Gambling and betting is becoming more and more popular in Asia with the
passage of time. Asian bookie is a term used to refer to betting
websites which targets the Asian market or bookmarkers that specializes
in handicap sports betting. You will be amazed to know that most of the
reputable Asian betters are licensed in Man of Isle: It's a crown
dependency of the United Kingdom followed by Philippines.
...Asian bookies are in high demand not only Asia but also in different
parts of the world such as Europe and UK. There are several reasons why
an Asian bookie is a much better choice as compared to bookmarkers from
different parts of the world. For Asians, Asian bookies offer local
currency support and provide local banking options. Additionally, they
give the Asians the betting format they are accustomed to.
Although things changes from country to country and region to region in
betting but here are some of the reason why you should go for Asian
Asian betting currencies
The biggest advantage with Asian bookies, especially if you are an Asian
betting enthusiast is that they provide you options to open an online
betting account into your local currencies as well as popular
currencies. You can choose from wide range of currencies. Some of the
available options are Chinese Yuán Renminbi (CNY), Hong Kong Dollars
(HKD), Indonesian Rupiah (IDR), Vietnamese Dong (VND), Thailand Baht
(THB), Malaysia Ringgit (MYR), Singapore Dollars (SGD), UK Pound (GBP),
Euros (EUR), and US Dollars (USD).
Although, there are a lot of choices when it comes to choosing currency
but most of the online Asian bookies bars players from various countries
from taking part in betting. Some of these countries are France, USA,
Italy, Turkey and Hong Kong. These bookmarkers say that they are doing
so for legal reasons. Interestingly, they openly offer banking options
to gray areas such as China, Indonesia and Thailand.
Depositing at asian bookies
As mentioned above, the mode of operation does change with changes in
location. Same holds true for deposits. Betting fans in Indonesia and
Malaysia can take advantage of their home bank account to deposit money
through an ATM or online banking services. On the other hand, Chinese
are forced to use their debit card. Thailand takes the lead when it
comes to convenience to customers because it provide wide range of
payment options but the opposite holds true for Vietnam. For Singapore,
UK and European countries, E-wallet services perform this
One of the biggest advantages of choosing Asian bookmakers is fast and
free payout. Almost all the online Asian bookies offered direct bank
transfer facility within 48 hours irrespective of location. They send an
agent to your bank branch to complete the process of withdrawal. This
ensures that your identity is not revealed and you also receives the
money into your bank account.
Asian odds formats
There four Asian odds formats which are quite popular, they are:
1. Hong Kong Odds
2. Malay Odds
3. Indonesia Odds
4. Decimal Odds
Hong Kong Odds
This one is the simplest odds format. Here odds are always presented in
a positive number with decimal points. These odds represent how much a
bettor will be paid, in addition to stake, for each unit wagered. For
example if the odds are 0.850 you’re dealing with a semi-heavy favorite
and will get paid $0.850 in winnings for each $1.00 risked. If the odds
are 3.750 you’re dealing with a decent sized underdog and will be paid
$3.75 (plus your stake) for each $1.00 risked. Underdog can win this odd
Last but certainly not the least, is Malay odds. This format is a new
territory for Europeans and American betters. Here odds are expressed as
either a negative or a positive number and that number is never greater
than 1. Unlike all other odds formats that use positives and negatives here things are reversed as in negative means
underdog and positive means favorite. When the odds are negative this
represents how much a bettor needs to risk to 1 unit (example: -0.80 is
risk $0.80 to win 1). When the odds are positive this is how much a
bettor will win on a 1 unit stake (example: 0.550 is risk 1 to win
Quite similar to American odds, Indonesian odds use a single digit
instead of three digits. This differentiates it from American odds. For
example +134 American is 1.34 Indonesian. When Indonesian odds are
negative how much you should risk winning a single unit, so -3.45 odds
is risk $3.45 to win $1.00 profit. When Indonesia Odds are positive this
how much will be paid in winnings on a single unit stake. So for
example, +1.430 in Indonesian odds is risk $1.00 to win $1.43.
In this type of odds, odds are always listed as a positive number with
decimals, and represent the total return (stake + win) a winning ticket
will pay for each unit staked. For example European odds 1.91 is risk
$1.00 to win $0.91. This is because the odds 1.91 mean 1.91 (stake +
win) will be returned for each 1.00 risked; 1.00 was your stake so 0.91
is your potential win.
Advantages of asian bookies
Here are some of the advantages of Asian bookies:
When you compare the European bookies with their Asian counterpart, one
difference will be evident. Asian bookies operate on lower margins than
European bookies. They offer you better odds, which increase your
chances of winning.
If you are a fan of football betting, then Asian betting site is for
you. They will provide you with live betting options. They offer better
odds and more markets to play around with to betters as compared to
American or European bookies.
Betting on football is one of the most popular pastimes amongst Asian
betters. English Premier League, UEFA Champions League, La Liga and many
more have been on the betting list for many years now. What makes Asian
bookmakers so unique is the fact that they also provide you access to
smaller markets such as Indian field hockey and other small scale
sporting events. You can easily verify this by exploring different
sporting leagues available on online Asian betting websites.
If you are betting on a sport where draw is a possible outcome, then
Asian handicap will appeal to you. Here a handicap is added to eliminate
or reduce tie as a potential outcome and to bring the odds much closer
to decimal odds 2.0 (even money).
I hope this article might have convinced you to switch
to Asian bookies if you have not done it yet and enjoy the benefits.
Better odds, faster payouts and better support for local and
international currencies makes them a good option to consider. Live
betting is a also a big plus. If you want to take sports betting to the
next level, then try these Asian betting sites and you will forget the
UK betting sites.
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