Best Bookmakers in Malaysia

How to Start Betting at a Bookmaker in Malaysia?

Now that you know how to choose the right online Malaysia bookmakers for your needs, it’s time you get started. The process is not nearly as complicated as you think it is. Just follow our instructions, and you’ll be good to go in no time.

Registration

Once you’re confident in your online sports betting Malaysia site choice, complete the registration process. Locate the registration button on the homepage and provide the required data. Make sure you’re providing legit information because you’ll need to verify your account through the KYC (know your customer) process later.

Deposit

To place a bet, you need real money in your account. For that, you’ll need to use one of the offered online payment methods. Make sure that the method you’re using is registered in your name. If it’s registered in someone else’s name, the betting site will flag it and stop you from depositing.

Placing Bets

The last step in the process is as simple as placing a bet. Log in to your account and choose a sport from the A-Z menu. In almost all cases, there will be further categories where you must choose the tournament and the match. Once you land on the markets page for a particular match, you must click or tap on a market to add it to your bet slip.

Bonuses You May Get at Malaysia Betting Sites

Bonuses are exclusive to the iGaming industry, and it’s the most effective way for operators to bring in a new influx of customers. These bonuses are also very beneficial for the punters as they can quickly boost their bankroll. Let’s go over the most common betting bonuses you might get at the best sports betting sites in Malaysia.

Welcome Bonus

All reputed Asian bookmakers offer a welcome bonus. It might be free bets, risk-free bets, or a simple cash bonus. Cash bonuses are often deposited as a match percentage to your first or a few of the first deposits. If it’s a 100% match bonus, it simply means you can win the exact amount of your deposit as a bonus.

Free Bets

As we already mentioned, freebets can be a part of the welcome bonus. These are betting vouchers that have a fixed value. For example, if you receive 100 RM worth of free bets, it means you can place bets worth up to 100 RM with that voucher. You can only keep the winnings from these free bets.

Risk-Free Bets

The modality for this bonus is very similar to free bets. But you get insurance on that in case you lose. For regular free bets, if your selections lose, you will also lose the regular free bets. Although it’s not a real loss, it’s a lost opportunity. For a risk-free bet, on the other hand, you get a refund if your selections lose.

Odds Boost/ACCA Boosts/Enhanced Odds

Different betting sites label this bonus in various ways, but they ultimately mean the same thing. An odds boost campaign is designed to boost your winnings on selected events, and Boosts might be offered daily, weekly, or monthly.

How to Choose the Right Betting Site?

Before you can successfully start placing bets, you need to choose the right betting site. So, the criteria we use to rank the Asian bookmakers in the first place can help you in the process.

• Operating License

Malaysia doesn’t offer any local online license, and it’s considered illegal. So, your only option is offshore betting sites. Needless to say, you must ensure that it has a valid license that covers Malaysia as a jurisdiction.

• Sports Library

As you’re looking into Malaysia sportsbook platforms, it’s clear as day that you have an interest in sports. So, the library of events an online bookmaker offers should be a major criterion in your decision-making process.

• Betting Features

The sports library is good, and all but you need some additional features to make your time more enjoyable. These features can include cashout, live streaming, bet builder, etc.

• Promotions

If you were only to bet on real sports, it could become boring pretty fast. That’s why we always look for generous promotions and bonuses for the people who bet online in Malaysia. We have a section coming up regarding promotions, so stay tuned for that.

• Payment Methods

If you don’t have a method to deposit and withdraw in the first place, even the best agencies won’t do you any good. Keep your eyes open for our payment section, where we go in-depth about the methods in Malaysia.

• Customer Support

Lastly, we want you to have the best “after-sales” experience when you’re betting on online sports. For this particular industry, it’s done solely by the customer support team.

Best Betting Apps in Malaysia

1xBet

1xBet in Malaysia has one of the largest collections of betting markets. The same markets are also available on the downloadable mobile app. You can find the buttons for both iOS and Android on the 1xBet website.

Methods for Deposits and Withdrawals

As promised, we’re going to cover your options for deposits and withdrawals in Malaysia. You’ll be glad to know that these are widely considered the best ways to pay online bookmakers worldwide.

Visa/Mastercard

If card payments are concerned, it doesn’t get any better than Visa and Mastercard. Both of these companies are available in Malaysia, and you can get the cards from your local banks.

PayPal/Skrill/Neteller

People who’ve used e-wallets for online shopping for fund transfers are often reluctant to use any other method. Thankfully, all 3 giants of the e-wallet industry, as in PayPal, Skrill, and Neteller are all present in Malaysia, and real money betting is just 5 minutes away from you if you decide to use any of the wallets.

Bank Transfers

Plenty of 3rd party bank transfer services allow you to pay directly into an online betting site’s account. All you have to do is find the right match for your bank.

Bitcoin/Cryptocurrencies

While Bitcoin is the most prominent member of the crypto family, it’s not the only one. In recent years, many betting sites accepting players from Malaysia have come forward to accept cryptocurrencies for deposits and withdrawals. If you don’t have a wallet, it might be time to get one.

Types of Sports Betting

“Sports betting” is a massive term that covers many different types of activities. To make the experience full circle for you, let’s go over the common types briefly.

• Pre-Match Betting

These are bets you must place before a match starts. Some bookmakers close off bets 30 minutes before the match, while others may let you lock your bet even 5 minutes before the match. Whatever the case is, you won’t be able to change your selection once the match starts.

• Live Betting

In live betting, you get to place bets while the match is live, which means more markets and options to make money on ever-changing odds.

• Virtual Sports Betting

This is exactly like sports betting, but the events are virtual. Think of them as computer games that no real human is playing.

Online Gambling Laws in Malaysia

Whenever you’re dealing with an online gambling site, it’s crucial to determine whether the platform is legal or not. And to understand the legality of online betting in Malaysia, we have to look at the laws.

Currently, gambling is regulated according to the Common Gaming House Act 1953 (CGHA), the Betting Act 1953, and the Syariah Law.

The Common Gaming House Act is an updated version of the original 1953 Betting Act. According to the latest amendments, online gambling is illegal in Malaysia. However, the legislation only covers “providers”, as in betting sites and local gambling joints.

It also mentions that it’s illegal to operate a gambling business without a license from proper authorities in Malaysia.

What do we understand from this? It’s that no betting site can accept players from Malaysia if it’s based in Malaysia and doesn’t have a license. Does that mean you can’t bet on your favourite sports from the country?

Of course, you can! It’s just that you have to stick to offshore betting sites. By “offshore”, we’re referring to sites that are not based in Malaysia. At the same time, you should only bet at sites that have a valid license.

Any licensing authority that doesn’t restrict Malaysia is valid for online punters. Malta Gaming Authority and Curacao Master Licenses are great examples of such licensing bodies you can use.

Esports Betting Sites

In recent years, esports have become one of the major players in online betting. The global tournaments bring in the best esports teams from around the world. Just like the rest of the world, Malaysian punters are also on the hunt for the best betting opportunities.

You can expect markets for CSGO, League of Legends, Rainbow Six, Valorant, Overwatch, and lots of other games on Malaysian betting sites. The competitive nature of the games and the massive communities behind them make esports betting a very enjoyable activity.

If you have a particular game in mind, start by searching for it on the betting site. Or, you can choose the “esports” option on the betting page to get the full list of options.

Check out our top 3 picks as the best esports betting sites in Malaysia:

1. 1xBet: The biggest collection of esports events
2. Bet365: Excellent reputation and reliable markets
3. Parimatch: Competitive odds with a welcome bonus

Top 3 Football Betting Sites

Football betting is by far the most loved activity among punters. Football is the most popular sport in the world and at any given time, you’ll find thousands of active markets to bet on. It’ll be a miracle if you can find an online betting site in Malaysia that doesn’t offer football betting.

The key aspect of betting on football is choosing the right site. We have a complete list of the best betting sites in Malaysia so you should start there. You need to look at the license, payment methods, and available markets before you choose a site to start betting.

Here are the best football betting sites for Malaysian punters in our opinion.

1. 1xBet: 100% match welcome bonus
2. Bet365: Dedicated football betting promotions
3. Parimatch: Most high-voltage tournaments

Top 3 Horse Racing Betting Sites

Horse racing betting is perhaps the most elegant version of sports betting. Popularized by the British, it’s now an extremely popular sport all over the world. The legacy of betting on horses at the track has carried itself over to online sports betting too!

In the online betting sites we’ve listed on this page, you can find the best horse races from across the world at the best odds. Our team of experts has spent a lot of time filtering through these betting sites to find the best value for your time and money in the country.

Check out our collection of the best horse racing betting sites in Malaysia.

1. Bet365: The most respected horse races
2. Parimatch: Good collection of races
3. SBOBET: 100% match bonus on sign up

Top 3 UFC Betting Sites

For the longest time, MMA didn’t get much traction among online bettors. Until the UFC came around. UFC or the Ultimate Fighting Championship is a promotional event that matches up the best fighters from across the world for title fights.

The sheer level of marketing and innovative promotions has made UFC the most-watched fight show ever. And this is why you should bet on UFC fights because millions of other punters are doing too! Thankfully, almost all online betting sites have MMA or UFC as a valid sport for betting. All you have to do is find the option from the A-Z sports menu.

Here are our top 3 picks for UFC betting:

1. 1xBet: 100 match bonus on the first deposit
2. Bet365: Top-quality odds before any other site
3. Parimatch: 100% first deposit match bonus

Read more

New Bookmakers in Malaysia

Best Bonuses and Offers from Bookmakers