Regulations have the force of law and are published in the Government Gazette. The following is a list of the main Regulations that are in force, but does not serve to set out the full set of Regulations. The full set of Regulations are available without charge, and updated monthly, at the Singapore Government Statutes' website. The new law will make it illegal to operate an online gambling site in Singapore without a license. However, it will also turn simply playing on such a site into a criminal offense. Currently, the Singapore authorities have enacted different laws that oversee various gambling products: lotteries, gaming houses, casinos, and remote gambling. 'We will also review the penalties for offences to ensure consistency across remote and terrestrial gambling,' the ministry stated.
Sports betting in Singapore is very popular and what is quite important, it is completely legal, which is the case in most Asian countries. Singaporeans love sports, and even more, they love gambling, so it was reasonable to mix these two and make it fun for everyone.
There are a couple of domestic operators whereSingaporeans can lay the odds online. However, it is a common thing for thebettors in Singapore to place wagers by using foreign online bookies.
Sports Betting and Gambling Laws inSingapore
There are a few gambling laws and acts that regulate sports betting in Singapore including the Common Gaming Act and the Betting Act. Since 2014, when the Remote Gambling Act was brought in, Singaporeans can lay the odds online with two domestic operators – Singapore Pools and Singapore Turf Club.
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Howsoever, betting online with foreign operatorsis still in the grey zone. Hereof, many Singaporeans use the foreign bookmakersto wager online whereas they are allowed to pay the deposit and get payouts.
Popular Sports to Bet on in Singapore
Singaporeans are crazy about football which isquite understandable when you know their passion for wagering. Simple as that,football is the most popular sports in the world, so you have plenty of matchesto bet on every single day even when it's a slow betting period with the otherpopular sports.
In the summer, when it is an offseason in all major football league across Europe and in the major Sports in the USA, Singaporeans bet on the football leagues across Asia including the Japanese J-League and the Chinese Super League. Likewise, they wager on the MLS, K League 1, and all international competitions.
Besides football, tennis is the most popularsports to wager on in Singapore. The main reason is frequency once again. Fromthe first day of the new year until the mid-November, you can lay the odds ontennis matches day after day.
Behind football and tennis on the popularity listcomes motor racing whereas Singaporeans obviously have a need for speed. Thatis why their domestic operators provide markets for every major motor racingevent in the world.
Back in the day, horse racing was a big thingamong the sports bettors in Singapore, but nowadays, it's not so popular as itwas. Along with foreign online bookmakers, Singaporeans learn more aboutbetting on sports like basketball, baseball, cricket, and snooker.
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Betting on sports is the easiest way for everybettor in Singapore to get in on the action. Therefore, it's no strange thatsports betting in Singapore attracted foreign operators.
Why Singaporeans Prefer Foreign BookiesOver Domestic Operators
As we have already mentioned above, there are twodomestic operators for betting on sports online, and both are pretty restrictedwhen it comes to the number of sports and markets that are available on theirplatforms.
For example, Singapore Pools provides bettingodds only for football, motor racing, and horse racing. Also, if you likebetting on sports and you are a football fan, you won't be pleased with themarkets at all.
You can take the side bet (home, away, draw),total goals, halftime score, halftime-fulltime score, Asian handicap, and 1stgoal scorer. And, that's all folks. So, if you know what's on the market amongforeign sportsbooks, this domestic offer will look ridiculous.
Likewise, we have mentioned how easy is to paydeposits and get payouts. Singaporeans can use internet banking and transfertheir money from a bank account to the account on the betting site once theyset it up.
Other important factors are bonuses and promotionsavailable with foreign sportsbooks. For those operators, it is a common thingto give new players sign-up bonus, while some even refund wagers on football ifthe clash ends in a nil-nil draw.
Furthermore, the foreign operators offer betterodds than domestic ones which is a very important thing if you bet with highstakes or prefer to take accumulators. Betting on sports includes live bettingthat is very popular, and domestic operators have a thin offer withunattractive odds.
Considering all these facts, you can see whySingaporeans prefer online foreign bookmakers when they are betting on sports.Interestingly, betting through your local bookie was another popular thing inSingapore even though it was always illegal. It is not so common nowadays with domesticoperators on the market.
Howsoever, betting online with foreign operatorsis still in the grey zone. Hereof, many Singaporeans use the foreign bookmakersto wager online whereas they are allowed to pay the deposit and get payouts.
Popular Sports to Bet on in Singapore
Singaporeans are crazy about football which isquite understandable when you know their passion for wagering. Simple as that,football is the most popular sports in the world, so you have plenty of matchesto bet on every single day even when it's a slow betting period with the otherpopular sports.
In the summer, when it is an offseason in all major football league across Europe and in the major Sports in the USA, Singaporeans bet on the football leagues across Asia including the Japanese J-League and the Chinese Super League. Likewise, they wager on the MLS, K League 1, and all international competitions.
Besides football, tennis is the most popularsports to wager on in Singapore. The main reason is frequency once again. Fromthe first day of the new year until the mid-November, you can lay the odds ontennis matches day after day.
Behind football and tennis on the popularity listcomes motor racing whereas Singaporeans obviously have a need for speed. Thatis why their domestic operators provide markets for every major motor racingevent in the world.
Back in the day, horse racing was a big thingamong the sports bettors in Singapore, but nowadays, it's not so popular as itwas. Along with foreign online bookmakers, Singaporeans learn more aboutbetting on sports like basketball, baseball, cricket, and snooker.
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Betting on sports is the easiest way for everybettor in Singapore to get in on the action. Therefore, it's no strange thatsports betting in Singapore attracted foreign operators.
Why Singaporeans Prefer Foreign BookiesOver Domestic Operators
As we have already mentioned above, there are twodomestic operators for betting on sports online, and both are pretty restrictedwhen it comes to the number of sports and markets that are available on theirplatforms.
For example, Singapore Pools provides bettingodds only for football, motor racing, and horse racing. Also, if you likebetting on sports and you are a football fan, you won't be pleased with themarkets at all.
You can take the side bet (home, away, draw),total goals, halftime score, halftime-fulltime score, Asian handicap, and 1stgoal scorer. And, that's all folks. So, if you know what's on the market amongforeign sportsbooks, this domestic offer will look ridiculous.
Likewise, we have mentioned how easy is to paydeposits and get payouts. Singaporeans can use internet banking and transfertheir money from a bank account to the account on the betting site once theyset it up.
Other important factors are bonuses and promotionsavailable with foreign sportsbooks. For those operators, it is a common thingto give new players sign-up bonus, while some even refund wagers on football ifthe clash ends in a nil-nil draw.
Furthermore, the foreign operators offer betterodds than domestic ones which is a very important thing if you bet with highstakes or prefer to take accumulators. Betting on sports includes live bettingthat is very popular, and domestic operators have a thin offer withunattractive odds.
Considering all these facts, you can see whySingaporeans prefer online foreign bookmakers when they are betting on sports.Interestingly, betting through your local bookie was another popular thing inSingapore even though it was always illegal. It is not so common nowadays with domesticoperators on the market.
Betting Odds in Singapore & OnlineBetting
Singaporeans use the European odd format, sotheir domestic operators Singapore Pools and Singapore Turf Club both providethe odds with this decimal system. Hereof, the foreign online operators thatare mostly British bookmakers had to adapt their websites.
Ladbrokes and Betfair are the two most popularonline sportsbooks when it comes to sports betting in Singapore. They provide aton of different markets on football, but also on all other sports that are notavailable with Singapore Pools and Singapore Turf Club.
Singaporeans who love betting on footballcertainly enjoy the offer whereas they are not limited on seven or eightdifferent markets and can choose from plenty of picks.
Illegal Gambling Singapore Law Firms
The similar thing is with tennis as the secondmost-popular sports to wager on. The bettors can take usual markets as thewinner, total games sets handicap, or games handicap, but they can also wageron a tiebreak in the match, set 1 and set 2 winner, total games per set (overand under) and much more if the match is on the ATP Tour.
Singaporeans domestic operators also have their websites and offer betting on sports online. It is the same general as with the foreign online bookmakers, so the bettors from Singapore need to make the account on the website and lay the deposit from their bank account.
In the same way, the bettors can cash out usingtheir bank account or take another payout method offered by Singapore Pools andSingapore Turf Club.
Singapore is a country where people love to watchand bet on sports. Also, it is a highly developed economy which is anotherimportant thing when it comes to sports betting and the amount of money thatgoes on online wagering. That is why Singapore is a great place for betting onsports.
Illegal Gambling Singapore Laws
June 28, 2019