Singbet review

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arbusers
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Singbet review
« on: December 04, 2020, 02:01:47 PM »
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Singbet is one of the biggest, if not the biggest, betting outlets in the far East. This bookmaker can be accessed only via an agent or a broker.
Singbet has some unique characteristics, both positive and negative. Be sure to read this review until the last line, otherwise, you will miss significant points.

Let’s start with the positive characteristics.

- The widest variety of football leagues and events both pre-match and in-play, offering games and markets that can’t be found anywhere else.
- Extremely high odds with a margin of just 2% on top popular football leagues. Lower leagues also are covered with very competitive odds.
- Extremely high betting limits that can’t be found in other bookmakers.
- Very early odds, that give the tenor to other bookmakers.
- The best Asian handicap offer.
- Very competitive odds on difficult markets including corners, cards, penalties and outrights. Notice, outright bets might come with lower betting limits.
- Available to all major betting platforms, Mollybet, AsianOdds and their white labels.

Now let’s go to the negative characteristics

-Arbitrage players, traders, syndicates, professional and sharp players are not welcome. Singbet has been known to void bets after an event has been decided if they suspect that sharp action is proved to be smarter than their traders.
- Singbet voids bets with absolutely no notice. Players are left with the impression that their bets are standing while in reality their are already void.
- Unlicensed and unregulated, if that means anything to you.
- Singbet operates in what is called a ''shareholder business model'', which forces agents and brokers to take a betting position against their referred clients. This model pays-out lavish commissions and rewards to agents but in return, they have to filter their clients and keep only square action.
- No significant offer to other than football markets.

How should you handle Singbet?

As you already understood from the above, Singbet requires a very delicate approach. Every sharp bettor will be under Damocles’ sword. You can choose to use Singbet only on top football leagues and only when the odds offered emits no sign of sharp action. But in this case, maybe you should look to other bookmakers like Pinnacle. Many times, players find themselves in a position where they don't have any alternatives, but to place bets in Singbet due to their bigger limits. Personally, I wouldn’t take that risk, as I prefer to bet than gamble. That said, it is advised to de-activate Singbet from any platform and their white labels unless you are a square bettor, which I doubt you are. So what is left? The only credible way to bet on Singbet’s odds is by Skype’s ‘’No Void Guarantee’’ from BetInAsia, which we secured for our members. However, this should be used under very specific circumstances. Skype betting comes with significant delays, and it might take you 1-3 minutes in order to confirm a bet. The larger the bet is, the bigger margins added, and that means that only smaller than offered limits will take the creme of the odds.
You can have a look at the following in order to compare agents and decide which one suits you best:
https://arbusers.com/portal/compare-agents/
https://arbusers.com/index.php?topic=2267.0
And of course, you can have a look at this case, reporting a void bet from Singbet:
https://arbusers.com/index.php?topic=6677.0

I hope you found this review useful. Feel free to comment.
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Alfa1234
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Re: Singbet review
« Reply #1 on: December 04, 2020, 03:50:35 PM »
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The no void guarantee is great, but unfortunately it only applies to "same day" bets.  No Skype bets can be placed for early markets, not even next day games for big leagues.
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Initforthemoney82
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Re: Singbet review
« Reply #2 on: December 04, 2020, 11:36:57 PM »
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Singbet are a must have, they basicaly have all the soccer games in the world and the best prices, but be prepare to eventualy get some random bet void, my experience 1% of bets will be void
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legio
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legio

Re: Singbet review
« Reply #3 on: December 05, 2020, 08:31:47 AM »
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The BIA Skype betting is a bit of a joke and I say that after using a lot of Singbet brokers. You pass them the bet, they DO NOT STAKE IT, they pass it to someone else which in turn places for them and they report back to you  ::) Besides, how are they placing nowadays that B2 is offline?
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giannis89
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Re: Singbet review
« Reply #4 on: December 06, 2020, 12:05:58 AM »
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It's very easy to offer extremely high odds with a small margin and extremely high betting limits... What do you have to do?
Just void a percentage of the won bets to take back the amount of money you lose because you offer higher odds and limits.. By doing that, you also get most of the action in platforms such as Mollybet or Sportmarket Pro, since you (Singbet) offer the best odds. Even if the players don't want to use them when betting on popular leagues but only on small leagues that the rest of the bookies do not offer.
Seems a smart tactic by real thieves, if that's not fraud then what is it? In my opinion bookies shouldn't be offering those scammers at all since they are not licensed. Not sure why they do it, maybe just to say that they offer very high limits as brokers but then they let you decide if you want to get scammed  :-\
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Camma23
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Re: Singbet review
« Reply #5 on: December 06, 2020, 09:46:22 AM »
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The no void guarantee is great, but unfortunately it only applies to "same day" bets.  No Skype bets can be placed for early markets, not even next day games for big leagues.

I've exactly same problem. Till more or less 1 year ago was possibile to stake also early matches via skype, but then they refused to accept that risk anymore. At least my broker. It seems same also for BIA skype service. Anybody else know any left broker who accept also early bets (1 day before is also great) trough skype-no void guarantee?
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neopas
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Re: Singbet review
« Reply #6 on: December 31, 2020, 10:39:34 AM »
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The BIA Skype betting is a bit of a joke and I say that after using a lot of Singbet brokers. You pass them the bet, they DO NOT STAKE IT, they pass it to someone else which in turn places for them and they report back to you  ::) Besides, how are they placing nowadays that B2 is offline?

Why should you care where the bet is placed? For as long as I take the desired odds and there is no risk to my funds, then I really don't care who takes that risk. It could be an Asian bookmaker, BIA themselves, or the betting shop in their home town. Who cares.
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crowned
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crowned

Re: Singbet review
« Reply #7 on: January 11, 2021, 12:08:15 PM »
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Singbet is not what it used to be and over the years its importance is declining. It is not only the fact they void bets. Their main problem is they are no longer able to handle the sharp action that other sharp bookmakers no longer accept. I am not sure if the asian style of bookmaking is viable any more.
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kapetan1122
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Re: Singbet review
« Reply #8 on: January 11, 2021, 01:28:49 PM »
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Singbet is a joke,yesterday i made a bet of 100e on odds 2.01,just before that odds on pinni was 2.04 but when i wanted to place bet odds fell to 1.97 so i bet at singbet,of course my bet was winning one and voided 1h after game has finnished.
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giannis89
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giannis89

Re: Singbet review
« Reply #9 on: January 15, 2021, 12:00:51 AM »
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Quote
Singbet is a joke,yesterday i made a bet of 100e on odds 2.01,just before that odds on pinni was 2.04 but when i wanted to place bet odds fell to 1.97 so i bet at singbet,of course my bet was winning one and voided 1h after game has finnished.

Singbet is more than a joke! What happened to me yesterday is that my initial bet (O 1.5 late goal) was paid by them, and the second bet I placed literally after 1min to increase the stake on the same game (O 1.5 again) got voided. See the attached file showing what I mean. Be aware that this can also happen, it's unpredictable what they can think to steal you money, they can scam you for whatever unexplained reason and nobody can say anything.


* Voided bet.PNG (139.25 kB, 437x900 - viewed 199 times.)
« Last Edit: January 15, 2021, 02:28:28 AM by giannis89 » Logged
gamblehappier
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Re: Singbet review
« Reply #10 on: January 15, 2021, 02:15:08 AM »
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The void behavior was on of the main reason that i have never used them,even if they provide attractive odds.

Especially if you arb with big amounts this could be a big disaster.

My opinion is everyone to avoid this bookmaker,they are years famous for voiding bets without reason.
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neopas
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neopas

Re: Singbet review
« Reply #11 on: February 01, 2021, 06:15:30 PM »
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Quote
Singbet is a joke,yesterday i made a bet of 100e on odds 2.01,just before that odds on pinni was 2.04 but when i wanted to place bet odds fell to 1.97 so i bet at singbet,of course my bet was winning one and voided 1h after game has finnished.

Singbet is more than a joke! What happened to me yesterday is that my initial bet (O 1.5 late goal) was paid by them, and the second bet I placed literally after 1min to increase the stake on the same game (O 1.5 again) got voided. See the attached file showing what I mean. Be aware that this can also happen, it's unpredictable what they can think to steal you money, they can scam you for whatever unexplained reason and nobody can say anything.

What you say makes perfect sense. In reality singbet is trying to balance their P&L, without caring who voids what. They simply want every market to be profitable for them. I wouldn't be surprised if they void a bet for player A, while the same bet stands for player B.
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Goojybooboo
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Re: Singbet review
« Reply #12 on: February 13, 2021, 07:34:28 AM »
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Which bookmaker would you suggest to replace Singbet? I am looking for the best odds and the highest limits in B rated markets. I am afraid Singbet's risks are intolerable.
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Goojybooboo
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Re: Singbet review
« Reply #13 on: March 02, 2021, 04:22:44 PM »
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Which bookmaker would you suggest to replace Singbet? I am looking for the best odds and the highest limits in B rated markets. I am afraid Singbet's risks are intolerable.

I understand by everyone's silence there is no alternative to Singbet. Sad but true.
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apoel81
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apoel81

Re: Singbet review
« Reply #14 on: March 02, 2021, 06:16:55 PM »
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Which bookmaker would you suggest to replace Singbet? I am looking for the best odds and the highest limits in B rated markets. I am afraid Singbet's risks are intolerable.

I understand by everyone's silence there is no alternative to Singbet. Sad but true.

118bet if you have access
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