Overview
Market leader in Australia, innovative features like Same Game/Race Multis, extensive live streaming (NBA, NFL, soccer, etc.), Bet With Mates, strong racing coverage
Sportsbet was established in 1993 and is operated by Flutter Entertainment plc (via Sportsbet Pty Ltd). The operator holds a licence from Licensed in the Northern Territory by the NT Racing and Wagering Commission under the Racing and Betting Act 1993 (NT).
We tested Sportsbet by creating an account, depositing funds, placing bets across their available markets, and requesting a withdrawal. This review reflects what we found during that process.
| Year Established | 1993 |
| Launched | Jan 2005 |
| Parent Company | Flutter Entertainment plc (via Sportsbet Pty Ltd) |
| Licence | Licensed in the Northern Territory by the NT Racing and Wagering Commission under the Racing and Betting Act 1993 (NT) |
| Overall Rating | 9.7/10 |
Our Rating
We scored Sportsbet across seven categories using our weighted methodology. Here is how the scores break down.
Sports and Racing Markets
24+ sports including AFL, NRL, EPL, NBA, cricket, tennis, soccer, rugby, horse racing (thoroughbred), greyhounds, harness racing, motorsports, and international events
For Australian punters, the most relevant markets are thoroughbred racing, greyhounds, AFL, NRL, and cricket. Sportsbet covers all of these extensively.
Key Features
Same Game Multi, Same Race Multi, live betting, cash out (on eligible bets), multi builders, Power Play boosts
Same Game Multis and Same Race Multis are available, which is consistent with what most Australian punters expect from a modern bookmaker.
Mobile App and Platform
Yes, available on iOS (App Store) and Android (Google Play), Australia's favourite betting app with full features
The app performed well during our testing, with fast load times and a clean interface. Navigation between racing and sports sections was straightforward.
Deposits and Withdrawals
Sportsbet accepts the following deposit methods: Debit card, BPAY, PayPal, cheque/money order, direct deposit, telegraphic transfer.
For withdrawals: Bank transfer (few hours to days), Sportsbet Cash Card (instant), PayPal (up to 1 business day; requires prior deposit).
The minimum deposit is $0.01 (no explicit min deposit specified, matches min bet) and the minimum bet is $0.01 online/app; higher for phone bets ($5-$50). These are in line with industry standards for Australian bookmakers.
| Method | Min Deposit | Processing |
|---|---|---|
| Visa/Mastercard | $5-$10 | Instant |
| PayID | $5-$10 | Instant |
| POLi | $10 | Instant |
| Bank Transfer | $10-$20 | 1-3 days |
| PayPal | $10 | Instant |
Customer Support
Live chat (6am-midnight AEST), phone 1800 990 907 (6am-midnight), email customerservice@sportsbet.com.au
Support hours are adequate for most users, though we would prefer to see 24/7 availability given the nature of live betting and racing schedules.
Responsible Gambling Tools
Deposit limits, self-exclusion, BetStop
All Australian-licensed operators are required to provide deposit limits, self-exclusion options, and integration with the BetStop National Self-Exclusion Register. Sportsbet meets these requirements.
Think. Is this a bet you really want to place? For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au. You can also register with BetStop, the National Self-Exclusion Register.
Pros & Cons
Pros
- Licensed and regulated Australian bookmaker
- Dedicated mobile app available for iOS and Android
- Same Game Multi and Same Race Multi available
- Live betting and streaming features
- Cash out available on eligible bets
Cons
- Fines for failing to send activity statements ($313k
- Promotional offers limited by Australian regulations
Verdict
Sportsbet scores 9.7/10 in our testing. Mixed; praised as #1 online bookmaker but criticized for poor customer service, account restrictions on winners
For punters who prioritise racing markets and competitive odds, Sportsbet is worth considering. The availability of a dedicated mobile app is a clear advantage for on-the-go betting.
We noted the following concerns during testing: Fines for failing to send activity statements ($313k, 2025), spam violations ($2.5M, 2022), user complaints on Trustpilot/ProductReview about service, bonus issues, cash out errors, account suspension.
18+ only. T&Cs apply. Stay in Control. Gamble Responsibly. Think! About your choices. Call Gambling Help on 1800 858 858 or visit www.gamblinghelponline.org.au. Gamble responsibly. Call 1800 858 858 for support.