Bangladesh Gambling Sites and Law
If you are a fan of gambling then Bangladesh might not be the place for you.
Unlike many other places on Earth that have rich traditions of gambling, Bangladesh has a long tradition of not allowing gambling.
The ban on gambling goes all the way back to 1867 when the Public Gambling Act came into existence.
Gambling companies and players alike face fines and even imprisonment if they’re caught betting.
One of the main reasons for this is that Bangladesh’s population is mostly Muslim and the Qur’an explicitly prohibits gambling.
Rigid laws aside, these regulations are not strictly enforced. This is especially true with online gambling where there are no confirmed reports of a player ever being prosecuted.
The only form of gambling that is legally allowed is horse racing which is subject to very tight restrictions.
Top 10 Gambling Sites for Bangladesh in 23 April 2024 – Updated List
What are the Best Bangladesh Gambling Sites and Promotions?
Because wagering is not legal in Bangladesh, international gambling companies may not operate within this jurisdiction. Bangladeshi gamblers are forced to place their action with foreign legal betting sites and they have a pretty good selection choose from. The most popular site among Bangladesh’s online gambling population is Betfair who, incidentally, offers new Bangladeshi customers a €500 casino bonus.
As with most other gambling jurisdictions, the best sites for Bangladeshi residents include William Hill, Ladbrokes, Bwin, and LSbet who all offer their customers a wide range of excellent and easy to claim bonuses. SportingBet, 888, and Betsson are also well-respected on a global scale and they offer their services to online gamblers in Bangladesh.
Bangladeshi online casino fanatics are eligible to claim some very big bonuses including Play Grand Casino’s $10,000 bonus and 21Prive Casino’s €10,000 bonus. These are among the largest bonuses that can be found anywhere.
There is a wide range of bonuses for Bangladeshi players such as BetAtHome’s €50 bonus, Paddy Power’s €300 promo, and Casino.com’s €400 give away. Residents of this South Asian country can find these and many more generous bonuses from the world’s best sportsbooks at Gamblingjudge.com.
How Regulated is the Bangladesh Gambling Market?
As previously stated, all forms of gambling with the exception of horse racing is illegal in Bangladesh. While residents are under the threat of fines and imprisonment, it is a rare occurrence. Recreational wagering among friends is quite popular and generally it is socially acceptable.
Visitors to this country will not be able to find a casino, legal card room, or any other public establishment in which to gamble legally with the exception of the few horse racing tracks where wagers are only accepted on the day of the race.
Does Bangladesh Tax Gambling Winnings?
Due to the fact that gambling is illegal in Bangladesh, there are no taxes to be collected from winnings. While horse race betting is legal and friendly wagers are made on a daily basis, there are no provisions to tax any of those winnings.
What Currencies and Payment Methods do Bangladeshi Players Generally Use?
The Bangladeshi taka is the official currency here. The taka is worth a little over $0.012 USD. Debit and credit cards are accepted methods of making financial transactions online at most, but not all, online gambling sites that service Bangladeshi residents. Prepaid credit cards are very similar.
They are accepted at some but not all online gaming sites. The more common methods that are used are eWallets such as Skrill and EntroPay. Neteller is a highly recommended and widely accepted payment method. Due to strict banking rules, using a bank wire transfer to complete financial transactions with online gaming sites is very difficult although using Sonali Exchange is one possible way around these rules.
It is especially important for Bangladeshi online players to check with their gaming site to see what options for deposits and withdrawals are available. The choices are a lot more limited here than in other jurisdictions but there are still many accepted methods. You can check with Gamblingjudge.com to find out what methods are accepted at sportsbooks servicing Bangladesh.