Betting Basics Guide for Beginners in the Philippines

Online betting has taken the Philippines by storm, offering an exciting way to engage with sports, casino games, and esports through mobile apps and websites. For beginners, the world of betting can feel overwhelming with terms like odds, stakes, and markets.

This guide simplifies the essentials, helping Filipino newcomers start safely and confidently on PAGCOR-licensed or reputable platforms like 7XM, YE7, and PS88. Whether you’re betting on PBA basketball, boxing, or slots, these basics will set you up for a fun and responsible experience.

betting basics guide

What is Online Betting?

Online betting involves placing wagers on the outcome of events—such as sports matches, casino games, or esports—through internet-based platforms, typically via a mobile app or website. Instead of visiting a physical betting shop, you can bet from your smartphone using local payment methods like GCash or PayMaya.

  • Examples: Betting on Barangay Ginebra to win a PBA game, playing online slots, or wagering on a Dota 2 esports match.
  • Key Point: Treat betting as entertainment, not a way to make money. The goal is enjoyment, not guaranteed profits.

Why Filipinos Love Online Betting

  • Convenience: Bet anytime, anywhere, with apps like BC.GAME or 1xBet.
  • Variety: Choose from sports (basketball, boxing), casino games (slots, poker), or esports (Mobile Legends).
  • Local Payments: Easy deposits and withdrawals with GCash, PayMaya, or bank transfers.
  • Bonuses: Welcome offers, free bets, or cashback on platforms like YE7 and PS88.

👉 Want to explore top platforms? Check our Top Online Betting Apps in the Philippines 2025.

Betting Basics: Key Concepts

1. Understanding the Stake

  • Your stake is the amount of money you bet. For example, if you wager ₱100 on a PBA game, that’s your stake.
  • Tip: Start with small stakes (e.g., ₱50–₱100) to get comfortable without risking too much.

2. What Are Odds?

  • Odds show the likelihood of an outcome and determine your potential payout. They come in three formats:
    • Decimal Odds (common in the Philippines): A ₱100 bet at 2.00 odds returns ₱200 (₱100 stake + ₱100 profit).
    • Fractional Odds: A ₱2 bet at 1/2 odds wins ₱1 profit (plus your ₱2 stake).
    • Moneyline Odds: -150 means bet ₱150 to win ₱100; +200 means bet ₱100 to win ₱200.
  • Tip: Learn more in our Understanding Betting Odds in the Philippines guide for a detailed breakdown.

3. Types of Bets

Here are simple bets perfect for beginners:

  • Moneyline Bet: Pick the winner of a game (e.g., San Miguel Beermen to beat TNT Tropang Giga).
  • Over/Under Bet: Wager on whether the total points in a game will be above or below a set number (e.g., over 180.5 points in a PBA match).
  • Point Spread Bet: Bet on the margin of victory (e.g., Ginebra to win by 5+ points).
  • Casino Bets: Play slots or table games like blackjack, where you bet on each spin or hand.
  • Tip: Stick to moneyline or over/under bets at first to keep things simple.

4. What is a Betting Market?

  • market is a specific betting option for an event. For example, in a PBA game, markets might include:
    • Who will win (moneyline).
    • Total points scored (over/under).
    • First team to score 20 points.
  • Tip: Explore markets on apps like BK8 or 22Bet to find ones that match your interests.

5. Payouts and Profits

  • Your payout is the total money you get back if you win (stake + profit).
  • Example: A ₱200 bet at 1.75 odds returns ₱350 (₱200 stake + ₱150 profit).
  • Tip: Always check the odds before betting to know your potential return.

How to Start Betting Safely

Follow these steps to place your first bet on a trusted platform:

  1. Choose a Licensed Platform
    Use PAGCOR-licensed apps like PS88 or 7XM, or those regulated by international bodies (e.g., Curacao, Malta). Check licensing details on the app’s website.
    Tip: See our Top Online Betting Apps in the Philippines 2025 for recommendations.
  2. Sign Up
    Download the app (e.g., YE7, 1xBet) from the official website or app store. Register with your name, email, and date of birth, then verify your account via email or ID.
    Tip: Enable two-factor authentication (2FA) for added security.
  3. Deposit Funds
    Add money using GCash, PayMaya, or bank transfers. Start with a small amount, like ₱100–₱500.
    Tip: Read our How to Deposit with GCash and PayMaya guide for step-by-step instructions.
  4. Place a Bet
    • Pick an event (e.g., a PBA game or esports match).
    • Choose a market (e.g., moneyline or over/under).
    • Enter your stake and confirm your bet.
    • Tip: Use welcome bonuses or free bets to practice without risking your own money.
  5. Track Your Bets
    Monitor your bets in the app’s history section to stay aware of your wins and losses.
    Tip: Set a budget and stick to it to avoid overspending.

Safe Betting Tips for Beginners

  • Set a Budget: Decide how much you can afford to lose (e.g., ₱300/week) and never bet with money needed for essentials.
  • Start Small: Bet low amounts until you’re familiar with the process.
  • Avoid Chasing Losses: If you lose, don’t bet more to “win it back.”
  • Use Responsible Gambling Tools: Set deposit or time limits on apps like Megapari or BC.GAME.
  • Learn the Sport or Game: Research teams, players, or game rules to make smarter bets.
  • Tip: Check our Safe Betting Tips for Beginners for more strategies.

Responsible Gambling Essentials

Betting should always be fun, not stressful. Keep these principles in mind:

  • Bet for Fun: Treat losses as the cost of entertainment, like buying a movie ticket.
  • Take Breaks: Don’t let betting dominate your time or emotions.
  • Know When to Stop: If betting feels overwhelming, use self-exclusion tools or contact support like PAGCOR’s Responsible Gaming Program or Gamblers Anonymous Philippines (+63 917-558-4673 for mental health support).
  • Tip: Read our Responsible Gambling in the Philippines guide for resources and tools.

Final Thoughts

Online betting in the Philippines is an exciting way to enjoy sports, casino games, and esports, but it’s crucial to start with the basics. By understanding stakes, odds, and simple bets, and using trusted platforms like PS88, YE7, or 7XM, you can dive in with confidence. Always bet responsibly, stick to a budget, and prioritize fun over profit. With these fundamentals, you’re ready to explore the world of betting safely and enjoyably.

👉 Ready to get started? Check our Top Online Betting Apps in the Philippines 2025 and Understanding Betting Odds in the Philippines for more guidance.

Scroll to Top