Best Ethiopia Betting Promotions

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Best Bets in Ethiopia

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Best Ethiopia Betting sites

Welcome to EthiopiaBetting.com – the number one betting information site in Ethiopia, helping you to find the best betting sites in Ethiopia, and the best betting bonuses.

There has been a massive surge in the number of betting sites in Ethiopia. The most popular betting sites at the moment in Ethiopia include ChatKi, Betika, Vamos Bets, Arada Bet, Hulu Sports, Qwickbirr, Harifsport and Dash Bet.

Ethiopia Betting Bonuses and Promotions

As is common in the betting industry, betting sites offer bonuses to entice customers to register as well as to entice them to deposit and play more. Ethiopia is no different and the betting sites are slowly starting to offer the same. The most common betting bonuses include first deposit (or welcome) bonuses, loyalty bonuses, multibet bonuses, as well as weekly promotions.

about Online Betting in Ethiopia

Sports betting is a recent phenomenon in Ethiopia and while legal since 2012 the industry is still fledgling and there is a massive gap in the market.

There has been an assortment of sportsbook operators have tried to establish a market share but most have failed to deliver.

When compared to other African countries such as Nigeria, Kenya, Zambia, South Africa, Mozambique etc, the online sports betting market is still low. However, over time Ethiopia has the potential to challenge these as one of the top 3 betting markets in Africa.

There is approved sports betting in Ethiopia and according to an agreement between the National Lottery Administration, all betting companies are obliged to give 20% of their net profits to sport institutions and clubs.

The older Ethiopia betting sites like Abyssinia Bet, Anbessa Bet and GLX win, are making way for the new sites, such as Hulu, Vamos, Habesha, BestBet & Betika etc. These new betting sites use the latest technology, offer more betting products and bring a modern look to the sector. Retail still remains the main driver of bets in Ethiopia, but online is growing consistently.

All forms of sports betting in Ethiopia is legal and under the regulation of the National Lottery Administration.

The first sports betting site ever in the country was founded in 2012, but Dagoo Sports shut their doors shortly thereafter. Ethiopia can be a difficult market to operate in, as taxes are very high and complex, payments can be a challenge and government intervention often creates confusion.

What do players bet on in Ethiopia

Betting on soccer has always been and will continue to be the most popular sport to bet on. The main leagues are favoured (EPL, Bundesliga), but the local league (Ethiopia Premier League) is also extremely popular. After soccer, players also like to bet on basketball.

Recently other betting products have become popular such as crash games (Aviator) and virtual games.

How to deposit at betting sites in Ethiopia

The main way of depositing into online betting sites used to be via bank deposits. However, the government has made that impossible. Mobile money is taking off and so most players are now depositing using Telebirr, or using a payment aggregator like Chapa or Satimpay.