Sports Betting Online in Singapore November 2024

Sports Betting Online Odds

To make smart sports betting decisions, looking at the odds is and will always be the key. They help punters to know how likely an event can happen along with the money that you can win if your bet is successful. 

In Singapore, decimal odds are the most widely used format, as it is the standard of the Singapore Pools and on all the major international websites.

Decimal odds give the total amount of money paid back for a winning bet including the stake. Thus, it is simply the sum (all the money) that you will get if your bet is successful. However, aside from decimal odds, there are other types of odds in the Singaporean market including Fractional odds and American odds. 

In sports betting, fractional odds represent how much you can win out of your stake. American odds, on the other hand, use a plus (+) sign for the underdog and a minus (-) sign for the favorite, accompanied by a number that displays the profit or how much you need to bet.

Legality of Online Betting in Singapore

When it comes to the legality of online betting in Singapore, we wouldn’t sugarcoat it, it is a bit tricky. Although Singapore may have strict gambling, it doesn’t mean that it is completely prohibited. 

To better understand, let’s refer to the Remote Gambling Act of 2014. It simply states that only those allowed operators have the legality to provide online gambling services. The primary group that enforces these rules is the Gambling Regulatory Authority. 

They issue licenses to permitted operators and investigate illegal gambling activities. Their role is to ensure betting is fair and transparent while minimizing the risks associated with excessive gambling. The good thing is there’s a variety of licensed sportsbooks in Singapore that you can choose from. 

Thus, if you want to bet on sports online, you must still adhere to the standards set by the Remote Gambling Act. 

Popular Sports to Bet On

There is no denying that Football and Horse Racing are some of the leading sports in Singapore, however, the list of well-known sports to bet on is not only limited to these two. In terms of sports betting, you can also opt for the following popular sports:

Football 

Not only in European countries but also in Asia, specifically Singapore, Football reigns as the number one sport. Popular major leagues such as the English Premier League, La Liga, and Bundesliga are only a few of the matches countless Singaporean players are watching and betting for. 

Horse Racing

Horse Racing remains strong through the test of time. Centuries may have passed and new sports may arise, and yet they remain to be one of the most popular sports in Singapore. Just even better, because now, not only those who have the means to go to racecourses can bet. As long as you have a device such as a desktop or mobile, you can enjoy as many horse races as you want like Kentucky Derby, the Grand National, and Belmont Stakes in sports betting Singapore.

Basketball

The same with Football and Horse Racing, basketball had long been a popular sport in Singapore before its betting aspects became widely known. While football reigns supreme, basketball has definitely made its way to the hearts of many youngsters. Anyone can have access to watch and bet on the game whenever and wherever they want. 

Cricket

Along with the mentioned sports above, cricket is also one of the most popular sports that you can bet on in Singapore. It gained a significant number of bettors through the years considering that it’s perfect for both local and international players. It has a growing fanbase that makes its future as a sport in Singapore safe to say a promising one. 

Esports

Sports betting isn’t only limited to the usual game of sports set in real/actual matches, it also extends to popular mobile games such as League of Legends, Valorant, Dota 2, Fortnite, Counter-Strike, and Overwatch. With hundreds of millions of viewers and billions of projected revenues, along with the fun and rewarding experience that esports has to offer, it is no wonder why it’s one of Singapore’s popular sports to bet on. 

Singapore Pools vs Online Bookmakers

You may have heard of Singapore Pools a few times before, and yet don't know more about this non-profit organization. If so, allow us to explain it further to you. If compared, there’s a significant difference between Singapore Pools and offshore sportsbooks. 

Singapore Pools is a state-owned lottery subsidiary company where players can bet on sporting games and other acts of gambling in Singapore. Offshore gaming, on the other hand, is within the gray area. There are some standards that need to be met like their proper regulation and licensing from a reputable gambling authority, in order for them to be allowed. 

While Singapore Pools are generally more legalized, it doesn’t have much of a betting marker and bonuses compared to online bookmakers. This competition drives them to create a better experience for the players with bigger welcome bonuses, continuous promotions, and diversified sports markets, which could attract those who seek variation and better value in their wagers.

Offshore sportsbooks also tend to provide higher odds, flexible methods of payment, and reach an older age group—from 18 years old and upwards. On the other hand, Singapore Pools requires its users to be at least 21 years old and to have local citizenship, permanent residency, or a Foreign Identification Number. For many Singaporeans, this exclusivity and local regulation make Singapore Pools a comfortable choice. However, for others, the benefits of offshore sportsbooks outweigh these limitations, offering a level of freedom and flexibility not available with the state-run operator.

Best Mobile Betting Sites in Singapore

Among all the Singapore sportsbook, not all of them have good mobile features that players can enjoy. So to help you find which platform to choose when it comes to an excellent mobile betting experience, here is the list of platforms that you can refer to. 

• Solarbet: 200% Bonus Up to $5,000
• GoPlay711: 120% First Deposit Up to $5,000
• Red18: $30 Free credit + Free 100 tokens (Up to $1,888 deposit bonus)

Mobile betting apps allow users to place bets anywhere and at any time. These apps have been very popular due to this convenience. They are built to be responsive on smartphones and tablets, giving the bettor an easy and friendly way to bet when out and about.

Sports Betting Bonuses in Singapore

Once you decide to bet on any of the mentioned betting sites, the good news is that it also comes along with the best sportsbook bonus Singapore has in the market. We have prepared a list that you can refer to to better understand what kind of offerings await you!

• Welcome Bonuses: This bonus is given to every new player, more often after they register their account. Welcome bonuses can be in any form, from a bonus on the first deposit to even the no-deposit reward. Many Singapore betting sites offer numerous rewards within the welcome package to offer more value to new players.
• No-Deposit Match Bonus: This bonus allows players to have funds or simply free betting chances without using their own money. 
• Loyalty Program:  In a loyalty program, players earn points every time they place a bet. The more points a person earns, the better their rewards get, and therefore this is a good option for those who like to make multiple bets regularly.
• Parlay Insurance: This bonus is ideal for bettors who like to bet on parlay by reducing the risk. One gets a free bet in case the parlay goes wrong by only one selection. 
• Odds Boost: It boosts the odds in certain bets, thus potentially a big win if one wins. Those additions add value and excitement because players will win more with higher-than-standard odds.

Payment Methods for Online Betting Singapore 

The best sports betting sites in Singapore, have a complete set of payment methods that you can refer to. Credit cards and debit cards continue to enjoy popularity. These are available, known, and considered relatively safe options for transferring funds to one's account in an online betting situation. 

There are thousands of digital services, and e-wallets slowly acquiring many users in Singapore, particularly among gamblers. Such services let people deposit and withdraw their money almost immediately; hence, betting processes are fluent and easy.

• Credit/Debit Cards: It generally accepts Visa and Mastercard.
• E-wallets: Skrill and Neteller are widely known due to their speed and safety.
• Bank Transfers: You can use the transfers in banks to withdraw money very safely.

This payment method will depend upon your preference, how comfortable you feel using it, and the rules at your preferred internet gambling website.

How to Register at Sports Betting in Singapore

Let’s not waste another opportunity and learn how to finally get started with a betting site in Singapore. We’ll walk you through each step as seamlessly as possible. As an example, we chose Solarbet, a well-known sportsbook to give you a standard on what kind of platform you should choose while betting. 

Step 1: Visit Solarbet betting site

The first thing that you need to do is to visit the betting site of Solarbet. There’s a “register” button located on the upper right corner of the site and all you have to do is to click on it.

Step 2: Fill-Up the necessary information

To complete the registration process, you just need to simply fill up the corresponding fields such as username, password, email, mobile number, birthday, and verification code. Most importantly you must be of legal age 18 and above and read and accepted the terms and conditions of the site. 

Step 3: Make a deposit

Once your registration is completed, you will be directed to the betting site. You can either choose to make a deposit or claim the promotion's welcome bonus that awaits you. 

Step 4: Explore and choose a sports you want to bet on

Now that you’re all set up, you can now go to the sports section of Solarbet and select your chosen provider. Each of them offers a variety of matches including esports. 

Step 5: Place your bet

Finally, to bet on a sports match, you need to click the bet button after you choose the type of bet that you want to wager with its corresponding amount. 

Conclusion on Online Sports Betting

Sports betting in Singapore is definitely the kind of trend that gives countless players a chance for excellent, not to mention rewarding gameplay. There are a variety of betting sites in the market but not all of them are trusted enough. The good thing is, with the mentioned list above, you don’t have to worry anymore. 

Now you can bet on your favorite sports with Singapore’s best sports betting sites. You can even start by playing at Solarbet to begin your betting journey in the best way possible. As SGCasinoInsider's number one sportsbook, it is safe to assume that they are more than capable of giving both new and regular players the gameplay that they are looking for!

FAQs

How do I choose a safe online betting site?

When choosing a safe online betting site, there are a variety of things that you must look into. The first thing is the licensing and regulation of the platform. They must be regulated by trusted gambling authorities. Along with this, you must also ensure that they have good security measures and good reviews online. In this way, you can increase your chances of landing on a safe and trusted online sports betting site. 

What are the types of bets in Singapore betting sites?

When betting on sports online, the most common types of bet that you can opt for include single bets, over/under bets, future bets, prop bets, moneyline, handicap, and totals. All of them differ from one another, so to increase your chances of winning, you must carefully choose the right one. 

Can Singaporeans gamble in Singapore?

As long as you’re of legal age (21 years old and above), you can legally gamble in a sportsbook in Singapore. However, since they have strict gambling regulations, you must ensure that while playing, you follow the standard set by the Remote Gambling Act 2014.