Online Sports Bets FAQ’s
What is sports betting? Sports betting is the general activity of placing a wager on a sporting event.
Are there any membership fees? You never have to pay a membership fee when you sign up.
What sports can I bet on? You can bet on all major sports such as football, basketball, baseball, soccer, hockey, boxing, tennis, golf and horse racing.
What is the best strategy for sports gambling? The best strategy for sports gambling is to be in it for the long term to maximize profits.
How old do I have to be to open an account? You must be at least 18 years of age to place a bet
Is there a minimum amount required to open an account? There is no online minimum.
How do I withdraw money from my sports betting account? We offer a variety of methods for withdrawing money from our internet betting service.
How do I deposit money into my sports betting account? We offer a variety of methods for depositing money into your online sports betting account.
Is my personal information secure? We use the most advanced technology available to keep your accounts safe and secure. All transactions are completely confidential. We never sell or trade your personal information.
Do I have to pay taxes on my winnings? We do not provide any details regarding your account to any third party.
Winning Online Sportsbook
- Live Betting Trends – follow our live betting trends to make the best online sports bets.
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- Largest Propositions of any Sportsbook on the Internet – more chances to win at our online sports betting site.
Place Your Winning Online Sports Bets Today
Millions of dollars of online sports bets are placed with our internet sportsbook each week. Place your winning online sports bets today at our sports betting site! Take a look at our online sports bets on rugby, cricket, American football, basketball, baseball, hockey, soccer, tennis, golf, horse racing, boxing and more, and pick your winning team. We offer multiple ways to bet on your favourite games:
All Up Bet – An all-up bet involves choosing a maximum of four selections (Win or Place) in four different races. The prices of all selections (legs) are multiplied to determine the final dividend.
Best Fluc – Best fluc wagers can be placed up to 30 minutes prior to the advertised start-time of each race and are available on most Metropolitan meetings. The Win dividend is paid at the best of the Official Bookmakers’ fluctuations and the Place is paid at a price equivalent to the Tote Place dividend declared in the state in which the race is run.
Best Odds – Best odds is available on non-Metro races. It
guarantees the better of the official Bookmakers’ starting price (SP) and the official Win dividend.
Quinella - This is a bet is on the first and second place horse in a given race in any order.
Box Quinella – A box Quinella is where you choose more than two selections. You can choose as many runners as you like from the same race, however two of the selections must place First and Second in any order.
Standout Quinella – A standout Quinella is where you select as many runners as you like from the same race, however you must nominate the runner you think will place First or Second.
Trifecta - This bet is on the first, second, and third places in a given race in the correct order.
Standout Trifecta – A standard trifecta bet is where you select as many runners as you like from the same race, however you must nominate the runner you think will place First, Second or Third.
Box Trifecta – A box trifecta is a bet where you to choose three or more selections. You can choose as many runners as you like from the same race, however three of the selections must place First, Second and Third.
Daily Double -This is a bet on the first place position in two consecutive races, generally the first two of the day. The bettor must correctly pick both races to win.
Daily Triple/Pick Three - This is a bet on the first place position in three consecutive races.
Multi Bets – Multi bets s are made up of a combination of bets, all bundled into one in order to multiply the odds. They provide greater return than a standard bet, but at greater risk.
Over/Under Bets – An over/under bet is a wager in which a sportsbook will predict a number for a statistic in a given game and bettors wager that the actual number in the game will be either higher or lower than that number.
Parlays – A parlay is a single bet that is combined with other individual bets and is dependent on all of those wagers winning together.
Teasers - A teaser allows the bettor to combine his bets on two or more different games. The bettor can adjust the point spreads for the two games, but realizes a lower return on the bets in the event of a win.
Our reputable sports betting site provides you with the largest number of online sports bets and free sports picks. Place your online sports bets when you join www.Allbets.com.au TODAY!
Strategies for Placing Online Sports Bets
It is important to have good sports betting strategies when placing online sports bets. The more knowledge that you have, the better sports bet you will place. Make sure the sporting odds are in your favor. You will also want to check the lineups before the game starts. Are any players injured? What are the weather conditions? Finally, be patient and disciplined. Don’t bet on every game out there. Do your due diligence and place bets on the teams or games with the best odds.
Customer Testimonials
Great site – easy to use, easy to sign up – Fred
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Glossary of Internet Sports Betting Terms
All In - A betting proposition were no refunds are given for scratchings or withdrawals.
All Up - A bet were the stake and winnings of one bet are placed on another bet this can occur two or more times.
Arbitrage: A bet that locks in a guaranteed profit, whatever the outcome.
Back: To place a bet.
Bet: To risk something on the outcome of an event
Betting In the Run: To keep betting on an event after it has started, through to its completion or until the result becomes too obvious.
Board: Where betting odds, pools and other information is displayed.
Blue: Dispute over a wager.
Bowler: (Australian) A friend or acquaintance or other contact who is used to place bets so that the bookmaker will not know the identity of the actual bettor. Many professional punters and persons occupying sensitive positions use this method of wagering.
Box: A combination bet whereby all possible numeric combinations are covered.
Buck: Australian) $1
Buy Points: In sports betting, a player pays an additional price to receive half a point or more in his favor on a point spread game.
Cadger (Australian): Description given to a punter who continually asks for better prices / odds that are currently on offer.
Call: A running commentary of the position of horses in a race at various points.
Claim: Amount of weight deducted by an apprentice jockey according to the number of winners ridden in a period of time.
Correct Score: A bet that involves correctly predicting the final score of a game.
Correct Weight: Declaration of official finishing positions.
Cowboy: Jockey with little ability.
Cover: Win by more than the point line or spread. If such occurs you have "covered the spread or line".
Daily Double: (American) Type of wager calling for the winner of two consecutive races. Australians call this a Running Double.
Daily Double: (Australian) Type or wager calling for the winner of two pre-determined races.
Dead Heat: Race in which two or more competitors finish exactly even.
Disqualification: Change in order of finish by officials for infraction of the rules. (Often occurs after correct weight has been given)
Dividend: Winnings or odds described in $ terms.
Drift: When the odds on a team, horse or competitor lengthen.
Each Way: To bet an amount to finish first and an amount to finish a place. The amount of place positions and place odds are determined by the individual conditions of each event.
Edge: An advantage.
Even Money: Odds of 1 to 1
Exacta: A wager in which first and second finishers must be selected in the exact order.
Exotic Bet: Any bet other than a straight out bet.
Exposure: The amount of money the house actually stands to lose on a game or a race.
False Favourite: Team, horse or competitor who is a favourite despite popular opinion of being outclassed by others in the event.
Favourite: Team, horse or competitor most likely to win as determined by the odds.
Figure: Amount of money owed by or to a bookie.
Field: The group of horses in a race.
First Goal scorer: A bet placed on a player to score the first goal in a game.
First Try scorer: A bet placed on the player to score the first try in a game.
Fixed Odds: Fixed odds are a set price at which the Win portion of a bet will be paid at the fixed price as determined by the bookmaker.
Flat Line: Point betting where no half point is added.
Fold: (European) When preceded by a number, a fold indicates the number of selections in an accumulator.
Forecast: (European) A bet that involves correctly predicting the first and second in a particular event. This wager can be reversed or permed.
Form: The performance expected according to how a team, horse or competitor looks on paper.
Fraction: A calculated form of betting with odds where the bettor obtains an advantage when betting to a specified amount usually in multiples of 1000$
Furlong: One eighth of a mile.
Futures: Odds posted on major sporting events well in advance of the event.
Getting Down: (American) Making a wager.
Goliath: (European) A goliath is a multiple consisting of 247 bets involving 8 selections in different events. The bet breakdown is 28 doubles, 56 trebles, 70x4-folds, 56x5-folds, 28x6-folds, 8x7-folds and one 8-fold.
Good Thing: (Australian) A description of a sure winner
Grand: $1000
Gross Win: Win before expenses.
Half time bet: In sports betting this is a bet placed only on the second half of the game.
Handicap: A method used by bookmakers to make a one sided event become a more attractive betting proposition, also know as a point spread.
Handicapper: (Australian) Official who determines the weight a horse will carry in a thoroughbred race.
Head To Head: betting odds quoted for a two result betting proposition.
Hedging: Placing bets on the opposite side in order to reduce losses or guarantee a minimum amount of winnings.
Home Ground Advantage: Advantage the home team is expected to have as a result of familiarity with playing arena and effect of travel.
Hot Go: (Australian) Heavy action on one horse or team.
Knock Taker / Knocky: (Australian) Punter or bookie who doesn't pay.
Laying It On: (Australian) Taking a bet at odds on / less than even money.
Layoff: Wager made by one bookie to another to balance his action.
Limit: Maximum bet accepted by the bookie before the price / odds will change. The amount of credit a punter / client is given by a bookie.
Line: The current odds or point spread on a particular event.
Long shot: A team, horse or competitor that is unlikely to win according to the odds.
Locked In: (Australian) Committed to a bet. Locked In to a profit ; can't lose a bet no matter what the result.
Money line: This is where odds are expressed in terms of money. With money odds, whenever there is a minus (-) you lay that amount to win a hundred dollars, where there is a plus (+) you get that amount for every hundred dollars wagered.
Monkey: (Australian) $500
Mug: (Australian) Punter with little ability
Multi: (Australian) A description of a bet were there are two or more different betting propositions that must win to collect, all winnings are carried over to the next event.
Odds: The likelihood of the outcome occurring, stated in numbers form.
Odds Against: Odds greater than even money. A bet where your stake is less than the amount you expect to win.
Odds On: Odds of less than even money. Bets where you have to stake more than the amount you expect to profit by.
On The Nose: Betting to win only.
Parlay: A bet with two or more teams where all the teams must win for the bettor to be successful.
Past The Post: (Australian) A description of a sure winner.
Pick / Pick Em': A game with no favourite, an even match-up.
Place Bet: (Australian) Bet to finish first, second or third and in golf tournaments sometimes to finish fourth or fifth.
Player: Bettor, punter, gambler, competitor.
Point Spread: Used in football and basketball to make the game even by adding points to the score of the outsider / underdog or subtracting points from the favourite.
Pony: (Australian) $25
Performance Bets: Form of index betting when an artificial point scale is used to measure the outcome of a sporting event.
Price: The odds (line) or point spread.
Punt: To bet.
Punter: Description given to bettors, gamblers and bookie's clients. The main man.
Push: Tie, neither side wins and all money is returned to the punter except in the case of "half face value of ticket".
Quaddie: Type of wager calling for the winner of four pre determined events.
Quinella (Standard): A Standard Quinella is when two runners are selected to place first and second in any order.
Quinella (Box): A Box Quinella allows the ability to choose as many runners as you like from the same race, however two of the selections must place First or Second in any order.
Rotten Egg: (Australian) Punter who has a history of not paying his debts.
Rundown: Updates of all odds, lines, point spreads and scores.
Runner: One who places bets or gathers betting information for another.
Running Double: Type of wager to pick the winner of two consecutive races.
Score: A big betting win.
Scratch: To start from zero.
Scratched: Withdrawn, cancel. A horse is scratched from a race / withdrawn.
Smarty: Established and successful punter.
S.P.: (Australian) Abbreviation for "starting price".
Spread: Abbreviation for point spread
Square: Unsophisticated gambler.
Starting Price: The price / odds of a horse, team or competitor at the start of the event.
Straight Out: A bet to win only.
Stop Loss: (and stop profit) Used in index betting to seal your calculated loses on a betting proposition. i.e. rugby league stop loss 40 - you can only win or lose 40 times your stake.
Take the Price: (Australian) Taking the fixed odds on offer.
Tic Tac: The sign language that was used by bookmakers to relay odds to each other on course.
Tip: Knowledgeable advice as to the probable winner of an event.
Tote Odds: The dividend converted to odds returned by a pari mutuel betting system.
Tout Service: A business that sells opinions and information on sporting events.
Tray: (Australian) $300
Treble: A bet consisting of three selections, all of which must win for the wager to be successful.
Trifecta: Betting proposition in which first, second and third must be picked in correct order. This bet is often boxed.
Turn Over: Total amount of bets wagered with a bookie.
Two and Three Ball: Golf betting that involves predicting a player from a group of two or three to score the lowest over 18 holes.
Under Dog: The outsider in a betting proposition.
Value: Getting the best odds on a betting proposition; the highest possible edge.
Win: Bet to finish in first place.
Wooden Spoon: A betting proposition in which it is required to pick the team which finish last in a competition at the end of the home and away season.