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How to Bet on Basketball in Singapore?

Basketball is one sport that Singaporeans absolutely adore. The popularity of this sport is further heightened by the fantastic performance of the Singapore national basketball team in both regional and international competitions.

How to Bet on Basketball in Singapore?

The love for this sport is not just on the basketball court, but also extends to online betting sites. But if you are new to live betting in Singapore, there are a few things you need to know before you engage in online gambling.

For starters, you need to understand the Singapore betting laws and how it affects gambling in Singapore. This guide answers several questions on how to bet on basketball in Singapore.

What does Singapore Betting Laws Say about Betting?

The first thing you need to know about sports betting in Singapore is that it is absolutely legal. But there is only one Singaporean betting operator authorized to accept bets from Singaporeans in the country. This sports betting operator is known as Singapore Pools.

Established in 1968, as a subsidiary of Tote Board, Singapore Pools was instituted by the Singapore government to counteract the excesses of illegal gambling.

The Remote Gambling Act of 2014, proclaimed all forms of online gambling to be illegal. However, by 2016, the Singapore government granted the Singapore Pools the right to offer both lottery and online sports betting services.

This makes Singapore Pools the only official online bookmaker of Singaporean origin. As a sports punter residing in Singapore and looking to place bets on sporting events, you can do so via Singapore Pools.

Singapore Pools accepts in-person betting from anyone aged 18 years and over. However, in accordance with the Remote Gambling Act, you cannot open a personal online betting account with Singapore Pools until you are at least 21 years of age. This is not the case with most foreign-owned online bookies who allow Singaporeans to open betting accounts and start sports betting from the age of 18 years.

Can you Bet on Basketball with Singapore Pools?

No. Singapore Pools allows you to place bets on many sports including horse racing, motor sports, and football, but you cannot place bets on basketball. This is why Singaporeans are more attracted to foreign-based online gambling sites that offer a broader range of live sporting events with great odds on a variety of markets for wagering.

In addition to this, foreign sites are more attractive to Singaporeans because of the exclusive bonuses and promos to give players a more memorable and profitable gambling experience.

Can Singaporeans bet on Basketball with other Online Bookmakers?

While Singapore Pools is the only domestic bookmaker in Singapore, there are many foreign online bookmakers that accept Singaporean bettors. The Remote Gambling Act may frown against these sports betting sites, but Singaporeans still utilize these internet bookmakers and online casinos to place bets on simulated and live sports, especially Basketball.

As a Singaporean, you can place bets on indigenous or foreign Basketball games on online betting sites like 22Bet Bookmaker, 20Bet Sportsbook, 1xBet Sport, ZigZagSport, FezBet Bookmaker, 1xBit Bookmaker, Dafabet, and so on.

These foreign online bookmakers offer a number of enticing benefits to sports bettors from Singapore. Some of these benefits include:

  • Your betting account can be funded with Singapore Dollars (SGD).
  • You are offered a Welcome Bonus.
  • These sites also offer deposit bonuses with as much as 100% on your initial deposit.
  • These foreign bookmakers offer a variety of banking options including e-wallets, debit/credit cards, epayments, bank transfers, and cryptocurrency like Bitcoin.
  • Free mobile app download for your playing convenience and betting comfort.  
  • 24/7 pro-active customer support and live chat capabilities. 
  • In-play betting using real money, match stats, and an array of betting markets.
  • Regular cashback and other promotional packages.

For lovers of Basketball in Singapore, the NBA is one basketball league that elicits a lot of interest, following, and passion. This North American basketball league therefore takes the leading place in most basketball bets made by Singaporeans. Bets can be placed in different markets for competitive basketball games in both the regular and NBA Playoff seasons.  

How to Bet on Basketball in Singapore

#1: Sign Up: 

To bet on basketball in Singapore start with you signing up with a foreign-owned online sportsbook. As mentioned already, there are quite a few sites that Singaporeans can sign up with. 

When you sign up you will be required to provide both personal and financial details. This includes your full name, email address, contact phone number, and preferred banking option. 

#2. Fund Account:

Once you have ratified your account via your email or phone call, you can login to your account. Fund your account by depositing SGD using any one of many acceptable deposit options and these could include debit/credit cards, bank transfers, epayments, ewallets, and cryptocurrency (Bitcoin).

#3. Choose a Basketball event:

Go-to the available competitive basketball sporting events under the sportsbook section of the online gambling site you have registered with. While on the basketball options, you may choose from the available international basketball events. This includes competitive basketball events in many other countries and not just the NBA. 

#4. Explore the Markets: 

Once you are sure of the competitive basketball sporting event you want to bet on, you can then explore the number of available popular markets. Typically, you have markets like Points (Over/Under), Assists (Over/Under), and Rebounds (Over/Under). You have many betting types, and betting odds for a great betting experience. You can even place accumulative bets if you prefer. Once you have decided your betting option you can proceed to the payment options to fund your account. 

#5. Place your Bet:

After deciding on the basketball event and markets you want to bet on, you can then enter your betting amount, place your wager in real time, and fingers crossed! With any luck you would win the bet and get paid in SGD. Withdrawals can also be made in SGD.

READ MORE: How to Bet in the NBA?

In Closing

As a Singaporean, you can bet on basketball games and other popular sports when you sign up to a foreign online betting site singapore that accepts bettors from Singapore. Avoid Singapore Pools as this state-owned sportsbook does not offer basketball betting, except soccer betting or wagering on other sports like horse racing and motorsport. Do check out the various payment methods that is available.

Finally, note that the most common and popular betting odds in Singapore is the European Odds which is obtainable in virtually all the foreign-based betting sites that accept bets from Singaporeans. The decimal odds simply indicate your payout for a successful bet. For example, a winning bet of a S$100 made on odds of 1.78 will earn you a payout of S$78.

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