CNY Bookmakers – China has more people gaming online now than ever before. Even though Neteller 1-Pay is no longer available for gambling transactions, there are still a lot of ways to deposit and withdraw money at online gaming sites that accept Chinese Renminbi (RMB). For example, www.188bet.com is the most popular gambling site in China. It has different kinds of baccarat, including games with live dealers, traditional casino games like slots, skill games like Mahjong, online poker, online bingo, and of course sports betting on European football and the Chinese Super League, Yi League, and Jia League. At 188bet, it’s easy to put money. Anyone with a Chinese debit card can use ASIA365 to deposit and withdraw money.

When people in China bet with European bookies like 888 or Ladbrokes, the odds are shown in European decimal format or sometimes UK fraction format. Malay-style, Indonesian-style, and Hong Kong-style odds are not allowed here. In case you don’t know, the benefits are the same, but the odds are written in different ways in different parts of the world. This is covered on the page with my chance calculator. Here’s a quick description of the Decimal, Fraction, and Hong Kong odds formats, though.

Odds in Europe with a Decimal – This is by far the most common way to show odds on the web. Decimal odds show how much a winning bet would pay back for every yaun bet. So, if the odds are 1.91 and you bet 200, and your bet wins, you’ll get back 200 stake * 1.91 odds = 382. The 382 return includes your original 200 stake, so your profit is 182. So, a bet of £200 with odds of 1.91 means you have to risk £200 to win £182.

UK Fraction Odds: This style for odds is used in legal betting shops in the UK, but it is also popular in India and South East Asia. Here, if the odds are written as 10/11, it means that for every 11 you risk, you win 10. So, if you bet 220 on 10/11 odds and win, you’ll get back your 220 bet plus 200 in gains, for a total of 420. I figured this out by dividing 10 by 11 to get 0.9091, then increasing my stake by 0.9091 (220*0.9091=200). Keep in mind that the UK odds show how much you’ll make, and you also get your bet back.

Hong Kong Odds: This way of showing odds is popular in Hong Kong and Macao, and it is also used sometimes in mainland China. Here, odds are always given as a positive number, and decimal points are generally used. If the odds were 0.7000, you would get 7 jio (0.70) for every 1 yuán (1) you bet, plus your original bet. If the odds are 3.40, you’ll get 3.4 back for every 1 you bet, plus your original bet.

People like to bet on football and other games through the China games Lottery, which is run by the government. In most places, you can bet on European football and American basketball. In this type of pool/lottery betting, the payment is based on how much other people have bet.

Singles on famous teams don’t usually pay back much more than the stake. But if you pick a good accumulator, your odds could be better.

Even though the Chinese Sports Lottery is famous, serious gamblers know that the odds are better on CNY Bookmakers. For example, if you bet 100 RMB on a football game with the Chinese Sports Lottery, you might get back about 9 RMB. If you made the same bet at a bookie outside of China or CNY Bookmakers, you could win more than 60RMB, which is almost 7 times as much as you would have won at a government-run shop.

Even though it is illegal to bet online with foreign CNY Bookmakers in China, the government only goes as far as blocking access to certain websites to police this law.

Most of the time, internet bookies are not banned, but if they are, you can get around it by buying a VPN. But it’s best to find approved betting sites/CNY Bookmakers first and save the link in case it changes in the future.

Once you have everything we’ve talked about below, you’re ready to bet online. All of the bookmakers in the table above can be used in Chinese, have accounts in CYN/RMB, accept payments from Chinese debit cards, and pay out using Chinese bank transfers.

Before you can bet on sports online in China you must do KYC Verification, and  you need the following:

A Bill for a Service in Your Name

If you use one of our recommended top betting sites that is based outside of the United States, they will at some point ask for proof of your home. It’s normal for them to ask you to email or upload a scan of your energy bill. Either a phone, power, internet, TV, or water bill can be used as a scan. Make sure at least one of these things is in your name.

A photo ID from the government

This can be either your visa or your Resident Identity Card (Jumin Shenfenzheng). Some of the betting sites that SBO.net recommends might ask you to email this to prove who you are.

Deposit Methods available

Most online sportsbooks accept payments from Chinese Unionpay debit cards and a wide range of other deposit methods. Industrial and Commercial Bank, Merchants Bank, Construction Bank, Shen Zhen Development, Citic Industrial, Industrial Co, Agricultural Development, Hua Xia, Everbright Bank, Guang Dong Development, MinSheng Banking, CPSRB, and Bank of China are some of the most well-known sponsored banks.

With a debit card from one of these banks, it’s easy to make a payment. But this card must have your name on it.

• A checking account – To get your money, you will need to ask for a bank transfer. This bank account must be in your own name and match the name on your power bill, photo ID, and debit card (if name is shown).

Is gambling banned in China?

No. Lotteries run by the government let people legally bet on sports and do other kinds of gaming. People in China like to bet on both the China Sports Lottery and the Welfare Lottery.

When a Chinese person signs up with a sportsbook, can they get a bonus on the money they put down?

Yes. Nearly all online betting sites, including ones where people from China can bet, offer deposit prizes. See what your favorite site has to offer by going there.

Can I use my phone in China to bet on sports?

Yes. Many players can’t live without mobile betting, and most sports betting sites now offer mobile betting on their sites or through apps.

What is China’s favorite sport to bet on?

As in many other Asian countries, football is a popular sport to bet on. In China, people like to bet on the English Premier League, the Chinese Jia League, and the Serie A.

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