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In Puerto Rico sports betting you can find all kinds of competitions on the most popular sports in the country and also internationally. Whether it’s football, boxing, tennis, basketball, hockey, baseball, table tennis, motorsports, cycling, volleyball, water polo and many others, they will be available so you can make your sports predictions at any time.
In addition, Puerto Rico bets can be simple, combined, live and many other options that we will tell you about later. On the other hand, promotions and bonuses can be of great help to both beginners and more experienced players in the world of online betting. Here are the best sports betting sites in Puerto Rico for 2023 and how to use them.
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Quick Jump
Historically, Puerto Rico has always liked gambling and betting. Cockfighting and horse racing are very popular. Both the “galleros” and the “horse riders” as they are called, what they do is go to the horse riding agencies or the cockpits to enjoy betting.
These sites are legalized and it is where players can get to bet for money without problems with the administration. The fact that these bets are regulated does not mean that there are no clandestine ones. As in the United States, football is not as popular and in Puerto Rico, they like to bet on boxing matches and baseball, basketball and volleyball.
If we go to games of chance on the island, we highlight the Traditional Lottery, the Lotto or the Revancha. We can also add the “scratch cards” and the IVU Lotto. All of them are physical games.
In recent years, online gambling has entered a large part of the world and the authorities can no longer look the other way, so it will not be long before Puerto Rico decides to have online gambling regulation.
Puerto Rico is a Free Associated State, which means that the US administration can make decisions in this regard. The whole issue of online gambling is currently being legally debated in the United States. Despite the fact that Puerto Rico is not a US state as such, they have chosen to follow the way of seeing the matter that they have in the US administration. In this sense, online betting on horse and greyhound racing is already allowed.
The UIGEA (Unlawful Internet Gambling Enforcement Act) caused all financial transactions from banks to online bookmakers to be considered illegal. Likewise, the Electronic Communications Act of 1961 prohibited all kinds of electronic transmissions between states that had to do with the world of gambling.
All this is what has ended up making a large part of online games considered illegal in the territory of Puerto Rico. As in the United States, both sports betting and online games of chance are a complex matter in this Commonwealth. In recent times there are talks to see if it is possible to legally regularize gambling and betting.
If we want to bet safely, it is best to do it in places where previous experience can be verified. They are usually large international operators that are licensed in other countries and have licenses from other countries. Until the time comes when gambling is regularized in the country, it is the best option to consider.
Is Online Sports Betting Legal in Puerto Rico?
The legalization of online gambling in Puerto Rico has recently been approved. So betting online in the country is a completely legal activity.
It probably comes as no surprise to you that there are so many bookmakers out there. With all the different companies it can be difficult to choose, especially for newcomers to this industry. And why should you choose them? This text will answer this last question, but will also give an idea of the characteristics to look for when choosing a sports betting site in Puerto Rico. There are no perfect bookmakers, each of them has its pros and cons, so it is good to see each of them in detail so that you can decide for yourself which online sportsbook you want to register with.
Before you start, keep in mind that there is no single best bookmaker, although some bookmakers are better than others. Every sports bettor is different and has different needs; no matter which bookmaker you choose, it will be wrong for someone else. It is the combination of all the factors that makes a bookmaker good or bad. So always remember to check each of the following factors before signing up with a bookmaker in Puerto Rico.
This is especially important for bettors who are more interested in placing bets on football, tennis, etc. If you only bet on sports like football and ice hockey, there are some great options out there. However, if you are a more experienced bettor betting on sports like the NFL and NBA 7 days a week then the choice is much more difficult.
Different bookmakers offer different odds; it is always an advantage to have some choice. For example, players usually only look for high-paying favorites (over 1.50) when they bet on football, so they don’t mind low odds like over 1.30. However, if you are a bit more of a risk taker and willing to bet on longer shots, then it is nice to have the opportunity to find value bets with odds better than 2.10 or 3.20.
This factor is specific to sports such as football, ice hockey, and basketball. At the moment, very few bookmakers offer live betting on other sports like the NFL and tennis, but if you are a punter who bets on these sports all day then you will probably appreciate this feature more than someone who makes live bets occasionally. It is also worth mentioning that some bookmakers are more suited to live betting than others, so you may want to choose a bookmaker with smaller limits if you want to use this feature more often. As always, it depends on your needs, but I would definitely check this out before signing up with a new sportsbook.
You always have to be able to contact your Puerto Rican bookmaker when you need it. If you have a question about your account or a specific bet, it’s always nice to know that someone can help you in a short period of time. You shouldn’t choose a bookmaker solely based on this factor, but it certainly shouldn’t be neglected either.
Some sportsbooks are much better at this than others when it comes to the banking methods offered. It is generally better to choose a sports betting site in Puerto Rico that offers lots of deposit and withdrawal options, just in case. Of course, the most important point is to find your banking method of choice at the sports betting site. Also, look for service fees and find bookmakers that have low fees or none.
Now that you know how to find the best sports betting site in Puerto Rico according to your needs, the time has come to explain how to start placing sports bets online. The procedure is very simple and it is explained step by step:
Sports betting requires stakes and to place sports bets, money is required. Of course, this is easily done online as you can use many different payment methods offered in Puerto Rico. Simply go to the betting site, log in to your profile, and go to the banking section. There, you will be asked to choose the payment method and the amount of money that you wish to deposit. Select both and confirm the choices. Your money will be deposited soon after.
Many bettors start with one of the following sports that are also most popular among all users: football, basketball, tennis and horse racing. In the paragraphs below, we have prepared a brief summary of the main bets and markets that you can use to bet on these four popular sports. When you enter a sports betting house you will see many more options to bet on, but you can start with these recommended ones.
Football is the most popular sport among bettors both online and in betting shops in Puerto Rico. Apart from being the favorite sport of most bookmakers, this sport has numerous markets and types of possible bets to make. Football betting is available on hundreds of bet types and markets throughout the year.
You can bet not only on the result of a match but also on the number of goals, number of corner kicks, cards, penalties, etc. In addition, in football there are national and international markets that provide you with hundreds of bets. The most popular markets are the national league, the Champions League, the Europa League, the continental championships and the football world championships.
The influences in the sport of Puerto Rico's socioeconomic relationship with the United States in some sports have raised the level in some sports with respect to other nearby countries. One of the most obvious cases is in basketball.
The Baloncesto Superior Nacional, which is also known by the acronym BSN, is the main league in the country. Its history is extensive, since it dates back to 1930 and has come to generate world-class players. Players from this league have made the leap to the NBA or European basketball. Although the league sometimes had problems, the quality of NBA players like José Ortiz, José Juan Barea or Carlos Arroyo make it clear that this league is a sensational showcase for leagues like the NBA, Spanish, Italian, Turkish or Greek.
Tennis is the third most popular sport at sportsbooks in Puerto Rico. The possibilities to bet on tennis are numerous: you can bet on the winner of the point, winner of the game, winner of the set, etc. The markets are also quite interesting, of which the main ones are the four Grand Slam championships: the Australian Open, Roland Garros in Paris, Wimbledon in London and the US Open.
It is a sport with numerous tournaments that you can bet on throughout the year. The ATP men's professional circuit includes nine Masters 1000 tournaments, 13 ATP 500 tournaments, 39 ATP 250 tournaments and their Finals. The women's WTA circuit includes 21 WTA Premier tournaments, 32 WTA Internationals and their Finals. In addition, it is also possible to bet on the matches of the Challenger circuit, the Davis Cup, the Hopman Cup and the Federation Cup.
Betting on horse racing is very popular in Puerto Rico and for that reason bookmakers provide a wide variety of options for betting on horses. You can bet on horses not only in the country but also in the most popular competitions that are in the United Kingdom, the United States and Dubai.
The markets to bet on horse racing are the winner, placed, exact, three-way, four-way, double, swinger, each way and comparisons. Apart from these bets, there are quite a few variants and options, but as in any other type of bet, we recommend obtaining very good information about the state of the horses and jockeys before the competition in which the bet is placed.
The sports betting market is huge, and its popularity is increasing every day. If you are new to betting, understanding the following online bets will help you take your first steps more professionally and improve your profits.
As the name suggests, single bets are made up of a single selection or event. Being simple, calculating the total of your possible winnings per bet is also simple. You just have to multiply the money you bet by the indicated odds. For example, if you want to bet 10 dollars on a match with odds of 1.80 and you win, you would be winning 18 dollars in total, of which your net profit is 8 dollars.
The formula would be = 10 x 1.80 = 18
In combined bets you can put together several bets on different events and thus multiply your winnings. The detail of the combined bets is the extra risk that it entails since, to win, you must hit all your bets. With just one mistake you will lose. That’s why we advise placing multiple bets on events where you’re pretty sure your favorite is going to win.
Let’s look at an example of a combo bet:
Let’s say you want to bet 10 dollars on a combined bet on two football matches with odds of 1.50 and 2.00. To determine how much you are going to get paid if you win, all you have to do is multiply the amount wagered by the odds. So, if both bets are correct, you will receive 30 dollars with a net profit of 20 dollars. A quite attractive profit for only 10 dollars.
System bets are similar to combo bets, but a bit different as you don’t need to hit all the bets to make a profit. In order to place a system bet you must place at least three bets on different events. Once this is done, your bet will be split equally according to the type of system bet you select.
Let’s look at an example to better understand:
You decide to make a ¾ system bet in which you will have to choose 4 events and you will win just by hitting 3. If you bet 10 dollars with odds of 1.75, 1.80, 2.50 and 1.50, and you only win the first three, then your winnings would be the following form:
Since you missed the fourth event, you would only have to add the winnings of the first three: 4.37 + 4.50 + 6.25 = 15.12. As you can see, system bets are safer than accumulators. In addition, the bookmakers in Puerto Rico are always inspected so that they always pay what is stipulated in the bet.
The Over/Under bets are very popular among experienced bettors in Puerto Rico because they allow you to take better advantage of a situation in case you are not sure of the exact result. Over/Under bets are good for events or matches where you know there will be a lot of scoring or points, such as basketball, volleyball or tennis matches.
These bets are the most common worldwide, and the ones we all know. They are also known as “1×2 bets”. As you can guess from its name, this type of bet is about guessing a final result, which is usually a draw, a win for team 1, and a win for team 2. Team 1 is normally the home team, while team 2 is the away team. However, this is not always the case, so it is a good idea to review the event before betting.
There is also a modality called “Exact Result” or “Correct Score”, where you must hit exactly the final score of the match, specifying the number of goals scored by each team. The striking thing about this type of bet is that, being difficult bets, they have very high profits.
These online bets were created on the basis that in any event there will always be a team that has a better chance of winning, this being the “favorite”. Then, sportsbooks in Puerto Rico decide to give an advantage to the team with the least chance of winning, with the aim of drawing the attention of punters to said teams. Otherwise, almost everyone would bet on the favorite team.
Handicap betting is a bit complex so we will explain it with an example:
Let’s say that in a football World Cup, Germany is the team with the highest odds of winning all competitions. In his first game he will face Peru, a team that, according to experts, has less chance of winning. Seeing this, the bookmaker creates a handicap of 3 goals (0:3). These goals will be added at the end of the game to the advantage of the team with the least chance of winning, which for this example is Peru.
In the end, Germany ends up winning 2-0. However, if you bet on the Peru team, then you would have won your bet, because using the Handicap, the final score would be 2-3 in favor of Peru.
There are many other variants of the handicap bet, but they all work on the same basis, in which some sort of advantage is given to the team least likely to win for a certain event.
The odds reflect the probability or chance of an event occurring. If you bet $10 heads or tails against a friend, we both put our banknotes on the table, and whoever wins doubles his bet. It comes down to everyone betting $10 on odds of 2 (we each have 1 in 2 chance of winning). In other words, the bet multiplied by the odds equals the winnings.
At a sports betting site in Puerto Rico, it works exactly the same way except that they will “organize” the bet and take a margin on the bets. That is to say that in the example of heads or tails, the odds will not be 2 but 1.90. So if you win the bet, you will no longer win $20 but $19 (10 x 1.9 = 19), and the opponent will have lost $10. You will also bet $10 but the bookmaker will have taken $1 on the way. This corresponds to a margin of 5% in this case but according to the disciplines and the bookmakers in Puerto Rico, the margins differ.
You can calculate the probability and the margins on a match by doing the following simple calculation: (1/odds) x 100
You do this for the odds of each of the possible results, the total will be more than 100%, which corresponds to the margin of the bookmaker. The example of heads or tails is simple to understand the mechanism, the two players having the same chance of winning. In sports betting it is not so simple, there is often a favorite and the odds will be lower in his favor and higher for the underdog.
Generally, on low odds, you bet a lot to win little with a higher probability that your bet will be fair. With high odds, you bet little to win a lot but with a lower chance that your bet will win. The odds remain in all cases the reflection of the probability that the result will be realized.
The odds are defined according to the history of the matches, the previous statistics, the level of the players (and the teams) of the form, and the various information relating to the meeting. In the statistics taken into account, the bookmakers will look at the home and away results of each of the teams, the average number of goals they put in and they conceded (this also makes it possible to partly evaluate the scores, probable exact matches, under/over, etc), with a prevalence of the most recent stats that more accurately match the current team form level. The best information you can have about a match is the odds themselves.
A small detail which can be important for beginners, when you bet on an odd at a given time, it remains fixed for you until the announcement of the result, even if it changes in the meantime (some bookmakers allow you to to accept rating changes). The odds can therefore change before the match depending on the information (for example an injured player), it will also logically change during the match (live betting – if a team dominates or scores, it is logical that its odds drop), and also it will change depending on the balance of in-play bets on the encounter.
If all the punters bet on the same result, this will lower the odds relating to this result so that the bookmaker encourages the bettors to bet for the other possible results and thus wins in all cases. The aim of the bookmaker is to balance the scales so that it takes no risk – margin. If this is not always the case for a match, it is in the longer term, it is moreover therein that lies the trap of sports betting since we often have the feeling of winning when in the end, you only get back about 85% of your stakes. It corresponds to the money that bettors exchange among themselves over victories and defeats, minus the margin of the bookmaker that he grabs from everyone’s pots,
If you are used to always betting on the same type of bets (1X2, scorer, more than 2.5 goals, tennis, or other), it is interesting to calculate the player return rate on this specific type of bet. This will allow you to choose the bookmaker that best suits you (the one on which you maximize your chances of losing less, or even winning more).
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Here are the differences between the different types of sports betting bonuses that exist in Puerto Rico. Bookmakers offer three main types of bonuses in sports betting and there is a big difference between them:
Cash bonuses work as deposited funds that are added to the balance along with a player’s cash deposit. Usually only after completing the required rollover, players can withdraw their winnings. It is the most sought after among the different types of sports betting bonuses in Puerto Rico, since, like cash, with each bet you make and win, the bonus money and the profit are deposited into your account.
Technically with this bonus you can generate as many profits as possible while you continue to win, therefore they tend to have a more aggressive rollover than the next type of bonus.
Free Play bonuses differ from cash bonuses in that the bonus amount is not reflected in your cash balance at the time one is credited to you along with your deposit, but rather in a separate balance after winning. With the free play money bet, only the winnings are credited to the cash balance, and the amount is not at risk since by its nature it was $0.
Even so, there may be additional rollovers to these winnings depending on the terms and conditions of the bonus in question and the bookmaker in question.
These bets work in the same way as the free play bonuses described above, with the difference that they are not linked to a % on a deposit, but are a fixed amount given by the bookmaker. This can usually also cover bonuses for concept loyalty programs or loyalty bonus for losses, or any other nature.
Their big difference is that they are bonuses whose rollover, if they exist, is not necessarily linked to a deposit, as in the previous cases, but simply on the bonus in question.
This is one of the least known in general terms, however it is a specific type of free bet. It is a bonus linked to making a bet of certain characteristics in a given match or sporting event, and its rollover, if it exists, is not linked to a deposit or losses or loyalty programs.
For example: “you get a bet of $25 USD, by betting $50 USD or more in the first half of the match A vs. B”.
With so many bonus incentives to choose from (cash, free spins, free bet, match bet), it’s hard for players to keep up, especially with different fine print and regulations associated with each offer. It can be both mentally and financially draining to go blind, accepting the biggest offer out there, without understanding the nuances of bonuses and how to optimize actual value to best position your bankroll for your individual play style.
If you intend to constantly move your funds between bookmakers, agreeing to a giant rollover requirement is probably not the best idea. And if you intend to stay at a sportsbook for, say, every month of the NFL, or the entire Champions League, your only concern would be getting the most out of your investment, then it’s not a bad idea to consider one
There is no big difference from the deposit and withdrawal methods available on other continents and in Puerto Rico. Credit and debit cards and even gift certificates are generally accepted. You can also use different electronic wallets such as PayPal, Skrill, or Neteller, or process payments and withdrawals through bank transfers.
Additionally, some bookmakers that accept users from Latin America allow you to make deposits through electronic checks or even by mail and obviously, many bookmakers allow you to enter with Apple Pay. As for the currencies allowed, it is possible to bet in different currencies, although in many cases Argentine, Chilean and Mexican pesos are accepted, as well as the Peruvian sol or Colombian pesos. Of course, the US dollar, the main currency in Puerto Rico, is accepted everywhere. In some cases, especially when using electronic wallets, it is best to use the US dollar.
First, you need to create an account. Then, it is necessary to choose a means of payment in order to fund your account on the one hand and then withdraw your earnings when the time comes to do so.
There are 5 main ways to transact on bookmakers’ sites:
For bank cards, the principle is known to all. On the other hand, it is important to specify that some sites offer Internet users the possibility of transacting via a site other than their own, a highly secure site dedicated to such transactions. Having an intermediary in this way can indeed be reassuring in the eyes of some.
Electronic wallets are numerous and easy to use. The advantage presented by these is to be able to separate your different budgets. So, if you decide that Neteller, for example, is dedicated to your online sports bets, you credit the sum you have decided to commit to such bets on this portfolio. Thus, you will not be able to spend more than your bankroll without having to renew a provisioning procedure and, similarly, if your losses are too great, the need to credit a new sum to this portfolio will give you time to step back and think about to the situation that can save you from unfortunate mistakes.
PayPal is another widely used option, as it is very reputable. To date, no problem or malfunction has been reported with this payment method. Be careful however, the first time, the transactions cannot be done immediately. It takes several days before you can use your account, because checks are carried out.
Bank transfers and checks are more traditional means of payment and are only as reliable as the bank responsible for them. It is up to everyone to know to what extent they are confident in the services of their banking institution.
Finally, prepaid tickets are the solutions that require the least commitment from players: You buy a ticket in one of the many physical points of sale (at newsagents for example) and you enter the 16-digit code in the section payment from your bookmaker. Simple, fast and discreet, this method is less known but very appreciated by players.
What Is the Best Payment Option for Puerto Rican Players?
Generally, e-wallets are the best option, especially since online gambling laws in Puerto Rico are fluctuating. E-wallets are safe, fast, reliable, and generally bypass personal banking information.
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The legalization of online gambling in Puerto Rico has recently been approved. So betting online in the country is a completely legal activity.
Puerto Ricans can access various betting sites, many of which are famous names in the business. Joining a reputable and licensed house will make the betting activity very safe.
The state is accepting the Responsible Gambling program with which the bettors will set their own limits and thus stop gambling addiction or unnecessary losses from happening.
Like in all the parts of the United States, gambling winnings are taxed and must be reported.
Depending on the banking (payment) method of choice, your winnings will be available either within one day (for e-wallets), two days (credit cards), or several days (bank transfers). Puerto Ricans generally use e-wallets not only because of the speed, but also because they are safe and reliable for online sports betting.
The sports betting market is saturated with great bookmakers and finding the best one is a hard task. As all the sites are different, searching for a bookmaker that will suit your needs is the best option possible.
Puerto Ricans can enjoy betting on all sports. As part of the US, some sports will be popular which are not in the rest of the world, such as American Football and baseball. On the other hand, the geographical location of Puerto Rico will influence the popularity of other sports, such as football, tennis, etc.
Among the bookmakers, football is the most popular sport to bet on in Puerto Rico.
At a sports betting site in Puerto Rico, odds work exactly the same way like a 50-50 coin toss, except that they will “organize” the bet and take a margin on the bets. That is to say that in the example of heads or tails, the odds will not be 2 but 1.90. So if you win the bet, you will no longer win $20 but $19 (10 x 1.9 = 19), and the opponent will have lost $10. You will also bet $10 but the bookmaker will have taken $1 on the way. This corresponds to a margin of 5% in this case but according to the disciplines and the bookmakers in Puerto Rico, the margins differ.
Many bookmakers will have free bets to offer as parts of their bonuses and promotions.
By joining a sports betting site in Puerto Rico, players will be eligible to claim the welcome bonus, if present at the site. Some bonuses require deposits while others do not.
There are many centers that help with gambling addiction in Puerto Rico and finding help is quite easy. Of course, such circumstances should be avoided and prevented before any help is needed at all.
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