Last updated on: September 21st, 2023
Legal Sports Betting In Argentina
Legal sports betting in Argentina is a major market that has been active for years. Argentina regulates sports betting by individual provinces, similar to how the United States does it by state. This means you will be able to find regulated legal sports betting operations in some areas, like the country’s capital Buenos Aires, while other provinces do not have regulated betting. The provinces that offer sports betting are licensed through the Lottery of the City of Buenos Aires. Legal online sportsbooks that take Argentina players are able to operate in all provinces as well. This allows sports bettors in all of Argentina’s access to sports betting.
There is no maximum as to how many licenses can be given to businesses that wish to operate a sportsbook. However, they have to meet a minimum of 20 different requirements within the application process in order to become licensed. After they are legally allowed to operate, they are then required to pay 25% to the Province tax authority. According to the 2019 Tax Act, not only will 25% of revenue go to the authority, but they will also open up an Online Gaming Licenses Registry in order to keep track of all licensed operators of Argentina sports betting.
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Top Sports Betting Sites Argentina
Is BetOnline Legal In Argentina?
While Argentina’s sports betting laws have caused issues for local sportsbooks trying to get a foothold in the state, the same does not apply to online sportsbooks like BetOnline. BetOnline is one of the top Argentina sports betting sites, thanks to its terrific website and the massive amount of betting offers. BetOnline regularly has the most odds on any major sports, with odds posted earlier than the majority of its competitors. Players at BetOnline in Argentina can log in from any province and enjoy one of the leading sportsbooks currently operating. BetOnline has full capabilities in addition to all the must-have features like live betting and more.
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Can I Use MyBookie In Argentina?
One of the greatest features that MyBookie has for Argentina sports bettors is that they allow you to bet on their platform with several different forms of cryptocurrency. To be exact, you can choose up to 10 different forms of crypto to bet with including massive ones like Bitcoin and Ethereum down to altcoins like Solana and Cardano. You can also directly link your crypto wallets to your MyBookie account and transfer funds in and out within seconds.
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Is Sports Betting Legal In Argentina?
Argentina regulates sports betting city-by-city as opposed to state-by-state. Some cities offer legal sports betting in Argentina to all residents and tourists alike who are at least 18 years old or older. With legal online sportsbooks in Argentina, this also differs from city to city. These books are only accessible in their region, as the regulated books will not accept wagers from patrons outside of the area. Online betting sites offer an alternative to this problem, with sportsbooks that can be accessed from throughout the country. These books are licensed in their own markets and are able to operate in Argentina legally as Argentina legislation does not outlaw international sportsbooks.
Where To Bet On The Super Bowl In Argentina
Thanks to legal sports betting sites, anywhere you are in Argentina is a place you can bet on the Super Bowl. As the Super Bowl is one of the biggest sporting events of the year, international online sportsbooks offer the best possible odds you can find for the big game. These sportsbooks are accessible on most smartphones and tablets, offering true mobile on the go anytime anywhere sports betting. Online sportsbooks like BetOnline host Super Bowl odds throughout the football year, with futures betting available at the start of the NFL season. If you are betting on the Super Bowl in Argentina, then online sportsbooks are the best places to go.
Where To Bet On The World Cup In Argentina
You can bet on the World Cup in Argentina from anywhere with multiple different online sportsbooks. The online sportsbooks listed on this page are legal and licensed making them safe to use in Argentina. With that, they offer loads of World Cup odds to choose from such as futures odds, gamelines, prop bets, and much more. Looking ahead to the 2026 World Cup, Argentina opened at +1000 odds to win. This comes after they won the 2022 World Cup after they opened with +600 odds to do so.
Argentina Sports Betting Markets
Sports betting in Argentina starts with their number one sport, soccer. Soccer reigns supreme for not just wagering on the events, but also the fanbase itself. Lionel Messi, a forward for the Argentinean team is like a God in the country. Many sports bettors lay down wagers on him during the soccer season as well as on the team in general. For all legal sportsbook that accept Argentina players in the country, the soccer season is their busiest time. The government expects to profit in the range of $13.5 million from soccer wagers alone because soccer is to Argentina what football is to the United States.
After soccer, the second most bet on sport in Argentina is basketball. The headquarters for the basketball team is in Buenos Aires, so the fan base of bettors is already present. Wagers are also placed on boxing, swimming, and automobile racing as well as other sports like tennis and horse racing.
Where Argentina Sports Betting Revenue Goes
The Argentinian government collects 25% of all sports betting revenue in the form of taxes. Of this, 15% is collected as a general income tax, 8% is allocated based on whatever activity generated the revenue, and 2% is collected as a licensing fee. Municipalities that host sports betting in Argentina collect 10% of these licensing fees. The bulk of the tax being paid goes towards improving education in the country. There were also reports of the Argentinian government proposing a 27% tax to the licensed offshore betting sites in 2018, however, that was shut down.
|Legal in certain areas of the country
|Soccer, basketball, tennis, and horse racing
Legal Sports Betting In Argentina FAQs
What Are The Best Betting Sites In Argentina?
As different provinces in Argentina have sportsbooks, you would need to be in the area to access them. Instead, the best betting sites in Argentina are located online. The top Argentina sports betting sites start with MyBookie and BetOnline.
Which Banking Methods Are Accepted At Argentina Sportsbooks?
You can get money into your Argentina sports betting site with a few banking methods. The most common, VISA and Bitcoin lead the methods. But, they also take PayPal, other crypto and some payment processors too. Withdrawing money from your account is a bit different. As you can deposit with card, you can’t withdrawal back onto it. So, the easiest Argentina sportsbook withdrawals methods are crypto and bank wires.
What Does The Future Of Sports Betting Look Like In Argentina?
So, the future of sports betting in Argentina looks a whole lot better than it once did. Although the country as a whole does not have legal sports betting, it is broken down into provinces. But, the country’s capital made it legal. It is the hope of residents that legalized sports wagers countrywide will make it easier to bet sports in ARG. If Buenos Aires did it, expect most of the country to follow.