The different types of bookmakers

Understanding how Asian bookmakers work

Asian bookmakers operate in a similar way to other bookmakers, but they have some key differences in their offerings and business practices. Firstly, Asian bookmakers tend to offer more competitive odds than European or American bookmakers. This is partly due to the fierce competition between different Asian bookmakers, who are often based in countries where the sports betting market is highly competitive.

In addition, Asian Bookmakers tend to offer more diverse betting options than Western bookmakers. For example, they can offer bets on sporting events that are not as popular in Europe or America, such as traditional Asian sports like Muay Thai or kabaddi. Asian bookmakers also tend to be more innovative in their approach to sports betting. They may offer more advanced live betting features, special event betting and more generous promotions to attract customers.

However, there are also risks associated with Asian bookmakers. Some of them may not be properly regulated, which can make them less reliable than European or American bookmakers. In addition, it can be more difficult to find information about Asian bookmakers for Western customers, as most of their activity is concentrated in Asia.

How do I access Asian sports betting sites?

You need to use a specialised service called a sports betting broker (details here). Here are those that the Irish can use:

It is important to do your research before choosing an Asian bookmaker to ensure that they are regulated and reliable. It is also important to understand the cultural differences and business practices of Asian bookmakers to avoid any confusion or misunderstanding when placing bets.

Asian Bookmakers

Bookmakers who authorise betting exchange

Bookmakers who allow betting exchange, also known as exchange betting platforms, allow players to bet directly against each other, rather than against the bookmaker. In practical terms, a player can offer odds for a sporting event they wish to bet on, and another player can accept those odds and bet against them. The bookmaker simply facilitates the transaction by taking a commission on the winning player's winnings.

To access sports betting exchange platforms from Ireland, you need to register with a broker who will give you legal access:

Exchange betting platforms often offer more competitive odds than traditional bookmakers, as players can offer higher odds to attract punters and recoup commission on winnings. In addition, exchange betting platforms can offer more flexibility for punters, as they can decide what odds they want to bet at.

However, it is important to note that exchange betting platforms can be riskier for punters, as they have to bet against other players rather than the bookmaker. If a player cannot find another player to accept their odds, they will not be able to place their bet. In addition, exchange betting platforms may have restrictions on bet amounts or specific odds requirements. It is therefore important to read the terms and conditions before signing up.

Finally, it is important to note that betting exchange may not be legal in all countries. It is therefore important to check the laws and regulations in force in your country before signing up with a betting exchange platform.

Bookmakers who authorise betting exchange