Most Popular Bookies in Bangladesh

Bangladesh is a South Asian country located east of India, known for its numerous waterways and lush greenery. The last national census recorded the country's population being more than 164.7 million. About 104 million people are of legal gambling age, representing decent prospects for online Bangladesh betting sites. However, approximately 90% of the population is Muslim, making it the second-largest Islamic nation in the world.

The Islamic religion prohibits all forms of gambling, which explains why the ratio of punters to the population in the country is relatively low. However, the low percentage in a highly populous country represents a huge number of punters, enough to attract the interest of many sports betting providers.

Most Popular Bookies in Bangladesh
Everything you need to know about betting in Bangladesh

Everything you need to know about betting in Bangladesh

Bangladesh has no online sports betting websites because of the country's limiting laws. However, numerous offshore sports betting sites allow Bangladeshis to join and wager on their favorite sports. Bangladeshi punters must consider several factors when choosing suitable betting platforms to enjoy the best betting experiences.

One of the top factors punters should consider when choosing a sports betting site is security. Any bookie must have top security and privacy features that ensure unauthorized persons cannot intercept the punters' personal and financial activities. Other essential considerations include available payment options, quality of customer support services, sports betting markets offered, and user-friendliness of the platform.

Everything you need to know about betting in Bangladesh
Bangladeshi Player's Favorite Sports to bet on

Bangladeshi Player's Favorite Sports to bet on

Sporting events are one of Bangladesh's most popular forms of entertainment and an integral part of Bangladeshi culture. The people enjoy nearly all major types of sports and a few others synonymous with the country. However, a few sporting events have proven to be much more popular than others among Bangladeshis.

As a result, the popular games are those that feature in most sports bets placed by Bangladeshi punters. Some of them are highlighted below.

Cricket

Statistically, cricket is the most popular sport in Bangladesh. The game is played between two teams, each having eleven players. It is a bat-and-ball game in which one team starts as the fielding team and the other is the batting team, after which the teams change their roles. The scores are counted as runs, where one run counts when two batters swap ends of the pitch. The team with the most runs wins the match.

Another reason for the popularity of cricket among punters is the numerous betting markets it offers. Some popular cricket betting markets include match winner, top bowler, top batsman, toss winner, series winner, and player of the match.

Football

Football is Bangladesh's second most popular sport and the world's most popular sport. It is a team ball game where each team tries to outscore the opponents to win a match. Football's global popularity has resulted in the game's tournaments and matches having the most betting types and markets on most online bookmakers.

Some international online bookies offer over a hundred betting markets for one football match. Finding international betting sites that offer football betting markets is relatively easy, even for regulated games and tournaments that are not so popular.

Best Odds for Bangladeshi Players

Ideally, sports betting online providers offer different odds, even for similar matches. Punters are thus responsible for finding the best online bookmakers that provide them with high-value odds. Something to note is that the odds for a particular match may change with time before the match is played, especially if significant changes regarding the teams or players are made.

Bangladeshi Player's Favorite Sports to bet on
Sports betting Payment Methods in Bangladesh

Sports betting Payment Methods in Bangladesh

Credit Cards

Most Bangladeshi bettors use credit cards to make payments to online sports betting sites. This is attributed to the fact that most bookies accepting bettors in the country accept card payments. Depositing funds to a sports betting account using credit cards is also fast and easy, making it suitable for punters who prefer betting on live games.

E-Wallets

E-wallets also enjoy massive appeal among Bangladeshi punters. Many e-wallet providers accept Bangladeshi punters and are acceptable by most international betting sites. E-wallets are popular in the country because they are safe and easy to use.

All deposit transactions are usually processed in real time. Another attraction to e-wallets is they also double up as a withdrawal option on most online Bangladesh betting sites. However, it is essential to note that withdrawal processing may take time, usually three to five business days.

Cryptocurrencies

Cryptocurrencies like Bitcoin are gradually becoming the go-to payment option for most punters, especially those interested in keeping their information private. That is because crypto payments offer the highest levels of privacy and security without requiring users to provide their personal or banking information.

However, the downside to this payment method is that the payment process is quite complex, and correcting errors made during the payment process is complex.

Sports betting Payment Methods in Bangladesh
History of Betting in Bangladesh

History of Betting in Bangladesh

Bangladesh has a relatively short history of sports betting. That is because of the long-standing rules and regulations that outlawed gambling in the country. The ban on gambling was introduced in the 1860s. However, the ban was only to make everything official, as the Islamic religion had already made all forms of gambling unpopular.

Before the ban, there were several forms of unregulated gambling, especially among non-Muslims. However, there were no commercialized gambling houses built. As a result, most of the betting was done within the event's location. More than 90% of all bets at the time were on horse racing competitions.

History of Betting in Bangladesh
Betting Nowadays in Bangladesh

Betting Nowadays in Bangladesh

The number of Bangladeshi punters wagering on sports has increased significantly over the last two decades, despite the state of gambling prohibitions remaining unchanged. To a large extent, this shift was made possible by the introduction of online sports betting, which allows Bangladeshi punters to wager on their favorite sports on offshore online sports bookies.

The laws are still very unclear regarding sports betting on offshore betting platforms, allowing punters to gamble without the fear of getting in trouble with the law. There are also several technologies that punters can use to bet privately or anonymously, such as using VPNs, which gives punters an additional sense of security and encourages them to bet more.

International sports betting operators have also invested much in marketing campaigns to attract Bangladeshi punters to their platforms. Their marketing strategies seem to be effective as the number of punters from the country increases with each passing day.

In addition, technological advances, improved education, and exposure to other regions have contributed to some Bangladeshi residents losing their religious values, meaning that more people do not restrict themselves from betting for religious reasons.

Betting Nowadays in Bangladesh
Future of Betting in Bangladesh

Future of Betting in Bangladesh

The opinions of most gambling experts indicate that the legal status of gambling in Bangladesh is unlikely to change any time soon. That is because of the strong influence of the Muslim religion and the government's interest in protecting its citizens from gambling harm.

The only legal form of gambling, betting on horse races, will likely remain legal but with enhanced requirements and regulations. For example, legislators might introduce taxes for wins on sports bets.

Despite all that, the number of punters betting on sports will most likely increase. That is because access to betting platforms is becoming increasingly more accessible. In addition, most Bangladeshis are also into sports, which plays a role in influencing them to bet when opportunities arise.

Future of Betting in Bangladesh
Penalties on ‘Illegal’ Sports Betting

Penalties on ‘Illegal’ Sports Betting

The Public Gambling Act of 1867 has a section that defines all the penalties for providing sports betting services against the law or taking part in illegal betting activities. According to the law, any sports betting provider operating illegally, punters participating in illegal betting online, and any related persons can be imprisoned or fined on conviction before a magistrate.

The terms for fines and imprisonment sentences are also defined in the section. In addition, there are also defined penalties for giving wrong information and for subsequent offenses.

Offshore Betting Sites

There are no clear laws prohibiting players from working with online bookmakers outside the country. That means punters can bet on their favorite sports using offshore sites without fear of prosecution. Additionally, punters can use numerous tools and tricks to place bets on offshore betting sites without exposing their betting activities to the government. Such include the use of VPNs and anonymous payment methods.

Taxation

Sports betting is illegal in Bangladesh. As such, there are no provisions for taxation in the constitution. In addition, winnings on horse racing bets are also not taxed.

Penalties on ‘Illegal’ Sports Betting
FAQs

FAQs

Most sports bettors in Bangladesh are often sure about most things surrounding gambling, most of which revolve around how to bet in/from Bangladesh. That said, here are three frequently asked questions about betting in the country.

Is betting on sports legal in Bangladesh?

Sports betting is illegal in Bangladesh. The Public Gaming Act prohibits the provision of sports betting services, meaning punters cannot access local sports betting platforms as they do not exist. The only exception to the laws is for horse racing. Bangladeshi punters can bet on horse races but under strict regulations.

Can Bangladeshi punters get bonus offers from offshore betting sites?

Bangladeshi punters can enjoy bonuses from sports betting sites, provided the sites accept players from the country. The bonus offers and wagering requirements vary from one betting site to another. It is also essential to note that some betting sites require punters to activate their bonus offers to use them.

How can Bangladeshi punters find the best sports betting sites?

Punters can find suitable sports betting sites by searching using a simple filter for betting sites that accept Bangladeshi players. However, that requires additional research to find relevant information, such as supported payment methods, the variety of sports betting markets, and bonus offers, necessary for choosing the most suitable from the available options.

An easier solution is using a reliable ranking site for sports betting sites to find the top recommendations and all relevant information in one place.

FAQs