Bangladesh has one of the fastest-growing economies in the world, which contributes to the growth of the middle class. This group of the middle-class population has a passion for sports, and passion for income. And therefore, they have the desire to place sports bets. It’s not about winning or losing, it’s just about taking risks.
According to a survey, 40% of the population using the Internet, about half of the total population of the country, like to gamble. The gambling market in Bangladesh is worth more than $100 billion with a growth rate of 7%. With sports betting being so popular, here are the best sports betting sites in Bangladesh for 2023 and what to expect from online gambling.
Gambling in Bangladesh is illegal, be it sports betting or casino gambling. The government is very strict when it comes to gambling as high fines and imprisonment are involved. In addition, the Bangladesh Telecommunication Regulatory Commission (BTRC) has shut down a dozen online gambling sites related to sports in Bangladesh.
However, even though these sites were shut down, the relevant sources said that these sites are still being used in proxy servers in the country. As IT is improving, there are various ways of accessing sports betting sites in Bangladesh, such as using VPNs and finding mirror proxy sites. Bangladeshis are well-aware of this and many adults enjoy online bookmakers and casino sites.
Be that as it may, according to national research, the younger generation is quite addicted to online gambling. The situation in Bangladesh is heading towards a frightening situation. If action is not taken now, the future youth may go further astray. According to the CTTC unit, at least 250 people were arrested in one month only on sports gambling charges. But as there is no clear law in this regard, each of them has got bail. However, according to the law enacted in 18, if any house, place, or tent is used as a gambling hall, the accused can be sentenced to three months imprisonment or a fine of up to Rs 200, or both. Sports gambling can result in imprisonment for up to one month or a fine of Rs 100 or both.
Is Online Sports Betting Legal in Bangladesh?
Sports betting is illegal in Bangladesh, however, there are ways of accessing sports betting sites without being caught, which many people take advantage of in recent years.
There are numerous options spread over the internet for Bangladeshis to enter the world of sports betting. This versatility of the online gambling industry is one of the great reasons for the huge success of this area, as you can choose the sports betting site that best suits you, taking into account your taste and your bettor profile.
Selecting a bookmaker is not always an easy task, especially when we are talking about more inexperienced players who are looking to start their journey. However, there are some tips that could be essential in your choice.
As the internet is an increasingly exploited place for fraud and other crimes of this kind, it is extremely important that you take into account the platform you will choose in terms of its security and legality. Always choose a bookmaker that has the best security protocols and that is operating legally so you will be protected against different problems that may happen.
This has been a parameter that the different operators have been paying more and more attention to, and it’s a good thing they do.
Be sure to choose an online betting site in Bangladesh that has profitable odds and offers you a great selection of sports on which to bet. When we talk about odds, we are touching on the most evident point of a bettor’s success, since the best possible odds will indicate a greater profit, something that will be decisive in the long term.
Regarding the selection of sports, there are more and more markets available and with excellent betting opportunities, something that is vital for some bettors, who feel more comfortable in certain less recognized modalities.
One of the features that have become crucial when selecting a sports betting site in Bangladesh is the payment methods they offer to their users, and the more there are, the better. Many people are still suspicious of this industry, so the selection of e-wallets is quite important. Being able to carry out your transactions comfortably and quickly is, without a doubt, one of the most important parameters when choosing where to start betting.
It may not seem like it, but a site that has a nice layout with an intuitive platform can make all the difference, especially for more experienced players. Bettors in Bangladesh are looking for faster access to certain markets and software that is clearer when it comes to placing bets, something that can be crucial for a player’s success. So be sure to look for an online betting site that is easily navigable and doesn’t get too confusing when doing your event searches to start betting.
Although it is an extremely exciting world, it is necessary to take some care before going out there betting, after all, caution is never too much when financial transactions are involved (and laws as well). This is the fundamental tip for knowing how to register and place bets online in Bangladesh.
Although there are several ‘hack’ sites out there, all the sites listed above have been verified by our team and are 100% reliable, have an excellent reputation in the market, are easy to use, and even have very interesting bonus options when getting started. action, in addition to providing a great service for mobile online betting. Therefore, if the bookmaker is listed, you can enter your details without any problem.
The vast majority of betting sites in Bangladesh offers a welcome bonus. This is an amount directly related to your first deposit and which usually allows you to place your bet for free. As conditions vary, it is worth keeping an eye on the bonus amount and if there is any promotion related to a specific championship. If you use the online betting bonus wisely, you can double your initial investment right away, increasing your chances of profiting.
Once you’ve chosen which betting site in Bangladesh best fits your profile, it’s time to know how to register for it. As with most websites around the world, the idea is to create an account with a username and password – to facilitate deposits, withdrawals, etc… Rest assured that they will not ask for a multitude of personal data: it takes only a few minutes.
They are usually basic questions such as full name, date of birth, CPF, address, email, phone, username, and password. Here’s a warning – always fill in your details as accurately as possible (especially CPF), as sometimes bookmakers require document verification to avoid fraud. If something goes wrong, your account can be blocked and even deleted in the future.
It’s easy to register with online sportsbooks. Below, we will do a step-by-step guide on how to register with online sports betting sites in Bangladesh in a simple and fast way.
It is now possible to make your first deposit and start the action of placing bets online. Simply go to your newly created account, click on the banking link, choose your payment method of preference, and deposit as much money as you wish. Once the money is deposited, you can collect your welcome bonuses (sometimes it is possible to collect them without deposits) and place some sports bets.
Although the world of online betting is very accessible, it is worth mentioning some restrictions on how to register. The main one involves age: bookmakers only accept users over 18 years old – something normal anywhere in the world. The sports betting sites in Bangladesh also do not accept gamblers who have previously broken the rules – usually with multiple registrations and false data.
Bangladeshis love placing sports bets and this love spreads through many different sports. Among the most popular sports to place bets on in Bangladesh are:
Football betting is certainly the most popular among bettors in Bangladesh. The most popular sport in the world has the greatest coverage of championships and markets by bookmakers, which offer alternatives for all tastes. The World Cup, of course, is the most awaited event, but there is also the Champions League, the top five European leagues, and the final stretch of the European championships.
Another sport much sought after by fans when betting is basketball. The NBA playoffs and finals take place in the first half of the year and are excellent opportunities for those who want to earn money with the best players in the world. The Euroleague, the main European championship, and the NBB are also quite popular.
Darling for bettors, tennis is one of the sports that offer the most alternatives for those who want to do a little feat. With Wimbledon and the US Open still to play, the sport features major tournaments with extensive coverage from sportsbooks in Bangladesh. When grand slams aren't being played, there's no shortage of Masters, ATP Finals, and ITF Challenges for fans to enjoy. In addition, tennis betting has several promotions such as free bets, multiple bonuses, and early payouts.
Very popular in Bangladesh, volleyball is also very strong in European countries like Italy, Russia, and France. In the world of betting, it has markets similar to tennis and wide coverage of the main sportsbooks. The final results are more or less predictable, which makes volleyball very popular among Bangladeshi bettors.
The most popular sport in the United States, American football has the NFL as its major world league. During the season, the houses offer a huge variety of markets with each game, as well as various promotions such as multiple bonuses and early payouts. It is wrong, however, that the NFL betting market is restricted to the 6 months in which the teams are operating. During the vacation and pre-season, the draft and forecasts for the season, such as bets for the MVP, champion of each division, and the number of franchise wins, occupy an important place in the analysis of experts.
A market known for its high odds, motorsport has a vast number of modalities in the houses and they have different types of bets from other sports. In addition to the classic winner of the event, the bettor can choose to choose the champion driver and team of the season, who will make the fastest lap or who will finish ahead in a certain group of drivers.
A dynamic sport that, like motorsport, presents several opportunities to hit that giant price, MMA has become one of the main sports for the Bangladesh market. The UFC, of course, stands out as the main event of the modality and provides weekly opportunities for those who like to bet on the sport. A particularity of MMA is the advance in which the fight markets are opened, providing the bettor with a deeper analysis and monitoring of the variation of prices.
A fast-growing modality around the world, e-sports have also taken over the world of betting. Games like League of Legends, Counter-Strike, Rainbow Six, and FIFA are involved in world tournaments and with huge audiences. Bookmakers already offer full coverage of events and a high number of markets, as well as availability for live betting and long-term betting.
As stated, Bangladeshi players love placing sports bets on many different sports, therefore, it would be impossible to name all types of sports bets in the country. Instead, here are the best types of sports bets in terms of popularity:
The single bet is one of the top betting options for beginners in Bangladesh. In this case, you choose only one market to bet on. Its main advantage is that you do not need to have any prior knowledge or be an expert in online betting to get started.
It is among the best types of sports betting for beginners because it is very simple to perform. It is enough for the market you have chosen to happen for your bet to be considered a winner. That is, it does not depend on other bets you have made, as is the case with accumulator bets and systems, for example.
It is important to note that in this type of sports bet you can select different markets. However, it is essential that you choose only one market to be present on your betting slip.
Main features of single bets:
A pre-game bet is exactly what its name says. That is, it is performed before the game starts. This type of bet can be made in different sports. All you need to do is choose one or more markets before the event you intend to bet on starts.
This type of bet is among the best types of sports betting because it does not require the bettor to be following the sporting event in real-time. After all, it offers total flexibility for him to bet whenever he wants. However, the bet must be placed before the match starts. Otherwise, it will be considered a live bet. In order for you to win a pre-match bet, you need to get your sports guess right.
Main features of pre-match betting:
Live betting is the opposite of pre-game betting. That is, instead of choosing an event before it starts, in live mode the option takes place while the match is going on. This type of bet, as well as the pre-game, is usually available for several modalities.
However, some betting sites in Bangladesh do not offer extensive coverage of live events. Therefore, for this bet to be very well used, it is essential to choose a bookmaker that has good live streaming, as well as updated statistics of the teams or athletes that are playing. For this bet to be considered a winner, it is enough that the event you bet is a winner, if it is simple.
A bet on a sporting event at a Bangladeshi bookmaker’s office can either win or lose. Beginners and inexperienced bettors believe that the main income of a bookmaker consists of bets lost by players. This is not entirely true. In reality, bookmakers assume the role of intermediary between all market participants, and the cost of their services is pledged as a margin.
To understand what the bookmaker’s margin is, it is better to study the interpretation of the term in other areas. This concept was used in commerce, stock exchange, and banking practice. Market value is the difference between the actual value of a product and its price. This difference is the percentage that the bookmaker takes for himself. All odds provided on the bookmaker’s line include the calculated margin.
The coefficient itself in the mathematical sense is inversely proportional to the probability. Finally, the sum of the probabilities of the outcomes of a given sporting event is equal to 100%. In equiprobable outcomes, the opponents’ chances of winning are estimated to be 50-50. In theory, the indicator is 2 in each direction. But the bookmaker is obliged to introduce a commission (margin), from which the profit is formed.
Through this, the components in the equiprobable result will be below the logical 2, at the level of values1.8-1.9. Similarly, the margin is introduced for three-way events. The size of the margin at bookmakers varies between 2 and 7 percent. For major events, the bookmaker reduces the margin and increases it for lower league games, where the outcome is more difficult to predict.
It is easy to calculate the bookmaker percentage using the example of equally likely outcomes when the probability of winning is 50-50%. The win rate of each of the opponents must be 2.0. In this case, the bookmaker will be without profit, being charged a commission. The margin for equally likely outcomes is calculated using the formula: Bookmaker Profit (%) = (1 / outcome value 1 1 / outcome value 2 – 1) * 100. For example, a bookmaker offers a coefficient of 1.9 for an equal strength basketball game. It is easy to calculate that the bookmaker’s commission for this event will be 5.26% = (1 / 1.9 1 / 1.9 – 1) * 100). The higher the value, the lower the chances of an event with an equally likely outcome.
According to the “margin size” criterion, bookmakers are divided into two types:
Margin and probability size can be considered as one of the important criteria for choosing a betting company in Bangladesh, but it should not be decisive. Players looking to have fun in the game appreciate the wide range and schedule of bonuses on offer. Professional bettors look for low-margin dealers. At first glance, the difference between the coefficients of 0.05 is not significant, but in the long run, it will be decisive.
Sports betting in Bangladesh does not include just one type of bonus, there are several modalities such as the deposit bonus for beginners, other bonuses for frequent players, multiple bets bonuses, and much more.
If you want to know how to earn bonuses from bookmakers in Bangladesh, read on and find the best and most common bonuses and promotions in the country.
New users in Bangladesh will already know the famous initial deposit bonus – there are several bookmakers with sign-up bonuses, which encourage their users to be part of the site with opportunities to double the player’s deposit. For example, a bookmaker can offer a 100% return as soon as the user makes the deposit.
These welcome bonuses usually have specific terms and conditions. In the case of the example mentioned above, the user needs to make an initial deposit of up to, for example, 10,000 BDT and will earn an additional 10,000 for free (100% match).
However, in order to withdraw your welcome bonus, you will need to complete the rollover. This condition is nothing more than betting the amount you have won, which may need to be added to the amount deposited, in order for you to be eligible to withdraw the promotion.
Another famous bonus in some Bangladeshi bookmakers is the combo betting bonus – this type of sports betting bonus offers a system in which the player has to choose a minimum number of teams to bet on, enter the combo bet, and get the winnings if they satisfy the requirements.
For example, you will be able to select 25 or more options and earn an extra bonus of up to 25%. The value of the offer will depend on the number of selections chosen. The fewer options you choose, the lower the offer.
This is one of those betting promotions that are generally available to frequent players, unlike welcome bonuses. And, generally, it requires that terms and conditions are met, such as the player depositing or placing a bet before releasing the free bet to his account.
Free Bet – its idea is simply to allow the player to bet the amount they want without having to have their balance debited when deciding to bet. That is, let’s say you have a 2500 free bet among your bookmaker bonuses and you want to use it for a qualifying match.
This will ensure that when you place the 2500 BDT bet, your balance will remain intact, and you will be able to compete for the potential winnings that the bet has to offer for you. However, it is essential to note that, generally, the amount you win is credited to your account, but not the value of the free bet itself.
It is important to contact support if you experience any issues or face any queries related to this bet. If you have questions about other betting sites that also offer this type of bonus, please contact the support of the site itself to resolve your doubts.
Many Bangladeshi people are looking to know how to make money with free online betting and, for that, it is important to know as many offers as possible. After all, promotions can be essential to ensure you maximize your chances of winning.
So you can’t ignore cashback. After all, this offer guarantees that the amount you bet will be returned to your account, in case it is lost at the end of your bet.
This betting bonus usually requires you to place a sports bet and not cash out your bet. In addition, your bet must be qualified considering the terms and conditions of the promotion. That is, respecting the minimum odds of the cashback bet.
Generally speaking, this promotion can also appear at Bangladeshi bookmakers with free bet bonuses that offer advantages for specific tournaments.
Bookmakers with welcome bonuses also usually offer advantages for those who want to bet on specific tournaments. And examples of competitions that bookmakers offer are the following: World Cup, Euro, Champions League, and Olympics, among others.
The main idea is to offer advantages to those who bet on this tournament. Whether maximized odds, winnings with free bets, or cashback, among other advantages, the idea is to remunerate players who decide to bet on tournaments that are well known in the world, or in their respective countries.
Betting insurance is nothing more than the possibility for you to ensure your bet amount. That is, if you make a mistake, the bookmaker will return the stake to your account. Of course, to win this promotion, you need to place a qualifying bet.
For example, a betting site in Bangladesh can offer a 100% bet insurance bonus. For this, the player must pay an additional cost, which will be calculated depending on the conditions of the bet chosen by the player. For example, if you bet 1000 BDT on events with odds of 1.80 and pay the extra 50, your bet is secure. Remember that the percentage value of the insurance increases as the player acquires it.
The main idea of the loyalty club promotion is to generate extra points for the players, allowing them to acquire exclusive advantages. For example, the VIP cashback will be released as the player acquires points in their sports betting. If you reach the VIP status level, the cashback will be fixed and you will be able to enjoy your sports betting even more. And the idea of the loyalty program is to make you earn points and advantages as you wager more real money on your favorite betting site in Bangladesh.
Sports betting sites in Bangladesh are all foreign ones, therefore it will often be necessary to exchange currency in order to place bets. To do so, you can choose specific payment methods that will do the job for you with ease and anonymity. On the other hand, some sports betting sites will accept Taka as a currency and in such cases, the conditions are much better.
We can classify payment methods into several categories, such as:
Since sports betting is illegal in Bangladesh, some payment methods are better suited than others, mainly due to high security and anonymity. Therefore, bank and credit card transfers should generally be avoided as they are linked to national banks through which the government can track your money flow. Much like these, mobile carrier transfers are quite similar – they operate on the national level and hence are not recommended as well.
What’s left is to trust electronic payments, such as e-wallets and cryptocurrencies as they are not linked to national laws, and deposits and withdrawals are much easier and safer.
✅ E-Wallets – E-wallets allow us to store or transfer our funds on the Internet with extreme security. This system guarantees our privacy when moving our funds, in addition to having a rigid bureaucracy that hardly allows anyone to access our account and move our money. Through the electronic wallets that we will advise, you can make both deposits and withdrawals to and from sports betting sites in Bangladesh, quickly and safely.
Advantages of e-wallets:
✅ Neteller – One of the biggest virtual wallets is Neteller, which jumped into the spotlight in 1999 and is one of the references for online gambling so far. Your Mastercard prepaid card is very affordable, with a unique value of 10 euros, being one of the cheapest on the market.
The main advantage of this wallet is related to its security, as it encrypts its customers’ data, safeguarding their data from identity theft. Another characteristic is the speed of this wallet, as a transfer from Neteller to a Bangladeshi bookmaker is done in a few minutes. Let’s imagine that we have accounts opened in several bookmakers – through Neteller, we are able to transfer funds from one bookmaker to another, thus taking advantage of the best odds on the market.
The main disadvantage is that for each withdrawal from our online account to our bank account, we are charged 7 euros (less than 700 takas), regardless of the amount withdrawn.
✅ Skrill – Initially known as Moneybooker, Skrill launched on the market in 2001, being headquartered in the United Kingdom. Skrill has a very comprehensive service, operating in more than 200 countries, having 35 million customers.
One of the great advantages of this virtual wallet is its security, this e-wallet is encrypted with SSL technology and high-security 256-bit encryption and is certified by Verisign. If there are suspicions of fraud or theft, the accounts are temporarily blocked, until the problems are resolved.
We can deposit/withdraw money safely and quickly to and from Bangladeshi bookmakers, and the processing time does not exceed 15 minutes.
✅ PayPal – PayPal is the most popular virtual wallet in the world, being created in 1998, however in Bangladesh, namely for bettors, it is not the most used one, being surpassed by the wallets mentioned above.
This electronic wallet has a department that only deals with the security of its customers, dealing only with issues related to fraud and problems in its customers’ transactions. A very positive point is due to the fact that there are almost no fees in transactions, only when there is a currency conversion there is a small fee. PayPal works mainly with the big bookmakers in the world. The main disadvantage is that there are numerous bookmakers in Bangladesh that do not work with Paypal, hence it is not widely used here.
✅ Ecopayz – Founded in 2000, Ecopayz is one of the most used virtual wallets in Bangladesh, as it allows you to quickly transfer funds from one bookmaker to another, and as explained above, anyone who works with several bookmakers needs to use an agile wallet, and in that case, Ecopayz is quite reliable. There are 5 types of users of the Ecopayz: silver, classic, gold, platinum, and VIP. That is, each category has different rates.
Once again, this wallet, like the ones mentioned above, stands out for its security, which is why it is also listed here in the highlighted wallets. All financial transactions are encrypted. The security protocols used are SSL and TLS. The main disadvantage is the fees, which vary by customer category.
✅ Cryptocurrencies – A cryptocurrency also allows us to buy things, pay for services and gamble online in Bangladesh. However, it is not physical or linked to any specific country or banking system. On the other hand, it resembles traditional currencies in terms of volatility. Thus, it is always necessary to pay attention to fluctuations in the value of your favorite cryptocurrency.
Cryptocurrencies can exist because of a technology called the blockchain. A familiar but simple way to explain what this is is to compare it with an accounting book, or ledger. However, this “book” is online, of course, and has copies on thousands of computers. Thus, it is not possible for a single entity to erase or change this system.
✅ Bitcoin Cash – BCH is an offshoot of the original Bitcoin. It was created in August 2017 to decongest (so to speak) bitcoin operations. Here the mining rules are not the same, everything is done with the aim of increasing the speed of transactions, but without reducing security.
✅ Ethereum – This is a platform on which it is possible to transact the ether cryptocurrency. It was created using the same technology used in bitcoin. Ethereum is among the oldest, most valued, and safest on the market.
✅ Litecoin – Software engineer Charlie Lee is the creator of this coin. His goal was never to debunk bitcoin. Making a comparison with the “real world”, the idea is that bitcoin remains “gold”, while Litecoin would be “silver”. Today, the main advantages of this “silver” are the speed at which it will reach your wallet (just over two minutes, against ten for bitcoin) and its worth.
What Is the Best Payment Option for Bangladeshi Players?
In short, the use of e-wallets is highly recommended, as with them, players can transfer money safely and quickly. Another positive aspect is the speed, because, as explained above, if we have accounts in several bookmakers and want to take advantage of the best odds on the market, we must have a fast money transfer account, as the funds are processed extremely quickly. Lastly, they keep your identity from the government.
All forms of gambling are illegal in Bangladesh, although there has been much consideration recently to change this situation as the country will greatly benefit from such regulations.
Opening an account at a safe and reliable gambling house will lead to a safe gambling experience. However, since gambling is illegal, there are a few more steps to take, such as using VPNs and e-wallets to become invisible to others.
There are many reputable sports betting sites in Bangladesh that offer safe and secure betting. However, one must pay extra attention to remaining incognito when gambling online.
Each bookmaker will have different deposit limits and you can check them out by visiting their official site and finding such information.
Since gambling is illegal in Bangladesh, it is recommended to keep your gambling activities secret from everyone, the government included. Therefore, no taxes should be paid.
Withdrawals are influenced by the speed of payment methods of choice. Since most Bangladeshi players use e-wallets, these will take no less than one hour, but sometimes a bit longer.
Every bettor will have their own preferences in terms of sports betting and finding a sports betting site that will fully follow such preferences will be the best site for that person.
There are dozens of sports to bet on in Bangladesh. The most popular ones are football, basketball, tennis, volleyball, cricket, martial arts, etc.
Without any surprise, football is the most popular sport in Bangladesh to bet on.
Betting odds are presented in decimal numbers and they suggest the chance of an event outcome. Odds are multiplied by the bet amount to create total winnings (2.5 x 1000 = 2500).
Not many sports betting sites in Bangladesh will offer free bets but it is still possible to find them, especially when you’re a regular bettor.
To claim such bonuses, it is necessary to create an account with the betting site. After that, the bookmaker will give a sign-up bonus as a reward. Sometimes it might be necessary to deposit some funds first.
As gambling is illegal in Bangladesh, it will be hard to find any popular institutions that will deal with treating gambling addiction amongst players. Instead, players should ask a local psychotherapist for help, as such treatments are always helpful, but also confidential.
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