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Sports Betting

FOOTBALL BETTING: WHICH LESSON SHOULD BE LEARNT FROM SINGAPORE? (PART 02)

Singapore Pools organizes betting for all the football tournaments and champions all over the world, national football tournaments of some developed football nations in Europe, Asia, Australia and Singapore. Nowadays, on the official website of Singapore Pools, many “king of sports” addicts who are fond of betting can place bet on tournaments and matches in UEFA Champions League, Europa League and other national tournaments, whether they are competing or friendly ones of England, French, Italia, Japan, Korea, Spain and Singapore.  

Hosting and organizing professional football tournaments and being the first to turn football betting into legal  in the South East Asia, it comes as no surprise when on the list of the International Federation of Football History & Statistics (IFFHS) during the period from 2001-2011, S-League of Singapore always stands in top 1 of the region (ranked 82th), above V-League of Vietnam (ranked 88th), Thai-League of Thailand (ranked 89th), Malaysia Super League of Malaysia (ranked 91th)…

Is this a “two-edged sword”?

It is the high time for the South East Asia regions to take football betting into consideration seriously to turn it into legal. However, if this is not executed carefully, football betting will be a “two-edged” sword, as the football development of many Asia regions would be threatened or stand on the edge of cancelling when players and organizers are aimed to be the “preys” of greedy bettors.

During a court to deal with the darkside in China football, referee Huang Junjie was announced to come up with a 7-year sentence as being involved in serious football cheats for betting. Typically, in the friendly match between Shanghai Club and Manchester United in 2007, a football market in Hong Kong requested Huang to set up the match with the final gap score must be 5 goals for M.U.

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Sports Betting

FOOTBALL BETTING: WHICH LESSON SHOULD BE LEARNT FROM SINGAPORE? (TO BE CONTINUED)

In South Asia, football betting is no longer a big deal which has appeared in many nations such as Malaysia, Singapore, Philippines, Vietnam and recently, Cambodia. However, football betting is considered to thrive most successfully in Singapore with the renowned betting firm named Singapore Pools, one of the biggest sponsors for S-League.

The betting activities taking place in Singapore have been legalized since 1968 with the establishment of Singapore Pools. According to the regulations of Singapore Pools, the participators who take part in any types of betting, casinos or lottery need to be at least 18 years old. Nowadays, there are several types of betting which Singapore Pools has been organizing, including football betting, bet on the Formula One Race (F1), 4-Digits (4D), Toto and the latest, Scratchit with the price of 1,2,5 and 10 SGD and Sweep with the price of 3 SGD.

The customers of Singapore Pools can also sign up the golden or platinum PoolzConnect account to play bet or buy “numbers” via telephones. However, the compulsory requirement for players is that they must  be over 21 years old. The golden accounts are opened for foreigners under the financial condition that they must afford at least 250 SGD in their bank account, while the platinum accounts are only tailored for Singaporean. 

In betting on sports, Singapore only puts limit on the minimum bet which is 5 SGD, there is no maximum one. The winner of any plays and bets which rewarded prize is below 5.000 SGD will be given the money via bank account, or via cheque only if the prize is over 5.000 SGD. Singapore government believes that, by this way. taxes on personal income can greatly be under control.

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Sports Betting

Loss of revenue due to Covid-19, almost 150 football markets decided to involve in amateur tournaments

As most of professional football tournaments have come to a halt due to the wide spread of pandemic Covid-19, many worldwide football markets are trying to gain more revenue by involving in numerous tournaments, whether they are amateur or friendly ones.

According to Sweden Press, recently, the friendly match between the Sweden 7th ranked team Esk Whileuna and Naeshulta Goif – the 8th ranked one has attracted more than 150 football markets to care about and spring up the betting issues on it. Previously, there had rarely been any football markets keeping an eye on this match.

The members of 2 Clubs have received many calls in regarding of the match’s situation from numerous countries all over the world such as HongKong, England, Macau, French, Germany or America…

The representative of Naeshulta Club has recently made contact with Svenska Spel, the Sweden exclusively national betting company to ask for consultation. And they were surprised to be announced that there have been at least 148 football markets offering odds of their friendly match. 

Because of the tender care from worldwide football markets, 2 clubs has been worrying about the odds arranging beforehands issue. Therefore, both of them decided to cancel that match, which was previously planned to take place in the 30th, March.

After then, the match was reconnected and secretly held on the 4th, April. All members of 2 clubs made contact through a closed chat room on Facebook and were forced not to lack any information about the match. At the end of the match, Esk Whileuna won Naeshulta 6-3. There were just a few fans of 2 clubs coming and spectating the match.

Until now, Covid-19 has made unexpected impact on 208 nations in total and the number of people infected was 1 million 200.

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Sports Betting

Football Betting Tips for Beginners (part 1)

Currently, the demand for betting, online football betting is on the rise. Therefore, the demand to learn football betting experience is also increasing rapidly. And before you enter a bet, you need to understand the rules of the game as well as some experience to improve your chances of winning.

Carefully consider before betting football

No matter what odds you bet on, understanding and calculating the match information is an important job you cannot ignore. This is an important football betting experience, but not everyone knows it.

To be able to study the match, you need to understand the situation of the force, team information, performance and class of both owners and guests. Also, read the research and comments of reputable experts. After a few times, once you get used to it, studying the game will not be too difficult for you.

For example, Manchester United (the team you choose) has a higher level than Leicester City, and MU is at the peak of its form (4 wins 1 draw in the last 5 matches) and has the strongest squad (no players) injured pillars). These are all factors that show the team’s high ability to win.

Also, if your rafters are two teams on a par, find out the confrontation history of both teams. For matches where both teams are on equal footing, you need to pay close attention to the current performance of both teams.

According to the betting experience of the betting specialist, before making a bet, the more information you have, the better your chances of winning. These will be important bases for you to make the most accurate decision.

Do not choose a strong team with a low bet

When betting or rafting, you should not be too eager to bet with strong teams. However, choosing strong teams will help you have more chances to win, because this is easily predictable.

Besides, because it is too easy to guess, the number of people who choose a strong team will also be higher, the rafters will be lower. As researched above, if you gamble in a crowd, you run the risk.

Remember, betting on football is a high risk game. According to the soccer betting experience of the veteran players, split the bet amount, do not put your luck on a specific odds, because you will probably lose it all!

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Sports Betting

Sports Betting Takes Technology Products to The Next Level

The US Supreme Court’s legalization of sports betting in May 2018 was a leverage. It promotes the online betting industry to create artificial intelligence products and high technology applications.

In a country where the amount of illegal sports betting is up to $ 150 billion a year like in the US, developing a highly interactive online betting app will bring a huge profit to the corporations. Technology delegation. 4 years ago, Israel’s WSC Group started a close relationship with NBA in the application of AVGEN technology. They create highlights videos, synthesize remarkable situations in basketball games automatically, even after the situation ends.

These highlights videos sparked interest in the fans to predict the next evolution of the match, thereby betting on the possibilities. It is the success of WSC Sports that motivates other technology businesses such as VSiN and Optimove to invest more heavily in online sports betting.

While sports betting has been developing in Europe for many years, the US is considered a new market after the PASPA was officially wiped out in 2018. That’s why so many reputable betting companies. in Europe has flocked to North America to carry out investment projects. In contrast, a lot of US media are oriented towards development. For example, they created sportsbooks for users to access and bet on whatever sports they want.

Right in the NBA, WSC Sports will automatically send videos of the match’s most notable situations to the fan’s facebook account. This makes fans feel excited, curious to predict the situation that will happen next in the match. Based on the history of past visits, the betting app will display the information that fans are interested in. This is not only the direction of WSC Sports in online betting, but also the common operation of some popular service packages in the world such as Amazon Prime and Netflix.