Online Sports Betting in Singapore 2024

Foreign Bookmakers vs. Singapore Pools

If you’re familiar with online betting in Singapore, you may already know about the Singapore Pools. This state-owned lottery company also offers sports betting, both online and at retail locations. However, many foreign bookmakers also allow residents of Singapore to place bets with them, and there are often many advantages to choosing these operators instead.

For one, younger bettors are restricted in their access to Singapore Pools. While you may begin betting in person with them at age 18, you can’t open an account to place wagers online or over the phone until you turn 21. By contrast, most foreign bookies accept bets starting at age 18.

Foreign operators also offer large welcome bonuses and other promotions that you won’t get from the Pools. These factors can make playing with foreign bookies more enjoyable and potentially more profitable for you.

Deposits and Payouts at Foreign Bookmakers

Our top foreign bookmakers all offer you multiple ways to make deposits. A few of these options are particularly popular for Singaporeans.

At the top of the list is the use of internet banking. Most sites allow for online bank transfers from all major banks in Singapore, allowing you to quickly move money from your checking account to the betting site.

Another top option is the use of an e-wallet. These services allow you to set up an online account where you can store money. The most popular of these is Skrill, though others may be available at some sites. You can fund your e-wallet by using any number of methods, then use that money to deposit into foreign bookies or withdraw winnings back to your bank.

While those are the two most popular options, other methods are also available.

Other options are popular for players who don’t have bank accounts or credit cards. For instance, you may be able to make a deposit through a cryptocurrency such as Bitcoin. In other cases, prepaid cards or vouchers that you can purchase online or in person from retailers can be used to make deposits.

Singapore Betting Odds

A number of different odds formats are used around the world. These include European (or decimal) Odds, UK Odds (fractions), and American odds (money lines). There are also several kinds of Asian odds, including Hong Kong Odds, Malay Odds and Indonesian Odds.

In Singapore the most common odds format used is European Odds. This is the default format used by the Singapore Pools, and you’ll also find it available at all foreign online betting sites.

Decimal odds represent how much money you will receive if you make a winning bet. For instance, if the odds are 1.91, and you make a bet of S$100, you will receive S$191 if you win. S$100 is your returned stake, while S$91 would be your profit.

When using one of our recommended betting sites, you will be able to choose the format in which you’d see odds. By sure to choose European (decimal) or any other format you prefer to make sure you understand the odds and payouts on each bet you make.