Hedging bets is by far the most successful betting strategy. This is where you're able to place multiple bets to cover all possible results and still make a profit regardless of the outcome of the game.

One bettor won more than a half-million dollars by hitting an insane parlay during Championship Sunday in the NFL. The lucky winner turned their $20 site credit on FanDuel into $579,000 by correctly guessing the winners and exact score of both conference championship games. There's 55 555. There's just 55 555.

Legality of Online Sports Betting and Lotteries\n\n While online casinos and pokies operating within Australia are prohibited under the IGA, online sports betting and lotteries are legal in Australia, provided they are offered by licensed operators.

Online gambling in Australia is regulated by the Interactive Gambling Act 2001 (the IGA). The IGA makes it an offence to provide certain gambling services to a customer physically present in Australia via the Internet. Exceptions exist for licensed services that provide online wagering, sports betting and lotteries.