While the Singapore Pools offers the only legal and regulated way to bet on sports in the Lion City, the wealth of bookmakers accepting bettors in Singapore is second to none. Whether you're a football fanatic or crazy about cricket, online betting has loads to offer Singaporean sports fans.

A moneyline bet simply wagers that one team or player will defeat another. Bettors also wager on the moneyline when they bet on an individual athlete, like a tennis player, to win their match.

After placing your bet and the game begins, your bet is officially live. Once the game is underway, you'll have the option to cash out if your sportsbook offers it. This option will appear on the screen on your mobile device or computer if it's available.

Cash Out is a feature that gives you the opportunity to close out your active bet before the outcome is decided. This allows you to secure part of your winnings or cut your losses as the odds change in or against your favor.