Best Betting Sites in Sri Lanka 2023 – Compare Bonus Offers, Markets & Odds

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Placing wagers at Sri Lanka betting sites is a pastime that is growing in popularity in the Resplendent Isle. However, there are no legally-licensed sportsbooks based in Sri Lanka. And while there are many offshore online sports betting sites that are happy to offer their services to bettors in this country, it can be hard to know which ones you can trust.

In this online sports betting in Sri Lanka betting guide, we’ll be outlining our 10 favourite sportsbooks and explaining exactly why they have caught our eye. We’ll be looking at new and existing customer promotions, special site features, sports betting apps, payment methods, as well as talking about an effective sports betting strategy.

Best Online Sportsbooks in Sri Lanka
Lucky Block Sri Lanka offer logo 15% Cashback For First 7 Days 5 Stars Visit Site
Powbet Sri Lanka offer logo 100% Deposit Bonus Up To ₹8000 5 Stars Visit Site
Dafabet Sri Lanka offer logo 100% Deposit Bonus Up To ₹15,000 5 Stars Visit Site
Bons Sri Lanka offer logo 200% Deposit Bonus Up To ₹ 20,000 5 Stars Visit Site
Fun88 Sri Lanka offer logo 300% First Time Deposit Bonus, Up To ₹3,000 5 Stars Visit Site
CobraBet Sri Lanka offer logo Deposit $10, Get $100 In Free Bet 5 Stars Visit Site
Betindi Sri Lanka offer logo 100% Welcome Sports Bonus Up To ₹10,000 5 Stars Visit Site
Mostbet Sri Lanka offer logo First Deposit Bonus Up To ₹25,000 + 250 FS 5 Stars Visit Site
Lottabet Sri Lanka offer logo Sports Welcome Bonus of ₹10,000 5 Stars Visit Site
Bambet Sri Lanka offer logo Welcome Offer Of 100% Up To $300 + 200 Free Spins 5 Stars Visit Site
In This Guide

The Best Sports Betting Sites in Sri Lanka Ranked

Before we go into more detail about our favourite Sri Lanka betting sites, here are our top 10!

  1. Lucky Block – Crypto sports betting specialist
  2. Powbet – Excellent selection of special offers and features
  3. Dafabet – Well-known and trusted bookmaker
  4. Bons – New sports betting site making a big impact
  5. Fun88 – Industry-leading reload bonus
  6. CobraBet – Lots of Combo Boosts
  7. Betindi – Weekly free bet tokens available
  8. Mostbet – Live Esports streaming
  9. Lottabet – Cricket risk-free bet every week
  10. Bambet – Unlimited accumulator boosts available

Top 5 Sri Lanka Betting Sites

Now it’s time for an in-depth look at our top five Sri Lanka betting sites, including a brief site summary and a list of exactly what we like and what we don’t!

1. Lucky Block – Best Bitcoin Bookmaker

The online betting business has made great leaps forward in the last 20 years, thanks to the growth of live betting and live streaming and the rise of Esports betting. However, the introduction of specific Crypto sports betting specialists is arguably the most interesting development of all. And Lucky Block is one of the best examples of this brand-new sports betting site.

A huge number of digital currencies can be used to fund real money bets at Lucky Block and you can even buy Crypto through the site itself. Furthermore, Lucky Block also has its own Cryptocurrency, $LBLOCK, which can be bought on selected centralised and decentralised exchanges and used to enter exclusive Daily Jackpot Draws.

Best Sri Lanka Betting Sites Lucky Block Live Betting

We’re also delighted to report that betting at the site is a very enjoyable experience. Lucky Block’s unique welcome bonus is one of the best out there, with 15% cashback on all losses for the first seven days after signing up. And the Lucky Block live betting service is excellent, with Esports live streaming and a multi-view feature which allows you to follow multiple events on screen at the same time.

What We Like:

  • Unique 7-day cashback welcome offer
  • Buy Crypto through the site
  • Lucky Block Crypto can be purchased and used to enter Jackpot Prize Draws
  • Football player prop bets and combination markets
  • Excellent football live betting service
  • Live Esports streaming
  • Combo Bet Boosts

What We Don’t:

  • No reload bonuses

 

2. Powbet – Superb Selection of Features and Offers

Powbet is another new addition to the betting scene, having launched in 2021. However, you wouldn’t be able to guess that they are newcomers as Powbet is already one of the best sportsbooks out there, thanks to a superb site design, excellent usability and a great range of matches, markets and special offers.

Powbet has one of the best selections of existing customer deals we have seen, including a cashback deal where 10% of your losses will be refunded every week. There’s also a specific Esports offer available every day, where you will receive 50% of your stake back if your pre-match bet loses. If you place an accumulator bet of a certain amount you will qualify for a free bet the following week. And speaking of Accas, Powbet also offers an Acca Boost, where you will receive a bonus if your accumulator bet is successful.

Best Sri Lanka Betting Sites Powbet Live Esports

Powbet also has some features that are not always available at sportsbooks available to Sri Lankan bettors, including daily price boosts and football, NFL and NBA Bet Builders, where you can combine different selections from the same game into a multiple bet. And there’s even a Bet Builder Insurance offer available, where you will receive your stake back as a free bet if exactly one leg of your Bet Builder is a loser.

What We Like:

  • Eye-catching site design
  • Cashback offers
  • Reload deal
  • Multiple Accumulator deals
  • Bet Builder Insurance
  • Esports live streaming

What We Don’t:

  • Comic book-inspired site design may put some people off

3. 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.

Best Sri Lanka Betting Sites Dafabet Live Cricket

What We Like:

  • Two sportsbooks to choose from within the main Dafabet site
  • Two different deposit bonuses with different wagering requirements
  • NBA and Esports cashback deals
  • Football Bet Builder
  • Mix Parlay Rebate
  • Live streaming across multiple sports, including Esports

What We Don’t:

  • Sportsbook design may be confusing for some

4. Bons – Brand New Betting Site Making a Big Impact

Bons stands out from the crowd immediately thanks to their eye-catching name, inspired by the words Bet ON Sports. And it’s probably a sensible move to have a name that attracts attention, seeing as Bons has only been around since 2020. And they are clearly trying to stand out in other ways too, as not only does Bons offer a very generous 200% first deposit bonus that could earn you up to $2,000, but also a second, third, fourth and fifth deposit bonus too!

Existing customers can also take advantage of Bons’ 12.5% weekly cashback offer, in addition to the daily price boosts that are available across multiple sports. And many Sri Lanka bettors will enjoy the excellent cricket offering at Bons, with lots of pre-match and live betting markets available for matches from both the Major League Tournament and Lanka Premier League.

Best Sri Lanka Betting Sites Bons Football Betting

What We Like:

  • Generous welcome offer
  • Existing customer deposit bonuses
  • Excellent range of cricket betting markets including player bets
  • Daily price boosts
  • Weekly cashback on losses
  • Excellent range of Esports

What We Don’t:

  • No live streaming

5. Fun88 – Exchange 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.

Best Sri Lanka Betting Sites FUN88 home page

What We Like:

  • Four sportsbooks to choose from
  • Exchange betting available in association with Betfair
  • Betting blog
  • 75% reload bonus every week
  • Win cash or an iPhone just for downloading the app
  • VIP Club

What We Don’t:

  • Choosing from four sportsbooks can be time-consuming

How We Rank the Best Online Betting Sites in Sri Lanka

When it comes to Sri Lanka betting sites, there are lots of sportsbooks looking to attract new customers with a wide range of features and special offers. It can be difficult to know which ones to choose, so we have used our years of experience to come up with a specific set of criteria that cover all of the different things that matter most to punters. And using these criteria when deciding on a new sportsbook will help you pick the one that best meets your needs.

  • Betting Markets
    Football and horse racing may be the most popular sports to bet on worldwide but punters are often looking for more than that, particularly in countries such as Sri Lanka where cricket is loved by millions and more niche sports such as volleyball are also hugely popular. So assessing the range of betting markets on a sportsbook is always a big priority for us. And Bons has a fantastic range of sports for you to choose from, as well as one of the best cricket betting offerings we have seen.
  • Features
    What can often separate a sportsbook from its rivals is the extra features they can offer punters. Price boosts, cashback and Bet Builder features not only make betting a more enjoyable experience but can help increase your winnings too. And Powbet is leading the way here with a superb selection of extra features for Sri Lankan bettors to enjoy. And the fact that they offer football, NFL and NBA Bet Builders is particularly impressive.
  • Live Betting
    In-play betting is hugely popular, with all Sri Lanka betting sites featuring a live offering across a wide range of sports. Some in-play services stand out though, such as Lucky Block, thanks to their multi-view feature where you can follow different events on screen at the same time.
  • Live Streaming
    Not all sites that offer live betting include live streaming as part of their in-play service, but the ones that do, such as Dafabet and Mostbetwill definitely stand out from the crowd.
  • Odds
    With such a huge range of sports and markets on offer from site to site, no sportsbook could ever claim to have the best prices across the board. However, when we took a good look at the sites featured in this article, we found CobraBet and Dafabet to have a strong level of betting odds across a large variety of sports.
  • Promotions
    The best betting sites feature new customer deals to encourage punters to bet with them. However, many bettors are just as interested in ongoing offers such as reload bonuses that reward you for making deposits into your account, cashback deals that return a percentage of your betting outlay to you and even rarer offers such as Bet Builder Insurance. And all of these promotions, and more, are available at Powbet.
  • Reputation
    Nothing matters more to us when we write sportsbook reviews than the legitimacy and safety of an online sportsbook. So you can be absolutely sure that any site featured on this page is safe and reliable. However, when it comes to picking from the excellent range of Sri Lanka betting sites, signing up for an established sportsbook that has been trusted by bettors worldwide for many years, such as Dafabet, is always a good tactic!
  • Usability
    With so many sports, matches and markets to choose from, punters need to be able to find their chosen bets in as few clicks as possible. And in our opinion, Betindi and Mostbet are two of the most user-friendly online sportsbooks out there.

Key Features of the Best Sri Lanka Betting Sites

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 Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds
Powbet Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds
Dafabet Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds
Bons Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds
Fun88 Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds
CobraBet Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds
Betindi Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds
Mostbet Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds
LottaBet Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds
Bambet Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & Odds

Best Online Sportsbooks in Sri Lanka 2023 by Category

🏆 Best Overall Betting Site Lucky Block
📊 Best New Sportsbook Lucky Block
💰 Best Special Offers Powbet
📺 Top for Live Betting Dafabet
⭐ Strongest Security Lucky Block
📱 Best Mobile Sports Betting App Fun88
🧩 Top Special Features LottaBet
💰 Payment Methods Betindi
🔁 Best Value Odds CobraBet
⚽ Top Option for Esports Dafabet

Online Sports Betting in Sri Lanka Welcome Offers 

When you create a new account at the best Sri Lanka betting sites, you will always receive a welcome offer. And due to the fact that sites will rarely offer a no deposit sports betting bonus, you will have to deposit and place a bet to qualify. Here is a quick look at some of the different types of welcome offers that are available.

Deposit Bonus

The most popular welcome offer is certainly the deposit bonus, where you get your first deposit matched to a certain degree, often 100% but sometimes less, or even more! There are some generous deposit bonuses out there but beware of the wagering requirements you need to meet before you can cash out the bonus funds.

Top Deposit Bonus Welcome Offers in Sri Lanka 

  • Lucky Block – Unlimited 15% cashback for seven days after signing up
  • Bons – 200% first deposit bonus up to ₹20,000
  • Mostbet – 200% first deposit bonus up to $300

Cashback

In our experience, cashback offers are usually made available to existing customers only. However, a new type of betting site has also emerged that features cashback deals for new bettors. The main feature of the new customer cashback deal at sites such as Lucky Block is that a percentage of your losses will be refunded for the first one, three, or even seven days after signing up.

Top Cashback Welcome Offer in Sri Lanka

  • Lucky Block – Unlimited 15% cashback for seven days after signing up

Free Bet

Occasionally, betting sites with free bets will also offer a free bet instead of a deposit match deal. Generally speaking, depositing a certain amount will be enough to qualify but there are occasions when you will need to place a bet too before you can receive your reward. However, a big advantage is that unlike match bonuses it’s more common to be able to keep the winnings from the free bet without any further betting requirements.

Risk-Free Bet

The closest thing to the no deposit sports betting bonus is probably the risk-free bet, although they are rare! The risk-free bet is when you place a wager on a given market and if it’s a loser you will get your stake returned to you in the form of a free bet. Many punters use this as an opportunity to have a speculative punt at a big price, safe in the knowledge that if things don’t go to plan they can get their money back and start again!

Key Bonus Terms

There are a lot of different conditions that can be attached to betting offers, so as part of this sports betting in Sri Lanka guide, it’s important to take you through some of the key terms associated with new or existing customer deals.

  • Minimum Deposit – There will often be a minimum initial deposit you will need to make in order to get your hands on a given deal.
  • Minimum Bet – Sometimes you will need to make a minimum bet in addition to a minimum deposit, and the important thing to remember is that often these two amounts won’t be the same, so for example you may be required to deposit a minimum of $25 but wager a minimum of $50.
  • Minimum Odds – Often, your qualifying bets will need to be placed at a minimum price in order to receive your bonus. These odds will usually be around even money (Evs) in fractional, or 2.0 in decimal odds. In addition, minimum odds can often come into play when you want to place a wager with your free bet.
  • Wagering Requirements – When it comes to a deposit bonus in particular there will often be wagering requirements (sometimes called rollover requirements) such as 10x, 20x, 35x. This doesn’t mean you have to make this number of bets, just that you need to wager this amount multiplied by your bonus before you can withdraw it. So for example, if you have a $100 bonus with a 20x wagering requirement you will need to place $2000 in bets before you can get to your money. It’s always important to know what the wagering requirement is at the top betting sites because the higher it is, the harder it will be to put a run of successful bets together without losing it all!
  • Expiry Period – The bonus funds or free bets that you get will nearly always have some sort of expiry date, generally seven days but sometimes up to 21. If you do not use them or meet your wagering requirements within this time period, your bonus funds will disappear.
  • Cap on Winnings – Certain offers will have a cap on how much real money you will be able to win.
  • Eligibility Markets – When placing a qualifying bet or using a free bet, there are often certain types of betting markets that will be excluded.

How to Choose the Best Sports Betting Site in Sri Lanka

With so many legitimate sportsbooks available to Sri Lanka bettors, it can be tough to work out which ones are the best online sports betting sites. Although, we think you’ll agree that’s a nice problem to have! And there are also some additional questions you can ask yourself so that you can quickly figure out which sportsbook is the best site for sports betting.

Are Sri Lanka bettors accepted?

If you have been able to gain access to a site then that will generally mean you can sign up from Sri Lanka, but it’s always worth checking before you have a proper look around the sportsbook.

Which account currencies are available?

Sri Lanka is an emerging market when it comes to online sports betting, which means that none of the sites featured in this article currently offer Sri Lankan Rupees as an account currency. However, thanks to E-wallets, you can easily convert your funds into USD, Euros or Indian Rupees and then deposit that way. You just need to decide which currency you wish to use and then check if the site offers it. However, you need to be aware that E-wallets often charge fees to deposit and convert currency.

Are Local Payment Methods Accepted?

Due to the fact that Sri Lankan bettors are highly likely to be using E-wallets to fund their betting accounts, many will be looking to use ones that they are already familiar with, such as eZ Cash, which is one of the most popular alternative payment methods in Sri Lanka. Furthermore, E-wallets such as Skrill, Neteller and ecoPayz are trusted all over the world.

Can I deposit With Cryptocurrency?

All of the Sri Lanka betting sites featured on this page now offer different Cryptocurrency deposit options, meaning that funding your betting account in this way is now a viable option.

Sports Markets Available In Sri Lanka

The best sports betting sites in Sri Lanka have an enormous range of sports to bet on. However, Sri Lankan bettors certainly have a particular passion for certain sporting events, so here are a few of the most popular ones:

Cricket Betting Sites

Cricket iconFrom Jaffna to Galle, one thing that unites Sri Lankans is their supreme love of cricket. And it was a great end to 2022 for the Sri Lankan cricket team, thanks to a dominant victory over Pakistan in the 2022 Asia Cup Final. The next target for the Lions will be qualifying for the 2023 World Cup, set to be held in India in the autumn. Whether they make it or not though, the sport will remain head and shoulders above anything else when it comes to the hearts and minds of the Sri Lanka population. And that extends to betting too, with all the best Sri Lanka betting sites offering a huge number of cricket markets and some offering E-cricket too!

Cricket Betting Tips: As well as focussing on recent team results and individual player performances, you need to dive a bit deeper to find potentially profitable betting opportunities. For instance, look at the ways in which particular players have been dismissed in recent matches and look for trends. For example, is a particular batsman constantly falling victim to spin bowlers or is it the quicks they are struggling against? Has a particular bowler struggled against the team they are lining up against in recent years?

Football Betting Sites

Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & OddsCricket may be the most popular sport to watch in Sri Lanka, but football is also in demand. As one of the best football leagues out there, the English Premier League is hugely popular to watch and bet on all over the world, including in Sri Lanka, where millions of fans tune in to the biggest encounters. And the enormous amount of markets offered on football betting sites also provide a golden opportunity to make a profit.

Football Betting Tips: There are a huge amount of markets relating to specific teams and players, ahead of every football match. And we would recommend varying your bets, rather than just backing the winner of the match every time! Look at handicap betting, total goals, player props such as a particular player to score, or even exchange betting. This will not only keep your betting fresh and exciting but hopefully make you a profit too!

Esports Betting Sites

Best Betting Sites in Sri Lanka [cur_year] - Compare  Bonus Offers, Markets & OddsThere is no bigger growth industry in Sri Lanka when it comes to entertainment than Esports. More and more players are emerging every year and the Sri Lanka Esports Association is determined to grow Esports in the country. And the beauty of Esports is that not only are the games hugely enjoyable to play, but if you like betting on them, you will always find a huge selection at the best Sri Lanka betting sites. And with live streaming at all the best sites, the experience is even more immersive and enjoyable.

Esports Betting Tips: With Esports being such a new betting phenomenon, even the best sports betting sites are facing a very steep learning curve when it comes to setting their odds, which means that by amassing as much knowledge as you can, you can potentially give yourself more of an edge than with more established sports.

Live Sports Betting

Live sports betting simply means placing wagers on a sporting event after it has started. It is also called “in-play” betting and is a hugely popular way to bet on sports because of the increased opportunities it provides to make successful bets. And that’s mainly because you are able to use up-to-date information from a sporting event to make betting decisions, which can sometimes give you a slight edge.

For instance, while watching a football game you could choose to bet on Team A to score next if they are dominating Team B. Or if Team A has a man sent off then betting on their opponents, even at a lower price, could be a great move. Furthermore, live sports betting can add a more immersive element to watching a live match, especially if you are watching a live stream, which is available at some of the Sri Lanka betting sites featured on this page.

Where to Find the Best Betting Odds

When it comes to betting odds, we can’t definitively say which site comes out on top as there are so many markets on offer that it would be impossible to compare each and every one. However, what we can say is that in our extensive experience we have found that the more established bookies tend to offer the most competitive prices, and even if they aren’t the best in class for every event you can bet with confidence that they won’t be far off!

Here are our three favourites:

  • CobraBet – 100% first deposit bonus up to €100
  • Dafabet – 170% first deposit bonus up to ₹17,000
  • Fun88 – 200% first deposit bonus up to ₹15,000

Payment Methods Available at Sri Lanka Sports Betting Sites

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.

Payment Method Fees Min Deposit Min Withdrawal
Credit Card/Debit Card 0% $50 on average $50 on average
E-wallets 0% (E-wallets may charge you at their end) $20 on average $20 on average
Bank Transfer N/A N/A N/A
Cryptocurrencies 0% 0.0001 BTC on average 0.00045 BTC on average

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 –15% cashback for the first seven days after signing up

Best Sri Lanka 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 bonus up to ₹15,000 Visit Site
Dafabet iOS & Android 170% first deposit bonus up to ₹17,000 Visit Site
Betindi Android 100% first deposit bonus up to ₹10,000 Visit Site

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

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!

Best Sri Lanka Betting Sites Dafabet Home Page

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!

Best Sri Lanka Betting Sites Dafabet Signup

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.

Best Sri Lanka Betting Sites Dafabet Deposit Options

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.

Best Sri Lanka Betting Sites Dafabet Football Betting

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”.

Best Sri Lanka Betting Sites Dafabet Volleyball

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.

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

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!

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FAQs

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