POLi Betting Sites
POLi is a 100% Australian payment method we all know. Almost all of the bookmakers in Australia accept it. That’s why we have decided to pick only the best POLi betting sites and list them in one place.
Best POLi Betting Sites in Australia
Best POLI Bookmaker
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Strong focus on racing, Excellent for enhanced odds, Good bet builder
Payment methods
(5 in total):
Licences:
New South Wales
Traditional Values and Great Betting App
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Sports and Fantasy Betting
Range of Markets
Range of sports markets, Daily fantasy sports offered, Apps for iOS and Android
Payment methods
(4 in total):
Licences:
Northern Territory
Key Player on the AUS Betting Scene
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Excellent Racing Bookmaker
Lots of Racing Odds
Simple to use site, great racing focus, main sports covered
Payment methods
(5 in total):
Good focus on racing odds
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Easy to use bookmaker, great for racing odds, sports markets available
Payment methods
(5 in total):
Good bookie for racing and sport
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Easy to use bookmaker, excellent racing odds, popular sports offered
Payment methods
(5 in total):
#
Simple to use site, impressive racing focus, popular sports odds available
Payment methods
(5 in total):
Good Racing and Sports Odds
#
Best Fantasy Betting Site
Large Prize Pools
Array of fantasy sports leagues, Big prize pools, Private fantasy leagues
Payment methods
(4 in total):
Licences:
Northern Territory
POLi for Quick FS Tournament Buy-ins
This list is updated regularly to reflect the current situation and the bookies’ present. It also gives you an overview of what their unique features are from the get-go. All of the listed operators are licensed and 100% safe, so feel free to choose any of them.
This payment is an extremely popular deposit option at Australian online bookmakers. You can use it to fund your betting account even at completely new online bookies. Punters have many reasons to favour POLi, including lower fees and instant deposits. Seeing its logo at the bottom of the page guarantees Australian punters are welcomed and that it is easy to bet in AUD.
We will also talk more about how to make a POLi deposit, what the fees are and everything else you should know before betting with this payment method.
In case you want to learn more about the best POLi betting sites, we take a closer look at the top three down below.
Top 3 Bookmakers for POLi Betting
Palmerbet
A
top Aussie-based bookie that welcomes POLi is Palmerbet. This betting site has plenty of sports to pick from but loves catering to Australian horse racing fans. There are loads of markets, competitive odds, and even tips on offer at their popular Palmerbet blog. You can also claim the Palmerbet bonus code to get you started.
Unlike the two bookies previously mentioned, live streaming isn’t available with Palmerbet just yet. That said, live betting is still an option and they boast a good Android and iOS app, so there is plenty to like for
those who want a POLi bookie.
- 100% Australian bookmaker
- Great odds for horse racing
- Very easy to use
PlayUp
PlayUp is a popular and trusted online betting site in Australia that offers a wide range of sports and events to bet on. PlayUp also accepts POLi, making it a convenient and secure payment option for Australian punters. In addition to its extensive selection of sports, PlayUp also offers fantasy betting, and cash-out options, providing a comprehensive and exciting betting experience.
- Great selection of sports
- Excellent for fantasy betting
- Solid mobile betting app
Draftstars
Draftstars is the number one destination for fantasy betting in Australia. They have a range of sports to bet on and draft your team. Private leagues for friends and family, a host of different entry fees and a great app make this a top choice.
Draftstars also accepts POLi payment as well as a number of other options. Those who like to combine fantasy and conventional sports betting can do so through the partnership with PlayUp.
- Excellent betting apps
- Lots of sports covered
- Best for fantasy betting
POLi and Waave Pay By Bank Partnership
One thing you may see from some of these bookies on our list is that some will be offering Waave Pay By Bank as an alternative to POLi after recent issues with the service. This is a partnership that is allowing people to use Waave Pay By Bank through there POLi account. So, if you see Waave Pay By Bank, such as with Palmerbet, this is the same service and works the same way but offered in partnership between the two.
Best POLi Betting Site Per Category
While plenty of betting sites accept POLi payments, you still have to decide which one suits you the best based on what you want to bet on. Take a look at our list below to see which bookie fits your betting interests.
Best POLi Betting Sites by Category
Best overall
Odds boosts
Horse racing betting
Live betting
Live streaming
Safety
Fantasy betting
Customer support
PlayUp is one of the best general sports betting sites in Australia that accepts POLi. It offers a wide range of sports and events to bet on, including popular Australian sports like AFL and NRL, as well as international sports like soccer and tennis. PlayUp also provides some of the most competitive sports odds in Australia.
When it comes to racing betting, Palmerbet is the best option. It offers a comprehensive range of horse racing markets, including win, place, and exotic bets, as well as special features like Best Tote.
How We Rate
When it comes to online betting in Australia, there are many factors to consider when choosing a betting site that accepts POLi as a payment method. POLi is a secure and convenient way to fund your account, but it’s important also to consider other factors when selecting a betting site.
Here we’ll explore the top factors we use to rate the best POLi betting sites in Australia, including safety and betting licenses, quality of golf odds, quality of a betting app, live betting platform, and selection of betting markets.
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Safety and betting licenses
The safety of your personal and financial information is of paramount importance when it comes to online betting. We rate betting sites based on their security protocols, including SSL encryption, firewalls, and other security measures that protect your sensitive data. We also look for sites that are licensed and regulated by reputable authorities, such as the Northern Territory Government, to ensure that they are operating legally and ethically.
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Quality of odds
The quality of odds is a crucial factor to consider when selecting a betting site. It can have a significant impact on your overall winnings, as even small differences in odds can add up over time. We rate betting sites based on their competitiveness of their odds, and look for sites that offer consistently good value across a range of sports and events.
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Quality of a betting app
A good betting app can make all the difference when it comes to online betting. We rate betting sites based on the quality of their mobile apps, including user interface, speed, and reliability. A good app should make it easy to place bets, manage your account, and access special features like live streaming and in-play betting.
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Live betting platform
Live betting is becoming increasingly popular in Australia, and we rate betting sites based on the quality of their live betting platforms. We look for sites that offer a wide range of live betting markets, as well as special features like cash-out options and live streaming.
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Selection of betting markets
The selection of betting markets is another important factor to consider. A good selection of markets allows you to find the best value bets and maximize your chances of winning. We rate betting sites based on the variety and depth of their betting markets, including both mainstream and niche sports. We also look for sites that offer a range of bet types, such as win bets, place bets, and exotic bets like head-to-head matchups and top-10 finishes.
How Does POLi Payment Work?
POLi is an Australian direct online banking payment provider which supports transactions in AUD. It is a deposit method that allows customers to make instant transactions, which makes POLi betting sites very convenient. It’s also a secure payment method, as it does not require users to enter their credit card details or other sensitive information.
Online purchases, deposits and all kinds of money transfers are supported as long as the merchant is authorized and associated with POLi Payments.
The only prerequisite to use it at betting sites or any other place on the internet is to have a bank account in Australia. Any other bank will not work. Some Aussie punters also use POLi as a way to get money to their PayPal accounts because of the low fees.
How to Deposit with POLi
Making a betting site deposit using POLi payment is a quick and easy task. It will only take a few minutes to move money into your bookie account and start placing your bets.
Here is a quick step-by-step guide to this simple process:
1
Choose a POLi betting site
Find a betting site that accepts POLi as a payment method and register an account.
2
Go to the cashier
Navigate to the “cashier” or “deposit” section of the betting site.
3
Select POLi
Choose POLi as your payment method from the list of available options.
4
Choose your bank
Select your bank from the list of participating banks. POLi supports most major banks in Australia.
5
Log in to your bank account
Log in to your online banking account using your usual login details. POLi uses bank-level security measures to protect your login information.
6
Verify payment details
POLi will automatically populate the payment details from the betting site’s checkout page. Verify the payment amount and other details.
7
Authorise the transaction
Follow the prompts to authorize the transaction and complete the payment. POLi transactions are usually processed instantly.
8
Wait for confirmation
Wait for confirmation that the payment has been processed. This usually only takes a few seconds.
9
Start betting
The funds will be instantly available in your betting account. You can start placing bets on your favorite sports and events right away.
POLi Payment completely replaces credit cards for use on the internet, at least as far as online purchases and online deposits are concerned.
POLi Deposit Limits
While POLi has a maximum deposit of $50,000 in a 24 hour period, some bookies will set their own limits for the maximum that can be transferred to them. You will usually be given the choice to set your own limits when signing up with a betting site.
This also works for the minimum amount a bookie will allow you to deposit via POLi. For that reason, we have put together a handy table where you can compare these minimum limits for the various POLi betting sites. This shows you the minimum you need to get started.
Minimum Deposit Limit with POLi
Draftstars
$5
Palmerbet
$10
PlayUp
$10
POLi Withdraws – Not Available
For the time being, you cannot withdraw to your POLi account from your bookie. To receive money via POLi, you need to become a merchant. In simple terms, you need to be the bookmaker or a vendor to receive money.
This is one negative about this particular payment method that punters should be aware of. Those who deposit with POLi usually withdraw via bank transfer, or electronic fund transfer to get money back from their bookie. In the past, these were very expensive, but nowadays, due to the larger volume of transactions, banks offer them at much more affordable prices.
Another factor of offering bank transfers at acceptable fees is the competition online banking methods and e-wallets have introduced.
Are POLi Betting Site Payments Safe?
Yes, POLi betting sites are safe, as long as they’re licensed and legal. That is the case for the betting sites that we have recommended in our list of the best. It means our top picks are not only great bookies but also safe to use.
It should be noted that some Australian banks have warned their customers about POLi in the past. The biggest concern, according to those banks was regarding privacy. POLi does have access to a customer’s banking credentials, which is a possible safety hazard.
That said, it maintains a reputation for not failing its customers. Moreover, the customer base has been growing steadily, especially with the introduction of POLi Payments Version 3. This turned POLi entirely web browser-based, allowing Mac and mobile users to access its services.
The financial services industry is closely monitoring the company, including the official authorities. If they’ve given the green light, who are we to say otherwise? These checks certainly add to the feeling that they are a reasonably safe option.
POLi Company Info
Name
POLi Payments Pty Ltd
Mobile
Yes
Headquarters
Melbourne, Australia
Contact
1300 060 653
Founded in
2006
Top bookie
CEO
Jeffery McAlister
Website
Pros and Cons of Betting With POLi
One of the advantages of using POLi for online betting in Australia is its security. POLi uses the latest security measures to ensure that users’ information is protected from hackers and other unauthorized parties. It does not require users to disclose their banking details to third parties, making it a more secure payment option than using a credit card.
Another advantage of using POLi for online betting is that all POLi deposits are instant. This means that your funds will reflect in your betting account immediately after making the payment. On top of that, POLi is widely available even at small betting sites in Australia.
POLi is also a free payment method, and users do not incur any additional fees when depositing funds into their betting account. This is a significant advantage for bettors who want to save on transaction costs and maximize their betting budget.
However, there are also disadvantages to using POLi for online betting in Australia. The first disadvantage is that POLi does not support withdrawals, which means that users have to choose a different payment method to withdraw their winnings.
Another thing is that it does not offer a chargeback option. Unlike credit cards, POLi does not allow users to reverse a transaction if they are not satisfied with the goods or services received. Users have to rely on the merchant’s goodwill to resolve any issues that may arise.
Pros of betting with POLi
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POLi is very secure
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All POLi deposits are instant
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No additional fees
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Very user-friendly
Cons of betting with POLi
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POLi doesn’t support withdrawals
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There is no chargeback option
Are There Any Additional Fees?
POLi appeals compared to credit cards because of its low fees. It takes only 1% of the amount in fees. Additionally, this fee amount is capped, which means you can’t incur any astronomical charges if you’re placing hefty bets at POLi betting sites.
To illustrate, if you deposit $100, you will pay $1 in fees to POLi, not to the online bookmaker. If, say, you deposit $300, the charge is $3. However, if you deposit $500, the fee will not go beyond the threshold of $3. Instead, the charge is limited at $3 per transaction. This is why we recommend making deposits less frequently.
Additionally, there are no maintenance fees. This is why POLi is better than some other e-wallets.
Lastly, note that this payment processor is available in Australia and New Zealand only. This means that if an Aussie punter decides to join an international bookmaker, they will not be able to deposit with POLi in most cases.
What Are the Alternatives for Aussie Punters?
If POLi betting sites don’t get your trust, there are a handful of alternatives that might interest you. Checking the bookies that accept them is also important.
Most likely, you’ve learned by now that no payment provider is perfect if you dig deep enough. That’s why it’s important to pick the one that best suits your personal needs and is accepted by a bookie that you like.
- PayPal – You may want to join some of the Australian bookmakers which have PayPal as a deposit and a withdrawal method. Using PayPal is marginally more expensive, but it still is more affordable if compared with credit cards, for instance.
- BPAY – This is another “Made in Australia” payment provider. Most likely, you use it to pay your utility bills. Now, you can use it to deposit at Australian betting sites as well. It’s very similar to POLi, but the deposit amount will be reflected on your balance after several hours, up to 24, whereas POLi deposits are almost instant.
- Apple Pay – This is starting to be accepted by the very top Aussie bookies. Apple Pay boasts instant deposits and offers excellent security but is still a rare option.
- PayID – This is another new payment option that is accepted by some Aussie bookis. PayID allows you to add a unique identifier to your bank accounts to make payments quickly and without having to give account details out.
- Google Pay – This is a new payment option that is starting to be accepted by some of the top Aussie bookies. Google Pay betting can be quick and easy and comes with an added layer of security. This isn’t often accepted as a withdrawal method but is starting to be used for deposits more and more.
- Debit cards – Another option when it comes to payment solutions for your betting endeavours is debit cards. Although widely accepted, they can make your betting experience full of extra security checks, which is no bad thing sometimes.
Note, if you’re looking to bet with an international bookmaker you can use POLi to fund your Neteller or Skrill accounts as well. The fees are acceptable, however, you will become subject to extra maintenance and transaction fees which have nothing to do with POLi.
Palmerbet is probably the best option if you’re searching for a reliable POLi betting site. In case you want to take a look at other options, go straight to our list of the best POLi bookmakers.
Best POLi betting sites
POLi Payments – FAQs
What are the best POLi betting sites?
POLi is a very popular payment method for Aussie punters. As such, it is widely accepted by bookmakers in the country. We have reviewed the best POLi betting sites to help narrow your search.
Are POLi payments safe?
Yes, POLi betting sites are safe to use. The best sites from our recommended list are all licensed and legal bookmakers. POLi is also separately regulated so making payments with them to a bookie or anywhere else is safe to do.
How does POLi payment work?
POLi is a deposit method that allows customers to make instant transactions online. This makes it a convenient method for adding funds to your betting account.
Does POLi charges additional fees?
POLi is considered as a cost-efficient payment method, meaning that the fees are very modest. They’ll charge you 1% of the transaction value, up to $3. They also have a very favourable policy when it comes to the additional POLi fees.
Can I withdraw money by POLi from my betting account?
No, you can’t. POLi isn’t a withdrawal method. It means that you’ll have to choose some other banking option to get your money out of POLi betting sites. Most of the bookies in Australia will send you money via bank transfer, but it would be the best to first contact customer support on this matter.
