Skrill allows punters to be anonymous, secure and conveniently move money across accounts with different bookmakers. The company has been around since the early 00’s and has a great reputation. Like PayPal, Skrill is an e-wallet and online payment service that many bookmakers accept. This makes it easy for you to execute fast, secure payments so you can get on with making bets.Īnother popular choice for funding online betting in Malaysia is Skrill. Most of our recommended sites allow deposits and withdrawals through PayPal. This well-known site is also the first choice for many people who use sports betting sites.ĭuring their research, our expert team found the sites with the best banking options. One of the most popular money transfer services in the world is PayPal. There are loads of great banking options for Malaysians. However, at this time betting from Malaysia is still illegal, though the risk is small.

The upsides are massive tax revenue, taking money out of the hands of organised crime and potentially reducing match-fixing scandals. Due to a backlash from some parts of the Malaysian public, this never materialised, however, there are large parts of society that would like new laws to be introduced. In 2010, a company called Ascot Sports were rumoured to be the given the first licence for legal sports betting in Malaysia. Both brick-and-mortar and online casinos are also very popular with Malaysians. The simple reason for this is that approximately RM 1 billion is wagered by Malaysians each and every day on football matches. There’s a big push in Malaysia to change the law to allow legal betting on football. The good news is there is no shortage of legitimate foreign betting sites that accept bets on football in Malaysian ringgit (MYR).īefore getting into the topic, let me quickly put your mind at ease regarding the laws. Online Sports Betting Malaysia – The LawsĪs highlighted above, football betting is very popular in Malaysia.

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