Things you need to know for Legal Soccer Betting in Singapore

Posted by Stephen Brimson on February 14th, 2017

According to the Remote Gambling Act 2014, all types of remote gambling activities – that is, gambling activities using communication technology like internet, phone, TV, radio etc. is illegal for Singapore residents. But one can also place bets right now with a couple of online gambling sites those are exempted from this restriction. With this websites one can bet on sports like Formula 1, horse racing, soccer, TOTO etc.

Betting on sports events are getting increasingly commonplace which actually involves predicting the outcome of sports events through wagering. Betting on soccer matches is extremely popular as placing some cash on a betting slip certainly enhances excitement of watching a football match. That is why soccer betting is made legal in a number of countries in the world but it is also advised at the same time that one should bet only small amounts for enjoyment purpose only and should not go on burning a big hole in their savings.

For betting on football matches one is required to have an account with Singapore Pools, a government approved bookmaker. One is also required to choose a regulated website supporting Singapore Dollar. Though previously there were hundreds of betting sites in Singapore but presently the options are a lot limited and there are only a few those support local deposits and also offer good odds across a wide variety of markets.

For Soccer Betting, anybody above the age of 18 registers for an account by filling out a simple form. But before you place your bet you need to add balance to your account and this can be done by depositing online with your credit or debit card. There are websites those offer some sign-up incentives to new players with certain terms and conditions like depositing amount three times to the bonus before cashing out etc. instead of registering a Football Account Singapore with a single websites experts consider it better to have an account with other regulated websites those supports local deposits and Singapore Dollars. Thus a bettor will be able to shop for odds bet on the best of them for each match. Each of these sites will also offer various promotions and unique bonuses those can be added benefits.

Soccer Bettingcan help you earn some good money from your love for sports but you need to understand that a remarkable level of market efficiency is associated with the sports betting market and each bet will decrease your net worth. In a regulation 3-way markets you can bet the home team, the away team or for a draw or more interesting but there are also more interesting multi-way markets where you can bet on the score, total number of goals scored in a match, team to score the first goal or long time wagers like championship winners. All these markets also offer different payouts relative to the stake and anybody with a Football Account Singaporecan choose to put his bet on one he thinks suitable for hm. With so many available wagering options – watching football matches in Singapore is surely going to be more exciting in the coming days.

Author Bio:

The author Stephen Brimson is a football lover and has dealt with Soccer Bettingin a number of countries where it is legal. He also offers expert advice and consultation for registering Football Account Singapore. He has published expert articles on a number of online sports and gambling sites.