Hello my fellow sports betting fanatics! My name is Jeffrey Gynn and I am excited to be a contributing member here at Mightytips.com.
With a population bordering on 3.5 million, Mongolia is a valuable target in the eyes of the best online betting sites. Sports and betting are popular pastimes in this Asian nation. While both are parts of Mongolian culture, betting on sports isn’t exactly legal.
The good news for Mongolian punters is that they can place wagers at sports betting sites without worrying about law enforcement spoiling things. Mongolian authorities do not appear to have any desire to interfere with online bettors.
Would you like to start betting on sports in Mongolia? If so, you probably have a few questions about getting started. We are here to help you get off on the right foot. This guide will cover:
This guide provides valuable information about the best online betting sites that accept Mongolians. These sites have earned the highest marks from our experts.
These operators are all legit, safe, and they possess licenses from reputable jurisdictions. They support a variety of payment options, cover almost any sport imaginable, and offer generous bonuses and ongoing promotions.
What you Need to Know about Betting in Mongolia
Mongolia’s gambling history is rather complicated. There have been several attempts to legalize gambling there, but things haven’t worked out. It almost happened in the late 1990s when slot machines were legalized. However, the government abruptly reversed the law a short time later. There is currently a push to allow Mongolia to open a pair of land-based casinos, but only foreign tourists would be allowed to gamble in them. As it stands, sports betting remains illegal.
The Mongolian Derby is believed to be the world’s most challenging horse race. Participants ride semi-wild horses thousands of kilometers across the country.
Mongolia has participated in the Olympics since 1964. While Mongolian competitors have won several medals, they didn’t strike gold until 2008 when they did it twice. Once in Judo, and once in Wrestling.
Yak polo is the Mongolian version of polo. Instead of playing the game on horseback, competitors are mounted on yaks.
Naadam is Mongolia’s premier annual sporting festival. While it originally featured men competing in Mongolian wrestling, horse racing, and archery, women have recently started to compete too.
The good news for Mongolian punters is that they are accepted at many of the best online betting sites. Authorities seem content to not interfere with those who want to wager at offshore betting sites. Of course, there aren’t any legal online bookmakers operating within the country. To place an online bet in Mongolia, one needs to do it at a reputable offshore site.
And there are plenty of those out there. Most don’t support the Mongolian Tugrik as a betting currency, but they will certainly accept Tugrik payments. This means that Mongolian bettors simply need to select an alternative currency to wager with like the Euro or US dollar.
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Is betting legal?
Nothing has made wagering at top bookmakers more convenient than mobile betting has. With a wireless signal and a betting app or mobile browser, it’s like having a bookmaker in your pocket 24/7. You have the freedom to place bets from almost anywhere at any time.
Some bookmakers even feature live streaming so you can watch the action unfold live on your mobile device.
We have finally arrived at the section you’ve been waiting for. Our experts have deliberated and unanimously decided on the top 5 betting sites for Mongolian punters. They are all licensed, regulated, reputable, and offer competitive odds on nearly any sport you can think of. These bookies will treat you right.
Bet365 is one of the most recognizable brands available in Mongolia
The site was established way back in 2001 and it is licensed in multiple jurisdictions including the UK and Malta. This site offers the most competitive pre-match and in-play odds on the full spectrum of sports. It also happens to be one of the best horse racing betting sites around. Enjoy a sweet welcome bonus, lots of promotions, and much sought-after features like live streaming.
Open an account with bet365 today and bet on a huge range of markets with the world’s favourite online sports betting company.
Top 5 Bookmakers with the Greatest Bonuses
You can now make a deposit, claim your welcome bonus, and start betting on your favorite sports. This means looking for available bonuses. Getting the best bonus will help fatten your bankroll. Almost all top bookmakers have one for Mongolian punters, but we have singled out five specific bonuses that you can claim right now.
GGbet: Get a 125% Match Bonus up to MNT 400,000 on your First Four Deposits
Betwinner: Get a 100% Match Bonus up to MNT 350,000
Betway: Claim up to MNT 100,000 in Free Bets
William Hill: Bet MNT 35,000, Get MNT 100,000 in Free Bets
22bet has one of the best welcome offers for Mongolian bettors
While the welcome bonus at ComeOn Sportsbook got some consideration, we had to go with the welcome bonus at 22bet. They are currently offering a 100% match bonus up to MNT 450,000. Simply open a new account, make your first deposit, and 22bet will 100% match it up to MNT 450,000. This offer gets even better when you consider the lenient wagering requirements. You just need to wager the bonus amount 5 times on events with odds of 1.40 or greater to cash it out.
Recommended Payment Methods
Mongolian punters can fund their betting accounts in a variety of ways. They can use major credit cards, an assortment of eWallets, and even bank wire transfers to bet in Mongolia. Of course, Bitcoin betting sites are becoming quite popular too these days.
While most deposits are instant, withdrawal times can vary depending on the operator’s processing times and the payment method you use. Cryptocurrencies and eWallets generally have the quickest withdrawal times at the best online betting sites. Here are some examples of minimum deposits at top bookmakers.
Visa is one of the most widely used payment methods on the planet.