sportsbet-logo Review

Updated: 05/19/2023
Written by Dave Last time updated 05/19/2023
Payment methods POLi, BPAY, PayPal, Bank Transfer, VISA, MasterCard
Licence Northern Territory - Australia
Games Rugby, cricket, soccer, Aussie rules, basketball, horse racing, baseball, hockey
Countries Australia
Last update Reviewed in
Best alternative
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bet365 Review
Best Live Streaming
Many Sports Covered

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 18+

SportsBet is a well-known Australian betting brand with a broad user base and lots of sports and racing events on offer. Even though the selection of markets is great for most sports, we found that their odds are usually below the market average. Also, the site interface would use a bit of polishing, since some of the less experienced punters may find it hard to move around.

You are probably reading this SportsBet review because you are considering opening an account with one of the biggest bookies in Australia. If so, you have come to the right place. We will reveal all of the hidden downsides of this operator.

Our independent research showed that bet365 outperforms SportsBet in a few very important areas, such as the quality of odds and the selection of sports. On top of that, bet365 is a market leader in live streaming and a number of payment methods. Take a look at our bet365 reviewS today and see for yourself why we think they’re great.

  • bet365 covers a few more sports for betting
  • bet365 has more markets, especially for soccer and all US sports
  • 24/7 customer support
  • bet365 has a better live streaming coverage
  • More payment methods available
  • Excellet mobile app for iOS and Android
  • Odds are usually below the market average
  • Smaller selection of markets for certain sports
  • Customer support may not always be available
  • Don’t stream high-end sports like NBA
  • Smaller selection payment methods
  • App fells slow and it tends to crash when you’re doing multiple things at once

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 the majority owner. The Irish giants have since merged with Betfair, and as of 2018, Paddy Power Betfair owns SportsBet Australia. SportsBet is licensed in the Northern Territory.

SportsBet covers all of Australia’s favourite sports, with odds available on horse racing, AFL, NRL, cricket, soccer and golf. SportsBet also displays 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. They also offer sports betting bonuses and promotions, but you’ll first have to register to see them.

sportsbet online sportsbook

How Good Are SportsBet Odds?

SportsBet usually has an over-round of between 106% and 108% on most sports betting markets, which is below average in comparison to their market rivals. Odds couldn’t be considered one of Sportsbet’s biggest strengths. Overall, Sportsbet’s odds could be better, but they could also be a lot worse too.

SportsBet Horse Racing Odds Comparison

As you can see from the table below, Sportsbet offers just the slightly worse odds for betting on horses than their rivals bet365 and Unibet. The difference is just 1.3%, so we can say that SportsBet offers prices in line with the industry standard. But be sure to always do the comparison test before betting since odds differences may drastically vary from event to event.

SportsBet Horse Racing Odds Comparison
Arktika Klasse18.0018.0018.00
Beau Zoom5.505.004.60
Divine Honours10.0010.0010.00
Ears The Barman14.0014.0014.00
Manhattan Sting6.507.007.00
Spanish Peaks4.504.605.00
Sweeping The Board13.0013.0013.00

SportsBet Mobile App Betting

They have some of the top punting 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 has an app for you.

Their iPad app allows you to stream live race commentary, as well as providing lots of betting options, including live in-play odds. The iPhone app also 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 directly from SportsBet site, and Android version 5.0 or later is required to run it. The whole process of downloading the app for android mobile devices is pretty straightforward.

Just follow instructions on their mobile app page, and you’ll be done in no time. The Android app has the same slick design as the iOS one, so you should find it very easy to navigate around and locate your bets.

If you are not a fan of downloadable apps, don’t worry, SportsBet got you covered. Just use the web browser on your mobile device to enter SportsBet site, and you’ll be ready to start betting right away. It doesn’t matter whether you prefer web-based, Android or iOS app, you’ll have access to all of the top SportsBet mobile betting features.

sportsbet mobile app

SportsBet Live Streaming

SportsBet offers a wide range of streaming options on both their mobile and desktop sites. On their desktop site you can bet and watch European soccer (including La Liga), tennis (including Wimbledon) and cricket too, as well as all Victorian thoroughbred racing. However, they still fall behind bet365 which offers even more events, especially around top European soccer and horse racing.

How to live stream at 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.

All the usual methods of horse racing betting are available with SportsBet, including win, place and each way. Fluctuation betting is available at all Metropolitan meetings, a useful method that secures the best possible odds. SportsBet offers 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 horse racing

SportsBet AFL and NRL Rugby Betting

Sportsbet provides a solid range of markets for betting on AFL and NRL clashes. Here you can place almost any type of rugby bets you can think of, including all the most popular ones like lines, total tries and handicaps. It’s not the best offer we have ever seen, but it should be good enough for the beginners.

However, SportsBet has pretty low odds on some Australian rugby betting markets. If you are searching for a bookmaker with generous odds, we suggest you go somewhere else. We even made a quick odds comparison test to determine if this is really true. To see the results of the test, scroll down and keep reading.

Rugby Odds Comparison

For this test, we took an AFL Finals game between Richmond and Great Western Sydney to determine which Australian bookmaker offers the best odds. We compared SportsBet’s prices against the ones offered by bet365 and Unibet. Results have shown that SportsBet is way worse than both of them. Keep in mind that this test is based on only one game, so always do a similar test on your own before betting.

Sportsbet Sports Odds Comparison
Team SportsBet bet365 Unibet
Richmond 1.361.361.42
Greater Western Sydney
Overround 104.3%105%100.3%

SportsBet Deposit And Withdrawal Methods

Another vital factor to consider when choosing an online bookmaker is the available banking facilities. SportsBet offers 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. 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 has limits in place on the maximum winnings they payout on certain types of bets. Below you will find the different limits applied across the SportsBet site. *

SportsBet Horse Racing Limits And Payouts

SportsBet Other Sports Betting Limits And Payouts

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

SportsBet Customer Service

In all forms of business, providing courteous and prompt customer service is one of the keys to success. There are several ways to get in touch with Sportsbet’s support agents. They are available from 8 am to 11 pm Monday to Saturday, and 9 am to 9 pm on Sundays. This means the support isn’t 24/7, which is a huge minus, especially for bookie this size.

You can contact them in via the avenues listed below.

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.

Is SportsBet A Betting Site 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 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 Company Info
sportsbet banner
Flutter Entertainment
Barni Evans
Founded in
$740 million
Melbourne, Australia
87 088 326 612

Responsible Gambling

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

SportsBet: Recommended But Not the Best on Market

SportsBet is a solid choice, we think that bet365 is a better option. It’s a smaller sportsbook, BUT with a stronger overall offer, including an amazingly slick product. We had a lot of trouble with SportsBet customer support, which is a huge minus in our books. Also, the odds are usually not near the market best. Because of all that we firmly believe that you’ll be much better off with some other betting site.

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We think that there are a few much better options than SportsBet. Click the button below to check out the full list of the best SportsBet alternatives.
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Sportsbet Australia FAQs

Who owns Sportsbet?

Sportsbet is owned by Flutter Entertainment. Originally founded in 1993, acquired in 2010 by Paddy Power, Sportsbet now belongs to the Paddy Power Betfair gaming and betting group. We provide even more info about Sportsbet in the full review.

How long do Sportsbet withdrawals take?

Most withdrawals take up to 2 business days. If you request a credit card withdrawal you will receive the money in two days on average. If it’s a CBA withdrawal, you can expect the money within 24 hours. You can learn more about payments at Sportsbet from our review.

What is Sportsbet?

Sportsbet is an all Australian bookmaker, founded back in 1993. It’s one of the biggest betting sites in Australia, and up until a few years ago, it was undisputed in the Australian betting market. Nowadays, bookies like bet365 and Unibet have taken over the top spot from Sportsbet.

What payment methods are available at Sportsbet?

You can deposit and withdraw money at Sportsbet using several payment options, including POLi, BPAY, Skrill and bank transfer. We list all available payment methods, as well as expected waiting times, in our full review of Sportsbet.

  1. Yang says:

    Sportsbet live betting is great just one thing their predictions is bad do not follow their predictions just their prediction A team win just go B team 8 out of 10 u will win

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