Due to the high public interest in sports betting such as football betting, horse racing, and even the entire sports betting market, Hong Kong’s sports betting industry has developed into a full-fledged entertainment, customer-centric, top-notch experience.
There are many sports betting sites where you can bet on important events like the Premier League, Champions League, and World Cup, but also other sports. Still, you have to be careful when choosing a sports betting site in Hong Kong in 2023. We have carefully selected the top sports betting sites and launched a betting guide for players who like sports betting in HK.
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The Gambling Ordinance, which is based on the above policy, stipulates that all unapproved gambling activities are illegal except for authorized legal gambling. In addition, according to the Gaming Tax Ordinance, the Hong Kong Jockey Club and the Hong Kong Lotteries Authority are required to pay gaming tax on the proceeds of horse racing and Mark Six, respectively. In addition to gaming tax, the regulations also stipulate that 15% of the proceeds from Mark Six activities must be allocated to the government lottery fund. In addition, the Jockey Club donates about $1 billion each year to support charities and social projects.
Gambling is illegal in Hong Kong. Illegal gambling activities have become more common in recent years. For example, some illegal bookmakers accept bets over the phone in Hong Kong or accept bets in some bars where football matches are broadcast live. The public can also easily obtain information on odds and other bets from various channels.
These illegal gambling activities are not approved by the government and lack regulation; they also do not pay gaming tax like legal gambling establishments, which affects Hong Kong’s tax revenue. The government is very concerned about this situation. Law enforcement was proposed and public education should be strengthened in order to combat illegal gambling activities.
The Police have been closely monitoring and investigating illegal gambling activities. Over the past year and a half, the police have successfully disrupted illegal gambling activities on 15 occasions. A total of 45 people were arrested in the operation, and about 30,000 yuan in cash and about 53 million yuan in credit bets were seized. Especially during the last World Cup, the police took several actions to successfully dismantle two criminal syndicates operating gambling. The Police will continue to monitor and investigate illegal gambling activities and take decisive enforcement actions.
In Hong Kong, gaming winnings are not subject to income tax. But when it comes to taxation, we cannot fail to stress the generosity of the Hong Kong Jockey Club. The Hong Kong Jockey Club operates on a not-for-profit business model and its charitable donations are believed to touch the lives of 75 percent of citizens. Hong Kong, the largest single taxpayer, donates billions each year to fund and develop community projects.
While there has been speculation that individuals could be taxed if Hong Kong’s online gaming market were to loosen up, people using international gaming sites could still withdraw their money tax-free because there was no structure to collect winnings.
Is Online Sports Betting Legal in Hong Kong?
The Hong Kong Jockey Club has added an online betting service to allow members of the public to place legal bets through the Jockey Club website. Betting on the internet with overseas operators is illegal, but the government is currently not prosecuting those who do. If you want to play Hong Kong sports betting that has nothing to do with football, then choosing these betting shops may be your only option.
The main goal to do before placing bets is to find the best sports betting sites in Hong Kong by combining all the factors. This will add value to the player’s experience in the long run. If they don’t meet the expectations, those sites should be lost forever in your eyes as there are many others that can be chosen. Here are our specific review criteria:
A competitive market brings a variety of generous bonus programs, and we should analyze each site for sign-up offers, deposit bonuses, or free bets, with attached terms and conditions to make sure it’s authentic and fulfilled. Free bets are an alternative way to increase your bankroll, and players can check them out to get better betting deals. For loyalty rewards, the websites still have VIP mode, betting insurance, and various bonuses and competition awards lined up in a row.
We should pay attention to the user feedback of each website. Take time to check the player community and test customer service, including various website main points, including whether there are promotional offers that have not actually been delivered, new products with initial problems, problems that have not been handled properly, controversial bets, and more.
The sites must provide an environment for secure transactions for payments, betting and personal information, as well as good customer support, and response time, and provide services under the premise of regulated and legal licenses. The relevant license numbers, company details, customer support information, etc. should be present and any information needed to ensure players stay on the most secure and transparent sports betting platform.
Sports betting sites in Hong Kong are competitive and the odds on individual events can vary staggeringly, which is why having multiple accounts on various best betting sites can be so rewarding and convenient. Just like shopping online, shop around for different prices and loyalty rewards. When betting online, top websites all provide the best odds mechanism, but establishing a superior and inferior order based on price and odds is still recommended. For example, some websites offer sports betting options that are comparable, but not necessarily match in terms of price and odds.
Betting is exciting, however, if players don’t have a way to check the results on the go, it will affect the experience. The website should provide players with the ability to track the bet through a live broadcasts after placing the bet. As long as the minimum bet of the ultra-low price is reached, the result of the bet to the end of the event can be tracked. There are many sites with streaming media, and the choices are diverse, but the amount of direct traffic varies from site to site.
Being able to lay out options in such a way that they can easily and efficiently find the content they need under the site’s visual design, tracking bets, checking P&L or cash out early when players follow up on decisions – these factors make up the overall user experience, including website styles for different customer groups, etc.
It is always good for players to have rich betting options on the platform. Good sports betting companies often provide wider market options to form advantage and facilitate players. Regardless of the options, however, any company that doesn’t offer major sports such as football, horse racing, NFL, basketball, or golf won’t be appealing. Any sport that’s on TV should be covered, and more niche sports.
Anytime, anywhere, intractable problems can be solved. Players can expect high-quality assistance from professional technicians at top sites. The vast majority of sports betting sites in Hong Kong have fully-featured live chat customer service, and the players are reminded that there will always be slight delays during the busy times of major events.
Phone calls are just as good as email, and email hotlines are often used for less urgent matters, and some sites even offer betting via this channel—but in times of urgency, we recommend using the live chat feature for immediate feedback and help.
There are various ways to deposit and withdraw money at sports betting sites in Hong Kong. Some Hong Kong betting shops only offer one or two methods, but the best online betting shops will make it easy for you to add and withdraw funds. For example, you can use bank transfers, credit and debit cards (such as Visa and Mastercard), Amazon Prepaid Vouchers, and e-wallets (such as Skrill, Alipay, WeChat Pay, and OlePay), among others.
Go to the official website of the sports betting service in Hong Kong where you wish to place bets online. Hit the “Registration” button which is usually located in the upper right corner of the page. When you click on it, the registration form will be displayed, which must be filled out.
When registering on the website of a bookmaker, you must only specify your real data and fill it in without errors! Otherwise, you will not be able to pass identification (identity verification) and place bets.
Furthermore, upon registration, the player must know that he is agreeing to provide the bettor with the right to process his personal data and that he confirms that he is fully familiar with and agrees with the rules of the game, acceptance of bets, and payment of winnings. The rules may vary depending on the bookmaker, so it’s best to study them carefully.
Immediately after completing the form, a request will be sent to the email address indicated therein to complete and confirm the registration procedure.
To be able to withdraw funds from the sports betting site in Hong Kong, you will have to follow small and simple steps to verify the user’s identity. In addition to not being able to withdraw funds without any verification, the bookmaker may doubt your identity and ban your account and thus lose your funds until there is verification. Therefore, it is in your interest to carry out your identity verification in order to be able to raise funds and avoid problems with the bookmaker.
For the purposes of account validation and processing of withdrawals, you must log in, select “My Account” and then proceed to the next step of uploading the request. To complete this process, the user must upload the following documents:
If you make withdrawals by credit card, you must also send:
To place first bets, the player needs to add funds to his personal account. All bookmakers have this feature in front of users and the available payment methods are:
The money transferred to your account is displayed within a few minutes after the bookmaker confirms your transfer. In the event of an error during this process, you should contact the services offered to resolve the problem as quickly as possible.
The most popular events and sports for betting are presented in large numbers. You can also select events in live mode. Bets are accepted with two clicks: first, the player selects his bet option and then confirms his choice in the window that opens on the right. In the right window will be indicated the size of the minimum and maximum bets in the selected event for each player personally.
Calculation of standard fees is fast and without significant delays. Remember that all calculations and values shown are according to the odds of the bet and the amount you want to bet.
To withdraw funds from your account, you must follow the rules of the bookmaker. Usually, this function is available in the following ways:
Sports betting sites in Hong Kong feature the most popular sports and also offer a range of marketplaces for major events, tournaments, and leagues. To see the most popular sporting events in Hong Kong, as well as some schedules, and highlights for each sporting event, check out this sports betting guide:
Basketball is quite a popular betting option in Hong Kong! NBA regular-season betting offers fans hundreds of options, with even more viewers heading into the playoffs and NBA Finals. In addition to the NBA that players are most familiar with, the NCAA college basketball national competition in the United States is also a good game choice, and there are 67 one-month knockout games in March Madness to determine the final national championship.
Football betting is quite popular, with top events such as the US Football League, Premier League, and UEFA Champions League dominating the betting market. In addition, the world also needs to pay attention to the World Cup - this event will usher in 32 countries to compete for the glory of the world championship every four years. Hong Kong players really look forward to big events like this.
There is no sport that is more synonymous with betting than horse racing. And there is nothing comparable to the passion of Hong Kong people for horse racing. Except for Hong Kong, there are daily events from the United States, the United Kingdom, Dubai, Australia, and other regions. Both new bettors and old players can participate in the betting action and watch the speed of horse racing and the excitement of gambling.
From Grand Slams to Regional Opens to the ATP World Tour Finals and more, the tennis program offers players an astounding diversity. And then consider that the surfaces of the major events are also different, including turf courts, clay courts, man-made fiber courts, etc. The clay and the grass will not be the same, which makes predicting the outcome become very interesting.
American Football is a sport that has received a lot of attention in Hong Kong. In the United States, football has its place in the sports world, including the NFL, the world's largest professional American football league, with audiences from all over the world. The NFL playoffs and the iconic Super Bowl culminate in January and February, and sportsbooks offer a wide range of markets on every NFL event, from bets aimed at beginners to popular touchdowns scorer markets.
Baseball is not as popular in Hong Kong, but it still has a large audience, and every spring, the world-famous Major League Baseball (MLB) will also enter a new season, and bettors can bet in all 162 games. And as a sport full of statistics, baseball offers players a very suitable and excellent betting experience, especially for those who are playing the game.
While all four majors are played within four months, there are events wagered on the PGA Tour and European Tour throughout the year. The Masters, PGA Championship, and U.S. Open are three of the four major tournaments held in the United States; the Open is held in the United Kingdom. Bettors can bet on everything big and small - from outright winners, and score records, to whether someone is going to get stuck.
Hong Kong has a certain development in ice hockey. Due to the fast pace of action, the NHL has always been popular with players - especially players in North America. The Stanley Cup is naturally the peak event of the season, and it is also an excellent betting opportunity. The ice hockey betting market is vast enough to satisfy both beginners and seasoned players.
Hong Kong has also started to develop esports in recent years, and from League of Legends and CS: GO to COD and FIFA, esports is a huge business (expected to reach $12.9 billion this year). In the eyes of many players, this is a brand-new field of online gambling, with fresh, diverse, and many gambling opportunities; at the same time, live broadcast is one of the key functions of e-sports betting. Now, in addition to established online media such as Twitch and YouTube, sports betting sites It is also a great place to watch the game.
The betting options of betting companies can be combined thus creating different types of bets. The differences consist of the number of results and type of calculation. Single, combination, and system are the most popular types of bets. Let’s talk in detail about each one: what is its essence, and how these bets are calculated.
It is the most popular type of bet among betting Hong Kong players. It is a bet that offers the result of a single event. The player chooses a line event with a certain odds, places the bet and if it is correct, he receives his win. The win amount equals the bet amount multiplied by the odds.
For example, in the match between Barcelona and Real Madrid, you bet $100 on the victory of Barcelona. For this option, the bookmaker offers the odds of 2.0. If Barcelona wins, you receive a payout of $200 because the stake is multiplied by the odds (100 x 2 = 200). If Barcelona loses the match, you will also lose the bet.
The biggest advantage of this type of bet is its simplicity and reliability because unlike other types of bets you need to guess the outcome of a single match. The disadvantage of the single bet is small odds compared to combination or system bets.
This type of bet represents a combination of the ordinary ones: at the same time, it includes several outcomes of several events (it can be two or more). Customers of betting companies like this type of bet for the higher odds because, in the calculation of the combination bet, the odds of all the results are multiplied.
For example, you decided to bet an express on three football matches:
The total odds of this betting slip is going to be 8.0 (2 х 2 х 2 = 8). If you correctly guess the results of all three events, your win will be calculated using odds of 8 (the bet amount multiplied by 8). However, if at least one result of your prediction is not correct, your bet will lose. Obviously, each event added to the betting slip increases the total odds but reduces the probability that all events win.
Many newbies compose “safe” combination betting slips, that is, they include many events with low odds because they think everyone will win and the final odds are very attractive. However, the low odds do not guarantee your win, the favorites can also lose. Also, this happens more often than a bookmaker newbie might suggest. Therefore, combining betting with a large number of events more than anything is the way to lose.
We want to emphasize that bookmakers can put limits on the number of possible events in combinations bets or limit the maximum possible winning odds. Ordinarily, they do not allow including interdependent events.
This type of bet is intended for players who are concerned that one of the express events may lose and thus lose all express. The system is the combination of a certain number of events. Each system combination is calculated as an independent match. You bet on various events included in the betting slip and indicate the dimensions of the system (e.g. will win 2 out of 3, 3 out of 4 etc.).
If all events win, your win is calculated as a bet multiplied by all odds (using a special formula). In this case, the total odds is lower compared to the combination bet. However, if one or several events lose, you can still win or at least reward part of your stake.
Let’s give an example: we calculate the betting system 3/5 (three out of five):
This system means you will win 3 events out of 5 chosen events. For example, you chose several events and bet $1000. In fact, 10 separate events are wagered (10 possible combinations) – 10 triples. The bet amount for each match is 1/10 of the total bet amount, and each express in the system is calculated as a separate bet. That is to say, their system is divided into 10 espressos – $100 each.
As you can see, the system game allows not to lose every bet of $1000 regardless of the outcome of events – the player will win, or will reward part of the sum bet. Depending on the type of system and the number of events within the slip, the number of combinations required changes. Thus, if we bet in the 2/3 system (two out of three) we will have to generate only three combinations. If we choose the 3/8 system (three out of eight) the number of combinations required will be 56, and the total bet amount, in this case, should be much higher.
Betting odds are a way to show the probability of the event taking into account the subjective opinion of the bookmaker. As you know, the ancestors of modern bookmakers for many centuries carried out their activities successfully on all continents, so today there are many methods for generating odds. Consequently, there are different forms of odds available in Hong Kong. However, currently we use the three most popular types to provide the odds: English, European and American. We are going to discuss the similar and distinct traits, the advantages and disadvantages of each.
We consider that the homeland of bookmakers as independent companies that work with massive betting was England. It is logical that this country offered the world its own odds system. The English odds are still very popular nowadays more than anything to the British gaming establishments that respect the traditions of their ancestors.
Almost all British bookmakers offer English odds on their lines. English odds are written in fractional format, for example, 20/4. These odds show the correlation of net win amount and bet amount. That is to say, if you place the $4 bet, your net gain (discounting the bet amount) will be $20.
The 20/4 odds corresponds to the common odds of 6.0. To convert the English odds into common odds in decimal format, it is necessary to divide the numerator by the denominator and then add 1 to the result received.
Example: 20/4 = 20 : 4 + 1 = 6.
European ratios appeared when the betting business started to migrate from the UK to France, and then developed throughout Western Europe. In the beginning, in Western European countries, there were only British bookmakers. Over time, worthy competitors began to appear – French and German gaming establishments.
Most new bookmakers found English odds too complicated to calculate. Thus, the common European odds, i.e. decimal, appeared. At the moment, the European odds appear in all betting companies in the world, including those in Hong Kong, and in most of them, it is the only odds available. The European odds appear in decimal format – these are common numbers for us like 2.0; 4.3 etc.
All online bookmakers use European odds. To calculate the odds, you multiply your bet by the odds. In this way, you receive the amount that the betting company will pay in the event of a successive bet.
The American odds that appeared a few years after the independence of the United States are the most difficult to understand.
The American odds adapted very quickly in local gaming establishments. The biggest difference from the American odds is the presence of the sign + or – before the numerical value. This signal allows you to understand which of the teams is the favorite. The favorite team is always marked with the – sign.
Let’s take a closer look at American contributions and try to calculate the odds in an example. So for example odds -105. These odds show that to receive the net win of $100 you have to wager $105. In the European system, the same odds appear as 1.95.
Now, let’s see an example of positive odds. For example, you want to bet the odds +110. This means that to get the net win of $110 you need to bet $100. That’s the American system, it doesn’t make much sense. Fortunately, nowadays few bookmakers use this type of odds, in addition, they always offer alternatives in the form of European and English odds.
The betting companies’ margin is their guaranteed winnings, a certain percentage that companies receive from every bet placed by users in Hong Kong. The amount of the margin directly influences the amount of the offered odds. The lower the margin, the better the odds for the player. Obviously, bookmakers do not publish data on the amount of margin so to assess the efficiency of the game at each bookmaker it is necessary to learn to calculate it.
With a simple coin, we will explain what is the margin in betting (fr. margin – difference, advantage). As we know, the probability of each side of the coin is equal – 50%. And if the bookmaker accepted the bets for this event, the odds should be the same – 2.00 for both outcomes.
You bet one side and your friend the other. In any case, the money wagered will be returned to the players. However, in reality for bookmakers it is not profitable, so most likely they will offer the odds of 1.91 which corresponds to a margin of 4.7%. Of the two $100 counter bets the bookmaker will pay only $191 and you will receive your $9 commission.
Precisely, under the conditions of such an event as currency or similar (odd or even total goals, etc.), you will never receive long-term gain due to the margin factor. However, in the other events where you can show your talent for guessing, the margin is nothing but an additional obstacle – in the case of a 4% margin you need to analyze 4% better than the bookmaker in order not to lose your money or to win.
With the increase in the quality of betting bonuses in Hong Kong, the variety and creativity of these promotions have also improved. Much more than the simple welcome bonus, now Hong Kong bettors will be able to enjoy bonuses as regular bettors of bookmakers. Here are the main ones:
As the name implies, the welcome bonuses are the offers that you will receive as a new bettor on this online betting site. On average, there is no doubt that these betting bonuses are the biggest you will receive at these operators. That’s why it’s so important to choose the welcome bonus that best meets your needs.
On average, at bookmakers, you will receive a welcome bonus ranging from 20 dollars to 100 dollars. However, these bonuses are directly related to the amount of your first deposit. For example, if you want a $50 bonus on your deposit, you will have to make a minimum deposit of $50, as it represents 100% of the value of that deposit.
This is the rarest bonus you can find at online bookmakers in Hong Kong. This is because, you will not need to deposit a single cent to have money in your balance and bet online, in whichever market you want. That is, as soon as you register your account on the sports betting site in Hong Kong, you will automatically have money to bet, without restrictions or special conditions.
Being one of the most sought after bonuses by Hong Kong punters, free bet bonuses, fortunately, are increasingly appearing on betting sites, aimed at the most regular punters of operators. They work as an “incentive” for you to place risk-free online sports betting.
Just pay special attention to the sports betting markets that are included in these promotions. Always bet on the correct markets or games, thus not running the risk of losing your free bet bonus.
Who doesn’t love to get a bonus that gives them a second chance to profit from online betting? This is precisely what you will find in the “Cashback” betting bonuses, in which you will receive a full or partial refund of the amount invested and lost on a sports bet you have made.
In short, this is a bonus where you are entitled to extra protection, which will allow you to place bets online without running the real risk of losing your entire investment. However, pay attention to the minimum odds and even the roll over system that will be active for this type of betting bonus.
As a way of rewarding the most loyal bettors, certain online bookmakers in Hong Kong insist on allocating points and offering exclusive bonuses, according to the number of points obtained. These are offers that most bettors will not have access to, as they are exclusive.
Whether it’s free bets, cash backs or even deposit bonuses, by betting and accumulating more points, you’ll have more opportunities to win promotions and even exclusive prizes. Make a point of carefully reading the Terms and Conditions present in these VIP Clubs.
Most online sports betting sites in Hong Kong offer as many as dozens of payment methods for players to top up their accounts. Players can recharge through credit cards, e-wallets, recharge cards, cryptocurrencies, etc. Whether depositing or withdrawing money, the terms of each betting site may vary.
Players can browse the bank information, general terms, or FAQ pages of the website to inquire about details. The best sports betting sites in Hong Kong provide players with the best and most trusted payment methods.
Below are the most common and most popular payment methods for online betting sites in Hong Kong:
To experience the perfect gaming experience at an online sports betting site in Hong Kong, you must register and top up an account before you start playing with real money. Therefore, it is very important to choose a safe and convenient payment method.
What Is the Best Payment Option for Hong Kong Players?
Since bettors from Hong Kong need to access foreign betting sites, using e-wallets is the best option. However, it is possible to use credit cards as well, which are more accessible and easy to use.
The Hong Kong Jockey Club has added an online betting service to allow members of the public to place legal bets through the Jockey Club website. Betting on the internet with overseas operators is illegal, but the government is currently not prosecuting those who do. If you want to play Hong Kong sports betting that has nothing to do with football, then choosing these betting shops may be your only option.
Finding a safe and reliable bookmaker in Hong Kong is necessary in order to have a safe betting experience.
All bookmakers have their own limits when it comes to many things, including deposits. You can usually find that kind of information on the internet before joining a bookmaker.
While there has been speculation that individuals could be taxed if Hong Kong’s online gaming market were to loosen up, people using international gaming sites could still withdraw their money tax-free because there was no structure to collect winnings.
This will greatly depend on the payment option of choice, more than a bookmaker of choice. For example, e-wallets can process withdrawals in a day while bank transfers can take a week.
As there are dozens of great sports betting sites in Hong Kong, choosing the best one can be hard, especially as all players love certain things differently from others. Find a bookmaker with the most suitable services for your needs.
Almost all sports will be available to bet on, depending on a bookmaker, sports like football, golf, tennis, basketball, cricket, baseball, handball, etc.
Basketball is arguably the most popular sport in Hong Kong among bettors. Apart from being fast-paced and dynamic, it is a good sport to earn money while betting.
Betting odds are a way to show the probability of the event taking into account the subjective opinion of the bookmaker. There are different forms of odds available in Hong Kong. However, currently, we use the three most popular types to provide the odds: English, European and American.
Being one of the most sought-after bonuses by Hong Kong punters, free bet bonuses, fortunately, are increasingly appearing on betting sites, aimed at the most regular punters of operators. They work as an “incentive” for you to place risk-free online sports betting.
This is the rarest bonus you can find at online bookmakers in Hong Kong. This is because, you will not need to deposit a single cent to have money in your balance and bet online, in whichever market you want. That is, as soon as you register your account on the sports betting site in Hong Kong, you will automatically have money to bet, without restrictions or special conditions.
There are a few centers and psychotherapists in Hong Kong that can help players deal with their gambling addiction, such as Caritas Addicted Gamblers Counseling Center (phone line – 2499 7828, 6829 8764), TWGHs Even Center (phone line – 2827 4321, 6770 5599), Zion Social Service – Yuk Lai Hin (phone line – 2703 9811, 5313 3011), HKLSS – Sunshine Lutheran Center (phone line – 2661 7048, 6606 3933).
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