If you want to bet on sports from Colombia, it makes sense to register a betting
account in Colombian Pesos so you may deposit and withdraw your native national currency
without having to exchange funds. By betting in your home currency, you can avoid
the currency exchange fees that would otherwise occur for every deposit and withdrawal
to and from your betting account. This equates to a savings of 3% to 5% of each
transaction. Luckily there are two betting sites that offer Colombian Peso accounts:
Betsson and bet365. EcoPayz is a banking method that will allow you to transact
directly in COP.
If you are unconcerned with the ability to wager in your native currency from Colombia,
you still need to know which reputable betting sites will accept your registration,
as many companies will not serve Colombian customers. The online bookmakers listed
below will accept bettors from Colombia. Click the ‘Review’ button to read more
information about each company.
Exchanging the Colombian Peso to bet on sports
If you do decide to exchange funds in order to start betting online from Colombia,
ensure that you only exchange funds once for each deposit or withdrawal that you
make. This might sound obvious to you, but people often introduce a third currency
without thinking about it, which adds a layer of hidden exchange fees. Colombian
Peso to USD is far better than Peso to USD to Euro.
If you already have a funding source like an e-wallet or pre-paid solution in another
base currency, try to set your betting site account to that specific currency. For
example: if you already have an Entropay account in USD for online shopping and you
want to use it to pay into your online betting account, ensure you also set your
betting account currency to USD when you sign up. You will not be able to alter
your currency setting once you register. Are you wondering about the latest Colombian
Peso exchange rate? View COP to USD rate now.
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