The good news is it still possible to use overseas online betting site from the privacy of one’s own home without issue. Many betting site are based in the Philippines that offers casino, sports betting, poker online and Mahjong to Malaysia residents.
Gamers can deposit online or at the ATM using direct bank transfer. When they win, cash outs can be requires to the same method. The banks supported by Bodog Malaysia include Maybank, CIMB, RHB, Public Bank, Standard Chartered Bank, Hong Leong Bank, EON Bank, Affin Bank, Alliance Bank Malaysia, AmBank, Citibank, HSBC Bank, OCBC Bank and United Overseas Bank.
The Online Gambling Laws in Malaysia
In a country where the next betting protests seem always around the corner, using gambling located in the Malaysia from one’s own home is stress free and a much welcomed change.
In Malaysia our online gambling laws are quite interesting. Resorts World Genting is reachable in about 1 hour from our capital Kuala Lumpur by train. This is where Monte Carlo Casino, StarWorld Casino and Hollywood Casino are located. It is however illegal for 60% of our population to use those casinos – specifically Muslims. The same applies to other forms of betting here too.
In this article I’ll explain the laws, what forms of betting are legal, and how this differs for Muslim and non-Muslim. If you’re interested in Online Betting from Malaysia there’s a Part II article that you can read on the bottom of this page.
Online Betting Casino in Malaysia
In this article I address the various forms of legal gambling in Malaysia as well as our national gambling laws.
First and foremost, I’d like to make a clear distinction between online casinos based in Malaysia and these based offshore. Any internet casinos that are operating from Malaysia are completely illegal. It’s against the law to run an online gambling site that has the office, server or any other form of physical presence in our country.
However, companies that are based outside of the borders are not illegal. A lot of these companies are big worldwide brands that are used by people across the globe and many of them are even listed on the London Stock Exchange. These aren’t shady, underground sites, but are in fact huge multinational companies who’s services are used by tens if not thousands of people on a daily basis. A number of them have partnerships with some of the world’s largest sporting teams such as teams in the La Liga and English Premier League in Spain, as well as sponsoring some of the world’s largest sporting events.
If you’re going to play at an casino online Malaysia, it’s essential to use the second kind of site listed above. Not only are these sites completely legal internationally, but they’re also highly regulated and run in an extremely professional manner. If you select to play at a Malaysian based website, you are entering the Wild West of online betting Malaysia. These sites have no regulators, are illegal here and might well be rigging their games to give you a 0% opportunity of ever winning. Stay safe and only play at those sites based overseas.
Visit Mas8 online betting site and read more online betting tips for online sports betting Malaysia