Sports Betting

Gambling is a big part of Singaporean culture, and the city-state is famed for it. Indeed, Singaporeans are renowned for their love for gambling! So, it’s no surprise that online sports betting has become so popular here. If you’re new to online sports betting, or if you just want to learn how to win more often, then read on. There are a number of things you may do in this post in order to generate more money from your bets and defeat the bookmakers!

Is It Legal To Bet Online on Sports in Singapore?

The first thing you need to know is that online sports betting is completely legal in Singapore. There are many reputable online sportsbooks that cater to Singaporean bettors, and they are all perfectly safe to use. You will not get in trouble with the law for betting on sports online, so long as you do it through a licensed and regulated site.

One thing to be reminded of is that you should always do your research about the online sportsbooks you are considering using. Check to see whether they’ve been approved and licenced by a recognised body, such as the Singaporean government. Also, read reviews of the legal online sportsbooks Singapore to see what other bettors have said about them. Only bet with the best! Additionally, gambling in Singapore is only permitted to those who are at least 21 years old (whether online or offline). If you are caught gambling underage, you may be fined up to $5000 SGD.

What Sports Can I Bet On?

You can bet on just about any sport imaginable when you bet online. Betting on football (soccer), basketball, tennis, and cricket is the most popular pastime here in Singapore. However, there are also plenty of other options available, including less common sports such as badminton, table tennis, and even e-sports. So, no matter what your favourite sport is, you should be able to find a way to bet on it online.

The Top 5 Sports To Bet in Singapore

  • Football (Soccer)
  • Basketball
  • Tennis
  • Cricket
  • Badminton

Among the most popular sports to wager on in Singapore are the following: Sports for all ages and abilities, as you can see, are readily available! Is there anything more you want to do? Place your bets right now!

What Types of Bets Can I Place?

The types of bets you can place will depend on the sport and the particular event on which you are betting. For example, when betting on football matches, you might bet on who will win the match, how many goals will be scored, or even which player will score the first goal. 

With basketball, you might bet on who will win the game, the final score, or how many points a certain player will score. And with tennis, you might bet on who will win the match or set, as well as individual games within a match. There are so many possibilities!

The Main Types of Sports Betting

There are two main types of sports betting: pre-match betting and live betting. Pre-match betting means placing your bets before the event starts, while live betting means placing your bets while the event is underway.

Live betting is becoming increasingly popular in Singapore, as it allows you to place bets on events as they happen. This means that you can take advantage of changes in the odds, and it also adds an extra level of excitement to the event. However, pre-match betting is still the most popular type of sports betting in Singapore.

On the other hand, when placing pre-match bets, you will need to choose your stake (the amount of money you want to bet), as well as the odds you are willing to accept. The odds represent the probability of an event happening, and they will determine how much money you win if your bet is successful. For example, if you bet $100 on a team with odds of +200 (meaning that for every $100 you bet, you stand to win $200 if your prediction is correct), then you would win $200 if that team went on to win.

How Do I Place a Bet?

It’s incredibly simple to place a wager online. Once you have found a reputable sportsbook and signed up for an account, you will simply need to deposit some money into your account. You may begin making bets as soon as you have the funds in your account. To place a bet, you will just need to click on the odds of the market you want to bet on and then enter how much money you want to wager. It’s as easy as that! You may always want to check out the comprehensive online sports betting guides prepared by SafeCasinos.Asia.

What Are the Sports Betting Odds?

The sports betting odds are the prices that are offered on various markets. The amount of money you can win from your wager will be determined by the odds. For example, if you bet $100 on a market with odds of +200, you will win $200 if your bet is successful. If the odds were -200, you would need to wager $200 to win $100. And if the odds were +0 or -0, this means that the bookmaker is predicting that the event is evenly likely to happen or not happen (i.e., a coin flip).

Types of Sports Betting Odds

There are two main types of sports betting odds: decimal and fractional. In Singapore, decimal odds are the most often seen (and indeed, most of the world). They are extremely easy to understand, as they simply represent how much money you will win from a successful bet. For example, if the decimal odds are +200, you will win $200 from a successful $100 bet.

Fractional odds are less common, but they are still used by some sportsbooks. In the United Kingdom and Ireland, they are the most popular. You’ll need to gamble a certain amount of money in order to win a certain amount of money while using fractional odds. So, if the fractional odds are 200/100, you will win $200 from a successful $100 bet.

What Is a Sports Betting Bonus?

Sports betting bonus is an offer that is given by online sportsbooks to encourage new customers to sign up for an account. It is essentially a way for the sportsbook to give you free money to bet with. When it comes to bonus money, most sportsbooks will provide a deposit match up to a certain sum. For example, if you sign up for an account and make the first deposit of $100, the sportsbook may give you a $100 bonus, giving you $200 to bet with.

Conclusion

So, there you have it! These are just some of the things you need to know before start playing online sports betting in Singapore. Keep in mind that you should only ever gamble with money you can afford to lose. All the best!