As modern life becomes more demanding and leaves punters without any time to head down to the track or the local TAB, online bookmakers have become extremely popular with the new-found betting world. It is now easier than ever to wager online whether you love horse racing, have an eye for the AFL or are a true NRL nut, there is something out there for everyone. However with hundreds of Australian bookmakers available on the internet, the process of selecting an online bookie may be slightly intimidating, so here at bookmakers.com.au we recommend SportsBet, IASbet and SportingBet to know you are getting the best deal going – and there you can bet on both horse racing and sports in general.
So rather than traipsing down to the track or heading to the local TAB set up an account today! It could not be easier. All you have to do is click on one of the links above and follow the prompts. You will be signed up within minutes without even having left your chair! And never again will you have to face the heckling crowds, the anxiety of what to wear to the races or try to skip the traffic to make it to the TAB before it closes – so what are you waiting for?
Online Bookmaker Checklist
Even for those new to the online punting game finding an online bookmaker is easy – all you need to do is browse the internet to find the best options available to you. Reputable online bookies such as SportsBet will offer a wider range of markets, and while most people prefer to bet on the larger well-known events online bookmakers should also offer odds on local sports or smaller teams. Another thing to keep in mind is all online bookmakers will have a maximum winnings limit; however this amount should not be too low. Compare this maximum with other websites and see if it seems reasonable.
Before signing up with any online bookmaker all bettors need to be aware bookmaker sites are a business and like any other business, they will say whatever they can to get people in the door and betting. Offering over 20 per cent bonuses and ridiculous freebie offers might seem great but are in fact almost always too good to be true. However if you do think an offer is legitimate and you sign up, make sure you actually receive the bonus promised. If you do not, it might be a good time to reconsider your account with them.
At SportsBet the number of sports punters can wager on is endless and they are able to provide punters with great odds and betting types. The sports typically on offer are American Football, AFL, Baseball, Basketball, Boxing, Cricket, Cycling, Darts, Football, Golf, Greyhound Racing, Handball, Hockey, Horse Racing, Ice Hockey, Martial Arts/Judo, Rugby League, Rugby Union, Snooker, Tennis, Volleyball and more. Although Australian online sports bookmakers are regulated by the government, it is important for bettors to check a range of bookmakers to see which ones offer the best variety of sports and odds.
Knowing how a bookmaker works is important and will assist the novice bettor in understanding the world of betting. The primary job for a bookmaker is to keep track of all the bets placed on an event and will try to maintain equal amounts of bets on all possible outcomes of the event. This is so that the bookmaker still receives a commission which is essentially their income. The quality of the events and the prices listed will vary between sports bookmakers which is why it is essential for novice bettors to research before opening any accounts.
Prior to a sporting event SportsBet generally offers early market odds which punters should make the most of as they are the most lucrative. Early market odds could be betting at the beginning of the AFL season on which side will become the overall winner, or selecting the winner of the US Open eight months in advance. Throughout domestic sports seasons there are also head-to-head markets, with relevant sports having winning margins, selecting the first to score, and many many more.
Racing Online Bookmaker
When it comes to punting on the races, reputable online bookmakers such as SportsBet will offer markets on thoroughbred horse racing, harness racing and greyhound racing – although some will only offer thoroughbred odds.
Most well-known and established online racing bookmakers along the lines of SportsBet will offer odds on both national and international racing including races from Hong Kong, England, Singapore and New Zealand. For those interested in only placing a $1 bet to the high rollers staking thousands, racing bookmakers are able to offer the standard racing bets including the Win/Place, Quinella, Trifecta, Exacta and Multiples.
Melbourne Cup Bookmakers
With the Melbourne Cup bringing over $140 million in bets, it is little wonder why so many online bookmakers would want to be involved in the event and SportsBet is certainly one of them. Attracting over 100,000 people each year to the Flemington Racecourse and millions more watching on television, the Cup is the most anticipated race of the season. The race which literally stops a nation at 3pm on the first Tuesday of November is raced for approximately three minutes and 20 seconds over a 3, 200 metre track.
The race stars Australia’s greatest stayers and has featured many famous horses including Phar Lap, Makybe Diva and Carbine. Throughout the course of the day there are 10 races held between 10.20 am and 5.15 pm. On the Saturday prior to the Cup day, bookmakers receive the field and form guide of the race. This information is essential in determining all of the horses’ odds as it provides information on the final horse line up and their barrier positions.
Good Melbourne Cup bookmakers will start advertising the race months in advance to remind punters to visit their website when they want to place a bet. As it is a high stakes race, Melbourne Cup bookmakers should be offering the highest online betting limits for the event as many people will wager more than usual on this particular race. Also, they should be working at the lowest bookmaking margins so that customers will receive the maximum payout for this race. Attracting bettors is easy for racing bookmakers who will offer Melbourne Cup bettors free bets if they sign up with them to place their bet first. Also check whether the bookmaker is offering odds on all the Spring Carnival Racing. If they are, why not check out their odds for these races too? Closer to the race date, bookmakers will be offering all standard racing bets including:
Pre-Post: Choose the winner out of an extensive list of horses before the final line up of horses has been decided.
Straight bet: Win (which horse will finish first)
Place (horse must place first or second)
Show (must place in top three)
Across the board wager (horse will take any of the first three places).
Quinella: Choosing two horses in no specific order to win first and second placings. Although the punter has good odds, a quinella will pay less than a trifecta.
Exacta or Perfecta: The punter must choose which horses will win first and second place in the correct order.
Trifecta: Picking the first three winning horses in the correct order.
Box trifecta: First three horses in any order.
Standout trifecta: Picking the winner and then the next two horses in any order.
Superfecta: Same as trifecta plus the fourth placed horse.