Online betting Australia is incredibly popular since local people enjoy sports. Apart from watching different sports, they find it fascinating to bet and get money for predicting the right results. Every reliable online casino Australia offers sports betting section apart from casino games. Online gambling in Australia was banned in 2001, and as such none of the online casinos operating here will have an Australian gambling licence. However, there are international licensing authorities to look for on any online casino operating in Australia. When a new online casino comes onto our radar, we’re eager to put it to the test for you.
How the Betting Works
Football normally has three different options for you to bet on: points spread, moneyline, and the total points. For the moneyline bet, the favourite team will have a minus (-) symbol next to their payout number, and the underdog team will have a plus (+) symbol next to theirs. This symbol represents how much you will be paid out with a $100 bet. For example, if you bet on the underdog team, they have a +250, and they win, you would be paid out $250 on a $100 bet. All a team needs to do is win for you to be paid out. The points spread bet, on the other hand, evens out the payout if you want to bet on the favourite team, because in order for it to pay out, the team has to win by a certain number of points.
Online Betting Au
For example, if a team is favourite at -7 and you bet on them, they would have to win the game by at least seven points. If you bet on the underdog, they merely have to lose by less than 7 points in order for you to be paid out. If you bet on the losing team in the moneyline, the payout will be higher, but your chances of winning is lower. If you bet on the favourite team in the moneyline, the chances of winning is higher, but the payout is lower. You can also bet over/under on total points. The bookmaker will decide a specific number, say 47 points. You can bet that the scores of both teams combined will be higher than 47 or lower than 47, and if you’re right, you receive that payout. To find out what the payout will be for any bet, simply click it, type in the amount you think you want to put down, and the site will tell you how much you stand to win before you even place it, a very convenient feature of online bookmakers.
Futures Betting
Futures betting always pays out nicely. Here, you bet on a result that will happen in the future. For example, when the season starts (or even before sometimes), you can bet which team will win the grand final months before the event takes place. Because a lot can happen in the meantime, even betting on the favourite team can result in a huge payout. You probably won’t see anyone below a +450, which means that you will win $450 on a $100 bet if that team wins. Betting on a staunch underdog can win you thousands! However, if you’re not the patient type (Like me. I’m very impatient and can’t tolerate futures.), you should just stick with the more immediate result betting. If you’re a serious sports bettor, you could place a futures bet and then bet all season and hope that the first bet pays out in the long run.
Specialty bets
On top of being able to bet on the aforementioned results of the games, you can also bet on more minute details of the game. Rather than the overall score or who will win, you can bet on how many rushing yards a team or specific player will get, how the game will end (field goal, touch down, etc.), who could win a specific trophy, and so on. These bets can be a great way to add some depth to the normal game rotation, and the payoffs can be quite substantial. If you are confident in a specific running back’s ability, for example, you can bet that they will get more rushing yards than the casino predicts. If you think they’re overrated, you could bet that they get less rushing yards than predicted. If you’re right in either instance, you could walk away a big winner.
Where to Bet
You can bet on AFL games and on football games taking place around the world at all of our recommended bookmakers and any of our recommended online casinos that also offer the option to bet on sports. These casinos have the Australian player specifically in mind, tailoring their services and features to be the most convenient, accessible, and well-rounded place for you to place bets. They are judged on their licenses, security technology, third-party auditing services, and independent player and expert reputations around the web. You’ve come to the right place, so the only question is: will you bet on the right team? Good luck, have fun, and always remember to gamble responsibly.
IGA Passes: The end of legal online poker and casino betting Australia coming mid-September.
Last week, the Senate approved the Interactive Gambling Amendment bill (IGA), ringing the death knell on most forms of online gambling in the country. All but online sports betting, to be exact.
After more than two years of debate and multiple updates to the IGA, the hopes and dreams of Australia online poker players and casino betting enthusiasts have been squashed. On Wednesday, the Senate passed amendments that will prohibit all unlicenced operators from accessing the nation’s lucrative market.
Due to Australia’s existing stance on interactive poker and casino betting, no licences will be issued for such services. Only online sports betting is deemed legal in the country. Thus online poker and casino operators will be forced to withdrawal their operations, denying future access to Australian punters, or face the consequences.
Online Poker, Casino Betting Not Illegal Yet
There’s one perfunctory step remaining before the IGA can truly go into effect. It’s a cursory one at best, so don’t get your hopes up that things will suddenly turn around for online poker and casino betting. Australia has made up its mind, and that’s that.
In going through the motions, the IGA will now land upon the desk of Australia’s Governor-General, Sir Peter Cosgrove, for Royal Assent. There’s no doubt in anyone’s mind that he will sign his name upon the dotted line. It’s only a matter of ‘when’, not if, and even that has a short timeline.
As per the rules of Australian government, the IGA will take effect precisely 28 days following Royal Assent. The average time for the Governor-General’s signature to appear on an approved measure is 1 to 2 weeks. This schedules the official prohibition of online poker and casino betting in Australia to occur some time in mid-September.
PokerStars Confirms AU Online Poker Exit
Australia Sports Betting
In response to the Senate’s approval of the IGA, PokerStars was quick to confirm its impending exit from the Australia online poker market. In a mass email notification delivered to the online poker giant’s Australian player base, PokerStars said:
“…We’ve been aware of this day coming and have done our best to keep you informed, but we can confirm that we’ll be closing our real money poker tables to players in Australia, most likely around mid-September…”
The email goes on to assure players that their accounts and funds are perfectly “safe and available for withdrawal”. Players are reminded to open any remaining Stars Rewards Chests and spend their StarsCoins. The operator will convert any unused tournament tickets/money to cash for withdrawal.
Once online poker and casino betting in Australia is officially illegal, PokerStars will transition to play-money only games in the country. If ever given the opportunity to apply for a legal online poker licence, PokerStars will be first in line.
Sports Betting Ops Won’t Go Unscathed
The IGA isn’t just meant to criminalize online poker and casino betting. Australia legislators made sure to pinch online sports betting operators as well. Upon enactment, in-play betting services will finally cease.
Online Casino Betting Australia Game
In-play betting via online and mobile is already illegal. However, the IGA will put a stop to ‘click-to-call‘ in-play betting on mobile; the loophole several operators squirmed through to provide this popular service last year.
