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- Malaysian Сasinos?
Malaysian Сasinos
Malaysian casinos do not thrive in the country as they do in others. The reason behind this is that Malaysia is a Muslim nation and it has very strict regulations about gambling. A Malaysian online casino may find itself on a tight spot if it isn’t compliant with the country’s laws.
The country passed the Betting Act of 1953 in the same year. In that law, unlicensed betting houses became illegal. Until today, anyone operating as a gambling facility or sports booking facility, whether it is a business or an individual, is breaking the law. But this does not mean that the country has zero gambling opportunities. Malaysian casinos can still operate a lottery or horseracing sports booking.
This is because the country has laws for both. These are the Lotteries Act of 1952 and the Racing Act of 1961. The gambling laws of the country are restrictive. In fact, a Malaysian online casino can easily say goodbye to operating because the government rarely issues a licence.
The government is also active in instructing the financial institutions to block transactions between them and online casinos. If you are a resident of the country, your credit card may not work as a means to deposit funds to your account.
The result of this is the proliferation of illegal gambling facilities disguised as internet cafes. This is where you need to go if you want to access online casinos. The only known licensed physical Malaysian casino is Genting Resorts World.
Things to Consider When Choosing the Best Malaysian Online Casino
Do not despair. The legal provisions of the country about online gambling operations is bleak, at best. This is because there was no internet in the 1950s so it was not accounted for. As a result, there are many huge online casinos that still accept players from the country. Here is how you can choose the best ones.
- Worldwide acceptance – there is nothing more frustrating than choosing a casino that will allow you to register but will not allow you to play. If so, it is a not a legitimate casino that caters to the Malaysian gambling market but only poses as such. This can happen to anybody so make sure that the company of your choice will accept Malaysian players.
- Payment Methods – choose a casino that accepts multiple payment and withdrawal methods. The problem with many casinos is that the number of financial institutions they work with is limited. In cases like this, you may be able to register but you cannot use your preferred funding method. If the gambling operator cannot offer an alternative, then it renders your registration moot.
- Security – choose a company that is secure in its operations and back-end data processing. The casino of your choice must indicate that it uses the most updated encryption technology to keep your financial records a secret. Do not put your financial information at risk.
- Mobility – if you will play at an online gambling facility, you must choose one that you can access from anywhere. It does not make sense if it will only work on a PC. You do not bring your PC all the time with you see check the casino’s operating system if it will work on a mobile device.
Benefits of Mobile Malaysian Casinos
Despite gambling being illegal, there is no clear provision in the country’s laws whether participating in gambling is illegal or not. What is clear is that you cannot operate a gambling facility. And because of this, players from the country can enjoy the benefits laid out below for mobile gambling.
- Portability – a desktop computer is not portable. There was a time when a gambling software is only accessible by downloading a client and installing it. Gone are those days. Today, you can play in a Malaysian online casino everywhere there is an internet connection.
- Variation – games today are easier to produce for many platforms. Game developers ensure that the games they develop can run on a single gaming engine. On top of this, game aggregators take care of running the games from the backend while the player only has to access one application or website. It is like having a cartridge on a family that can play many games. Before the age of mobile devices, you need to download and install one game at a time.
- Compatibility – many games today will run on any mobile platform. There was a time when you can only gamble on a Windows operating system. Today, you can access as many games as you want regardless of your phone’s operating system because most of them run via browsers. It no longer matters if your mobile device is running on iOS, Android, Windows, or Blackberry.
Ways to Deposit and Withdraw for Malaysian Casinos
This can be a little tricky. It is not unusual for banks in Malaysia to block incoming and outgoing transactions from their institution to an online casino. As a player, there is really nothing more horrifying than completing your registration only to realize that funding it is close to impossible. Here are the most common options.
- Bank Transfer – this will only work if your banking institution does not know that the recipient of the money you are transferring to is a casino. Same goes with a withdrawal. To test this, you have to initiate a deposit. If it works, you are good to go. If it doesn’t, you need to choose another method.
- Cards – both debit and credit cards will work in the same way that bank transfers do. You may be able to deposit to a casino that your bank has not blocked. It is convenient and it is processed instantly. If the bank blocked the transaction, your other option is to use a prepaid gift card. It will go through but you will later face the challenge of withdrawing it.
- Bitcoin – this is your best option to access a Malaysian casino. There is no government institution that regulates Bitcoins or other cryptocurrencies. Your only challenge here is that it is tedious and can be costly. The exchange rate of cryptocurrencies fluctuate all the time so do not expect that the value you bought it for will be equal to the value you get once you convert it to cash.
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e-Wallets – your other option is to deposit funds to your e-Wallet first then moving the funds from that e-Wallet to your gaming account. This is not guaranteed to work if your bank, again, does not allow money transfer for gaming.
Take Neteller for example. In regulated countries, Neteller will ask you if you will transfer money to your Neteller account for gambling or for shopping. If you choose “gambling”, the transaction will not go through. If you choose shopping, it will go through but Neteller will not transfer the funds to the gambling operator because that is not how the funds were supposed to be used.
- Money Exchange – this is the best route to go if you are having issues with moving funds between a Malaysian casino and your financial institution.
The way it works is like this:
- Transfer money from your financial institution (bank or credit/debit card) to an exchange server. Your bank will not think it is for betting because it is disguised as money trading.
- From the exchange server, transfer the money to another method like e-Wallet or cryptocurrency. Make sure that this recipient is accepted by the Malaysian online casino as a funding and withdrawal source.
- From the e-Wallet, move the funds to your online casino account.
- Reverse the process if you are going to withdraw.
Keep in mind that there are fees associated with exchange servers, plus the fees that e-Wallets will charge. It is alright since these fees will pale in comparison to what you can win and the bonuses you can get from a Malaysian online casino.
Tips When Playing with Real Cash in Online Malaysian Gambling Sites
The only reason for wagering is to win money. As such, you must treat it as a business. If you are playing for entertainment, then you might just as well as lose everything and not follow any tip to win. But if you are aiming to play intelligently, follow the tips below:
- Understand the game rules before playing
- Practice the game in demo sites before investing real cash
- Understand betting strategies and odds before playing the game
- Do not bet out of emotion or a belief in luck. Always strategise.
Conclusion
It is clear that gambling for people in the country is a challenge. The operators from within are limited and the country has strict Muslim laws against it.
What is also clear is that the internet allows you to access a myriad of online casinos even if you are physically located in Malaysia. All it takes to play is a little patience when moving funds. Having fun solely rests on your shoulders.
You need to try and check out the gaming options you have if you are for the country. There is no need for you to visit illegal internet cafes or travel to a resort. Just go online, register for a casino account and play today!