According to the Google Definition search, betting denotes the action of wagering money on the outcome of a race, game, or other unpredictable events. The primary intention of betting is to win material goods or money. On that premise, betting can only serve its purpose if three other elements are present, which are: consideration (the amount wagered), risk (chance), and a prize.
The outcome of betting is usually down to chance, more specifically, luck. Other times, it is how skillful you are at a specific game that determines the result. That is why you might leave with less money than you started with, and sometimes empty-handed.
On the flip side of the coin is where you win the game and strike the jackpot. Suddenly, your bank account has more zeros than a student’s report card. You no longer frown your brows over any problems, big or small. The days where you sleep to dream about purchasing a Lamborghini and traveling around the world are gone. You finally understand the chapter in mathematics, where it talks about lines and angles because you will live a life that undergoes a drastic 180-degree angle change. Suddenly, you can live life lavishly.
You see, betting is one of the most exciting and stimulating activities to do. It comes in many forms, including casino games like Baccarat and slot games, lotteries, sports betting, and plenty more. So, what is it about betting that people adore and keeps them coming back for more?
Other than having the opportunity to take home a remunerative reward, it is the thrill of not knowing what will come out of each bet you place but giving it a whirl anyway, that makes betting so enticing. It is a social circle for bettors and like-minded individuals to come together, share their hobbies, and engage in a friendly competition. On top of that, it is a great past time that lets bettors occupy themselves in the latest games. Furthermore, it feeds the pride of a bettor when he or she successfully makes the right guess and places the right bet. Most importantly, betting is a form of entertainment that rewards a bettor for being a risk-taker.
Betting has come a long way. It dates back to the Paleolithic period. Needless to say, it stood not only the test of time but the evolution of culture and social norms as well. Since the first and oldest brick and mortar casino in Venice, the betting culture continued to assimilate and became ever-present in our daily lives and routines.
In time, more land-based casinos are erected. Some of the prominent brick and mortar casinos to date are such as the Bellagio in Sin City and Venetian in Macau. Situated strategically in the heart of the city, these entertainment hubs are packed with local and foreign visitors day and night, and offer a multitude of casino games, living up to the definition of non-stop fun.
In Malaysia, our version of Sin City is none other than Genting Highlands. As one of the largest tourism destinations in Malaysia, Genting Highlands boasts two legal brick and mortar casinos, namely Casino de Genting and Sky Casino.
The architecture for these casinos is on-par with the ones previously mentioned. It is elegant, grand, and modern. Not to mention, these casinos in Malaysia are equipped with an impressive collection of classic and electronic games combined with cutting edge gaming technology. We are also one of the countries to have the largest selection of casino games in Asia. Malaysia Boleh!
Like any other business, brick and mortar casinos take measures to ensure that their daily operation runs smoothly. One of the things they do is upgrade older version games by bringing in the latest and trendiest ones into the casino. Another approach casino operators take to keep the interests of their bettors is to provide a pleasant gaming environment. Although a casino is a lively and buzzing communal area, bettors will still find themselves having a good time because the ambiance is very relaxing. On top of playing, there are also designated areas that bettors can lounge at to take a break or to grab a quick bite.
In addition to the efforts above, brick and mortar casinos also implement a tier system to reward their bettors accordingly. Bettors that sign up to the rewards programs and are tiered will receive different privileges, such as member-only entry to an exclusive VIP game room, points that let members redeem expensive gifts, and plenty more.
Looking at the above, land-based casinos do seem like a haven for pleasure seekers. But can a traditional business like theirs keep up with the ever-changing pattern of the betting industry and tastes of the bettors and players? Barely. If anything, it is safe to say that nothing can outperform and outdo digitalization and technology.
Here is an example. Say, you are on a food adventure, and your destination is Funny Mountain Tau Fu Fa, Ipoh. That is about a 2-hour drive from Kuala Lumpur. Had technology didn’t take over, you would be driving following the direction of a map. Assuming you do arrive in Ipoh after taking ten wrong routes and spitting 1000 curses, where exactly is Jalan Mustapha Al-Bakri? That’s right, you don’t know.
Now, with technology and digitalization, a navigation app that is, you can easily find Jalan Mustapha Al-Bakri, dig into that smooth Tau Fu Fa, and save yourself extra mileage and time on the road, no need so mafan.
This is the same as the casino business and industry in Malaysia. For a society that grows to be more impatient, we want things quick, seamless, and convenient. And to survive in such a harsh and fast-paced environment, the only way to keep up is to go digital. To stay pertinent, many casinos plus casino game providers and developers have taken the initiative to adapt to the rapid changes – providing an online casino platform to the target audience.
Now, a traditional and a virtual casino both offer bettors the opportunity to gamble on their favorite games. Therefore, it is only fair to say that some might prefer attending a game at a physical location, so they can see the game unfold in front of them, touch the chips, throw the dice, and revel in the lively atmosphere. On the other hand, some bettors prefer to go about their games at their own pace and in the comfort of their own homes, without interaction and in a conducive environment.
Having two choices to choose from can leave bettors on the fence. Indeed, the sheer difference between a traditional and an online casino is the actual location – one in a virtual world and the other a reality. However, there is no denying that a virtual casino possesses more benefits and is comparatively better than its counterpart.
Looking for the best online casino experience in Malaysia? Look no further than i8 (iBET) Live, the leading and most trusted gaming platform in the country. We pride ourselves on providing the highest quality virtual gaming experience to our players.
What sets i8 Live apart from the competition? Our expertise and experience in the digital casino industry. We know what it takes to deliver the best gaming experience to our players, both locally and overseas. And with i8 Live, you can enjoy all the benefits of a virtual casino, including convenience and accessibility.
Online casinos offer higher bonus rates and have more variety. Free Spins, No Deposit Bonus, Welcome Bonus, and Monthly Deposit Bonus are some of the bonuses bettors can obtain.
However, online casinos will require bettors to fulfill a wagering requirement before allowing them to obtain or use the bonuses offered. And to be frank, some online casinos do not state the wagering requirement in detail.
i8 iBET is very transparent and thorough with our wagering requirement. Whatever that is presented to our bettors, is what they seem to be; nothing more or less. This way, bettors can be confident with our modus operandi and gamble with an ease of mind.
Many bettors are choosing to play online. With that said, more bet money can go to the jackpot pool, which helps increase the amount rapidly.
The stark difference really puts traditional casinos in the shade.
Forget about processing time! You can deposit or withdraw money using your online banking account, or i8’s in-site payment options such as DPAY and iCARD. i8 iBET also lets you transfer your betting funds from one game room to another.
Your payout will also be deposited into your account immediately.
Land-based casinos will encounter a shortage of seats, and the pace can get hectic. This either creates a tension for the bettors, or they slip the opportunity to try a game out because they don’t favor waiting. For online casinos, there is no such thing as a rush policy or gaming floor limitations. Instead, you get to set the ambiance and play the games at your desired pace during the day or night.
Talk about round the clock. If you have the sudden urge to play a game of slot at one in the afternoon, think about the hassle of having to put on something decent, getting out of the house and into a car, driving and finding parking, only to get to a casino. By the time you are on the road, the urge has probably subsided. Let’s not forget about the petrol and parking cost; why so mafan?
Traditional casinos don’t provide sports betting and lottery. Not only do online casinos have the upper hand already, but we have also bridged the gap between profiting and offering diverse options to our bettors.
Online casinos cover the full spectrum of mobile gaming by being accessible via desktop, tablet, laptop, and cellphone. Any new trends can be implemented or adapted into the platform with immediate effect too.
Online casinos accept multiple currencies, unlike a land-based casino that accepts one kind of currency only. Multicurrency helps prevent currency conversion fees and purchase credit in the preferred currency.
Online casino goers can expect support via email, a chat app, or an in-site live chat from professional and helpful customer service to provide thorough instructions, explain betting rules or narrow down game-specific terminologies round the clock.
When you are playing online games, the speed of the game is as fast as you can click and is not restricted by other players and dealers, which is the case for a traditional casino.
A bettor can also last longer playing online games because the minimum bet is much lower. Brick and mortar casinos impose a hefty minimum bet, which can be burdensome for some. It is plain to see that playing more hands quicker will lead to rapid losses.
Therefore, having the ability to control your rate of play and bet amount, plus, betting in smaller minimums can help bettors sustain their bankroll and increase longevity while playing.
Belum cuba, belum tahu; sudah cuba, pasti mahu. If we don’t try new games, we will never know if it is worth the hype, time, and money or not.
This is where an online casino like i8 iBET does its part – it lets you try new games for free. This allows bettors to get a hang of the game, practice, and get a feel for the game before deciding if and whether to play for real money.
A brick and mortar casino doesn’t have a play-for-free option and expects bettors to play for real money at the first try, with no opportunity to practice for free.
The online casino Malaysia industry is a profitable one. To date, the revenues online casinos bring in have far surpassed the profits generated by its counterpart, and there are no signs of stopping. This is because the online gambling sphere is expanding, and providers/developers are continuing their efforts in adapting modern technology to online recreational activities. Plus, more and more bettors are opting for seamless services that will maximize their value for money.
Setting up and maintaining a brick and mortar casino is no cheap and cheerful project either. Licensing and software-related expenses take up the largest portion of the pie chart. There are also other miscellaneous expenditures such as the employees’ salaries, installation of gaming equipment, and acquisition of land to build the actual casino and set up the interior.
Knowing how to take care of these funds is imperative because it helps manage the casino’s entire operational activity. Any slip up would cost the business a fortune. On the other hand, the start-up costs and maintenance fees for online casinos are at the bare minimum. Plus, the software can be developed either from scratch or licensed providers.
Online casinos are also well ahead of brick and mortar casinos in terms of implementing effective promotion and tracking capabilities. Not only are we able to track our audience’s gaming activities and execute traffic forecasting, but we can also segment our audience and offer a targeted promotion and treat our players with incentivizing bonuses. The progressive nature of our business has also helped us create retention tools and loyalty programs that contribute to bringing in and converting new players to loyal ones.
The Malaysian gambling industry is not always rainbows and butterflies. As a Muslim country, the Shariah Law states that our Malay brothers and sisters are prohibited from gambling. The Betting Act of 1953 also hinders the operation of a physical casino.
However, Malaysia online casino like i8 iBET doesn’t restrict anybody from joining the fun, since it is free and so easily accessible. After all, entertainment is meant to be shared and enjoyed together. Plus, with the presence of VPNs and proxy servers, the identity of the bettors are protected.
Now, to be completely truthful, an online casino is much harder to regulate. But because i8 iBET is an all rights reserved platform that upholds integrity in our modus operandi, we ensure that our business is monitored and regulated by a third party to promise fairness and transparency. i8 iBET is licensed and regulated by PAGCOR (Philippine Amusement and Gaming Operation), a government-owned and controlled entity that administers casino operations.
To encourage fair play, i8 iBET implements some of the most advanced technology systems, and work together with world-class gaming information experts to make certain that all of our online games are of top-notch quality, and meet the standard regulation. Besides that, i8 iBET performs regular security checks to ensure that there are no rogue bettors with ill intentions and that all bettors abide by the rules. Adding into the bargain, all of i8’s live dealers undergo an exhaustive training to further uphold our standards in fairness and legitimacy of each game.
To strengthen our online gambling platform, i8 uses the latest gaming software to ensure that any required calculations are carried out accurately and fairly. To top it off, we execute encryption technology to monitor access to the i8 iBET site day and night, and on all of the monetary transactions to prevent any fraudulent activities.
Bettors can rest assure that i8 iBET is one of the most secure and trusted online websites.
To give our bettors the most optimal gaming experience, we have partnered up with other online game providers and developers to not only improve the quality of our games but to add to our already-astounding collection of online games as well. This helps keep our options fresh and leaves bettors coming back for more.
To date, we have collaborated with more than 30 plus prominent and experienced game developers and providers, all of which share the same end goal – to give bettors an unforgettable gaming experience in a safe and secure environment. Some of these partners are Asia Gaming (AG), Microgaming, Kuma Gaming, 918KISS, MaxBet, Playtech, AllBet, Gold Deluxe, and plenty more.
These partners further add value to our online casino business by enhancing and filling in what i8 iBET lacks. As a result, i8 has more than thousands of online casino games that bettors can choose from. i8 has deduced our games into four categories, namely live casino games, sports betting, slot games, and lottery.
When playing live casino games like Roulette or Blackjack, bettors can expect a seamless and interactive session with our professional and attractive live dealer.
On top of being able to bet on major football leagues such as the English Premier League, Serie A, La Liga, and Bundesliga, bettors can also bet on other popular sports like basketball, baseball, as well as Esports. This is not all, though. i8 lets bettors bet on these adrenaline-packed matches, while simultaneously spectate the matches live via a free online streaming room.
Our slot games have a myriad of themes. Be it horror, Hollywood, or action, i8 has it all. Not to mention, all of our slot games are equipped with realistic graphics and sound effects with high payout rates. To bring it up a notch, i8 offers slot games that are, well, out of the box – erotic and X-rated slots. Hot babes and jackpot, the perfect combo!
To turn lucky numbers into cold hard cash, bettors can try their luck at some of the online 4D lottery providers we have partnered with, like Magnum, Toto, DaMaCai, and the likes.
Now, we understand that the betting community is a large one. That means bettors from all walks of life and age are engaged in our platform. With that in mind, i8 builds the website in such a way that it is easy to use and understand. Simple directory, visible buttons, and most importantly, with no confusing drop-down panels or options that will bring up another unrelated page. If a bettor encounters any issues when maneuvering our casino online, i8’s friendly and prompt customer service will always be ready to serve.
Another notable feature that makes i8 the first among equals is our entertainment services. Remember the free online streaming room mentioned earlier? You can find that on iTV, a free live streaming room that lets you watch unlimited sports matches. If you want to take a break from watching sports, head over to iMOVIE instead, where you can stream the latest movies, no matter the genre, for free too. iMALL is another one of our entertainment services that lets you redeem luxurious and branded items using the points you have collected from each valid bet you place.
It would be pretentious had i8 said we look beyond profit and care only about our bettors’ experience. After all, we are a business and a business must earn. However, on top of becoming a successful online casino Malaysia business, we believe to balance the other side of the equilibrium is by having loyal bettors that come back to us time after time.
We achieve that by taking care of the welfare of our bettors. We stay true and transparent with all of our conduct. We reward them for being loyal to us. We constantly improve ourselves to present only the best service and online casino games to our bettors. Most importantly, we live up to being a trusted online casino in Malaysia and provide a safe and secure environment for our bettors. i8 believes that as long as we stay true to our core, both the business and bettors will get to indulge in one of the most rewarding online gaming experience.
Look no further, you. Get to enjoy the best with i8, now.Register Now