Sports Betting in Australia

Online sports betting

Despite strict gambling laws in Australia, bookmakers have no trouble reaching a huge pot of cash. The country is home to many massive gambling brands, including Bet365, Ladbrokes and Betfair. Other big names are rumored to enter the market in the future. Currently, a number of local betting exchanges offer sports betting services to Australian citizens.

Before 2001, the online sports betting industry in Australia was like the Wild West. Websites were popping up left, right, and center. The government had little control over the industry. But in 2001, the government introduced the Interactive Gambling Act (IGA), which severely curtailed opportunities for operators in the gambling industry. In 2008, the Australian High Court ruled that Australian bookmakers were not prohibited from advertising in other jurisdictions. This resulted in the entry of many corporate bookmakers into the Australian sports betting market. However, in 2017, legislation was introduced that prohibits sports betting advertising during live events.

Legality

In Australia, sports betting is legal and allowed on a variety of platforms. In addition to brick and mortar sports betting, a number of states and territories have legalized sports betting with their own regulations. In Australia, sports betting has recently been restricted by the Interactive Gambling Act (IGA) of 2016, although punters are pushing to have this law overturned.

Despite these restrictions, Australian sports betting is legal, and there are numerous state-licensed sportsbooks. However, there are still some restrictions, including a minimum age requirement of 18 years old. In addition, bookmakers are not allowed to advertise interactive games or instant-win betting.

Security

If you’re considering placing bets online, security should be one of your primary concerns. The laws of Australia are designed to protect players from any form of fraudulent activity. Online bookmaker sites are required to follow a strict set of regulations, and third-party testers regularly audit the sportsbooks to ensure that they operate fairly.

Australian bookmakers aren’t permitted to offer sign-up bonus bets. In addition, the government’s view of online gaming companies in other countries is generally negative. On the other hand, the Labour Party, which is on the opposite side of the government, seems to be more welcoming. Many online betting companies offer lower wagering criteria, larger deposit rewards, and more wagering options. Another major advantage of Australian internet sports betting is that players can bet in Australian dollars.

Apps

In Australia, sports betting has become an extremely popular form of gambling, and sports betting apps make it easy to follow the latest odds and bets in real time. The apps also provide quick overviews of different sports and access to live scores. If you’re new to betting, these apps are great ways to get started.

Sports betting apps in Australia come in many forms and provide different betting experiences. While many are dedicated to betting on horse races, some are specifically suited to different sports. For example, many of the best sports betting apps in Australia are made with mobile users in mind.

Wagering options

Sports betting in Australia has a wide variety of wagering options available. While sign-up bonuses are not permitted, you can usually find promotions available to you once you sign-in. These promotions often offer money-back bets in the form of bonus bets or bet credits. These can come in handy if you’ve been on the losing side of a sports game or horse race.

There are three main ways to place a wager in Australia. The first option is over-the-phone betting. The phone is a convenient option to place bets while a sporting event is in progress. The other option is in-person betting. Online sports betting is also possible at sportsbooks located in Australian territories.

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