The Top Hong Kong Betting Sites in 2023 ✅
You’ve come to the correct place if you’re looking for the greatest Hong Kong betting sites. Our guide to betting online in the People’s Republic of China’s special administrative region includes everything from the Hong Kong Jockey Club’s betting monopoly to why many people choose international providers.
Read our guide to online betting in Hong Kong to find out: • How the HKJC’s sports betting monopoly works
• Why so many bettors prefer international operators
• If you have to pay taxes on profits in Hong Kong
Are you ready to place a bet in Hong Kong? Join one of our recommended betting sites to receive your welcome bonus.
Is it legal to bet online in Hong Kong? 🎯
The Hong Kong Jockey’s Club, a non-profit organisation with a government-granted monopoly on all gambling activities, is the only place where punters can wager online under current law. It is Hong Kong’s largest taxpayer, donating billions of HKD to the society each year.
It is now prohibited for any offshore companies to operate in Hong Kong and for players to gamble with them. Representatives of illegal betting firms face a maximum penalty of HK$5 million (£496,000) and up to 7 years in prison, while players who participate in illegal gambling face a maximum fine of HK$30,000 (£3,000) and up to 9 months in prison. Unsurprisingly, most – but not all – major bookmakers play it safe and refuse to accept players from Hong Kong.
Despite these stringent regulations, tens of thousands of Hongkongers continue to flock to offshore betting sites in pursuit of better odds, bigger markets, and more generous bonuses. The illegal betting market is estimated to be worth HK$12 billion (£1,190,399,264) per year, with offshore bookies playing a significant role in this amount. Clearly, the Hong Kong authorities have not been successful in preventing these sites from entering the market.
In Hong Kong, the HKJC regulates online gambling 🥇
The Hong Kong Jockey Club (HKJC) has a monopoly on internet betting in Hong Kong in addition to its land-based operations. You may buy lottery tickets and place bets on horse racing and football on their website.
The HKJC’s position was bolstered in 2002 when it became unlawful for international bookies to operate in Hong Kong and for citizens to place wagers with them.
Representatives of companies that provide betting services to Hong Kong residents could face seven years in prison and a HK$5 million punishment under this new rule. Locals who are caught utilising these websites face up to nine months in prison and a HK$30,000 fine.
Many overseas betting sites do not serve users in Hong Kong as a result of the strict new laws. The Home Affairs Bureau, on the other hand, stated in 2014 that it would not take any steps to ban access to overseas betting sites.
International bookmakers continue to tempt locals with excellent new member promos. Authorities are uninterested in punishing individual gamblers, preferring to pursue the ringleaders of underground casinos and gambling hubs.
Sports Betting in Hong Kong: A Brief History 🏆
For long years, horse racing tracks were the only authorised betting venues in Hong Kong. This began to alter in the 1970s, when off-track bookies were established in reaction to the quantity of illegal gambling that was occurring. These were operated by the Hong Kong Jockey’s Club (HKJC), an organisation that continues to handle all regulated betting activities in the country.
Although the HKJC began as a horse racing bookmaker, they have subsequently expanded their offerings to include football and basketball betting, as well as the hugely popular Mark Six lottery.
The HKJC is a non-profit organisation run entirely by volunteers that is the region’s largest taxpayer and private charitable contributor. The horse races are organised by the HKJC at two Hong Kong tracks: Happy Valley and Sha Tin. In addition, the organisation organises charitable activities, dinners, and social gatherings for its estimated 23,000 members.
This exclusivity has resulted in the establishment of various unlawful operations around Hong Kong. During the 2014 World Cup, police recovered approximately HK$350 million after investigating land-based businesses run by criminal gangs. Authorities continue to prioritise breaking up illicit gambling groups over taking action against overseas betting sites, which are ultimately far safer for locals.
Using Hong Kong to Access International Betting Sites 🌎
Although officials actively advise locals to place bets with the Hong Kong Jockey Club, this hasn’t stopped locals from betting online, as they continue to look for better odds, broader markets, and larger bonus offers elsewhere.
The main worries that Hong Kong residents have concerning international betting sites are whether or not there are any ISP restrictions, whether or not HKD deposits are accepted, and which payment methods are permitted. Let’s go over each of these concerns one by one.
There are no access restrictions.
It is strictly forbidden to gamble online in Hong Kong anywhere except than on the HKJC website. Authorities, on the other hand, have done little to prevent international bookies from entering the industry. Tens of thousands of Hong Kong sports fans choose to wager online with overseas bookmakers in defiance of these rules. Every website that accepts Hong Kong clients provides service in both English and Chinese.
Is HKD Acceptable?
One thing to keep in mind is that few of these sites accept Hong Kong Dollar cash, so you’ll need to convert it to Chinese yuan (CNY) or US dollars (USD). Often, the sites will accomplish this for you by collecting your deposit in HKD and converting it, leaving you subject to fluctuations in the currency rate.
Many Hong Kong banks and credit card providers will not accept transactions to foreign betting sites; however, some Visa and MasterCard transactions may be processed – especially if the card was issued by a corporation outside of Hong Kong.
If that fails, online wallets such as Skrill and NETELLER are viable solutions. You can deposit money into these wallets and then transfer it around the internet as you see fit. These wallets may also be available in currencies other than HKD, allowing you to reduce currency conversions if you use many foreign betting sites.
Selecting a Reliable Betting Site in Hong Kong 🔥
If you do decide to use an offshore bookmaker, keep in mind that there are some risks involved. Apart from breaching the law, any online sportsbook you visit will be unregulated and unlicensed by Hong Kong authorities. As a result, it is critical that you sign up with an operator who has a documented track record of security and dependability.
We make certain that every bookmaker we recommend has a remote operating licence from the UK Gambling Commission, which oversees the sector. Other organisations’ licences, such as The Malta Gaming Authority and The Gibraltar Regulatory Authority, are also solid indicators that a bookmaker will not take you for a ride and can be trusted. We also recommend reading bookmaker evaluations from different sources to get a sense of how a company treats its customers.
Remember These Hong Kong Betting Hints
- Using a bookmaker that accepts the Hong Kong Dollar (HKD), such as 1xBet and 22bet, will safeguard you against currency volatility.
- Always look for a sportsbook with competitive odds to ensure you’re getting the most bang for your buck. To achieve this, double the odds by the overround.
- Winnings in Hong Kong are not currently subject to income tax.
Hong Kong Players’ Banking Options 💰
Hong Kong residents can transfer money into and out of their betting accounts in a variety of ways. Credit cards are as prevalent here as they are anyplace else, with several bookmakers accepting VISA, MasterCard, and UnionPay.
E-wallets are also prevalent in this region of the world, with the most popular being Alipay, a mobile payment method, and MyCard Wallet, which allows users to make rapid, secure online payments. Other worldwide names possible include PayPal, Neteller, Skrill, and several cryptocurrencies. Of course, these payment methods and withdrawal times will vary depending on the website.
What Sports Are Available for Betting at Hong Kong Bookmakers? 🏅
Hong Kong sports betting online offers thousands of markets across hundreds of top sports, ranging from Asian handicap bets to outright winners. You can bet on any sport, from the most popular broadcast tournaments to the lesser-known ones. Different sites utilise various odds schemes, including Hong Kong odds, so you can shop around to see which one works best for you.
The following are some of the most popular sports available at the best Hong Kong sports betting sites:
- Basketball: Basketball markets are available at the majority of Hong Kong bookies. Of course, all NBA games are broadcast, but you’ll also find local contests like the Hong Kong A1 Division Championship (HKA1).
- Football: Football, often known as soccer, is one of the world’s most popular sports. All of Europe’s main leagues and competitions, including the English Premier League (EPL), Spanish La Liga, and UEFA Champions League, are covered by the leading Hong Kong sports betting sites. Local leagues such as the Hong Kong Premier League will also be available for betting.
- Boat Racing: Bet on the Hong Kong ‘Tuen Ng’ Dragon Boat Festival as well as international boat races.
- Horseracing: Place bets on all of the world’s greatest horse races. Markets on the Epsom Derby, Japan Cup, Melbourne Cup, and Kentucky Derby, among others, are available from Hong Kong bookies.
- E-Sports Tournaments: E-sports is a growing market at Hong Kong sports betting sites that allows you to stake real money on virtual gaming. Bet on e-sports such as Dota 2, CS:GO, League of Legends, and others.
When we analyse the finest online Hong Kong bookmakers, we look at the sports they provide. Check out our top-ranked sites at the top of the page if you want to play at the best sites offering markets on basketball, football, boat racing, and more.
How to Make a Real Money HK Online Bet 📢
Contrary to popular belief, it is really simple to join up for Hong Kong sports betting online – even if you are new to online betting. Here’s how to go about it:
- Create an Account: Join one of our top-recommended Hong Kong sports betting websites.
- Open a Real Money Account: Once you’ve signed up, you’ll need to provide some payment information in order to be able to place real-money bets.
- Deposit & Bet: In just a few clicks, you can place real money bets on football, basketball, and other sports!
Sounds simple enough, doesn’t it? Try it for yourself by clicking the banner below to visit our experts’ top-rated sports betting site:
Online HK Bets vs. Land-Based Bookies 📌
So, which is better: making a wager at a HKJC bookie or an internet sports betting site in Hong Kong?
There are numerous significant benefits to betting at our experts’ suggested Hong Kong sports betting sites. First and foremost, it is simple. You can place bets with a few clicks without having to physically contact a bookie or carry cash to either place wagers or collect your winnings. Betting online is quick, simple, and secure. And, if you ever need assistance with the rules, you can refer to our pro recommendations.
When you bet online, you’ll also have access to a variety of exclusive incentives. The majority of the leading Hong Kong sports betting sites welcome new players with a sizable sign-up bonus. This is frequently in the shape of a large deposit bonus. Additionally, there are ongoing promotions for loyal customers, ranging from additional deposit incentives to cashback discounts.
Many gamers consider online gambling to be dangerous. However, as long as you stick to well-reviewed trustworthy casinos that are registered overseas, you may be confident that your funds are secure. If you are still concerned about online anonymity, using e-wallets with a VPN will provide you additional privacy.
What factors we consider while determining which bookies are the finest in Hong Kong 📍
Our analysts examine thousands of online sports betting sites in Hong Kong – but how do we know which ones deserve to be at the top of the list?
Every time our experts examine a new website, they seek for the same features. We are able to rank any Hong Kong sports betting site using a thorough process that involves analysing the following criteria:
Safety and security
Nothing is more important than your safety. It is critical that you feel safe and comfortable when you join a sports betting site in Hong Kong. To achieve this, our analysts thoroughly investigate the history of each betting site. We’ll investigate the company’s financial history, see if they have a legal gambling licence, and gather player feedback. If we notice any red flags, we remove the site from our list.
A Wide Range of Sports
The greatest online betting companies in Hong Kong will provide you with a plethora of games on which to put bets. Football, basketball, and horse racing are among the most popular sports. You can also bet on activities such as motorboat racing and e-sports.
As an added benefit, we will provide bonus points to sites that allow you to live stream sports while placing in-play bets. It’s a more convenient way to wager, therefore it’s worth looking into the sites that allow it.
Online Payment Methods That Are Popular
There are numerous methods for depositing and withdrawing funds at Hong Kong online sports betting businesses. Some organisations only provide one or two options, but the finest online betting sites make it simple to deposit and withdraw funds. You can, for example, utilise bank transfers, credit and debit cards such as Visa and Mastercard, Amazon pre-paid vouchers, and e-Wallets such as Skrill, AliPay, WeChat Pay, and OlePay.
Hong Kong’s Best Odds and Bonuses
The odds are one of the most crucial features of a sports betting platform. Even slight differences in betting odds might make a large difference over time if you place regular bets. Our professionals seek out the best consistent odds and enticing bonuses to enhance your experience.
Excellent Customer Service
When betting online, you will occasionally want assistance from Hong Kong bookies. When that time comes, you want to know you’re in good – and friendly – hands. At each and every site we examine, our experts speak directly with customer service. If they are late to respond or unable to assist, we will penalise them severely.
Do you want to gamble on the most fascinating sports from across the world? Sign up now by clicking on the logo below!
Hong Kong Football Betting ⚽
Football is immensely popular all throughout the world, and Hong Kong is no exception. All of the greatest sports betting sites in Hong Kong will offer almost limitless betting opportunities on major leagues such as the English Premier League (EPL) and the UEFA Champions League.
In addition to the Hong Kong Jockey Club (HKJC) football betting odds available locally, our top recommended sites offer a broader range of markets and betting possibilities. Our featured bookies cover both local and international leagues, similar to HKJC live football betting.
Join the Best Sports Betting Sites in Hong Kong! 🎯
Hong Kong sports betting sites provide a terrific opportunity to put bets on all of the world’s largest tournaments.
From basketball to boat racing to e-sports, our experts’ top online sports betting sites in Hong Kong are simple to register and enjoyable to use. Furthermore, they provide you with the opportunity to earn substantial incentives, which means you may obtain better value here than from any HKJC bet either online or in person.
What are you waiting for? Our specialists have already chosen the top sports betting sites in Hong Kong, so what are you waiting for? Sign up right now!
Even with prohibitions in place, technical improvements make it easier to access online bookies from Hong Kong. Because many locals prefer to use international bookies ahead of the HKJC, policymakers face a new set of issues. Hong Kong’s online gambling restrictions are expected to be loosened in the future. However, considering that the Hong Kong government is dealing with much more serious matters, market regulation may be delayed for a long period. Fortunately, sports betting fans in Hong Kong still have lots of options.
Is it legal to gamble on sports in Hong Kong?
Under Hong Kong’s Gambling Ordinance, pari-mutuel and fixed odds betting on horse racing and football are permissible, but all bets must be placed through the Hong Kong Jockey Club (HKJC). Many locals, however, utilise Hong Kong betting sites sponsored by international bookmakers because they provide greater incentives and odds.
What are the most popular sports for betting in Hong Kong?
Horse racing is the most popular sport in Hong Kong, with approximately 700 races held each year at Sha Tin and Happy Valley. Hong Kongers like betting on football, particularly the competitive Hong Kong Premier League and premier European leagues such as the English Premier League and La Liga.
Can I place bets online in Hong Kong dollars?
Regrettably, just a few online betting companies accept Hong Kong dollars (HKD). If it isn’t a choice when you set up your account, we recommend going with Chinese yuan (CNY) or US currency (USD). You can still deposit in HKD, however your funds will be automatically converted.
Is it legal to gamble at bet365 in Hong Kong?
No, Hong Kong is one of dozens of sports betting sites on the banned nations list at bet365.
What does this signify for Hong Kong online betting?
In Hong Kong, it is unlawful for gambling companies to provide their services to players and for players to wager with these companies. Hundreds of thousands of Hongkongers, however, continue to gamble online through offshore betting sites.
Are there any betting sites that accept the Hong Kong Dollar?
Yes, some do, with 1xBet and 22bet being two instances.