Online Sports Betting in Australia
Sports betting is one of the most popular forms of gambling in Australia. Throughout the country, it is possible to find several betting houses and all sorts of sports events can be wagered upon, from football to dog racing. Until 1993, the Totalisator Agency Board (TAB) - still the biggest bookmaker in Australia - held the monopoly, but now some international sportsbooks have entered the market, that also offer online sportsbook sites.
|Is online sports betting legal in Australia?||Yes.|
|Are sports betting sites in Australia trustworthy?||Yes.|
|Can I deposit via PaySafeCard/Neteller/BPAY||Yes.|
|Do online sports betting sites accept AUD?||Yes.|
Online Sports Betting Laws in Australia
The regulation of the betting sector in the country is also supervised by the Australia Communications and Media Authority (ACMA), which prescribes that any supplier of online betting opportunities on the Australian market must obtain a proper license. One of the biggest websites operating in Australia is Bet365 Sportsbook, which offers many opportunities and some of the best odds in the market.
However, live-betting is strictly prohibited in the country, under the Interactive Gambling Act 2001 and its latest amendments. According to online sportsbook news in Australia, the Government made this decision at the time because it considered it to be a highly addictive form of betting. However, the authorities are not actively blocking unlicensed bookmakers and Australians are, in fact, placing bets on them as they are far less restricted. This is why the law is likely to change soon.
Online Sports Betting Payment Methods in Australia
There are many possible ways through which bettors can do their money transactions and that are all transparent and reliable. The credit and debit cards of VISA and MasterCard are the most easily accepted, but there are also less conventional ways available. These can be BPAY - and Australian exclusive -, Skrill, Neteller or PaySafeCard.
Online Sports Betting Sites Accepting AUD
Due to the variety of sportsbooks targeting the country, it is possible to find many online sportsbook sites accepting AUD. This allows Australians to bet without paying any conversion fees and to control better their spendings.