Best Betting sites in Chile

In our guide you will find out which are the best online betting websites for Chilean punters. Take a quick look at the table below to compare the best options and read more about them in the text below.

Intro

The country of Chile is a sizable nation that covers the South American west coast. Along with boring Bolivia and Argentina, the Pacific Ocean is home to the Andes and Chilean Coast mountains.

As a country with a liberal approach to gaming, this best betting sites in Chile guide will delve deeper into its legalities. Moreover, it will address Chilean gambling laws, provide a top list of bookmakers in Chile and other valuable information.

Which are the top 4 Online Betting Sites in Chile?

The top four online betting sites in Chile are Bet365, Betsson, William Hill, Betway. As each has a proven reputation for online gaming excellence, we have included brief overviews of their betting services. In addition, we included pros and cons to help you select the bookie with the platform that fits your need.

Competition between Operators

Under the current legislation in Chile, competition between operators is limited to land-based operations only. While operating online, the major of competition centres around the 25 casinos in Chile and their relative locations. However, as each region is only allowed one casino, the threat of competition between operators is all but non-existent.

What are the available Payment Methods in Chile?

The available payment methods in Chile include e-wallets, cryptocurrencies, debit cards and credit cards. Due to the legalities for offshore betting in Chile, the more preferable payment methods for Chileans are cryptos. The benefit to having the crypto option is the anonymity they provide Chileans, even though transactional fees apply.

Chilean bookmakers do not charge a deposit or withdraw fees in terms of transactional costs. However, they set minimum deposits that generally range between $10 – $20. As bookies may accept the Chilean peso, those amounts will be based on posted exchange rates. The minimum amounts for deposits and withdrawals will be based on the respective cryptocurrency concerning cryptos.

Another topic relevant to payment methods is deposit and withdrawal processing times. All deposits are processed in real-time and applied within 30 seconds or less. However, withdrawals are based on payment and can take up to seven days for processing.

What are the Mobile Betting options in Chile?

The mobile betting options in Chile include iOS and Android mobile apps and mobile websites. Each mobile betting option is optimised for user experience and consists of various options. These vary from easy to download apps to betting and player usability features, banking options, and security features.

It is worth noting that betting apps are free to download and install, accessing mobile site betting platforms. The good news for Chilean punters is either option is ideal for sports punting and accessing casino games. The functionality remains the same and is consistent whichever of the two users choose when accessing their accounts.

What are the leading sports for betting in Chile?

The leading sports for betting in Chile are Football, Tennis, Handball, and Basketball. As the leading sports, they are not the only sports as others like cycling and golf are also popular. However, we have included a brief overview of each to explain their popularity.

• Football
  As a South American country, football ranks as the most popular sport and is favoured by both players and fans. Chile is home to multiple leagues, national teams and is a sport that is a big part of the countries youth sports program.
• Tennis
  Tennis is another popular for Chileans due to the country’s success at the World Cup Clay Tournament in 2003 and 2004. Another contributing factor to the sport’s popularity is the Chile Open that is part of the ATP Tour.
• Handball
  A substantial attraction to betting on handball for Chileans is the Chilean Men’s National Handball Team. Adding to its appeal for punters is the countries Handball Federation and their work with schools and local handball clubs.
• Basketball
  Basketball is another leading sport closely tied to the country’s national basketball team. In addition to its men’s and women’s national teams, basketball is predominantly played in schools and domestic leagues.

The profile of a Chilean Bettor

The profile of a Chilean bettor is mostly based on historical data that has shown the country to be passionate about sports betting.

The overwhelming majority of those who participate in sports-related gambling activities are males between 18 and 65. However, female bettors in the country are more drawn towards land-based casinos and generally favour games of chance. These average ages were unavailable, as was any data relating to the typical players economic status.

FAQ about online betting in Chile

Our verdict about betting in Chile

The current climate for online betting in Chile may be less favourable than Chileans would like, but the future looks bright. From all accounts, the Chilean government favours enacting laws to allow all forms of online betting. Unfortunately, it is not expected to become legal for several years, limiting Chileans options.

However, as we have mentioned, the Chilean authorities do not actively enforce the countries online gambling laws. It is clear the practice is widely accepted, and therefore Chilean punters are free to bet online at their discretion.