is cricket betting legal in sri lankaThe Best Betting Sites in Sri Lanka — Guide & Legal Sportbooks 2022
If you like sports in general, you will love the user experience at the sites for online betting in Sri Lanka. It is the ultimate way in which you can enjoy any given sporting event and adds a whole new layer of excitement. In the following paragraphs, we will do our best to introduce you to the details of sports gambling in Sri Lanka with topics like the types of bets available, playing on the go, in-line betting, banking, odds and a lot more.
The online markets of the sports betting sites in LK come in all shapes and sizes. The biggest are those which pertain to the sports most popular in the country, in this case, volleyball, cricket, rugby, football.
That’s not to say the other sports take a back seat. Featured here are well-rounded international sportsbooks with very well developed bookmaking systems, so you can expect only the best odds and markets for all widely known sports.
In actuality, The Sri Lankan betting sites give good odds for sporting events that are not even remotely popular in the country. we are talking about racing and typical American sports. Whatever tickles your fancy, you can probably find in one of our recommended Sri Lankan betting sites. What’s more, the coverage of each sport is really extensive. Leagues, major events, even friendlies are sometimes priced up with odds.
There is also a good choice of actual bets you can take – it’s not just who will win the match. You can get a whole lot more creative than this being a member of the top online bookmakers in LK. Most of them run a special promotion that enables you to get odds on any event you want. Betway started it with its ‘#betyourway’ feature and now it’s a widespread phenomenon among the sites for online betting in Sri Lanka.
Before we get into more detail about the best betting sites in Sri Lanka, we would like to take a minute and address the matter of safety and security that we find immensely important. As we are talking real money here, it is imperative that any online gambling venue that you choose to play at is fully legit. What this means is that the operator must have all the valid licenses and accreditations from the audit organisation in the country in question. In Sri Lanka that is the Finance Ministry. Thus, we have made sure that all of the operators that we recommend have been approved by the country’s finance minister.
As you might have heard, Sri Lankan betting sites weren’t always legal. It was only in 2010 that a proposition was made for a law that would make gambling a fully regulated industry. Despite being surrounded in controversy and meeting heavy opposition, the bill was finally passed, making games of chance legal in the country. Thanks to that, the number of tourists has increased almost 5 times since then, and casinos and bookies are thriving. Despite some minor changes to the taxation of operators in early 2019, no modifications have been made to the legislation system, thus making Sri Lanka a perfect place for sports bettors!
In-line betting is one of the top features of online bookmakers in LK. It essentially allows punters to place wagers on sporting events that have already begun. This feature’s popularity has grown massively in recent years and is now a must-have for any reputable online sportsbook. Not only does it give players more options in terms of their betting choices, but also presents the best possible odds. Numerous times we have witnessed punters win large sums from placing small bets on very high odds mid-game. Naturally, we have only selected those sites in the country that offer this option.
Live Betting Site
Bonus Offer
Min.?Deposit
Wagering Requirements
Rating
Secure Link
25 Bonus
N/A
No
4.80/5
Claim Here!
As you probably know, the best betting sites in Sri Lanka try to provide live streams for each of the games that punters can wager on. It is very much the same story with these 10 providers, and you can expect to find HD live streams for the vast majority of sporting events. In the unlikely event that no such option is available, you will be presented with animated graphics that show all the important data that you need. Whichever the case, information is transmitted instantly, and there are no lags of delays, so you can rest assured that you are not missing anything!
Nowadays being able to use the cash-out feature is a must for betting sites in LK. They are working towards implementing it into their platforms. Betfair and Comeon offer the option, so whichever you choose, you will be able to withdraw your wagers before the end of the game. If we were to chose just one, however, that would most probably be Betfair. By far they have done the best job of implementing this feature into their platform, thus making it as easy and intuitive as possible. One thing that you have to keep in mind though is that only partial cash outs are allowed.
If you have even the slightest previous experience with online bookmakers in LK, then you will know that welcome offers are amongst the most important points when choosing a venue to register at. They are an awesome way for punters to top up their account with funds so they could bet harder for longer. There are multiple bonus types such as free bets, deposit match, cash, risk-free bets and many more. Unfortunately, only one of our 8 bookies feature a promotion for newly registered players, and that is betsson. In the following table, you will find all the important details regarding their bonus offer.
As you can see, betsson’s offer is a typical welcome bonus. Here is how it works. In order to register an account, you will have to verify your age by uploading a copy of your national ID or passport. Then head to the deposit and add a minimum of 10 (up to 75), and it will get 100% extra. In other words, if you deposit 75, you will get another 75 and be able to play with 150 in total. Of course, the bonus is tight with some conditions as a wagering requirement of 10x at a minimum odds of 1.50 within 30 days of receiving it.
Betting on the go is a must for all online bookmakers in LK. Nowadays, each and every respectable online bookie should have a well designed and fully functional mobile platform that would allow punters to access their services from any point of the globe on their smartphones or tablets. The services of Betfair and Comeon are all available on the go, but Comeon’s platform is by far the most well-incorporated one. It comes in two versions – the instant play which can be accessed through any browser that your mobile device supports and the native apps that have been developed for both Android and iOS. Whichever you end up using you will be pleasantly surprised by their quick performance and ease of use!
One of the greatest advantages of the Sri Lankan betting sites cpared to their land-based counterparts is the much larger and more diverse selection of online sports wagering markets that they offer. Keeping that in mind, we made sure to only select the betting sites with the most available sporting events. In between the three of them, Comeon and Betfair offer more than 60 different markets and more than 200 unique events and games. Amongst them, there are famous leagues and competitions such as the PGA, NFL, NBA and many more. Find below the most commonly met markets at the best betting sites Sri Lanka.
Cricket
Volleyball
Tennis
Rugby Union
Basketball
Horse Racing
Motor Sports
Boxing
Virtual Sports
eSports
Table Tennis
American Football
Ice Hockey
Speedway
eSport Site
CS:GO Markets
LoL Markets
Dota2 Markets
7
32
6
As you can see, depending on the titles that you prefer to bet on, you may want to register at a different site. For example, if League of Legends is your poison of choice, then there is no better place than Comeon. Another Sri Lankan betting site called Befair, offers the most Dota2 markets by a country mile. The only thing that you should keep in mind is that the number of available markets will change depending on the number of competitions that are currently being held around the world.
Another extremely important factor when dealing with the best sports betting sites in LK is the number and types of bets that they allow punters to place. It is in this department that our 10 top picks really start shining. Not only are you allowed to pick the sporting events that interest you the most, but you can also fine-tune your wagers in order to exploit a more beneficial angle. The sites for online betting in Sri Lanka are going to let you bet on pretty much any component of a given sporting event and not just the final outcome.
Moreover, Betfair and Comeon allow their players to make full use of complex betting combinations that have the potential to increase their chance of scoring big wins. Amongst them, you will find bet types such as handicaps, prop bets, outrights and tens more. If you’re new to online gambling and don’t know what these terms mean, or if you want to find out more about the betting types available to punters in Sri Lanka, you should definitely check out the providers’ websites.
As we have the goal of recommending you the best online bookies only, we have also taken a look at the profit margin that each venue offers. As you can see from the table below, Betfair is the provider with the lowest average profit margin. Comeon takes the second place on our rank list of online bookmakers in LK, but not by a big difference. All in all, the difference between the two operators is so small that it doesn’t really matter which one you actually chose.
Betting Site
Profit Margin
6.49%
In case you are wondering what profit margin actually means in the context of the sports betting sites in LK here is a short explanation. The profit margin shows the percentage that the bookie takes from each bet that has been placed. Thus, much like the house edge in online casinos, the lower the number, the better chance you stand of making good money.
Depositing money has been made as easy as possible. Depending on the bookie you end up choosing, you will have a selection of payment methods that includes Visa, Mastercard, ecoPayz, Zimpler, Skrill, Neteller, PayPal and many others. The whole process takes less than a minute, as all you need to do is fill in a short form. Deposits are instantaneous and will appear in your online account within seconds. In our opinion, Betfair has the best banking system and the easiest one to get used to.
Withdrawing, on the other hand, though just as easy, may take between 3 and 5 working days. After you have filled in the withdrawal form, the bookie will process your enquiry within 24 hours. Then it is up to the banking institutions to finalise the transaction. Just keep in mind that you will most probably be required to present a copy of a valid ID document such as an ID card or a passport.
At the end of our guide to the best sports betting sites in LK, we would like to give you our final verdict. Having reduced the number of sportsbooks to only 10, it is hard to crown one as the best because they all offer some truly amazing conditions. However, if we were to recommend just one, that would probably be Betfair thanks to their 100 welcome bonus. Despite that, you are more than welcome to give all 10 a try and see which ones you like best! Moreover, if you’d like to jump on the gambling joyride you can also check out our guide to the finest online casinos in Sri Lanka! Finally, in the table down below, you will find links to other gambling guides for Sri Lanka.
After checking our always to double-check this across the operator’s banking policy sports betting review, are there still any questions that might pop up in your mind? Regardless of whether that is the case, make sure to check some of the most frequent queries below since they might proactively be a solution to future challenges you might face in your own sports betting is cricket betting legal in sri lankaThe Best Betting Sites in Sri Lanka — Guide & Legal Sportbooks 2022 adventures!