The Colombian online casino market is growing: here’s what new players should know

The Colombian online gambling market has come a long way in a short time. It was only last decade when most casinos in the country operated without a license and those who wanted to play casino games online resorted to offshore casinos.

However, starting with 2016, the Colombian iGaming Act came into effect, establishing a legal framework that regulates the activities of online casino operators and offers players more safety. The long-awaited item of legislation brought benefits almost instantly and, in a matter of months, the gambling market started to expand, creating a safety net for the local economy. According to a recent report, online casinos now generate $3 million in revenue, which makes Colombia one of the strongest gambling markets in Latin America. Forecasts are also optimistic and, based on the current trends, Colombia is set to become a gambling powerhouse. 

If you are new to online casino games, Colombian casinos will definitely subvert your expectations. In the past years, platforms have evolved a lot, so that you’ll have some great features to choose from. At the same time, you still need to be careful when choosing your platform. Here are the top tips for Colombian online casino players who want to start making a profit from their hobby: 

Playing on mobile is now as easy as playing in your browser 

If you live in Colombia, you’re probably somewhat familiar with games of chance already – statistically, 70% of Colombians have gambled at least once in their life. However, when it comes to the platforms used to do so, preferences vary. Most people have gambled in land-based casinos, and, when they do play online, 68.4% of them choose browser-based games – that is, the games you can play on casino websites.

This remains a solid option and, if it’s more comfortable for you to use your laptop or desktop computer, then you should definitely continue doing that. However, it’s worth pointing out that you can play casino games on your mobile phone. The number of smartphone users in Colombia is on the rise, so operators are starting to adapt by optimizing their websites or launching dedicated mobile apps. Because technology has come a long way, you can enjoy the same exciting experience when you’re on the go. 

Take advantage of bonuses and promotions 

The legalization of online gambling in Colombia has created a competitive environment between operators and it is common knowledge that clients have the most to gain from competitive markets. Case in point, bonuses and promotions. To stand out from the crowd and convince people to join their platform, online casino operators offer bigger and better bonuses and promotions. It’s one of the biggest trends in gambling right now. Here are just a few examples of bonuses you should take advantage of: 

  • Free spins (in case you want to play slot games) 
  • No deposit bonuses (recommended especially to those who are new to gambling)
  • Loyalty bonuses 
  • Deposit bonuses 
  • Match up bonuses 
  • Sign up bonuses (also known as welcome bonuses) 

Casino Colbet is one of the best Colombian online casinos that offers all these bonuses and a top choice for many Colombian gamblers. There are many other options out there, but one thing that new players should remember is to read the fine print. You have many bonuses and promotions to choose from, but you need to make sure that they are compatible with your playing style and preferred level of risk and that the conditions needed to claim the bonuses are convenient. 

No matter what your preferred payment options is, you’ll find a casino that accepts it 

Gone are the days when casino players would rely only on their bank to withdraw and deposit funds. That option is still around, of course, and many people still use it, but if you use something else, that’s possible too. Digital payments have evolved a lot in the past few years and Colombia, which is an emerging FinTech market, welcomed these changes. If you play casino games online, it’s also possible to make transactions via online payment systems such as Skrill and PayPal, and even with cryptocurrency. 

A good online casino should offer you all these withdrawal and deposit options; reading online reviews and comparisons before joining is a great way of saving time. However, do remember that each withdrawal and deposit option has its pros and cons. For example, crypto transfers are instant and have the lowest fees, but, if you encounter any issues with the casino, you may not be able to get a refund. Wire transfers are slower, but that’s because the transaction needs to be verified. 

Gaming options are more diverse than ever before 

What do you like more: the fun and excitement of a slot game or the challenge of a poker game against an experienced opponent?

Both of these can be a great way of passing the time and, no matter which you prefer, Colombian casinos won’t disappoint you. You have a wide variety of games to choose from, and you can count on a seamless experience every time. In fact, the quality standards in online casinos are often higher than in physical casinos, and you can have access to more games than you were used to.

Examples include slot games with progressive jackpots and multiple line action, poker rooms with live dealers, slots with RPG elements, and much more. If you add the fact that these games are not only fun but also offer you the possibility to earn some cash, it comes as no surprise that online casinos are one of the most popular forms of entertainment. 

Although online gambling has only been legalized recently, it has already reached an impressive market size and it can compare to countries where online casinos have existed for many years now. Favoring innovation and prioritizing player safety, Colombian gambling platforms definitely have a bright future ahead of them.