The central government regulates the online gambling industry in Singapore. Over the years, various government branches and authorities have proposed and enacted legislation that shapes the market today. The 2014 Interactive Gambling Act had a monumental impact on sports betting as it sought to stamp out illegal gambling sites from Singapore. Singapore flexes its regulatory muscle through the act by applying a blanket ban on all offshore online betting sites operating in Singapore. While the act discouraged many foreign bookmakers, it is apparent that many other legit sites are accessible virtually.
The ban, however, exempted Singapore Pools. They remain the domestic legal platforms on which local bettors flock to place wagers on football matches and motor racing. The government’s branch, Singapore Totalisator Board, runs them via the website and physical outlets where you can place your bets conveniently. The other legit domestic online betting site in Singapore is the Singapore Turf Club.
Betting On Singapore Pools
Without doubts, Singapore Pools is an ideal and legit bookmaker. It exclusively offers betting options for
- Football sports – Live betting, outright, and specials.
- Horse racing – Meeting, race results, racecards, and race calendar.
- Lottery – 4D, Toto and Singapore Sweep
Before betting on any of these sports events, one must sign-up for a Singapore Pools Account.
How to Sign-Up For a Singapore Pools Account
End to the website bottom and click on the account section. It prompts you to log in or sign up. As a new member, click on the sign-up and follow the on-screen instructions. The process barely takes 10 minutes. Requirements include your name and number per NRIC database. Prove of 21 years and above, date of birth, nationality, address, and contact details. Upon furnishing the site with these details, you can type your account credentials, username, and password. Lastly, click on the terms agreement box, and your account will be up and running instantly.
Instead of accessing SG pools via the website, Singaporeans can download the app to their devices. The mobile app conveniently lets you build your bet slip while on the move as you leverage various sports, markets, and odds.
Football Sports Betting On SG Pools
When you visit Singaporepools.com, you will find the sports sections on the top-placed website’s dashboard. You can place bets on your favorite team and soccer league worldwide through this section. There is an option for live betting where you can place numerous props on an ongoing game. You can also place different pregame bets as the upcoming events part capture fixtures about to start. The various leagues where you can place wagers include the English Premier League, La Liga, Italian Serie A, and Uefa Champions League. Under the outright specials, you can also bet on the Singapore League, Singapore Cup, and Malaysian league.
If you do not want to access sports betting via the website, you may access them via the exclusive Livewire venues. In the select livewire venues, the SG pools issue a special wristband. The wristband earns you entry into the live horseracing telecast and soccer betting on Saturdays and Sundays. Some Livewire Singapore pools outlets include; the Marina Bay Sands, Resorts World Sentosa, and Livewire China Square.
Horse racing is popular in Singapore. Bookies like SG pools leverage its popularity to offer a befitting site where you can enjoy live bets and prematch bets right from your home. The horse racing category is fully packed with race cards and race calendars where you get to know the meeting date and venues for different races.
There is a betting guide covering varied information. The bet types offered, the procedure for marking coupons, bet combination tables, commingling, rebate program, and betting information displays.
Types of Horse Racing Bets
Horse racing bets on SG pools take the pari-mutuel basis approach. Winners take home the winning dividend after deducting SG pool’s commission plus goods and services tax. The pool’s commission range from 0% to 18% of the placed wagers. If you are starting to bet, here are the various options.
Bettors place their stakes on a select horse to finish the race first. The minimum unit bet is SGD 5, while the minimum dividend payout is SGD 6. The site, however, can at its discretion issue a minimum dividend of SGD 5.3 in select races.
Roll Win Bet
In this type of bet, you select the winning horses in two or three consecutive races for you to win. The winning dividend or refunds from the previous race rolls over to the successive race. This betting type is exclusively available in Singapore and Hong Kong.
Place bets allow you to select a horse and place bets on it to finish first, second or third in a race involving at least seven runners. If runners are 6, 5, or 4, you select the horse to finish first or second. Unit bet is SGD 5, while the lowest dividend is SGD 5.1.
Bettors select two horses to finish first or second in a specific race. The unit betting value for this bet is SGD 2, while the minimum dividend is SGD 2.5
Punters select three horses to finish first, second and third in the correct order. The unit bet in tierce bets is SGD 2, and the minimum dividend is SGD 3.
SG Pools Lottery
If sports betting is not your preference, you can invest your stakes in the Singapore Pools lottery, which has three options.
To play this lottery, players select a 4-digit number ranging from 0000 to 9999. The lottery’s minimum cost, including the GST, is SGD 1. Draws take place at 6.30 PM on Wednesdays, Saturdays, and Sundays. The lottery Draw has 23 sets with 4D winning numbers spread across five prize categories. In your selected number falls within the 23 4D numbers, you win the prize.
Bettors select six lucky numbers between 1 and 49. Toto’s minimum cost is SGD 1. Draws take place on Mondays and Thursdays at 6.30 PM. In respective draws, six numbers plus one additional number are drawn. If your selected numbers match at least three drawn numbers, you win a lottery prize.