🇵🇦 Sports Betting in Panama – Compare the Best Betting Sites 2025
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Welcome to BigBettingSites.bet – your reliable guide to sports betting in Panama, where internet gaming has been officially permitted since 2002 under Resolution No. 65, and the Panama Gaming Control Board oversees licensing and regulation of both domestic and offshore platforms. Panamanian bettors enjoy strong protections and access to both local and global sportsbooks, with boxing, football, horse racing, and basketball as top betting markets.
We help you discover top-rated platforms, the latest bonus offers, supported payment methods (including crypto), and key legal information.
🥇 Top Sports Betting Websites in Panama with Bonus October 2025
Betting Sites
Promotion & Bonus
Register
🇵🇦 Betcris Panama – Up to $100 Free Bet + Local Sports Coverage ✓
Officially licensed & widely recognized brand in Panama ✓
Specializes in LATAM sports like baseball, football & local leagues ✓
Supports local payment methods incl. credit cards & cash deposits ✓
Offers competitive odds, live betting & Spanish-language support ✓
🇵🇦 1xBet Panama – 100% Bonus up to $100 + 150 Free Spins ✓
Global sportsbook with LATAM market focus ✓
Live betting, streaming, esports & casino with 8,000+ games ✓
Accepts USD, crypto, and local-friendly payment options ✓
🇵🇦 Bet365 Panama – 100% Sports Bonus up to €/$100 in Bet Credits ✓
Sportsbook & Trusted Operator in Panama, licensed by Panama Gaming Control Board since 2002 ✓
Offers sports betting, odds, promotions, local user base in Panama ✓
Supports Spanish interface, local currency & local payment methods ✓
Highly trusted, wide brand presence in Panama ✓
#AD | T&Cs apply, bonus only for new customers, minimum deposit required ✓
🇵🇦 Melbet Panama – 100% up to $100 Sports or $1,750 Casino + 290 FS ✓
Diverse sportsbook with pre-match, live betting & virtuals ✓
Supports Latin American currencies & popular local payments ✓
Over 7,000 games including live dealers, jackpots & slots ✓
🇵🇦 22Bet Panama – 100% Bonus up to $122 for Sports or $300 + 150 FS ✓
Offers 60+ sports markets including football, MMA, & baseball ✓
Full Spanish interface, crypto-friendly, fast withdrawals ✓
Accessible to Panama users via offshore license ✓
🇵🇦 20Bet Panama – 100% Bonus up to $100 for Sports or $120 Casino + 120 FS ✓
Mobile-optimized international brand, supports Spanish ✓
Bet on 50+ sports, top leagues, live betting & bet builder ✓
Crypto, cards & LATAM-friendly e-wallets supported ✓
🇵🇦 Betwinner Panama – 100% Sports Bonus up to $100 or Casino up to $1,500 + 150 FS ✓
Extensive sportsbook & casino with high limits and quick cashouts ✓
Spanish site, accepts crypto & LATAM payment systems ✓
Covers 50+ sports and 6,000+ casino games ✓
🇵🇦 Ivibet Panama – Sports Bonus 100% up to $150 or Casino up to $300 + 170 FS ✓
Modern sportsbook with wide coverage of global sports ✓
Supports payments in USD, crypto & e-wallets ✓
Spanish language interface and mobile-friendly ✓
🇵🇦 MegaPari Panama – 100% Bonus up to $100 + up to 150 Free Spins ✓
Popular in LATAM due to generous promos & fast payouts ✓
40+ sports, 10,000+ games including crypto titles ✓
Spanish version available with BTC, ETH, and fiat options ✓
🇵🇦 Vave Panama – 150% up to 1.5 BTC + 100 Free Spins ✓
Crypto-first platform for sports, esports & live casino ✓
10,000+ games, fast payouts, Spanish site version ✓
Accepts BTC, ETH, USDT & more ✓
🇵🇦 Stake Panama – Crypto Sportsbook & Casino with Live Streaming ✓
Supports Panama soccer leagues & local markets (e.g. Panama Soccer) ✓
Stake
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Accepts multiple currencies incl. crypto; fiat support depends on local payment options ✓
Offers live betting, HD streaming & casino games ✓
Multilingual interface (Español, English, Français, etc.) ✓
Bet365 – Global bookmaker offering live streaming, broad sports coverage, and diverse payment options.
1xBet – Accepts credit cards, e-wallets, vouchers, and crypto; known for football and esports.
Codere, Betcris – Licensed in Panama, strong regional presence and supporter of local football.
22Bet, Melbet, Stake – Offshore platforms favored for competitive odds, crypto acceptance, and esports.
📌 Note: Panama allows both domestic and foreign betting sites, with locals enjoying all forms legally.
⚖️ Legal Status of Sports Betting in Panama
The sports betting sector in Panama operates under a clear, regulated framework:
Legal Framework: Land-based gaming was privatized in 1998, and Resolution No. 65 (October 2002) legalized internet gaming, subject to licensing by the Gaming Control Board
Regulator: The Junta de Control de Juegos (Gaming Control Board) issues long-distance gaming licenses, including internet platforms
Licensing & Fees: Operators pay a one-time US $40,000 licensing fee plus US $20,000 annually
Residency Restriction: Panama-licensed online operators cannot accept bets from Panamanian residents, safeguarding local brick-and-mortar interests
Age Limit: Minimum age requirement is 18
Player Taxes: Winnings are untaxed; operators are taxed on revenue
💡 Panama licenses distinguish between resident and non-resident play—verify your operator holds a valid Panama Gaming Control Board license before betting.
🛡️ Responsible Gambling & Player Protection
Licensed platforms must offer self-exclusion, deposit limits, session alerts, and KYC/AML protocols.
Offshore operators also provide similar tools, though without local oversight.
Yes, both land-based and licensed internet gaming have been legal under Resolution No. 65 since 2002, though locals cannot bet online with Panama-licensed operators.
BigBettingSites.bet is a dedicated team of iGaming researchers and analysts who specialize in comparing the best betting sites across the globe. From local regulations to market trends, the team provides in-depth reviews, regional insights, and expert analysis to help bettors find the safest and most rewarding sportsbooks in their country. Whether you're in Europe, Asia, Africa, or the Americas – BigBettingSites.bet helps you navigate the betting landscape with confidence and clarity.
