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Online Casinos in Colombia 2023

Colombia is one of the few Latin American nations where the activity of online casinos has been properly regulated. The country has its own regulatory body that oversees both the operations of land-based casinos and online operators. Almost all sites that offer their services in the territory carry the operating license issued by Coljuegos.

Therefore, players from Colombia can enjoy safe and fun gambling experiences while hopefully also making some money. For this reason, we have prepared this practical and precise guide that shows everything about gambling in Colombia: how to register at an online casino, claim bonuses, the availability of games, and the best online casinos in Colombia, among others.

Read on and find out everything about the best casino sites in Colombia for 2023!

🏆 10 Best Casino Sites in Colombia (Top Rated Sites in Jun 2023)

1
100% Match Bonus of up to £100 now!
3.8 (130 ratings)
  • Fantastic Live Casino Game Offer
  • User-friendly Interface
  • 1100+ slots games
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2
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4.5 (129 ratings)
  • Incredible Casino Selection With More Than 4000 Games
  • 24/7 Live Chat
  • Vast Selection of Payment Methods
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3
Up to 260% Match Bonus!
4.7 (132 ratings)
  • Accepts US Players
  • Live Chat
  • Several Free Spins
Read El Royale Casino Review
4
100% Match Bonus to all three first deposits!
4.8 (94 ratings)
  • 24/7 Live Support
  • Wide variety of casino games
  • Tournaments and Loyalty Program
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5
A 100% Four Deposit Match Bonus of up to $1,600
4.6 (147 ratings)
  • Over two decades in the gambling industry
  • A wide range of payment methods available
  • Fantastic mobile casino
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6
Up to 230% Match Bonus!
4.7 (123 ratings)
  • Live Chat
  • Great Site Theme
  • No Deposit Bonus
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7
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4.7 (153 ratings)
  • Generous Welcome Bonus Available
  • Accepts US Players
  • Accepts Bitcoin
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8
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4.7 (97 ratings)
  • Great Navigation
  • 15+ Years
  • Free Spins Bonus
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9
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4.7 (110 ratings)
  • Easy Signup
  • Accepts US Players
  • Bitcoin Welcome Bonus
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10
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4.7 (130 ratings)
  • Great Navigation
  • Welcome Bonus
  • 24/7 Email Support
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⚖️ Colombian Gambling Laws & Regulations

Colombian Gambling Laws & Regulations

Currently, countries such as Argentina, Chile, and Peru are making efforts to imitate the Colombian management model in the face of the boom in online betting and casinos, which generates up to approximately $500,000 million year after year.

And it is that when in April 2012, Coljuegos began operations to regulate the exploitation, operation, and issuance of regulations for games of luck and chance in Colombia, few believed that it would have the impact it has today.

The basic objective was to generate more resources for the health of Colombians, promote legal and responsible gambling, and strengthen the management of games and bets in the country. Since then, more than 300 illegal online games have been closed and a list of safe online casinos has been compiled.

Its statutes were defined in Decree 4142 of 2011 and granted to growing market values ​​of honesty, commitment, diligence, transparency, and solidarity. In this way, today Colombia is the first country in all of Latin America to have a regulation for both physical casinos, online casinos, bingos, sports betting, virtual races, lotteries, national raffles and promotional raffles, among others.

Several Latin American countries have been subject to foreign regulations, such as licenses from Curaçao or Malta. In this way, all income from gambling in these places goes abroad, while in Colombia, Coljuegos allocates it to the country’s coffers for the enjoyment of Colombians.

There are different reasons for imposing national regulations on gaming companies. They are listed below:

1️⃣ The Insurance That a Casino Pays the Winnings

In some Latin American countries, Colombia included, there are unlicensed (usually foreign) bookmakers and casinos that accept money from customers but then refuse to return the winnings to users or pay prizes when they are too big.

Therefore, each online betting and casino site in Colombia must adhere to a legal framework where they commit to treating their clients fairly and responsibly. Likewise, these gaming entities must commit to responsible gaming and restrict their activity to Colombian customers who play exclusively for pleasure, to avoid generating gambling addictions in them.

For this reason, Colombian Coljuegos only grants licenses to certain companies once it has been guaranteed that they will comply with the regulations and commit to fair treatment with their clients in Colombia. If you want to choose one or the other of these operators in Colombia, just go through the Coljuegos page that shows safe casinos to evaluate the advantages and disadvantages of each betting page.

2️⃣ The Growth of Covid-19 Demanded Immediate Action

Since the COVID-19 pandemic, and by the recommendations and protocols of the World Health Organization (WHO), hygiene and safety measures have been reinforced in casinos worldwide. On the other hand, a technological revolution is taking place In Colombia, which affects both cell phones and tablets, as well as the quality of internet service in Colombian homes.

Likewise, the use of internet casinos in Colombia has grown enormously, since today it is safer to play online blackjack, an online poker tournament, or online slot machines, rather than go to crowded casinos in person. As the online gambling market is constantly expanding, good regulations are needed to keep the players safe, and Colombia did just that.

3️⃣ An Expanding Source of Income

It is obvious that, given the growing demand for this product throughout Latin America, no nation wants to be left behind and allow a business that moves almost 500 billion dollars in Colombia, and a capital of billions of dollars worldwide, to go to hands of illegal betting and slots companies.

In conclusion, it is a source of pride that the Colombian administration was a pioneer for all of Latin America, and reinforces its leading role on the continent through this leading industry.

Is Online Casino Legal in Colombia?

Online gambling is legal and well-regulated in Colombia. Players can access various casino sites and enjoy many perks that online gambling has to offer without any worries.

🏆 How to Choose the Best Casino Site in Colombia

How to Choose the Best Casino Site in Colombia

On the Internet there are more options to play and win. You can also do it from a smartphone, tablet, or your computer. So to begin with, the essential thing is to choose a safe page to entertain yourself and play with peace of mind.

Continue reading and discover 6 things you should keep in mind when choosing an online casino site in Colombia.

✅ Reliability of Colombian Casinos

Many nationally and internationally recognized casinos are available in Colombia. Currently, twenty regulated websites operate casino games. Any casino site in Colombia with a gambling license is safe.

✅ Usability and Design

A key aspect when choosing an online casino is that the site provides you with information in a clear and intuitive way, as this will facilitate your user experience on the site. The main thing is that you can see the games in which you want to participate in a simple way and with a few clicks. The better-navigating casinos often have this information organized through menus, icons, and buttons.

Make sure that when you enter the site you can easily locate the Casino, Live Casino, and Promotions sections.

✅ Bonuses and Promotions at Colombian Casino Sites

Casinos constantly offer bonuses and promotions. Those that do it regularly are more attractive, especially those that provide free spins. Knowing their offers will allow you to have an extra balance for your next games and make the most of everything they offer you.

Welcome bonuses are an attractive way to start playing on these platforms in games such as online slots, roulette, blackjack or video bingo. In addition, they serve so that you know how it works and become familiar with its systems without the need to risk so much money.

In addition to the welcome bonuses, the pages have a complete section with various promotions. Refer-a-friend bonuses, game tournaments, jackpots, and free spins are the most common.

✅ Payment and Withdrawal Methods at Colombian Casino Sites

When choosing an online casino, an important point is its banking methods, both for deposits and withdrawals. The best online casinos in Colombia are characterized by offering all kinds of payment methods: prepaid cards, virtual wallets, card payments or bank transactions.

Choose an online casino that has safe, known, and reliable methods in the market such as PayPal, Baloto, Efecty, Place to Pay, Super Giros, Su Red, Visa, and Mastercard credit or debit cards, Paysafecard, among others.

✅ Offer of Games

Online casinos are a way to enjoy games in a calm and safe environment, therefore having a good selection of casino games is quite important. The most popular game is slots, blackjack and roulette are also part of the games that you can find in most Colombian casinos. In general, these casino pages also have a wide portfolio of sports betting, virtual sports and eSports. Choose your favorite option and enjoy!

✅ Customer Service at Casino Sites in Colombia

Likewise, another important point when analyzing online casinos is the Help section, a space where you can resolve concerns and doubts that you have when using their services. The casino must have a customer service channel that answers your questions instantly. Live chat sites excel at helping you quickly and efficiently.

💵 How to Gamble Online in Colombia

How to Gamble Online in Colombia

1️⃣ Step 1 – Identify Safe Online Casinos in Colombia

The first step is to verify that the casino has a license from Coljuegos, the gambling and betting regulatory authority in Colombia that offers a legal framework to this sector. You will usually find their logo at the bottom of the operator’s website. On its official page, you can take a look at the directory of licenses that this entity has issued.

Another way to identify them is that the domains of these sites are all .co. Do not trust all those generic .com pages. This does not mean that they are not safe, but rather that they do not have a Coljuego license and therefore it is illegal to bet in these casinos. 

If you can’t find this essential information on a casino or a license. These are two very simple steps to identify at the moment if we are facing a safe and legal site. It also does not hurt to verify the legality of these licenses. Here we show you how to do it:

  • Click on the Coljuegos logo.
  • Clicking on the page should take you to the official Coljuegos site.
  • Check the license number.
  • Coljuego has on its website a complete list of casinos that are legal in Colombia.

In addition, unlike other markets where there are more than a hundred operators, there are still not many casinos authorized by Coljuegos in Colombia. Even with the number of operators increasing, these two simple tricks won’t take you more than five minutes to check their legality.

2️⃣ Step 2 – Registration and Verification of Identity for Colombian Players

There are several reasons why verifying your account after creating it is necessary. It is common in online casinos in other countries in Latin America, Europe, and the United States. Why do you have to go through this process?

  • Player protection.
  • Minors are prohibited from playing online games of chance.
  • Data Protection.

With this procedure, the casino ensures that the withdrawn funds end up in the hands of the owner of the user account.

It is a simple procedure that will take you a couple of minutes. Unless the casino stipulates it, you will need to send a copy of your identity card. It is the way to confirm your full name and your age. Some operators also require that you send a photo of yourself holding the ID to confirm that it is indeed yours.

Do not be surprised if the online casino in Colombia also asks you to send them other additional documents unrelated to gambling. Examples include invoices or bank statements. Ideally, you should get this matter settled as soon as possible to avoid problems when withdrawing funds. Remember that you will not be able to withdraw from your account until you have verified your identity. As we said, it is a very fast process that will only take a few minutes.

3️⃣ Step 3 – Deposit Money

To transfer funds to your casino account you must go to the cashier or bank that appears on the operator’s platform. Most online casinos have some kind of instructions that tell you how to make deposits, what payment methods they support, what to do in particular circumstances, and more. Similarly, you should know some crucial points before processing your first deposit:

  • The holder of the bank account must be the one who processes the operation.
  • If you choose a payment method that can only be used to mediate deposits, remember that you will need to add an additional way to process withdrawals.
  • It is advisable to opt for electronic wallets, since they process operations quickly, greatly reducing waiting time.
  • All operators stipulate a minimum limit and a maximum limit when it comes to processing deposits.

4️⃣ Step 4 – Play Casino Games in Colombia

When you have found your favorite casino site in Colombia, created an account, verified that it’s yours, and deposited money, ultimately, you can play casino games for real money. With some casino sites in Colombia, it is possible to play casino games for free, as a demo mode, which is always recommended to learn about the game before depositing money.

The Most Popular Online Casino Games in Colombia

And we come to the most important section for many Colombian players. Many look in a virtual casino for a catalog with the most popular games and the latest developments in the industry. Here are the most popular casino games that you can bet on in Colombia.

  • Slots are the most popular game with the largest number of options to choose from.
  • Progressive jackpots add a touch of excitement to slots. A stroke of luck can make you a millionaire!
  • Classic casino table games like blackjack and roulette also have their live version.
  • Live Dealer games – dare to bet on classic games with live dealers as if you were in a real casino.

Providers never cease to amaze us with highly innovative games for those looking for something different. In Colombia, players are lucky to enjoy the most outstanding providers in the iGaming industry. Almost all the virtual casinos have the most fun games from NetEnt, Microgaming, Habanero, MGA, or Evolution. Playtech also has a presence in Colombia, although it is more limited.

✅ Slots: The Most Sought After in Colombia

Online slot machines in Colombia, also known as pay coins or slots, are the best-known casino game in the world. In Colombia, it is also the most numerous modality. The best casinos offer hundreds of titles of different types: usually three or five reels, with bonus rounds, free spins, progressive jackpots, or the option to bet the winnings.

Its return to player value ranges from 91 to 98 percent. This depends on the provider or the characteristics of the slot in question. For example, jackpot slots usually tend to have a lower RTP than the others.

Even though they have lower values ​​than other casino games such as online blackjack or roulette, progressive slots are still the most popular, probably because of all the bonuses that modern video slots include and because of their simple operation. The latest generation of slots are loaded with well-crafted graphics, very entertaining themes, and very fun and attractive features, and are also fully optimized for mobile devices.

✅ Slots with Jackpots: Excitement Guaranteed

They are the most interesting type of online casino slots because the prizes are usually higher. The most coveted are those of Playtech for their large progressive jackpots. In Colombia, not all websites offer these games.

The operation is identical to that of regular slots. The only difference is that a part of your bet is added to a jackpot that will grow until one lucky player wins all the accumulated silver. You can also play in test mode in these video slots, but the jackpot function will be disabled. For that, you have to play in online casinos with real money.

If you want to bet on these types of games with an active bonus, pay attention to the conditions because some promotions exclude jackpot slots. Also, keep in mind that sometimes these types of slots have a lower RTP than the others. This is because its volatility is greater than the rest.

✅ Table Games for Online Casinos in Colombia

In addition to a wide variety of slots, the online casinos in Colombia also offer other table games. These vary from the most classic such as online roulette or blackjack to the most innovative such as bingo or online poker. They are less numerous than slots, but this occurs in the vast majority of markets, not only in Colombia.

Many of these games are also available in live mode. They are just as fun, but with the advantage that you can play live against the casino together with other users. These are some of the most popular table games in Colombian online casinos.

The great attraction of these types of games is that they offer a much higher return to the player than online progressive slots. Normally these values ​​vary from 97 to 99.90%. The disadvantage is that there are some casinos that do not have as many variants and possibilities as we would like.

✅ Live Dealer Mode

One of Coljuegos’ strategies to combat the advance of illegal gambling has been the regulation of live games in Colombia. Unlike other Spanish-speaking markets such as Spanish where the only live game available is roulette, in the Colombian market, players can enjoy a wide variety of poker tables, roulette, blackjack, and much more.

✅ Alternatives Continue to Grow at Colombian Casino Sites

Online gaming and betting is one of the most lucrative industries within the e-commerce sector. Casinos and game providers are forced to be as creative as possible to attract new users and pamper existing ones. In addition to bonuses, another strategy is to develop games that are out of the ordinary, beyond slots and card games.

Little by little, Coljuegos is regularizing other casino games. In this way, it ensures that the catalog of authorized online casinos is more attractive compared to illegal ones, which usually have different games because they do not abide by the national laws of the country. Some of these other legal games are:

  • Bingo
  • Baccarat
  • Wheel of Fortune
  • SicBo
  • Dragon-tiger
  • Monopoly live
  • Deal or no deal

🎰 Online Gambling Odds, Margins & Lines in Colombia

Online Gambling Odds, Margins & Lines in Colombia

When you start in the world of betting and casino games of chance in Colombia, there are many terms that must be understood in order to improve money-making.

First of all, the house edge is the mathematical advantage that the casino has over the player in any game of chance. Along with the rake in poker, baccarat, and other games, the house edge is the reason that allows casinos to rack up profits. Just as the house edge is all about odds, any particular hand of cards, a roll of the dice, or spin of the roulette wheel is unpredictable.

In other words, this is a percentage (%) that indicates how much the bettor expects to win when they bet a theoretical sum based on one hundred. In the case of bookmakers in Colombia, this sum would be based on investments of one thousand Colombian pesos (COP). To explain more simply how the house margin is calculated, the operation can be exemplified as follows: If a player bets one thousand pesos and expects to recover $900 COP, he must consider that he will lose $100 COP, so the margin of the house is calculated at 10%.

In short, the house edge is related to the percentage that is paid out. The manufacturers of online casino gambling machines also refer to this percentage that is paid out as “return to player” or “RTP”.

The RTP is expressed as the amount that the casino returns to the player, i.e. the part of a bet that the player can expect to get back after wagering it at the Colombian casino. This applies to many games, the main ones being roulette and slot machines, taking into consideration that the higher the RTP, the more profits there will be.

✅ Ranking of the Highest Odds of Winning Games at Colombian Casino Sites

Below, the games in Colombia are sorted by RTP, starting with the highest. These are therefore the games that, assuming a very high number of games, return the highest percentage of the money spent to the player.

  • Single Deck Blackjack Pro: 99.83%
  • Classic Blackjack: 99.56%
  • Jacks or Better Video Poker: 99.56%
  • Baccarat: 98.94%
  • Point and Banking: 98.92%
  • European Roulette: 97.3%
  • Texas Hold’em Poker (cash play): 96.32%
  • American Roulette: 94.74%
  • Slot machines: 90% (minimum by law)
  • Texas Hold’em Poker (tournament): 84.78%
  • Buraco: 84.31%
  • Craps: 83.3%
  • Bingo: 70%

🎁 Best Bonuses, Free Spins and Promotions in Colombian Online Casino Sites

1
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  • Fantastic Live Casino Game Offer
  • User-friendly Interface
  • 1100+ slots games
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2
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  • Incredible Casino Selection With More Than 4000 Games
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3
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  • Accepts US Players
  • Live Chat
  • Several Free Spins
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Best Bonuses, Free Spins and Promotions in Colombian Online Casino Sites

Many Colombian users are guided by bonus offers when choosing an online casino of their choice. And it is not a bad strategy. If you are one of those who ask for promotions to play in online casinos with an extra silver to your favorite games – take advantage of your loyalty and all the hours you have spent betting in your casino. There are bonuses and promotions for all tastes in Colombia.

The dilemma here is to choose the offers that suit your needs and, also, your pocket. It is recommended to think about your gambling patterns (do you play mostly slots or live games?) and then choose the best casino bonuses in Colombia.

The most popular are the welcome offers, but there are other very interesting promotions as well. It is also always recommended to take a few minutes to review the terms of the bonus offers. The betting requirements are always stipulated, that is, the conditions that you have to meet to convert the amount of the promotion into real money.

🎁 Welcome Bonus at Colombian Casinos

A welcome bonus is the main offer granted by online casinos in Colombia. In general, the operators guarantee a bonus margin that doubles or triples the deposit made by the user. But this is not all, since such a promotion can also take the form of a refund. In this way, the casino will pay a certain percentage to the user based on the losses incurred.

Welcome offers can appear as deposit bonuses, free bets, or refunds. The main promotion has more than one presentation. That is why it is necessary to review the offer promoted by the operator in order to verify if what it offers is of our interest. The main variants of the welcome bonus are:

🎁 Cashback Bonus for Colombian Casino Players

This type of welcome bonus ensures the recovery of a part of the losses incurred. Most casinos in Colombia usually include a percentage and limit in order to specify how much is the maximum that the player can receive. For example, 100% reimbursement of up to 5,000 thousand pesos based on the losses generated on Tuesday. This hypothetical case makes it clear that the operator takes into account the losses incurred during a particular day.

🎁 Free Credits

In order to get such a bonus, the operator requires a deposit to be made. As soon as you make the corresponding deposit, you will receive a certain amount of free credits that you can use to play or bet wherever you want. Although some offers of this type tend to include certain restrictions, these do not eradicate their attractiveness.

🎁 Free Spins at Colombian Online Casinos

Free spins are a kind of bonus created to be used on slot machines. The casino is responsible for awarding a package provided with a certain number of free spins. Normally, there are not many restrictions on which games apply for the use of the promotion. However, it is recommended to review the terms of the offer in advance. In this way, you will know if the game you like is on the list of slots selected by the operator.

🎁 No Deposit Bonus

Although free spins are considered no deposit bonuses, the truth is that the original presentation of this category is represented by a certain amount of credits. Although such promotions do not boast a substantial figure, the bonus is ideal for trying out the operator’s games and trying to get some bonus along the way. However, remember that there are also terms and conditions, such as winnings that cannot exceed a predetermined limit, that not all games apply for the release of winnings, and more.

One online casino’s welcome bonus may secure a refund, while others may consist of a deposit bonus. Although it is the same main promotion, a welcome bonus can come in the form of percentage payout, free spins package, no deposit bonus, and more.

🎁 Promotions Granted by Online Casinos in Colombia

In addition to the welcome bonus, players can receive other kinds of special offers. Some casinos grant bonuses for validating data, as well as others reward the user for inviting a friend. The opportunities to get a bonus are not limited at all – it seems you can get a reward for just about anything.

🎁 Bonuses for Referring a Friend

This kind of bonus is usually promoted by a good number of online casinos in Colombia. To get such a bonus, you will need to send a link to any of your friends. The new affiliate must enter from the hyperlink you sent, only then will the operator verify that you fulfilled the task and cross out the first step. It turns out that the affiliate must complete the registration process and make a minimum deposit for you to receive the bonus. This usually has a moderate amount of credits that you can spend wherever you want.

🎁 VIP Club Bonuses at Colombian Casinos

Without a doubt, these are the best online casino bonuses. Any offer from an operator’s VIP Club stands out for both its level of rewards and its flexible terms. A range of generous promotions whose earnings can be withdrawn almost instantly is one of the many benefits available. VIP players always enjoy unbeatable offers provided with generous figures and a non-limiting rollover. Now, you will have to move up in the Loyalty Program to be able to enter the VIP Club.

🎁 Loyalty Bonus

It encompasses each of the bonuses granted by the Loyalty Program or Loyalty Center of an online casino in Colombia. Such a compensation model consists of a hierarchy of levels. The higher the level you are at, the better the bonuses you will receive.

🎁 Bonus Linked to a Payment Method in Colombia

Under the terms of this promotion, the Colombian operator may grant a bonus to the user for making a deposit through a specific payment method. It is known in advance that everyone who makes a transfer through any of the aforementioned channels will instantly receive a good bonus.

🎁 Bonus for Validating Account

The account validation bonus is presented with greater recurrence than the payment method bonus. And, like the other promotions of this class, the player must complete a task in order to get it. It turns out that after completing registration, a good number of users wait a long time before adding a payment method or linking a bank account. For this reason, countless casinos have chosen to give “account validation bonuses”. You just have to link a bank account to receive the bonus credits.

💳 Payment Options at Colombian Casino Sites

Payment Options at Colombian Casino Sites

Currently, countless Colombian players process transactions via the web to play at their favorite online casinos. And it is that, after the regulation of the game, Colombia has become an example to follow for nations where the sector is still adrift. Moreover, the advances in the territory have reached such a point that all operators allow operations to be carried out through the most used payment methods in the country.

Popular Payment Methods – From credit cards to Baloto, countless online casino sites in Colombia have updated their list of payment methods to make things easier for users. In addition, operations can be carried out based on the local currency, considerably improving many aspects of the service.

When a transaction is to be made, the best thing to do is review certain data of interest, such as the existence of a collection rate and the processing time. Going through any of the more commonly used routes is often considered a bold idea, as they allow you to speed things up a bit. And, knowing that Colombian players want to opt for commonly used payment methods, countless casinos have included alternatives such as Pay U, PSE, Baloto, Efecty, among others.

As well as accepting many of the most used routes, operators also accept methods used globally, such as electronic wallets (Neteller, PayPal, Skrill, etc.), credit cards (Visa and MasterCard), prepaid cards (PaySafeCard), among others. others. Each of these alternatives is enabled to make both deposits and withdrawals.

Almost all online casinos operating in Colombia support from local payment methods to ways used internationally. You can make a deposit via credit card or Baloto. And, as if that were not enough, all the operators accept the local currency.

Baloto/Efecty – Both Baloto and Efecty appear as the most used payment methods in Colombian territory. Both methods make it easy to process transfers and withdrawals.

Baloto, for example, is a lottery and payment alternative network that has been operating in the country for years. It is estimated that, of all the transactions carried out in Colombia, about 800,000 are carried out via Baloto. Meanwhile, Efecty is an online payment platform that requires the affiliation of a bank account to be able to manage the transfers.

Pay U/PSE/VIsa/Maestro – Of the rest, other methods such as Pay U, PSE and credit cards (Visa and MasterCard) stand out. The latter is used on rare occasions, although PayU is used more regularly. For this reason, this last option is so highly valued, since its technology allows for all kinds of transactions.

It turns out that the Pay U web portal allows you to choose between suitable payment methods to facilitate the process. It is used by both online casino players and a variety of companies.

✅ Other Popular Types of Payment Methods at Colombian Casino Sites

Payment methods vary considerably, which is why we can group them into different categories. This selection was made according to the way each payment method works, allowing us to summarize them as follows:

Electronic Wallets – This category is made up of channels capable of performing operations instantly. Now, all the options in the category require the affiliation of a bank account. PayPal, Skrill and Neteller are among the most used ways.

Credit Cards in Colombia – Being one of the most used methods both in Colombia and in countless nations throughout the world, credit cards are nothing more than a financial product issued by a bank. This route greatly facilitates the processing of deposits and withdrawals, although the latter are usually accompanied by exhausting waiting periods.

Bank Transfers It turns out that since many online casinos are actually linked to the Colombian market, there are few operators that do not accept transactions from local banks. And apart from that, the safest thing is that many banks are related to Pay U, further facilitating transactions between users.

Prepaid Cards for Colombian Players – Prepaid cards are used very frequently in Colombian territory. The fame of this method has to do with the way it works. Users can purchase this card at authorized locations. Each card comes with a predetermined amount. Subsequently, the user must enter the card platform, create a profile and transfer the money to their online casino account. The most used option in the category is PaySafeCard.

Payment via Mobile Apps – This payment method emerged recently. The attractiveness of its operation has to do with the ease with which operations are carried out. After all, the player will only have to link a bank account. In Colombia, countless players resort to the use of payment apps such as Movii, Nequi, and Bancolombia.

Cryptocurrencies – Virtual currencies or cryptocurrencies have become another effective alternative for making withdrawals and deposits. Since they are not regulated by any financial or government entity, any operation carried out by this means always preserves the anonymity of the users. Besides, the transactions are completed almost immediately, being just as fast as electronic wallets. It usually includes an acceptable collection rate and can be used very easily.

Payment methodMin/Max depositProcessing timeMin/Max withdrawalProcessing timeCommission
Visa10 – 99,000 COPImmediate10 – 99,000 COP12 daysNone
master card10 – 99,000 COPImmediate10 – 99,000 COP2-3 daysNone
maestro10 – 99,000 COPImmediate10 – 99,000 COP23 daysNone
Efecty5000 – 3000000 COPImmediate5000 – 3000000 COP3 – 4 daysNone
Via Baloto20000 – 1000000 COPImmediateNot availableNot availableNone
puntored20000 – 1000000 COPImmediate20000 – 1000000 COP1 dayNone
Dimonex20000 – 3000000 COPImmediateNot availableNot availableNone
PSE30000 – 1000000 COPImmediateNot availableNot availableNone
PayU30000 – 1000000 COPImmediateNot availableNot availableNone
Surtimax30000 – 1000000 COPImmediate30000 – 1000000 COP1 – 3 daysNone

What Is the Best Payment Option for Colombian Players?

In general, Colombian players love national payment methods as they are easy to use and, of course, widespread. But those who wish to access various sites, some foreign ones as well, would benefit much more from e-wallets. They are fast, safe, reliable, and used everywhere.

👍 7 Expert Tips for Gambling in Colombia

7 Expert Tips for Gambling in Colombia

  1. Gambling in Colombia is legal and there are several casino sites that provide great pleasure to Colombian bettors. However, those who wish to look for luck elsewhere should always use a VPN while gambling.
  2. While some foreign casinos may offer a better selection of games, for example, they may not necessarily allow Colombian pesos as currency. And while the exchange takes place, a noticeable amount of money can be lost.
  3. All games are legal and Colombian players can enjoy thousands of names. However, when gambling with real money, only those games that players are familiar with should be taken into consideration.
  4. When wanting to try a new game, many casino sites in Colombia offer demo mode, or free-to-play. This way you will not need any money to play, but you won’t earn anything either. Still, demo mode is fantastic for learning how a game works.
  5. Colombia is known for a good selection of live dealer games. These are the closest to the real brick-and-mortar casino experience as possible. Players can even communicate with other players at the table, including the croupier.
  6. Progressive slots are quite popular in Colombia but such machines rarely give high prizes. Still, such machines have specific timing and conditions when giving out the jackpot. Learn as much as possible about the machine before betting big.
  7. Some online casinos offer fantastic sports betting offers as well. Compare them to other bookmakers in your country and you can even profit from it.
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FAQ

Both online and land-based casino gambling is legal in Colombia.

Colombia has strict regulations, and only safe casinos can receive a gambling permit.

Much like casino gambling, online sports betting is well-regulated and therefore quite safe in Colombia.

Each online casino will provide different conditions when it comes to limits. Every game, every casino, even every banking option has its own conditions. It is recommended to read terms and conditions before depositing money.

The exploitation of games of chance, lotteries and raffles are a monopoly of the State, which allocates the profits to the Colombian health system. For this reason, casino owners have to pay monthly exploitation rights to Coljuegos.

The players, or better said, the winners, must also pay taxes on the winnings obtained. This retention, the income tax for obtaining prizes, is applied to players if the prize exceeds 906,000 Colombian pesos. The amount withheld for the tax will be 20% of the prize.

Depending on the casino and banking method of choice, withdrawal processing time can take from minutes to days. When it comes to banking methods, the fastest are cryptocurrencies, e-wallets and internet banking, followed by credit and debit cards, and finally bank transfers, which take around 5 working days.

The best casino would be the one that best suits the player’s needs. What’s important is that the casino is safe and legal. When it is, best casinos will offer a variety of games, services, bonuses, promotions, banking methods, and good customer support.

There are no banned games in Colombia therefore gamblers can access all the games available in the country – slots, card games, table games, etc.

Undeniably, slots are played by most players in Colombia. Progressive slots are quite popular due to high prizes.

Some casino sites in Colombia will offer free spins as part of promotional and welcome bonuses.

Sign-up bonuses are often received immediately upon registration. Be that as it may, some casinos may ask for special promo codes or first deposits.

Players who experience gambling addiction can always look for a local psychiatrist for help. Also, there is Hospital Universitario de San Vicente Fundación, a private hospital located in Medellín, Colombia, that specializes in gambling addiction treatment.

🔎 Looking for betting sites? Here are the best betting sites in Colombia.