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Australian Dollar for Betting on the Smallest Continent

can you trust bookmakers that use the australian dollarAll of the bookmakers mentioned in this article will accept the Australian Dollar as a deposit currency. Australia is a country where many people are quite fond of gambling and are betting online. That’s one of the main reasons why we will share with you the deposit and withdrawal methods which are allowed by bookies that accept the AUD, in addition to giving you information on the gambling tax regulations in the country.

Where can you bet using Australian Dollars?

Bookmaker Founded Jurisdiction Bonus Min. Bet Max. Bet Grade Review
1974 United Kingdom £200 £0.1 Varies
Bet365 Review
2008 Gibraltar £30 £0.1 No max
888Sport Review
1999 United Kingdom £30 £2 No max
Betfair Review
1973 Gibraltar £20 £0.01 Varies
StanJames Review

Here is a list of gambling websites which will let you deposit money in Australian Dollars.

  • Bet365 – Bet365 are famous for the number of different currencies they have available, and the Australian Dollar is also included. The payment methods they accept include Skrill, Click2Pay, Neteller, Instadebit, Paysafecard, Ukash, wire transfer, EntroPay, fast wire transfer, cheque, and credit or debit card. You can withdraw money by using the same methods with the exception of Ukash. Check Bet365 for a variety of deposits!
  • BetVictor – This is another quality website which accepts deposits in AUD. Their payment methods are fewer, but BetVictor has the biggest ones covered. You can deposit with Skrill, PayPal, wire transfer, and debit/credit card, however, you can only withdraw using debit and credit cards or wire transfers, which is a shame. Still, BetVictor won’t disappoint you!

Gambling Tax in Australia

Australian punters will be glad to hear that they don’t have to pay tax on their gambling winnings.  The main reason for that is because gambling has a reputation more of a hobby than a profession there. The government thinks that someone’s winnings equate to other’s losses. That’s why you get to keep everything you win from online gambling.

The laws in Australia give more benefit to the players. Even though a gambling tax may bring profits to the state, the party that decides to introduce it will instantly become very unpopular and may very well lose the next election, which means that punters have a significant influence over this subject.

What payment methods should people who want to deposit in Australian Dollar use?

how does the money exchange with australian currency workThe government of Australia looks down upon online gambling and doesn’t allow its citizens to use local betting websites, but they still can register at foreign bookmakers. That’s why punters don’t have to go through the trouble of hiding the payments they make and can safely use their credit or debit card to deposit money into their gambling account.

It’s very convenient before gambling with the australian dollar to make a deposit using a credit/debit card because they are fast and extremely safe. Almost each Australian has one of them, so it shouldn’t be too much of a hassle to use them as payment methods for gambling.

If you are conservative and don’t want to share you payment information with the bookmaker, there is an alternative method in eWallets such as Neteller and Skrill. That way you don’t have to give out your bank details directly to the gambling site, but instead, use the eWallet to act as a third party and deposit the money there. After that, you can transfer the money from it to your gambling account effortle

Rest of the World Currencies

which are the betting currencies outside asia and europe
  • Melissa Welch
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    Melissa Welch, reviews department