First, a pachinko machine uses small (11 mm diameter) steel balls, which are rented to the player by the owner (usually a 'pachinko parlor,' featuring many individual games in rows), while pinball games use a larger, captive ball. The pachinko balls are not only the active object but also the bet and the prize. The Bears lead the best-of-5 series 2-0, and can advance to the Korean Series with a win Find odds and best bets for the KBO's one-game playoff slate on November 12th in the article below Doosan's postseason dominance continued on Tuesday, with a 4-1 victory over KT Wiz in Game.
'Gambling in the Republic of Korea'
In Korea, most here do not have easy access to casinos or poker rooms. While we do have access to sports betting, the odds by Sports Toto and Sports Proto are poor compared to what can be found online. This is why internet betting is such a phenomenon.
www.bodog88.com is operated from the Philippines where gambling is legal. They are however an international company. They have a .ca website for Canada and a sister brand in the US market called Bovada. The Bodog88 site is for Asia. Of the many languages supported is Korean, and of the many currencies supported is the won (원) (sign: ₩; code: KRW).
At Bodog Koreans can bet sports and play poker, casino and Mahjong for real money. You can fund your account with bank transfer from any Korean bank. From their cashier enter the amount you want to deposit. They will give you the details of their Korean bank account, and you go to your local bank and make a transfer.
This is all done on a post-up basis. For example, if you have ₩200,000 and make a bet for ₩50,000 your account balance is then ₩150,000. If your bet wins the ₩50,000 is added back to your balance and the winnings are added too. If you are lucky your balance will keep growing. At any time you want to cash out some or all of your balance you log-in to the Bodog88 cashier and request a withdrawal. They will transfer the money to your bank and you will have it in a couple days.
Bet365 is an Even Better Option
Using www.bet365.com is not as easy as using Bodog88 but it is well worth the added hassle involved to get set up for making easy deposits. This is the world's largest online gambling site and is the 7th largest private company in the UK. They stream live sports matches right from their website and have in-play betting.
They even have in-play betting on Korean sports including K-League, Korean Cup, League Cup and National League for football (soccer), WKBL and KBL for basketball, and men's and women's Volleyball League. They also have prematch betting on KPB baseball, beach volleyball and badminton from Korea. The sports betting odds are far better than Sports Toto and Sports Proto – plus you can bet leagues from anywhere else in the world too.
In addition there is a casino with live dealer games, slots, lottery and video poker. They have a very popular online poker room too.
Using Skrill in South Korea
To deposit with Bet365, or other gambling sites besides Bodog88 which takes bank transfer, an e-wallet is required. The best one for South Korea is www.skrill.com. This acts essentially as an online bank account. You should open your Skrill account in Euros (not Korean Won) as the currency. The reason why is because most every betting site accepts Euro but not many accept won. Later if you want to use many other gambling sites (which can be done to claim bonus offers, and promos and to find better odds) having your account in Euros will come in handy.
It is highly advised Koreans follow all steps to verify their Skrill account ASAP. This includes verifying your home address. When you request this verification they will send a letter to your home which has a code to enter online once it is received. You might also have to send them scans of your ID.
To fund your Skrill account you can try using your debit or credit card. If it does not work you will need to go to your bank and make a transfer in Euro. Once you have money in Skrill you can deposit it to www.bet365.com. They offer a 100% up €100 cash bonus (about ￦142,000) so for a ￦142,000 deposit you get an extra ￦142,000 free to bet with. You can also cash out your winnings to Skrill. The funds can then be used to deposit with other betting sites or to have the money transferred back to your Korean bank account. As mentioned, this works just like an online bank account. The difference is it has fast transfer to and from gambling sites.
Now that you understand how online betting from South Korea works, I will cover our legal forms of land based gambling and make some comparisons.
1 | 2 | Next: Sports Betting Laws in Korea
What exactly is the gaming culture like in Korea? And how does this help mobile companies to succeed? We've taken a look at the South Korean game scene to let you into one of the world's thriving industry cultures.
Korean Gambling Game
South Korea is the fourth largest mobile games market in the world. More than half of South Korea's population play games on their smartphones. Collectively they spent a total of $5.6 billion on mobile titles in 2018, according to Newzoo, which makes it a must enter market for game developers.
Traditional Korean Gambling Games
But what exactly is the gaming culture like in Korea? And how does this help mobile companies to succeed? We've taken a look at the South Korean game scene to let you into one of the world's thriving industry cultures.
A historic video gaming culture
Gaming has been a staple of South Korean culture for decades. Heading down to the local LAN game centre, called 'bangs', after school is a hobby of many students and adults alike. Rows of gamers of all ages will sit at computers jacked up to super fast internet, playing games until two or three in the morning. Many internationally acclaimed esports stars were birthed out of 'bangs' in the streets of Seoul.
South Korea was the first country to host esports events two decades ago. They've been dedicating TV channels to competitive gaming long before the rest of the world knew what esports was. While the other countries were still talking about home consoles in 2000, Korea's Ministry of Culture and Tourism sponsored the World Cyber Olympics alongside Samsung and Microsoft.
It's this forward-thinking attitude that also helped make Korea a prime contender to become a mobile gaming powerhouse.
The launch of the smartphone and app stores benefitted territories that had the right combination of hardware makers, software developers and internet infrastructure.
South Korea was one of those countries. The pre-eminence of Samsung, the long success of companies like NCSoft and the country's willingness to invest early into developing internet infrastructure ensured it was well placed to turn its wide range of gamers into mobile users.
The size and shape of the Korean mobile market
In Korea, 53% of the population play mobile games at least once a month. Mobile gaming is far more common than console (19% of the Korean population) or PC games (at 37%).
The ease of getting and setting up a smartphone makes Korea the country with the highest penetration rate in Asia and number 11 in the world. Korea had 34.6 million smartphone users in 2018 and it is well on its way to grow to 39 million in 2021. That is a penetration rate of 68% last year.
Samsung, the Korean smartphone manufacturer, has been fundamental in the proliferation of smartphone devices. Two of every three devices in South Korea in October 2018 were Samsung phones. Meanwhile, Apple struggles at a low 22.2% and LG follows suit at 10.4%. Four of the top five most common devices in South Korea were all variants of the Samsung Galaxy phones and over half of all active devices in the country are high end.
Examining the South Korean gamer
While other countries in Asia skew towards a young player base, the average South Korean mobile gamer tends to be adult, often with children. The largest subgroup of mobile gamers are 21-35 years old (19%) followed by 36-50 year olds (15%), according to Mintegral. More than anything, these figures are a testament to the high penetration rates and acceptance rates of mobile gaming culture in Korea across all ages.
The Korean mobile games market made a total of $3.2 billion last year. Interestingly, the average revenue per paying gamer in South Korea is amongst the highest in the world, coming only second after Japan, according to Newzoo. Mintegral found that 40% of smartphone users spent money on mobile games in 2018. Often players spent this money on power-ups (41%), playable characters (38%) and cosmetics/skins (35%).
Which titles are most successful? The answer is role-playing games. An impressive 90% of all revenue made in mobile games came from this genre.
Often they come from existing IP with the top 10 iOS games by revenues being based off on popular franchises such as Lineage, Black Desert, Ragnarok, Three Kingdoms and Marvel.
But there is also an appetite for casual games, with many of those succeeding through Korea's dominant messaging app KakaoTalk (which functions in part as a gaming platform).
The mobile gaming business landscape
When it comes to which companies rule the roost in Korea, local publishers lead the market. More than 10% of all mobile games revenue made in the country came from Netmarble in the first half of 2018. Additional authentication needed xbox one mac address.
There is still success to be had for foreign games in the Korean market, however. This can be shown through the growth of strategy titles.
Recently players have had a hunger for strategy games but there has been very little supply of them from local brands. However, international gaming companies have been able to fulfil that need for players – suggesting that foreign companies can enter the sector successfully.
But if they're to do so, it's important to note that the South Korean market does have a number of regulatory challenges to overcome.
'Korea's game industry is weighed down by government regulations, which have been undermining the competitiveness of local developers,' said Hwang Sung-ik, president of the Korea Mobile Game Association (KMGA) in an interview with The Korea Times. Regulations target loot boxes and aim to protect young players from excessive gaming by restricting gaming time.
This means it is important to design your game accordingly to ensure it can hit the market.
Overall South Korea is a mobile gaming haven. There is a lot to gain from the country's incredible infrastructure, deeply integrated games culture and high penetration rates. Popular casino game.
/cdn.vox-cdn.com/uploads/chorus_image/image/12565467/maplestoryy.0.jpg "Korean")
While local IP might be the preference for Korean gamers, there is plenty of room for western companies to jump into trending genres and find opportunity at the forefront of technical innovation.
But it's important to make sure that your game complies with local regulations to ensure you can grab the opportunity in the Korean mobile gaming market.
