Spread Betting Australia
🔞 ALL INFORMATION CLICK HERE 👈🏻👈🏻👈🏻
Spread Betting Australia
Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.
By using this website, you agree with our use of cookies to improve its performance and enhance your user experience. More info in our
cookies policy page.
There are few, if any, countries that love to bet like Australia. Some reports state that Australians gamble more than anyone else in the world.
Online betting has caught on big however and this article will provide you a guide to sports betting in a country that has many options. You will definitely find here the best sportsbook in Australia for your needs.
Betting in Australia started as soon as the British settlers arrived over 200 years ago.
As far back as 1810, there was gambling on horse racing in Sydney, and this continued to grow throughout the decades.
The growth of the horseracing industry played a big part. The Melbourne Cup was established in 1861 and quickly became, and remains to this day, one of the most prestigious and important races in the world.
The history of legal regulation in the country shows that it has developed on a state by state basis rather than a nationwide one. There are different rules in different parts of the country. But overall there are no major differences.
Much of it comes when in history the respective states allowed different forms of gambling.
Biggest gamblers in the world. 5% of the global online gambling share is Australia
Wide and varied sporting scene on which to bet
Different regions prefer different sports
Almost half of Aussie adults gamble every month
In the 90s, Australians were said to spend the most on gambling per person in the world at around $1,300 a year, which means that foreign sites have targeted the country.
And there have been laws put in place to regulate some of these sites. There have been a number of laws introduced in recent years to deal with the growth of online betting sites in Australia.
But there is nothing stopping Australians spending money on international websites that cater to them. And given the money Aussie gamblers spend, there are a lot of sites that target the market down under.
There is a whole host of betting websites in Australia. And the choice can be bewildering.
Fortunately, the competitiveness of the market ensures some degree of quality as you look for a sportsbook in Australia that works for you. The questions to think about are whether you prefer to gamble on Australian sports which may lead you to the Australian betting sites.
Or you prefer to look at more international sports such as the English Premier League. Then there are lots of international sites that cater to the Australian market.
Some of the international bookmakers that have entered the market should be familiar to all gamblers.
Betfair is a well-known bookmaker coming out of the UK. It has been in Australia since 2005 and is well-established with its popular peer-to-peer betting exchange and often with excellent odds.
Unibet has been around since 2012 and then there is Bet365. Throw in BetEasy and SportsBet and there are lots of solid sites around.
Almost all Australian betting agencies offer promotions and bonuses to new bettors. And live betting is popular with some sites offering an excellent experience in this regard.
Given that the country is such a leading nation in the world of gambling, it has embraced mobile betting which has been aided by the spread and improvement in mobile technology. While not all betting agencies in Australia have mobile apps, they usually offer excellent mobile online experiences.
Most, if not all, of Australian bookies offer special promos and offers such as free bets. Live betting is a big deal with bookies offering in-game odds and streaming services of various sports. But the market is also a good one for international sports. And the time differences mean that, for Australian gamblers, the Asian market is interesting.
There are new names springing up all the time. Some of them now challenge the best bookmakers in Australia. It’s worth checking them out – they have to provide plenty of promotions and bonuses to entice punters to leave their tried and trusted destinations. The customer service also tends to be better than average.
It is worth keeping an eye out on the new sites that pop up. In recent times, the likes of Draftstars, PlayUp and revitalised SportsBetting.com.au have sprung up to become some of the best betting sites in Australia.
Draftstars features sportsbooks on Australian sports including Aussie Rules Football. Perhaps as it is a new site, it offers larger odds than many of its competitors with a generous loyalty program and has also been traditionally strong on American sports.
PlayUp offers a wide range of sports betting markets and is strong on international soccer. You can bet on anything from the Belarus Cup Final to the second division in South Korea.
SportsBetting.com.au is not exactly a new name. It started back in 1998 making it one of the oldest online bookies anywhere. But there was a change of owner in 2017 and they mean it is essentially a new player. What is interesting is that it doesn’t offer any sign-up promotions or bonuses.
Instead it pushes itself as a no-frills, no-gimmicks site that offers excellent fixed odds and very good customer service. It’s also good for horse racing.
Of all Australian sports betting, horse racing is so popular that there are lots and lots of good sites around that offer a solid service. The aforementioned SportsBetting.com.au has good odds and plenty of options.
The likes of Bet365 and Unibet are both popular with competitive odds on horse-racing from both inside Australia and outside.
Beteasy is a leader in online betting in Australia however and does enjoy an advantage over its rivals.
The company has a complex history. But it has an Australian background. The mobile experience on both the web and the app is excellent, smooth and fast.
The best thing about Beteasy is that it has a deal where it has the rights to show live horse racing online. The bookie shows every race in Australia whenever and wherever it takes place. There are also races from the UK, Hong Kong, the USA and elsewhere in the world.
There are lots of different kinds of bets and protest payouts are offered. This means if your horse wins but a protest takes the victory away, you still get your winnings.
A downside is that there have been reports of the site cutting your betting limits if you are on something of a roll. But overall the feedback is excellent.
There are lots of different ways to deposit money in betting accounts in Australia.
There has been talk of following the UK and not allowing punters to bet with credit cards but debit cards only. This is because you can borrow money to bet with credit cards while debit cards are linked directly to the money in your bank account.
There are also a number of well-used e-wallet accounts with Skrill and Paypal. Neteller is less common but in use in a few places. It is also possible to enter the many betting firms in the country and top up accounts using cash.
Skrill is one of the better e-wallets in Australia. No charges for receiving money but a 1.9% fee for sending. Used to be known as moneybookers. The more money you spend over time, the smaller the fees become.
The world’s most famous e-wallet. Easy to use and widely accepted by Australian bookies. Paypal will also automatically transfer funds from your card to place a bet. The mobile app works well and quickly.
Visa/Mastercard Credit cards are known around the world, accepted pretty much everywhere and easy to use with no fees.
Hey everyone, I’m Konstantin Terekhin. Being actively involved in sports predictions since my teenage years because of my father's prolonged betting career, I completed a 1-year apprenticeship as a customer support communicator and then worked for 2 years at different worldwide bookmaking companies taking various customer specialist roles.
Now, serving as a Head Support Service at the company I cannot mention, I was invited to test, tweak, and assess a range of bookmaking apps and post my unbiased reviews on MightyTips. Well, I accept the challenge!
Hope you'll find use in my writings. Good luck with your bets!
Our football tips are made by professionals, but this does not guarantee a profit for you. We ask you to bet responsibly and only on what you can afford. Please familiarise yourself with the rules for better information. 18+only
Spread Betting - FXCM Australia
Australian Betting Sites | Experienced Gamblers Tested Bookie List 2021
Spread betting - Wikipedia
Australia NPL Leagues Spread Betting | Football Betting | Sporting Index
Australia 200 Stock Market Index Spread Betting
From Wikipedia, the free encyclopedia
^ The Sunday Times : "World Cup to kick off boom in spread betting"
^ "The perils of spread-betting" . The Times . Sep 20, 2007. Archived from the original on July 19, 2008.
^ "Gambling Commission - Home" . www.gamblingcommission.gov.uk .
^ Gambling Times: What are the Odds? Archived 2011-02-04 at the Wayback Machine
^ The Sunday Times: Spread betting
^ "Income Tax – Assessable income derivation of income – spread betting" . Australian Government ATO. 3 March 2010 . Retrieved 26 January 2011 .
^ Budworth, David. "Spread-betting fails investors in trouble" . thetimes.co.uk . Retrieved 11 October 2013 .
^ Pfanner, Eric. "Spread-bets on Cup venture into bizarre - Technology - International Herald Tribune" . The New York Times . Retrieved 11 October 2013 .
^ Rayman, Richard. "White Paper on Spread Betting" (PDF) . Cass Business School . Retrieved 11 October 2013 .
Spread betting is any of various types of wagering on the outcome of an event where the pay-off is based on the accuracy of the wager, rather than a simple "win or lose" outcome, such as fixed-odds (or money-line) betting or parimutuel betting .
A spread is a range of outcomes and the bet is whether the outcome will be above or below the spread. Spread betting has been a major growth market in the UK in recent years, with the number of gamblers heading towards one million. [1] Financial spread betting (see below) can carry a high level of risk if there is no "stop". [2] In the UK, spread betting is regulated by the Financial Conduct Authority rather than the Gambling Commission . [3]
The general purpose of spread betting is to create an active market for both sides of a binary wager , even if the outcome of an event may appear prima facie to be biased towards one side or the other. In a sporting event a strong team may be matched up against a historically weaker team; almost every game has a favorite and an underdog . If the wager is simply "Will the favorite win?", more bets are likely to be made for the favorite, possibly to such an extent that there would be very few betters willing to take the underdog.
The point spread is essentially a handicap towards the underdog. The wager becomes "Will the favorite win by more than the point spread?" The point spread can be moved to any level to create an equal number of participants on each side of the wager. This allows a bookmaker to act as a market maker by accepting wagers on both sides of the spread. The bookmaker charges a commission , or vigorish , and acts as the counterparty for each participant. As long as the total amount wagered on each side is roughly equal, the bookmaker is unconcerned with the actual outcome; profits instead come from the commissions.
Because the spread is intended to create an equal number of wagers on either side, the implied probability is 50% for both sides of the wager. To profit, the bookmaker must pay one side (or both sides) less than this notional amount. In practice, spreads may be perceived as slightly favoring one side, and bookmakers often revise their odds to manage their event risk.
One important assumption is that to be credited with a win, either team only needs to win by the minimum of the rules of the game, without regard to the margin of victory. This implies that teams in a winning position will not necessarily try to extend their margin—and more importantly, each team is only playing to win rather than to beat the point spread. This assumption does not necessarily hold in all situations. For example, at the end of a season, the total points scored by a team can affect future events such as playoff seeding and positioning for the amateur draft, and teams may "run up" the score in such situations. In virtually all sports, players and other on-field contributors are forbidden from being involved in sports betting and thus have no incentive to consider the point spread during play; any attempt to manipulate the outcome of a game for gambling purposes would be considered match fixing , and the penalty is typically a lifetime banishment from the sport; such is the lack of tolerance for manipulating the result of a sporting event for such purposes.
Spread betting was invented by Charles K. McNeil , a mathematics teacher from Connecticut who became a bookmaker in Chicago in the 1940s. [4] In North America , the gambler usually wagers that the difference between the scores of two teams will be less than or greater than the value specified by the bookmaker , with even money for either option. An example:
Spreads are frequently, though not always, specified in half-point fractions to eliminate the possibility of a tie, known as a push . In the event of a push, the game is considered no action , and no money is won or lost. However, this is not a desirable outcome for the sports book, as they are forced to refund every bet, and although both the book and its bettors will be even, if the cost of overhead is taken into account, the book has actually lost money by taking bets on the event. Sports books are generally permitted to state "ties win" or "ties lose" to avoid the necessity of refunding every bet.
Betting on sporting events has long been the most popular form of spread betting. Whilst most bets the casino offers to players have a built in house edge, betting on the spread offers an opportunity for the astute gambler. When a casino accepts a spread bet, it gives the player the odds of 10 to 11, or -110. That means that for every 11 dollars the player wagers, the player will win 10, slightly lower than an even money bet. If team A is playing team B, the casino is not concerned with who wins the game; they are only concerned with taking an equal amount of money of both sides. For example, if one player takes team A and the other takes team B and each wager $110 to win $100, it doesn't matter what team wins; the casino makes money. They take $100 of the $110 from the losing bet and pay the winner, keeping the extra $10 for themselves. This is the house edge. The goal of the casino is to set a line that encourages an equal amount of action on both sides, thereby guaranteeing a profit. This also explains how money can be made by the astute gambler. If casinos set lines to encourage an equal amount of money on both sides, it sets them based on the public perception of the team, not necessarily the real strength of the teams. Many things can affect public perception, which moves the line away from what the real line should be. This gap between the Vegas line, the real line, and differences between other sports books betting lines and spreads is where value can be found.
A teaser is a bet that alters the spread in the gambler's favor by a predetermined margin – in American football the teaser margin is often six points. For example, if the line is 3.5 points and bettors want to place a teaser bet on the underdog, they take 9.5 points instead; a teaser bet on the favorite would mean that the gambler takes 2.5 points instead of having to give the 3.5. In return for the additional points, the payout if the gambler wins is less than even money , or the gambler must wager on more than one event and both events must win. In this way it is very similar to a parlay . At some establishments, the "reverse teaser" also exists, which alters the spread against the gambler, who gets paid at more than evens if the bet wins.
In the United Kingdom , sports spread betting became popular in the late 1980s by offering an alternative form of sports wagering to traditional fixed odds , or fixed-risk, betting. With fixed odds betting , a gambler places a fixed-risk stake on stated fractional or decimal odds on the outcome of a sporting event that would give a known return for that outcome occurring or a known loss if that outcome doesn't occur (the initial stake). With sports spread betting, gamblers are instead betting on whether a specified outcome in a sports event will end up being above or below a ‘spread’ offered by a sports spread betting firm, with profits or losses determined by how much above or below the spread the final outcome finishes at.
The spread on offer will refer to the betting firm's prediction on the range of a final outcome for a particular occurrence in a sports event, e.g., the total number of goals to be scored in a football (US: soccer) match, the number of runs to be scored by a team in a cricket match or the number of lengths between the winner and second-placed finisher in a horse race.
The gambler can elect to ‘buy’ or ‘sell’ on the spread depending on whether they think the final outcome will be higher than the top end of the spread on offer, or lower than the bottom end of the spread. The more right the gambler is then the more they will win, but the more wrong they are then the more they can lose.
The level of the gambler's profit or loss will be determined by the stake size selected for the bet, multiplied by the number of unit points above or below the gambler's bet level. This reflects the fundamental difference between sports spread betting and fixed odds sports betting in that both the level of winnings and level of losses are not fixed and can end up being many multiples of the original stake size selected.
For example, in a cricket match a sports spread betting firm may list the spread of a team's predicted runs at 340 – 350. The gambler can elect to ‘buy’ at 350 if they think the team will score more than 350 runs in total, or sell at 340 if they think the team will score less than 340. If the gambler elects to buy at 350 and the team scores 400 runs in total, the gambler will have won 50 unit points multiplied by their initial stake. But if the team only scores 300 runs then the gambler will have lost 50 unit points multiplied by their initial stake.
It is important to note the difference between spreads in sports wagering in the U.S. and sports spread betting in the UK. In the U.S. betting on the spread is effectively still a fixed risk bet on a line offered by the bookmaker with a known return if the gambler correctly bets with either the underdog or the favourite on the line offered and a known loss if the gambler incorrectly bets on the line. In the UK betting above or below the spread does not have a known final profit or loss, with these figures determined by the number of unit points the level of the final outcome ends up being either above or below the spread, multiplied by the stake chosen by the gambler.
For UK spread betting firms, any final outcome that finishes in the middle of the spread will result in profits from both sides of the book as both buyers and sellers will have ended up making unit point losses. So in the example above, if the cricket team ended up scoring 345 runs both buyers at 350 and sellers at 340 would have ended up with losses of five unit points multiplied by their stake.
In addition to the spread bet, a very common "side bet" on an event is the total (commonly called the over/under or O/U ) bet. This is a bet on the total number of points scored by both teams. Suppose team A is playing team B and the total is set at 44.5 points. If the final score is team A 24, team B 17, the total is 41 and bettors who took the under will win. If the final score is team A 30, team B 31, the total is 61 and bettors who took the over will win. The total is popular because it allows gamblers to bet on their overall perception of the game (e.g., a high-scoring offensive show or a defensive battle) without needing to pick the actual winner.
In the UK, these bets are sometimes called spread bets, but rather than a simple win/loss, the bet pays more or less depending on how far from the spread the final result is.
Example: In a football match the bookmaker believes that 12 or 13 corners will occur, thus the spread is set at 12–13.
In North American sports betting many of these wagers would be classified as over-under (or, more commonly today, total ) bets rather than spread bets. However, these are for one side or another of a total only, and do not increase the amount won or lost as the actual moves away from the bookmaker's prediction. Instead, over-under or total bets are handled much like point-spread bets on a team, with the usual 10/11 (4.55%) commission applied. Many Nevada sports books allow these bets in parlays , just like team point spread bets. This makes it possible to bet, for instance, team A and the over , and be paid if both
(Such parlays usually pay off at odds of 13:5 with no commission charge, just as a standard two-team parlay would.)
The mathematical analysis of spreads and spread betting is a large and growing subject. For example, sports that have simple 1-point scoring systems ( e.g., baseball , hockey , and soccer ) may be analysed using Poisson and Skellam statistics.
By far the largest part of the official market in the UK concerns financial instruments; the leading spread-betting companies make most of their revenues from financial markets, their sports operations being much less significant. Financial spread betting in the United Kingdom closely resembles the futures and options markets, the major differences being
Financial spread betting is a way to speculate on financial markets in the same way as trading a number of derivatives . In particular, the financial derivative Contract for difference (CFD) mirrors the spread bet in many ways. In fact, a number of financial derivative trading companies offer both financial spread bets and CFDs in parallel using the same trading platform.
Unlike fixed-odds betting, the amount won or lost can be unlimited as there is no single stake to limit any loss. However, it is usually possible to negotiate limits with the bookmaker:
Spread betting has moved outside the ambit of sport and financial markets (that is, those dealing solely with share, bonds and derivatives), to cover a wide range of markets, such as house prices. [5] By paying attention to the external factors, such as weather and time of day, those who are betting using a point spread can be better prepared when it comes to obtaining a favorable outcome. Additionally, by avoiding the favourite-longshot bias , where the expected returns on bets placed at shorter odds exceed that of bets placed at the longer odds, and not betting with one's favorite team, but rather with the team that has been shown to be better when playing in a specific weather condition and time of day, the possibility of arriving at a positive outcome is increased.
In the UK and some other European countries the profit from spread betting is free from tax. The tax authorities of these countries designate financial spread betting as gambling and not investing, meaning it is free from capital gains tax and stamp duty , despite the fact that it is regulated as a financial product by the Financial Conduct Authority in the UK. Most traders are also not liable for income tax unless they rely solely on their profits from financial spread betting to support themselves. The popularity of financial spread betting in the UK and some other European countries, compared to trading other speculative financial instruments such as CFDs and futures is partly due to this tax advantage. However, this also means any losses cannot be offset against future earnings for tax calculations.
Conversely, in most other countries financial spread betting income is considered taxable. For example, the Australian Tax Office issued a decision in March 2010 saying "Yes, the gains from financial spread betting are assessable income under section 6-5 or section 15-15 of the ITAA 1997". [6] Similarly, any losses on the spread betting contracts are deductible. This has resulted in a much lower interest in financial spread betting in those countries.
Suppose Lloyds Bank is trading on the market at 410p bid, and 411p offer. A spread-betting company is also offering 410-411p. We use cash bets with no definite expiry , or "rolling daily bets" as they are referred to by the spread betting companies.
If I think the share price is going to go up, I might bet £10 a point ( i.e., £10 per penny the shares moves) at 411p. We use the offer price since I am "buying" the share (betting on its increase). Note that my total loss (if Lloyds Bank went to 0p) could be up to £4110, so this is as risky as buying 1000 of the shares normally.
If a bet goes overnight, the bettor is charged a financing cost (or receives it, if the bettor is shorting the stock). This might be set at LIBOR + a certain percentage , usually around 2-3%.
Thus, in the example, if Lloyds Bank are trading at 411p, then for every day I keep the bet open I am charged [taking finance cost to be 7%] ((411p x 10) * 7% / 365 ) = £0.78821 (or 78.8p)
On top of this, the bettor needs an amount as collateral in the spread-betting account to cover potential losses. Usually this is either 5 or 10% of the total exposure you are taking on but can go up to 100% on illiquid stocks. In this case £4110 * 0.1 or 0.05 = £411.00 or £205.50
If at the end of the bet Lloyds Bank traded at 400-401p, I need to cover that £4110 – £400*10 (£4000) = £110 difference by putting extra deposit (or collateral) into the account.
The punter usually receives all dividends and other corporate adjustments in the financing charge each night. For example, suppose Lloyds Bank goes ex-dividend with dividend of 23.5p. The bettor receives that amount. The exact amount received varies depending on the rules and policies of the spread betting company, and the taxes that are normally charged in the home tax country of the shares.
According to an article in The Times dated 10 April 2009, approximately 30,000 spread bet accounts were opened in the previous year, and that the largest study of gambling in the UK on behalf of the Gambling Commission found that serious problems developed in almost 15% of spread betters compared to 1% of other gambling. [7] A report from Cass Business School found that only 1 in 5 gamblers ends up a winner. [8] As noted in the report, this corresponds to the same ratio of successful gamblers in regular trading. [9] Evidence from spread betting firms themselves actually put this closer to being 1 in 10 traders as being profitable. [ citation needed ]
Blacked Hardcore Sex
Indian School Girls Nude
Boy Private
Overwatch Tentacles Porn
Indian Sex Massage
