Queensland Numbered Acts

BETTING TAX ACT 2018 - SECT 7

7 Meaning of free bet

A
"free bet" is a bet made wholly or partly using an amount (a
"free component" ) that—

(a) is provided to the person making the bet by the betting operator with whom the bet is made; and

Examples of an amount for paragraph (a)—

• an amount provided for making a bet

• an amount representing a bonus on a previous winning bet

• an amount representing a refund of all or part of the staked amount for a previous non-winning bet

(b) is not immediately redeemable by the person for cash.