What Is The Difference Between Singapore Pools and Online Gambling?
Online gambling has become increasingly popular in Singapore and other countries. Many gamblers have opted to use online live casinos rather than offline to satisfy their compulsions. Users have shared their experience with Singapore online gambling and how the convenience of being able to play in the comfort of your own home any time any where is just the best thing ever.
Is online gambling in Singapore legal? This is a question that is always asked. Under Singapore law, there are two acts in relation to gambling. The Common Gaming Houses Act and the Betting Act, both make it illegal for individuals or private companies to operate an online or land-based bookie business in Singapore. It was in 1968, seven years after the act was passed that the government created The Singapore Pools that is still legal today. The Singapore Pools initially started by offering TOTO, sweepstakes (Singapore Sweep), 4D and eventually sports (football and formula one racing) and horse betting was also made available for gambling. Till today, The Singapore Pools and The Turf Club are the only legal online and offline gambling sites. However, since the laws were created before online gambling or the use of the internet was common, the use of foreign gambling sites by locals in Singapore was not made illegal under the act.
Where there is a weak line of restriction of the use of online gambling sites, many locals take advantage of this and commonly register on offshore online bookies. A couple of popular sites you may have heard of as Online Betting Singapore (sites) such as Goldbet, Ladbrokes, William Hill, Acebett99. These are not actually legal in Singapore! Foreign gaming manufacturers have taken the opportunity of the resources in Singapore and created an attractive service to target locals. Singapore Live Casino available in today’s market, have been designed to make full use of the high speed internet in Singapore to provide users with an exhilarating experience. If you have experienced, most online gambling sites are loaded with high resolution graphics, ultimate 3D visuals, zero waiting time and attractive promotions and deals that you don’t get with Singapore Pools. For example; as a first timer on site, you can receive first time user bonus spins or as a frequent user you will receive extra credits that make online gambling dangerous and addictive.
Singapore Pools on the other hand is committed to sharing a responsible gambling practice. As a State owned government subsidiary company, very high standards and game rules are put in place to protect customers and ensure a fair and safe betting experience. Without forgetting to mention, the organisation reports to the Ministry of Finance to ensure a trusted platform is created for real money transactions to be made. Promotional marketing is also controlled to restrict excessive product advertising that can lead to irresponsible play. As the platform was only formed to tackle illegal gambling, products offered are designed and communicated to encourage social and recreational use. In conclusion, the much safer option for Singapore online gambling is using Singapore Pools versus illegal Online gambling websites. You may get a more similar feel to gambling in an offline casino by using online gambling websites, but would you prefer security or temporary thrill?