Mexico is one of the biggest countries in the world with a population more than 100 million, so it’s normal that there are many gamblers there who want to bet using their currency – the Mexican Peso. Most people think that bookmakers would love to tap into such a big market and let Mexicans deposit in MXN, but the reality is very different. We don’t know why, but most big bookmakers don’t have this option, so Mexican gamblers have to use American Dollars or another popular currency to make deposits. In this article, you will find which gambling sites do offer this currency, how you can deposit there, and are there any specific gambling tax laws in Mexico.
Where can you bet using Mexican Peso?
|Bookmaker||Founded||Jurisdiction||Bonus||Min. Bet||Max. Bet||Grade||Review|
|2000||UK||Up to £100 in
|New Customers only. Up to £100 in Bet Credits. Sign up, deposit £5 or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply.|
|1999||United Kingdom||£100||£2||No max||
|T&C: New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.|
|1997||Malta||Bet £20 Get £40||£0.01||Varies||
* T&C’s apply. Click on Bet now to view the offer!
Gambling Tax in Mexico
The topic of gambling laws is heavily discussed in Mexico, but that’s mostly between the government and casino owners. At the moment, punters who gamble online don’t have to pay tax on their winnings, however, this isn’t a permanent situation and things could change very quickly.
Still, tax collection from gambling has been a complicated process in countries where that’s allowed, and most people end up not paying this tax. A similar situation can happen in Mexico if the government decides to introduce this tax.
What payment methods should people who want to deposit in Mexican Pesos use?
Thankfully, you have a broad range of deposit options to choose from when using Mexican Pesos at Stan James.
We think that Neteller would be the best choice for you because if the government introduces gambling tax on winnings, it will be very easy for them to see the withdrawals you made from the bookmaker directly to your bank account. With Neteller, however, this won’t be possible, so there’s no risk in it.
Entropay provides similar services, but we think that Neteller is just better. That also applies to Click2Pay, which is another option you can use to deposit and withdraw money at a bookmaker.