With a population of 1.4 billion, China is one of the most populated countries in the world. The country is popular for the strict measures taken to restrict betting sites. Despite this, the Chinese gambling industry has managed to thrive. For the best Asian betting sites that offer the best odds, you must use the internet and pick one of the international gambling companies that operate online (and abroad).
This can be a challenging job for beginners: How can you find the best Asian bookmakers? Well, you don’t have to: We already picked them for you.
Below, you can see a Chinese bookie sportsbook list with the top odds. No matter what kind of sports you are interested in (you can even find CSGO China top betting odds), at least one of these Chinese bookies will be the best option for you. Good luck!
- 1History of Gambling in China
- 2Most Popular Sports in China
- 3Best Sport Betting Sites and Bookmarkers for Hong Kong
- 4How to Choose the Best Chinese Bookmarkers
- 5What are the Most Common Types of Bets in China
- 6Popular Payment Methods for Chinese Customers
- 7Online Gambling Laws and Regulations in Hong Kong
- 8Gambling tax in China
- 9Tips and Tricks about Chinese Betting Sites
- 10Chinese Betting Sites Pros and Cons
- 11FAQ about Chinese betting sites
Best Chinese Betting Sites in 01 November 2023 – Updated List
History of Gambling in China
Interestingly, the Chinese people are popularly known for their mastery of betting and different forms of gambling. This is because they have been a long history of gambling. Gambling in China can be traced to as far back as the first dynasty, about 4,000 years ago.
Since then, gambling was recorded for every dynasty. Many of the games played today like the lottery, pai gow, tien how, etc started in China. With the establishment of Shanghai in the middle 1800s, the people played many local and international games, including roulette.
Gambling was a popular form of entertainment among officials and citizens alike even though it contradicted the Chinese tradition as taught by Confucious. China’s betting activities were regarded as wasteful and could result in social disorder. It was difficult for ancient rulers to control the activity of the Chinese market until the ban policy was made on physical and online gambling. Since then, the government has been in control of China’s gambling sites and laws.
Most Popular Sports in China
The Chinese have enjoyed traditional sports for centuries. Martial arts, cuju, and wushu are a few of these physical traditional events. There are also large followings of sports such as ping-pong, tennis, golf and cycling. It is estimated that there are over 470 million bicycles in China.
Of course, if you have ever seen the traffic there you may have an idea why there are so many bikes. There is growing interest in sports like baseball, aquatics, rugby, and volleyball but basketball and soccer appear to have the widest appeal. There are an estimated 300 million active basketball players here. Basically, these are the most common sports in China betting sites.
The most popular sports in China include:
Best Sport Betting Sites and Bookmarkers for Hong Kong
Punters that are looking for better China betting odds and those offered by these state-run lotteries don’t have too many choices other than seeking out illegal local or internet bookmakers, but all the time you can do a short trip if you want to use Hong Kong betting sites and other types of gambling. All of the best Asian bookmakers are located abroad and offer their Chinese bet services over the internet.
Hong Kong, which is the special administrative region of China, was not affected by the ban on betting. This makes it the center for betting activities in the country, and it attracts both foreign and local punters who seek to have non-restricted betting experience in Chinese betting companies. The online betting sites, bookmakers, and betting companies in the city offer the same service as those international gambling companies and sites. Some of the best Asian betting sites and bookmarkers as of 2023 are:
Top Asian betting sites:
- William Hill
How to Choose the Best Chinese Bookmarkers
What are the Most Common Types of Bets in China
There are different bet types that can be applied to Chinese online betting sites. The type of China bets to use usually depends on the game and the personal preference of the player. Moneyline bets and handicap bets are common Chinese bets.
How to Make a Real Money Online Account at Chinese Bookmakers
- Choose any betting site in China that you like, ensure that it is one of the trusted sports betting sites. Consider the necessary features like credibility, odds, and range of services. Log onto the site and locate the “sign up” button.
- Clicking on the sign-up button redirects you to a new page where you will provide your data such as country of residence, date of birth, full name, etc.
- You will also be requested to fill in your contact information. Fill them in accordingly.
- Next, fill in your personal preferences. Odds display, preferred language, and timezone
- After that, fill in your log-in details. Use details you can remember because you will need then often
- Finally, fill in a four-digit security code that you will use to retrieve your account if you lose your log-in details.
Popular Payment Methods for Chinese Customers
Because of the ban imposed on betting, it is difficult to transact on betting sites in China, as it is in Vietnam. The government blocks betting payments in China between the players and the casino through the state council information office. For this reason, players use e-wallets to make betting payments in China so as avoid the interruption of the government. The different e-wallets that can be used include;
- Webmoney, etc
The best real money mobile apps for Chinese players
Online Gambling Laws and Regulations in Hong Kong
Online sports betting is clearly against the law in China but it hasn’t stopped millions of people from placing illegal bets. The government has been able to block financial transactions to and from offshore Chinese betting sites and they have had moderate success with blocking several internet betting sites. But if you want to learn more about his field, read our 2023 updated guide about the top 5 offshore sportsbooks.
The rules set to regulate gambling allow the government to monopolize all gambling activities, including football matches, horse races, and lotteries. Two documents, the “Betting Duty Ordinance Cap108” and the “Gambling Ordinance Cap148,” cover the Hong Kong gambling law. With the “Gambling (Amendment) Ordinance of 2002″, online and foreign sites became banned. The answer to the question” Is betting legal in China?” Would be that it is only legal when done in the state-own lottery. Penalties for unlawful gambling include
- First conviction: fine of $10000 AND up to 3-months imprisonment.
- Second conviction: fine of $20000 AND up to 6-months imprisonment.
- Third conviction: fine of $30000 AND up to 9-months imprisonment.
Under the Criminal Law of the People’s Republic of China, those found participating in illegal China bet activities face fines and the possibility of imprisonment but the punishment of the operator of the Chinese gambling website is less severe. They might have their website blocked. Domestic syndicates have faced some of the stiffest penalties, however.
Gambling tax in China
Players who gamble in China are taxed 20% of their win if it is above 10,000 RMB. But if the total win is less than 10,000 RMB, no tax is charged. Because the only legal betting centres are State-owned lotteries, there is no tax charged on service providers. Since it is expected that there should be no Chinese sports betting sites, only the government controls betting.
Sports Betting Bonuses for Chinese Players
Bonuses for Chinese gamblers differ depending on the Chinese sports betting sites that are patronized. Different betting websites offer different bonuses. Some of the common bonuses offered by the best Chinese betting sites include deposit bonus (welcome bonus or sign-up bonus), reduced commission, improved odds, no deposit bonus, free bets, betting reload offers, risk-free and no loose offers. However, you have to make a qualifying bet first to be able to participate in bonus offers.
Tips and Tricks about Chinese Betting Sites
- Begin with small bets
Betting and mastering Chinese sportsbooks usually take some time, and punters need to understand the tutorials and strategies. It is advisable to begin minor Asian sports betting, so you don’t waste your money while learning.
- Niche down
Start with betting on your favorite team, especially if you are betting on a big game. Instead of trying to bet on everything in the betting market and ending up with nothing, a little focus will help.
- Make Moneyline wager
This wager only requires you to choose the winning team for you to win the bet. It requires a different amount from the spread wager. This tip is also helpful when playing at international betting sites.
- Do not bet on dangerous sports
- The best method on how to win at sports betting is to handle it as you would a business, studying it intensely.
Chinese Betting Sites Pros and Cons
- Fun and exciting experience
- Varieties of sports and game options for Chinese betting
- Comfort and convenience
- Guaranteed privacy and security
- Offers a wide range of prices that covers all budgets
- Bonuses and rewards
- The comfort and convenience can lead to addiction
- Delayed cashout times
- Mobile betting exposes players to fraudsters and fake sites
- The problem of state regulations
- No personal interaction among players
The Future of Online Betting in China
Currently, online betting is seen as a crime in China, and the activities of Asian sorts bookmakers have been stifled by strict government policies. While the betting community in many countries is growing larger and starting to include live streaming betting sites, the story is different in China due to the long-standing ban placed on gambling. Whether or not this ban will be lifted soon is hard to tell because it has existed for a long time.
Since 1980 when it was last implemented, it has not been lifted, and the government has shown no sign of doing that soon. Although new Chinese betting sites are being established, the policy leaves an uncertain future for Chinese online betting.
FAQ about Chinese betting sites
Many sports are popular in China, including: soccer, volleyball, rugby, basketball, etc. Martial arts and Wushu are also common in China.
Yes, betting online in China is possible, but there are limitations due to the regulations against gambling online made by the government.
Chinese bettors, like any other players, receive bonuses, provided it is part of what the site offers.
Most Chinese bookmakers make provision for customer support in Chinese. However, some do not, and you have to learn basic English.
No, online betting in China is Illegal. The authorities actively seek out and prosecute offenders but it is a near-impossible task to get a handle on the massive sports gambling population. Offenders are threatened with jail time but most punters who are caught illegally gambling are only given fines.
Yes, if you win too much money too often, some betting sites in China can ban you.
Our verdict on Chinese Online Sportsbooks
In present-day China, betting sites and online betting are considered illegal. The only legal games are available are the lotteries owned by the states. However, citizens and residents can still access online betting, but they risk getting caught and punished. They can also visit Hong Kong and HKN bookmakers and betting sites and Macau, where these rules do not apply.