Many Singaporeans love to bet on sports, whether through the legal betting option in the country, Singapore Pools or through online sportsbooks. Bettors can bet on a sportsbook’s or Singapore Pools SG sports results based on the odds provided to them and hope they can win as a result.
As stated above, bettors can bet through Singapore Pools or a foreign sportsbook. Singapore Pools is a state-owned lottery subsidiary company that offers sports betting options for bettors to combat illegal gambling in the country. Through Singapore Pools, Singaporean bettors will have a secure avenue to gamble without having to look for betting sites and risking getting scammed by untrustworthy sites.
The main difference between Singapore Pools, online casinos, and sportsbooks is that Singapore Pools only offers lotteries, soccer betting, horse racing, and motor racing while both casinos and foreign sportsbooks offer more. Bettors will have a more limited selection of games to wager on when betting through Singapore Pools.
Many bettors prefer betting through online casinos and foreign sportsbooks because they have more variety in betting options while also enjoying certain bonuses and promotions that can potentially increase the winnings. Many Singaporeans also prefer foreign sportsbooks because they allow gamblers to start betting at 18 years old, while Singapore Pools only allows 21-year-olds and up.
As mentioned before, Singapore Pools aims to combat illegal gambling in the country, including online betting. Betting through foreign sportsbooks is illegal in the country, but many bettors still prefer betting through foreign betting options mainly because of the advantages of doing so.
Should a bettor decide to bet through a sportsbook like M8Bet instead of Singapore Pools, they should do so privately and bet only with a group of trusted friends if they want to bet with a group. Basically, individual bettors should avoid betting in public places and announcing that they’re betting.
For more information on what Singapore Pools is, see this infographic by CM2Bet.