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Queensland Government - Queensland Revenue Office
Queensland Government - Queensland Revenue Office

Free bet

Issued date
11 October 2024

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A bet provided to a punter by a betting operator that includes an amount that is wholly or partly a free component and is not immediately redeemable by the punter for cash.

Examples of free components include an amount:

  • provided for making a bet
  • representing a bonus on a previous winning bet
  • representing a refund of all or part of the staked amount for a previous non-winning bet.