The sports betting market in Australia is constantly growing and according to recent statistics, more than 80% of Australians engage in some kind of gambling form. This has led to an increase in online bookmakers who started servicing Australian customers during the last ten years.
The government has to protect Australian bookmakers, but they are regulated by State and Territory authority figures. After reading this article, you will know what to look from when searching for a bookmaker who accepts customers from Australia, regardless whether it’s located in the country or offshore, and how to make a deposit safely. We from TopBettingSite.co.uk prepare this page with a lot of useful info, please check the list below.
Australia Online Bookies
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The increase in popularity of sports betting has led to Australian bookmakers competing against international ones in order to win over as many Australian punters as possible.
The Australian brands focus on sports which are popular in the country like Aussie Rules Football, Basketball, Cricket, and Rugby. The offshore bookies have a wider range of options such as major sporting events, soccer, MLB, NFL, NBA, and NHL.
Punters have many betting options to choose from and they can be used on international sports as well as on the ones that are popular in the country. Single Betting, or also known as a moneyline bet, can be found on almost every sport that is being offered by the Australian bookmakers.
Margin Betting means that you can bet on the victory margin of a specific game and can be found on Rugby Union, AFL, Baseball, and NRL. The main difference between Margin Betting and point spread betting is that the points in the first one are static and there is an attached moneyline that depends on the action.
Usually, Margin Betts in AFL are 1-to-39 points, 40+ points, and Draw, meanwhile Rugby has 1-to-12, 13+ and Draw. The margins in Basketball are 1-to-10 and 11+. You can also bet on parlays (or multibets) and prop bets (Exotics) at almost every Australian sports betting site.
Unfortunately, In-Play betting is unavailable at Australian bookies because of legal restrictions. But you can try their live streaming services.
The sports sites based in Australia offer many promotions not only for newcomers, but also for existing customers, and also encourage the participation in the Casinos.
Legitimate Australian Gambling Sites
There are so many betting options that Australian punters can use, so it’s important to do some research before depositing for the first time.
The domestic betting industry is being limited due to federal legislation, but State and Territory organizations legislate and regulate Australian Bookmakers, for example, the Northern Territory’s Licensing Commission or Queensland’s Office of Liquor and Gaming Regulation. You will usually find license information on the bookie’s webpage.
If you decide to go for an offshore bookmaker, there are many gambling operations with a solid reputation that you can choose from. They are regulated by organizations from the countries they are based in. A license doesn’t guarantee that a sports betting company is completely safe and secure, but the lack of one should be a reason for concern and we recommend that you avoid those bookmakers at all costs.
Even though there are many reputable bookies in Australia, it’s a good idea to pick one that has been running for at least five years. Establishing a name in this business takes quite a while and those who use unethical tactics don’t last long.
You should also research their gambling policies and customer support because it’s always important to have a good support team that is ready to answer your questions whenever you have any.
Finally, when a bookmaker offers many promotions, you know that they have the recourses to do that and you can trust them with your money. That includes both opening bonuses and constantly running promotional offers.
Depositing and WithdrawingThere are many deposit options available at Aussie gambling sites. The most widely-spread is the credit card and many Australian bookies accept MasterCard, Visa, and many other types of debit cards.
You can also use PayPal or bank transfers, but the second option may take around 48 hours to process the payment.
If you want to withdraw you winnings, there are also plenty options that you can use. When you use an Australian gambling website, you have to verify your identity before completing a withdrawal to PayPal, your bank account or credit card. This also depends on the deposit method that you used in the first place. Here is a quick overview of the most popular deposit and withdrawal methods in Australia:
These two processes are fairly easy to do and you have a couple of options. Our recommended gambling websites support all of them, so you don’t have to worry if you choose one of them.
- Credit cards and debit cards – This is probably the most popular deposit method because you can transfer the money instantly. The withdrawal with your credit card happens on the next business day. Unfortunately, it’s highly unlikely that you could withdraw the money to your debit card, but you can use an alternative method such as requesting the winnings to be paid to your account via a bank transfer. If you decide to go with this option, don’t forget to give them the correct account number and BSB.
- Bank/Wire Transfers – When you make a deposit with this method, it’s usually available in your account on the next day. Withdrawals take longer and the waiting time can reach up to three business days.
- Using an E-Wallet – E-Wallets have grown in popularity in recent years and brands like Skrill, PayPal, and Neteller have established themselves on the market. The positive with this method is that deposits are instant, just like when you use a credit or debit card. Withdrawing your winnings can take up to two working days before they appear in your account.
- POLi – This is an Australian payment company that also lets you make bank deposits.
- BPAY – When using BPAY the average waiting time for a deposit is from 24 to 48 hours. However, only Australians are eligible to use this payment method. You won’t be able to make withdrawals with them at most sports betting sites.
These are the most popular payment methods that are being used in Australia and the bookmakers we listed above support them. If you have any trouble with making deposits or withdrawals, use the live chat, and if your bookie doesn’t have one, email and phone support also can be helpful.
The recent boom of sports betting in Australia means that if you want to enjoy your betting experience, choosing the right bookmaker is the most important step.
Opening a New Account
Many punters have accounts at many sports betting websites in order to compare odds and find the best ones. We recommend creating an account at the top bookmakers who accept Australian customers that we listed above. That way you can also claim many different opening bonuses and make full use of their promotions. The registration is a quick process and won’t take you more than five minutes. You will have to enter basic information about yourself such as your name, phone number, address, username, and password.
After all of this is done, you can top up your newly created account by making a deposit. If you are using one of our recommended bookmakers, the financial information that you provide is protected by high-security encryption systems. Then you can use the information that we gave you above to make a deposit using one of the accepted methods.
Betting Markets at Australian Bookmakers
There are many sports and markets that are being offered by websites who accept Australian customers, so here are the most popular ones:
American Football, Aussie Rules, Baseball, Basketball, Cricket, Soccer, Rugby League, Rugby Union, Tennis, Volleyball, Athletics, Bowls, Boxing, Cycling, Golf, Ice Hockey, Horse Racing, Greyhound Racing, Snooker, Pool, MMA, Surfing and Table Tennis.
You can also bet on current events in Entertainment, Politics or Finance. There are many gamblers in Australia, so it makes sense having so many betting options in order to satisfy the punters there.
Is Sports Betting Legal in Australia?
It is considered legal to bet both online and offline if you are an Australian citizen. You can bet in Australian websites and in bookmakers who are located offshore if they accept Aussie punters. You should keep in mind that if you have a problem with an overseas operator, you won’t be able to look for help from the government. That is exactly why you have to choose sports betting companies who are licensed by reputable organizations in other countries.
If you have any other questions regarding the legislation of gambling in Australia and the gambling jurisdictions there, we can direct you to our article which explains many things about the online gambling jurisdictions in the country.