Sports Betting Philippines

• Online Sports Betting in the Philippines. Sports betting is a very popular past time in the country. According to online sportsbook news sites in the Philippines, an Italian scholar is reported to have seen bets on cockfights upon his arrival in the 16th Century. And especially with the emergence of horse racing in the 19th Century, betting.
• Sports Betting in the Philippines In the Philippines the sports betting industry has two sides – locally controlled market and the foreign based market. The local websites are licensed by the government operated Philippine Amusement and Gaming Corporation (PAGCOR).
• Sports betting is a major activity in the island nation of the Philippines, and there are many regulatory bodies that govern wagering activities for Filipino punters. Read on to discover the many outlets that citizens of the Philippines have available to them and by what means they can access them.
• Yes, sports betting is legal and regulated by multiple government agencies in the Philippines. The Philippine Amusement and Gaming Corporation (PAGCOR), regulates and issues licenses for all gambling entities in the country except for in the Cagayan Freeport Economic Zone.

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3. Best Online Sports Betting Philippines

The Philippines has largely embraced legal sports betting, setting it apart from many of its contemporaries. Although there are a few quirks with betting on sports in The Philippines, for the most part, it remains one of the best sports betting experiences in the world. With a wide selection of both retail and online sportsbooks, both inside the country and abroad, bettors in The Philippines are spoiled for choice. While peer-to-peer betting is illegal, there are plenty of regulated establishments offering full-service sports betting.

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The legality of sports betting in The Philippines also plays well with its status as a tourist destination for wealthy foreigners. Tourists are even given special sports betting privileges in the Cagayan region. The most popular sports for Filipino bettors are basketball and soccer, but sportsbooks offer odds on any number of major global sports leagues. This page will cover all the info you need to know about betting on sports in The Philippines, from the best sportsbooks to use to the market potential of this emerging industry.

The Philippines Sports Betting Laws

Both land-based and online sports betting are legal throughout most of the country. There are a few quirks, such as the requirement that local bettors bet with a Philippine Amusement and Gambling Corporation (PAGCOR). Additionally, local bettors in the Cagayan region are excluded from all sports betting, including PAGCORs. However, online sports betting is still legal and widely available throughout the country through both domestic and international online sportsbook operators in 2021. Legal sports betting in the Philippines in 2021 is available as long as you know where to look. While Filipino sports betting laws can be confusing and labyrinthian, there are still plenty of betting options available.

Is Online Sports Betting Legal In The Philippines?

Yes, online sports betting is legal in the Philippines. Filipino bettors are serviced both by domestic online PAGCOR sportsbooks as well as international online sportsbooks licensed in the UK, the Caribbean, and elsewhere. Outside of the Cagayan region, where all gambling is prohibited except for foreign tourists, you can freely bet online from anywhere in the country. Filipino bettors have access to a wide array of legal online sports betting activities, including live betting, parlays, single-game wagering, and much more. The government in the Philippines is in something of a state of flux right now, so these laws are subject to change rapidly.

The Philippines Sports Betting Markets

The largest cities in the Philippines are Quezon City, Manila, and Davao City. But the Manila metro area is by far the most populated region of the Philippines, with a population over 12 million—nearly 13% of the country’s total population. The Philippines, although not world-renowned for their professional sports leagues, are still largely massive sports fans. The most popular sports in the Philippines are soccer, boxing, and most importantly, basketball. Boxing reigned supreme when Manny Pacquiao was dominating the sport, but now basketball has taken over as the preeminent sport. The biggest basketball league in the Philippines, the Philippine Basketball Association, has teams all over the country.

Where Philippines Sports Betting Revenue Goes

The Philippine Amusement and Gaming Corporation (PAGCOR) is responsible for running many of the most popular casinos and online sportsbooks in the country and is responsible for licensing and regulating the others. Revenue from sports betting goes partially toward covering regulatory expenses. Most of the money goes toward the National Treasury and the Philippine Sports Commission. The National Treasury funds many social programs, infrastructure improvements, and much more throughout the country. The Philippine Sports Commission is the governing body responsible for regulating all Philippine sports.

Legal Philippines Betting Sites

There are numerous online sports betting sites and online casinos available to players in The Philippines. These sites offer great betting odds, top-notch security for personal and financial data, and lucrative deposit bonuses to help ensure that players are always getting the most bang for their buck. When looking for a betting site in The Philippines, look for sites boasting a long track record of consumer trust, 24/7 customer service, and access to a wide variety of high-quality betting options.

Bovada – The Top Online SportsBook

There are always a lot of players that like to place wagers on many sports games all the time. The thing that makes it easier for them is having one place to go when they want to place their bets. Bovada is the place to go because once you sign up for an account, this is the account players can use all the time to bet on their favorite games. With great banking methods, players will have no problem adding and taking money out. Along with that is the le betting feature with the live betting feature as well. Players need to check out Bovada. One of the best sportsbooks in the Philippines.

Why are so many sportsbooks based in The Philippines?

The Philippines have much looser sports betting laws than those of many other countries, which makes them an attractive location for sports betting operators to base their headquarters.

How does currency exchange work with Filipino sportsbooks?

Most online sportsbooks offer deposits and withdrawals through multiple different currencies, including British pounds, U.S. dollars, euros, and other major international currencies. If you deposit and withdraw through Bitcoin, it will be automatically converted into the currency of your choice on withdrawal from your Bitcoin wallet. More info about currency exchange can be found in a sportsbook’s FAQs.

Can you bet on sports in every province in The Philippines?

No, you can’t bet on sports in every province in the Philippines if you are a Filipino resident. The Cagayan region is off-limits for Filipino bettors, and sportsbooks there are exclusively reserved for foreign tourists. In every other province, however, it is fully legal to bet on sports whether you are a tourist or a resident.

Are tourists allowed to bet in The Philippines?

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Yes, tourists can bet in all regions in the Philippines. Additionally, many online sportsbooks based in the Philippines are available for bettors all over the world even if they aren’t physically located within the country. Gambling tourism in the Philippines is actually extremely lucrative for the country, and state-licensed and operated sportsbooks are highly profitable servicing mostly tourists.

Why doesn’t The Philippines have casino sports betting?

PAGCOR Chairwoman Andrea Domingo has gone on the record in the past saying that the Philippines “doesn’t want to overburden the industry by blatantly giving out licenses.” Casino sports betting would significantly increase the regulatory cost of sports betting, and the Philippines doesn’t have a massive budget, so it makes sense to keep it online-only.

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