Online Sportsbooks in South Korea April 2024

Displaying online Sportsbook sites that accept players from South Korea. To change country go to Country selector or to see all sites in our database visits Online Sportsbook Directory.

20Bet Sportsbook Review

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18+. New players only. 100% first deposit bonus. Max bonus: €100. Minimum deposit: €10. Minimum odds: 1.50 (1/2) on single bets & 1.70 (7/10) on accumulators. Wagering requirement: 5×. Valid for 14 days. Full T&Cs apply.
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18+. New Marathonbet Sportsbook players only. Minimum deposit: €5. Minimum odds: 1.50 (1/2). Pre-match and live accumulator bets of at least 3-folds. Max bonus: €120. Sports betting deposit bonus code: FASTFB. Valid until 31 August. Full Terms and Conditions apply. #BeGambleAware.
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18+. New players only. 100% first deposit bonus. Max bonus amount: €100. Minimum deposit: €10. Wagering requirement: 3×. Neteller/Skrill deposits do not count. Minimum odds: 1.50. Valid for 30 days. T&Cs might differ based on country of residence. Full T&Cs apply.

Online Sports Betting in South Korea

Sports betting is one of the few forms of gambling that has been allowed in South Korea throughout the years. Until 1997, locals could bet on horse racing, boat racing, and bicycle racing. But in the same year, several other sports became legal, including football and basketball and nowadays, bettors are also able to use online sportsbook sites in South Korea
Is online sports betting legal in South Korea? No.
Are sports betting sites in South Korea trustworthy? Yes.
Can I deposit via Neteller/Samsung Pay/Skrill?  Yes.
Do online sports betting sites accept KRW? Yes. 

Online Sports Betting Laws in South Korea

Sports betting is regulated by the National Sports Promotion Act, the Bicycle and Motorboat Racing Act, and the Korean Racing Association Act. Ktoto Inc is responsible for the betting market under a license granted by the Korean Sports Promotion Foundation (KSPO), while the Korea Racing Authority (KRA) provides betting services on horse racing.  However, as of September 2019, there are no legal online sportsbook sites operating in the country, due to the Game Industry Promotion Act (GIPA). But South Koreans usually place bets on foreign platforms that are based elsewhere and that the authorities cannot criminalize. Furthermore, on these websites, they are offered several sports to be on, high odds, as well as regular South Korean online sportsbook bonuses and online sportsbook promotions in South Korea

Online Sports Betting Payment Methods in South Korea

There are several ways through which bettors can deposit and withdraw winnings. Naturally, so that operators keep providing them with safe and fair environments, every money transaction must be transparent and legitimate. In this way, the credit and debit cards of VISA and MasterCard are usually accepted. But there are also other alternatives, such as Skrill, Neteller, PayPal or Samsung Pay. More information is available on the online sportsbook reviews directory in South Korea

Online Sports Betting Sites Accepting KRW 

Sports betting is very popular in the country, which is why there are several online sports betting sites accepting KRW. This means that South Koreans are exempt from conversion fees when placing bets on sports.

Check out all the online gambling sites in South Korea