Why SGpools odds so jialat ah?

littlegrasshopper

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Comparing Tab (official betting site for Oz) vs SGpools odds

https://www.tab.com.au/sports/betting/Soccer/competitions/2022 World Cup Matcheshttps://online.singaporepools.com/en/sports/region/21/football/world
Poland Vs Saudi Arabia

Tab
1.72((Home)--3.8(D)--4.75(Away)
vs
SGPools
1.7(H) -- 3.5(D) -- 4(A)

Calculating the house edge
For Tab
1/1.72 + 1/3.8 + 1/4.75 = 1.05508 (Above 1.0 means house have edge)
vs
SgPools
1/1.7 + 1/3.5 + 1/4 = 1.12395 (12% edge. More than double that of Tab's)

Taking another example....

Japan Vs Costa Rica

Tab
1.45(H) --4.5(D) -- 8(A)
SgPools
1.4 (H) -- 4.1(D) -- 6?!(A)

Again, calculating house edge
Tab
1/1.45+1/4.5+1/8 = 1.0368
SgPools
1/1.4 + 1/4.1 + 1/6 = 1.124 (Again, 12% edge)

Sinkies are damn good to fleece. SGpools can just easily accept all the bets and edge it off some other reputable betting sites. Instant free money and no risk. And even in the event that it can't hedges off, 12% house edge is huge payoff in the long run.

Thank you for your contributing to nation building, kumgong Sinkies.
 

littlegrasshopper

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Bao jiak business gahment take and monopolise it. Then blame sinkies for not being entrepreneurs. End up sinkies can only venture to be hawkers and restaurant openers. Oh, and delivery drivers too.
 

RedOrion

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They humji, must preserve their profit margin.
Their status as the only "legal betting operator" just reinforces their objective at profit at all costs. :s13:
 

batman_888

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they the only legal sport betting here. unless another legal operator emerged, then odd will be better
 

RedOrion

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they the only legal sport betting here. unless another legal operator emerged, then odd will be better

bo bao....end up same master...all the odds the same.
Same like what happens to telcos, ISP, electricity providers, vehicular petrol brands...price disparity very minor.
No surprise for the hate of overseas products/brands available which are more competitive but policies here make it difficult for outsiders to come in to provide to consumers "choices".
 

kenpachi82

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If you monopolise something will you charge high rates?
No brainer.
 

RedOrion

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where you all buy since sg pool odd so jialat

still sg pool for the ease straightforward...coz is a LLST situation,
unless overseas cater to sinkies really good (which never be) and make it easy and safe to transact.
Or you just big roller, able to cruise beyond the shores.
 

DragonBlack

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Comparing Tab (official betting site for Oz) vs SGpools odds

https://www.tab.com.au/sports/betting/Soccer/competitions/2022 World Cup Matcheshttps://online.singaporepools.com/en/sports/region/21/football/world
Poland Vs Saudi Arabia

Tab
1.72((Home)--3.8(D)--4.75(Away)
vs
SGPools
1.7(H) -- 3.5(D) -- 4(A)

Calculating the house edge
For Tab
1/1.72 + 1/3.8 + 1/4.75 = 1.05508 (Above 1.0 means house have edge)
vs
SgPools
1/1.7 + 1/3.5 + 1/4 = 1.12395 (12% edge. More than double that of Tab's)

Taking another example....

Japan Vs Costa Rica

Tab
1.45(H) --4.5(D) -- 8(A)
SgPools
1.4 (H) -- 4.1(D) -- 6?!(A)

Again, calculating house edge
Tab
1/1.45+1/4.5+1/8 = 1.0368
SgPools
1/1.4 + 1/4.1 + 1/6 = 1.124 (Again, 12% edge)

Sinkies are damn good to fleece. SGpools can just easily accept all the bets and edge it off some other reputable betting sites. Instant free money and no risk. And even in the event that it can't hedges off, 12% house edge is huge payoff in the long run.

Thank you for your contributing to nation building, kumgong Sinkies.

Spools have the highest or one of the highest house margins in the world up to 12% for normal bets, except Asian handicap at slightly lower. This is to ensure Community Chest to thank you max for your kind donation.
 

pricky

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Cos they take ur money and probably go out there to bet. They earn the difference and no risk on their end
 

pwongkk

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Some entrepreneurs should give sg pools a run for their money. Gambling or betting in international waters is out of the gov's reach, like casino in cruise ships.

Organise one onboard by selling daily cruise packages. Sure make $$$.
 
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