The humour lies in Singaporeans being crazy about betting. To understand the clip you should know that the Singapore government has allowed families to ban known gambling addicts in their families from the casinos and it’s called the exclusion order. Singapore has long resisted setting up casinos in Singapore, but has relented due to the compelling reason of boosting the economy. Even without the casinos, Singaporeans bet quite a bit on football matches, especially the English Premier League although they may not know much about soccer and this clips spoofs that trend amongst other things related to gambling in Singapore. The actor Suhaimi, who acts as reporter Jojo Joget, is so darn funny.