Singapore Pools Limited or simply Singapore Pools is a state-owned company that operates legal lotteries in Singapore. If you are looking for an opportunity to find ways to gamble in Singapore legally, this is the place to be. Understandably, things can get confusing and questionable. We’re here to address some frequently asked questions along with what Singapore Pools has in store not just for the locals, but for everyone else.
What is Singapore pools?
It was established back on May 23rd of 1968 as a response to illegal gambling in the country. Since then, it has provided its locals with an opportunity to still legally place bets on sports and different lotteries. It was mainly to combat illegal betting avenues that existed and were widespread at the time.
On May 1st of 2004, A statutory board of the Ministry of Finance named the Tote Board took ownership of the company. This allowed Singapore Pools to operate without any issues in terms of legality. Additionally, the Ministry of Home Affairs also granted Singapore Pools an exemption under the Remote Gambling Act 2014 which prohibits any forms of online or remote gambling. The permission was approved on September 29th of 2016.
This allowed Singapore Pool to offer gambling for 4D, TOTO lotteries, football, and motor racing on the web or over the telephone.
Part of what makes gambling popular, and still relevant to this day, is sports. Sports have been one of the oldest forms of entertainment that dates back when before the first Olympics were even founded. One can simply assume that betting on sports has also seen the light of day around the same time.
Singapore Pools offer several sports selections for its customers. Perhaps the most widely popular among the bunch is horse racing. While horse racing isn’t entirely the most popular sport in the country, it is, apparently, the most common sport that many locals wager on.
Speaking of horse racing, you’d be surprised by the number of betting options that you can choose here. If you didn’t know, horse racing is probably one of the most popular sports in Singapore, perhaps next to football. A lot of locals are always tuned in the many horse race results just as much as the lottery or Singapore Pools TOTO results.
SGpools’ 4D lotto allows for an easy and exciting lottery for many lotto fans. To play the lottery game, a player only needs to wager on 4 digits, hence the name. The number to pick is from 0000 to 9999 and whenever a number gets a match, a prize is won.
Singapore Pools TOTO allows for a much higher complexity but prizes are far more rewarding. A player simply needs to choose six numbers from 1 to 49. During the draw, 6 numbers plus an additional number are called. If there are at least three or more winning numbers on the player’s ticket, a prize is won.
How can I apply for Singapore Pools?
To register or create an account with Singapore Pool, there are some qualifications you need to meet. First of all, is you need to be a local with your Singaporean residential address with a local number. Like in every governing law for gambling, you must also be at a legal age to proceed. You need to be at least 21 years of age to sign up.
Luckily, if you are not a Singaporean citizen, foreigners can still register as long as they are residing in Singapore and they can provide a valid Singapore Foreign Identification Number or FIN for short.
If these criteria were met, you just need to visit the Singapore Pool website and complete the sign-up form. Once your online registration is complete, you need to visit any nearby Singapore Pools branch along with your National Registration Identity Card (NRIC) or FIN for verification. Additional verifications will be conducted by the National Council on Problem Gambling.
You can check the status of your registration by simply logging into your account.
How do I withdraw money from Singapore Pools?
Withdrawal of funds from your Singapore Pools Account is done at any branch. However, you need to submit a withdrawal request before paying a visit. There are two ways to process and submit such a request: online and over the phone.
For online requests, you just simply need to login to your account and select “Withdrawals” on the left navigation. Complete the form with your desired withdrawal amount, confirm your password, and click “Submit”. Doing it by phone, you just need to call 6786 6688 and press 1 for “Personal Account Matters”. Once you are logged in, press 1 again for your account balance, and following the voice prompts allow you to enter a withdrawal amount.
While there is an active withdrawal request, the amount subject for withdrawal will not be available for use (betting). You may wish to cancel the request if you need to. Each withdrawal request is only valid for 48 hours from the time it was initiated and funds need to be collected within this timeframe or it will expire. Otherwise, you’ll need to make a new request.
Any withdrawal amount of up to $5,000 shall be cashed out at any Singapore Pools branch. Anything above that shall be cashed out at the Singapore Pools Main Branch.
How can I get a Singapore Pools top-up card?
Top-Up Card’s are available for purchase at all Singapore Pools branches. There are also selected retailers where you can make the purchase. The cards are available in $50, $100, and $200 denominations. There are two ways to use the card: online and phone.
How do you bet on sports pools in Singapore?
Placing your bets on sports is easy. The minimum stake is $1 and you can start placing your bets before the match or start of the event up until sales are closed. Betting during an ongoing sport is also available.
Once you are logged in, select “Upcoming Events” or any events and bet types of your liking at the “Sports” homepage. Line up your bets in your slip by choosing the relevant Odds button. On your bet slip, enter your stake and check your potential payout before placing your actual bet. Place bets on singles under individual selections and multiple under multiple selections.
Don’t forget to review your bet slip before confirming and selecting “Place Bet”.
Is there a lottery in Singapore?
Yes. Singapore Pools offer 4D bets, TOTO bets, and Singapore Sweep lotteries. Bets can be made online, by the phone, and at an outlet. The only exception being the Singapore Sweep as it can only be made at an outlet.
Singapore pools have been the main legal source for all things gambling whether it’d be sports betting or lottery. The Singaporean government takes gambling matters very seriously all while keeping the betting experience satisfying and enjoyable for both tourists and its locals.
Customers can play with ease of mind that they are protected from the gambling laws that do not permit any other gambling websites. Sgpool is driven to deliver a balance between world-class experience and consumer welfare.
Sgpool can offer a handful number of sports betting favorites for the Singapore market and its foreign customers. The lottery is, in fact, one of the most popular betting activities you can witness with us. There millions upon millions of active bets for Keno and 4D Singapore Pools lotteries every day.
These lotteries help the country’s economy as a whole and it’s also one of the driving forces that keeps Singapore Pools from continuously giving such form of entertainment to the masses.
How can I buy lotto in Singapore?
Singapore Sweep is available at all Singapore Pools vendors and outlets nationwide, mainly in the North, Central, South, East, and West.
How does Toto Singapore work?
Playing TOTO is easy and it only costs $1 GST included. Pick at least 6 numbers between 1 and 49. Six winning numbers will be drawn along with one additional number every Monday and Thursday at 6:30 PM. Hitting at least 3 winning numbers can get you a prize!
Is Singapore Toto tax-free?
Yes. The TOTO lottery is for a minimum cost of $1 and that includes GST.
How do you know if you win Toto?
If your bets got at least 3 winning numbers you win a prize. A draw is made every Monday and Thursday at 6:30 PM.
Where do I claim the Toto jackpot prize?
It depends on the number of jackpot prizes you have won. If the amount is $5,000 and below, there is a designated outlet where you claim it. Click here to check. For any amount above $5,000, you need to visit the Singapore Pools Main Branch, available Mondays to Fridays, 8 AM – 4:30 PM excluding Public Holidays.
The winning ticket and an original document (NRIC or Passport for foreigners) must be presented.
Is Toto winning taxable in Singapore?
No. Any winnings from betting such as Singapore Toto is tax-free.