From Saddle to Smartphone: The Modern Bettor’s Toolkit in Australia

Gone are the days when bettors needed to visit in-person sportsbooks to place bets on horses or watch races live at a track to view the immediate results. Modern technology has completely revolutionised the way we bet on all sporting events, including horse racing. Watching races, placing bets and withdrawing winnings is now easier than ever before, and some particular online features speak to the modern Australian bettor more than others.

A Multitude of Options

Nowadays, gamblers can place bets on their favourite horses with incredible ease, and there are countless ways to do so. Australian-based horse race bettors can choose from a myriad of betting platforms that support betting with AUD and cover countless horse racing events, both Australian-based and on a global scale. Some of the benefits of using these websites are the many bonuses and incentives that they offer to their players, as well as the multitude of payment options available and the rapid speed at which bettors can withdraw their winnings.

Race-Streaming

The live-streaming of racing events has opened the world of horse betting up to countless more individuals who couldn’t attend races themselves due to price, location or accessibility issues. The ability to watch a race unfold in real-time from anywhere in the world, on a mobile phone, has helped horse race betting thrive. 

In-App Betting Options

Alongside live race streaming, many betting platforms also allow for bets to be made within the same app. This can be incredibly useful for a wide variety of reasons, including but not limited to:

• Bets can be made quickly, meaning the events in a race can influence betting decisions.
• Ease of Accessibility: bets can be placed simply by unlocking a phone, rather than attending a traditional sportsbook.
• Everything is all in one place: Being able to place bets on the same platform that you watch the races on makes everything much more streamlined.

The Integration of Cryptocurrency

The use of cryptocurrency is rapidly increasing in Australia. As it stands, around 32.5% of Australian adults own or have owned cryptocurrency, and this number is only expected to increase. In response to this, a significant number of Australian-based betting platforms supporting horse race betting have allowed crypto to be used on their sites.

This can have countless benefits for bettors. For one, the decentralised nature of cryptocurrency increases the security of betting on these sites. Additionally, crypto users can make an additional bet on the volatility of crypto itself (volatility refers to the tendency of crypto to rise and fall in value over time).

The Rise of Artificial Intelligence

Artificial intelligence, also known as AI, is reinventing many aspects of the digital world, and horse race betting is no exception. The integration of AI technology on online betting platforms has, at times, changed how we approach betting altogether.

AI can predict the outcomes of races by taking into account weather patterns, past performances and known conditions of the horses, which can then help steer bettors to make a decision. It can also track past and future events, and update bettors in real-time, making sure that Australian horse race bettors never miss an important update.

Gamification of Horse Race Betting

Another form of modern technology that is revolutionising horse-race betting is tech that allows for the gamification of the sport. By this, we mean aspects of horse-race betting that help the acts of placing bets and receiving winnings feel much more like a game.

This can be done through anything from random prize draws, leaderboards,  rewards for successful bettors and daily challenges. The gamification of horse race betting not only adds an element of fun to sports betting but also helps encourage the development of a community within the sports betting world.