Betting on the English Premier League (EPL) in Singapore has grown in popularity, with many fans looking to add excitement to their viewing experience by placing bets on matches. Understanding the EPL betting landscape in Singapore requires familiarizing oneself with the legal framework, as well as the various betting options and strategies involved.
Best Singapore Sports Betting Site: Sanadoclub
Some popular EPL betting options include:
- Betting on which team will win a match
- Betting on the total number of goals scored (over/under)
- Betting on the first goalscorer
- Betting on the correct score
EPL betting has become hugely popular in Singapore and around the world due to the league’s massive global following. With exciting matches happening every week from August to May, there are always plenty of EPL betting opportunities.
Popular Types of EPL Bets
The English Premier League (EPL) is not only one of the most watched football leagues in the world but also a major focus for sports betting enthusiasts. In the realm of EPL betting, several popular bet types stand out, each offering unique opportunities and challenges.
Match Betting is the most straightforward type of wager, where bettors simply predict the outcome of a match, home win, away win or draw. The simplicity of match betting makes it an ideal starting point for beginners.
Over/Under Goals bets, another prevalent form, involve betting on whether the total number of goals scored in a match will be over or under a specified figure. This type of bet doesn’t require picking a winner, which can be appealing when the outcome of a match is uncertain.
Accumulators are bets that combine multiple selections into one wager, offering the chance for higher payouts due to the compounded odds. However, all selections must win for the accumulator to pay out, which introduces a higher risk factor.
Asian Handicap betting is a more complex form that adjusts the perceived strength of teams by setting a goal handicap. It reduces the number of possible outcomes from three to two by eliminating the draw option, which can provide better value odds.
Each of these bet types requires different strategies and levels of understanding of the game. Bettors should consider factors such as team performance, historical trends, and player availability before placing their bets. By doing so, they can engage with EPL betting in a more informed and potentially rewarding manner.
Here are some of the most common types of bets that can be placed on EPL matches:
Moneyline
This is a straight-up bet on which team will win a match. The favored team will have negative odds (e.g. -150) while the underdog will have positive odds (e.g. +200).
Over/Under
You bet whether the total number of goals scored will be over or under a set line (e.g. 2.5 goals).
Correct Score
You predict the exact final score of the match.
First Goalscorer
You bet on which player will score the first goal of the game.
Both Teams to Score
You bet on whether both teams will manage to find the back of the net.
Understanding Betting Odds in EPL Matches
Betting odds indicate how likely an outcome is to happen and the potential winnings. They also represent the bookmaker’s margin.
Odds can be displayed as:
- Fractions e.g. 5/2
- Decimals e.g. 2.50
- Moneyline e.g. +150
Lower odds like 1.30 indicate a very probable outcome and lower potential returns. Higher odds like 10.00 indicate an unlikely outcome but a big possible return.
To calculate potential winnings, multiply the odds by your wager amount. For example, if you bet $50 on odds of 3.00, your potential winnings are $50 x 3.00 = $150.
It’s crucial to find a good betting site that offers competitive odds to maximize your winnings over time.
Steps to Start EPL Betting in Singapore
Identifying a Legal and Reputable Betting Site
The first step is finding a licensed and regulated betting site to place your EPL bets safely and legally.
In Singapore, only two operators are legally approved – Singapore Pools and Singapore Turf Club. Both offer online betting on major football leagues.
Alternatively, you can bet with reputable international bookmakers that operate legally in other jurisdictions and accept Singaporean customers.
Check for licensing logos, secure payment methods, responsive customer support and competitive EPL betting odds.
Creating an Account and Depositing Funds
Once you’ve found a suitable betting site, create an account by providing some personal details like name, date of birth, and address.
You’ll need to verify your account through email and phone confirmation before depositing funds.
Most sites accept deposits through credit cards, e-wallets like Skrill, and bank transfers. Minimum deposits are usually around $10.
Bonuses are often given on first deposits to increase your bankroll. Be sure to understand any wagering requirements before accepting a bonus.
Researching and Placing Your First Bet
Before placing a bet, research upcoming EPL matches, team lineups, player injuries and past head-to-head stats using expert prediction sites.
Once ready, add selections to your bet slip, enter your wager amount and confirm your bet. Start small while learning the ropes.
Some sites stream matches live so you can even bet in-play on events like next goalscorer or correct score as the game unfolds.
With experience, you’ll get better at predicting outcomes and managing your bankroll effectively.
Strategies for Successful EPL Betting
Analyzing Teams and Players
Consistently successful EPL betting requires an in-depth analysis of team strengths and weaknesses, playing styles, key players and past results.
Study form – are teams on winning or losing streaks? How do they perform home vs away?
Evaluate key matchups – does a porous defense come up against a potent attack? Do certain players dominate past encounters?
Any major injuries or suspensions that change a team’s usual lineup or tactics?
Use stats but also watch games yourself to gauge team morale, momentum and motivation.
Managing Your Betting Bankroll
Proper bankroll management is vital for long term profitability from EPL betting. Important tips include:
- Set a betting budget and stick to it
- Only bet 2-5% of your bankroll per wager
- Don’t chase losses by betting bigger to recover
- Secure some profits by cashing out winning bets early
- Take regular breaks if on a bad losing run
By betting smart amounts, you can withstand normal swings and avoid going broke during inevitable losing stretches.
Avoiding Common Betting Mistakes
Some pitfalls to avoid as an EPL betting novice:
- Betting under the influence of alcohol or when emotionally charged
- Blindly backing your favorite teams out of bias
- Chasing improbable accumulator bets for a big score
- Placing rushed in-play bets without thinking
- Failing to shop around for the best odds
Being disciplined, objective and selective with your EPL bets will make you much more successful in the long run.
Conclusion
EPL betting can be great fun and offers exciting wins when done responsibly. But it requires knowledge, discipline, and perseverance.
Take time to learn the fundamentals, analyze matches in-depth, manage your bankroll smartly, and avoid common mistakes.
Start with small bets and conservative strategies, then refine your approach over time. Successful EPL betting is a marathon, not a sprint – stay patient and keep perspective.
With the right effort and mentality, EPL betting can become a profitable side hobby rather than just a reckless gamble.
So in summary:
- Understand the basic EPL betting options and odds
- Find a licensed, reputable betting site
- Analyze teams, players and matches thoroughly
- Manage your bankroll and bet responsibly
- Learn from your mistakes and keep improving
Applying these tips and betting on the exciting English Premier League can be financially and emotionally rewarding over time.