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Online gambling in Australia is legal provided that operators are licensed and adhere to stringent standards. Commonwealth, state and territory governments regulate this industry; their responsibility includes prohibiting advertisements of interactive online gambling to Australian audiences via websites, television broadcasts, print media or billboards; with some exceptions for political advertising or websites not specifically tailored towards this target demographic. Kayo Sports Kayo Sports and Binge top reputable bookmakers Bookmakers typically use a mathematical formula to assess the probability of events; for instance, teams with odds of 9/1 have an approximate 10% chance of victory.