With over 96 million residents, Vietnam is Southeast Asia’s third most-populated country, and the ninth most-populated in all of Asia. Naturally that makes it an enormous betting market. The fact is, however, that it is currently illegal to open a sportsbook in Vietnam.
That definitely doesn’t mean that you can’t bet from within the country, though. In fact, if you are based in Vietnam, there are a whole lot of betting sites available to you. Some of these are renowned brands elsewhere in the world, while others are lesser-known online specialists.
In this article, you’ll learn everything you need to know about Vietnam betting sites. We’ll list your top options, help you to pick the best one for you, explain the legal situation, and deal with plenty more besides.
There are dozens of good sportsbooks out there which accept Vietnamese customers, but we managed to whittle down all these options to just 20 top choices. This was done according to a strict set of rules and criteria, and you can see some of the biggest things we looked for below.
Security This is always a major concern when signing up to a new bookie, but it’s particularly important to evaluate when considering a brand which isn’t well-known.We’ve evaluated the security measures put in place by all the top betting sites on our list. In particular, we’ve looked for the likes of strong encryption, two-factor authentication, and Know Your Customer checks.
Market Selections Quite simply, this is a case of ‘the more, the better’. Vietnamese bettors are interested in a wide range of sports, and we’ve rewarded betting sites who provide an extensive selection of markets. We’ve also looked at the depth of those markets, including the number of different bet types, and the various leagues and competitions which are covered.Naturally the best betting sites which support wagering on Vietnamese leagues have been given an extra boost.
Payment Options We like to see as many payment methods as possible from a bookie, so that the widest possible number of customers are covered. Credit and debit cards are usually a given, but the best sports betting sites may also support e-Wallets, prepaid cards, and even cryptocurrencies.We’ve also checked that the minimums for both deposits and withdrawals are fair, and avoided betting sites which charge annoying fees for payments. Again, bookies which support Vietnamese bettors by allowing them to use VND have been rewarded.
Best Online Betting Sites Sign Up Offers for Vietnam
Welcome offers can come in a few different forms. In the UK for example, ‘Bet X, Get Y’ deals are the most common type, and 100% ‘Risk-Free’ bets are also popular. For Vietnamese bettors however, there’s much less variety. You will almost exclusively be limited to ‘Deposit Match’ sign up offers.
This isn’t necessarily a bad thing. These promotions still provide tremendous value, matching whatever amount you choose to deposit, up to a certain limit. On a typical 100% match deal for example, if your first deposit is $50, you will immediately be given another $50. Some deals for Vietnamese bettors actually go above 100%, with Dafabet’s version matching you all the way up to 150%.
It’s better when these matches come as real money. You have more flexibility in how you spend cash, and will get your stakes returned with any winning wagers. Many deals offer you free bets instead though, and that’s fine too. You’ll usually be able to use these on any sports markets you please, and you can even use them as part of a matched betting strategy. If you decide to take this route, Matchbook is a Vietnam-friendly betting exchange you can use for your lay bets.
With all that said, betting sign up offers always come with catches, and we’d encourage you to check the T’s & C’s for any promotion before using it. In this case, focus on any ‘rollover requirements’. Typically with these deals, while your match will be awarded immediately, you’ll need to bet through that amount a certain number of times before you can actually use it. If your match is $10 for example, and the offer comes with a 5x rollover requirement, you must wager $50 of your own money before using the $10 bonus.
In some ways, even the best betting sites in Vietnam suffer in comparison with their European and North American competition. Special features are the most notable example, with the likes of live streaming being rare on such sportsbooks. In other areas though, there’s no drop-off whatsoever, and we’re pleased to say this applies to betting market selections.
Even from Vietnam, you will absolutely be able to wager on sports events from all around the world. Football tends to be the biggest sport on these online betting sites, and every major international, continental, and domestic competition will be covered. That coverage will usually also stretch further afield too. Asian markets aren’t necessarily always included, but the best football betting sites – like FEZbet and MELbet – will allow you to bet on the Vietnamese V-League.
Dozens of other sports are also available to wager on using our recommended new betting sites. These include golf, motorsports, tennis, badminton, and plenty more. On the biggest such sportsbooks, you can also bet on horse racing from Europe, South Africa, the USA, and Australia.
Finally, it’s important to note that you won’t just be limited to pre-match markets. Almost every modern betting site will allow you to wager in-play too, opening up a whole new world of betting opportunities. A cash out tool should also come included, allowing you to either lock in some profit early, or bail on a bet that’s going bad.
How to Select the Best Betting Sites in Vietnam
We’ve already suggested 20 of the top betting sites in Vietnam. Whether you want to select one of those options though, or go your own way entirely, you ultimately still need to decide on a single sportsbook to start off with. When doing so, these are the key things you should look for.
Legality We’re confident that all the best betting sites in Vietnam we’ve recommended are legitimate. If you’re conducting your own search though, you must ensure a bookie’s legality before signing up. The first thing to look for is a betting license with a recognised authority. A common example is the Curacao Gaming License.With this in place, you can be confident that the site has been independently verified for fairness and legitimacy. Next, look at the site’s track record. Check its online reputation, and see if it’s been recommended by reputable sources (likeSafe Betting Sites!).
Welcome Offers & Free Bets Gauge the actual value you’re getting from a welcome offer before triggering it. You should ideally look for at least a 1:1 return, whether that be a ‘100% Match’, or a ‘Bet $20, Get $20’ type of deal. Ideally you’ll get actual cash in return, but free bets are valuable tools too.
It is also incredibly important to check the T&Cs of a promotion in advance. In particular look for rollover requirements, eligible markets for your qualifying bets, and eligible payment methods. Some offers may also be unavailable to people residing in certain countries, like Vietnam.
Promotions for Existing Customers However good a welcome offer is, it’ll only last a short amount of time. After it’s expired, you want a good selection of ongoing promotions to keep giving you value.
You should definitely prioritise offers which give you free bets. Every free bet token is essentially a ‘risk-free’ wager, in which none of your own money is being staked. Also look into deals which simply help you avoid making a loss, like Acca Insurance for football or Non Runner No Bet for horse racing. These deals might not sound exciting, but significantly increase your chances of making a long-term profit. Once again, T&Cs will apply to all these deals. Check these for any market restrictions or minimum odds in advance, and keep an eye on the expiry date for any free bet tokens.
Odds As a bettor, you want your money to go as far as possible. The best way to do this is to wager with strong odds. To ensure this, we’d recommend making a shortlist of the top betting sites you like the look of. Then, compare their odds on some of the markets you actually want to bet on, and pick the one which routinely has the best prices.A good alternative is to have accounts with a few different sports betting sites. Every time you want to place a wager, you can quickly compare the odds on those sportsbooks, and simply bet with the one offering the best price.
Specific Markets It’s all well and good for betting sites to offer dozens of different sports. The chances are, however, that you’ll only be interested in betting on a handful of them.
Before signing up with a bookie therefore, head to their website and browse their sports list. Firstly, check your favourite sports are actually included. Secondly, check the specific competitions you like to bet on are covered. If you’re just interested in betting on the Vietnamese V-League for example, you’ll need to find a bookie which actually allows you to do so. You should also check out the particular bet types that are offered. All betting sites will let you place basic ‘Match Result’ wagers. The likes of outright bets, Asian handicaps, and so on are a little rarer though.
Ease of Use If you’re going to be gambling with a betting site for months, or even years, you simply must ensure it’s one that you actually enjoy using. Fortunately, doing so is very easy. Simply head to the website of a bookie you’re interested in, and start browsing. Evaluate how intuitive you find it, and how quickly it loads on your computer. If you’re a mobile bettor, download one of the brand’s apps and do the same on that. You’ll be able to carry out this basic testing on all the best sports betting sites without needing to spend any money or register for an account.
Limits There are two major types of limits you should pay attention to here in your research.The first regards deposits and withdrawals. Check both the minimum and maximum amounts for each, specifically for the payment method you want to use. Some betting sites set these limits as low as $1.50, but anything from $10-20 is an acceptable, industry-standard amount. The second regards betting stakes. Again, every sportsbook will have both lower and upper limits for how much you can wager. Lower limits will be a fixed amount, usually around $0.05 or $0.10. Upper limits can vary significantly, depending on the specific market.
Payment Methods Available to VT Punters
When it comes to betting sites for Vietnamese punters, there’s a significant amount of variance in the number of available payment methods. Some will literally only give you one or two choices. Others though – like 22Bet – provide you with dozens of options.
These are the most common payment methods among sportsbooks which accept Vietnamese bettors.
Traditional Payment Methods
Credit/Debit Card Visa and Mastercard are by far the most common ways to make payments for a sportsbook. Just about all Vietnamese betting sites will accept them, meaning they’re easily your most convenient option for making deposits and withdrawals. Deposits should be processed instantly, and withdrawals will usually take a couple of days at most to process. While it’s rare for the best sports betting sites to charge you fees, you may lose money on an automatic currency conversion if you’re using Vietnamese dong for a site which doesn’t accept it.
Bank Transfer This is another common method, but it’s handled in a couple of different ways. Some betting sites will provide their account details, and simply let you wire them the money directly. More commonly though, they will use an intermediary service like Trustly. Bank transfers are one of the slowest payment methods around. Deposits should still be swift, but withdrawals often take up to a week to process.
E-Wallets and Other Methods
PayPal PayPal is the most famous e-Wallet around. It’s not universally supported at betting sites, but is an extremely user-friendly option when you can use it. It’s speedy too, with both deposits and withdrawals usually being instant. The downside to PayPal is that you will be charged fees for using it. Withdrawals to your bank account incur a 60,000 VND fee, for example, and a 3% excess will be added if you convert VND into another currency.
Skrill Skrill is another popular e-Wallet. While not as famous as PayPal, it’s actually accepted by a similar number of Vietnam-friendly betting sites, if not more. Like most e-Wallets, it is straightforward to use and facilitates easy payments. Skrill also has a preferable fee structure to PayPal, with no charges being made when you use Skrill Money Transfer to send money to an international bank account (which a betting site will be using).
Neteller Neteller is another eWallet, which effectively replaces bank transfers as a payment method. You deposit into your account using a card or bank transfer, then deposit from there into your betting account. The advantage of using this over a traditional bank transfer is that none of your banking details are ever given to the sportsbook. Neteller payments are usually processed instantly, and it’s pretty commonly accepted. As with other e-Wallets, the downside is the fees, with Neteller charging you 2.5% for all deposits into your account.
Google Pay Google Pay is becoming increasingly popular in the wider world, and this is true on betting sites too. It’s extremely quick and easy to use, particularly on an Android mobile device. Pleasingly, it also provides a good selection of ways for Vietnamese customers to make payments, including MoMo, ZaloPay, and VTC Pay.
Cryptocurrencies Cryptocurrencies provide a secure way to make deposits into your betting account. Do bear in mind, however, that you will still need to provide your personal details when signing up to a sportsbook. This negates one of the main benefits of using cryptos – their anonymity. Cryptocurrencies like bitcoin are actually accepted by quite a few Vietnam betting sites, including 1xBet and 22Bet. Payments will usually be processed instantly, and fees are rarely charged.
Best Football Betting Sites in Vietnam
Football is extremely popular in Vietnam, as in much of the world, and Vietnamese bettors are given plenty of ways to bet on the beautiful game. Naturally the likes of the Premier League and Champions League are universally provided, but some of the best betting sites will also let you bet on the V-League, AFC Champions League, and other competitions closer to home.
The best football betting sites also give you plenty of control over how you wagers. Hundreds of individual markets are available for the biggest games, ranging from classic bet types like Match Result and Over/Under Goals, to player props and handicaps. Many sites will also give you some control over how your football odds are displayed, choosing between fractional and various styles of Asian decimal odds (Malaysian, Indonesian, and so on).
The popularity of eSports has grown significantly across Asia in the past couple of decades, and this is absolutely the case in Vietnam too. Counter Strike: Global Offensive is one of the most popular individual games, and most Vietnamese betting sites will allow you to bet on it.
The selection of betting markets also tends to be excellent. Smaller contests are available to wager on more-or-less daily, and every game at the biggest international tournaments – like the Major Championships and WESG – is covered. This is true not only for pre-game betting, but for in-play too, meaning you can place new bets on each map, or even each round.
Pleasingly, while live streaming is rare on Vietnamese betting sites, this is not the case with CS:GO. A number of CSGO betting sites have integrated Twitch onto their sites, meaning you can watch the action unfold and bet on it at the same time.
Unfortunately for betting fans, Vietnam has had strict anti-gambling laws in place for a long time now. These were strengthened in 2012, when hundreds of the best betting sites were blocked in one go, meaning citizens needed to start using a VPN to place wagers. Discussions have been held recently to relax anti-gambling laws, but – as of right now – they have gone nowhere. To this day therefore, it is illegal for new betting sites to launch in Vietnam.
Naturally however, the Vietnamese government has no jurisdiction over sportsbooks which are based in other countries. This is why – as a bettor in Vietnam – your only options for online gambling are foreign sites. These sports betting sites are well aware of the situation, which is why many of them encourage punters to sign up by accepting VND deposits, or providing a Vietnamese-language version of their websites.
Betting with Vietnam-based sportsbooks might be impossible, but – if you want to try online betting for yourself – you’ve actually got a whole lot of options.
We’ve selected 20 of the very best for you at the top of this article. If you’d prefer to seek out your own bookie though, simply bear our advice in mind. Most importantly, be sure to do your research into a sportsbook’s legitimacy and T&Cs before signing up. Whichever route you take, we wish you a fun, prosperous, and responsible betting experience.
Is online betting legal in Vietnam?
It is illegal for an online betting company to be based in Vietnam. That said, it’s easy for you to simply use one of the many betting sites which are based abroad.
What are the best Vietnam betting sites?
22Bet, Dafabet, and 1xBet are all excellent new betting sites, offering wide selections of payment methods and betting markets. Unibet is also impressive, and has a strong track record back in the UK.
What sports can I bet on in Vietnam?
All the usual most popular sports are also available on Vietnamese betting sites. These include football, tennis, golf, badminton, and dozens more.
Do betting sites accept Vietnamese dong?
Some do, such as 22Bet and 1xBet. More commonly however, your VND will need to be converted into a foreign currency, such as USD, EUR, or GBP.
How do I know that Vietnamese betting sites are legit?
Check that they have a license with an independent body, such as those based in Curacao or Malta. We’d also recommend researching a sportsbook’s reputation online.
About Joe Halliday
About Joe Halliday
Joe is a highly-experienced writer, with a focus on sports betting content. His specialties include sportsbook reviews and betting tips. A keen football fan, he also loves analysing and writing about the beautiful game.