Residents of Bosnia and Herzegovina prefer smaller wagers or amounts that will not deprive them financially while passing time with online games of chance. Gamblers in this nation enjoy online sports betting much like virtual gamers from neighboring countries like Croatia and Serbia. The Tax Administration of the Federation of Bosnia and Herzegovina reports that locals gamble on sports for KM 1.3 billion (roughly $724 million).
This makes sports betting undoubtedly among the most popular pastime activities in this country. Promotions at betting sites in Bosnia are not only reserved for newbies; loyal players are also taken care of because neglecting them might cause them to lose interest in gambling.
The gambling industry took a new trajectory after March 1, 1992, when the country attained independence. Back then, the only lottery was permitted up until independence. Betting started gaining traction, culminating in a total of around 2500 betting shops in the country.
It is worth noting that Republika Srpska and the Federation of Bosnia and Herzegovina (FBiH) are the two entities that make up the nation. However, gambling was only regulated in the Republika Srpska but not in FBiH.