Online Casino Bangladesh

Bangladesh Online Casino Sites

Online Casinos in Bangladesh are becoming popular. We have some of the best and biggest online Bangladesh casinos on 1Casino1 guide. Some of our most prominent casino lists include Jackpot City, 32 Red Casino, Rizk Casino, BGO Casino, etc. You can choose from a wide range of options that best suits your needs.  As the trend of engaging with online casinos is new in Bangladesh, users may lack detailed information on how to choose a good online casino. Many considerations should be carefully assessed for doing the same. Some of the key tips for choosing a reputed and high-quality online Bangladesh casino on 1Casino1 are as follows:

Open to Your Country

Want to play in an online casino in Canada and win real money? Maybe an online slot machine or roulette in the UK? This paragraph is for you. The most basic consideration for choosing online casinos is to ensure it is open to your country. If your country’s authorities do not allow online casinos to operate, then you may be able to still play but you may face problems while redeeming your winnings. It is best to check with the online casinos whether they accept players from your country. You do not want to end up in a situation where you will be unable to claim your prize money. Whether it’s an online casino from a neighboring country like India or Thailand, or from a distant country like Mexico or UK, some of them can block visitors from Bangladesh by default.

Reputation and Transparency

The reputation and transparency in operations of an online casino should be carefully studied. You must check if it puts too stringent and unreasonable withdrawal limits. If an online casino puts restrictions on withdrawals and it may take you a few years to withdraw, then it should be avoided. Some casinos can also tweak their online casino games and significantly lower your odds of winning against what is advertised. You should check such things before signing up with them to avoid any disputes and losses later.

Type of License

Casinos have licenses that make them legal entities to work in a country. You should check if your country has licensed the online casino. If you choose to play with an unlicensed online casino, you will not be protected by any regulatory authority in case of problems with the casino. If they do not honor your winnings, you will be unable to approach the regulator for help.

Revenue

Revenue may not seem like a very important consideration for choosing a good online casino. However, you must pay close attention to it. If a casino has total revenue that is less than their jackpot offering, they may be unable to honor the jackpot prize. They may become bankrupt in such cases. Some of the best top online casinos do not limit their slot games as it will drive away the big-ticket players. However, they can put restrictions on your withdrawals which can be rigid and may take you a long time to withdraw the entire winnings. You must be sure that an online casino has the financial strength to honor your winnings

Bonus and Its Conditions

Bonus and promotions are important ways to attract customers to online casinos and retain them. Casinos offering a higher and more transparent bonus and promotions are preferred by more customers. Some customers can earn a considerable sum of money using only bonuses. They are known as bonus hunters and are disliked by most casinos. They may devise bonus and promotion strategies to overcome these bonus hunters. If you do not comply with their regulations, your bonus might be seized. You should check the bonus and promotion conditions of the online casinos before signing up with them.

Also, it’s worth mentioning that many of the top online casinos offer some free no deposit casino games to accumulate some experience before depositing real money. Those free games can range from Baccarat or roulette to live casino games in some cases.

Deposit and Withdrawal Methods

You should check the deposit and withdrawal methods offered and the costs associated with them. Each person has their preferred deposit and withdrawal methods. Some may prefer bank transfers while others may like debit or credit cards, online wallets like PayPal, Skrill or Neteller, etc. The top online casinos want to attract as many gamblers as possible, and therefore they accept a lot of different deposit withdrawal methods. and The average time taken for withdrawal is also important. In some cases, the withdrawal time can take up to 7 days. The wider the deposit and withdrawal options and lesser the withdrawal time, the better it is for you.

Online Gambling in Bangladesh: Laws and Regulations

Bangladesh is a vibrant and developing Asian country. It is a predominantly Islamic country with nearly 90% of its population being Muslims. Islam does not permit making wealth by gambling. It preaches that its followers should make money by doing hard and honest work. Islam also does not allow indulging in gambling for recreational purposes as doing so can lead people to neglect their responsibilities towards society and the almighty. Hence, gambling is illegal in Bangladesh. The Public Gambling Act, 1867 regulates gambling activities in Bangladesh. The law is very old and dates to the British regime. However, it was amended twice, once each in 1973 and 1976.

These amendments prohibit gambling in public spaces and empower the police and authorities to penalize people doing so. The law defines public spaces as public buildings, monuments, and streets to which the general public has access to. It is important to note that the lottery is excluded from the definition of gambling in Bangladesh. Only betting on horse racing is legal in Bangladesh as a form of gambling, and some people may even take loans to cover up their losses in this particular betting. If one is caught indulging in gambling, they can be penalized with up to 1 month of imprisonment and a fine of 100 Taka ($1.25). The fine increases with every subsequent attempt of indulging in gambling and getting caught.

Despite the law and penalties, many of the top online casinos in the world have become hugely popular and are thriving in the country. The proliferation of the internet and rising disposable income of the population has driven them towards online gambling. The online gambling industry is expected to reach nearly $80 billion in Bangladesh by 2022. The Public Gambling Act has not been updated recently. This means it does not include any directives on the use of the internet for gambling. There are no laws in the country for regulating the online gambling industries. This has made it possible for many popular and credible offshore online casinos to thrive in Bangladesh.

The casino should be registered and licensed offshore and should continue to operate outside the jurisdiction of Bangladesh’s territory. There is no law or guidelines on who can participate in online gambling. Usually, if you are an adult above 18 years and satisfy the eligibility criteria of the online casinos, you can play on their platform. Since there is no law regulating online gambling in Bangladesh, there are no provisions for any taxes on the prize money. This means you don’t have to pay anything on your winnings which makes online casinos more attractive.

Gambling History in Bangladesh

Gambling has remained a popular recreational activity in Bangladesh. Though Islamic beliefs and government laws prohibit gambling, people indulge in gambling at different levels. It provides people a platform for social bonding and recreation. Gambling has been prevalent in Bangladeshi society for a long time. It has had a negative effect on the local society and economy too. During 2004-2009, more than 11% of Bangladeshi households spiraled into poverty due to distress sale of their land for indulging in gambling.

The Bangladeshi population, especially the youth, is highly fond of online gambling. The penetration of the internet and ease of its availability has provided a perfect enabling environment for online casinos to thrive in. However, these online casinos do not operate within the jurisdiction of Bangladesh as it is prohibited by the law. Popular online casino brands like Betfair, Jackpot city, Rizk, etc. have made their way into the lives of the youth. While gambling is a punishable offense in Bangladesh, the law is known to be selectively implemented. There are hardly any reported instances of people being imprisoned or fined for gambling in online casinos that are registered and licensed offshore.

The youth has also become smarter and use technology to bypass the authorities. You can use a VPN ( virtual private network) for additional security and being safe from the authorities. It is evident that the Bangladeshi population will continue to indulge in gambling, especially through online casinos in the near future. Putting a complete ban on it is not the solution and the government is unlikely to do the same. If it is done responsibly, online gambling can provide an excellent blend of recreation and money-making for the Bangladeshi population.

The Future of Online Gambling in Bangladesh

The online gambling industry in Bangladesh is gaining popularity. Easy availability of the internet and rising disposable incomes are the key drivers of this industry in the country. The online casinos are well-equipped and provide the latest technology and excellent gaming experience to the end-users. It is expected that they will make use of virtual reality which will give a more engaging and immersive experience. You will feel closer to the experience of playing in an actual casino. The live dealer gaming option is also becoming very popular among the Bangladeshis indulging in online gambling. Most of the popular online casinos are providing live dealer options to the players. It is predicted that in the near future, the games that you can play with human croupiers are likely to increase considerably.

There is also a greater innovation and flexibility in the payment and withdrawal methods. Cryptocurrencies have been becoming popular with the Bangladeshi population. Cryptocurrencies like Bitcoin, Altcoin, etc. are being accepted more widely in the country. The biggest benefits of these currencies are that they are anonymous and allow cheaper transactions. Due to this, they are becoming the most popular and preferred payment method in the online gambling industry in Bangladesh. This adds more security as gambling is illegal in Bangladesh. However, the flip side is that owning cryptocurrencies is illegal in the country and you can be penalized for the same. Hence, you should be careful while using them for online gambling. Another area promising tremendous growth in the online gambling industry in Bangladesh is mobile casinos. Whether it’s baccarat, poker or online slots, you can play casino games through your mobile platform on the go and from anywhere which is likely to drive it further.

Bangladesh Casino Online FAQ (7)

• Is It Legal to Play on Online Gambling Sites in Bangladesh?

  Gambling is illegal in Bangladesh according to government laws. It is a punishable offense. However, the Public Gambling Act 1867, does not say anything about online gambling. It was last amended in the year 1976, which was before the advent and proliferation of the internet.  You can indulge in online gambling as long as the online casino you sign up with is registered and licensed outside Bangladesh. It should also be working outside the jurisdiction of Bangladesh. You can also use a secure VPN to add more security and remain anonymous during online gambling.

• Do Bangladesh Authorities Allow for Online Sports Betting?

  Sports betting is illegal in Bangladesh, with the exception of wagering on horse racing. You can place bets on the race day at stipulated places and with licensed bookmakers. This is also heavily regulated. Betting is not allowed in any other sports in the country. There are no Bangladesh-based sports betting websites. You are, however, free to legally access sports betting websites of other countries. There is no sports betting website that is available in the local language-Bengali.

• Is online gambling safe for Bangladesh?

  Online gambling is not totally safe in Bangladesh. It is not regulated by the law and is legally not allowed in the country. There are no online casinos that are licensed by the local government. The government has recently become active and has started targeting online casinos. This may mean that many reputed online casinos may exclude players from Bangladesh to remain safe from the law and regulators. Some shady online casinos can also compromise your personal information and put you at a greater risk.

• Are Bonuses Offered by Online Casinos in Bangladesh?

  Online casinos in Bangladesh offer bonuses. Many of them provide a welcome bonus to attract more customers and retain them in the long run. It motivates them to register and play. You need to provide the requested personal information on the website and complete the registration for getting the welcome bonus. You need to be clear of the wagering requirements too. If an online casino gives you a bonus of $1 and a wagering requirement of 10x, it means you will need to spend $10, before withdrawing your winnings.

• What Are the Available Deposit Methods?

  Sending money overseas is regulated and restricted in Bangladesh. Hence, using your debit card and credit card for depositing money in your online casino account may be difficult. You will also need an international debit or credit card to do so. One of the best ways to deposit money is through wallets like Skrill and Neteller. It is recommended to choose USD as the currency. You can deposit in your wallet through bank transfer and route it to the online casino account.

• What is an online casino?

  Casinos have been hugely popular in the world of gambling. With the advent and widespread use of the internet, casinos have gone digital now. You can play the same games on online casinos that you would in a physical casino. Online casinos have made it possible to gamble in the comfort of your home. You do not have to be a computer wizard to play games on the online casinos. It provides you a unique combination of recreation and a way to earn money. Most online casinos provide you a welcome bonus on sign up which is a fair incentive to play on their platform.

• Which online casino pays the best?

  There are many reputed online casinos that you can play on in Bangladesh. Jackpot City is a popular casino that offers a welcome of $1600 along with a VIP bonus. The welcome bonus on Spin Palace is $1000 while it is $800 on River Belle.