As the popularity of Philippine online sports betting continues to grow in the country, more and more online sportsbooks are entering the market. With so many options, it can be difficult for bettors to determine which online bookmaker fits them.
TGM Research reports that more than 38.91% of the country’s population actively participates in sports betting. The surge in online betting sites has significantly contributed to this growth and the country’s permissive betting laws.
Without a doubt, these platforms provide greater convenience and flexibility for bettors, as well as a number of other benefits compared to traditional brick-and-mortar betting shops.
For bettors, however, a prerequisite is required when choosing a bookmaker to play with. OkBet will be exploring those factors to help you make an informative decision.
The main factor when choosing a Philippine online sportsbook is that they first must have a license to operate.
The gaming license is proof that the platform is allowed to provide betting services, not to mention that the operator is transparent, safe, and fair.
Gambling is 100% legal in the Philippines, with government authorities regulating the industry. The Philippine Amusement and Gaming Corporation (PAGCOR) is the one responsible for licensing sports betting sites in the country.
This means that all betting sites operating within the Philippines must be licensed and regulated by PAGCOR to ensure compliance with applicable laws and regulations.
The government entity releases a list of accredited gaming operators, both offshore and inland. In the Philippines, there are only 27 authorized inland casinos or PIGOs (Philippine Inland Gaming Operators).
Those not included in the list are not regulated by PAGCOR and should not be patronized.
Safe and Secured
Online casinos are vulnerable to cyber attacks, and Philippine sportsbooks are not an exemption. Hence, it is important to consider an online bookmaker’s security measures.
When registering to any platform, users have to enter their personal information, including their financial data. Suppose the online sportsbook is not adept with its firewall. In that case, this sensitive information may end up in the hands of identity thieves and hackers, putting the registrant in danger of identity theft and other cyber attacks.
Players have to be aware of how the operator protects its customers from cyber threats prior to signing and investing money in the platform.
Knowing the online sportsbook’s Secure Socket Layer (SSL) encryption certificate is a must. The SSL helps websites in creating a secure connection. It also encrypts the data shared so it cannot be hacked.
Moreover, checking the payment methods is also important. In the Philippines, secured modes of payment like Gcash, DragonPay, InstaPay, and trusted banks are the people’s choice when transacting online.
Because there are hundreds, if not thousands, of online betting sites in the Philippine market, it is safe to assume that not all of them, including sportsbooks, have a reputation to maintain. Thus, conducting a background check of the website or platform is needed before considering signing up.
A way to check the site’s reputation is through online customer reviews. Some share their experience at sites like HLTV, Reddit, Twitch, TrustPilot, and AskGamblers. These websites are unbiased and can help you gauge whether the betting platform is trustworthy.
Also, it is better to see if the Philippine online sportsbook has been in the industry for quite some time. This ensures that operators operating for a long time usually have proven records of a safe and secure gambling experience.
Services and Markets
There are three reasons why bettors patronize a certain bookmaker or online casino.
The first reason is the range of their offered services. The best bookmakers, like OkBet, cover a range of sports and their respective leagues. In that essence, there are plenty of options for gamblers to choose from.
Secondly, excellent bookmakers will cater to major leagues of sports. These include UEFA Champions League, ICC Cricket World Cup, NBA, NFL, ATP Tennis, and more.
Lastly, a good sportsbook must have various betting markets and competitive odds. The more options available, the better.
Bonuses and Promotions Offered
Bettors are attracted to an online sportsbook if they have unique bonuses and promotions. The most common are:
- Welcome bonuses
- Deposit bonuses
- No deposit bonuses
- Recharge bonuses
- Free credits
Some of the best online casinos on the internet allow multiple promotions per bet to ensure players have an enjoyable and profitable gambling experience.
While online bookmakers have the previous factors, it will be useless if they have terrible customer service. Which is why a good sports betting site must have excellent customer service representatives who can quickly assist users with their every concern.
Anyone should easily reach the platform, whether it be via e-mail, chat, call, text, or social media.
Your choice of Philippine online sportsbook must check the above-mentioned criteria because it will determine your betting success rate. Remember that as a bettor, you only deserve the best.
Great sportsbooks and online casinos can provide you with the best gambling experience. DO NOT SETTLE FOR LESS.