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Sports Betting Philippines

Sports Betting Philippines 3,9/5 5138 reviews

In the Philippines, it is predicted that the gambling industry is now worth a massive 298,020,000,000 PHP. When it comes to betting on sports in the Philippines, there are a wide range of sportsbooks to choose from and this variety can understandably be overwhelming and cause confusion. There are brick-and-mortar sports betting operations in the Philippines, but physical betting options are limited. The more common types of brick-and-mortar betting options are for cockfighting and horse racing, however, residents can place bets through a service called MegaSportsWorld.

Sports betting isn’t new to Filipinos. They have been engaged in such activity since the sixteenth century. At that time, there were legal and illegal forms of gambling all over the place. Compared to today, sports betting is more organized.

The Philippine Amusement and Gaming Corporation acts as a body that oversees gambling in the Philippines. They operate quite many casinos and are responsible for giving out licenses to both new and old operators.

Evelyn Balyton, an expert at Mightytips Philippines, shares with us her experience. You can check out her profile here. Interestingly, Filipinos are more interested in gambling today than they were some few years back. Indeed it has become a point of tourist attraction when integrated with resorts and hotels.

Recognised worldwide as offering the best 'no gimmick' sports betting service with consistently the BEST ODDs. Pinnacle Sports are the best choice for Filipinos wanting to bet on sports online, particularly Football Betting, NBL, NHL and NFL bets but there are also plenty of other sports to bet on.

A Little History Lesson

It is known that gambling was around before the Spanish colonization. Before the Spanish arrived in the Philippines, betting was ongoing. However, no one knows when and where it was first practised. Indeed, there is a history of betting games known to the Philippines.

Also, some forms were brought in by the Chinese due to migration between both countries. Americans also played a role. During these migrations and trades, bets were becoming a thing during free time. Certainly, we can say for the fact that it started as cockfighting.

Cockfighting, which is also known as Sabong, has been associated with Filipinos. They also have legal and illegal matches. These activities marked the beginning of gambling in the Philippines. Today, it has evolved into a much attractive platform that includes an online platform.

In the Philippines, most bookmakers are registered under the Philippines Amusement and Gaming Corporation (PAGCOR). This is the body that is responsible for guiding the affairs of bookmakers. They run casinos and also provide licenses for their operations.

PAGCOR is an influential body. Their activities have caused a great breakthrough in legalizing sports betting in the Philippines. Also, they have been able to curb the activities of fake websites and illegal sportsbooks. Filipinos can now engage in gambling without being afraid of a fraudulent website. This is indeed a big and significant breakthrough for online gambling.

Introducing Sports Betting

Sports betting has evolved continuously and consistently in the Philippines. Today, we have a more sophisticated platform to place bets. Punters can conveniently place bets from the comfort of their homes via mobile devices. There are also sportsbooks app that can be downloaded to bet on the go. Indeed, technology has changed the face of gambling in the Philippines.

Sports betting involves making a prediction about sports results followed by placing a bet on that particular outcome—punters whose predictions are right to get rewarded while those whose predictions are wrong to lose their stake. Indeed, sports betting is a serious business.

Ideally, sports betting has been a tool that has lifted many Filipinos out of poverty and set them on their journey to financial freedom.

How To Select A Sportsbook

There are lots of sportsbooks that are accessible by Filipinos. However, a sportsbook choice could be cumbersome if you don’t know what to look out for. There are features that a sportsbook should have before they can make your list. Here are some features we make use of when selecting a sportsbook.

  • Bonuses and promotions
  • Customer supports and care
  • License
  • Types of bets
  • Payment methods
  • Types of odds available
  • Withdrawals and deposit limits

All these features should be considered before selecting a sportsbook. To create a fantastic gaming experience, the choice of a sportsbook should not be taken lightly. A poor sportsbook would not give a gambler a memorable experience.

Top Sportsbook In The Philippines

As earlier mentioned, there are lots of sportsbooks out there. However, it’s a mixed combination of good and bad. Here, we have taken out time to sort out the good from the bad. Our list of top sportsbooks is matchless. We considered certain factors, and we watched out for consistency.

One of the most prominent sportsbooks in the Philippines is Betfair. Betfair offers you a 100% deposit bonus upon signing up. In addition to this, Betfair also offers you a $30 free bet bonus should you lose a bet of the same stake amount. Filipino punters are treated to a wide range of sports betting markets including football, F1, horse racing, tennis, UFC, esports and lots more.

The user interface is friendly and smooth, with a sliding tab displaying relevant information to new punters. Payment options abound with Betfair as users can make deposits and withdrawals via PayPal, Skrill and Neteller. The customer support can be reached via a live chat feature or email for prompt resolution of issues. The sportsbook is available both on mobile and desktop with a downloadable mobile application. As their name implies, Betfair issues punters a fair chance at winning with competitive odds and fast payouts.

Best Legal Betting Sites in the Philippines March 2021

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Why Use Foreign Betting Sites?

Firstly, online gambling is not crime. In January 2012, the appeals court confirmed it is not illegal for residents of the Philippines to use foreign online gambling sites.
This was an important ruling for poker because there are no licensed Filipino poker sites that offer the volume of a site like PokerStars.

This is the most popular site in the world and the one most Filipinos also use. With this ruling, many are now also looking abroad for online sports betting alternatives.

The reason why is; PAGCOR licensed bookies are not known for offering the best odds. Using the English Premier League as an example, by shopping around with foreign betting sites it is easy to find better odds on all selections.

Our expert team have never found a PAGCOR licensed betting source offering the best odds on a sporting event. There’s also the fact that foreign betting sites offer in-play, live betting, have more markets, and also support other gambling products such as online poker.

The challenge is, while it is not illegal to use foreign betting sites, many of these websites do not accept residents of the Philippines. This is because many have business operations in the country.

This includes Asian bookmakers licensed in Cagayan Freeport and betting sites broadcasting their live dealer casinos in the Philippines. Other companies also have phone support centres in the country.

Legal Status and Licencing

The Cagayan Economic Zone Authority (CEZA) licenses many Asian bookies. The CEZA is the regulator and provides licences in the northern Filipino region of Cagayan. These websites do not accept Filipinos, because Cagayan is more of a legal haven for operators targeting other Asian countries.

The domestic websites Filipinos can use are licensed by the government-owned Philippine Amusement and Gaming Corporation (PAGCOR). For many years PAGCOR licensed sites only offered casino games, PBA odds and some other Asian basketball leagues and competitions.

If you live in the Philippines, you know it’s not difficult to find betting terminals and to find PAGCOR websites for sports betting, casino games and bingo. What can be hard is finding foreign gambling sites that accept Filipinos and have good banking options available.

  • Fully licensed and certified by independent regulators.
  • Approved for secure financial transactions and data protection.
  • Reputation for dealing with complaints quickly and fairly.

How to Deposit and Cashout

Those new to online betting from the Philippines will find there are lots of easy to use banking methods. They include:

Visa and Mastercard – As with most online transactions, at our recommended bookmakers there is an option to use bank transfers. Visa and Mastercard are 2 of the most popular choices, however individual bookmakers may differ.

Skrill – Skrill is a great option if you are looking for an e-wallet to fund your betting account. Most bookmakers accept Skrill and the service provides security, convenience and anonymity.
Skrill has a great reputation and has been operating since 2002 – although it was originally called Moneybookers. If you are a Skrill user, visit our recommended sites above to fund your account.

NETELLER – One of the best methods for moving money between online betting sites and cashing out winnings is NETELLER. The challenge is NETELLER accounts are very difficult to fund from the Philippines and to cash out you need to have deposited at least once with this method.

If you have a friend living in a country where NETELLER is fully supported, you should open an account and have them transfer money to it. Once you get money into your NETELLER account, you should deposit the minimum at each of the gambling sites you intend to use. This way you are ready to take advantage of any great odds you see.

You can also apply for a NETELLER prepaid MasterCard. These are free and take almost a month to arrive after you apply online. With this card, you can access your NETELLER balance at any ATM machine or spend funds at any store that accepts MasterCard.

Bitcoin – More and more online bookmakers are now accepting banking through cryptocurrencies such as Bitcoin. Digital currencies offer users anonymity and security through advanced encryptions.

If you use Bitcoin or an alternative cryptocurrency, check out our recommended sites to see if they accept this as an option to fund your account.

Using Multiple Betting Sites

If you use any of the banking methods suggested above, moving money between different betting accounts should be simple. If you’re serious about making the most money betting on sports, it’s important to use multiple websites and shop the odds to find value.

Before placing a bet, check out the betting sites where you have money in your account and look to see which one offers the best odds. While it might seem trivial over small amounts, this often makes a big difference.

Regular sports bettors understand small amounts of money add up and always make sure they get the best odds. All our recommended sites have brilliant odds. However, if you open multiple accounts with the different bookmakers we recommend, you will find slight differences in odds that you can take advantage of.

The Most Popular Sports in the Philippines

Today it’s possible to bet on the world’s most popular sports with Philippines licensed bookies. Filipino’s have a passion for lots of different sports, but none more so than basketball. The sport is a national obsession for both playing, watching and betting.

Sport doesn’t stop with basketball though and some of the most popular sports in the Philippines are also loved around the world. The worlds biggest soccer leagues and competitions are watched avidly by Filipinos, from the Champions League and World Cup to PFL and J-League.

Other common Filipino sports include esports, boxing, MMA, tennis and baseball.

PBA Online Betting in the Philippines

Sports betting in the philippines

The Philippine Basketball Association (PBA) is the top basketball league in the Philippines. PBA betting is a common pastime as punters love to increase the excitement and bet on their favourite teams.

As PBA online betting has increased over the years, so have the number of PBA betting sites. You can now go online at one of our recommended sites and find stats, PBA betting odds and bet on the biggest games.

One of the big advantages of online PBA betting is convenience. Before you had to go to a bookmaker in person, which can often be intimidating or awkward. Now you can check out the latest PBA online betting odds and make your bets from the comfort of your own home.

NBA Betting

The PBA may be loved by Filipinos, but the NBA and NBA betting is popular across the globe. The Philippines is a hotbed for the NBA and Filipinos love to make bets at online NBA betting sites.

Just like PBA betting, NBA online betting gives you so much more freedom than using traditional bookmakers. There’s also a huge amount of information online that can help you out when you start NBA betting.

You can check statistics, form, injuries and more. Having this extra knowledge can turn your NBA online betting experience from good to great.

At our recommended betting sites, you can always find a huge range of sports to bet on. It doesn’t matter if you want to bet on small, local events or global occasions such as the World Cup.

Sports Betting Jobs Philippines

Philippines Betting FAQs

Yes. Filipinos can legally bet with any foreign sportsbook. Signing up with a new site has lots of benefits, including generous welcome bonuses.

Which is the best online betting site for Filipinos?

There are lots of great online betting sites available, but there are also some ones to avoid too. Ensure your chosen site has proper licencing, banking and a good reputation.

How long does it take for Filipinos to get money from sportsbooks?

Online Sports Betting Philippines

This depends on what payment option you are using. Bank transfers usually take between 1-3 days, but this can vary. E-wallet payments can be processed in just a few minutes.

Best Online Betting Sports

Can I bet online from another country if I’m in the Philippines?

Yes, you can sign up and play at other sports betting sites by using a VPN. This allows you to use the internet as if you are in another country.

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