Sports betting in Korea – foreign bookies vs the sports TOTO. It is already popular in Uk, Italy and other places like in European countries where tens of millions of sports fans are participating in similar games such as Football pools, Totocalcio and La Quiniela every week. In Asia, it is actively being implemented in Korea, China, Japan and Singapore.
Article 246 of the Criminal Act states that any person caught engaging in any betting activity for the purpose of earning a profit is punishable by a fine of not exceeding five million won. Gambling activities for momentary pleasure are allowed. Those who are categorized as habitual gamblers can receive a prison sentence of up to three years or be required to pay a fine amounting to 20 million won. The said betting regulations are applicable to all Korean citizens regardless of where they play. The law applies even though the gambling activity is done outside the country’s borders and are strictly implemented to the dismay of many. Koreans face fines and prison sentences even if they engage in gambling activities in Macau or Las Vegas. To date, it is legal to gamble on bicycle racing and horse racing and to bet on basketball, baseball, football, golf, volleyball, and Ssirum, a traditional wrestling regarded as the national sport of the country. The locals can also try their luck in several lotteries. Koreans can legally bet on football, volleyball, basketball, baseball, golf, and Ssirum in two ways: Sports Toto or pari-mutuel betting and Sports Proto or fixed odds betting. In Sports Toto, the punters can place their bets into a pool. Half of the pooled bet accounts for operation costs, duty, and profit margins while the remaining half is paid to the winner of the bet.
There are two different options to bet on the internet. The first is Asian bookies which support Korean language, offer accounts in South Korean won (KRW) and accept local bank transfer with no fee. www.dafabet.com is the easiest Asian company to deposit with. You can register an account, click live chat and ask the operator for their bank details. Then simply transfer the money via online transfer. If you only bet soccer (football) Asian bookies are a great option. You will find all the Korean leagues, plus English Premier League (EPL), La Liga, Serie A, Bundesliga, and all others. You’ll find tennis and American sports such as NBA basketball and MLB baseball are covered too. If you are however interested in betting other Korean sports such as basketball, baseball and volleyball you will probably be disappointed by the fact these are not well covered (if covered at all) by the major Asian bookies.
Basketball Toto offers unique games that are not found with regular online betting companies. The main game deciding in 14 matches whether home team wins by 6 or more, away team wins by 6 or more or neither team wins by six or more. The other two games are picking the correct score in 2 or 3 matches, or predicting the first half and final half score in a single match. As far as sports lottery is concerned neither is that poor of an option. Baseball Toto is also unlike regular wagers online. The main game is predicting the number of home runs and the number of runs scored separately for each team in 4 games. There’s also a game where you can try to predict the correct score in 2 or 3 matches. Another game lists all teams playing that day and you choose which three will have the highest scores. Finally there is single match toto which is predicting the match’s final score and number of home runs for each team. Considering online baseball betting has the lowest margins of all sports, the odds for baseball toto in Korea are extremely poor compared to those available with foreign bookies.
Official Info : The Sports Betting Business is a national project that was introduced in October 2001 in accordance with the National Sports Promotion Act. It is a public service project aimed to successfully host the 2002 FIFA World Cup Korea/Japan and for the development of national sports leisure and sports fund. Ktoto operates as a exclusive licensee of the sports betting business in Korea by the consignment contract with the Licensor, Korea Sports Promotion Foundation (KSPO). The sports betting (Sportstoto) is an advanced sports leisure activity that enables winning prize for accurate prediction of game results of Soccer, baseball, basketball,volleyball, golf and etc. The products are divided into pari-mutuel type of ‘Toto’ and Fixed-odds type of ‘Proto’. The Funds raised through the sports betting business are transferred to the Korea Sports Promotion Fund to be used in variety of Sports promotion projects, such as a support for various international sports events held in Korea as well as professional sports, physically challenged sports, grassroots sports contributing to development and vitalization of Sports in Korea.
South Korea is a country with a blossoming Bitcoin scene and authorities do not restrict the use of Bitcoin in the country. A number of news pieces were published June last year about a South Korean Bitcoin gambling company, Satoshinori beta testing its products meant to cut the firm a piece of the estimated $49b East-Asian online gambling market (illegal included)*. The company would’ve operated under the same assumption as many other Bitcoin casinos – namely, that as Bitcoin is not a currency, therefore Bitcoin gambling is legal, or at least not explicitly illegal, even in countries with laws otherwise prohibiting online gambling.
인터넷에 내기하는 옵션에는 두 가지가 있습니다. 첫 번째는 한국어를 지원하고, 원화 (KRW)로 계정을 제공하고, 수수료없이 현지 은행 송금을 수락하는 아시아 지역의 서적입니다. www.dafabet.com은 아시아에서 가장 쉽게 입금 할 수있는 회사입니다. 계정을 등록하고 실시간 채팅을 클릭 한 다음 운영자에게 은행 세부 정보를 요청할 수 있습니다. 그런 다음 온라인 송금을 통해 돈을 송금하십시오. 축구 (축구) 만하는 경우 아시아권 우승자는 좋은 선택입니다. 잉글랜드 프리미어 리그 (EPL), 라 리가, 세리에 A, 분데스리가 등 모든 한국 리그를 찾을 수 있습니다. 테니스와 NBA 농구, MLB 야구와 같은 미국 스포츠가 있습니다. 그러나 농구, 야구, 배구와 같은 다른 한국의 스포츠에 베팅하는 데 관심이 있다면 주요 아시아 지역의 독점 판매업자들에 의해 잘 다루어지지 않은 사실에 실망 할 것입니다. 안전놀이터
한국의 온라인 스포츠 베팅 : 스포츠 베팅의 유일한 법적 형태는 스포츠 토토 (Sports Toto)와 프로토 (Proto)이며, 한국 경마대가 제공하는 합법적 인 경마 베팅이 있으며, 이들 중 누구도 온라인 플랫폼을 가지고 있지 않으며 외국 온라인 북 메이커 기소 된 경우 기소되지만 거의 발생하지 않습니다