Skip to main content Review

(4 out of 5 stars from 354 Reviews)


The better call: bet365
New member offer$150 for Austalians & NZ
Turnover RequirementsNone for Australian and NZ residents - all others 5x the winnigs from the Bonus Bet
Excluded territories from bonus offerVIC, NSW, WA, SA
Deposit MethodsCredit Card, POLi, BPAY, Bank Transfer, PayPal, Skrill
Live (in-play) BettingPhone, Online (Mobile App)
LicenseNorthern Territory - Australia

Sportsbet is Australias number 1 bookie for a reason. The only negative is the sometimes cluttered website.

Overall Rating


"Number 1 for a reason!"

Sportsbetting Product
Support in Australia & NZ
Mobile Betting
Horse Racing offers
Payment Methods

You are probably reading this SportsBet review because you are considering opening an account with the biggest bookie in Australia. If so, you have come to the right place. SportsBet is Australia’s best known online bookmaker, and it is one you can trust. If you are considering making SportsBet your betting site of choice, check out our exclusive, extensive and most importantly impartial SportsBet review below.

SportsBet: Pros And Cons

  • Massive range of markets available across a wide range of sports.
  • Bonus Matched Bet Max $100 (excluding customers from VIC, NSW, WA, SA).
  • Cash Card facility allows customers instant access to winnings from an ATM.
  • For some events, SportsBet do not have the best odds on offer.
  • Bonus offers exclude some regions.

SportsBet Information And Facts

SportsBet was the first ever bookmaker granted a commercial licence in Australia all the way back in 1993. The company went from strength to strength in the following two decades, and in 2009 Paddy Power became majority owner. The Irish giants have since merged with Betfair, and as of 2018 Paddy Power Betfair own SportsBet Australia. SportsBet is licensed in the Northern Territory.

SportsBet cover all of Australia’s favourite sports, with odds available on horse racing, AFL, NRL, cricket, soccer and golf. SportsBet also display in-play betting odds, but to avail of the service customers must phone their in-play bets in. You can keep an eye on the live odds via the website. SportsBet do not offer casino or poker products and it is purely a sports betting site.

SportsBet Bonus: $150 Bonus Matched Bet

Another reason for considering SportsBet as your go to bookie is their solid sign up offer for new customers. They will give you a bonus bet, matching your first wager up to a maximum of $150. The bonus bet will be credited to your account instantly after your first bet has been placed.

Make sure you don’t wait too long to use your bonus bet, as it will expire after 30 days. The bonus bet must be used in its entirety, and cannot be split into different bets. It can be used on all win/place horse racing events, sports markets and multibets only. If your bonus bet wins you will receive just the winnings, and not the bonus bet stake.

Winnings from bonus bet don't need to be turned over if you are a resident of Australia or NZ. All other customers need to turn over the bonus bet winnings 5x. There is no Bonus Code required for this SportsBet offer and it is strictly for first time customers only. Due to regulations, customers from VIC, NSW, WA and SA are excluded from this bonus bet offer.

Sportsbet Bonus

Get Your SportsBet Bonus: Step By Step

First of all, click on this link to go to the SportsBet website and open an account.

Make an initial deposit (minimum of $5).

Place your first bet and whatever it is, SportsBet will credit a bonus bet of the same value to your account instantly, up to a maximum value of $150.

When you make your selection, simply select ‘Use Bonus Bet’ from the drop down menu on your bet slip.

Other SportsBet Promotions

SportsBet don’t just reward new customers, they have plenty of offers and promotions for existing ones too. For example, they are currently running two promotions on the ongoing Australian Open. Money back as a bonus bet if one leg of a 4+ selection multi bet loses, or an early pay-out if your selection goes 2 sets ahead in the mens’ singles. 24 up (AFL) and 12 up (NRL) are another couple of promotions offered by SportsBet. If your team goes 24 or 12 points ahead you are paid as a winner, regardless of the final result.

Another brilliant promotion available to existing SportsBet customers is the Million Dollar Tipping competition. If you fancy yourself as a bit of an expert on AFL or NRL, you can compete with others for weekly cash prizes of $10,000. The overall winner will pocket a cool $100,000 and you can also set up leagues to play against friends and family. Powerplay is another offer available to existing customers, and this facility enables you to enhance the odds on a selected bet once per day.

How Good Are SportsBet Odds?

SportsBet have certainly upped their game in recent years when it comes to odds on some sports, but on others they lag behind. In the past, SportsBet had a reputation for offering poor odds on AFL matches, but now they often have the most generous odds on certain markets.

SportsBet usually have an over round of between 105% and 107% on most sports betting markets, which is about average in comparison to their market rivals. Odds couldn’t be considered one of SportsBet’s biggest strengths, but it isn’t exactly a glaring weakness. Overall, SportsBet’s odds could be better, but they could also be a lot worse too.

SportsBet Mobile App Betting

When it comes to apps and mobile betting, SportsBet are up with Australia’s very best. They have apps available across a wide variety of platforms and operating systems. Whether you are on an iPhone or iPad, Android, Blackberry or Window’s Phone, then SportsBet have an app for you.

Their iPad/iMini App allows you to stream live race commentary, as well as providing lots of betting options, including live in play odds. The iPhone app will work on IPhone4, IPhone4s and IPhone5, and just like the iPad app it has 1000s of markets available.

The android app is just as good as its iPhone counterpart, but it cannot be found in the Play Store. It must be downloaded direct from SportsBet, and Android version 4.4 or later is required to run it. If you have a Windows Phone or Blackberry don’t sweat it, because SportsBet have an app for you too. You can check out our in depth SportsBet Mobile App reviews by clicking here.


Great mobile App including in Play Betting.

SportsBet Cash Out: Get Out While You Are Ahead!

Yet another very useful tool that can be used by SportsBet customers is the ‘Cash Out’ facility. This feature has rocketed in popularity since its introduction back in 2015. It allows punters to ‘cash out’ their bets for a certain amount of money before the event is over.

This can come in very handy on occasion, particularly if your team or player is ahead late in the game but look under pressure. Just hit the ‘cash out’ button to take the amount on offer, and eliminate the chance of a bad late beat.


SportsBet Live Streaming

SportsBet is one of the best bookies around when it comes to offering live streaming on sporting events. They offer a wide range of streaming options on both their mobile and desktop sites. On their desktop site you can bet and watch on European soccer (including La Liga), tennis (including Wimbledon) and cricket too, as well as all Victorian thoroughbred racing. On the mobile app it is also possible to stream live NHL matches.


How To Stream

Streaming live sport to your desktop or mobile device couldn’t be simpler with SportsBet. All you need to do is open an account with SportsBet.

  1. Make a deposit.
  2. You need to have funds in your account OR have placed a bet in the previous 24 hours.
  3. Visit the ‘Bet Live’ section of the site/app and choose your event from the drop-down menu.
  4. Then have a bet, sit back and enjoy the live stream of your chosen event with SportsBet

SportsBet Horse Racing Betting

Horse racing is one of the most attended sports in Australia each year, and it is also one of the most popular sports when it comes to betting. SportsBet offer markets on not just every domestic meeting, you can bet on Asian, European and American racing too. They have all the biggest and best races covered, including the race that stops a nation, The Melbourne Cup.

SportsBet are usually one of the first bookies to offer prices on The Melbourne Cup, forming a market for the following year just hours after the conclusion of the race. Horse racing is a sport that millions of Australian’s hold close to their hearts, and SportsBet reflect this with the range and depth of markets they offer. SportsBet have the best odds available from QLD, NSW and VIC.

All the usual methods of horse racing betting are available with SportsBet, including win, place and each way. Fluctuation betting is available on all Metropolitan meetings, a useful method that secures the best possible odds. SportsBet offer daily doubles, trebles and quaddies at enhanced prices daily at most domestic meetings. Or, if you prefer to punt exactas, trifectas and quinellas, then SportsBet has got you covered too.

SportsBet offer FREE and LIVE streaming of all horse races from South Australia and Victoria. Just like with other sports, SportsBet are renowned for their imaginative and frequent racing promotions. Hotshots racing, for example, gives members the chance to pocket a cool $50,000 if they can pick 6 winners at a nominated meeting. When it comes to horse racing betting, SportsBet are well ahead of the field.


SportsBet MegaBet Feature

The MegaBet feature on offer from SportsBet is hugely popular with punters. In this section of the SportsBet site you will find enhanced odds on offer from a wide variety of sporting contests and events. These special offers are marketed relentlessly on social media, so they are hard to miss.

Whether tennis is your thing, or if it is the footy that floats your boat, you will always find some juicy enhancements thanks to MegaBet. Sports betting is all about finding the best value, and more often than not you will find it with MegaBet. This is another facility for punters that makes SportsBet stand out from the crowd.


SportsBet Deposit And Withdrawal Methods

Instant Deposit Methods: Credit/Debit Card, PayPal, POLi (desktop), Moneybookers/Skrill.

Non-Instant Deposit Methods: BPAY, Bank Transfer.

Another important factor to consider when choosing an online bookmaker are the banking facilities that are available. SportsBet offer customers a number of ways to deposit, both instant and non-instant. The instant deposit methods available with SportsBet are via credit/debit card, PayPal, POLi (desktop only) and Moneybookers/Skrill. The non-instant deposit methods include BPAY and bank transfers.

It is important to note that once you deposit money with SportsBet, you cannot withdraw it until you have placed bets to the same value. SportsBet recommends using bank transfers to withdraw cash, but they have other options too. Credit cards, PayPal, Skrill/Moneybookers or SportsBet cash cards can all be used to access your winnings.

Account Verification

However, before you can withdraw any money from your SportsBet account it must be verified. This is a standard security policy for most betting companies, and it is a simple process. In the ‘My Account’ section there is an option to ‘Verify Now’. Enter your details from an official form of identification (driver’s licence for example), hit ‘Verify Details’, and it is as easy as that.

SportsBet Limits And Payouts

Just like most other bookies, SportsBet have limits in place on the maximum winnings they pay out on certain types of bets. Below you will find the different limits applied across the SportsBet site. *

SportsBet Horse Racing Limits And Payouts

  • Max pay-out of $1 million on racing MultiBets (maximum 25 selections).
  • Top Fluctuation pay-out limits: $20k City Racing; $5k Country/Provincial Racing.
  • NSW and VIC rules: From 9am on the day of racing SportsBet are obliged to lay bets to win a minimum amount.
  • For Metropolitan races it is $2000 win and $800 place.
  • For country races it is $1000 for a win and $400 for a place.
  • Place Card pay-out limit: $30k per track per day.
  • Treble pay-out limits: $100k City Racing; $20k Country/Provincial racing.
  • Quaddie pay-out limits: $300k City Racing; $100k Country/Provincial racing.
  • Super Six pay-out limits: $300k City racing/$100k Country/Provincial racing.
  • Max pay-out UK and Irish racing win and place: $50k.

SportsBet Other Sports Betting Limits And Payouts

  • Max pay-out of $1 million on MultiBets (maximum 25 selections).
  • Max pay-out Harness Racing: $100k.
  • Max pay-out Greyhound Racing: $100k.
  • Max pay-out NFL/American Football: $100k.
  • Max pay-out entertainment/special bets: Bookmaker’s discretion.
  • Max pay-out European Ice Hockey: $250k.
  • Max pay-out for in play Tennis bets: $3k per match.
  • Max pay-out Volleyball: $250k.
  • Max pay-out E Sports: $20k.

*Other limits may apply please check SportsBet Terms and Conditions.

SportsBet Customer Service

In all forms of business, providing polite and prompt customer service is one of the keys to success. SportsBet strive to live up to those requirements, and there are a number of ways to get in touch with them. They are available from 8am to 11pm Monday to Saturday, and 9am to 9pm on Sundays. You can contact them in via the avenues listed below.

  • Telephone: 1800 990 907 (Australia) or +61 3 8613 9600 (International).
  • FAX: 1800 131 238 (Australia) or +61 3 9654 1999 (International).
  • Post: GPO Box 4755, Melbourne, VIC 3001, Australia.
  • Live chat: Available from 7am to 12am Mon-Sat. 8am to 9pm Sundays.

Formal Complaints

If you have a formal complaint to make to SportsBet, they have a procedure put in place that must be followed. You must make the complaint via email to: [email protected]. SportsBet vow to reply within 48 hours, once the following information is included.

  • First and last name.
  • Account number and/or Username.
  • Is this the first time you have contacted SportsBet about this issue? Y/N.
  • Complaint description – Please include a bet receipt, operator name or market (if applicable).
  • Preferred resolution.

Is SportsBet A Bookmaker You Can Trust?

When choosing a bookie one of the most important things to consider is, can they be trusted with your hard earned cash? SportsBet was the first Australian betting company to be awarded a licence in 1993, so they have been around since the start. Now owned by European giant Paddy Power Betfair, SportsBet is definitely a company that can be relied upon to pay up, and not disappear off into the sunset with your winnings. Below we have listed some of their main security features.

  • SportsBet encrypts all data using the latest SSL mechanism.
  • This ensures that your personal information cannot be accessed by potential fraudsters.
  • On occasion you may be asked to send in a picture of your credit card, as an added security measure.

Responsible Gambling

SportsBet is a company that cares about customer welfare and they encourage responsible gambling. They have a number of interesting links on their site to aid anyone who might be worried about their own gambling, or the gambling of someone they love. It is always good to see a bookmaker behaving responsibly in this area, and SportsBet do just that.

SportsBet Punters Club

When it comes to ways in which a bookmaker can enhance the gambling experience, SportsBet always has innovative ideas. One such idea is the SportsBet Punters Club, a very useful tool that adds a social aspect to what is usually a solitary pursuit.

The SportsBet Punters Club allows you to set up a group that you can invite your friends and colleagues to join. The Punters Club, fully integrated with your SportsBet account enables the group to pool their resources together and take turns in placing bets. It is a really great idea, and it adds a fun element to betting at SportsBet that most other bookmakers can’t replicate.


SportsBet Specials For Punters

SportsBet always beats their industry rivals to the punch when it comes to special offers for punters. Whether it is horse facing, footy, soccer or tennis, SportsBet have loads of special offers to keep customers happy. Below we outline some of their best.


Justice Payout

Sometimes you can place a bet that loses through no fault of your own. Lady Luck can be a cruel mistress sometimes, but SportsBet’s Justice Payout offers punters a lifeline. They often pay out on those unlucky losers as winners, even though they are under no obligation to.

One recent example was when La La Land was mistakenly named as Best Picture winner at the Oscars in 2017. Moonlight actually took the prize, but any SportsBet punters who backed La La Land, got paid out as a winner. SportsBet’s justice pay-out is one of the best special offers around.

Protest Payout

In horse racing sometimes your selection can win, but then loses the race afterwards due to a protest. If you are on the horse that was first past the post and there is a protest, don’t fret. SportsBet’s Protest Pay-out offer means you will still get paid as a winner.

This offer stands for all Australian thoroughbred racing, including harness racing. If a protest is upheld and the winner is thrown out, all single win and the win portion of each way bets. This offer only applies to bets placed online and it does not apply to racing in other jurisdictions.

Early Payout

Sometimes SportsBet have offers that leave them with the risk of getting egg on their face. One such special offer for punters is the SportsBet Early Payout offer. This is when the result of an event or competition looks a foregone conclusion, and SportsBet pay out before the event has taken place or the competition has finished.

One example of an early pay-out from SportsBet came back in 2016. Patrick Dangerfield was viewed as an absolute certainty for the Brownlow medal, and SportsBet paid out well before the AFL season finished. It isn’t just footy that SportsBet offer early pay-outs on either, and this special is yet another reason why SportsBet is well worth checking out.

SportsBet: Recommended but not the best on market

As can be seen from the above, there are an awful lot of reasons for choosing SportsBet as your number one bookmaker. They offer a strong sign up bonus, their pay-out limits are generous and their app works well across all platforms. SportsBet’s horse racing coverage is second to none, and they cover all of Australia’s favourite sports with a huge amount of promotions.

SportsBet’s ethical approach to responsible gambling is another tick in the box. They pride themselves on quick and efficient customer service, with the only slight negative being the unavailability of bonus offers in certain territories. However, since forming in 1993 SportsBet have been an industry leader, and in 2018 they are still at the very top. If you are looking for a new bookie, SportsBet come highly recommended by us.

As crazy as it sounds, after everything considered, we think bet365 is a smaller sportsbook with no classic welcome bonus, BUT with a stronger sportsbook overall offer. At this point, we would go for bet365.

No reviews yet

Got a question or an opinion for this article? Share it with us!

Your email address will not be published. Required fields are marked *


The better call: bet365


The better call: bet365