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Best Betting Sites Australia May 2022 – Compare Top Bookies

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Sports betting is one of the few forms of legal gambling in Australia, and as a result it’s incredibly popular.

If you want to dive into sports betting in Australia, this guide is for you. We’ll review the 10 best betting sites in Australia and cover everything you need to know about AUS betting sites to start betting and winning today.

Our best rated betting agencies in Australia for 2022

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Excellent Promotions and Odds Boosts

  • Enormous betting exchange
  • Stats to inform your betting
  • Racing tips and predictions
9.7
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Best Live Betting App in Australia

  • Top-notch betting odds
  • Tote betting features
  • Edit live multiples in-play
9.6
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Most Beginner-friendly Australia Sportsbook

  • Ownership has plenty of pedigree
  • Low minimum deposit
  • Attractive, modern website
9.6
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Simple, Fast Sportsbook Payouts

  • Weekly cricket promos
  • Good selection of payment options
  • Same-race multiples are easy to place
9.5
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Huge Range of Props and Parlays

  • Exceptionally good odds
  • Extensive selection of payment methods
  • Strong track record
9.4
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The Best Betting Sites Australia List

Let’s dive straight into our list of the eight best Australian betting sites:

  • Betfair – Excellent Promotions and Odds Boosts
  • Bet365 – Best Live Betting App in Australia
  • Neds – Most Beginner-friendly Australia Sportsbook
  • Palmerbet – Simple, Fast Sportsbook Payouts
  • Sportsbet.com.au – Huge Range of Props and Parlays
  • Ladbrokes – Live Betting and Streaming in HD

Best Betting Sites Australia Reviewed

Want to learn more about the best betting sites in Australia? We’ve put together reviews of the best bookies to help you decide which one is right for you.

1. Betfair – Excellent Promotions and Odds Boosts

Betfair Sportsbook AU

Betfair is one of the best Australian betting sites for promotions, odds boosts, and other opportunities to win. This sportsbook has a wide selection of promotions for returning players, from free bets on major football and rugby matches to deposit match bonuses when you reload your account. You can also get an A$10 rebate on every parlay in which only one leg of your bet loses.

Betfair also pads the accounts of all players with daily odds boost tokens. You can apply these tokens to boost the odds of any wagers you want, often without paying any extra for the boost. Of course, when you run out of tokens, you can also pay for as many odds boosts as you want.

Betfair offers 29 sports markets, so you won’t find yourself lacking in matches to wager on. On top of that, the sportsbook offers live betting and a huge range of props for most big games. A bet builder makes it easy to create parlays.

This sportsbook accepts most major e-wallets, including PayPal. However, you can’t pay with cryptocurrency. Betfair used to offer a couple welcome bonuses for players, but those have disappeared due to Australian betting regulations.

What we like:

  • Free odds boost tokens
  • A$10 rebate when one leg of parlay loses
  • Accepts PayPal and other e-wallets
  • Nearly 30 sports markets available

What we don’t:

  • Doesn’t accept crypto payments
  • No welcome bonus offers

2. Neds – Best New AU Sports Betting Site

Neds betting

Neds is one of the newest online pokies in Australia. The sportsbook has expanded quickly, though, offering bets on more than 30 markets. You can place live in-game wagers, too, although Neds doesn’t yet offer live streaming.

Neds stands out for its fresh approach to sports betting. This sportsbook offers handy mobile betting apps for iOS and Android, as well as a clean user interface that makes it easy to find your favorite upcoming matches. We also appreciated the bet builder tool, which helps with building simple parlays within and across matches.

Neds has an extended selection of payment methods, including popular POLi, Flexepin and BPay. Payouts are extremely fast, which is a major plus compared to other Australian betting sites. In addition, an array of appealing betting promotions for registered users makes it a good choice.

What we like:

  • New AU sportsbook with 30+ markets
  • iOS and Android mobile betting apps
  • Accepts BPay & Flexepin payments
  • In-play betting available

What we don’t:

  • No live streaming available
  • Range of parlays is still somewhat limited

3. Bet365 – Best Live Betting App in Australia

Bet365 in play betting

Bet365 is a well-established sportsbook that has a long history of operating in Australia. It’s one of the country’s top real bookies, offering more than 30 sports markets and a huge range of bets for most games. You can also bet live on most of the sports that Bet365 offers and watch matches live with HD streaming.

Bet365 has a lot to offer for players, including a near-perfect online user experience and simple payments. The platform is very easy to use and makes a bet builder available for creating parlays and teasers. Bet365 accepts credit and debit cards as well as major e-wallets, and payouts are typically processed in 24 hours.

Bet365 currently offers a 100% deposit match welcome bonus up to A$200 for new players. However, this may be phased out shortly due to Australia’s new betting laws. Still, Bet365 does offer plenty of free bets and rebate opportunities for returning players to give you more chances to win.

What we like:

  • 30+ sports markets to bet on
  • HD live streaming and live in-game betting
  • Fast payouts
  • Easy-to-use bet builder for parlays

What we don’t:

  • Doesn’t accept crypto for payments
  • No VIP program

Best Australia Bookies Comparison

Now that you’ve read more about the best betting sites in Australia, let’s see how the top 10 bookies in Australia stack up against one another:

Number of Sports Markets Live Streaming Payment Methods
Betfair 29 No Visa, Mastercard, PayPal, POLi, BPay, Flexepin, PayID, Osko, Neteller, Skrill
Bet365 30 Yes Visa, Mastercard, Ma+-estro, PayPal, Neteller, Skrill, Paysafecard
Neds 25 No Visa, Mastercard, PayPal, POLi, BPay, Flexepin, PayID
Palmerbet 24 No Visa, Mastercard, PayPal, POLi, BPay, bank transfer
Sportsbet.com.au 22 Yes Visa, Mastercard, PayPal, POLi, BPay, Flexepin, PayID
Ladbrokes 25 Yes Visa, Mastercard, PayPal, POLi, BPay, Flexepin, PayID

How We Select the Best Australia Betting Sites

There’s a lot that goes into choosing the best betting sites in Australia. In this part of our guide, we’ll cover the main features we look at and explain why they matter.

  • Licensing and Security 

The first thing we consider when evaluating betting apps in Australia is whether they’re fully licensed and safe for players. All of the betting sites we reviewed are licensed and approved for gaming in Australia and have proven their ability to keep players’ accounts secure.

  • Number of Betting Markets

The breadth of betting markets is another major consideration when choosing the best Australian betting sites. Top sportsbooks like bet365 offer more than 30 sports to wager on. In addition, we look for a wide range of prop bets for football, rugby, and other popular sports.

  • Free Bets & Promos 

While Australian gambling laws limit what types of bonuses sportsbooks can offer, most top betting sites find ways to reward loyal players. For example, Betfair offers odds boosts and rebates on parlays. These promos can help you win more with less money, so they’re important to look at.

  • Live Betting & Streaming 

Live betting brings a whole new level of excitement to sports gambling in Australia. Some bookies, including Betfair and Bet365, also offer live streaming so you can watch games unfold with your bet slip just a click away.

  • Payment Methods

Payments at top betting sites in Australia should be as simple as possible. That means having a wide variety of deposit options, from debit and credit cards to e-wallets to cryptocurrency. It also means payouts should be completed within at most 1-2 days of your withdrawal request.

  • Mobile Betting

Many Australian betting sites now offer sports betting apps for iOS and Android devices, enabling you to wager on the go. That’s a huge advantage for anyone who doesn’t want to be glued to their computer during big games. We especially recommend the mobile apps from Betfair and bet365.

  • Customer Service

If you have questions about your betting account, it’s important that you can get help quickly. Top bookies in Australia like bet365 offer 24/7 customer support and provide multiple ways to get in touch – including phone, email, and live chat.

Are Online Betting Sites Legal in Australia?

Online betting sites are completely legal in Australia. As a result, Australia has a booming online sports betting market.

Both Australia-based and offshore sportsbooks are allowed to offer online betting in Australia. Sportsbooks must obtain a license from the government if they want to operate legally in the country. For bettors, it’s completely legal to wager with any online sports betting sites, regardless of whether they’re licensed or not.

The history of online betting legislation in Australia is relatively brief, since laws around online gambling have only changed a few times  in the past 20 years:

2001: Australia passed the Interactive Gambling Act, which prohibited online betting sites from operating in the country. The law carved out an exception for sports betting sites as long as operators receive a license from the government. The Interactive Gambling Act does not set any restrictions on bettors, only gambling site operators.

2015: New South Wales put a prohibition on welcome bonuses that require players to open new accounts. Numerous sportsbook operators, including Ladbrokes and Neds, were fined under the new law.

2018: The Australian government outlawed welcome bonuses, or any promotions that induce players to open a new betting account, on a national scale. Most sportsbooks still offer promotions for existing players as well as referral bonuses.

What Sports Can You Bet On Online?

There are virtually no limits to what sports you can wager on online. Top Australian betting sites like Betfair and bet365 offer a whopping 32 sports markets, and many others offer more than 25 markets.

Some of the most popular sports to bet on online include:

  • Rugby
  • Football
  • American football
  • Aussie rules football
  • Cricket
  • Hockey
  • Basketball
  • Motorsports
  • Mixed martial arts (MMA)
  • Baseball
  • Cycling
  • Golf
  • Tennis
  • Handball
  • Darts

You can also bet on horse races online, including thoroughbred and harness races. In addition, many Australian betting sites have added wagers for popular esports like CS:GO, Dota 2, League of Legends, Rainbow Six, and more.

Popular Betting Markets

For every game, you’ll find several different ways to bet. These variations are known as betting markets, and it’s important to understand how they work. Let’s take a closer look at some of the most popular betting markets in Australia:

  • Moneyline: Moneyline bets are the simplest type of bet. You just have to choose which team you think will win.
  • Spreads: Spread betting requires you to bet on whether the favorite will win (or lose) by more or less than a certain margin.
    Pointsbet spread betting
  • Over/Unders: Over/under bets require you to bet on whether you think the combined score of both teams will be over or under a certain number of points.
  • Props: Prop bets are wagers on events that don’t directly affect a game’s outcome. You can find prop bets related to how individual players will perform, what the combined score of two teams will be at halftime, and more.
  • Futures: Futures bets are wagers on events in the future. You could bet, for example, on which country will win the next World Cup or which rugby team will win the league championship next year.
  • Parlays: Parlays are wagers that combine multiple bets. To win a parlay, you must win each individual bet. If even one bet within a parlay loses, the whole parlay will lose.

How Betting Odds Work

Betting odds are crucially important to sports betting. They represent the amount you need to risk for a certain payout for any individual bet. Higher odds – bigger payouts – represent an event that bookmakers see as less likely.

Odds at the best Australian betting sites are typically written in decimal form. These odds are relatively easy to read because they represent how much you’ll receive per A$1 you bet if your wager wins. Notably, decimal odds represent your total payout, including your original stake, rather than your profit.

As an example, say you find a bet with odds of 2.5. That means that if you bet A$100 and win, you’ll receive A$250.

Finding the best odds for any particular match requires shopping around. Small betting sites in Australia typically offer different odds from one another, even for the same game. That’s especially true once you dig into prop bets or niche sports. So, it’s a good idea to compare odds among several different betting apps in Australia to see which bookie is offering the best deal.

Betting Bonuses at Australian Bookies

Australia outlawed welcome bonuses at all online sportsbooks starting in 2018. However, most major sportsbooks still offer betting bonuses that aren’t tied to opening a new account. These can be worth a fair amount of money, so let’s take a closer look at how they work.

Free Bets

The most common type of bonus you’ll find at betting apps in Australia is a free bet. Free bet betting sites let you place a wager up to a specified amount on a bet of your choice. You don’t have to put any of your own money down for the bet, but you get to keep the winnings if your wager pays out.

Risk Free Bets

A risk-free bet is a lot like a free bet, except that you have to use your own money to place the bet. If your bet wins, you get to keep the payout. If your bet loses, the sportsbook will refund the amount you wagered to your account. So, just like at betting sites with free bets, you don’t lose any money.

Matched Deposits

Matched deposits are another common type of bonus offer. When you make a deposit to your account, the sportsbook will match it up to a certain amount as extra cash in your account.

No Deposit Free Bets

No deposit free bets are very rare, but they offer a risk-free way to try out new betting sites in Australia. This type of bonus is essentially just a free bet, but one that doesn’t require you to deposit any money in your betting account before you receive the free bet. So, if your bet loses, you don’t even have to deal with making a withdrawal before switching to another sportsbook.

Free Bet Terms and Conditions

Betting sites with a free bet impose a few conditions you should know about before claiming a bonus:

  • Maximum bet: Free bets are limited to a certain maximum bet amount. This is the maximum that you can bet without using your own money.
  • Limited markets: Most free bets can be used on most wagers. However, some free bets must be wagered on a certain sport or even a certain match. Most cannot be used for parlays or teasers.
  • Minimum odds: Many sportsbooks require you to bet on odds of at least 2.0. That prevents you from betting on overwhelming favorites that are almost guaranteed to pay out.
  • Valid period: Free bets don’t stick around forever. If you claim a free bet, most sportsbooks require you to use your bonus within a few days.
  • Wagering requirement: Some free bets come with a wagering requirement. This is the amount of money you need to bet at the sportsbook before you can withdraw any winnings from your free bet.

Best Australia Betting Apps

Betting Apps svg 1

Betting apps in Australia make it easy to bet on your favorite teams on the go. You’ll find apps from most betting sites available for both iOS and Android devices. These apps offer the same range of bets and the same odds that you can get on a web browser.

The best betting apps in Australia are easy to use for everything from betting to payments. We particularly like the bet365 betting app because you can place a bet with just a few taps. The app also supports live streaming and in-game betting. The Betfair betting app is also excellent thanks to its user-friendly lobby and support for a wide range of on-the-go payment methods.

New Betting Sites Australia

Just like new online casinos, new betting sites in Australia are popping up all the time to meet the demand for sports betting throughout the country.

Many of these new sites have a lot of modern features that help them to compete with more established sportsbooks. For example, Palmerbet, one of the best new Australian betting sites, offers a handy bet builder and accepts multiple payment methods. Other new betting sites, like Neds, focus on relatively new sports markets like esports to attract younger players.

esports betting

When choosing a new betting site in Australia, it’s important to make sure the bookie is licensed and secure. Most new betting sites use the same security measures as their more established counterparts, but they don’t have the same track record of player safety to point to.

Live Betting & Streaming at Australia Bookies

Live streaming

Live betting takes sports wagering to a whole new level of excitement. With live betting, you can place wagers on games after the action has already gotten underway. Odds change in response to the action, so it’s a fast-moving game of trying to beat the bookies and find opportunities to win.

Some bookies, including Betfair and Bet365, have paired live in-game betting with live streaming. That’s a powerful combination since it enables you to watch your favorite games online – and when something big happens, your bet slip is just a click or tap away.

Payment Methods at Australian Betting Sites

Making deposits and requesting withdrawals should be as easy as possible.

All of the sportsbooks we reviewed accept Visa and Mastercard debit and credit cards. In addition, many accept popular e-wallets like PayPal, Neteller, Skrill, and POLi. Selected betting agencies allow you to make deposits with popular Australia-facing methods, including Bpay, Flexepin and PayID.

At most sportsbooks, the time it takes for a payout to land in your account will vary based on payment method. Crypto and e-wallet withdrawals can be instantaneous, whereas bank transfers can take several days. Ideally, we look for betting sites that can process all payments within 24-48 hours.

FAQs

🏆 What is the best bookmaker in 2022?
  1. Excitewin Australia 🥇 (9.7 / 10 Points)
  2. Betfair Australia 🥈 (9.7 / 10 Points)
  3. Bet365 Australia 🥉 (9.6 / 10 Points)
  4. WinnersBet Australia (9.6 / 10 Points)
  5. Neds Australia (9.6 / 10 Points)
  6. Palmerbet Australia (9.5 / 10 Points)
  7. Sportsbet.com.au Australia (9.4 / 10 Points)

Is sports betting legal in Australia?

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What is the best betting site in Australia?

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Michael is a Washington-based writer who has extensive experience in the online gambling field, covering sports betting, casino games and poker.