Best 2021 Australian Bookmakers

Sports betting trend is becoming more and more popular in different countries of the world. One country that is quite new to sports betting is Australia. But they are quick to adapt to the trend and learning the art of sports betting. In few years, sports betting have become a pastime for thousands of Australian fans. You will be amazed to know that 80% of Australian adults gamble, this is not what I says but this is what the recent study says.

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...Australia has one of the highest gambling rates in the world. This is enough to establish the fact that Australia has the potential and is all set to take on established players such as US and UK in the gambling world.

Today, online sports betting are not just a pastime but it has transformed into a lucrative industry and business. Aussie bookmakers are leading the pack of online sports bettors. The biggest question that most of sports betting fans will ask is that which is the best online sports betting site? Here is the answer.
Best Australian betting sites
Let’s start with a bad news. All the foreign betting sites are banned in Australia. This leaves fewer options for sports betting fans in Australia especially when you compare it with betting sites options that other country sports betting fans can access.

Thankfully, there are many local sports betting websites and they does a good job to keep the Australian sports betting fans interested and involved in sports betting. You might also come across few foreign bookies that have Australian licenses.
Legality of online sports betting
What unfortunate to know that online sports betting is a grey area when it comes to online casino and digital poker rooms. The Interactive Gaming Act of 2001 passed by the Australian government was to protect this eager-to-bet nation from the effects of gambling issues. Similar to the United States UIGEA Act of 2006, the IGA goes after online gambling service providers. The IGA criminalizes companies that offer online poker and online casino games to Australian citizens. However, it is not a crime for Aussie citizens to deposit and play poker or casino games online.

Although, online sports betting is completely legal, things get a little bit blurred when it comes to online casino gaming and online poker. You will be amazed to know that some of the largest online bookmakers in the world are licensed and based in Australia.
Like the United Kingdom, Aussie online bookmakers are regulated strictly by the government to prevent any mishap, creating some of the most trusted and efficient online bookmakers in the world. Sportsbooks licensed in Australia are free to accept gamblers from across the world as well, helping to grow the industry on a global scale.
Deposit options
The first thing that pops up in your mind after signing up for a sports betting website is the deposit options and how you will deposit money to the bookmakers. Here are some good news for Australian sports betting fans. The chances of their credit card transactions being rejected are rare. This means that you can quickly and easily deposit money through a credit card.

Wide ranges of e-wallet services are available in Australia such as Skrill, Neteller, Poli and many more. You can also take advantage of wire transfer to deposit money into bookmarker account. What’s more, the money you deposit is available instantly to be used for betting purposes.

Similar to deposits, Withdrawals are simpler for customers as well, in most cases these will be processed within few hours. Customers can cash out using the e-wallet they deposited in, receive a paper check, a bank wire, or choose from a multitude of other options.
Choosing the right bookmaker in Australia
The Australian online bookmaker you choose can be determined by a number of factors. All Aussie online bookmakers will offer odds on Rugby Union, Rugby League, V8 Supercars, A-League Football, Aussie Rules, and Cricket. As mentioned before, since Aussie bookmakers are so large and Australians love to gamble so much, online bookmakers will most likely have odds on almost every sport in the world, including even those obscure or hard to find events.

Similar to other bookmakers in different parts of the world, Australian online bookmakers offer deposit bonuses for new players. These deposit bonuses can go up to $1000 AUD. However, in some states in Australia such as Victoria, deposit bonuses and free bets have been suspended for Australian citizens. The government decided to do this to protect citizens from reckless or unsafe gambling. If a deposit bonus is a must have for you as a player, be sure to check your prospective online bookmaker and local laws to make sure this offer is available.

Australian law does not allow live betting for Australian citizens so even prominent Australian online bookmakers does not allow their countrymen to wager on-the-fly. Though, half-time odds will still be available for most events. Also, depending on the state, this ban can extend to the use of betting exchanges. Once again check the laws and do your research before depositing, if this is important to you.
Sports betting taxes
If you win in online sports betting, you will not be taxed in Australia, which is a big bonus. The Aussie government considers all gambling winnings luck and assumes most people lose at gambling so therefore it is not taxed. The Australian government does not even recognize gambling as a profession, even gamblers with massive profits are just considered hobbyists.
Australians are the biggest gamblers on the planet with an average of $7,000 AUD per adult being wagered in casinos and online bookmakers each year. Sports betting has become a regular fixture in Australian life, with countless homegrown online bookies and the world’s largest betting population, you can be sure online sports betting will continue to grow in Australia.
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