Learn how to bet on sports in Singapore with a step-by-step guide. Discover legal platforms, betting options, and tips to enhance your chances of success in the sports betting world.
How to bet on sports in Singapore?
Singapore has developed into one of Asia’s premier destinations for sports betting, with a thriving and regulated market catering to both local and international punters.
If you’re looking to wager on football, basketball, soccer and other major sports in Singapore, this comprehensive guide covers the best betting sites, legal status, getting started, and more.
Overview of Sports Betting in Singapore
- Legalized in 2014 after decades of prohibition, tightly regulated by the state.
- Singapore Pools is the sole legal operator for land-based sports betting through outlets across the country.
- Online sports betting recently opened up to private operators under licensing regulations.
- Strict rules prohibit unlicensed gambling including offshore sportsbooks not regulated by Singapore laws.
- Betting tax of 15% levied on operators, no taxes for individual bettors on winnings.
Best Online Betting Sites in Singapore
Since 2020, legal online sports betting in Singapore has rapidly expanded with licensed operators:
- Singapore Pools (SportSGP) – The state-owned land-based operator recently launched enhanced online sports betting products, available via web, iOS and Android apps. Offers bets on major soccer leagues, NBA, tennis, MMA and more.
- KTO – This private operator developed by 500.com was the first licensed for online sports betting in 2020. Covers popular sports including soccer, basketball, esports, and cricket. Accessible online via KTO mobile app or website.
- Singbet – Launched by Japanese gaming firm Ktronix in 2021, Singbet holds one of a limited number of operator licenses. Bets available on sports like soccer, baseball, basketball, American football, badminton, and tennis.
- Masabet – A new player launched in 2022, Masabet is operated by Malaysian firm GENM. Licensed for online betting on soccer, basketball, mixed martial arts, e-sports, and motor racing.
- Zetapet – Owned by petcare company Zeta Pet, they received Singapore’s fifth sports betting license. Offering online betting on soccer matches globally.
Is Online Sports Betting Legal in Singapore?
Yes, online sports betting is completely legal for Singapore citizens provided you use locally-licensed and regulated operators. Under the Remote Gambling Act, only approved operators can legally offer online betting.
Strict laws prohibit unregulated offshore betting sites catering to the Singapore market without proper licensing. The Singapore government actively blocks access to hundreds of unauthorized gambling sites.
Singapore residents and visitors must only use state-approved sites like Singapore Pools online and the small group of private licensed operators like KTO, Masabet and Singbet. All legal operators are required to confirm your identity and legal eligibility to bet.
Getting Started with Online Betting in Singapore
To begin online sports betting with legal regulated bookmakers in Singapore:
- Select Site – Choose from recommended licensed sites like SportSGP, KTO, Singbet or Masabet. Avoid any unapproved offshore operators.
- Register Account – Complete registration process including submitting personal details and proof of age/identity. Accounts are verified before betting.
- Deposit Funds – Load your account wallet via various methods like credit/debit cards, online banking or e-wallets.
- Place Your Bets – Browse match offerings for soccer, basketball, tennis, MMA and more. Select your wager options and amount.
- Withdraw Winnings – Request payouts from your account wallet via the withdrawal section when ready.
Popular Sports to Bet on
The diverse multicultural population drives wagering on a wide array of sports in Singapore. Most betting activity focuses on:
- Soccer – Massive interest in leagues like English Premier League, Champions League, World Cup and Asian competitions. All licensed sites cover an extensive range soccer match and player betting.
- Basketball – Following both regional leagues like PBA and major overseas competitions including the NBA and EuroLeague. Point spread and player prop bets see high volume.
- Tennis – Betting markets available on all major ATP, WTA, and Grand Slam tennis events and matches.
- MMA/UFC – Singapore has developed local MMA talent like Amir Khan driving interest and betting on global promotions including UFC.
- Esports – Competitive video gaming has surged in popularity across Singapore, covered extensively by licensed bookmakers.
- Motorsports – Formula 1 draws strong betting interest leveraging Singapore’s marquee Grand Prix event.
- Cricket – Expats from India, Pakistan and Sri Lanka fuel cricket betting on matches, series like IPL and World Cup.
Conclusion
In summary, Singapore provides a fully regulated environment to legally and safely bet on your favorite sports online.
While land-based betting remains dominated by Singapore Pools, new licensed operators are meeting surging demand for online wagering.
Strict laws restrict offshore betting sites, so make sure to use only approved regulated bookmakers.
Gambling Problem Help
While gambling is meant to be enjoyable, it can become a serious issue for some individuals. If you’re experiencing difficulties related to gambling, seek help from:
- National Council on Problem Gambling or call 1800-6-668-668
- All Addiction 6-RECOVER: 6-7326837 or visit the National Addictions Management Service
The Legal Stuff
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Hao Cheng Cheng is a renowned authority in the online gambling industry, with over a decade of hands-on experience. Holding a Master's in Cryptographic Engineering from Singapore Institute of Technology, he spent years working at Marina Bay Sands, igniting his passion for the intricacies of casino operations and regulations.
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