Whether you’re looking to bet on the big games like football, basketball or soccer, or are interested in wagering on lesser known sports like tennis, there are many options for sports betting Australia.
Horse racing
Despite the rise in popularity of sport betting, horse racing continues to dominate the Australian gambling market. Approximately two million Australians aged 18 and over have placed a bet on sports and sporting events in the last three months.
Horse racing sports betting is conducted through several methods. Australians can bet on their local currency, international currency, or a combination of both.
The Australian horse racing industry has a history spanning many years. The sport became big business in the late twentieth century. The Australian government entered the wagering market by allowing off track betting. After the legalization of offtrack betting in the late twentieth century, illegal bookmaking parlors began to proliferate. Eventually, organized crime began to develop. In the United States, the illegal bookmaking industry became the province of organized crime.
Basketball
Whether you’re a fan of the sport or just love to bet on it, basketball sports betting is fun and exciting. However, it can be a bit overwhelming for newbies. Aside from knowing the basics, like how many teams are in the playoffs, you need to know the best places to bet and what kind of odds you can get.
The best basketball sports betting sites offer a variety of markets. These include totals, point spreads, money lines and prop bets. Some of the sites also offer special features like live betting and mobile betting.
The most common type of bet in basketball is the spread. This is a simple wager that pays out if a team wins by more than the predetermined number. An example of the spread is Team 1 -8.5.
Tennis
Whether you are new to betting on sports or a seasoned pro, there are a number of factors you should consider before placing a wager on tennis. For example, you should consider the type of playing surface. The surface impacts the ball’s trajectory and mobility, which can impact the speed of the game.
Besides the surface, you should also consider the number of games that will be played. You should also consider the handicap margins. The handicap margins can be a good way to predict the route a player will take through a tournament.
Another interesting way to bet on a tennis game is to make a prop bet. These are bets on specific events within a tennis match. You can use a prop bet to hedge a bet on the other side of the line, if you have a winning pick.
Other sports available to bet on in Australia
Besides cricket and football, there are many other sports to bet on in Australia. The most obvious one is Aussie Rules football, but the competition includes soccer, rugby and many other sports that can be bet on in a matter of seconds. In fact, there are over a dozen professional AFL/NRL/Super Rugby/A-League clubs in Australia. This means that you can actually bet on all of your favorite professional sporting teams. The most popular Australian sports betting site is Betway. This site offers a comprehensive betting service that covers over 30 major Australian and New Zealand sports and events.
Of course, the best bet for the discerning Australian sports bettor is to go with a reputable betting site that carries a betting license. In addition to the aforementioned sports, the site also features online casino games and slot machines.
Legality of online sports betting in Australia
Despite a strict gambling law, Australia has not fully embraced online gambling. Despite this, Australians can access overseas gambling websites and place wagers online. However, Australian players are subject to a number of advertising restrictions, including responsible gambling messages, advertising inducements, and hours of advertising.
There are two main legal frameworks in place in Australia, and each is designed to protect the consumer. The Gambling and Betting Advertising Act prohibits advertising gambling, and the Interactive Gambling Act prohibits interactive gambling. However, the laws are being reformed to suit the constantly evolving online gaming industry.
Currently, Australians can place live sports bets over the phone and online. This form of betting is regulated by the Gambling Commission. There are also a number of local companies that operate gambling platforms. The legality of online sports betting in Australia largely depends on the operator and the laws of the state where you live.
