Analyze sports games and Sports betting in Korea
Analyze sports games and Guided TOTO betting in Korea There are two different options to bet on the internet. The first is Asian bookies which support Korean language, offer accounts in South Korean won (KRW) and accept local bank transfer with no fee. www.dafabet.com is the easiest Asian company to deposit with. You can register an account, click live chat and ask the operator for their bank details. Then simply transfer the money via online transfer. If you only bet soccer (football) Asian bookies are a great option. You will find all the Korean leagues, plus English Premier League (EPL), La Liga, Serie A, Bundesliga, and all others. You’ll find tennis and American sports such as NBA basketball and MLB baseball are covered too. If you are however interested in betting other Korean sports such as basketball, baseball and volleyball you will probably be disappointed by the fact these are not well covered (if covered at all) by the major Asian bookies.
How expats bet on sports in Korea. South Korea has had a love-hate relationship with gambling. Before gambling was even legalized in the country, law enforcers are keen on cracking down on any form of gambling. As the years progressed, the government shifted its focus on attracting more tourists to the country. Law enforcers became lax when it came to implementing gambling laws. It was in 1997 that Korea started Sports Toto and Sports Proto.
Korea is one of the Asian countries that is gaining popularity over the past few years, particularly among the younger generation. Thanks to the growing prominence of Korean pop culture, Korea has become an interesting country for many. One of the greatest attraction in Korea is its gambling industry. Gambling for monetary or property gain is illegal under Chapter 23 of the Criminal Act of South Korea. Several amendments were made to the gambling law to accommodate the legalization of several betting activities in the country. In North Korea, locals are not allowed to gamble. Only tourists are legally permitted to gamble on a strictly regulated basis. Koreans can legally bet on football, volleyball, basketball, baseball, golf, and Ssirum in two ways: Sports Toto or pari-mutuel betting and Sports Proto or fixed odds betting. In Sports Toto, the punters can place their bets into a pool. Half of the pooled bet accounts for operation costs, duty, and profit margins while the remaining half is paid to the winner of the bet.
This website is a place to analyze sports games in Korea and provide information about each game. Many Korean young people are enjoying it. It is interesting to analyze sports games such as soccer, baseball, volleyball, and basketball. For game analysis and safe play TOTO websites see : 토토사이트의 안전놀이터.
Sports Toto offers many different games and these differ by sport. The part that remains the same for each is that 50% of sales go into a betting pool that is split with all winners. This is proportional to stake and to be a winner you must get 100% of your predictions correct. An explanation of each game is covered below. Soccer Toto offers three different types of games. The main game involves predicting if the home team’s result will be win, draw or loss in 14 different matches. This is essentially a lottery and is very popular here. Despite what other online betting portals might tell you, on average Soccer Toto Win/Draw/Loss Game has better odds than betting 14-fold accumulators online. Online betting sites charge a lot of juice so when betting 14-folds their take often exceeds 50%.
Official Info : The Sports Betting Business is a national project that was introduced in October 2001 in accordance with the National Sports Promotion Act. It is a public service project aimed to successfully host the 2002 FIFA World Cup Korea/Japan and for the development of national sports leisure and sports fund. Ktoto operates as a exclusive licensee of the sports betting business in Korea by the consignment contract with the Licensor, Korea Sports Promotion Foundation (KSPO). The sports betting (Sportstoto) is an advanced sports leisure activity that enables winning prize for accurate prediction of game results of Soccer, baseball, basketball,volleyball, golf and etc. The products are divided into pari-mutuel type of ‘Toto’ and Fixed-odds type of ‘Proto’. The Funds raised through the sports betting business are transferred to the Korea Sports Promotion Fund to be used in variety of Sports promotion projects, such as a support for various international sports events held in Korea as well as professional sports, physically challenged sports, grassroots sports contributing to development and vitalization of Sports in Korea.
South Korea is a country with a blossoming Bitcoin scene and authorities do not restrict the use of Bitcoin in the country. A number of news pieces were published June last year about a South Korean Bitcoin gambling company, Satoshinori beta testing its products meant to cut the firm a piece of the estimated $49b East-Asian online gambling market (illegal included)*. The company would’ve operated under the same assumption as many other Bitcoin casinos – namely, that as Bitcoin is not a currency, therefore Bitcoin gambling is legal, or at least not explicitly illegal, even in countries with laws otherwise prohibiting online gambling.