Best Uzbekistan Bookmakers 2021
Bookmakers in Uzbekistan
The betting market has been developing not only in Europe but also in the CIS. Uzbekistan is one of the largest market representatives of the CIS and Central Asia. Sports betting services are provided by European bookmakers that operate under an offshore license issued on the Isle of Man, in Curacao etc.
Both internationally-licensed Russian and European bookmakers operate in the country. Despite the different licenses and origins, players’ requirements for betting companies remain the same: reliability, a broad range of events and prop bets, and a user-friendly website with withdrawal options.
Legality of the Bookmaking Business
Uzbekistan is one of the few countries where gambling is completely banned. Only lotteries are allowed in Uzbekistan, while casinos and bookmakers are prohibited countrywide.
The year 2020 has become a turning point for betting in the country, since bookmaking will become legal in Uzbekistan starting January 1, 2021. It will take time for local bookmakers to be established in the country, but there are international bookmakers that accept bets on sports online.
The licensing authority will be the Capital Market Development Agency. The Republic of Uzbekistan is adopting the experience of neighboring states where legal bookmakers pay taxes and have a positive impact on sports development, as they sponsor most sports events and teams.
How to Choose a Bookmaker for Betting
There are no local bookmakers in the region, but there are international ones. The most famous betting companies that accept bets in the local currency are MostBet, 1xBet, PariMatch, RioBet, MarathonBet, and MelBet. All bookmakers accept bets in Uzbek sum as well as other currencies. The choice is made by the customer.
The Bookmaker Expert website presents the best bookmakers accepting players from Uzbekistan. When compiling these ratings, we took the following factors into account:
– Possession of a license, in this case, issued by Curacao, the Isle of Man, Gibraltar, or Malta authorities. As of January 2021, local betting companies will join the existing bookmakers, but at first they will be losing out to well-known brands.
– The option to open an account in the national currency.
– Time needed to process bets and withdrawal requests. It usually takes no more than 12 to 36 hours to process a request and transfer funds. There are bookmakers that offer instant withdrawal of winnings.
– Availability of customer support and communication methods.
The existence of mobile applications is also an important factor for simplify operating activities and accepting bets online.
Only online bookmakers are available In Uzbekistan, but local betting companies will be able to open betting shops beginning in 2021.