Lottery Singapore is a lottery operator under government authorization. It offers a wide variety of general sports betting as well as highly popular lottery games to the public. The lottery portfolio includes 4-D, Toto and Singapore Sweep, while sports betting refers to football and motor racing bets.
Summary
The Singapore lottery has been in operation since 1968 and has been a popular form of gambling for locals ever since. It’s operated by the state-owned lottery company, Singapore Pools.
Despite the long-standing puzzle that has been posed by lottery winners’ happiness equations, a recent study found that people who win on lottery games are not more satisfied with their lives than non-winners. In fact, the coefficient of lottery-winnings in happiness and life satisfaction equations is statistically insignificant, indicating that the results may not be true at all.
However, the recent easing of Covid-19 curbs has led to a surge in the amount of money bet on 4-D, Toto and sports such as football and motor racing. A spokesman for the Tote Board said that sums bet on these three games increased dramatically in the financial year ended March 2022.