Last updated on: May 17th, 2022
Legal Sports Betting In China
With a population of 1.7 billion, China represents possibly the most lucrative legal sports betting market in the entire world. China’s economy is the second-largest in the world, and current growth trends suggest that it will surpass the United States to become the world’s largest economy by 2035. Unfortunately, access to legal sports betting in China is spotty at best. For 2022, legal sports betting in China is still in a limited capacity. Certain regions of the country, particularly Hong Kong and Macau, are less regulated than others and can thus freely offer sports betting. Other regions are restricted in their commercial dealings by the extremely powerful Chinese government.
There are options for Chinese bettors outside of these legal betting markets, but the ever-watchful government warrants a strong degree of caution. China heavily monitors its citizens’ internet habits and blocks many websites outright. Not all online sportsbooks are currently included on this list of blocked sites, but that could be subject to change at any time. Chinese bettors should carefully monitor developments in the country’s proposed social credit system, which has launched. The social credit system is designed to discourage behaviors that the Chinese government considers immoral or unpatriotic—things like not paying off debt or not visiting your elders. If the government were to declare that gambling would negatively impact social credit, the industry would likely disintegrate overnight.
If you are looking for one of the most trusted online offshore sportsbooks you can find in China or anywhere else in the world, it has to be SportsBetting. This online sportsbook has been around for a good number of years and they have been accepting sports bets from Chinese bettors for a while now. It is one of the most trusted sites with strong security that makes sure that your data and personal information are safe.
Singing up for SportsBetting is absolutely free and there is plenty of reason to do so. For one thing, you can receive a 50% matching bonus on your very first deposit. Just enter the promo code SB1000 when you make your first deposit and SportsBetting will match your deposit by 50% which is good for up to $1,000. That is an excellent way for you to get started on SportsBetting and fuel your new account.
- Efficient Site Layout
- Full Mobile Betting Suite
- Available Customer Service
- Trustworthy Banking Options
- Fast Payout Times
Legality Of Sports Betting In China
While China is widely regarded as the birthplace of gambling, the last century of political turmoil and upheaval has left the gambling industry fragmented and inconsistent. Sports betting is fully legal and regulated in Hong Kong and Macau, which are special administrative regions not under the full control of the Chinese government. Outside those provinces, sports betting is heavily restricted or banned outright. International online sportsbooks are still available to Chinese bettors, but the Chinese government keeps a watchful eye on all its citizens activities and there is no guarantee that online betting won’t negatively impact bettors’ social credit scores. Bettor discretion is advised outside of Hong Kong and Macau.
Where To Bet On The Super Bowl In China
While China has some of the strictest betting laws out there, international sports betting sites allow all Chinese sports bettors the option to bet on the Super Bowl. No matter where you are in China, you can access betting lines at online sportsbooks and bet on one of the biggest sporting events of the year. Thanks to online sportsbooks being compatible with most smartphones and tablets, sportsbooks are able to turn your current location into a place you can bet on the Super bowl in China. Sites like BetOnline are known for having an easily navigated interface for mobile betting. This can be accessed without the need to download an app. Where ever sports bettors in China have internet access or cellphone service is a place to bet on the Super Bowl.
Is Online Sports Betting Legal In China?
Yes, online sports betting is legal in China. But just like with everywhere else, it comes with its own rules and regulations regarding the issue. While there are no Chinese internet sportsbooks to join, the people of China are allowed to join sports betting websites to wager on events. Some sites will be blocked by the Chinese government which simply means the sports bettor will need to find another operator to join.
Due to the Coronavirus pandemic, China has become more flexible with internet gambling like that of gambling on sports matchups. Social distancing has shut down regular gaming facilities, leading gamblers to turn to online platforms. In order to join a sports betting website, gamblers must provide a government-issued ID, a utility bill of some kind with their name on it and a way to fund their account. After that, they can become an official member of the sports betting application and begin wagering on sports immediately.
China Sports Betting Markets
The sports betting market in China has continued to be a very popular aspect of Chinese sports fans. Despite the heavy restrictions put into place by the government, China sports bettors get in on the action every day to play to win big. The two most popular sports in the country are soccer and basketball. These are also the most wagered on sports as well. The NBA is extremely popular in China thanks to Chinese players like Yao Ming being an All-Star and Hall of Famer. In addition, many former NBA players play in China like Stephon Marbury and Jimmer Fredette. More than likely if you are betting on sports in China it is on basketball.
How Is China Sports Betting Taxed?
The Hong Kong Jockey Club is one of the highest paying tax sources for the city of Hong Kong. This club not only handles bets on horse races, but it also takes action on soccer games and various sports lotteries. Although it is not sports betting, China also receives a large number of sports betting revenue from casinos throughout the country. This is despite the fact that gambling is mostly considered against the law in China. So it is very interesting to note that even though the Chinese government is against gambling in general, the country continues to benefit from sports betting and gambling tax revenue.
China Sports Betting Sites
Because of the tricky and strange situation that Chinese sports betting finds itself in, most of the sports betting in the country is actually done in online offshore sportsbooks. Despite grievances from the Chinese government, there are plenty of websites that would love to take bets from Chinese sports bettors. Sites like SportsBetting is great for a sports bettor in China and almost anyone else in the world. If you want to find out more about sports betting sites in China, read our review down below.
Deposit Methods + Currencies Used In China
With Chinese sports betting, you have a couple of different options that are available. The national currency of China is the renminbi, otherwise known as the yuan. Yuan is what normally accepted while you are in China. But this is not the only currency available. Cryptocurrencies such as Bitcoin are also accepted at Chinese online sportsbooks. Bitcoin allows you to put money into your account faster than any other method and you will also get exclusive bonuses by using it. Here is a list of other sportsbook deposit methods that are available in China.
- Visa Card
- Master Card
- Person to Person
- Money Orders
- Bank Wire Transfer
How Do I Withdraw My Winnings In China?
If you are betting on sports in China or anywhere else, you will want to know how you can withdraw your winnings. There is no point in making a bet if you cannot take out the money you end up winning. There are plenty of ways you can withdraw your cash. First and foremost is Bitcoin and cryptocurrencies. Cryptos get your money out of your account quickly and there are no withdrawal fees. But cryptos are not the only way to get cash out of your account. Here are a couple of ways you can withdraw your winnings while you are in China.
Person to Person
Who Regulates Sports Betting In China?
There are two different sports betting regulators that exist in China. They are the Macau Jockey Club and the Hong Kong Jockey Club. Both of these clubs only operate in the cities they are named from and they are not allowed to operate anywhere else. Most forms of gambling are against the law in China and these are the only locations where regulated sports betting can happen. No government agencies oversee sports betting and it is difficult to say if that will change in the future.
Sports Betting In China FAQs
What Are The Best Betting Sites In China?
The best sports betting sites in China are SportsBetting, BetOnline, and MyBookie. The reason for this is because they are based outside of China and they do not have to adhere to Chinese laws. They are allowed to operate and exist because they are based in different countries. They can take bets from Chinese sports bettors without too many issues. They are trusted by bettors in China and by bettors all over the world. We highly recommend you check them out.
What Does The Future Of Sports Betting Look Like In China?
Not great. While Macau and Hong Kong retain special privileges, the rest of the country appears to be moving in a more restrictive direction. The new social credit system, which is due for a nationwide rollout in 2020, aims to punish any behavior that goes against national interests, and it’s very possible that gambling could be added to the list of behaviors that negatively affect social credit.
Can I Use Promo Codes In China?
Yes, promo codes that are available at online sportsbooks are able to be accessed in China. These promo codes are meant to bring the bonuses to all its patrons regardless of country. This means that even though the Chinese government is against sports betting, international sportsbooks are still able to supply sports betting and all the amenities that come with the sportsbooks, such as bonuses and promotions, to all Chinese sports bettors. Using sports betting bonuses and promo codes in China is just as accessible as using sports betting bonuses and promo codes in any other country thanks to international betting sites.
|Restrictions:||Within Certain Cities|
|Popular Sports:||Soccer and Basketball|