Singapore’s Best Online Betting Sites for 2023: Where to Bet and Win!
Singapore’s best online betting sites give you more options when it comes to sports betting. In the country, the only local option available is through Singapore Pools who only offers wagers on football, horse racing, and motor racing. With online betting platforms, you gain access to a wide variety of different sports, esports, teams, and events worldwide.
In this guide, we look at the best online betting sites for bettors in Singapore, the pros and cons of each, and how you can start wagering easily!
Singapore’s Trusted Sports Betting Sites
Top 10 Betting Sites Reviews
In this section, we take a brief look at the top online sports betting sites for players in Singapore. All the platforms recommended are trustworthy and have great reputations in the online gambling industry.
Acebet99
Acebet99 is a new and upcoming casino based in South East Asia. Although they are relatively new to the scene and therefore, lacking in some areas, they more than make up for it with their generous bonuses and promos especially for new players. They are currently licensed and regulated by the Philippine Amusement and Gaming Corporation.
With three separate sports betting providers to choose from, Acebet99 has many options when it comes to choosing a team, sport, or event to bet on. Besides partnering with SBOBet, MaxBet, and CMD368 to bring a wide variety of popular sports, this platform also offers esports such as DOTA 2, CS:GO, Starcraft 2, Mobile Legends, and Brawl Stars.
Aiming to be a one stop hub, Acebet99 also has online slots, live casino games, fishing games, and lottery games. Check out their VIP program and referral program to obtain extra credits and more chances to win.
Sportsbook Welcome Bonus | Sportsbook Welcome Bonus 2 | Payment Methods | Customer Support | Mobile App |
---|---|---|---|---|
100% | 50% | Bank transfers | 24/7 live chat, WhatsApp, WeChat, LINE | Yes |
Bet888win
Bet888win is a reputable betting agent that caters to players from Singapore, Malaysia, and Thailand. With more than a decade’s experience in the online betting industry, this operator handles all the online gambling needs by offering wagering on a wide variety of different casino games and sports betting.
Besides offering a wide variety of sports to bet on, Bet888win sets themselves apart by providing proper betting guides for its members, guiding them how to place bets on their favorite games. They partner with many of the biggest sportsbooks in the region including MaxBet, TBSBet, SBOBet, and CMD368.
When it comes to other betting options, players can expect online slot games, live casino games, and lotteries from reputable partners such as MaxBet online casino and Grand Dragon Casino, one of Cambodia’s largest entertainment groups.
Open Account Offer | Other Bonuses | Payment Methods | Customer Support | Mobile App |
---|---|---|---|---|
15% | Online Casino 15% Bonus | Direct deposit, local bank transfers | 24/7 live chat, contact form, WhatsApp, email, phone | No |
Vbet77
VBet77 is a leading online gaming platform that provides an extensive range of sports betting options, live casino games, and other gaming activities. Based in Singapore, VBet77 offers a cutting-edge gaming website that leverages state-of-the-art technology to provide a seamless gaming experience.
As an official partner of several football clubs, VBet77 offers online betting on soccer games and provides exciting promotions such as a 100% welcome bonus, daily cashback bonuses, and more. VBet77 also partners with renowned gaming providers such as Evolution Gaming, Asia Gaming, and Playtech to deliver top-quality gaming experiences.
VBet77 is committed to providing a secure and safe gaming environment, ensuring that its members have an enjoyable and responsible gaming experience. With excellent customer service and a user-friendly interface, VBet77 is the preferred online gaming platform for gaming enthusiasts in Singapore and beyond.
1xbet
1xBet
1xBet is easily one of the most recognizable names in the online betting industry. Established in 2007, this operator aims to offer a safe and secure environment for bettors to place bets. Dedicated to bringing an excellent user experience, they have an eGaming license in Curacao.
If you are looking for the ultimate online sportsbook, 1xBet might just be the one as players can place live bets 24 hours a day with a variety of different markets and sporting events. Offering an extensive lineup of sports and game providers, there are more than 20,000 football games and thousands of other popular sports like basketball, hockey, and tennis. Special sports such as snooker, sailing events, and greyhound races are available as well.
As a one stop hub, 1xBet also offers betting on esports, online slots, live casino games, hunting games, fishing games, arcade games, and lotteries. It seems as if no matter what genre of game you want to play, 1xBet has it all.
Welcome Bonus | First Deposit Bonus | Payment Methods | Customer Support | Mobile App |
---|---|---|---|---|
100% | 100% | Debit Card, Credit Card, e-Wallet, e-currency exchanges, Bank transfers, Cryptocurrencies, eVouchers | 24/7 live chat, phone, email, Signal, Twitter | Yes |
MelBet
MelBet is a company founded in 2012, giving them more than a decade's experience catering to bettors online. Currently based in Nicosia, the capital of Cyprus, Melbet has hundreds of thousands of active players each month. Owned by Pelican Entertainment B.V., they are licensed by the Curacao Gaming Control Board.
Their heavy focus on sports betting makes them a great option as they are in partnership with Ghana Premier League Dreams FC and Faf du Plessis, a legendary cricketer. At the time of writing, they have more than 40 different sports and 6,000 matches available for betting, making them one of the best bookies out there.
Just as impressive is their esports section that looks incredible as it is similar to TwitchTV, a popular streaming site. Members can also enjoy live casino games, online slots, fishing games, lotteries, and even bingo. VIP and referral programs are also available.
First Deposit Bonus | Accumulator Refund Promo | Payment Methods | Customer Support | Mobile App |
---|---|---|---|---|
100% | 100% | Debit Card, Credit Card, e-Wallet (SticPay, AstroPay, Skrill), Neteller, ecoPayz, Bank transfers, Cryptocurrencies, eVouchers | 24/7 live chat, telephone, email | Yes |
ECLBet
Providing online games for players in Singapore, Malaysia, Thailand, Indonesia, and Vietnam, ECLBet has been around since 2017. With a mission to become one of the betting hubs in Southeast Asia, they are currently one of the leaders due to their safe and secure gaming environment. They currently hold an online gambling license from Cambodia.
Despite being a fairly young online gambling platform, ECLBet has a wide variety of games with live betting on sports from CMD368, bets on football leagues, boxing, mixed martial arts, and more from Maxbet, and other more popular sports like golf, boxing, cricket, rugby, and many more.
With their esports options, members can watch live streams from Maxbet, Saba-Esports, TFGaming, and InPay Matrix for games such as Counter Strike: Global Offensive, LoL, Defense of the Ancients, and Valorant. Other gaming options include live casino games, online slots, and 4D lotteries.
Welcome Bonus | Daily Cash Rebate Sportsbook | Payment Methods | Customer Support | Mobile App |
---|---|---|---|---|
120% | Sports 0.8%, esports 0.4% | Bank transfers, QR Pay, Cryptocurrencies | 24/7 live chat, Telegram, Phone, email | Yes |
AW8
AW8 or also known as AceWin8, this operator has just entered the industry in 2014. With almost a decade’s experience in hand, they have since built an online gambling platform that caters to thousands of players around the world, especially in South East Asia. They are licensed by the Philippine Amusement and Gaming Corporation.
Partnering with MaxBet, AW8 covers many different sports and has updated odds and scores in real time. With more than a thousand different bets available, choose from water polo, soccer, cricket, darts, rugby, and many more.
For e-sport lovers, AW8 is the perfect choice as they have a special section with betting on games such as DOTA, CS:GO, Valorant, Rainbow Six, etcetera. Their other gaming options are not a disappointment either as members can choose from live casino games, online slots, fishing games, lotteries, and Keno.
Welcome Bonus | Daily Reload Bonus | Payment Methods | Customer Support | Mobile App |
---|---|---|---|---|
50% | 5 to 50% | Bank transfers, Cryptocurrencies, EeziePay, Help2Pay, DuitNow | 24/7 live chat | Yes |
Bet365
With more than 2 decades in the online gambling industry, Bet365 is a well-known platform that was first founded in the United Kingdom in 2000. Still owned and operated by its original founders, it has since expanded to become an international betting giant with millions of members. They are licensed and regulated by the Gibraltar Gambling Commission.
Their sports betting options include the usual such as American football, golf, darts, boxing, and even exotic choices like water polo, surfing, bandy, and more. They also offer in-play betting or live betting where bets on ongoing matches are accepted.
If betting on fantasy sports or esports is your thing, Bet365 has it too with wagers on CS:GO, Free Fire, Honor of Kings, StarCraft, etcetera. Other online betting selections include live casino games such as roulette, blackjack, poker; fishing games; online slots; jackpot slots; lottery; and bingo.
Open Account Offer | Other Bonuses | Payment Methods | Customer Support | Mobile App |
---|---|---|---|---|
100% | NBA Early Payout Offer, Tennis Accumulator Bonus, Soccer Accumulator Bonus | Debit Card, Credit Card, e-Wallet, Bank transfers | 24/7 live chat, email, web message, regular snail mail | Yes |
ECWON
ECWON
One of the largest online gambling platforms with a focus on Singapore and Malaysia, ECWON was first established in 2018 and has more than 15 million bettors on their site every month. Licensed and regulated by the Philippines Amusement and Gaming Corporation (PAGCOR), they are a reputable and trusted operator.
Under their sports betting tab, they partner with 8 sportsbooks with 6 that focus on real life sports. Featuring modern layouts and a wide variety of games and sports to bet on, bettors are sure to be satisfied with the options available. Not forgetting esports fans, choose from virtual football and basketball matches or hit games such as League of Legends (LoL), DOTA 2, and many more.
Members will also be happy to find that this operator offers live casino games, online slot games, fishing games, lotteries, and even Keno! Take advantage of their referral program and VIP program to enjoy additional perks and benefits.
Sportsbook Welcome Bonus | Daily Reload Bonus | Payment Methods | Customer Support | Mobile App |
---|---|---|---|---|
150% | 10% | Bank Transfers (CIMB, HSBC, MayBank, OCBC, DBS, RHB, UOB, Standard Chartered, Trust Bank) | 24/7 live chat, WhatsApp, Telegram, WeChat | Yes |
22Bet
An online betting platform originally based in Europe, 22Bet has been in existence since 2017. Offering more than a thousand sports games for bettors to wager on daily, this operator has millions of players on their site. They are licensed by the Kahnawake Gaming Commission, a First Nations reserve in Quebec, Canada.
With a heavy focus on sports, 22Bet’s sleek and modern interface showcases its popular sports like football, basketball, and even more obscure sports such as water polo, chess, and hurling. There is definitely a match for everyone to bet on as there are thousands of ongoing bets daily.
Although their sports betting section is paradise for punters, their eSports options were appalling with only three different games to bet on: DOTA 2, Mortal Kombat, and CS:GO. If you are looking for a site to bet on esports, 22Bet is not a good choice. Other gambling options include live casino games, online slots, fishing games, and lotteries.
Sportsbook First Deposit Bonus | Sportsbook Friday Reload Bonus | Payment Methods | Customer Support | Mobile App |
---|---|---|---|---|
100% | 100% | Debit Card, Credit Card, e-Wallet, Bank transfers, Cryptocurrencies | 24/7 live chat | Yes |
God55
Proclaiming itself as the best online casino, God55 is recommended for bettors who want to participate in both sports betting and online casino games. Their main selling point is based on how well they deliver their services with the support of experts to bring the thrill of gambling to their members. They hold a license from the Philippine Amusement and Gaming Corporation and are regulated by BMM and TST Global.
The platform offers traditional sports betting to bettors who prefer the thrill of live action. Bettors can choose from American football, soccer, basketball, golf, cricket, rugby, volleyball, and more from their partners such as Saba Sports, CMD 368, and M8-Sports. Watch competitive games streamed by IM e-sports for games like DOTA and League of Legends.
For punters who like live casino games, bet on classic table games such as baccarat, poker, blackjack, online slots, and many more. Lottery games and fishing games are also available through this operator.
Welcome Bonus | Starter Pack | Payment Methods | Customer Support | Mobile App |
---|---|---|---|---|
100% | 20% bonus | Debit Card, Credit Card, e-Wallet, Bank transfers | 24/7 live chat, email | Yes |
Choosing The Best Online Betting Sites
There are many online betting sites available today as more betting platforms move online. For this reason, it can be difficult to determine which operators you can trust. Here are some factors we considered when ranking the top sports betting sites for bettors in Singapore:
Licensing & Legitimacy
Finding out if a site is licensed helps you to determine if they are legitimate. As all our top operators are licensed by the relevant gaming authorities, they are reputable and ensure player safety and security. This not only protects your funds but also your personal information. Sites that use additional security measures such as an SSL encrypted website provide an extra layer of protection for their members.
The table below shows the licensing information from our top betting sites:
Sports Betting Options and Other Game Selections
Operator | License |
---|---|
Ten188 | Philippine Amusement and Gaming Corporation |
Bet888win | Philippine Amusement and Gaming Corporation |
Bet365 | Gibraltar Gaming Commission |
22Bet | Kahnawake Gaming Commission (First Nations Reserve in Quebec, Canada) |
MelBet | Curacao Gaming Control Board |
1xBet | Curacao Gaming Control Board |
888Sport | UK Gambling Commission, Gibraltar Gaming Commission, Malta Gaming Commission |
God55 | Philippine Amusement and Gaming Corporation |
Nova88 | Curacao Gaming Control Board |
ECLBet | Commercial Gambling Management Commission of Cambodia |
AW8 | Philippine Amusement and Gaming Corporation |
ECWON | Philippine Amusement and Gaming Corporation |
When ranking the top sites, we considered the different sports betting options and games available. Look at the platform to determine if they offer betting on the teams and events you love. No matter how niche your favorite sport or team is, chances are that there is an online platform out there that accepts wagers on it.
Additionally, bettors who are fans of esports and other games such as live casino games, online slots, fishing games, or lotteries may benefit from choosing a one stop hub for the sake of convenience.
With that thought in mind, here are the game selections for our top betting sites:
Operator | Sportsbook | Esports | Online Slots | Live Casino | Arcade | Fishing | Lottery |
---|---|---|---|---|---|---|---|
Ten188 | |||||||
Bet888win | |||||||
Bet365 | |||||||
22Bet | |||||||
MelBet | |||||||
1xBet | |||||||
888Sport | |||||||
God55 | |||||||
Nova88 | |||||||
ECLBet | |||||||
AW8 | |||||||
ECWON |
Betting Markets, Live Betting, & Live Streaming
Each sport or e-sport also has different betting markets available. These are betting types that refer to specific outcomes of an event, giving each match multiple sports markets available. If you have a specific market you specialize in, be sure that the platform you choose offers it.
Based on each market, there are betting odds that are based on the likelihood of the event occurring. For example:
- Over / Under – In the Over and Under bet, punters predict the score of a match. In an over / under 3.5 bet, you are betting to see if the score will either be over or under 3.5.
- Outrights – This is one of the simplest betting markets available where bettors predict if Team A or Team B will win the match, championship, league, or even season.
- Asian Handicap – In this bet, one side of the team is given a predetermined advantage by the bookmaker to eliminate draws or level the playing field.
Likewise, if you are a fan of live betting and live streaming, choose a platform like ECLBet and Bet365 that offers it. Live betting can be very profitable if you know what you are doing. Meanwhile, live streaming makes the experience even more thrilling as you get to watch the match live.
Betting Odds
Finding the best betting odds is crucial when it comes to online sports betting. Higher odds give punters the highest profit return in the event of a win. While the impact may not be significant in just one bet, the amount you profit in the long-term is worth it.
Some bettors are even members of several sites to compare the best odds before placing their bets. While it can be hard to determine which sites offer the best odds, our top sites are highly competitive and offer some of the highest odds in the industry.
Bonuses and Promotions
Online casino bonuses are rampant but not as much for sports betting. Bonuses and promos are crucial as it can give you value for your money, easily doubling the amount of bankroll you have to give you hours of entertainment and more chances to win. Besides stretching out your bankroll, look for platforms that offer promos for existing members such as events and tournaments to give you that extra excitement when betting.
Some of the best incentives to look out for when choosing a betting platform includes:
- Welcome Bonus
A welcome bonus is only available for new members and is often the most generous to attempt to lure new players. The bonus is usually based on a percentage of the deposited funds to help members start with a bigger bankroll.
- Deposit Bonus
The deposit bonus is giving extra credits to the player based on a percentage of the amount they have deposited into their account. While some deposit bonuses may seem generous, be sure to check out the turnover rate.
- Rebate Bonus
Cashback bonus or rebate bonus are offered by operators to help players offset their losses. Typically, a percentage of the amount lost will be credited back to the player in forms of cash or credits.
- No Risk Bet
As its name suggests, no risk bets or risk free bets are where players can place wagers without the risk of losing any funds. Oftentimes, there are terms and conditions involved for the bet such as having to make a deposit to claim winnings and more. - Referral Program
Some operators offer referral programs where existing members receive extra benefits such as free credits when they refer a new member to the platform. While some receive a flat fee, others may gain a percentage of what the new player spends.
- VIP Program
The VIP Program is usually available for high rollers who spend above a designated amount on the platform. Depending on the operator, there may be several tiers where members receive extra benefits such as rebates and access to special events.
Here is a sneak peek at the top bonuses available from our recommended sites:
Casino | Bonus 1 | Bonus 2 |
---|---|---|
Ten188 | Sportsbook Welcome Bonus 100% | Sportsbook Welcome Bonus 2 – 50% |
Bet888win | Open account offer 15% | Online casino 15% bonus |
Bet365 | Open account offer 100% | NBA Early Payout Offer, Tennis Accumulator Bonus, Soccer Accumulator Bonus |
22Bet | Sportsbook first deposit bonus 100% | Sportsbook Friday Reload Bonus 100% |
MelBet | First deposit bonus 100% | Accumulator refund promo 100% |
1xBet | Welcome Bonus 100% | First Deposit Bonus 100% |
888Sport | Welcome Bonus 30 EUR in free bets | First Bet for Wins at 5.00 or more – 5 EUR free bet once a day when you win at 5.00 odds or more |
God55 | Welcome bonus 100% | Starter pack bonus 20% |
Nova88 | Welcome bonus 100% | Daily top up bonus: 5% 1st day, 6% 2nd day, 7% 3rd day, 8% 4th day, 10% 5th day and other consecutive days. |
ECLBet | Welcome bonus 120% | Daily cash rebate sportsbook (sports 0.8%, e-sports 0.4%) |
AW8 | Welcome Bonus 50% | Daily Reload Bonus 5 to 50% |
Payment Options
Online betting just is not possible without funds. This makes having a wide array of different payment methods more convenient as you can easily deposit and withdraw the funds you need. All the better if they charge little to no processing fees. Cryptocurrencies are recommended as they offer the advantage of allowing players to stay anonymous.
Here are some of the payment methods accepted by our top betting sites. Note that the list is not exhaustive and you can always contact customer support for further confirmation:
Operator | Payment Methods |
---|---|
Ten188 | Bank transfers |
Bet888win | Direct deposit, Bank transfers |
Bet365 | Debit Card, Credit Card, e-Wallet, Bank transfers |
22Bet | Debit Card, Credit Card, e-Wallet, Bank transfers, Cryptocurrencies |
MelBet | Debit Card, Credit Card, e-Wallet (SticPay, AstroPay, Skrill), Neteller, ecoPayz, Bank transfers, Cryptocurrencies, eVouchers |
TigerGaming | Debit Card, Credit Card, e-Wallet, e-currency exchanges, Bank transfers, Cryptocurrencies, eVouchers |
888Sport | Debit Card, Credit Card, e-Wallet, Bank transfers |
God55 | Debit Card, Credit Card, e-Wallet, Bank transfers |
Nova88 | Help2Pay, TruePay, Bank transfer, cryptocurrencies, e-wallets |
ECLBet | Bank transfers, QR Pay, Cryptocurrencies |
AW8 | Bank transfers, Cryptocurrencies, EeziePay, Help2Pay, DuitNow |
ECWON | Local bank transfers |
The table below shows the benefits and transaction speed for each payment method:
Payment Method | Benefits | Transaction Speed | Examples |
---|---|---|---|
Credit, Debit, or Prepaid Cards | Widely supported, Safe and secure | Might be slower compared to other methods | Mastercard, Visa, AMEX |
E-Wallets | Easy to use, Extra layer of security | Speedy transactions | Skrill, Sticpay, Neteller· Payeer, EeziePay, Help2Pay, PayPal, WebMoney |
Bank Transfers | Easy to use, Popular | Quick transactions | |
Cryptocurrencies | Secure | Very quick and efficient transactions | Bitcoin, Ethereum |
QR Code Payments | Easy to use, Secure | Transactions are usually quick but can be dependent on participating banks and e-wallets. | DuitNow, eNets |
Customer Service
One of our top priorities is getting excellent customer support so you can get the help you require when you need it. Getting access to customer support can be frustrating as some sites have long response times or are limited to certain channels. Among our top providers, most have customer service agents via multiple channels. For those who are only available via live chat, their response times are quick and efficient.
Here are the customer support options for our top operators:
Operator | 24/7 Live Chat | Telegram | Skype | LINE | Social Media | |||
---|---|---|---|---|---|---|---|---|
Ten188 | ||||||||
Bet888win | ||||||||
Bet365 | ||||||||
22Bet | ||||||||
MelBet | ||||||||
1xBet | ||||||||
888Sport | ||||||||
God55 | ||||||||
Nova88 | ||||||||
ECLBet | ||||||||
AW8 | ||||||||
ECWON |
Mobile Apps
While online desktop sites were once significant, mobile apps are now replacing them as almost every individual has access to mobile devices be it a smartphone or tablet. With optimized sites or betting apps now available, your betting experience is much better as everything loads faster and with little to no interruption. All our top sites have a betting app available for both iOS and Android devices.
How To Sign Up To A Sports Betting Site
Opening a new account at a sports betting site is quick and easy with your new account being ready in minutes. Although the registration process varies for each operator, the information you need to fill in is generally similar across all sites. Here is how you can get started:
- Choose a site – Start by choosing a site you want to bet with depending on your personal preferences. Look at the factors we considered when ranking the best sites such as licensing, bonuses, payment methods, customer service, etcetera. Some bettors opt to sign up with two to three platforms instead of sticking with just one. Once ready, click on “Register”, “Sign Up”, or “Open Account”.
- Complete the registration process- Provide the details they ask for such as your name, address, contact details, username, and password. Some platforms also require proof of identity to verify that you meet the minimum age requirements.
- Deposit funds – Depending on the platform you choose, there should be several deposit options available. Choose the method you prefer be it bank transfer, credit card, debit card, cryptocurrency, etcetera. Some operators even allow you to choose your preferred currency such as Singapore Dollars (SGD). If you run into any issues, reach out to customer support.
- Start betting – Now that your account has been created, you can start placing bets. Each operator has a different layout on their site for sports betting. The range of sports available can be found either on the top or left side of the page. Click on the sport you want to bet on, select the match, and key in the stake you want to wager.
Sports Markets for Bettors in Singapore
Although there are many different sports out there available for betting, there are some that are especially popular among bettors in Singapore:
Football / Soccer
Although the Singapore national team is not one of the leading football teams in the world, it remains one of the most popular sports in the country. While some matches are covered by Singapore Pools, there are some that fall through the cracks. Wager on the English Premier League, La Liga, and more with our top betting sites.
Badminton
Another popular sport in the nation is badminton as Singapore’s very own players such as Loh Kean Yew often lead the country into the finals in some of the most prestigious badminton championships. Watch as your favorite players and teams battle it out on the court for the Thomas Cup, Uber Cup, Sudirman Cup, and BWF World Championship.
Basketball
Although the domestic national basketball team may not be featured in online betting sites, basketball remains one of the most heavily wagered sports in Singapore as fans place stakes on the NBA and EuroLeague. With hundreds of matches occurring throughout the year, there is always an exciting match to watch.
Cricket
While you may not have heard about it, cricket is an upcoming sport in the country as the men’s national team is now doing extremely well having ranked inside the top 20 at T20 level. Watch as different teams around the world clash in the Cricket World Cup, the T20 World Cup, Indian Premier League, and many more.
Horse Racing
Another betting option offered by Singapore Pools, it speaks volumes about the popularity of horse racing in Singapore. Besides betting on domestic races held at Singapore Turf Club, explore other options online which gives you access to different race formats from all around the world.
Tennis
Tennis is the most popular individual sport in the world with an estimated 1,500 tournaments and 93,000 matches held annually by the International Tennis Federation. With so many matches occurring and extremely lucrative prizes on the line, it should be no surprise that tennis is a heavily wagered sport everywhere.
Table Tennis
Singapore has had many leading table tennis players throughout history. Even now, you can support the country as the nation’s athletes such as Zeng Jian, Zhou JingYi, Wong Xin Ru, and many more fight to bring glory for Singapore. Prestigious events include the World Table Tennis Championships, Olympic Games, and more.
Esports
Esports betting is relatively new to the gambling industry as esports itself is still growing. However, as competitive gaming becomes more popular, games like League of legends, DOTA, Valorant, Fortnite, and CS:GO are increasingly wagered on. In fact, 30 national esports athletes joined Team Singapore for the 31st Sea Games in Hanoi in 2022.
Virtual Sports
Betting on virtual sports is where punters wager on computer simulated races or sports. As advanced algorithms display the statistics of the game, players try to predict the outcome by analyzing the skill and luck that may happen in real life events. Some common virtual sports available include football, motor sports, basketball, etcetera.
Online Betting Rules and Regulations in Singapore
The online gambling regulations in Singapore were updated as of 1st August 2022 where the new Gambling Regulatory Authority replaced the Casino Regulatory Authority. Responsible for overseeing all forms of gambling, the new regulations dictate that online gambling by unlicensed operators are illegal.
Besides Marina Bay Sands Casino, Resorts World Sentosa Casino, and Singapore Pools, all other gambling options are considered illegal. Online gambling operators that are licensed will need to follow regulations such as admitting gamblers that are at least 18 years old with operators being responsible for entry checks and bans.
Since the recommended platforms are licensed and outside the Government of Singapore’s jurisdiction, bettors can still place wagers but many veterans have recommended using a Virtual Private Network (VPN) to conceal one’s identity.
The government has also taken measures such as blocking illegal online gambling sites, advertisements for unlicensed sites, and online payment services linked to illegal gambling. Click here to learn more about the full Gambling Control Act.
Singapore Pools Vs International Betting Sites
Besides placing bets with offshore sportsbooks, Singapore Pools also offers sports betting options within the country. Here’s a brief comparison of Singapore Pools and international betting sites:
Singapore Pools
To place a sports bet with Singapore Pools, you can do so at any outlet with cash or by placing it online before the start of the event or live bets while the match is ongoing. However, if you want to place bets online, you must first have a Singapore Pools account and sufficient funds in it.
The registration process for the online account will require a verification process online or at any branch with your NRIC for Singaporeans or an official document containing your FIN (Foreign Identification Number) for foreigners to ensure you are at least 21 years of age.
International Betting Sites
Compared to Singapore Pools, foreign betting sites such as 1xBet and 22Bet offer better odds and have more betting market options, bonuses, and promotions. When comparing Singapore Pools and international betting platforms, there is little incentive to pick Singapore Pools except that the surplus generated from their operations are used to fund worthy causes in the country such as arts, charity, education, health, community development, and more.
Tips and Strategies for Online Sports Betting
Online betting is an art form that has a pretty steep learning curve especially if you are a beginner. Just because you are knowledgeable in a particular sport does not mean that it will automatically carry on into your betting experience. Here are some top tips and strategies for online betting:
- Find the most generous bonus – Bonuses and promotions can be very significant in helping new players bulk up their bankroll. For example, a 100% welcome bonus doubles the amount of funds you have to play with, allowing you to gain more experience and obtain more chances of winning.
- Research homework – If you are serious about winning in online betting, research is crucial. Not only do you have to do your homework about your favorite teams, players, and opponents, you should also hunt for any opportunities that bookmakers might have missed. Bettors also regularly compare the odds between different sites to make the most out of their bet.
- Be disciplined – Being disciplined and preventing yourself from becoming emotional pays off in online betting. Set your limit and bankroll so you never gamble more than you can afford to lose. Similarly, never chase your losses and know when to call it a day. There are always more opportunities in the future.
- Follow social media channels – If you are an avid fan of a specific team, it may be worth following them on social media platforms such as Facebook, Twitter, or Instagram as they post updates on their players. You can also follow tipsters to learn more about the performance, injuries, or mental state of opponent teams.
Conclusion
Online betting in Singapore is easy and convenient with any of the reputable and trusted betting sites recommended in this article. Offering many benefits such as generous bonuses and a wide variety of games, any player would enjoy their gaming experience.
FAQs
How can I buy the Singapore Lottery online?
To buy the Singapore lottery online, open up an account with Singapore Pools. To do this, a proof of identity is required as the minimum age of the bettor needs to be at least 21 years old. Note that you can only buy Toto and 4D online while Singapore Sweep tickets must be purchased physically at any Singapore Pools’ outlets or authorized retailers.
What is the difference between betting and gambling?
While it may seem the same to the public, betting and gambling is actually very different. When one is gambling, the person is wagering money without any clue of the outcome as it is completely random.
In betting, stakes are placed on an event where the outcome is based on the performance of the team or player, depending on their skills. Therefore, while both betting and gambling are games of risks, betting is slightly less risky as there are skills and knowledge involved.
What are odds in sports betting?
Betting odds are figures created by bookmakers or sportsbooks to represent the probability of an outcome. Odds can be represented in three ways: fractional (2/1), decimal (2.0), and American (+200).
Understanding the concept of odds can take time to learn but is a must for any individual who wants to start betting on sports. Not only does it reflect your team’s chance of winning, it also shows you how much payout to expect in the event of a win. To learn more about how to read betting odds in depth, refer to our guide here.
What markets are available on Singapore online betting sites?
Most sites will offer betting on popular sports including football, tennis, golf, cricket, and basketball. Some bigger platforms such as 1xBet and 22Bet will have more choices including sports that are more niche such as water polo, surfing, and even sailing.
What is the fastest withdrawal method at Singapore online betting sites?
The fastest withdrawal methods will vary for each operator. However, e-wallets and cryptocurrency options are usually the fastest. Cryptocurrencies such as Bitcoin, Ethereum, Dogecoin, Litecoin, and USDT also offer the extra advantage of concealing player identity.