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ClassicBet Review

by aussiebet.com™

100% AUSSIE

Where oldschool service meets competitive odds!
New member offerInfo N/A
Awesome ThingsPremium Betting Service
Additional GreatnessAussie Gallops Best Odds
25+ Sports, Good App
Excluded territories from bonus offerVIC, NSW, WA, SA
Deposit MethodsCredit Card, POLi, BPAY, Bank Transfer, Cheque
Live (in-play) BettingPhone
LicenseNew South Wales - Australia
Last Update October 2019

Yes, the website is oldschool, but so is the service. In a very positive way!


Overall Rating

91.2%

"Best Service!"

Sportsbetting Product
93%
Strong
Support in Australia & NZ
98%
Perfect
Mobile Betting
85%
OK
Horse Racing offers
90%
Good
Payment Methods
90%
OK

ClassicBet has merged with TopBetta and MadBookie to form the new betting site called PlayUp. This new sportsbook has all the same features as their predecessors, plus few great additions, such as daily fantasy sports integration with Draftstars. Note that all players who have a betting account with any of mentioned bookmakers will have their funds transferred to PlayUp. In case you want o to learn more about what PlayUp has to offer, take a look at our unbias PlayUp review.

One of the newer kids on the block, ClassicBet refer to themselves as Australia’s first premium betting agency. ClassicBet has found a niche in the Aussie market for higher stakes bettors. This betting company is 100% Australian owned, and they cover horse, greyhound and harness racing as well as all of Australia's favourite sports (AFL, NRL, Cricket, Tennis, Soccer). Every member of ClassicBet gets their personal account manager. If you are considering opening an account with ClassicBet, you are in the right place. You will find all the information you require in our extensive and exclusive ClassicBet review.

Classicbet: Pros and Cons

  • 100% Aussie owned
  • Strong on Aussie Sports
  • Exceptional on Racing Betting
  • Every client gets their own account manager
  • Odds could be better
  • Limited banking options
  • No Live Streaming

ClassicBet Australia Overview and Company Information

100% Aussie owned, ClassicBet was formed in 2014 and branded itself as Australia's first premium betting agency. They adopt a different approach to other bookies, and every customer gets their personal account manager. ClassicBet is licensed in New South Wales, and that is where their headquarters are based too, at Penrith Paceway.

In April 2018, ClassicBet got acquired by PlayUp, joining the company of DraftStars, TopBetta and MadBookie. Although they are part of the same company group, they are all so different from each other. In spite of the acquisition, the key staff is still part of ClassicBet, including the CEO Luke Coward.

ClassicBet concentrate exclusively on racing and sports, so if you are someone who bets on politics or entertainment, then this may not be the bookmaker for you. They cover a wide range of sports, including AFL, tennis, basketball, soccer, golf, rugby and lots more. The depth of markets available is more than decent too, on both domestic and international events. ClassicBet also have a solid mobile/web app, so when it comes to betting on the move, they have all the bases covered!

classicbet homepage

ClassicBet Horse Racing Odds Comparison

First and foremost, ClassicBet is huge on horse racing. One might argue that it’s their selling point. At the end of the day, it’s not about how many promotions or special betting tools there are on offer, but the quality of the odds. The array of markets is vital as well, but if the odds are not good enough, it’s best to go elsewhere. Below, you can find a racing odds comparison, which should give you a better idea of what ClassicBet is all about.

Coastline Pools Spas
3YO Maiden Plate
Classicbet
Unibet Australia
Sportsbet
Bullet Raiders16.0016.0017.00
Cool World12.0012.0011.00
Emthree10.0010.0010.00
Hit the Rim3.904.403.90
Peak4.204.204.20
Stooge5.005.005.00
Just Cosmos4.404.604.80
Obscene7.006.507.00
Overround110%108.3%109%

Let's say that this does not happen usually, but it is possible. Both of the randomly chosen competitors seem to offer better odds overall. Nevertheless, this is why it's essential to shop for odds. In addition, Unibet Australia offers the full form and the statistics of every single horse, and it’s made easily accessible. On the other hand, if you want to do the same thing with ClassicBet, you will definitely have to work a bit around the website, and put the navigation to the ultimate test.

We're not saying this is detrimental, but things like this make a bookmaker not appealing for casual punters. Then again, the promotions that qualify horse racing come in decent supply.

Let it be duly noted that ClassicBet also have a well-supplied odds offer on Harness and Greyhounds racing.

racing odds classicbet Open a ClassicBet Account

ClassicBet Sports: More Than Just A Horse Racing Betting Site!

As you can probably tell from the range of promotions on offer, ClassicBet is more than just a horse racing betting site. You can bet on a very nice selection of sports with ClassicBet too. Given that ClassicBet are 100% Aussie, it is no shock to see that they cover all of the nation’s favourite sports and events.

They have markets available for Aussie Rules, Rugby League, Rugby Union and Cricket, as well as for all the major European and domestic soccer competitions. However, they only have around 100 markets for the biggest football matches, well below the industry average of around 150. Some of the markets include Anytime Own Goal, Number Of Goals, Team To Score, To Come from Behind and lots more.

Other less popular sports are covered too, including Netball, Surfing and even Yacht Racing. If you are wondering if ClassicBet cover your favourite sport, you can check out all available sports and events in the list below.

ClassicBet Sports Markets

  • Horse Racing
  • Greyhound Racing
  • Harness Racing
  • Australian Rules
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Elections
  • Golf
  • Gridiron
  • Ice Hockey
  • Mixed Martial Arts
  • Motor Racing
  • Netball
  • Rugby League
  • Rugby Union
  • Snooker
  • Soccer
  • Surfing
  • Tennis
  • Yacht Racing
  • Volleyball
sports betting odds

ClassicBet Sports Odds Comparison

It is a comprehensive sportsbook, but the best way to evaluate a bookmaker is by its odds. This is just one example, chances are, if you do odds shopping, you might find something better. Again, don’t expect many sports specials at ClassicBet.

Ashes 2nd Test August 2019
ClassicBet
Ladbrokes
BetEasy
England3.63.753.95
Draw1.971.831.75
Australia3.503.754.10
Overround107.1%108%106.9%

As you can see, other bookmakers have a different opinion on The Ashes 2nd test. This odds comparison was carried out 15 hours before the start of the match, meaning, the odds can fluctuate a bit.

ClassicBet Live Betting

At this present time, it is illegal for Aussie betting companies to offer live betting online. This is due to the Interactive Gambling Act, which was passed by the Aussie Government in 2001. However, with ClassicBet, you can still bet in play by just picking up the phone and dialling 1800 888 001. Just let the operator know what bet you want to place, and they will tell you the odds. The minimum stake for telephone bets is $10.

In-play Betting ClassicBet Phone Number

  • 1800 888 001
Open a ClassicBet Account

ClassicBet Live Streaming

A lot of Aussie bookies are now offering live streaming of certain horse racing meetings and sporting events. Unfortunately, at this present moment, ClassicBet do not provide live streaming on any events. This situation may change it the future, and if it does, you will find out straight away here at Aussiebet.

classicbet racing offer

ClassicBet Apps – featuring ClassicBet Mobi

Most other bookmakers offer responsive, mobile-friendly web apps, but not ClassicBet. That is, they do, but you have to enter a different URL to access ClassicBet mobile. That's classicbet.mobi. However, if you intend to spend much time betting on the go, we kindly recommend downloading the Android or the iOS app, depending on what kind of mobile device you're using. You can find all the information in the main menu at the top of the screen, under the Mobile tab. You can find more about it in our ClassicBet mobile app review.

Android App

To download the ClassicBet Android mobile app, you need to click on the Available now for Android button in the Mobile tab. That’s it! However, make sure that the Security Settings on your phone are set to “Unknown Resources”. Find the .apk file in the Downloads folder, initiate the installation, wait for it to be completed, and you are all set! The ClassicBet Android app will be on your home screen.

iPhone and iPad App – iOS ClassicBet App at Apple App Store

Fortunately, iOS devices are also covered, and punters can get the respective iPhone and iPad apps from iTunes. While Android users can get by with the Classicbet.mobi, bettors with iOS devices have to do it. Not because of any incompatibility issues, but because of the user experience. It's way better to bet with a native app, especially when there is no mobile-friendly web app for Safari.

mobile app betting classicbet

ClassicBet: No Cash Out Facility Available

Most Aussie bookies have embraced the Cash Out facility, a tool that allows punters to cash in a bet (single or multi) before the event has concluded. However, at the time of writing ClassicBet offer no such facility. This is a big disappointment, and if in the future ClassicBet do decide to start providing cash out service we will update this review to let you know.

ClassicBet Limits And Payouts

Betting agencies always look to protect themselves from possible bank busting pay-outs. For this reason, most bookmakers impose stake and win limits to cover themselves. ClassicBet are no different in this regard and they have pay-out limits in place for horse racing and sports. Below we take a look at some of the most important limits imposed by ClassicBet. *

ClassicBet Dividend Limits

  • MultiBets: $10001.00
  • Thoroughbred Racing: $101.00 (win and place)

ClassicBet Pay-Out Limits

  • Telephone Bet: $100k
  • Internet Bet: $50k

ClassicBet Exotic Payout Limits

  • Quinella: $5k. Exacta: $10k. Trifecta: $20k. First Four: $20k. Quaddie: $50k
  • Greyhounds: $20k
  • Harness: $20k

*Please check ClassicBet Terms and as other limits may apply

ClassicBet Deposit And Withdrawal Methods

  • Instant Deposit Methods: Credit Card, POLi, Paysafecard
  • Non-Instant Deposit Methods: BPAY, Bank Transfer, Cheque
  • Withdrawal Methods: Bank Transfer, Credit card

When you are trying to decide which is the most suitable bookmaker for you, banking facilities should always be considered. After all, there isn’t much point in opening an account if you are unable to deposit or withdraw cash from it! ClassicBet lag behind some of their rivals with the range of banking services on offer. They don’t facilitate deposits or withdrawals with Skrill or PayPal, and withdrawals must be made via Bank EFT or credit card (only equal to deposit amount). Before you can do any of this, your account must be verified. Find out how to verify your ClassicBet account below.

Account Verification

  • Click on the button below to Open a ClassicBet Account
  • ClassicBet uses a ‘Points system’ to verify your account
  • Exact details of forms of ID required can be found on the Classicbet Website
  • Proof Of ID can be either emailed [[email protected]] or faxed (02) 4722 3180 / 1800 888 700
Open a ClassicBet Account

ClassicBet Customer Service

Another critical element to think about when opening a new betting account is customer service. Here at Aussiebet, we firmly believe that the customer should always come first, and that should be the case with any business. Customer service should be prompt and polite, and ClassicBet have a decent track record in this department. There are several ways you can get in touch with ClassicBet, and we have listed their contact details below.

ClassicBet Contact Details

  • Telephone: 1800 252 779 (Australia) or + 61 295 710 030 (International)
  • Email: [email protected]
  • Post: PO Box 40, Potts Point, NSW 2011

Is ClassicBet A Bookmaker You Can Trust?

Perhaps the most important thing of all when you sign up with a new betting agency is, are they a company you can trust. It is never easy to hand over personal information like bank details. However, with ClassicBet, you can rest assured that they will keep your sensitive data safe. We pored through ClassicBet’s Privacy Policy and below are some of the security procedures they have in place.

  • All personal details are stored on password-protected servers and databases
  • The use of the latest SSL technology to protect payments
  • All ClassicBet employees must respect strict confidentiality agreements

classicbet registration form

ClassicBet – Fully Compliant With Advertising Regulations

In May 2018, the Australian Government introduced tighter regulations regarding how betting sites promote their product. This has had a significant effect on how bookies advertise themselves, especially their promotions and specials. You shouldn't be able to view any available promotions with any Aussie betting site unless you have signed up and are logged in. ClassicBet comply with this regulation fully.

Responsible Gambling

The promotion of responsible gambling is massively essential in our opinion here at AussieBet. We like to see the same attitude on display from betting companies, and ClassicBet do a good job. Sometimes gambling can creep up on you, and before you know it, you are wagering more than you can afford. Remember, never chase your losses and if the fun stops, then stop! ClassicBet have a number of useful tools and resources to help those affected by problem gambling.

  • Pre-Commitment Limits: Set deposit limits on your account (7-day wait to increase the limit)
  • Self-Exclusion: Temporary or permanent self-exclusion available. Call: 1800 888 001 or Email: [email protected]
  • Links to and contact details for relevant gambling help services
Open a ClassicBet Account

ClassicBet: A Patriotic Choice For Aussies!

Overall, ClassicBet has a lot going for it, but on the other hand, there are quite a few negatives to think about too. The lack of live streaming, cash out, and limited banking facilities are all reasons why punters might think about going elsewhere. However, those issues can be easily improved upon and perhaps ClassicBet might think about that in the future. We will update our ClassicBet review should they do so.

On the other hand, as a new customer, we're sure you will enjoy it a lot, the range of markets available for sports is impressive (especially Aussie Sports), and the ClassicBet Mobile/Web App works like a treat. Best of all, ClassicBet is 100% Aussie owned so for those who are proud to be patriotic punters, ClassicBet could be just the ticket! It is an online bookmaker that’s different from its competitors. Diversity matters! As a 100% Australian online bookmaker, it takes a special place on the market.

ClassicBet FAQs

ClassicBet is an online sportsbook owned by PlayUP Pty Ltd. It's part of a wider network of betting platforms which operate in Australia. It's fully legal, licensed and authorised to operate in Australia.

ClassicBet accepts a range of different deposit methods such as VISA, MasterCard, BPAY, POLi, Paysafecard and Bank Transfer. For the time being, PayPal is not accepted at ClassicBet.

ClassicBet is one of the more traditional bookmakers in Australia. It operates and is managed based on traditional Aussie betting values. This is why it has a strong appeal to Australian punters if compared to its competitors. It is 100% safe and reliable.


User Reviews

Comments

Avatar

Thomas Peter November 20, 2018 at 11:43 am

Classic bet is a complete scam. I urge anyone who is thinking of depositing any money with them to do your research and check their terms and conditions. They will make you turn over your winnings 6 times before being able to withdraw. Do not make the same mistake and get pulled in by their bonus bet scam!

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100% AUSSIE

Where oldschool service meets competitive odds!

100% AUSSIE