The Philippines have massively embraced legal sports gambling, setting it apart from most of its equals. While there’re a few quirks with sports betting in Philippines, for the larger part, it remains one of the best wagering destinations where players can enjoy top-notch services. With a massive collection of both retail and online Philippines betting sites, within the country and offshore (read about offshore betting), Filipino players are spoiled for choice.
In the Philippines, peer-to-peer wagering isn’t allowed; however, there are many licensed and regulated sports betting operators offering full-service gambling. The legality of offline and online sports betting Philippines also blends smoothly with the needs and requirements of Filipino punters.
They are allowed to place bets on their favourite sports using Filipino-friendly methods of payment. On top of that, they can claim generous bonuses and promotions as well as VIP rewards tailored to Filipino culture.
The interest in sports betting can be traced back to the 16th century. As the centuries went on, the love for sports betting among Filipinos grew. However, it was not until the early 1970s that the Philippines government determined what is considered legal sports betting. If you’re looking for a guide to the best sports betting sites Philippines, keep reading.
Before you can access some of the most trusted and reliable online betting sites Philippines, you’ll learn about the Philippines gambling laws, popular sports to bet online Philippines (for example, Basketball betting), and Filipino-friendly deposit options, among other important things.
Philippines Gambling Laws: is Online Gambling Legal in Philippines?
Online sports betting is legal in the Philippines. The Philippines Government legalised sports betting back in 2012 by high court decision. That means taking part in sports betting in the country is entirely legal. But there’s a rule that prevents independent operators from offering sports betting online Philippines services to the residents.
FAQ
🇵🇭 What is the fastest way to withdraw money on Philippine betting sites?
When it comes to withdrawing money from Philippine betting sites, there are a few things that you need to take into account. First and foremost, you need to make sure that the site you are using is reputable and trustworthy. There are a lot of scams out there, so you need to be careful.
🇵🇭 Are there any betting restrictions for gamblers in the Philippines?
There are no betting restrictions for gamblers in the Philippines. However, there are some taxation laws in place that gambling winnings may be subject to. Additionally, it is important to note that online gambling is not legal in the Philippines. Therefore, any offshore gambling sites that accept Filipino players may do so illegally and players should be aware of the risks involved in playing on such sites.
🇵🇭 Which bookmakers has the best NBA betting odds Philippines?
The answer may depend on who you ask but some of the bookmakers with the best odds of NBA betting Philippines include Stake.com and Fortunejack.
🇵🇭 Who regulates the Philippines' gambling?
The Philippine Amusement and Gaming Corporation (PAGCOR) is the regulator for all gambling in the Philippines. They are a state-owned corporation which means they are owned by the government and answer directly to the President of the Philippines.
🇵🇭 What is the TOP1 sport to bet in the Philippines?
Basketball would likely be the TOP1 sport to bet on. This is because basketball is one of the most popular sports in the country and Filipinos are passionate about it. Additionally, there are many professional basketball leagues in the Philippines, which provides Filipinos with plenty of betting opportunities.
The gambling law allows Filipinos to play at regulated PAGCOR sites for some forms of betting. Residents can also visit numerous PAGCOR gambling terminals across the country, and they can also place bets online at foreign websites that hold licenses from the leading regulatory bodies in the world. So, in the Philippines, sports punters can place bets offline, as well as, online.
Outside the Cagayan region, where all betting activities are prohibited except for overseas tourists, Filipinos can bet online freely from anywhere in the country. Punters with a minimum age of 21 can access a wide range of legal online sports betting markets, including parlays, live betting, single-game wagering and more.
What are Popular Sports to Bet on in the Betting Sites Philippines?
Sports are a vital part of the lives of Filipinos. Aside from keeping them active and physically fit, sports offer a perfect way to earn some money through betting. There’re various sports played in the Philippines, but some are more popular compared to others in terms of betting. With that in mind, here are the most popular sports to place bets on in the Philippines.
Basketball
Basketball is undeniably the most popular sport in the Philippines. Every sports fan knows the game, from kids to the elderly and adults. Their passion for basketball borders on obsession. In the Philippines, it isn’t unusual to see a half-court, a hoop in vacant lots or a makeshift basketball court.
The Philippine Basketball Association, PBA, is the top basketball league in Asia and the oldest in the world after the NBA. As a result of the love of this sport, all betting sites in the Philippines offer a wide range of basketball markets, both local and international.
Boxing
If there is a sport that could clear road traffic in the country, it’s boxing. If it is a match between two top boxing stars, everyone would be glued to their TV screens or listening to the radio for the live telecast of the event.
In terms of boxing, the Philippines has produced some of the boxing champions in the world, including Caferino Garcia, Nonito Donaire, Flash Elorde, Pancho Villa and Pacman. Whenever there is a boxing event, either in the Philippines or anywhere in the world, Filipino players would be more than willing to place some bets (check the boxing betting tips).
Football
While it isn’t as popular as boxing and basketball, football was played in the country even before World War II. The sport experienced a decline just after the war, but in 2010, it garnered attention again when the national team managed to qualify for the ASEAN Football Federation semi-finals for the first time.
Since then, the sport’s popularity in the country took off and is currently in the third position after boxing and basketball. Concerning betting, Filipino players place football bets anytime they want to have a unique betting experience. Both offline and online betting destinations offer hundreds of football markets from local as well as international competitions.
Filipino Players Deposit Options
If you are new to sports betting in the Philippines, you need to have an idea of the various ways you might use to fund your online betting account. Keep in mind that not all betting websites available for Filipino players offer the same deposit options.
Locate a trusted sportsbook Philippines that provides you with the opportunity to bank in the formats you prefer. Here are the most popular deposit options you’ll find at betting sites that accept players from the Philippines.
Electronic Wallets
All regulated and trusted betting sites in Philippines offer electronic wallets as the main deposit options. Filipino players can access both local and international electronic wallets. Apart from GCash, the most popular electronic wallet in the country, Filipino players can also use other popular electronic wallets such as PayPal, Skrill, Neteller and AstroPay to deposit funds to their gambling accounts.
Cards
Many betting sites that accept Filipino punters also offer both debit and credit card options. Players will always find the most popular card options, such as Visa, MasterCard and American Express. Similar to electronic wallets, cards are also popular among Filipino punters since they offer instant deposits.
Cryptocurrencies
More and more betting sites in the Philippines are accepting deposits via different cryptocurrencies. Filipinos are aware that digital currencies provide much-needed anonymity and security via advanced encryptions.
Some of the most popular digital currencies that betting sites Philippines offer include Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, and many others. If you want to use any of these cryptocurrency deposit methods, be sure to choose a digital Philippines betting site that was designed with anonymity and security in mind.
Conclusion: The Future of Online Betting Philippines
The future of online betting Philippines is bright. As a Filipino sports fan and bettor, you should expect to see many betting platforms pop up in the gambling space. Already, there is a healthy amount of trusted and reputable online Philippines sports betting platforms for you to pick from.
Whether you are looking for the most generous welcome offers in the Philippines, sites that accept your favourite crypto deposit option, or a betting platform that offers a massive range of popular sporting events and leagues, the online betting sector has got you covered.
Finally, the sports betting laws in the Philippines are very friendly and relaxed. So once you become a sports bettor, be sure to follow the rules according to the Philippine Amusement and Gaming Corporation as well as the First Cagayan Resort and Leisure Corporation to enjoy a wide range of national and international sports betting on exciting, popular, secure and reliable gambling platforms.
