Last updated on: March 18th, 2022
Legal Sports Betting In The Philippines
The Philippines has largely embraced legal sports betting, setting it apart from many of its contemporaries. Although there are a few quirks with betting on sports in The Philippines, for the most part, it remains one of the best sports betting experiences in the world. With a wide selection of both retail and online sportsbooks, both inside the country and abroad, bettors in The Philippines are spoiled for choice. While peer-to-peer betting is illegal, there are plenty of regulated establishments offering full-service sports betting.
The legality of sports betting in The Philippines also plays well with its status as a tourist destination for wealthy foreigners. Tourists are even given special sports betting privileges in the Cagayan region. The most popular sports for Filipino bettors are basketball and soccer, but sportsbooks offer odds on any number of major global sports leagues. This page will cover all the info you need to know about betting on sports in The Philippines, from the best sportsbooks to use to the market potential of this emerging industry.
The Philippines Sports Betting Laws
Both land-based and online sports betting are legal throughout most of the country. There are a few quirks, such as the requirement that local bettors bet with a Philippine Amusement and Gambling Corporation (PAGCOR). Additionally, local bettors in the Cagayan region are excluded from all sports betting, including PAGCORs. However, online sports betting is still legal and widely available throughout the country through both domestic and international online sportsbook operators. Legal sports betting in the Philippines in 2022 is available as long as you know where to look. While Filipino sports betting laws can be confusing and labyrinthian, there are still plenty of betting options available.
Is Online Sports Betting Legal In The Philippines?
Yes, online sports betting is legal in the Philippines. Filipino bettors are serviced both by domestic online PAGCOR sportsbooks as well as international online sportsbooks licensed in the UK, the Caribbean, and elsewhere. Outside of the Cagayan region, where all gambling is prohibited except for foreign tourists, you can freely bet online from anywhere in the country. Filipino bettors have access to a wide array of legal online sports betting activities, including live betting, parlays, single-game wagering, and much more. The government in the Philippines is in something of a state of flux right now, so these laws are subject to change rapidly.
The Philippines Sports Betting Markets
The largest cities in the Philippines are Quezon City, Manila, and Davao City. But the Manila metro area is by far the most populated region of the Philippines, with a population over 12 million—nearly 13% of the country’s total population. The Philippines, although not world-renowned for their professional sports leagues, are still largely massive sports fans. The most popular sports in the Philippines are soccer, boxing, and most importantly, basketball. Boxing reigned supreme when Manny Pacquiao was dominating the sport, but now basketball has taken over as the preeminent sport. The biggest basketball league in the Philippines, the Philippine Basketball Association, has teams all over the country.
Where Philippines Sports Betting Revenue Goes
The Philippine Amusement and Gaming Corporation (PAGCOR) is responsible for running many of the most popular casinos and online sportsbooks in the country and is responsible for licensing and regulating the others. Revenue from sports betting goes partially toward covering regulatory expenses. Most of the money goes toward the National Treasury and the Philippine Sports Commission. The National Treasury funds many social programs, infrastructure improvements, and much more throughout the country. The Philippine Sports Commission is the governing body responsible for regulating all Philippine sports.
Legal Philippines Betting Sites
There are numerous online sports betting sites and online casinos available to players in The Philippines. These sites offer great betting odds, top-notch security for personal and financial data, and lucrative deposit bonuses to help ensure that players are always getting the most bang for their buck. When looking for a betting site in The Philippines, look for sites boasting a long track record of consumer trust, 24/7 customer service, and access to a wide variety of high-quality betting options.
BetOnline is the place to bet on sports in the Philippines as they are legal to use and offer hundreds of betting lines daily. Once you sign up for an account, you will find they are easy to work with, having great banking methods. Players need to check out BetOnline in the Philippines, as it is one of the best sportsbooks. Find odds for the Philippine Basketball Association or betting lines for the Southeast Asian Games.
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Legal Sports Betting in The Philippines FAQs
Why are so many sportsbooks based in The Philippines?
The Philippines have much looser sports betting laws than those of many other countries, which makes them an attractive location for sports betting operators to base their headquarters.
How does currency exchange work with Filipino sportsbooks?
Most online sportsbooks offer deposits and withdrawals through multiple different currencies, including British pounds, U.S. dollars, euros, and other major international currencies. If you deposit and withdraw through Bitcoin, it will be automatically converted into the currency of your choice on withdrawal from your Bitcoin wallet. More info about currency exchange can be found in a sportsbook’s FAQs.
Can you bet on sports in every province in The Philippines?
No, you can’t bet on sports in every province in the Philippines if you are a Filipino resident. The Cagayan region is off-limits for Filipino bettors, and sportsbooks there are exclusively reserved for foreign tourists. In every other province, however, it is fully legal to bet on sports whether you are a tourist or a resident.
Are tourists allowed to bet in The Philippines?
Yes, tourists can bet in all regions in the Philippines. Additionally, many online sportsbooks based in the Philippines are available for bettors all over the world even if they aren’t physically located within the country. Gambling tourism in the Philippines is actually extremely lucrative for the country, and state-licensed and operated sportsbooks are highly profitable servicing mostly tourists.
Why doesn’t The Philippines have casino sports betting?
PAGCOR Chairwoman Andrea Domingo has gone on the record in the past saying that the Philippines “doesn’t want to overburden the industry by blatantly giving out licenses.” Casino sports betting would significantly increase the regulatory cost of sports betting, and the Philippines doesn’t have a massive budget, so it makes sense to keep it online-only.
Is there eSports betting in the Philippines?
Esports betting in the Philippines is possible with sports betting sites all hosting different options. The best esports betting sites in the Philippines will have odds on Dota 2, LoL, CoD, Rocket League, and many other smaller games as well. Make sure to find a Philippine betting site that offers esports prop bets as well, as this can be the easiest way to win money.
|Popular Sports:||Soccer, basketball, and boxing|