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As a person living in Singapore, it is natural that you would hope to wager on sports in your native currency so as to avoid currency exchange fees when moving funds to and from your sportsbook account. Currency exchange fees generally cost 3% to 5% of the balance being transferred. Unfortunately, people generally do not see this fee or loss because it is hidden in the exchange rate.
This is how it is hidden: Whichever company makes the exchange, this could be the
e-
When you choose a sportsbook that offers betting accounts in the Singapore Dollar,
you eliminate the need for currency exchange and you will save this 3% to 5% loss
every time you make a transaction -
How the List Was Constructed
Sports betting fans in Singapore deserve to know the best companies in the world
with which they should trust their hard-
Simply put, if a sportsbook company offers your native currency for betting, they value you as an exceptional customer. One of the main ways that sportsbooks make money is through the currency exchange process described above. When they offer account balances in your currency, Singapore Dollars, they are forgoing the currency exchange aspect of their business model because they value you as a customer that wants to wager with them. Due to banking restrictions you will likely need an intermediary banking solution like Skrill or Neteller that exist offshore and add a level of anonymity to your transactions.
Singapore Dollar Online Betting