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The Different Types of Sports Betting
Sports and esports betting in Malaysia is an activity that one predicts the result and places a bet on the outcome of the game. In this section, we will introduce you to a few types of sports betting available in Malaysia. For more details on Malaysia sports betting tips, you can always refer to Enjoy11 online betting Malaysia blog page. In there, we will have articles, reviews or tutorials that might help you in your online betting Malaysia journey. The following types of bet you can wager on:
- Fixed Odds Betting
- In play or also known as Live Betting
- Exchange Betting
- Spread Betting
- Over / Under Bets
- Parlay Bets
- Total Line Bets
- Money Line Bets
Tips for Sports Betting Tips and Strategies
It might be helpful to you to have some tips and strategies to guide you when you wager on any sports and esports betting in Malaysia. You may be able to increase the chance of winning by the following guide and advice as listed below. This is not a guarantee of winning tips but you can refer as a reference to help you as a beginner when you participate in any sports or esports betting Malaysia.
- Build and manage your bankroll to make sure you have enough funds to start wager on any sports and esports games in online betting Malaysia.
- Choose the best sportsbook for the best lines. Enjoy11 online betting Malaysia is your best choice!
- Knowledge is essential. Learn and study the types of wager before you bet with your real money.
- If you lose on a bet, accept the fact and move on. Do not chase your losses.
- Set a limit on your wagers, keep a small amount of betting to limit potential losses.
- Don’t drink while you gamble, your decision might be affected by the alcohol.
Malaysia Popular Sports to Bet in Sportsbook
Football
Football (a.k.a. Soccer) is the most popular sport from around the world and also in Malaysia. Football betting online goes hand in hand with watching games. You can place football bets on the well-known football leagues and cup tournaments like Premier League, La Liga, FIFA World Club, Serie A, Bundesliga, European Championship, and UEFA Champion Leagues. Don’t worry, gambling winnings in Malaysia will not be taxed when you stake with Enjoy11 online betting Malaysia for sports.
Tennis
Tennis is the second most popular sport in online betting Malaysia. Tennis is a sport in which people usually play individually against an opponent (singles) or played by 2 teams of 2 players (doubles). Each player hits a tennis ball with a racket, with the goal of hitting the ball into the opponent's court. You can place your tennis bet at tennis leagues like Australian Open, Wimbledon, International Premier Tennis League, ATP tour, and French Open.
Basketball
Basketball is a team sport that consists of two teams, each with five players, with the goal of shooting the ball into the basket. People usually bet on the popular basketball leagues like National Basketball Association (NBA), Euro League, Chinese Basketball Association (CBA), FIBA and Asean Basketball League. As the best sports betting sites on the internet, we want you to win. Hence, you can always check out of sports betting tips to guide you in your gambling experience. Also, take time to study our guides that cover almost every gambling topic that you need.
Badminton
Badminton might not be as popular as football, but this is another favourite sport to bet on for Malaysian. Enjoy11 online betting Malaysia is the best sports betting site to bet on badminton as our betting coverage popular tournaments including BWF World Championships, Premier Badminton League, China Open, Badminton Asia Championships, Olympic Games, and Commonwealth Games.
Rugby
Rugby is a team sport that is played by 2 teams of 15 players each and is widely played in France. Rugby has a strong fan base in Malaysia. Rugby's biggest tournament is the Rugby World Cup, which is held every four years.
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Other than these, you are also able to bet with popular sports in Malaysia like baseball, volleyball, ice hockey, golf, snooker, horse racing and any sports you like at Enjoy11, the best online betting Malaysia site for sports and esports that you can’t negate.
Popular Best Esports Betting in Malaysia
In addition to these sports events and competitions, you can also enjoy the best esports betting in Malaysia that has become popular in recent years. Esports tournaments have attracted a lot of audiences and the prize pools of each esports game are increasing every year. There are a lot of online betting Malaysia sites for sport betting, but not every site offers players the options to bet on esports.
Betting at Enjoy11 is not just about sports, but can also experience the best online esports betting site in Malaysia. Do you know what are the popular best esports betting Malaysia in Enjoy11? The leading best esports games that we covered in Enjoy11 online betting Malaysia include Dota 2, Overwatch League (OWL), LOL World, StarCraft 2 World Championship Series (WCS) and many interesting esports games you can bet on in 2020.
These e-sport tournaments have outstanding ratings and engagement over the past few years. If you are new to Malaysia best esports betting, you can start betting on these esports tournaments. Now you’ve known that you can enjoy not only the excitement of sport betting, but also esports betting in Malaysia. So, are you ready to start your betting journey? Bet on your favourite now!
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Summary Review of Betting in Sports and Esports Malaysia
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BOSTON — Allowing adults 21 or older to bet on professional sports in person and online in Massachusetts would generate meaningful, but not game-changing, revenue for the state, a key senator said Monday as he highlighted a bill that’s the product of nearly three years of study and consideration.
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“If done correctly, the idea here is to bring sports betting into the daylight, legalize it and, in a real-time way, monitor it so that potential violations or problems can be quickly identified and dealt with and it’s really going to be about partnership between these operators and the Gaming Commission to ensure that the whole process is done as safely as possible,” said Sen. Eric Lesser, who chairs the Committee on Economic Development and Emerging Technologies for the Senate.
While 25 other states, including neighboring Rhode Island, New Hampshire and New York, have already authorized gamblers to place legal bets on sports, Massachusetts has been considering whether to similarly legalize betting since the U.S. Supreme Court in May 2018 ruled that the nearly-nationwide prohibition on sports wagering was unconstitutional and gave states the ability to legalize the activity.
“Massachusetts has taken a fairly cautious approach, especially compared to some of our regional peers in the states nearby us. When it comes to this, I think that that’s probably been correct because we’ve now been able to really learn from what a lot of states, especially states in the Northeast, have done over the last couple of years,” Lesser said Monday.
The senator’s bill (SD 2365), which is one of about a dozen similar pieces of legislation filed by last week’s deadline, would put sports betting under the auspices of the Massachusetts Gaming Commission and would create three distinct sports betting license types to allow betting at casinos and the slots parlor, at live horse racing tracks or simulcast centers, and through mobile or online platforms. Bettors would have to be at least 21 years old and be physically present in Massachusetts.
The bill also includes consumer safeguards to protect against problem gambling similar to those provisions put in place for casinos when Massachusetts expanded gaming in 2013, like allowing gamblers to add themselves to an exclusion list and requiring the Gaming Commission to produce regulations around compulsive and problem gambling. Lesser said one of the key consumer protections is a prohibition on betting with a credit card.
“The vast majority of people are looking to just have some fun. It’s a form of recreation to bet on their favorite sports team. But we do know, of course, that there are people that might have addiction issues, might have problems,” he said. “We don’t want to see a situation where somebody with the swipe of their finger on their iPhone, because of an addiction or another problem, is racking up massive, massive credit card bills that they wouldn’t be able to repay.”
Prop bets — wagers on things other than the outcome of the game, like how many strikeouts a pitcher will record in a given game or which football team will win the opening coin toss — and in-game betting would be allowed under Lesser’s bill, but it would require the Gaming Commission to hold a hearing on those types of bets and to put some guardrails on them. No wagers would be accepted on individual athletes who are using wearable technology or if the wager involves players’ personal medical information or biometric data.
“This kind of came to light in conversations with players and with players associations. For example, it might be soon possible to have a jersey that could transmit somebody’s heart rate or pulse, or blood oxygen level in realtime to somebody who could then place a bet based on that biometric information,” Lesser said. “We felt like that was a bridge too far.”
The state’s casinos and slots parlor — MGM Springfield, Encore Boston Harbor in Everett and Plainridge Park Casino in Plainville — could apply for a Category 1 license which would allow them to offer an in-person sportsbook and take bets through as many as three mobile apps. It would cost at least $1 million to apply, then $2.5 million upon approval of a license and another $1 million every five years as a license renewal fee.
In all cases, the application fees would go to the Gaming Commission to cover the costs of investigations into applicants and ongoing regulation, while the license fees and renewal fees would go to the state’s general fund. Lesser’s bill would allow the Gaming Commission to increase the application fees.
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Category 2 licenses would be for existing horse racing tracks and simulcast centers. The license would allow for an in-person sportsbook and partnership with one mobile app, but the facility would have to maintain a racetrack, put the sportsbook at that track and hold at least 50 live race days each year.
Though there have been several plans in recent years to try to revive Thoroughbred horse racing here — including a recent push involving the New England Horsemen’s Benevolent and Protective Association and a potential racing facility in Sturbridge — 2014 was the last year that there were a significant number of live racing days anywhere other than Plainridge Park and the track at the slots parlor was the only entity to seek a racing license for 2021.
The application fee for a Category 2 license would also be at least $1 million and the license fee would be $1.5 million with a $500,000 renewal fee every five years.
Lesser’s bill would also permit up to six Category 3 licenses, which would be available through “an open and competitive selection process” to companies that want to offer sports betting through a mobile app or another digital platform that the Gaming Commission approves. Those licenses would be much more costly: at least $2 million to apply, $7.5 million to be licensed and $3 million to renew every five years.
Those online-only operators would also be taxed at a higher rate. Lesser proposes taxing sports betting revenue of Category 3 licensees and daily fantasy sports providers at 25 percent. Category 1 and 2 licensees, which would have a physical presence that in turn could produce local jobs, would be taxed at a rate of 20 percent.
Lesser said Monday he does not have a precise estimate for the annual revenue his bill could generate but said he thinks somewhere in the $30 million to $35 million range “is probably right.” Baker’s fiscal year 2022 budget assumes the state will take in $35 million in sports betting revenue between July 1 and June 30, 2022.
Opponents of legal sports betting have questioned whether that relatively small annual revenue amount is worth the public health and social costs of bringing sports betting out of the shadows. By comparison, the state has collected an average of $20.7 million in tax revenue from the casinos and slots parlor each month of operation since Encore Boston Harbor opened in 2019 and is on pace to collect about $250 million annually.
“It’s an important amount of money for us to capture. It’s not going to be a panacea to the state’s budget issues and it’s certainly not going to be something that you can balance the state’s budget on. Viewing sports betting as a way to balance the budget or viewing sports betting as a way to generate substantial revenue for the commonwealth is really just not accurate,” Lesser said. “It’s going to be significant and helpful, but it’s not going to be, for example, anywhere near the scale of what [expanded gaming] was or what the Lottery currently is, which is over a billion dollars a year.”
The Massachusetts Lottery has been watching the Legislature’s moves around expanded betting with great interest. For years, Treasurer Deborah Goldberg and Lottery officials have argued that the Lottery needs the ability to sell its products online in order to compete with casinos, daily fantasy sports and, possibly soon, sports betting. The Lottery generated a net profit of $986.9 million last budget year, money that is used to fund state local aid to communities.
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“If sports betting is available online, the Lottery must be available online also,” Goldberg said in 2019 when the Legislature was in the early stages of considering sports betting. “That’s the issue moving forward.”
Lesser said Monday that he does not necessarily agree that the two activities should be linked, though he said he is personally supportive of “moving towards some level of online product for the Lottery.”
“I think that’s just where the world is heading,” he said. “Other states like Michigan, I think, have shown it can be done successfully and can be done in a way that protects our brick-and-mortar retailers and small convenience stores, which is also a big priority.”