- Betting Sites
If you look at a certain, state-owned bookmaker, online betting in Singapore doesn't look very exciting.
But what if we told you that some amazing, international betting sites accept Singaporean bettors?
Keep scrolling to take a look at our expert’s choices for the top sites for online betting in Singapore, as well as where you can bet in Singapore Dollars, and more!
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Singapore Pools is the most well-known bookmaker in the country, but the reason for that is because it’s owned by the Singapore Totalisator Board, a branch of the government. Because of this, Singapore Pools is one of only two companies to be granted any exemptions to the Remote Gambling Act, effectively creating a state-sponsored duopoly.
As most punters in Singapore are already aware of, Singapore Pools offers a far inferior and more limited product than the international betting sites featured in our list of Singapore’s best bookmakers.
While international betting sites offer bets on dozens of different sports, Singapore Pool only allows punters to bet on football, motorsports, and horse racing. In addition to that, international bookmakers offer odds at significantly better prices.
If, like many others, you’re looking for online sports betting in Singapore, you’re likely to have more options, get better value, and have access to more features when using an international betting site.
Until 2014 Singapore didn’t have any legislation or regulation that covered online gambling. In that year, however, lawmakers decided to try and stamp out gambling addiction and introduced a blanket ban on all forms of online gambling and betting with the Remote Gambling Act of 2014. Online gambling in Singapore was suddenly illegal.
Technically, only Singapore Pools is allowed to offer online betting services in Singapore, as they were granted an exception from the Remote Gambling Act in 2016. As we mentioned above, though, Singapore Pools doesn’t have nearly as many options for punters as international betting sites do.
Luckily, though, there are plenty of international bookmakers who accept Singaporean users. What’s even better is that these international sportsbooks are usually licensed and regulated by some of the world’s most reliable regulators (who don’t own them!).
Punters have nothing to worry about, though. While those online bookmakers are taking a risk by accepting Singaporean users, the responsibility lies entirely with them.
As there isn’t any legal framework surrounding online betting in Singapore, punters don’t need to pay taxes on their winnings.
As online betting isn’t meant to occur at all, there no applicable tax laws that affect your winnings from international betting sites.
Because of the legal status of online betting in Singapore, it can be difficult to find bookmakers who accept Singapore Dollars.
This is definitely something to be aware of before signing up to international betting sites in Singapore, as you might incur currency conversion fees that need to be factored into your bankroll.
Luckily, 22Bet, 1xBet, and Interwetten accept SGD. At the time of writing, these are the only trustworthy, legitimate sites available for online betting in Singapore that accept Singapore Dollars, which is how they ended up topping our list of the best betting sites in Singapore.
As we mentioned above, betting in Singapore Dollars isn’t widely available, so the question is:
How do we deposit and withdraw from International betting sites?
Fortunately, this is actually a pretty easy question to answer. Even if you’re using an international bookmaker that doesn’t accept Singapore Dollars, making betting deposits and withdrawals is still easy and simple.
Even when having to deal with currency conversion, Singaporean punters are still able to use the payment methods they already have access to, like their credit & debit cards, or bank transfer, and even popular e-wallets.
The most straightforward option is to just use your VISA or MasterCard, like you would for any number of online transactions. All you need to do is enter your card details, and your deposit appears in your betting account almost instantly. Withdrawals to credit and debit cards aren’t quite so speedy, though. Credit and Debit Card withdrawals can take between 3 and 8 days to become available, depending on the betting site.
If you’re looking for security over speed, Bank Transfers are your best option. Most international betting sites can accept bank transfer deposits and withdrawals from Singapore’s biggest and most popular banks. While every transaction will take days to complete, this is one of the safest methods out there.
|💡 TIP! You can speed up bank transfers AND add an extra layer of security by using Trustly for betting sites. If your bookmaker of choice supports it, Trustly makes your bank transfers much faster, while adding even more protection!|
Finally, we have e-wallets. Unfortunately, you won’t be able to use services like PayPal or Apple Pay when betting in Singapore. Luckily, both Skrill and Neteller are available for Singaporean punters!
The reason we’re so happy about this is that Skrill and Neteller are accepted by the majority of international betting sites. This means that even if you switch over to a different sports betting site, you won’t need to worry about signing up to any other payment methods out there. Plus, their transaction speeds are much faster than any of the methods we mentioned above.
|Payment Methods for Betting in Singapore|
If you’re just getting started with online betting, we recommend starting with the sports that draw in the most punters here in Singapore. As a nation, these are the sports we’ve been obsessed with for generations, as well as new favourites that have risen in popularity over recent years:
One thing that many new bettors aren’t aware of, though, is that different bookmakers are better for different sports.
For example, football fans are likely to fall in love with Interwetten, the global sportsbook that sticks to its Austrian roots. However, those who want to bet on eSports like League of Legends or Overwatch would be much better served by 1xBet, who have a wider selection of eSports matches and markets to bet on.
These are our experts’ top choices for the best betting site for each of Singapore’s most popular sports:
|Sport||Best Sportsbook in Singapore|
|⚽ Football Betting||
|🏏 Cricket Betting||
|🏇 Horse Racing Betting||
|🎮 eSports Betting||
|🎾 Tennis Betting||
|🏈 US Sports Betting||