Any form of betting that involves the use of a computer and internet is called online betting. It includes poker, casino games, and sports betting. In the last few years, online betting has seen a tremendous rise all over the world. But is online betting legal? In most of the countries, there is a ban or restriction on betting hence the illegal sector has flourished. But countries like Singapore have taken measures to legalize online betting through Singapore Pools and Singapore Turf Club. The two entities operate most of the Singapore online betting sites with the agenda of curbing illegal betting.
Legal Vs Illegal Online Betting
With the setting up of local operators Singapore Pools and Singapore Turf Club in 2016, most of the illegal betting activities have been curbed. Despite this, there are agencies or entities who indulge in illegal online betting. If you love to participate in Singapore Online Betting, it is essential that you are aware else you are liable for fine or jail term. As of now you are only liable to place bets websites like the Singapore Pools and Singapore Turf Club. Remote gambling of any other kind is restricted in the country. Apart from these betting using the local bookies is also equally illegal. The underlying fact is that the Singapore online betting industry is majorly governed by the two entities Singapore Pools and Singapore Turf Club.
Singapore Online Gambling Industry
The online gambling industry in the country is run by the remote gambling act and also involves gaming and lottery other than betting. As per the remote gambling act many of the websites offering online betting have been banned in the past. Despite the ban there are sites that can be easily accessed. If you wish to play either use a proxy server or change location using a VPN. But before getting into any such activity be clear about the consequences as well.