Frequently Asked Questions
If you have questions about betting online, don’t worry, because you are not alone. Many punters new to the world of betting on sport via computer or mobile devices wonder where and how to begin, what their various options are, and whether it is safe or not.
The OnlineBetting.xyz team has provided easy-to-understand answers to frequently asked questions about online betting in Australia. If your question has not been answered, send us an email, and we will do our best to answer it.
What Do I Need to Bet Online?
To bet online, you need a Windows or Mac computer, smartphone or tablet with an active internet connection. You will also need a means of depositing real money.
How Do I Sign Up at an Online Sportsbook?
Most online sportsbooks have a Sign Up, Register, or Create an Account button, which is what you need to click to get the process started. You will need to submit your name, address, and a valid email address.
You may also be required to submit a copy of your passport or another document for age and residency verification purposes.
AU$ Online Betting
How Do I Deposit or Withdraw Money at an Online Sportsbook?
Online sportsbooks offer Banking or Cashier services that you can use to make deposits or withdrawals once you have signed up. The payment methods you can use vary from sportsbook to sportsbook, so check the Banking page first.
What Are Examples of Accepted Methods?
The methods most commonly accepted by sportsbooks include major credit cards such as MasterCard and Visa, prepaid cards such as PaySafeCard, and e-wallets such as Neteller and Skrill. Most can be used to make deposits and withdrawals.
Are Withdrawals Processed Quickly?
The length of time it takes to process withdrawals varies from sportsbook to sportsbook. On average, you would need to wait a few days, as withdrawal procedures usually have additional security protocols that must be followed.
It is important that you check whether your online sportsbook has any wagering requirements or withdrawal limits, especially if you have used bonus money or free bets when betting.
What Is an Online Betting Bonus?
Most online sportsbooks offer betting bonuses. Offers include welcome bonuses for new punters, and other bonuses for those who have already signed up.
In many cases, the sportsbook will match a percentage of the amount of AU$ you deposit. In other cases, you may receive a specified number of free bets, capped at a certain value.
Are Online Sportsbooks Secure?
Licensed and regulated online sportsbooks are secure, as they use 128-bit SSL data encryption to protect your banking and personal details from fraudulent activity. Unlicensed, unregulated sportsbooks should be avoided at all costs.
Markets and Bet Types Available Online
What Markets Are Available at Online Sportsbooks?
Recommended online sportsbooks offer a wide range of sports, horse- and greyhound racing, and novelty markets. Of course, the offerings do vary from sportsbook to sportsbook.
You should be able to find well-known sports such as cricket, football, rugby, and soccer, as well as others such as basketball, boxing, darts, golf, swimming, tennis, and more. Other markets usually available include financial, political, entertainment, and eSports.
What Bet Types Are Available Online?
Online sportsbooks’ markets offer futures betting and live betting. You should be able to place straight win or money line bets, prop bets, point spread bets, parlay bets, and pretty much everything in between.