Most Popular Bookies in Argentina

Argentina’s laws do not regulate betting nationally. Similar to U.S. state governance, the provinces license operators. Since the capital has legalized sports betting, provinces that have not yet done may follow in issuing licensing approval to local operators. Regulated betting ensures a safe, seamless gambling process for domestic gamblers.

Sports betting in Argentina dates to 140 years ago at the opening of the country’s Hipodromo, a horse racing track. Approximately a generation later, licensed and regulated casino and sports gambling operations cater to consumers throughout the region. However, the origins of sports betting go back even further.

About 2000 years ago, the Greeks launched the Olympics. Due to the country’s love of sports competitions, officials organized competitions with countries around the world. These competitions are noted as the first, which sports betting enterprises kept betting records noting the outcome of sports matches.

Romans took the cue from the Greeks and became the first country to offer legalized sports gambling. Subsequently, sports betting spread across the globe. Even though churches protested sports betting and took steps to prevent it legally, the pastime continues to endure.
Any efforts to stop sports betting has only served to create an underground market. Even fairs and carnivals offered opportunities for visitors to wager on the shin-kicking sport. In these matches, competitors kick one another’s shins, until one person quits from the pain.

Horse racing is the enduring sports betting phenomenon, which continues in countries across the globe. In fact, the elite participated in betting on horse race outcomes and the practice spread across Europe and North America.

Argentina continues to explore the best options for regulating gambling online for sports books and other forms of gambling. In 2018, Buenos Aires, signed a document opening the way for legalized online gambling in the region. Prior to this decree, the governor had already approved casino games, horse betting, slots, and lotteries to help create jobs and provide entertainment to residents. Non-sports event betting is also including within the decree, 181/19. The region’s unique gambling demand fueled the need to address specific regulations for maintaining a safe framework to oversee the region’s online betting. The Lottery and Casino Board is now also supporting online gambling for countrymen.

Council-appointed judges review applications and requirements, visiting each proposed establishment to ensure it holds the proper criteria to safely operate, including data security, financial framework, and experience. Applications get reviewed by an appointed council that judges the organizations’ criteria. Those licensed are prohibited from marketing to youths less than 18 years of age. Other requirements include a restrictive marketing clause, which ensures responsible gambling and a safe wagering environment for those participating.

The country hopes to attract foreign investors and well-respected sportsbook platforms, encouraging international companies to seek licensure. However, outside licensed businesses must have a physical presence in Buenos Aires for license approval. Upon approval, licenses remain valid for 15 years. Online gambling is regulated in the same way that on land gambling is in Argentina. However, regulations do not exclude countrymen from betting on international sites. In fact, it is easy to choose a licensed international site by simply perusing reviews on the internet. As land-based betting does not fall under a separate category, administrative bodies in individual provinces are responsible for laws, compliance, and enforcement.

Argentina Betting Revenue

Provinces collect 10 percent of licensing fees from sportsbooks. The government accepts 25 percent in the form of income tax (15%), licensing fee (2%), and activity fee (8 %). Like other countries, revenue from gambling is earmarked for public works and education.

Gambling on games in Argentina resembles wagering across the globe. There are extensive betting options available to players. From cards and slots to sportsbook wagers, the country is growing its gaming hub to attract international visitors on land and online. As one of the most popular competitions in the world, Super Bowl odds are available from sportsbooks all over the world who offer betting opportunities to Argentinean domestic gamblers.

These legal betting websites are easily accessible via the internet on a computer or mobile phone. International sportsbooks, such as Unibet, offer competitive odds. For Super Bowl betting action, legal sportsbooks online offer easy access and competitive odds.

Sports Betting Markets

For Argentineans, soccer is the sport of choice. The tremendous fanbase ensures that the government makes a substantial profit off bets by the Argentinean people. In fact, soccer season is an extremely busy time for licensed bookmakers in Argentina. Basketball also enjoys a strong fan base. With the country’s basketball team being in Buenos Aires, fans may easily bet online to experience the excitement of choosing the game’s winner, if correct. Bettors also wager on swimming, boxing, tennis, and auto racing.

Soccer

Approximately 326 soccer clubs participate in Argentina’s Football Association. Also known as (AFA), the league is a pyramid of seven leagues. Each level is affiliated to the AFA, but some clubs are directly affiliated, and others are indirectly affiliated. Regardless, from the highest to the lowest tier, football in Argentina has captured the hearts and minds of the nation. The fascination with the sport fuels betting on everything from major competitions to scoring from popular players.

Horse racing

Horses thunder down the track in competition to crown the fastest thoroughbreds in Argentina. For nearly a century and a half, domestic gamblers meet at the track to wager on the most popular horses and jockeys to win. Race-day excitement offers the elite and everyday gentlemen the opportunity to escape into the excitement of these intense competitions.

Are gamblers in Argentina arrested?

No. Argentina has lenient gambling laws. Provinces regulate gambling at land-based casinos. Individual cities have just recently begun to regulate online gambling. Even though activists are pushing for universal regulations throughout the country, laws are different from province to province. Enforcement largely involves ensuring that gambling establishments adhere to licensing requirements and follow regulations from province to province.

Can Argentineans bet online?

Yes. Argentina is growing in its ability to attract and license foreign sportsbook operations. However, businesses that have a land-based presence or the ability to develop and land-based presence are welcome to apply for online licensure in Buenos Aires or other provinces in the country. Other options for domestic bettors include choosing online sportsbooks, which are available internationally. The easiest way for Argentineans to gamble is to access licensed sportsbooks located inside or outside the country via the internet. Register for an account. Deposit funds and place a wager on a sporting match.

Which games are available to bet on in Argentina?

Online sportsbooks offer access to a wide variety of sporting matches. From basketball to horse racing, options for wagering are plentiful. Bookmakers provide expansive listing to help gamblers enjoy local and international tournaments and matches while experiencing the added excitement of a high-stakes wager.

How does Argentina handle illegal gambling?

Regulatory agencies in individual provinces require operators to apply for licensure, meet the criteria for acceptance, and adhere to regulations. Failure to comply with a province’s laws may result in closure, fines, or other repercussions.

How will Argentina’s new gambling laws benefit its citizens?

Revenue from gambling operations is beneficial to the provinces and citizens. Generally, government entities earmark revenue from gambling operations for education and public works projects. Lawmakers hope that as each province allows additional online gambling, its revenue will increase. Online regulations regulating sportsbooks and casinos also serve to protect citizens from bad actors. Ensuring that licensed operations focus on protecting youths and those at-risk of addiction is also crucial to ensuring the country’s stability even as the number gambling citizens continues to grow.

How to help gambling addicts in Argentina?

Responsible gambling is a cornerstone of provincial gambling laws in Argentina. Licensed providers must offer support and guidance to those at risk of addiction. Self-exclusion and self-monitoring are options for bettors who choose to ask a gambling establishment to restrict access to betting for a specified period. Recognizing at-risk behavior is one way to ensure a gambler’s safety. For instance, the inability to stop gambling, reckless gambling behaviors, and overspending are sure signs that a person is at risk.

Groups and agencies work with individuals who need help. Contact Gamblers Anonymous International or the local regulatory agency for a referral, if you or someone that you know needs help with gambling addiction. Casinos and sportsbooks provide free information and referrals for bettors experiencing addiction.