Learn more about gambling in Chile. Our overview takes you through the Chilean gambling landscape and the top 2021 Chilean bookies to consider. Find more info on mobile betting in Chile and popular sports to bet on.
Which Are The TOP Bookmakers in Chile?
Chile is among the many countries in North America where gambling has been legal since the 1900s. At first, the country allowed horse racing betting, a step that saw a rise in the nation’s revenue. Later in the early 2000s, Chile legalised all forms of gambling, which led to an increase in new betting sites. Ever since the country’s gambling scene has remained competitive, continue reading to learn more about the top bookies in Chile and how to choose the best gambling site in the county.
Here is a detailed list of top bookmakers in Chile and why they are attracting so much attention.
Bwin
Bwin is one of the most interactive gambling websites in Chile. The bookie started functioning in 1997 and has maintained an impressive reputation ever since. Being one of the sportsbooks under Entain company, Bwin offers fantastic gambling services. For instance, it is among the few sites that cover numerous sports.
Moreover, Bwin allows punters to bet on Virtuals and eSports, which is impressive. If you are a sports punter, you should expect many bet types per event and competitive odds. Also, Chileans should look forward to a dedicated live betting section. These and many more features are why Bwin is on the top list of online betting sites in Chile.
- Pros
- Offer cash-out.
- Allows live streaming of events.
- It is eCOGRA certified.
- Has mobile apps.
- Cons
- Offers a few payment methods.
1xBet
1xBet is yet another bookie which operates on the LATAM market. It’s preferred among sports bettors, as it offers superb odds, excellent betting features and many events to punt on.
With that said, you should expect a wide range of sports with top options being football, volleyball, tennis, basketball, table tennis, etc. Additionally, you should look forward to the various options in the casino section. Finally, new punters receive mind-blowing welcome bonuses to make themselves familiar with the platform.
- Pros
- Offers cash-out.
- Allows live streaming of events.
- Available in multiple languages.
- Has a full range of markets.
- Cons
- Needs a mirror link.
Bet365
Bet365 is one of the most visited online betting sites in Chile. The bookmaker has been operational since 2000 after its formation by Bet365 Group Ltd. In Chile, Bet365 is operated by Hillside (Sports) ENC, a company with a Malta gambling licence. It is also the operating company that has made the bookie popular.
That is by ensuring Chileans have enough betting fixtures and a long list of markets. Bet365 covers different sports competitions, including NBA, English Premier League, and Wimbledon for tennis punters. Once you register on the site, you are also guaranteed amazing betting features, including cash-out. Consider Bet365 if you want amazing betting services.
- Pros
- Allows live betting.
- Has a poker section.
- It is secure.
- Offer live streaming services.
- Cons
- Live odds are slightly low.
Betway
Betway gambling site is a property of SGHC Limited and was formed in 2006 to interrupt the Chilean gambling scene. The bookie’s operator in Chile is GM Gaming Limited, a company with an MGA licence. Additionally, it is among the most secure sportsbooks with HTTPS and SSL data encryption technology.
The reason why Betway is reputable is not just the betting site’s bonus. Betway covers sports such as football, hockey, and volleyball which are popular in Chile. The bookmaker is also available in multiple languages, including Spanish. Lastly, Betway offers eSports and casino gambling services, making it accommodating.
- Pros
- Offers live betting.
- It is easy to enrol on Betway.
- Has iOS and Android apps.
- Provides punters multiple communication methods.
- Cons
- Has few live events.
William Hill
William Hill is yet another top Chilean bookie with amazing bonuses for Chile Customers. The site’s roots date back to 1934 when the owner first introduced William Hill betting company to the world. Since its formation, William Hill has undergone a perfect evolution. Currently, the bookie operates under Caesars Entertainment and boasts subsidiaries like American Wagering and Sportingbet.
Before getting started at William Hill sportsbook, you should know that William Hill is the best site to punt on horse racing events. The bookie also covers football, golf, and handball. Adding that to the comprehensive betting markets make William Hill an interactive platform.
- Pros
- Has an attractive interface.
- Offers amazing promotions.
- Allows live streaming of events.
- Covers all the major horse racing meetings.
- Cons
- Less competitive live odds.
Why Should You Opt for Chilean Betting Sites?
Chilean betting sites are popular for many reasons. For instance, most bookies come with excellent coverage of sports. You are guaranteed access to sports such as football, volleyball, and boxing. Moreover, they have betting features such as cash-out and a bet builder, which assists with betting. Adding these to their amazing interfaces and speed makes Chilean betting sites impressive.
Is it Legal to Gamble in Chile?
It is legal to gamble in Chile. The country had allowed gambling since 1934, when the first gambling regulatory body was formed. You can play casino games and place sports bets in the country without any problems.
Did You Know This?
- Most offshore bookies in Chile lack local gambling licences.
- Polla Chilena de Beneficencia was the first gambling regulatory body in Chile.
- You must be 18 years and beyond to gamble in Chile.
- The Chilean government earns more than $800,000 in tax thanks to gambling.
- There are very few local online betting sites in Chile.
Do Chilean Punters Face Any Form of Restrictions in Some Bookies?
Chilean punters rarely face any form of restriction by some bookmakers. Gambling is allowed in the country, so bookies see no need of restricting Chileans.
What Is the Chilean Gambling Industry Like at a Glance?
Before you start looking for where to bet in Chile, here are some facts that you should know about gambling in Chile.
- Currency
The official Chilean currency is the Chilean Peso or CLP. It is mostly offered for local online punters. - Population
The current Chilean population stands at approximately 19,350,607, which is quite high. - Active players
From the total population, the number of active gamblers in Chile is approximately 6,000,000, with all punters being 18 years and beyond. - Regulatory authority
The current regulatory authority of Chile is the Superintendency of Gambling Casinos (SCJ), a body formed by the Chilean government. - Licensed gambling products
The main licensed gambling products include online sportsbooks, land-based casinos, lottery, and horse racing. - Types of operators
The types of operators in the Chilean gambling industry are categorised into land-based and online operators.
How Do I Know the Right Chilean Betting Site to Consider?
If you want to end up in the right Chilean sportsbook, you need to look at the following:
The best bookie should offer cash-out. Cash-out gives you control of your sportsbook by allowing you to withdraw part of your complete wager from an active bet.
Top bookmakers allow you to punt on events after they begin. They cover multiple live events from sports such as football and handball.
Make sure the bookie has enough generous bonuses. A good bookie should have a welcome bonus and a couple of existing customer offers.
The best Chilean bookie should offer live streaming services of most live events. If it does not offer the feature, it is not ideal.
Only consider sportsbooks with a wide range of markets. The best Chilean sportsbook should have at least 500 markets and beyond.
Only consider bookies with generous odds. If possible, the bookie should also have different odds formats.
Which Are Some of the Top Bonuses in Chilean Bookmakers?
Some of the top promotions offered by Chilean bookies include a welcome bonus and cashback offers. Most sportsbooks also have free bets and reload bonuses for current clients.
Which Sports Do Chileans Love Punting On?
Chileans love punting on sports such as football, horse racing, and baseball. A large number of Chileans also punt on handball and athletics. That is why gambling activities increase during the Olympics.
What Is Mobile Betting Like in Chile?
Chileans love mobile punting. That has seen most bookies introduce dependable mobile websites and applications. After all, everyone wants to bet on the move. With your mobile phone, you can access the best online casinos and punt on different sports.
Are There Any Online Casinos in Chile?
Chile has multiple online casinos. That is because apart from sports punting, Chileans love playing slot machines. They also love gambling on table games and live casino games. It is among the reasons why most gambling websites have casino sections.
What Are the Most Supported Deposit and Withdrawal Methods?
Every sportsbook in Chile offers punters various payment methods. The most popular payment solutions include MasterCard and VISA. Chilean players can also transact online using e-wallets like PayPal and Neteller. All these are dependable and secure payment solutions that you can trust.
The Chilean government does not tax any kind of winnings. However, they do tax the operators that offer gambling services. As a result, you get to keep every amount you win, whether gambling on an offshore bookie or a local sportsbook.
Top Chile Gambling FAQs
Does Chile allow online gambling?
Chile allows different forms of gambling, including online gambling. That explains the presence of multiple local and offshore sportsbooks.
Do land-based casinos pay tax in Chile?
Yes, land-based casinos pay taxes in Chile. The government requires every establishment and local operator to pay an annual tax.
Does Chile tax offshore sportsbooks?
Most Chilean offshore sportsbooks don’t pay tax to the Chilean government. There are no strict laws that force offshore sportsbooks to pay taxes.
Which is the best bookie in Chile?
The best Chilean sportsbook is William Hill. William Hill offers punters great sports coverage and has some of the best betting markets.
Can I gamble using CLP online?
You can gamble using CLP. However, that is only common in local Chilean sportsbooks. Offshore bookies offer international currencies like USD and EUR.
Do punters receive bonuses from Chilean sportsbooks?
Yes, punters receive bonuses from Chilean sportsbooks. It is one of the ways the bookies use to remain attractive to new Chilean punters.
Which are the popular markets to punt on in Chile?
The most popular betting markets in Chile include Match Winner and Double Chance. Punters also prefer Outrights since they usually come with competitive odds.
Do Chilean sportsbooks accept cryptocurrencies?
Very few Chilean sportsbooks accept cryptocurrencies. The form of payment is yet to take off in the Chilean online gambling scene. However, some advanced local and international sportsbooks allow betting using cryptocurrency.
Final Verdict
Chile is an incredible country to gamble due to its lenient gambling laws. The nation accepts different forms of gambling, including sports betting and casino gaming. That has seen the online gambling scene become competitive and lucrative over the years. As a result, this read has provided you with the best criteria to use when choosing the best sportsbook in Chile. It also has useful information about the Chilean gambling industry. You should have enough details to navigate the Chilean gambling scene like a pro.
