List Of Chinese Betting Companies
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Why You Should Use Asian Bookies
There are many benefits to using top Asian betting sites. Across the board, the biggest Asian bookies offer outstanding service and brilliant perks for their punters. These include:
- Better Odds – Many Asian bookies operate on lower margins than European bookies. For example, on coin flip bets, UK bookmakers often offer odds of 91/100 (bet 10 to win 19.1). Asian bookmakers often offer the same bet for 19/20 (bet 10 to win 19.5).
- Live Betting – Typically, Asian betting sites are specialists at in-play football betting. Asian bookmakers regularly offer more odds and markets than any of their European or North American focused counterparts.
- Asian Handicaps – Asian handicap betting is very popular, especially in football where the draw is a fairly common outcome. In these markets, Asian betting sites offer a boost or reduction to the number of goals scored by a team that is added to their actual total in a match.
For example, in Premier League football, Southampton and Leicester City has -1 / +1 Asian Handicap odds. This means that Southampton have a one goal disadvantage, whilst Leicester have a one goal advantage prior to the start of the game. For a Southampton win to pay out, Southampton need to win by a 2-goal margin. However, for a Leicester City win to pay out, a draw or a Leicester win by any margin would be enough. Asian handicaps often offer much better value than standard 1×2 outright markets and also make betting more exciting because it removes the possibility of a draw.
- Smaller Markets – At Asian bookies the most popular betting markets are no doubt soccer markets such as the English Premier League, Spanish La Liga, Italian Serie A, and UEFA Champions League. However, at Asian betting sites you’ll also find a plethora of Asian football competitions and smaller, regional competitions in less popular sports such as field hockey.
Overall, Asian bookmakers offer better odds, handicap betting and more markets for both pre-match and live betting.
Is it Legal to Bet Online with Asian Bookmakers?
Yes, it is, depending on where you are playing from. Each country or region has its own gambling laws and Asia is no different. The laws vary greatly across the region although it’s becoming more common that people are legally allowed to bet online.
In some countries like Indonesia or China, there is a ban on online gambling. However, other countries such as the Philippines and Macau offer much more freedom for online bettors.
Most punters in Asia can enjoy online betting just like other people across the world by using offshore sites. Alternatively, you can safely access betting sites from different territories by using a VPN.
The most important thing is to check with your preferred Asian betting site before you sign up to check that they accept players from your country. If you want more information about sports betting in your country, choose from the list below:
The Best Asian Bookies 2021
Depositing at Asian Bookies
The deposit methods at Asian bookies vary by country. Residents of China can generally deposit with their Chinese debit card, other countries like Indonesia and Malaysia can deposit with their home bank account via either online banking or at an ATM.
Thailand residents have a large selection of deposit options. In Vietnam the opposite is true and deposit options are generally limited to MoneyGram, Western Union and local e-wallets.
For many other countries including Singapore, UK, and most of Europe e-wallets are available. Here are some of the most common depositing methods at Asian betting sites:
Debit/Credit card
Most Asian bookies accept debit or credit card to fund your account. It’s convenient and makes it easy to keep track of your funds.
PayPal
PayPal is one of the most recognisable e-wallets in the world and many Asian betting sites accept this method. PayPal makes it easy to transfer funds from across different betting accounts and has an outstanding record of safety and security. Other commonly accepted e-wallets include Skrill and Neteller. PayPal does have restrictions and is not available in every country. Be sure to check with the site you intend to use to check if they allow PayPal as a banking method.
Cryptocurrencies
Cryptocurrencies such as Bitcoin and Ethereum are becoming more and more popular and are now accepted by more and more Asian bookmakers. Cryptocurrencies provide anonymity and security that is enjoyed by sports bettors across the world.
Every Asian bookmaker is slightly different and they each accept different banking methods. Be sure to check the site you want to use has your preferred banking option before depositing.
Withdrawals at Asian Bookmakers
One of the top reasons to wager with Asian bookies is fast, free payouts. Most Asian betting sites offer direct bank transfer withdrawals (often on the same or next business day) to players regardless of location.
Often if you are in Asia, this will show on your bank statement as a cash deposit. That’s right; despite dealing with Asian betting sites with hundreds of thousands of accounts, many of these companies send a local runner/agent to a branch of your chosen bank to complete your withdrawal request as a cash deposit! This is a huge plus for anonymity.
Asian Odds Formats
Asian bookies generally support four different odds formats which are, decimal odds (sometimes called Euro or European Odds), Hong Kong Odds, Indonesia Odds and Malay Odds. No matter which display format you choose the potential payout on a win is the same; the reason for different display options is so punters can view the odds in the format they are most comfortable with or used to dealing with.
Decimal Odds
In this odds format odds are always listed as a positive number, usually with decimals, and represent the total return (stake + win) a winning ticket will pay for each unit staked. For example, decimal odds of 1.91 mean a bet of $1.00 would win $0.91, plus returned stake of $1.00.
Hong Kong Odds
This one the simplest odds format to deal with. Hong Kong odds are always presented in a positive number usually with decimal points. These odds represent how much a bettor will be paid, in addition to stake, for each unit wagered.
So, for example if the odds are 0.710 you’re betting on a semi-heavy favourite and will get paid $0.710 in winnings for each $1.00 staked. If the odds are 2.340 you’re betting on an underdog and will be paid $2.34 (plus your stake) for each $1.00 risked if the bet wins.
Indonesian Odds
Indonesian odds are very similar to American odds but they display as 100’s instead of decimals. For example, +134 American is 1.34 Indonesian and -250 American is -2.50 Indonesian.
Negative Indonesian odds show how much you have to bet to win a single unit, so -3.45 odds mean bet $3.45 to win $1.00 profit. When Indonesia Odds are positive it shows what the winnings would be on a single unit stake. So, for example, +1.430 in Indonesian odds is risk $1.00 to win $1.43.
Malay Odds
Malay odds are expressed as either a negative or positive number that is never greater than 1. Unlike all other odds formats that use positives (underdogs) and negatives (favourites), Malay odds are reversed. Negative means underdog and positive means favourite.
When the odds are negative this represents how much you need to bet to win 1 unit (example: -0.750 means bet $0.75 to win $1). When the odds are positive this represents how much you will win on a 1-unit stake (example: 0.670 means $1 bet to win $0.67).
No matter what odds format you use, payouts are the same. For example, betting odds in decimal format 1.90 is the equivalents of Hong Kong odds 0.90, Indonesian odds -1.111, and Malay Odds 0.90. The difference is in how the odds display.
If you are ever confused by the odds offered at an Asian betting site, you should be able to change your settings to your preferred choice. Alternatively, you can use our SBO.net odds converter.
Asian Bookmakers UK
List Of Chinese Betting Companies 2019
The benefits of using an Asian bookmaker aren’t just open to Asian punters. Many Asian bookies also accept players from across the world, including the UK.
If you’re looking for an alternative to UK bookies, why not check out our list of recommended Asian betting sites listed above. You can enjoy all the perks offered by these site including Asian handicaps, excellent odds and if you join a new site, a generous welcome bonus.
How We Find Legal, Safe Asian Bookies
Despite there being different gambling regulations across the continent, at SBO.net the only Asian bookmakers we recommend are licenced, safe and secure.
List Of Chinese Betting Companies
Our team has researched the market and found the very best Asian betting sites for you to enjoy. All our recommended Asian bookies have:
- Brilliant reputations with their customers.
- Encrypted websites that keep you safe.
- Certified gambling licences.
Asian Bookies FAQs
It depends on what country you are in. Many Asian bookies accept players from countries like the Philippines or Macau but it’s best to check before you sign up.
Across Asia, many different odds formats are used including decimal, Hong Kong, Malay and Indonesian.
List Of Chinese Words
Asia is an extremely diverse continent, especially when it comes to sporting interests. This is reflected in sports betting too, but the most popular choices are football, basketball and cricket.
Increasingly yes. Betting, in general, is very popular and as a continent, Asia has a rich history of gambling. It’s not becoming more and more common for Asians to bet on sport online.
Related Articles
Online gambling is very popular in Chinese mainland. According to Wang Xuehong of China Center for Lottery Studies at Peking University, the amount Mainlanders gamble online each year is about the same as the entire GDP of Beijing. The same report says this is because online betting offers better odds and more excitement than our legal lotteries.
Allsport365.com is perhaps the most exciting. This is one of the many URLs mainlanders can use to visit Bet365. They offer betting on all sports and leagues including in-play betting and even have live sports streams. For casino they have live dealer games and standard RNGs games. Online poker including ring games and Texas Hold’em tournaments are available too.
In this article I will compare online betting to our legal lotteries. First, it is important to understand under Chinese betting laws, betting with anyone other than Chinese Sports Lottery and China Welfare Lottery is a minor crime and players can be fined if caught. It is however very rare this happens. Gambling is very popular in China and our police focus on operators not players.
As Bet365 is a major company legal and licensed in the United Kingdom (UK) our authorities have no jurisdiction over them. Their sole deterrent is to block access to www.bet365.com. This company is however very dedicated to allowing mainlanders to gamble online if they choose. If you spend some time searching Baidu you can find there are over 1,000 different URLs to access Bet365 including Allsport365.com.
Online Betting vs. China Lotteries
In this section I compare betting online to betting with Chinese lotteries. The topics addressed are the differences in payment options, casino/lottery and sports betting..
Payment Methods Compared
Our sports and welfare lottery are generally wagered in person at betting shops or stands, but can be bet online. The provinces with approved internet betting are Beijing, Tianjin, and Guangdong. Players from most all of China can use these websites and deposit and get paid with AliPay, PayPal and YeePay.
Bet365 and their competitors do not offer any of these payment methods. Instead Mainlanders use their Chinese debit card to deposit via AsiaPay365 or Click2Pay. Winnings can be requested at anytime and are paid with direct bank transfer (bank-wire).
Casino Games
According to Macau’s 2012 tourism report, they had 16,902,499 arrivals in 2012 from Mainland China and the average stay was just one day. While there are other things to do there, much of this travel is to play casino, which is not possible legally in mainland. The alternative to travel is illegal casinos (either live or online) operated mostly by triad or a legitimate online casino licensed where gambling is legal such as the UK. The latter is far lower risk.
To give an idea of what is offered online here are some of the features of Bet365 Casino:
- Live Dealer Games – are a popular feature of Bet365 casino. They have a studio in Europe and another in Asia where attractive dealers spin roulette wheels, shake dice, and deal cards on real casino tables. These games that are taking place in real life are streamed online for players to bet. The games offered include baccarat, blackjack, roulette, and Sic bo (骰寶).
- RNG Table Games – are offered including the same games found in the live dealer casinos. These are fast-paced games against a computer dealer. Also offered is Pai Gow, Craps, Caribbean Stud, Casino War, Blackjack Switch and dozens of other casino games.
- Online Slots – are available in many variations including movie themes and Asian themes. Some offer progressive jackpots and these can grow to life changing amounts bigger than what even Super Lotto (超級大樂透) and Union Lotto (双色球) offer as top prizes.
- Online Lottery – is available in many formats. There are scratch cards such as what Chinese Sports Lottery offers with dǐng guā guā (頂呱刮) and China Welfare Lottery with Fúcǎi jí kāipiào (福彩即开票). There are rapid draw games such as Keno – which is the game played in Beijing as Happy 8 (快乐8), in Macau as Pacapio (白鴿票) and in Taiwan as BINGO BINGO.
The above is not a complete list of what is offered. There is also video poker and virtual sport games – similar Lucky Racing. Other games and online poker and online bingo are offered too.
Sports Betting
This is an area there is no debate in which has better odds and options. In my article Gambling in China I cover the sports betting games Chinese Sports Lottery offers. In none of the games do they pay out more than 65%. UK licensed bookies pay 90+% and high 90’s is quite common. This is “per game” too, so when compounded as multiples (accumulators) the payouts are often double, triple or even more with UK bookies.
Bet365’s main feature is sports betting. This is something they know a lot about as they own the English Premier League franchise Stock City Football Club. Also because they have players in well over 100 countries they cover all sports around the world.
For basketball you can bet NBA, European leagues and of course China’s CBA basketball ((中国男子篮球职业联赛). For football (soccer) our leagues covered include Chinese Super League (中国足球协会超级联赛), China League One (中国足球协会甲级联赛) – also known as Chinese Jia League(中甲联赛) and China League Two (Yi League) and the Chinese FA Cup, but you can also bet Premier League from England (EPL), La Liga form Spain or any other football from Europe and Asia.
You can find many other sports such as ping pong table tennis (乒乓球), badminton (羽毛球), and snooker (斯诺克) that are popular in China. Golf, Formula 1 racing, volleyball, baseball, cricket and all other sports imagined can be bet at Bet365 too.
Another major difference is the betting options. It is in not uncommon to find 50+ different ways to bet a single match. Examples for football include if a player will score, what the correct score will be, over under on number of corners or yellow cards, half-time/full-time, which team will be carded first, and this is only a small sample. For NBA you can bet over/under on rebounds, blocked shots or points scored by players. In baseball you can even bet if there will be a run in the first inning, or how many strike outs a pitcher will have. Of course for all these you can still bet over/under (hi-lo) or who will in the match – and what is shared are only examples of the MANY betting options.
Another major draw to online betting is many matches can bet while the game is in-play. Bet365 even offers high quality legal sports streams right from their website. This allows punters to watch a match on their computer screen and make bets on many markets the bookie offers while the match is still being played.
List Of Chinese People
In short, as Wang Xuehong of China Center for Lottery Studies at Peking University has explained online betting is more popular because it offers better odds and more excitement than our legal lotteries. Until the government licenses foreign bookmakers or manages to replicate what they offer it will always be true that many Chinese prefer betting at sites such as Bet365 over our legal lotteries.
List Of Chinese Betting Companies For Real
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