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Sportsbet Review

Last Updated 07/31/21
country-not-accepted-icon CR Sports Bettors Not Accepted
Known For:
Many Perks
4 /5
Deposit Options
4 /5
Why Choose Sportsbet?
Pros
  • Fast Payouts
  • Solid Software
Biggest Complaint
  • Not available in every country

Sportsbet has earned its status as one of the leading online betting sites in Australia by providing compelling bonuses, reliable payouts and competitive odds. The company started out as a small bookmaker in Darwin back in 1993, but it was given a new lease of life when entrepreneur Matthew Tripp bought it for $250,000 in 2005. It took Tripp a mere four years to turn Sportsbet.com.au into a leading light within Australia’s burgeoning online betting industry.

Irish bookmaker Paddy Power took a controlling stake in Sportsbet in 2009, and assumed full ownership in a deal that valued the business at $338 million in 2011. It has continued to flourish in the ensuing years, while Paddy Power is now known as Flutter Entertainment, having become the world’s largest online betting company by purchasing Betfair, FanDuel and The Stars Group. Sportsbet is licensed and regulated in the Northern Territory, with a headquarters in Melbourne. It is a large, reputable business with a long history of paying out in full and on time. This Sportsbet review discusses the sign-up process, the bonuses available, deposits and withdrawals, betting options, customer service, the quality of the odds and more.

Sportsbet Sign-Up Process

It is quick and straightforward to sign up for an account with Sportsbet:

  • Click “Join Now” at the top of the homepage to trigger the registration form.
  • Choose your title, enter your name and date of birth, select Australia as your country of residence, and then enter your address, mobile number and email address.
  • Choose a username and password, and click “Create Account”.

The whole process should take no more than a couple of minutes. You can then fund your Sportsbet account and start wagering on sports.

Banking

Currencies Accepted

AUD

Methods of Deposit

Visa
Min: $10
Max: Contact CS
Fee: Free
Mastercard
Min: $10
Max: Contact CS
Fee: Free
Skrill
Min: $10
Max: Contact CS
Fee: Free

Click on “My Account” and then select the “Deposit” tab to fund your Sportsbet account. You have a few convenient Sportsbet deposit methods to choose from:

Credit Card and Debit Card | Visa and Mastercard are accepted as deposit options at Sportsbet. Deposits are instant, with a minimum deposit of $5.

POLi | Eighteen of the largest banks in Australia are supported by POLi. You can use it to send money directly to your Sportsbet account. Just select POLi, choose your amount, enter your Sportsbet password and you will be taken to the POLi site to continue your transaction.

Bank Transfer | It is easy to send a direct bank transfer to Sportsbet. Just add your account number and last name as a payment reference.

Alternative Methods | Sportsbet also accepts payments via PayPal, Apple Pay, BPAY or a cash card.

Methods of Withdrawal

Skrill
Fee: Free

You also have a few convenient withdrawal options at your disposal – bank transfer, credit card, debit card, PayPal or a Sportsbet cash card. You will receive your funds the next business day if you make a request before 2pm AEST Monday to Friday. If you request a withdrawal after 2pm AEST at the weekend, it will arrive on the following Tuesday. There are no minimum or maximum withdrawal limits. If you want to withdraw a large sum of money to a card, it may require a few transactions. All withdrawals are free.

Sportsbet Bonuses

Australian bookmakers were banned from offering sign-up bonuses when the country’s gambling laws were tightened in 2018. At the time, the Sportsbet sign-up bonus was very generous. It was offering a match deposit sign-up bonus worth up to $501, which was very competitive with key rivals William Hill, CrownBet and Unibet, but that is no longer possible.

Sportsbet deserves its status as one of the best online betting sites in Australia.

User Experience

The sports betting experience at Sportsbet is very strong, as you would expect from a popular site owned by the world’s largest gambling company. It is a stylish, modern online sportsbook with features such as live streaming, cash out and a same game multis builder. There is also a vibrant blog, and you can enjoy stats and insights on sporting events. Sportsbet is renowned for its strong marketing, and it is also very active on social media.

Sportsbet Mobile App Review

The mobile app offered by Sportsbet is fantastic. It has an average score of 4.6 out of 5 after receiving more than 180,000 user reviews on the Apple Store. The BMR team downloaded it and tested it out for this review of Sportsbet, and we were impressed. It is easy to use and rich with features. We were able to place wagers very quickly when using the Sportsbet app, which has been intuitively designed.

Sports Betting Options

You will be able to bet on thousands of sporting events each week when you visit sportsbet.com.au or download the Sportsbet app.

Sports Covered

The main sports covered by Sportsbet are Aussie Rules, rugby league, rugby union, cricket and horse racing, as you would expect. Yet it also offers superb coverage of a wide range of international sports alongside Australian sports. There are around 40 featured in total, from soccer, golf and basketball to a niche range of sports including chess, surfing and water polo.

Depth of Sporting Coverage

Sportsbet leaves no stone unturned in its coverage of sporting events from across the world. It is a sister site to Paddy Power, Betfair, Sky Bet and many other famous names, and all of these sites offer superb coverage of dozens of sports. You will find all sorts of niche sporting events to bet on, including lower league action in many different countries. Sportsbet features all Australian racing across the three codes, with a Top Tote Plus feature to ensure you receive the best prices.

Betting Markets

You will find more than 100 betting options available on big sporting events at Sportsbet. The multi builder allows you to compile your own multi bets within a particular game. It also provides dozens of bet types on obscure games. Horse racing punters can enjoy Quaddie betting, Super 6, First 4s, exotics and much more. When it comes to soccer, there are all sorts of Asian handicaps and special bets.

Live Betting

Sportsbet offers a sophisticated live betting platform that allows you to wager in-play on hundreds of events per day. There is live streaming, so you can watch the action unfold while browsing the odds. You will also see stats, and you can choose from a very comprehensive range of live betting options. The cash out function allows you to lock in a profit or cut your losses before a live event finishes.

Other Betting Options

Sportsbet has a dedicated horse racing section, which is excellent. It covers a huge array of meetings from around the world, and the domestic coverage is fantastic. You can place a wealth of different bets, and the section is very easy to use. It does not offer an online casino or poker room.

Wagering Limits at Sportsbet.com.au

You can bet as little as $0.01 via the Sportsbet mobile app or desktop site. There is no official maximum bet, but maximum winnings are normally capped at $500,000. However, you can speak to the customer service team to negotiate that upper limit if you are a high roller. It will then be at the management’s discretion.

Sportsbet Australia provides reasonably competitive odds on a huge range of sporting events each week. It also offers opinionated odds. That means you will find better than average odds on one particular team. When conducting this Sportsbet review, we found Sportsbet offering better odds than TAB, Ladbrokes and Unibet on one team in several Aussie Rules matches, but worse odds on the other team. It is therefore advisable to open an account with Sportsbet and at least one of its competitors.

User Reviews

Sportsbet customers are very positive about their experience with the site. They like the wide range of sports covered and bets offered, the competitive odds and the broad wagering limits. There is also a really fun “Bet with Mates” feature, whereby you can start a group, bet together and share the highs and lows of sports betting with one another. The blog, the marketing and the social media activity help foster a strong sense of community on Sportsbet.

Customer Service

The Sportsbet customer support team is available to provide assistance from 8am to 11pm AEST on Monday to Saturday, and 9am to 9pm Sunday. You can call the customer service agents on 1800 990 907. Sportsbet also offers live chat support, which is available from 7am to midnight on Monday to Saturday, and 8am to 9pm on Sundays.

Info

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Country Restriction

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Languages

English

location-icon

Location

Australia

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Contact

Telephone:
Australia: 1800 990 907
Email:
customerservice@sportsbet.com.au

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Date Established

Since:
2005

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Customer Service

Live Chat:
Yes
Service Hours:
Bets accepted 24/7.

Summary

BMR Verdict
Sportsbet deserves its status as one of the best online betting sites in Australia. The racing betting section is superb, the sportsbook is comprehensive and the overall user experience makes it significantly better than many of its rivals. The odds are interesting, the limits are appealing and it has a reputation for fairness and reliable payments. The Sportsbet mobile app is excellent, but the BMR team also enjoyed using the desktop version of this online sports betting site, which is very easy to navigate and packed full of helpful features. We can highly recommend Sportsbet to Australian and Kiwi punters.

If you’ve made it this far and are still not sure about giving Sportsbet your business, check out the top rated sportsbooks suggested below, or visit the Bookmakers Review rating guide to search for another sportsbook.

Sportsbet Review
A- Last Updated
07/31/21
Known For:
Many Perks
4 /5
Deposit Options