The Singapore lottery is offered by Singapore Pools. It is a legal betting venue that also offers football and motor racing. Its 4D lottery is very popular in Singapore, where it offers a small bet that allows players to win a jackpot prize.
In the last financial year, Singaporeans wagered SGD9.2 billion on lotteries and sports. This was a significant 40% increase over the previous year.
The Tote Board, which governs lottery operator Singapore Pools, has said that bets on lotteries are on the rise. A spokesman said the figure was largely due to the easing of COVID-19 restrictions, which had previously regulated betting in the country.
According to a survey carried out by the National Council on Problem Gambling (NCPG), 44% of Singaporeans have engaged in gambling activities at some point in their lifetime. The spokesman said the government has taken steps to address this issue and is currently monitoring its needs.
Singaporeans have also shown an increased willingness to gamble online. Bet888 is a Singapore-based online gambling company that offers instant transactions and fast customer support.
Singapore is a member of the Global Lottery Monitoring System, which provides conservative standards for its members. ICE Clear Singapore, a clearing partner, has been established to monitor the creditworthiness of its clearing members.
Singapore’s 4D slip starts at $1, and players can make a bet on permutations ranging from 0000-9999. Customers can also use the QuickPick option, which lets them choose a random number between 000000 and 9999.