- Sport Betting Online
- Most Trusted Online Sports Betting Sites
- List Of Sports Betting Sites
- Offshore Sports Betting Sites
- Fantasy Sports Betting Sites
- Reliable Sports Betting Sites
Here are the 3 Best Online Betting Sites / Sportsbooks. Bovada has changed the face of Sports betting online. They have a great sportsbook, racebook and one of the largest online poker rooms for. One of the top sports betting sites for the US right now is BetNow. This online sportsbook is licensed in Curacao, so you know it’s legit. As you’d expect from any of the best sports betting sites, BetNow offers an intuitive user interface that will help you easily browse through the large number of sports and events covered. As online sports betting is not strictly legal in Malaysia, there is no way authorities can enforce people to pay it. Understanding Decimal and Fractional Odds. The only small downside to using European bookies for online betting from Malaysia is the odds format is different. In Malaysia, betting sites use what’s referred to as Malay Odds. Depending on where you are in the world, you will usually have access to a variety of sports betting operators – some familiar because of their brand name, others prominent for having teamed up with advanced suppliers, such as Kindred, Genius Sports, Scientific Games and so forth. The Singapore Sports Betting Site has Live Online Casino Betting for Casino lovers. Our Best Online Casino has everything you want in a casino. Our Online Casino Site is the Most Trusted Online Casino. People have chosen us as Trusted Online Casino and Online Gambling Site for Best Online Gambling Site and Top Online Sports Book Betting Site. Being one of the Top Online Sports Book Betting Site, We offer our clients the Best Online Betting experience. Our Best Online Sports Betting Site has.
Using our Recommended Bookmakers in Malaysia
Almost all betting sites will require you to verify your identity at some point if you want to open an account. To do this they’ll ask for scans of your photo ID and a copy of a utility bill in your name.
We don’t recommend betting online from Malaysia unless you have these available. For the photo ID your MyKad works fine but a passport is even better.
A 48-page ICAO e-passport valid for five years costs RM300 and is easy to obtain. For a utility bill either a cable bill, internet bill, water bill, power bill, phone bill or anything similar will suffice. With this out of the way, all you need now is a banking method.
How we Find Safe & Secure Bookmakers
All our recommended sites have been tried and tested by our team. We understand the importance of betting at secure, safe websites.
A great reputation is a must, as is proper licencing. Any time we recommend bookmaker you can be sure that your funds are secure.
You will also know that you are getting fair treatment and that our recommended betting sites will honour bonuses and payout on time.
Banking Options
There are loads of great banking options for Malaysians. One of the most popular money transfer services in the world is PayPal. This well-known site is also the first choice for many people who use sports betting sites.
During their research, our expert team found the sites with the best banking options. Most of our recommended sites allow deposits and withdrawals through PayPal. This makes it easy for you to execute fast, secure payments so you can get on with making bets.
Another popular choice for funding online betting in Malaysia is Skrill. Like PayPal, Skrill is an e-wallet and online payment service that many bookmakers accept. The company has been around since the early 00’s and has a great reputation.
Skrill allows punters to be anonymous, secure and conveniently move money across accounts with different bookmakers. This makes it well worth considering for Malaysian residents.
Neteller is another major player in the online payment industry. It is owned by Paysafe Group, which also owns Skrill, so it comes with the same guarantees on security and reputation. As with the other options listed above, most of our recommended bookmakers will accept payments in Neteller.
The amount of choice bookmakers provide for banking has grown a lot over the last few years. It is now easier than ever to make quick, secure and discreet payments and withdrawals. One of the most recent additions to betting website’s banking pages is Bitcoin.
Bitcoin is a cryptocurrency that increasingly, more and more online betting sites are willing to accept. Betting with Bitcoin provides an extra level of security, anonymity and depending on its, it can offer better value than regular currency.
Football Betting in Malaysia
Football is the most popular sport in the world and in Malaysia, online football betting goes hand in hand with watching games. Football betting sites in Malaysia are most commonly overseas sites that accept Malay players.
There are loads of benefits to online football betting in Malaysia. Firstly, it’s easy and convenient and you can make wagers on the biggest competitions from around the world. The best football betting sites in Malaysia cover all major tournaments and leagues, including the World Cup and the English Premier League.
You also get the luxury of time and information that make online football betting easier and more enjoyable. Traditionally going to a bookmaker was time-consuming and there was limited information available on what you were going to bet on. Now, football betting sites in Malaysia allow you to study stats and get the latest news on each team before making a bet.
Online Sports Betting Malaysia – The Laws
As highlighted above, football betting is very popular in Malaysia. The good news is there is no shortage of legitimate foreign betting sites that accept bets on football in Malaysian ringgit (MYR).
Before getting into the topic, let me quickly put your mind at ease regarding the laws. There’s a big push in Malaysia to change the law to allow legal betting on football.
The simple reason for this is that approximately RM 1 billion is wagered by Malaysians each and every day on football matches. Both brick-and-mortar and online casinos are also very popular with Malaysians.
In 2010, a company called Ascot Sports were rumoured to be the given the first licence for legal sports betting in Malaysia. Due to a backlash from some parts of the Malaysian public, this never materialised, however, there are large parts of society that would like new laws to be introduced.
The upsides are massive tax revenue, taking money out of the hands of organised crime and potentially reducing match-fixing scandals. However, at this time betting from Malaysia is still illegal, though the risk is small.
We strongly suggest avoiding Asian bookies such as M88, 12Bet, sbobet, ibcbet, eastern dynasty and smartbet.
It’s a far safer option to use betting sites licensed in the European Union who have no physical presence or agents in Asia. Using European bookies from home (not an internet café) is a very safe option for Malaysians to wager on sports online.
Are Gambling Winnings Taxed in Malaysia?
No, gambling winnings are not taxed in Malaysia. None of the official state-sanctioned casinos or lotteries require winners to pay tax, however, the companies who operate them do. As online sports betting is not strictly legal in Malaysia, there is no way authorities can enforce people to pay it.
Understanding Decimal and Fractional Odds
The only small downside to using European bookies for online betting from Malaysia is the odds format is different. In Malaysia, betting sites use what’s referred to as Malay Odds.
At European betting sites the odds are called European odds, or decimal odds. Many UK bookmakers also provide their customers with fractional odds.
Sport Betting Online
Decimal odds represent how much you’ll be returned on a winning bet. So, for example:
Most Trusted Online Sports Betting Sites
Manchester United to win against Fulham – 1.30
Here if you stake $10 on Manchester United and they win, you win $3 (plus your original $10 stake). In Malay odds this would be 0.30.
Fractional odds are most commonly used in the UK and Ireland and it’s what you’ll see on the websites of betting sites from these countries. There is usually an option to change this in your account preferences, though.
Fractional odds show the potential win on the left and the stake on the right. For example:
Tottenham to win the Champions League – 20/1
Here if you stake $1 on Tottenham and they win, you win $20 (plus your original $1 stake). In Malay odds this would be -0.05.
This will take a little getting used to, but if you need help, you can use our SBO.net odds converter calculator. Access information on different types of odds and let us do the hard work for you.
Betting in Malaysia FAQs
The Malaysian Betting Act of 1953 doesn’t reference online gambling so at the moment, it’s not clear. However, Malaysians can safely and securely access many different online betting sites.
There is just one casino in Malaysia, Resorts World Genting. The resort is around an hour drive away from Kuala Lumpur and is popular with both Malaysians and tourists.
Yes. Many online sportsbooks accept Malaysian players. You can sign up when you visit the site and begin betting on your favourite sports.
List Of Sports Betting Sites
Yes, if you use the correct sites. To protect yourself use sites that are fully licensed, have excellent security measures and good reputations with their customers.
Related Articles
There isn't much in life that can compare to the enjoyment of watching our favorite team make that winning touchdown, winning basket, or winning home run. Regardless of which sports events get your heart pumping, Vegas Online Sports Betting has you covered. Recognizing that not everyone can just drop what they're doing and hop a plane to Vegas during football season, sports bettors can engage in sportsbook wagering online via your personal desktop computer or laptop. Joined by Vegas online casinos as well as Las Vegas online poker rooms, online sports betting has developed a very significant presence in the online gambling community. And with the growth of mobile technology and our reliance on it, Vegas mobile sports betting has also emerged as a strong gaming platform.
In fact, some of the brands featured below offer all or a combination of those platforms under one gambling account. Bovada would be an example of this type of comprehensive offering as they provide a full service casino, poker room, sportsbook, racebook and even some Vegas style mobile gambling as well that includes both casino games and sports betting. They serve up a double portion of Vegas sports betting through their standard online option and their mobile sportsbook. All of the sportsbooks listed in the table below offer traditional online and mobile versions of their sportsbook.
Enjoying your sports betting online provides you with access to the same Vegas odds as you'd get at the bookmakers in Vegas, only with a better selection of sporting event lines and betting options to choose from. The Vegas Online Sports Betting that is offered at our featured sportsbooks includes exciting betting options such as multi-sport parlays, team and player props, and exciting live, play by play in-game betting. You'll have access to bonus offers, and intriguing seasonal promotions.
Offshore Sports Betting Sites
The Las Vegas Sports Betting Sites featured here have all been extensively tested and tried to ensure they they offer only the most secure and reliable online sportsbook wagering. They also include helpful resources and tools to provide bettors with every advantage possible, such as player and team stats, the latest news, game and practice schedules, and expert predictions. Online sportsbook betting is accessible 24/7 so you are not limited to any time constraints.
Fantasy Sports Betting Sites
The list of sports betting sites you see below is important for several reasons. One of the reasons that we developed this guide is because the World Wide Web is no longer a safe and secure playground. Cyber predators and fraudulent, rogue gambling sites have changed the way we have to do business online. In the process of evaluating each of these brands, we verify that they are legal, licensed, and subject to regulatory oversight that monitors them each for fair play. If you just take your chances out there, you are likely to land at a dangerous gambling site that is in operation for one reason, to steal your money. Relying on our guide will guarantee that you avoid those types of sites, and that you have access to the best that the industry has to offer.
Reliable Sports Betting Sites
For those times when you are planning a trip to Sin City to enjoy some land based sports betting, check our our guide on Las Vegas hotels to gain access to detailed reviews and exclusive deals.