How to take precautions before betting on horse races online.  

Betting online for sports and racing has seen an explosion in recent times with a number of new operators and betting sites emerging. With so many operators in the market who should punters use? How do punters ensure their money is safe? 

Why Bet Online?

Australians have always loved a bet dating back to the early 1800s. Since that time there have been a number of changes to the way bets have been placed. Bookmakers used to dominate the industry and bets could only be placed at the race track. This led to a growth in the black market “SP Bookmaker” trade at local pubs, where punters could place a bet without going to the track. This was unregulated and dangerous, both for the punter and for the bookmaker. 

The Totalisation was introduced so that punters could now legally place a bet without heading to the track. The government received taxes from every bet placed and punters’ bets were secured. However, this method was somewhat limited with punters needing to visit a TAB or Pub TAB to place a bet and the large quantities of cash on hand posed a security risk.

The emergence of the internet and technological advancements in the late 1990s has led to the online betting revolution. Punters can now bet and watch sports on their telephones and portable devices. Bets can be placed 24/7 on sports and racing from all over the world.

The convenience of online betting is what has seen such growth in the industry. Online betting is safe, user-friendly and a lot of fun. 

Is Online Betting Safe?

In a word, yes! Betting online is safe and secure as long as you bet with trusted online bookmakers. Here is what to look for when choosing where to open your account:

  1. Is your bookmaker licensed and guaranteed by a reputable authority?
  2. Does your bookmaker have a proven history and track record?
  3. How are the bookmakers’ reviews?

Why Choose Palmerbet?

Palmerbet is a third-generation bookmaking family, that is owned locally and operates under the regulation of Racing NSW. They are financially guaranteed by the NSW Bookmakers Co-operative and licensed by the NSW government. When you bet with Palmerbet you are betting with an established and trusted bookmaker.    

Betting News and Information

Palmerbet.com.au provides free daily horse racing tips and horse racing previews as well as updated betting markets, breaking news and information. They offer a variety of betting markets on horse racing including exotics and you can bet either pre-post or on the day. 

The Palmerbet Blog is a great source for free expert racing tips, horse racing betting previews and up-to-date betting odds as well as the all-important Racing tips. 

Palmerbet is your one-stop for all your betting tips as well as racing and sports betting markets. Visit the website at Palmerbet.com.au or download the Palmerbet app via the app store.