This is an informative guide that is going to give you everything you need to know if you are looking to partake in some sports betting in Australia. I’ll show you all about it by providing you with:
Some quick tips for some quick thrills. If you are looking to take your chances with the world’s most popular hobby, and you’re in Australia, you’re going to love this guide. Let’s get into it.
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Gambling has been a staple of our society ever since ancient times. We’ve always been gambling with our money in one way or the other, and sports betting is by far one of the most prominent types of gambling, for a good reason too. If it’s suitable for everyone else, it should be good enough for you too!
Whether you are a fan of your local darts team or you prefer some MMA, there are sports betting options for you.
The main charm of sports betting is its sheer versatility. It comes in all shapes and sizes, for everyone’s pocket and preference. Sports betting is popular because it is as universal as gambling gets.
If you like a particular sport, there is a gambling community that is dead-set and dedicated to it. You can literally bet on anything you want. If you ask, you will likely get custom odds on anything you choose. If you play your cards, or tickets in this case, right, you can get some sweet side cash!
Sports betting is predicting results in sports (or anything else, really) and putting your wager on the outcome you assume will occur. The frequency of sports betting has only been skyrocketing in the past couple of years, especially when it comes to sports seasons.
As stated above, you can place your wager on anything you like. You can get custom odds on elections. If there is a chance in it, you can bet on it.
This is not my cup of tea, to be honest. I don’t like betting on things I don’t know anything about. You should not practice this as well. Always research the matter before placing some real-life money on it!
Getting yourself into sports betting is really quite simple; you just need to know a couple of things. You need to know how betting itself works, and what bets you can place. You need to know the inner workings of the sport you’re willing to bet on. There are not too many things to go over, but there are essential things you should know.
To bet on anything, you need a bookmaker — a bookie, per se. A bookie is going to be taking your wager and giving you your ticket. You give him cash, and he gives you the ticket.
You can only owe money to an illegal bookie, which you should try to stay away from as much as you can. Illegal bookies might accept your wager even if you don’t have any money, considering you are right. If you are not, you’re outbound to a world of hurt. Keep your practices legal!
Sports betting is an extremely popular pastime all around the world.
There are numerous different types of sports betting you can wager your cold hard cash on. It is simple, even if it might look frightening. There are different types of bets you can make, but they all boil down to the same thing. I’ll provide you with the definition of the bet, and then I’ll give you an example. If you don’t understand anything, feel free to leave a comment, and I’ll do my best to answer all of them.
Head To Head
By far, the most popular option when it comes to sports betting in Australia, Head To Head or H2H betting is betting on sports with just two possible outcomes. It is a win/lose type of bet. You can bet on one team or person, and if that person wins or loses, and if you’re right, you’re paid.
Justis Huni is playing Jeff Horn. You’ve bet on Horn. Horn Wins. You win.
Live Betting
Live betting is just what it sounds like. It is the art of betting on a sport or team while the sport or team in question is playing live. This is a tricky one, as live betting is technically not legal in Australia. But if you do it over live telephone overseas, you’re just fine.
A team is playing at the moment. You can place a current bet at that point in time.
Line Betting
Line betting is a form of betting where the bookie handicaps the favoured team or player by using a points margin that makes the chances of the outcome equal.
Imagine Justis Huni is playing against an amateur boxer from nowhere. The bookie will handicap Justis in a manner that makes the outcome of any win theoretically equal, in the eyes of the casino.
Handicap Betting
Handicap betting allows the bookie to handicap a team or player by using a goal or points margin. There are numerous different forms of Handicap betting. The big idea behind it is that it should even up disproportionate contests and, in turn, create more interest in betting on the game.
Imagine Justis Huni is playing against an amateur boxer from nowhere. The bookie will handicap Justis in such a way that it evens the lopsided scores out, and makes the chances of any win equal in the eyes of the casino.
Asian Handicap
An Asian handicap is one of the forms of handicap betting that is made by bookies to eliminate the possibility of a three-way draw.
If you’re betting on a horse race, and by some miracle the three contestants all finish at the exact same time, an Asian handicap will refund your money for you. There are variations of the Asian handicap only limiting to a two-person draw.
Lay Betting
Lay betting is a type of betting that allows you the chance to bet on a person or a team winning on a betting exchange.
If you’re betting on the Big Bash League, and you’re 100% sure that Sydney Sixers won’t make it anywhere, you can bet on it. If you are right, and it gets nowhere, you’re bound to win some nice cash for your psychic troubles!
Tri Bet
A tri bet is a form of margin that the bookie makes three possible outcomes for a match, any match, by using a points or a goal margin.
Justis Huni is playing Jeff Horn again. The three outcomes are Justis Wins, Justis Loses, Justis draws. The odds are placed accordingly.
Multi Bet
A multi bet is not a betting type per se, but a combination of single bets into one big bet.
As you stack bets on top of bets, the odds multiply by themselves. If you’re correct in your assumption, you’re pretty much set. It can earn you a pretty penny, and there is no limit on how much bets you can stack one on top of the other. But if only one single bet from the multi bet fails, the whole ticket fails.
Imagine there are 10 matches the night you have decided to bet on, and you combine the results of all 10, and your assumptions are correct in all 10 cases. All of the odds that you’ve bet on multiply, and you’re entitled to some neat financial compensation.
Half Time Full Time
Half-Time Full-Time betting is a type of betting that is best reserved for sports. It needs you to determine the leading player or team at half time and full time in order to win.
Adelaide United is playing Brisbane Roar FC. Adelaide United is leading at half-time, Brisbane Roar FC wins the game at full-time. If you’ve guessed correctly, you’re in for a win!
Big Win Little Win
Big Win Little Win betting requires you only to select the winner of the game you’re betting on.
Adelaide United is playing Brisbane Roar FC, and Brisbane Roar FC wins. You’ve guessed right, you’re a rich man now.
Correct Score
Correct Score betting is used in soccer, handball, cricket, golf and other sports with points. You must select the correct score that the game is going to end on.
Adelaide United is playing Brisbane Roar FC again, Brisbane Roar FC wins 3-1. If you’ve guessed that Brisbane Roar FC is going to win with 3 goals, you’re entitled to a payout (not related to Adelaide United’s score).
Same Game Multi
A Same Game Multi Bet allows you a combination of singles into a multi, in the same game. There are millions of factors in one game you could be betting on, and this is the type of bet for it.
Adelaide United has lost against Brisbane Roar FC. Now it’s playing Newcastle Jets. You can bet on the score, half-time, full-time, red cards, and anything in between.
Gambling is legal in Australia, but the gambling policy has traditionally been the responsibility of separate states that make up the whole of Australia. Australian gambling laws are the subject of state, not the commonwealth in general.
This means that states and territorial governments regulate and provide their respective gambling services through the ensuring revenue, and their own territorial power.
Since gambling is Australia’s favourite hobby, the commonwealth has taken a more active role when it comes to gambling regulations.
Macau and Las Vegas have nothing on Australia’s gambling habits. An estimated loss of revenue per person is a staggering 990$ per adult, so the commonwealth has decided they have to step in.
This has resulted in a couple of regulations and laws stated by the Commonwealth of Australia.
The adoption of new methods of gambling technologies by the gambling industry and casinos have attracted the eye of the commonwealth, where online gambling has also been subject to some laws and regulations.
The development of this particular niche has had a significant impact on overall gambling legislation and regulations. This has prompted the commonwealth to establish some pretty odd laws, regulations, and practices that make online gambling in Australia a real doozy.
It is entirely reasonable to seek out your hobby from the comfort of your own home, your own sofa, and your own drink. No one can make it like you can, right?
Right! This is the mentality of a lot of Australians, and more people prefer betting from their homes now than ever. Online sports betting is legal in Australia, and some numerous state-licensed sportsbooks are currently in operation.
The tricky part is licensing laws, which vary from state to state. Depending on the state and region you are currently in, some things might be unavailable to you. Sign up promotions may be offered by both the state that the bookie is in and the state the customer is in.
There are only two widespread and definite laws that aren’t interchangeable between states and are definitive in turn. You must be 18 years of age to participate in any form of gambling, and you need to provide proof of identity and age before you attempt to gamble in any Australian casino, online or land-based.
In June 2001, the Commonwealth of Australia’s government passed the Interactive Gambling Act. if you are looking for all of the details.
If you are not looking to read a lot of legal lingo and a lot of complicated details, I’ve got your back. The Interactive Gambling ACT makes it an offence to offer the player money on online gambling services, pokies, poker, casino, or anything.
It applies to the operators and the casinos, regardless of their ownership of the license. If they operate in Australia, this law applies to them, or else the Australian government will blacklist them. It does not really ban anything for the user. It just prohibits the casinos from doing certain things. There is nothing in the Interactive Gambling Act that prohibits an average Australian from gambling online, only the casino for letting him.
Not everything is prohibited under the Interactive gambling act. Sports betting is completely fine if the bet occurs before the start of the event that is the subject of the wager. This is made to crack down on illegal bookies, and save you from a black Mercedes stalking you.
Live betting is not legal in Australia, as it has been stated in the section above. You as a player can avoid this regulation by betting via telephone, and there is nothing that the government can do about it. Bookies are furious about this, as this is the most popular method of gambling. They are fighting to get that segment of the act repealed, but there has been no progress in the situation.
We’re completely done with the legal jargon and the annoyance that the law brings to the table. We need to follow it, but it can get pretty annoying at times.
Now that we are done with that annoying topic, we need to get into some helpful strategies and tactics you should consider employing when you’re playing the sports betting game.
You need to know that sports betting is a game of chance. It is about luck at the end of the day, but that does not give it the exclusivity or purity that you might think. If you think a little bit, give it some thought.
Even if it is basically down to luck, you really can improve your odds if you apply a strategy and remember the golden rules. There is internal knowledge that you can learn by either trial and failure, or me telling you. Trust me, I’ve failed more times than I’d like to admit, but I’ve gained some crucial lessons from those failures.
I’ll walk you through some golden rules and personal tips, to help you along the way.
What You Should Do
Know What You’re Up Against
You can’t just throw your money at the bookie and expect to be living in Beverly Hills the day after, can you? Of course not, you need to do your homework to maximise your chances. Try to learn as much as you possibly can about the sport you’ve decided to bet on. You need to know the ins and outs before you make a bet, to make the best possible decision.
Odds are based on knowledge, and knowledge is money! Be smart. There isn’t any free money in the world. But if you know the know-how, there is easy money.
Know Your Budget
The budget is the driving force behind your betting habits. You should know it at all times, and you should never go above the limit you have set for yourself.
There are no fixed games. There are no sure wins. You need to stick to your budget and be loyal to it, or you’ll end up broke faster than you can write the numbers on the ticket.
An excellent way to manage your funds and your budget is merely opening a separate bank account for your gambling hobby. With this, the bank will prevent you from crossing yourself, even if you fall into the pit of a winning streak.
Strategies Matter
When you’ve picked the choice of your sport, you need to know the know-how. I expect you to do your research and count on it. Once you’ve done it, the only thing that is left to do is to make a strategy.
Strategies might sound a little bit obsolete when you’re betting with a couple of dollars. But if you multiply your bets and if you employ a smart approach, you can turn your dime a dozen in no time.
You can research some amazing betting tactics on the internet, and you can find out more with one quick Google search.
What You Should NEVER Do
Stay Away From Free Money
There is no free money in the world, sadly. It would be fun to get some cash on the side, but to do that through one of your favorite hobbies, betting, for example, you need to be cautious. All casinos will offer you some sort of get rich scheme, even if it is illegal in Australia. You need to be wary and be cautious of this.
Remember, if something sounds too good to be true, it is in most cases. Sadly, the only way a casino can gain any money is if you lose. So even if they might be telling you they care for your wins, it’s the complete opposite. Do not trust them; if you lose, they win.
Stay Away From Fixed Games
This is the most common free money scheme that is everywhere, in every casino, every forum, everything! Fixed games are cancer that is eating the average betters’ pocket by the day. You have heard of that amazing fixed game from the dude in the casino, from the lad on the forum.
Never trust them! The only way a casino can earn any money is through your loss. Always remember to think for yourself, and use your own head!
This has been a comprehensive guide to Aussie gambling. Gambling is Australias’ favourite pastime, and if you play the game right, you can earn some nice extra money on the side. Everyone can enjoy it if they are 18 plus and they offer a form of legislation such as a national ID.
Sports betting is for high stakes players, and for low stakes players. If you employ some nice tactics and strategies, you can maximise the chances of victory.
I’ve always thought people forget about that crucial step. People run into gambling and betting without any prior knowledge about betting, strategies, anything. This is extremely silly, so I’ve decided to help out on the topic.
What’s your game of choice? What’s your favourite type of bet? What’s your unique strategy? I’d love to hear all of this, so leave me a comment, and I’ll do my best to reply to all of them! Best of luck with your betting. And remember, tactics and strategies can take you a long way ahead of your colleagues.
Is it legal to place a sports bet in Australia?