Is Sports betting Legal: Top 3 licensed websites in Malaysia
Is Sports betting Legal to play in Malaysia? Know the 3 Malaysian gambling laws, 5 ways to play legally online, & 3 licensed sportsbook sites: 1XBET, W88 & M88.
Sports betting is one of the most popular forms of gambling worldwide but is sports betting legal? Well, the answer to this question and everything you must know about whether is online sports betting legal or not. So, be sure to read till the very end to also learn about how to play sports betting online legally and also learn more about the top online betting sites – 1XBET, W88, and M88 – that are licensed for providing sportsbook products worldwide.
Is Sports Betting Legal online in Malaysia?
Let us first get to the main topic in this is sports betting legal article, and answer the question: Is online sports gambling legal? Well, the answer to this question is neither yes or no, since the gambling world in countries like Malaysia lay on a thin gray area between a yes and a no. But the more you read on this is sports betting legal article, the more you will learn about why the answer to is online sports betting legal or illegal in a grey area.
What this means is that there are Malaysian laws that do not allow gambling to take place in the country, yet there are betting sites and sportsbooks, like the W88 Sportsbook and other 2 sites mentioned below, that offer members to play with Malaysian Ringgits that can be accessed in the country. So, because of the Malaysian laws, the answer to is sports betting legal is no, but because there are betting sites that operate via foreign licenses offering Malaysian players with accounts, the answer to is sports betting online legal can be yes, but only as long as you use a betting site with a foreign license.
Top 3 Gambling laws of Malaysia you should know
In this is online sports betting legal section, let us now look at the important aspects of this article, and that is the 3 gambling laws that are prevalent in Malaysia. These gambling laws are important to understand to truly know whether is online sports gambling legal or not in Malaysia. Moreover, it is important to stay updated on these laws and their amendments that may or may not take place in the future.
1. Common Gaming House Act
The Common Gaming House Act states that all forms of gambling, including those on electronic devices, are banned in the country. This law was made in 1953 and later amended in the year 2006, which is still carried out. Moreover, if anybody is caught violating this law, they will be subjected to a fine of RM200,000 and jail-time of 5 years.
2. The Betting Act
The second law that you must be aware of for the question is online sports gambling legal is the Betting Act, which was passed in 1953 as well. This law allows 2 forms of betting, which are lottery and horse racing, and also allows the operation of the Sky Casino in Genting Highlands, which is one of the tourist spots in Malaysia.
3. The Shariah Law
The last law you should consider for the question is sports betting legal or not is the Shariah Law. The Shariah Law is only for members of the Muslim community and bans gambling, blasphemy, adultery, and alcohol. This is an ethical law that is backed by the government, wherein a penalty fine of RM3,000 and jail up to 2 years will be given to the person caught in gambling or even near Sky Casino in Genting Highlands.
5 Ways to ensure your online sportsbooks are Legal
Now that you know about the important laws that you must consider when looking for answers to whether is sports betting legal in Malaysia, let us now introduce you to 5 Betting Tips on how to ensure you play online legally in the country on websites that are licensed by foreign operators. Since they are foreign licenses, the betting site cannot be harmed by Malaysian laws, but as a Malaysian, the laws mentioned in the previous is online sports betting legal section must be taken into serious consideration to know whether is sports betting legal or not.
Look for license and SSL certification: The first thing you must consider is the license and SSL certification of the website. The license of the website must always be available at the footer (bottom) of every page on the website, while the SSL certification can be found by accessing the site settings section besides the name of the website in your browser’s URL box.
Make sure all licenses are updated: Another helpful thing that you must ensure is the dates on the licenses and any other operating certificates. The dates must be updated over an extended period of time, since such licenses come with expiration dates that must be renewed almost yearly.
Visit online forums for more information: Next, it is best to always visit online forums dedicated for the betting site to learn more about the internals of the site from existing members without having to create an account for the website.
Talk to CS to check service and other details: Another way to learn more about the website is by talking to the customer care agent to learn more about the website and also to check how well they are in providing services in case of any important future needs.
Use only one trusted sportsbook on the site: Lastly, even though the website is legal and safe, it is also best to run a background check on the sportsbook and the provider. Using well-known sportsbooks, which are easily spoken about on the internet, is the best way to play legal and safe sports betting online.
3 Popular websites with legal licenses to operate
In the final section of this is sports betting online legal article, let us leave you with the top 3 websites that are popular for providing legal and safe services to customers as some of the top betting platforms worldwide. So, surf all of these websites to learn more about them and select the best one for you and your sports betting gaming needs.
1XBET: The first website is 1XBET Malaysia which has its own sportsbook as the main sportsbook. This website is privately owned with its base in the Cyprus Island. Moreover, this site has a Curacao EGaming License to operate worldwide legally.
W88: The next and most beginner-friendly sportsbooks are in the W88 website. The W88 website is home to many gaming products and is considered to be the best in Asia when it comes to their new member bonuses. This website holds a BMM Compliance and Gaming Laboratories International certification to operate.
M88: Lastly, we have the M88 website which is yet another website that sports bettors will love not only because of its legality but also because of its overall design. The M88 website holds the strongest license which is an Interactive Gaming License provided by the Ministry of Finance and Economic Development in the Republic of Vanuatu.
Conclusion
So, there is no straight answer to the question Is Sports Betting Legal or Illegal in the country but one can make decisions on their own with the information provided above. It is always best to comply with country laws, and also be responsible on your own end as a member of the country or the betting site. With that being said, the top 3 websites are the leading legal gaming platforms for beginners and pros, so if you decide to create an account on any one of them, be sure to not miss out on any of their extravagant new member promotions!
