The Best Online Sports Betting and E-Sports Betting Sites in Malaysia – 2024
Across Malaysia, online sports betting Malaysia has become more prevalent, with a dramatic increase in popularity in recent years. With the rise of technology, sports betting has opened a world of possibilities for Malaysia’s sports fans. With betting sites such as Maxim88 and BK8 accessible in the country, more people have been able to put their knowledge and passion for sports to the test with the hope of making some money in the process.
Sports Betting Malaysia offers a range of different betting options for all kinds of sports fans. Whether you’re a fan of traditional sports such as football and cricket or enthusiastic about modern sports such as esports, there are plenty of different ways to get involved in sports betting in Malaysia. If you are seeking to try out sports and esports betting for the first time, you have just come across the best guide to get started. In this article, you’ll learn everything you need to know about sports betting Malaysia and more. Let’s get started.
Best Online Sports Betting Malaysia Gambling Sites 2024
Introduction to Sports Betting Malaysia
As stated earlier, sports betting allows individuals to bet on different sports markets. This is usually based on their knowledge of sports, research and available facts about specific teams or players. This means you can bet on games, players or the result of a team’s match. As a result, several bets are always available to explore in sports betting Malaysia.
With the addition of mobile sports betting Malaysia, bettors can place bets from their smartphones or tablets. This has made it even easier for bettors to bet and check the latest odds and lines. In recent years, sportsbooks have also introduced new types of bets, such as in-game betting, futures betting, and live betting. These new types of bets have made sports betting even more exciting and offer bettors a chance to make even bigger profits.
Traditional Sports Betting Malaysia vs. Online Sports Betting Malaysia
It is understandable if you are more familiar with betting in horse racing or the nearest casino and wondering what’s the difference with online casino Malaysia. Basically, traditional sports betting occurs in person, with bettors going to a physical location to place their wagers. The advantage of this type of betting is that it is relatively easy to understand, and you can get quick feedback on the results of the wager.
On the other hand, online sports betting Malaysia is a relatively new form of betting that has grown in popularity in recent years. This involves placing a bet online, typically through an online sportsbook, where bettors can make wagers on various sports and events. Many players prefer online sports betting Malaysia due to its convenience, accessibility, and less cost.
After all, you don’t need to travel several miles to access your preferred games. Furthermore, you can access a range of information and data to help make informed decisions about online games and strategies.
Pros & Cons of Traditional Sports Betting Malaysia and Online Sports Betting Malaysia
While digital betting continues to become more popular and accepted globally, it is not without some drawbacks. Meanwhile, the classic way of betting surely has its advantages and disadvantages. Learn about the pros and cons of both traditional and digital sports betting below:
Traditional Sports Betting Malaysia
Pros | Cons |
Easy to understand and place bets | High risk of losing money |
Variety of betting options | Subject to fluctuating odds and markets |
Players can bet on almost any sport | It can be difficult to win consistently |
Can potentially offer high payouts | Legal restrictions in some countries |
It can be fun and entertaining | This can lead to problem gambling |
Online Sports Betting Malaysia
Pros | Cons |
Convenience and incredible credibility | Risk of a security breach |
Multiple bet options are available | Lack of interpersonal interaction in some bets |
Lucrative bonuses and promos | High competition |
Fewer costs of betting compared to land-based betting | Possibility of addiction |
Types Of Sports Betting Malaysia
Generally, sports betting can be categorized into two broad categories as follow:
- Pre-game betting: Here is the most common form of betting among online sports bettors. In this case, you are required to stake your bet before the competition or match begins. Otherwise, you won’t be able to place the bet again until the next match or tournament.
- In-Play Betting or live betting: In-play betting is a type of betting that takes place during a live sporting event. Bettors can place stakes on the outcome of the event while it is still taking place.
Types Of Bets for Sports Betting
Several bets are often provided by the bookmaker. Hence, the number and principle of each bet may differ, depending on your preferred bet provider. Nevertheless, below are the most popular sports bets to know from the onset:
- Moneyline bets: This wager involves the bettor choosing the winner of a contest or event without any consideration for the point spread. This type of bet is typically used in sports such as boxing, MMA, and baseball. The Moneyline odds represent the amount of money that must be wagered to win a certain amount.
- Point spread bets: This is a wager on the margin of victory or defeat in an event. The bettor will either give or take points in order to make the bet a more even playing field.
- Totals bets: This bet entails the bettor predicting the combined score of two teams in a game. The bettor must determine whether the combined score of the two teams will be over or under a specific number determined by the bookmaker. Totals bet is popular in sports such as basketball, baseball, and football.
- Proposition bets: Often referred to as a prop bet, this wager includes determining the outcome of a particular event. A proposition bet is generally considered to be more of a fun, lighthearted bet, as opposed to a more serious bet, such as a futures bet. Some popular prop bets can include betting on the coin toss of a game, the colour of the Gatorade doused on the winning coach, or who will be the first player to score in a game.
Popular Sports to Bet On
- Soccer: Here is one of the most popular sports in sports betting. This is largely due to the wide recognition of the sport itself and the fact that it is a relatively simple game to understand and follow. Football is a great option for both recreational and serious sports bettors, as there is always plenty of action and excitement to be had with football wagers.
- Basketball: Another popular sport in sports betting is the well-known Basketball. Many bettors place wagers on games both at the college and professional levels. Basketball is a quick-paced game that often comes down to final possession, making it ideal for sports bettors looking for a thrilling wagering experience. With the NBA, NCAA, and WNBA all offering plenty of betting opportunities, Basketball is an excellent choice for those looking to make some money in the betting world.
- Badminton: Punters can bet on the outcome of individual matches or the outright winner of a badminton tournament or a variety of prop bets. Badminton can be a great sport to bet on, as it is relatively low scoring, making it easier to predict the outcome of a match. Also, the sport can be quite predictable, as the top players are often capable of beating lower-ranked opponents.
- Tennis: Tennis is also a popular choice for sports betting. Tennis betting has increased in popularity in recent years due to the emergence of the ATP and WTA Tours. Tennis betting is mostly focused on individual matches, with punters able to bet on the outright winner of the match. Additionally, the range of other markets, such as point spreads and game totals, contribute to the increasing acceptance of Tennis sports betting.
Understanding E-sports Betting Malaysia
The world of e-sports betting Malaysia is growing rapidly as more people become interested in competitive gaming. In the past few years, the global e-sports betting Malaysia market has seen a huge surge in growth, and it’s now estimated to be worth over $7 billion (about $22 per person in the US). The rise of e-sports betting has also been aided by the emergence of new technologies.
For example, the development of virtual reality headsets and augmented reality devices has enabled a more immersive and engaging gaming experience. This has made e-sports betting more accessible and exciting. It is expected to keep opening doors to new types of bets. The increasing acceptance of e-sports betting Malaysia is also due to the fact that it’s a relatively safe form of gambling.
Unlike traditional sports betting, there is no risk of match-fixing or any other forms of fraud. This resulted in a huge increase in the number of people who are willing to place bets on e-sports events. In terms of numbers, the global e-sports betting Malaysia market is expected to grow to $17.2 billion (about $53 per person in the US) by 2024. This is a huge leap from its current estimated value of $7 billion. It’s expected that most of the growth will come from Asia, where the e-sports industry is booming.
The emergence of e-sports betting Malaysia
Many experienced bettors claim that the first-ever esports betting event took place in 1997 in South Korea. Since then, the industry has grown exponentially. Esports betting Malaysia is now available in many countries across the globe, including Malaysia, the United States, Canada, and much of Europe. This has been made possible because of the expansion of online casinos, sportsbooks and the development of new betting markets.
Esports betting has become increasingly popular due to its unique combination of skill, strategy, and luck. Unlike traditional sports, esports is not tied to any one physical location. This has allowed a global audience to tune in and bet on their favourite teams and players from anywhere in the world. In addition, esports betting Malaysia has become more accessible due to the development of mobile apps and websites that allow for easy and fast betting.
Why Is Esports Betting Malaysia Becoming Increasingly Popular?
Like the sudden rise in popularity of sports betting, esports betting is progressively achieving the same feat in contemporary times. Although this development is attributable to various factors, everything boils down to three major qualities:
The increasing popularity of esports:
Online video gaming is now common on YouTube and other streaming platforms. With viewership numbers continuing to rise, video games are becoming more famous than before among youths and interested senior citizens. This has made esports betting Malaysia a viable option for those looking to make some money off of their favourite games.
Potential for large payouts:
Here is another reason why esports betting is becoming popular today. With the right strategies and knowledge, bettors can turn a small investment into major winnings. This is particularly attractive for those who are looking to make money off of their favourite games without having to put in too much effort.
Convenience:
With sportsbook providers, such as CMD368 and TF Gaming, bettors can easily place wagers on their favourite teams and players without ever having to leave the comfort of their homes. This makes it easy for anyone to get involved in the world of esports betting.
Types Of E-sports Bets in Malaysia
As you explore various esports betting Malaysia providers, you’ll come across numerous forms of bets. However, some popular options to get started with are as follows:
- Match Winner – This bet is similar to traditional sports betting, where the bettor selects which team or player will win the match. The bet is placed on the outcome of the overall match and not on any specific event within the match.
- Map Winner – In esports betting, this bet involves predicting the winner of a particular map or round in a match. It is a popular bet type among e-sports bettors, as it allows for more precise predictions.
- Handicap bets – This bet is becoming increasingly popular as it allows bettors to balance the odds and increase their chances of winning. In handicap bets, one team is given a virtual ‘head start’ by giving them a certain number of points that they can use in the game. The handicap may be applied to the total score or to a specific game or map.
- Outright Winner bets – refer to wagers made on which team or individual will win a specific event or tournament. These bets are usually placed prior to the start of the event and can be extremely lucrative as they are based on predicting the overall winner of a particular competition.
Popular E-sports To Bet On
Video gaming developers continue to release exciting and contemporary games with various themes. This is to meet the growing demands of virtual gamers globally. Below are some popular video games involved in e-sports betting currently:
- League of Legends: A popular e-sports betting Malaysia game, which is a strategy-based game that involves two teams of five players each. Players select their champions and battle it out in an arena to achieve objectives and defeat their opponents. Players can bet on which team will win the match or even individual players. Betting on League of Legends games can be a great way to make some money.
- Counterstrike: Global Offensive: This is a classic first-person shooter game with a huge esports following. CS: GO is a team-based game that requires strategic thinking and quick reflexes. Patrons can bet on their favourite teams or players in tournaments and leagues. Moreso, you can take part in fantasy betting and prediction gaming.
- Dota 2: Here is another fast-paced, strategic game that has a huge following and a vibrant betting market. Numerous online bookmakers feature Dota 2 betting markets, allowing bettors to wager on the outcome of tournaments and matches. With multiple betting options and odds, Dota 2 betting is an exciting way to experience the thrill of e-sports gambling.
- King of Glory: This is an online multiplayer battle arena game where teams of players compete against each other to defeat the enemy and gain victory. In King of Glory, players can bet on their team and the outcome of the game. Players can also bet on the outcome of individual battles. Also, you can bet on the overall winners of tournaments and championships. Betting on King of Glory is a great way for players to gain rewards, bragging rights, and even win some money.
Is It Legal to Bet on Sports & E-sports in Malaysia?
Sports betting and e-sports betting Malaysia have been around in Malaysia since the early 2000s. However, the legality of these activities has been a grey area in the country. While there are no laws that explicitly prohibit betting on sports or e-sports, there are certain restrictions in place. According to the Common Gaming Houses Act 1953, all gaming activities are prohibited, with the exception of lotteries and horse racing. This means that any form of betting on sports or e-sports is considered illegal.
Despite the legal restrictions, sports betting, and e-sports betting have become increasingly popular in Malaysia in recent years. This is due to the rise of online betting websites and platforms. In other words, bettors can place bets without having to physically go to a casino. While these websites may not be considered legal, they are usually not subject to any form of regulation by the government. As such, it is up to the individual to ensure that they are not engaging in any illegal activities.
For those who wish to gamble legally, there are a few options available. The Malaysian government has recently authorized the opening of several legal gambling establishments. These casinos offer a range of games, including sports betting and e-sports betting Malaysia. However, these establishments are heavily regulated and taxed. Hence, it is important to be aware of the rules and regulations before engaging in any type of gambling. Additionally, remember that gambling can be addictive, so it is best to gamble responsibly and to set limits on the amount you are willing to spend.
Sports Betting & E-sports Betting Malaysia Tips and Strategies
- Research and understand the sport
Before placing a bet, endeavour to understand the sport and the teams/players involved. Research the stats, form, and relevant news stories to help inform your decision.
- Set a budget
Before you start betting, decide on a budget and stick to it. Otherwise, you may end up spending more than you can afford to lose.
- Understand the odds
Different sportsbooks offer various odds and payment options, so make sure you understand the odds before placing your bet.
- Shop around for the best deals
Check out different sportsbooks to find the best odds and bonuses for your bet.
- Don’t chase losses
If you’ve had a bad run, don’t try to recoup your losses by placing bigger bets. By trying to recover your losses, you are in a surefire way to lose more money in the long run.
- Keep track of your bets
Keep track of all your bets, so you can review your performance and identify any mistakes or patterns.
- Don’t bet on your favourite team
If you’re a fan of a team, don’t let emotion cloud your judgment. Bet on the team or player you think has the best chance of winning.
How to Bet on Sports Bet in Malaysia?
Getting started with sports betting and esports betting is easy. Use the simple guide below to enjoy the process:
Step 1: Before you can start placing sports bets, you will need to choose a bookmaker or sportsbook. Endeavour chooses a reputable and secure bookmaker that offers a wide range of sports and e-sports betting Malaysia options.
Step 2: Once you have chosen a bookmaker, you need to register an account. This will require you to provide some personal information.
Step 3: After signing up, make a deposit. Many bookmakers offer a range of payment methods. These include debit and credit cards, bank transfers, and e-wallets.
Step 4: Now, you can start placing bets on your chosen sports and e-sports. Most bookmakers offer a wide range of betting markets, so take some time to familiarize yourself with the available options before placing your bets.
Step 5: Once you have placed your bets, start monitoring the outcome of your game. Most bookmakers will provide live score updates and other information to help you track your bets.
Step 6: If your bets are successful, you will need to withdraw your winnings. Feel free to use any of the available payment methods on your preferred online casino.
Why Online Sports Betting?
For several years to come, players are expected to continue patronizing sports betting. This is because it offers the following qualities:
- Convenience and accessibility: Players are allowed to bet from anywhere at any hour. All they need is to use the online casino apps on their smartphone and internet connection to stake their bets. This also means that you don’t need to travel to any physical location to explore several betting options.
- Safety and security: New sports betting patrons are highly encouraged to play on respected and popular Malaysia online casinos. This is because these betting platforms are regulated by government authorities, such as Malta Gaming Authorities, Philippine Amusement and Gaming Corporations, etc. Additionally, they utilize multiple security protocols, including a 128-SSL encryption system, two-factor authentication, and a strong firewall. Apart from the secure gaming experience, these renowned online casinos encourage and assist in gaming responsibly by providing responsible gambling tools.
- Variety of sports and markets: By choosing to play sports betting online, you can expect to find multiple sports markets on online casinos, such as BK8, me88, Maxim88, and 96M casinos. Regardless of your preferred sports, you’ll find lucrative bets on bookmakers, such as CMD368.
- Live betting and streaming: Many sportsbooks offer patrons the opportunity to stake their bets when the game or tournament is ongoing. This lowers the risk of loss and presents an opportunity to win a life-changing sum. Also, you can steam matches comfortably from the betting site.
- Analytics and information: As part of the incredible support for online bettors, bookmakers offer data analytics tools and information to make informed decisions. In this way, you stand a better chance of winning by choosing to play online.
- Mobile Betting: Online casinos, such as Maxim88, BK8, and 98M, offer free app downloads for members to explore sports markets and stake their bets. This enables convenient gaming and betting on your smartphones.
- Payment Options: Players can deposit and withdraw via multiple routes in many Malaysian online casinos. Some commonly used methods include e-wallet payment providers, such as Help2Pay, EeziePay, Touch’n Go, etc. Also, most online casinos accept direct bank transfers. Meanwhile, top brands enable a cryptocurrency deposit approach.
- Customer service: Sports betting Malaysia platforms are well-known for providing 24/7 support to prospective and registered patrons. Usually, you’ll find a live chat, WhatsApp, WeChat, and/or email as means of communication with the team. They are usually responsive and helpful.
- Responsible Gambling: As suggested earlier, online casino Malaysia sites offering sports betting services encourage responsible gambling. This helps avoid addiction and loss of property via irresponsible gaming. Tools are available to assist members in suspending gaming activities or cool-off during gaming sessions.
Conclusion
And there you have everything to know about sports betting in Malaysia, possible experiences, and how to proceed in choosing an ideal gaming platform. Hopefully, you now have reasons to explore various sports betting and esports markets, including soccer, badminton, tennis, basketball, etc. If you are new to online sports betting Malaysia platforms, endeavour to consider the factors discussed herein when choosing the best site for yourself.
Also, it is highly recommended to use the strategies and tips to enhance your winning chances on sports and esports betting. In this way, you can be best equipped for a successful betting experience. From convenience, accessibility, safety, and multiple sports bets to the provision of responsible gaming tools, sports, and esports betting are very likely to become more rewarding in the future, with fewer people opting for traditional sports betting. Good luck.