List of bookmakers in Armenia

Betting in Armenia

Bookmakers from the British Isles are considered the best in modern betting, and not only according to players from Western European countries. It was English bookmakers who were the first to accept bets on sporting events and horse racing. Among the modern TOPs, you can find bookmakers with a hundred-year history.

History of online betting in Armenia

Until recently, gambling was widespread in Armenia outside of official regulation. However, with the establishment of gambling legislation in the country and the creation of relevant regulatory bodies such as the National Gambling Commission, much has changed.

Sports betting has become a popular form of gambling in Armenia in recent years. The internet and mobile platforms have also contributed to the spread and ease of access to betting shops.

Despite this, the exact history of the emergence of betting in Armenia may remain uncertain due to the lack of documented sources and limited availability of information on the beginnings of the industry in the country.

Key factors when choosing a bookmaker

Deposit and withdrawal options are one of the key factors that new players in the Albania consider when choosing a bookmaker. But they are far from the only ones. Our research shows that below are the five most important factors Albania punters consider when choosing an online betting site:

1. Secure transactions
2. A trustworthy reputation,
3. Free, easy and fast transactions,
4. Favourable / generous bonuses
5. Wide range of sports to bet on

Just like deposit and withdrawal options, the legal environment also affects which sports you can bet on.
Online betting sites tend to offer a wider selection of sports than retail bookmakers. Before choosing a bookmaker, look at what sports they offer, how in-depth they cover each one, whether they have the types of bets you want to place, and how their odds compare to the competition.

When it comes to reputation, don’t stop at word of mouth. Read our detailed bookmaker reviews and search the various sites on the AlbaniaGC’s public register. As mentioned above, the AlbaniaGC tracks all sanctions imposed against betting sites and keeps detailed records of complaints filed against them.
Finally, when comparing bonuses, current legislation requires betting sites to state all applicable terms and conditions. You are required to read the fine print. If you believe that a bonus was misleading or that a bookmaker has falsely advertised an offer, you can make a complaint to the AlbaniaGC.

How popular is sports betting in Armenia?

Sports betting in Armenia has become much more popular in recent years, especially with the development of online betting. Major cities such as Yerevan are seeing an increase in the number of bettors, especially among young people.

Football remains one of the most popular sports for betting. Local and international leagues, including the Armenian Championship and European tournaments, attract a lot of attention from Armenian bettors.

Boxing and wrestling also enjoy considerable popularity as betting destinations. The success of Armenian athletes in these disciplines stimulates interest in these sports and betting on them.
The development of online betting allows the residents of Armenia to easily and conveniently bet on sports from home or from mobile devices. This factor significantly contributes to the growing popularity of sports betting in the country.

How betting is regulated in Armenia

Even years after the country’s independence, there were no laws regarding betting and other gambling. However, as sports betting began to gain momentum in the country, Armenian authorities eventually introduced a “Lotteries Law” in 2003.

The Ministry of Finance was named as the official regulatory body, which was also tasked with issuing licences to both online and land-based operators. In terms of taxation, a 70% tax was initially imposed on operators. However, in 2016, the ‘Tax Act’ stated that all gambling activities were exempt from VAT.

However, there are now new plans in place. More specifically, the Ministry intends to introduce a tax model based on each betting shop’s revenue; or a licence fee of around $1.2 million per year (instead of taxing them). Currently, the most popular licensed betting shops are TotoGaming, Vivarobet, Goodwin Armenia and Adjarabet am.

However, with such a complex licensing system, it is not surprising that big international brands prefer not to apply for a local licence. Moreover, despite the lack of measures against unlicensed bookmakers, players in Armenia continue to choose unlicensed offshore operators.

? Country	Armenia
? Currency	Euro
⚽ Popular Sports	Football, Basktball, Volleyball, Boxing, Weightlifting
? Most Popular Payment Methods	Visa, MasterCard, Paysafecard, Skrill

Top 5 casino sites in Armenia

Melbet

Betting on sports at Melbet

At Melbet online bookmaker you can enjoy many different sports from many different countries, as the most popular sports and leagues are available, but there are also some not so popular once. You can even bet on the lower leagues of countries such as second or third.

Melbet offers a wide range of bets on different sports:

1. Football,
2. Cricket,
3. Basketball,
4. Volleyball,
5. Long-term bets,
6. Ice Hockey,
7. Boxing,
8. Chess,
9. Motorsports,
10. Darts,
11. Horse Racing,
12. Table tennis,
13. Tennis,

As with many others, you can view the full list of sports by clicking on the “Sports” section in the main navigation menu, after which all sports will be organised for you on the left hand side.

Campeonbet

Campeonbet is a well-known gaming brand that has customers from all over the world. The brand is known for having a top-notch online casino, a betting shop where customers can find a variety of options, and an industry-leading promotional section.

Campeonbet’s sports catalogue is excellent. The gambling site offers players access to both well-known and obscure sports. There are also plenty of seasonal games here, divided by country and league. All you have to do is choose your sport and start following the events related to the game.

Even with multiple sports available, a gambling site like Campeonbet needs excellent betting coverage to make sports gambling effective. With that in mind, here’s detailed information on odds, markets and bet types to help you determine if the site is really as interactive as advertised.

Types of bets

A thorough analysis of Campeonbet reveals that the bookmaker offers average bet types. There can be over 300 betting options per event. If you are a football fan, you should expect bet types such as total goals, double chance and goal handicap. These options make it easy to predict the match, thereby making sports gambling easier to manage.

Sports markets

On the other hand, Campeonbet covers various sports markets. Therefore, you should pay attention to the local and global markets. For example, you will find EPL events and UEFA Europa League football matches. You will also find MLB Outright for baseball. The idea is that customers can access any tournament, be it regional or global.

Bitsler

Bitsler has been on the market for the best part of a decade, having first made money in 2015. As such, it is one of the oldest cryptocurrency bookmakers with a fantastic reputation. Oyine N.V. is the operator and operates out of Curaçao. Bitsler features a variety of sports and cyber sports, as well as a cryptocurrency casino.

Bitsler is a great cryptocurrency betting site filled with all the events that the world of sports has to offer. Analysing match stats and betting is an enjoyable experience thanks to the stylish layout, as well as some really cool cryptocurrency dice games and a pretty good casino.

Ivibet

Ivibet is a new betting company founded in 2022. It is operated by Chestoption Sociedad de Responsabilidad Limitada and is licensed by the Costa Rica Gambling Authority. The bookmaker accepts players from over 70 regions, including India, Brazil, Austria, New Zealand and Canada.

The betting platform, operated by Soft-labs, offers thousands of monthly fixed odds events, over 150 football markets and full and partial withdrawals.

If you are one of those punters who prefer to bet on different sports, Ivibet is the place for you. Currently, this quality betting site offers exactly 34 different sports. Of course, all the most popular sports are present, such as football, tennis, basketball and UFC. You can also bet on handball, water polo, Formula 1, Moto GP and many other sports.

What we particularly liked was the high-quality cyber sports offering. Players who prefer to bet on CS: GO, Dota 2 or some other tournaments have the opportunity to take advantage of the offer of a licensed Curacao betting site in this segment.

Bet365

The bet365 bookmaker is one of the most comprehensive in the industry. In fact, at the time of writing, their A to Z menu lists 37 sports, but that number may increase in the future. Not only does this bookmaker cover the most popular sports in great detail, but they also do a great job of catering for the needs of those who are into more specialised sports such as ski jumping, volleyball and various motorsports. Essentially, there is something for everyone here.

Even for pre-season friendlies, a number of enhanced bets have been provided, allowing me to create a bet constructor if I wish. Available markets include Asian lines, corners, goals, card, player and special offers.

What’s more, as we enter a new football season, bet365 is now offering a wide range of open markets. While the more popular leagues are described in more detail with more options, you can also bet on division winners around the world. Special offers on the Ballon d’Or and transfers are also available.

Whilst their coverage is excellent, it wouldn’t make much sense if bet365’s margins were below par.

Cybersports

Once again, bet365’s coverage of events is excellent. You’ll be stunned by the sheer volume of cyber sports markets available compared to other bookmakers. You can bet on Overwatch, League of Legends, Rocket League, Counter-Strike, Crossfire and PUBG events with this bookmaker. It seems like every cyber sports event around the world is covered by bet365.

The bookmaker also offers enhanced odds and allows you to bet on futures markets and the clear winners of tournaments. The markets offered on individual games are small, but in the end, they may not give you much.