Since their launch in 2017, S1BET has offered Singaporean punters a sportsbook and online casino betting platform that allows them to withdraw their earnings quickly. As an instant withdrawal online casino in Singapore, S1 BET (or S-One Bet) has endeared itself to millions of online sports betting and casino gambling enthusiasts in Singapore in particular and the whole of Asia in general.
This post explains why S1BET is one of the best Singaporean online casinos for making instant withdrawals in Singaporean dollars (SGD), as well as the popular payment methods among punters in Singapore.
Why Gamble With S1BET?
S1BET is one of the top sportsbook and online casinos in the Asia market. It is licensed by BMM Testlabs and is in partnership with renowned international online casinos and bookmakers, such as Dreamgaming Casino, M8Bet, iGKbet, CMD368, and others. These bookmakers provide top-ranking casino games, live casino products and sports betting on S1BET.
In addition to this, S1BET runs on 128-bit SSL encryption technology which is the gold standard for security and data safety in the industry. The S1BET customer support is vibrant and active; players can contact them via a 24/7 live chat feature. This popular Singaporean betting platform allows you to access a wide range of betting options, bonuses in the form of daily promos and rebates, and multiple banking options.
So if you are a sports betting or online casino gambling enthusiast in Singapore looking for a betting site to sign up with, you can check out S1BET today.
Benefits of Instant Withdrawals In Singapore
The importance of instant withdrawals cannot be overemphasised, and here is why:
- Quick access to cash: It is perhaps the most critical benefit of instant withdrawals. You have immediate access to liquidity. S1BET offers instant withdrawals within 5 to 20 minutes.
- Saves time: Instant withdrawals save you valuable time, especially if the money is needed for urgent purposes.
- Builds trust: Instant withdrawals can enhance the trust between punters and the online casino, which is why S1BET is one of the most trusted sportsbooks and internet casinos in Singapore.
- Helps with planning: Nothing beats cash-in-hand, as it allows you to plan properly. With instant withdrawals of your earnings, you can safely plan for tomorrow, knowing that the money is accessible whenever you need it.
- Cost-effective: Instant withdrawals are also cost-effective, and with S1BET, you will not incur excessive bank charges, commissions and fees on your earnings. However, depending on your local bank, you may be required to part with a small percentage of your payout through transaction charges when the money lands in your local bank account.
Payment Methods at S1BET
There are three main ways for Singaporeans to transact on S1BET. These payment options include:
ATM Cash Deposit
It is not an advisable payment option as it takes a lot of time and effort. You must go to an ATM to make cash deposits to your S1BET account via your main wallet. However, to complete the transaction, you will need to provide the transaction reference number when on the deposit payment page of S1BET. Alternatively, you can capture the cash deposit receipt and upload it to the payment page. It is not ideal for quick transactions, especially compared to the other two payment options.
Online Bank Transfer
S1BET offers players a chance to transfer their payouts to a local Singaporean bank of their choosing, like DBS Bank, POSB Bank, and many others. You can also deposit funds from your preferred bank account to your S1BET Main Wallet using the online bank transfer option.
E-wallets are widely regarded as the most popular banking option for Singaporean punters. The transactions in e-wallets are routed through a payment gateway. These payment gateways could be FastPay2 or iPay4u. These offer incredibly safe and quick transaction times for Singaporean players.
Once you have chosen your preferred payment gateway and a local bank, you will be directed to a secure payment page where you can make direct payments from your local bank to your preferred or main wallet on S1BET. You can also withdraw your payouts from your main S1BET casino wallet directly to your local bank account.
The security of this form of banking method is top-notch, as you will not be required to share private data. You can do transactions almost anonymously. In addition to being secure, the payment process, including deposits and withdrawals, is instantaneous.
Understanding S1BET Main and Product Wallet
S1BET offers two categories of casino wallets- a Main and a Products wallet. The S1BET Main Wallet shows the amount of money available for cash out. Deposits to your S1BET account are made from your main wallet, which can be used to transfer money to your Products Wallet. The Product Wallet can then be used to place bets on your favourite casino games or sport betting events whenever you want to.
Secure S1BET Wallet
S1BET runs on 128-bit SSL encryption technology which is the gold standard for security for online casinos and sportsbooks. SSL encryption technology ensures that your funds are safe and secure with S1BET. SSL encryption technology guarantees that any private data provided is secure and safe from cyber threats, including hackers, cybercriminals, and scammers. As you add funds to your account or move them from your main wallet to the products wallet, you are assured that your money is well-protected. Knowing this, you can engage in betting transactions without apprehension.
S1BET is a licensed, highly secure and trusted online casino and sportsbook with multiple banking options that you can choose from. An e-wallet is a preferred payment method for the instant withdrawal of gaming funds. You can seamlessly transfer the payouts in your S1BET Main Wallet to your local bank account in Singapore. Also, S1BET offers an instant withdrawal time of under 20 minutes which is one of the fastest in the online casino gambling and sports betting industry.