Why Use Foreign Betting Sites?
To start with, online gambling is not a crime. The appeals court validated this in January 2012 when it confirmed that foreigners using various online gambling sites would not be breaking the law in the Philippines.
To the online poker industry, this ruling was very significant as there are no licensed Filipino poker sites that offer the same liquidity as PokerStars. This is the largest internet poker site globally and it is also the most popular with Filipinos. Now that this decision has been made, people are beginning to seek out legitimate offshore sportsbooks too.
Why PAGCOR licensed bookmakers do not tend to offer competitive odds? Consider the English Premier League, for instance, and you will realize that it is easier to find better odds on all selections by comparing with foreign betting sites.
Although it is not unlawful to use offshore sportsbooks, a significant number of them do not accept Philippine residents for betting purposes because they are based in the country.
This also includes; Asian bookmakers who are licensed in Cagayan Freeport and betting sites, which broadcast {their live dealer casinos in the Philippines. Besides, other companies also have call center facilities in the country.
Legal Status and Licencing
Many Asian bookies are licensed by the Cagayan Economic Zone Authority (CEZA), which is the regulatory body that issues licenses in the northern part of the country. These sites do not accept Philippine customers because it is more about legal haven for operators who are targeting other Asians only.
Only authorized by the Philippine Amusement and Gaming Corporation (PAGCOR), domestic websites are available for Filipinos. In previous years, PAGCOR licensed solely casino games, PBA odds and certain other Asian basketball leagues and contests.
When you live in the Philippines, finding betting terminals and PAGCOR websites for sports betting, casino games, and bingo is not hard. What may be difficult is locating overseas gambling platforms that allow Filipinos with good payment methods.
Using Multiple Betting Sites
In case you choose to use any of the recommended banking methods mentioned earlier, there should be no problem in moving money across various betting accounts. If you are serious about making good money out of sports gambling then use many websites and compare their rates to get a higher value.
Double check your betting sites and see which one has the best odds before you wager. Although it appears unimportant over small amounts, this can frequently cause a huge disparity.
It is therefore important to always consider this factor before deciding on the amount of stake to place.
Regular sports bettors are aware that small stakes can compound into large sums and they ensure to always find the best possible odds. All our recommended sites have great odds. However, opening several accounts with the different bookmakers we recommend will reveal slight variations in these odds which can be exploited.