Latin America is one of the ancient homes of different sports that are played all year round. However, it’s better known for its football prowess more than any other sport. The love for the game, passionate fans, and support of the government make sports competitions a sweet spot for gamblers to bet.
Some of the most popular competitions that people bet on today include Copa America, Cope Libertadores, Liga Chilena, Argentine Primera Division, Campeonato Brasileiro Serie A, and many more. Essentially, there are several options to choose from, with each offering enticing odds depending on the bookmaker. In the end, it’s more about the sports competition you prefer, rather than having to choose from a limited option.
Sports Gambling in Latin America
Sports gambling in Latin America is somewhat complicated. This is because each country has its own laws regarding gambling, with some being very strict, while others are a little loose. Taking Brazil, the largest Latin American country, for example, its gambling laws are outdated, making things a little gray, unlike Argentina who favors a more friendly approach.
In Brazil, all the games of chance are outrightly illegal since winning is based on luck. This made the country a no-go areaa for a very long time, until the emergence of online betting, which caused more chaos. In the end, Brazil legally embraced sports betting back in 2018 but are still in the process of finalizing the terms for both online and offline gambling. Only time would tell if it would truly be passed.
Moving to Chile, sports betting is very much legal and even one of the most popular means of gambling in the whole country. With the invention of online gambling, citizens now have the opportunity to make use of international bookmakers for better options and odds to pick from. The country itself is making efforts to develop the industry by focusing on domestic companies.
The nature of competitions for sport gamblers in Latin America
The whole landscape of Latin American territories includes over 20 countries including Mexico, Argentina, Brazil, Costa Rica, Panama, Peru, Colombia and more. Despite the numerous amount of countries, sports competition betting in some stands out over the others. For example, the Brazilian Football league is regarded as the largest in the territory, therefore you wouldn’t expect leagues in Peru to match its odds or potential revenue.
Although you are literally spoilt for choice regarding sports betting competition, it’s left to you to choose which you prefer, depending on how much you know the game. You can also crawl the internet for tips to bet on competitions in Latin America. It’s all about understanding the sports and players in it.
Top competitions to bet on in Latin America
Here are some of the best sports competitions to bet on in Latin America for both domestic and international competitions:
Brazil Serie A
Thousands of fans gather on a weekly basis to watch the heated games between rivals in the league. The Brazilian league is easily among the most entertaining in Latin America, due to the several years of rivalry and talented players littered across the teams. The possible outcome of great derbies along with the competitive nature of the league ensures that odds remain attractive for sports gamblers. This league is simply one of the best to bet on.
Argentina Premera Division
Not too far behind the Brazilian league is the Argentina Premera Division. Together, they are regarded as the “big two,” dominating the whole Latin American territories on anything regarding football. The Argentine league has a long history of rivalry, with several top clubs and players too, which always makes for sweet odds. It remains slightly behind or on par with the Brazilian Serie A regarding sports betting competition in Latin America.
Although Brazil and Argentina have the two most important sports competition in Latin America, it doesn’t mean other countries are not doing well. The Liga Chilena for example is a good definition of a competition that thrives and ticks all the boxes regarding sports betting. It isn’t just as big as the top two. Liga Chilena boasts some top teams in Latin America, pushing the Brazilian and Argentine teams far in international competitions. It has also produced some of the finest players the game has ever seen. Putting all these together, Liga Chilena is a good competition for spot gamblers looking for good odds.
Copa America is an international competition, where teams of different Latin American countries come together to play. Been held since 1916, it is the oldest sport competition and arguably the best in the whole territory. Copa America offers great odds and lots of opportunities for sports gamblers to benefit from.
The Copa Libertadores is to Latin America, what the Champions League is to Europe, therefore, explaining all the hype and relevance it receives. It is a competition where the best teams from all around the leagues in Latin America come together to play. Therefore, it promises great odds and exciting games that would get you thrilled.
This is like a secondary football competition for Latin American countries. Although it does not receive as much hype as the Copa Libertadores, it is still a top competition in the territory. Top teams like Lanus and Corinthians, participate in the competition, making it sweet for sports gamblers.
Asides soccer, horse racing is one of the best sports to bet on in South America. The game cuts across different countries with matches that can be streamed and good odds for those looking to bet. If you’re a sports gambler, horse racing is surely going to entice you with good odds.
Although there are also several competitions with good betting opportunities in Latin America, these competitions generate some of the highest revenues, therefore presents arguably the best odds for sports gamblers in the territory. However, you can also look out for smaller competitions with good odds to bet on.