- February 16, 2023
Most of the population in Indonesia is Muslim. Therefore, gambling is illegal for them as they follow their religious rules. However, online gambling is still becoming popular among Indonesians. Today, we will talk about one of the popular forms of gambling in Indonesia - sports betting.
Sports Gambling History in Indonesia
Gambling, both physical and online, has always been part of Indonesian culture and history. As a result, it is popular in the country. Nonetheless, gambling is illegal in Indonesia, but people in Indonesia still love to gamble. Indonesians use VPNs and international betting platforms to hide their identity when gambling online. Moreover, the analysis of the Indonesian gambling market showed that smartphones and the Internet made smartphones popular in the country and used as an entertainment platform, especially when they are traveling.
Sports Betting Market Growth in Indonesia
As mentioned above, smartphones and the Internet, there were 210.67 million smartphone users in 2022, and 75.4% of the total population of the country is using the Internet. Based on the 2023 Indonesia Gaming Market Analysis, Indonesia’s economy is the largest in Southeast Asia. The country’s GDP per capita was USD 4,291.8 in 2021 and will continue to grow by 3.7%. In terms of the sports gambling market, 49% of the population of Indonesia is into sports betting. Moreover, the level of interest in sports betting in Indonesia is at 69%. Additionally, 50% of the people who are gambling are male, while 46% are female. As a result, you may stumble upon various sports gambling sites in Indonesia.
Famous Sports Gambling Games in Indonesia
Based on the Introduction to Indonesia’s Popular Gambling, sports, and eSports are among the famous online gambling games among Indonesian gamblers. Sports betting is known to have better odds and more gameplay than the lottery. As a result, it is much more popular among Indonesians. They can bet on any kind of sports they want - from soccer, basketball, volleyball, and badminton to darts. ESports, on the other hand, make use of electronic devices like personal computers for a player to play. Then, gamblers can bet on various players that play video games.
Indonesian Sports Gambling Market in 2023
Due to the high amount of smartphone users, Internet users, and power consumption, online gambling may see great market growth. That being said, the Indonesian sports market growth in terms of gambling may see better days in 2023. Indonesia's mobile network can reach 15.82mbps, and the average connection speed of the internet speed is 20mbps. If we compare it to previous years, we can see clearly that the Internet speed of the country has improved and increased. Moreover, online gambling is easily accessible now because of the development of mobile phones and other devices. At some point, Indonesia is known to be a digital nation because not only do Indonesians uses phones and the Internet, but they also use e-wallets for their daily transactions. As a result, the rate of usage of phones, the Internet, and e-wallets in Indonesians goes well together with the development of online gambling platforms.
For a hopeful businessman, you must determine what you need to know to enter the Indonesian online gambling market. Online gambling is deemed to be safer than physical gambling in Indonesia. You don’t have to worry about people knowing your identity. There is no risk of getting caught, and it is more convenient because online gambling platforms accept cashless transactions. Luckily, TC-GAMING Indonesia White Label is here to help hopeful businessmen. TC-GAMING launched the Indonesian white label gambling program. It includes the most popular game for Indonesian users in the Indonesian online gambling market. TC-GAMING Indonesia White Label gambling supports multilingual services and conversion. TC-GAMING Indonesia White Label gambling solution allows you to enter the Indonesian online gambling market easily to be a lot closer to the Indonesian online gambling market