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Commonly Asked Questions

About Online Sports Betting

Many Aussies are new to online wagering and have a number of questions that they want to be answered. Here are some common queries that are often asked.
If a bonus offer is offered, you must turn over the bonus money before you can withdraw it from your bank account. For instance, you may need to turn over a deposit bonus two times before its real cash. So you may need to bet the amount of money two times at a certain odd that may be part of their terms and conditions. Example: If you had a $50 bonus bet and had to turned over 2x at greater than 2 odds you must bet at least $100 on odds 2 or greater in order to take out winnings if you had won money from that bonus bet.
Yes there is! GoldBet is the first Australian bookmaker to accept most top cryptocurrencies. If you got Bitcoin, Ethereum, Dogecoin or Litecoin you can do deposits and withdrawals. They will credit the AUD equivalent at the time of deposit with no fees.
This will depend on the type of Bookmakers out there. Usually, bigger bookies have quicker withdrawal times. We have seen the big guys like Sportsbet, TAB, and Bet365 do it within a day or two as they have quicker processes and more frequent withdrawal times. With newer betting sites, they usually process withdrawals the next morning, it’s best to check by looking at their banking terms and conditions or asking customer service directly. For first-time withdrawals, it should take 1-3 working days.
From our research and understanding, there should not be any fees if you are depositing directly from your bank account, debit card or Poli. If you are doing a cheque deposit, yes there are fees to do that but this is not a preferred method because your funds may be pending for a few days until the bank clears your cheque.
The best way to verify your account is by following the betting site’s KYC(know your customer) process. Usually, you will be notified by email after creating your account which most of the time you can verify through a specific section in your profile. Some bookmakers may request for you to reply to their email with legal documents meeting their requirements. Documents they may ask for are Passport, Driver’s licence, Government Identification, Recent Utility bills or debit card. We understand that these are vital and sensitive documents and the best way to be sure is to hop onto a chat with customer service and send your documents through that channel.
Betting is for adults. By Law you must be over 18 years of age to be able to create an online betting account. Minors under the age of 18 can’t open their accounts. If you are under 18 years of age your content winnings will be forfeited and outstanding bets will be voided, and are subject to be reported to the police.
You can only have 1 betting account with each Australian betting site. By having access to multiple betting sites you may find better odds and offers so it’s good to be resourceful.
Aussie Betting Sites helps you find new and old betting agencies across Australia. We help provide more information on new sites on their top features, ease of use and operations.

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