Which Are the Best Online Betting Sites in Taiwan?
Curious about which are the best betting sites in Taiwan? Based on our research, the top-rated bookmakers in Taiwan include 22bet, 1xbet, William Hill, Cyber.bet, Betzest, and Zulabet. However, you can read more about each bookie below and make your own judgement. We want to present you some interesting facts about betting in Taiwan before we start our preview.
- Population: Based on the most recent population census in 2020, Taiwan ranks as the 57th most populous country in the world and has a population of 23.57 million people.
- Active players: Despite Taiwan having strict anti-gambling legislation, lottery sales in the country generate more than NT$124 billion annually. This is suggestive that a large percentage of the population are active players but there is no actual data.
- Currency: Previously, the national currency was the Old Taiwan Dollar before it was replaced by the New Taiwan dollar in 1949.
- Regulated gambling products: The only regulated gambling product in Taiwan is state-run lotteries. All other forms of gambling are unregulated.
- Operator types: As the state operates the only legalized form of gambling, it remains the only licensed operator in the country. However, offshore operators are widely available and offer a variety of sports and casino betting services.
- Designated authority: As gambling is strictly forbidden other than lottery, the state is the designated authority. Currently, there are no licensing opportunities for local or offshore operators.
- Status: Under Taiwan’s criminal code, gambling is strictly prohibited. While the Offshore Islands Development Act of Taiwan explored the legalizing of land-based casinos, progress is all but non-existent. A contributing factor for the lack of progression is the influence China has over Taiwan and the threat of economic sanctions. The likelihood this will change in the near future is minimal at best.
Top Rated Bookmakers in Taiwan
22Bet has long been heralded for being one of a handful of top bookmakers in Taiwan. Opening in 2017, 22Bet set its sights on developing a well-orchestrated sportsbook that emphasises flexibility and great odds. Using a simple format, 22bet incorporates easy-to-use menus that let punters can quickly view available sports markets and betting options. These are complemented by other player-preferred options for fixed odds betting and quick access to top championships and matches.
The casino and alternative punting options are another highlight that deserves attention. They offer a vast collection of games that normally are unavailable to Taiwanese bettors. More importantly, they offer fair payouts in a tightly regulated and licensed environment.
- Excellent player-intuitive features
- Large statistical and results databased
- Generous casino and live dealer games
- Live streaming not offered
1xBet has established itself as one of the top betting sites in Taiwan since opening in 2007. Since their introduction, the bookie has experienced substantial growth and continues to rank among the best bookies online. Part of 1xBet’s success is their large sports market coverage, many of which are popular sports for betting in Taiwan. Another is the bookies competitive odds and its in-play wagering options for hundreds of events every week.
Not to be overlooked, the casino at 1xBet is a thing of beauty. Not only will bettors have access to the latest casino games, but they can choose between bingo, poker, esports and more. Best of all, bettors can take advantage of substantial promotional offers and VIP cashback bonuses.
- Includes coverage for over 30 sports markets
- Excellent variety of payment options
- Multiple player-friendly features
- Website can be navigationally overwhelming
One of the best online bookmakers in Taiwan, William Hill has a reputation that has been in the making since 1934. That reputation has transcended to the bookies online sportsbook and resultant on their worldwide appeal. There are over 33 sports at William Hill Taiwanese bettors can choose from and more than 1,000 events monthly. Bettors have the option to punt on pre-match events, punt on in-play events and get the latest enhanced odds.
William Hill also includes the option to access its online poker room, bingo parlour, live casino and online casino. These complement the bookmakers sports betting options and include a wide variety of games and like-minded promotions.
- Excellent award-winning platform
- Included free live streaming and in-play betting and
- Multiple promotions for sports and casino Daily
- Limited player resources
Cyber.bet is a top-contender for punters who want to bet on the latest sporting events. Opened in 2018, the Curacao based bookie includes a large number of options for pre-match and live sports betting. Moreover, Cyber.bet comes equipped with additional favourites such as esports and an online casino. For sports pundits, they will find over 15 sports markets at their disposal, all easily access via a convenient side menu. In addition, the bookie offers numerous Taiwanese preferred odds formats and offers covered for popular tournaments like the Premier League.
As for bettors interested in casino gambling, they will find over 30 software providers delivering thousands of options. The entertainment value they are enhanced by an active tournament schedule and numerous promotional opportunities.
- Excellent coverage of international tournaments
- Mobile-friendly website and Android betting app
- Large selection of betting guides
- Live streaming only accessible for eSports
Betzest has earned a position as a top-rated bookmaker in Taiwan largely from its approach to multi-platform betting. Having the ability to deliver a heavily populated sportsbook and combine it with virtual, casino and live betting pays dividends. For starters, the Betzest sportsbook features 25 per-match and im-play sports betting opportunities. Each offers competitive odds with in-play events featuring real-time odds and live simulated graphics. Moreover, the sportsbook has several viewing options, a livebet calendar and options for virtuals and esports.
Furthermore, the bookies casino is the perfect option for Taiwanese bettors wanting to punt on games of chance. It comes packed with entertaining options like slots, casual games, baccarat, poker and fishing and hunting games. Fan favourites for Taiwanese bettors, these options also include sport and casino specific promotions.
- Access to 25 sport types and favourable odds
- Sportsbook compatible with iOS and Android
- Large variety of live casino games
- Live streaming not available
At first glance, ZulaBet may seem like an unlikely contender, but with live betting and 25+ markets, ZulaBet gets a passing grade. Established in 2019, ZulaBet is based in Malta and offers pre-match, live and top league betting. As a relative newer bookie, ZulaBet delivers extensive coverage for football, basketball and basketball. Moreover, the odds are satisfactory, which has helped in their top bookie status.
Along with options for odds formats and other features such as virtual sports and esports, the bookie features a casino. With over 1,300 games and a live casino that houses over 100 live dealer games, ZulaBet competes with the best. All of which are accessible via a mobile compatible website that is optimised for iOS and Android users.
- Easy to navigate interface
- Attractive odds and promotions
- Multiple casinos and virtual betting opportunities
- Live streaming services not available
Important Things to Know About Betting Sites in Taiwan
There are always important things to know about betting sites in Taiwan if punting online. After all, the best Taiwanese bookmakers understand Taiwan has a restrictive betting environment. Logically, this means the more information you can gather beforehand, the better punters can be prepared when placing bets.
Therefore, here are some important things to know about betting sites in Taiwan:
- Betting Environment
The betting environment in Taiwan is anything but friendly, and if anything, it is quite restrictive. The laws clearly state that betting in any form other than the sports lottery is illegal. Therefore, bettors need to be mindful to only punt with licensed offshore operators. This will allow them the freedom to bet in a safe and regulated environment.
Competition is hard to gauge in Taiwan due to the laws but needless to say, offshore competition is stiff. This ensures any monopolies will not stymie bettors nor have to worry about dishonest practices. In terms of favourable competition, 1xBet, Cyber.bet and William Hill are the most competitive bookies in Taiwan.
In terms of operators, Taiwanese players have very few options. The majority operating within the country are located offshore, and therefore are unregulated in Taiwan. By no means does that creates safety issues as offshore operators are licensed betting establishments. Beyond offshore operators, the only other option is the state-run lottery.
- Active Players
As previously stated, gambling data is limited in Taiwan and essentially unavailable. The authoritative laws that govern gambling simply make it impossible to gauge the number of active players in the country. Still, based on lottery sales and income generated, it is safe to suggest the numbers are fairly high.
- Key info for Taiwanese Players
The key info Taiwanese players should be mindful of is that they are doing so with an offshore operator when betting on sports. This is not meant to raise red flags as offshore bookies are licensed, safe and trustable. However, we would suggest Taiwanese players consider using a VPN when punting online for privacy purposes.
- Gambling Taxes and Players Safety
The Taiwanese government imposes taxes on winnings on winnings that exceed NT$2000. This applies to the state lottery only, as all other forms of gambling are illegal. Resultantly, winnings resultant from online betting are non-taxable.
Sports Betting in Taiwan: An Overview – How We Choose the Best Betting Sites
Similar to other jurisdictions, how we choose the best betting sites in Taiwan follows a thorough process. While we have a detailed process we go through, it is also highly-recommended punters consider the following:
- Verify a bookie has been issued a valid license
- Research the bookmakers reputation
- Preview their sportsbook and the options available
- Verify the bookie has a dedicated support system in place
- Evaluate if a bookie offers competition promotions
- Investigate whether alternative gaming options are available
- Verify the type of payment methods
What Kind of Odds Format is Used in Taiwan?
It is customary that the best sites for betting in Taiwan offer various odds formats. Primarily, this will include the ability to view odds in fractional and decimal formats. However, most Taiwanese bookies will also allow punters to view odds in Hong Kong, Malay and Indo formats.
Available Betting Markets in Most Taiwanese Bookmakers
The available betting market in Taiwanese bookmakers are various and resemble those in other jurisdictions. Resultantly, Taiwanese bettors have a generous opportunity to choose between traditional markets while also having options for proposition bets. That said, many Taiwanese tend to favour betting markets that offer greater range and less risk.
Some of those markets most favoured by Taiwanese bettors include:
- Match Winner
- Any Team to Win
There are very few differences in the user experience Taiwanese players receive than those received by others. The reason for this is the platforms accessed in Taiwan are identical, and therefore they share the same design characteristics. The only exceptions Taiwanese players can anticipate seeing is in the availability of particular sports or alternative betting platforms. These are resultant of jurisdictional limitations and not in the overall user experience.
In terms of usability, the user experience includes everything from up-to-date results to modern interfaces. Moreover, bettors can expect to have access to multiple betting features such as predictions and tutorials. Likewise, they will find a large volume of support features, promotions, and customizable options.
Bonuses and Promotions for Taiwanese Bettors
Taiwanese gambling sites are known for offering a generous variety of bonuses and promotions for Taiwanese bettors. The value they deliver will vary, but they do have a tendency to be consistent and relatively competitive. In this respect, they are ideal for Taiwanese bettors who wish to maximise their gambling budgets. Bonuses such as first-time deposits, reload bonuses and free bets are frequent, as are ACCA’s, enhanced odds and casino-themed promotions.
Live Betting, Live Streaming & Cash Out Features
Live betting, live streaming, and cash out features carry a high level of importance for most sports punters. They play an integral role in their ability to strategically place bets in upcoming events and, similarly, view them in real-time. As a standard, these features are free-to-use and are not always available depending on broadcasting rights.
However, while that applies to live streaming, other features like the cash out are generally unrestricted. This feature is a money management tool that lets bettors use pre-existing knowledge and current match data to predict outcomes.
Online Casinos in Taiwan
Unfortunately, land-based casinos may be unavailable options for Taiwanese players, but online casinos are widely available. The only relatable issue for online casinos in Taiwan is the legality of their use. Currently, they are defined as illegal under Taiwanese law, but the use of VPN’s allow bettors to circumvent those laws easily.
While the Taiwanese government has been aggressive with illegal gaming houses, they have turned a blind eye to online casinos. That means bettors will not experience problems accessing online casinos for the most part. Therefore, playing games like slots, video poker, baccarat, roulette, bingo, or live dealer games is not a challenge.
Available Methods for Withdrawals and Deposits To Punters In Taiwan
Taiwanese bookmakers are well-versed in the unique market conditions faced by bettors residing in Taiwan. Subsequently, they offer a large number of methods for withdrawal and deposits to players in Taiwan. Generally speaking, most sites will include options for e-wallet, credit and debit cards and cryptocurrencies.
What is important is to recognize that some methods will include transaction fees while others will not. Considering the authoritative environment in Taiwan, cryptocurrencies are preferred, but there is a cost associated with their use. Unfortunately, unlike credit, debit and e-wallet transactions, these are not covered by the bookmaker.
Mobile Betting and Betting Apps
Almost all betting sites have optimised their sites for mobile users, and Taiwanese bookies are no different. In fact, most will not only offer a mobile compatible website but often will have iOS and Android apps available. This is the most convenient way to wager on sports as there are few locational restrictions.
Moreover, mobile apps are the bookies way of allowing punters the convenience to place their bets on the go. And, like desktop platforms, they come with the same quality designed features, making it a top choice for Taiwanese players.
Safety and Security
In an era of constant threats, safety and security are always on bookmakers’ minds. Ultimately, they determine a bookmakers ability to build player confidence and provide a safe environment. To achieve this, operators use sophisticated software that secures and protects them from external threats. It also provides peace of mind to players who want to ensure their information is not compromised.
Is the Customer Support Good Enough for Taiwanese Players?
Professional customer support is essential if a bookmaker wants to succeed and develop player confidence. The question of whether customer support is good enough for Taiwanese players is yes, without a doubt. In fact, they have multiple support resources they can avail should they need support or have questions.
Here are some of the most frequently offered methods for communication:
- Live Chat
- On-site Messaging Form
- Social Media Platforms
Is sports betting legal in Taiwan?
Yes, but only if wagering on the state sports betting lottery.
Can you bet online in Taiwan?
Yes, Taiwanese bettors are able to bet online at a variety of bookmakers and casinos.
What are the best online bookmakers?
The best online bookmakers, in our opinion, are those who are licensed and who offer secure betting platforms.
What is the best sports betting site in Taiwan?
In our opinion, the best sports betting site in Taiwan is 22Bet. They offer a generous variety of sporting events, casino games and Taiwanese friendly payment methods.
What are the most popular sports to bet on in Taiwan?
The most popular sports in Taiwan are football, martial arts and baseball.
Do Taiwanese bookmakers accept transactions using the New Taiwan dollar?
Some Taiwanese bookmakers will accept transactions using the New Taiwan dollar. However, the majority do not and will convert transactions into another currency such as euros.
Are there any promotional restrictions for Taiwanese players?
No, most operators do not apply any promotional restrictions against Taiwanese players.
What is the best withdrawal method for Taiwanese betting sites?
The best method for withdrawals at most Taiwanese betting sites is cryptocurrencies. This is due to their anonymity and the fast processing of withdrawals.
- Whenever we investigate the betting climate in a new country, we always are curious about its betting climate. In case you are as well, here are some interesting facts about gambling and sports betting in Taiwan.
- Unlike neighbouring Asian countries, the odds format favoured by the Taiwan State Lottery is the decimal format. To date, the decimal format is the most common format for sports betting odds in the world.
- It is estimated that gambling tourism in Taiwan could generate over $3 billion in annual taxable income. Unfortunately, Taiwan remains steadfast against gambling tourism and has yet to enact new legislative changes that favour legalised gambling.
- While gambling may be illegal in Taiwan, it is estimated that the illegal gambling industry generates $2 billion annually.
Are There Any Restrictions for Taiwanese Players?
Taiwanese players are fortunate enough to have the freedom to pursue unrestricted gambling activities online. While most bettors will not experience many restrictions, they will under certain conditions.
Generally, these apply to specific promotions whereby licensing stipulations are jurisdictionally restricted. In addition, restrictions are common when accessing non-sports related gaming content, such as those offered by an online casino. Lastly, there is the risk IP addresses will be blocked by state agencies, although using a VPN thwarts those attempts.
We would be biased to suggest it’s easy to punt without limitations if a Taiwanese sports fan. The uncertainty of offshore bookmakers being blocked has the potential to take away some of the pleasure of betting online. However, with the responsible operating policies by top-rated bookies, the odds are Vietnamese punters will have positive betting experiences.
Ultimately, the best defence against any restrictions and the potential blocking of access is the use of a VPN. While some bookies disallow the use of VPN’s, they are common in tightly regulated markets and usually are undetectable. Therefore, Vietnamese have few worries and generally will have an equal experience as those from other Asian countries.