Club Universitario de Deportes
Born in Chincha Alta, Bailetti began playing football with Porvenir Miraflores. He joined Club Universitario de Deportes in 1968, and helped the club to two Peruvian league titles and a runners-up finish in the 1972 Copa Libertadores. He joined Defensor Lima in 1974, helping the club reach the semi-finals of the 1974 Copa Libertadores.