Chinese Online Betting Companies
Sports Betting in China. Betting on football and other sports through the government operated China Sports Lottery is popular. European football and American basketball betting is available in most cities. In this form of pool/lotto betting, the payout is. Making a bet with a bookmaker is a great way to test your luck, get an adrenalin rush and make some money in the process. Hundreds of betting websites offer their services to millions of fans who like to bet on sports online. 1xBet Betting Company stands out among other online bookmakers.
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
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.
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.
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.
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Sports Betting in China
Betting on football and other sports through the government operated China Sports Lottery is popular. European football and American basketball betting is available in most cities. In this form of pool/lotto betting, the payout is determined by the volume of wagers placed by other people.
Quite often singles on popular teams fail to return much more than the stake. But, picking a winning accumulator does give a chance for bigger odds.
While the Chinese Sports Lottery is popular, serious gamblers understand that betting websites provide better odds. To give a very simple example, a 100 RMB wager on a football match with the Chinese Sports Lottery could return around 9RMB. Placing this same bet at an overseas bookies could return more than 60RMB, almost 7 times as much as the amount won from the government-run outlets.
- Fully licensed and certified by independent regulators.
- Approved for secure financial transactions and data protection.
- Reputation for dealing with complaints quickly and fairly.
Are Betting Websites Legal in China?
Although online betting with foreign bookmakers is illegal in China, the extent the authorities go to enforce this is restricting access to certain websites.
Quite often internet bookies are not blocked, but even when they are, purchasing a VPN will get you around it. However, it’s best to first find betting sites that work unblocked and then save that link in case it changes in the future.
How to Use Online Bookmakers in China
You will need the following things before you can access online sports betting in China:
- A utility bill in your name – When using our recommended top betting sites that are located abroad, they’ll want to confirm your address at some point. It’s standard for them to ask you to email or upload a scan of your utility bill. An acceptable scan is either of a phone, power, internet, television, or water bill. Be sure you have at least one of these in your name.
- A government-issued photo ID – This can be your Resident Identity Card (Jumin Shenfenzheng) or a passport. SBO.net recommended betting websites might ask you to email this to confirm your identity.
- A method to deposit – Most online bookmakers accept payments via Chinese Unionpay debit cards and a wide range of other deposit options. Popular supported banks include:
- Industrial and Commercial Bank
- Merchants Bank
- Construction Bank
- Shen Zhen Development
- Citic Industrial
- Industrial Co
- Agricultural Development
- Hua Xia
- Everbright Bank
- Guang Dong Development
- MinSheng Banking
- CPSRB
- Bank of China
If you have a debit card from one of these banks depositing is easy. However, this card must be in your own name.
- A bank account – To receive winnings you’ll need to request a bank transfer. This bank account needs to be your own name and match the name on your utility bill, photo ID, and debit card (if name shown).
Once you have all the above you’re ready to bet online. The bookmakers listed in the table below all support Chinese language, offer accounts in CYN/RMB, accept Chinese debit card deposits and pay out using Chinese bank transfers.
Most Popular Sports to Bet on in China
All our bookmakers offer betting on a wide range of US, European and Asian sports including Chinese Super League football (CSL). Other popular sports and leagues to bet on include:
- Chinese Jia League
- English Premier League
- Serie A
- Bundesliga
- NBA
- Football
- Basketball
- Esports
No matter which sport you love or want to bet on, our bookies will provide a choice of markets and brilliant odds.
Reasons to Use Our Recommended Sites
Firstly, all bookmakers we recommend that offer services in China are reputable and licenced. For example, many of our sites are licensed by the UK Gambling Commission. This is the same gambling board that licenses the world’s largest poker site (PokerStars.com).
Licencing is just one reason to use our recommended bookmakers, others include:
- More markets – When betting with reputable online bookies there are far more markets available than the Chinese Sports Lottery offers. For example, you can bet 1×2 (home / draw / away) you can bet on over under total goals or bet on a match with handicap.
It’s also possible to bet on the correct score and which player will score first. These can even be combined as a multiple with potentially massive payouts. The additional wagering options are near unlimited; a small sample includes bookings and corners, and you can even bet on something as simple as which team will kick-off.
Chinese Online Betting Companies For Real
- In-play betting – All the major online bookmakers that support CYN/RMB currency offer a vast number of live, in-play markets. This means you can get closer to the action and increase the excitement whilst watching your favourite sport.
- Mobile betting – All our recommended betting websites offer platforms that handle smart phones such as iPhone, Android, Blackberry and Nokia. This makes it easy to make bets on the go.
- Better Odds – The best reason to use our sites is that they offer far better odds than can be found with the Chinese Sports Lottery or a local bookie -(赌本), meaning the amount you win will often be several times higher than what you win betting with a local government agent
China Betting FAQs
No. State run lotteries take legal bets on sports and other forms of gambling. The China Sports Lottery and Welfare Lottery are both popular with Chinese bettors.
Yes. Deposit bonuses are offered by nearly all online betting sites, including for bettors from China. Visit your favourite site and see what they have to offer.
Yes. Mobile betting is a must for many gamblers and most sports betting sites now offer the chance to bet on mobile at their sites or through an app.
As with many countries in Asia, football is one of the most popular sports to bet on. In China, bets on the English Premier League, Chinese Jia League and Serie A are particularly common.