Reasons Why Australians like Betting
Besides sports betting, Australians love gambling. Gambling has been a part of our history.
We just love fun-filled games that bring extra cash.
Statistics state that an average Australian spends about $1200 per year while gambling. Of course, the statistics are not for every Australian, not every Australian gambles.
Ireland comes second in terms of gambling with an average gambler spending about $600 per year.
Australians mostly spend money on pokies, scratch cards, the lotto and casino gaming.
Melbourne Cup is Australia’s most famous horse race, come November, most Australians will wager on the race.
Horses are not the only sport that Australians wager on; cricket, rugby league and soccer are among other sports that Australians love to place a bet on.
The major reason why Australians love sports betting is simply because they love sports in general. The love of sports unites us.
Types of gambling that Australians love
For a country with a small population, Australia has high stats when it comes to gambling. Below are some of the most popular types of gabling among Australians.
Pokies
These are the most popular among Australians; around $11 billion goes through Poker machines annually.
Sports betting
Sports’ betting comes second with Australians spending $626 million per annum.
Lotteries
Statistics show that Australians spend about $1.9 billion every year on lotto batting.
Horse racing
Australians spend about $ 3 billion annually on horse race batting.
History of Australian gambling
The history of Australian gambling can be traced in the year 1910 when the first bet was made at a horse race.
The first lottery was then established in 1880, clubs and pubs also registered Poker machines, commonly known as pokies.
Pokies rose to prominence in the 1950s and 1960s after the New South Wales Gambling and betting Bill was presented in 1956.
Conclusion
Gambling is a form of entertainment for Australians. Winning some cash while enjoying our preferred way of entertainment is just a bonus.