There’s nothing like the thrill of watching your favourite team compete live and win, except maybe placing a bet on their performance and the outcome. Betting on sports is called “sports betting”. So, how can you start sports betting and where can you legally place a sports bet in Singapore?
Many of you probably haven’t heard of virtual or online casinos that’s specially dedicated for sports betting. These digital establishments are the only legal way to place a bet on sporting events in Singapore for now. With the influx of online casinos, betting on sports has never been easier. Read on to learn more about how you can start betting on sports in Singapore today!
What You Need to Know About Sports Betting in Singapore
First and foremost, we need to discuss where sports betting stands in Singapore. As it currently stands, there are no laws or regulations on the books that prohibit online sports betting. Though there is no direct policy against sports betting, the government has been hesitant to create regulations around the practice.
There is a prevailing sentiment within the government that sports betting would promote gambling addiction, an addiction that many Singaporeans struggle to overcome. This, however, has not been proved by any entity. On top of that, online casinos these days are stricter with letting their players bet, setting a limit for players that are betting is a way they’ve created to keep betting in a limit.
How to Legally Place a Sports Bet in Singapore
First and foremost, you need to visit a virtual casino. Unlike brick-and-mortar casinos, virtual casinos do not accept cash. You can only use them to place bets on sporting events. The betting process is essentially the same as a landed casino sportsbook, but you bet using virtual tokens, cryptocurrencies, bonuses and other money options.
After you’ve selected your Singapore sports betting site and logged in, you’ll be given the option to place a bet. You’ll then be taken to a betting tab, where you can select the type of bet you want to make. From there, you’ll be taken to a sports betting menu. Here, you can select an upcoming event to bet on.
After you’ve chosen an event, you’ll be taken to a game menu, where you can select your game. This will take you to a game menu, where you can select the team, you want to bet and cheer on. Once you’ve selected the team, you can then select your bet type from the many bet options offered there. After you’ve made your selections, you can complete your bet and cash out any winnings.
Singapore Betting Odds – The Pros and Cons
Like anything in life, there are a few pros and cons to sports betting in Singapore Though there are many legal sportsbooks in Singapore, not all sites offer all the games that you would want to bet on. Many sports betting sites offer football, basketball, horse racing, and more.
One of the biggest advantages of sports betting in Singapore is that you can legally bet on Singaporean sports. You can also legally bet on sports from around the world! Another advantage is that you can bet on sports from wherever and whenever you want. You no longer have to wait for the bookies to open their shop!
The disadvantages, however, are not insignificant. The first and most obvious drawback is you can’t jump into sports betting without having some background knowledge. It is important to learn about the Singapore betting odds.
You may also feel overwhelmed by the number of games offered, so make sure to do some trials for the games to see which is your favourite.
The Most Popular Sports Betting Games In Singapore
While there are vast amounts of sports betting games around the world, many of those are customised to cater to the players from the country itself. Despite this, there are a few games that’s a hit for players from all countries. Listed below are some of the most played games among Singaporean players.
1. Horse sports betting
Horse sports betting is a little different than traditional sports betting. Instead of predicting a win or a loss, you’re betting on the outcome of the race. It’s a fun and popular way to bet on sports in Asia, especially in Singapore. You can bet on races at either Singapore Horse Racing or other famous sportsbooks that offer this game.
Unlike traditional sports betting, horse sports betting is available 24/7. You don’t have to wait for the start of a season or a game to place your bet. The odds at horse sports betting sites are often much better than traditional sportsbooks. You can place single-race bets with as little as SGD1 or SGD2!
2. Football sports betting
Football sports betting is especially popular in Asia, and it’s also one of the most popular events at online casinos. You can bet on football leagues from all over the world, including the premier league in England, the Bundesliga in Germany, La Liga in Spain, Serie A in Italy, and Major League Soccer in the United States.
You can also bet on individual football matches, which is especially fun if one of your favourite teams is playing. You can find football sports betting at some of the more popular online casinos. If you like football, you’ll love football sports betting. There are so many leagues and matches to bet on. Other than the thrill of your favourite team winning, you will also experience the excitement of winning extra cash.
3. Basketball sports betting
Basketball sports betting might not be as popular in Singapore as football or horse sports betting, but it’s still a huge event at sportsbooks. You can bet on basketball leagues from all over the world, including the NBL in Australia, the Euro League in Europe, the NBA in the United States, and even the Chinese Basketball Association.
All the matches are usually played live in casinos, so players can keep up with the matches and the results in real time. Additionally, sports books sometimes add on regional games in their event so that players can bet on them as well.
We hope you’ve enjoyed learning more about how to bet on sports in Singapore. And if you’ve been itching to bet but couldn’t because you weren’t in a country where it’s legal, you now have no excuse! With the rise of online casinos, anyone can bet on sports from anywhere in the world. If you’ve been waiting to place your first bet, there’s no better time to start than right now!