Online Casinos in Latvia
Bookmakers in Latvia
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Bookmakers in Latvia

Looking for the best bookmaker in Latvia? You have come to the right place! Check out the most popular sports betting sites and get to know the different types of sports bets! Whether you're a big sports fan or a seasoned player, you'll find the best deal for you in our list. Find out about the most popular sports bets and choose the best bookmaker.

Advantages
  • Wide variety of betting markets offered by Latvian sportsbooks
  • Promotions offered by sportsbooks have reasonable terms
Disadvantages
  • Some sportsbooks may charge a fee for making deposits/withdrawals

The Best Online Betting Sites in 2024

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Date added
Rating
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Drip
Drip Casino
5/5
Starda Casino
Starda Casino
5/5
Monro Casino
Monro
5/5
Betplays.com
Betplays
5/5
William Hill
William Hill
5/5
Casombie Casino
Casombie Casino
4.8/5
TreasureSpins casino
TreasureSpins Casino
5/5
SlotsPalace
SlotsPalace Casino
5/5
Mr Green
Mr Green
5/5
Lucky Bandit
Lucky Bandit
5/5

What Do Sports Betting Sites Offer?

Nowadays, there are many different types of gambling, and one of them is betting. It is a type of platform that allows every player to place sports bets on their favorite sports, games or competitions. The most popular sports are, of course, boxing, basketball, football, hockey and tennis. However, bookmakers regularly supplement their offer with lesser-known sports, such as darts or esports.

Also, of course, totalizators offer not only sports bets but also bets on various political, musical, and other events.

Those who bet on sports should note that the probability of winning depends on the outcome of the game or competition. Winnings are paid out after the competition ends. You place a bet on a certain result or simply the team that will win. If you win, you also get the winnings based on the bet. If you don’t guess and lose, the money is divided among the winners, but the sportsbook keeps the commission.

If until recently people had to go to a physical point of acceptance of sports bets, now the process is much simpler.

With the introduction of online totalizers in Latvia, the process of placing bets has been significantly simplified. There is no more need to go to betting points with large amounts of money and wait in line.

All this can be done while sitting at home, on the sofa. Also, in case of winning, the entire amount of money will be transferred to your player account.

Casino-latvija.com” has gathered the list of the best bookmakers in one place. Only bookmakers licensed in Latvia can be found in the list.

Who Regulates the Fairness of sports betting sites available in Latvia?

If we are talking about betting in Latvia, you should definitely choose to invest your money in casinos that meet all the requirements of the security policy and are supervised by the Lotteries and Gambling Supervision Inspection of the Republic of Latvia. Only licensed bookmakers are allowed to operate in Latvia and the market is strictly regulated.

The Law on Gambling and Lotteries prescribes the procedure for gambling and lotteries and regulates the activities of the organizers of gambling, and the activities, and responsibilities of the gambling service provider.

And it’s not just a formality or a name – when you visit the bookmakers licensed in Latvia, you know that you will not be scammed, your money will be paid out accurately and everything will be fair.

On the other hand, when choosing gambling operators licensed abroad, players can also be sure of the security of their data, but it should be noted that the possibilities of customer support and consumer protection are much more limited.

By registering at unlicensed casinos and placing bets on unverified and suspicious sites, you may not receive your deposit or the personal information you provide may be misused.

We really want you to enjoy the betting gamble and get a positive experience, not worry about your safety.

How We Rate Betting Sites?

Nowadays, there is no shortage of totalizators that offer sports betting, and as time goes by, their offer becomes richer and richer. Increased competition forces totalizators to think more actively about how to stand out from the rest, retain existing customers and attract new ones. To not get confused in the wide offer of bookmakers, we have created guidelines on how to evaluate a bookmaker.

The list of Latvian bookmakers is not small, so you will need to get acquainted with the casino reviews, to which we have devoted time and careful research. Testing is time-consuming, we evaluate all of the above criteria step by step ourselves. As a result, we publish casino reviews so you can choose where to place your bets.

  • Security – a license issued by the Lotteries and Gambling Supervisory Inspection of Latvia;
  • Fast and secure payments;
  • A wide range of sports events, the most popular tournaments and leagues, such as the NBA, NHL, UEFA Champions League (William Hill bookmaker offers to place bets on more than 20,000 sports events worldwide);
  • The best sports bets with a wide offer;
  • Live Bets (bets during the game);
  • Cash Out option during the game;
  • Unique bets also on less popular events;
  • Bookmaker bonuses and special offers (risk-free bets, sign-up bonus, etc.);
  • Professional customer support service in several languages.

Reliability and Security

One of the most important factors when choosing an online casino is to make sure that the platform you are using is secure. The reason for this is as follows – sports bets are made using real money, every customer wants to be sure that the deposited funds are safe, and there is a guarantee that in case of winning, it will be possible to receive a payout without complications.

Nowadays, the activities of totalizators both in Latvia and in other countries are regulated by relevant institutions, so you must make sure that the totalizator you plan to use has received all the necessary permits and licenses that certify compliance with certain standards.

Regardless of whether you choose to bet using Latvian or foreign sites, always make sure of the safety of the platform, study the reviews, as well as find out how it works. The most reliable and well-known bookmakers have been operating for at least 5 years.

Deposit/Withdrawal Methods

The deposit and withdrawal process is important for every player. When we bet on sports, we are investing real money, so there is no doubt that we want to be sure that the contribution is directed to the fulfillment of the right purpose. Same with winning withdrawal.

We want to see the winnings in our bank account as soon as possible. It is true that the speed of payouts differs for different sites. You should also know that there are platforms that withhold commission.

The most important aspects to consider are the minimum and maximum amount that can be deposited and withdrawn, as well as the ways in which the deposit and withdrawal can be made and of course the speed.

Bonuses Offered by Bookmakers

The types and amounts of bonuses may differ for different totes, but most often they are designed not only to attract new visitors, but also to please existing ones. In case you can’t choose between different sites, pay attention to what bonuses are offered. There are several types of bonuses available – some of them are for new players, others for loyal customers.

The Probability of Winning

A coefficient is a number that predicts the probability of a certain outcome. Any bookmaker can set different winning probabilities for specific games and competitions.

Variety of Sports and Bets

Every player chooses to make sports bets on what is closer, as well as on what is known more, because luck alone is often not enough. Knowing the history, past results, pros, and cons of a particular team or player can help you make a more accurate prediction that leads to bigger winnings. To make the process even more exciting, find out which sports are available for betting. Also, be sure to research the types of bets available.

Personal Interests

When choosing a bookmaker, each player should consider their own interests and taste. For some, it may be important to find sports bets with the highest probability of winning, while others focus on the experience they can enjoy.

Ease of Use of the Platform and User Experience

Nowadays, the user experience plays a very important role in attracting new customers, so comparing different sites on their design, availability and the ability to use the site not only on a computer but also on other smart devices is significant. Even if the sweepstakes offer the highest winning probability and big winnings, customers are likely to choose other alternatives if they don’t like the design and performance of the site.

Customer Service

It is important for every player to have reliable customer service that can solve various problems in case of questions. Not only the availability of customer service is important, but also the attitude and professionalism.

Betting can be an exciting and original way to use your sports knowledge or make watching games and competitions more interesting. At the same time, it should not be forgotten that betting is a form of gambling – entertainment, in which moderation must also be observed.

If you know someone close to you who has a gambling addiction, please seek help immediately. Play responsibly.

The Best Sportsbooks According to User Ratings

🏆 The Best Betting Site in LatviaBetsafe
📈 Highest OddsOptibet
💻 The Best Sportsbook for Live BetsLVBet
🎁 The Best Sports Betting BonusesOlybet
🌎 The Best Foreign SportsbookBetplays
🥅 The Best Hockey Betting SiteTonybet
⚽️ The Best Football Betting SiteWilliam Hill
🏀 The Best Basketball Betting SitePafbet

Pros and Cons of Betting in Online Sports Betting Sites

Although there are certain advantages to using online bookmakers, it is important to consider the possible disadvantages as well. Before deciding whether online sports betting is something to try, it is best for bettors to understand both the advantages and disadvantages of online bookmakers.

✅ Advantages
Access to more betting optionsOne of the main advantages of online bookmakers is that they offer a wide range of bets. This means you have options to bet on a wider range of sporting events and horse racing, as well as other events such as politics and entertainment.
High oddsAnother advantage of online bookmakers is that the best online bookmakers often offer high odds. This is because online bookies have lower overheads, which allows them to pass these savings on to their customers in the form of better odds.
Bonuses and promotionsAnother advantage of online bookies is that they often offer bonuses and promotions that can help you win more money. For example, many online bookmakers offer sign-up bonuses to new customers, as well as ongoing promotions that can give you the chance to win prizes such as free bets and cashback.
ConvenienceOne of the main advantages of using online bookmakers is that they are much more convenient than traditional land-based betting points. This is because you can bet from the comfort of your home or even on the go using your mobile phone or tablet. You also don't have to worry about things like opening hours, as online bookmakers are open 24/7.
You can bet on live eventsAnother advantage of online sports betting is that you can bet on live events as they happen. This is called in-play betting. With live betting, you can bet on events such as the next team to score in a soccer match or the next point winner in a tennis match.
More information is availableWhen betting online, you have access to more information from the bookmaker than when betting in person. This includes information about the teams, players and coaches participating in the event you are betting on.
❌ Disadvantages
Bonus conditionsAlways read the terms and conditions when claiming a bonus from an online bookmaker. Bonus wagering conditions can make it difficult to convert the bonus into real money, and they differ between operators. It's important to understand the terms and conditions associated with any bonus so you can decide if it's right for you. It may take a lot of time, but it can save you money in the long run by educating yourself about these restrictions and avoiding accepting offers that aren't right for you.
Commission feesOnline bookmakers offer many conveniences and wide availability to users, however, this often comes with a commission fee for depositing and withdrawing money. When making a deposit or withdrawal, you may be charged a fee that can be difficult to understand, especially for beginners. This can make budgeting difficult, as betting funds are not always easy to top up when each transaction is charged.
Risk of a gambling addictionAs with any other form of gambling, there is always the risk of becoming addicted to sports betting. If you find yourself placing more and more bets and struggling to recoup your losses, it may be time to seek help. Gambling addiction can lead to financial ruin, relationship problems, and mental health problems, so it's important to seek help if you think you might have a problem.
Many types of bets
High Odds
Bonus promotions
Convenience
Chance to bet on live events
More information available by hand when betting online
Bonus terms
Commission fees
Risk of gambling addiction

How to Make a Bet in Online Sports Betting Site?

Online betting operators in Latvia offer a really large range of sports bets. Placing sports bets is not difficult, as sports bookmakers have made the whole process as user-friendly as possible, however, if you are not sure, we suggest you follow these steps to start placing sports bets safely and confidently.

1/8
Step 1
Casino-latvija.com

Choose an online sports betting site.

Fortunately, there are many great online bookmakers to choose from. Of course, choose sites that offer a variety of betting options for all of your favorite sports.

Step 2
Casino-latvija.com

Sign up and make a deposit.

Once you have made your choice, the next thing you need to do is to register with this sportsbook. You will then need to make your first deposit.

Step 3
Casino-latvija.com

Choose an event to bet on.

Find the sport you want to bet on. For example, if you want to bet on basketball, clicking on its section will open a selection with all available games.

Step 4
Casino-latvija.com

Make the prediction and make a bet.

If you have decided to bet on a game, then click on the desired bet type. If you don't immediately see the type of bet you want, you can usually click on the "more" button to see the full list of available bets for that particular event.

Step 5
Casino-latvija.com

Check the odds.

The next thing you need to do is check the odds. Usually the odds are given in the American odds format, but if this format is not your preference, most bookmakers give you the option to change it.

Step 6
Casino-latvija.com

Determine the amount of bet.

Clicking on the desired bet will open it in the virtual betting card. Here you will be able to enter the amount you wish to bet. Entering this will usually tell you the exact amount of money you can win if your prediction is correct.

Step 7
Casino-latvija.com

Confirm your bet.

If you like the amount you could win for the correct bet, then press the "confirm" or "place bet" button. However, read the entire bet card to make sure you are betting on what you want to bet on.

Step 8
Casino-latvija.com

Get your winnings.

Once you have placed your bet - wait! You've done your job, now it's time for your chosen team or player to do theirs. If your prediction was correct - you win.

What is Live Betting?

Live betting is offered online and takes place during the game. It has a special atmosphere, full of emotions and adrenaline. The most interesting thing is that the player has the opportunity to follow the game via video, audio or text live and at the same time react to events on the playing field that affect the course of the game. There are cases where decisions, such as punishing a participant, can completely change the outcome of the game.

In these cases, it’s important not to miss a good deal that’s available in real-time. This advantage allows you to adjust your bet and make the right choice, which in turn, allows the player to achieve good results.

In general, it doesn’t matter which sport you prefer. Both hockey and basketball fans can get a taste of the game by betting and following the game. Are you ready to take the challenge and make your first sports bet now? We have the list of the best bookmakers in Latvia – all you have to do is choose!

How Does Betting Odds Work in Betting Sites?

Sportsbook betting is based on odds that will ultimately determine your winnings. There are three different types of sports betting odds, of which Latvian bookmakers use only decimals. Sports betting odds:

  • The most popular decimal coefficients in Europe, as we have already mentioned (for example, the coefficient “4.00” would mean € 40 income if the starting rate is € 10, or € 30 profit and € 10 initial bet)
  • Partial odds (for example, 5/2 would mean € 70 win if the starting rate was € 20, (€ 50 profit + € 10 initial bet))
  • American odds (Based on a bet of 100 units and indicating a positive or negative result. If the odds are positive, it indicates how much profit you will get from a bet of 100 units. If the odds are negative, it indicates how much you have to bet to win 100 units from the specific bet.)
Decimal oddsPartial oddsAmerican odds
21/1100
2.51.5/1150
32/1200
3.52.5/1250
43/1300

Odd changes are also possible, which means that if players place more bets on events with the same odds and on one of them, the bookmaker runs the risk of losing their funds. Therefore, it is possible that the bookmaker will reduce the odds to the exact outcome that everyone is betting on, but will increase the odds to the one to whom the lower bet is placed.

Betting odds are another factor to navigate the Latvian bookmaker list. Although the differences are small, it sometimes plays an important role in choosing the right bookmaker.

How to Use Betting Odds?

Sports betting odds are an invaluable tool for any person looking to accurately anticipate the results of a sporting event. Being able to decipher sports betting odds is essential to being successful in this world and deriving maximum enjoyment while betting on sporting events. To be successful in using sports betting odds, it is important to familiarize oneself with certain core concepts. Doing this allows bettors who want to partake in sports gambling to use their own particular approach when prognosticating winners and subsequently make informed decisions. Therefore, understanding these fundamentals helps build more confident wagers.

Research the types of bets.

Knowing the different types of betting lines is vital if you want to make informed bets on sports. These include money line, point spread and totals. Understanding how these differ is crucial in order to make the right decisions when it comes to betting.

Learn how odds work.

In addition, it's also important to understand how these odds are calculated. Generally speaking, the probability of an event occurring plays a key role in calculating odds, with higher probabilities leading to lower odds and vice versa. As such, having a thorough understanding of both types of odds will help ensure that you make more informed bets on sports.

Search for the best odds.

When it comes to betting on an event, it is essential to look for the best coefficients. Different sports betting operators provide different odds for the same event, thus making it imperative to identify the one that offers the most favorable figures.

Understand the expected probability.

Additionally, understanding expected probability – i.e., how likely an outcome is as derived from a set of odds – can be extremely useful in helping to decide which bet is worth taking. Gaining insight into both sets of data will ensure that you have a better chance of coming out on top.

Use the odds in your favour.

Taking the time to get familiar with sports betting odds can really benefit a bettor in the long run. By finding the best odds and understanding the implied probabilities, you can gain a competitive edge and, potentially, improve your chances of success.

Once you have a good understanding of how sports betting odds work, it’s important to keep an eye out for different markets and sportsbooks as they may offer different lines on the same game. This means that you could find yourself reaping rewards if you are vigilant enough and have done your research thoroughly.

What Are the Options for Deposits and Withdrawals in Betting Sites?

Bookmakers in Latvia offer the following payment methods that you can use – payments with a bank card (VISA, MasterCard) or a bank transfer. But there are also sports bookmakers that offer other payments – Neteller, Skrill, PayPal, cryptocurrencies, and various other virtual wallets.

In order to make a deposit to place bets in a sportsbook or to receive a payout, the online casino will ask you to enter information about the payment method to be used in the future, indicating your bank card or internet banking details.

If you wish to change this information while using the casino services, you will be able to do so. The main thing is that the bank card or account is registered in your name and not in the name of a third party.

Please note that for a certain amount of money, you may be required to add an identity document to your gaming account profile in accordance with anti-money laundering policies.

Customer Support in Online Bookmakers

You can trust us for researching and reviewing sites. Customer support is very important and important because sports betting is not just entertainment, it is also a game played with real money, hence it is important that safety is of the highest importance.

In a good bookmaker site, you will find several customer support options – through Live Chat, by phone or by email, moreover, communication is usually possible in several languages. Of course, we appreciate and recommend that you choose an online casino that offers 24/7 customer support, but this is not always possible, so please also check the website for FAQs where you can find interesting answers to the most popular questions related to betting, sports betting or anything else. Safe and high-quality online casinos are generally very aware of the importance of customer support, so they provide professional help to players.

Interesting Facts About Betting Sites

  • It is estimated that approximately $240 billion is wagered on sports each year, with 10-15 billion of that amount being wagered illegally (statista.com).
  • Based on the data of the American Gambling Association, in 2019 the total amount of bets made on the final game of the Super Bowl reached 6 billion US dollars.
  • Asia has the largest sports betting market, followed by Europe and North America in third.

Summary

A modern and good sports betting site should meet all of the following criteria: security and license, a wide range of sports bets, Live sports betting, a wide range of betting bonuses, convenient and fast payment methods, quality design and easy navigation and flexibility for mobile devices.

Although in our reviews we have found the best sports bookmakers in Latvia that fit our named criteria, the list still contains many different bookmakers with their pros and cons.

How to navigate the selection and find the most suitable bookmaker? Look for security, quality offer and service. It is up to you – which sport, what bets, the design that suits you the most, etc.

The list of Latvian bookmakers is wide enough and we have licensed bookmakers with a good offer of sports games and great rates. Every single person has their own preferences and if you are not happy with the bookmaker you have registered with, be sure to switch to another.

Frequently Asked Questions

Is it legal to bet on sports online?

Sports betting and betting is allowed and licensed in Latvia, but it depends on which country you live in. Most players around the world can play legally, however, there are also countries where it is not allowed.

Is there a limit to how many bookmakers I can register and bet on?

There is no such limit, it is your choice.

Can I Make Money On Sports Betting?

Yes, of course, but there are many factors that affect it. The best way to make a steady income by betting is to look for low-risk bets while avoiding high-risk bets. Look for bets where you know the sports that have good odds, low risk, try lower stakes at first, research teams, and don’t always go for favorites. Making bets and making a profit is a never-ending learning process.

How much do professional bookmakers earn?

Top professional players guess the outcome 55% of the time. For a player to win around €30,000 per year, a player would have to place around 300 bets and spend around €1,900.

Are bookmakers safe and legal?

Yes. Like other games, betting is legal in Latvia. But in order for a bookmaker to be available to offer their services, it is necessary to obtain a license granted by the Lotteries and Gambling Supervisory Inspection of Latvia, as only bookmakers licensed in Latvia are legal.

Can the bets be changed/canceled?

No, bets cannot be canceled. For this reason, we recommend that you read the rules carefully. Once the selected rate is confirmed, it cannot be canceled. The bet can only be canceled if there is an error related to the action on which the bet was placed.

Can I register with several bookmakers at the same time?

Yes, you can sign up for different bookmakers, but you can only have one account per site. Your payment card and bank account must also be in your name and you must be at least 18 years old.

Can I change a bet after it has been placed?

Once a bet is placed, you cannot cancel it. But a large number of bookmakers offer to make changes by deleting some positions or adding them.

Tomass Liepa

Tomass Liepa

🏫 Professional writer 🃏 Likes to play poker 🏆 Always looking to improve skills

Tomass Liepa is a professional writer who has been working in the field for several years. He enjoys sharing his knowledge and tips with readers, helping them to make informed decisions. In his spare time, Tomass likes to read books about business and play poker with friends. He is a keen observer and learner, always looking to improve his skills.

About Tomass Liepa
53 articles

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