Cricket Betting Australia

Online gambling is legal in Australia, and there are a wide number of online agencies based in Australian and overseas with whom Australian residents can open accounts. Some of the best sports betting sites that offer cricket betting markets include:

www.Betfair.com: Betfair is a betting exchange that allows account-holders to back or lay bets. Betfair is licensed and regulated to offer Australian Markets by the Tasmanian Gaming Commission, and offers markets on a range of cricket markets, including the IPL.

www.Bet365.com: Established in 2000 and registered in the UK, bet365 allows Australian residents clients to open accounts in Australian Dollars. Bet365 offers a wide range of cricket markets involving the Australian national team.

www.Bodog.com: Bodog runs three betting sites, one aimed at Asian customers (Bodog88), another at European customers (Bodog.co.uk) and a main site for US and other international clients at Bodog.com. This latter site accepts Australian clients and offers markets on a range of international cricket events involving the Australian national side.

Local Laws and Regulations

Sports betting online is legal in Australia, although there are restrictions placed on gambling operators by the Interactive Gambling Act of 2001. Under this act it is illegal to offer ‘interactive’ bets over the internet, which includes live betting markets on sporting events. This restriction has been challenged in court by some Australian bookmakers, who are permitted to take live bets over the phone and argue that the discrepancy is not logical.

In practice, nearly all bookmakers open to Australian clients, both Australian and non-Australian, offer live betting on cricket matches. It is extremely unlikely that any account holder would be prosecuted for placing a bet online on an in-play market.

Depositing and Withdrawing Funds for Indian Bettors

Australian customers have a number of options for depositing and withdrawing funds, varying according to which bookmakers is being used. Nearly all agencies accept deposits by Visa or Mastercard credit cards, and the majority also accept deposits via direct bank transfer. A range of eWallets can also be used, such as PayPal, Moneybookers and Netellers, as well as the Ukash prepaid card that can be purchased and the deposited into an online account. Some Australian-based bookmakers also accept deposits via BPAY, an Australian electronic money transfer service. Deposit limit vary depending on the method used and the terms and conditions of the specific bookmaker.

Withdrawals are also available using some of the methods available for deposits, most commonly bank transfer, credit card transfer, or using an eWallet service. Payments can also be made by cheque with some bookmakers.

Cricket Competitions in Australia

Australia has a long heritage of cricket competitions, with the main first-class competition, the Sheffield Shield, having first been contested in 1892. The Sheffield Shield, along with the premier domestic one-day competition, the Ryobi One-Day Cup, are played between the six Australian states of Tasmania, South Australia, Victoria, New South Wales, Western Australia and Queensland.

Between 2005 and 2011 a national Twenty20 competition, the KFC Big Bash, was played between the state sides. From the 2011-12 season the Twenty20 tournament has been revamped, and will be played between city-based teams, with eight sides taking part in the Big Bash League. The format allows for further expansion in the future depending on the success of the competition.