Chinese Betting Sites

2021年5月28日
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Two forms of gambling are officially legal in China while all other forms are prohibited. The national Welfare Lottery and Sports Lottery are both administered by the government and act as the sole form of sanctioned betting in the country. Together, the two state lotteries bring in north of $US40 billion per year (¥245 billion).
*Online Sports Betting China
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Betting websites and esports have a long history of conflicts. From professionals intentionally throwing games in tournaments by betting against themselves to players claiming they were offered large sums of money to fix games, we have seen it all. This time, League of Legends pro Kim “Olleh” Joo-sung has spoken up about illegal Chinese betting websites that have become. Finding the best betting site is crucial to not only having the best experience but giving yourself the best chance at making the big bucks! When it comes to online betting, we need to concern more about the evaluation, then if you find a list of the best sites to bet football that are trustworthy, safe, and secure.
Finding the best betting site is crucial to not only having the best experience but giving yourself the best chance at making the big bucks! When it comes to online betting, we need to concern more about the evaluation, then if you find a list of the best sites to bet football that are trustworthy, safe, and secure. Betting in Macau Macau is an autonomous region on the south coast of China and was a Portuguese colony until 1999. Betting has been popular in Macau since the 1850s and has come to rival Monte Carlo and Las Vegas as a global betting capital. Today, it is the only part of China where betting is legal.
As impressive a number as that may be, the underground gambling industry does much better. Multiple sources have estimated that the illegal gambling market in China is at least 10 times larger than the national lottery. It’s obvious there’s a bit of a discrepancy between what the country’s gambling laws proclaim and what the people actually do.Best Chinese Betting SitesBetting SiteRating
This isn’t surprising for any of us living in China. Gambling is everywhere. The state lottery has outlets all over the place while people routinely host social games at home. Criminal groups operate full-fledged underground casinos and clandestine Chinese betting sites. It doesn’t require much of an effort to find some sort of game in your neighborhood.
Offshore online casinos are doing big business in China as well. The Chinese government has had a tough time regulating these because they operate out of countries such as the UK and the Philippines where internet wagering is 100% legal and regulated. Chinese authorities have no method to shut these sites down other than using the Great Firewall internet censorship program in an attempt to block access to gaming websites.
Out of all the forms of gambling available in China, I would have to say foreign gaming sites offer the best value and greatest degree of safety. The Chinese lottery has terrible odds and is subject to high taxation. Underground casinos are fraught with danger and a lack of regulation. Foreign websites, on the other hand, offer the great combination of safety, convenience and value.
China is an extremely valuable market for internet casinos. A population of 1.35 billion and a pro-gambling culture makes it almost a holy grail for wagering. Despite its strict anti-gambling laws, many betting websites are willing to take the legal risk. The market is just too good to pass up.
Instead of blocking access to us like the law would imply, these companies cater to us with Chinese language websites and deposit methods that work with the Chinese Yuan Renminbi. You can use your debit card, bank transfer or cash voucher to make deposits that are credited to your account instantly. And when you’re done gambling, a withdrawal can be used to send the money straight to your bank account.Is it Legal to Bet Online in China?
No. Chinese law prohibits all forms of gambling. Having said that, the risk of getting in trouble is low. Millions of Chinese citizens have been gambling online for years without any problems. In theory, the authorities could arrest you if they caught you placing bets over the internet. The risk is there, but it’s quite low.
Police forces in China tend to focus their efforts on breaking up underground gambling rings run by criminal groups inside China. Those are much juicier and easier-to-prosecute targets. If you’re just one person sitting at home placing bets on a gaming site based out of the Philippines, you have little to worry about.
Just remember it is technically illegal to participate in any form of unsanctioned gaming. You should decide for yourself if you feel the risk is worth it. If you do decide to proceed, it would be best to keep your mouth shut and avoid playing in public. Do your gambling at home on a private connection and keep your wins to yourself.Depositing with RMB / CNY
The Chinese Yuan Renminbi is accepted by nearly every major betting site in the world. Most sites also accept the Hong Kong dollar. The deposit methods accepted by these companies are designed to work with the most popular Chinese banking options. Local bank transfers, online e-wallets, Asia365, AsiaPay88 and many more are accepted.
Most deposit methods require you to have a bank account. I would recommend setting one up even if you’re not particularly fond of banks. It will make the entire process so much more convenient as you can send and receive money electronically without having to leave the house.The Great Firewall
China isn’t particularly interested in tracking down and prosecuting individual gamblers playing online from home. Instead, an internet censorship program is used to block access to known gaming websites. If you visit your favorite online casino and receive an error message, it probably got caught up in the Great Firewall.
There are a couple of things you can do to get around this. One is to run a search for the name of your website and look for one its alternate domains. China-friendly betting websites are aware of the situation and frequently set up new, temporary domains to help customers get around the block.
Another option is to use a VPN service to encrypt your internet traffic and get around any internet firewalls. VPNs are very easy to set up. All you need to do is sign up for an account, install the software and click the “connect” button. This will grant you full access to the entire internet.China Gambling Laws
The gambling laws of China very clearly outlaw all forms of unsanctioned betting. Authorities are constantly on the lookout for underground gambling dens. News stories abound of police raiding criminally-sponsored underground casinos
The prohibition of gambling makes no distinction between offline and online gambling. Anything other than the state lottery is illegal. The closest alternatives you have are visiting Hong Kong to bet on horses or heading to Macau to visit its lavish casinos and sportsbooks.
Online Sports Betting China
Hong Kong and Macau are the sole exceptions in China. Each of these is considered a “special administrative region” and is has some latitude in determining the laws within. China has taken no action against either region for legalizing gambling, although China does discourage citizens from brining more than a limited amount of money into Macau.
China is slowly coming to terms with the rise of internet gaming. Both state lotteries have internet presences and do allow limited forms of online and mobile wagering. These lottery services offer a very basic form of gambling but are immensely popular nonetheless.
The China Welfare Lottery has been selling tickets since 1987 and uses proceeds to fund social welfare programs such as assisting the homeless, responding to disasters and so on. Last year’s Welfare Lottery sold more than 1 trillion yuan worth of tickets.
The China Sports Lottery was introduced in 1989 and now acts as the closest approximation to legal sports betting in the country. The sports lottery previously only accepted wagers on football and basketball, but expanded its options in 2014 to include hockey, handball, table tennis, badminton, water polo and volleyball.
Since going live in 1989, the sports lottery has seen incredible growth numbers. During last the 2014 World Cup, the lottery set a new single day sales record of RMB 550 million. Casual gamblers should find the sports lottery adequate, but those serious about getting the most value should look to foreign sports betting sites which have significantly better odds, a much wider ranges of sports and a greater variety of bet types.
China currently has one of the harshest stances on gambling of any country in the world. The current situation makes gambling and online gamlbing illegal but that doesn’t stop residents.
All online gambling is supplied by overseas providers who use various different tricks and tactics to get around the Chinese government blocking them. The best betting site for Chinese customers is listed below:Best Chinese Betting Site:T&C’s apply, 18+, begambleaware.org.Key Facts: Online Gambling In Brazil
*State sponsored Welfare Lottery and Sports Lottery technically legal.
*All other forms of gambling illegal.
*Residents have faced punishments for gambling online, although not severe.
*Government attempt to block websites of all overseas providers.
*Operators constantly change URL or site so Chinese people can still access.Gambling Laws In China: Legal or Illegal?
In its current guise, the Chinese state was established in 1949 and as such the story of Chinese gambling legislation also essentially starts there. The following timeline details the major landmarks in legislation which have shaped the Chinese gambling industry in the ensuing seven decades:1949 – Blanket Ban
The People’s Republic of China was established under the leadership of Mao Zedong in 1949. Zedong considered gambling to be one of the greatest ills of a socialist society and imposed a blanket ban on all such activities.1957 – Re-Education Through Labour Program
It was in 1957 that the Chinese state’s ‘re-education through labour program’ which to this day is still used to punish some gambling offences was established. The sentencing under that program is undertaken by a special committee under police authority and success in appealing any sentence laid down is almost unheard of.1987 – China Welfare LotteryFootball Betting Sites
Following Mao Zedong’s death in 1976, some of his more restrictive policies began to be slowly relaxed.
This eventually led to the establishment of the China Welfare Lottery in 1987 as the first form of legalised gambling in the country.1994 – China Sports Lottery
Some seven years after the establishment of the Welfare Lottery, China’s Sports Lottery Administration Centre was set up.
This organisation offered the first legalised sports betting within China and to this day still operates as a state sponsored monopoly in that area.1997 – Article 303 of the Criminal Law of the People’s Republic of China
In 1997 there was a revision of the Criminal Law of the People’s Republic of China, which included Article 303 as follows;
Whoever, for the purpose of profit, gathers people to engage in gambling, runs a gambling house or makes gambling his profession shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or public surveillance and shall also be fined.
Go to vegas live. Whilst that article seems to place the focus solely upon professional gambling, Chinese authorities do still routinely pursue casual gamblers. Where this is less apparent – but still by no means untrue – is in the case of online gambling where providers are certainly more actively targeted than users.Tax On Winnings?Chinese Betting Sites Online
As we have described in detail above, the vast majority of gambling is illegal in China. As such, the only forms of gambling which could be subject to taxation are those offered by the two state sponsored lotteries.
When it does come to those lotteries, winnings worth less than RMB 10,000 are not subject to taxation, whereas winnings above that threshold are subject to a flat rate of 20% income tax.
Any winnings from offshore gambling sites are essentially tax free.Chinese Betting Sites OnlineDeposit Methods: What Works?
Online gambling is illegal in China and there are no Chinese based providers who are sanctioned by the Chinese government. Overseas providers, too, are routinely blocked by Chinese authorities and citizens using them can be punished through the country’s ‘re-education through labour program’.
Huge numbers of Chinese citizens, however, do still gamble online and a great many of the world’s biggest online providers do still cater for the Chinese market.
When it comes to depositing to these sites, therefore, Chinese punters tend to prefer methods which provide a kind of shield between the site and their bank account. Some e-wallet services, for instance, often make it more difficult to determine where money is being deposited or where any withdrawals have come from.Betting In China
However by far the easiest and most widely successful deposit is Unionpay.
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