Sports Betting In Malaysia

Sports Betting In Malaysia: Tips for the Novice

Sports Betting In Malaysia

As is common in Asian countries, there is a great fondness for gambling and sports betting in Malaysia. Malaysian punters usually bet on the most important sporting events worldwide. However, it is not legal to bet on sports in Malaysia. Moreover, gambling is a concern for the government. This is because a large part of the population is Muslims, so they are prohibited from betting by the Sharia Law.

Thus, are you a novice punter, and you want to make money by sports betting in Malaysia? Then, it will be better for you to know the following essential sports betting tips.


How To Bet On Sports In Malaysia

These restrictions have caused a considerable rise in illegal gambling activity. It produces around 20-billion dollar every year. Tourists and non-Muslim minorities can bet in Malaysia through the licensed company Ascot Sports. There you can place wagers on soccer, golf, basketball, tennis, and motorcycle racing. Regarding Malaysian residents, they only can place bets through online bookies. If you are one of these punters, you can use reliable sports betting sites without problems. That is, sites with an international license for gambling. This way, you won't have issues since these websites operate legally. They are also outside the jurisdiction of the Malay government.

Asian online bookies are one of the good options bettors can handle in Malaysia. These websites accept a wide variety of currencies, including the Malaysian ringgit.

Another option for Malaysian bettors is to use European bookies. In this case, making deposits is not so easy. You have to resort to e-wallets like Neteller or Skrill. It is a good idea to register at several betting sites. This will allow you to check different sports and odds so that you can choose the most convenient. Also, you can make use of the bonuses and promotions of several websites.


Likewise, to bet on sports in Malaysia, you must know the Malaysian odds.

This odds format expresses odds in positive or negative values. Asian bookmakers usually use it. Negative odds means you're at the presence of an underdog. So, it has a winning probability lower than 50%. But, if you see positive odds, that bet has a winning chance superior to 50%. Another important aspect is your identity's verification in these online betting sites. Every reliable online betting site will ask you to verify your identity as part of the registration process. To do this, you will have to deliver an ID with your photo and maybe a utility bill under your name.

Regarding banking options, Malaysians have many good alternatives. They can use PayPal, one of the best-known money transfer operators around the world. This online service is very used among bettors who like sports betting online. PayPal allows you to make deposits and withdrawals in a fast and safe manner. Besides Paypal, other popular options are Neteller and Skrill. Such as PayPal, these are e-wallets accepted by almost every online bookie.

Finally, remind that using recognized betting websites is very important for your security. In this regard, a good reputation is a determining factor when it comes to select your online bookies.

So, using European licensed online bookies is the safer option Malaysians can have to sports betting.

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