In the last financial year, Singapore Pools, the country’s only legal lottery operator, saw a 40 percent increase in betting. This was due in part to the easing of Covid-19 restrictions.
Aside from lotteries, Singapore has also witnessed a surge in sports bets. Sports bets include betting on football, motor racing, and horse races.
In addition, four digit games like 4D and Toto are popular amongst Singaporeans. Among these, Toto is the second most popular bet after 4D. The Toto draw is available at the Singapore Pools Main Branch.
Since launching the online game in 2016, Toto has become a more convenient option for Singaporeans to place bets. Purchasing tickets is easier and can be done anywhere, anytime.
As well, the online lottery vendor is more secure than a physical lottery vendor. Customers can pay for their composition amount through a Singapore cheque. Payment will be processed after three working days.
However, any individual placing a bet with an unlicensed or illegal operator will be subjected to a fine. According to the National Council on Problem Gambling, four to five percent of Singaporeans gamble on a daily basis.
Betting on lotteries has increased in the last ten years in Singapore. In the previous financial year, SGD9.2 billion was wagered. Combined with sports bets, this was the largest wager in the past decade.
On the other hand, the rate of probable pathological gambling in Singapore has remained steady. Three individuals are currently being charged with up to 10 years in prison.