Fast Payout Sites Attract Boxing Bets in Japan
Boxing is huge in Japan. So huge, in fact, that Japan is one of the top five countries where the sport is celebrated. Crowds flock to boxing matches all over the country. Boxing was first introduced in Japan in the 1854 by American sailors. It was originally called Western Professional Sumo. The first Japanese boxer to win a world championship title was Yoshio Shirai, in 1952, and since then Japan has produced more than its fair share of notable boxing champions.
To Bet or Not to Bet?
We know that Japanese sports fans love to watch boxing, but do they love to bet on boxing matches? The answer, of course, is a resounding yes. Sports betting has always been popular, but the legalities surrounding gambling in Japan made it difficult for Japanese players to place bets on boxing matches in the past. However, now that fast payout online casinos have spread like wildfire in Japan, like the ones listed on this website, betting on boxing matches is fast becoming a national pastime.
What is a Fast Payout Site?
Fast payout sites are casinos and online sportsbooks that do not make their players wait an interminable age to withdraw their winnings. For Japanese players, the speed of a payout can be a deal breaker. Slow payout casinos just don’t do well in a country that places so much importance on being able to withdraw funds in a flash. You would think that this would matter to players all over the world, but somehow casinos in Europe, for example, manage to get away with slow processing times. But not in Japan. If a site is slow to payout, word will travel fast, and Japanese players will avoid that site like the plague.
Make or Break
One of the first things that most players look for when choosing a new site to place bets on boxing is the processing time for payments. Obviously, Japanese players look for sites that are licenced, well-designed, and that offer all the sporting events that they wish to bet on, but processing times are just as important as everything else. Even a good bonus will be ignored if a site is too slow to payout winnings. This means that any site that takes longer than 24hrs to process a withdrawal request is unlikely to succeed in the Japanese market.
Payment Methods That Speed Things Up
Payment methods certainly influence the speed of withdrawal. If a player in Japan wants to bet on a boxing match, they would be wise to select an e-wallet or a virtual currency as their payment method. E-wallets offer instant deposits. And it usually only takes a maximum of 24hrs for an e-wallet payout. Virtual currencies, offer even faster withdrawals. In most cases, the withdrawal can be completed in less than an hour or two. Bitcoin, Ripple, Litecoin, Ethereum are all available to Japanese players.#
Boxing Rules
The question you may well be asking now: ‘is it legal to bet on boxing in Japan?’. Well, recently, Japan has relaxed its stringent rules on gambling, which means that casinos are finally able to open their doors, but whether land-based sportsbooks will be able to serve Japanese sports bettors is yet to be seen. In the meantime, Japanese are allowed to access international betting sites in order to place bets. It’s somewhat of a legal loophole. And international online gambling sites have been quick to get in on the action. What these sites are finding, however, is a much more discerning audience. Japan-facing sites have had to pull their socks up and ensure that they offer excellent bonuses, intuitive sites, and most importantly, speedy withdrawals.