Bet Like a Pro- A Look at the Top Sports Betting Sites in the Philippines

The future of sports betting in the Philippines is brighter than ever, and the country’s chief regulator has the numbers to back up the claim. Philippine Amusement and Gaming Corporation, or PAGCOR, in a statement made at ICE London 2024, shared that the country’s gaming revenue hit Php 58.16 billion in 2023, or $1.04 billion. The country’s regulator attributes the success to policy reforms and an increasing number of the best sports betting sites, now estimated at over 1,000. These sites let you bet on popular sports, from basketball, tennis, boxing, and volleyball to eSports, covering prematch, in-play, and outright betting. Today is an exciting time to bet on sports, thanks to a regulated environment with plenty of betting sites ready to accept bets. But before you start, check out our updated review of the sports betting online landscape, from our list of the best sportsbooks to tips on how to gamble responsibly!

 

A Look at the Legal Landscape of Sports Betting in the Philippines

Thanks to a strict regulatory framework, sports betting online is allowed and legal in the Philippines. Initially, online or off-site sports betting was only available to foreign players or those residing overseas, governed through the Philippine Offshore Gaming framework. However, during the pandemic, PAGCOR allowed a few land-based casinos to offer online gaming via their premises. PAGCOR is the lead agency that regulates and centralizes online casino and sports betting. It also issued the Internet Gaming Licensing Regulations (IGLR), a framework that covers the application and operations of Internet Gaming Licensees. For online sports betting, PAGCOR relies on its Regulatory Framework for Sports Betting, which is at the top of its general mandate.

 

Review of Top Sports Betting Sites- Our Top Picks for 2024

Government regulations on sports betting may be strict, but this environment fails to dampen the enthusiasm of sports fans and the best sports betting sites. Dozens of top sportsbooks compete for players’ attention, each offering exciting betting markets, competitive odds, and promising bonuses. We understand this challenge for many, and it’s the reason why we have come up with a shortlist of the top betting sites for you.

 

MSW (Megasportsworld)

MSW is one of the Philippines’ longest-standing and most experienced sports betting platforms. Orient Capital Ventures, Inc. owns and operates this betting company, which offers online and retail betting shops. MSW offers pre-match and live betting, covering over 25 sports, including basketball, tennis, volleyball, and baseball. It is a popular destination for sports fans seeking convenience, as it supports local e-wallets like GCash, PayMaya, and GrabPay and also accepts online banking.

 

• PAGCOR-licensed, with more than 10 years of industry experience
• Accepts pre-match and live bets for over 25 sports
• Payments through local e-wallets like GCash

 

OkBet

OkBet is a popular sports betting product for Filipino bettors. It’s primarily a sports betting site, but players can enjoy casino games, poker, and other fast games. For its sportsbook, basketball remains a famous market, but it also boasts betting markets for tennis, volleyball, and even eSports. OkBet supports different types of bets, including parlay, outrights, and live betting. And if you’re a fan of basketball, then you’ll love its ‘basketball ending’ market. This Philippine sportsbook also offers a dedicated app that can be downloaded from the Apple Play Store, Google Play Store, and Huawei’s App Gallery.

 

• Licensed and registered in the Philippines
• It boasts a wide range of bets, including parlay, outrights, and live betting
• A dedicated betting app is available

 

WinZir

At Winzir, local sports fans can also count on a premium betting experience. Like most premium betting sites, Winzir offers players access to almost all betting products, from sportsbooks to casinos. For its sportsbook section, you can place bets on over 17 sports, plus popular eSports. Winzir offers a streamlined sportsbook with the Bet Slip on the right of the homepage and the list of sports displayed on top. You can also toggle between Event View and Multi-View at any time.

 

• Offers casino, slots, virtual sports, and sportsbooks on one platform
• New players get a Php 2,500 Risk-Free First Bet
• Accessible on devices

 

Arena Plus

Arena Plus is a sister site of Bingo Plus and focuses on sports betting. The sportsbook is available as a mini-app on popular e-wallet platforms or through its website. At Arena Plus, you can bet on popular Philippine sports and leagues, including basketball, volleyball, table tennis, and baseball. Arena Plus boasts a thriving betting market for basketball, focusing primarily on the NBA. Like other licensed sports betting sites, Arena Plus is safe and convenient. You can top-up your account using your GCash or through online banking.

 

• Accessible across devices
• Fast and secure payments through GCash, PayMaya, and online banking
• Madaling proseso ng deposit at withdrawal.
• It also boasts slots and live casino

BK8 Philippines- Here’s Why it’s Our Top 1 Sportsbook

BK8 may not be a homegrown sportsbook brand, but it can easily compete with the best sports betting sites for Filipinos. It’s a relatively new player in the Philippine sports betting online industry, but it comes loaded with features, diverse betting markets, and competitive odds. BK8’s sportsbook is accessible across iOS and Android devices, making it easier to follow your favorite teams, bet on sports, and get real-time odds.

 

In its sportsbook section, you’ll find at least four lobbies to launch online sports betting: BK8 Euro, BK8-Sports, CMD368, and 8Bet. Regardless of the lobby, you’ll find a genuinely immersive sports betting adventure thanks to its impressive betting markets and helpful tools and resources.

 

With BK8 sports betting Philippines, you can wager on live and pre-match betting, covering popular sports like basketball, soccer, tennis, badminton, and even eSports. You’ll enjoy a seamless betting experience, with the betting menu at the bottom if you use the app. Odds are displayed as decimal by default, with Single, Parlay, and System as its most popular betting options. Finally, I like how the BK8 sportsbook Philippines is designed with the beginning bettors in mind. The app is clean and navigate, and plenty of resources like Betting Rules exist.

 

Bet Safe by Choosing the Right Sports Betting Site

Do you still need information on comparing and picking the right sports betting site? If yes, then use the table below for a list of factors to consider when looking for your next sportsbook:

 

 

Key Feature	What To Look For
Licensing and registration	Sign up with a betting site that’s licensed and registered. In the Philippines, sportsbooks are PAGCOR-registered, and for offshore sites, they’re licensed under the laws of Costa Rica or Curacao.
Betting options	Look for sites that support prematch, outrights, and in-play betting. All popular betting options, including singles and parlays, must also be present.
Odds available	Odds must be competitive and updated in real time. It helps if the operator supports betting odds in different formats.
Security	Sites must use SSL encryption.
Customer support	The best sports betting sites offer email, Telegram, and Live Chat as contact options. It would help if the site supported multiple languages, like Tagalog.

 

Benefits of Using Licensed Sports Betting Sites

Safety and security are non-negotiables in sports betting online. A licensed and legitimate sportsbook can guarantee your safety and deliver fair play and transparent betting outcomes. These websites comply with laws and regulations on Anti-Money Laundering and privacy, so you’ll know that the funds and your information are safe. Also, there are legal protections in place in case of complaints. The best sports betting sites have a complaint procedure in place, and if you’re lucky, they’ll connect you to an adjudication service provider who can help resolve the issue.

 

Trends in Online Sports Betting in the Philippines

The Philippines’ sports betting industry is on a roll, and there are plenty of new and thrilling trends to watch out for. Mobile betting and live betting are two popular trends dominating the conversations today. PAGCOR sees mobile betting as the primary driver of the industry’s growth, powered primarily by 5G internet and the top telecommunication firms’ infrastructure. It’s now standard practice for the best sports betting sites to offer dedicated apps for iOS and Android devices. Within the sportsbook app, it’s common for operators to integrate live betting and live streaming to enhance the online experience of sports betting.

 

Watch for Some Challenges and Issues When Betting Online

Betting can be fun, and if the sportsbook boasts exciting markets and tools, the experience can be truly satisfying. But as a regular bettor, you must know a few possible issues you’ll encounter when betting online. For example, most players complain about account verification and delayed payments. Sportsbooks implement a Know Your Customer or KYC process, so you must upload scanned copies. Also, your initial withdrawal may take time to account for verification. Before you sign up, prepare your scanned IDs, and always use e-wallets, as they offer quick payouts.

 

Conclusion

The Philippines hosts a vibrant sports betting scene with dozens of top sites. For a satisfying and secure betting experience, always choose a licensed site with impressive betting markets and a sports lineup. Remember, you’re sharing information and betting money, so you’ll need a sportsbook committed to your safety every time.

 

Do you still need more information on safe sports betting online? Browse our tools and resources on <ahref=”https://www.exchangerwm.com/online-sports-betting-philippines” target=”_blank” rel=”noopener”>online sports betting to learn more!