There are several things you should consider when choosing a sports bettings site in Australia. These include whether or not an online betting site is legal to operate in Australia, whether or not it offers a variety of payment options, and the reputation of the website. It is also important to select a site that has good navigation and an easy time making deposits and withdrawals.
Legality of online sports betting in Australia
The Coalition government in Australia is a strong proponent of online sports betting in Australia, but it is not always so favourable towards foreign sportsbooks. While the government generally views offshore sports betting operators with suspicion, the Labour Party is more lenient. Currently, there are around 50 registered sportsbooks operating in Australia.
The restrictions on live betting, or ‘in-play’ betting, have not changed significantly in the last few years. While the local gambling laws prohibit betting on live events, international websites do not face any such restrictions. They are licensed elsewhere and can take bets on games that are already in progress.
While Australian law prohibits gambling on unlicensed websites, many international companies have chosen to open their platforms to Australian citizens. While these international companies are not regulated by the Australian Communications and Media Authority, Australian licensed sportsbooks are. Under the Interactive Gambling Act of 2001, Australian sportsbooks are required to have a licence.
Payment options offered by Australian bookmakers
For Aussie punters, the payment options offered by a sports betting site can make or break the overall experience. While depositing money into a betting site used to be limited to bank transfers and cash, there are now a variety of methods available. To make your life easier, we’ve listed the most common and easiest methods available from each Australian bookmaker.
One of the easiest ways to fund an account is to use a money transfer service. You can use Moneygram or Western Union to deposit money to your betting account. You’ll need to know your bank account details, but the process should be fast. If you’re placing bets with cash, you can use the same methods to withdraw money.
Other popular payment methods include Visa and MasterCard. These cards are widely accepted in Australia and are not restricted to a single betting site. However, you should remember that some deposit methods are not allowed to be used for withdrawals. Alternatively, you can use Neteller, an Australian payment service that acts as a middleman between you and your bank. This service is quick and secure, and all payments are recorded using industry standard encryption.
Reputation of Australian bookmakers
When you choose an Australian bookmaker, you’re likely to have a good time betting. Unlike other sports betting countries, Australia has no gambling regulation that prevents bookmakers from offering signup bonuses. In addition, you’ll find that Australian sports betting sites accept a variety of payment methods, including credit and debit cards. Some also offer options for bank transfers and prepaid cards such as Paysafecard.
When choosing an Australian bookmaker, look for a reputable one that has a reputation for paying out winners. Ladbrokes is one of the most renowned international bookmakers, and they have recently expanded their services to Australia. They’re owned by Entain Group, which was previously known as GVC Holdings. The company offers extensive betting data, including live video. Australian bookmakers also include Neds, which was founded in response to a gap in the gambling industry. The site’s user-friendly app and betting service make it a good choice for those who don’t have much experience in online betting.
Most Australian bookmakers offer multiple bet options, which lets you place a bet on multiple events simultaneously. You can also combine multiple sports or races. Cash out features are also important, as they allow you to exit your bet if you lose just one leg. In addition to this, Australian bookmakers usually offer insurance promos that cover multibets. These can help you get a large winning multibet if you’re not able to land it all.