Online Betting Sri Lanka 2023 Guide – Compare Best Betting Sites Sri Lanka Has to Offer

3. Mostbet – Hefty Welcome Reward With ₹25,000 Deposit Bonus  + 250 Free Spins

With a large selection of virtual sports, casino games, and sports betting options, Mostbet is a renowned online casino and bookmaker that operates in Sri Lanka. Since its launch in 2009, Mostbet, which is owned and run by Venson Ltd., a Cyprus-based business, has become a well-known name in the online betting sector. The bookmaker’s possession of a license from the reputed Curacao eGaming Authority guarantees its customers a controlled and secure gaming environment.

Mostbet’s user-friendly interface, which is distinguished by a clean and modern design that makes navigating simple, is one of its most notable characteristics. In order to appeal to a worldwide audience, the website is available in a number of languages, including English, Russian, Turkish, and Spanish. Additionally, Mostbet provides a mobile app that can be downloaded for free from the Google Play and App Store, enabling users to access their preferred betting options and games while on the go.

Mostbet places a high priority on safety and ethical gaming, and the platform uses cutting-edge encryption technology to safeguard users’ financial and personal data. Additionally, Mostbet has put in place a responsible gaming policy that promotes responsible gambling and offers resources for self-exclusion and deposit caps.

New customers who register with Mostbet can benefit from a hefty welcome bonus of 100% on their initial sports betting deposit, up to €100. On the promotion’s website or by signing up for the newsletter, the platform also provides continuing benefits for current users, including free bets, cashback offers, and better odds on particular events.

Numerous sports and betting markets are covered by Mostbet, including well-known sports like football, basketball, tennis, and cricket and specialized sports like handball and futsal. The betting exchange provides a variety of wagers, including outright, live, and pre-match wagers, with odds that are among the finest in the business. Additionally, Mostbet offers customers the choice to cash out their wagers prior to the conclusion of the event and has a Bet Builder feature that enables users to build custom wagers by combining various markets.

On Mostbet, live chat, email, and phone support are all available round-the-clock. The website also includes a thorough FAQ section that addresses a wide range of subjects pertaining to account management, payment methods, and betting policies.

In conclusion, Mostbet is a trustworthy and feature-rich online bookmaker and casino that serves the Sri Lankan market. Mostbet offers players in Sri Lanka a fun and safe betting experience because to its user-friendly design, a wide variety of betting options, competitive odds, and dedication to security and responsible gaming.

4. Dafabet – The Cashback Kings

In addition to being one of the most well-known and trusted bookmakers on this list, Dafabet also contains two separate sportsbooks, to give you even more choice when it comes to markets and odds, as well as extra bonuses specific to each site.

Dafabet also has one of the best selections of cashback offers we have seen. To start with there’s a 3% rebate available on all of your accumulator bets, whether they win or lose. Furthermore, Sri Lankan bettors can also enjoy specific NBA and Esports cashback offers, as well as a 100% refund on your very first golf bet, if it’s a loser. And if you’re a fan of betting on virtual sports, you’ll love the unlimited 1.2% virtual sports rebate.

6. Fun88 – Exchange Online Sports Betting Specialist

Fans of the English Premier League may already be familiar with Fun88 as they are the shirt sponsors of high-flying Newcastle United. And the betting service provided by Fun88 is also of a high standard, starting with the fact that within their sportsbook you can actually choose from four different online betting sites. And one of them is the Fun88 Exchange, which opens up a whole new way to wager, brought to you in association with Betfair, which is the biggest and best sports betting exchange in the world.

There is also a good range of bonuses available at the site and cricket fans will be delighted with the selection of matches and markets available, in addition to the cricket betting guides and news articles on their extensive betting blog.

Key Features of the Best Online Betting Sites in Sri Lanka

Here is a quick comparison of the different features that are available at the sportsbooks featured in this article. And we have concentrated on areas where the bookies differ, rather than things such as betting sites with free bets, live betting and Esports betting, which is available at all the Sri Lanka betting sites featured on this page.

Sportsbook	Live Sports Streaming	Live Esports Streaming	Existing Customer Deposit Bonus	Cashback	Accumulator Boost or Insurance
Lucky Block
Powbet
Mostbet
Dafabet
Bons
Fun88
CobraBet
Betindi
Mostbet
LottaBet
Bambet

Best Sports Betting Sites in Sri Lanka 2023 by Category

Sports Markets Available In Sri Lanka

Payment Methods Available at the Best Online Betting Sites in Sri Lanka

There are many different ways that you can add funds to and make withdrawals from Sri Lanka betting sites. And given the legal situation regarding betting online in the country, E-wallets and Cryptocurrency, in particular, have assumed more importance as many people look to maintain a certain degree of anonymity when it comes to depositing at sports betting sites. Here are the main payment methods you will come across.

Debit Cards and Credit Cards

Many online betting sites available to Sri Lankan bettors will support payments made through debit cards and credit cards. And they will usually need to be from major card issuers such as Visa or MasterCard.

E-Wallets

E-wallets are a very popular transaction option when it comes to Sri Lanka betting sites, due to the fact that no sites offer Sri Lankan Rupees as an account currency. In addition, many punters are keen to keep their bank accounts and betting accounts separate. E-wallets are also very easy to use, provide currency conversion and process transactions quickly and securely. The only downside is that fees can apply when using them to deposit into your betting account.

International wallets such as Neteller and Skrill are widely available at Sri Lanka betting sites, along with Genie and eZ Cash, two of the most popular E-wallets in the country.

Bank Transfer

Transferring funds directly from your bank to a betting account is not really a viable option in Sri Lanka, as you need to be able to deposit in a currency other than Sri Lankan Rupees.

The Best Bitcoin Sports Betting Sites

Paying with Cryptocurrency is considered to be one of the most secure deposit methods, due to its anonymity and the fact that a customer’s data is not stored in a centralized hub where security breaches commonly occur. And with Cryptocurrency transactions having a high level of privacy in general it’s no surprise to find that a large number of the best Sri Lanka betting sites offer a wide range of Crypto payment methods. And the best bitcoin sports betting sites, in particular, will be very popular with Crypto fans.

Bitcoin Sports Betting In Sri Lanka

While most of the sites featured on this page offer Cryptocurrency as a payment option, some have taken Crypto sports betting a step further by tailoring their betting sites specifically to bitcoin sports betting and Crypto in general. For example, Lucky Block not only offers a variety of Crypto deposit options but also allows bettors to buy Cryptocurrency through the site itself. Furthermore, Lucky Block takes Crypto sports betting to a whole new level by making their own Cryptocurrency available to buy on-site and enabling it to be used to qualify for special bonuses and offers.

Best Crypto Sports Betting Site In Sri Lanka

1. Lucky Block– 200% Bonus up to 10,000 EUR + 50 Free Spins
   

Best Sri Lanka Online Betting Apps

The digital infrastructure in Sri Lanka has improved immensely in the last five years, leading to a surge in smartphone usage, particularly among younger people. And that increase in smartphone ownership has also led to a rise in the number of people placing bets on their phones. The advantage of this method of betting is that you can do it wherever you are, without the need for a desktop or laptop computer.

A lot of sportsbooks will have a dedicated mobile sports betting app you can download to your phone. However, even the newer sites that have not introduced an app yet will usually have an optimised site to look at in portrait mode on your mobile web browser.

Here are our favourite Sri Lanka Betting Apps:

Sportsbook	Platforms	Welcome Bonus
Fun88	iOS & Android	200% first deposit bonusup to ₹15,000	Visit Site
Dafabet	iOS & Android	170% first deposit bonus up to ₹17,000	Visit Site
Mostbet	Android	First Deposit Bonus Up To ₹25,000 + 250 FS	Visit Site

How to Open an Account at Online Sports Betting Sri Lanka Site

For the next part of our guide to online sports betting in Sri Lanka, it’s time for a step-by-step guide to opening an account and placing that all-important first bet, using Dafabet as an example.

Step 1: Visit Your Chosen Site

Using the information in this article you will be able to select what you consider to be the best site for sports betting. And from there you just need to click on the relevant link to begin your betting journey!

Step 2: Sign Up

The next step is to click on the “Join Now”, “Sign Up” or “Play Now” link, which is usually found at the top right-hand side of the screen. Then it’s a simple matter of inputting your personal details including your full name, date of birth and phone number, as well as creating a username and password. Furthermore, you will need to select your deposit currency from the list provided, which will generally include USD, INR, EUR, RM and many more!

Step 3: Deposit Funds

Now you will need to fund your account, so just click on the “Cashier” button which is generally located in the top right-hand corner of the page. From there it’s a simple case of inputting the amount you wish to deposit as well as the payment method. And now’s the time to think about the welcome bonus, making sure you deposit the correct amount to ensure you qualify for the new customer deal.

Step 4: Find Your Favourite Market

Most betting sites will have a list of sports along the left-hand side of the home page, and once you have clicked on a particular event, you can then find the exact match you are looking to wager on. Once you have found your chosen game, click on it to open the markets and scroll down until you find the bet you wish to place.

Step 5: Place a Bet

Click on the odds to add your selection to the bet slip, which will usually appear on the right-hand side of the page. Then repeat the process if you wish to create a multiple bet and when you’re ready, input your stake and then click “Place Bets”.

Step 6: Withdraw Your Winnings

If your wager has been a winning one and you wish to withdraw some cash from your betting account then you need to click on “Cashier” once again, followed by “Withdraw”. Then you need to input the amount you wish to withdraw and confirm where you want the payment to be sent. Then click withdraw and the money should be with you within a couple of days, depending on the site you are using and the withdrawal method.

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Online Gambling Law in Sri Lanka

The online gambling laws in Sri Lanka are relatively simple to understand in that it is illegal for anyone to set up a sportsbook within the country, but legal sports betting is allowed as there are no laws preventing citizens from visiting sports betting sites based outside Sri Lanka. Furthermore, the government doesn’t restrict access to these sites as the relatively low number of people accessing the internet in Sri Lanka, compared to other countries, means it is simply not a priority.

The main issue is that even though legal sports betting is available, as there are no officially licensed online sportsbooks within Sri Lanka, bettors that access offshore sports betting sites need to be extra careful. This is why we are pleased to report that all of the sportsbooks featured on this page have been checked and verified to make sure they are safe and trustworthy. So, even if you are playing at an offshore site that may be unfamiliar, you can bet online with confidence and peace of mind that your money and personal details will be safe and secure.

Practical Sports Betting Tips

Placing a wager at a sports betting site should always be an enjoyable, immersive and stress-free experience, but we have learned over time that there are specific sports betting tips you can follow in order to ensure that this is the case:

1. Bet Responsibly

Our top sports betting strategy is quite simple – bet responsibly! You should always wager with a set amount of money over a certain period of time and we’d also recommend using the widely available deposit limit tools to restrict the amount you can deposit at a particular site. Furthermore, you should never bet on sports you don’t know anything about and never gamble when you’re bored. In addition, no matter how upset or frustrated you are, you should never “chase” your losses and try and win them back by immediately betting on another event that you may know nothing about.

2. Do Your Research

Following closely behind our top tip is another crucial piece of advice, which is to do as much research as possible when you are considering placing a wager on a particular sporting event. The more research you can do, the better chance you will have of making successful bets. It really is that simple! The type of research you do is also important, making sure that when it comes to team sports, for example, you are not only looking at the past results of the sides involved but the form of individual players too.

3. Vary Your Sports Betting Strategy

Once you have done your research you will be able to zero in on one or more of the huge range of markets that are available at all the best Sri Lanka betting sites. However, to do that you will need to make sure you are familiar with all of the player and team markets that are available, to give you the very best chance of making a winning bet. Taking cricket as an example, be prepared to vary your bets so you aren’t just wagering on the winner of a particular match. For example, you could look at teams runs totals markets, top individual run scorers and wicket takers.

4. Bet On Sports You Know About

In our opinion, one of the biggest betting mistakes you can make is to regularly bet on sports which you know little or nothing about. Having a bet can make following a sport you like more enjoyable but wagering on things you aren’t familiar with reduces betting to nothing more than a means to make money. And of course, if you don’t know much about a sport you are making far less informed betting decisions that are more likely to cost you money. So, if you do want to bet on a new sport, or start wagering on Esports, make sure you watch as much as you can before placing a wager!

5. Open More Than One Account

As long as you can continue to bet responsibly, opening multiple betting accounts can be a very useful tactic. And that’s because not only will it allow you to take advantage of more than one welcome deal, but you can benefit from features and special offers at one site that might not be available at another.

Final Thoughts on Best Sri Lanka Betting Sites

Now that we have reached the end of our guide to online sports betting in Sri Lanka, we’re confident that the information in this article will reassure you that there are many trustworthy sportsbooks based outside the country.

Furthermore, the sites we have outlined in this article should cater for all different types of bettors, whether you are looking for generous welcome offers, sites with eye-catching existing customer deals, ones that accept Crypto, or even cricket specialists. And now we have taken you through some of the best Sri Lanka betting sites, given you some sports betting tips and practical advice, you can now decide which site works best for you. And of course, we wish you the best of luck on your betting journey!

#1 Recommended Sports Betting Site For Sri Lanka

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200% Bonus up to €10,000 + 50 Free Spins

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Online Betting Sri Lanka FAQs

What is the most common type of welcome deal?

The most common welcome deal by far is the deposit bonus, where a certain amount of your first deposit will be matched, up to a certain amount.

How do I find the best online betting sites?

There are plenty of great options in this article and you can use the criteria we have outlined to find a site that best fits your needs.

Do any sports betting sites offer Sri Lankan Rupees as an account currency?

Our extensive research has yet to uncover a site that offers SLR, but using E-wallets will allow you to deposit in any currency.

What is the fastest withdrawal method at Sri Lanka betting websites?

This will vary from operator to operator. However, E-wallet options are usually the fastest. This includes the likes of Skrill and eZ Cash.

Which existing customer deals are offered by the best sports betting websites?

The best sites should offer deposit bonuses for existing customers, “Cashback” offers that reward you for placing a certain number of bets or even deals that allow you to recoup some of your betting losses.