Macau

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Macau

Listen to the best bookmaker for Macau sports betting (or Macao). It is a one-stop shop for all things online gambling in the world’s gaming hub, why most of Macau residents prefer international firms to local ones and how you can finance your account.

Additionally, we identify the best online bookmakers in Macau. Furthermore, we mention the most famous sport events in the country and provide an overview of gambling industry in Macau.

Best Betting Sites in Macau

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Flag of Macau

Macau represents one of the two special administrative regions of the People’s Republic of China along with Hong Kong. The sovereignty of Macau, which was a former Portuguese colony, returned to China just before the end of the twentieth century.

Macau would operate autonomously until 2049 in one of the provisions for its handover, and it has become one of the wealthiest cities globally within a short period due to gambling-related revenue. Macau is referred to as “China’s Las Vegas” because it boasts luxurious gambling facilities like The Venetian Macao and City of Dreams.

Merely two internet sites enable online gambling in Macau for the purpose of safeguarding land-based casinos and betting companies. Macau Slot is an online portal for sports betting markets, while Macau Jockey Club is responsible for gambling on horse racing.

But, it does not have any regulatory structure in place. A lot of Macau citizens bet through international bookies on their favorite sports. However, they are violating the law because they don’t have a license to operate online gambling services in Macao since there is no such legislation of this kind.

Like I said, citizens of Macau have two options to legally gamble online; http://www.macauslot.com which focuses on sports betting and the other one www.mjc.mo which is about horse racing.

The above example could be cited under the Trade Descriptions Act as that offered on Macau Slot’s basic website is strictly limited to football and basketball. There are only a few avenues through which a person can bet live or before the game begins. If you visit Macau Jockey Club’s site, you will notice that placing Tote-style bets for horse races in Macau and Hong Kong is possible.

There are many other bookies who accept players from Macau besides the two mentioned.

Asian and International Sports Betting Sites

Customers from Macau gravitate towards Asian bookies, considering their repute and the availability of Chinese-speaking support agents. The sites provided here are all accessible in Chinese and the commonly used money is US Dollars as opposed to Macau’s local currency which is not acceptable by most companies worldwide.

Macau citizens have access to a large number of different markets through major operators including:

  • 188bet
  • 138Bet
  • DafaBet

These bookmakers who are situated outside Asia and approve customers from Macau are some of them:

  • BetVictor
  • Ladbrokes
  • Pinnacle Sports

The player’s duty is to conform with the country’s legal system where he or she registers. This can be noted in bookmakers’ terms and conditions as “it is the bettor’s responsibility of making sure that he/she has acted in accordance with the laws of their country of residence” thereby freeing the bookmaker from any form of blame.

Nevertheless, translating their website into Chinese is a clear indication that the companies want to attract gamblers from Macau and other places as much as possible.

Depositing at Online Betting Sites in Macau

Macau Slot allows for account funding by phone banking, internet banking and cash depositing system as well as the use of betting vouchers that can be paid through debit or credit cards. Macau Jockey Club’s website demands bank details upon registration, thus serving as a channel for both depositing and withdrawing funds by clients.

Payment methods have been made more flexible by leading bookmakers in Asia and Europe. In most cases, clients can credit money using bank transfers and debit/credit cards; other options, including Alipay and Bitcoin (BTC) are also gaining popularity.

Regrettably, famous e-wallets in the world do not provide services to Macau. Macau does not appear in the list of countries that Skrill and PayPal cater for. NETELLER also has a policy of no gambling transactions for Macau from as far back as 2008.

Macanese pataca

What Sports Are Popular to Bet on in Macau?

Macau citizens take pleasure in viewing and gambling on diverse sports. Horse racing and soccer are the most loved games here; basketball is however gaining fans every day. In fact, how can we talk about this without mentioning high rolling poker players who have transformed it into their playground?

Horse Racing

Macau introduced horse racing in the form of trotting which ultimately didn’t take off. Consequently, when the interest was not there for trotting, Macau Trotting Club was transformed into Macau Jockey Club in 1989.

On Taipa Island is where the main course is found. The original trotting track has been kept so that it forms the inner sand loop of the course, with the other being a larger turf one for thoroughbred racing.

Every year, there are many exciting moments in the horse racing schedule such as the Macau Gold Cup, The Macau Derby and The Chairman’s Challenge Cup which bring crowds of gamblers from April through to summer. These are coupled with about 80 off-course terminals found all over Macau for a total of 200 on course betting terminals.

Football

Football is an enormous gambling game and hobby in Asia, which is cherished by many in Macao. But though local Liga de Elite cannot interest punters much, the people of Macau have stakes in leagues around the globe.

Macau Slot offers betting odds on Italian, Spanish or even Champions League matches but the English Premier League receives far more attention. With numerous high-profile sides like Manchester City, Chelsea, Liverpool and Manchester United enjoying enormous business connections in Asia and with most of their games televised every week; it is not hard to understand why.

Basketball

Macau public has a special consideration for basketball. The national team has not done well in the past, with their biggest success being participation in the FIBA Asia Championship. There are numerous amateur leagues in Macau and attractions to top events such as FIBA Basketball World Cup and NBA are high.

Poker

Poker, as incredible as it may seem, is indeed a sport — yes, a mind sport. Macau boasts of the largest poker cash games in the world today. Phil Ivey and Tom Dwan are among the top professional gamblers that spend several days or more in Macau playing against rich businessmen who take pleasure in gambling and are seen by the former as their ultimate prey.

By clicking a button, you can switch between sports betting and poker on the leading Macau online gambling sites. Cash tables at the poker client are numerous making it convenient for all levels of players as well as tournaments that have varying entry fees and prize pools starting every couple of minutes. #

Chariot racing in Macau

The Rich History of Gambling in Macau

Macau has a long and glorious past in the gambling industry. Since the sixteenth century, Chinese workers have been popularizing their traditional games of Pai Gow and Fantan. After some time, more developed games emerged as well as a strong betting culture.

It was the rising of Hong Kong in the mid-1800s that provoked the Portuguese government to legalize gambling, in order to have something new for their country. Most countries were banning betting and other games of chance due to their alleged social vices but this decision boosted economy because it created a hub where locals and foreigners could make money by gambling.

Taxing Gambling Operators Pays Off

The government at least discovered in 1877 that they could enjoy the income from gambling by imposing taxes on the activities. The games were put up for bidding where the highest bidder became the one to make profit but pay tax to the government.

Macau welcomed roulette clubs in the early 20th century, with their arrival causing a great deal of consternation because there was no provision for tax or tendering of these new gambling games. By about five years before World War II, however, all forms of gambling were brought together into the same fold and auctioned to the highest bidder.

Macau Becomes the Gambling Capital of the World

At a post-war era of 1949, the neighboring China prohibited gambling. This became one of the reasons that Macau was encouraged to keep its relaxed and open gambling industry so as to attract Chinese tourists who could legally place their bets while on a visit there. By early 1960s, it had already been decided that Macau would mainly concentrate on gambling and tourism as its sources of income.

The monopoly on the gambling industry in Macau was run by Sociedade de Turismo e Diversões de Macao from 1962, with games like Fantan, Baccarat, and Blackjack licensed in casinos. The monopoly lasted for approximately forty years and then, after China took over once again, the Macau Gaming Committee granted three gaming concessions to different companies so as to inspire competition and innovation.

In the next ten years, casinos grew extensively in size and there are now more than forty casinos that operate in what is now known as the casino city of the planet.

The Role of Macau’s Junkets

Chinese are the majority of people who visit Macau, so how does the casino industry make so much money when China only lets 20,000 Yuan ($3,200) leave its mainland at a time and not more than $50,000 in a year? The short response is junkets.

Junkets provide a platform through which money can be moved by high rollers. They place bets on credit in Macau but pay it off on the mainland with these agents, or they can take their cash to China and have it secretly shipped around the country. Whichever way, when debts cannot be legally collected, things get out of hand.

To have a secure and amusing betting experience on your best-loved sport, you are advised to choose Macau Jockey Club, Macau Slot, or any of our suggested sites.

FAQ

Is sports betting legal in Macau?

Macau is a place where you can bet on sports. You can also gamble at these two places-Macau Jockey Club, which deals with horse races only and Macau Slot that takes care of all other betting activities in sports. If you are not satisfied with the bonuses or odds from any of these sites, please go through our list to find the best sports betting places in Macau for an even more amazing experience.

Can you bet on greyhound racing in Macau?

You can’t bet on greyhound races there any longer in Canidrome Club of Macau.” The only stadium for greyhound racing in Asia is holding 16 races per day from five years with 120 different dogs, on the other hand, it has stopped since July 21st 2018 when animal rights activists complained about it.

Do online betting sites accept Macanese patacas?

Macau’s official currency is accepted at the Macau Jockey Club as well as in Macau Slot. Nevertheless, you will hardly find an excellent sports betting site that accepts Macanese pataca (MOP). So we suggest picking Hong Kong dollar (HKD) or Chinese renminbi (RMB) when you register.

Q.Is Macau better than Vegas?

A. Macau’s territory, although smaller than Las Vegas, generates billions of dollars more annually than casinos in Sin City. Two-thirds of its visitors come from China and the presence of Chinese billionaires has made it become the world’s gambling Mecca.

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