Malaysia’s sports betting laws are complex. Betting is, for the most part, deemed illegal in countries where the majority of the population follows Islamic Sharia Law. However, this is not true for non-Muslims in the country or for tourists.
There are a number of sports betting sites in Malaysia to satisfy sports fans who enjoy gambling. There are a lot of bookmakers competing for your attention, so getting the best deal is possible.
Is Betting Legal in Malaysia
Malaysia’s Betting Act of 1953 states that operating online or offline betting websites is illegal. But sportsbooks on the international market that accept Malaysian residents can accept non-Muslim players.
If the sportsbook is outside Malaysian borders, then it is still a risk. The operations are illegal, unregulated, and may shut down easily at any time, taking your money with them. Malaysian residents are advised to avoid betting with international sportsbooks that operate out of the country.
There is no specific regulation in Malaysia’s Betting Act that restricts online gamblers. Due to this, non-Muslim Malaysians wager on sports safely every day.
Take a look at the site’s gambling license if you’re not sure if the site is legal in Malaysia. Malta Gaming Authority licenses, the UK Gambling Commission licenses, Curacao eGaming licenses, and HM Government of Gibraltar licenses are all very acceptable. This information should be displayed on the sportsbook’s website or mobile app.
Payment Methods for Malaysian Punters
There are many payment options available to Malaysian bettors at sportsbooks just like their European and American counterparts. The most popular credit cards around the world are probably MasterCard and Visa, but not necessarily in Malaysia.
Malaysian bettors may prefer anonymous methods of payment, even though online gambling with international sportsbooks is not illegal. The best option for this is an e-wallet, which is one of the reasons they’re so popular in Malaysia.
Payment methods used most frequently in local areas are EeziePay, Paytrust88, and Help2Pay. Paytrust88 is supported by 1xBet, 22Bet, and BetWinner plus all Malaysian banks support the payment method, including Public Bank, RHB, CIMB, MayBank, Hong Leong Bank, HSBC, and BSN. Payments via bank transfer are fee-free. However, you should be aware that some transfers can have issues, if the bank verifies the source of the funds.
