Australian Sports Betting Bonuses

The Australian government has prohibited the advertising of sports betting bonuses, free bets, bonuses, bet credits, and similar promotions. Most sports betting sites offer bonuses and promotions to entice players to sign up and bet. These offers include free bets, no deposit bonuses, free spins, reload bonuses, and many others. Betting sign up bonuses are illegal in Australia, however a bookmaker is allowed to give you bonuses that are similar to betting sign up bonuses if you are already a customer. 

Australia's sports betting law prohibits us from telling you exactly which promotions you will get when you sign up for an account at any particular Australian betting site. Once a customer betting sites can offer bonuses to existing customer.

Common Types of Betting Bonuses Available

Bonus Bets

Bonus bets are essentially complimentary bets and they are funds which can be used instead of one's own money when placing bets, bonus bets may be given as a part of a loyalty program after making a deposit or without any apparent reason.

Free Bets

The most common type of sports betting bonus is called a free bet. This means that when you place a wager at the site, you receive a free bet. Free bets usually come with a small amount of risk attached to them. Free bets often have a number of restrictions attached to them such as being eligible for specific markets or only being able to be used for certain types of bets.

Bet Credits

Bet credits and bonus bet are essentially the same thing, credits that you can utilize instead of your own cash when placing wagers. Bet credits might be given to you as an incentive for betting a great deal, as a part of a particular promotion, or as a warm welcome after you have made a betting site account. The amount of bet credits varies depending on the type of sport being played. Some bookmakers offer bet credits for every game, while others limit them to certain games. And some bookmakers offer bet credits only for certain teams or players. Most bet credits expire after 30 days, although some may be valid for longer periods. So keep checking your emails regularly to ensure you don't lose out on valuable bet credits.

Deposit Bonuses

Deposit bonuses are free wagers, bet credits or bonus wagers that you win after making a qualifying deposit, typically matched 100%. A deposit bonus may also be doubled, matched 200% or 50%.

No Deposit Bonuses

No deposit bonuses are completely free bets, bet credits, or bonus bets that you get after doing nothing. These are considered the best type of bonus that can be provided. A gambling website will give you a certain amount of money to be utilized for your wagers and you don't have to utilize any of your own cash. No deposit bonuses are one of the best types of sports betting bonuses because these are 100% risk-totally free.

Profit Boosts

Price boosts are the exact same as odds boosts. When you bet on a sporting event or race, you can increase your chances of winning by increasing the amount you wager.

Odds Boost

Odds boosts are one of the most popular types of betting site bonuses. They allow you to increase your odds, and therefore improve your chances of winning. You may apply your own odds boosts as desired, or you may choose to take advantage of the ones offered by the betting site. Most Australian betting sites offer odds boosts every day, and they are very common. With an odds boost you can often increase your chances of winning, and you can do this by increasing your odds.

Money Back Offers

Money-back offers can be found on almost every sports betting website. They vary by sport but essentially they are when you get your bet back in the form of bonus bets when your bet loses, but comes close to winning (i.e. within a certain percentage). Common money-back offers are when the horse you backed to win comes second, third or fourth, when the match you bet on went into extra time or ended as a draw, or when your runner or player got disqualified.

2022 Best Australian Sports Betting Sites

JustBet

Easy-to-use platform for sports betting on races and sports, with fast access on desktop and mobile devices.
Overall Rating
4.95

PuntNow

Mobile and browser betting for the best experience
Promo Code: newbookie
Overall Rating
4.91

MidasBet

Betting next level with daily promotions.
Promo Code: newbookie
Overall Rating
4.9

WinnersBet

Best overall Australian betting with daily promotions.
Promo Code: newbookie
Overall Rating
4.8

Playup

Easy to use site with fair amount of sports available but limited markets.
Overall Rating
4.6

Palmerbet

Wide range of sports betting options
Overall Rating
4.5

TAB

Relatively young betting site focuses primarily on horse racing.
Overall Rating
4.5

Neds

Access to a variety of sports betting markets
Overall Rating
4.4

Sportsbet

One of the oldest and largest bookmakers in Australia with over 20 years of experience.
Overall Rating
4.4

Ladbrokes

Online sports betting & odds
Overall Rating
4.3
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Newbookie.com.au is Australia's leading provider of free, daily sports betting tips, articles, blogs and reviews of the best Australian sports betting websites. We cover a wide variety of sports with a strong focus on AFL, NRL, Horse Racing, NBA, Cricket, Golf, NFL and UFC along with Daily Fantasy Sports, Esports betting and Reality TV Betting. We have also partnered with Australia's best online sportsbooks to bring our followers some fantastic promotions.