💡 Do I need to pay taxes on my winnings?

Yes, you must pay taxes on any profits from Latvian online sportsbooks. It is now 23% taxed.

💡 Is Sports Betting legal in Latvia?

Yes. Betting generally is legal in Latvia. The country has a regulatory body that controls and oversees the operations of betting sites in Latvia.

💡 How long does it take to withdraw my winnings?

The payment method you choose will determine how long your withdrawal lasts. Bank transfers take the longest, while e-wallets are often faster.

💡 What are some responsible gambling tips?

Establish time and money limitations, only wager what you can afford to lose, and take breaks when necessary.

💡 How can I find out whether a betting site has a Latvian license?

The Latvian Gambling Commission's (Latvijas Republikas Izložu un azartu spēļu uzraudzības inspekcija) emblem will be displayed on the websites of all licensed betting sites in Latvia.

Sports Betting Online in Latvia 2024

Last update at 1 November, 2024⏲️ Reading time: 19 minutes

Many domestic and international options are available when selecting the top betting sites in Latvia. Our Allbets crew has carefully selected the best betting sites with bonuses and odds. This choice is based on comprehensive ratings from players in Latvia.

After extensive research, our team of experts has located the best bookies that serve bettors from Latvia. We aim to help you bet on major sports like basketball, football, and more by advising you on winning strategies, various banking alternatives, and competitive odds.

List of Best Bookmakers in Latvia

Rank	Bookmaker	Rating	Bonus	Get bonus
1	Boomerang-bet	4.5/5	Bonus: 100% welcome bonus up to €100	Play Read review
2	Billybets	4.8/5	Bonus: Welcome bonus 100% up to 100 EUR	Play Read review
3	Lex Casino	4.8/5	Bonus: Welcome bonus: Up to 300% deposit bonus for the first three deposits	Play Read review
4	1GO	4.5/5	Bonus: 300% welcome package up to 200 EUR	Play Read review
5	Drip	4.8/5	Bonus: 225% welcome bonus on the first three deposits	Play Read review
6	Monro	4.5/5	Bonus: Welcome Bonus 150%, up to EUR 100	Play Read review
7	Jet Casino	4.8/5	Bonus: Welcome package of 150%	Play Read review
8	starda	4.5/5	Bonus: 150% welcome bonus up to 135 EUR	Play Read review
9	GGBET	4.5/5	Bonus: 100% first deposit bonus up to 100 EUR	Play Read review
10	Vulkanbet	4.5/5	Bonus: 100% 1st deposit bonus up to $500	Play Read review

Sports Betting in Latvia: The Complete Manual

With the help of this guide, discovering Latvia's sports betting market can be an enjoyable venture for novice and experienced bettors. Here, we will explore Latvia's best sports betting sites and discover various markets and bet types.

For newbies, you can find valuable resources in this complete manual to help you place those first wagers. Also, get information on special incentives and promos designed just for Latvian bettors to improve your sports betting endeavor. This guide is a meticulously curated compilation of the most relevant and valuable information available that will enhance your sports betting experience in Latvia.

History of online betting in Latvia

Latvia's narrative is one of changing tides in online betting.

Digital wagering was said to have been in its wild west between 1998 and 2005. Online gambling sites sprang out in response to the growing demand from customers who want to gamble from the comfort of their screens. Order was restored to the situation in 2005 when the first legislation was passed, defining rules and licensing criteria for internet operations.

Act II, however, tightened the restrictions. Some companies pulled out because of the 10% fee on internet wagers and the more stringent licensing requirements, which included requiring Latvian servers and languages. 2016, the minimum licensing charge increased dramatically, significantly distorting the market. A prohibition on advertisements in 2017 added another level and subdued the marketing hype.

The online gambling market in Latvia is currently regulated. There are fewer operators now, and the selection is less extensive than in some nearby areas. Nonetheless, Latvians enjoy placing bets online, with online lotteries and sports betting taking the lead.

How is online betting regulated in Latvia?

In Latvia, online gambling is regulated. The regulations that control lotteries and gaming place harsh limitations on operators, such as onerous licensing standards, a high 10% tax on all bets, and a total prohibition on advertising. The glitzy TV ads of the past are long gone, and gambling now has a quiet marketing voice.

Things are much tighter behind the veil. To join the game, operators want huge amounts of money, local languages, and Latvian servers. High minimum licensing costs keep out smaller players. Children remain out of the game, and play is balanced thanks to strict age verification and tools for responsible gaming. The state and its foreign allies maintain a close watch, prepared to seize any misconduct.

This strict structure may not be to everyone's taste. Compare this to less restrictive nations, and players have fewer alternatives and pay more. Operators have challenges because of high taxes and restricted marketing outreach. However, Latvia places a high value on prudence, seeking to shield citizens from the negative aspects of gambling and maintain a spotless business.

But the narrative is not finished yet. Potential changes are alluded to in the simmering discussions regarding the 10% tax and the advertising prohibition. Perhaps in the future, Latvia will relax its restrictions and allow additional operators to enter, offering gamblers more choices. Strict control is maintained, maintaining a regulated environment for the online betting market.

🌍 Country	Latvia
👌 Language	Latvian
💲 Currency	Euro
⚽ Popular sports	Football, boxing, badminton
⚖️ Is betting legal	Betting is legal. Operators need to obtain a license to do business in Latvia
🏢 Regulator	The Lotteries and Gambling Supervisory Inspection
🧾 Gambling taxes	10%
💳 Most popular payment methods	Bank Transfer, Crypto, E-wallets, Prepaid cards

Top 5 best online betting sites in Latvia

Starda

Starda is a recently established online gambling company with different offers and alternative sports bets. It has a simple layout and accepts different currencies together with languages spoken by the customers. The website is well-known for its numerous promotional offers and live betting possibilities.

Bonus	Requirements	Minimum Deposit	Deposit Methods
150% welcome bonus up to 135 EUR	New account	1 EUR	VISA/Mastercard, E-wallets

1xBet

boasts attractive odds and a wide range of markets, even for specialized sports. Although their live betting site and broadcasting are excellent, there are licensing issues in certain locations, and the sheer number of alternatives may be daunting.

Bonus	Requirements	Minimum Deposit	Deposit Methods
Up to 100 EUR	New account	1 EUR	VISA/Mastercard, Neteller

GGBet

Fans of esports, rejoice! With fantastic odds and an outstanding platform, GGBbet provides an amazing esports concentration. However, there aren't many possibilities for conventional sports, and there are limitations on payment methods in Latvia.

Bonus	Requirements	Minimum Deposit	Deposit Methods
100% first deposit bonus up to 100 EUR	New account	1 EUR	VISA/Mastercard, E-wallets

VulkanBet

Vulkanbet provides an excellent sports betting experience, regular bonuses and helpful customer service. Although they emphasize mobile, their live choices and betting markets are less powerful than others.

Bonus	Requirements	Minimum Deposit	Deposit Methods
100% 1st deposit bonus up to $500	New account	5 EUR	VISA/Mastercard, E-wallets

1bet

With its easy-to-use interface and respectable sports variety, it's perfect for novices. Major league odds are competitive, but few features or promotions exist.

Bonus	Requirements	Minimum Deposit	Deposit Methods
50% up to 100 EUR	New account	10 EUR	VISA/Mastercard, E-wallets

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

When compiling the list of the best betting companies in Latia, we at AllBets consider several factors. Some of them are

Operating Licensing Verification
Carefully monitor adherence to international and Latvian gambling regulations and confirm the legitimacy and scope of betting licenses.
Prioritizing Diversity in Sports Offerings
We thoroughly assess Latvia's sports landscape to accommodate various interests. Both mainstream and niche athletic competitions are on offer to attract a range of betting enthusiasts.
Evaluating Novel Features
Cutting-edge capabilities that enhance the betting experience for Latvian players, such as customizable bets, cash-out choices during play, and other pioneering functionalities, receive judicious examination.
Assessment of Payment Options
Select a bookmaker that takes popular and secure payment methods in Latvia, including bank transfers, e-wallets like Skrill and Neteller, and prepaid cards.
Evaluation of Bonuses and Promotions
To entice new clients, several bookmakers give free bets, run promotions, and welcome bonuses. After comparing the options, we Choose an offer based on your preferences and wagering style. Pay attention to other bonus conditions and wagering restrictions.
Customer Support Assessment
To resolve problems and ensure a positive betting experience, assessing the quality, helpfulness, and responsiveness of customer care services is essential.
This systematic methodology guarantees Latvian gamblers thorough and trustworthy advice when selecting the top online betting sites.

How to bet online in Latvia

Engaging in online betting in Latvia can be done quickly in a few steps. Let's check out what's needed to bet online in Latvia.

Choose a betting site
step 1
Go for a reliable and trusted betting Site to start your online betting. We have listed down the best sportsbooks in Latvia for you.
Create an account
step 2
Next, open an account once you choose the sportsbook you want to bet on. As always, fill out all the necessary information, such as your full name and email address.
Fund your bet account
step 3
Choose a payment option that works best for you, and don't forget to take advantage of any deposit incentives that may be offered.
Select your favorite games and place your bets
step 4
Now it’s time to bet against your teams in different matches.
Withdraw your winnings
step 5
If your bet has succeeded, use the same withdrawal methods you used before.

Popular Sports for Betting in Latvia

Various sports enrich Latvia's online betting scene, each offering unique experiences. Cricket's strategic gameplay, the high-energy boxing matches, football's global popularity with diverse betting options, and badminton's fast-paced nature for live betting are all integral to this landscape. This section will highlight why Latviaian bettors particularly favor these sports.

Ice Hockey
Ice hockey betting is prevalent in Latvia and covers full tournaments and individual games. One common betting market is predicting the result of a match, tournament, or series. Over/under bets, which speculate on the total number of points, are another common kind of betting.
Football
Because it's a universal sport, football betting in Latvia offers many markets, many of which have competitive odds. Football betting is popular; therefore, finding a bookmaker is not too hard.
Basketball
Basketball is another equally popular sport in Latvia. Players enjoy the thrill and betting options that basketball offers. They may wager on various markets, including total points, 3-pointers, over/under, and many more.
Volleyball
Olympic medalists play volleyball, a significant component of Latvian sports culture, and they receive increased funding for youth development initiatives.

New Betting Sites in Latvia November 2024

We have collated a list of Latvia's best new betting sites. They are compiled according to user satisfaction, market diversity, competitive odds, and legal requirements. It directs visitors to sites that provide exciting betting options while prioritizing consumer satisfaction and safety. They include

🆕 Starda: Various sports and betting markets are available on this modern betting site. It is renowned for providing adequate customer support and a fast bet placement function.
🔝1xBet: A large assortment of sports and aggressive betting odds set 1xBet apart. To serve a varied clientele, it provides a large selection of sports and betting markets and prompt customer support.
🪙 GGBet: is a flexible betting platform that provides a variety of games in addition to sports betting. This makes it different from others because there are many deposit options, and the layout is simple.
⚽️ 20Bet: This site is well-known for its extensive sports coverage and range of betting choices. It provides a smooth betting experience with a wide selection of sports and features that are easy to use.
🎁 1Bet: 1bet provides reasonable odds and multiple betting markets, making it an excellent choice for punters.

How popular is mobile betting in Latvia?

In Latvia, online platforms, specifically mobile betting, are gaining popularity in sports gambling. This happens because players desire the freedom of placing their bets at any time and anywhere they need. Consequently, this trend results in the wide availability of user-friendly platforms and apps on iOS or Android smartphones.

Latvians now have more accessible ways to enjoy the excitement of gambling thanks to mobile sports betting. This change represents a shift in how Latvians engage with sports betting, fusing technology and tradition to produce a vibrant and friendly gaming environment.

Best sports betting apps in Latvia

As more gamblers use smartphones to make their sports bets, mobile betting has become more popular in Latvia. This simplicity makes it possible to have an extensive betting experience without a computer. Popular bookmakers worldwide provide official mobile betting apps for iOS and Android users, making sports betting more convenient and accessible for Latvians.

1xBet App

1xBet has become a strong rival in the online sports betting market. It stands out from the competitors because of its wide selection of sports markets, mobile app accessibility, appealing odds, and 24-hour customer support. With 1xBet's extensive selection of over 50 sports, Latvian gamers have several possibilities.

Megapari App

In Latvia, one of the most popular betting sites is Megapari. It may be accessed on iOS and Android smartphones via its apps. The mobile app offers more than thirty sports in various ways, including field hockey, American football, basketball, and more. Users can go straight to the 20Bet website and download it.

20Bet App

With the 20Bet mobile app, betting is flexible and easy. The app's most notable feature is live streaming with real-time score updates for particular events, which allows you to get updates and bet from anywhere. This makes 20Bet a perfect option for mobile betting because it allows you to place bets instantly from your phone while on the road and stay involved in the action.

How to Deposit at Latvia Betting Sites

Knowing the specifics of depositing is essential for any fan who wants to navigate online betting in Latvia. In addition to improving your entire gaming experience, a smooth and safe transaction process lays the foundation for relaxed betting. In this tutorial, we explore several approaches to making deposits at Latvian betting sites, looking at all options, from conventional banking to innovative digital solutions like cryptocurrencies.

Credit/Debit Cards
Digital Wallets
Prepaid Cards
Cryptocurrencies

Cards: Use caution even if it could be tempting to do that familiar swipe of your credit or debit card. Although credit might be convenient, certain banks may not allow gambling transactions, and using credit recklessly can lead to debt very rapidly.

E-wallets: If you're about quick satisfaction and low costs, e-wallets like Paypal, Neteller, and Skrill have become your greatest pals. These online intermediaries expedite your money transfer to the betting site and often provide bonus loyalty programs and other benefits.

Direct Bank Transfers: A bank transfer is The greatest choice for security and familiarity. Think of it as a direct handshake between your bank account and the sportsbook; you can feel secure knowing that it is widely available and has robust security safeguards.

Prepaid Cards: You may use retail shop coupons to make anonymous deposits with Paysafecard and similar cards. This is a wonderful alternative if you want to keep your betting activities confidential. Finding a retailer that accepts Paysafecard discounts is essential, and the maximum amount you may deposit can be lower than with other methods.

Payment Options	Deposit Time	Withdrawal Time	Deposit Limits (€)	Withdrawal Limits (€)
Credit/Debit Cards	Instant	Up to 48 hours	10 – 5000	10 – 5000
E-Wallets	Instant	1-24 hours	20 – 20000	Up to 10000
Prepaid methods	Instant	Not possible	Fixed 250	Not possible
Bank Transfer	Up to 48 hours	Up to 48 hours	100 – 20000	100 – 20000

The Future of Online Betting in Latvia

The future of online gambling in Latvia is anticipated to be dynamic, focusing on user experiences and rapid technology improvements. Experts predict that mobile phones will drive accessibility and convenience, leading to a boom in mobile betting.

User interaction will be redefined by integrating cutting-edge technology like augmented reality and artificial intelligence. Collaborations between local sports leagues and betting platforms are also anticipated to enhance the immersive experience. Also, the regulatory framework is constantly changing, indicating a dedication to creating a safe and open betting environment.

The sports betting industry is expected to grow as Latvia enters the digital age, providing fans with an alluring combination of state-of-the-art technology and a robust wagering ecosystem.

Responsible Play in Sports Betting in Latvia

Responsible gambling aims to create a secure, ethical environment by reducing gambling risks like problem gambling, protecting vulnerable players, educating bettors, and implementing safe betting procedures like limits and monitoring.

Cabinet Order No 509 of July 2021 introduced strong measures to ensure responsible gaming in Latvia's gambling environment. The policy strongly emphasizes strict age verification procedures and controls over advertising content—two essential measures in safeguarding the most vulnerable. It is recommended that operators put valuable tools, like limitations on responsible gambling and self-exclusion policies, to provide players more control over how much they wager.

This proactive strategy reflects Latvia's dedication to promoting a safe and open gaming environment and aligns with international norms. Including these criteria shows a commitment to balancing entertainment and responsible gambling practices, ensuring a sustainable and ethical gaming landscape as the rules set the course for the industry's future.

Paf Responsible Gambling in Latvia

To strengthen responsible gaming policies in Latvia, Paf, Betsafe, Optibet, 11. lv, and Feniksscasino have teamed up. The operators introduced proactive information on ethical gaming, deposit restrictions, category closures, and self-testing.

These actions show a dedication to player welfare and go beyond the provisions of the present Gambling Act. By releasing these tools by June 30, 2020, the companies—who together account for 90% of the online gaming market in Latvia—hope to lead by example in the sector.

Betting in Latvia: Conclusion

In Latvia, gambling is permitted but strictly controlled. Under the Lotteries and Gambling Supervision Inspection, land-based betting sites and internet betting are the dominant forms of gambling. Strong regulations are in place, including age, marketing, and KYC/AML checks. Online traffic has decreased due to recent measures, including increased registration requirements and a prohibition on credit card payments. The administration may implement a state-run internet gaming monopoly in addition to other measures.

In general, the gaming industry in Latvia is adrift. Although protecting players is the main objective, others argue that the rules are too strict and might drive gaming underground. It is unclear where Latvian betting will go in the future.

Best Betting Sites in Latvia by Category:

1xBet: Extensive sports collection🏆
Starda: User-friendly site🆕
22Bet: Excellent bonuses and promotions🎁
Megapari: Best for Live Betting services🔝
GGBet: Best eSports Betting Website ⬆️

Players in Latvia should set realistic deposit limits, use self-exclusion options, and utilize operator-provided tools. We wish all players good luck in their betting experience.

FAQ. Frequently Asked Questions

Yes, you must pay taxes on any profits from Latvian online sportsbooks. It is now 23% taxed.
Yes. Betting generally is legal in Latvia. The country has a regulatory body that controls and oversees the operations of betting sites in Latvia.
The payment method you choose will determine how long your withdrawal lasts. Bank transfers take the longest, while e-wallets are often faster.
Establish time and money limitations, only wager what you can afford to lose, and take breaks when necessary.
The Latvian Gambling Commission's (Latvijas Republikas Izložu un azartu spēļu uzraudzības inspekcija) emblem will be displayed on the websites of all licensed betting sites in Latvia.

Team Members

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!
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.