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While betting or casino bots are not necessarily illegal, online gaming companies and other players majorly disapprove of and discourage them. Usually, online sportsbooks, casinos, and other platforms specify that betting or casino bots are forbidden under their terms and conditions.
Automated betting in card games and online casinos aren't the only types of bots. Data scrapers crawl the web and collect data for various sports betting arbitrage bots and bot betting software.
 To calculate your potential payout on an underdog, all you need to do is multiply your stakes (the amount of money you wagered) by the value resulting from the moneyline odds divided by 100. Put simply: Potential profit = Wager x (Odds/100).
The FanDuel Cash Out amount that you can choose to claim will always increase as the odds swing in your favor and decrease as the odds shift against you.
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.
Yes, you can gamble online in Australia. Some services such as sports betting and lotteries are perfectly legal. Others such as online casinos and pokies are not allowed to operate in Australia, but there are still many sites that do.