Online gambling bangladesh
Rizk: if you’re a go getter you may want to opt for rizk online casino.
List of casinos to play real money
Bangladesh online casinos
While land-based casino gambling is illegal in bangladesh, there’s no legislation which bans players from heading online. While there’s no internet casinos based in the country, there’s several offshore sites which accept bangladesh players. But we recommended only playing at sites which are secure to ensure payouts and fair play on casino games.
Best online casinos for bangladesh
About bangladesh gambling laws
The south asian country of bangladesh is located just east of india. It is surrounded by the biggest bay in the world, the bay of bengal which forms the north-eastern part of the indian ocean. Landscapes are made up of stunning greenery and rivers, while the iconic mangrove forest, located on the south-eastern region and shared with eastern india, is home to the royal bengal tiger.
The country was formally part of pakistan but due to a civil war, east pakistan broke off and became its own country but the main religion remained the same. Islam is the official religion followed in bangladesh, with around 89.9% of the population practicing it. The constitution states this is the main religion but also allows the freedom to practice other religions with just over 9% practicing hinduism and around 4% of people who don’t follow any form of religion.
Since islam makes gambling of any type illegal under sharia law, online casino sites don’t operate in bangladesh and due to the public gaming act 1867 there’s no land-based casinos in the country either. But players can access sites located overseas as internet gambling is not regulated. While offshore internet casinos are eligible to be wagered at if you’re based in bangladesh, you need to put security first. You can do that by playing at secure sites, such as the many we detail below.
Best bangladeshi taka internet gambling sites
Players located in bangladesh can select their country when signing up at the following web casinos, but unfortunately the bangladeshi taka isn’t an available currency on the web. This means when you deposit and withdraw you will have to take in account the currency exchange rates – you can opt for USD, EUR, AUD and other currencies. Just use google to determine the best rate.
Guts: guts internet casino is ideal for bangladesh players who enjoy ongoing promotions. Every week on mondays and thursdays payers can get cash back and/or free spins to use on the slots. There’s also promotions which pop up every month, and offer players the chance to win big cash prizes or free spins. The best part about scoring the free spins at guts, is the winnings are wager free – you get to keep the funds and cash it out.
32red: 32red offers a great incentive for bangladesh players just to sign up – $/€10 no deposit required. You can use this on the microgaming slots, blackjack, baccarat, craps and other table games with a maximum of $/€100 in winnings eligible to be withdrawn. There’s also regular leader board promotions where you can play the slots and earn points fast to win a big cash prize.
7sultans: this online casino is a part of the fortune lounge group which is a membership of the elite and premier internet casinos available online. The best feature for bangladesh players is the six-digit cash prize pools on offer with the promotions. A great example of what you can win at 7sultans includes the chance to win a once-in-a-lifetime trip onboard a luxury liner cruise around the mediterranean.
Rizk: if you’re a go getter you may want to opt for rizk online casino. There’s constantly something going on here – with new promotions such as the rizk race where you earn points to climb up a leader board and beat players who could also be in bangladesh, as well as all over the world. You can win lots of cash with these promotions, while also playing netent and betsoft casino games too.
Betonline: while the bangladesh national cricket team may not be able to be wagered on at betonline, you can find a range of cricket to punt on. You can also play casino games since it is a hybrid site. There’s promotions for both sports betting and casino games, plus horse racing and poker. Find $25 free for live betting on the site, as well as $25 free play on the live dealer catalogue powered by a unique provider known as global gaming labs.
Casino funding methods for bangladesh players
As we mentioned above, BDT isn’t an eligible currency to choose when registering for secure casinos. If you do find a site which accepts it, do your research because it could be a rogue site – one which exists primarily to steal your money. While none of our recommended web casinos accept BDT, they are secure so both your personal and financial details are protected.
Credit and debit cards aren’t likely to work since sending money to foreign websites is generally restricted in bangladesh. But that’s where web wallets come to the rescue. Neteller is one of the best gambling e-wallets on the web and it accepts residents from bangladesh. You can choose EUR or USD – but the latter is advised – and set up an account in just a few minutes.
You can then fund it using a card payment or bank transfer and then use the account ID and secure ID to make a deposit at any of the online casinos listed above. When you’re ready to withdraw, cash out at the casino and the funds will be processed to your web wallet. Bangladesh is also a NET+ supported country, meaning you will be sent a physical mastercard which you can load the funds onto from your account and withdraw at an ATM. You will be charged any conversion fees, so be sure to account for this when withdrawing.
Skrill is another ideal web wallet to opt for, or try the prepaid methods paysafecard for anonymous, secure deposits.
Online gambling in bangladesh - the legal situation
Most gambling is prohibited in all of bangladesh, so it makes sense that there is also no online gambling permitted.
In theory, this is enforced strongly with fines and even imprisonment for companies and individuals caught gambling.
However, bangladeshi residents can play certain lotteries and bet on horse racing (only on the day of the races and when they are physically at the track). Informal gambling is popular among friends.
And, like india, a ban on online gambling is proving hard to enforce in bangladesh as there exists no law explicitly banning it. The public gambling act is from 1867 - it doesn't cover internet wagers!
Can you gamble online in bangladesh?
We can find no evidence of anyone who has been prosecuted in bangladesh for gambling online. Companies based outside bangladesh may choose to let players open real money betting and gambling accounts online.
Although big international brands offer websites in multiple languages, we are yet to see any in bengali, so you will need to understand some english (or another major language).
How can you fund an online gambling account in bangladesh?
As gambling remains formally outlawed, it is difficult to fund online gambling accounts with visa, mastercard or via bank transfers.
Gamblers in bangladesh are more likely to use e-wallet payment providers like neteller and skrill, who offer fast and secure deposit and withdrawal services to online gambling sites.
It is unlikely you will find a reputable gambling brand that would take deposits in taka. You would need to play or bet in a main international currency, like dollars.
Are gambling winnings taxed in bangladesh?
As gambling is officially illegal, there exists no provision for taxes on gambling winnings.
Horse racing betting winnings are not taxed.
Why is gambling banned in bangladesh?
Bangladesh decided to keep the public gambling act of 1867 in its constitution when it became independent from pakistan. That law was originally a british colonial-era law, and since gaining independence, there have been no major changes to it.
There is currently no pressure on authorities to modify or repeal the public gambling act. Bangladesh is over 90% muslim, and gambling is considered haram.
Any moves to liberalise gambling in the country would face huge opposition from religious figures and their followers.
The bangladesh high court reiterated the country’s stance in february 2020 that gambling is illegal when ruling on the legality of 13 underground casinos allegedly operating under the guise of social clubs.
Some public figures have even argued recently that the public gambling act needs to be updated to explicitly include references to casinos, online gambling, and the names of popular dice and card games played in the country.
Don't expect gambling in bangladesh to become legal any time soon!
Top gambling sites for bangladesh players
If you’re a bangladeshi gambler, you might feel a bit limited due to only
having access to horse racing wagers and lottery within the country. However,
we’ve built this guide to help you learn about the best bangladesh gambling
sites which offer you the ability to wager on more forms of gambling, including
casino games and other sports from around the globe.
We didn’t want you to have to search all over the internet to find everything
you want to know about bangladesh betting sites. With that in mind, we’ve
packed this guide with tons of essential details on not just our
recommendations, but also things on the legality of gambling, deposit options,
and some frequently asked questions.
To help expedite things for bangladeshi players to start gambling online now,
we wanted to kick things off with our list of top picks for the best bangladesh
gambling sites. Our team painfully scoured the internet in search of the top
gambling websites accepting players from bangladesh and were able to come up
with the ones listed below. Based on our research, the options below are the
operations where you’ll have the best overall online gambling experience. We’ve
included a section below on our selection process if you’d like to read about
how we came up with this list of websites.
18+ only, new customers only. Opt-in required. 100% match bonus up to £250 on 1st deposit of £20+. Additional bonuses of up to £250 on 2nd deposit of £20+ and up to £500 on 3rd deposit of £20+. 50x bonus wagering applies as do weighting requirements. Credit card, debit card & paypal deposits only. Irregular gameplay may invalidate your bonus.
Full terms apply
18+ only, new customers only. Deposits via skrill, skrill 1-tap, neteller or paysafecard are not considered for this offer. The first bet of € 50 is subject to a minimum of 1.80. The bonus money must be converted 4 times before it can be paid out, with the minimum betting odds also at 1.80. The bonus money can not be used in combination with other promotions, bonus or special offers.
Full terms apply
All promotions, bonuses or special offers are subject to promotion-specific terms and conditions and any complimentary bonus credited to your account must be used in adherence with such terms and conditions. Allbritishcasino.Com and L&L europe ltd. Reserve the right to withdraw any promotion, bonus or special offer at any time. If a player participates in a promotion, a player must not cash-in before fulfilling the requirements and rules of that particular promotion, as set out on our website.
Full terms apply.
New customers only; min. Deposit £15 (no skrill/neteller); bonus amount is 50% of deposit up to £50; offer can be claimed once per household; wager the qualifying deposit and bonus amount 5x within 30 days to convert bonus winnings into real money; wagers must be on min. Odds of 4/5 on singles or acca bets with min. Odds of 2/5 per selection to qualify; max. Stake contribution to wagering requirement is the value of your bonus; certain bet types are excluded; terms apply; 18+
full terms apply
Don’t worry if you’re not ready to check out our suggested bangladeshi
gambling sites at this time. We understand many of you are brand new to the idea
of online gambling. In that case, continue scrolling below so you can learn from
all of the other detailed information we’ve included in this guide. You can
always bookmark this page and return to our recommendations at a later time when
you’re prepared to check out our top picks.
If you’re looking for something specific, we’ve listed out our sections of
this guide below. These are also an excellent resource for readers who don’t
have lots of time to scan this page. If you’re looking to get the most out of
this page, be sure to read it from start to finish so you don’t miss out on
anything vital.
Is gambling in bangladesh allowed?
Similar to many other countries with a strong presence of the muslim
religion, most forms of gambling are illegal in the country of bangladesh.
However, there are a couple of ways bangladeshi players can gamble legally
within the country. Both horse racing wagers and lotteries are legal according
to the current gambling laws. Unfortunately, all other forms of land-based
gambling, including casino games, are illegal, and this means there are no legal
casinos located anywhere within the country.
When it comes to online gambling, the country of bangladesh has yet to
address it with laws. Thanks to this, bangladesh gambling sites fall into a legal gray
area. However, based on some recent changes discussed below, it appears the
government isn’t the biggest fan of online gambling. But, at the time this guide
was prepared, we’re not aware of any bangladeshi players getting into trouble
for participating in online gambling.
In early 2019, the government of bangladesh took action and began to have the
majority of online gambling websites blocked to residents of the country. The
main goal of this step was to help prevent what the government describes as
“immoral” sites. To read more details about this topic, check out our article here.
Why residents of bangladesh might consider online gambling
The biggest draw to online gambling for most bangladeshi players is the
ability to gamble on many more activities than just lottery and horse racing.
With bangladesh gambling sites, residents can wager on other things such
as popular casino games and sports like soccer and tennis.
One other big draw to online gambling is bonuses. Unlike traditional
brick-and-mortar casinos and sportsbooks, players at gambling websites can often
benefit from massive welcome bonuses. On top of that, there are almost always
other forms of promotions which players can use to receive more bonus funds.
It’s not uncommon for bangladeshi players to earn hundreds and thousands of
dollars in bonus cash thanks to gambling sites like the ones we’ve recommended
above.
How can bangladeshi players deposit funds?
One of the questions we get most often from folks revolves around how they
can deposit money into their online gambling account. The good news is that
residents of bangladesh often have a multitude of ways to go about it. We’ve
included a list of some of the more common deposit methods at bangladesh gambling sites below to help give you an idea of ones you may come across.
Best 37 online casinos in bangladesh 2020
Bangladesh online casinos
Bangladesh or officially, the people’s republic of bangladesh is a country situated in south asia. With a population of over 162 million, it is considered as the eighth-most populous country in the globe. Being a conservative country, all the gambling activities in bangladesh are strictly prohibited, but the only exception is horse racing. The public gambling act of 1867 was formed as a gambling law of india back at the time when the country was under british rule. Pakistan then inherited the gambling act, and after that, bangladesh adopted it. A lottery is another form of gambling, which is legal in bangladesh. Horse racing is legal in bangladesh because of the predominant islamic influence. Many islamic countries have a deep adoration for horses and horse races, as they consider it as the sports of kings. Hence, the bangladesh government has decided to make an exception for horse racing bets, making it legalized. Although all kinds of gambling activities, except horse racing and lottery, are illegal in the country, the law is much weaker, when it comes to regulating online gambling. Since there are no mentioned regulations and penalties for online casino players, many sites are accepting players from bangladesh territory. Besides, punters from this country are thoroughly enjoying exciting games from these offshore online casinos. Because of the prohibition from the bangladeshi government, no land-based casinos can operate within the bangladesh borders. Hence, for gamble loving bangladeshis, online offshore casinos are the only option to enjoy multiple gambling variants. Gambling variants like video slot machines, video poker, scratch card games, and table game variants like poker, blackjack, roulette, baccarat and more, are largely played by the bangladeshi gamble lovers. Since gambling is strictly prohibited in the country, the minimum legal age of a gambler is a subject to be determined by the online casinos. Generally, players need to be minimum or over 18 years to be able to gamble in these offshore online casinos. The bangladeshi media is simply forbidden to stream or publish any kind of advertisement that has relations with wagering and related financial transactions. Hence, offshore online casinos, too, are not entitled to showcase advertisements on bangladeshi media. Despite these regulations and limitations, online casinos are gaining solid businesses from bangladeshi punters. As the online casino sites are renowned for utilizing technology in their game offerings, they have become more lucrative for the gamble loving people in bangladesh. However, as there is more to tell about bangladeshi casino gambling, the rest of the article would be entirely dedicated to depicting all other important perspectives.
Mobile casino sites in bangladesh
Now we know, except horse racing and lottery, gambling is illegal in bangladesh. However, thanks to the online offshore casino operators, bangladeshi citizens are conveniently playing casino games using their mobile phones. For gambling, all they need to do is, log into their casino websites using their smartphones. According to a report from the central intelligence agency, over 161,771,617 bangladeshi people are using mobile devices, which is 101 per 100 inhabitants. This number of mobile-savvy populace places the country in 9th position, just after nigeria. Currently, people use 4G, LTE, and broadband connections. And assumingly, 5G internet service will be accessible to the people within 2026. The number of people using the internet in the country is over 28,449,324. This means, around 18.2% of people of the entire population have internet access. And, the four mobile phone operators in bangladesh, called banglalink, grammenphone, tele talk, and robi efficiently provide rapid internet connection for mobile users. Besides, over 10,237,003 people use broadband connections, depicting 6 out of 100 inhabitants. However, as the industry is on rapid growth, more people will adopt a broadband internet connection very soon. According to a report published in june 2020, android holds a maximum share of bangladesh’s mobile operating system market. Apple’s operating system ios’s market share is second, but it holds only 2.65%. Windows is far behind, with only 0.08%. Hence, through this report, it is highly assumed that bangladeshis mostly prefer android smartphones. Generally, the features that top online casinos serving in bangladesh offer are:
- An exciting and diverse gaming library that starts from intriguing video slot games and video pokers and ends with multiple table games, including baccarat, roulette, blackjack scratch card games, and more.
- Casinos like these are always present with multiple fast and secured banking methods for deposits and withdrawals.
- The best online casinos accepting players from bangladesh have always required licenses from the legitimate gambling regulatory bodies.
A host of bonuses and promo offers are available for the players
Payouts are processed within 15 minutes
Full selection of microgaming
Live support available 24/7
Impressive microgaming selection
Full microgaming casino
Preferred by brazilian players
History of gambling in bangladesh
Even though most of the gambling variants are banned in bangladesh, they love to gamble. Unfortunately, there is nothing much to tell about the gambling history of bangladesh due to the century-old legal ban on gambling activity. When british used to rule india, today’s bangladesh was a part of the then indiscrete india. Being a part of a culture, where gambling activities are mentioned in epics like mahabharata, wagering is in bangladeshi’s blood. But, in the era of british rule, the public gambling act of 1867 put a full stop on gambling in india. After independence, this very law was inherited by pakistan. And when bangladesh took its independence from pakistan in 1973, it became a part of bangladesh’s constitution as well. However, the bangladesh government had modified the annexes for quite a few times and decided to legalize public lottery. Besides, the government also issued a 21% tax for all horse racing and bookmaking operators. Due to these restrictions from the government, no land-based casino can be established within bangladesh boundaries. If a company commits such crime, there will be a 200 taka fine along with imprisonment for up to three months. People, who are alleged for placing bets, are subject to one month of imprisonment with a 100 taka fine. Along with gambling, bangladeshi people are very serious about sports like cricket, football, hockey, kabaddi, volleyball, and chess. Majority of the population in bangladesh is muslim (90%), but people also practice other religions like hinduism (9%), buddhism (0.06%), christianity (0.03%), and more. Most popular, as well as the official language of bangladesh is bengali (bangla). The language has different dialects as well in various regions of the country. Besides, 38 more languages are in use, including english, assamese, burmese, and more. The country has its cultural roots, along with many superstitions. Like, if your right hand is itching, you will gain money. If you give money to someone at night, you can receive bad luck. Another interesting thing is, if your right eye blinks, good news will come to you, and left eye blinking means bad luck. Moreover, numbers like 786, 5, 8, and 9 are considered as lucky numbers. ‘786’ is fortunate since it speaks to the arabic expression “bismilla”, which is identified with god in islam. ‘8’ number is lucky because eight angels are carrying god’s throne in heaven. Number ‘9’ is related to hinduism and is considered as a divine number, as it means the end of the decimal system’s one cycle’s end.
Superstitions like these often have effects on their gambling habits as well. At present, horse racing and lottery are legitimate in bangladesh. Any other activity apart from these two will be held as a crime. However, until now, no gambler has been prosecuted for betting in the online offshore casinos. If punters from bangladesh continue to indulge in gambling with maintaining responsible gambling attributes, the bangladesh government may allow more gambling options soon.
Are casinos (land-based and online) legal in the country?
According to the public gambling act of 1867, no gambling centric activity is legal in bangladeshi territory. However, after a few modifications of this act, now lottery games are not considered as gambling activities. Besides, horse racing and a few other bookmaking activities are also legal. But, bookmakers or the persons betting on such sports should provide a 21% tax to the government from their yearly earnings. Consequently, land-based and online casinos are also prohibited in bangladesh. Thus, there are no land-based casinos, and online casinos are illegal too. However, the government is not that concerned about offshore online casinos that are accepting players from bangladesh. Besides, as the government has not mentioned anything about the minimum legal age of a gambler, it is entirely dependable upon offshore casinos. Another interesting thing is, as gambling is forbidden in bangladeshi lands, online casino players don’t need to provide any kind of taxes for their winnings. Horse racing is legal in the country, but bets on horse racing are seen as friendly daily basis bets. Thus, these bets are also free from government taxes. As per the act of 1867, gambling is prohibited in the country. Thus, there is no particular gamble regulating authority here. However, the government itself controls the legal forms of gambling. Hence, bangladeshi players, willing to play in offshore online casinos, must adapt the concept of responsible gambling. And, they should join the casinos only if they are at the minimum legal age for gambling. As these online casinos do not fall under the regulation of bangladeshi government, in case of any scam, the bangladesh government cannot be at punter’s help. Many sources assert in bangladesh that there is no charitable industry working for gambling addictions. However, there could be a couple of reasons behind this. First of all, as gambling is illegal in the country, there is no need for any charities. Secondly, bangladesh has a majority of the muslim population, and gambling is a sin in islam. However, these are few private institutions, helping punters on gambling-related problems. International casino operators often recommend many gambling-related services. For example, gamecare is a popular charity service, offering their services over phone calls and live chat options.
The gambling laws of bangladesh
As the second most populated islamic nation, you can probably imagine – gambling (other than on horse racing) is not allowed under laws of bangladesh. Despite the laws of the land and sharīʿah much gambling does happen here. It is not uncommon for friends to wagers with each other on the results of cricket, kabadi, carom and other sports. There are many other opportunities to gamble too. In this article I’ll discuss local law, the most popular forms of gambling here, and how no gaming sites accept players from bangladesh due to grey laws and IP blocking. You can try www.Royalpanda.Com, they work sometimes from bangladesh but they don’t have sport bets, yet.
Bangladesh gambling law
Our gambling law dates to the era of british rule. The public gambling act of 1867, initially created as an india gambling law and inherited by pakistan, is the basis for our law. We declared this on 30 june, 1973 which was two years after our independence from pakistan. At the time we also repealed section two, and amended sections three and four. It has been modified a few times to allow certain lotteries (rare), to clarify prize bonds are not gambling, and to add 21% tax charged to horse racing tote and bookmaker operators.
Under the law of the land, the penalty for being caught gambling is up to 1 month in prison and small fine of 100 taka ($1.25 USD). About a decade ago there was a push to increase the fine to 5000 taka. This never came to be and the law is only selectively enforced. This is despite the fact our constitution says “the state shall endeavor to prevent gambling and prostitution”.
Violating our own constitution, prostitution was legalized here in 2000. Furthermore: the pool-clubs, restaurants, and café’s people gather at to make spot bets on cricket are mostly well-known. The police only make occasional raids. It is as if this is to more dispel the idea our nation has rejected the sunnah than to actually prevent non-halal activity. For a nation that is over 90% islamic and renewed islam as our national religion in 2011, this is in many ways ironic. The fact however remains – bangladeshi people like to and will continue to gamble.
Online betting from bangladesh
Online betting has only recently become popular in bangladesh. The websites that our players use are foreign ones. These are licensed in other places of the world such as the united kingdom. One of the most used websites is www.Bet365.Com which is licensed in the UK and owned by the same family that owns the english premier league football franchise stoke city FC. This is a very good company.
At bet365 it is possible to bet bangladesh premier league (BDL), kabadi world cup and international sports televised here such as EPL and la liga football and IPL cricket. They are very popular for cricket spot-bets and in-play betting. Here you can bet match winner straight or with a spread. You can bet total runs, most match sixes, next dismissal, innings runs, session runs, dismissal method, next over runs, and much more. They also offer horse race betting, casino games, online poker, and bingo from the same account.
Depositing and getting paid
For online betting from bangladesh, opening a www.Neteller.Com account is suggested. This is an e-wallet that works like an online bank account. Because they do not offer accounts in bangladeshi taka (BDT) you should open you account in united states dollar (USD).
Once your account is opened you should apply for a NETELLER NET+ card also in USD. This is a free card that has a mastercard symbol on it. You can use it to spend your NETELLER balance anywhere mastercard is accepted including both in-person and online. You can also use the card to withdrawal your NETELLER balance at an ATM.
With NETELLER it is possible to move money between online betting sites. Let’s say you have $300 in your BET365 account and you want to try two new sites and spend $100. You can withdrawal $300 from bet365 to NETELLER. You can then use NETELLER to deposit $100 to ladbrokes, $100 to betfair and can take the final $100 out at any local ATM (the ATM will convert dollar to taka for you).
Initially to get started there are three way to add money to your NETELLER account.
- Credit or debit card – the problem with this method is not all cards are accepted. You’ll need an international debit card approved for internet transactions such as this one by standard chartered. Even though approved for online transactions these cards do not always work with NETELLER.
- Bank transfer – the challenge with this method is that bangladesh has strict rules for remitting funds out of the country. You may be able to get around this by using sonali exchange. See their website www.Sonaliexchange.Com for details.
- Transfer service – if you search the internet for items such as purchase NETELLER bangladesh you can find local companies that sell NETELLER cash for a small fee. This method is risky as sometimes these sites are scams. You can do this in very small increments many times. This way you do not lose a lot of money if it is a scam. In time you can find which are honest.
Also it is a good idea to also have account with NETELLER’s e-wallet competitors www.Skrill.Com and www.Entropay.Com. If you get international debit cards from bangladeshi banks you can try the card at all three e-wallet sites. Entropay is more expensive for fees but seems to take more cards than NETELLER. Initially getting set-up to bet online is a hassle. But once you have money at online betting sites moving it around between these e-wallets and cashing out your winning is easy.
Legal gambling in bangladesh
As mentioned in the introduction, horse race betting is legal in bangladesh. It might also be permissible under sharīʿah for reasons explained in my article on pakistan betting law. Of course most bangladeshi people do not live near a track so this might not be an option. What is an option is buying prize bonds.
Prize bonds in bangladesh
In june 1974 the government began issuing prize bonds, originally costing 10 taka per. These were increased to 50 taka bonds in 1985 and to their current cost of 100 taka per in 1995. These are bearer instruments the holder owns and can be redeemed for cash. These are in fact government debt and all bonds are issued by central bank of bangladesh (bangladesh bank). These pay no interest but rather a drawing is held every three-month. Those holding the bond numbers drawn win a prize.
The current prize amounts according to bangladesh.Gov.Bd are the ones shown below:
The above data reflects that there are currently 30 series of bonds on the market. This is because the scheme pays 1 prize each for first and second, 2 prizes each for third and forth and 40 prizes for fifth place per series. Each series has 10,00,000 bonds. In order to be eligible for the prize you must have held the bond for at least 60-days prior to its purchase.
Much more about prize bonds can be found google searching. Also some questions are answered in the prize bond FAQ by bangladesh bank. In short this works much like playing the lottery. However because these are bearer instruments that represent government debt and can be redeemed, this is not considered gambling and is not a violation of bangladeshi law.
So, let's see, what we have: is online gambling legal in bangladesh? We explore bangladesh's online gambling laws and the best casino sites accepting bangladeshi players. At online gambling bangladesh
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