In-Play Betting in Australia

Would you like to see In-Play Betting in Australia?

  • Yes

    Votes: 26 96.3%
  • No

    Votes: 0 0.0%
  • Maybe

    Votes: 1 3.7%

  • Total voters
    27
  • This poll will close: .

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NYRB

Norm Smith Medallist
Oct 6, 2011
5,645
2,112
Auckland, New Zealand
AFL Club
GWS
Other Teams
Patriots, Perth Glory, Wildcats
I think Australian punters lose out.

If we are an Australian consumer and are restricted to shopping just for 'Australian products', the Australian consumer loses out. We as consumers should be able to have the option of shopping internationally and locally. The TAB offers such as inferior product that it isnt funny.

The betting exchanges for instance caters towards a different class of punter, a sophisticated and more technology savvy punter. The TAB will still have their own recreational punters.

I had to travel to New Zealand last year for instance for about 4 times to bet in-play and yes its worth it. Id rather have the option of betting in-play over the internet rather than in-play over the phone any day of the week. Its not only about the timing of the bets, its the inconvenience of having to call up multiple times for a match which irritates me.

I read this article back in 2015: https://www.theaustralian.com.au/na...g/news-story/b3b75c858855347974e30bb0bb42744d


Its also interesting the people resisting in-play betting are the TAB's and Senator Nick Xenophon. Never thought Id say it, but the Kiwis are ahead of us in laws and punting. And a couple who I have spoke to laugh when they hear how strict our government is on this issue.
 

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NYRB

Norm Smith Medallist
Oct 6, 2011
5,645
2,112
Auckland, New Zealand
AFL Club
GWS
Other Teams
Patriots, Perth Glory, Wildcats
VPN into New Zealand.
Login to Betfair.
You can now bet in-play without calling up.
Voila.

Do they give you a warning from time to time?

I havent done it for ages for fear of getting my account banned. I think from experience Betfair have warned me 2 times to not do it.
 
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NonPhixion

Bookie Assassin
Mar 27, 2018
4,711
6,067
AFL Club
Collingwood
Other Teams
Cleveland Browns, Tony Ferguson
In play betting should be legal and there should be a bet minimum in place at all bookies, sick of them banning the winning punters
I understand your frustration. But at the end of the day the small % of winning punters would take a looot of profits off the bookies if they had no limits, I’d doubt they would even make money tbh. It is however very annoying & you can only make a certain amount of ‘burner’ accounts...
 

burge13

Premiership Player
Jan 25, 2019
4,289
7,785
AFL Club
Adelaide
I understand your frustration. But at the end of the day the small % of winning punters would take a looot of profits off the bookies if they had no limits, I’d doubt they would even make money tbh. It is however very annoying & you can only make a certain amount of ‘burner’ accounts...
Sportsbet spend 8 figures a year on advertising. I think they'd do OK lowering their advertising slightly yet allowing winners to punt
 

Oraaaaazio

Club Legend
Jun 23, 2014
1,554
2,216
AFL Club
Essendon
Do they give you a warning from time to time?

I havent done it for ages for fear of getting my account banned. I think from experience Betfair have warned me 2 times to not do it.
as far as I know they've never canned anyone for it, I got emails warning me years & years back but haven't heard anything since probably 2015. Since that they have actively promoted people betting in play (without actually saying the words "download a VPN to bet live") with their trading series on Youtube with Matt Barker amongst others and they've promoted blokes on twitter etc. who they know are based in Aus and they know are using VPNs to bet live. They turn a blind eye, I guess they have their measures in place to stop people betting in play from Aus and it's the customer breaking laws using a VPN.
 

langdon19

All Australian
Dec 2, 2008
905
615
perth
AFL Club
West Coast
I understand your frustration. But at the end of the day the small % of winning punters would take a looot of profits off the bookies if they had no limits, I’d doubt they would even make money tbh. It is however very annoying & you can only make a certain amount of ‘burner’ accounts...
Can’t they just get 400k at $1.90 on one side of a bet and 400k at $1.90 on the other side and make a good profit?
 

langdon19

All Australian
Dec 2, 2008
905
615
perth
AFL Club
West Coast
Team A 400,000 x 1.90 = 760,000
Team B 400,000 x 1.90 = 760,000

Outlay $800K to return $760K. Not the best investment
No I mean the books profits, so on that bet they pull 40k, that they also limit people like me who throw a few hundred bets around is very frustrating, I believe with ppl like me they are still pulling a good profit, read somewhere the ceo of 365 made 400 mill or something
 

99 Problems

All Australian
Aug 4, 2016
843
885
AFL Club
Sydney
Other Teams
Everton
No I mean the books profits, so on that bet they pull 40k, that they also limit people like me who throw a few hundred bets around is very frustrating, I believe with ppl like me they are still pulling a good profit, read somewhere the ceo of 365 made 400 mill or something
It’s nice in theory, but add in racing fees/relevant sporting body fees, taxes and overheads and they aren’t making money doing that.

The problem is they offer so much to losing punters who aren’t going to be happy to give up their benefits (money back 2nd/3rd, bonus bets/odds boosts etc.) to help cover letting winning punters actually play.

The Bet365 money is being made from their overseas operations, certainly not here.

Corporates were scummy for well over a decade and making decent money, but right now they’re getting absolutely screwed over by governments and racing/sporting authorities and we’re having to help pay for it.

Topsport offer a great product for winning punters, we just need more people (especially recreational) using their product.
 

langdon19

All Australian
Dec 2, 2008
905
615
perth
AFL Club
West Coast
It’s nice in theory, but add in racing fees/relevant sporting body fees, taxes and overheads and they aren’t making money doing that.

The problem is they offer so much to losing punters who aren’t going to be happy to give up their benefits (money back 2nd/3rd, bonus bets/odds boosts etc.) to help cover letting winning punters actually play.

The Bet365 money is being made from their overseas operations, certainly not here.

Corporates were scummy for well over a decade and making decent money, but right now they’re getting absolutely screwed over by governments and racing/sporting authorities and we’re having to help pay for it.

Topsport offer a great product for winning punters, we just need more people (especially recreational) using their product.
Some interesting points here, yep and just joined TS and Betfair, is it true you don't get limited by these 2?
 

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NYRB

Norm Smith Medallist
Oct 6, 2011
5,645
2,112
Auckland, New Zealand
AFL Club
GWS
Other Teams
Patriots, Perth Glory, Wildcats
Some interesting points here, yep and just joined TS and Betfair, is it true you don't get limited by these 2?
Betfair don’t have any limits . You will get close to the best odds possible for pre-match for AFL compared to any other bookie. In play it depends on “how much “ is available , liquidity wise. but during the season for big matches, and finals you will get as good as any other bookie during the match as well.

for main sports , they offer better odds pre match and in -play.
 

NYRB

Norm Smith Medallist
Oct 6, 2011
5,645
2,112
Auckland, New Zealand
AFL Club
GWS
Other Teams
Patriots, Perth Glory, Wildcats
Betfair dont ban clients. They are a betting exchange, they simply take a commission off the winners of around 2 to 5% of winnings. It still works out to be better than what bookies odds offer most of the time. they also give you the ability to “trade” or what they call “hedging/ locking profits “ .
 

NYRB

Norm Smith Medallist
Oct 6, 2011
5,645
2,112
Auckland, New Zealand
AFL Club
GWS
Other Teams
Patriots, Perth Glory, Wildcats
I Have a formula that works out the real odds if you were to simply place a “back” bet on Betfair to real terms odds. This is an example of a premier league game on tonight:

Brighton 2.26, Draw 3.25, Crystal Palace 3.90 on Betfair

Brighton 2.10, Draw 3.20, Crystal Palace 3.60 on TAB


After commission , assuming 5% which is the highest commission rate on Betfair. If you were to back Brighton to win, the real odds you are backing them are:

real odds = (2.26-1) x 0.95 +1=$2.197

now compare that $2.197 and $2.10 on TAB and you see that it’s only a small difference but long term it will be profitable to use an exchange in the case such as this. I find TAB odds rarely beating Betfair exchange after commission .


now if you happen to be a high turnover customer on The lowest commission structure, of 2%.

real odds=(2.26-1)x 0.98 +1=$2.2348


so you can see in an example like this why a punter on a lower commission rate is rewarded.
 

99 Problems

All Australian
Aug 4, 2016
843
885
AFL Club
Sydney
Other Teams
Everton
Topsport will only restrict you if you get involved in grubby business (eg. picking off obvious mistakes like events staying open after start time or obvious incorrect prices). Unlike the big corps like Sportsbet who don’t bet back, Topsport rely pretty heavily on betting back which allows them to play winning punters.

They’re much smaller than the other corps so they do have to stay within reason on bet sizes, but realistically 99% of punters aren’t betting big enough to worry about that. They often have the lowest % on most markets, and because they play the smart money they are a great guide for where prices/totals will trend throughout the week.
 

Austoraisetheurn

Team Captain
Aug 25, 2019
556
920
AFL Club
Collingwood
Topsport will only restrict you if you get involved in grubby business (eg. picking off obvious mistakes like events staying open after start time or obvious incorrect prices). Unlike the big corps like Sportsbet who don’t bet back, Topsport rely pretty heavily on betting back which allows them to play winning punters.

They’re much smaller than the other corps so they do have to stay within reason on bet sizes, but realistically 99% of punters aren’t betting big enough to worry about that. They often have the lowest % on most markets, and because they play the smart money they are a great guide for where prices/totals will trend throughout the week.
What is bet back?

I remember a few hours before the 1st Ashes test started last year, TopSport had a market up for a fifty to be scored in England's first innings @ $7.00. Essentially money for jam.

I pounded it like me and my fling had a good session last Friday night.
 

BethanyBet

Draftee
Feb 6, 2021
1
0
AFL Club
West Coast
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