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The best sites for live betting in Australia allow you to gamble on sporting events that have already begun. Odds constantly change based on in-game situations, which adds to the excitement. Cash out, live streaming, and other features add to the user experience.
Our guide explains how in-play betting works and the best sites for this form of gambling. We will also outline how to earn free bets, price boosts, and other rewards.
Live Sports Betting in Australia: What is it and How Does it Work?
Also known as in-play, live betting involves gambling on an event that has already started. Live bets can be placed throughout the duration of the event. Odds change based on what is occurring on the field, court, or track, as well as by bets placed by others.
The number of in-play markets depends on the profile of the event and the sport in question. Soccer fans can bet on everything from half-time/full-time and the total number of corners to the last goalscorer and total goals.
Live Betting vs Pre-Game Betting
A live betting site in Australia will likely also feature pre-game markets. Pre-game bets are confirmed before the event starts, in contrast to live betting, where gambling takes place throughout the event.
When browsing live markets, a goal may have already been scored in a soccer match, a set won in tennis, or a flurry of birdies recorded in a golf tournament. In-play odds are constantly changing, whereas prices on pre-game markets will remain relatively consistent.
Is Live Betting Legal in Australia?
Based on regulations under the Australian Interactive Gambling Act 2001 (IGA), it is prohibited to promote or provide real money gambling. This includes live betting online in Australia, as well as online pokies and more. The law must be followed by all operators, even if they are not licensed in Australia.
Despite this, there is nothing stopping residents betting online through offshore sportsbooks. It seems most operators are not aware of legislation set by the IGA. Either that or they simply choose to ignore it. While no Australian bookies offer live betting, plenty of international operators do.
Features Available on Live Betting Sites
There are many features that add to the user experience when you visit live betting sites in Australia. The features listed below are not available on all sites, but they can boost your chances of success.
Joe YarnoldCasino & Betting Expert
Pros and Cons of Live Betting Online in Australia
There are both benefits and limitations of in play betting in Australia. Based on our own experiences with this form of gambling, we have listed the standout pros and cons below.
Pros
- Trigger promotions exclusive to live betting
- Chances to quickly take advantage of value odds
- Live betting markets offer a greater range of bet types
- You have the ability to place bets based on in-game information
- Extensive coverage of soccer, cricket, and other popular Aussie sports
Cons
- The need for quick decisions makes responsible gambling more difficult
- Markets are regularly suspended
Live Betting Odds
Understanding the odds on a live betting site in Australia is a must. Prices differ from pre-game markets, which are fixed. In-play odds fluctuate as events play out. Despite this, principles regarding odds remain the same. There will generally be a favorite and an outsider.
For example, you could find Novak Djokovic priced at 1.03 to beat a wildcard at the Australian Open. The underdog would likely be priced around 50.00. You can view odds in decimal, fractional, and American formats. A $10 bet on Djokovic would result in a profit of just $0.30. This is compared to $490 for the outsider.
Popular Live Betting Markets
Live betting Australia markets are specific to particular sports. However, there are some that are found across most disciplines. These are some of the markets you can expect to find on our recommended sites.
- Match Winner – A simple bet on which team or player will win the event. For example, the Brisbane Lions to beat Collingwood in the AFL.
- Next Scorer – Which team or player will add to the scoreboard next. New Zealand to score the next try against South Africa in Rugby Union for example.
- Total Points – The total number of goals, points, or runs scored at the end of the event. For example, over 550 runs in an ODI between Australia and India.
- Handicap – Betting on whether a team/player will win or lose by a specific margin. For example, Arsenal to beat West Ham United at -2.5 goals.
- First to – Which team or player will be the first to reach a specific amount of goals, points, or runs. This is common among live eSports markets.
- Correct Score – A wager on the exact scoreline at the end of the event. Carlos Alcaraz to win by 3 sets to 1 against Nick Krygios.
- Half Time/Full Time – The result at both half-time and full-time. You must predict both correctly for your bet to win.
- Props – In-play player or team props. For example, Harry Kane to score 2+ goals for England or France to score 50+ points in the Six Nations against Italy.
Best Sports to Place Live Bets On
The majority of sports are compatible with live betting online in Australia. Some are more prevalent than others, with the following the most popular.
Live Betting Apps Online
Live online sports betting in Australia is possible on mobile devices. All of our recommended sites are fully optimized for mobile use. Selected brands offer a native app that can be downloaded onto your smartphone or tablet.
On iOS, Android, and Windows, live betting apps are faster and easier to use. This gives you instant access to in-play markets, something that is vital due to the ever-changing odds. However, apps will take up valuable storage space on your device and require regular updates.
Bonuses Available on Live Betting Sites in Australia
Partaking in Australia live betting puts you in a position to claim multiple bonuses and rewards. Each promotion comes with unique terms and conditions, including minimum deposit, expiration, and eligible markets. These are the most common bonuses when you place in-play bets.
- Welcome Bonus – Sportsbooks offer you an incentive to sign up by offering a welcome bonus. Commonly, this is a deposit bonus. For example, a 100% bonus up to A$100.
- No Deposit Bonus – While rare, no deposit bonuses can still be found on selected live betting sites. No deposit is required. You will receive a small bonus or free bet just for creating an account.
- Risk-Free Bets – Available to new and existing customers, a risk-free bet means that you will receive your stake back if your wager loses.
- Odds Boosters – Odds boosts are found on selected markets for live online betting in Australia. This increases the price and your potential returns. For example, the price for Max Verstappen to win the Monaco Grand Prix could be boosted from 4.00 to 6.00.
- Cashback Bonus – Cashback is an increasingly common reward. Earn a proportion of your net losses back. This can be on a weekly or monthly basis.
- Referral Bonus – Once you have signed up with a bookmaker, you can receive a bonus for referring your friends. The referred bettor must also create an account and deposit for you to qualify.
Top Tips for Live Betting in Australia
Like any form of gambling, including games on online casinos, live betting offers no guarantees that you will be successful. There are some steps you can take to boost your chances of winning. These are our top tips for in-play wagering.
- Bet on what you know – It is recommended to specialize in a small number of sports, rather than trying to master them all. If you are an AFL fanatic, stick to Aussie Rules, even if better odds are found elsewhere.
- Monitor odds – Pay close attention to the odds and how they have changed. This will give you a better idea of how a sporting event is playing out, even if the scoreline hasn’t changed.
- Utilize live streaming – Where possible, watch the action live. This will make it easier to make selections and track their progress. Just remember that streams are shown at a slight delay.
- Cash out bets – The cash out feature can be used to your advantage. It can help you to lock in a profit or cut losses. The feature is a key part of betting strategies for many players.
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Conclusion
Live betting is exciting, fast-paced, and potentially rewarding. Markets are available on soccer, rugby, cricket, and many other sports. Cash out, live streaming, and other features add to the user experience.
Responsible Gambling
Live betting is easily accessible and offers real money winnings, making it an increasingly desirable form of gambling. However, this makes it all the more important to bet responsibly. This involves sticking to a budget and never chasing losses.
Multiple tools are available on live betting sites to support you. These include deposit limits and self-exclusion. If additional help is required, the following organizations are on hand.
