Sports betting is a multi-billion dollar industry in the United States. It is the reason for many jobs, a boost to the economy and a source of tax revenue for the government. Nevertheless, the profit and loss statistics are not exactly rosy. The best bets might be the safest, but the biggest returns might be the riskiest.

As for how it works, it’s a business that requires money to be placed in an account. A winning bet means the bettor has a profit. However, sports bets have no guarantees. If you lose a huge sum of money, you’ll have to start paying back your debts. Therefore, choosing the right betting platform is important.

Fortunately, there are several options available in the Singapore market. Some sportsbooks provide great value. You’ll find a variety of options, from Asian handicaps to eSports. There’s also a wide selection of deposit methods and payment options.

The site’s interface is easy to navigate. On top of that, they offer a solid promotions program. Also, they have a solid mobile app. In addition, the website is free to join and offers a good gaming experience.

They offer several features to increase your odds of winning, including free bets, live streaming, and mobile apps. Their sportsbook is well-stocked with a variety of sports and casino games, as well as promotions. For example, they have a refer a friend bonus. Alternatively, you can take advantage of their free bet of the week.

They also have an impressive number of contact methods. You can use their live chat, email support, phone support, and Skype. Lastly, they’re also one of the few sportsbooks that offer a free mobile app. Withdrawing a bet at this site is as easy as going to the website’s mobile app and filling out your details.

One of the most comprehensive and intuitive sports betting platforms in the Singapore market is Maxim88. The site has a simple design but offers competitive odds, a variety of sporting events and plenty of betting options. What’s more, the site has a referral bonus worth SGD 120. Additionally, the site is partnered with Maxbet, CMD368 and Bet Radar.

Another site to check out is SBOBet. They aren’t the largest in terms of market share, but they’re certainly not the smallest. Along with a free smartphone app, they have a strong sportsbook promotion program, multiple contact methods, and a decent range of betting options. But their best feature is their live stream. Unlike other sites, you can watch the action unfold in real time, which is definitely the best way to watch a sporting event.

Among the best new online sportsbooks for players in Singapore are Me88 and 12Play. Both sites are backed by Hong Leong Bank and Public Bank respectively, which helps with payment methods. ME88 offers a refer a friend bonus and a cashback deal. Lastly, 12Play has a variety of betting options, from fastpay2 to cryptocurrencies. This is the best eSports betting site in Singapore, in my opinion.