Tips for selecting the best sports betting sites in Singapore

Singapore has a vibrant sports betting market. The country has a population of 5.8 million or thereabouts, many of whom have an appetite for online sports betting. The government is, however, highly restrictive. It oversaw the passing of the remote gambling act, which typically imposes a blanket ban on sports betting. Per the act, only two Singapore betting sites are legal. The Singapore pools run under the Singapore Totalisator Board and Singapore Turf Club. Betting is restricted to soccer and Formula 1 motor racing in the former. On the other hand, the Singapore Turf club restricts betting to horse racing at the Kranji track only.

Despite the ban, Singaporean bettors have unlimited access to foreign-based bookmakers offering the best betting experience. Foreign betting sites accessible in Singapore have licenses from Europe, the Caribbean, or North American territories, thus offering fair and secure betting websites. While their legality is in question, Singapore bettors prefer them as they have broader betting options than local gambling sites. Besides, the government cannot completely ban foreign-based internet gambling because of the increasingly blurring of geographical borders courtesy of virtual and borderless trends in the online gambling industry.

Usually, many factors determine how Singapore bookies operate. If you are interested in placing your bets on them or are a visiting sports betting fan, this article is an eye-opener. It takes you through insider tips on what you ought to consider before signing up with your preferred online betting sites. As such, you may consider;

Tips for selecting the best sports betting sites in Singapore
Tips for selecting the best sports betting sites in Singapore

Online Sportsbook Bonuses Available

Many sports betting websites in Singapore offer attractive bonuses. Some have welcome bonus features with free bets-comparing best sports betting sites that award friendly bonuses for Singaporean bettors.

BK8. This is a top sports betting site in Asia. Besides, it is the official Asian betting partner in the Spanish top-flight football league, La Liga. BK8 has a great welcoming package. For instance, when we wrote this article, the first sports betting deposit got a welcoming bonus of 100% up to USD 100. Qualifying for the bonus requires a minimum deposit of USD 50 and satisfying the 12x rollover terms. Regular bettors can leverage the daily reload bonuses of 10% up to USD 50.

CMD368. This betting site awards new members with a 100% cash match on their first deposit up to SGD 250. Rollover is 20x mand; the minimum qualifying deposit is SGD 25.

22Bet. In this sportsbook, new players get a sign-up bonus of 100% up to SGD 200.

Payment Options

Payment options are a crucial consideration when registering on a sports betting site. Gamblers and bettors fancy frictionless payment methods that are relatively cheaper. Also, the speed of processing deposits and withdrawals should inform your decision. The best betting sites in Singapore embrace cryptos like Bitcoin. Typically, Bitcoin payments are faster, cheaper, and help maintain your privacy as they are anonymously processed. If you are not into cryptocurrency, you should consider e-wallets.  They commonly feature among the best Singapore sports betting platforms. E.g., Skrill, PayPal, help2Pay, EeziePay and Neteller. Also, betting sites with trusted credit cards like MasterCard and Visa are convenient. Such credit/debit cards process deposits instantly. Withdrawals take between 3 and 5 days to process, depending on your bank or financial institution linked to the card.

Betting Options

The variety of betting markets and sporting events to bet on is a prime consideration. It would be prudent to select a betting site that features popular sports. A site that offers multiple football leagues- English premier league, Spanish La Liga, French Ligue 1 is preferable to one that limits punters to Singapore domestic league.  Apart from soccer, an ideal betting site should offer a range of sports, including Formula One car racing, Cricket, NBA, horse racing, baseball, virtual esports leagues, and volleyball competitions. Diversity from a wide range of sports offers broader opportunities for gamblers to place bets, thus spreading risks across odds.

We also recommend checking betting diversity in terms of markets available in a bookmaker. Examples of these popular markets include;

Moneyline bets.

Moneylines are the common betting options you come across in your bookmaker. They involve placing bets on the outright winner of the game.

Point Spread.

These bets feature two teams with different skillsets spread on a scale describing the strength or weakness of these teams on both ends. E.g., in CMD368 football betting markets, you will find a team like Chelsea assigned odds of -4.5 while the other fixtured team, say Westham has +4.5. The favorite team gets a negative value in point spread betting while the underdog gets a positive value. For instance, in this case, Chelsea starts a match with a handicap of 4.5 while Westham starts with an advantage of +4.5 points. Chelsea must win the match by a gap of more than five goals to cover the spread. On the other hand, Westham should avoid losing by more than five goals or should outrightly win.

Totals: Under/Over. 

This type of sports betting involves placing bets on the goals or points teams in different sports will score during match day. You can place a bet for a team to score or earn less than five goals or points (under). In over bets, you place bets for a team or player to score more than points specified by the bookmaker.

Typically, many other betting types should attract you to a betting site. The latest live betting platforms via mobile apps or websites allow you to bet on the team likely to score the next goal.  While live streaming, you can place pre-game or in-play accumulator bets on sites like 1Xbet. Such bets involve wagering on two or more bets under a single accumulator or parlay bets as they are sometimes referred to. Therefore, when settling on a specific betting site, do background research to determine if they offer these diverse markets.

Legality and Customer Support

Experts recommend checking the legality of a betting site you are prospecting to register with. You assess the legality of a site by identifying the licensing authority. Legit sites are compliant with rigorous standards that enhance responsible gambling and player security.  On the other hand, customer support is an indispensable factor. Great sites offer friendly customer support channels like live chats, email addresses, or social media contact details.

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