Online Sports Betting in Thailand

Sports Betting in Thailand

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Have you set your sights on sports betting in Thailand? For many, Thailand is the home country of e-sports and horse betting. More than that, however, Thailand is also a country filled with gambling enthusiasts who take pride in wagering on all kinds of sports. If there is anything you want to learn about sports betting in Thailand, read on. 

Can You Gamble in Thailand?

sports betting Thailand

Thailand prohibits many forms of gambling. Betting on the National Lottery and Horse Racing are the only legal forms of gambling in the country. Administered by The Government Lottery Office (GLO), the National Lottery holds two draws per month, which is well-participated by many Thai customers even though it has poor odds. 

The Thailand lottery has a payout ratio of 60%. Still, it is widely popular in the country. Its popularity and high revenue gave birth to the illegal underground lottery that offers better odds than what the government provides. 

Experts estimated that these illegal dealers often provide more comprehensive betting options and credit purchases. Thailand’s Chulalongkorn has a researcher dedicated to the culture and statistics of the Thai lottery. An earlier survey revealed that as much as 20 million out of the 65 million Thais played the underground lottery.

Horse race betting is another form of legal gambling in Thailand. The country has two horse race tracks that cater to high society. These prestigious sports clubs are popular among the elite for offering a gambling haven. These gambling sites offer free to use golf courses, Olympic-sized swimming pools, badminton, squash, and tennis courts.

These race tracks are open for betting even if they are not members of the club. These races are held every Sunday, with the venue alternating between the Royal Turf Club and The Royal Bangkok Sports Club. Betting on horse racing starts from 50 baht, and punters can bet on a “win-place” basis. This means that your only chance of winning is if your horse will finish first.

Is Sports Betting Legal In Thailand?

sports betting thailand

Online betting on sports other than horse racing is illegal in Thailand. Online betting on international horse racing is also not acceptable. However, online sports betting is getting traction among Thai players primarily because the local police mostly focus and apply gambling laws and regulations on the physical dens rather than go after websites with a license from abroad. 

While it is still considered illegal, many bettors from the United Kingdom, Asia, Australia, and the United States can do online sports betting without the risk of prosecution. Some bettors would go on online betting sites such as Excl Horse Racing where they can place bets on their favourite horses. 

How To Do Sports Betting In Thailand?

Since the Thailand government is keen on cracking down on illegal gambling dens, more and more gamblers are becoming more adventurous in betting. Thai bettors now turn their resources to online sports gambling through Asian or UK bookmakers.

Sports betting in Thailand is relatively easy. One would only need a PC or mobile phone, a stable Internet connection, and bank details for withdrawal of winnings. Most online casinos offering sports betting follow a strict verification process, so be sure you have the proper documents to prove your identity.

The first thing you have to do is choose what type of online sportsbook you want to play on. Do you prefer UK-based bookies, or you want to patronize those from your neighbouring Asian bookies? Once you have decided, you simply have to sign up. Some websites offer welcome bonuses for first-time users. Take advantage of those.

Once you are registered and verified, you can now choose the sport you want to bet on. Some websites allow you to practice and get a feel of the website before requiring you to play with real money. If it is your first time, it is highly advisable to avail of this trial play.

It is also essential to understand post-up as both the Asian and UK-based sportsbooks commonly apply this. Post-up means that your bets are limited to the amount in your account. For instance, you deposited 5,000 baht, and you want to bet 500 baht. Your remaining balance would be 4,500 baht. If you win, the sportsbook will deposit money to your account along with your initial stake.

How To Choose An Online Sportsbook?

Thai residents can choose from a wide variety of online sportsbooks. The ideal ones are the Asian and European bookies. To take advantage of the industry, choose an online sportsbook that offers the following:

  • Wide variety of bonuses: welcome bonus, first deposit bonus, loyalty bonus
  • Competitive min odds and special offers
  • Live support available for most of your playing time
  • Markets for major sports and premier events from different parts of the world
  • Reliable and secure system
  • Different deposit and withdrawal options with a min limit

As mentioned, punters from Thailand can choose from either Asian or European bookies. While they are popular among bettors, they have differences that one must consider.

Asian bookies are the easiest to use. Most of these originate from the Philippines, a country with a well-financed gambling industry. This situation ensures that almost all of the games on their websites are fair. Deposits are hassle-free since most Asian bookies accept deposits from most banks in Thailand, including Kasikorn Bank, Krung Thai Bank, Siam Commercial Bank, and Bangkok Bank.

Customers from Thailand may also find it convenient that many of these Asian websites use the Thai language. They also accept Thailand Baht, so players do not have to pay currency exchange fees. Websites like the ones listed below also offer withdrawals to Thai banks without any charge.

Most Asian websites offer football as the main sport. It is also the most popular in Thailand so many of the local players can bet on major leagues such as the La Liga, English Premier League, German Bundesliga, Spanish La Liga, and Italian Serie A. Other sports available with betting odds include volleyball, tennis, and Formula 1.

European sportsbooks may be a bit complicated to use for Thai punters. But if you are looking for reliable and trustworthy websites, it might be best to go with UK-based websites. They are reputable and reliable, with licenses from trustworthy gaming authorities. Most expats living in Thailand use European bookies.

What Are the Best Online Sports Betting Sites in Thailand?

Since it is relatively easy to set up an online casino, many companies are now getting into this lucrative business. However, some of them are not reliable. Some even pretend to be a legit online casino just to scam people of their money. When doing any sports betting in Thailand, make sure that you do your due diligence and research first about a website before making any deposits.

From hundreds of websites for online sports betting, here are the top sites that accept customers from Thailand:

Nowbet

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While being young in the industry, Nowbet has already established a good reputation for sports betting and casino bonuses. Their sports betting selections are considered one of the best in Asia. Nowbet covers many sports leagues around the world in basketball, football, baseball, tennis, and many more. Aside from this, esports is also an attraction on their site. They cover tournaments for Dota 2, CS: GO, and League and Legends. 

When it comes to security and user experience, Nowbet partnered with various software developers, including SBO Bet, Playtech Gaming, Gameplay Interactive, Asia Gaming, Dream Gaming, Skywind Group, and PAGCOR. 

Nowbet accepts various payment methods, including Entropay, EasyPay, Eezie Pay, Help2Pay, and PromptPay. It has a number of partnerships with local banks, such as KBank, SCB, Krungri, Kiatnakin Bank, Government Savings Bank, Bangkok Bank, and Krungthai Bank. 

If you want some betting action now, visit their site and claim the rewarding bonus.

188bet

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If you want to do sports betting, then an online casino like 188bet is the place for sports bets. 188bet is an online casino that started back in 2006, whose primary offering is sports bets. They cover a lot of sports, including the world’s favourite football game. But, there is also tennis, baseball, American football, and much more. On top of that, they also offer esports covering tournaments for Dota 2 and CS: GO, for example, so you can be sure that the website has tons of offerings for all types of punters. 

Players can bet on live matches and even make parlay bets, plus enjoy bonuses with 188bet. It offers one of the best user experiences with secure gaming. It has secured a gaming licence from the Isle of Man, which is also known in gaming circles as one of the most reputable. 

188bet accepts a wide range of payment options, including local bank transfers and e-wallets such as Entropay, Skrill, and Neteller. Visit them for some of the best sports betting now.

WeBet

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WeBet is one of the online casinos and sportsbooks that is the perfect online destination for sports bets. It allows players to enjoy sports betting in the comforts of their home. Customers get to bet on live matches for different sports and leagues. So if you are a football fan who likes sports betting, you can bet on live games for the Asian Cup, Premier League, and more. The same goes for other sports, be it basketball, baseball, football, or the many different wide varieties of sports they offer in their books Saba and WeBet Sportsbooks. With WeBet, your bets can get better conversions than the spins in any casino.

WeBet has licences from both the Government of Curacao and the Philippines First Cagayan so there are no issues when playing from any locations in Thailand. The casino also offers an easy way to get the winnings as it accepts various withdrawal methods, including Neteller and bank transfer in your home country. So what are you waiting for? Enjoy top-notch sports bets with WeBet now.

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If you are a game fan, you know that a little sports betting makes watching your favourite team more exciting. These sportsbooks add bets to your sports watching. 1XBet has a wide variety of sports in their sportsbooks for their players. They also have a variety of bonuses that give you more money to play with. Plus, the website is available in English. Another great thing about 1xBEt is that it allows depositors to use Bitcoin to fund their accounts. They can also use Bitcoin to place bets. For withdrawals, 1xBet also accepts Entropay and local bank transfers. So if you want some sports betting action, visit 1xBet.

When choosing the best sports betting sites to play on, you have to make sure they have the proper casino licence from reputable gambling commissions, data protection, clear terms and conditions, a wide selection of payment options (PayPal, Entropay, etc), reliable customer service, and acceptable odds. Check out reviews to know if the online betting site provides the best user experience.

Which Sport is the Best for Betting?

If you want to explore the online betting markets, you have to be familiar with the sport that would bring the best value for your money, time, and effort. This way, it will be easier for you to know where to place your sports bet. Sports knowledge is crucial when placing online bets. Before you deposit money on your account, make sure that you have the necessary experience about the sport, you know the rules, and the min odds, the best strategies to apply to win good money. It would be best if you can attend at least one of the many sporting events hosted by gaming leagues. That said, here are some of the popular games for online betting: 

Soccer

You can place bets on the many soccer games. The most profitable way to win money on soccer is by taking a two-way Moneyline, which you can get via a Double Chance and Draw No Bet. Goals are important to note in this game. Of all leagues, the Premier League receives good attention from punters. 

American Football 

This is another sport where bets usually run to the thousands. Like soccer, goals are also crucial in placing bets. When betting on this game, bet on college football as it offers the most value over the NFL. 

Basketball

Of course, the NBA is the most favoured basketball league to place bets. However, if you want to improve your winnings, it is best to wager on college basketball with a 29.22% ROI score over the NBA’s 13.92%.

Tennis

While it may not be as popular as football or basketball, tennis also has extensive support from punters. The most profitable way to win is to bet on the money line, which is essentially choosing the winner of the game. Often, there are no min bets in tennis games. 

Cricket

 

There are two ways of betting on cricket. The first one is pretty straightforward because you will simply have to bet on the team that will win the match. This means you can either place a minimum bet on a team that you think will most likely win. The other bet is to bet on the outcome of the six overs or how many runs a team can score in a given time. 

Golf

For many players from the UK and the Czech Republic, golf is another sport that rewards them with good money. Bets are usually on who will win the match. In some cases, however, some punters would prefer to raise the stakes a bit by placing bets on who will most likely hit a hole in one. 

Formula 1

When you want to bet on a Formula 1 race, it pays to be early. You have to understand that sportsbooks will usually close the betting once the season starts. So bets should be in by the start of the season. As such, it helps to spend the off-season studying and reading up on the racers who will race for the upcoming season. 

Boxing

Bets on boxing are one of the most legal in sports betting. In fact, it is common knowledge in betting circles that huge bets are placed on popular boxers. In fact, there are no laws that state boxers cannot bet on themselves. Floyd Mayweather even made a pronouncement before that he will bet on himself. The key to winning your bets on boxing is reading up on the boxers themselves. See if they have the ability to knock out their opponent as it is the most secure way to win.

While these sports receive plenty of stake from avid bettors because of their odds, you can choose a less popular game if you want to really increase your winnings. You just have to be clear on your gambling goals. Your bets depend on how much experience you have with these games. 

How Can I Legally Bet On Sports Online?

If you still have doubts about placing a sport bet in an online sportsbook without breaking the stipulations stated in the Gambling Act 2005, you should go for online sites that have the appropriate licence. For example, ElectraWorks Limited has received a fixed-odds licence. This means that you can place a bet on any game offered by ElectraWorks Limited without fearing any possible prosecution from the government of Thailand. 

It also helps if you choose an online sportsbook that has a licence from reputable governments, such as the  UK Gambling Commission, the Government of Gibraltar,  and the Gibraltar Gambling Commissioner. Note: ElectraWorks Limited is also regulated by the said commission. 

Aside from picking a selection of games in English, you should also take your time in reading up a website’s terms and conditions section, particularly when it comes to the deposit methods. Depositors should be aware of what acceptable deposit methods are available to fund an account or to get money in case of a win. Some of the commonly used in Thailand casinos are Bitcoin, Neteller, Entropay, and PayPal. This way, it is much easier to get money to their account for every win rather than converting them to spins or casino coins. 

Also, consider the casino’s data protection to ensure that the win money goes straight into your account. 

Is Online Betting Profitable?

Yes, it can be profitable once you have a feel of the betting markets. Start with the ones that you are most familiar with before exploring other betting markets with huge odds. For example, you can place your bets on different games in the Premier League or Champions League before trying your hand on the Rugby Union. You can also watch Live Highlights Football and get a feel of the market before investing a good amount of cash in your account. For most local residents, online betting on the more trending now football games help build confidence in choosing the selections from your bet slip. 

Understanding the odds is crucial. You have to know that “home” players may have better odds over “visitors.” You also have to know that there are some bets that have fixed-odds. Having the right experience with the Asian odds and the European odds can also become handy. 

If one of your goals is to place bets in Thai sportsbook if you are in the United States and the United Kingdom, you don’t have to worry as these websites can accept bets from wherever you are, and a lot of them are available in English. In some instances, however, you may need to use a VPN to access. Many customers bet on a football game, which can either be on the collegiate level or the professional ones. The stake, of course, is higher for professional football since the odds are greater as well. In terms of legality, as long as your state does not have any laws on gambling on online sites, this should not be a problem on your side. 

Are you ready to upgrade your gambling from spins to sports bets? Start by placing the min stake, and enjoy the game in the comforts of your home.

Is Online Sports Betting Legal in Thailand for the United States and United Kingdom Players?

If one of your goals is to place bets in Thai sportsbook if you are in the United States and the United Kingdom, you don’t have to worry as these websites can accept bets from wherever you are, and a lot of them are available in English. In some instances, however, you may need to use a VPN to access. Many customers bet on a football game, which can either be on the collegiate level or the professional ones. The stake, of course, is higher for professional football since the odds are greater as well. In terms of legality, as long as your state does not have any laws on gambling on online sites, this should not be a problem on your side. 

Are you ready to upgrade your gambling from spins to sports bets? Start by placing the min stake, and enjoy the game in the comforts of your home.

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