Sports Betting in Vietnam
Gambling has been a huge part of Vietnamese culture for a long time and betting on sports is no different, although it still remains something of a grey area within our borders. Due to it’s overwhelming popularity, it is anticipated that Vietnam lawmakers will make football (bóng đá) betting legal in the near future.
For now it is possible to use online bookies that are legal and licensed in foreign countries. Some of these even offer betting accounts in đồng, support our language (tiếng Việt) and accept local bank transfer. The most honest websites meeting this description are listed below.
- How to Deposit
- Visit Site
- Bank Wire
- Vietnamese / English
- Bank Wire / eWallet
- Vietnamese / English
- Bank Wire
- Vietnamese / English
To use these any of websites you will first need to make a deposit. All three sites accept direct bank transfer from Sacombank (Sài Gòn Thương), DongA Bank (Đông Á), Vietcom Bank (Ngoại thương) and ACB Bank (Á Châu). If your local bank is not on that list then you will want to use www.188Bet.com. They offer local bank transfer to and from every bank in Vietnam.
I will quickly explain how the depositing process works. If you start by transferring 2,000,000₫, your starting account balance is of course 2,000,000₫. If you then bet 500,000₫ on Manchester United to win a match against Liverpool, your account balance becomes 1,500,000₫. If Manchester United wins the 500,000₫ is added back to your account and so are the winnings from that bet.
If you are lucky with your betting choices, your account balance will grow due to winning. When it does you, can request a withdrawal for any amount up to 100% of the balance. The bookie will then take the money out of your account and send it to your local bank. This takes a couple of days to process.
What Sports Can I Bet From Vietnam?
The websites covered on this page are all Asian bookmakers. They are given this name because they offer Asian handicap betting, support Asian odds formats, languages and currencies. In Asia no doubt football (bóng đá) is the most popular sport so this is their primary focus. Before I discuss football, I will explain how the odds work.
European Decimal Odds
At Asian bookies there are several different odds formats. The easiest to use are called European Decimal Odds. You will find an option at each bookie to change odds format – this one here is labeled EUR, Euro, Dec or Decimal. In this format, the odds reflect how many times the amount staked will return (that is of course if it wins). So if you stake 650,000₫ at odds 1.90 a winning bet returns 650,000₫*1.90=1,235,000₫. Of that 650,000₫ was your stake and 585,000₫ is the profit. So now we understand how to calculate the returns from a wager, I will cover the various football betting options.
Football Betting Options
For the most part, all football matches from every league worldwide can be bet online. For each there are multiple betting options. The most popular options are 1X2 and Asian handicap bets.
1X2 is a market where you bet home team, draw, or away team. Each will have different odds. For an example from a Copa del Rey match – the odds were Barcelona 1.65 Draw 4.25 Real Madrid 2.75. This betting option is for regulation time only. When you place this kind of bet, the odds are for the result after 90 minutes plus stoppage time only. Any result that happens in extra time or a penalty shootout does not count.
However, bookies do offer a “to qualify” betting market where you can bet on who you think will win a match over two legs. For example in the Champions League, after the 1st leg of a 2-legged match has been played, you can bet on a team to make it through to the next round. If you make this type of wager, then extra time and penalty shootouts are both included.
Asian Handicap, or Kèo Châu Á as it is called in Vietnamese, adds a handicap (point-spread) to the odds. This can get a little confusing because there are multiple types of Asian handicaps.
- Even Number Handicaps are rare but to explain them let’s say in a V.League match the handicap odds are Dong Nai -1 vs. Ninh Binh +1. In this case if Dong Nai wins by 2 or more they are the betting winners. If they win by exactly 1 point it is a push (tie) and the stake is returned to those who bet either team. If the game ends in a draw then Dong Nai bettors lose because they had them -1 while Ninh Binh who had them +1 win. If Ninh Binh (the underdog) wins outright they are of course the winner for betting purposes.
- Draw No Bet is really the same as above. That said it is a term you should be familiar with. When even number handicaps are -0 / +0 this is referred to as draw no bet, or sometimes as home/away. This simply means the bet is a 2-way market on which team will win the match in regulation. If it is a draw it is a tie for betting purposes and all bets are refunded.
- Half Point Handicaps are also very common. These eliminate the potential for any ties (pushes). Let’s say A.C. Milan is -0.5 in a match. If they win by 1 or more goals they are the winner for betting purposes. If they draw or lose the match their opponent is the winner for betting purposes.
- Quarter Point Handicaps are also common and tend to confuse Vietnamese punters who are not familiar with the term Asian odds (Kèo Châu Á). If the handicap is -0.25 it means half of your stake is bet at -0 and the other half is bet at -0.5. If the odds are -0.75 then half your bet is on -0.5 and the other half on -1.
1X2 and Asian handicap are only two of the many ways to bet football online. You can also bet over under on the number of goals scored in a match. You can bet prop markets such as if a specific player will score, total corners, total cards, first team to score, will both teams score, and much more. Odds are offered on all the top European leagues such as EPL, La Liga, Serie A and Bundesliga. Of course you can find all others too and Vietnam’s V.League (Giải bóng đá Vô địch Quốc gia) is offered at www.188bet.com.
Betting Other Sports Online
188Bet who I just mentioned, also offers betting on ASEAN basketball league (ABL). This means here you can bet on Vietnam’s only professional basketball team the Saigon Heat. You can of course also find odds on other sports such as badminton, tennis, Australian rules, cricket, ruby, baseball, Formula 1 and much more.
Watching Sports Online
www.bet365.com is the world’s largest online betting site. While they do not offer đồng (VND) betting accounts and do not support our language – if you’re interested in watching sports online in English this is an awesome website to use. To do so you’ll need to open a www.skrill.com account to make deposits.
Skrill is an e-wallet that functions just like an online bank account. Open an account for free on their website and immediately start the address verification process. They will mail a letter to your home with a code on it that needs to be entered online once received. From here you can fund your Skrill account with wire transfer or in some cases credit or debit card. One card I know 100% for sure that it works (because I use it) is Rêv Visa Internet Card. I have read on forums that Visa Prepaid from ACB Bank, Visa / Mastercard Credit & Debit Sacombank might work too.
Once you load money on to Skrill you can visit the Bet365 cashier and deposit using your Skrill balance. When you win you can cash the money back to Skrill. This money can then be stored for future use, deposited to another gambling site, or transferred to your Vietnamese bank account.
With a funded Bet365 account (minimum $5 US balance required) you will have access to high quality live sports streams right from their website. You can even bet these sports with live in-play betting while watching them online. Really neat is Bet365 also has in-play betting on ASEAN basketball league, so if you are an ABL fan and a gambler this is a near must have account. Of course it is also great for watching and betting football live too.
Bet365 streams hundreds of matches for free every week for anyone with a balance of $5 or more
Be careful of Illegal Betting Sites
Quite often Vietnamese news agencies report the arrests of agents that work for online bookies. Companies that have been busted here include Cambodia’s Crown casino, Indonesian owned M88, and SBOBet. Understand while these are all legitimate companies it is the fact they employ agents here that gets them in trouble with Vietnamese law. The websites I suggested on this page have no presence in Vietnam and have no agents here to bust.
188Bet is licensed in the Isle of Man which is a British Crown dependency. This is an approved gambling jurisdiction by the United Kingdom’s Gambling Commission (which licenses Bet365). Dafabet and Bodog are licensed in the Philippines where gambling is legal too. These websites operate legally under the laws of their jurisdiction and international law.
In Vietnam small stakes sports betting is only a petty crime. However, if caught gambling while on non-custodial reform (or for high stakes) it becomes a very serious crime in a hurry. This is why it is best to stick to companies that are legal and licensed in foreign countries. Our police are not very concerned what people do from the privacy of their own homes. This is even truer when none of the gambling involves our country.
Occasionally the government blocks access to gambling websites and we need to use VPNs to get around it, but that’s about the extent. There is no point risking a petty conviction which then makes you subject to stricter laws – over something that is meant to be for the purpose of recreation and entertainment. So relax, have fun, hope for a lucky run, and stick to using the gambling sites suggested here at Asiabet.org.