Baloto

 

10+ Reputable Baloto-Friendly Casinos for Colombia

Online gambling in Colombia is legal, allowing the local players to wager in the locally licensed brands, as well as in a plethora of international lobbies. This means that all that’s left to figure out is which of these 100s of great gaming platforms accept payment methods convenient for Colombia, especially the prepaid voucher Baloto. It is used by more than half of the local population, which makes it a necessary option in the cashier for all the online lobbies targeting the country.

 

With this, quite a few other questions pop up. Does Baloto work both for deposits and withdrawals in online casinos? What are the minimum limits for both of these operations? How fast will funds reach accounts? Finally, are there any welcome bonuses compatible with Baloto deposits? We provide answers to all of these questions along with the links to the recommended and licensed websites. Scroll down for all the inside scoop.

 
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Best Baloto Casinos

There are more than ten great online operators in our database accepting Baloto and Colombian players. Neither of these is a locally-licensed brand, but with Colombia’s liberal laws towards online gambling, its players can freely deposit and play online in the international lobbies.

 

The list of our recommendations includes Play Million, an established online operator with a license from the Malta Gaming Authority and more than nine years of experience. There are more than twenty language adaptations for this platform, as well as 100s of great games.

 

Another MGA-licensed online operator friendly to Colombians and Baloto is Euro Palace. This is a hybrid platform with games and a Bingo room. Its key content supplier is Microgaming. The lobby covers lots of slot machines, non-live table games, and instant win releases. Cashout limits at Euro Palace reach 20,000 Euros or the equivalent in any of its fifteen accepted currencies.

 

You can also take a look at the services of Queen Vegas. This Malta-licensed place to bet and win has been around since 2011 and accumulated lots of positive feedback from its registered members. The platform is powered by SkillOnNet, and its list of content suppliers also includes Williams Interactive, NetPlay TV, and Next Generation Gaming among many other studios.

 

Before we direct you to the full list, we would also like to mention Slots Magic, with its 20+ language adaptations, games from SkillOnNet, Net Entertainment, Williams Interactive, and Evolution Gaming, and great feedback from the gambling community.

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Baloto Facts and Figures

Introduced less than a decade ago, Via Baloto currently dominates the Colombian market. 85% of the residents admitted they are using the services of the voucher. It is included in the cashiers of over 10,000 vendors, and there are over 6,000 recharging points across the country. On average, the system processes up to 800,000 payments per day.

 

Via Baloto is both a lottery and a payment service developed and maintained by the EBANX bank. This brand was established in 2012 by the three businessmen. EBANX itself then successfully moved into most of the countries of Latin America, while Baloto remained strictly a Colombian method. it operates only in the local currency.

 

What are the peculiarities of Baloto?

Once issued by the vendor, Baloto is e-mailed to the customer as a set of digits that have to be entered into any of the offline kiosks. The voucher is valid for three days.

 

Because this is a single-use voucher not tied to any bank accounts, with this come a few downsides, such as no chargebacks, refunds, and recurring payments.

 

On the other hand, there are pros, too, The main one is that when using the voucher instead of the card online, you won’t need to expose sensitive information, such as the security code of the card. 

 

Also, limited depositing means that you can be in control of your funds and steer clear of impulsive additional depositing in case you lose more than you planned.

Name
Baloto
Type
Voucher
Year Founded
2012
In casinos for depositing
13
In casinos for withdrawal
3
Website
http://www.viabaloto.com/
Countries
Colombia
Currencies
COP
Other fees
Not found
Limites: transaction min
5000.00
Limites: transaction max
1000000.00
Other Limits
Para hacer uso de nuestro canal VÍA, tu pago o abono tiene un límite ... Pago de créditos y tarjetas de crédito: Hasta $500.000 COP por transacción El valor mínimo de pago aceptado por nuestras terminales es de $5.000 COP y máximo $1.000.000 COP.
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Best Baloto Bonuses

Normally, online operators do not allow deposits submitted via any form of the prepaid voucher. Unfortunately, this is also something neither of the brands would list explicitly under the promo banner. This is why a good rule of thumb is to always check the terms and conditions of a welcome or any other promotion prior to depositing with Baloto if the plan is to play with the bonuses. Plus, it is a good idea to be aware of the rules and regulations that the selected online operator attaches to its promotions.

 

While prepaid vouchers are usually not the best payment option for fans of bonuses, there are a few online casinos that run special propositions motivating players to use these vouchers.

 

The typical list of offers would be a welcome bonus or a welcome package on two or even more initial deposits. There may also be free spins, as well as quite a few ongoing propositions for the registered regulars. 

 

Newbies of Play Million can explore a cash match between 100% to 50% on three initial deposits. Euro Palace offers a 100% cash match on each of the three initial deposits for the freshly registered accounts. At Queen Vegas, you can count on a single deposit cash match, both its wins and the promotional money can be cashed out.

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FAQ

FREQUENTLY ASKED QUESTIONS


Is Baloto strictly a Colombian payment method?

Currently, this is the case. Its parent company, EBANX bank, does business in other countries of Latin America, including Brazil, Mexico, Argentina, Chile, Peru, Ecuador, and Bolivia, so maybe, one day, either of these countries may offer Baloto, too.

Does Baloto work both for deposits and withdrawals in casinos?

No, with this payment method, you will only be able to deposit in a casino, while cashouts have to be processed by any other method available in the cashier.

Would a casino allow depositing with Baloto and withdrawing by any other method?

This is possible when it comes to vouchers because all of them work only for deposits and the team of the casino that sets up banking realizes it. A bit of an extra effort may be needed when switching between the methods within the account, but there is nothing you won’t be able to solve with the assistance of the help desk representatives.

How soon will I be able to play after depositing with Baloto?

Gaming for real money becomes available immediately after you recharge your account using the numbers from the voucher. The cash is added to the account instantly.

Is online gambling legal in Colombia?

There are certain rules in place, however, online gambling in Colombia is legal, allowing players to wager in locally registered lobbies, as well as in the internationally-targeted platforms.

What is the minimum deposit with Baloto?

The voucher’s minimum is the local equivalent of 0.30 cents. However, casinos-wise, minimum deposits usually start at 10 to 20 Euros.