Best Betting Sites in Latvia

The list of online bookmakers in Latvia is rising by the day, but not all new betting sites are worth it. Depending on the operator you register with, you will find a wide variety of betting options, available sports, and different features like live betting.

Keep in mind there are many aspects to look out for when choosing a sportsbook in Latvia. Let’s show you how to spot the best online sportsbooks in the country or you can visit Bestbettingsites.com for even more details and information on this .

Standards for Finding the Top Bookmakers in Latvia

All Latvian betting sites are comprised of many segments, and they can create a perfect betting session. First, it’s important to look for a variety of sports markets. The next thing is good odds. The promotions, deals, and bonuses, in general, go hand in hand with the odds and sports selection, which is why this segment is highly important.

The best betting sites should also have a vast selection of payment methods, a good reputation, additional features like live betting, and other characteristics so they attract a bigger audience.

Check out how to spot the top Latvian sportsbooks and decide which one to visit, so you get the best online betting experience.

Sports Markets

A variety of sports markets is one of the most important aspects of a sportsbook. This way, players can dive into various bets encompassing different sports, leagues, and tournaments. Each of the available markets has something that attracts Latvian bettors. Read through to learn about the most popular markets and the reasons why most Latvian bettors are attracted to them.

Ice Hockey: NHL, Latvian Hockey Higher League

As fans of Dinamo Riga, we have to admit that this is Latvia’s primary and national sport. Each year, a large number of excellent athletes compete in it, and many of them have participated in the prestigious NHL, Winter Olympics, and World Championship. As a result, there are a lot of options for hockey betting websites. An

Football: UEFA European Championship, World Cup

Even though the sport is not the most highly supported, Latvian fans keep on turning in large numbers to see the national teams compete. The national team also participates in international competitions, including the World Cup and UEFA European Championship. This pulls players toward sportsbooks that offer football betting options, and the more leagues it offers, the better and more satisfied registered players are.

Basketball: Latvian Basketball League, EuroBasket, and others

The International Basketball Federation (FIBA) was founded in Latvia. Even in 1935, the national team took home the first FIBA title! Popular leagues like the Latvian Basketball League, the Baltic Basketball League, and many others are available at the best sports betting sites.

Winter Sports: Winter Olympics, Virsligas Winter Cup, and more

As a Nordic nation, Latvia is deeply involved in winter sports. This makes Latvians familiar with such events, which is why many top bookmakers in Latvia offer solid odds on the majority of the extremely diverse leagues and sports.

Tennis: Baltic Open, Estonian-Latvian Tennis Tournament

Since 2006, tennis has become increasingly popular in Latvia thanks to Ernest Gulbis’s winning streak. The Latvian squad competed in the Davis Cup in 1993, and as a result, Latvian players enjoy some of the greatest tennis odds online.

Volleyball: Latvian Volleyball Championships, European Volleyball Championships

Despite its modest size, the nation has excelled in the sport. You may wager on volleyball in leagues like the Men’s FIVB Volleyball World Tour, the LVC, etc., at some of the major betting sites you will find in this article.

Odds/Payout Levels

Odds are a unique component of every online sportsbook and are helpful in establishing the payoff for any successful wagers. They also symbolize the potential for a specific finality to occur. A line is a margin offered to competitive teams to level the playing field. As a result, in order to ensure the highest winning payouts, you must wager at bookies with the best odds.

The higher the bookmaker ranks, the better their betting odds are. Even though there isn’t much of a difference in odd payouts between operators these days, the devil is in the details. See below the top betting sites in Latvia according to payment percentages:

• Betway – 93.75% Payout Rate
• bet365 – 94.25% Payout Rate
• 10bet – 94.83% Payout Rate
• Matchbook – 4% Payout Rate
• Betsafe – 93.14% Payout Rate
• LV BET – 91.78% Payout Rate
• Mr. Green – 93.92% Payout Rate

Note that this is an evaluation of a variety of different games from various sports to arrive at the bookies’ odds shown above. However, it is important to know that the compensation rates fluctuate from sport to sport and may therefore change.

Bonus Offers

There are many reasons why you might favor playing at a specific sportsbook. The majority of the time, it’s to take advantage of tempting betting offers. These could serve as an initial budget or as a way to test the platform. The following list of lucrative welcome bonuses is available for the Latvian market, depending on what you wish to wager:

If you have experience or know what kind of rewards you want to go after, then make sure to browse through some of the best sportsbooks in Latvia. Different bookies specialize in specific rewards when it comes to claiming bonuses and promotions.

However, you should always read the T&Cs before claiming a deal. For instance, some don’t allow you to bet on all sports, while others have pretty high rollovers. This is the main reason you should read the fine print before claiming the bonuses.

Betting Types

The bigger the variety of betting variations, the more players will come to register. When looking for online betting sites that provide the biggest variety of bets, you should check the following bet types:

• Live Betting
• Moneyline Bets
• Over/Under
• Combo Betting
• Parlays
• Handicap
• Specials
• System Betting

There are more types of bets, but these are the most popular and the ones that are suitable for both beginners and experienced bettors.

Security Standards

Security is one of the most important factors in determining a bookmaker’s reputation. And while the majority of bettors wouldn’t investigate a site’s security in-depth before signing up, it should be one of your main priorities. In order to secure customers’ privacy and money, the safest online betting sites must be licensed and use top-notch encryption software. You can look for licenses from the UKGC, MGA, CGA, or other reputable bodies.

You can look for licenses from the UKGC, MGA, CGA, or other reputable bodies.
When you’re inspecting the site’s safety level, you should also look into third-party security firms like RapidSSL and DigiCert, which ensure their security and encryption. Other security, encryption, and data safety agents you should look for are Symantec, GoDaddy, Comodo, and Thawte.

As for the responsible gambling agencies, when choosing a betting site in Latvia, ensure some of the following are present: GamCare, GamStop, eCOGRA, Gambling Therapy, and Gamblers Anonymous.

Sports Betting App

Mobile gaming is wildly popular these days, and even desktop players like to have the option to play on the go. Make sure to check and see if the bookie you want to bet at has launched a dedicated mobile app. The app should respond and load fast, offer all betting types, events, tournaments, and leagues, and work for your smart device’s operating system.

Look for the apps on Play Store or App Store, or check whether there are any apk files on the official sports betting site.

Live Betting

If you’re wondering if you can place bets on live events in Latvia, the answer is yes! Live betting, commonly referred to as ‘in-play betting,’ normally occurs from the beginning of a sporting event until the final whistle. It’s one of the best inventions that, throughout time, contributed significantly to the expansion of the online sports betting sector.

Many well-known bookmakers throughout the world provide a user-friendly live platform, making them quite popular with bettors. The main things to look out for are whether the market options and betting types are comparable to the pre-match betting markets.

Payment Methods

The best sports betting sites in Latvia must offer a variety of payment alternatives to compete in the current betting market. A variety of money transfer options will ensure that users are given an opportunity to choose the one that is most suitable for them, allowing the site to operate at its peak. They consist of but are not limited to, bank transfers, e-wallets, MasterCard, and Visa.

Here’s an overview of the most popular payment methods in Latvian sports betting sites:

However, keep in mind that the limits may vary throughout the best betting sites in Latvia. In fact, as there are many bookmakers in the country, you should expect many more payment options with varying limits.

Platform Functionality

The functioning of a betting website will determine how user-friendly it is. How nice or lousy, for instance, is the color scheme? Is it simple to switch between the many tabs? How many clicks must be made before a bet may be placed? These are some of the inquiries you ought to make to ascertain a website’s usability.

Another important aspect of a sports betting platform is its layout, design, and appearance. For instance, opaque or concealed menus suggest a lack of simplicity and clarity, severely affecting your betting experience. Several additional elements, services, and features are also important to consider while assessing a betting site as it enriches the betting experience overall and the convenience while browsing the site.

Additional Features

Sportsbooks can offer features like live streaming, live score, fast bet, and virtual sports, for instance, in order to maintain a top-notch status. Despite not being particularly vital, secondary features add a lot to the bookie as they outline the platform’s advantages over the competition.

There are a number of bookmakers to choose from, and each can choose a different way to stand out from the competition. As a result, you shouldn’t always anticipate finding all the features on a single betting website. For instance, as horse race betting is not a part of Latvian sporting tradition, you are unlikely to discover it in most Latvian sportsbooks.

Customer Service

If customer support is fast-responding, available 24/7, offers several ways to get in touch with them, and has highly professional agents, then you are looking at a top sportsbook. The best betting sites in Latvia offer several ways to contact the support staff, including email, live chat, social media, and phone.

There should also be a rich and info-packed FAQ section for players who don’t want to interact with the agents. All of these features must be easy to access, and the more convenient they are, the better the rating the sportsbook shall enjoy.

It is very common to find sportsbooks in Latvia that offer telephone, live chat, email, and social media features, while finding one with an available messenger is very rare. The general approximate responding time varies between 5 minutes and 24 hours, depending on the site and support method you choose.

The Gambling and Lotteries Laws and Regulations in Latvia

In Latvia, gambling and sports betting are both permitted and have been governed by the government since 1998. In 1991, the nation’s first casino opened, but the sector was not yet governed by any laws. The Gambling and Lotteries Law is now in force, and its initial amendment was approved in 2006. It suggested various steps for fining gamblers who use foreign bookmakers.

However, a few of the top sportsbooks running in Latvia still manage to provide services from regional venues. Additionally, no clear penalties were taken against foreign sportsbooks that run operations there.

Gambling Commission & License

The Lotteries and Gambling Supervisory Inspection of 1998 was the nation’s initial Act to generate guidelines for gaming. The government agency that oversees and controls its gaming activity is the Control Department. However, the Legal Department is responsible for the licensing procedure.

A number of changes were made to the gambling regulations in Latvia in January 2014. The creation of a blacklist was suggested by the Latvian Lotteries and Gambling Supervisory Inspection. All Latvian internet service providers will forbid any online betting sites from operating there without a license. Moreover, financial institutions are also preventing transactions with sportsbooks that are on the blacklist.

If you want to avoid chasing ghost sportsbooks with shady licenses or no licenses at all, look at our list. You will find the best sportsbooks in Latvia that are regulated with licensed issued by one of the most established and trusted regulatory organs. We’ve also made sure the gambling supervisory inspection of Latvia has taken care of regulating the websites.

Conclusion

What are the best betting sites in Latvia? The answer isn’t straightforward. You need to determine what you’re looking for – Latvian players have a variety of choices.

The good news is that you won’t have to go anywhere to find what you like. Use our guide to determine which site works best for you, and start betting from your mobile or desktop device.

FAQ