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Best Betting Sites in Malaysia
When it comes to finding sports betting sites in Malaysia, choosing the right betting site is crucial for a safe, enjoyable, and rewarding experience. Gambling in Malaysia is not devoid of complexities. The country's gambling industry is filled with both legal and illegal forms. As it stands, online gambling and all forms of sports betting are illegal, whereas lotteries, horse racing, and casino gaming are legal in the country. However, there are sports betting markets that players in the country can explore. Even without the existence of online bookmakers in Malaysia, players can still pick out a sports betting site and enjoy placing bets on sports.
Sports Betting Regulation in Malaysia
The Malaysian gambling scene dates as far back as the 19th century. Since then, the country has had a complex relationship with the gambling industry. Based on current laws, only licensed and authorized operators can provide gambling activities to players.
In Malaysia, Gambling is regulated by the Unit Kawalan Perjudian, which is the Betting Control Unit of the country's Ministry of Finance. Lotteries are controlled under the 1952 Lotteries Act. Additionally, the country has one legal land-based casino, which was set up in the 70s.
Other forms of legal gambling activities include horse racing betting and casino gaming. All forms of online gambling and sports betting are technically illegal, according to the 1953 Betting Act and Common Gaming Houses Act. It is good to note that illegal gambling in the country can attract a penalty of a minimum of 6 months of jail time and a fine of RM 100,000.
Despite the existing punishment for illegal gambling, offshore online betting sites continue to provide players in Malaysia with betting opportunities. Badminton and football betting are among the most popular in the online sports betting Malaysia market. Many international sports betting platforms provide competitive odds to players. Sports bettors can engage in pre-game or live betting, download online bookies' mobile apps, deposit in Ringgits, and claim bonuses.
Key Facts & Stats About Betting in Malaysia
According to a report from Statista, the betting market is projected to hit a revenue of about $6.1m with a year-on-year growth rate of 11.30%.
How to Pick the Best Malaysian Bookmaker
Step
1
Security and License
Step
2
Betting Features and Market Coverage
Step
3
Bonus Offers and Promotions
Step
4
Payment and Terms
Free Bets & Betting Offers in Malaysia
Free bets and betting offers are promotions offered by betting sites to attract new customers and reward existing ones. These promotions provide opportunities for bettors to place bets without risking their own money or to receive additional bonuses on top of their deposits. Some common types of free bets and betting offers in Malaysia include welcome bonuses, deposit bonuses, free bets, cashback offers and enhanced odds. Take a look at the bookmakers we've listed for you and you'll find excellent promotions for your next betting journey.
| Betting Sites | Free Bets/Betting Offers |
|---|---|
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100% up to $100 |
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225% up to $450 |
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100% up to $200 |
How Do We Compare and Rank Betting Sites in Malaysia
License/Security
Whenever we want to rank and compare sports betting companies that provide live and virtual sports betting opportunities to players, we check the licenses they hold. We do this to ensure that the site can be trusted. Aside from that, we evaluate the security system. In this case, we pick out the top sports betting sites with impressive security and licenses from top jurisdictions.
Welcome Offer
Promotions & Free Bets
Odds & Value
Popular Payment Methods for Malaysian Betting Sites
When you go online to bet, you must take the time to find payment methods that will enable you to place bets on sports without stress. These options must be easy to use and secure. Even though sports betting in Malaysia is illegal, it still helps to find payment options that are convenient for players in the country. That way, when you take the time to play at betting sites, Malaysian punters join, you can get very competitive odds and have access to the best payment methods.
E-wallets
When you choose the best sports betting app, you can use different payment options to deposit and withdraw, and e-wallets are among the most popular options. Since e-wallets allow players to easily complete transactions at top betting sites without requiring debit/credit cards, they've become a popular option players use to deposit and withdraw whenever they want to bet on different sports. These options are perfect for placing a bet online because once you have a fully funded wallet, you can complete transactions without stress. If you want to bet on sports in Malaysia, you should consider e-wallets. Here are some top e-wallets you may use to bet at online bookmakers that accept Malaysian players:
Cryptocurrencies
Gambling anonymously is one of the best ways to enjoy betting in Malaysia. Fortunately, crypto is legal in the country. Therefore, players can take advantage of crypto betting sites. They can join these sites that allow them to play without restrictions. All you need to do is create an account and fund using any popular crypto token. After that, you can start playing. Some of these sites don't even require you to verify your information. So your information is safe and secure. You can bet on the English Premier League, Spanish La Liga, and other popular European Leagues. You can also focus on other sports and competitions. Check out below to see the most popular crypto options you can use:
Mobile Payment Methods
Players can also use mobile payment methods to complete transactions from their smartphones. With these options, you can play on the go. Once you find top-notch betting sites that accept mobile payments, you can join them and use your preferred mobile payment method to deposit. These options have become more popular because they are convenient and safe. So, when you use them, you can enjoy your betting experience. Take advantage of these methods and increase your chances of claiming risk-free bets and the best welcome bonuses. Start your next betting journey with a mobile payment option that lets you bet on the move.
Most Popular Sports to Bet on in Malaysia
Football (Soccer): Football is undoubtedly the most popular sport for betting in Malaysia. With a passionate fan base and a wide array of domestic and international leagues, including the English Premier League, UEFA Champions League, and local Malaysian leagues, football attracts a significant portion of betting activity.
Badminton: Another sport most of these reports agree on, and going off the research by PubMed Central, is badminton. It is the second most popular sport to bet on in the country and an attractive sport that many punters enjoy placing bets on. Also, major tournaments like the All England Open Badminton Championships and the Malaysia Open draw considerable attention from bettors.
Basketball: The country also has many basketball fans. So, betting on the sport has become popular. Most of the younger generation follow the NBA, and many local basketball tournaments are gaining more popularity.
Most Trusted Betting Sites in Malaysia by Betpack
| Betting Sites | License |
|---|---|
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Curacao |
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Curacao |
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Curacao |
Malaysia might not have legal esports betting sites or online gambling platforms, but Malaysian bettors can still bet on their favourite sports at some popular betting sites. The only problem is that playing at these sites can be tedious because there are many options to consider. So, before you get started, you need to find a suitable site to join. In that case, we've highlighted a few top-notch betting sites that we trust in the table above. You can check out our most trusted options and start betting on different sports. Pick one and get started with your next betting adventure.
Conclusion
Sports betting in Malaysia might be illegal, but it has grown to be a massive industry. Despite the stringent laws, bettors still find ways to explore various betting sites. As a result, you can also join the community of punters who enjoy playing on Malaysia betting apps. All you need to do is find an offshore betting site that accepts players from the country, create an account, deposit money using a convenient payment method, claim the welcome bonus, and start betting on sports.
