A Complete Guide on Sports Betting Australia
Are you new to sports betting Australia? Then this is exactly the guide you need!
You might be wondering if online sports betting is legal in Australia. Let’s put an end to the confusion in one phrase – Yes, it is legal. You will also notice that most of the Australian betting institutions offer their services online. They even offer to bet on horse races and other races.
With the basics cleared, let us get into the sports betting guide.
How to Bet on Sports Online
Here is a quick rundown of the steps that you need to follow for sports betting online Australia.
- Find the right betting site.
Are you into sports betting or you like horse races? Depending on your choice, you will have to find a suitable and trustworthy website. If your preference in sports, then there is little point in choosing a site that is focused on horse races.
There is an overwhelming number of betting sites, and it can be hard to pick the right one. But don’t be lazy, do your homework before signing up.
- Sign yourself up
Once you choose a suitable betting site, the next step is to sign up. You will need to provide all the basic information along with age verification. You can have a look at their money lines before you sign up. This way, you will know what you are getting into.
- Make the first deposit.
After the registration process, you have to deposit to make the bets. Most of the sites offer popular payment options like Paypal, Neteller, Visa, MasterCard, checks, and even bank transfers.
Another good thing about online sports betting is that they have generous promotional offers for the newbies and existing users as well. It would be best if you claimed all the bonuses that you are eligible for after signing up and making deposits.
- Know the basics
Before you decide to spend your money, make sure you are familiar with the process. Know how to calculate the odds and compare them. It is always a good practice to read all the terms and conditions, rules, or guidelines (a.k.a. the tiny print) before you go ahead and place bets. Moreover, if you are new to sports betting online, it is advised that you should take trials with play money or watch videos on how to do it.
- Determine a limit
Setting a budget and adhering to it is always a smart move. Sports betting is as addictive as any other gambling games. Many of the Australian betting sites enable the users to set a limit and exclude themselves when the limit exceeds. Most of the seasoned players stick to a uniform amount for bets and seldom change their strategy.
- Make the bet and try to please the Gambling Gods.
And finally, it’s time to place the bet. Go through the lines and select the one(s) you like. Then an option will pop up for placing a straight bet. If you want to go with the straight bet, click ‘ok’. And the final step would be to ask the Gambling Gods for a little luck.
A note about Minimum Bets – the lowest bet amount varies from site to site and also relies on the type of bet you are making. The lowest bet for online betting is $1. However, if you place bets over call, then the minimum stake is $20. For live betting too, the lowest wager is $20.
Popular Sports Betting Sites
Before apps existed, betting sites were popular. It turns out, even with the apps, the websites still have a stronghold over the sports betting scene. Here is a rundown of some popular Australian sports betting sites.
BetStar mostly focuses on horse racing. But it has great betting options for sports bettors too.
BetStar knows well how to promote itself, and the sites sport some brag-worthy features. To begin with, you get to choose your own odds with the unique “Pick Your Own Odds” feature. When you pick your odds, the site will provide you with a winning margin based on your chosen odds. If the horse you wagered on wins by a substantial margin, you get a dividend. Moreover, if you divulge the margin that you think the chosen horse will win by, you can grab even better rewards.
For other races like Harness and Greyhound, BetStar enables players to stack up the field against the chosen race favourite. If you believe that the favourite may lose any time during the race, you can back the whole field in one bet. BetStar also sports a Quick Multi bet system, where you can quickly make multiple bets.
Tote odds is another BetStar offering that is popular with the users. BetStars offers amazing Tote odds at any given the time of day. Apart from this, the Protest Payouts is another noteworthy feature of BetStars.
Owing to the Interactive Gambling Act of 2001, BetStars (or any other site for that matter), are prohibited from delivering any live betting services. You can still spot numerous sports and races live events on the site with their odds. You can give them a call to place your bets.
Ladbrokes is a familiar name within the online sports betting communities in Australia as it is specially focused on the local users. The most notable feature is the ‘Quick Bet’ feature that enables bettors to place bets quite rapidly. The feature has pre-set amounts, and all you need is a few taps on the mouse to make bets. Additionally, these quick bets can be placed even if you already have items in your bet slip.
Like we mentioned, the site caters to Australian users; so, it does not come as a surprise that it offers NRL, AFL, and Rugby. Along with these, it also provides betting on football, cycling, golf, and other popular American titles. You can also wager on some globally available leagues.
Coming to Horse racing, Ladbrokes has a simple and easy-to-use interface. It lists out all the upcoming events which you can filter out by venues. The horserace section has a “Pick Your Own Odds” feature. With this, you can pick your odds and adjusts the risks.
Again, due to the gambling regulations in Australia, Ladbrokes does not offer live betting. But Ladbrokes does have a unique feature for its users. The bettors can directly get in touch with operators using the QuickCall feature with the computer’s mic. To safeguard the privacy of users, the site does not record the call but rather synthesizes it.
Ladbrokes is highly committed to Responsible Gambling. They prevent minors from participating in betting activities and provide useful information to problem gamblers. The site also has a deposit limit feature that enables the players to set a maximum limit for themselves.
Bookmaker has one of the best sites in the Australian sports betting scene. It loads rapidly and has some cool features. When you enter the website, you will spot the navigations on the left, and the active markets are highlighted. On the main panel itself, you will find the betting slip and odds.
The navigation is informative and easy for the markets. You will be provided with date and timings when you select your sport. Moreover, the betting slip is full of unique features. You can even hide the slip while you are browsing. The multi bet option, along with all the choices, is enabled wherever possible.
4. Bet 365
Bet365 is certainly one of the best sites for sports betting Australia. Bet365 site would never fail to attract bettors who love the interactive experience. Thanks to Flash, Bet365 can be navigated through image links, tabs, and text lines. By default, the site opens in Overview. You can find your favourite sports under the favourites tab.
The sub-menu includes sports like Tennis, Cricket, Soccer and more. You can explore the Horse Racing too. You also get to choose between Event and Multi-View and plan your schedule. The interface can be slightly baffling for the newbies. But with use, you will get comfortable.
And now for the biggest feature, Bet365 has unbeatable live streaming. You can find the live-action towards the right of the browser’s window. To access the live streaming feature, you need to have a paid account. You can enjoy the live streaming if you have placed a bet in the last 24 hours.
Lastly, Bet365 has a bunch of amazing features at Bet365 plus. They even have a news portal that is updated frequently.
Unibet Australia was launched in 2012, and it is a quite trusted brand in this community. The Unibet has a sleek website based on Flash but also has some down-to-earth features for users. Markets, betting slips, odds are all present on the main panel along with the sports navigation.
The website has a simple interface, and you will know most of the options quickly. The features, the app, shortcuts, and promotions can be located easily on the site. The shortcut feature enables users to place bets quickly. The site offers links to the upcoming events. By selecting your sport, you can choose a sub-market and leagues.
The search bar is handy to find markets for your favourite team. Options for racing events are vast too. You can pile up all the selections in your bet slip. You can find the pending wagers in your betting history.
Coming to promotions, Unibet knows how to keep its users happy. If your bet fails narrowly, Unibet offers up to $50 cash back if you lose 4+ leg combos. This offer can be applied to all the sports. For newbies, Unibet has a lot to offer. For the first-timers, Unibet gives up to $100 cashback if you lose. This offer is applied to racing as well as sports bets. At Unibet, your loyalty is rewarded by protest payouts, dead heat, and many more rewards.
Unibet has recently introduced its live betting feature. With this, you can place bets while you enjoy the live-action. Sports like basketball, cricket, tennis, football, and many more events are streamed live. You can call to make your bets, or you can even click on the Call to Place Bet button.
These are some of the best online sports betting Australia websites. You might also go for their app counterparts.
How do Sports betting odds work
Sports betting odds can be pretty difficult to understand especially if you are new to it. We have tried quickly explaining the betting odds.
Most of the bookmakers in Australia use the Decimal Style Betting Odds. Calculating decimal odds is straightforward. You have to multiply the bet amount by the decimal odds displayed. The resulting amount is your payout.
Here is an example –
Team A – 2.40
Team B – 1.55
If you place a $10 wager on Team A, then your payout will be $10 x 2.40 = $24. The resulting figure includes your wagered amount. So, your profits are $14. Most of the sites enable the user to choose their style of betting.
Usually, online betting sites do this job for you. The betting odds would be displayed before you place the bets.
Sports Betting Strategy
As such sports betting is a type of gambling and relies immensely on your luck, observation, and experience. To a newbie, sports betting online can be complex and even intimidating. Nonetheless, some experts claim to make a good living off this sport. We have compiled a concise list of strategies that will help the newbies make it big in sports betting.
Before we move on, let us answer an obvious question, why should you follow these strategies? Because, if you don’t, you will be considered as a “square” which loosely translates as “noob” in the sports betting community.
- Learn to manage your bankroll
You are nothing without your bankroll. Any expert bettor would set aside a sum of money which he/she does not mind losing. You cannot bet your rent money on racehorses. Not sticking to a budget will lead angry family members and yelling landlords.
A common strategy that bettors follow is that they place bets worth 1% to 5% of their total bankroll. A quick example would be – Suppose, and your budget is $2000 then you should bet $20 to $100 bets on each game of a category.
Lastly, never go chasing your losses. It always turns out bad; you end up making bigger bets to cover the losses quickly and lose even more.
- Don’t drink and bet (and don’t get too emotional either)
This may sound obvious and preachy, but for some people, beers and sports is an unbeatable combination. But this combination can lead you towards some costly betting mistakes. It is common sense that alcohol can make your judgements cloudy. It isn’t easy to think clearly with a fuzzy head. And who knows, you might even bet your grocery money on NFL games under the influence!
The gamblers who bring emotions at the table are often scorned upon by others. Same is the case with sports betting. Keep your emotions away from your bets. If you go on a losing streak and feel frustrated, do yourself a favour and quit playing. Come back to the game after a break if you feel better.
- Take down notes
By this, we mean you should analyze your previous bets, check the trends, and maybe even try some betting systems. Do not always rely on your gut feeling. Your intuitions might not always bring your profits. If it helps, make a note of every significant winning or losing.
- Compare and make informed decisions.
While selecting the lines, you should always look for the best lines. This might sound obvious, but the excited newbies might go for the first line they see. Instead, create accounts on multiple betting sites and compare the odds. If you have chosen your team, then look for it in multiple sportsbooks. The chances are that you will get a better price at one of the many sites you look at. Following this strategy, you will surely save a lot of money.
- Do not go for the points.
You will be the biggest square if you fall for the favourites down or underdogs up set up by the betting sites. This is the worst move you could make. Just don’t go for it. They are like the side bets invented by casinos to burn gambler’s pockets.
Best Sports Betting Apps
Bet on sports online on the go! The betting sites are smart enough to keep up with the evolving trends, and hence, most of the major site have their app. Majority of the apps are available for iOS and Android.
Here is a brief list of betting apps in Australia.
Ladbrokes is certainly one of the dominators in the Australian sports betting scene. It comes as no surprise that they have a sleek app to deliver their services. The Ladbrokes app is available for Android and iOS users. The app has easy navigation and enables users to make fast deposits and withdrawals. Most of the desktop features have made it to the app to ensure a smooth experience.
Sportsbet app ae popular all across the globe, and they hardly need an introduction. The Sportsbet app can be installed on Android and iOS devices. The app has some dynamic features and is regularly updated.
The list cannot be complete without mentioning the Bet365 app. One of the industry leaders, Bet365, has its app on both iOS and Android platforms. Sadly, Australians cannot access the poker or the gambling section of the app owing to the gambling restrictions. But sports betting services are good too.
Neds is a popular name that received quite a lot of attention when it entered into Australian sports betting scene. As it is a relatively new company, it spared no expense at creating an impressive app. Available for Android and iOS platforms, it has some amazing features. Neds Toolbox steals the show with its odds booster and other features.
Unibet is a renowned company that has its presence worldwide. The Unibet app can be installed on Android and iOS devices. Unibet focuses more on horse races and soccer.
These apps are some of the best ones for sports betting Australia.
Top Sports Betting Tips
Here are some quick tips to note while you are betting online on sports.
- Do not keep unrealistic expectations. Sports betting will not turn you into a millionaire overnight.
- If possible, try to follow a betting system.
- Always compare the odds before betting.
- Do not be too disappointed when you lose. Maybe it’s just not your day. Try again in the next season.
- Do your homework. Research is totally worth your time.
- If possible, keep a log of your betting.
- Do not be overconfident.
- Take breaks between your betting sessions.
It all depends on your luck and your ability to figure out the odds. This guide answered some popular queries on Sports betting Australia.