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BEST SPORTS BETTING SITES IN AUSTRALIA 2019
Population of Australia: 24,900,000
Active Players: over 9,000,000
Estimated turnover of gambling per annum: 23.694 billion
Regulated Gambling Products: Lotteries, Keno, Casinos, Pokies, Sports
Types of Operators: Gaming terminals, Casinos, Betting shops, online
Regulating Authorities: bodies vary from state to state.
Status: State-level regulated.
For the past two hundred years, Australians have been placing bets as part of their culture and there’s no doubt that it’s a favourite hobby for the typical Australian. In 1996, online sports-betting was introduced and because the Australians were so interested in gambling, a bill known as the Interactive Gambling Act was passed in 2001. The most popular way of gambling in Australia is via sports-betting just like in many other countries. Football betting became the most patronised sport in betting, in recent times. Another factor that fuels the Australians to gamble is the fact that sports-betting in Australia has been done in such a way that there are various ways to place bets by the betting companies.
FIVE THINGS TO KNOW ABOUT BETTING SITES IN AUSTRALIA
39% of the entire adult population place bets at least once a month.
All winnings made from gambling are tax-free.
The law-approved minimum gambling age is 18 years old.
In 2018 alone, over 23 billion Australian dollars were used to stake on bets.
5% of the entire global online gambling population comes from Australia alone.
We have culled a list of the best betting sites in Australia based on the reviews from both the consumers and experts in this industry. Also, we regularly update the list with the websites that have either upgraded a product or have been newly licensed to operate.
There are a number of features you should check out when determining which Australian betting site, you would like to place your bets on so as to get the best out of your gambling experience. The features you should watch out for include:
Local Payment options; search for the kind of options that are available to use based on financial matters. Some options which are popular include ‘POLi’ which doesn’t require you to put in your credit card information, Pre-paid credit cards offer you aid if you want to keep your budget on betting in check, and e-wallets such as Skrill Australia which provides a useful advantage over using banks. Live phone betting, where you can play a quick feature of betting known as the “In-play betting”. However, it is only available on the mobile version of the site or on mobile applications.
High odds and variety in the markets: you should place your bets at odds which provide real value to be able to make a profit. This means you should do a little research going through different reputable sites to find which one offers the best odds. This, and the fact that there are a number of markets to choose from, shows that you can make a huge profit off of betting.
The Australian dollar being accepted: look for reputable sites that are willing to accept the Australian dollar for placing bets. You can extend your search to betting sites with foreign origin as far as they are legitimate and trustworthy.
DELAWARE’S FIRST BET
Outside of Nevada, Delaware became the first state to offer single-game sports betting, and the first two bets at Delaware Park was that by Tom Barton, to the value of $1,200 on the 2018 World Series. These best on the Yankees were losing bets.
Pennsylvania and New Jersey soon after came on board, but Pennsylvania has not yet approved mobile sports wagering. On the other hand, in New Jersey, there are over a dozen sites that offer online sportsbetting, and this offered the state a massive advantage over its neighboring state.
SPORTSBOOK NEW JERSEY BETTING BATTLE ENDS
The legalization of New Jersey Sportsbetting indicated the end of a decade in a legal battle. The state made efforts to pass sportsbetting in New Jersey since 2009. It resulted in a court case with Gov. Christie against the largest sports leagues in the United States, including the MLB, NHL, NFL, NBA and NCAA. Phil Murphy, the newly elected governor, took office in 2018. After a lengthy battle, Gov. Murphy updated and signed the New Jersey sports betting bill on the 11th of June.
NEW JERSEY SPORTSBOOK LEGALITY
New Jersey sportsbetting is legal at tracks, in casinos as well as online throughout the state. Online sportsbetting in New Jersey takes place via sportsbetting mobile apps. Mobile sports betting platforms operating legally in the state offers both iOS and Android mobile apps. The decision to allow mobile betting with remote registration opened the floodgates to sports enthusiasts.
SINCE LEGALIZATION, SPORTS BETTING REACHES ALMOST $7.9 BILLION
According to the American Gaming Association, since the overturn of PASPA the wagering on sportsbetting nationwide reached almost $7.9 billion, which resulted in local and state tax revenue of $55.5 million. In March betting in Nevada was $596.8 million, which was $224 million more than that taken by the Garden State. The figures are sure to change once Pennsylvania adds mobile betting and sports betting becomes legal in New York.
STAGGERING FIGURES REVEALED ONLINE NEW JERSEY SPORTSBETTING
The recent figures made public, reveals that 81% of New Jersey Sportsbetting stems from online bets. The state’s sportsbetting according to the New Jersey Division of Gaming Enforcement reported that during April figures reached $313.7 million. Of which, $254 million was from online wagering sites. The percentage of sports betting revenue from online and mobile wagering continues to increase every month and according to expectation will reach 85% to 90%. New Jersey is reaping the rewards and more mobile sports betting sites will open soon.
Sportsbetting in New Jersey reached $372.4 million in March with revenue of $31.6 million. It went down the month after by almost $60 million with the NCAA tournament coming to an end. The gap was partly filled by baseball, although it could hardly cover the offset of March Madness that marks the most popular betting event of the year.
LEGAL MOBILE SPORTS BETTING IN NEW JERSEY
Legal mobile sports betting in New Jersey is available at thirteen online and mobile sportsbooks, licensed in the state. Offshore sportsbooks are not legal, and only websites with the DGE licensed & regulated seal are legal to offer services to players.
All racetracks and casino in the state can offer betting on sports once they receive approval by the state. It also includes licensed Atlantic City casinos and the three racetracks, which include Freehold Raceway, The Meadowlands and Monmouth Park. There are nine casinos in Atlantic City, of which eight already offer retail betting on sports.
NEW JERSEY SPORTSBOOKS COMPETE FOR POWER RANKINGS
New Jersey Sportsbooks became one of the leaders in legal sports betting; it took only the stroke of a pen to make it all happen. The battle against major professional sports leagues and the NCAA lasted a decade, but it’s all in the past.
Today the state hosts one of the largest sports wagering industries, which includes online betting, mobile apps and almost a dozen land-based sportsbooks. The competition is fierce and license holders want to top power rankings in the state.
This benefits sports bettors, who have access to highly competitive pricing, tons of betting options, user-friendly interfaces and the best promotions.
BONUS BENEFITS AVAILABLE AT SPORTSBOOKS IN NEW JERSEY
Due to the tough competition between horse tracks, land-based casinos and online sportsbooks, sports fans enjoy an array of benefits, including a great range of bonus offers.
The bonus variety offered at sportsbooks includes free bets and percentage-based welcome offers.
Welcome offers include first bet matches, which enable punters to claim a risk-free bet up to a $500. The free bet is claimable within thirty days of the initial bet. Welcome packages include two risk-free bets up to a maximum value of $1,000. The risk-free bets include one for pointsbetting and one for fixed odds. Pointsbetting is a new way of betting; if the bet wins by one unit or point, it means a win of 1x the stake. A win by two units awards a win of 2x the bet. This means if the bet wins by 10 units the win is equal to 10x the stake.
There are plenty of ways to celebrate sport betting in New Jersey and if you want to bet on the New York Yankees, New England Patriots, New Jersey Devils or the Dallas Cowboys for the first time. Simply register online, take advantage of the first bet match offer and enjoy betting action on CFL, MLS, NBA, NHL PGA golf or NFL.
Regular promotions ensure members have plenty of reason to support their favorite teams.
REGULATED NEW JERSEY ONLINE SPORTSBOOKS AND CASINOS
What separates New Jersey online sportsbooks and casinos from offshore sites is legality, safety and security.
Security remains a primary concern for online sportsbook and casino players. It is most important to know that you wager on games that are fair, while the software is subject to regular testing and certified as RNG.
Safety is one of the top benefits at New Jersey regulated online casinos, which is miles away from the offshore sites. These often serve as an alternative to USA players looking for online gambling destinations. The online casinos regulated by the New Jersey Division of Gaming Enforcement ensure the safety of your sensitive and personal information as well as your money.
When it comes to legality, any site that accepts your bets and is not regulated by New Jersey, is breaking the law. It is best to support online casinos that are legal, it also benefits the local operators instead of sending cash to the offshore casinos.
BETSTARS NJ SPORTSBOOK
BetStars NJ by Pokerstars is one of the newcomers and also the most promising. The sportsbetting site belongs to The Stars Group. Launched on the 13th of September the site partnered with the land-based Resorts AC. It offers punters a user-friendly interface offering a series of popular and unique betting options as well as the cash out options. Great member benefits include incredible promotions, unique parlays and props, an excellent interface, low minimum deposits and proven apps.
HOW GAMBLING IN AUSTRALIA TAKES PLACE?
In Australia, there are two parties involved when talking of gambling; the players and the betting company. So, we shall discuss betting in Australia in terms of the best and most reputable sites and the terms and conditions binding both the players and betting company together in agreement.
BETTING WEBSITES IN AUSTRALIA
The federal government and the different States control the different betting sites. In the case of the States, they control the sites operating in their territory. All the States have laws regulating the activities of gambling. In the Northern Territory, the establishment of the NT Racing commission regulated the activities of betting sites on horse and dog-racing. The next well-known state-owned regulating commission is the Licencing NT who is in charge of issuing licences to gambling sites for the Northern Territory. All other States have firms like this which dish out the regulations which these sites must abide to before they can issue licences.
The Interactive Gambling Act of 2001 is the major rule regulating gambling sites on a federal level. This law overrules all the State rules and regulations and covers all the online-gambling outlets in the country. When it comes to taxation for the sites, the amount charged differs from State to State and the product each website offers. The betting websites in Australia all belong to a union called the Australian Bookmakers Association (ABA) who represent their interests and is made up of participants from all the registered websites.
KEY INFO FOR AUSTRALIAN PUNTERS
It is important that you go through some common rules that apply in Australia in respect to gambling. The first rule is that the approved age for betting is 18 and it is mandatory that you provide a copy of your ID when verifying your account. However, all winnings taken from gambling websites are tax-free. This is because the government sees Gambling as a hobby and not an occupation; also, they perceive the winnings as luck and not hard work. So, all taxes are taken from the betting companies.
If there is a complaint that you have made that has not been treated by the Customer Care representatives on the website, you can place a complaint via an online form to the third party which is the regulating body in charge in the region where the betting site operates.
HOW TO DEPOSIT AND WITHDRAW?
Banking as a whole is now moving to new levels and this has been reflected on the Australian Betting sites of depositing and withdrawing cash. Australia is also evolving in the ever-changing trend of new banking ways.
So, we will describe the best ways for you to be able to deposit and withdraw money in your account.
PayPal Australia is the first on our list. Although it is an internationally recognised payment platform, most of the Australian betting sites do not accept it as a payment option. So, it is advisable to bet with foreign betting sites like ‘Bet365’ that make use of the PayPal payment platform.
Skrill Australia is another good payment platform. Together with Neteller, they are the best E-wallets which can be used to fund Australian betting-site accounts. The great feature about these E-wallets is that deposits are credited immediately and that they are compatible with almost all the AU betting-sites and ‘POLi’. However, other E-wallets like Entropay Australia are accepted on fewer sites and are limited to the preparation of virtual cards. You can use them on websites like Marathonbet and 888sport.
POLi is very popular and is often times seen as the best way for funding and withdrawing from AU betting-sites as they are accepted by many local betting-sites. Just like Skrill Australia and Neteller, the deposits are credited immediately and there is no need for credit card information. Withdrawals are not credited immediately though, as they pass through the bank to credit accounts and so may take a few days. Additionally, there are no transaction fees.
Flexepin Australia vouchers are readily acceptable for funding on betting-sites. They don’t charge on transactions and deposits are immediate. Just like POLi, withdrawals take a few days before they are credited to the account.
BPAY is another payment platform that is good enough for deposits. The limit to this payment platform is that it is only a deposit method and you may have to make the deposit via the bank teller before you will be able to make a withdrawal. Withdrawals are made via bank transfers and take a few days before they are credited.
FAVOURITE SPORTS ON AUSTRALIAN SPORTS-BETTING SITES
Australian betting companies take advantage of the fact that the Australians love competition in sports and offer over a hundred sports events for betting. Sports like cricket, netball, football and basketball are usually found on the Australian betting-sites. Without a doubt, the Australians’ most popular sport is the “Aussie Rules”. Betting companies provide more than 100 fixtures to bet on these sports and give amazing odds to entice Australian punters. Another game of note that takes attention, is Rugby. This sport is also sought after by punters and they use it to predict the outcome of games involving their favourite teams or player.
PICKING AN AUSTRALIAN BETTING SITE BONUS
The Australian betting sites are known to be dishing out amazing promotions and bonuses. So, whether you are looking to sign up on known reputable sites or upcoming sites, be on the lookout for sites that offer nice bonuses. It is advisable to sign up on as many sites as available, so as to be able to take advantage of the bonuses that come with that site. Also, there are other promotions such as loyalty rewards which these sites use to reward loyal customers too.
NEW BETTING SITES IN AUSTRALIA
You should be wary of the fact that there are now new sites entering the market and trying to attract customers. While this may be a good thing as it reduces the monopoly of the market, you should be wary and cautious of it. We have put together a list of best-betting sites to have an account on and we regularly update the list with potentially good sites. You can also check out other reviews from fellow punters to know their thoughts on different betting-sites before you finally decide to sign up with anyone.