The concept of online betting was like a taboo in the 90’s because people had fear of making online transactions and they were also apprehension about the reliability and trustworthiness of the online betting portals so would only prefer betting at local casinos and shops. However, over the years, people’s perception changed and they become confident of online transaction and started trusting betting websites. People unfamiliarity with the use of computers and smart phones was the major reason behind their fear of online betting. The people were not well-informed about the security of Internet transactions and hence they were afraid of placing bets on their favorite sports through the betting websites.
Majority of the betting websites operating in Singapore are trustworthy and reliable and these are regulated and licensed by their respective bodies. These betting websites in Singapore has to abide by certain rules and guidelines laid by the official authorities. Issues like risking of personal details and refusing the winning payments are now the things of past. However, few doubtful websites are still there, but these websites can easily be avoided by the bettors. People can also Google search to find about the reliability of the betting website and can also check whether the website hold a license from an authority or not.
Betting being a game of odds, it is quite normal for the players to seek the best possible odds. It is a fact that online betting companies offer better odds compared to land-based bookmakers. It is a reality that at land-based casinos, in case the players win they receive less money in the long term. Besides, players also have the option of comparing odds offered by different companies and choose a company that offers the best odds. Besides the betting options at land-based casinos are also limited, as they only offer betting on major sports whereas online betting websites offer myriad betting options, right from major matches and tournaments of different sports to 2nd division of matches.
