Where can aussies bet when Pinnacle & others leave our shores?

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23 Responses

  1. I have used a broker myself (I went with premiumtradings, so far happy with them), it helped me quite a lot to access some markets closed to me otherwise. I remember when I was getting started my biggest doubt was whether they are totally reliable. But now I think with the established brokers (like the ones listed above) there is not much to worry about in that respect. One must find a solution, life is surely hard without Pinnacle.

  2. Steve says:

    Without Pinnacle I would quit.

  3. Julie Auber says:

    Can i bet on player performance market in basketball, on sportmarket, such as number of points of a certain player or such…they have them on Betfair?

  4. Steve says:

    I doubt it, they only have major sports and the most popular markets.

  5. Julie Auber says:

    shame, I have a nice thing going in that market 🙂
    Maybe you know some asian bookies that have this in their offer and are solid (wont restrict me in like 20 days like some bookies…) like Pinnacle or something like it.
    Which bookies come close to Pinn so I can research if they have this market…

  6. Steve says:

    I don’t think any of the asian books have these markets.

  7. steve jones says:

    If Pinnacle pulls out of Australia in 2017, and you have to give up betting, it could be one of the greatest favours to winning punters. So long as you do not leave your past winnings in bank accounts, rather purchase hard assets. Just look up “bail in” laws if you have any doubts. As all unbacked fiat currencies have done in history, they all should reach their intrinsic value later this year.

  8. Scott Simpson says:

    Why do you think things will improve in the 2020s?

  9. Steve says:

    That will be enough time to see what they implemented fixed nothing and they will look to tackle the smaller issues.

  10. pro_tipping says:

    My experience with both Asianconnect and Premium Tradings has been great. The bitcoin options are a nice addition, but the exchange rates they use for BTC are terrible, compared to standard currency conversions.
    For example: deposit 1 BTC will convert to 864 euros.
    Withdrawing 864 euros will get you 0.901 BTC.
    You pay the price for using anonymous money.

  11. Steve says:

    Bitcoin still has a lot of issues, as it is still very volitile.. So you could deposit 1 bitcoin in January when it is worth $900, you could double that and withdraw 2 bitcoins in March when each bitcoin is only worth $450, so even thought you doubled your bank, you come out even, or it can also work in the opposite way.

    So you are really gambling twice, the actual sports betting and gambling on the bitcoin price. It will need to become fairly stable before it really takes off.

  12. pro_tipping says:

    This would be true for ‘real’ BTC books like Cloudbet and Nitrogen. The brokers however convert your BTC to euro or US$ so the volatility your exposed to is limited to the time it takes to withdraw and then convert again to AU$.

  13. actionho says:

    What about Centrebet? Apparently they now explicitly welcome winners

  14. Steve says:

    Currently only on Horse racing and a few Sports (NBA, Big Bash) and only 2 hours before kickoff. It’s a step in the right direction, but from their prior actions, we will just wait and see how long it lasts.

  15. Stewboss says:

    If you recall, Sportsmarket Pro pulled the plug on the UK too not long after the POC tax law was passed. Presumably this was because they didn’t have the necessary license. Same thing will most likely happen in Oz.

  16. Steve says:

    Yep, that’s why it’s a good idea to sign up to as many as possible and see which ones allow access.

  17. Brad Valentine says:

    It doesn’t appear that sport market pro allow bets on AFL? Is this correct?

  18. Steve says:

    No, but if enough people email and ask them, they will add it.

  19. Wilson says:

    Sportmarket restricted Betfair for Australian customers last year. Did they or will they for Pinnacle after March 12?

  20. Byron says:

    Well what an extremely sad state of affairs it is presently.

    As of 19th March Sportmarket no longer accept AUD as a currency option.

    As far as I knew this was the first, last and only place that had Australian dollars as a currency option.

    Its a real shame as I found them quite good.

    Are there any other options with Australian dollars ?

  21. admin says:

    Everything is now EUR or USD. Transferwise is a great option though.

  22. Josh says:

    > Note: It is not illegal for an individual to bet with an offshore bookmaker, it will only be illegal for these bookmakers to offer a service.

    Is this also true for online in-play betting (i.e. it’s not illegal for an individual to bet in-play with a bookmaker, but it is illegal for a bookmaker (or betfair) to offer this service)?

  23. admin says:

    Hi Josh, I believe that is the case, but as always DYOR.
    Cheers
    Steve

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