Australia and gambling go hand in hand, and sports betting is no exception.
Australian gamblers can bet on sports both at locally-regulated bookmakers and online with any one of the top bookmaking websites around. Whether you want to make a sports bet on the National Rugby League, Melbourne Cup, or any big sporting event somewhere else in the world, there are numerous Internet betting options available to Aussies.
Gambling is a huge part of Oz culture, with Australians easily among the keenest gamblers in the world. While sports betting is not the most popular form of wagering in the country, it is a popular pastime. Over the past decade, the revenue generated by Australian sports betting has more than tripled, so that should tell you something.
For September 2016, our top rated Aussie sports betting site is 888 Sport.
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Sports betting is entirely legit in Australia, providing the bookmaker offering bets is licensed to do so. Given the popularity of betting on sports in Oz, you won't be surprised that betting shops can be found throughout the country, operated by TAB (Tabcorp Holdings) and other companies.
Since 2001, Internet gambling in Oz has been regulated under the Interactive Gambling Act. While that law heavily restricted what legit Aussie sports bet companies could offer to gamblers, it did nothing to restrict the rights of Australian punters to do their sports betting online legally.
In fact, sports betting was specifically singled out as being less restricted than other forms of web-based gambling (such as casino games and poker), with regulated bookmakers being allowed to offer betting on the net to their AU customers. Recently, regulations have been further relaxed to allow licensed betting operators to offer some types of live and in-play betting on their websites too.
As previously stated, legal gaming enthusiasts in Oz have many options – both web and offline – for placing sports bets in Australia. When it comes to brick and mortar establishments, TAB betting shops are the way to go, allowing punters to place a bet in person or (in many cases) over the phone.
When it comes to legit online betting, Australians have even more options at their disposal. Not only do many licensed sportsbooks allow Australians to place bets at their rooms, but many foreign bookmakers also allow Australians to join and make wagers with them online. In fact, Aussies interested in betting on the web can sign up with many of the world's top established online bookmakers, including several of our most recommended sites.
There's also plenty of options for Australian gamblers to find casino sites around the clock where they can play online pokies. Playing a few slots games to pass the while between races or matches can often result in some great winnings!
Many sports have become popular - and therefore popular for sports bets - in Australia, led primarily at the professional level by the various forms of football. Aussie Rules Football is particularly popular as a spectator sport - as well as for online betting - with the Australian Football League having fans throughout the country, and a more limited following around the world. The National Rugby League is popular too, as are other rugby competitions.
Football (soccer) is also a sport where interest has grown tremendously over the past two decades, with the A-League and the national team – known as the Socceroos – having strong followings and attracting a ton of sports betting action. Betting the World Cup has become very popular amongst Aussies all around the country.
Cricket is obviously hugely popular, with the Ashes against England providing plenty of chances to make bets, while Australia's National Basketball League has a small but loyal following too.
Individual sports, like tennis, take up a huge chunk of betting action for Aussies too. The annual Australian Open in Melbourne attracts a worldwide audience, and betting action to match. Many online betting sites allow you to bet ‘in-play' during a tennis match, and even watch the action live on-screen!
Even American sports are catching on Down Under, as we've seen an increase in bets on Major League Baseball and American football. Both college and pro football are now commonly bet on by Aussies, especially big games like the NCAA National Championship or the Super Bowl.
Australia and gambling are a rather familiar combination, and sports betting is no exception. There are numerous betting sites available for the public in Australia, which cover some of the popular spots in the region, such as; Rugby league, AFL and NRL. Despite sports betting in Australia being quiet in the past, recently it has generated a huge amount of revenue and is constantly on the up. If you're new to the online betting world, the following list will answer some of the typical questions that you may have.
The process of sports betting is quite simple, and is more or less the same on any site you'll access form Australia. You'll see every sport that you can bet on listed on the site's toolbar, and each sport will have its own dedicated page. When it comes to placing a bet, the site will usually show you the returns on your bet, so you can better judge the option you select. If you are lucky enough to win, your winnings will be added to your account as soon as the match or game is over. It's up to your whether you use the money for more bets or to withdraw, either way, most sites make the process very easy.
If you're new to the sports betting world, then at first glance it can be really intimidating looking at the different types of bets available, e.g. point spreads, handicaps and accumulators. Sticking to the basic bets and understanding those is the best thing for new players to accomplish.
A basic bet is simply picking a team to win an Aussie Rules Football game. If you are unaware of the best teams or the current form of teams in that sport, then doing research on that sport is definitely a must. Without doing research on the sport you are betting on, you are essentially just gambling like you would on Blackjack or Roulette. With sports betting there is definitely a lot more knowledge behind the game and a bigger chance for customers to win if they do plenty of research before placing a bet.
There are no specific rules set for each player, obviously some things you won't be able to which will not be processed by the sites. However, the only restrictions that are set are by yourself e.g. deposit limits and self-exclusion settings.
Like every other country, there are specific sports that are much more popular than others, and Australia is the exact same. Aussie Rules Football is probably the most popular spectator sport in Australia, as well as the Australian Football League. Although these sports have a limited following around the world, they are very popular in Australia and there is a huge market for them in regards to online betting sites.
Other popular sports to bet on include Football (soccer), with the A-League, national team and other football from around the world. Similar to America, football has grown tremendously in the past two decades in Australia and will continue to grow. Also, Cricket is very popular in Australia, especially around the time of the Ashes against England and Tennis takes up a large amount of betting action during the Australian Open in Melbourne. There is definitely a wide variety of popular sports to bet on in Australia, amongst others from around the world.
Each online betting site has a sign-up bonus for new customers and finding the most suitable one for you is vital when you are new to the online sports betting world. The best thing to do is to research a number of sites that are available in the Australian market and try to go for the most suitable one to help boost your bankroll.
Sports betting differs from online casino games in that you can use skill to study a team's form and make a more educated bet. It is also more interesting to be able to follow the teams and sports you have a stake in. While a bet is still a bet, and nothing is certain in gambling, you can at least see an increased likelihood of winning by following a team's fortunes, and misfortunes.
It's also a good idea to have a strategy for your bankroll. You can build on your initial deposit with steady bets for small amounts, say on the big favourites, which gives you a far better chance of winning, if not by much. You can always go for the big wins, a lot of people do, and if you're lucky you can get a huge boost to your bankroll very quickly. However, betting smarter and consistently will improve your experience long term.
The typical house edge in sports betting is around 3.5%. However, in sports betting, the house is essentially the other sports bettors and the bookmaker acts as a broker between players betting on either side.
For newcomers, the best thing to do is take it slowly and build yourself a bankroll over time, rather than going for an all out to win approach. A good way to bet is by only risking 5% at a time of your bankroll and placing those bets on odds that are favourable to you, this way you will limit the variance and slowly build a nice profit. Additionally, with this technique you will be able to cope with a streak of losing as opposed to chasing your losses with a big bet and inevitably losing your bankroll. It might not seem like you are making much money at the time, but once you've built a nice bankroll you can start to place some bigger bets and go for a larger win.
With sports betting, the odds only differ depending on the players/teams in the competition. For example, in Aussie Rules Football, if the best team in the league were playing an average side, they are always going to be odds on to win. However, if the best team in the league were playing the second best team in the league, they might still be favourites but the odds might be closer or the second best team in the league might be the favourites depending on their current form/results.
In sports such as Golf or Tennis, the players who are ranked the highest in the world rankings are usually always going to be favourites against players who are below them in the rankings. Therefore, the odds compare in sport to sport by the current rankings of players, the current form they are in and the format of the specific competition.
With numerous sites running in the Australian market, customers are able to research the best ones for them, to give them the best possible gambling experience. Withdrawing your winnings is a vital part of what makes a site attractive to customers. The sites listed below will give you a clear view on their withdrawal process times and what best suits you.
Bet 365 have a wide variety of withdrawal methods with different process times. The following list is some of the withdrawal options available and how long it takes for money to be withdrawn into your bank.
Titan Bet is another popular website to use in Australia and also has a wide variety of withdrawal methods for customers to use. All of their withdrawals tend to take up to 48 hours to process unless any further security verifications are needed. After that withdrawals should reach players bank accounts within 3-5 business days, which is one of the most efficient processes in the Australian sports betting market.
Have used 888 for years... First started on 888 playing casino games. When I wanted to try betting some games it was very easy on 888. I could use the same account so I didn't have to make another deposit. I've never had a problem in the years I've been on the site.
All legitimate, real-money online sports books like 888 Sport have strict anti-fraud screens, and that may create a short cashout delay.