Online Betting in Korea – 10 Best Sports Betting Sites in South Korea Compared 2023

Whether it be soccer, baseball, basketball, or something else, sports betting is now hugely popular in Korea. If you are new to sports betting in Korea, then this guide has everything that you need to know before getting started. Regardless of what sport it is that you follow, our top-ranked Korea sports betting sites have all bases covered. We will also outline available promotions, betting apps, and payment methods.

Top 10 Sports Betting Sites Korea

Below, we have listed our top 10 Korea sports betting sites again, this time featuring their main selling point:

Top 10 Online Sports Betting Sites in Korea Reviewed 2023

If you are still unsure of which of the sports betting sites in Korea to sign up on, then the detailed reviews below will certainly help you out. Here, we have outlined the main features of each bookie, while also listing their main pros and cons:

1. 20Bet: Above Average Sports Betting Korea Odds

20Bet was founded in 2017, with the bookie being one of many to hold a license from Curacao eGaming. A large number of sports are covered here too, with particular emphasis being placed on soccer, basketball, eSports and tennis. Bets can be funded through a large number of payment methods, which include credit cards, e-wallets and cryptocurrencies.

A number of additional features help to make the experience at 20Bet an enjoyable one. These include cash out, which is available on the majority of pre-match and in-play bets. A generous welcome offer is found, featuring realistic terms and conditions. Meanwhile, a handful of ongoing promotions help to keep existing customers satisfied.

The 20Bet app can be downloaded on iOS and Android devices, with the bookie’s mobile website also being efficient. Like the bookie’s discussed above, 20Bet also comes with 24/7 customer service. The lack of live streaming and bet builder are the only real limitations of 20Bet. This is impressive, given that the bookie has only been around since 2017.

2. Pinnacle: World-Renowned Online Bookmaker

Originally known as Pinnacle Sports, Pinnacle was founded back in 1998 and is one of the oldest betting sites in the UK. As such, it is the most experienced bookie to make our top 10 sports betting sites list. Known for regularly offering market-leading odds, Pinnacle also delivers when it comes to sports coverage and bet limits.With offices in Malta, Sweden, UK and Curacao, Pinnacle is a truly international brand.

Soccer, basketball, eSports and tennis are among the sports covered in great detail. As such, a huge number of daily pre-match and in-play markets are found. Margins can sit as low as 1%, with 98% payouts also being up for grabs. Again, a variety of payment methods are accepted, including Bitcoin.

Meanwhile, a re-bet feature acts as an alternative to cash out. 24/7 support is available too, via live chat and email. The lack of a dedicated mobile betting app is one of the few areas in which Pinnacle disappoints. However, with an easy to use sportsbook and some of the best sports prices around, it is well worth checking out Pinnacle for yourself.

3. Dafabet: Over 50 Sports to Bet On

Launched in 2004 in the Philippines, Dafabet has long been one of the most popular gambling sites in Asia. Over recent years, many players in Korea have also signed up. This is because of the bookie’s large number of markets, with over 50 different sports being covered. Everything from soccer and basketball to motor racing and table tennis can be bet on, with pre-match, live and future markets being found.

Live betting at Dafabet is known as “Speed Bet”, where players wager on what will occur next. The bookie is licensed by PAGCOR, one of the leading gambling authorities around. A number of payment methods are available, including Visa, Mastercard, Skrill and Neteller. Attractive bonuses and promotions are available to both new and existing customers, with the Dafabet site being easy to use on all platforms.

Just remember to enter a valid promo code at the time of signing up. Both cash out and bet builder features are available too, demonstrating that Dafabet really is an excellent all-rounder. The bookie is associated with many well-known sports teams and organizations, adding to its reputation.

4. TedBet: Brand New Sports Betting Korea Site for 2022

Launched in 2022, TedBet is operated by NestlingCorn Limited, a company based in Cyprus. While casino games are the main focus here, TedBet also offers sports betting online in Korea. Over 30 sports are covered, including everything from soccer and tennis to volleyball and ski jumping.

For those betting on eSports, you can watch live coverage of matches through the bookie’s streaming service. Odds are competitive across the board, being available to view in five different formats. The TedBet website design is simple to say the least. However, this does make it easy for new players to get started. The “Schedule” page also makes it easy for visitors to plan their bets.

Licensed and regulated in Curacao, TedBet is both safe and fair, with state of the art security tools being in place, including SSL encryption. TedBet also features casino games from leading developers, including Microgaming, NetEnt and 1×2 Gaming. So, whatever it is that you are looking for, chances are it can be found at TedBet.

5. BC.GAME: Best Bitcoin Sports Online Betting Korea Site

Established in 2017, BC.GAME is an award-winning gambling site that is regulated in Curacao. With over 20 different cryptocurrencies being accepted, including Bitcoin, Ethereum, Ripple and Cosmos, BC.GAME is known for its social betting. This means that players can chat amongst themselves via live chat and a dedicated forum.

BC.GAME accepts bets on 40 different sports, with eSports being the main focus. Rocket League, NBA 2K, FIFA and Counter-Strike are just a taster of the video games covered. The bookie is partnered with eSports organization Cloud9, as well as the Argentine Football Association.

A “Quick Bet” feature will likely come in handy to players at some point, while reload bonuses and cashback offers help to keep existing players satisfied. Live chat support is available, with BC.GAME also being active on Twitter, Telegram and Facebook. There is even a refer-a-friend scheme, which those in Korea should consider taking advantage of.

6. LuckyBlock: Best Site for Crytpo Sports Betting in Korea

LuckyBlock initially went live in January 2022. However, it was not until November that the operator made its sportsbook and online casino available to players. Despite being one of the newest sports betting sites in Korea, LuckyBlock rightly sits at no.1 in our list. With over 35 sports being available to bet on, including soccer, basketball, tennis, cricket, and baseball, even the most demanding of players will be pleased with the markets available at LuckyBlock.

LuckyBlock is also one of the leading options for fans of eSports. Bets can be placed on matches surrounding Counter-Strike, League of Legends, Dota 2 and many more titles. Bets are placed using the bookie’s unique cryptocurrency, known as LBLOCK. Players can add funds to their account using Visa, Mastercard, Apple Pay, Google Pay and bank transfer, as well as a variety of additional digital currencies.

With deposits starting at just $1, beginners are well catered for. Support is offered 24/7 via live chat and email, with LuckyBlock already having a good reputation when it comes to fast withdrawals. A generous cashback offer can be taken advantage of by new players, the LuckyBlock sports betting site in Korea being easy to use on desktop and mobile.

7. CloudBet: One of the Best Sports Online Betting Korea Sites for Crypto Users

Founded in 2013, CloudBet is one of the leading crypto sports betting sites in Korea. Here, over 25 different sports can be bet on, including soccer, basketball, MMA, and rugby. There is a significant emphasis on eSports too, while virtual sports are also available. When it comes to BTC sports betting, CloudBet is one of the leading bookies.

A welcome bonus worth up to 5 BTC is available, along with other promotions. Limits at CloudBet suit both beginners and professionals, starting at as little as 0.001 BTC and rising to 200 BTC. Customer service is offered through email only, with no telephone or live chat options being available.

CloudBet is one of the best sports online betting Korea sites for usability, with players being able to place bets quickly on desktop and mobile. Based in Netherlands Antilles, CloudBet is regulated by Curacao eGaming. Those signing up are safe at all times, with state-of-the-art SSL encryption and firewalls being used to protect sensitive information.

8. Fortune Jack: International Bookie Offering Sports Betting in Korea

Established in 2014, Fortune Jack is a site that features both casino games and sports betting. While its casino is the main focus, over 30 different sports are also covered at Fortune Jack. Some 35,000+ pre-match markets are available per month, as well as over 1,000 daily in-play options.

Operated by Nexus Group Enterprises N.V., the bookie is licensed and regulated in Curacao. Both full and partial cash out options are available to players, along with an edit bet feature and 24/7 live chat support. Cryptocurrency payments are available, including Bitcoin, Ethereum and Litecoin.

High deposit and withdrawal limits cater well for professionals, with odds also being attractive. While there is no betting app available, Fortune Jack is one of the best sportsbooks in Korea for mobile players. Fortune Jack is also an excellent option for those looking to place prop bets, whether it be on soccer, basketball or other sports.

9. Bons: One of the Best New Sites for Sports Betting in Korea

Bons was launched in 2019 as an online casino, with a sportsbook being added in 2021. The bookie is licensed in Curacao and operated by Owl in N.V. Both pre-match and in-play markets are available, with soccer, cricket, basketball and tennis being among the sports covered in the most detail.

Bets can be placed after depositing money using one of many accepted payment methods. These include Bitcoin and other cryptocurrencies. A host of promotions are on offer too, including free bets and cashback. Payout percentages are high, at between 95% to 97%. The bookie also offers 24/7 customer service via live chat, with those withdrawing winnings having to wait between 1-5 days.

A mobile app can be downloaded on iOS and Android devices, while there is a rewarding VIP program found too. Unfortunately, the Bons sportsbook does not yet feature cash out, bet builder or edit bet options.

10. IviBet: Modern Online Betting Site on Desktop & Mobile

Founded in 2022, IviBet is licensed by Curacao eGaming. New customers can sign up with the bookie in a matter of minutes, before claiming a generous welcome bonus. A host of ongoing promotions are also found, as well as an invite-only VIP program. A large number of pre-match and in-play markets are available, with soccer, eSports and basketball featuring heavily.

There are over 40 different sports in total! As well as being fully licensed and regulated, IviBet uses SSL encryption and firewall technology to protect players. Customer service is available 24/7, with live chat being very efficient. The IviBet sportsbook site is both modern and easy to use too. Limits with the bookie suit both beginners and professionals too, with it also being mobile-friendly. Bitcoin is one of a large number of accepted payment methods.

Is Online Betting Legal in Korea?

In the past, many players were uncertain of placing bets with bookmakers that were not approved by the Korean government. Meanwhile, it was even illegal for residents to gamble when on vacation outside of the country. Today, South Korea is a nation that allows many forms of gambling. Legal bets can be placed on horse racing, cycling and boat racing at various venues.

Meanwhile, the state-operated national lottery also offers sports betting, coming in the form of Toto and Proto. With such options still being limited, many will sign up with offshore bookies in order to carry out sports betting in Korea. Regulated by Curacao eGaming, PAGCOR and other leading gambling authorities, such sites are safe to use. However, many use a VPN in order to hide their location.

How We Choose the Best Betting Sites for Sports in South Korea

Given the number of sports betting sites Korea that are now available, it can be difficult to decide which bookie is best for you. Our list of top 10 sports betting sites features nothing but trustworthy and safe operators, while they also score well in this following areas:

Top Features to Look for at Sports Betting Sites

The best sportsbooks in Korea come with a host of betting features. Such features add to the entertainment of placing bets, while also potentially improving your chances of making a profit. The table below provides a breakdown of the features found at our top ranked online sports betting sites:

Best Bitcoin Sports Betting Sites in 2023

Cryptocurrencies are used by many in South Korea today. While being temperamental, digital currencies offer great security, anonymity and speed. As a result, it should come as no surprise that many sports betting sites Korea have made cryptocurrencies available for both deposits and withdrawals. While Bitcoin is the most commonly used, others are also accepted. Let’s take a closer look at the most popular cryptocurrencies at the best betting sites for sports in Korea.

Bitcoin Betting in Korea

Bitcoin is undoubtedly the best-known cryptocurrency. Launched in 2009, Bitcoin payments are processed on a peer-to-peer network, while also being verified by network nodes. Bitcoin sports betting sites are now common, made popular due to the speed, security and convenience of payments. Bonuses specific to Bitcoin users are also common. When it comes to BTC sports betting, it is CloudBet that we recommend.

Best Ethereum Sports Betting

Established in 2015, Ethereum is another cryptocurrency associated with the online gambling industry. This decentralized currency uses an open-source blockchain, with there being a large global community to speak of too. Many of the best sportsbooks in Korea accept Ethereum, with BC.GAME being the standout site.

Betting with Litecoin in 2023

Litecoin was released in 2011, often being referred to as “silver to Bitcoin’s gold”. While not as common as Bitcoin and Ethereum, Litecoin can be used to deposit and withdraw funds with selected bookies. Litecoin is known for its low transaction fees and speed, with it being one of the many payment methods found at FortuneJack.

Online Sports Betting Offers for Korea

Sports betting in Korea is made more appealing due to the promotions introduced by bookies. While coming with terms and conditions, promos are available to both new and existing customers. They include deposit bonuses, free bets, acca insurance, price boosts and cashback offers.

Such offers help players in maximizing their profits and minimizing losses. However, be sure to read the small print beforehand. When it comes to sports betting in Korea, it is the following welcome offers that stand out:

1. LuckyBlock – 15% Cashback First 7 Days After Registration
2. Lvibet – 100% Deposit Match, Up To $150
3. Dafabet – 50% Welcome Bonus Up To W300,000

What is Live Online Sports Betting?

Live betting involves wagering on sporting events that are already underway. For example, betting on the next team to score a goal in a soccer match or the winner of the next game in a tennis encounter. Based on what takes place on the playing field, odds change on a regular basis.

As such, those who place bets at the right time will reap the rewards. Live betting, also known as in-play, is also seen as a way for players to find better value. Sports including soccer, tennis, basketball, eSports, cricket and table tennis feature on live betting pages daily. It is only really horse racing that does not offer in-play options. For live sports betting in Korea, we recommend the following sites:

1. LuckyBlock
2. Tedbet
3. 20Bet

Top Sports Betting Korea Tips and Strategies in 2023

Unfortunately, sports betting in Korea comes with no guarantees that a profit will be made. Regardless of which sport you bet on, the competitive nature of events means that even the very best teams and players lose from time to time. Below, we have written our expert sports betting tips, designed to help players beat the bookies on a regular basis:

Best Sports for Online Betting in Korea

Sporting preferences in Korea are very diverse. This means that bookies must cover a range of events from around the world. Of course, some sports receive more attention from bettors than others. Below are some of the most popular betting sports in Korea:

Soccer

Also known as football, soccer matches from across the globe can be bet on online today. Major European leagues and competitions are covered, as well as events from Asia, South America and North America. As you would expect, Champions League and World Cup matches come with the highest number of markets. These include match winner, total goals, first goalscorer and double chance. BK8 is our no.1 pick for soccer betting in Korea.

eSports

As is the case in many other countries, eSports has exploded in South Korea over recent years. Whether it be Counter-Strike, League of Legends, Dota 2, FIFA, Rocket League or other titles, pre-match, live and outright bets can be placed. Popular markets include map winner, first kill, total kills and tournament winner. There are few better sites for eSports betting in Korea than CloudBet.

Hockey

Hockey is a sport enjoyed by many in Korea. The men’s national team has one Olympic silver medal to its name, while their female counterparts have won two of the same color medals. Bets can be placed on domestic and international hockey matches. Popular markets include match winner, over/under goals and double chance. Dafabet is one of the many bookies to cover hockey today.

Horse Racing

Horse racing is hugely popular in South Korea. Both international and local meetings can be bet on. Whether it is the Kentucky Derby, Grand National or races at Seoul on a Friday or Saturday, all runners and riders are given their own odds. 20Bet certainly delivers when it comes to sports betting horse racing.

Recommended Mobile Sports Betting Apps for Korea

Sports Betting apps make operating on a smartphone or tablet a breeze. Compared to mobile betting websites accessed via your browser, they offer enhanced usability and speed. Available to download on iOS and Android devices in most cases, apps also come with modern features, such as Touch/Face ID and notifications. When it comes to sports betting in Korea, it is the following apps that are likely to appeal to players:

1. Bons
2. Pinnacle
3. Bons

How to Register with Korea Betting Sites

Sports betting in Korea is made simple thanks to online bookies. The majority make it easy for players to sign up and start placing bets. Using LuckyBlock as an example, the following is a step-by-step guide for how to get started:

Step 1: Enter Betting Site

On desktop or mobile, enter your chosen betting site. Spend a few moments familiarizing yourself with the layout, including how to access sports markets and features. Remember that you can follow the links on this page for direct access to Korean sports betting sites.

Step 2: Sign Up

Click/tap on the “Sign Up” button. Complete the registration form by entering your email address and creating a username and password. Select the “Sign Up & Play” button underneath.

Step 3: Deposit Money

Login to your account using your username and password. Select your preferred payment method and add funds to your account. Deposits are instant, with money appearing in your account within seconds.

Step 4: Place Bets

Browse available sportsbook markets, focusing on those that you have a good knowledge of. Look at the odds available, as well as sports betting tips. Carry out research on the teams/players involved too. When ready, add selections to your bet slip and enter the stake.

Step 5: Withdraw Winnings

If you have placed a winning bet, you will likely have money available to withdraw. Where possible, use the same payment method as for deposits. Payouts are likely to take between 1-5 days, depending on the method selected.

Korean Betting Site Odds and Markets

As we have already mentioned, odds vary between bookies. Some betting sites regularly feature market-leading prices. In order to take advantage of the best odds each and every time you bet, you may need to register with multiple bookies.

Prices can be viewed in a number of formats, including decimal, fractional, American and Malay. Whether it be eSports betting, sports betting football or other options, it is the following sites that we rank the highest when it comes to odds:

1. LuckyBlock
2. Bons
3. Pinnacle

What are the Best Online Sports Betting Site in Korea for 2023?

On this page, we have discussed how sports betting in Korea works. This includes which the best betting sites for sports in Korea are, as well as available markets, promotions and payment methods. Our recommended bookmakers are all licensed and regulated, while also being safe to use at all times. So,whether you wish to bet on soccer, basketball, tennis, eSports or another sport, our top ranked Korea sports betting sites have all bases covered.

Sports Betting in Korea FAQs