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Online DFS in South Korea
Online DFS sites in South Korea are not legally regulated. There is an ongoing debate on the status of this type of game, but considering the current situation of some online gambling in the country, it is unlikely that Daily Fantasy Sports would soon become legal in South Korea.
|Is online DFS legal in South Korea?||No.|
|Are DFS sites in South Korea trustworthy?||Yes.|
|Can I deposit via Neteller/PayPal/Skrill?||Yes.|
|Do online DFS sites accept KRW?||Yes.|
Online DFS Laws in South Korea
Although there are no specific South Korean DFS laws, players are able to freely access offshore online DFS sites. And the market has great potential in South Korea, which is a country with a long tradition of sports. According to online DFS news sites, the origins of Taekwondo - whose rules consolidated mostly during the 1940s and 1950s - date back to the 1st Century BCE.
During the 20th Century, South Korea developed closed ties with the United States of America due to political reasons, but this relationship also had a cultural impact, namely in sports. Currently, baseball has the biggest following and the national team is one of the best in the world. Moreover, several players, such as Chan Ho Park and Hee-seop Choi, have played in the Major League Baseball (MLB).
Football is considered to be the second most popular sport. In fact, the K-League is the oldest domestic football league in Asia. Other activities that are very successful include basketball, volleyball or golf.
Online DFS Payment Methods in South Korea
There are several payment methods available when depositing and withdrawing winnings. Of course, so that operators keep running safe platforms, every money transaction must be transparent and legitimate. In this way, the credit and debit cards of VISA and MasterCard are usually available. But there are also alternatives that are as efficient. These include Skrill, Neteller or PayPal. For more information, consult the online DFS reviews directory in South Korea.
Online DFS Sites Accepting KRW
Daily Fantasy Sports are only now expanding worldwide, which means the targetted markets are still very limited. As a result, it is not possible to find online DFS sites accepting KRW yet and players are subject to conversion fees.