Esports in Australia is a big business. The industry is worth over $1 billion globally, which understandably rubs off on the country as well. There are great opportunities already in place with a high-school and universities leagues operating and promoting competitive video gaming in the country. The question remains whether esports betting is actually an option for the hundreds of thousands of Australians who love video gaming played competitively. As we’ll explore below, esports betting is legal and some of the top worldwide bookmakers operate in Australia.
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Is Esports Betting Legal in Australia?
Esports betting is completely legal in Australia. Aussie sports books can extend odds and markets to gamers who are interested in placing esports wagers, but they will need to hold an official license from one of the states in which they operate. There are small distinctions in the gambling laws based on where the sports book is based.
Esports betting does get a pass owing to the fact that Australian laws do not prohibit betting on mainstream sporting contests. However, casinos and poker are outlawed as per the active legislation known as the Interactive Gambling Act 2001.
Even if there were irregularities with the sports book you have chosen to play with, under Australian law, the gamer is never a culprit unless you have been running the illegal sports betting sports book yourself.
This provides Aussie esports punters with a lot of options to place a wager. Today, there are excellent Australia-based and fully licensed bookies that you can rely on when placing your wager. It’s worth noting, though, that esports has never been brought up as an independent form of betting – it has always been treated as an extension of mainstream sports betting.
What Banking Methods to Use to Make a Wager?
Australian esports fans will definitely have access to quite the potential of banking methods. You can pick from all traditional payment solutions with a few extras along the way, allowing you even better and more reliable banking than any other counterpart in the rest of the world:
- Bank cards – There is a great variety of banking options here, starting with the traditional bank cards. Aussie punters can pick from MasterCard, Maestro, and VISA. If you have moved over from the US or use American Express in general, you won’t find this option available.
- Wire transfers – Direct banking is one of the safest ways to deposit and withdraw. Thanks to Australia’s open approach to esports betting, you can do wire transfers quickly and safely with your online banking
- E-wallets – E-wallets are very popular as they provide you with even more security when it comes to banking. Neteller and Skrill remain the leading options for depositing and withdrawing from esports bookies in Australia.
How Popular Is It?
Pinpoint the exact numbers of esports bettors is difficult and the data is very sparse. However, there has been quite a bit of research done by Newzoo and independent auditors, such as IGEA to at least help us have a better understanding of the gaming and esports industries in Australia.
We know that the gaming industry alone in Australia is worth $1.25 billion and there are 10.6 million active players as of 2017, though these numbers must be much bigger for 2019. However, looking into the gambling industry, we know 80% of Aussie adults gamble in one form or another.
Numbers will be updated once a more statistically relevant information is produced. With esports betting gathering such momentum the world over. It’s worth noting that esports betting may be worth $13 billion by 2020, which is quite the impressive amount, especially when the esports industry itself will be worth $1 billion in 2019.
Top Esports Players and Teams from Australia
Australia remains slightly underrepresented on the international esports scene. Together with New Zealand, the country is rather isolated because of its geographical location. Time difference with other gaming hubs, language and cultural differences with Asian countries have made the rise of Australian esports stars slightly more challenging than in other regions.
However, there are noteworthy Australian esports players and teams that are worth your attention. Detroit Rangers are a popular Aussie Counter-Strike team that are still active and representing. There are other noteworthy picks, based on research in Esportsearnings.com, such as:
- Team Nv
- ROOT Gaming
- Vox Eminor
Aussie teams are yet to get significance and prominence on the international scene, but they are doing pretty well. Toby “TobiWan” Dawson is a freelance Australian caster who is one of the world’s most praised commentators when it comes to Dota 2.
Just like many other esports enthusiast, Toby Dawson started modestly and almost incredulous that he can transition to full-time casting. Today, though, he has made the transition comfortably and he continues to be in the spotlight.
Australia presently has a high-school, university and even corporate league which the country seeks to tie up with New Zealand and create further opportunities for its competitive and grassroots esports.
Final Thought on Australia’s Esports
Australia has a lot to give back to the world when it comes to professional video gaming. Organisations such as Gfinity and Microsoft have launched numerous initiatives that related directly to esports. Australia has been hosting its own grassroots esports with the sole purpose of popularizing the segment and ensuring engagement from its youngsters.
There have been a number of scholarships granted to esports athletes to attend colleges in the country, too. Of course, some have looked down upon that, arguing that it was all a waste time, but for the hundreds of thousands that participate in esports – either as players or as fans – esports means a lot.
In Australia, esports are big business and they mean quite a lot to grown-ups and youngster. This is why esports betting certainly has a future in the country.