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After Bet365's withdrawal, what are the gambling options available for the Chinese-speaking market?

PASA News
PASA News
·Mars

Bet365 is a global product that ensures a secure channel for customer funds. Due to regulatory reasons in its home country, it is unable to completely detach from the banking system settlements, ultimately drawing a line with all non-judicial jurisdictions.

More than two years ago, the author warned some friends in the Chinese-speaking markets to follow the principles of removing bank cards, Chinese language, and Asian companies when using their weighted accounts.

If even the basics of 365 cannot be achieved, it must be completely excluded. Especially for users in the mainland China market.

Currently, advice is only given to the Chinese-speaking markets of mainland China (CCP), Hong Kong (Hong Kong), Singapore (Singapore), Malaysia (Malaysia), and Taiwan (Taiwan).

1. Legally Regulated Lotteries in Location

Localized Service   5 stars

Safety Factor    5 stars

Profit Margin   0.5

Mainland China has sports lotteries, Hong Kong has the Jockey Club, and Taiwan has sports betting. If you are just watching sports for entertainment and betting for fun, it's really not worth the risk of being penalized by accessing illegal sites, as most gamblers do not make money. Therefore, purchasing local, legally regulated lotteries is the best choice.

2. Local—Underground Credit Sites

Localized Service   5 stars

Safety Factor    3 stars

Profit Margin   3

This has legal risks and is locally illegal. Examples include Singbet and Citibet (horse racing) in mainland China, and underground betting in Taiwan. These are usually introduced by acquaintances and operate on a credit-first, settle-later model, within a closed system. Be cautious of being scammed online.

Singbet has several levels, and the normally operating books currently prefer to do scratch-off business, aspiring to challenge the highest win rates in the industry. Except for major events like the World Cup or top-tier events, it is not recommended for retail users.

3. Regulated Market Custodial Accounts

Localized Service   5 stars

Safety Factor    3-4 stars

Profit Margin  4.5

If you have friends residing long-term in legal states in the USA, Spain, the UK, or other legal countries, they can open accounts like Bet365, Betfair for you, and you can still enjoy the convenience of 365's services. It is not recommended to seek account usage rights from African brothers (Nigeria, Kenya), which are prone to scams and poverty.

4. Offshore Brokerage Accounts

Localized Service   2-3 stars

Safety Factor    2-4 stars

Profit Margin   4

The website Betinasina, popular among tennis fans, aggregates effective markets for football, tennis, etc., and their brokerage market caters more to European and Asian users. It has machine-translated Chinese support and supports cryptocurrencies.

5. Chinese Service, Mixed Regulated and Offshore Markets

Localized Service   2-3 stars

Safety Factor    2-5 stars

Profit Margin   3-4

1Xbet

Russia's 1Xbet and the Netherlands' Pinnacle operate in both regulated and offshore markets. 1XBet's marketing has reached worldwide, comparable to 365 in terms of betting options. They have Chinese support, but their page UI and app are poor, typical of internet companies' stakes. Other brands like 22Bet and 10bet can also be categorized here.

Pinnacle

Pinnacle is currently the sharpest betting company, an alternative in sports betting with the deepest betting limits for mainstream events. However, cryptocurrency deposits and withdrawals are subject to buying low and selling high, earning a spread, which is quite disgusting.

These companies generally offer more international cryptocurrency options, at least having Bitcoin, Ethereum, and USDT/USDC payment channels, catering to a certain non-Chinese-speaking clientele.

6. English Offshore Casinos

Localized Service   1-3 stars

Safety Factor    2-4 stars

Profit Margin   2.5

They actually offer Chinese language services, operating almost globally.

Stakes

They are well-known in the casino industry, also currently the fastest-growing cryptocurrency platform globally.

BC.game

The situation with BC.game is similar to Stakes, suitable for those who occasionally enjoy playing small casino games

Sportsbet is a Bitcoin gaming platform, with a website name prioritizing sports, but it should be categorized under casinos, with many activities related to casinos.

They are called casinos because their games are the main source of income. Sports betting comes second and may be more likely to be restricted.

7. English Offshore Sports

Localized Service   0 stars

Safety Factor    3-5 stars

Profit Margin    4.5

4Casters is a North American sports and fighting exchange with a 1% transaction tax.

Only available in English, using mainstream cryptocurrencies like Bitcoin, Ethereum, and ERC-20's USDT. Their main clientele is in the USA.

They offer great value in the North American sports and fighting markets, best price anchored to Pinnacle's profits. (Highly recommended)

If you use Pinnacle's implied odds (juice odds) of 5% to place orders on 4Caster, it's a strategy worth trying.

The website uses invitation-only registration, you can copy the link to join the MLB season, they only charge a 0.75% transaction tax https://4casters.io/sign-up/bluegirls

Bet105

A clone site modeled after Pinnacle, with relatively lower limits. It offers higher odds than Pinnacle during major events, such as NCAA's March Madness at 1.973, Premier League, La Liga at 1.973 odds, etc.

The market limits are mainly focused on high-profile leagues, with non-football markets mainly being North American sports.

It offers English, Spanish, and French, with high popularity in the Americas and Europe. It's in the promotional phase, with lots of marketing and opportunities for gains, recommended for everyone to try.

8. Decentralized Prediction Platforms

Localized Service   0 stars

Safety Factor    2-4 stars

Profit Margin   4

Polymarket is the largest decentralized prediction platform, they have some North American league sports operations, including some live betting attempts. This site is blacklisted in Taiwan, use with caution. Polymarket.com

9. Asian Offshore Market—Southeast Asian Operators

The Asian gambling offshore market is where grey and black funds converge the most, and also where the use of cryptocurrency is most uniform, namely USDT settlement.

The advantage is understanding the preferences of Chinese-speaking area customers, emphasizing localized service. However, in terms of financial safety, it is more prone to issues compared to other options.

Localized Service   3-5 stars

Safety Factor    1-3 stars

Profit Margin   2.5

Kyushu Series

Friendly to Taiwanese users, Kyushu also stopped operations in Taiwan last year due to money laundering. Currently, mainland China may require an invitation from a friend to register, I don't know much about it.

Easywin

An extremely old brand, with fewer project varieties, previously the old guys said NBA depth was okay.

188bet

188 is a classic old brand, its value is not much different from Singbet.

World Alliance

Asian operations of Betway, Wade, and William Hill. Except for Betway, which is doing well internationally, the others are quite poor.

Open Cloud Series

A bunch of them, easy access to dirty money.

Others (Paradise, Lucky Block, etc.)

A bunch of them, well.

If even the basics of 365 cannot be achieved, it must be completely excluded. Especially for users in the mainland China market.

Currently, advice is only given to the Chinese-speaking markets of mainland China (CCP), Hong Kong (Hong Kong), Singapore (Singapore), Malaysia (Malaysia), and Taiwan (Taiwan).

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Bet365 quietly withdraws from China? Platform ceases services, withdrawal channels to close soon.

Bet365 quietly withdraws from China? Platform ceases services, withdrawal channels to close soon.

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