Betting in Australia is something that continues to grow every year. This has also seen a growing range of options for punters to choose from. As anyone that regularly watches sport on TV will know, vast amounts of marketing dollars are going towards getting the various bookmaker brands out there.
Yet many punters still feel more comfortable placing their bets at the local TAB rather than take the plunge and check out some of the amazing offers being put out right now by the bookies. So if you’ve ever bet, or even thought about placing a bet, read on as this article will help you to get the best returns.
Higher Odds Means Bigger Payouts
It’s such a simple fact but is often ignored by recreational punters, that the higher the odds you are getting on your bets, the bigger the payout you will receive if you win.
Bookmakers add what is called a ‘Margin’ to their bets. So if it is deemed an event has two equally possible outcomes (for example which team will win the coin toss) the true odds for the bet should be 2.00 for heads, and 2.00 for tails meaning you double your money if you get it right.
This however rarely happens in reality, as bookmakers add a margin, or house edge to their odds to help ensure that they make money. And instead you would see odds ranging anywhere from 1.86 for both outcomes, to 1.98 for both outcomes, depending on the bookie you bet with and how generous their lines are.
Take this example of an NBA Basketball match between the Chicago Bulls & Oklahoma City Thunder
The TAB sees them as being equally matched and is offering 1.90 odds for both teams:
However, when looking at an odds comparison service like Oddschecker.com.au we see there are options out there to get much better odds on either outcome depending on the bookie you bet with:
So if you were interested in betting on the Thunder to win the match, you could bet at Betfair and get 1.99 odds
It may not seem like a big difference, but from a $100 bet, that’s an extra $10 winnings in your account. When you add this up over the course of an NBA season where 1,230 games are played you could be thousands of dollars better off simply by taking the best price around for your bets!
Betting needs to be viewed the same way as any other type of spending, and taking the best value is key. You wouldn’t buy a DVD for $39.95 at Myer if you saw the same title at JB Hifi for $15.95, and the same should be reflected in your betting.
Bonus Bets Means Bigger Payouts
To push things further in your favour, bookmakers can be ridiculously generous when setting up your account. Crownbet has had an offer where you simply sign up and deposit $50 and get a $150 bonus added on top, taking your balance to $200!
Considering a $50 horse racing bet where you get odds of 10-1 at the local TAB, you would get a return of:
$50 x 10 = $500
If you join Crownbet, for your $50 deposit you could place a $200 bet!
($50 + $150) x 10.00 = $1850 win after the $150 bonus bet stake is retained by the bookie.
So from the same $50 you outlay for your bet you would be $1350 better off simply by signing up with a new bookmaker. If you were betting at 5.00 odds, the difference is even bigger! With TAB you would get a return of $2,000, but with Crownbet you would have a return of $4,400 on an identical bet – an extra $2,400 in your account!
That’s just one example, and there are plenty of good bookmakers around with bonus bet offers ranging from $250 all the way up to $3,000 for new members.
If that wasn’t enough, the bookies email you their new promotions each week. So a conscientious punter, making the exact same bets as one with their blinders on, can win far greater amounts.
Important things to know:
You cannot set up multiple accounts with 1 bookmaker for your wife or other relatives living at the same address as you. This will be viewed as abusing the offer and you will likely have your account suspended.
When using the bonus bet, you may need to roll over your winnings before you can withdraw funds. This is something that most bookmakers do to ensure they’re attracting genuine punters, not someone that’s just there to place a single bet and disappear.
It’s always best to check each bookmaker’s terms and conditions to ensure you’re aware of all the rules of their offers, but generally if you aren’t planning to do anything blatantly dishonest you should be fine.
So which are the best offers to choose from?
These are the top 12 offers currently available via Sportsurvey.com.au,
Bookmaker Offers – Over $3,000 in Bonus Bets!
Sign up with all the betting sites below through our exclusive links to get over $3,000 in bonus bets.
Full terms and conditions of the offers on the bookmaker’s site. Best of luck on your bets!
|Sportsbet is Australia’s favorite bookmaker – live stream matches and cash out early when your team’s winning! Bet $250, get $250 bonus!|
|Crownbet is a popular new Australian bookmaker offering a great promotion for new members – deposit just $50 and get $150 bonus!|
|Bet365 is the world’s largest bookmaker with live streaming and competitive odds. Join now and Bet $200, get $200 bonus!|
|William Hill is one of the UK’s most popular bookmakers, and is now available in Australia. Get matched on your first bet with up to $200 bonus!|
|If you prefer pokies and casino games, 10Bet is offering a whopping $1010 bonus with the following promo codes!|
|888poker is offering online poker players $88 Bonus with no deposit required! Offer expires Dec 15th 2015 so get in quick!|
|Ladbrokes is matching your first bet up to $100. Bet $100, get $100 bonus! Join today and put on a multi bet|
|Get up to $200 in bonus bets at Centrebet! Some of the best odds around especially on NBA!|
|Betstar is great for horse racing and more! Join today and get up to $250 bonus with your first deposit matched!|
|$200 bonus! First Deposit Matched Bonus! Join Bookmaker now and get some of the best odds on racing and sports.|
|10Bet is offering a 100% deposit bonus for sports betting when you use the PROMO CODE AU200 – deposit $200, get $200 bonus!|
|Moneyball offers daily fantasy league tournaments with huge cash prizes for Australian members! NBA, AFL, NRL, Soccer and more! Sign Up Here!|
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