There are a number of things to look for when selecting a sports bettings site in Australia. This includes being licensed by the NT Racing Commission, offering multi-bet features, and having a good customer base. If you don’t have the time to vet each site, you can always turn to a review site for an impartial opinion.
Licensed by the NT Racing Commission
A leading esports betting operator, Rivalry, has been awarded a licence from the Northern Territory Racing Commission (NTRC). The licence marks the company’s first market launch under the NRC’s regulation and is an important milestone in the company’s growth strategy. Australia is the world’s largest per capita sports betting market, and the country also has a large and growing esports audience.
The Northern Territory Racing Commission (NTRC) overseas betting operations in the territory and has recently issued a draft regulatory framework on cryptocurrency. Although it originally advised betting operators not to use cryptocurrencies for betting, it has now reconsidered this decision in light of recent volatility.
Offers multibet features
The best sports betting sites in Australia don’t just offer welcome bonuses. There are many ongoing promotions that the betting sites also offer. If you are a regular customer, you won’t want to miss out on the latest offers. Look for the multibet feature on Australian betting sites. These features allow you to place bets on several events at once.
Multibets are often referred to as accumulators or parlays. They have many advantages over straight-up betting, not the least of which is bigger winning potential. However, it’s important to note that all of the legs of the multibet must win to win, so losing one leg can wipe out the entire bet.
Has a good customer base
The sports betting market in Australia is thriving and the country is home to several reputed sports betting sites. The most popular sports include Rugby, AFL, Cricket, NRL and Horse Racing. Aside from these, other popular sports include eSports, Golf and NBA. However, not all sports are available at all betting sites.
Palmerbet is a popular Australian sportsbook with good odds, plenty of markets, and regular promotions. Another sportsbook is Midasbet, which was launched in 2012. This website boasts an excellent mobile app and a dynamic sportsbook. PlayUp also offers competitive odds and a wide range of markets.
Is licensed by the Australian Bookmakers Association
The Australian Bookmakers Association represents the interests of the bookmaker industry. It encourages member companies to uphold a high standard of ethics, client confidentiality, and customer loyalty. The organisation also acts as the liaison between the bookmaker industry and controlling authorities, including the Australian government. The association also maintains a code of conduct for licensed bookmakers in Australia. It helps ensure that bookmakers adhere to the guidelines laid out in this code.
In Australia, online sports betting is legal for people of gambling age. This age is determined by state law. Bookmakers that offer gambling to underage people face severe penalties. Australian bookmakers are regulated by the government, which taxes them accordingly.