The esports and gaming industry has made leaps and bounds in its growth over recent years. As a direct result of this colossal progression, esports betting has also come to its own. Its market continues to expand now more than ever globally and is expected to reach greater heights soon.
The Philippines is home to many gamers and esports athletes and teams that are passionate about gaming. Hence, it’s one of the most profitable esports betting markets, where it thrives as a part of the esports industry itself. Although most esports betting sites in the country do not operate locally, the Philippines’ gambling laws still make it possible for punters to enjoy wagering with the best of odds in many foreign websites.
Top esports leagues and tournaments feature popular games that make for an exciting and fun time while watching and making bets such as Dota 2, LoL, Starcraft, and Counter-Strike: Global Offensive (CSGO). These games are mostly what’s on the sportsbooks of the best betting sites out there. Here are the best betting websites in the Philippines/best betting websites that accept Filipino players that offer odds and wagers for the popular games that were mentioned.
PNXBET is a new online casino and bookmaker that particularly focuses on the Southeast Asia betting scene, with over 100,000 registered users coming from the region. They’re licensed by Curacao and run several gambling products, including casino, live casino, professional sports betting (pre-game and live), and esports betting.
PNXBET has made waves during its relatively short time of existence. In the esports betting sector, they provide various games and leagues where you can have fun and earn a profit while betting. It’s also quite easy to place bets on wagers and knowing which odds favor you with their user-friendly interface.
On their esports page, you can filter which matches in tournaments and leagues you can bet on by clicking the game of your choice. You can also make multiple bets easily with their bet slip that indicates how much money you put at stake, which wager did you place a bet on, the odds of winning, and which match you bet on. You won’t have to think about if you’ve placed the right bet or not because you can see and place them in one slip. Apart from the ease of betting, you can also see the schedule of matches indicated below the game selection, which will keep you updated in the upcoming matches in different leagues and tournaments that happen within the day.
Currently, PNXBET online casino doesn’t have an app, but their website is also compatible with mobile devices, so you can still do esports betting wherever and whenever you like. They also offer the highest odds possible for Dota 2 and a 100% risk-free betting guarantee on CS: GO after making your first deposit.
Speaking of making your first deposit, they’re also quite generous with the bonuses that they offer for new and existing customers. For new customers, you’re entitled to a welcome bonus that’s only available on your first deposit. As a new customer, you’re automatically eligible for a 100% welcome bonus up to $100 or of equivalent currency. To be awarded the bonus, you need to claim it first and then make the minimum required deposit of $20 or equivalent currency. For existing customers, they have the reload bonus, which is also dependent on customer deposits that you can claim 5x a month.
For deposits and withdrawals, PNXBET has plenty of payment processors that can help with your transaction essentials. They accept the familiar and secure payment processing methods of credit and debit cards, e-wallets, bank transfers, and even cryptocurrency. They also have a high monthly withdrawal limit, which you can take advantage of, should you want to withdraw a larger amount of your winnings.
Also a relative newcomer itself, 22Bet has managed to be on the good side of esports punters all across the globe, thus it’s only wise that they allow one of the hotspots for esports-crazy fans and bettors, the Philippines, to play on their site. Their esports betting service has been impressing bettors recently which paved the way for more positive publicity, which they truly deserve.
What allows 22Bet to reel in more esports bettors is their enticing 122% welcome bonus. On your first deposit, which is only a bare minimum of $1, converted to your currency of course they’ll match it 100% and then throw in another bonus of 22 extra bet points. You can use these bet points on any esports game and wager available on their site. The welcome deposit bonus can be received by depositing via any of the accepted payment methods except for Bitcoin. Withdrawing your funds is subject to meeting their wagering requirements, which states that you have to bet the full value of your bonus five times by making accumulator bets with at least three selections on odds of 1.40 or higher in a matter of 7 days.
22Bet also offers a huge amount of live betting odds on popular esports-played games such as CS: GO, LoL, and Dota 2. Although they have yet to add a streaming option so bettors can watch the matches, they provide plenty of helpful live statistics that you can use in adjusting your strategy as the play goes on. There are also plenty of betting options available that they offer in games. For instance, in LoL matches, they have a wager where you’ll have to predict which team will be able to perform a quadra kill. For CS: GO games you can bet on the total number of maps.
They also have reliable payment processors that will ensure that your deposit and withdrawal transactions are handled well. In the Philippines, you can use VISA, MasterCard, PayPal, Skrill, and Bitcoin for paying and cashing out your funds and winnings. Processing time varies for each payment method. In terms of betting limits, they’re pretty generous as well because they allow customers to bet up to 600,000 of their currency for every single bet, which is more than enough for the casual betting fans and more than good enough to attract high-rollers.
They may not have an app, but their website is optimized for all devices. You can place bets using your smartphone, laptop, or personal computer. All tasks such as logging in to your account and adding funds are straightforward and intuitive. They also have a dedicated tab for esports on their main menu, so you can get to see which matches are being played as quickly as possible.
The Popularity of Esports & Video Games In The Philippines
According to the gaming analytics firm Newzoo, the 43 million gamers in the Philippines spent $572 million on games last year. By game revenues, the country is now the 25th biggest market globally, making it one of the key drivers in Southeast Asia’s gaming market.
Also, Newzoo gathered that there were 1.4 million esports enthusiasts in the country back in 2017. They contributed to the growing esports audience in the Southeast Asia region, the fastest in terms of growth in the entire world. As to which gaming devices are popular with them, Filipinos are mostly mobile gamers just like the majority of Southeast Asia.
74% of their online population plays mobile games, 75% of which are men and 72% are women. 65% play games on their personal computers and 45% play console games. The most popular genre for them is strategy games, which is why games like Dota 2 and Mobile Legends are massive hits in the country. Filipinos mostly play strategy games on mobile and PC, while battle royales made the top of the list in terms of console games.
Esports Betting Legality and The Legitimacy of Esports In The Philippines
Legally, Filipinos 18 years old and above can bet on esports. Since 2012, it hasn’t been illegal for local bettors to sign up at offshore licensed betting sites to bet on esports and other events. Bettors don’t have to worry about the strict laws because it mostly only applies to operators and not them.
The Philippine Amusement and Gaming Corporation (PAGCOR) is a state-run commission that oversees all gambling activities in the country and currently licenses one operator to offer sports betting to Filipinos which is MegaSportsWorld (MSW). Local online gambling operators that aren’t licensed are prohibited from offering their products and services to locals, so Filipino gamblers resort to searching for foreign & offshore websites that have esports betting and accept Filipino bettors.
Most of the best online casinos that we listed here accept Filipino bettors and offer esports betting on their sportsbooks. They also have the best odds that you can bet on and great promotion offers when you sign up for a membership.
In 2017, the Games and Amusement Board (GAB), the Philippines’ regulating body in traditional sports, announced that they’re recognizing esports, placing it under their jurisdiction. The agency also acknowledged that it’s different from traditional sports, but also stated that people need skill and training to succeed in it. Now, Filipino esports athletes get licensed to compete in more international esports events, with the Philippines also hosting massive esports tournaments such as ESL One Manila and the Manila Major, both Dota 2 tournaments.
Things to consider when choosing Philippine esports betting sites
If you’re a Filipino esports enthusiast who’s looking to wager money on your favorite teams and esports athletes, you’ll need to look for the best betting sites. The online casinos that we listed here are the best among sportsbooks with esports betting that also accept Filipino players. The only thing left for you is which one to choose. Here are some things you need to think about when doing so:
- Betting markets
Not only do these sites feature great odds, but they also have the best type of wagers that you can stake your money on. Think about what type of bets do you want to make because you might have better chances of winning with bets aside from predicting the winner of specific matches.
There are also plenty of promotions that these online casinos and other betting sites offer. You can always choose to take them or not. Whether you need them or you don’t, they’re there and you might as well consider them.
- Payment methods
You should look into the payment options these casinos and betting sites offer as well. You must have access to at least a couple of what they have so you can deposit and cashout easier.
- Mobile betting
If you mostly play on your smartphone or tablet, then look for a site that’s either compatible with mobile browsers or has an app for mobile gaming.