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|
|1999||United Kingdom||£30||£2||No max||
There is only one bookmaker which allows people in Mexico to use the Mexican Peso, and that’s bet365. That is probably less surprising, considering that they have the biggest range of currencies available amongst all betting sites. That’s one of the reasons why we have ranked them so highly in our bookmaker reviews.
Bet365 – Considering the fact that they are the only gambling website which offers MXN, it’s a relief to hear how many different deposit options they have, for example, Ukash, Neteller, Entropay, Click2Pay, DineroMail, cheque, wire transfer, credit and debit card. Withdrawals can be made using the same services except DineroMail and Ukash. It’s highly unlikely that you won’t find a deposit option that suits your needs at bet365. Gamble with your pesos on Bet365!
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 bet365.
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.