Singaporeans love to bet on horse races. They have only one way to place horse race bets: through Singapore Pools. However, many others look for other options. They register on an online gambling site in Singapore to bet through a provider such as Ezgo123 or CITIBet.
Online casinos offer foreign bookmakers to bettors who cannot gamble through illegal local bookmakers. This is why many bettors avoid betting through them. It is much safer to wager through foreign bookmakers than betting on your own. However, they can see that Singapore Pools sg sports odds differ from foreign horse betting sites.
If you’re a horse race fan in Singapore, you’ve probably noticed the vast difference between SG pools and horse betting sites’ racing bets. While the two sites offer many similar types of bets, they differ in payouts and promotions. Despite the comparison, bettors always focus on Singapore pools sg sports results. The odds at SG pools are always higher, meaning you’ll win more money if you bet more than you lose.
Betting on the totalisator is pari-mutuel, meaning that winnings are paid out after deduction of Goods & Services Tax and a commission that Singapore Pools takes. The commission for Win and Place is zero to 18% of your investment, while the commission for Forecast and Place Forecast is 18% of your investment.
There are also several advantages and disadvantages to betting pools. First, pool bets have the highest payouts, but you must be aware of the risks. You have to stake a proportional amount of money to win. Therefore, you should choose the best pool to join based on your betting style. Also, you need to make sure to read the terms and conditions thoroughly before participating.
Moreover, Singapore pools and horse betting sites offer new features and incentives to attract new customers. Here are the following:
- Singapore pools accept bets on only horse racing, while foreign betting sites offer a more comprehensive selection of sports.
- Foreign websites often offer better odds than Singapore Pools.
- Foreign betting sites are more likely to offer sign-up bonuses and incentives, making them an attractive player option.
To know more information, here is an infographic from CM2Bet.