Best Betting Sites in Bulgaria 2023 | Top Sports bet apps in Bulgaria

Top Bulgaria Betting Sites
Population: 7.000.000bulgaria-flag
Nine hundred thousand active players
Lev is the currency in use in Bulgaria (BGN)
Products relating to gambling that are governed by regulations: Gambling on sporting events and thoroughbred races, casinos, poker, bingo, and lotteries
The National Revenue Agency is the designated authority.
Several sorts of operators include licensed brick-and-mortar and internet casinos and bookmakers as well as state lotteries.
Status: Regulated

Bulgaria is a country located in Southeastern Europe that gained its independence as a state in 1908. It finally made the transition to a democratic state in the year 1990, after having been under the sway of the USSR for many years and having been at war for many years. That was the time when the very first bookmakers established their businesses in the market. Football is the sport that garners the most attention and support from spectators here. Both Levski and CSKA are based in Sofia, which gives both teams one of the largest and most devoted fan following in the entire country.

Prior to the year 1990, gambling of any kind was not permitted in Bulgaria. In the end, after going through a lot of difficulty, the local market in Bulgaria eventually established a comprehensive regulatory framework as well as a taxation system for all forms of gaming. With the exception of Bet365 and Bwin, the vast majority of overseas bookies do not hold a license to operate in the country in which they are based. Despite this, many of them are still in business and will gladly take on local players. They are gaining popularity in Bulgaria, with a rising number of bettors choosing them over the local ones. This is because they provide access to a wider number of markets, a more extensive range of sporting events, and significantly higher odds.

Best Betting Sites in Bulgaria

Information that is absolutely necessary for Bulgarian players

If you are at least 18 years old, placing bets online in Bulgaria is entirely within the law as long as you meet the age requirement. After the introduction of licenses, there has been a significant reduction in the number of legal betting sites in Bulgaria. To be more specific, as of right now, only six online sportsbooks can legally operate under their respective licenses. Even though they don’t have a physical presence in the country, some overseas bookies continue to accept customers from Bulgaria via mirror websites.

It’s vital to note that players don’t have to pay any taxes on any gains they get from gambling. In addition, the regulations pertaining to gambling in Bulgaria only target the operators. Because of this, there have been practically no reports of monitoring, let alone prosecuting, anyone who place bets online.

How to make deposits at online betting sites in Bulgaria

If you would rather make deposits using methods that are accepted locally, then ePay or Easypay would be the ideal option for you. If this is not the case, there are a few more reliable alternatives accessible, such as bank transfers (via local banks like UBB), which are offered by regulated online bookies.

Despite this, it may be necessary to allow a few days for the completion of a bank transfer. Because of this, the vast majority of bookies enable customers to complete transactions using electronic wallets. Both Skrill Bulgaria and Neteller are accessible, and they have earned a reputation for providing services that are both quick and secure. Also, PayPal Bulgaria is accessible, and its lightning-fast financial transactions have already won over the loyalty of thousands of online gamblers.

The outlook for the gambling industry in Bulgaria aust-150×150

The gaming environment in Bulgaria has undergone a few shifts as a result of some recent developments on an administrative level. Because of the highly regulated environment, major international bookmakers like Bet365 and Bwin are permitted to operate legally within the country. We are going to have to sit tight and watch to see if it’s just a matter of time until more people follow their lead.

For the next several years, there is the possibility that the current licensing system may be loosened up; on the other hand, if more betting enterprises in Bulgaria choose to apply for a local license, the system will likely remain in its current state. A market that is well-organized and well-regulated, serving as a model for other markets throughout the Balkans and beyond.