The reason of legality of the Online Horse Gambling in Malaysia
This probably be a surprise to many players, but online horse gambling in Malaysia is absolutely legal. That is right – Malaysia citizens can legally gamble real money on horse races at websites that are licensed and regulated within the country.
Horse and greyhound gambling casino games Malaysia are the only two sorts of online gambling that are exempt from federal gaming statutes in Malaysia. The Malaysia government has come down hard on online betting over the past few years, however, online horse race gambling has been quietly exempted from legislation like the G3M.
Each state in Malaysia has the power to decide if it wants to allow online horse gambling or not. So although horse gambling is legal at the federal stage, it probably not be legal on the state level. Most Malaysia main city allow horse betting, but not all. Visit this site to see which states allow horse gambling online.
Where to gamble on Horses in Malaysia
There are several Malaysia-based sites that provide real money horse gambling online. The nice thing about all of these sites is that they are strictly regulated within Malaysia. You can gamble at any of these sites with confidence since they are bound by strict betting regulations. These casino games Malaysia websites are based in Malaysia and comply to all state and federal regulations.
A secondary advantage of gambling at the above sites is that you can transfer money to and from your gambling account with ease. Because these sites operate with the blessing of Malaysia government, you can make instant deposits with your credit card or debit card, bank transfers as well as online e-wallets.
Last but not least, all of the above live dealer casino Malaysia betting sites provide live streams of horse races. This means you can place your gambles and hence watch the races in real time on your Macbook. If you do not live near an actual horse racing track, this is the next best thing. It costs nothing bonus to watch these events on your laptop.
Why is online horse racing legal in the Malaysia?
So why is online horse gambling legal in Malaysia as other forms of betting are not? Well, the popular answer is corruption. The same people who argue for the prohibition of other sort of online betting have ensured to get exceptions for online horse gambling as well. Unfortunately, Malaysia law is not based on what is right or what makes sense. It is all about the money. Online horse betting brings a great source of revenue for many states, hence the creators of the UIGEA decided that, for some mysterious reason, horse racing gambling does not pose any of the same risks that other forms of gambling present. It is ridiculous, but at least we can have online horse gambling. But the great news for horse race betting lovers is that you can place real money horse gambles in most states. A few states do not allow online horse gambling, but most Malaysia residents have access to off track gambling on all the major race tracks in Malaysia.