The Best Singapore Online Sports Betting Odds at BK8 SG
Most of the world, including Singapore, is obsessed with sports. You can find soccer games being played pretty much every day of the week at the actual stadium or on TV. But what’s also popular is betting on those games! Read this article to learn more about the different types of bets, pros, and cons of online sportsbooks, and how you can always get the best Singapore online sports betting odds at BK8 Singapore.
What is Online Sports Betting?
Online sports betting is very much like the traditional way of placing bets in a bookie’s shop, except that it can be done from the comfort of your own home! Instead of travelling to a bookie’s shop, all you need to do is log onto an online sportsbook site, browse through the odds, and place your bet.
Further, online sports betting is an activity where bettors guess the winner(s) in a particular sports event. Other than betting on winners, there are also other types of bets that you can make on every type of sports game. By placing a wager on the outcome of a sports event, you will be rewarded based on the odds. In speaking of odds, all online betting platforms are offering different winning odds, so you may want to check and compare before placing a bet.
There are lots of sports events happening every day all over the world hence, making lots of opportunities for players to gain some profit from this.
Is Online Sports Betting in Singapore legal?
To answer that question, let’s find out whether or not the government of Singapore allows its citizens to place bets online. The answer is it depends. What is the definition of gambling? What are the rules in Singapore that regulate online sports gambling? These questions were raised in Parliament on 24th March 2012 by Mr Zain al Sapari, MP for Pasir Ris-Punggol GRC. He had posed them to Mr Lim Hng Kiang, Minister for Trade and Industry.
The answer is that gambling is legal in Singapore except for a handful of activities such as the promotion of lottery, unauthorized money lending business, arranging for a person to become a member of a syndicate, and operating an unauthorized gambling place for the purpose of conducting lotteries, etc.
Therefore, we may conclude that online sports betting in Singapore are legal, only on some platforms. BK8 is one of the greatest and most reputable online sportsbook platforms in Singapore that you can discover. BK8 has obtained several international gambling licenses to proves that we are one of the safest and most reliable online gambling platforms.
What Are the Types of Online Sports Betting?
Football, basketball, baseball, tennis, and many more sorts of sports are available for wagering. It’s also possible to place a wager on a certain team in a sporting event. Consider, for instance, the final result of a football match between Manchester United and Chelsea. In addition, you may wager on the outcome of sporting events, such as whether the game will end in a tie or if one of the teams will win.
Other than that, you can even bet on individual sports player’s performance, like predicting the number of goals a particular player will score in a particular match. Online sports betting also gives you the opportunity to bet on anything that happens during the event, like the number of yellow cards in a particular match. You can also bet on which team will win a penalty shootout or predict who will win the match between two particular players.
You may wager on a range of various markets on football betting sites. These markets include Betting on the football match result, which team will win, what the score of the match will be and who will score first.
Pros and Cons of Online Sports Betting
As with anything, there are advantages and disadvantages to online sports betting. The pros include:
- You can bet on any sport, at almost any time of the day or night, from anywhere in the world.
- Betting on hundreds of various betting markets, including in-play, is an option available to all bettors.
- You can place your bets instantly, which is a big improvement on having to wait for a bookmaker to open in the morning.
- Live Betting is available, which allows you to watch the match live and bet accordingly.
- Interesting promotions and bonuses are available when you bet online.
The cons include:
- The odds are different at every online Singapore sportsbook.
- You can’t immediately cash out your winnings. You will have to wait for your deposits and winnings to reach a certain amount before you can cash out them.
How to Place an Online Sports Bet?
One of the best ways to play a bet in an online sportsbook is by online casino Singapore such as BK8 SG. To do so, you simply need to create a BK8 Singapore account. The steps are listed below.
- Register an account.
- Deposit a fund into your gaming wallet.
- Pick the Sports Betting platform available in BK8 (CMD368).
- Start picking the betting options and place a bet on them.
What are the Best Sports Betting Sites in Singapore?
There are lots of online betting sites available in Singapore, but please keep in mind that most of them are scamming sites. In other words, most of them are purposely attracting you with exciting promotions to sign up and deposit money, but in the end, you are unable to withdraw your money out from them.
One thing you can do is to check out reviews about online casinos in Singapore to prevent scams. As mentioned, BK8 is one of the most trusted and biggest online casinos in Asia as we have obtained international recognition. Singaporean players are rest assured when placing an online sports bet on BK8 as we are the safest and most secured sports betting site you can find in Singapore.