The most important aspect of betting on horse racing is to secure the best possible price for your wager. This is the one fundamental difference between corporate bookmakers and the TAB. Certainly, there are a few different betting options available to you as a punter but I dare say that with 99.99% of wagers placed, the price of the online bookmaker is better than the price offered by the TAB’s around Australia.
The TAB’s have enjoyed a monopoly on horse racing betting from the punting public and with so many TAB outlets in pubs and clubs across the country, there has always been a large volume of walk in traffic. With the advent of the internet, the greater visibility through advertising of the corporate bookmaker and now PayTV bringing Horse Racing into our lounge rooms has seen the punter enjoy a wide range of new and improved betting options in recent times.
Online betting is convenient for many of us and the corporate bookmakers have really set the standard when it comes to customer service. They continually promote their business by rewarding the loyalty of their customers with deposit bonuses, reload bonuses and competitions with cash prizes and free betting vouchers. This all equates to a bigger bang for your buck when betting with online bookmakers.
Is Betting with Online Bookmakers Safe?
The internet has made life very convenient for many of us like paying our bills online in the comfort of our own home without having to leave the house to pay in cash, charge it or write and post cheques. The online bookmakers use the same security features as the banks use to protect the privacy and funds of their customers.
Australian Licensed Bookmakers are some of the most heavily regulated in the world, so you can be confident that your that your money will be safe and your winnings will be paid in full and on time.
Advantages of Betting with Online Bookmakers
1.) New Account Free Bets:
Most online bookmakers offers new customers a free bet when opening up a new account. You can also receive a percentage of your initial deposit as an extra deposit amount (deposit bonus) for you to bet with. Each online bookmaker offers different deposit bonuses. You can receive anywhere from the “industry standard” $100 free bet for opening a new account and up to $1000 from IASbet if you’re a highroller.
2.) Best Horse Racing Odds
The Online Bookmakers all offer different betting products that are designed to give you better horse racing odds than the TAB prices offered.
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Advantages of Betting with TAB
As mentioned earlier, the TAB does enjoy one advantage over the online bookmaker and that is the amount of TAB outlets it has Australia wide.
This has provided great convenience in the past, however, all online bookmakers now offer a telephone betting service. With almost everyone owning a mobile phone today, you can get your bets on from anywhere, either down at the track or while watching the TV coverage.
The TAB have certainly had their place in the Australian Racing Industry for a long time. The key point to note here is that greater competition from the Online Bookmakers has brought about much improved convenience, betting products and odds for the Aussie Punter to access which is why so many punters have now switched across.
The only way to find out is to try them for yourself and see!
[ View a list of our top recommended Australian Online Bookmakers ]
