Latvia is among the European countries where all forms of gambling activities are legal. Moreover, gambling in the country is regulated, and many Latvians enjoy accessing online gambling sites. Online betting in the country is among the most preferred types of gambling activities. In this article, you will find more about the top bookmakers for Latvia and other details regarding online betting in the country.
TOP Betting Sites in Latvia
The online gaming industry in Latvia is thriving. Since all forms of gambling activities are legal, many operators accept Latvian players. But not all of them offer the best services. Below, we have made a list of online betting sites in Latvia that boast the best overall performance.
OlyBet
OlyBet is among the popular betting sites in Latvia. It started offering its services in 2010 and soon became preferred by many Latvian punters as well. This online bookie has an operating licence in Estonia and is a leading operator for the Baltic region. It is also licensed in Latvia and therefore is among the top online bookies for the country.
OlyBet boasts a well-managed betting platform. There are lots of betting features that punters can choose from. The variety of sports offered by OlyBet is huge. Besides, the live betting services of this operator are excellent. Punters can choose from various betting markets for the top live sports events.
- Advantages:
- Great variety of sports
- Lots of betting markets
- Excellent in-play section
- Quick withdrawal procedures
- Disadvantages:
- Lower odds
- Fewer payment methods
N1Bet
N1Bet is a brand new betting site. First, it appeared on the market in 2021 and has quickly gained popularity among the online betting community. This operator has a valid licence from Curacao and offers good safety features. N1Bet is operated by the well-known Dama N.V., which is a company that managed several other successful betting brands.
Although N1Bet is a fresh new betting site, it has managed to combine the most preferred betting tools. The list of available sports is vast enough. Moreover, this online bookie offers a great variety of payment methods, including Bitcoins, which makes it competitive enough. The full cashout is among the extras that punters can benefit from.
- Advantages:
- Various payment methods
- Good selection of sports events
- Lots of markets for specific sports
- Attractive odds levels
- Disadvantages:
- Higher betting limits
- Longer withdrawals
Optibet
If you still wonder where to bet in Latvia, then you need to know that Optibet is yet another good betting site to check out. It was first launched in 2015 and has good potential. It is among the most popular online bookies with a licence in Latvia. This operator is among the ones that target players from the Baltic region.
This online betting site can impress punters with great customer support service. The list of betting options is excellent, too, including a good range of betting markets for each event. Its live betting section is also attractive enough, offering extra markets and other convenient features, including stats and results.
- Advantages:
- Top sports on offer
- Attractive betting markets
- Excellent live betting section
- Great customer support
- Disadvantages:
- A limited number of payment methods
- No live streaming
Mr Green
Mr Green is a very popular international gambling site. But many punters also know it for its sports betting section. It was first launched in 2016. As an international operator, it has licences from Malta and the IKGC. Mr Green is a trusted and reputable betting site with an established reputation in Europe.
We ranked Mr Green in our list of online betting sites in Latvia because it has very good betting services. The list of sports is long enough, with more than 35 propositions in the list. Besides, Mr Green can offer you more than 10,000 live betting events every month and nearly 250,000 sports events a year.
- Advantages:
- Well-managed sports events list
- Many live events monthly
- Great mobile apps
- Cashout and Bet Builder are available
- Disadvantages:
- Live streaming is unavailable
- Lower withdrawal limits
Betsafe
The brand Betsafe is yet another renowned online bookmaker with a great reputation in Europe. It has a licence from Malta but is also regulated in Latvia. Betsafe has a rather long experience in the iGaming industry because it was first introduced to the gambling market in 2006. This operator also supports many languages such as English, Swedish, Norwegian and more.
The list of available sports at Betsafe is impressive – more than 32 different sports. Besides, there are lots of options to choose from in the live betting section of this operator. Betsafe also offers a dedicated section with betting statistics and useful information. This online bookie boasts one of the most attractive odds as well.
- Advantages:
- Great odds levels
- Excellent selection of sports
- Top betting markets
- Convenient betting apps
- Disadvantages:
- Cryptocurrencies are not accepted
- Fewer betting promotions
LVBet
LVBet is among the new betting sites for Latvia that many punters in the country like a lot. This online bookie started to offer its services in 2016. Currently, it is licenced in Malta. The company that operates LVBet is Fairload Ltd., which is also the licence holder of the betting site.
If you like to bet on different sports, then LVBet is the right place for you. Here, you can find more than 50 events to bet on. Besides, this online bookie offers special bets that can help you diversify your betting session. You can also use convenient betting apps to punt on the go.
- Advantages:
- Various betting markets
- A long list of sports
- Great mobile performance
- Extra special bet options
- Disadvantages:
- Odds for secondary bets are less competitive
- The withdrawal limits are lower
Why Bet Online in Latvia?
Gambling in Latvia has been fully legalised since 2005, and therefore, the online betting industry tends to be the fastest and easiest option to many punters in the country. Latvian gamblers can enjoy the services of the top bookmakers at any time. Online betting in Latvia is already a segment that enjoys great interest.
Yes, they can. All forms of gambling activities in Latvia, including online betting, are fully legal. The governing authorities, though, regulate the gambling markets strictly, trying to establish a secure environment.
Gambling started to become popular in Latvia in 1991 when the first casinos were introduced. But it was not until 2005 when the Gambling and Lotteries Law was passed. Through this law, the government legalised all forms of gambling activities. However, the respective authorities in the country control and regulate gambling activities. All providers of gambling services in Latvia are subject to taxation.
No, the majority of top bookmakers do not restrict players from Latvia. Almost all bookmakers that can be accepted online offer their services to players in the country. There are no specific gambling restrictions that may force the gambling sites to restrict players from Latvia.
More Gambling Facts
- Currency
The Latvian lats are the official currency of the country. But as Latvia is part of the European Union, the Europ is the other currency in use. Therefore, many of the Latvian betting sites offer bonuses in Euros. - Population
Latvia is a small country with a population that barely numbers more than 1,907,675 people. Along with native Latvians, many Russians, Belarusians and Ukrainians are living in the country as well. - Active players
Since Latvia has a small population, the percentage of active players is not that big. Nonetheless, many people aged between 25 and 50 choose to engage in different online betting activities. - Regulatory authority
Gambling in Latvia is regulated. The country has a special institution that is responsible for controlling all gambling activities. This is the Lotteries and Gambling Supervisory Inspection of the Republic of Latvia. - Licensed gambling products
Since gambling in the country is regulated properly, all operators that offer their gambling services need to be licensed. But in Latvia, all forms of gambling activities are allowed. Land-based casinos and bookies can operate only if they have proper licensing. On the other hand, online casinos, online betting sites and online poker operators are also allowed to operate legally. - Types of operators
The online gambling segment in Latvia is developed. Many customers from the country like to gamble on the internet. Online casinos are also extremely popular in Latvia. Many of the best online casinos are often visited by Latvian players. The online betting sites are, of course, the other types of operators that are extremely popular in Latvia. Online poker operators are the other group of platforms that enjoy the attention of Latvians.
What To Watch For When Choosing the Latvian Betting Sites
There are some key elements that you need to pay attention to. First of all, you need to check if the operator that you have chosen has a valid licence from the gambling regulatory organisations in the country. Then, you need to be sure that the online bookie offers lots of sports and betting markets. Also, check the available payment options to be sure that everything will be as convenient to you as possible. Don’t forget to assure yourself that the bookie also has a well-managed live betting section packed up with the top features and options.
Can You Find Bonuses for Latvian Players?
Yes, many of the top bookmakers offer specific betting sites bonus offers. Players can also find various regular bonuses for Latvia customers that can be claimed in Euros. Our research showed that each operator from our list of online betting sites in Latvis offers attractive promotions that are suitable for Latvian customers.
What are the Most Popular Sports to Bet on in Latvia?
Players in Latvis choose to bet on top sports such as football, basketball, volleyball, ice hockey, skiing and tennis. But other sports such as boxing, MMA, handball, beach volley or ski jumping also tend to be preferred by many Latvians.
Is Mobile Betting in Latvia Popular?
Yes, many Latvians prefer to bet through their mobile devices. A bigger part of the punters in the country access the gambling sites through their PCs. But statistics show that lots of Latvians choose to use the top betting apps and place bets on the go.
Are Online Casinos Popular in Latvia?
Absolutely, yes. Online casinos in Latvia are among the operators that many Latvians prefer to access. Besides, online gambling games such as slots, roulette, blackjack and poker are among the most preferred types of games that Latvians play at the best online casino. Real dealer games are also extremely popular.
What are the Supported Payment Methods
Latvian choose to use many of the most popular payment methods such as Visa, Mastercard, Skrill, Neteller or PayPal. Often, e-wallets are more preferred. Other payment methods such as EcoPauz, Paysafecard or Bank Transfer are also used. Lots of Latvians who access the new betting sites also like to gamble using popular cryptocurrencies such as Bitcoin.
Yes, since 2018, players in Latvia need to pay a tax on gambling winnings that exceed € 3,000. For bigger amounts, the tax increases to 23% of the amount. Gambling winnings that exceed €55,000 are subject to a 31.4% tax rate.
FAQs
What are the best betting sites in Latvia?
The list of online betting sites in Latvia that we introduced to you includes the top operators that have the best overall betting performance.
How to choose the top bookmakers in Latvia?
Security is the first element to pay attention to. But you also need to check other factors such as the number of sports on offer, types of betting markets and other extra features.
Is online betting in Latvia legal?
Yes, betting at online gambling sites in Latvia is fully legal. Many of the new betting sites in Latvia are extremely popular.
Can I punt at the Latvian top bookmakers on the go?
Yes, all online betting operators in Latvia have great mobile compatibility. Some even offer convenient betting apps.
What are the most popular sports to bet on in Latvia?
Many Latvian punters prefer to place wagers on top sports. These are football, basketball, tennis, volleyball, ski jumping and more.
How to bet at the top bookmakers in Latvia?
You need to register as a new player at the preferred betting site. But before you can place bets, you need to choose a payment method and fund your account.
Do the Latvian top bookmakers offer bonuses and promotions?
Yes, the majority of betting sites in Latvia offer attractive betting sites bonuses. There are other interesting regular bonuses for Latvia customers as well.
Final Comments
Latvia is a country where all types of gambling activities are legal. Online betting in the country is extremely popular, and there are lots of top operators to choose from. But the list of online betting sites in Latvia that we have selected includes only the most advanced gambling sites. These are the top bookmakers where Latvian punters can benefit from top betting markets, lots of sports events, and various other betting features.
