The Best Crypto Betting Sites in Malaysia

In the following article, we review the best bookmakers where you can bet using cryptocurrency in Malaysia. Crypto is the newest form of currency that you can use to bank and gamble online with. Since the emergence of Bitcoin, the most well-known global brand, it’s become more and more popular and today there are over 25,000 cryptocurrencies available worldwide. Certain bookmakers and casinos in Malaysia will allow you to use crypto to deposit and withdraw at their sites. In the following text we are going to look over the best sportsbook sites that accept crypto in Malaysia as well as learn more about what cryptocurrencies are available to do this with. We also include our list of the best bookmakers, all with welcome bonuses that you can access when using your chosen cryptocurrency as a payment method.

Our experts have checked out a large range of bookmakers in the Malaysian region that accept Cryptocurrency. Below we have compiled a definite list of the top 5 that you can play in Malaysia.

With so many bookmakers to choose from, they all can offer you something different for you as a user. The handy list below gives you a rundown on the best sites in each category for sites that accept crypto in the Malaysian region.

Our team of experts will carefully evaluate each bookmaker according to a set list of parameters which we have listed below to give you a full understanding of our rating system. After we have checked all these metrics, we can confidently offer you only the best and safest sites for you to gamble at in Malaysia.

1. Range of cryptocurrencies that are accepted

Not all sites accept crypto as a payment method, but for the purposes of this review, we have only looked at those that do. From these the sites that rank best are open to the use of as many Cryptocurrencies as possible, the more the better. They should have low or no fees to deposit with these here.

2. Number of Sports, Markets, and Bet Types

For a website to make our list of favoured Bookmakers, it needs to cover a variety of Sports, particularly those favoured in the Malaysian area. Including Football, Basketball, and Boxing to name but a few. The site needs to provide good betting odds along with a variety of markets for those playing at the website suggested to make it the top of our list.

3. Bonuses & Promotions

Sports betting sites compete against each other to gain the most players, due to this there are many notable wagering incentives to attract users. These take form of various bonuses and promotions. When betting online in Malaysia, as well as the above they tend to offer some VIP promotions and free bets to their faithful users. We will rate the websites with the best offers available the highest.

4. Security, Safety and Customer Support

Before we recommend a site, we look at a number of factors, such as site safety, security and the customer service available. We look in-depth at their certification and licensing, whilst doing a full background check.. This is to make sure that a high level of service is provided to the bettor, and to ensure that the site is fully legal. The customer service on offer is tested thoroughly and rated based on our results. We ensure we recommend the sites that go out of their way to provide a good service, making the experience enjoyable for the user.

5. Competitive Odds and Additional Features

When choosing a website, the main things to consider are the odds available to you in comparison to other sites. We make sure that the ones we recommend are the top sites for a number of reasons, which is to aid in getting the best odds out there. One factor that captures our attention is when the player is offered extras, like being able to cash out when you want, live streaming, in-play betting and a list of data, such as betting statistics, to aid their wagers. All will aid in a fun and pleasing betting experience.

6. Mobile & Sport Betting Apps

A notable number of bettors now use Sportsbooks on their tablets and mobile phones. Due to this we look into how well these websites work on smaller screens. You can then gamble on the go when using a mobile app or a website that is mobile-compatible. The sites with the best quality apps will come out on top in our reviews.

There is nowadays a huge range of Cryptocurrencies, many still in their infancy and not yet well enough established that they can be used at gambling sites. From those that can be used regularly, we have chosen some of the most common cryptocurrencies that you will find to use at numerous online sites in Malaysia.

• Bitcoin - Launched in 2009 this was the first decentralised cryptocurrency to go into circulation and is now the world’s largest and most well known. You will find the majority of bookmakers will accept Bitcoin.
• Ethereum - Ethereum is 2nd only to Bitcoin in terms of circulation and was launched in 2013. Abbreviated to ETH this form of Crypto is widely accepted.
• Tether (USDT) - Tether first went into use in 2014. The USDT indicates that this particular form of Crypto is pegged to the US dollar the aim of which is to avoid the volatile nature of other Cryptocurrencies.
• Litecoin - Launched in 2011 Litecoin was the second major cryptocurrency that was launched worldwide. It is heavily based on Bitcoin using a slightly modified codebase of theirs.
• Binance Coin - Founded in 2017 by Chinese businessman Changpeng Zhao, this has grown rapidly and is accepted by many online bookies already.
• Dogecoin - This was actually started as a joke in 2013 using the doge meme as it’s logo. Seen as a fun and friendly Cryptocurrency, it has managed to find a place in the market and investors and you will some bookmakers will accept this as a payment method.

Below we list the main popular sports for betting on with Crypto:

Soccer - Globally Soccer is the most popular sport, it provides a lot of opportunity to place wagers due to the variety of Competitions and Leagues the sport involves. Crypto sport gambling websites offer considerable coverage of Soccer matches, incorporating major events like the English Premier League.

American Football - This sport is huge in America and there is an array of sporting events linked to it, like the NFL. Some of the options for betting on such events you will find at Crypto Sportsbooks, they include prop bets, futures, point spreads and money lines.

Baseball - Baseball is very popular in the United States. One of the main leagues for this sport is Major League Baseball (MLB), there is the regular Season and obviously the World Series.

Basketball - This sport attracts substantial betting action, due to the NBA (National Basketball Association) and International Basketball Leagues. Gambling on Basketball is available on many Crypto sports betting sites.

Horse Racing - This sport and betting have gone hand in hand for Centuries, and Crypto betting for horse racing has boosted it to a completely new level. Crypto betting can be used on the most well-known horse racing events, such as the Grand National. Some offer virtual Crypto horse racing for players who do not want to wait for the next live races.

Ice Hockey - The biggest events include the Stanley Cup Finals and the Olympic Finals. It is not just a sport for colder climates as it now has followers worldwide.

Tennis - Tennis is followed globally and has matches and tournaments all year round. Major Tennis events are covered by Crypto Sportsbooks, like Grand Slam Tournaments.

Golf - This sport has gained a lot of following from sports gamblers. It features many variables to keep it exciting. Events like the PGA Tour are covered.

Contact Sports (MMA & Boxing) - This sport has a well-established and loyal following and a good betting audience. It has high-profile events and tends to attract substantial betting volumes at Crypto Sportsbooks.

Cricket - Crypto Cricket has a large fan base in many Countries. Crypto Sports betting websites tend to provide gambling markets for various Tournaments and Leagues.

You can also bet on other special events such as Politics, reality TV shows, the Eurovision Song Contest and entertainment awards such as the Oscars and Baftas.

You will find plenty of bonuses to use online at bookmakers across Malaysia. Using Bitcoin or another form of Cryptocurrency shouldn’t affect this, although there are sites that will exclude you from bonuses when using this payment method. Always check the terms and conditions of the bonus to avoid disappointment. Below are the main bonuses you can access when betting online using cryptocurrency.

1. Welcome Bonus

Almost all betting sites nowadays offer a sign-up bonus. These usually take the form of a matched deposit cash boost. These generally start at 100% of your first cash input and can be as high as over 400% depending on how generous the sportsbook is! This boosts your initial bankroll but does often have wagering requirements attached so you need to study terms and conditions carefully.

A 200% bonus would boost your balance to 1,500 MYR from a first deposit of 500 MYR.

2. Free Bets

A Free bet is a scheme offered by many websites that allows you a bet up to a certain limit for both new and existing customers. These will have terms attached in terms of the value of the bet, the odds you must wager this at, and at times it may only be acquired by completing certain requirements. Stakes on free bets are not returned.

3. No Deposit Bets

These are a rare form of bonus where you don’t need to send the bookmaker any money to access the bonus. They can be given to both existing account holders and new users. These are common to find at casinos as a sign-up bonus than sportsbooks, but you can still find the odd bookmaker that will offer them. It represents a large risk for the bookies so high wagering requirements or minimum withdrawals will often be enforced alongside these kind of promotions.

4. Cashback Offer

Cashback can be offered by websites with the aim of keeping you playing at the site. Cashback is usually a low percentage around the 5% mark and offered on a weekly or monthly basis on your losses.

5. Reload Bonus

These are similar to welcome bonuses, giving you a matched deposit when you top up funds. They will be set at a lower rate than the welcome bonus and generally range from 25 to 75%. Some sites will cap these and some will offer them regularly. Wagering requirements are usually included.

6. VIP / Loyalty Program

The best bookmakers want to look after their account holders and the best way to do this is to include a VIP or loyalty program that offers users rewards the more time and money they spend at the site. This can take many forms including free bets, free spins, cashback increases or no deposit bonuses.

7. Odds Boost

Odds Boosts increase the odds on a sportsbook's chosen events. These can mean that potential profits are greater at a particular site. They can be offered as an incentive to new players for a large sporting event or as regular promotions on the website in horse racing or football bets.

The majority of people nowadays like the freedom that betting on the go affords them and will use their mobile phone to take advantage of this. Bookmakers recognize this and nowadays offer either a mobile-compatible site or a downloadable app for your convenience we have found the best ones in Malaysia for both platforms below.

Best iOS Mobile Crypto Apps in Malaysia

The top two apps we have found on iOS in Malaysia are noted below;

Best Android Mobile Crypto Apps in Malaysia

The top two apps we have found on Android in Malaysia are noted below;

• It is anonymous; you don’t need to provide personal details to your wallet.
• Crypto is not subject to inflation.
• Fast transactions.
• Secure and no chargebacks.
• Low transaction fees.

• Values can be volatile.
• Many Cryptos are still developing.
• Still has some associations with criminal use.

Considering Crypto is such a new phenomenon, it’s great that so many bookmakers accept this as a payment method already in Malaysia. There are many advantages to using this as a way to manage your gambling bankroll. For those who are already comfortable gambling and spending via a Crypto wallet then I hope this article has given you some ideas about where to play and spend your funds. If you are just starting out on a Crypto journey you should have taken away that there are both advantages and disadvantages to paying online with this method but you should have a good idea of how to begin doing it. As ever we urge you to gamble responsibly and within your own limits not risking money you can’t afford to lose. As long as you keep to this mantra you should be able to enjoy your online gambling experience.