In Vietnam, online betting is a relatively new trend. Previously prohibited, it's currently in a grey legal area. In this write-up, we explore accessible betting sites for Vietnamese players and dive deep into the legal backdrop.
- 1 Leading Vietnam Betting Platforms Accessible Online
- 2 Online Betting in Vietnam
- 3 Is Betting in Vietnam Legal?
- 4 Bitcoin Betting in Vietnam
- 5 Criteria for Selecting a Reliable Vietnam Betting Platform
- 6 Favored Payment Solutions for Betting Enthusiasts in Vietnam
- 7 Live Betting in Vietnam
- 8 How To Bet Online in Vietnam
- 9 Popular Sports in Vietnam
- 10 Best Vietnam Betting Sites Ranked
- 11 Guides to Betting in Other Nations – Click on Flags for Information
- 12 ThePuntersPage Final Say
- 13 Vietnam Betting Resources
- 14 Vietnam Betting Sites FAQs
Leading Vietnam Betting Platforms Accessible Online
|
1
£30 Risk-Free Bet on Your First Acca Loss + 100 Complimentary Spins 18+ Strictly for new UK players. Minimum wager: £5. Maximum reward: £30. Initial bet on Football or Horse Racing with at least three selections. Overall odds must be 3.00 (2/1) or experienced over. Free Bets are issued after the qualifying wager settles. Enjoy 100 Free Spins on More Unusual Suspects (£0.10 per spin) once your qualifying Acca concludes. Free spin earnings come without any playthrough requirements. The offer requires a debit card deposit only (restrictions apply), valid for 7 days post-account registration.Full T&Cs apply . Bet Responsibly.GambleAware.org #ad |
|
2
Bet £50 Get £50 18+ Exclusively for newcomers registering with the promo code “GET50”. Eligibility for free bets requires placing and settling £50 on Matchbook markets. Bets must be placed on at least 4 varied events with odds of 2.0 or greater. Players can bet on single or multiple Bet Builders. Bet placements and settlements need to occur before the promotion expires for eligibility.Full T&Cs apply . Bet Responsibly.GambleAware.org #ad |
|
3
15% matched deposit up to £60 18+ Limitation for new customers aged 18 and above. Make a qualifying deposit of at least $10 and claim the offer within 30 days of opening your account to earn 15% in Bet Credits up to $60. Bet Credits, once claimed, are non-withdrawable and stay in your account balance.Full T&Cs apply . Bet Responsibly.GambleAware.org #ad |
|
4
Up to 5 BTC Welcome Bonus 18+ Full T&Cs apply . Bet Responsibly. GambleAware.org #ad |
|
5
First Four Deposits Match 18+ Full T&Cs apply . Bet Responsibly. GambleAware.org #ad |
Online Betting in Vietnam
Much like the rugged terrains of Vietnam, online betting in the region is a complex issue. Since 2017, governmental reforms legalized certain land-based betting forms, but unfortunately, the same cannot be said for online gambling.
Online betting remains technically illegal due to the absence of any permitting laws. Still, it's widely perceived as a grey area given the local authorities' lack of enforcement against it.
This scenario paved the way for international betting companies, not answerable to Vietnamese regulations, to enter the scene – carving out a new market for online betting. Provided these operators stay out of direct business operations within Vietnam, it's not deemed illegal.
What Does This Mean for Punters?
Simply put, there aren't any officially regulated online betting platforms in Vietnam , and many are blocked. The chief concern for users is the lack of state protection against scams or frauds. You can avoid this by opting for a trusted bookmaker , as covered in our aforementioned list, which has been thoroughly verified and holds the necessary licenses and certifications.
INFO
To access most betting sites from Vietnam, you might need a VPN. For comprehensive insights, check out our article on best VPN betting sites covering everything you need to know on the subject.
Is Betting in Vietnam Legal?
Betting is tightly regulated in the Socialist Republic of Vietnam, similar to various regional countries. Prior to 2017, all gambling activities were prohibited, prompting thousands to visit neighboring Cambodia daily solely for gaming purposes.
Legislative changes in 2017 allowed a select number of casinos to cater to international guests holding foreign passports. Eventually, local establishments also saw legal sports betting on international football, horse, and greyhound races.
Later in 2017, casino entry was permitted for Vietnamese gamblers, yet several restrictions remained. Entry requires individuals to be over 21, earn at least 10 million dong (£342.52) per month, and obtain a family member’s consent.
Is Online Betting Legal?
Running online betting sites in Vietnam stays illegal, meaning no native platforms exist – and if found, they're likely unlawful or scams.
INFO
In Vietnam, international bookmakers with licenses elsewhere are beyond governmental jurisdiction, so you’re open to betting on any of these. You won't face liability when placing bets on these international platforms.
The Vietnamese government made efforts to deter online betting, having banned over 180 sites from the country . As recommended earlier, consider investing in a VPN .
Bitcoin Betting in Vietnam
Cryptocurrency has seen immense growth in Vietnam, with an estimated 17% of its population engaging with the crypto market . That equates to more than 16 million individuals , most of whom have Bitcoin as their principal or sole crypto asset.
Crypto's acceptance extends into online betting, and many platforms now offer diverse currency options. Bitcoin's market volatility introduces risks but could also provide lucrative trading opportunities to boost winnings.
These betting platforms in Vietnam accommodate Bitcoin and numerous cryptocurrencies for deposits, withdrawals, and trades.
Cloudbet
Cloudbet is ideal if Bitcoin is your preferred payment method! It's among the few betting platforms providing a Bitcoin welcome bonus of 100% up to 5BTC . Besides offering a sportsbook, there’s an array of casino slots and table games available.
Alongside Bitcoin, Cloudbet acknowledges 43 additional currencies , such as Litecoin, Ethereum, Dogecoin, Dash, and more, with dedicated casino pages for some.
BC.GAME
BC.GAME presents another remarkable cryptocurrency betting venue. Its offerings include 18 different crypto options , providing an excellent crypto betting platform.
What sets BC.GAME apart is the ability for users to buy and sell crypto beyond mere deposits and withdrawals, labeling it a trading platform as well.
INFO
For further insights, explore our overview of the top crypto betting platforms . If your interest lies specifically in Bitcoin betting sites we have a dedicated page for that as well!
Criteria for Selecting a Reliable Vietnam Betting Platform
There are essential considerations for enjoying a rewarding sports betting venture in Vietnam. Listed below are the crucial aspects:
Ensure you register with a reliable betting platform . All those previously listed are internationally acclaimed and 100% safe.
-
Opt for a betting site that supports multiple languages , including Vietnamese and English.
-
Select a bookmaker that accommodates your chosen currency, be it sterling, euros, or Vietnamese dong.
-
Choose a platform that offers varying odds formats like fractional, decimal, or from Hong Kong.
-
Keep an eye out for extensive in-play markets. Ideally, they should also provide live streaming and updates.
-
Be on the lookout for a generous welcome bonus and frequent promotions to maximize your betting experience.
Favored Payment Solutions for Betting Enthusiasts in Vietnam
A vast array of payment options exists in Vietnam. Traditional banking methods are always on hand, including VISA and Mastercard .
Thousands of e-wallet options are available in Asia, some common ones being PayPal , NETELLER and Skrill ; while many others exist, not all sites support them. Vietnamese bettors often prefer local solutions like VTC Pay and MoMo .
Lastly, as previously mentioned, cryptocurrency betting is hugely popular in Vietnam . Numerous bookmakers offer a wide variety of currencies, with Bitcoin being the most favored.
In general, many Asian betting sites offer comprehensive payment solutions tailored for diverse countries' needs. Use this advantageously to find your optimal payment method!
Live Betting in Vietnam
Live betting has grown pivotal in contemporary betting as more enthusiasts gravitate towards this dynamic wager form. Responding well, bookmakers have significantly expanded their in-play markets, often as extensive as pre-match offerings.
All top providers champion some form of in-play betting, with our selected bookmakers offering remarkable sports options, competitive odds, and innovative bet builder functions.
In-play betting represents an excellent opportunity to enhance bet value. Classic examples of live betting include:
Fulltime betting – Imagine placing a bet on how a match will end, especially riveting when the favored team unexpectedly falls behind early. This kind of twist can make the odds more tantalizing and lead to potential surprises.
-
Goalscorer betting – In this scenario, you're betting on a player to find the back of the net at some point during the game.
-
Yellow card betting – Betting on this market can be particularly profitable if a player is already walking on thin ice after a yellow card from the referee.
-
Over/under corner bets – This type of wager focuses on the total number of corners during a game, which can vary significantly depending on how teams are playing on the day.
-
Set piece betting – This covers a range of actions, from free kicks and throw-ins to goal kicks.
-
Asian goal line betting – This market is about predicting whether the total goals in a match will be above or below a set number, and there's a safety net with a potential return of your stake if a specific goal count is hit, providing a sense of security and adaptability to your bets.
Livestreaming
Livestreaming – More and more online bookmakers are embracing this, offering customers an extra perk in terms of usability and as a nifty tool for betting.
– The availability of live sports streaming isn't guaranteed; it hinges on variables like pay TV rights, agreements with networks, and specific country regulations. Generally, events like Premier League – are not streamed live due to the staggering costs involved for operators.
– Conversely, sports like tennis, table tennis, and basketball, which have a strong following among Vietnamese fans, are broadcast consistently by major bookmakers.
– In our view, bet365 offers a standout live streaming experience, showcasing a wide array of sports and events for viewers to enjoy in real-time.
How To Bet Online in Vietnam
– Thanks to the local availability of popular European bookmakers, placing an online bet from Vietnam is a breeze, much like it is in the UK.
– Opening a new account is straightforward: just fill in your personal info, account details, and provide some verification, like a copy of your ID or passport.
– Once registered, depositing funds can vary a bit from site to site; generally, you head to the 'My Account' area, click 'Deposit', select your preferred method, and enter the amount. Some sites simplify this even further with a 'Deposit' button easily accessible on the homepage.
– If you're stepping into the betting world for the first time, we suggest sticking with sports you are familiar with. While there's a great variety of unique sports you can bet on, lacking knowledge about them is a fast lane to losses.
Popular Sports in Vietnam
– In Vietnam, sports are a big deal, with football reigning supreme as the country's most adored and widely followed sport. We've compiled a list of top favorites among local punters.
– Football's popularity continues to soar, buoyed by the national team's accomplishments, including qualifying for the upcoming Asian Cup and reaching the top spots in the last few AFF Cup tournaments, even clinching the title in 2018.
– Besides football, volleyball, badminton, and wrestling enjoy popularity, along with Vietnamese martial arts. In betting circles, horse racing and greyhound racing are prominent enough to have gained legal status.
Best Vietnam Betting Sites Ranked
Betway
Matchbook
bet365
BC.GAME
Guides to Betting in Other Nations – Click on Flags for Information
– Considering a trip or a permanent move to another country? Our articles will get you up to speed with what you need to know about betting practices in those places. For a broader look at international betting, see our extensive guide. international betting guide .
ThePuntersPage Final Say
– Gambling's rise in global popularity is unrelenting. Vietnam made strides in 2017 toward legalizing physical betting venues. However, the online realm remains ambiguous, so for a smoother wagering experience and peace of mind, check out our top-rated, reliable bookmakers highlighted earlier.
Vietnam Betting Resources
– For further information on betting online in Vietnam, explore the resources linked below.
- 1.
iGaming Business – Vietnam – : This serves as a source for the gambling industry's latest news, including updates about betting in Vietnam
- 2.
– Vietnam Briefing: Delve into the history of legalized gambling within Vietnam. – : A publication focusing on business news in Vietnam, featuring insights into the gambling sector.
- 3.
– TGM Research: This survey examines gambling and sports betting trends in Vietnam. – : A market research firm's take on the behavior of gambling consumers, spotlighting Vietnam.
Vietnam Betting Sites FAQs
– In 2017, Vietnam gave land-based betting the green light. Online betting, however, is in a transitional phase. While international bookmakers can be accessed legally within Vietnam, their operations aren't licensed within the country.
– Our detailed compilation reveals outstanding options, with Betway, bet365, and Matchbook topping the list as the best betting platforms in Vietnam.
– You have a range of choices, from traditional payments like debit cards to digital options such as PayPal, Skrill, and NETELLER. Local favorites include VTC Pay and MoMo, with Bitcoin and other cryptocurrencies gaining momentum too.
– Absolutely, Bitcoin has cemented its place as a favored option in Vietnam, alongside betting sites dedicated to cryptocurrencies in general.