Sports Betting in Singapore has grown tremendously over the past decade and is now an industry of its own. Live betting is not only prevalent in National Sports Stadiums such as that of the Singapore International Football Stadium (soccer team Ultras) or the Singapore Sports Hub (used for the nationally televised Asian games). However, it has now spread to local sports venues such as that of our most popular sports event, the FIFA World Cup Soccer qualifying match between Malaysia and Singapore. This is just one of the many examples of betting culture in Singapore that is manifested in our local culture, both offline and online. In fact, Singapore pools live betting is a multi-million dollar industry here, with sports books, pubs and restaurants all having their own betting systems and promotions. Moreover, many people even live abroad and in this way, they are able to indulge in the betting spirit.
With the ever increasing popularity of the game, betting on it became more than just a game. It has now become a new industry for the country. Many sports books are now attached to banks and other financial institutions. With this backing, not only does the sports book make more money from its customers, it also becomes a gateway for the betting industry and a new revenue stream. The live or betting odds are published at the bookmakers' websites, so customers can check them before placing their bets.
Besides online betting on live sport events, people also take the sport betting aspect to the betting exchange. This can be seen at the Singapore Exchange, which is a stock market-style stock exchange where live prices of the stocks are advertised to the general public, often in newspaper inserts. However, Singaporean companies do not always publish their share price online, since it would disrupt trading. The exchange however, offers an interface for customers to check the live stock prices.
There is even a craze in some areas for collecting memorabilia from sports events. You may find yourself browsing a collection of autographed photos of players, or articles from a sports festival. Even a local event like the opening of a new sports club attracted crowds of sports fans to watch the team in action. Some of these collectibles include photos of the team or players and maybe some team or player souvenirs with their respective teams. Local manufacturers producing sportswear even mass produce replica shoes, jerseys and helmets.
Another trend observed was the use of cricket scorecards as reference when betting on any match up. Browsers may get tempted to click on the scores to check whether they predicted it right or wrong. A betting enthusiast, who knows his sport well, may be able to make a point by interpreting the scores. Of course, most gamblers stick to betting on live matches.
Online sports betting singapore is becoming popular. Many countries around the world allow betting on sporting events. Even Singapore has it up to its chin. But still, the local betting culture is weak when compared to the global betting culture. Until the government takes measures to support the sports betting industry, the local bettors will have to keep up with the global standards.