In today's market, more and more online business models are emerging that have eventually decided to enter the world of sports betting. This is precisely the case with NextBet Philippines, which, although a poker table company based in the Philippines, offers a betting section on major competitions. Is it worth choosing this bookmaker over other competitors? For those wondering, below is an analysis of everything you need to know about sports betting at Next Bet.
Sports available at NextBet
The first factor to consider in our analysis is the number of sports and markets available at the site. Currently, you can find platforms with more than 50 sports to choose from. What about NextBet? Within its platform, 22 sports can be accessed, which is quite in line with other notable options available in the Philippines.
Starting with the options presented in the "main events" window, the most prominent sports on this platform are football, basketball, and tennis. Other sports such as mixed martial arts and auto racing are also well represented. The betting markets offered here are quite extensive.
As for popular events such as the Premier League, there are no less than 220 different actions and scenarios that can bring profits to customers. In the case of tennis, which is covered by NextBet Philippines, there are up to 57 different options to choose from.
Poker games on the platform
When analyzing this platform, we think it is important to remember that it is primarily focused on poker games. So while it does not offer casino games, customers will find it to be at least the most sought-after activity among gambling enthusiasts.
The first thing that catches the eye is that players need to download the software on their desktop computers to use this section. However, if they want to play on a mobile device, they can access the platform through web browsers such as Chrome, Firefox, Safari, etc. Options abound, as expected, including Texas Hold'em and Omaha tables, all available in real-time. In addition, we share the opinion of NextBet, which reflects the convenience of additional factors such as "poker school" and many others.
Promotions available at NextBet Philippines
For digital betting enthusiasts, it is obvious that the best site is often the one that offers the most attractive promotions to its customers. In the case of NextBet, despite restrictions due to the legal framework in the Philippines, there are still some interesting offers.
On their "Promotions" page, NextBet Philippines presents "Goal 7," which draws up to PHP 50,000,000 each week. In addition to that, they offer strong upside odds for combo bets, the ability to change your mind at any time, even during the match, free bets, and VIP member schemes, which are not very common in the Philippines and offer many additional benefits. To be fair, the platform, as shown on the Past Promotions page, is constantly innovating and creating new offers, so it is always recommended to check the available options while betting.
Options in odds
As all online betting enthusiasts know, odds are the ratio of potential winnings that a bookmaker can offer depending on the amount bet on a particular event. Currently, you can find sites with average odds of up to 97.6%. So, are sports betting at NextBet as profitable?
Based on our experience and comparison with other competing platforms, we can say that bets at NextBet offer odds of up to 94.3% in major tournaments and matches. This makes NextBet one of the pages that brings the most profit to its customers, even though sports betting is not its main focus.
NextBet Philippines deposit and withdrawal methods
Although betting is primarily online entertainment, obviously the main goal is to end the day with some extra winnings. It has already been mentioned that NextBet generates good profits, but is it so easy to transfer that capital to customers' accounts? We share the opinion about NextBet that the site has the appropriate mechanisms for that.
Deposit methods
Virtual wallet funding options include Visa, MasterCard, PayPal, Neteller, Skrill, Apple Pay, Paysafecard, and bank transfers. Except for bank transfers, transactions are reflected in the overall balance immediately. A minimum deposit of PHP 15000 is recommended.
- GCash
- PayMaya
- PayPal
- Coins. ph
- GrabPay
- Lazada Wallet
- ShopeePay
- UnionBank EON
- BDO Online Banking
- MetrobankDirect
- RCBC Online Banking
- PNB Online Banking
- Security Bank Online Banking
- EastWest Online
- Landbank iAccess
- CIMB Bank PH App
- BPI Online Banking
- Maybank2U PH
- UCPB Connect
- PSBank Online
Withdrawal methods
Finally, to withdraw money from the NextBet sportsbook, users can use the same channels mentioned above. However, it should be noted that the waiting time can stretch up to 24 hours for digital wallets, while for accounts tied to banking institutions, the process can take up to 5 business days.
License
Security is of paramount importance when it comes to online betting, and one must assume that there is always a minimum risk when operating online. In the case of NextBet Philippines, it is good to know that the bookmaker is licensed by the Philippine Amusement and Gaming Corporation (PAGCOR), granted by the local government. This is no small detail as it ensures that the platform operates by the law, allows complaints to the government organization, and ensures that the site manages user funds properly.
Customer support
Finally, the only potential drawback that users of this platform may encounter has to do with customer support capabilities. There are no real-time support methods for those who need help. The platform relies on a contact form that is available 24/7. They also provide a fax number for their offices as well as a mailing address. Although the FAQ section is quite comprehensive, we believe of NextBet that the channels of communication are, to say the least, limited.
FAQ
Is NextBet licensed to operate in the Philippines?
Yes, NextBet is regulated by the Philippine Entertainment and Gaming Corporation (PAGCOR) in the Philippines.
What payment methods does NextBet accept?
NextBet accepts a variety of payment methods, including credit/debit cards and bank transfers.
Does NextBet offer live betting?
Yes, NextBet offers the ability to place live bets.