How to legally bet on all types of racing in Australia

Dating back to the early 1800s, Australians have always loved a bet. The method of betting has constantly evolved. Originally bets could only be placed at the racetrack on race days which lead to the introduction of illegal ”SP Bookmakers” who held bets for punters who could not make it to the track. This was heavily unregulated and led to many issues within society.

The government then introduced “Totalisation” to enable punters to legally place a bet without heading to the track while bookmakers could compete and still operate. The betting industry became somewhat stagnant throughout that period and many pundits held long-term fears for the viability of the industry.

The emergence of the internet has seen an explosion in betting and it has never been easier to place a bet within Australia. Bettors can watch sports and racing 24/7 and place bets from their mobile devices, something that was unheard of in the past. The industry has transformed into a vibrant one, something that did not seem possible 30 years ago.

You can bet on events like horse racing betting, greyhound racing betting, harness racing betting, and many more.

How can you bet safely online?

Placing a bet online has never been easier with new online bookmakers entering the market regularly. It is essential to do your research before opening an account with a bookmaker and to find one that you can trust. It pays to have an account with a bookmaker with a good reputation who is licensed and regulated by a respected authority.

There are three main characteristics that a good online bookmaker has.

1. The bookmaker must have integrity and can be relied upon. Research the bookmakers’ reviews before opening an account. This can save any unwanted issues further down the track.
2. The bookmaker needs to be licensed and regulated by a reputable authority so that your hard-earned (and won!) funds are secure. Australian State governments have a great reputation within the wagering industry. It makes sense to bet with an Australian bookmaker.
3. With so many new players in the online betting market, it can be hard to know who is in it for the long haul and who is “here today, gone tomorrow”. It is best to choose a bookmaker that has been around for a substantial period of time and is respected within the industry for your own peace of mind.

Who should I bet with? 

With so many options out there, it is important to bet with someone you can trust! The Palmer name is synonymous with bookmaking in Sydney and goes back three generations. They have embraced the online betting growth via their website Palmerbet.com and operate under the regulation of Racing NSW. They are financially guaranteed by the NSW Bookmakers Co-Operative and licensed by the NSW government. With Palmerbet, you can bet on events like horse racing betting, greyhound racing betting, harness racing betting, and many more.

When looking for somewhere to bet online, look no further than Palmerbet. They are in the game for the long haul and you can bet with confidence.