Welcome to the best online sports betting guide in Australia. Online gambling is a multifaceted industry. Not only are you able to bet on casino games, but you can participate in sports betting too. The entire betting process is made easy with trusted sportsbooks and online casinos like Betway and Bovegas.
We believe that anyone can be a skilled bettor when they are passionate about sports and if they have the right information on hand. That’s where we come in. With this complete sports betting guide, we explain everything there is to know about sports betting in Australia.
Find out about the different sporting events out there, the kind of bets available for each, and how to read and/or calculate sports betting odds.
Best Sports Betting Sites
Online Betting Page Content
- Popular Sports Betting Events
- Types of Bets at Australian Betting Sites
- Live Sports Betting
- Sports Betting Apps
- Sports Betting vs Casino Gambling
Sports Betting Casinos and Sportsbooks
Sports betting as we know it involves placing wagers on the outcome of a sporting event. The goal in sports betting (as with other forms of gambling) is to win real money. And, there are generally only two outcomes when you place a bet – you either win, or lose.
Companies that offer sports betting facilities are called sportsbooks, sports book casinos, a bookie, a betting agency or a bookmaker. The person participating, or betting (i.e you) is called a bettor or a punter depending on where you live.
There are many sports events available today, and the sport you choose to bet on will depend on your interests. The popular sports that most gambling sites and sportsbooks offer include basketball, football, tennis, horse racing, auto racing, boxing, golf, hockey, baseball, and more.
Rugby: Australians are big on rugby and betting on rugby games are a norm. The Super Rugby League is one of the most watched rugby events in the country and features local teams, as well as rugby teams from other rugby nations like New Zealand, Argentina, and South Africa.
Soccer: Casinos and sportsbooks aren’t offering the full package if there are no soccer betting services offered. Football is one of the most watched outdoor sports in Australia and around the world. The sport is governed by Football Federation Australia (FFA) and some of the popular teams include Sydney FC, Brisbane Roar FC and Perth Glory FC. The Australian Football League (AFL) is the most popular professional men’s league in Australian rules football. The AFL Commission regulates the game in the country and is responsible for everything AFL.
Tennis: Tennis is another great sporting event in Australia. All year round you have the opportunity to bet on ATP and WTP tours, but it’s the major events like the Australian Open that really get people excited. Other major tennis events include the US Open and the French Open.
Cricket: Cricket is great for sports betting because it comes with a wide variety of betting options and events to enjoy all year round. The all year-round cricket events include the ODI series, various test matches, T20 cricket series and many other local competitions. Australian punters make up a big portion of the demographic at sportsbooks, but the sport also draws tons of bettors from Pakistan, India, and the United Kingdom.
Basketball: Basketball is a popular sport in Australia and many other countries.. The NBL is the most popular basketball league in the country and there is a multitude of teams that participate in the league each year with some of the biggest up and coming stars in the sport.
Boxing and MMA: Boxing is another fascinating sport that players like to bet on. Organisations like the Ultimate Fighting Championship (UFC) hold events every year and it is a great opportunity for bettors who enjoy boxing.
Betting on sports can be super overwhelming because there are so many betting options. We’ve shortlisted some of the most commonly offered bets at sportsbooks today.
- Moneyline Bets – Money line bets are perhaps the easiest to make. Here you simply bet on a team or single player/fighter, racer etc. In essence, you just guess who the winner will be.
- Point Spread Bets – With point spread bets, the sportsbook determines an underdog and a favourite as well as the requirements to win. You then decide which of the two will achieve or even surpass the requirement and bet on that.
- Futures – The name of this bet is a good indication of the kind of bet it is. Here you bet on the outcome of an event long before it happens. For example, betting on the winning team in the FIFA World Cup when it begins.
- Prop Bets – Prop bets work a little differently. Here you are not so much betting on the outcome of a sporting event. Instead, you are betting on what may occur during. So, using the previous example, instead of betting that a specific team will win, you are betting that a specific player within a team will score. It doesn’t matter if the scorer’s team loses, what matters is that he actually scored.
Parlay Bets – Parlay betting involves betting on multiple sports events on one slip. The tricky part is getting all your predictions correct for the bet to pay out. While this makes the bet harder to win, it also increases the payout.
Live betting is not as popular in Australia as you would expect, but it does offer a new exciting way to place wagers. Participating in in-play betting has the advantage of making informed decisions while the game is happening. But, Australia doesn’t have traditional live betting like in other countries. You can’t make live bets online; you need to phone the sportsbook and make the wager.
The idea is that you make fewer stupid wagers, but whether this really works in preventing anything is debatable.
Most online sportsbooks today have a corresponding mobile app you can download from the Google Play Store or Apple Store. Sport bet apps make it possible to bet on the go, wherever you are.
Australian punters are lucky as there are a variety of apps available to iOS and Android users. We’ve shortlisted five sportsbooks that offer interactive betting apps:
- Neds (Has great site features and add-ons)
- Bet365 (Offers a variety of sporting events)
- Unibet Australia (Has the best payouts)
- Sportsbet (Offers great live betting services)
- Ladbrokes (User-friendly betting site)
The obvious difference between sports betting and casino games is that one has to do with placing bets on games like slots, video poker and table games while the other is about placing wagers on sports like basketball or tennis.
Another difference is that in online casino games the probability of winning is somewhat known through the house edge imposed on a particular game. In sports betting, the probability of winning is not as definite. You can only estimate what your chances of winning are by calculating the odds, etc. (and the game could still go the other way.)
Start Betting for Real Money
If you would like to get out of the habit of just watching your favorite teams play, and start winning money, then head over to any of the sites we have listed below. With a few simple steps, you will be ready to start placing those wagers and potentially win some money.
Online Betting FAQs
Yes! Sports betting is legal in Oz. In fact, it’s quite popular among those who enjoy gambling.
Yes you can, although not many Australian betting sites offer the opportunity to bet live.
The Australian government does not deduct taxes from revenue collected by gambling, unless you are a professional gambler.
The best betting site in our opinion is Sportsbet. But all the other betting sites we have listed above are super close. Each has its own perks!
Bet365 offers a super interactive sports betting app you can download provided you have a smartphone. It also has some great features to take advantage of.
Yes, they certainly do. Apps offer real money payouts just like the actual sportsbook does.
The easiest bet is probably the moneyline bet. Its straight forward and the probability of winning is split evenly at 50/50.
The concept of rich is relative, but don’t get your hopes up too high. Sports betting isn’t the lottery so don’t expect to win large sums of money in one go. Instead, you can expect to collect gradual wins over time.