Best Betting sites in Ecuador

Top Online Bookmakers in Ecuador

Find out which are the best Ecuadorian betting sites in the table below. Learn about their bonuses and proceed further to read more regarding their pros and cons.

Introduction

Ecuador is a South American country that borders Peru and Columbia and is home to the famous Galapagos Islands. The country has a population of over 17 million and uses the American dollar as its national currency. Originally a country that was a South American gambling hub, gambling has since become illegal.

As a result of its reversal of past gambling laws, this best betting sites in Ecuador guide will explain its current laws. Furthermore, it includes Ecuador’s top 8 online betting sites and explains more about Ecuadorian sports betting. Likewise, additional information is provided relating to Ecuadorian payment methods, betting features, mobile options and whether online casinos are legal.

What are the Top 8 Online Betting Sites in Ecuador?

The top 8 betting sites in Ecuador include 1xBet, Betway, 22Bet, Sportaza, William Hill, Pinnacle, BetWinner and Parimatch. As Ecuadorian’s have a never-ending selection of online bookmakers, we have created a list of the top 8. Each bookmaker in the list is reputable, trustable, licensed and regulated.

Competition between Operators

Due to the legal climate in Ecuador pertaining to gambling, competition between land-based operators is not applicable. However, online competition between operators is aggressive amongst the more than 430 online operators catering to Ecuadorian bettors.

Resultantly, this has led to bookies increasing the range of services they offer. Moreover, it has resulted in more aggressive promotional tactics, much to the benefit of Ecuadorian punters. For the most part, competition favours those two areas, although competition has also fueled aggressive marketing campaigns. Thankfully, healthy competition has removed the threat of monopolies as competing bookies are owned by multiple corporations.

What are the available Payment Methods in Ecuador?

The available payment methods Ecuadorians have at their disposal include their choice between credit cards, ewallets, bank deposits and cryptocurrencies. The most frequently offered in terms of availability are ewallets, while cryptocurrencies follow closely behind. The main attraction to the two is their propensity for anonymity and the added sense of privacy.

However, using ewallets and cryptocurrencies does come at a cost due to processing fees. Although minimal, some punters may find them less appealing if depositing smaller amounts. For deposit limits, Ecuadorians will find the average is $10 USD, while withdrawals range from $20 to $100.

What are the Mobile Betting options in Ecuador?

Like most parts of the world, the mobile betting options for Ecuadorians are mobile apps and mobile websites. The benefit to this is that Ecuadorians can choose which suits their particular situation. If a frequent mobile bettor, the better of the two is the mobile app. It automatically updates the app’s background. As apps allow punters to remain logged in, this reduced time restraints when live betting. However, the mobile website may be the better solution for punters wanting a greater degree of privacy if using shared devices. By accessing bookies via a mobile, histories can be deleted to ensure their activity is never compromised. Moreover, mobile websites do not permit users to remain logged in, which adds to overall user protection.

What are the Leading sports for betting in Ecuador?

The leading sports for betting in Ecuador are football, baseball, basketball, volleyball and tennis. As you can imagine, many Ecuadorians are familiar with these sports and share a passion for leading sports when punting online. To provide some credibility about the leading sports in Ecuador, here is a brief overview of each.

• Football
  Football is considered a national sport for almost all countries that make up South America, and Ecuador is no different. As a leading popular Ecuadorian sport, punters enjoy betting on regional teams, national tournaments, and international events.
• Baseball
  Baseball is a leading sport influenced by Ecuadorian national competitions and international competitions. While less favoured than football, it remains a leading sport for betting among Ecuadorians.
• Basketball
  Basketball place as a leading sport is largely due to the national basketball league and The Liga Ecuatoriana de Baloncesto. In addition, basketball is a popular sport within the Ecuadorian school system.
• Volleyball
  Volleyball holds importance to Ecuadorian betters as the country invented Ecua-volley, a unique game variant. This has resulted in Ecua-volley being played throughout the country, other South American countries and the U.S.
• Tennis
  Ecuadorians preference for betting on tennis stems from the country hosting the Ecuador Open. As an ATP tour tournament, it has gained prominence and produced top-ranked players like Andrés Gómez.

The profile of a Ecuadorian Bettor

The profile of an Ecuadorian bettor shares many characteristics seen by bettors in other countries. As betting is seen as a masculine activity, most punting on sports is male. The average age was unobtainable, but age is a less relevant factor during profiling, with sports being prominent in the country.

Unfortunately, economic data was also less forthcoming as the country has an unemployment rate of near 50 per cent. However, as the average income is $300, the average bettor falls into the lower percentage of income earners.

FAQ about betting in Ecuador

Our Final Verdict on betting in Ecuador

Considering Ecuador’s past approach and legalization of gambling and the current laws expressively making it illegal, Ecuadorians have a surprisingly large number of options they can avail themselves of. This is good news for bettors as their liberties are not thwarted by an overzealous government looking to limit their freedoms.

Fortunately, this allows Ecuadorians the freedom to bet as they wish and choose from a growing list of online betting sites. Whether conditions and liberties in the country will adapt to the growing acceptance of land-based betting in South America is anyone’s guess. However, there is hope, and punters are free to do as they like until that time.