The gambling industry is one of the fastest growing in the industry. It is practiced widely in many parts of the world and the Philippines is one of the countries where gambling is welcomed. While betting provides an opportunity to make more income, the majority of bettors bet for entertainment and fun.
“The choice of bookie you make has a reasonable influence on your betting experience hence the importance of making a solid choice. With a good bookie, you will have access to several benefits like bonuses and free bets. You will also enjoy fast payouts, competitive odds, and responsive customer service,” points out Dipo Lukman (Takebet.ph), a sports betting expert and bookie reviews author.
As a beginner, it may be quite tricky to find the best sports betting sites in Philippines. This is because the gambling industry has grown so large that it is easy for deceptive online sportsbooks to join the mix. One thing you don’t want to experience is a bookmaker robbing you of your hard-earned money.
However, do not fret, Takebet Philippines has got you covered. In this article, I will share invaluable insight into how to filter the noise in the betting industry. I will share some criteria to consider when choosing an online gambling site. Do you want to learn these simple tricks? Read on.
Is sports betting legal in the Philippines?
Answering this question is quite tricky. Sports betting is legal in certain demographics in the Philippines. For instance, foreigners can engage in online betting from the Cagayan province but Filipinos can’t as it is illegal in such a scenario
The Philippine Amusement and Gambling Corporation (PAGCOR) is the body responsible for regulating online gambling in other parts of the Philippines. You should note that Filipinos are mandated to place their bets from a PAGCOR outlet, they can’t bet from their residence.
However, based on the law passed in 2012, the Philippines does not prohibit offshore betting sites from operating within the Philippines. Hence, Filipinos can bet on offshore bookmakers and not commit any crime.
Where to look for proven betting companies in the Philippines?
There are several online sports betting sites operating in the Philippines. You will mostly find the proven ones through recommendations. These recommendations could be online or from other Filipino players. You should however note that bettors choose betting sites based on their needs so you need to do due diligence on the recommendations you get.
For instance, some bettors choose a bookie because of the high odds it offers compared to other bookies in particular sports like football. Likewise, some punters will choose a sportsbook because such a bookie offers more bonuses and promotion offers. In essence, check out the recommendations you get, compare them, then choose the one that suits you.
Here are some of the proven mobile sports betting sites in the Philippines in no particular order of preference:
- 1xBet
- 20Bet
- MelBet
- Fez Bet
- Pinnacle
- Betway
- 22Bet
- ComeOn
- Sportsbetting.ag
- BK8
How to choose the best betting site in the Philippines?
Choosing a good bookie can be tricky but once you consider some factors, it becomes much easier to make a decision. Here are some of the criteria to consider when choosing an online sports betting site;
Odds
Most punters aim for bookies that offer high odds and rightly so. Odds are multipliers for your bets and the higher the odds, the higher the potential winnings. The idea behind odds is simple, the higher the probability of an event happening, the lower the odds and vice versa. Only go for bookies that offer competitive odds.
While high odds may be enticing, one needs to be careful of bookies that offer ridiculously high odds as most of them just entice bettors to their platform. In the end, they are likely to go bankrupt or make away with bettors’ funds. Always consider quality before quantity.
Betting Markets
Most top bookies offer a wide range of betting markets across different sports. For instance, bettors can place bets on over/under, correct scores, goalscorer, draw no bet, handicap, and more. If a betting site offers limited sports and betting markets, it is safer to stay away from such a bookie. Besides, it doesn’t give you the flexibility you want.
Bonuses and Promotional Offers
Bettors love bonuses. Bonuses and promotional offers are incentives used by bookies to draw customers to place bets and encourage them to place bets. For instance, if a welcome bonus is given to a new customer on a betting site, there is a likelihood that more people will sign up on the bookie and place bets just to try out their hands.
Bonuses are mostly offered as free bets which significantly reduces the risk a punter is exposed to. At the same time, some bonus offers serve as a bet booster as they position you for higher potential winnings.
Payout Speed
It feels good to withdraw your winnings but it feels even better for your winnings to be paid out within a short time. Payout speed varies with the bookie and they often state the withdrawal period. Withdraw your winnings regularly and ensure the payout period of the bookie you use is reasonable enough. Most sites use Neteller for cashouts.
Customer Service
The way a bookie treats its customers shows how much such a bookie respects its customers. A good bookie should have 24-hour customer service to accommodate the needs of its customers. If the customer service is bad, you may want to look elsewhere.
Deposit and withdrawal options in the Philippines
The deposit and withdrawal methods may vary with bookies. Some of the most common payment methods bookies accept are Visa/Mastercard, Skrill, Neteller, and Paypal. You should confirm if you are comfortable with the payment options a bookie offers.
Conclusion
There are several bookmaker options available to Filipino bettors. Remember to choose bookies that satisfy your needs as a bettor as you may not prefer another punter’s preference.
I hope this article has shed some light on how to choose proven bookies in the Philippines. I wish you luck with your wagers!