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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.

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

Licensed Bookmakers in Latvia

Date added
Bonus amount
Free spins amount
Payout time
Wagering requirement
Available games


William Hill
William Hill
300 Free Spins
10x Wagering requirement

SlotsPalace Casino
Mr Green
Mr Green


Stake Casino



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. “” 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.

🏆 The Best SportsbookBetsafe
💰 The Best OddsOptibet
💻 NHL Betting PartnerLVBet
🎁 The Best Choice for BettingOlybet
Min deposit €5.00
Time to withdraw One to five days
Min deposit €5.00
Time to withdraw One to two hours
Min deposit €5.00
Time to withdraw One day
Min deposit €5.00
Time to withdraw One to five days

Criteria for Choosing the 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.

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.

Type of sportMost popular tournaments and leagues
⚽️ FootballUEFA Champions League, English Premier League, German Bundesliga, etc.
🏒 HockeyKHL and NHL
🏀 BasketballNBA and ULEB Euroleague
🥊 Martial artsBoxing, kickboxing, wrestling, etc.
🚘 Moto sportsDakar, Formula 1, rallycross, MXGP, etc.
🎮 E-sportCounter Strike GO, Dota 2, FIFA, u.c.
🎾 TennisWTA, ATP Grand Slam, ATP Final, “Challenger”
🛷 Winter sportsBiathlon, 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.

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. 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!

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.

SportsbookLicenseEstablishedCustomer supprot
LVBetIAUI Nr.TI-14, Latvia2020
William Hill IAUI Nr. A-67; TI-04,
BetsafeIAUI Nr. E-1; TI-07,
PafbetIAUI Nr. E-02; TI-09,
SynottipIAUI Nr. E-1, TI-07,
OlybetIAUI Nr. E-06,

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 oddsPartial oddsAmerican odds

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 – William Hill 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.

Payment Methods Accepted by the Best Sportsbooks

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

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.


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.


The team always aims to provide the most accurate and up-to-date information. The article comes from a number of reliable and high-quality sources of information. This article uses the following sources of information:

  • Lotteries and Gambling Supervisory Inspection of Latvia - IAUI
  • About bookmakers: Wikipedia
  • About the most popular sports: Wikipedia
  • About the English Premier League: Wikipedia
  • About the German Football Bundesliga: Wikipedia
  • About French Football League 1: Wikipedia

The article complies with the editorial principles of In case of inaccuracies and uncertainties, please contact the editorial using the following contact form.  

Frequently Asked Questions

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.

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.

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

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