In-Play Betting in Australia

[NYRB]

Thought this would be the right place to ask , as there are many punters on this forum. I understand that in play betting is currently only allowed through telephone betting, and not available online after a particular sports event starts. I think for most punters its the inconvenience having to ring up to place a bet once an event starts at which time , sometimes it may take up to 5 minutes for bets to be accepted. (ive had days where it may take up to around 15 minutes from bookmakers) One only has to see on betting exchanges as to how much money is bet in-play especially in sports like: tennis, cricket, soccer to see that this a serious business for alot of people.

From what I heard the legislation was introduced back in 2001 mainly to protect money from online casino betting going overseas and to offshore companies who could take money from Australian punters.

Would you like to see in-play betting introduced? Has there been any updates regarding the legislation? Can we dream as Australian punters to have a day in the future where in-play betting will be allowed?

 

[Chism]

I agree and it needs to be looked at.

But in saying that we are a nanny country run by idiots that cater to the minority that whinge the loudest so I doubt we are ever allowed to do so.

 

[EDFL follower]

Of course they should let us but the do gooders have taken over. The best away around it is with a vpn.

 

[AEKBOMBERS]

Quite strange that they allow live betting for horse racing but not sport.

 

[iluvparis]

It's funny because it means the government would prefer you to bet with no information rather than partial information. But they are doing it so save punters

 

[burge13]

There are ways around it however I don't do it.

With the swing in odds for sports like NBA and BBL I think in-play trading would be pretty profitable. Alas, too lazy to actually do it.

Will delete this rather than potentially alert the wrong people but is betfair exchange (verify ID here as Australian) then VPN to UK the easiest way to do it?

 

[NYRB]

Will delete this rather than potentially alert the wrong people but is betfair exchange (verify ID here as Australian) then VPN to UK the easiest way to do it?

I have heard that if you travel to countries which do allow live betting eg New Zealand, UK, you can place bets in-play (if you are a registered Australian user) .

Have heard people use VPN, but eventually companies like Betfair, will give you a warning not to do it. Have also heard if you are based overseas for even short holidays, they may request you verify that you are based in that location eg. hotel , proof of residence.

 

[NYRB]

Anyway , maybe the power of the punters of Australia. If I or a group member were to start a petition and get around 100,000 signatures do you think that would potentially woe the government in changing this legislation?

At the moment, all I feel is this severely disadvantages the Australian punter more than anyone else. You would think living in the year 2020, we should have every right and living in a first world country, that we as consumers can choose how to spend our money and whichever platforms that may be.

 

[iluvparis]

Anyway , maybe the power of the punters of Australia. If I or a group member were to start a petition and get around 100,000 signatures do you think that would potentially woe the government in changing this legislation?

No

 

[99 Problems]

There will never be in-play betting here again. In the overall punting landscape it’s just not a fight worth putting any effort in to.

Phone betting not a real option. You’ll only get a handful of live bets on at any corporate before they identify you’re sniping prices (or even just green booking) and restrict you.

Betfair and a VPN is the answer. Their legal might send warnings occasionally but that’s all they are. Betfair want you to live trade, they just can’t legally promote it. They even run in-play trading seminars..where they will set you up with the software to live trade.

 

[Bucking Bronco]

They even run in-play trading seminars..where they will set you up with the software to live trade.

Link?

As far as I'm aware, using a VPN is grounds for Betfair to shut your account down and absorb all your money.

I was under the impression that they audit the movements of people who make/ withdraw lots of money, and are legally obliged to ensure that no one is circumventing the laws and can use it as an excuse to claim a large amount of money.

Maybe if you make a few thousand a year you can fly under the radar, but people who they have to audit due to large volumes of money being withdraw is likely a different story.

If you Google "Betfair VPN", there are a number of posts from people who have had their accounts terminated and had all their money seized.

Calling on the phone takes less than a minute most of the time, and while it's vastly inferior to betting instantaneously, it's better than running the risk of one day getting shut down and losing all the money in your account - potentially.

 

[54Dogs]

If you are serious about betting in play and being profitable 1 minute = A lifetime.

You need fast 3rd party software, reliable internet and speed is essential. Courtsiders will chew up most of the coin for sport, racing is more dynamic but with latency it's a challenge however coin can be made


Or so I'm told

 

[99 Problems]

Link?

As far as I'm aware, using a VPN is grounds for Betfair to shut your account down and absorb all your money.

I was under the impression that they audit the movements of people who make/ withdraw lots of money, and are legally obliged to ensure that no one is circumventing the laws and can use it as an excuse to claim a large amount of money.

Maybe if you make a few thousand a year you can fly under the radar, but people who they have to audit due to large volumes of money being withdraw is likely a different story.

If you Google "Betfair VPN", there are a number of posts from people who have had their accounts terminated and had all their money seized.

Calling on the phone takes less than a minute most of the time, and while it's vastly inferior to betting instantaneously, it's better than running the risk of one day getting shut down and losing all the money in your account - potentially.

Cricket Betting Tips | Free Cricket Predictions | Betfair Hub

Get cricket tips on the Betfair Hub. Betfair offers predictions, previews and betting analysis on major international and domestic matches.

www.betfair.com.au

There is a betfair article explaining the very basics of cricket trading, how a trader gets in and out of the game at certain points, then links to 3rd party software endorsed by one of the better known cricket traders. The software is all 3rd party so isn’t directly from betfair.

Betfair can’t just keep your money no matter what you do. The very worst they, or any Australian bookmaker can ever do is void your winnings in certain circumstances. You should never be processing large withdrawals from any betting account.

There’s a bunch of people here who make a living off live trading on betfair. Just don’t do anything silly and you’ll be fine.

 

[Bucking Bronco]

Cricket Betting Tips | Free Cricket Predictions | Betfair Hub

Get cricket tips on the Betfair Hub. Betfair offers predictions, previews and betting analysis on major international and domestic matches.

www.betfair.com.au

There is a betfair article explaining the very basics of cricket trading, how a trader gets in and out of the game at certain points, then links to 3rd party software endorsed by one of the better known cricket traders. The software is all 3rd party so isn’t directly from betfair.

Betfair can’t just keep your money no matter what you do. The very worst they, or any Australian bookmaker can ever do is void your winnings in certain circumstances. You should never be processing large withdrawals from any betting account.

There’s a bunch of people here who make a living off live trading on betfair. Just don’t do anything silly and you’ll be fine.

So you're suggesting that because the software is 3rd party, technically, they are legally able to turn a blind eye to it?

Interesting if so.

I have to call them up to change my TAC number sometime, so I'll ask them what's up then.

Last time I told them I had been using a VPN the woman swore me off it and said "no you can't".

When I have called up to live bet over the phone to hedge stuff in games, I have sometimes had to call 4 or 5 times on a Saturday night, and usually always got a different person each time, so I feel like they have a few too many people working the phones for it to just be a front.

Do you have any recs for 3rd party tools for "enhanced live trading experience"?

 

[99 Problems]

So you're suggesting that because the software is 3rd party, technically, they are legally able to turn a blind eye to it?

Interesting if so.

I have to call them up to change my TAC number sometime, so I'll ask them what's up then.

Last time I told them I had been using a VPN the woman swore me off it and said "no you can't".

When I have called up to live bet over the phone to hedge stuff in games, I have sometimes had to call 4 or 5 times on a Saturday night, and usually always got a different person each time, so I feel like they have a few too many people working the phones for it to just be a front.

Do you have any recs for 3rd party tools for "enhanced live trading experience"?

Don’t openly tell them you are using a vpn..that would come under don’t do anything silly. Personally I just use a VPN to connect to NZ and make sure I’m not connecting from multiple countries in a short time span. Betfair relies on turnover, they aren’t going out of their way to shut accounts..but if you openly tell them you’re breaking the law they’ll probably do something about it. Ive recieved the odd call or email years ago that I’d accessed

Software will vary depending on if it’s racing or sport, and if you want free or how much you’re looking to pay. Betfair themselves or a quick search depending on what you’re wanting to bet on will show you the well reviewed software and their features.

If you’re turning over a decent amount, enquire about getting an account manager. They’ll look after any issues and will invite you along to functions/seminars/piss ups. Remember Betfair actually wants you to bet and to win.

 

[juss]

There are ways around it however I don't do it.

With the swing in odds for sports like NBA and BBL I think in-play trading would be pretty profitable. Alas, too lazy to actually do it.

Will delete this rather than potentially alert the wrong people but is betfair exchange (verify ID here as Australian) then VPN to UK the easiest way to do it?

Hugely profitable. Can still profit via phone in play betting, just nowhere near as easy.

Il give everyone here an easy tip that will basically odds boost you on a ton of NBA games, wait til it starts. Most often its basket for basket or close enough and the bookies overreact and the odds close up. So a team that was $1.39 suddenly becomes $1.52 after 60 seconds because they go trail 4 - 2....

 

[FallingLiefs]

What happened to old mate Mr. Fearless on betfair. I know he got wiped in the BBL final last year but only saw a few results this year.

 

[Reveen]

What happened to old mate Mr. Fearless on betfair. I know he got wiped in the BBL final last year but only saw a few results this year.

Busted at the end of last year but now he's back for more:

 

[langdon19]

Phone betting not a real option. You’ll only get a handful of live bets on at any corporate before they identify you’re sniping prices (or even just green booking) and restrict you.

What is sniping prices and green booking? I'm running out of books and have used live phone betting, didn't know this caused restrictions.

 

[iluvparis]

Green booking is backing both sides of a market to ensure a profit no matter who wins

 

[juss]

Green booking is backing both sides of a market to ensure a profit no matter who wins

Pretty sure Betfair don't ban for that. But they are an exchange, this is why I encourage more people to use it.

There is one strategy to beat the corporates and one strategy only, it's a bank heist smash and grab. Get in, bet big, bet quick make your cash via promos and get banned and move to the next one. Repeat with your friends/partners/cousins account. Its the only way I have ever beat the corporates. They literally ban profitable punters you can't beat them any other way, if you haven't been banned it's because they still want you there.

 

[juss]

If you are serious about betting in play and being profitable 1 minute = A lifetime.

You need fast 3rd party software, reliable internet and speed is essential. Courtsiders will chew up most of the coin for sport, racing is more dynamic but with latency it's a challenge however coin can be made


Or so I'm told

Sports like cricket/tennis you don't need to be lightning fast you can often wait to the key moments end of sessions/days/sets/breaks of serve.
You're basically looking to secure a profit either result so you've got to be careful because sometimes the games dont allow it if the favorite smashes from the start, or flipside if they never come back.

Fast scoring open games are the most difficult. NBA can swing in seconds, as can Rugby and AFL. Soccer/NHL can work, but low scoring games are riskier. Enormous swings on the back of goals though which can be taken advantage of.

 

[mookieb]

So TopSport don't ban winners. Is it therefore ok to bet both sides with them to go for a middle or green booking?

I assume Betfair don't care they'll just be after the turnover.

 

[iluvparis]

Of course betfair don’t care. They have a friggen button to press that does it for you!

 

[Oraaaaazio]

So TopSport don't ban winners. Is it therefore ok to bet both sides with them to go for a middle or green booking?

I assume Betfair don't care they'll just be after the turnover.

I still wouldn't arb or middle at Topsport, they are reasonable but dunno that they'd take too kindly to that