Kuala Lumpur, Malaysia May 18, 2021 (Issuewire.com) - Malaysia Betting Sites
Online sports betting is hugely popular in Malaysia, with most bettors focusing on football betting. The reason many people turn to online sports betting despite their legal status is due to the lack of an option in the legal market and because most of the country is subject to strict sharia laws.
The offshore sportsbook offers bettors an alternative to their favorite sports betting with the best odds you can find anywhere. Many sportsbooks support Malay odds. You can place a wide variety of bets including parlay, teaser, head-to-head bets, straight bets, money line bets, and much more.
Check out the promotions on each sportsbook for special offers for new players. Many offer a welcome bonus and a first deposit, typically 100 percent competitive. If you deposit RM 50, you can start wagering with RM 100. Terms and conditions apply. Please check the promotion section for more details.
Are sports betting legal in Malaysia?
Unfortunately, online sports betting is currently illegal in Malaysia. The penalties will vary depending on the law you have to follow. For approximately 40 percent of the population, betting in live casinos is legal only, and the only form of sports betting allowed is parimutuel horse racing.
However, the Muslim population in Malaysia is governed by Shariah law. Under Shariah law, if you are a gambling addiction, you will face a fine of up to RM3,000 (MY RM 750), imprisonment for 2 years, or even both.
The Malaysian government is serious about cracking down on “illegal gambling,” but it focuses on gambling houses and temporary dealers, not just individuals. If you plan to place bets on an online sportsbook, the odds are left alone if you exercise caution in your bets, such as doing so through a VPN.
Former Prime Minister Najib Razak has asked to study legal sports betting before leaving office, so hopefully, Malaysian lawmakers will revisit sports betting laws soon.
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