Argentina Betting Sites

Argentinian Betting SitesArgentina has a long and rich tradition of sports betting and gambling, with the first bets on horse races being placed back in the 1880s. After decades of shifting public views on gambling and changes in the legislation, the industry is now in a gray area and while some forms of gambling are completely legal and regulated, others are not permitted by law. Nevertheless, there has not been a better time for bettors who can enjoy access to various online betting platforms.

The popularity of soccer among Argentinian fans is legendary – it has become a religion for millions of people. But it all started with the first legal lottery in the 1810s shortly after the country declared its independence from Spain. The gambling sector grew immensely with the horse races at the Hipódromo Argentino de Palermo, which opened in Buenos Aires in 1876 and started taking bets from the thousands of people who flocked to the new and exciting establishment. Casinos started opening in the following decades while betting on sports became a common pastime for many Argentinians in the 1960s.

Top 15 Betting Sites for Argentina

  1. 22Bet

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    Regulators
    • Kahnawake (license No. 00867)
    • Curaçao
    Min Deposit
    • Visa, Mastercard, Skrill, Skrill 1-tap, Perfect Money, Jeton Wallet, PaySafeCard - $1
    • Astropay - $5.14
    • Papara - $5.58
    • StickPay - $1.5
    • EcoPayz - $6
    • Neteller - $5
    • Bank Transfer - $2.79
    • Bitcoin - 0.04 mBT
    Max Withdrawal
    No limit.
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    Processing time:
    • between 15 minutes and an hour depending on the method
    Withdrawal wait time:
    • Visa and Mastercard - 1-5 days
    • Skrill - up to 15 minutes
    • Neteller - instant
    • EcoPayz - up to 60 minutes
    • WebMoney - Instant
    • Payeer - up to 15 minutes
    • Cryptocurrencies - Instant
    • Airtel -Instant
    • MPesa - Instant
    • Creating an account and getting verified does not take long
    • Indonesian, Hong Kong, and Malaysian odds are available
    • The market variety is great
    • Bettors can deposit via numerous banking solutions
    • Dedicated apps for Android and iOS phones
    • Live Streaming

    At 22Bet, punters can pick between an array of sports when it comes to betting, and notable examples are basketball, volleyball, soccer, Esports, and rugby. It takes no time to make an account, and making the first deposit is also practically effortless, thanks to the sufficient number of deposit methods. The bookie has a varied selection of deposit methods, which include debit cards, digital wallets, cryptocurrencies, and other financial solutions.

    Being able to use a sportsbook on a smartphone is a necessity for most punters nowadays, and this is something that can truly make or break a bookie for certain punters. Thankfully, 22Bet does indeed have a downloadable smartphone application. It is available in the iOS App Store for individuals who use iPhones. Android users, on the other hand, can download the APK file from 22Bet’s website and install it on their devices. Additionally, the website itself works well on mobile browsers.

  2. Bet365

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    Regulators
    • UKGC (055148-R-331498-001, 055148-R-331498-001, 055148-R-331498-001)
    • Gibraltar Gambling Commission
    Min Deposit
    • All methods excluding wire transfer - $10
    • Wire transfer - $50
    Max Withdrawal
    • Maestro - $30,000
    • Visa - $30,000
    • MasterCard - $30,000
    • Wire Transfer - $50,000
    • PayPal - $10,000
    • Interac - $10,000
    • InstaDebit - $20,000
    • iDebit - $9,999
    • EcoPayz - $30,000
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • Maestro, Visa, MasterCard - 1-3 banking days
    • Wire Transfer - 1-5 banking days
    • PayPal - within 24 hours
    • Interac - within 24 hours
    • InstaDebit - within 24 hours
    • iDebit - within 24 hours
    • EcoPayz - within 12 hours
    • Great number of banking solutions
    • The betslip displays all necessary bet and stake information clearly
    • Live Streaming is available during games that are underway
    • Early cash out
    • Dedicated racebook
    • The sportsbook has competitive odds

    If you like to have lots of choices in terms of markets, Bet365 is the perfect sportsbook of choice. It boasts tons of bet types, including but not limited to draw no bet, 1×2, handicaps, over/under bets, and corner props.

    Bet365 was one of the first bookies to implement a feature called early cash out. This tool’s main purpose is to give punters extra options when it comes to their bets. Essentially, you can use early cash out to settle a bet early and thus not risk losing your entire stake. It can also serve to prevent you from losing your payout and winnings if you suspect a bet will go south.

  3. 20Bet

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    Regulators
    • Kahnawake (00867)
    • Curaçao (8048/JAZ2017-067)
    Min Deposit
    €10
    Max Withdrawal
    $4,000
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • eWallets - up to 12 hours
    • Credit and debit - up to 7 days
    • Cryptocurrencies - up to 24 hours
    • Compatible with smartphones
    • Punters can wager on live matches
    • Excellent variety of sports such as ice hockey, cycling, darts, and soccer, among others
    • Fast verification process
    • Punters can contact customer support via live chat
    • Convenient betslip

    Customizability is one of 20Bet’s strong suits. The bookie allows punters to switch to a variety of languages, which include English, Spanish, Japanese, Finnish, and Korean, among others. In addition, bettors have a wider range of odds formats to pick from. Fractional, decimal and American odds are available, of course, but odds formats like Malaysian odds, Hong Kong odds, and Indonesian odds are also possible options.

    The sportsbook’s practice of giving players lots of choices does not end with its interface and layout. Once you settle on a sport and a specific game, there are plenty of bet types to go for. Fans of handicap betting and wagering on the moneyline or point spread will be satisfied with 20Bet, and the same can be said about lovers of bets like totals, futures, and specials.

  4. 888sport

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    Regulators
    • UKGC (039028-R-319297-012, 039028-R-319297-012)
    • AGCO
    • Gibraltar Gambling Commissioner (112, 113)
    • MGA (MGA/CRP/543/2018)
    • Ireland Revenue Commissioners
    Min Deposit
    $10
    Max Withdrawal
    No limit
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • VISA credit and debit - up to 6 days
    • MasterCard - 4 days
    • ApplePay - up to 6 days
    • Skrill - 2-3 days
    • Neteller - 2-3 days
    • PayPal - 2-3 days
    • MuchBetter - 2-3 days
    • Trustly - 2-3 days
    • Wire Transfer - 5-8 days
    • INTERAC e-Transfer - 2-4 days
    • The sportsbook is available in multiple languages such as English, Spanish, and French
    • 888sport is regulated by reputable entities the likes of the UK Gambling Commission and the MGA
    • Live streaming
    • Compatible with mobile devices
    • There is a bet calculator that is free of charge
    • Early cash out

    The number of sports punters can wager on at 888sport is fairly impressive. Sports such as baseball, badminton, association football, tennis, and boxing are some of the options at 888sport, and you are not limited to placing pre-match bets. Wagering on live games is an option as well, and you can even follow the game directly at 888sport, since the website does host live streams during in-play.

    In terms of regulation, 888sport is a sportsbook that can be trusted. The bookie has acquired licenses from entities like the United Kingdom Gambling Commission and the Malta Gaming Authority, two of the largest and most reputable regulatory bodies.

  5. Redbet

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    Regulators
    • The Swedish Spelinspektionen
    • MGA (MGA/CRP/121/2006-01)
    Min Deposit
    €10
    Max Withdrawal
    • Neteller - €10,000
    • Skrill - €10,000
    • Swedbank - €1,000,000
    • other Swedish and Estonian banks - €1,000,000
    • OP-Pohjola - €1,000,000
    • Danske bank/Sampo - €1,000,000
    • other Finnish banks - €1,000,000
    • Bank Pekao - no limit
    • Europe (IBAN) bank transfer - €1,000,000
    • VISA - €3,000
    • VISA Electron - €3,000
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • Neteller - 1-10 minutes
    • Skrill - 1-10 minutes
    • Swedbank - 1-10 minutes
    • other Swedish and Estonian banks - 1-3 bank days
    • OP-Pohjola - 1-10 minutes
    • Danske bank/Sampo - 1-10 minutes
    • other Finnish banks - 1-3 bank days
    • Bank Pekao - 1-3 bank days
    • Europe (IBAN) bank transfer - 1-5 Bank days
    • VISA - 1-5 Bank days
    • VISA Electron - 1-5 Bank days
    • Compatible with smartphones
    • Regulated by the MGA
    • Responsible gaming features like “session time limit” and “reality check”
    • Numerous sports markets
    • The sportsbook is available in Norwegian, Finnish, Spanish, Portuguese, and English
    • Live casino section

    Redbet has been around since 2002, making it one of the older and more experienced bookies in the betting world. Its catalog of sports includes cricket, volleyball, handball, and soccer, among many others. In addition, wagering on the sports in question is a simple matter, seeing as Redbet’s betting platform is organized and snappy.

    Redbet has many payment solutions, so punters will not find it difficult to fund their accounts or withdraw their winnings. The banking solutions in question include digital wallets like Neteller and Skrill, as well as cards such as Visa and Mastercard. In addition, bank transfer, which is a tried-and-true payment method for many punters, is available as well.

  6. Megapari

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    Regulators
    Curaçao
    Min Deposit
    $1
    Max Withdrawal
    $10,000
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    15 minutes
    • Compatible with smartphone devices
    • There is a dedicated casino page
    • In-play
    • Numerous deposit methods
    • Detailed statistics
    • SSL encryption

    The biggest draw of Megapari is the sheer number of sports that enjoy excellent coverage on this sportsbook’s website and application. As one would expect, the bookmaker offers its bettors the opportunity to wager on events pertaining to association football, cricket, handball, baseball, American football, and other mainstream sports. Niche markets are also present within the bookmaker’s catalog, and some interesting examples are categories such as TV games and politics, as well as unique sports like pesäpallo and keirin.

    Another excellent aspect of Megapari is its customizability when it comes to the bookie’s user interface. Punters can choose to go with decimal, fractional, American, Indonesian, Malaysian, or Hong Kong odds. Additionally, bettors can customize things such as the font size, whether the bet builder is visible, and how the stats are displayed.

  7. N1 Bet

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    Regulators
    Curaçao (152125)
    Min Deposit
    €20
    Max Withdrawal
    • Bank transfer - $4,000
    • Bitcoin - $4,000
    • Bitcoin - $4,000
    • Bitcoin cash - $4,000
    • Litecoin - $4,000
    • Ethereum - $4,000
    • Dogecoin - $4,000
    • Tether - $4,000
    • Cardano - $4,000
    • Tron - $4,000
    • ecoPayz - $6,000
    • Interac - $4,000
    • MiFinity - $1,000
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • Bank transfer - 3-10 days
    • Bitcoin - instant
    • Bitcoin - instant
    • Bitcoin cash - instant
    • Litecoin - instant
    • Ethereum - instant
    • Dogecoin - instant
    • Tether - instant
    • Cardano - instant
    • Tron - instant
    • ecoPayz - instant
    • Interac - instant
    • MiFinity - instant
    • Registering is quick and simple
    • The sportsbook accepts a plethora of deposit and withdrawal methods
    • The website layout is clean and convenient
    • Indonesian, Hong Kong, and Malaysian odds
    • Live streaming during in-play
    • Competitive market variety

    Although N1 Bet is a fairly young sportsbook, it has much to offer to sports betting aficionados. Bets such as 1×2, double chance, draw no bet, props, and total are a staple within the listings of N1 Bet. Moreover, these wager types are not reserved for bettors who prefer to wager on pre-match markets. Live games also give punters the opportunity to place a variety of bets.

    If you even need to contact customer support, N1 Bet’s support team is available around the clock, seven days a week. In addition, the sportsbook is regulated and strives to prevent its users from falling victim to problem gambling, which is why there are several responsible gambling features punters can utilize at N1 Bet. Bettors can enable deposit, loss, or wager limits. In addition, they can also set up a session limit which will prevent them from playing for too long. The last options are a cool-off feature and self-exclusion.

  8. LVBet

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    Regulators
    • UKGC (046794-R-325728-007, 046794-R-325728-007)
    • MGA (MGA/B2C/282/2015)
    • Irish Revenue Commissioners (1015523)
    Min Deposit
    $10
    Max Withdrawal
    $5,000 daily
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    Between several minutes and 3 days.
    • Quick registration process
    • Punters can wager on matches that are underway
    • Live streaming is available
    • The bookmaker is regulated by reputable regulatory bodies
    • Customer support can be contacted via live chat
    • Great market variety

    At LVBet, bettors can have the peace of mind that their sports betting account, as well as their personal and account information, is safe. The sportsbook has implemented SSL encryption, which is what ensures that third parties will be unable to get their hands on your sportsbook account data. Furthermore, two-factor authentication is available as well. This feature allows the sportsbook to verify each login attempt two times before you can login, which is a great safety measure.

    With the security taken care of, bettors can peacefully wager on some of the best sports competitions worldwide. The leagues covered at LVBet include, but are not limited to, the FIVB World Championship, the Premier League, and the NHL Stanley Cup.

  9. 1xBet

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    Regulators
    Curaçao (1668/JAZ)
    Min Deposit
    $1
    Max Withdrawal
    No limit
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • VISA - 1 minute-7 days
    • MasterCard - 1 minute-7 days
    • WebMoney - 15 minutes
    • Skrill - 15 minutes
    • AstroPay - 15 minutes
    • Perfect Money - 15 minutes
    • MuchBetter - 15 minutes
    • Jeton Wallet - 15 minutes
    • Sticpay - 15 minutes
    • 1xbet cash - 15 minutes
    • ecoPayz - 15 minutes
    • Neteller - 15 minutes
    • Interac e-Transfer - 15 minutes
    • DirectCredit - 15 minutes
    • Bitcoin - 15 minutes
    • Litecoin - 15 minutes
    • Dogecoin - 15 minutes
    • Ethereum - 15 minutes
    • Tether - 15 minutes
    • Live betting is available
    • Users can reach out to customer support via phone, email, or messaging tools like WhatsApp
    • Dedicated Esports page
    • Numerous soccer, volleyball, and basketball markets
    • Streamlined registration process
    • Live streaming

    Based in Cyprus, 1xBet is a sportsbook that caters to many punters across numerous locations worldwide. Martial arts, soccer, cycling, and basketball are but a few of the sports punters can enjoy at 1xBet, and thanks to the bookie’s well-designed betslip, bettors can pick multiple selections and choose to place single bets, accumulators, or system bets.

    The sportsbook accepts many banking solutions. When it comes to both deposits and withdrawals, credit and debit cards, along with services like Direct Debit and ecoPayz, are popular. In addition, many punters opt for Skrill, Jeton, or Neteller when it comes to digital wallets. Finally, cryptocurrencies are viable payment methods too, and the ones you can use at 1xBet include Bitcoin, Litecoin, Dogecoin, and others.

  10. LSBet

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    Regulators
    Curaçao (#5536/JAZ)
    Min Deposit
    €10
    Max Withdrawal
    • Bank transfer - €5,000
    • MiFINITY - €2,500
    • Skrill - €10,000
    • Neteller - €15,000
    • INPAY Local Bank Transfer - no limit
    • AstroPay Cashout Brazil - 2,000 BRL
    • AstroPay One Touch - $3,000
    • Bank Transfers - $2,500
    • eZeeWallet - no limit
    • Bitcoin - no limit
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    Up to 5 days.
    • 24/7 customer support via live chat
    • It is possible to wager on matches that are underway thanks to LSBet’s in-play feature
    • The website has a mobile interface for smartphones
    • There is a good variety of deposit methods
    • It is very easy to create an account
    • LSBet has a rich library of sports and bet types

    LSBet has an impressive betting platform that lets the bookie’s users customize the website to suit their preferences. Punters can pick between a European, Asian, or Italian layout, and one can also switch between a dark and a light theme and change what appears in the betslip. Speaking of which, the bookie’s betslip is comfortable to use. The option to combine bets into accas or system bets is available, and it shows punters’ bet history in a concise way.

    It should also be pointed out that punters can enjoy lots of variety when it comes to the bookie’s markets. Options like the two-way moneyline, outrights, specials, and totals are all available, and punters have the ability to wager on upcoming games or matches that are underway.

  11. Betsson

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    Regulators
    • MGA (MGA/CRP/108/2004)
    • the Republic of Ireland's Regulatory Bodies (1011286)
    Min Deposit
    €10
    Max Withdrawal
    No limit
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    Withdrawal processing takes about 24 hours. Afterwards, the timeframe depends on the withdrawal method:
    • Bank transfer - 2-7 days
    • Visa/Mastercard - 2-5 days
    • Neteller and Skrill - instant
    • Trustly - instant or 1-3 days depending on the bank
    • Punters can use live chat, email, or phone to contact customer support
    • Regulated by the MGA
    • Great selection of languages, including Greek, English, Norwegian, Italian, Spanish, and more
    • Dedicated racebook
    • Numerous options when it comes to banking solutions
    • Coverage of many soccer leagues, including the UEFA Champions League, the French Ligue 1, and the Bundesliga

    There is a lot to what makes a great sportsbook, and security is one of the most crucial aspects of a reputable bookie. Betsson performs well in this regard. Two-factor authentication is available, and the sportsbook uses SSL encryption to keep account data secure.

    Betsson answers to multiple regulatory bodies, and it is licensed to operate in a variety of jurisdictions. This is why punters from Poland, Argentina, Brazil, Ireland, Italy, and Norway, among others, are able to use the website in their native language. In addition, the bookie caters to a variety of bettors, including those who are fond of sports such as soccer, volleyball, golf, ice hockey, and cricket. A casino is also available to punters who, on occasion, like to change up their remote wagering routine.

  12. Parimatch

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    Regulators
    • UKGC ( 039576-R-319370-020)
    • Gibraltar Gambling Commissioner (001,014)
    Min Deposit
    • Sticpay - $5
    • Visa - $10
    • Mastercard - $10
    • MuchBetter - $11
    • Neteller - $5
    • Perfect Money - $1
    • Jeton Wallet - $1
    • ecoPayz - $5
    • ecoPayz - $5
    • Skrill - $10
    • Paysafecard - $1
    • Rapid Transfer - $10
    • CashToCode - $5
    • Skrill 1-tap - $10
    Max Withdrawal
    N/A
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    Up to 3 days
    • Customer support is available around the clock
    • Numerous markets
    • Good selection of deposit solutions
    • The bookmaker is licensed by reputable regulators
    • Live betting
    • Modern layout design

    The origins of Parimatch date all the way back to 1994, making it one of the older bookies a punter can come across on their sports betting journey. Wagering at Parimatch is an absolute breeze, thanks to the array of sports available. This includes cricket, basketball, soccer, and Esports, to name a few.

    The betslip is always to your left, which means that keeping track of your selection whenever you bet is a simple task. The betslip itself is compact, with convenient quick buttons when it comes to your potential stake. In addition, there are options to create parlays and system bets.

  13. Melbet

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    Regulators
    Curaçao (8048/JAZ2020-060)
    Min Deposit
    $1
    Max Withdrawal
    No limit
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    15 minutes
    • Putners can pick between decimal, fractional, American, Hong Kong, Malaysian, and Indonesian odds
    • Melbet’s mobile app works on Android phones and iPhones
    • Users can contact support via phone, email, or live chat
    • In-play
    • Large number of language options. This includes Spanish, English, Norwegian, and others.
    • Excellent selection of cryptocurrency banking solutions

    Registering at Melbet is a simple task, and once you are ready to make your first deposit, you will find that lots of popular banking solutions are available. Digital wallets, in particular, are in abundance. Apple Pay, Jeton Wallet, Skrill, and Neteller are some of the choices punters can go for. In addition, Melbet caters quite well to punters who are fond of utilizing blockchain technology when wagering at online sportsbooks. The bookie accepts numerous cryptocurrencies, and this includes Bitcoin, Litecoin, Ethereum, and many more.

    At Melbet, punters have a chance to place bets on events pertaining to the FIFA Champions League, the MLB, and many other prestigious competitions. In addition, betting can be done on a computer as well as on a smartphone device. Melbet’s website is compatible with mobile browsers, and users can also download the app, which is available for Android and iOS devices.

  14. Betsafe

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    Regulators
    • MGA (MGA/CRP/108/2004)
    • Irish Revenue Commissioners (1011286)
    Min Deposit
    €10
    Max Withdrawal
    €50,000 per 24 hours
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    Withdrawal processing takes up to 24 hours. Afterwards, the timeframe depends on the withdrawal method:
    • Bank Transfer - 2-7 days
    • Visa/Mastercard - 2-5 days
    • Neteller and Skrill - Instant
    • Trustly - either instant or up to 3 days depending on your bank
    • Numerous languages
    • Betsafe is licensed by the MGA
    • Punters can wager on live events
    • The bookie’s layout is well-organized
    • 24/7 customer support
    • Live streaming

    Betsafe is a sportsbook that lends itself well to both pre-match betting and wagering on live events. The selections punters can find during in-play are totals, 1×2, handicap bets, and both teams to score, among others. As for the sports Betsafe punters have access to, tennis, baseball, basketball, and soccer are all some of the sports which have a prominent spot within the sportsbook’s listings.

    Although it is best to place bets when you are absolutely certain that you have considered all possible outcomes and are confident in your bets, the occasional blunder can happen. Betsafe has a feature that will be helpful if you ever do happen to place a bet that might not go as well as expected. This tool is called cash out, and it is available on certain games. With it, you can cash out a bet early and thus take a part of your payout or stake back, as opposed to waiting for the outcome to become clear.

  15. Mr Green

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    Regulators
    • UKGC (039264-R-319432-018, 039264-R-319432-018)
    • MGA (LGA/CL1/521/2008, LGA/CL1/772/2011, LGA/CL1/869/2013)
    Min Deposit
    €10
    Max Withdrawal
    No limit.
    Deposit Methods
    Withdrawal Methods
    Withdrawal Time
    • Bank Transfer - 1-5 days
    • Trustly - 3-5 days
    • Skrill - Instant, up to 2 days on occasion
    • Neteller - instant, up to 2 hours
    • Paypal - Instant, up to 2 hours
    • Paysafecard - Instant up to 2 hours
    • Mastercard and Visa - 1-5 days
    • Customer support is available around the clock
    • Live streaming
    • Standalone app for smartphone devices
    • Verification is swift
    • Bet builder
    • User data is protected by SSL encryption

    Mr Green is one of the classiest bookies around, at least when it comes to the design of this sportsbook’s betting platform. The website and app are dominated by green, white, and dark gray, and this palette serves to further accentuate how clean and organized the overall layout is. Thanks to this, navigation within the sportsbook’s menus is not difficult, and you can quickly find the markets of sports such as association football, motorsports, basketball, and many others.

    Bettors can also trust Mr Green’s reputability, seeing as the sportsbook is licensed by some of the strict regulators in the sports betting markets. The entities in question are the United Kingdom Gambling Commission and the Malta Gaming Authority.

Compared to other countries in South America and across the world, Argentina has a more relaxed, common-sense stance when it comes to gambling and betting activities. What has been seen as controversial or even immoral for decades in many parts of the world, has been relatively well accepted by the general public here. This approach has led to the popularization of betting on soccer and of many other sports, although nothing truly compared to the status of this sport in Argentina.

In 1972, the National Lottery established the weekly betting game PRODE in order to promote sports in the country. In the game, people made predictions on the matches in Primera División, the top division soccer league in Argentina. It gained huge popularity for both soccer and sports betting, revolutionizing the nation’s entire gambling industry. After several decades, however, in February the National Lottery along with PRODE were shut down. The Government issued a decree to dissolve the Lottery, as it was seen as no longer viable.

Betting on soccer and other sports has remained extremely popular among Argentines, although the lack of online betting-dedicated comprehensive legislation on a federal level has made it tough for operators to freely offer their services in all provinces.

Legality and Regulation of Sports Betting in Argentina

Legality and RegulationAll forms of betting and gambling are available to customers in Argentina, although land-based operations are strictly regulated and there are serious restrictions in place, especially regarding operators. Online betting, on the other hand, is currently regulated on a provincial level and while some provinces allow such operations, others have not yet introduced laws regarding sports betting sites.

The Sports Forecast Law

The Sports Forecast LawBefore delving into the complex legal matters of online gambling, we should look at the main law that had, until recently, dealt with organized betting on sports events and this was Law 25,295, Sports Forecast Law. The law allowed sports forecasts on the outcome of any sporting event, with the exception of horse racing.

Betting games and contests were offered and managed by the National Lottery, which meant that bets could not be taken by companies and corporations – all betting was provided and regulated by the state. This changed in February 2018, when the National Lottery was dissolved.

Current Legal Environment

Current Legal EnvironmentArgentina has 24 independent gambling jurisdictions and each one of them treats online betting differently – some provinces allow online bets to be taken only by locally licensed operators, while other provinces allow betting operators from other jurisdictions, as well. The first online gambling licenses were issued in 2002 and the first online sportsbook license was granted in 2006.

In 2008, the Government through the National Lottery withdrew the license of local online gambling firm Formoapuestas. That same year, in an attempt for a crackdown on foreign betting sites, wagering on offshore betting platforms was banned. The ban, however, has not been enforced and currently, neither bettors nor operators are prosecuted or fined. Several offshore gambling and betting firms were forced to exit the market but overall, the prohibition has had a little impact on the industry. There are approximately 15 betting sites registered with Argentinian web addresses.

Another important aspect of the current legal environment is the taxation – there is a 25% tax on gaming machines, as well as a 22% Gaming Tax imposed on most gambling and betting operations. In January 2018, a VAT tax of up to 27% was proposed for offshore gambling and betting companies. But the Government has not introduced taxes on customers’ winnings, whether they are generated in brick-and-mortar establishments or online.

Buenos Aires Starts Regulating Online Betting in 2019

Buenos Aires Starts Regulating Online BettingIn December 2018, lawmakers in the Province of Buenos Aires, home to the capital city of the same name, passed online gambling legislation for the first time. The measures that will pave the way for legalized casino games, sports betting, bets on horse races, and poker, were included in the 2019 Budget, which comes into force on January 1, 2019.

It is still unclear when the licensing process would begin but according to media reports, up to 7 online gambling licenses would be granted. Licensees would be required to establish a presence within the province and would be required to pay a 2% administrative fee to the Instituto Provincial de Loteria y Casinos, the local regulatory body, In addition, there will be 15 percent tax on GGR.

Argentina Sporting Events Coverage and Markets

Sporting Events Coverage and MarketsAs mentioned above, soccer has gained legendary status in Argentina and today punters can place online bets on a large number of soccer markets. All major national and international leagues and championships can be watched on TV and online, so bets are accepted on the English Premier League, the German Bundesliga, the Italian Serie A, and the Spanish La Liga.

Local operators also offer wagers on Superliga Argentina de Fútbol, as well as on the extremely popular UEFA Champions League and UEFA Europa League. Bets are also available on Argentina’s most important derby, the Superclásico, a legendary match between the Boca Juniors and River Plate. Of course, Spreads, Money Lines, Over/Under Under, Player Props, Futures, as well as live bets are offered. Many betting providers would also have special Live Betting/In-Play Betting sections, supported by tips, statistics, and live streams of all major events.

Horse races are traditionally popular in the country, so all betting sites that cater to Argentinian bettors would offer bets on large racing events and cups. Sports wagering fans can also enjoy a large number of tennis markets to choose from, with ATP and WTA events being the most watched and wagered on. Interestingly, one of the most beloved sports in the country is boxing and Argentina has quite an impressive success in it with famous fighters over the past decades such as Carlos Monzon, Nicolino Locche, and Sergio Martinez. Bets can be placed on some of the biggest boxing matches and on various props, as well as on MMA fights, which are quickly also gaining popularity in the country.

Volleyball, rugby, field hockey, and basketball are also among the most watched sports in Argentina as the nation has produced many famous athletes in these sports. Betting sites also offer hundreds of markets and types of wagers that can be placed on major events and championships. Of course, all online sportsbooks, both local and international ones, give Argentina’s fans the option to bet on golf, cricket, handball, sailing, auto racing, ice hockey, polo, and many others. Other sports that are also available to punters include baseball, football, winter sports, the Olympic events, cycling, snooker, etc.

Popular Odds Format in Argentina

Popular Odds FormatThe odds are an essential part of betting and understanding them well is the first step to becoming a successful bettor. The odds are a representation of the possible payout for a winning bet and they can come in several different formats, namely decimal, American, and fractional, which are mainly used in Ireland and the UK.

The most popular odds format in Argentina is the decimal form, which is probably the easiest to understand. It is commonly used across Europe, Canada, and Australia, but since many fans in Argentina typically bet on soccer, they tend to prefer this format, as well. Decimal odds represent the payout on a successful bet and are quite straightforward to calculate. If you bet $100 on 1.5 odds and you win, you receive $150, which is your initial stake of $100 plus the profit of $50. As you can see, these odds are easy to understand – the higher the number, the higher your potential profit.

Another format that is usually offered by betting sites in Argentina is the Moneyline, also known as American odds. They may seem quite complex at first glance, but are quite simple, being based on 100 units or $100. They can be positive or negative, depending on whether the team is the favorite or the underdog. In other words, these odds reflect whether the odds are better or worse than even.

For example, if the odds show -200, they indicate that you need to wager $200 to win $100. This will be equivalent to decimal odds of 1.5, where you bet $200 and receive $300, but the actual profit is $100. If the money line odds are better than even, they will be a positive number and will indicate how much you can win with a $100 stake. If you place $100 on a +300 odd, you will make a profit of $300.

Payment Solutions for Sports Bettors from Argentina

Payment SolutionsOnline betting sites that are based in Argentina typically allow payments in the domestic currency, the Argentine peso (ARS). However, that is rarely the case with offshore sportsbooks and most betting fans who register on foreign sites would be offered various other alternatives such as American dollars (USD), Euro (EUR), and others. Some of the online platforms also accept Bitcoin and other cryptocurrencies, so bettors should be able to find a convenient option for themselves.

It is also incredibly important to choose a payment method that is safe, reliable, and fast. As customers in Argentina use a wide range of internationally available payment processors such as different credit and debit cards or e-wallets, they should find it easy to register their favorite deposit/withdrawal method when signing up at a betting site.

Credit and Debit Cards

Credit and Debit CardsSportsbooks in the country offer some of the most commonly used credit and debit cards in the world, including Visa and Visa Electron, Mastercard, Maestro, and American Express. These cards are issued by various banks in the country, so they are widely available and can be used for both online and in-store purchases, paying bills, shopping, and online betting. Customers can choose from a wide variety of credit and debit cards, but these brands are also known for their prepaid and travel cards.

Of course, each card comes with different annual or monthly fees, but generally, depositing and withdrawing from betting sites is usually free of charge. Bettors should know that while deposits via credit and debit cards tend to be instant, cashing out to the same card may take between 1 and 3 business days. In some cases, the processing time for such transfers can reach 5 days. Another thing punters should bear in mind is that Mastercard-branded cards may not always be available for withdrawal. In this case, bank transfers are usually offered by the betting site.

Digital Wallets

Digital WalletsDigital wallets are electronic payment methods that function as wallets, hence their name. Also known as e-wallets, they are incredibly convenient because registration is straight-forward, they are easy to use, and there are only tiny fees that need to be paid. Various e-wallets are available to Argentine bettors and while some of them are used only to store and transfer money, others are much more similar to our actual, physical wallets – they can store banking information, credit card, data, and transaction history.

Most betting sites targeting Argentine punters would offer them deposits and withdrawals to be made via PayPal, Skrill, and Neteller. The transactions are safe and the deposited funds appear in your betting account within a minute or two. Withdrawals, on the other hand, usually take up to 24 hours to move from the online sportsbook to the e-wallet. One thing to consider, however, is that usually, PayPal can be used for deposits, while withdrawals from betting or gambling sites may be canceled.

Instant Bank Transfers

Instant Bank TransfersInstant bank transfers are also available to many bettors in Argentina, although most of them can be used only by account holders at a specific bank or banking group. These payment systems function as intermediaries between banks and retailers (online bookmakers in this case) and allow bettors to make instant deposits directly from their banking accounts. At the same time, the bank does not cancel the transaction, which is sometimes the case with gambling-related transfers.

The best thing about this payment method is that it allows instant depositing into betting sites, with no additional fees involved. Withdrawals are also relatively fast, although this may depend on the particular bank and take up to 3 or 4 business days. Popular instant bank transfer services include GiroPay, Euteller, Trustly, Sofort, and Multibanco but customers need to have bank accounts at banking institutions outside Argentina.

Other Payment Methods

Other Payment MethodsMost online sportsbooks also offer their customers to deposit or withdraw their winnings using wire transfers, online banking, and prepaid cards. For instance, many of the large betting platforms accept Paysafecard, which is an internationally available prepaid card and can be used for shopping and online betting. Depositing is easy and instantaneous, but withdrawals are not available. Another great option that allows both deposits and withdrawals is EcoPayz, an electronic payment system that combines several options, namely a single-use virtual prepaid card, an e-wallet, and a debit card-like service.

One of the most convenient and commonly used prepaid payment services in Argentina, however, is AstroPay. The AstroPay card is available all over Latin America and is a wonderful solution for gambling and betting fans who wish to deposit safely and quickly. Another great option for those who want extra security and even anonymous payments over the Internet is Bitcoin. Some of the best betting sites that cater to customers in Argentina offer Bitcoin payments – they are fast, low-cost, and completely safe.

Bonuses and Rewards for Argentine Sports Bettors

Bonuses and RewardsIn order to stay competitive, betting sites come up with various ways to attract new customers and keep them interested. They would typically reward them with free bets and sign-up bonuses, as well as various loyalty programs. Just like betting fans all around the world, Argentine sports bettors can enjoy a wide range of bonuses and other promotions offered by online bookmakers.

One of the most common bonus types is the Welcome or Sign-Up Bonus, which is usually given upon making a deposit for the first time. At least two varieties of this offer can be found and the first one is a free bet that is typically worth from $10 to $50. Of course, every betting site sets its own bonus terms and requirements, but often, the free bet bonus does not have to be wagered. Some bookmakers would offer it for a specific game or sporting event, while others would allow the free bet to be used on any match or competition. In addition, this bonus is usually given for certain types of bets (singles, money lines) and there would be minimum odds specified.

Other betting sites, however, would match the customer’s first deposit up to 100% and would allow the bonus to be used for any sporting event on offer. Still, these bonuses cannot be used for any of the other gambling products that the betting operator may offer such as casino games, poker, bingo, or live dealer games. Bettors should also check whether there is a minimum deposit amount that qualifies them for receiving the deposit bonus – usually, there is. Most betting platforms would limit the amount the bonus that can be taken to, let’s say, $100, $300, or even $1,000. The bonus would also be subject to some rollover requirement – its amount would need to be wagered a certain number of times (x5, x10, or even x20).

There are plenty of other promotions, available to Argentine sports bettors – some bookmakers would boost the winnings of a successful bet, others would offer guaranteed cashback on all loses. Another promotion that can be found often in betting sites is giving special odds on a specific match or another sporting event. Loyalty programs are also quite popular and are designed to reward the most active bettors – the more you wager, the more loyalty points you receive. Then, these loyalty points, also called comp or reward points, can be redeemed for cash.

Customer Support at Argentine Sports Betting Sites

Customer SupportRecognizing the popularity of sports and sports betting in the country, an increasing number of online sportsbooks are accepting Argentinean bettors. The large, well-established bookmakers are providing reliable customer support around the clock. Apart from being professional and friendly, however, the support staff should also be fluent in Spanish in order to cater to Argentine sports bettors.

Many websites are, therefore, available in Spanish and providing their members with Spanish-speaking support professionals that can be reached by email, phone or live chat.

While this is true for the local sportsbooks and some of the largest international operators, it does not apply to all offshore betting sites available in Argentina. Many bettors would need to be fluent in English in order to use their services.

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