australia

PAYMENT METHODS AND ONLINE CASINOS IN AUSTRALIA

Top Casinos and Best Banking Options for Australian Players

Casino Banking Methods is a place where you can get targeted information about all the major online gambling markets, including Australia. The country where pokies are all the rage, Australia represents a fruitful and colourful gaming market that accommodates numerous online casinos and their customers.

We have searched high and low for trustworthy online casinos that are suitable for Aussies and, happy with our results, decided to showcase the best sites along with the most common banking methods used by Australian players.

Australian general public loves to gamble, this is not shocking news. The Aussie love affair with pokies is a well-known fact, and more gambling activities can be added to that as Australian punters also like to gamble on lottery, scratch tickets, sports, horse racing and poker. They can do it all online, at their leisure. What we are doing on this page is putting a specific emphasis on creating the best gaming environment for Australian players. How? By making sure every Australian player that lands here on our CasinoBankingMethods.com website knows which are the best sited to play at and which are the best banking options to use.

The Land Down Under is the land of gambling. Like it or not, gambling has been an integral part of Australian culture from the early colonial days. Embracing gambling is nothing to be frightened of; the important thing is to gamble responsibly at trusted sites, while using proven, locally approved banking options. Hopefully, CBM can contribute to this noble cause.

Best Australian Online Casinos 2020

On this page, CBM brings you a comprehensive guide to Australia’s best online casinos. Our reviewers put special focus on sites that are successful in creating the best gaming environment for their Australian players. You can be sure that every casino site recommended by CBM is legal for Australian gamblers, holds certifications and appropriate licenses, provides secure, speedy and reliable payment options and contains high-quality games developed by well-known software providers.

7Bit

89.83%

18 + | New Customers Only |

T&C Apply
  • 10-minute cashouts
  • Impeccable reputation
  • Over 200 live dealer tables

King Billy

89.83%

18 + | New Customers Only |

T&C Apply
  • Great table game options
  • Four live dealer providers
  • Cryptocurrencies accepted

22Bet

89.67%

18 + | New Customers Only |

T&C Apply
  • Over 6,500 games
  • 300+ live dealer games
  • Stunning array of banking options

Playamo

88.50%

18 + | New Customers Only |

T&C Apply
  • High withdrawal limits
  • Impressive live casino
  • Over 3,500 RNG games

Tsars

88.00%

18 + | New Customers Only |

T&C Apply
  • Daily cashback
  • Impressive live casino
  • Crypto friendly casino

Vegas Crest

87.40%

18 + | New Customers Only |

T&C Apply
  • Over 900 casino games
  • Excellent reputation since 2014
  • Bitcoin payments

PlayFrank

86.50%

18 + | New Customers Only |

T&C Apply
  • Trustworthy online casino
  • PayPal for UK players
  • Top-notch customer support

Casoo

85.83%

18 + | New Customers Only |

T&C Apply
  • Eight live dealer providers
  • Cryptocurrencies supported
  • Glimmer loyalty perks

Drake

85.50%

18 + | New Customers Only |

T&C Apply
  • Real money casino rebate
  • Regular slot & table tournaments
  • Betsoft & Arrow’s Edge games

Slotland

85.40%

18 + | New Customers Only |

T&C Apply
  • Very good reputation
  • Low wagering requirements
  • Free deposits and withdrawals

Top Casino Banking Methods in Australia

To fully enjoy what the best Australian online casinos have to offer, you ought to use the top-rated payment methods found in these casinos. CBM reveals the most commonly used payment methods in Australian online gaming sites. You can use them for deposits and withdrawals without worrying about your funds’ security and we are confident that their convenience and speed will win you over.

84%
POLi logo
Review & Best Casinos
  • Supported by most AU/NZ banks
  • Good credit card alternative
  • No registration required
Read Review
84%
BPay logo
Review & Best Casinos
  • Excellent reputation
  • 150+ banks supported
  • Widely available at AU casinos
Read Review
84%
MiFinity Logo
Review & Best Casinos
  • Safe and fast transactions
  • No fees charged by online casinos
  • Low withdrawal fees
Read Review
86%
Bitcoin Logo
Review & Best Casinos
  • Fast and secure transactions
  • Free casino deposits & withdrawals
  • High maximum cashout limit
Read Review
84%
Litecoin Logo
Review & Best Casinos
  • Faster than Bitcoin
  • Fees are virtually non-existent
  • Extremely secure option
Read Review
92%
Visa Logo
Review & Best Casinos
  • Fast casino transactions
  • Available around the globe
  • 165 supported currencies
Read Review
91%
Mastercard logo
Review & Best Casinos
  • A leading payment solution
  • Maximum security
  • Fast & easy casino transactions
Read Review
89%
MuchBetter logo
Review & Best Casinos
  • Quick casino deposits & withdrawals
  • Available around the globe
  • Designed with iGaming focus
Read Review
86%
Neteller Logo
Review & Best Casinos
  • High acceptance worldwide
  • Fast casino withdrawals
  • Highly secure option
Read Review
86%
Bank Transfer logo
Review & Best Casinos
  • Trusted, traditional method
  • Widely available
  • Supports deposits & withdrawals
Read Review
86%
Ethereum logo
Review & Best Casinos
  • The safest cryptocurrency
  • Constantly updated and improved
  • More stable than BTC
Read Review
85%
Jeton Logo
Review & Best Casinos
  • Fast deposits & withdrawals
  • Low fees
  • 1% Instant Cashback
Read Review

Laws and Regulations on Online Gambling in Australia?

Regulation icon

Australians gamble a lot. More than any other nation in the world, actually. Such being the case, the Australian government had to start regulating gambling activities sooner or later. It is important to distinguish the responsibility of the States from the Commonwealth. Each of the eight Australian states and territories has independent gambling legislation in place thanks to their relative autonomy from the Commonwealth. Nevertheless, the central government takes an active role in the supervision of the gambling activities in the country and in the amending of relevant laws.

Certificate icon

Australian gambling regulation comes down to various organisations which have authority in their respective regions. Some of them are the ACT Gambling and Racing Commission, Victorian Commission for Gambling and Liquor Regulation, Queensland Office of Liquor and Gaming Regulation and the South Australia Independent Gambling Authority. Since 1999, the Commonwealth has been supporting a national approach to problem gambling. The Interactive Gambling Bill was introduced in 2001 and it represents one of the most important legal documents in the country concerning gambling.

The IGA aims to protect the general public from the harmful effects of gambling. It prohibits interactive gambling services from being provided to customers in Australia and advertised, as well as Australian-based interactive gambling services from being provided to customers in designated countries.

The Act is still in effect, so what does this mean for an average Australian online casino player? It doesn’t affect the player much, really. What the Act proclaims is that domestic and foreign companies, should they offer online casino games to Australian customers, would be doing it illegally. The players are free to access offshore casino sites and play for real money.

Can Casinos That Accept Australian Players Be Trusted?

Handshaking icon

Obviously, you should steer clear from unreliable casinos and only join Australian online casinos that can be trusted. Only websites that are licensed and regulated are trustworthy and if you don’t believe our claims you can easily see for yourself that the sites recommended at CBM are licensed by some of the industry’s most trusted regulators, such as the Malta Gaming Authority.

Other reputable and acceptable jurisdictions include Gibraltar, Isle of Man and Curacao, as well as Kahnawake. Furthermore, you will see that most sites we’ve marked as recommendable are also constantly overseen by organisations such as eCOGRA which makes sure that the operators are offering a safe and secure gambling experience for their customers.

Fair gaming icon

Unfair activities are simply not acceptable. Modern casinos are required to be transparent and fair, which they will prove by obtaining proper certifications and allowing their software to be regularly tested and audited. The seals of approval and license numbers should be visible on the homepage of every respectable online casino that accepts Australian players. Our team of casino experts never fail to check these details as they are extremely important and represent the basis of our reviews.

Best Casino Bonuses for Australian Players

61 Free Spins on Slot of the Month
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61 Free Spins on Slot of the Month

Free Spins

MONTH

30x

Ongoing

$20

No maximum

85%

100% up to $100
Get Bonus
Slotland

Deposit

WELCOME1

25x B

Ongoing

$25

No maximum

85%

100% up to $300 + 200 Free Spins
Get Bonus
King Billy

Deposit

Free Spins

Not needed

30x B

Ongoing

€10

No maximum

82%

100% up to £100 + 50 Free Spins
Get Bonus
PlayFrank

Deposit

Free Spins

Not needed

35x B

Ongoing

£20

No maximum

79%

100% up to 1.5 BTC
Get Bonus
7Bit

Deposit

Free Spins

Not needed

40x B

Ongoing

4.2 mBTC

No maximum

74%

100% up to $100 + 100 Free Spins
Get Bonus
Playamo

Deposit

Free Spins

FIRSTDEP

50x B

Ongoing

$20

$10,000

72%

100% up to €300 + 100 Free Spins
Get Bonus
Tsars

Deposit

Free Spins

Not needed

25x (D+B)

Ongoing

€20

€500

68%

100% up to €300 + 100 Free Spins
Get Bonus
Casoo

Deposit

Free Spins

Not needed

25x (D+B)

Ongoing

€20

€1,000

68%

Local Payment Methods to Consider

Australia banking icons

Casino Banking Methods specialises in online casino banking methods. This is our main passion and we are aware that different markets are suitable for different banking solutions due to locally accessible payment systems that may not be as easily found at other areas, or are not as popular outside their target countries. Being able to use locally accepted methods to deposit and/or withdraw casino winnings comes with multiple advantages.

For one, you will surely be able to deposit in your local currency. This eliminates any additional costs for exchange services. Secondly, you will most likely already be familiar with the offered payment methods, meaning you won’t have to create any new accounts or profiles as you will be familiar how the solution works. We’re pretty certain that you know what POLi is, for example. The digital payment service is owned by Centricom and located in Melbourne, so it makes perfect sense that many Australian players and vendors use POLi as their preferred payment method.

POLi is highly rated not only for being a local popular banking option for Australians but also for allowing you to make money transfers safely, quickly, easily and discreetly. Arguably the second-most popular way that Australian online casino gamers make their deposits is through BPAY, bet we’ve found that the number of casinos accepting BPAY is considerably smaller in comparison to POLi online casinos.

Depositing with AUD Currency

Australian dollar symbol

One doesn’t have to be a seasoned casino gambler to know that any exchange of currency comes with fees and added charges. It is always ideal to avoid such fees, and one of the ways of doing that is to play with local currency. Making casino deposits in Australian Dollars is easy and you will find that all Australian-friendly casinos list AUD as one of the accepted currencies at the cashier.

Bitcoin (BTC) has been gaining a lot of fans among Australian players recently, but you will often need to convert Bitcoins into AUD or vice versa when playing at online casinos, which means you will suffer certain charges for the conversion service.

Fun Facts

  • Online casinos launched for the first time in Australia in 1994, which means that Australians have been enjoying the convenience of gambling from home for more than 25 years. Not all countries in the world had such luxury. What made this possible for Australia were laws passed in Barbuda and Antigua, one of the first jurisdictions to issue the licenses for online gambling. To this day, many gambling companies in Australia still operate under the Caribbean government’s regulations.
  • One of the world’s largest casino scams was carried out by an Australian player who got away with $32 million by manipulating the surveillance system at the casino. The player’s identity still remains unknown, though it’s believed that this person was a regular VIP player at the casino who would usually play high stakes games.
  • According to an official study done in 2013, Aussies are the biggest gamblers on the globe - 80% of the adult population takes part in the activity in various forms. Statistically, Australian folks wager more money per capita than any other country in poker, sports betting, online casinos and land-based casinos.
  • Eight out of nine gamblers in the Land Down Under are men. However, an increasing number of Australian women are getting interested in betting. It's intriguing that the Australian nation enjoys wagers so much, even more compared to similar Western nations. Some assume it's because the distances are so large between populated places that the convenience mobile gambling provides is even handier in Australia than it is Europe and North America.
  • An estimated 6.8 million Australians are regular gamblers, spending money on one or more gambling activities in a typical month, according to a 2017 analysis by the Australian Gambling Research Centre (AGRC), part of the Australian Institute of Family Studies.
  • There are close to 200,000 slot machines in Australia, and 100,308 of these are found in New South Wales.

FAQ

An AUD online casino is simply an online casino that allows players to deposit, wager and withdraw in the Australian currency. There are a few casinos out there that support nothing but Australian Dollars, while most of them support multiple currencies, including AUD.

Online casino gambling laws in Australia are not fully transparent at the moment. Gambling operators are not allowed to operate online casinos locally, but Australian players have unlimited access to online casinos run by operators located overseas. The operators are the ones that may have trouble with the authorities for providing online gambling services, but the players can continue playing as long as they play at licensed venues run by trusted operators.

Yes. There are many payment processors that make both the deposit and withdrawals process very easy. While the government may look down upon on some Australian banks allowing transactions with online sites, you can use various alternative, third-party processors that cater to Aussies and allow for smooth and simple transactions with minimum waiting time.

At this point, there are no tax obligations to players in Australia. Since gambling is not considered a profession but a game of luck, your winnings are yours, as well as your losses. Nevertheless, gambling operators, such as casino owners and betting companies, are taxed, and each state and territory has different rates of taxation, but players aren’t required to pay anything on account of taxes.

It is hard to determine the single best online casino in Australia and just name it. While we can objectively point out the qualities of any casino online, some of the factors that lead to it being better or worse than others are based on subjective values. Our experts monitor the market and provide unbiased reviews for many online casinos. It is up to you, the players, to decide which casino suits you best. We give you recommendations based on ratings, which you can then further use as you please.

Aussies spend a lot of time playing pokies and wondering which version of the game is best comes quite expectedly. We would say that, because of their convenience, online pokies are indeed superior to land-based pokies. While you have to go to a venue to play land-based pokies, hundreds of online pokies are already at your disposal, at your house, as close by as your PC, laptop, tablet or smartphone. Additionally, you can play online pokies 24/7, 365 days a year. The choice of games itself is much larger at Australian virtual casinos than at any bar or physical casino and there is no waiting in a queue to play, just click and you are in the game, spinning those reels.

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