Last Update: 03.11.2022 10:28

Bookmakers

Betting - what is it? Mostly, it is a game of luck in which people place sports bets on the upcoming event. For some, it's just a way to spend their free time, for others it's an opportunity to make money with their analytical thinking.

Licensed bookmakers in Latvia

Available in Latvia
Safe & expert reviewed
Safe casino icon

Yes, Olybet is a safe online casino because it has a license from the Lotteries and Gambling Inspection of the Republic of Latvia. License number – E-06; TI-16.

Main features
  • Lots of new bonuses every day
  • Official NBA sports betting representative
  • One of the best poker rooms in Latvia
Payment methods
Currency Euro
Payment method Mastercard
Payment method SEB
Payment method Swedbank
Payment method visa
Payment method Citadele
Payment method Trustly
More info Less info
Summary

If you have read the entire review then you will definitely agree that William Hill entered the Latvian market as a highly anticipated, internationally recognised, and high-class online casino and sports bookmaker. At William Hill you can enjoy slots, as well as place bets on your favourite sports. Not to mention a fantastic live casino where you can play various table games led by professional live dealers.

Safe casino icon

Yes, William Hill is a safe casino as it was issued a licence by the Lotteries and Gambling Supervisory Inspection of the Republic of Latvia. License number – A-67; TI-04.

Main features
  • Live casino available
  • Wide variety of Slot machines
  • Generous bonuses and offers
Payment methods
Currency Euro
Payment method Citadele
Payment method visa
Payment method Swedbank
Payment method SEB
Payment method Trustly
Payment method neteller
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Summary

Upon your first deposit at this amazing casino, you will receive 100 free spins. Join Mr Green’s loyalty programme, collect points and receive awards: free spins, money prizes, and, last but by no means least, a Mini Cooper electric car. Doesn’t it sound exciting? Customer Support is available through live chat and email. You will also find a section with the most frequently asked questions. You will be able to enjoy quick online banking and credit card payments. The minimum deposit is €5.

Safe casino icon

Yes, Mr Green is a safe and reliable casino as it is licensed by the Lotteries and Gambling Supervisory Inspection of the Republic of Latvia. License number – E-05; TI-15.

Main features
  • New online casino in Latvia
  • Wide offer of jackpot games
  • Huge assortment of games from leading developers
Payment methods
Currency Euro
Payment method Citadele
Payment method visa
Payment method Swedbank
Payment method Mastercard
Payment method SEB
Payment method Trustly
More info Less info
Safe casino icon

Yes, Betsafe is a secure online casino. It has been granted a license by the Lotteries and Gambling Supervisory Inspection of the Republic of Latvia. License number – E-1; TI-07.

Main features
  • Betsafe STAR CLUB loyalty program
  • Large selection of sports betting
  • High-level customer support and FAQ
Payment methods
Currency Euro
Payment method Citadele
Payment method visa
Payment method Swedbank
Payment method SEB
Payment method Mastercard
Payment method Trustly
More info Less info
Safe casino icon

Yes, LVBet is a safe online casino. It has been issued a license by the Lotteries and Gambling Inspection of the Republic of Latvia. License number – A-69; TI-14.

Main features
  • High odds for sports betting
  • The offer of casino games is regularly supplemented
  • Sports betting in Esport
Payment methods
Currency Euro
Payment method Citadele
Payment method visa
Payment method Swedbank
Payment method SEB
Payment method Mastercard
Payment method Trustly
More info Less info
Summary

Optibet is one of the biggest and most popular casinos in Latvia. It has a gambling license not only in Latvia but also in Malta. The customer support center is available via email, online chat and phone, which will benefit any player. However, it is not available all day. It is worth pointing out that payouts are relatively slow, compared to other casinos. The website is quite modern and easy to navigate. Here you will find slots from the best developers, all in one place. The choice of slot machines will not disappoint.

Safe casino icon

Yes, Optibet is a safe casino as it is licensed by the Lotteries and Gambling Supervisory Inspection of the Republic of Latvia. License number – A-66; TI-01.

Main features
  • Comprehensive FAQ page
  • More than 1200 slots
  • Customer support available in English, Russian, and Latvian
Payment methods
Currency Euro
Payment method Citadele
Payment method visa
Payment method Swedbank
Payment method SEB
Payment method Mastercard
Payment method paysera
Payment method revolut
More info Less info
Summary

The casino is licensed by the Lotteries and Gambling Supervisory Inspection of the Republic of Latvia. Klondaika provides its players with 24/7 customer support. Customers can contact experts anytime, at their convenience. At Klondaika casino you will find unique bonuses. A mobile casino version and app are available. Live casino is also available. A user-friendly and easy to navigate home page will make it easy to search for favorite games. The casino offers a welcome bonus. Klondaika’s most loyal customers are recognised with special rewards. We strongly recommend you to try out this casino.

Safe casino icon

Yes, Klondaika is a safe and reliable casino as it is licensed by the Lotteries and Gambling Supervisory Inspection of the Republic of Latvia. License number – A-52; TI-08.

Main features
  • Modern website design
  • Popular game developers
Payment methods
Currency Euro
Payment method Citadele
Payment method Swedbank
Payment method SEB
Payment method Lumior
Payment method visa
Payment method Mastercard
Payment method revolut
More info Less info
Safe casino icon

Yes, Pafbet is a safe casino. It has been granted a license by the Lotteries and Gambling Inspectorate of the Republic of Latvia. License number – E-02; TI-09.

Main features
  • Original “Paf” casino games
  • Players can see the last winnings
  • Well known casino with great experience
Payment methods
Currency Euro
Payment method Citadele
Payment method visa
Payment method Swedbank
Payment method SEB
Payment method Mastercard
Payment method revolut
More info Less info
Safe casino icon

Yes, Synottip is a safe casino because it has a license from the Lotteries and Gambling Inspection of the Republic of Latvia. License number – A-64; TI-03.

Main features
  • STAR CLUB loyalty program
  • Large selection of sports bets
  • High level customer support and FAQ
Payment methods
Currency Euro
Payment method Citadele
Payment method visa
Payment method Swedbank
Payment method SEB
Payment method Mastercard
Payment method Lumior
More info Less info
Summary

Having reviewed TonyBet we can conclude that this casino is definitely worth checking out. Sports betting, casino, live table games – all in one place in the comfort of your own home. Popular and classic games at the click of a mouse. Enjoy the broad choice of games and betting offers at any time that works for you. You will be impressed by how quickly withdrawals are processed, as well as the fact that the customer support team is on hand to resolve any query 24/7. Do not forget to take advantage of the welcome bonuses, take part in competitions, and enjoy the VIP programme. The website design is customer-oriented and it would be impossible to name another casino that boasts such a tasteful and graspable website layout. It is extremely well-thought-out and produces an aesthetic pleasure. The casino has a lot to offer, so make sure to check it out.

Safe casino icon

Yes, TonyBet is a safe casino as it was issued a licence by the Lotteries and Gambling Supervisory Inspection of the Republic of Latvia. License number – E-07; TI-18.

Main features
  • Wide collection of Slot machines
  • Customer support operates 27/7
  • VIP Programs
Payment methods
Currency Euro
Payment method visa
Payment method Mastercard
Payment method skrill
Payment method neteller
Payment method Swedbank
Payment method SEB
Payment method Citadele
Payment method Lumior
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100% bonus up to €300

New player bonus

Summary

Fenikss is a modern casino with a colourful design and an easily navigable website. Not to mention that you can access it on your computer, tablet, or via mobile app. Play your favourite slots or try out live casino, here you will find an extensive selection of games and an overall great casino experience! At Fenikks you can place bets on various sporting events and games, including live broadcasts. We do hope that in time the casino will improve its payout processing times and that the customer support centre will extend its working hours, especially on weekends. To summarise, Fenikss is a customer-oriented casino which is more than happy to bring you on board.

Safe casino icon

Yes, Fenikss is a safe casino as it was granted a licence by the Lotteries and Gambling Supervisory Inspection of the Republic of Latvia. Licence number – A-47; TI-06.

Main features
  • Modern design of website
  • Casino has recieved gambling licence
  • Mobile app
Payment methods
Currency Euro
Payment method Mastercard
Payment method SEB
Payment method Swedbank
Payment method Citadele
Payment method visa
Payment method Mastercard
More info Less info
Summary

Casino 777 is a unique online casino platform that will impress even pro gamblers. Even though the gambling industry is rapidly developing and there are countless online casinos to choose from, in some ways Casino 777 is a veteran.

Safe casino icon

Yes, Casino 777 is a safe and reliable casino as it is licensed by the Lotteries and Gambling Supervisory Inspection of the Republic of Latvia. License number – A-51, TI-13.

Main features
  • Casino with traditions
  • Risk-free spins for new customers
  • Diverse range of online slots
Payment methods
Currency Euro
Payment method Citadele
Payment method Swedbank
Payment method SEB
Payment method Mastercard
Payment method visa
Payment method revolut
Payment method Trustly
Payment method paysera
Payment method Apple Pay
More info Less info
Safe casino icon

Yes, Vulkan.Bet is a safe casino as it was granted a Curacao licence. Licence number – 8048/JAZ.

Main features
  • VIP loyalty program
  • Excellent choice of slot machines from developers like NetEnt, NextGen and BetSoft
  • 24/7 Customer support
Payment methods
Currency Euro
Payment method visa
Payment method Mastercard
Payment method Maestro
Payment method neteller
Payment method skrill
More info Less info

Sports betting

In the past, people had to go to a real betting place to make a bet. Nowadays, the process is much simpler – bookmakers are more accessible. Online betting in Latvia and all over the world makes it a lot easier. There is no need to go to betting points and wait in line until you are allowed to place a bet.

All this can be done sitting at home on the couch. Also, in case of a win, the entire amount will be transferred to your player account. Nowadays, there are a lot of bookmakers that offer bets on many sports, not only global events but also local football, basketball, and hockey league games. “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. Take a look and choose the most suitable one! Before you start betting, check the betting strategy to understand how the betting works.

🏅 Nr.1 Bookmaker Betsafe
🏅 Best odds Optibet
🏅 NHL betting partner OlyBet
🏅 Nr.1 Choice for betting LVBet
4.5
4.5
Bonuses Bonuses
LVBet
500 Free spins
New player bonus
Olybet
250 Free spins
New player bonus
Optibet
100€ + 100 Free spins
New player bonus
Betsafe
200 Free spins
New customer bonus
Risk free bets
LVBet Olybet Optibet Betsafe
Special offers for major sporting events
LVBet Olybet Optibet Betsafe
⏳ Payout time LVBet
1 day
Olybet
Up to 5 business days
Optibet
Bank transfer: 1 business day Cards: 1 - 5 business days
Betsafe
2 working days
💳 Deposit options LVBet
Trustly Swedbank SEB Luminor Citadele
Olybet
VISA Mastercard Swedbank SEB Citadele Trustly Luminor
Optibet
VISA Mastercard Revolut Paysera Bank transfer
Betsafe
Swedbank SEB Citadele Trustly
💸 Minimum deposit LVBet
10€
Olybet
5€
Optibet
5€
Betsafe
5€
💶 Payout options LVBet
Trustly Swedbank SEB Luminor Citadele
Olybet
VISA Mastercard Swedbank SEB Citadele Trustly Luminor
Optibet
VISA Mastercard Revolut Paysera Bank transfer
Betsafe
VISA Trustly Bank transfer
🎁 Welcome bonus LVBet Olybet Optibet Betsafe
Positive reviews
LVBet
21
Olybet
16
Optibet
34
Betsafe
27
Negative reviews Negative features
LVBet
7
Olybet
1
Optibet
7
Betsafe
10
Screenshots
LVBet Olybet Optibet Betsafe
LVBet Olybet Optibet Betsafe

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. 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!

Criteria

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.

  1. Security – a license issued by the Lotteries and Gambling Supervisory Inspection of Latvia;
  2. Fast and secure payments;
  3. A wide range of sports events, the most popular tournaments and leagues, such as the NBA, NHL, UEFA Champions League (11.lv bookmaker offers to place bets on more than 20,000 sports events worldwide);
  4. The best sports bets with a wide offer;
  5. Live Bets (bets during the game);
  6. Cash Out option during the game;
  7. Unique bets also on less popular events;
  8. Bookmaker bonuses and special offers (risk-free bets, sign-up bonus, etc.);
  9. Professional customer support service in several languages.

Bookmaker licenses

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. In addition, 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.

Online casino License Established Customer support
LVBET IAUI Nr.TI-14, Latvia 2020 support@lvbet.lv
William Hill IAUI Nr. A-67; TI-04, Latvia 2012 support@williamhill.lv
Betsafe IAUI Nr. E-1; TI-07, Latvia 2006 atbalsts@betsafe.lv
Pafbet IAUI Nr. E-02; TI-09, Latvia 2018 support@pafbet.lv
Synottip IAUI Nr. E-1, TI-07, Latvia 2018 info@synottip.lv
Olybet IAUI Nr. E-06, Latvia 2010 support@olybet.com

Betting odds

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 odds Partial odds American odds
2 1/1 100
2.5 1.5/1 150
3 2/1 200
3.5 2.5/1 250
4 3/1 300

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. We have also found a special offer – 11.lv bookmaker offers a great opportunity. If you have an idea of the bet that their bookmakers could offer for a sporting event, you can request these odds.

Offer of sports betting

A bookmaker is a place where a player can place bets on a variety of sports (bets can also be placed on US election results and other important events) and related events. Latvian bookmakers offer the most popular tournaments, sports leagues, and top games. The wider the range of sporting events offered, the better the rates and the greater the chances of finding something you enjoy. Which sport is best for betting on? The answer is in your own hands. We’ve tried countless events and sports, and we know that everyone has the opportunity to make a profit and have a good time. Someone chooses the king of sports football and UEFA, but someone else prefers to bet on hockey because it is more intense.

The most popular sports in Latvia and the most requested bets are:

Type of sport Most popular tournaments and leagues
⚽️ Football UEFA Champions League, English Premier League, German Bundesliga, etc.
🏒 Hockey KHL and NHL
🏀 Basketball NBA and ULEB Euroleague
🥊 Martial arts Boxing, kickboxing, wrestling, etc.
🚘 Moto sports Dakar, Formula 1, rallycross, MXGP, etc.
🎮 E-sport Counter Strike GO, Dota 2, FIFA, u.c.
🎾 Tennis WTA, ATP Grand Slam, ATP Final, “Challenger”
🛷 Winter sports Biathlon, downhill skiing, slalom, etc.

Experienced sports bettors recommend that it is always better to choose a sport that is closer and more familiar to you, which rules are easy, in order to be able to predict outcome and, for example, know the names of players and their abilities.

Of course, all sports bookmakers try to offer the widest possible range of sports bets, so it is not uncommon for you to place bets, for example, in fast-growing e-sports or on less popular sports, as well as in various niche sports such as cricket, darts, etc. This increases the scope for diversifying bet types and applying different odds.

Payment methods

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.

Payment methods in online bookmakers

Most used payment methods in online bookmakers

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

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.

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.

Sources

FAQ

  • 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.

  • 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.

  • 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.

  • 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.

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