The Japanese Yen is the currency used in Japan, a country which doesn’t have a gambling reputation, but surprisingly enough, many people there enjoy making bets on different sports. This has a lot to do with the fact that the people who live there the richest ones in the continent, so they have a lot of money to spend.
On this page, you will find information about the best sports betting websites which offer this currency, as well as the different deposit methods available. On top of all that, we will also tell you if there is a gambling tax in Japan.
Where can you bet using Japanese Yen?
|Bookmaker||Founded||Jurisdiction||Bonus||Min. Bet||Max. Bet||Grade||Review|
|1999||United Kingdom||£30||£2||No max||
Even though there are only two bookmakers which will let Japanese punters deposit using their own currency, these bookies are one of the best in the world, so there’s no need to be worried about the lack of options.
- Bet365 – This bookmaker has the biggest number of betting markets and very tempting bonuses. That’s why we recommend it to our Japanese readers who are looking for a top quality betting website. They also have a wide selection of deposit options available, including PayPal, Neteller, Entropay, Skrill, Click2Pay, cheque, wire transfer, and credit or debit cards. You can also use these payment methods to withdraw money from your gambling account. Start your game right here!
- BetVictor – When it comes to diversity in betting markets available to Japanese gamblers, BetVictor aren’t much behind their competitors. Unfortunately, they can’t match bet365’s array of deposit methods which ranks them slightly lower in our list. You can only use PayPal, Skrill, and debit/credit cards to deposit money into your account or make withdrawals. To be fair, these are the most popular methods out there, but we still think there needs to be a little more diversity when it comes to payment methods. Come see for yourself!
Gambling Tax in Japan
It’s pretty difficult, even for experienced punters in Japan, to understand the gambling tax laws there. The main thing you need to know is that people can’t be bothered to pay taxes on their winnings from online gambling. The government doesn’t approve this gambling form, but they can’t do anything to people who bet at foreign bookmakers. If such tax were to be introduced, this would mean that the government admits that people gamble online despite it being frowned upon.
What payment methods should people who want to deposit in Japanese Yen use?
Japanese citizens have a good number of deposit and withdrawal options which they can use, especially thanks to bet365.
Since gambling isn’t technically illegal, people don’t have to be worried when they use their credit or debit cards to make deposits. We heavily recommend this method because it’s the easiest one if you want to make fast transactions from and to your account.