Vietnam is Southeast Asia's third most populous country and Asia's ninth most populous country, with around 96 million people. Naturally, this creates a massive betting industry. However, it is presently against the law in Vietnam to run a sportsbook.
However, this does not rule out the possibility of betting from within the nation. In reality, if you live in Vietnam, you have access to a plethora of betting sites. Some of these are well-known international names, while others are niche web specialists.
Is Online Gambling Legal In Vietnam
It is illegal for Vietnamese residents to gamble at Vietnam's luxurious casinoresorts, which are solely open to foreign visitors. The sole exception is the national lottery, which is highly popular. Those discovered running illegal gambling dens or internet casinos face terms of up to two years in jail, with possible connections to loan sharks or organised crime. Those caught playing face severe fines, but this hasn't deterred the nation's gamblers, who continue to wager in droves.
Online gambling is also affected by this dictatorial method. In the run-up to Euro 2012, the authorities blacklisted around 200 international gambling sites, forcing residents to use VPNs to access the greatest odds on their favourite teams. While the government's attitude towards sports bettingat physical bookies is changing, it appears determined to keep internet gambling at bay.
Gambling Laws In Vietnam
Gamblers are only allowed to wager on international football matches and tournaments managed by FIFA, according to the current betting laws, which were implemented in 2017. According to the Ministry of Finance, there are few official FIFA-run competitions that haven't attracted bookies.
Gamblers would be able to wager on 27 different tournaments, including European leagues, the Uefa Championship and Champions League, the AFC Champions League and Cup, and the Copa America. The new order would keep the betting limit at VND10,000 per bet and VND1 million each day, and bettors must still be 21 or older. Players must also be free of any criminal records and have no family objections. If you lose or win more than 50 million Vietnamese dongs (approximately $2000 USD) in Vietnam, you could face a prison sentence of 2 to 7 years*, and operators face even harsher penalties. Small-time gamblers are also subject to hefty fines.
Vietnam Gambling Website
It is not difficult to play at online casinos in Vietnam. You may locate casinos in other countries that provide excellent marketplaces and betting options for players. You must conduct due diligence and verify their licences, as well as the casino's fairness certificates and the game suppliers that they utilise. Here are the top ten online casinos in Vietnam, according to top10-casinosites.net, where you can sign up and start your gaming adventure.
- Dafabet
- Spin Casino
- Bet365
- MelBet
- Megapari
- BetWinner
- 888 Casino
- Parimatch
- 22Bet
- Slots of Vegas
Can You Gamble Online In Vietnam?
In Vietnam, gambling is regarded very seriously, and the habit is nearly totally prohibited for Vietnamese nationals; at the moment, only foreign visitors are permitted to visit the country's luxurious casino resorts. The state-run lottery, which is extremely popular across the country, is the lone exception.
Can I Use Bet365 In Vietnam?
Bet365 is one of the greatest betting sites for Vietnamese punters as well as one of the most comprehensive bookmakers in the business. Furthermore, the bookmaker's welcome bonus is now the greatest for Vietnamese bettors.