Crypto Gambling Sites in Colombia

Crypto Gambling Sites in Colombia

Crypto Gambling Sites in Colombia

Colombia has both flexible and notably tricky gambling laws. For instance, gambling online has been legal in the South American country since 2016. Despite that, Colombia attempts to block access and payments to those sites which don’t have licenses issued by the EICE Coljuegos (the licensing authority).

However, crypto gambling sites in Colombia are hardly affected, mainly due to their blockchain-based payments. Also, the CNJSA (Council of Games of Luck and Chance) never prosecuted any Colombians who play at those sites. This naturally makes crypto gambling a lucrative unregulated activity falling within a legal grey zone.

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Legit Colombian Bitcoin Gambling Sites

Perks of choosing to play at Bitcoin gambling sites in Colombia include instant withdrawals, anonymity (which is handy in the country), and a generally more impressive selection of games than those found at Coljuegos licensed online casinos. Amongst the top BTC casinos you can join are the brands below.

Casino
Rating
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
BC.Game Bonus
4.3/5
star star star star star
Deposit Bonus
$30
special-rules
Special Rules
Exclusive Offer
NO CODE
120% Bonus Up To$20,000
#2
Vave Bonus
4.4/5
star star star star star
Cashback
$20
B x 40
NO CODE
100% Bonus Up To1 BTC
#3
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
$10
x80
NO CODE
100% Bonus Up To1 BTC
#4
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
$10
N/A
NO CODE
180% Bonus Up To$20,000
#5
Cryptoleo Bonus
4.2/5
star star star star star
-
x50
NO CODE
100% Bonus Up To2,500 USDT
#6
Duelbits Bonus
4.2/5
star star star star star
Rakeback
$10
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback +500FS
#7
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#8
Jackbit Bonus
4.1/5
star star star star star
Deposit Bonus
€50
x1
WELCOME
copy-icon
Bonus Up To100 FS
#9
22bet Bonus
4.2/5
star star star star star
Deposit Bonus
€1
B x 50
Exclusive Offer
CRYPTOTV
copy-icon
100% Bonus Up To€300
#10
Stake Bonus
4.4/5
star star star star star
Rakeback
$1
special-rules
Special Rules
Exclusive Offer
CRYPTOTV
copy-icon
Bonus Up To10% Rakeback
#11
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#12
Sportsbet.io Bonus
4.1/5
star star star star star
Daily Rewards
$1
special-rules
Special Rules
NO CODE
Bonus Up ToDaily Rewards
#13
1xbet Bonus
4.2/5
star star star star star
Deposit Bonus
$10
x35
NO CODE
100% Bonus Up To$1,500
#14
20Bet Bonus
4.3/5
star star star star star
Deposit Bonus
$/€20
B x 40
NO CODE
100% Bonus Up To$/€120
#15
Mystake Bonus
4.2/5
star star star star star
Deposit Bonus
$20
x30
NO CODE
170% Bonus Up To$1,000
#16
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
$20
x35 in Slots
NO CODE
100% Bonus Up To$500
#17
FortuneJack Bonus
4.0/5
star star star star star
Deposit Bonus
BTC 0.001
Bonus x30
NO CODE
110% Bonus Up ToBTC 1.5
Bookmaker
Rating
Min odds
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
BC.Game Bonus
4.3/5
star star star star star
Deposit Bonus
-
$30
special-rules
Special Rules
Exclusive Offer
NO CODE
120% Bonus Up To$20,000
#2
Vave Bonus
4.4/5
star star star star star
Cashback
2.00
$20
B X 5 (Doubles)
NO CODE
100% Bonus Up To1 BTC
#3
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
-
$10
x80
NO CODE
100% Bonus Up To1 BTC
#4
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
N/A
$10
N/A
NO CODE
180% Bonus Up To$20,000
#5
Cryptoleo Bonus
4.2/5
star star star star star
Deposit Bonus
-
-
x50
-
copy-icon
100% Bonus Up To2,500 USDT
#6
Duelbits Bonus
4.2/5
star star star star star
Freebet
1.50
$10
B X 5
NO CODE
100% Bonus Up To$100
#7
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
1.60
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#8
Jackbit Bonus
4.1/5
star star star star star
Freebet
1.30/selection (trebles)
€20
special-rules
Special Rules
NO CODE
100% Bonus Up To€100
#9
22bet Bonus
4.2/5
star star star star star
Deposit Bonus
1.40/selection (Trebles)
€1
Β x 5
Exclusive Offer
NO CODE
100% Bonus Up To€122
#10
Stake Bonus
4.4/5
star star star star star
Rakeback
-
$1
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback
#11
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#12
Sportsbet.io Bonus
4.1/5
star star star star star
Daily Rewards
-
$1
special-rules
Special Rules
-
copy-icon
Bonus Up ToDaily Odds Boost
#13
1xbet Bonus
4.2/5
star star star star star
Deposit Bonus
1.4
$1
x5
-
copy-icon
100% Bonus Up To$100
#14
20Bet Bonus
4.3/5
star star star star star
Deposit Bonus
2.00 Combined (ACCAs)
$/€10
B x 5
NO CODE
100% Bonus Up To$/€100
#15
Mystake Bonus
4.2/5
star star star star star
Deposit Bonus
1.40/selection
$20
x10 in Doubles
NO CODE
100% Bonus Up To$500
#16
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
1.4/selection
$20
x10 in Trebles
NO CODE
100% Bonus Up To$500
#17
FortuneJack Bonus
4.0/5
star star star star star
Cashback
N/A
BTC 0.001
N/A
-
copy-icon
20% Bonus Up To20% Cashback
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Safe Colombian Crypto Betting Sites

In contrast to Coljuegos-licensed brands, Colombian betting sites with cryptos licensed offshore operate in a grey era and provide benefits which include more sports markets, sports, leagues and generally higher odds. We’ve put together a top list of options for you, including:

Bookmaker
Rating
Crypto Coins
Highlights
% Percentage
Amount
#1
white-star
BC.Game
4.3/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
100+ Coins
check-icon
In-game DeFi Tools
check-icon
Up To 200+ Live Markets Per Event
check-icon
10+ Blockchain Networks
120% Bonus Up To$20,000
#2
Vave
4.4/5
star star star star star
Cashback
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 29 Coins
check-icon
Up To 96%+ Odds
check-icon
Over 1,000 Daily Live Events
check-icon
4+ Fiat To Crypto Gateways
100% Bonus Up To1 BTC
#3
BetPanda
4.3/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 12 Coins
check-icon
Livestreaming
check-icon
40,000+ Monthly Pre-game Events
check-icon
Bitcoin Lightning Accepted
100% Bonus Up To1 BTC
Colombia’s ISP Bans on Unlicensed Sites

The term unlicensed doesn’t necessarily mean that crypto sports betting isn’t safe. On the contrary, unlicensed (in this context) only means that Colombia’s licensing authority (Coljuego) hasn’t licensed crypto sites. Many of our recommended betting sites are still licensed and regulated by offshore authorities and, in some cases, are considerably more flexible and better regulated than nationally licensed sites.

Colombia’s internet service providers may try to block your access to these sites (as they have with over 3,000 others), but it is not illegal for you to play at them. Moreover, many top crypto sites accept Colombians using VPNs to circumvent these blocks, which is also not illegal in the South American country. Keep in mind though that not all bookies are VPN-friendly, so make sure to check the t&c’s first.

BC.Game Logo
Casino
BC.Game
4.3/5
star star star star star
YEAR EST
2020
check-icon
100+ coins
check-icon
Over 5,400 Games
check-icon
60+ Providers
check-icon
DeFi tools
Pragmatic Play Pragmatic Play
Play ’n GO Play ’n GO
No Limit City No Limit City
Exclusive Offer
120% Bonus Up To $20,000
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Crypto Gambling Sites in Colombia – How to Deposit

Colombia has, in the past, had national crypto exchanges. However, they’ve typically failed because of the way the country’s laws work. Therefore, you’re going to need to visit an international crypto exchange to purchase such assets. Moreover, you won’t be able to use Colombian bank cards or other national financial institutions to purchase cryptocurrencies. You can, however, use e-wallets and other means.

Binance is by far the most popular exchange in Colombia, while Kraken, Capital, and eToro are also options to consider. The trickiest part of obtaining cryptos is to use a payment method which isn’t tied to a Colombian financial institution. Once you’ve got that sorted, you can simply purchase and move your cryptocurrency to your wallet.

Depositing at a Bitcoin or crypto gambling site is a doddle. Simply process the payment using your payment provider, similar to how you’d process an e-wallet transfer. Crypto deposits (and withdrawals) are ideal and preferred to Fiat currency options as they are faster, generally have more flexible caps and limits, and offer anonymity.

Step-By-Step Process
Crypto Gambling Sites in Colombia
Crypto Gambling Sites in Colombia
Step-By-Step Process
1
Start an account at a crypto exchange. Fund it via debit card, bank transfer or any other local option. Acquire the cryptocurrency that you are going to use as a gambling bankroll.
2
If you are not in a hurry, limit orders hold fewer fees than market orders. Sometimes, it is better to acquire the proprietary coin of the exchange first, as trading pairs with them cost less.
3
Transfer the cryptocurrency amount to your private wallet. Never make direct transactions between crypto exchanges & crypto gambling sites. Crypto exchanges may freeze such accounts.
4
Head over to the gambling site’s cashier section. Click on the relevant crypto method. The wallet’s address will appear. Copy the address and paste it into your wallet’s send function. QR code scans are commonly available too.
5
If a brand does not support crypto-only wallets, watch out for the exchange rate. Any spread above 1% of the current market rate is too much.
6
After a few seconds or minutes, your deposit will settle. This depends on the cryptocurrency and the number of block confirmations required by the operator.

While the situation surrounding cryptocurrencies and gambling seems murky, the tax laws in the country are cloudier still. Let’s explore how taxes on gambling and cryptocurrency profits work in the next section.

What’s the Crypto Gambling Tax in Colombia?

The tax situation in Columbia when it comes to casinos and cryptocurrencies is cloudy at best. For instance, gambling taxes are only applied to operators, not players in the South American country. In theory, you shouldn’t pay any tax on whatever you win. However, there are laws which claim that you should pay tax on any income generated from cryptocurrencies.

The Colombian tax authorities (and the SFC) consider cryptocurrencies to be material or intangible assets. They take the stance that any revenue should be taxed as income. The Superintendence of Commerce takes an opposing view, saying that cryptocurrencies are valueless and, therefore, not taxable.

While there are two opposing views which create confusion, at present, Colombia’s tax model (which is nearly identical to the one in Spain) dictates that you should pay income tax on revenue generated from crypto assets. This, coupled with laws preventing Colombian banks and businesses from getting involved in cryptos, mean that many Colombians simply keep cryptos in a wallet, thus ensuring that they don’t have to pay tax on income as none has been generated, at least, officially.

Is Crypto Gambling Used in South America?

South America is no stranger to cryptocurrencies and especially when it comes to gambling with them, as they have overthrown traditional currencies in the locals’ affinity. We can clearly see that with Brazilian crypto gambling sites, which are now mainstream over the country, taking full advantage of the widespread Bitcoin adoption.

Moreover, Venezuela crypto gambling sites have proven that even when a national crypto like Pedro is present, they are way more efficient and economical in regards to taxing prizes from casinos. With such a landscape over the area, adding Bitcoin to your bankroll only makes sense.

Our Final Verdict on Bitcoin Gambling in Colombia
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Our Final Verdict on Bitcoin Gambling in Colombia

To put it bluntly, the ideal way for Colombians to reach top-tier international casinos & sportsbooks is through crypto gambling sites. Locals can find an array of legal options, and the products these sites offer is just as flexible, generous, and impressive as you’d expect in any quality website. Again, you can find many of these trusted cryptocurrency casinos and sports betting sites right here on this page. They all accept players from Colombia, and offer generous welcome Bonuses.

FAQs

You can certainly purchase, trade, and use cryptocurrencies, but we wouldn’t say that Colombia is crypto-friendly as such because businesses, banks and financial institutions are prohibited from engaging with cryptos. You, as an individual, are legally allowed to, though.

Absolutely. Gambling has been legal in Colombia since 1991, and online gambling has been permitted since 2016, but only at venues and sites which are licensed by Coljuegos and administered by CNJSA.

Crypto gambling sites aren’t nationally licensed or regulated, but they aren’t illegal. Despite ISPs blocking access to over 3,000 non-Colombian betting sites, they operate in a legal grey zone which you are perfectly entitled to take advantage of.

You can use any payment provider that an exchange accepts, as long as it isn’t a Colombian financial institution or bank.

Absolutely. In fact, we’d argue that the promos and bonuses at crypto betting sites are more valuable and, in some cases, feature more flexible terms and conditions than Coljuegos licensed Colombian sites.

Cryptogambling.tv is the first site to fully empower crypto iGaming brands. Decentralized digital currencies are the answer to the restrictions that gamblers face worldwide. Your funds, your rules. At the same time, we accept no compromises, and promote only legitimate websites. Trust our expertise, become an avid crypto gambler and maximize your bankroll’s value.
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