Leegalize gambling like football/4D not solve blackmarket problem actually help to promote.
B4 legalize football gambling how many % gamble football?
Now many still by under from bookie because
1. Pay out better 4D at least 20% higher for football average 5~10% higher
2. More convenient
If want to cut illegal out just up the payment par with bookie. Then that the end of illegal betting.
Those gamble big in football 99% will buy from bookie. Only small fish buy $10/$50 buy from Sgpool. Because bookie not accepting bet less than $100.
Gov talk cock said want to cut illegal. If want up the payment prize money
eg.
4D for small
1st $4k
2nd $3k
3rd $1k
haha.... u certaintly right. even bookie at turflcub refuse bet that payout $60 or more per bet. the bookis will tell the punter to bet at the STC counter. Spools cannot attract big time punter because they are so limited in their products. even hongkong jockey club has a water down version of the asian handicap for football bet wheras Spools only offer the 1.5 goal handicap. the only way Spools good was the high payout exotic bet which illegal bookies dont offer. but exotic bet are mainly bet with a tenner by those type of uncles that hang around Spools branches whole day.
as much as casinos are harmful, they also jump started the economy when lhl ran out of ideas to boast the economy. property price was at its lowest ard 04/05, but with the announcement of casinos, property prices had double, i cannot even pay for a 30yo 3rm flat now with what i paid for the 4rm in 2004. There are people who benefited due to the casinos but the social costs of it will be bear by all. As much as i had never step into the casinos, but they do have an impact on my life. ,more ppl in singapore, prices of all products goes up due to increase in demand etc etc....