At Australian Casino Review, we’ve done all the hard work for you and have compiled a comprehensive guide on everything related to esport betting in Australia. From choosing an online bookmaker to understanding how odds work and finding the best bonuses – we’ll provide you with all the information you need.

What is Esports Betting?

Esports betting involves wagering on the outcome of games and tournaments from popular esports leagues, such as the League of Legends Championship Series (LCS) and Overwatch League.

It’s easy to get started – all you need is an online bookmaker that offers esports markets. You can then make player predictions or bet on which team will win a specific match-up.

When it comes to esports betting, there are plenty of options available for Australian punters. From outright winner bets to in-play props and handicap markets, you’ll be spoilt for choice when choosing your favourite market.

The best part about esports betting is that each event usually has many different types of bets with varying odds so you’re sure to find something that works well for you! With careful research into teams and players, plus some luck along the way, you could walk away with some nice profits from your esports bets.

Knowing how to choose an online bookmaker is essential if you want to have success in this area though – let’s take a look at what makes a good operator in more detail next.

How to Choose an Online Bookmaker (esport betting australia)

Choosing an online bookmaker can be a daunting task, but if you consider all the important factors, you can make an informed decision.

We’ll discuss the following factors:

• Licensing
• Reputation
• Bonuses
• Markets
• Odds
• Payment options
• Security
• Customer support
• Mobile platforms
• Live betting
• User interface
• Betting limits
• User reviews
• Payment speed
• Loyalty programs

Let’s explore each in more detail.

Licensing

When it comes to choosing an online bookmaker in Australia, one of the most important factors to consider is licensing. All reputable bookmakers will be regulated by a government body or authority and have proper licensing in place that ensures they are being held accountable for their operations.

When you’re researching potential sites, make sure they have been granted regulatory oversight from either the Northern Territory Racing Commission (NTRC) or Victorian Commission on Gambling & Liquor Regulation (VCGLR). It’s also worth checking out what tax implications your chosen betting site may come with; it pays to do some research so you know exactly what you’re getting into!

Ultimately, when selecting an online bookmaker in Australia, ensuring they are properly licensed should always be at the top of your list – this way you can feel safe knowing your money is secure and all bets placed will be handled fairly.

Reputation

Once you’ve made sure your chosen bookmaker is licensed, it’s time to take a look at their reputation.

With online gambling laws in Australia tightening up year-on-year, there are now plenty of trustworthy sites out there – so research the company’s background and track record before committing to an account.

Check out customer reviews and make sure they have a sound history of paying out winnings quickly and efficiently.

Gambling laws require all reputable Australian betting sites to be transparent about their policies and practices; if something doesn’t seem right or looks too good to be true, go with another provider.

Ultimately, when selecting an online bookmaker in Australia, making informed decisions based on what other customers think should always come first – that way you can rest assured knowing your money will be safe with a trusted operator!

Understanding Odds And Betting Options

Now that you have a better understanding of the different online bookmakers available in Australia, it’s time to delve into the intricacies of betting itself. Understanding odds and betting options is key to making sure your experience with esports betting is enjoyable and safe.

Understanding Odds and Betting Options

There are many things to consider when deciding how to bet on an esports match. To start, assessing the monetary risks associated with each wager should be top priority. From there, gamers can explore various gaming strategies that fit their risk tolerance and preferences.

Here are four tips for those looking to get started:

• Become familiar with the most popular bet types.
• Monitor changes in odd values.
• Develop a budgeting system.
• Analyze teams before placing any bets.

By following these steps, novice gamblers can gain confidence as they learn more about the world of esports gambling. Of course, experienced players may already know what works best for them – but everyone needs a refresher from time-to-time!

With this knowledge under your belt, you’ll be ready to take part in some of the most exciting and popular esports betting tournaments out there.

Major Events

Headlining the esports betting Australia scene are major events like the Intel Extreme Masters, ESL One, DreamHack Masters and the ESL Pro League. These tournaments have huge prize pools, attracting some of the best esports teams in the world.

Prize Pools

The prize pools for these major events are massive – reaching millions of dollars in some instances. Players compete for their share of the prize money, as well as to gain glory and recognition in the competitive gaming world.

Major Events

The esports betting scene in Australia is growing rapidly, with major events popping up all over the country. The biggest tournaments offer cash prizes and attract some of the best players from around the world – making them ideal targets for avid bettors looking to make some money.

Major events include Riot’s League of Legends World Championship series, Blizzard Entertainment’s Overwatch League, Valve Corporation’s Counter Strike: Global Offensive tournament series and many more. For those wanting to get in on these exciting esports markets, checking out an Australian casino review site can help you find the right bookmaker for your needs.

With plenty of options available, there’s sure to be something that fits any budget or style of play – so don’t miss out on what could potentially become a lucrative venture!

Prize Pools

When it comes to esports betting tournaments, the prize pool is often what attracts players from all over the world. For bettors looking for a profitable venture, these lucrative pools can make all the difference when deciding which tournament to place their bets on.

It’s important to understand how prize pools work and strategize accordingly in order to maximize potential winnings. With some research into the different tournaments available, you could soon be enjoying those big payouts!

Types of Bets for Esports

Esports betting offers a variety of different wagers, giving esports bettors the opportunity to win big. Some popular types of bets include:

Type	Description
Moneyline Betting	A prediction on who will win or lose the match, without taking into account any other factors like map score or rounds won/lost.
Spread Betting	Predicting which team will beat the spread set by bookmakers. This can be applied across multiple maps in best-of-three matches, and is also known as ‘map handicap’ betting.
Proposition (Prop) Bets	These are wagers made on outcomes that don’t necessarily have anything to do with who wins or loses the game; such as total kills, headshots per round etc.
In Play Betting	Wagering while watching live streaming of an event through an online sportsbook allows you to place your bets after the action has already begun. In play betting gives you insights into how a team performs under pressure and increases your chances of winning some money off them!

While there is always room for improvement when it comes to esports betting sites in Australia, they still offer exciting opportunities for punters looking to make a fast buck out of their favourite teams and players competing in tournaments around the globe. Bonuses and promotions are often available too, so keep an eye out for these if you’re interested in making some extra cash from esports bets!

Bonuses and Promotions for Esports Bettors

Betting on esports can be a thrilling experience, full of anticipation as you watch the game unfold. But it’s even more exciting when you access bonuses or join loyalty programs that give you free money to place bets with.

In Australia, there are several great opportunities for punters looking to take advantage of bonus offers.

Accessing Bonuses For Australian Punters

The best way to maximize your betting dollars is by taking advantage of welcome bonuses and other rewards offered by licensed bookmakers in Australia. Whether it’s a sign-up bonus or an ongoing promotion, these offers provide extra value and increase your chances of winning big. Some sites also offer special promotions targeted specifically at esports bettors.

Additionally, many online casino sites have loyalty programs that reward players who stick around over time.

With so many options available, it pays to do your research before choosing where to wager. Compare the different offers from each site to see which one gives you the most bang for your buck.

Tips for Winning at Esports Betting

Esports betting in Australia can be both rewarding and exciting. To increase your chances of success, it’s important to understand some basic tips and strategies. Here are a few things you should keep in mind when placing bets on eSports:

Track Your Results

Keeping track of your results is key to becoming successful with esports betting. By tracking the games you bet on, how much money you’ve wagered and won or lost, and what types of wagers were placed, you can identify patterns that will help you make better decisions in the future. This data can also help inform which markets may be more favourable than others for making a profit.

Choose Games Wisely

It pays to do research before placing any bets on an eSport game. Get familiar with the game itself by reading up on recent news, watching matches online, and understanding rules/strategies used by professional players. Choose games where there are clear favourites so that it’s easier to predict outcomes accurately. Additionally, consider taking advantage of promotions offered by bookmakers as they often provide excellent value opportunities when combined with careful research into each match outcome.

By following these simple tips, you can improve your chances of winning big at esports betting in Australia. Remember though – gambling should always be done responsibly so ensure that you don’t risk more than you’re comfortable losing! Moving forward we’ll look at responsible gambling considerations when participating in esports betting.

Responsible Gambling Considerations

When it comes to esport betting in Australia, responsible gambling is a top priority. It’s important for punters to ensure that they are only wagering what they can afford and setting limits with safe, responsible parameters.

Below we have listed just some of the ways you can maintain a healthy attitude towards your esports betting:

1. Set Limits – When betting on any kind of sport or event, set up personal guidelines concerning how much money you’re willing to spend.
2. Control Your Time Wisely – Don’t let yourself get lost in the thrill of esports; make sure you keep an eye on the time!
3. Know When To Stop – If your luck isn’t going your way, don’t be tempted to chase losses by continuing to bet.
4. Seek Help & Support As Needed – There are plenty of services available if you ever feel like your gambling habits are getting out of hand. Don’t hesitate to reach out for help when needed.

It is essential that all punters practice good judgment while engaging in esports betting activities. Make sure that you stay within reasonable boundaries and remember not to become too consumed by online gaming experiences and always gamble responsibly!

Frequently Asked Questions

Is There A Minimum Age To Bet On Esports In Australia?

When it comes to esports betting in Australia, there is an age restriction that all bettors must adhere to. According to licensing regulations and responsible gambling laws, the minimum legal betting age for esports in Australia is 18 years old.

Any person who wishes to place wagers on any form of esports must be at least this age or they will not be able to do so legally.

Is Esports Betting Legal In Australia?

Are you curious about the legality of esports betting in Australia? You’ll be glad to know that, yes, it is legal for Australians to place bets on esports tournaments.

Along with licensing laws and registration requirements, a range of betting sites offer their services across the country. From reliable bookmakers like Sportsbet, Ladbrokes and PlayUp to top-rated casinos such as Fair Go Casino and Raging Bull Casino – there are plenty of options available.

Whether you’re an experienced bettor or just getting started, these reputable websites provide safe and secure platforms for your esports wagers.

What Are The Tax Implications Of Esports Betting In Australia?

Esports betting can be a great way to enhance your gaming experience, but it’s important to know what tax implications come with it.

In Australia, the benefits and drawbacks vary depending on whether you are betting as a recreational punter or professional gambler.

For recreational punters, all winnings from esports bets are exempt from income tax. However, if you start making regular wins then you may need to declare these earnings for taxation purposes.

As for professionals, any profits made must be declared for taxation and subject to GST. It is also necessary for professionals to maintain records of their losses and wins in order to accurately report taxes owed.

Are There Any Esports Betting Apps Available In Australia?

The truth is, yes! There are many top esports betting sites available in Australia with promotional bonuses and downloadable apps.

Whether you want to place a bet on the outcome of your favourite video game or simply enjoy watching others battle it out for glory and prizes, there’s an app that can help you get involved from anywhere at anytime.

From CS:GO to Rocket League, Dota 2 to FIFA 20 – whatever your preference may be, you’ll find something suitable from one of the leading esports betting sites.

All offer secure payment methods, regular updates, and easy access via mobile devices too. So why not check out some of the top picks today?

Are There Any Restrictions On The Amount I Can Bet On Esports In Australia?

When it comes to online gambling and betting sites, Australians have a few options when making wagers. However, with esports betting in particular, there are some rules and regulations that must be followed.

Depending on where you live in Australia, certain states may limit or even ban specific types of bets and bookmakers. As such, it’s important for Aussie gamers to become familiar with their local laws regarding esports betting before they start placing any real money bets.

Furthermore, each state has its own maximum allowable stake limits which all players should take into account while gambling online.

Conclusion

As esports continue to rise in popularity, so too does the interest in betting on them. In Australia, there are now more options than ever for those looking to bet on esports.

The minimum age requirement is 18 and it’s legal to do so. When it comes down to tax implications, any winnings you make from betting on esports will be taxed according to the normal laws governing gambling activities in your state or territory.

What’s even better is that there are now mobile apps available specifically designed for Australian-based punters who want to bet on their favourite games like League of Legends, Dota 2 and CS:GO. Furthermore, there aren’t any restrictions when it comes to how much money can be wagered – as long as you stay within your means!

A recent survey revealed that almost $3 billion was spent by Australians on sports betting last year alone; a figure which could easily increase with the rising popularity of esports wagering here Down Under.

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