Best Betting Sites in Chile

Gambling in Chile has been impacted by the online gaming boom, as more punters are drawn to the convenience of betting online. However, the Chilean online gambling industry is largely dependent on offshore betting companies. This review highlights the best bookies by country operating in Chile. We also share several tips to help Chilean players have an easy time when betting online.

The Best Chile Online Betting Sites

In 2024 the top bookmakers operating in Chile are listed in the table below.

List of the Leading Chilean Betting Sites

1. Betano – Number 1 bookie for Chile
2. Betway – Ideal for eSports
3. 1xbet – Recognized brand
4. Megapari – Lots of CLP bonuses
5. Novibet – Lots of markets and competitive odds

Chile’s TOP Betting Sites Reviewed

Chile has a high internet penetration which has attracted so many online betting sites. But amid all these operators, a few emerge as the best in the game. The list below outlines the top bookmakers in Chile, based on factors that are important to any punter.

Betano

This is a relatively new betting site for LatAm that is owned and operated by Kaizen Group. One of the reasons why Betano is featured among the best sites for betting in Chile is the coverage of sports categories, ranging from e-sports and virtual sports to major football leagues and American tournaments.

The ‘Specials’ section features betting markets on global politics, reality TV shows, and even Academy Awards. In addition to other bonuses, Betano has missions program where you can reap plenty other bonuses as you accomplish tasks.

Betway

Betway is yet another international betting company that Chilean players can safely work with. Founded more than a decade ago, Betway has established itself as a global online betting company with licenses from nearly a dozen jurisdictions. Consequently, Betway has been able to operate in many overseas markets, including Chile.

Here, you will be able to bet on the largest selection of sports, esports, and online casino games. The sports betting experience here is particularly enhanced by the extra features such as bet builder and special jackpots. Additionally, Betway offers an irresistible welcome bonus which you can use to buy some extra free bets.

1xbet

This is an internationally recognized betting power house that accepts players from Chile. It offers a Spanish version of its site among the many translations.

1xbet has it all under one web-address – sports betting, casino, betgames, esports, virtuals and many more. We recommend downloading the apps or the mobile site as it is much easier to navigate compared to the desktop version of 1xbet.

MegaPari

This brand was launched back in 2019. The company owner is Vdsoft & Script Development SRL. MegaPari covers lots of geo markets worldwide and one of them is LatAm and Chile in particular.

The bookie has a very optimised betting products covering sports and casino games. What makes MegaPari special is their unique bonus campaigns though.

Novibet

Our next entry is yet another highly recommended betting site for Chile. Licensed and regulated, Novibet is a safe platform where you can play your favorite casino games and bet on the most profitable odds.

One outstanding feature here is the ‘Blog’, which features all the latest news on various sports, giving players an insight on how their next bet might be influenced. Additionally, the FAQs page is quite resourceful, with quick fixes for the most common challenges you might face. Should you need further assistance, the Novibet support team is available 24/7 via live chats and emails.

Factors When Ranking Top Chilean Betting Sites

Our ranking of the best online bookies for Chile follows a criterion that considers critical factors to a player’s online gaming experience. These are the factors that you can also consider when hunting for other online bookies, in addition to the ones we have listed above.

• What betting options are available?
  The most important factor to consider is the variety of betting markets and how odds compare to other leading brands. Top online bookies will always have the best odds across a wide variety of betting markets.
• Does the bookie have a legit license?
  With many rogue operators popping up each day, it is very risky to play at a site with no verifiable licensing information. Information such as the license number should be easy to access and validate with the various regulatory authorities.
• What extra bonuses are offered?
  In addition to buying you those extra free bets, bonuses are usually an indicator of how much the bookies value their new and returning customers.
• What payment methods are available?
  It is crucial to check if the bookie supports payment methods that you can access and if there are any additional transaction fees. Another factor to consider here is the currencies accepted any limits applied to the amount you can transact daily.
• What are other players saying about the bookie?
  Before committing your money with any bookie, take time to research reviews from genuine sites and understand some of the challenges you might face with the betting site.

Chile Gambling Industry at a Glance

Gambling has been a favorite pastime for many Chileans. Recent statistics show the number of companies operating in the casinos and gambling business to be more than 400, with land-based casinos raking in upwards of $25.5m in gaming revenue.

• Currency: Chilean Peso
• Population: 19.603 million
• Active Players: 6,000,000
• Designated Authority: Superintendence of Casinos (Superintendencia de Casinos de Juego, or SCJ)
• Regulated Gambling Products: Casino games, sports betting, lotteries
• Types of Operators: Land-based betting shops, Land-based casinos, unlicensed online bookmakers, unlicensed casinos, licensed online casinos and bookmakers

Did you know that?

• The legal gambling age in Chile is 18 years.
• There are no online betting companies licensed locally by the Chilean betting regulator.
• There is no tax charged on any betting winnings.

First Steps to Betting in Chile

Having analyzed the best betting sites in Chile, you can join the ever-growing online betting community in a few easy steps, as explained in detail below:

1. Step 1: Choose the best as recommended in our best betting sites in Chile.
2. Step 2: Register as a new player by filling the signup form on the website.
3. Step 3: Login to your new account and make the first deposit. Remember to consider the minimum deposit requirement for the bookie.
4. Step 4: Scroll through the betting markets listed and stake your wager.

Overview of Online Betting in Chile

The passing of the 2005 laws on gambling meant that operating an online betting business in Chile was not permitted. This law intended to ensure that all forms of betting in Chile are limited to land-based casinos and betting shops. But with more Chileans able to access the internet, especially on mobile devices, the government has been reluctant to follow up and prosecute any players.

Government enforcement seems to primarily target the operators as no online betting company has been licensed in the country. Nonetheless, the online betting scene in Chile is robust, with plenty of offshore companies accepting Chilean players.

Are Chilean betting sites legal?

The government has not licensed any online betting site to operate in Chile. However, the law does not outrightly prohibit Chileans from betting on offshore sites.

Do bookmakers restrict Chilean players?

No, many bookmakers have opened their door to Chilean players, including major betting companies based in the Europe.

Are winnings from betting taxed?

No, you do not have to pay any taxes on wins you make while betting online in Chile.

Bonuses, Free Bets & Specials Available for Chile

One advantage of online betting is the wide variety of bonuses offered by operators. As the Chilean online betting market grows, competition among bookies increases, prompting them to give lucrative bonus deals to win more players. Some of the most popular bonuses you can look out for include:

• Welcome Bonus – This is a bonus issued to new sign-ups, usually matching the first deposit you make.
• No Deposit Free Bets – This type of bonus is quite unique as the bookies give you free bets worth a certain amount, without you having to make any real money deposits.
• Cashback Bonus – With this type of bonus, you will receive a refund of the amount lost from your bets. This can be a full refund of the total stake or a certain percentage paid back as free bets.
• Acca Bonus – As the title suggests, this bonus targets players placing acca bets. Your acca bet must contain a minimum number of bets to qualify in most cases.

Chilean Bettors’ Favourite Sports

Chileans have been known to participate in many different sports, all the way up to global competitions. But the most popular sport by far is soccer. As such, Chileans actively bet on various football leagues and tournaments worldwide. The online betting markets get particularly busy during major tournaments such as the World Cup and CONMEBOL.

Other sports betting markets that receive a high number of bets include tennis, horse racing, polo, and basketball. Pre-match bets have always been the go-to option for most Chileans. But as online betting sites come with extras such as live streaming, there has been an increased uptake of in-play live bets.

An Overview of Online Casinos in Chile

Offshore online betting sites have allowed easier remote access to casino games. Poker is by far the most played online casino game in Chile. This is followed by lotteries and bingo thanks to these games’ long history in Chile’s land-based casinos. But as most online casinos give too much visibility on video slots, there has been a recent upsurge in Chilean players at the online slots games.

Currency & Payment Options Available for Online Betting in Chile

Payment options are among the factors we highlighted as critical when choosing the best online betting site in Chile. Most Chileans still prefer to use bank cards such as Visa and MasterCard when betting. A few online payment service platforms such as Neteller, Skrill, and WebPay Plus are also gaining popularity in the recent past.

Crypto payments are the latest trend in the Chilean online betting scene. Such cryptocurrencies are seen as an alternative to using the Chilean Peso, which has been the standard currency used by nearly all Chilean players.

Mobile Betting Apps in Chile

Top bookmakers in Chile have mobile-friendly websites that allow you to comfortably browse and place your bets through your mobile browser without downloading any apps. With other bigger brands such as Betano, you get the added advantage of having a downable mobile app for your convenience.

Top Bookie in Chile Ranked by Silentbet

The best bookie in Chile, according to Silentbet, is Betano. Bookies guarantee new signups one of the best welcome bonuses you will find in the Chilean online betting market. This bookie is mobile-friendly, which gives players the flexibility to bet from anywhere. Betano has a good reputation worldwide for their fast payouts at no extra fees.

Final Verdict

Despite the government reluctance to license online betting in Chile, the industry is still growing, with many offshore operators opening their doors to Chilean punters. The key thing here is to ensure you only choose to play at sites with legit offshore licenses. By taking into account all the other factors we have mentioned in this review, Chile players still have plenty of options, including major brands such as Betway and Betano.

FAQs