Daily Bulletin

Entertainment

  • Written by Greg Rogers


Australians like to have a bet. They bet on sporting events, dog races, harness racing and they wager huge amounts of money on events at thoroughbred horse race meetings.

Not long ago, Australians had to actually attend at a race track if they wanted to have a bet on a horse race. Licensed Bookmakers on the course handled each bet and people would walk up and hand over cash in exchange for a betting ticket.

Of course, there were off track "Bookies" who were unlicensed betting operators often found at local hotels. They ran an unofficial betting business that provided a service for people who wanted to have a bet on a race but could not go to a track. Punters would listen to races on the radio to learn the fate of their "investment".

Various State and federal governments in Australia worked out that police could not stop illegal betting and so they were missing out on huge amounts of racing taxes. They came up the idea of opening official local betting shops or Totalisers. These TABS as they were known, worked out well for everyone involved. The public were protected from crooks as they could place a bet in a tightly regulated outlet. The government took a slice of the turnover and there was more money available to put back into the racing industry.

Technology has led to another gambling revolution. Online casinos like www.australianonlinecasino.org provide an online location where people can place a bet on any one of hundreds of casino or slot games. New games are coming online all the time so regular punters and those looking for entertainment, can go back often to see new betting options that provide fun and entertainment as well as the chance to make some extra money.

Online betting is a great way to place a bet on sporting events without having to leave your home. You can watch an event on TV or on an app and place a bet at any time. Betting businesses keep records of financial transactions in personal betting accounts and winners can withdraw their money easily.

Recent innovations in online betting include online simulated Lotto options which do not actually run a Lotto game but provide betting on the outcome of real life Lotto draws. These are very popular with people in Australia but not so popular with the government which does not share in a percentage of the turnover, as they do with "real" licensed Lotto draws.

Better give those a try now if you wish to try them out, as the government is looking at them closely with a view to removing competition to Lotto draws from which they make money.


The Conversation

Politics

Prime Minister on the Alan Jones Show

ALAN JONES: Prime Minister, good morning.    PRIME MINISTER: Good morning Alan, how are you? Good to hear you back on the air.   JONES: Thank you. Thank you very much. Can I just - there's a lot...

Alan Jones - avatar Alan Jones

The Greens side with activists, not farmers

The Greens’ Agriculture Spokesperson, Senator Janet Rice, today made some disgraceful comments in relation to the Government’s tough new penalties for keyboard warriors who incite activists to inv...

Senator Bridget McKenzie - avatar Senator Bridget McKenzie

Scott Morrison interview with Alan Jones - 2GB

ALAN JONES: The Prime Minister's on the line from Melbourne, Prime Minister good morning. PRIME MINISTER: Good morning Alan ALAN JONES:  thank you for your time. I wish we had three hours but look...

Alan Jones - avatar Alan Jones

Business News

Payright buy now, pay later

Australian fintech and payment plan provider Payright today announced its move into e-commerce enabling accredited merchants to add the payment option to the checkout in their online store. Customers ...

Christine Kardashian - avatar Christine Kardashian

Home Office Ideas To Transform Your Office Into Something Great

It's a wise decision to make your home an extension of your main office or simply a standalone office. You can save money since you’re no longer renting an office space, and you feel more relaxed ...

News Company - avatar News Company

Tips To Ensure The Best B2B Ecommerce Customer Experience

The B2B ecommerce space offers an incredible array of opportunities. It is has registered growth at more than double the size of B2C ecommerce. These tips will help you greatly in improving your cu...

News Company - avatar News Company

Travel

DEAL: Kids stay and eat for FREE these school holidays!

Take these school holidays to the next level with the ultimate family escape at PARKROYAL Darling Harbour. What’s more, kids under 12 years of age, can stay and eat for FREE! ...

Liana Gardy - avatar Liana Gardy

How to Book a Hotel for Your Vietnam Trip

Finding a travel destination may turn out to be challenging at times. You may have a long bucket list, which leaves you spoilt for choice on where to visit first. Going through travel blogs and site...

News Company - avatar News Company

New Allianz data reveals the ‘forgotten’ European countries attracting Australian travellers this winter

FROM SPAIN TO THE UKRAINE - THE SURPRISE EUROPEAN DESTINATIONS BOOMING WITH AUSSIE TOURISTS Australian travellers are seeking new destinations beyond the Mediterranean when it comes to European...

Media Release - avatar Media Release

ShowPo