Last updated on: September 25th, 2024
Legal Sports Betting In Australia
Legal AUS sports betting sites are alive and well and are a huge part to the lifestyle in the country. You have several AUS legal sports betting sites to choose from. As for the sports betting laws, they differ throughout each state, however, some online sportsbooks that accept Australia residents such as Bovada do not have to follow those regulations as they are licensed by themselves. As the legal sports betting market in Australia continues to change, we’ll make sure to cover it all right here for you. Right now, we’ll get into the legality of sports betting in Australia, where you can bet, what you can bet on, and much more.
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Legality Of Sports Betting In Australia
The legality of sports betting in Australia weighs heavily with The Interactive Gambling Act (2001) which was passed by the Parliament of Australia on 28 June 2001. Currently, this Act is the mainstay behind all betting action in the country. Essentially, the laws are in place for the sportsbooks and casinos rather than the bettors. There are no real laws pertaining to what gamblers take part in these types of businesses. Licensed online sports betting sites are highly prevalent amongst bettors in Australia, as there are no laws that say residents cannot use these AUS legal sports betting sites and they offer more than that of homegrown sportsbooks.
However, the licensing laws for the country itself vary from state to state. Online mobile sports betting in Australia is allowed and is not prohibited by the IGA if all wagers are placed before the start of any match. This rule is what makes live in-game wagers nonexistent for sports betting operators in the land down under. Australia holds a ban on live in-game betting in the country and many lawmakers have been trying to get this ban lifted. Offshore internet sportsbooks still allow Aussies to take part in this feature on their websites despite the law. The Interactive Gambling Act authorizes sports betting, racing, and lotteries only. Companies will be prohibited from what they are allowed to offer players in terms of legal sports betting in Australia but again these differ on a state to state basis.
Rugby And Aussie Rules Betting In Australia
Two of the biggest sports at betting sites in Australia are Aussie Rules and Rugby and both of them have major leagues throughout the country. With them being some of the biggest sports in the country, it makes sense that you can find plenty of betting odds on them. Some of the odds that you’ll be able to find include futures odds, gamelines, game props, and more. Some odds for both sports can be found here.
Australia Info | |
Status: | Licensed and legal to operate |
Retail: | Yes |
Online: | Yes |
Min Age: | 18+ |
Restrictions: | Live Betting |
Popular Sports: | Soccer, cricket, tennis, and American football |
Is Online Sports Betting Legal In Australia?
Yes, sports betting is legal in Australia and players have many choices for online sportsbooks. The Interactive Gambling Act of 2001 (IGA) determined that online gambling is legal, but it is illegal for gaming companies to advertise “real money” online gambling services to Australian residents. The way these laws are written ensures that they will target betting providers rather than individual bettors themselves. You will find betting sites Australia that are both domestic and international, as well as other types of gambling sites. The legality of online sports betting means that there is a good deal of variety in sports betting providers, which is great for gamblers looking to shop lines and maximize their potential payouts.
How To Bet On The Super Bowl In Australia
Using Super Bowl betting sites is as simple as typing in a web address onto the web browser of your mobile device. Online sportsbooks host betting lines for sports bettors in Australia that allow them to bet on their favorite sport from anywhere. Australia bettors can bet on their team to win the Super Bowl anytime anywhere, making the need to travel to a retail sportsbook unnecessary. In addition, Australian players are able to wager on player props and special non-game props like betting on the national anthem length or the color of the Gatorade poured on the winning coach. The options are seemingly endless when betting on the Super Bowl in Australia.
Betting With Bitcoin In Australia
One major selling point about Australia legal sports betting sites is that you can use Bitcoin and other forms of cryptocurrency to bet on all of your favorite sports. The great thing about being able to bet with cryptocurrency is that it is one of the fastest financial methods on these sites with quick processing times, no deposit fees, and the ability to link your crypto wallets to your accounts. Some of the cryptocurrencies that you’ll be able to bet with are:
Australia Sports Betting Markets
If looking for legal sports betting in Australia, look towards the five largest cities:
- Sydney
- Melbourne
- Brisbane
- Perth
- Adelaide
As there are regional differences in taste, Australian sports betting sites don’t offer the same variety of sports to bet on as conventional American sportsbooks. In Australia, the most popular sports to bet on include Australian Rules football, American football, cricket, and basketball. The Australian Football League is the most popular sporting league in the country, but even it pales in comparison to the following for international contests involving the Australian cricket or football teams. The hugely popular Ashes Test cricket series routinely draws huge interest from Australian bettors, as does the FIFA World Cup. But the most popular event to bet on is the Australian Open, which brings an unprecedented level of star power to Melbourne every year.
Where Australia Sports Betting Revenue Goes
The sports betting revenue from Australian goes back into the country. It is not redistributed to one specific area but used for the overall betterment of the nation. The revenue from AUS legal sports betting sites gets put into the nation’s coffers and is combined with other tax revenue. There is a 10% tax rate currently on all sports betting revenue that comes in.
Australia Sports Betting Demographic
Nearly 4% of the population use gambling sites in Australia; of this 4%, 88% are male, 70% hold down full-time jobs, and 75% are between the ages of 18-49. On average, adults in Australia lose $1,128 through sports betting each year – that number will likely continue to increase with legal AUS sports betting sites becoming more available.
Regulated Online Sportsbooks In Australia
- TAB
- Dabble
- Ladbrokes
- Neds
- WinnersBet
- Moneyball
- BoomBet
- Midasbet
- TopSport
- Picklebet
- VicBet
- Bet365
- Palmerbet
- Bet Right
- Betfair Australia
Countries With Legal Sports Betting
Legal Sports Betting In Australia FAQs
What Are The Best Betting Sites For Those Living In Australia?
For offshore sports betting sites, Bookmaker is the best site accepting players from Australia. The site is licensed in Costa Rica, and anyone that chooses to join them can rest assured knowing they are not taking part in any illegal activity and all of their information is secure. Bookmaker accepts bettors worldwide and has a wide range of sports to bet on, allowing for a much better wagering experience.
Which Banking Methods Are Accepted At Legal Australian Sportsbooks?
Credit cards and debit cards, as well as Paypal, are the accepted forms of deposit for sportsbooks located in Australia. Bank transfers are also allowed but they are not instant. Withdrawal methods for Australian sites include Paypal, Skrill, and credit card associated with a bank account. Processing times, minimums, maximums, and any fees per transaction can be viewed on the sportsbook once you’ve joined. As for offshore sports betting sites like Bookmaker, methods for deposit and withdrawal are the same and include Visa and Mastercard, as well as Skrill and online bank wire transfers. Processing times vary but all banking choices for Bookmaker are free to their sportsbook members. Minimums and maximums will vary as well.
What Does The Future Of Sports Betting Look Like In The Land Down Under?
With Australia being the biggest sports betting country in the world, it’s only natural that the future of sports wagering looks bright. Australia already has internet sports betting available to its residents with the exception of live in-game wagers. All betting on sporting events in the country must occur prior to the start of the match, which makes live bets illegal. However, with all of the internet gambling happening in the country, the next step would be complete legalization of everything that sports wagering entails and that is definitely something that can be seen in the future for Australian bettors to look forward to.
How Old Do You Have To Be To Participate In Legal Sports Betting In Australia?
The legal sports betting age in Australia is 18 and this is the minimum gambling age that sportsbooks will allow to partake in legal sports betting. This is strictly enforced by both physical and online sports betting operations. You will be unable to enter any land-based casino or join an online sportsbook without legal documentation confirming you are of the legal gambling age in Australia. If you are of the legal gambling age then you will gain access to the several sports betting options in the country.
What Currencies Are Accepted By Australian Sportsbooks?
Australia takes many forms of currency for payment and payout purposes. These include the Australian dollar, the American dollar, the British pound, the Euro, and cryptocurrency such as Bitcoin. Any of these may be used when wagering on sports or any type of gambling done in the country.