Indonesian sports’ betting is a very popular albeit a tricky occupation. Anyone with an account in the Bank Central Asia can deposit money to betting accounts operated by Asian bookies. Since European betting sites are mostly banned here, going with Asian bookies is the best alternative available. There are certain advantages to this too like:
- Betting on both Asian as well as famous European leagues are offered by these Asian bookies,
- Their Asian handicaps offer the best online betting odds,
- Accounts offered by them is in Indonesian rupiah and
- They typically support the Indonesian odds format.
Depositing money for online betting
Posting up refers to the act of depositing money for online betting. Asian bookmakers generally operate on post up and hence allow you to bet the amount which is already present in your account. When you place a bet, the post up balance is debited by the said amount. In case of a loss, you forfeit your staked money but in case of a win, what you staked is added back to your account along with the winnings. While the fact that most online sports betting websites are not very conducive to the banking methods prevalent in Indonesia, it is always better to use e-wallets.
Getting back money from your betting account
Wanting to take your whole post up amount or part of the post up amount out of your online betting account generally requires a visit to the cashier of the concerned website. However, if you go through Indonesian Sports Betting Review sites you will also come across betting websites which offer bank or e-wallet transfers.
Use European betting sites for better odds
While ISP blocks are placed on some European betting sites in Indonesia, there are some popular websites who offer access to these. The use of European betting sites is slowly gaining momentum in Indonesia because of
- Better odds available there and
- The chance to get better bonuses.
Indonesian residents wanting to bet on these European websites need to open up a USD account. The moment this is done, generally a cash deposit bonus of about $200 is transferred to this account to facilitate betting. Since the prevalent banking methods are not accepted by the European websites, it is best to transfer money into the USD account using e-wallets.
Some dos and don’ts
But even though Indonesia is governed under Sharia law which makes gambling illegal in Indonesia, the popularity of online sports betting knows no bounds. Hence it is best to be cautious by
- Using a reliable VPN and
- Using e-wallets to deposit and withdraw money.
Online sports betting in Indonesia remains big business despite its many anti-gambling laws. But it is always better to know the risks and take precautions rather than plunging headlong into something.