Licensed Bookmakers in Latvia

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.
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.
The Most Popular Bets
Bets of football
It’s hard to imagine a world without a sport like football. It is the number one sport in the world, a passion of many people, and for many fans, it is a lifestyle. It is no wonder that bookmakers with the highest number of bets are in this industry. The bookmaker in Latvia offers hundreds of different football leagues to place bets on – Zambia, Hong Kong, and even Malta. If you are well versed in such exotic championships, you will most likely find something to bet on.
However, we recommend choosing more popular leagues and matches because, first of all, it is easier to find analytics of previous games, team and player statistics for each game, as well as other useful information to assess the situation and make the right bet. Secondly, the odds of winning are much higher.
It is worth paying attention to the following football tournaments:
- English Football Premier League – one of the most popular championships, which takes place throughout the year. Great results, unpredictable battles for the first positions, great victories – that is why the English Football Premier League is so famous.
- German Football Bundesliga – The main team is Bavaria, which fights with important opponents such as “Borussia”, “Bayern”, “Schalke”, etc. Other teams do not lag behind the favorites and show good results, which makes the fans rate this league as one of the most interesting.
- Spanish “La Liga” – the first that comes to mind are “Barcelona”, “Real Madrid” and “Atletico”. the same question is asked each season – which of the three favorites will win first place? The tournament cannot be called easy to predict, but you will definitely have access to a lot of information to help you make a successful bet.
- French Football First League – a tournament that is getting better every year. If in the past “PSG” did everything the heart desired in its leadership position, now Monaco, Nice, Lyon, and Marseille have emerged, ready to win their place under the sun. Fans will be pleasantly surprised by the high-quality live coverage of the games.
Bets on hockey
However, if you are not a fan of football, you might like to follow other sports, for example, hockey. Hockey is definitely more dynamic than football – more goals, rebounds, penalty minutes, etc. This is why the statistics are much better. One of the most popular tournaments is the NHL – a championship with a rich history and unchanging traditions. Sports bets are also made from simpler bets that predict the outcome of the game – the classic bet or the bet on the total score.
Other types of sport
The newer bookmakers in Latvia are becoming popular with boxing and tennis events. The famous players – ladies Ostapenko and Sevastova – definitely play a big role in tennis becoming so popular, while in boxing – Mairis Briedis. None of the viewers remain indifferent. Many bookmakers offer both pre-game and real-time bets on such important matches.
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 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.
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.
Sportsbook | License | Established | Customer supprot |
---|---|---|---|
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 – 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.
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
The Casino-latvija.com 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 Casino-latvija.com. 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.
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