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Best Sports Betting Sites in Vietnam

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Vietnam may be home to almost 100 million people but the country’s betting laws do not reflect the enormous amount of potential punters, with gambling almost entirely banned for Vietnamese citizens and the state-run lottery representing the only legal form of wagering in the country.

However, when it comes to legal sports betting sites, while it may be against the law to set one up within Vietnam that doesn’t mean you can’t take advantage of top betting sites that are regulated outside the country, with some of the best betting sites available to Vietnamese bettors available at the click of a button.

In this article, we will break down exactly what you need to know if you want to place a wager with a sports betting site, including the top choices, free bets and bonuses available for Vietnam bettors, which websites offer deposits in Vietnamese dong and which ones support local payment methods such as MoMo.

So let’s get to it!

How we rank the best online betting sites in Vietnam

When it comes to identifying the best betting sites available to Vietnamese bettors, it’s really important to judge them by an extensive set of criteria that covers all of the things that really matter.

  • Reputation – In countries such as Vietnam where the only sportsbooks available are those that are regulated outside of the country, it can be easy for new betting sites that are not legitimate to trick unsuspecting punters into signing up with them. So one of the key elements in any list of betting sites must always be the trustworthiness of both new betting sites and the more established sportsbooks. You can be 100% sure that any of the sport betting sites featured on this page is safe and reliable, and as one of the biggest and best betting sites in the world, bet365 certainly fits that profile.
  • Language – Despite the fact that many Vietnamese people can speak and understand English, some bettors may prefer sites such as Dafabet, MELbet and BK8, that offer Vietnamese language versions.
  • Promotions – The best betting sites feature new customer deals to encourage punters to bet with them, but many bettors are just as interested in ongoing offers such as free bets, odds boosts and reward programmes. And when it comes to betting sites promotions, few of the best betting sites can match the selection offered by BK8, with a generous new customer deal, loyalty bonuses, cash rebates and an attractive VIP programme.
  • Features – Extra features such as Bet Builders and Live Streaming are hugely popular with punters, but are not widely available at the best betting sites available to Vietnamese bettors. So when top betting sites such as ShangriLa and bet365 can offer these benefits it can often tip the balance in their favour when punters are choosing new betting sites.
  • Betting Markets – Basketball, futsal and even Australian rules football are very popular sports in Vietnam. So any of the best betting sites hoping to appeal to Vietnamese punters will need to include those markets, as well as the traditional big hitter of football. And with that in mind, 1xBet and 22Bet are highly recommended when it comes to their range of betting markets.
  • Usability – Navigating your way around a site quickly and effectively and being able to find the sports and markets you want to bet on are key considerations for any punter. And in our opinion, Dafabet is a perfect example of one of the new breed of user-friendly sites for betting.

Key features of the best sports betting sites in Vietnam

Here is a quick comparison of the different features that are available at the best Vietnam sites for betting:

Sportsbook In-Play Betting* Live Streaming Cashout Betting App
bet365
ShangriLa
22Bet
Astekbet
MELbet
1xBet
BK8
BetWinner
MyBookie
Dafabet

Best online sportsbooks in Vietnam 2022 by category

🏆 Best Overall Betting Agency 1xBet
📊 Best New Sportsbook Astekbet
💰 Best Special Offers BK8
📺 Top for In-Play bet365
⭐ Strongest Security bet365
📱 Best Betting App BK8
🧩 Top Special Features 22Bet
💰 Range of Payment Methods 1xBet
🔁 Best Value Odds bet365
⚽ Top for eSports Betting MELbet

International betting sites that accept Vietnamese players

With no legal sports betting sites based within the country, Vietnamese bettors have no choice but to visit an offshore sportsbook, but luckily there is a good selection of legal sports betting sites based outside Vietnam, all regulated by reputable bodies and trusted by thousands of punters worldwide. And having a bigger selection of the best betting sites at your fingertips is advantageous because you can pick and choose which site works best for you when it comes to special offers, deposit methods and the range of sports.

Types of welcome bonus offers available in Vietnam

One of the biggest advantages of creating a new account at an online sportsbook is that you will nearly always receive a welcome deal, which will vary in amount depending on which one of the best betting sites in Vietnam you are dealing with. And to complement our list of betting sites, here is a quick look at some of the different types of welcome offers you can expect from Vietnamese sports betting sites:

Deposit Bonus

The most common welcome offer is the deposit bonus, where a certain percentage of your first deposit is matched in the form of a free bet, usually 100% but sometimes less. There are some very generous betting sites promotions out there but beneath the surface there are always conditions that need to be met in order to withdraw any winnings. And in our experience the better the deal the harsher the conditions, so you must always read the terms and conditions before you sign up.

Top Deposit Bonus Welcome Offers in Vietnam

  1. Dafabet – Deposit bonus of up to VND 5,400,000
  2. 22Bet– 100% Match, Up To VND 3,000,000
  3. 1xBet – 100% Match, Up To VND 2,500,000

Free Bet

Another new customer offer is the free bet, where you will be rewarded for your initial deposit with a complimentary wager. Usually, you will only need to deposit a certain amount of money to qualify but sometimes you will have to place a bet too before you can receive your reward. However, a big advantage is that unlike match bonuses it’s more common to be able to keep the winnings from the free bet without any further betting requirements.

Risk-Free Bet

Risk-free bets are rarer but do occasionally feature on some of the best betting sites. When you place a wager you don’t have to worry if it loses because you will get your stake returned to you in the form of a free bet. Some bettors like to use this as an opportunity to place a bet at a large price in the hope of securing a big payout, knowing that if things don’t work out it won’t have cost them anything.

One thing to remember though is that when you want to use your free bet there will usually be a minimum price you need to wager at, but on the plus side there aren’t usually any wagering requirements to get your hands on any winnings.

Key bonus terms

It’s really important to know some of the key terms associated with new customer offers, so you can be aware of exactly how good a deal is under the surface and what you need to do to qualify.

  • Minimum Deposit – There will often be a minimum initial deposit you will need to make in order to get your hands on a new customer deal.
  • Minimum Bet – Sometimes you will need to make a minimum bet in addition to a minimum deposit, and the important thing to remember is that often these two amounts won’t be the same, so for example you may be required to deposit a minimum of VND 1,000,000 but wager at least VND 1,500,000.
  • Minimum Odds – Your qualifying bets will frequently need to be placed at a minimum price in order to receive your bonus. These odds will usually be around even money (Evs) in fractional, or 2.0 in decimal odds. In addition, minimum odds can often come into play when you want to place a wager with your free bet.
  • Wagering Requirements – When it comes to deposit bonuses there will often be wagering requirements (sometimes called rollover requirements) such as 10x, 20x, 35x. This doesn’t mean you have to make this number of bets, just that you need to wager this amount multiplied by your bonus before you can withdraw it. So for example, if you have a VND 2,500,000 bonus with a 10x wagering requirement you will need to place VND 25,000,000 in bets before you can get to your money. It’s always important to know what the wagering requirement is at the top betting sites because the higher it is, the harder it will be to put a run of successful bets together without losing it all!
  • Expiry Period – The bonus funds or free bets that you get will nearly always have some sort of expiry date, generally seven days but sometimes up to 21. If you do not use them or meet your wagering requirements within this time period, your bonus funds will disappear.
  • Cap on Winnings – Certain offers will have a cap on how much real money you will be able to win.
  • Eligibility Markets – When placing a qualifying bet or using a free bet, there are often certain types of betting markets and types of bets that will be excluded, such as bet builders or price boosts.

How to choose the best betting sites in Vietnam

Even taking into account the key features of the best betting sites in Vietnam it can be tough narrowing down a shortlist of options. However, there are some additional questions you can ask yourself so that you can quickly figure out which sportsbook is the best fit for you!

Are Vietnamese bettors accepted?

While there are ways to access the best betting sites that may not be accessible in Vietnam, many Vietnamese bettors much prefer to sign up to the best betting sites that accept new customers from their own country.

Are Vietnamese Dong offered as an account currency?

Not all of the sites available to Vietnamese bettors accept Vietnamese dong as an account currency, although some sites such as BK8, 1xBet and Dafabet do offer that service. However, thanks to e-wallets such as Skrill you can easily convert your funds into US dollars, Euros or even pounds and then deposit that way. However, the downside is that e-wallets can be quite expensive as they charge fees to deposit and convert currency, and sometimes your bank will charge you as well!

Are local payment methods accepted?

With over 23 million users, MoMo is the most popular e-wallet in Vietnam, but the only one of our featured sites that accepts it is 1xBet. However, if e-wallets are your preferred deposit option, Skrill and Astropay are available at pretty much every Vietnamese sportsbook we have encountered.

Does the betting site feature local and national sporting events?

Being able to place a bet on the English Premier League is a given on any of the best betting sites available to Vietnamese bettors. However, some punters may be fans of the Vietnamese Futsal League or other national sporting events, so any site looking to appeal to the Vietnamese market should feature these types of betting markets.

Sports markets available to Vietnamese bettors

All of the best betting sites will offer markets on the most popular sports such as football and tennis. However, with basketball, futsal and even Australian Rules Football being popular with Vietnamese bettors, whether a sportsbook features those sports will often be a huge consideration.

Best Football Betting Sites

Sports Betting Sites in VietnamVietnam is a nation of football lovers that like nothing better than placing a bet on the English Premier League, the World Cup, the Champions League and much more! And the enormous amount of markets offered on the best football betting sites also provides a golden opportunity to make a profit.

Football Betting Tips: “Prop” bets such as wagering on a particular player to have more than two shots on target or to make more than three tackles are a common feature of all the best betting sites. And they are a popular bet because you are only reliant on the performance of one player, rather than the overall match result. 

CS:GO Betting Sites

Sports Betting in Vietnam

There has been an explosion in eSports in Vietnam in the last couple of years, with the number of active gamers increasing to over 18 million and engagement with eSports tournaments on social media rising enormously. One of the most popular games is Counter-Strike: Global Offensive (commonly known as CS:GO), a military-themed multiplayer first-person shooter. And there are many CS:GO betting sites that will also feature a huge number of other eSports games.

CS:GO Betting Tips: If you’re going to bet on CS:GO, you should watch as much as you can so you can grow your understanding of the game. Even more importantly you will also learn a particular team’s playing style and strengths and weaknesses, which will help you to select the most profitable wagers.

Where to find the best betting odds

You are never going to be able to find a sports betting site that has the absolute best betting odds for every single market, as some may be average when it comes to NBA online betting but may be best in class for CS:GO online betting, for example. However, some operators do manage to consistently deliver strong sports betting odds across the board. Here are some of the online betting sites with the best betting odds:

  1. bet365Deposit bonus of up to $60
  2. Dafabet – Deposit bonus of up to VND 5,400,000
  3. MELbetDeposit bonus of up to VND 2,300,000

Payment methods available to bettors in Vietnam

Sports Betting Vietnam paymentsThere are many different ways that bettors in Vietnam can add funds to and make withdrawals from their preferred sport betting sites, and here are some of the most common payment methods you will encounter:

Debit Cards and Credit Cards

Nearly all Vietnam online betting sites support payments made through debit cards and credit cards and they will usually need to be from major card issuers such as Visa or MasterCard. 

E-Wallets

E-wallets are a very popular transaction option when it comes to online gambling sites, because of how easy they are to use and the fact that transactions are usually processed quickly and securely. The only downside is that the fees can mount up!

International wallets Neteller and Skrill are widely accepted at Vietnamese sport betting sites and many Vietnamese punters will already be familiar with the hugely popular MoMo, which is far less widely received but certainly available at the best betting sites such as 1xBet.

Bank Transfer

Bank transfers are less popular than debit card deposits because they usually take more time, but for bettors who don’t care about linking their bank and betting accounts, they can be a very safe deposit and withdrawal option. However, there are some operators that will charge you a fee for using a bank transfer and the minimum transaction sizes can often be higher. 

Cryptocurrencies 

Cryptocurrency ownership is on the rise both in Vietnam and worldwide, so many bettors are looking to take advantage of this relatively new payment method. Paying with cryptocurrency is also considered more secure than credit and debit card payments because a customer’s data isn’t stored in a centralized hub where breaches commonly occur.

And with cryptocurrency transactions having a high level of privacy in general it’s no surprise to find that a large number of the best betting sites in Vietnam offer a huge amount of cryptocurrencies as payment methods.

Payment Method Fees Min Deposit Min Payout
Credit Card/Debit Card 0% $10 on average $10
e-wallets 0% (e-wallets will charge you at their end though) $10 on average $10
Bank Transfer 0% (Banks might have a charge) $10 on average $10
Cryptocurrencies 0% 0.0001 BTC 0.00045 BTC

Betting apps & mobile sports betting online in Vietnam

Vietnam is in the top ten worldwide when it comes to the number of smartphone users, and so it follows that a huge number of the Vietnamese population will be fans of betting online through their phones. And many of the best betting sites will have an app you can download to your phone, to enjoy betting on the go. In addition, the best betting sites will also have an optimised site to look at in portrait mode on your mobile web browser.

And here is a look at some of the best operators when it comes to mobile sports betting in Vietnam:

How to open an account at a Vietnam sports betting site

Opening a new account at a Vietnam sports betting site is generally a quick and easy process, where you can be up and running and placing a bet in a matter of minutes. The number of forms you need to fill in will vary from site to site but the information you need to provide will be similar.

Step 1: Visit the website or app

The first step on the path to placing a wager is to head to your chosen sports betting site’s desktop home page or download their app, before clicking on “Register” or “Sign Up”.

1xBet Vietnam Language Home Page

Step 2: Registration

You will need to provide your full name, address, date of birth, contact details, and create a username and password.

BetWinner Registration Page

Step 3: Deposit money

Now you have set up your new account it’s time to deposit some funds. Making a deposit will usually be a simple case of picking your chosen currency and payment method and then you should get access to your funds straight away.

MELbet sports betting site deposit page

Step 4: Start betting

While all sites are different when it comes to their layout, on most sportsbooks you will find the range of sports available either at the top or on the left-hand side of the page. Then it’s just a case of clicking the sport you wish to bet on, choosing the specific match or market and then selecting the price to add to your bet slip.

ShangriLa Main Sports Page

Step 5: Account verification before withdrawing

A lot of the best betting sites require you to provide a photo ID before you can withdraw any funds, and occasionally you might also be asked for the same ID when you sign up. This is a very common measure to make sure stolen cards aren’t being used, to prevent money laundering and also guard against underage gambling.

Vietnam online betting laws

Gambling is almost entirely banned for Vietnamese citizens, with the only exception being the state-run lottery, which is hugely popular but doesn’t exactly provide a wide range of gambling options for Vietnamese bettors! And the situation is made worse by the fact that Vietnam is home to a number of luxurious casino resorts, but for the most part only foreign tourists are allowed in.

However, when it comes to online sport betting the situation is more positive, because while it is illegal to open a new sportsbook within Vietnam there are a number of reputable offshore online sportsbook providers open for business to Vietnamese bettors.

Ultimate sports betting tips

Here at Basketball Insiders we believe that betting should always be an enjoyable and worry-free experience, and all of our years of experience writing about betting has taught us that there are specific sports betting tips you can follow in order to ensure you are gambling responsibly:

1. Bet on sports you know about

One of the biggest mistakes a bettor can make is to regularly wager on sports which they know little or nothing about. Having a bet can make following a sport you like more enjoyable but wagering on things you aren’t familiar with reduces betting to nothing more than a means to make money. And of course if you don’t know much about a sport you are making far less informed betting decisions that are more likely to cost you money.

2. Manage your bankroll

It’s really important to allocate yourself a certain amount of money to bet with over a certain time period and stick to it, win or lose! Then you also need to make sure you are only betting a small portion of your bankroll at any given time, which will help you absorb any bad runs that you may experience. And we would also highly recommend taking advantage of the tools provided by the best betting sites, such as daily, weekly and monthly deposit limits.

3. Take advantage of special offers

As bettors we have no control over the outcome of a sporting event, but what we can do is put ourselves in favourable situations as often as possible, to maximise our winnings or reduce our losses. And one of the main ways to do that is to make sure we are taking advantage of existing customer offers on the best betting sites. For example, accumulator insurance, which refunds your stake if one of your selections is a loser is a good way to boost the price by adding a longer shot in, while taking advantage of bet boosts can also be a profitable play in the long run.

4. Don’t bet when you’re bored

Having a bet can be a fun way to add some extra spice to a sporting event that you’re interested in, but you should always avoid logging on to a betting site just because you don’t have anything better to do, because then you will be in danger of making bad betting decisions based on boredom that could cost you money.

5. Don’t chase your losses

When you’ve lost a bet you may feel a strong urge to try and win that money back as quickly as possible, but it’s really important not to try and chase your losses instantly because it will more than likely lead to you gambling more than you should, betting on an event you know nothing about, or both!

Final thoughts

Vietnamese punters may be severely restricted when it comes to in-person gambling in their own country, but a whole world of wagering is a mere click of a button or a flick of a phone screen away, with some top betting sites to pick from.

However, we appreciate that every person will have different priorities when it comes to their online gambling experience, so the sportsbooks we have featured in this article are not only the best betting sites available to Vietnamese punters but they also offer a wide range of features, no matter what your preference.

So whether you are looking for a sports betting site with eye-catching special offers, one that you can spend your hard-earned crypto on, a site with a huge range of sports to pick from, or one that features a Vietnamese language site, we’re confident that you will find whatever you need.

And now we have taken you through some of the best betting sites available to Vietnamese punters, given you some sports betting tips and talked about how to ensure you are gambling responsibly, all that remains is to wish you the best of luck on your betting journey!

FAQs

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