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Beginner’s Guide

The following is a comprehensive beginner’s guide to online sports and race betting in Australia. Most of what is covered applies to sports betting around the world, however the focus here is on the terminology used in Australia. Calculation examples use decimal odds. New terms are highlighted in bold.

Please note that this guide is currently under construction. Sections will become available as they are completed.

Contents

 

1. Introduction

 

2. The Basics

 

3. Glossary

4. Betting Agencies

 

5. Multi Betting

 

6. Other Betting Options

7. Live ‘In-Play’ Betting

 

8. Arbitrage

 

9. Practical Advice

10. Betting Strategies

 

11. The Kelly Criterion

 

12. Other Topics

 

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