According to recent gambling data, sports betting is considered one of the most popular forms of gambling in the world. The popularity of this form of gambling is notable in a number of countries, particularly in the Philippines. In the Philippines, the passion for gambling and sport started in the early 1600s when the early Filipinos were engaged in cockfighting.
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According to many historians, gambling is already present in the country even before the Spanish colonization. It is said that the Chinese were the ones who introduced gambling in the country, and one of the first forms of sports gambling practiced by the locals was cockfighting. Today, gambling is alive and well even in the face of a number of laws that regulate these activities.
In the Philippines, the laws are mixed when it comes to gambling and sports betting philippines. A casual reading of the laws reveals that Philippines-licensed online casinos are not allowed to accept bets from Filipinos. But if you place your wagers in the state-run Philippine Amusement and Gaming Corporation (PAGCOR), then you are allowed to gamble and bet on sports. This legal opening gives Philippines online players the chance to take part in sports betting, from gambling on basketball, tennis, boxing to horse racing.
But the popularity of online gambling and sports betting among Filipinos started to grow with the popularity of the internet and the emergence of online betting sites. Thanks to innovations in technology and popularity of mobile devices, gambling services have become more accessible leading to the rise of the number of offshore sportsbooks that accept players in the Philippines. Today, all you need to do is to find a licensed offshore online casino, check if it is licensed to accept players from the Philippines, and sign up for an account to bet. In short, new technologies, mobile devices, and ‘friendly licensing laws’ help democratize access to sports betting. Although you can now find dozens of online sportsbooks with dozens of gambling options that allow this form of online gambling, it’s not recommended that you simply sign up and bet your money. Just like in other forms of activities, one should be properly informed about its purpose and how it should be done.
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Sports Betting- What It Means
Simply put, sports betting refers to the process to a form of gambling where you predict the result or the outcome of a specific sporting event. The events may vary depending on the casino or the market, for example, you will predict what team will win between the Golden State Warriors and the Portland Trailblazers in the National Basketball Association (NBA) or the total number of points that can be recorded in a Philippine Basketball (PBA) matchup. In making this prediction, you will normally put a real money wager. And if your prediction is correct, you will win an amount computed based on the existing odds. In sports betting, you will discover different betting options and often it’s based on the sport or the league. For example, you may encounter a different set of bets in NBA betting compared to tennis, boxing or horse racing.
How to Bet – Follow these Steps
The great thing about sports betting is that it combines two popular forms of entertainment- sport and gambling. If you are passionate about these two forms of activities, then online sports betting is right for you. You can follow the steps listed below if you want to start your adventure online:
- Find an online sportsbook and create an account. If you are from the Philippines, then you should make sure that this is a licensed offshore online casino or sportsbook that accepts real money wagers from the Philippines online players. Another option is to place bet physically with Philippine Amusement and Gaming Corporation (PAGCOR). However, this is normally done offline and you need to visit the physical shop.
- Once registered, you need to visit its sports betting section and find your preferred sporting event. Ideally, you should be familiar with the sport that you want to follow and put your bet on. For example, you can make an informed bet on an NBA team if you know its standings, its top players, and its history.
- Check out the available bets for the sport and the different sports betting odds. If you follow the NBA, then you should be aware of the NBA betting odds before attempting to make a bet. The money that you will earn from your bet will also depend on the odds presented on the website.
- Select the type of bet that you want to play and decide on your stake. You will find different types of bets available including the ‘Point Spread’ and ‘Money Line’. if you would like to participate in NBA online betting Philippines opportunities, then one of the most popular bets that you can take is the ‘Point Spread’.
- Once you are satisfied with the type of bet and wager, click ‘Submit’. Once you have submitted your bet, the next step is to follow the progress of the game and hope that your team and bet will win in the end.
A Few More Reminders About Betting Online
When it comes to sports betting, it’s also best to look beyond the license of the sportsbook. Aside from being a licensed platform, you should also consider the amount or the quality of bonuses that are offered by the casino. When it comes to bonuses, you can’t go wrong with a deposit bonus or welcome bonus package and a free bet. An online sportsbook that offers an exciting free bet will give you the confidence to play the game risk-free.
It’s also best to pay attention to the types of sporting events that are covered by the sportsbook. If you are passionate about basketball and want to bet on NBA teams, then you should look for online sportsbooks that allow NBA online betting and offers NBA betting odds.
Finally, sign up with a sportsbook that offers live and mobile betting. In live or in-play betting, you can place your wagers even if the game is on-going. With live betting, you are placed in the middle of the sporting action and you can easily calibrate your strategy depending on how the momentum shifts from one team to the next. Mobile sports betting, on the other hand, gives you an opportunity to enjoy the sport and place your bets anytime, anywhere. With the use of your preferred mobile device, you can easily place your wager on-the-go. To enjoy this facility, you may need to download a sport betting app which is offered by the casino.
Anyone who never placed a sport bet or read odds will find sports betting a complex activity. With its unique jargons, statistics, and different types of bets, the idea of placing money on the outcome of a game can be quite stressful for many. If you are planning to take part in this activity and you still have questions, you can consider this site as a helpful resource. We encourage you to read, immerse yourself in the games, and learn more about sports betting. And if you need help in finding the most reliable online sportsbook that accepts Philippine players, then our website can also help.