Sports Betting in the Philippines: A Comprehensive Guide

Sports betting has become a massive industry in the Philippines, with estimates suggesting that the gambling sector is worth around six billion dollars. Filipino gamblers have developed a strong appetite for online betting, leading to a surge in offshore sports betting companies catering to their needs. This article will delve into the world of sports betting in the Philippines, exploring the best sites available, the various sports and markets offered, bonuses for new players, payment methods, and much more.

The Best Sports Betting Sites in the Philippines Reviewed

When it comes to choosing the best sports betting sites in the Philippines, several criteria come into play. Below are some of the top-rated platforms based on various factors such as user experience, security, and range of offerings.

• BK8 – Best overall sports betting site in the Philippines.
• MyBookie – Strongest security in sports betting in the Philippines.
• BetOnline – Best deals on offer at sports betting sites in the Philippines.
• 1xBet – Wide range of payment methods.
• 22Bet – Top online sports betting site.
• ShangriLa – Best special offers.
• Fun88 – Best new sports betting site.
• Betinasia – Great selection of real money sports betting.
• Bet365 – Best online sports betting app.
• Me88 – Top site for odds pricing.

Best Online Sports Betting Sites in the Philippines

Let’s take a closer look at the top five online betting sites that stand out in the Philippines:

1. BK8: The True Asian #1 for Sports Betting

BK8 excels in live sports betting, offering a plethora of markets powered by leading software providers like Evolution and Pragmatic Play. With a comprehensive gaming platform, BK8 provides access to sports betting, slots, table games, and lottery games, making it a one-stop shop for all your betting needs.

2. MyBookie: Excellent International Site

MyBookie has been a reliable name in online betting for years, licensed in Antigua and Barbuda. It features a robust casino section, live casino options, and horse racing. New players can benefit from a generous 100% matched deposit welcome bonus, up to $1,000.

3. BetOnline: Experienced and Well-Respected

With a history spanning over 25 years, BetOnline is a trusted name in online gambling. It offers a wide range of sports betting options, including esports, and boasts an extensive casino section. New players can enjoy a bonus of around 50,000 PHP, although it’s a 50% bonus awarded in US dollars.

4. 1xBet: Editor’s Pick for Variety of Betting Markets

1xBet has evolved from a European sportsbook into a comprehensive gambling platform. It offers a generous bonus of up to PHP 5,400 and a variety of betting options, including slots and live casino games.

5. 22Bet: Another First-Class International Site

22Bet combines the best features of 1xBet and BK8, offering extensive sports betting options and a variety of casino games. New players can enjoy a welcome bonus of up to PHP 7,500, making it an attractive option for Filipino bettors.

How We Select the Best Philippines Online Sports Betting Sites

When evaluating online sports betting sites, we consider several important criteria:

• Variety of Betting Markets: A wider range of betting markets enhances the betting experience. Sites that cover lesser-known sports alongside popular ones score higher.
• Special Offers and Bonuses: With many options available, welcome bonuses and promotions can significantly influence a player’s choice.
• Customer Service Options: Reliable customer support is crucial. Top sites offer multiple channels for assistance, including live chat and email.
• Banking Options: A variety of deposit and withdrawal methods is essential for convenience and security.

Best Online Sports Betting Sites in the Philippines: Key Features

The following table summarizes the key features of some of the best sports betting sites in the Philippines:

Online Sports Betting Bonus Offers in the Philippines

New players can often take advantage of welcome bonuses when signing up at online sportsbooks. Here are some common types of offers:

• Deposit Bonus: Typically, your first deposit is matched to a certain percentage, often 100%. Always read the terms and conditions to understand the wagering requirements.
• Free Bet: Some sites offer free bets as a welcome gift, requiring a minimum deposit or bet to qualify.
• Risk-Free Bet: This offer allows you to place a bet, and if it loses, your stake is returned as a free bet.

Top Deposit Bonus Welcome Offers in the Philippines

• BetOnline: 50% Match Up To $1,000
• MyBookie: 100% Match, Up To $1,000
• 22Bet: 100% Match, Up To 7,500 PHP

How to Select the Top Online Sports Betting Sites in the Philippines

When narrowing down your options for online sports betting, consider the following questions:

• Are Filipino gamblers permitted?: Ensure the site allows registrations from the Philippines.
• Are Philippine Pesos available as a currency option?: Check if the site accepts PHP or if you need to convert your currency.
• Are local payment methods accepted?: Popular eWallets like GCash may not be widely accepted, so verify the payment options available.
• Do local sporting events appear on the betting site?: Look for sites that offer betting on popular local sports, such as basketball.

Sports Markets Available to Filipino Bettors

Filipinos have a diverse range of sports to bet on, with basketball being the most popular. Here are some key markets:

• Basketball: NBA and PBA betting options are widely available, catering to the local passion for the sport.
• Football: The English Premier League is a favorite among bettors, with numerous betting markets offered.
• Esports: Games like League of Legends and DOTA 2 are gaining traction, with many sportsbooks providing extensive coverage.

Where to Find the Best Sports Betting Odds

Finding the best odds can vary by sport and market. Some sportsbooks may excel in specific areas while offering average odds in others. Here are a few sites known for competitive odds:

• Me88: 100% Deposit Bonus Up To 5,600 PHP
• 22Bet: 100% Match, Up To 7,500 PHP
• 1xBet: 100% Match, Up To 5,400 PHP

Payment Methods Available in the Philippines

Filipino bettors have access to various payment methods for deposits and withdrawals. Here are some common options:

• Debit/Credit Cards: Generally accepted with no fees, minimum deposits around $10.
• Bank Transfers: Usually free, but banks may charge fees.
• E-Wallets: Popular for their convenience, though they may incur fees.
• Cryptocurrencies: Increasingly accepted, with low minimum deposits.

Best Mobile Betting Sites

With over 40 million smartphone users in the Philippines, mobile betting is on the rise. Many sportsbooks offer mobile-friendly websites or dedicated apps. Here are some of the best mobile betting sites:

• BK8: Up To 150% Bonus
• 1xBet: Up To PHP 5,400
• 22Bet: Bonus Up To PHP 7,500

Philippine Online Betting Sports Betting Tips

To enhance your online betting experience, consider these tips:

• Be aware of alternatives: Explore different betting markets and options.
• Focus on a single sport or type of betting: Specializing can improve your chances of success.
• Be responsible and follow the rules: Set limits and stick to them.
• Do thorough research: Look for opportunities that bookmakers may have overlooked.

The landscape of online sports betting in the Philippines is vibrant and full of opportunities. With a plethora of options available, bettors can easily find a site that suits their preferences and needs. May the odds always be in your favor!