Philippines Online Bettings is of increasing affluence as many Filipinos are more than ever spurred to make profits off their favourite sports and teams. In this article by Mightytips expert Evelyn Balyton, we take a look at some of the tips necessary for a Filipino punter to capitalise on online betting.
Online betting Philippines is a collective term used to refer to the conglomerate of sportsbooks and bookmakers that allow Filipinos to wager bets on sports and other social happenings. These sportsbooks are regulated and licensed by the Philippine Offshore Gaming Corporation and are generally referred to as POGOs (Philippine Offshore Gaming Operators).
They are referred to as offshore because they can only be accessed online by Filipinos. In other words, these sportsbooks usually have no physical presence in the country. Thus, bets, deposits and withdrawals are done online via the bookmakerís website without any need to visit a betting house. POGOs were created to give more options to Filipino punters due to the stringent requirements of PAGCOR.
The Philippines Amusement and Gaming Corporation Regulations (PAGCOR) regulates indigenous sportsbooks and bookmakers in the country. However, due to its tough requirements, only one bookmaker has managed to attain full registration. Additionally, indigenous bookmakers offer limited sports betting options in comparison to their POGO counterparts. The major difference between POGOs and PAGCOR sportsbooks is that the former is filled with international sportsbooks while the latter has only indigenous bookmakers.
Can I Trust Online Betting Philippines?
Because the online betting scene is dominated by foreign sportsbooks with no physical presence in the country, many Filipinos are sceptical about them. However, thereís no cause for alarm as these bookmakers are reputable companies with a huge presence in other countries and continents. Moreso, many of these sportsbooks are members of several gambling associations with a huge emphasis on customer security and integrity.
One of such gambling associations is the Curacao Gaming License which features prominent sportsbooks such as 1xBet. In addition to these vital features, Filipinos can also do a quick check on the status of the bookmaker in question by checking the POGO and PAGCOR lists of accredited sportsbooks operating in the country. In this way, you can be sure that your sportsbook is duly registered and licensed to operate in the country.
Other steps include reading reviews of your choice bookmakers or sportsbooks. The folks at Mightytips.ph constantly publish reviews of top bookmakers in the country, giving you access to unbiased ratings. A major advantage of such reviews is that you can compare the pros and cons of several bookmakers before selecting your preferred option. It also lets you know how reputable and customer friendly a sportsbook is in times of trouble.
Tips To Get The Best Of Online Betting Philippines
Now that weíve established what online betting Philippines are and their features, the next step is to provide details on how to successfully navigate them. Winning at online betting Philippines may be a daunting task, but itís by no means an impossible one. Some of the tips weíll explain below will help you win regularly.
- Be Gamble Aware: this means you should understand the market. There are lots of tempting odds out there, which makes punters prone to making wrong selections. Rather than place bets solely on odd sizes, try to understand the market as well as the terms governing the particular section.
- Employ Budgeting: as with everyday life, budgeting helps to ensure judicious use of your finances. When considering online betting Philippines, itís also important to have a budget. This will ensure accountability and also reduce your chances of chasing losses or running into negatives.
- Avoid Fixed Game Sellers: at some point in your online betting career, youíll come across fixed games or sure odds. These matches are usually touted as 100% certain and are available on the internet in exchange for a fee. However, match-fixing isnít only illegal but the touted odds are mostly phishing scams used to defraud unsuspecting punters.
- Use Prediction Websites: regardless of the sport or betting market you engage in, there are lots of online betting analysts and experts that provide predictions for free. Itíd be wise of you as a punter to research by reading the opinions of reputable online betting analysts and prediction websites. Mightytips.ph provides Filipino punters with analysis and predictions on several sports including football, basketball and cricket.
Philippines Online Bettings offers Filipino punters a gateway to earning rewards for their passion. In addition to being entertaining and relaxative, punters can win big amounts by wagering bets from their mobile phones or computers.
However, moderation is key as money is just as easily lost as itís won at Philippines Online Bettings. The key is being able to quit when the fun stops and only wagering what you can afford to lose.