Malaysia Online Betting Company
Football bettingis very popular in Malaysia. Come and experience the thrill of the game with the latest football betting odds. As one of the leading online betting sites in Malaysia, you'll never lack football odds in our platform. SUREWIN365 is an online betting platform in Malaysia that gain a high reputation and reliable for Malaysia Online Casino player. This is a site we always place our customer satisfaction in first priority and try our best in providing high-class service for our member. IBC000 Casino: The Leading Malaysia Online Betting Company IBC000 is one of Malaysia's trusted online betting companies. IBC000 is One Stop Online Betting Website having varieties of betting games like Live Online Casino, Online Sports Betting, Online Slots Poker Games, Horse/Hound racing Betting & 4D Lottery Betting. The Online Betting Games are famous & popular for Malaysia & Singapore Players.
Using our Recommended Bookmakers in Malaysia
Almost all betting sites will require you to verify your identity at some point if you want to open an account. To do this they’ll ask for scans of your photo ID and a copy of a utility bill in your name.
We don’t recommend betting online from Malaysia unless you have these available. For the photo ID your MyKad works fine but a passport is even better.
A 48-page ICAO e-passport valid for five years costs RM300 and is easy to obtain. For a utility bill either a cable bill, internet bill, water bill, power bill, phone bill or anything similar will suffice. With this out of the way, all you need now is a banking method.
How we Find Safe & Secure Bookmakers
All our recommended sites have been tried and tested by our team. We understand the importance of betting at secure, safe websites.
A great reputation is a must, as is proper licencing. Any time we recommend bookmaker you can be sure that your funds are secure.
You will also know that you are getting fair treatment and that our recommended betting sites will honour bonuses and payout on time.
Banking Options
There are loads of great banking options for Malaysians. One of the most popular money transfer services in the world is PayPal. This well-known site is also the first choice for many people who use sports betting sites.
During their research, our expert team found the sites with the best banking options. Most of our recommended sites allow deposits and withdrawals through PayPal. This makes it easy for you to execute fast, secure payments so you can get on with making bets.
Another popular choice for funding online betting in Malaysia is Skrill. Like PayPal, Skrill is an e-wallet and online payment service that many bookmakers accept. The company has been around since the early 00’s and has a great reputation.
Skrill allows punters to be anonymous, secure and conveniently move money across accounts with different bookmakers. This makes it well worth considering for Malaysian residents.
Neteller is another major player in the online payment industry. It is owned by Paysafe Group, which also owns Skrill, so it comes with the same guarantees on security and reputation. As with the other options listed above, most of our recommended bookmakers will accept payments in Neteller.
The amount of choice bookmakers provide for banking has grown a lot over the last few years. It is now easier than ever to make quick, secure and discreet payments and withdrawals. One of the most recent additions to betting website’s banking pages is Bitcoin.
Bitcoin is a cryptocurrency that increasingly, more and more online betting sites are willing to accept. Betting with Bitcoin provides an extra level of security, anonymity and depending on its, it can offer better value than regular currency.
Football Betting in Malaysia
Football is the most popular sport in the world and in Malaysia, online football betting goes hand in hand with watching games. Football betting sites in Malaysia are most commonly overseas sites that accept Malay players.
There are loads of benefits to online football betting in Malaysia. Firstly, it’s easy and convenient and you can make wagers on the biggest competitions from around the world. The best football betting sites in Malaysia cover all major tournaments and leagues, including the World Cup and the English Premier League.
You also get the luxury of time and information that make online football betting easier and more enjoyable. Traditionally going to a bookmaker was time-consuming and there was limited information available on what you were going to bet on. Now, football betting sites in Malaysia allow you to study stats and get the latest news on each team before making a bet.
Online Sports Betting Malaysia – The Laws
As highlighted above, football betting is very popular in Malaysia. The good news is there is no shortage of legitimate foreign betting sites that accept bets on football in Malaysian ringgit (MYR).
Before getting into the topic, let me quickly put your mind at ease regarding the laws. There’s a big push in Malaysia to change the law to allow legal betting on football.
The simple reason for this is that approximately RM 1 billion is wagered by Malaysians each and every day on football matches. Both brick-and-mortar and online casinos are also very popular with Malaysians.
In 2010, a company called Ascot Sports were rumoured to be the given the first licence for legal sports betting in Malaysia. Due to a backlash from some parts of the Malaysian public, this never materialised, however, there are large parts of society that would like new laws to be introduced.
The upsides are massive tax revenue, taking money out of the hands of organised crime and potentially reducing match-fixing scandals. However, at this time betting from Malaysia is still illegal, though the risk is small.
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We strongly suggest avoiding Asian bookies such as M88, 12Bet, sbobet, ibcbet, eastern dynasty and smartbet.
It’s a far safer option to use betting sites licensed in the European Union who have no physical presence or agents in Asia. Using European bookies from home (not an internet café) is a very safe option for Malaysians to wager on sports online.
Are Gambling Winnings Taxed in Malaysia?
No, gambling winnings are not taxed in Malaysia. None of the official state-sanctioned casinos or lotteries require winners to pay tax, however, the companies who operate them do. As online sports betting is not strictly legal in Malaysia, there is no way authorities can enforce people to pay it.
Understanding Decimal and Fractional Odds
The only small downside to using European bookies for online betting from Malaysia is the odds format is different. In Malaysia, betting sites use what’s referred to as Malay Odds.
At European betting sites the odds are called European odds, or decimal odds. Many UK bookmakers also provide their customers with fractional odds.
Decimal odds represent how much you’ll be returned on a winning bet. So, for example:
Manchester United to win against Fulham – 1.30
Here if you stake $10 on Manchester United and they win, you win $3 (plus your original $10 stake). In Malay odds this would be 0.30.
Fractional odds are most commonly used in the UK and Ireland and it’s what you’ll see on the websites of betting sites from these countries. There is usually an option to change this in your account preferences, though.
Fractional odds show the potential win on the left and the stake on the right. For example:
Tottenham to win the Champions League – 20/1
Here if you stake $1 on Tottenham and they win, you win $20 (plus your original $1 stake). In Malay odds this would be -0.05.
This will take a little getting used to, but if you need help, you can use our SBO.net odds converter calculator. Access information on different types of odds and let us do the hard work for you.
Betting in Malaysia FAQs
The Malaysian Betting Act of 1953 doesn’t reference online gambling so at the moment, it’s not clear. However, Malaysians can safely and securely access many different online betting sites.
There is just one casino in Malaysia, Resorts World Genting. The resort is around an hour drive away from Kuala Lumpur and is popular with both Malaysians and tourists.
Yes. Many online sportsbooks accept Malaysian players. You can sign up when you visit the site and begin betting on your favourite sports.
Yes, if you use the correct sites. To protect yourself use sites that are fully licensed, have excellent security measures and good reputations with their customers.
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ECWON Online Live Casino & Sports Betting Company is renowned for its efficiency in transaction speed and customer satisfaction. Our Objective is provide the quality of online gambling experience to our client . Below are listof banking details provided in Malaysia & Singapore. ECWON is your smart choice of online live casino & sports betting company.
| Banking Method | Min Limit | Max Limit | Processing Time |
| Deposit | |||
| ATM/CDM | MYR 30.00 | MYR 50,000.00 | 2 Minute |
| Online Transfer | MYR 30.00 | MYR 50,000.00 | 2 Minute |
| Local Bank Transfer | MYR 30.00 | MYR 50,000.00 | 2 Minute |
| Withdraw | |||
| Quick Withdraw | MYR 50.00 | MYR 49,999.99 | 3 Minutes |
| Local Bank Transfer | MYR 50,000.00 | MYR 500,000.00 | 5 Minutes |
Friendly reminder :
- All deposit and withdrawal processing time are subject to online banking availability.
- Withdrawal are only to be paid to individual bank account with the same REGISTERED name.
- Third party deposit will not be accepted.
- All members are allow to withdraw SIX times per day.
- All Maximum transaction amount are based on per transaction.
- Please be inform that large withdrawal amount might take longer processing time.
- We support other Local Banks as well so if you have any special request please speak to our Customer Service.
- All deposit has the right to do verification process to proof of payment.
- Please refer to Company's Terms and Condition for more details.
Fast and Easy Deposit!
Please contact our LIVE SUPPORT to get LOCAL BANK TRANSFER DETAILS Funds may be deposited into your betting account using the following methods:
- Local Bank Transfer
- Online Bank Transfer
- Payment Gateway
Simply visit your bank and request for a transfer of funds to our specified banking accounts. Funds will be deposited into your account once the request is verified and approved by your bank.
Procedures for customers registered in Malaysia,Singapore :
- Email us to ask for our bank transfer details (which account to transfer your funds to).
- Our Live Support officer will verify your details and provide you with the necessary bank transfer account details (such as your member login ID and email address given by our customer service officer) and you will have toinclude it in your transfer form.
- Funds will be deposited into your betting account once the request is verified and approved by your Bank.
Trusted Fast Withdrawal, instant payment
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Funds may be withdrawn from your Betting account using the following methods:
- Local Bank Transfer
Notes for withdrawal:
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- The payee name entered for withdrawal must be the same as the one registered account.
- Withdrawal can be made all the time.
- Customers may only withdraw in the method they have deposited.
- All deposits must be utilized fully to place bet before all balance in account may be withdrawn.
- Withdrawal to credit card account is not applicable.
- Withdrawal will be made in the preferred currency chosen when open your account
- Maximum payout for all progressive jackpot in all slot platform will be pay up to MYR500,000 only. Normal Jackpot winning over MYR50,000 will be payout 15% of total winnings. Normal Jackpot winning below MYR50,000 will beget full payout.
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For any enquiries, please contact customer service or use our Livechat service.