elitebet logo

Elitebet Review

Last updated on: 05/04/2022
Deposit MethodsBank Transfer, MasterCard, VISA, CASH IN
Best FeatureQuick website
Other FeaturesRacing specials
iOS and Android apps
Excluded territories from bonus offerAll States
Live (in-play) BettingPhone
LicenceNew South Wales - Australia
Last UpdateLast updated on
Best alternative
bet365 logo
Best Live Streaming
Geo restrictions apply. You must have a funded account or have placed a bet in the last 24 hours to access. Under Australian law, we are required to inform you that Live Streaming on bet365 is exempt from Parts 3 and 4 of the Broadcasting Services (Online Content Service Provider Rules) 2018. Gamble Responsibly. Call Gambler's Help; National Gambling Helpline: 1800 858 858 or visit www.gamblinghelponline.org.au 18+
Elitebet is solid in some areas, like the horse racing offer for example. But the overall impression isn’t that great. They don’t have nearly as comprehensive a betting offering as bookmakers like bet365 or Palmerbet. On top of that, their site looks very dated and unattractive. Because of all this, I firmly believe that you’ll be much better off with some other bookmaker.

Elitebet is a 100% Australian bookmaker that has been around for a while. However, they still haven’t managed to build a comprehensive betting platform. You’ll find nothing more than a basic set of markets and odds. Plus, Elitebet’s site looks like it was made in the early 2000s’.

To save you time reading, I recommend skipping right past Elitebet and trying one of Australia’s top betting sites, instead. Bet365 is probably the best choice since they have the most comprehensive racing and sports betting offer in Australia.

The Pros of Elitebet
  • Snappy website
  • iOS and Android apps
The Cons of Elitebet
  • No live streaming
  • Range of payment methods could be better
  • Not so many betting markets

Elitebet Australia Overview

Elitebet has been around for quite some time. David Dwyer launched the company in 2013. Before Elitebet, he was known as one of the largest on-course Rails bookmakers in Sydney and the President of the NSW Bookmakers Co-operative.

elitebet homepage

This bookmaker may not be the biggest and brightest on the market, but they have everything an average Aussie punter would want. Their horse racing coverage is excellent. They have a full range of domestic events, as well a nice portion of international races. Elitebet isn’t as good as Unibet and bet365, but they should be good enough for complete beginners.

The selection of sports is also decent. You’ll find all of the most popular Australian leagues and tournaments, including AFL, NRL, cricket and so on. More experienced bettors will be glad to hear that Elite bet also offer an array of niche sports, like table tennis, darts and cycling. However, these usually have very poor coverage.

The thing I like the most about Elitebet Australia is its website. It doesn’t look too flashy, but it’s lightning-fast! This is definitely one of the snappiest betting sites I have come across. The structure is also very simple, so I was able to find my way around very quickly. Since the site is so well-made and the betting offer isn’t too overwhelming, I believe that Elitebet would be a fantastic choice for beginners and casual bettors. However, advanced users may find the lack of features like live streaming and live chat to be problematic.

Elitebet Horse Racing

elitebet horse racing

Since the founder of Elitebet is known as one of the top Australian horse racing bookmakers, I wasn’t surprised to see that their racing offer is solid. They cover all the domestic races, in addition to the events from around the world. Elitebet’s international offering is good enough, but they still don’t come even close to what Unibet and bet365 have in place.

As soon as you enter the site, you’ll see the list of upcoming races on the homepage. You can also see the events scheduled for the upcoming days on the same page. To browse the full offer, click on the ‘Racing’ button in the top menu.

Here you’ll find all of the most popular racing bets. Elitebet Australia has every market I ever wanted, so it’s safe to say that most punters will be pleased with what is on offer. They have tote, exotics, fluc, win/place and even a few special racing betting features.

For example, Elitebet offers the best of the best odds for all horse owners. Also, if you lose because of a protest decision on any Australian race, they’ll pay you as if you’re a winner. These are all the small things that made Elitebet stand out, so I hope they’ll add even more similar benefits in the future.

This is the list of horse racing bets available at Elitebet Australia:

  • Best Tote Plus SP
  • Best of 3 Tote
  • Best of 2 Tote
  • Win & Place Tote +5%
  • Middle Tote
  • Fixed Odds
  • Best Fluctuation
  • Quinella
  • Exacta
  • Trifecta
  • First Four
  • Quaddie

Horse Racing Odds Comparison

As you can see from the table below, the difference between these 3 is minor. Elitebet came last in this test, behind both Unibet and Palmerbet by a close margin. However, we suggest you do a test like this before every bet because odds are constantly changing.

Elitebet Racing Odds Comparison
Warwick Farm
Kaakit Akit5.505.505.50
Tudor Music6.007.006.50

Sports Betting with Elitebet

elitebet sports betting

Elitebet has a decent sports betting offer. Having around 17 sports is nothing that will blow your mind, but it should be enough for most casual punters. The most important thing is that all of the popular sports are there. You’ll find cricket, Rugby Union, Rugby League, Soccer, as well as all of the US leagues, like NBA, NRL and NHL.

I like the fact that there are also several niche sports available. But if you are seriously into betting on exotic leagues and tournaments, you’ll probably be better off with some of the big international bookmakers, like Unibet and bet365.

My biggest complaint here is the lack of sports betting markets. They do cover all of the basic ones, but I would like to see a bit more depth, especially for the most popular sports. For example, at the time of writing this review, Elitebet Australia had less than 20 markets for AFL matches. On the other hand, Unibet was offering over 350 bets for the same matches. Lots of regular customers don’t care about the advanced markets, but still, a bit more depth would make Elitebet a lot better.

Sports Betting Odds Comparison

All of the bookmakers I tested below are having more or less the same odds on AFL. However, Elitebet finished last once again, which shows that they still aren’t a match for other top Australian bookies.

Elitebet Sports Betting Odds Comparison
Sydney Swans3.203.233.30
Melbourne Demons1.351.351.33

Elitebet Apps

elitebet app

I love betting with the Elitebet app because of one simple reason – everything is as straightforward as possible. In most cases, I don’t even have to leave the homepage. When you open the app, you’ll see two tabs, one for racing and one for sports. Upcoming events are listed in each tab, with an option to quickly switch between thoroughbred, harness and greyhounds, or in the other case different sports.

You can go to the main sports or racing pages by clicking the buttons in the menu below. But as I said, most of the times I finished everything on the start page. In case you want to check your account setting or contact customer support, head out to the main menu at the top.

Native apps are available for both iOS and Android. I have tested both of them, and as far as I can tell, some pages load very slowly. On the other hand, the apps have a very similar structure as the desktop site, meaning that switching to mobile should be seamless.

The only thing to keep in mind is that you’ll have to get the Android app directly from the Elitebet website.

Live Betting – Decent Offer

Elitebet offers a decent live betting section. Everything works perfectly from the user-experience standpoint, but the selection of sports and markets could be better. You can bet in-play on all of the popular sports and leagues, which should be enough for most people.

The number of in-play bets is just far from being the best on the market, so hardcore live betting fans should definitely look elsewhere. All others will be fine.

Keep in mind that due to the Interactive Gambling Act, bookmakers aren’t allowed to accept in-play bets over the internet. That’s why you’ll have to give Elitebet a call to proceed with your live wager. Just find the live market you want to bet, pick up the phone and state your bet. Simple and easy!

  • Live betting phone number: (02) 9571 0050

Live Streaming – Not Provided

At the time of writing this review, Elitebet doesn’t offer live streaming over their website. This doesn’t come as a big surprise, since live streaming is a high-end feature that usually only the big betting brands can afford.

If you’re as big a fan of in-play betting as I am, then live streaming is an absolute must. I definitely recommend taking a look at bet365 instead. There you can watch live games and races in HD, all from your smartphone, tablet or computer. We made an in-depth review of bet365, so give it a look in case you want to learn more about this bookmaker.

These are my picks for the best live streaming betting sites in Australia:

Banking Methods – Short Selection

There aren’t many banking options available at Elitebet Australia. I usually deposit via credit/debit cards, but you can also use EFT or deposit cash at any branch of National Australia Bank. This is a very short list of banking methods, so I hope Elitebet will introduce new options anytime soon. It would be great if at least one e-wallet, like PayPal or Skrill, was available. The selection they have now won’t satisfy even complete beginners, let alone more experienced punters.

Note that you can only withdraw your winnings via credit/debit cards or EFT. Elitebet is also eager to send you a cheque to your registered postal address, which I doubt anybody actually uses nowadays.

Don’t forget to verify your account in time. They’ll ask you to confirm your identity before requesting the first withdrawal or within your first 30 days after registering an account.

  • Deposit methods: Credit/Debit Cards, Bank EFT and Cash
  • Withdrawal methods: Credit/Debit Cards, Bank EFT and Cheques

Customer Support – Very Helpful!

Elitebet customer support is super friendly and helpful. Every time I stumbled upon a problem, they were there to give me a helping hand. So far, I have only nice things to say about Elitebet’s support agents. This bookmaker proudly points out that they try to provide a memorable experience for every punter.

I love how Elitebet lists the names of its employees who work with customers. It gives me the feeling like I’m betting with a small, family-owned bookmaker that sincerely cares about its customers. If you find yourself in a problem, send an email or pick up the phone. Daniel, David, Jeff, Nick and Matt will be there to help you! The only problem here is the lack of live chat. That’s, by far, my favourite way to contact customer support, so I hope they’ll add it anytime soon.

Is Elitebet Safe?

Yes, Elitebet is a very safe online bookmaker. They hold a NSW betting license, which means that this operator has fulfilled all of the highest security and fairness requirements. Both Elitebet and its founder David Dwyer have a great track record. They are reliable bookmakers I fully trust.

One more important thing to mention is that Elitebet features all of the usual tools that can help you gamble responsibly. It includes Deposit LimitsSelf-Exclusion and so on. These tools can be very handy, so don’t hesitate to use them when needed. You’ll also find the number of Gambling Help Online in the footer or every page. In case you or someone you know are experiencing gambling problems, feel free to give them a call.

Elitebet Company Info
elitebet banner
OwnerDaniel Paolini
ABN31 727 957160
Founded in 2013
Headquarters Sydney
Speciality Horse racing betting

Final Verdict – Great for Casual Bettors

Elitebet is a solid bookmaker. However, you can tell from the betting offer that they are one of the smaller operators. They don’t have a flashy site or an array of special features, such as live streaming.

The selection of sports markets isn’t good enough for experienced punters. However, casual bettors could be just fine. If you are searching for anything more than just a basic site where you can place a sports or racing bet, I suggest you look elsewhere.

We believe that while Elitebet might have potential, punters will be better off using their bankroll on other bookmakers. Click the button below to see what the best alternatives are. Elitebet Top Alternatives

Elitebet FAQs

The easiest way to contact Elitebet customer support is to give them a call. The other option is to send an email. We list the full Elitebet contact details in the review above, so scroll up and give it a look.

Yes, Elitebet has a native app from Android devices. Note that you’ll have to download the app directly from their website since Google doesn’t allow betting apps on the Play Store. To learn more about how to download the Elitebet Android app, take a look at the review above.

At the time of writing this review, Elitebet had 17 sports on offer. It includes all of the most popular Australian and US leagues, like AFL, NRL, NBA, NFL and NHL. There is also a nice selection of niche sports. We talk more about sports betting at Elitebet in our review.

You can deposit at Elitebet via credit/debit cards and bank EFT. There is also an option to deposit cash at any National Australia Bank branch. In case you want to learn more about deposits and withdrawals at Elitebet, scroll up and check out our review.