Get 50 freespins without deposit
Even better - one sport in a single national league, such as football in England's Premier League. This increases the likelihood of winning at gambling because it creates a larger and more specific base or rationale for putting money into that event rather than another. Below, we will look at the most popular sports in Latvia and around the world and explain the most popular bets in each.
Is it worth playing sportsbooks online
pros
Convenience and Accessibility
Online sportsbooks in Latvia offer exceptional convenience. They allow users to place bets from anywhere, with only a stable internet connection required. This is an advantage over traditional land-based sites that require physical appearance.
Various Betting Options
There is a diverse range of betting options on these platforms. They provide odds on football, boxing, and more. The various options positively enhance the punter’s betting experience.
Regulated and Secure Betting Environment
The Lotteries and Gambling Supervisory Inspection of Latvia (IAUI) oversees online betting activities. Its structure ensures that licensed operators adhere to strict standards. Operators must also offer fair odds.
cons
Potential for Addiction
Easy access to sportsbooks online promotes gambling. That can make gambling addictive for people who can’t rein in their betting. Addiction eventually evolves into economic and personal crises.
Tax Implications on Winnings
Taxes apply to prizes exceeding €3,000. It might reduce the profit margin from betting activities for the high-roller Latvian players. Why? Taxes consume a large share of potential jackpots.
Limited to Licensed Platforms
Users have to stay on licensed sites with a.lv domain to comply and stay safe. However, this caps bet options and may reduce operators due to hefty licensing charges (€427,000) and Latvian management requirements.
How to choose the right sportsbook site
There are several bookmakers, so the offers vary and suit all tastes. One gambler prefers the website and its functionality, while another enjoys receiving bonuses and seeks higher odds. The most important factors, in our opinion, are bonuses and special offers, odds, security, customer service, and bookmaker reviews.
Bonuses and special offers
Every sports bettor should be aware of their worth in the eyes of bookmakers by registering only on sites with a good entry bonus and loyalty program. Bookmakers in Latvia typically offer customers risk-free bets; occasionally, the bonus can be increased odds, a partial free bet, or a refund if one of the combined bet events does not win.
Several Latvian bookmakers use a loyalty or VIP program to reward loyal customers. The concept behind this system is straightforward: the more money a customer circulates, the higher the loyalty program. The more and larger the bonuses, the higher the level of loyalty. Retaining existing customers is far more profitable than attracting new ones for any sports betting company.
| Casino | Bonus | Rating |
|---|---|---|
| gizbo |
150% up to 600€ + 600 FREESPINS |
|
| vulkanbet |
100% up to 1000€ + 400 FREESPINS |
|
| vulkanvegas |
100% up to 1500€ + 150 FREESPINS |
|
| synottip |
100% up to 100€ + 100 FREESPINS |
|
| olybet |
100% up to 250€ + 250 FREESPINS |
|
| optibet |
100% up to 100€ + 100 FREESPINS |
|
| klondaika |
+ 400 FREESPINS |
|
Odds
Bookmakers differ greatly. Their offers and odds vary as well, resulting in healthy competition and more options for gamblers. A good sportsbook allows bets on all of the most popular sports (football, hockey, basketball) as well as at least 20-30+ others, ensuring that each client's interests are represented. The same is true for all sports leagues - the best online sports betting sites provide sports betting not only on the top leagues but also on upcoming leagues.
The coefficients are the second factor. Of course, every gambler desires the highest payout for their bet, but this is not always possible. To increase long-term profits as a bettor, it is necessary to play at a bookmaker that constantly offers better odds. It should be noted that all of the most well-known Latvian and foreign sportsbooks will offer comparable and competitive coefficients, but larger differences will be visible on specific events. As a result, some players register with multiple bookmakers and compare odds before placing bets, ultimately betting on the best offer.
Safety
Bookmakers licensed in Latvia and the Lotteries and Gambling Supervision Inspection of Latvia work together to ensure the safety of sports bookmakers. Those who have received a Gambling Supervision License are completely safe bookmakers. There are seven licensed bookmakers in Latvia, namely, Optibet, Betsafe, Olybet, Pafbet, Synottip, and 11.lv. However, this does not imply that bookmakers not licensed in Latvia are not safe.
On the contrary, many sports bettors prefer to play in foreign casinos, which offer greater anonymity and more significant bonuses. To determine the site's security, look for information about the specific bookmaker and read the reviews on our website - we only publish reviews about secure bookmakers and casinos!
Support Service
The responsiveness and helpfulness of the customer service center will help determine the quality of the casino website. The customer service center at the best Latvian bookmakers can be reached in a variety of ways and during most hours of the day. This is especially important for sports bettors who follow NBA and NHL games, which take place overnight from two to six Latvian time.
In addition, most major sporting events take place during the holidays. That's why the customer support center must be open not just on weekdays from 8 a.m. to 5 p.m., but every day and around the clock - you never know when an important question will arise to which you can't find an answer.
The most popular and convenient way to communicate with the customer support center is through live chat, which helps players communicate with the support agents in a few minutes. The majority of live chat is available in Latvian, Russian, and English.
Several online sports betting sites also offer their customers the option of contacting them for telephone consultations, which have limited working hours. However, if you need to address more serious issues that necessitate the attachment of files, you can use e-mail communication.
Testimonials and Online Reputation
Of course, the best way to learn is from the experiences of others. You don't necessarily have to learn from your mistakes. That is why the speletajiem.com team writes reviews of both Latvian and foreign bookmakers and casinos, allowing you to easily find the best deals on the internet. Always do some research before signing up for a gambling site, reading different reviews, and looking at other people's reviews.
It is also important to evaluate the company's image. In essence, the image is created by a team of professionals who focus on the quality and recognizability of a specific bookmaker. That is why many businesses sponsor sports teams or even entire leagues. For example, Optibet, Synottip, Pafbet, Betsafe, Olybet, and Viens Viens are all well-known in Latvia for their involvement in sports culture and do not focus solely on sports betting and profits.
Mobile betting
One of the most significant advantages of the twenty-first century is how far technology has progressed. Years back, you could only bet on sports events in particular sports or bookmaker's bars, but now you can do so not only from your computer but also from your mobile devices. And what could be more practical than that? Sit back on your plush couch, place a snack and a drink on your lap, open your phone, and indulge in some sports betting or casino magic.
As a result, an increasing number of bookmakers are creating special applications for Android and iOS devices to make gaming even more convenient for customers. Even though the company might not have an app, the website is ideal for gamers who prefer to play on mobile phones or tablets.
Football Betting
One of the most popular bets in football is to predict the winner of the game. The game will be played, and the online gambling enthusiast will decide who will win, lose, or end at a draw.
Remember that almost all gambling establishments offer the option to place live bets, which the user can use if they are confident about the match. Other times, bookmakers' live odds are unreasonably high, so try to take advantage of them.
Above/below the goals scored in the match is a better alternative to a tie bet, and there is a chance to place a bet on the winner who is returned in the event of a tie. The number of goals scored above/below the game's average interacts well with the bet that both teams will score.
To predict whether both teams will score or whether they will score above or below 2.5 goals (a classic football bet), the results of both teams' previous matches, as well as the individual performance of each team recently, must be thoroughly examined prior to the game.
Basketball Betting
Basketball frequently predicts the winner of the match, but keep in mind that the regular time of the game often ends in a draw, so you must place a bet that includes extra time.
The number of points scored above/below the match is a good market. It is also possible to choose only a portion of the game, such as a quarter or half time. Basketball has a very large selection of live bets because you can predict who will win the quarter, who will be the first to score, and so on.
The number of points scored in a basketball game varies greatly depending on the league and the team. The bookmaker already provides the approximate point limit. Still, to predict it, it is necessary to understand how offensive or defensive the two units are and how the previous games ended.
If a gambler is convinced of a team's obvious advantage, it is advised to place handicap bets in which the player predicts at least how many points one of the teams will score. For example, if the Dallas Mavericks play the Houston Rockets and you are confident that Kristaps Porzingis' team will win by at least ten points, you should bet the Mavericks (-9.5) handicap.
Hockey Betting
In hockey, bets are frequently placed on a winner or a tie. If the odds are favorable, we recommend predicting the team's victory, including extra time in play. However, in hockey leagues such as the NHL each team has a chance to win, it is sometimes easier to predict the number of goals rather than the losers or winners (above or below).
There are hundreds of other types of bets available in hockey, as well as football and basketball, so check one of the sweepstakes listed below to find out more.
How to make your first bet?
Easy 5 step tutorial on how to make your first sports bet
Choose the sportsbook with the best welcome bonus and promotional offers
LVBet currently offers the highest welcome bonus. Make a bet up to €40 and get your money back if you lose.
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Register at your selected sportsbook
Navigate to the chosen sweepstakes and click the "Register" button. Prepare to provide personal information such as your name, age, e-mail address, phone number, residential address, personal identification number, and bank account number. Don't be concerned; it's completely safe because all the information is secured.
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Choose the sporting event you're interested in
Choose a match that will be watched by one or a fun group of friends, read our experts' predictions, and seek the opinions of experts online. Remember that betting on sporting events is not easy, so think twice before putting your money at risk.
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Evaluate your finances and set a limit
Once you've gathered all the necessary information and believe the bookmaker is offering high odds on the outcome, you can then place your bet. Remember that betting is fun, but you should quit when the fun is over!
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Place your bets
Now you can finally place your bets on the sport of choice.
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Pafbet Welcome Bonus
Pafbet provides consistent bonuses for new customers and promotional offers to receive €10 since its relatively recent entry into the Latvian market. The customer must deposit €10 into the account in order to receive it, and a €10 bonus will be credited to the new user's account. The player can then do whatever they want with the money, including cashing it out and betting with it.
Optibet Sports Bonus
Optibet offers three risk-free bets of €10 to new customers. Furthermore, if you meet the requirements, you can receive an additional bonus of €70 (7 x €10) at risk-free bets. The maximum bonus can be obtained by taking the following three steps:
1) To obtain a risk-free bet of €20, or two times €10. It is necessary to make bets of €100 on any sport.
2) To obtain an additional €20 or 2 x €10 risk-free bets - a minimum of €50 must be wagered in double combined stakes per sport.
3) A final bonus of €30 or 3 x €10 risk-free bets can be obtained by betting at least €50 on any sport in triple combined bets.
€50 risk-free
Optibet's new customer offer focuses on sports betting, but the company has also considered slot machine fans. New customers can get 50 free spins in "Finn and the Swirly Spin" for €0.10 each, a total of €5 in free spins. Are you looking for more free spins?
11.lv bonus for sports - three €11 risk - free bets
11.lv offers new sports bettors a €33 bonus and three €11 risk-free bets on any event with odds greater than 1.5.
100 free spins in Starburst
Meanwhile, for casino enthusiasts, 11.lv offers 100 free spins on the popular slot game, Starburst. Each spin costs €0.10, bringing the total bonus amount to €10.
Betsafe bonus - €50
New Betsafe customers receive three €10 risk-free bets upon registration. After a month, the bookmaker offers another risk-free bet, and after another month, the bookmaker offers the fifth and final risk-free bet worth €10.
100 free spins in Dead or Alive 2
If the customer prefers slot machines, Betsafe offers a €9 bonus in Dead or Alive 2. The customer must make a spin worth €100 to receive their money, refunded immediately after the spin.
Olybet gift port - up to €100 bonus
Olybet is a betting site that offers three bonuses to new customers: SPORT20, SPORT50, and SPORT100. This bonus, however, is not as simple to use. To receive the bonus, the player must first wager their money. When registering with the code SPORT20, the new customer qualifies for a €20 bonus, but to receive it, a total of €200 must be wagered on sports bets.
The SPORT50 and SPORT100 codes follow the same logic. To receive the €50 bonus, you must first wager €500; however, to receive the €100 bonus, you must first wager €1000.
100 free spins Book of Ra + 100 free spins in Jumanji
Olybet has one of the most generous casino bonuses amongst all Latvian online betting sites. The company gives new customers a €20 bonus and 100 x €0.10 spins on the grand Book of Ra slot machine and the same number of spins on Jumanji.
Synottip - €50 bonus
For sports bettors, Synottip offers a reasonably generous bonus. New customers are given a bonus of €50, which can be used for one bet. The bettor can also place multiple bets, such as 5 x €10. The most important thing is that the bet type is simple and that the odds do not exceed 4.00.
100 free spins in the Book of Ra
Synottip also provides 100 x €0.10 free spins in the popular Book of Ra slot, for a total bonus of €10.