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TSL, the national body for gambling in Taiwan, has official betting shops of TSL situated on almost all streets in major cities of Taiwan.

Recently TSL started to provide promotions for Taiwanese NBA basketball player Jeremy Lin. They have had similar campaigns before that involved a MLB player Chien-Ming Wang and sometimes offer deals on other baseball players from Taiwan like Wei-Yin Chen, Chin-Lung Hu, Hong-Chih Kuo, Che-Hsuan Lin and Fu-Te Ni.

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Using Foreign Online Bookies

TSL offers bets on American NBA basketball and MLB baseball as well as Chinese Basketball, Asian Baseball leagues and football (soccer) games around the globe. Betting at TSL is straightforward and fun yet the odds are very low.

If you are in Taiwan looking for better odds, gambling with overseas online bookmakers is done in NT$ (TWD) and they are available in English, traditional Chinese and simplified Chinese languages.

Regardless of the legality, many people from Taiwan use them daily for sports betting without any issues. Stated simply, in gambling laws we have nothing about using foreign online betting sites that are legally acceptable in other nations

Understand Post Up

Before I delve into bookies for Taiwan, it is crucial that you know how to post up. To use legitimate overseas online bookies providing TWD betting accounts, you must first create an account with them on their site and then send money (which is known as posting up).

What does post up mean? The post up is an amount of money that gets deposited straight into your betting account balance. Thus, when you make a bet on their web page the amount waged on its stake will be deducted from your account. If it loses nothing else happens. Conversely if it wins, the stake goes back into your account balance and so do the winnings.

You can make a withdrawal from the betting site at any time by requesting a payout. Most don’t send money straight into your bank account in Taiwan.

The leading foreign bookmaker for residents of Taiwan is www.dafabet.com. They are the ones who offer the best stakes on Chinese CBA basketball, NBA basketball, other American sports, and global football (soccer) contests. In addition, they have the largest maximum betting limits and quickest withdrawal times. Gamers from Taiwan can make bank wire transfers here; besides; it only takes a standard bank charge for making such transactions (it is important to note that in my case, I was charged only 59 NT dollars by my bank for transferring 4000 NT dollars to Dafabet).

It is also possible to withdraw money from Dafabet and put it into your local bank. However, the first withdrawal for every month is absolutely free. Subsequent withdrawals in one month will attract a fee of NT$825 plus the nominal charge on receipt applied by the bank.

Flag of Taiwan

Using Skrill From Taiwan

In addition to wire transfer, the most suitable way of depositing with other TWD bookies is via www.skrill.com. It is an account that can be operated online. To begin with, you need to sign up on their website and get a password and account number. Then send a bank wire to Skrill.

The payment is put into your Skrill account balance. Then, you will be able to log in any betting site through its cashier and select the deposit method as Skrill. If you need to withdraw your winnings after that, just go to the cashier of a bookmaker and order a Skrill payout. Thereafter, this amount of money goes directly into your Skrill account via the bets placed. This money can be redeposited into another online betting account or withdrawn from Skrill by requesting bank transfer.

Apart from bank transfers, Dafabet also accepts Skrill deposits and makes Skrill withdrawals. This applies as well to Bodog88. They both offer Taiwan New Dollar (TWD) betting accounts online. There are some details concerning the last two:

This is the only Asian bookie I know of that supports Taiwan dollar (NT$) accounts, www.bodog88.com. Additionally, they have an English and Chinese language mahjong site, poker site, and casino. This casino has attractive live dealers (both Asian and European) who deal roulette, baccarat, blackjack and sic-bo in front of webcam with gamblers playing from their computers. What’s cool about their sports betting is they have some of the best odds on live in-play football matches, but also cover more Asian football leagues than the others mentioned in this article.

Flag of Taiwan and bet key on computer

Trick for Avoiding Fees

In contrast to Skrill, which is a costly deposit method, Dafabet allows players to deposit money through bank wire transfer. The reason behind this is that even though Skrill can be used with NT$ as one of its currencies, it does not support or deal with wires involving this currency.

Sending NT$ to Skrill, it is converted and then again changed back into NTD. This also happens when they send you NT$; they actually send the Euro equivalent. Moreover, on several occasions there are fees charged by intermediary banks. To get around this issue is to use Skrill mainly for transferring money between online bookies.

You have to have had a previous deposit with this method in order to get bookies’ Skrill payouts.  So, what you do is load your Skrill account once with money and then deposit into the TWD bookmakers Dafabet and Bodog88.

After that, just cash in winnings on Skrill and deposit again to the other sites via Skrill (no cost for this). Your aim is to move surpluses into Dafabet account and get out through wire transfer.

It is even the same in another direction, for when you lose all your money through bad luck or because of drawing too much on it then wire transfer some deposit to Dafabet. Gamble with that and withdraw some to Skrill so that you can use the same to replenish Bodog88.

Final Tip

Taiwan banks usually do not have any problem in sending money to Dafabet and Skrill, but few of them do. There are SEVERAL banks in Taiwan and serious sports gamblers may be wise to have a number of different bank accounts. This will help you to move your money from one bank account that does not permit internet gambling to another one.

It is also a good idea to check out fees of each bank. Now that you have the basics covered, on how to bet online from Taiwan and we hope that you will enjoy success in this.

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