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
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 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. SportsBet does not offer casino or poker products, and it is purely a sports betting site.
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 has 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 Horse Racing Odds Comparison
As you can see from the table below, SpotsBet offers just the slightly worse odds on horses that their rivals Ladbrokes and BetEasy. 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.
|Ears The Barman||14.00||14.00||14.00|
|Sweeping The Board||13.00||13.00||13.00|
SportsBet Mobile App Betting
When it comes to apps and mobile betting, SportsBet is 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 has 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 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, 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 has an app for you too. You can check out our in-depth SportsBet Mobile App reviews by clicking here.
SportsBet Cash Out: The Early “Chill Pill”
Yet another very useful tool that can be used by SportsBet customers is the ‘Cash Out’ facility. This feature had 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.
- Make a deposit.
- You need to have funds in your account OR have placed a bet in the previous 24 hours.
- Visit the ‘Bet Live’ section of the site/app and choose your event from the drop-down menu.
- 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 is 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 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 offers FREE and LIVE streaming of all horse races from South Australia and Victoria. Just like with other sports, SportsBet is renowned for its imaginative and frequent racing specials. When it comes to horse racing betting, SportsBet is 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 is the banking facilities that are available. 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.
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
- 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 9 am 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.
SportsBet Customer Service
In all forms of business, providing polite and prompt customer service is one of the keys to success. SportsBet strives to live up to those requirements, and there are a number of ways to get in touch with them. They are available from 8 am to 11 pm Monday to Saturday, and 9 am to 9 pm 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 7 am to 12 am Mon-Sat. 8 am to 9 pm on Sundays.
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 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 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.
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 does 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: 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. You will enjoy SportsBet as a new customer, 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.
SportsBet’s ethical approach to responsible gambling is another tick in the box. They pride themselves on quick and efficient customer service and the outstanding supporting “amenities” which most AU punters find useful.
We do recommend SportsBet, but as crazy as it sounds, we actually think that bet365 is a better option. It's a smaller sportsbook with no classic welcome bonus, BUT with a stronger sportsbook overall offer, including an amazingly slick product.
Sportsbet Australia FAQs
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.
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.
Sportsbet is an all Australian bookmaker, founded back in 1993. It's one of the leading betting sites in Australia, and up until few years ago, it was undisputed in the Australian betting market.
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