Last updated on: June 1st, 2022

Sports Betting And Gambling Laws In Colombia

Colombia has updated their sports betting laws in the last decade to keep up with the technology boom. In 1991 the Constitution of Colombia made all games of chance a state monopoly, and the revenue generated from sports betting was to be used for social purposes. The 2001 Gambling Act added to this law so that the government could expand its gambling operations to include dog racing, brick-and-mortar casinos, and the country lottery. A decade later, the Colombian government (the Coljuegoes) were placed in charge of regulating and policing not only Colombia’s sports betting industry, but the countries entire gambling industry.

In 2016, the Colombian government enacted the eGaming Act which made online sports betting and online gambling legal. Colombia has no laws that prevent citizens from using offshore sportsbooks. More recently in 2017, the Coljuegos legalized online sports betting exchanges along with virtual sports. This was one of the final steps needed to make Colombia one of the upper echelon countries to bet on sports while also making them one of the most progressive sports betting countries in South America. As long as the C-1611 (internet-operated games license) is authorized by Coljuegos, sports betting is good to go.

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Legality Of Sports Betting In Colombia

The legality of sports betting in Colombia is recent as they’ve updated their sports betting laws in the last decade to keep up with the technology boom. In 1991, the Constitution of Colombia made all games of chance state monopoly and that the revenue generated from sports betting would be used for social purposes. The 2001 Gambling Act would be added to this law to make it known that the government would be expanding its gambling operations that included dog racing, brick-and-mortar casinos, and the country lottery. A decade later, the Colombian government (the Coljuegoes) were placed in charge of regulating and policing not only Colombia’s sports betting industry but the countries entire gambling industry.

In 2016, the Colombian government enacted the eGaming Act which made online sports betting and online gambling legal. Colombia has no laws that prevent citizens from using offshore sportsbooks. More recently in 2017, the Coljuegos legalized online sports betting exchanges along with virtual sports. This was one of the final steps needed to make Colombia one of the upper echelon countries to bet on sports while also making them one of the most progressive sports betting countries in South America. As long as the C-1611 (internet-operated games license) is authorized by Coljuegos, sports betting is good to go.

How To Bet On The Super Bowl In Colombia

Betting on the Super Bowl in Colombia is fairly simple as players need only to log onto any popular online sportsbook and start wagering. Players can find odds for their favorite NFL teams or the team they expect to win the Super Bowl at online betting sites such BetOnline. These sites can be accessed from smartphones and tablets so players can wager on the Super Bowl from anywhere. Local bettors will be able to wager to win big on one of the Big Game easily thanks to international sports betting sites.

Is Online Sports Betting Legal In Colombia?

Online sports betting in Colombia is legal. Colombia was one of the first countries in South America to pass laws that allowed for the regulation of online sportsbooks. With the eGaming Act being passed in 2016, online sports betting is still relatively new to Colombia. However, the Coljuegos has done a good job of aggressively creating a safe and reliable betting environment in Colombia. One of the advantages of legal online sports betting in Colombia is that their government doesn’t tax your online sports betting winnings. The legalization of online betting has made sportsbooks offer better mobile betting platforms and gives bettors the convenience of being able to place bets through their mobile phones, tablets, or laptops.

In the first half of 2019, the Coljuegos reported that Colombia’s online gambling market grew 63% compared to the previous year, which was well above the 13% growth they expected. In Colombia, there are limited choices for choosing an online sportsbook because of the limited licenses given out by the Coljuegos. However, it is not illegal for Colombians to gamble at offshore online sportsbooks and some of the more popular American sports like the NBA, NHL, and NFL can be bet on at legal online sportsbooks.

Colombia Sports Betting Markets

The three largest sports betting markets in Colombia are the cities of Bogotá, Cali, and Medellín. The most popular sports for Colombian bettors are football (soccer) and horse racing. Categoría Primera A is the country’s most popular football league, featuring 20 teams that change every year based on a promotion and relegation system similar to the English Premier League (EPL). The Primera A season is split into two four-month tournaments: the Apertura from February to June and the Finalización from July to December. Each of these tournaments produces its own champion. Betting on Primera A is so popular that the league’s official sponsor is actually a sports betting company.

The EPL is also extremely popular with Colombian bettors. There are five Colombian players on current active EPL rosters, which helps drive a lot of Colombian interest. After soccer, horse racing is the most popular sport in the country. Every sportsbook sets its own odds for horse races, which makes line shopping highly competitive and lucrative for smart bettors. Horse racing has been slowly rising in popularity after a previous precipitous decline. Colombian bettors can also wager on a variety of other professional sports, including basketball, boxing, American football, and baseball.  

Where Colombian Sports Betting Revenue Goes

The tax revenue from legal sports betting in Colombia is spread out throughout the country. Unlike in the states where a specific casino revenue is spread within the areas budget, in Colombia, all the revenue goes into the government, and the government allocates where the revenue is distributed. An example of the allocation method is how Colombia puts the sports betting revenue into the healthcare system. The revenue is also put into the educational system and tourism. There is no set designation for sports betting revenue.

Virtual Betting In Colombia

Virtual gaming has now found its way into Colombia with the use of the Newgioco company platform. The gambling on sporting events in Colombia has a major following for futbol (soccer) but they have had to cease operations. The Coronavirus pandemic has wreaked havoc on the sports betting market in the country which is why Colombia has welcomed its very first online virtual gambling application. Multiple new sports and games will be available for bets with this new form of wagering that in the country. Once land-based sportsbooks open again, Colombia will be home to every kind of sports betting platform that exists, on a legal level.

Columbia Sports Betting FAQs

What are the best betting sites in Colombia?
There are many betting sites available for Columbia residents that offer a legal platform to bet on sports through the internet. Sites such as Zamba.co, Betplay.com.co, Xplay.co and Colbet.co (which is a Bogota-based Colombian startup) have all been legalized by the Coljuegoes and have licenses in Colombia. Sports bettors in the country can also use other online global sportsbooks like Sportsbetting.ag and BetOnline.