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Australia is a country with many sports fans and enthusiasts who are ardent supporters of various teams and clubs across major sports. The country has a blossoming betting population as punters try to make money by predicting the outcome of games. The proliferation of betting platforms means that there is fierce competition to provide players with the best odds possible. Therefore, Aussie players can be sure to find a suitable betting website with the right mix of sports, odds, and bonuses to meet their needs. We will discuss the Aussie betting scene in this article as we examine regulation, available sports, betting websites, and betting markets.
Alt: A Football Stadium filled with fans and spectators while a match is being played on the pitch
Australia has a robust legal framework that governs gambling in the country. The Interactive Gambling Act, enacted in 2001, opened the doors for online sports betting in the country. Therefore, websites like Betpack are able to display the available and trusted gambling websites Aussie players can use. The gambling laws vary slightly depending on the jurisdiction, so players are advised to pay attention to the age restrictions, responsible gambling laws, and other guidelines. These strong regulations protect both operators and players, and they allow them to get more value from betting activities.
These are the major pillars of online betting in Australia. Bookmakers provide various sports, betting markets, and odds. These operators provide an environment where punters can make predictions and win rewards if they are right. Bookmaker operators are free to offer features that will differentiate them from their competitors, as long as they are within the confines of the law.
Betting exchanges are betting websites that allow players to place bets against each other. When punters gamble on a betting exchange, they are betting against other players who have taken the opposite side of the bet. Betting exchanges are usually able to offer better odds because they are determined by market demand. This is in direct contrast to bookmakers, where odds are set based on the bookmaker’s margins. The multiplicity of available options makes it easy for Aussie punters to enjoy their gambling sessions.
There are many sports available on sports betting websites in Australia, including AFL (Australian Rules Football), soccer, cricket, basketball, tennis, and rugby. According to reports from a 2022 survey carried out by the Australian Institute of Family Studies, 86.7% of online gamblers from Australia are involved in regular sports betting activities. AFL is the most popular sport, according to punting data, with 58.5%.
There are different betting markets available to punters at Australian betting websites. These betting markets have varying odds, which determine how much players could potentially win depending on their stake. The betting odds vary among bookmakers and are a major battleground for operators as they try to offer the best and most attractive odds. Here are some of the betting markets you can find at Bookmakers in Australia.
This bet chooses the range of goals, corner kicks, or other events in a match. For example, you can make a bet that the total goals that would be scored in a match would be under 4.5.
This is a bet where you predict the exact score of a game. The prediction must be exact, or you lose the bet. For example, if you predict the game to end 3-1 and it ends 2-1, you lose the bet.
This is a bet that selects the winner at half-time or at full-time. In a half-time bet, the winner at the half-time whistle must be the team you selected, or you lose the bet. In a full-time bet, the team you select must be the winner at the end of the match. Your full-time bet is still valid if the team you chose loses at halftime.
This bet chooses the team that will open the scoring in a match. For example, if you select Manchester United as the first goal scorer in a match against Chelsea, your bet wins if Manchester United scores first. If Chelsea scores first, your bet loses.
This bet predicts who the winner of the match will be at the end of the game. This is different from the correct score betting option, as you only have to pick the winner, and the scoreline is not important. It is the most popular betting option because of its simplicity.
This bet allows you to take on more than one outcome, but the odds are lower. In a double chance, you are betting on one team to either win or draw the match. Therefore, you only lose money if the team loses.
Aussie gamblers have a plethora of payment options to choose from. This flexibility allows them to limit transaction and conversion fees and also choose an option that they are most familiar with. As the betting websites operating in Australia accept the Australian dollar, this makes it easier for players to seamlessly fund and withdraw money from their betting accounts. The table below shows the payment methods accepted at Australian betting websites and their types:
|
Payment Method |
Type |
|
Traditional Payments |
Bank Transfer Debit Card Credit Card Payment Vouchers |
|
eWallets |
Skrill Neteller PayTrust EcoPayz |
|
Cryptocurrencies |
Bitcoin Ethereum Litecoin Tether Circle Bitcoin Cash |
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