Online Sportsbooks For Filipinos
| Betting Site | Bonus Offer | Min. Deposit | Wagering Requirements | Rating |
| Loot.bet | Up to €100 in Welcome Bonues | €5 | 30 Days | 4.8/5 |
| 22Bet | Up to €300 in Welcome Bonues | €25 | 20 Days | 4.8/5 |
| Comeon | Up to €25 in Welcome Bonues | €5 | 30 Days | 4.7/5 |
| BetOnline | Up to €600 Deposit Bonus | €15 | 30 Days | 4.7/5 |
| Betway | Up to €200 Deposit Bonus | €20 | 30 Days | 4.5/5 |
| Intertops | Up to €25 in Welcome Bonues | €20 | 30 Days | 4.2/5 |
The sports betting activity is extremely popular and widespread in the Philippines. Not only is the country among the leaders of the Asian online gambling market, but Filipinos themselves love betting on sports in particular. As the islands have become a meeting place for several European and Asian cultures, local players seek the widest range of sport games to bet on. We shall briefly review the legal aspect of sports betting and look at some popular sports to place bets on in the Philippines.
Sports Betting Laws in the Philippines
Online sports betting is legal, provided gambling sites don’t actively advertise their services to domestic residents, nor are they permitted to take real money from local sports bettors. But Filipinos are quite free to play at licensed offshore platforms. Basically, the country has become a haven for foreign and local offshore online sportsbooks, gambling tourism enjoys special privileges, and the online sports betting industry is now one of the major contributors to the national economy.
Legal sports betting options
There’re lots of gambling lines available in the Philippines, and legal sports betting covers virtually all sports you could possibly think of, including martial arts and even such domestic sports as horse racing and cockfighting. You’ll be able to find online gambling sites for all major leagues and competitions in the world.
One relatively new, but already quite popular format of legal sports wagering, called live betting, involves real-time wagering when the game is in process already. Not all sports and events are included in the action though, their range varying among different operators.
One more latest development is mobile betting, which all of the best offshore sportsbooks offer nowadays. There’re still no domestic operators offering this service, however. All the lines, wager types, account and funds management, live streaming and security features are now available for both Android and IOS.
Taxation of online sports betting
Gambling taxes in the Philippines depend on the type of gambling as well as its location. Licensed casinos, for example, only pay taxes on prizes over PHP10,000. There’s still no specific tax formally imposed on online sports betting, which probably means you won’t have to pay it from your winnings.
Popular Sports for online betting
With such high popularity that both sports and gambling enjoy among Filipinos, as well as the size of the country’s population, virtually all sports are extremely popular, and it’s only a question of finding the right community. The three that do seem to stand out, however, are basketball, football and cockfighting. But the issue of the latter’s legal status is still being suspended.
Finally, martial arts have become a lot more common on the online esports market, and they still continue to grow in popularity both among Filipinos and foreign travellers. Combat sports, such as boxing and Arni in particular, seem to be the current leaders of this modern trend.
Summary
Both gambling and sports are very popular in most Asian countries. What makes the Philippines stand out is their relaxed and friendly legal attitude to gambling on sports. And the technological revolution of the twenty-first century helps Filipinos grow into the busiest nation in the online sports betting industry.
