HISTORY OF AUSTRALIAN SPORTS BETTING
If you’re betting on sports in Australia, there’s a good chance you’re doing it through the Sports bet website or app. Gambling is an activity undertaken by many Australians. As wagers continue to migrate online, the company remains at the forefront of a consistently booming industry. Gambling has its roots set deep in Australian culture as evident from the $19 billion spending on gambling in a year. An average Australian adult spends $1,500 a year on gambling which represents 3.1% of the total household spending. Over 80% of Australian adults engage in gambling of some kind, which is the highest rate of gambling in the world. The earliest forms of gambling showed a distinct British influence, and included among other things, horse racing.
The first recorded organized gambling event was a horse race, which was held in Hyde Park in 1810. Australia has long been known for its passionate love for all types of sports betting, and this has been a theme that has been with the country for countless decades. Ever since the country was first colonized, many of the people brought over their love of sports betting, and it continued to grow to the massive industry leader that is today. Since European settlement, Australia has always had a relatively relaxed approach to gambling and betting unlike the more restrictive regimes of countries like America or the United Kingdom. Government has seen the industry thrive over the years, making sizeable contributions to government projects.
Online sports betting is a common activity in Australia. Most adults participate in gambling at least once a year. In this article, we will discuss the history of the sports betting country, the social demographics of Australian gamblers, the growth of the online sports betting market and the best online bookmakers in Australia. This all changed with the growth of the internet and the arrival of Australian betting sites. One by one, more and more sites became available and more advanced, and Australian bettors took to this growing industry with a passion. Although betting on sports was illegal up until 1980, this did not discourage Australians from betting on their favorite sports from cricket to soccer. These days, the Australian sports betting industry is one of the fastest growing in the world. The easiest way to start betting online is to understand the terminology in the sports betting world.
A bookmaker, or bookie, refers to the company that provides the service. The person who places the bet is referred to as the punter. When you bet on a specific outcome of a sporting event, you’re backing. Today, there are many commercial arrangements between sporting events, clubs, stadiums and corporate bookmakers. This has led to an increase in the marketing and growth of sports betting. The National Rugby League (NRL) and Australian Football League (AFL) are engaged in such practices and account for about half of all sports betting in Australia. Overall, it seems that gambling will continue to prosper in Australia and will keep on providing Aussie punters the option to blow off some steam and possibly win a fortune. 고스톱사이트
There are 6.8 million regular gamblers in Australia – 39% of the population. Participation in lotteries was most common (76%), followed by instant scratch tickets (22%) and electronic gaming machines (EGMs) (21%) Males are over-represented among gamblers – 54% of gamblers are males versus 49% of the adult population.
