet

Once you have completed your registration, you can proceed to fund your betting account. Claim your welcome bonus and place your first bet.

The table above summarizes the whole registration process. It is a simple process that wouldn’t take much time, besides the verification of your personal information, which may take a few hours. After the sportsbook can confirm that the data provided is ok, you will be able to choose your preferred payment method and make your first deposit.

eSports: CS:GO Betting Sites & More

For the past few years, eSports have become one of the favorite events on many betting platforms. As a matter of fact, the demands for this sports competition grows day-by-day rapidly. So, bookies that offer this feature are ahead of the competition. However, there are limited eSports betting sites on the market today that operate under strict regulation. Nonetheless, we have made a list of the available eSports betting sites in Venezuela.

Having done thorough research, we found that the most popular among bettors are the CS:GO betting sites. There are several bookmakers in Venezuela that promote betting on eSports. There are numerous popular online games, such as CS:GO, DOTA 2, League of Legends, and others that make it into the eSports category. The list below includes betting sites, their welcome bonus, payout, as well as rating.

eSports Betting Site Welcome Bonus Highlights Rating Secure Link T&C’s
100% up to €122 Welcome Bonus 59+ 93.25% 4.8/5 Visit Site! Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+
100% up to £/€50 Welcome Bonus 26+ 94.77% 4.7/5 Visit Site! Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+
100% up to €50 Welcome Bonus 7+ 91.78% 4.6/5 Visit Site! Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+
100% up to $100 Welcome Bonus 36+ 93.45% 4.5/5 Visit Site! Full T&Cs Apply! New customer offer. Please gamble responsibly. 18+

If you haven’t wagered on eSports before, this is the best time to do it. We have found reliable and safe eSports betting sites for you, so you can go and see what they offer. For a better betting experience, there are many eSports games available on these platforms, which are highly competitive and have numerous international events.

The Regulation of Sports Betting in Venezuela & the Gambling Environment

Although betting is legal in Venezuela, there are several restrictions on the activities. For instance, individuals don’t control or operate land-based casinos. Rather, each of the top sports betting sites is handled by states and the central government. For instance, state monopoly controls events like a greyhound, horse racing, and lottery. Even the best sports betting site is subject to such control from the government.

On the other hand, there is little to no limitation on online sports betting in Venezuela. As long as you are of eligible age, you can bet at the sports betting site you deem worthy. As a matter of fact, Venezuelans are qualified to register on any betting brands across the globe. However, many bookmakers in the country would never encourage you to bet with third-party funds.

Gambling Commission & Licence

Legal Sports Betting & Gambling in Venezuela
🎰 Fixed Odds Betting Terminals N/A
📑 Betting Shops 20
🏛️ Land-Based Casinos 5
💻 All Licensed Sportsbooks 20
🏆 Best-Rated Safe Betting Sites Our Picks

Unlike other countries in the region, the government regulates all Venezuela’s betting activities. The commission in charge of gambling in the country is Comision Nacional de Casino y Salas de Bingos. This commission ensures that no illegal betting organization operates in the country. It also makes sure that bettors’ details are safe.

The Venezuelan government disallows any betting site without a license. So, bookies must be licensed before they can earn recognition in the country. Betting organizations must fulfill certain requirements in order to apply for a license. Online betting sites legal activities are thoroughly monitored to ensure the safety of local and international bettors.

Every platform must also provide its services and terms and conditions in a manner that its visitors will understand. Likewise, these terms and conditions laid down must be in the Venezuelan and English languages. The commission allows you also to add any other language of your choice. These rules must be available on a visible section on each sports betting site in Venezuela.

Once all requirements are fulfilled, the gambling commission provides the brand with a legal license. Because of the harsh conditions these licenses are given under, legal sports betting sites are proud to showcase that they have one. This is a good way to identify whether you can trust a website. Nonetheless, below we have provided the safe and secure operators in Venezuela that you can trust.

The Safest Online Betting Sites with a Valid Venezuela Licence

On the whole, betting with a licensed bookie is the safest means to practice online betting. Licensed bookies ensure that your finances are safe. Likewise, they make sure that your personal information isn’t available to third parties. This is why you should always check whether your preferred bookie operates legally.

Websites to Avoid

In the past few years, the cybercrime rate has risen to about 56% of the crime rate worldwide. Owing to this, bettors need to be extra careful when wagering with any betting site. For instance, sharing your personal data and banking information with an online betting site can be risky. You need to be sure that such bookie is fully licensed.

To keep you safe, we have researched some betting platforms you need to avoid. Apart from having poor reviews and feedback from punters, these bookies also have a discouraging reputation in the region and worldwide. Here is a list of the blacklisted bookmakersavailable in the betting world today.

These blacklisted bookmakers have different reasons for being on the list of betting sites to avoid. For instance, there have been different allegations against 12bet for different fraudulent actions. As a result, the international betting commission decided to place the bookies on surveillance until their innocence is proven. In any case, we did extensive research in order to bring you only the most trusted betting sites in Venezuela.

History and Future

For decades now, there has been a heavy restriction on sports betting and gambling in Venezuela. As a matter of fact, sportsbooks came later after the growth of casinos in the country. Even when the casinos were pronounced legal, there were still a few limitations on gambling. For instance, the only state government has control over the betting activity. Individuals are ineligible to own one.

The evolution of sports betting in Venezuela has its history revolving around the then-president Hugo Chavez’s death. Reports believe he died of cancer; however, his death led to the rise of gambling companies in the country. Within this period, hundreds of bookies earned the license to operate as a legal betting website in the country.

History of Venezuelan Sports Betting Laws & Acts
  • Opening of First Gambling sites In the late 1990s, the government approved the operation of the first batch of casinos. However, eligible casinos can only be available in five-star hotels, and this hindered the overall progress of the gambling market.
  • Close Down of Gambling Firms by the NCCBHSM The growth of gambling activities in the country was prematurely clamped down when the National Commission of Casinos shut down some slot parlors and bingo halls in the country.
  • The Invention of the Mobile Lottery Fortunately, the history of gambling in Venezuela experienced great development in 2012. This year mobile software becomes available for use, and all lottery games saw a rise in their revenue.
  • Issuing of the Three Licenses For the first time, the non-physical operator was issued licenses to offer betting services to bettors in Venezuela. This is considered the beginning of the expansion of the online betting market in the country.

Like other world-class countries, Venezuela also has an interesting betting history. It wasn’t an easy start for many gambling companies. But today, there are several top betting sites in the country. Unlike a few years ago, several bookies are now licensed and legal in Venezuela.

The future of betting in Venezuela shines brighter and brighter every day. Today, gambling is safe and legal in the country, so any eligible bettor can wager without the fear of been arrested or prosecuted. In the coming years, there is a high expectation of renowned bookmakers joining the country’s market.

Betting in Venezuela: Conclusion

Without any debate, Venezuela now homes several top-quality betting sites. These companies are renowned gambling organizations from all over the world. Aside from being top-quality, there are also safe and legal. Today, these bookmakers have won the hearts of many bettors in the country. Each top gambling organization is trying to open a betting site in Venezuela, and in the near future, there will be a lot of competition among them.

Irrespective of your picked bookmaker, you should always check if it has the required licenses and certificates. We showed you our top criteria when judging bookies and trust that you will make the right choice. You can also trust the bookies we list here, as they have been deemed worthy after extensive research.

Overview of the Best Online Sportsbooks in Venezuela 2024:

To ensure that you don’t make an unhealthy choice while picking the best bookie, we have made this guide available. However, this post is open to regular changes and updates, and whenever we find any new information, we update the content right away. We edit our all betting sites reviews regularly and do not hesitate to remove any operator that fails to meet our requirements.

Frequently Asked Questions

In this guide, we have reviewed the best and most reliable Venezuelan betting sites. We also discuss the important criteria for choosing the most appropriate platform. However, we have also gathered some frequently asked questions about Venezuelan online sportsbooks to provide extra information to those who still need it.

🥇What are the best betting sites in Venezuela?

Our list contains only the top betting sites in Venezuela. Irrespective of why you choose to start betting, you would always find your favorite bookie here. These online sportsbooks are not only reliable, but they are also safe. Ensure you check the T&Cs of your preferred bookmaker before you proceed to sign-up. Also, ensure you can do with the wagering requirements.

🏆What betting offers can I find at Venezuelan sportsbooks?

There are unlimited betting offers in Venezuela. Each sportsbook offers mouth-watering rewards for both new and loyal players. For instance, new players are eligible for the popular sign-up bonus. Likewise, the loyal customers are eligible for benefit offers like the VIP programs, deposit boss, free bets, and lots more.

⚖️Is betting legal in Venezuela?

Betting is legal and safe in Venezuela. The sports betting regulation allows individual and gambling bodies to operate legally in the regions. For you to be eligible to wager in Venezuela, you must be of the eligible age. That’s, you must be at least 18 before you can sign-up. The Comision Nacional de Casino y Salas de Bingos regulates the betting activities in the country.

💳Is PayPal betting possible in Venezuela?

PayPal is one of the most recognized payment methods worldwide. This banking option allows you to pay and receive money at your convenience. However, betting using PayPal is unavailable in Venezuela. Nevertheless, there are many other payment options available. As a matter of fact, the country's sportsbook allows you to deposit and withdraw via the Bitcoin option.

🔍Are there any new betting sites you can recommend?

Our major goal is to help you have a memorable betting start. Owing to this, we review established and licensed bookmakers. Aside from that, we also research new betting sites in the countries. If you are searching for upcoming gaming platforms, we have a few of them below. You can always check out the website for more information about these new bookies, and be sure that we would update you as we get the details.

😎Is live betting possible in Venezuela?

Top sportsbook in Venezuela offers bettors the amazing in-play betting option. This option allows you to place a wager on live games, so you don’t have to be in a hurry, always to bet. As a matter of fact, this option offers users better winning opportunities. Often, it comes with amazing betting lines, odds, and a fast payout option.

👌What is the best sport betting app I can download in Venezuela?

Bookies in Venezuela offer punters top sports betting apps, with wich, you can deposit, withdraw, live stream games, and place wagers at your convenience. However, the best betting app depends on your choice. For instance, if you have an iPhone X, you need to look for a bookie whose betting software works amazingly with iOS devices. On the other hand, you should also pick an app that is simple to navigate.

🏤Is it possible to bet on elections?

In Venezuela, there are unlimited betting markets. Aside from sports games, you can also place bets on elections. However, this kind of event is available once in a blue moon. So, you don’t have to expect to place a wager on politics regularly. At the same time, only a few bookmakers provide such an offer.