Sports betting
Bet types, explained like a mate would
Decimal odds, head-to-head, line, totals and multis — what each one means, how returns are worked out, and the Australian rules that apply.
Odds 101
Reading decimal odds
Decimal odds show your total return per $1 staked, including the stake. A $10 bet at odds of 2.50 would return $25.00 if it wins — your $10 back plus $15.00.
Lower odds mean the market sees an outcome as more likely; higher odds mean less likely. Odds always include a margin for the bookmaker.
Example return
$10.00
2.50
$25.00 (includes your $10.00 stake)
Compare
Common bet types
| Bet type | What you’re picking | Example | Complexity |
|---|---|---|---|
| Head-to-head | Who wins the match | Team A to win an AFL game | Simple |
| Line / handicap | Result after a points start | Team B +12.5 in an NRL game | Medium |
| Totals (over/under) | Combined score above or below a mark | Over 165.5 total points | Medium |
| Multi | Several selections combined — all must win | Three head-to-head picks in one bet | Higher risk |
| Futures | A long-term outcome | Premiership winner | Medium |
| Player markets | An individual’s performance | A player to kick 3+ goals | Medium |
Swipe the table sideways to see every column.
Australian rules
What's different about betting in Australia
No online in-play on sport
Licensed providers can’t take in-play sports bets over the internet.
No credit cards or crypto
Online wagering can’t be funded by credit card or digital currency.
Deposit limits offered
You’re offered a deposit limit when you sign up, and can change it at any time.
BetStop self-exclusion
One national register to block yourself from all licensed wagering providers.
Can I bet in-play online?
No. Under Australian law, licensed online wagering providers can’t accept in-play bets on sport over the internet. Pre-match bets can be placed online with licensed providers.
Can I use a credit card?
No. Credit cards and digital currency can’t be used for online wagering in Australia.
What is BetStop?
BetStop is the National Self-Exclusion Register. Registering blocks you from all licensed Australian online and phone wagering providers for the period you choose.
How are odds shown?
Australian bookmakers generally show decimal odds. Your potential return is your stake multiplied by the odds, and it includes your stake.