Factors Influencing Sports Betting in Singapore 2024

Factors Influencing Sports Betting in Singapore 2024

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TGM StatBox. (2024). Factors Influencing Sports Betting in Singapore 2024. TGM StatBox.
Chart Details
Country: Singapore
Type of survey: CAWI
Number of respondents: 47
Age group: 18-55+
Published date: 2024
Note:

"Which of the following are reasons you would bet on sports?"

Key Takeaways

The motivations for sports betting among Singaporeans reveal a complex mix of financial and experiential factors, with financial gain being the primary driver as 47.0% of respondents cite wanting to win money as their main motivation. The thrill-seeking aspect follows closely behind, with 40.9% of participants indicating they are drawn to the excitement and experience of betting, while competitive elements attract 30.4% of bettors.

Explore related charts to gain a better understanding of rise of real-time sports betting in Singapore, changes in betting habits in Singapore, most popular betting activities in Singapore.

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