Types of Sports Betting Odds & Tips for Online Sports Betting

Online sports betting refers to predict and place bets on the outcome of a sports event through the Internet. Online betting Singapore players are able to place their Singapore sports bets at any moment in time from any place.

Popular Sports to Bet on in Singapore

Singapore online sportsbook offers a wide range of sports to choose from. Below are the popular sports to place Singapore sports bet on in online sports betting Singapore:

Place Singapore Sports Bet
  1. Soccer
  2. Soccer Betting, more commonly known as football betting, is the most popular sports betting in Singapore. The number of online betting Singapore players betting on soccer are higher than any other sports. Due to the popularity of soccer, online sports betting Singapore players can make a lot of profit if they place Singapore sports bets on it. Online betting Singapore players usually choose to bet on FIFA World Cup, UEFA Champions League, Premier League and La Liga.

  3. Tennis
  4. Apart from soccer, tennis has grown to become the second most popular sports betting in Singapore. Online sports betting Singapore beginners who want to place their first Singapore sports bets can start with the popular tennis tournament such as Wimbledon, Australian Open, French Open and the US Open. Tennis players like Rafael Nadal, Novak Djokovic and Roger Federer have been popular choices among online sports betting Singapore players for winning money on tennis betting in recent years.

  5. Basketball
  6. Behind soccer betting and tennis betting on the popularity list comes basketball betting. National Basketball Association (NBA) is the most popular basketball tournament in the world, as well as in the industry of online betting Singapore. NBA has a lot of well-known teams (like Chicago Bulls, LA Lakers & Golden State Warriors) and professional players (like Michael Jordan, LeBron James & Stephen Curry). The majority of basketball bets come from NBA.

Other than these sports, online sports betting Singapore players also like to place Singapore sports bets on motor racing, horse racing, hockey, baseball, volleyball, snooker and cricket at an online casino Singapore.

Types of Sports Betting Odds in Singapore Online Sportsbook

Different Singapore online sportsbooks show different sports odds depending on the sports and location you place Singapore sports bets on. If you want to make money from online sports betting Singapore, you need to understand how to read and compare different types of sports betting odds.

  1. American Odds
  2. American odds (also referred to as “moneyline odds” or “US odds”) are popular in the United States but are rarely used in online sports betting Singapore. These types of odds can be displayed as either positive (+) or negative (-) sign. These signs indicate:

    • Positive Odds (+) = how much you would win if you placed a stake of $100
    • Negative Odds (-) = how much you would have to stake to win $100

  3. Fractional Odds
  4. Fractional odds (also known as “UK odds”, “British odds”, or “Traditional odds”) are popular in the United Kingdom and Ireland. Fractional odds are used regularly in horse racing. These sports betting odds are calculated in the form of a fraction so they will display as 10/1, 9/2, and so on. The number on the left (numerator) is how much you will win, while the number on the right (denominator) is how much you stake. For example, if you stake $5 at 2/1 you will win $10 ($5*2) and get your $5 stake back. Fractional odds are easy to calculate.

  5. Decimal Odds
  6. Decimal odds (also referred to as “European odds”) are popular in Europe, Canada and Australia. They are often used in online sports betting Singapore. Decimal odds are the easiest format to understand. They can be calculated quickly and easily. You can calculate it with this simple formula:

    Potential Payout = Stake x Decimal Odds

The breakeven for decimal odds is 2.0. Therefore if:

  • Decimal odds below 2.0 = Potential return will be less than the amount staked
  • Decimal odds higher than 2.0 = Potential payout will be greater than your stake

Online Sports Betting Singapore Tips

Here are some great online sports betting Singapore tips that will help you make a more effective decision on sports betting.

Tips for Online Sports Betting
  1. Learn the Basics of Sports Betting
  2. It’s so easy to get started with online sports betting Singapore, but if you don't know anything about it, you are going to put your money at risk. Learning the basics before you start betting can help you make more informed betting decisions. If you’re new to the world of online sports betting Singapore, learning the terms often used in sport betting or online sportsbook Singapore can help you better understand the industry.

  3. Research before Betting
  4. Before placing Singapore sports bets on a sport player or team, it's important to do some research to make sure you have more chances to win money at online sports betting Singapore. These researches include the sports knowledge, team’s performances, recent sport news articles, online sportsbook Singapore, online betting strategies and others. Taking the time to do some research can give you an insight into the most probable result before you make your final online sports betting Singapore decision.

  5. Ignore Bias
  6. People are always going to be subject to biases so they usually choose to place their Singapore sports bets on their favourite sports player or team. However, placing Singapore sports bets on biases without objective analysis can lead people away from the most accurate outcome predictions. So, try to think rationally and separate your bias from online sports betting Singapore if you want to have a better chance of winning money.

  7. Set a Budget
  8. The problem with betting is that it can lead to financial loss of control. A good way to control money is to set a budget for how much you can lose before placing Singapore sports bets. This can give you a clear view of your finances so that you know when to stop on your online sports betting.

  9. Track Your Betting
  10. You can track your online sports betting Singapore by record keeping. Record keeping gives you a clear picture of your sport betting history. With recorded data, you are able to quickly view and analyse which Singapore sports bets you've won and lost in the past. This can help you to determine and improve your online sports betting Singapore strategies in the future.

After reading this article, you know that online sports betting Singapore is the easiest way for every online betting Singapore player to get involved. Download our mobile casino app, choose your favourite sport and place Singapore sports bets on 12Play, the best online sports betting Singapore website right now!