Taiwan online sports betting laws
The good news is that you can bet on sports online in Taiwan. That said, the only place where you can bet legally on sports online is the Taiwan Sports Lottery. Your only other option is to take the risk of playing with unlicensed offshore sportsbooks.
Taiwanese authorities have historically taken a very dim view of any gaming activity in the state and so virtually all forms of gambling are outlawed in Taiwan. As a result, the many people among the 24 million who live in Taiwan who would like a premier betting experience have been engaging with offshore, unlicensed sportsbooks. However, in recent years there have been moves by the government to crack down strongly on betting with these well-established but reputable names who are operating without a license when they offer odds to people in Taiwan.
As recently as 2019, the Taiwanese Ministry of Justice pushed for an amendment to the country’s criminal code that would explicitly make online gaming illegal, and punishable by a hefty fine. Such a move is indicative of the authorities’ hostility to the very idea of sports betting in Taiwan. One reason for that antipathy is the existence of the Taiwan State Lottery. This organization offers betting on a variety of sports and lottery products through numerous retail outlets across Taiwan. It also has an online arm where people in Taiwan can bet on major sports including soccer , basketball , baseball , football , tennis, motorsport and esports .
The availability of an online sports betting facility is offset slightly by the quality of the customer experience at the Taiwan State Lottery website. The odds on offer are definitely less generous than those at the international websites that are currently available to residents of Taiwan. Even though there is still no law specifically outlawing unlicensed online sports betting in Taiwan, there have been cases where operators – and even bettors – have been prosecuted.
If you do decide to go ahead, make sure you choose to play online with a reputable sportsbook that has a history of paying out fairly. It is also highly advisable to use a VPN (virtual private network) so that the betting activity cannot be traced directly to you. Similarly, make use of an e-wallet such as Skrill or Neteller to ensure your banking activity goes through a third party and not your personal bank.
The Taiwan State Lottery website, the only official destination for online sports betting in the country, uses decimal odds to display its prices. This is by far the most common odds format across the world and is used in Asia and most territories outside the UK and Ireland, which use fractional odds, and North America, where moneyline odds are more popular.
If you wish to place a bet on Barcelona to win LaLiga in Spain, you might be offered odds of 6.50. This means that, for every $10 you stake, you will win $65 if Barca finish on top of the table. The same bet, with the same return, would be presented as 11/2 in fractional odds and +550 on the moneyline. In those two formats, of course, the fact that you win your stake back as part of your return is not reflected in the numbers.
In Taiwan, baseball is extremely popular. It’s regarded as the national sport of Taiwan and its profile is bolstered by the regular action in the Taiwan baseball league, which is called the Chinese Professional Baseball League. Games from the matches involving the five organizations with teams in Taiwan are streamed across the nation and, indeed, the world. Several players from Taiwan have moved on to the Major Leagues in the United States . The Taiwan State Lottery’s betting platform has run special promotions around the exploits of some of these players, aware of their potential to boost betting interest in their matches.
Taiwan online gambling is illegal – with one significant exception. While all forms of gambling are outlawed in Taiwan, the centrally run Taiwan State Lottery does have an online betting platform for people based in the country. The odds are shorter than on unlicensed international sportsbooks offering markets to Taiwan, however.
The only online sports betting option for people in Taiwan is the Taiwan State Lottery website. All other forms of online gambling in Taiwan are strictly forbidden, but people are allowed to wager on local and international sports here. Unlicensed offshore sportsbooks can be accessed, but the government has made clear its hostility to the idea of Taiwanese people betting with them.
For the people of Taiwan, baseball has been the most popular sport to watch for many years. Action in the local leagues, and in the major leagues in North America, attracts plenty of attention. However, there are also many fans of soccer, basketball and badminton in Taiwan.