Kok Sports Nets Deal to Become Real Madrid’s Betting Partner in Asia
Kok Sports is set to replace ManBetX as the official betting partner of Real Madrid in Asia beginning next season in a three-year deal that comes amid newly introduced gambling rules in Spain.
Kok Sports is a relatively new sports sponsor in Europe with no known team partner. However, ManBetX is a veteran bookmaker that sponsors the EPL club Crystal Palace. So, why is ManBetX leaving Madrid and what will Kok Sports get from the new deal?
Strict Advertising Rules
ManBetX had the option to extend its deal with Real Madrid until 2024. But after Spain announced it would curb gambling advertisement last year, the Malta-based bookmaker opted to terminate its contract.
Under the proposed laws, sportsbooks will only be allowed to advertised between 01 am and 05 am or during live sports matches that start from 8 pm. Worse, they will be prohibited from using outright betting terms such as “play now” or “bet now.”
Another proposed measure is to take down gambling advertisements from stadium advertising boards. Additionally, bookmakers in Spain will be prohibited from using players to promote their brands.
Unique Content for Asian Real Madrid Fans
With gambling advertisement set to be reduced in Spain, Kok hopes to create content that will be broadcasted in the Asian countries where it operates. That will give it the leeway to work with Madrid players to help market its brand.
Kok Sports will also have the authority to use Real Madrid’s name, logo, and player images to promote its services. That’s enough content to provide social proof or to attract the attention of Madrid fans in the Asian continent.
Is Kok Sports Available in Europe?
Kok Sports targets Asian betting fans so you can’t bet on the website just yet. However, there are plenty of sportsbooks throughout Europe and Britain for anyone looking for a place to bet. There are more bookmakers in North America, South America, Africa, and Australia.
But before you sign up for a betting account, ensure it’s a safe and reliable sportsbook. Safe bookmakers have licenses and security certifications to protect your personal and financial data.
Here’s a list of more details you need to check before you select a bookmaker.
- Choose Best-rated Sites
With so many sportsbooks out there, choosing the right company can be overwhelming. Far too many bookies have bonuses, attractive websites, and support your favorite sports. But you must pick a company, a reliable one for that matter.
To narrow down your choices, select the best-rated bookies. They offer a lot of benefits the average sportsbook doesn’t. For example, they offer high-value odds, something you need to become a profitable bettor.
Speaking of which, the best way to maximize your wagers is to use an odds comparison website. These platforms compare the odds of several bookmakers and show you where you need to bet to make the most profit from each prediction.
Best-rated bookmakers also excel when it comes to customer service, processing payments, and offering unique services. They are companies you can rely on for all your betting needs presently and in the future.
- They Must Operate in your Region
There’s nothing worse than to win money at a betting website only to be denied a cashout because you weren’t supposed to have an account. It can be frustrating and you could feel betrayed.
But it’s something you can avoid by ensuring a bookmaker lets players from your country use its services. That way, you won’t just have a smooth betting experience. You’ll also have a chance to withdraw your profits hassle-free.
- Frequent Bonuses
Bonuses help you bet without depleting your cash balance. They also give you a chance to win money without having to risk your own. As a result, a bookmaker isn’t complete with free bets for new and existing customers.
What defines a good sports betting bonus? It should be easy to claim. There could be a requirement to create an account or make a small deposit. But it shouldn’t be more complicated than that.
Regular bonuses are even more crucial because they can influence your profit margins in the long term. With daily or weekly rewards, you’ll have a chance to make multiple bets free of charge. But with few or no bonuses, you’ll have to use real cash for betting at all times.
- Payments and Policies
When it comes to sports betting, your bookmaker must have safe banking options. It also needs to have policies meant to improve your betting experience. If you prefer to make online payments through e-wallets, your best sportsbook needs to support PayPal, Boku, Skrill, Neteller, or Paysafe.
In contrast, you probably want a bookmaker that accepts Visa and MasterCard if you hold money in these debit/credit cards. Bank transfer is always an option on most betting websites. But you have to search well to find a company that accepts cryptos.
Policy-wise, check the fees you have to pay, your deposit and withdrawal limits as well s timeframes. What’s the maximum you can withdraw per day? What’s the betting limit per game?
- Betting Markets
The best sportsbooks have hundreds of betting markets, from football and rugby to cricket and baseball. You can scroll through tons of lists showing you what you can bet, their odds, and how to bet.
Game variety is crucial because it makes you assess your options before you risk your money. You can compare two Laliga teams or think of betting football games. You can wager on correct scores or select props.
- Unique Features
Ever used your sportsbook to stream football? If not, you need a new betting website. The best companies these days let you stream sports games through their apps. They also support in-play betting and offer unique ways to magnify your profits.
For example, you could get an offer to double, triple, or tenfold your income when you successfully predict accumulators. Others provide betting markets outside of the sports world. That way, you could also predict politics, celebrities, and TV shows.
- Contact Channels
No matter how reputable a bookmaker is, there will come a time when you need customer service. It could be a technical issue, a payment problem, or an urgent request. In these instances, you’ll want quick and helpful feedback. For these reasons, choose companies to offer reliable customer assistance.