Sports Betting Online in Ecuador 2024

⏲️ Reading time: 12 minutes

Ecuador has seen a sharp increase in sports betting, providing fans with a thrilling avenue for amusement and possible cash rewards. In 2023, the Allbets team diligently assessed various betting sites, considering user reviews from Ecuadorian punters. This thorough evaluation has compiled a list featuring the best betting platforms, emphasizing superior bonuses and odds. Ecuadorian bettors can now confidently navigate the online sports betting landscape with the assurance of an optimized and rewarding experience.

List of Best Bookmakers in Ecuador

Rank Bookmaker Rating Bonus Get bonus
1
4.8/5
Bonus: 100% welcome bonus up to 110 USD
PlayRead review
2
4.8/5
Bonus: 100% welcome bonus up to 133 USD
PlayRead review
3
4.5/5
Bonus: Welcome Bonus up to 100 EUR
PlayRead review
4
4.8/5
Bonus: 100% welcome bonus up to 110 USD
PlayRead review
5
4.5/5
Bonus: 100% welcome bonus up to 1090 USD
PlayRead review

Sports Betting in Ecuador: The Ultimate Guide

The Ecuadorian online sports betting industry is expanding and provides a wide range of exciting opportunities for you to wager on your favorite sports, such as football, basketball, and volleyball. This book acts as your compass by revealing everything you need to navigate this always-shifting world.  We'll walk you through selecting the ideal site, obtaining profitable bonuses, and placing winning wagers.

Put an end to guessing; this extensive resource gives you all the tools you need to be successful. Find the best betting sites that cater to players from Ecuador, contrast alluring bonuses and promotions, get winning tips for popular sports, safely manage your money, and acquire important information about Ecuador's gambling laws and regulations. Following our guide, you'll quickly become an expert at putting well-informed wagers. Thus, take out your fortunate charm and get ready to. With this guide, you'll place informed bets like a pro in no time.

History of online betting in Ecuador

Online betting in Ecuador is a blossoming story, still writing its first chapters. Lotteries ruled the world until 2015, when the worldwide internet gambling boom brought about a shift. International operators were made possible by enacting a new Gaming Law that year, which authorized online sports betting.

Initially, navigating the landscape was tricky, with a few operators targeting the market. However, the 2020s saw a surge in activity. Local companies emerged alongside established international players, vying for customer loyalty with competitive odds, generous bonuses, and diverse platforms.

Despite its infancy, online betting has quickly woven itself into the fabric of Ecuadorian entertainment. Its accessibility, convenience, and the thrill of the wager have captured the hearts of sports fans nationwide. This young industry, full of potential, promises a future overflowing with excitement and innovation.

How is online betting regulated in Ecuador?

Ecuador's online betting scene, born in 2015, is surprisingly well-regulated. The 2015 Gaming Law guides the industry through a three-pronged approach:

Firstly, strict licensing and supervision by the Board of Control of Games of Chance (CJCJ) ensure financial stability, technical expertise, and responsible gambling practices among operators. Regular audits and hefty penalties keep everyone on their toes.

Also, player protection is paramount. Deposit limits, self-exclusion options, and age verification are mandatory while advertising regulations curb the targeting of vulnerable groups.

Furthermore, a 15% tax on operator revenue and another 15% on player winnings (above a specific limit) fill state coffers.

However, some wrinkles remain. The undefined nature of gambling in the Penal Code creates ambiguity, and cryptocurrency betting sits in a regulatory grey area.

Despite these challenges, Ecuador's framework is committed to responsible and controlled online betting. We expect further refinement and clarification as the betting companies mature for continued stability and player protection.

🌍 CountryEcuador
👌 LanguageSpanish
💲 CurrencyUS Dollar (USD)
⚽ Popular SportsFootball, Basketball, Volleyball
⚖️ Is Betting Legal?Yes
🏢 RegulatorBoard of Control of Games of Chance (CJCJ)
🧾 Gambling Taxes15% on operator revenue, 15% on player winnings above a threshold
💳 Most Popular Payment MethodsCredit/debit cards, e-wallets, bank transfers, prepaid cards

The top 5 best online betting sites in Ecuador

Ecuador's online betting scene has surged, and the Allbets team has meticulously assessed various platforms. The top five online bookmakers that provide Ecuadorian bettors with a fantastic combination of sports markets and thrilling features are Sportaza, Starda, Zotabet, N1bet, and Vave.

Sportaza

Sportaza

This attractive newcomer offers competitive odds, a user-friendly user interface, and a fantastic sportsbook full of leagues and sporting events.

BonusRequirementsMinimum Deposit (USD)Deposit Methods
100% Welcome Bonus up to 120 USDNew users$20Credit/Debit Cards, Bank Transfers, E-Wallets, Mobile Payment Apps, Cryptocurrencies
Pluses
  • Extensive sports markets
  • Live betting
  • User-friendly interface.
Minuses
  • Limited exotic payment methods.

 

Starda

starda

Starda impresses with competitive odds, a comprehensive sportsbook, and a visually appealing platform. Its live-streaming feature enhances the overall betting experience.

BonusRequirementsMinimum Deposit (USD)Deposit Methods
150% welcome bonusNew users$30Credit/Debit Cards, Bank Transfers, E-Wallets, Mobile Payment Apps, Cryptocurrencies
Pluses
  • Competitive odds
  • Comprehensive sportsbook
  • Live streaming.
Minuses
  • Limited promotions.

 

Zotabet

Zotabet Ecuador

Zotabet has a robust mobile app, various payment options, and a loyalty program. Its focus on user experience makes it a favorite among Ecuadorian bettors.

BonusRequirementsMinimum Deposit (USD)Deposit Methods
Wide Variety of Betting MarketsNew users$30Credit/Debit Cards, Bank Transfers, E-Wallets, Mobile Payment Apps, Cryptocurrencies
Pluses
  • Mobile app
  • Diverse payment options
  • Loyalty program.
Minuses
  • Limited promotions.

 

N1Bet

N1Bet Sport Betting Ecuador, allbets.tv

N1bet specializes in providing an extensive range of sports markets in a secure and safe betting environment. Its user-friendly design and effective customer service add to its appeal.

BonusRequirementsMinimum Deposit (USD)Deposit Methods
300% Hunting Bonus up to $1,254Register a new account, make a first deposit, and place bets with odds of 2.00 or higher$0.25Credit/Debit Cards, Bank Transfers, E-Wallets, Mobile Payment Apps, Cryptocurrencies
Pluses
  • Secure environment
  • Diverse sports markets
  • User-friendly.
Minuses
  • Limited promotions.

 

Vave

Vave Ecuador

Vave stands out for its simplicity, offering a straightforward platform with competitive odds and various sports markets. Its emphasis on ease of use makes it appealing.

BonusRequirementsMinimum Deposit (USD)Deposit Methods
100% Cashback Bonus Up To 1 BTCNew users$20Credit/Debit Cards, Bank Transfers, E-Wallets, Mobile Payment Apps, Cryptocurrencies
Pluses
  • Simplicity
  • Competitive odds
  • Diverse sports markets.
Minuses
  • Limited promotions.

What we took into account when picking the best bookmaker in Ecuador?

The Allbets team meticulously evaluated various factors when selecting the best bookmakers in Ecuador, aiming to cater to the country's unique preferences and legal landscape.

  • The popularity of sports

    Considering the context of the Ecuadorian betting scene, we emphasized the popularity of sports such as soccer and basketball, ensuring that chosen bookmakers provided extensive markets for these events.

    Sport betting icon
  • Payment methods

    Our assessment considered the availability of exotic payment methods suitable for Ecuadorian users. Bookmakers accommodating local preferences, including mobile payment options, were given priority to enhance the convenience of transactions.

    payment methods icon
  • Rules and Regulation

    Adherence to Ecuador's gaming rules and regulations was an important consideration. The top bookmakers were chosen based on how well they followed the law, guaranteeing Ecuadorian gamblers a safe and reliable betting environment.

    betting

In the end, our thorough analysis considered the legal system, cultural background, and user experience to create a ranking of the top bookmakers, guaranteeing users in Ecuador the best possible online betting experience.

How to bet online in Ecuador

Betting online in Ecuador is straightforward, offering enthusiasts a thrilling platform for sports wagering. Follow these five steps:

  • Select a Licensed Bookmaker
    step 1

    Ensure your online betting site is reliable, licensed, and allowed to conduct business in Ecuador. Consider elements like client feedback, security, and the availability of sports marketplaces.

  • Create an account
    step 2

    Visit the chosen platform's website or download their app. Provide your personal information and complete KYC verification for secure betting.

  • Fund Your Account
    step 3

    Choose your chosen method of deposit. Follow the steps on the platform after entering the proper amount.

  • Explore the Bets
    step 4

    Navigate the sports and events offered. Choose your game (soccer is popular!), bet type (winner, score, etc.), and desired odds.

  • Place your bet and enjoy
    step 5

    Enter your stake and confirm the chance. Watch the event unfold and celebrate any winnings! Remember, online betting carries risks, so gamble responsibly.

Popular Sports for Betting in Ecuador

In Ecuador, sports betting enthusiasts gravitate towards a diverse range of sports, creating a unique landscape shaped by the country's sporting culture. Four particularly popular sports for betting in Ecuador include

  • Football (soccer)

    Easily the most popular sport in Ecuador, football is an important draw. Football betting is an active business since fans fervently follow local leagues and international events.

    football icon
  • Basketball

    With a growing basketball community, especially in urban areas, basketball has gained popularity in local and international leagues. Ecuadorian bettors engage in basketball betting, particularly during major tournaments.

    basketball-icon
  • Volleyball

    Volleyball has a strong presence, with Ecuador participating in regional and international competitions. Betting on volleyball events, including domestic leagues and international matches, attracts enthusiasts.

    volleyball icon
  • Boxing

    Boxing has a rich history in Ecuador, and major boxing events draw significant attention. Betting on boxing matches, particularly those featuring Ecuadorian boxers or prominent international bouts, is popular.

    boxing icon

New Betting Sites in Ecuador October 2024

Ecuador's online betting scene welcomes five new and promising platforms that have quickly gained attention among punters:

  • 🏅 Sportaza: This sleek newcomer arrives like a tech-savvy champion. Think cutting-edge live betting, a mobile app that feels like an extension of your mind, and odds that'll make your eyebrows do the samba. Just watch out for those limited payment options.
  • Starda: Don't let the name fool you – this site blends classic betting pedigree with a modern twist. Think local heroes alongside global giants, a loyalty program that rewards your dedication, and security tight enough for Fort Knox. Just don't expect the website to win any design awards.
  • 🎁 ZotaBet: If variety is your jam, Zotabet's your jam jar. They've got everything from virtual cricket to the next papal election. Expect frequent promos, lightning-fast payouts, and enough betting markets to spin your head. Just be prepared for less competitive odds on niche sports.
  • ⚡️ N1Bet: Simplicity is the name of the game here. Think user-friendly interfaces, mobile compatibility smoother than a freshly paved highway, and withdrawals that happen before you can finish saying "gol!". Just don't expect every event to be live-streamed.
  • 🏆 Vave: New doesn't have to mean untested. Vave brings years of European experience to Ecuador, packing a serious punch with competitive odds, an intuitive platform, and a focus on responsible betting. Just don't expect the same level of local flavor as some rivals.

Best sports betting apps in Ecuador

Navigating Ecuador's vibrant sports betting landscape is now more exciting with the advent of innovative mobile apps. The Allbets team has meticulously examined and assessed the best sports betting apps in the country, offering a seamless blend of convenience and thrilling features.

Sportaza App

This newcomer brings a sleek and intuitive app to the game, available on iOS and Android. Navigate the extensive sportsbook easily, place bets in a flash, and keep tabs on live scores and odds – all within the palm of your hand.

Pluses
  • User-friendly interface.
  • Smooth performance.
  • Excellent live betting features.
Minuses
  • Limited payment options compared to some competitors.

 

Starda App

Don't underestimate the oldies! Starda's app might not have all the bells and whistles, but it delivers a steady, reliable experience on both iOS and Android. It focuses on popular sports like football and basketball, and its loyalty program rewards your dedication.

Pluses
  • Stable and secure platform.
  • Good selection of local sports.
  • loyalty rewards.
Minuses
  • Limited esports options.

 

Zotabet App

If you crave variety, Zotabet's app (iOS and Android) is your one-stop shop. Bet on anything from the Super Bowl to the next local beauty pageant, all with a user-friendly interface and frequent promotions. Just be prepared for occasional slowdowns due to the sheer volume of betting options.

Pluses
  • Plethora of betting markets.
  • Regular promos.
  • Fast payouts.
Minuses
  • Can be overwhelming for new users.

How to Deposit at Ecuador Betting Sites

In Ecuador's vibrant online betting site, excitement hangs in the air alongside the digital coins in your virtual wallet. But before you unleash that inner betting champion, choosing the right way to fuel your account is crucial. So, ditch the confusion and gear up for a quick tour of popular deposit methods in Ecuador:

  • Credit and Debit Cards payment logo
    Debit/Credit Cards
  • eWallet payment logo
    E-Wallets
  • Bank Transfer payment logo
    Bank Transfers
  • Paysafecard payment logo
    Prepaid Cards
  • Betting sites with bitcoin
    Cryptocurrencies

Debit/Credit Cards

MasterCard and Visa reign supreme, offering instant deposits with familiar ease. Just be mindful of potential bank fees, especially for international transactions.

E-Wallets

Skrill and Neteller conquer hearts (and accounts) with lightning-fast deposits and minimal fees. Perfect for those seeking speed and security without the bank paperwork.

Bank Transfers

Because they are familiar and safe, bank transfers continue to be widely used. They guarantee comfort by collaborating with big Ecuadorian banks such as Produbanco and Banco Pichincha; however, processing times may be extended.

Prepaid Cards

For prudent gamblers, these prepaid cards allow for restricted expenditure. They are available at convenience stores and national kiosks and are straightforward, allowing you to deposit money straight into your betting account.

Cryptocurrencies

The use of cryptocurrencies is growing among knowledgeable about technology and secure people. They are decentralized and private and provide a unique deposit option, but you should consider volatility and technical know-how.

 

Payment OptionsDeposit TimeWithdrawal TimeDeposit Limits (USD)Withdrawal Limits (USD)
Credit/Debit CardsInstantUp to 48 hours$10 – $5,000$10 – $5,000
E-walletsInstantUp to 24 hours$10 – $5,000$10 – $5,000
Bank TransfersUp to 24 hoursUp to 48 hours$10 – $10,000$10 – $10,000
Prepaid CardsInstantUp to 48 hours$5 – $500$5 – $500
Cryptocurrency (Bitcoin)Varies depending on network10 mins – 1-hour$10 – $5,000*$10 – $5,000

The Future of Online Betting in Ecuador

Experts predict that online betting will continue to expand and innovate in Ecuador; thus, the future of this industry seems optimistic. As mobile betting gains traction, new technological developments should improve user experiences. There may be a trend towards further legalization and regulatory frameworks to ensure a secure and transparent betting environment.

As the industry evolves, collaborations between betting operators and local authorities may shape the landscape, fostering responsible gaming practices. Integrating emerging technologies and a dynamic regulatory framework could contribute to a thriving and regulated online betting industry.

Responsible Play in Sports Betting in Ecuador

In Ecuador, responsible play in sports betting is a fundamental idea that emphasizes moral and secure gaming methods. Gamblers are advised to set limits on their wagers, manage their bankrolls responsibly, and recognize the importance of fair and enjoyable betting experiences.

To prevent gambling addiction and encourage responsible gaming, local groups are essential. Organizations in Ecuador that strive to control the gaming sector, guarantee adherence to moral principles, and increase public knowledge of the possible dangers of compulsive gambling include the National Service of Gaming (SNG). Collaborations between these groups and betting providers prioritize the well-being of individuals and help minimize the negative impacts of gambling addiction while also fostering a safer and more responsible gaming environment.

Betting in Ecuador: Conclusion

To sum it up, Ecuador's ever-changing sports betting scene provides fans with an exciting range of choices. Our review of the top bookmakers in Ecuador reveals a variety of tastes:

Top bookmakers, different categories:

  • Sportaza: Best Overall Experience🏆
  • Starda: Best Odds📈
  • Zotabet: Best Bonuses💸
  • N1bet: Best In-Play Betting🎯
  • Vave: Most Secure🔒

As you embark on your betting journey, prioritize responsible gambling. Set limits, stay informed about local regulations, and enjoy the experience responsibly. I wish all players in Ecuador the best of luck. May your bets be strategic, your wins significant, and your enjoyment paramount. Play responsibly, and may the odds forever be in your favor!

FAQ. Frequently Asked Questions
  • Online sports betting is currently a murky legal issue. Although it has been banned since 2011, there are no active legal actions taken against bettors by the government.

  • Global systems like Sportaza, Starda, and Zootabet are extensively utilized; nevertheless, their accessibility may be affected by regulatory modifications.

  • Winnings from internet betting are not yet subject to special taxes because the industry is unregulated. But future taxes may be introduced by suggested legislation.

  • Stick to reputable international platforms with strong security measures. Be cautious of unlicensed or unknown operators.

  • Gambling addiction and financial losses are serious risks. Always bet responsibly and within your means. Seek help if needed.

Author
Jarin Ahmed
Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.
Article rating
5/5
1 vote

Team Members

  • CEO Martins Lasmanis
    Martins Lasmanis
    CEO
    With more than 10 years of experience in online marketing, and special focus on the gambling affiliation sector over 5 years, Martin Lasmanis is a true expert in his niche. Today, Martin's vision is to build the largest lead generator company in the world. Fortunately, we have the perfect team to make his dream come true!
  • Head of Affiliates - Arturs Korolkovs
    Arturs Korolkovs
    Head of Affiliates
    Marketing specialist with 3 years of experience in affiliate and social media marketing in the iGaming industry. His deep understanding of the industry and a proven track record of driving growth make him an important "player" on the team.
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