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Sportsbetting In Hong Kong

When it comes to sportsbetting, Hong Kong must be one of the keenest nations in the world. Gamblers bet millions every year on world football and the biggest horse races. And when it’s World Cup year, the total can reach billions. No wonder bookmakers in Asia gear up for big sporting occasions as the HKD comes flooding in.

Online sports betting is strictly controlled in Hong Kong. However, it’s still possible to find hundreds of legit Internet betting websites that aren’t regulated at home. That doesn’t mean the sites aren’t suitable for Hong Kong residents, however. In fact, you can find safe, licensed betting with HKD deposit options, easy software for download or instant play, and great promotions all year round.

Let’s take a closer look at how Hong Kong residents can enjoy online sports betting wherever they are.

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Finding Top Sportsbetting Sites In Hong Kong

In 2017, online sportsbetting for HK players comes down to two choices: bet at the regulated HKJC (Hong Kong Jockey Club) website, or opt for an overseas room. The HKJC strongly warns against “illegal” betting on overseas rooms, with threats of fines and even prison. However, in 2017, while land-based card clubs have been shut down, it’s rare for casual gamblers to run the risk of prison for betting on the web.

It’s important to find the right online sportsbetting sites for you. You want a good range of markets and sports to make it worthwhile heading outside HK borders. You also need a good selection of deposit options to get your money in and out fast.

Customer support is essential too. The best sites provide Live Chat support and email service in Chinese and English. And when it comes to payouts, you want to enjoy fast, no-hassle withdrawals every time.

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Making Real Money HKD Deposits

It’s easy to get started with Internet sportsbetting. Hong Kong gamblers can register a new account in minutes as long as they aren’t on a list of Restricted Countries. Remember that if a site bans the use of a VPN to bypass restrictions, you may be denied payouts and have your account closed.

Once you have created a unique username and password, you can start to bet on cricket or football. The newest bookies sites and established firms alike will offer a welcome bonus. Typically, this consists of a 50-100% “match” on a first deposit. There will be conditions applied, of course. You will be set a “rollover” or “play-through” requirement. This is a condition that the player must wager his deposit amount on eligible sports and games.

For example, let’s say you sign up to a Hong Kong-facing sportsbetting room with a 50% match and a HKD5000 limit. You deposit the whole HKD5000, and the site will pay you HKD2500 if you meet the play-through conditions.

You are allowed to place bets on sports games priced at 2.00 or above to qualify. That means any bets or multiples at odds of 2.00 will contribute towards the bonus. The more you win early on, the more money you can put through the bonus scheme. Bonuses are usually limited and paid out in instalments direct to the player’s account.

Understanding Online Sports Betting Odds

If you are used to gambling on sportsbetting, Hong Kong odds will be familiar to you. They are similar to Fractional Odds used at UK-facing bookies sites but are displayed as a decimal.

For example, a Fractional Odds of 1/1 (even money) would be displayed in Hong Kong odds as 1.00. The profit is equal to 1.00 x the odds of an outcome.

At most online sportsbetting rooms, you can choose to display your odds as Decimal or Fractional. Some let you display odds as American Moneyline. However, some Asian-facing rooms will allow the Hong Kong style as well as Malay Odds and Indonesian Odds.

Betting On Football & Horse Racing

Football: By far, football/soccer is the biggest market for sportsbetting. Hong Kong customers can usually find hundreds of matches during a typical day drawn from leagues across the world. Whether you’re into AFC U19 Championship qualifiers or the Denmark Reserve League, there will be a match for you.

The range of bets available is generally much bigger than at the HKJC site. 1X2 bets are straight wagers on a Home or Away win, or a Draw. You can bet on Correct Scores, the Half-Time/Full-Time (HT/FT) result, or the first/last goalscorer. You can even mix your bets up with a Mix Parlay. This increase the odds as you place your stake on several outcomes at once.

Horse Racing: It’s fairly rare to find horse racing betting available at the larger Asia-facing bookmaker sites. However, the larger online sportsbetting firms based in the UK will offer great racing wagering at the week’s UK meets. You can usually bet on big races from Hong Kong or Australia too.

Once you have found a race course, pick a promotion. The highest-rated websites have unique offers to draw in the punters like Enhanced Odds on selected races or Best Odds Guaranteed. This is an assurance that the starting price (SP) will be the best available, regardless of how low it has gone during ante-post betting. If you like to enjoy a welcome bonus, special enhanced odds on feature races are usually offered.

Live Betting: Live Betting, or ‘In Running’ betting, is available at virtually all of our highest-rated sites. In-play betting lets you place bets during a match in real time. You can sometimes watch live streams of the games too as they take place.

Live betting odds change as the game changes. You may be able to read a list of updated stats too, like goal chances and possession. These extra stats are great for sportsbetting. Hong Kong football nuts can put their extra knowledge to the test and win more dollars.

Legality Of Online Sportsbetting In Hong Kong In 2017

The 1977 Gambling Ordinance is the major piece of Hong Kong legislation that governs gaming in the region. Like many countries in Asia, it’s very specific about certain games but prohibits others.For example, social and private gaming is allowed as long as all winnings go to players.

In the past, that has meant games like Mah Jong have been safe. But more clubs have been shut down because they have started to offer poker too. Even in cases where a fee wasn’t charged, these “illegal” poker rooms have been closes by police one after the other.

Bookmaking is strictly controlled. The Hong Kong Jockey Club remains the only operator allowed to provide legal football betting and wagering at the local race course. They have an online website that has markets on football and racing, but in general Hong Kong gamblers can’t bet on cricket or other major sports.

Discover Top Betting Sites And Grab A HKD Bonus

If you love online sportsbetting, Hong Kong residents have a wealth of sites available to them. In 2017, you can bet at the highest-rated bookies on soccer/football, racing, or basketball. You’ll even find interesting betting features like In-Play, Quick Deposits, and Live Streaming.

Choose from Hong Kong odds, Indonesian Odds, or standard Decimal Odds and have a bet today. When you sign up to one of our top rooms you can even enjoy a welcome bonus. Promotions vary but usually include a few free bets to get your bankroll off to the perfect start.

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