Is Online Gambling Legal in Indonesia?
While internet gambling is categorically prohibited in Indonesia, the government’s broad approach has left a number of gaps and loopholes. Putting aside the government’s bluster, there is now virtually little to prevent Indonesian residents from accessing sites housed outside the country.
History of Sports Betting in Indonesia
Around 700 years ago, Indonesians were introduced to coin and card games that included betting aspects for the first time. This happened at a period when the Chinese dominated the region. Betting was already popular in China at the time, making it simple for it to expand to Indonesia.
Things began to alter about the 14th century when religion became more prevalent in the region. In Indonesia, this was the start of the confrontation between religion and gaming. A war that continues to rage today.
How do Indonesian Betting Odds Work?
Despite its name, Indonesian odds aren’t just restricted to Asia. It’s crucial to learn how to utilise Indonesian betting odds because it’s one of the most prevalent kinds of betting odds in the world, along with Malay odds.
If you’re already familiar with American odds, that’s a terrific place to start because the two have a lot in common. But don’t worry if you aren’t; our professional tutorial will teach you all you need to know about using indo betting odds!
Here, we’ll show you how to utilise Indonesian betting odds, along with examples to help you understand them:
Positive indo odds refers to bets that pay off with greater odds. If there is either a ‘+’ symbol before the number or no symbol at all, the odds are positive.
The inverse of positive Indonesian bets are negative indo bets. A ‘-‘ mark appears before the numerals to indicate negative indo betting chances.
Fractional (British) odds
Traditional odds are another name for fractional odds. In the United Kingdom, they are commonly employed in sports betting sites. In contrast to American odds, the fractional format is commonly employed at racetracks in the United States. If you prefer to utilise American odds, knowing how to convert fractional odds to American odds is useful. Fractional odds are expressed as a fraction that represents the amount of money that would be paid out in relation to a wager.
Decimal (European) odds
Outside the United States, the United Kingdom, and Ireland, decimal odds are frequently utilised. They inform you how much money you’ll get back if your wager pays off, based on the amount you bet. The total comprises the profit you’ll make as well as the return on your investment. In decimal notation, American odds of +200 become 3.00.
American (Moneyline) odds
A plus or a negative sign precedes the odds in the United States. If the line begins with a plus, it indicates the amount of profit you would receive from a $100 investment if your betting is successful.
Sports Betting in Indonesia – about available betting markets
Indonesia is one of the world’s strangest countries. It extends between two continents (Asia and Oceania) and is made up of a chain of about 17,500 islands separated into 34 provinces rather than being a single mainland. It has strong commercial relations with the rest of Asia as well as a number of Western countries, but despite the fact that several of the islands, such as Bali and Jakarta, are popular tourist destinations, the government has gone to considerable measures to prohibit any kinds of gambling.
Despite the government’s best efforts, online casinos remain extremely popular in Indonesia, with thousands of pounds in bets per day on both sports betting and table games – as evidenced by a new storey in 2010 that revealed two locally hosted online casinos were shut down after reportedly turning over $50,000 per day. Badminton is one of the most popular sports, with a number of others.
Illicit local sportsbooks also provide odds on a range of Asian and Indonesian sports, including the ever-popular Pencak Silat, an Indonesian type of martial arts that has been a feature of the biannual Southeast Asian Games. Sepak Takraw, a type of kick volleyball, is also popular here, with thousands of fans flocking to see the sport every year.
- Sepak Takraw
- Martial Arts
Mobile Betting Options
Since the online casino sector has grown so rapidly in the last five years, targeting mobile customers has become almost obligatory. As a result, every gambling site is either intended to work with most mobile browsers or has specialized applications for a better experience. A few of these websites are listed below.
Deposit options (include info about crypto & e-wallets)
The online sports betting sector is exploding, currently worth over $46 billion per year and growing at a global pace of 10.1 percent per year. Betting on sporting events online has been popular in places such as the United Kingdom since 2005, when the country’s new Gambling Act made it simpler.
Between April 2019 and March 2020, £2.3 billion in remote bets were placed in the UK, led by football (soccer) and horse racing. Meanwhile, the online sports betting business in Asia is over $25 billion and is quickly catching up to the established Internet gambling market.
The currency you choose to load your funds and cash out your rewards is the key distinction between a crypto casino and other online casinos. You’ll get a lot of extra perks if you use digital currency.
Crypto withdrawals, on the other hand, are immediate! Furthermore, employing methods such as bank accounts will frequently need you to verify your identity before you can play. Because your identity is never tied to any transaction, gambling with bitcoin is completely anonymous.
The Future of Gambling in Indonesia
The Indonesian authorities have taken a number of measures toward a comprehensive ban on online gambling since declaring their ambitions in 2012, with a number of locally hosted sites shutting down in recent months. However, as the government has discovered, regulating the internet is far more complex than it appears, and restricting access to websites is notoriously tough, given the variety of methods available to evade ordinary IP blocks.