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Sportsbet Review

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This is a comprehensive review of the Sportsbet.com.au punting site. We will look at their history and the features the site has to offer. This review is specifically geared towards Australian punters. We want to provide you with as much information possible about the various bookies serving the Australian market so that you may make an educated decision about which site you want to punt on.


Licensed In The Northern Territory

History and Licensing

This bookmaker is Australian-based and provides opportunities horse race punting and a variety of other sports as well. Sportsbet has been in operation for over 21 years; starting up in 1993. A dozen years later Sportsbet was struggling and facing the prospect of bankruptcy. At the last moment Matthew Tripp bought the flailing company for $250,000. For nearly a decade now Sportsbet has done rather well.

The largest bookmaker in Ireland, Paddy Power, gained 51% of the company in May 2009. During the same year the owners of Sportsbet picked up All Sports Ltd; the company that owned IASbet. By 2011 Paddy Power has complete ownership of Sportsbet. During that same year the IASbet and Sportsbet sites were revamped and today these two sites are closely related, but have their differences as well. Sportsbet is well known throughout the punting world for offering a wide assortment of punting promotions at any given time.

Click Here To Visit Sportsbet.com.au

Features & Services

New Account Specials – When a punter opens up a new account this site will match their first bet 100% up to the amount of $150.

Deposit Methods – PayPal, POLi, Bank Transfer, Skrill (Moneybookers), BPay, and Credit/Debit Card.

Withdrawal Methods – Bank Transfer, PayPal and Skrill (Moneybookers)

Currencies Used – AUD, USD, NZD, EUR, SGD, GBP and HKD

Languages – English

Format for Odds – Decimal

Minimum Deposit – $5.00

Minimum Punt – $0.01 if punting online and $50.00 if by phone

Maximum Payout – A punter can win AUD$500.000 per day. This is the case unless a special amount was negotiated. The sports type may also determine the punting limits as well.

Bookmaker Margin – 4.6%

Credit Opportunities – Any member can place an application for u;p to $5,000 in credit. Sportsbet can give instant credit of $200 if they wish to do so.

Mobile Betting Platform – You can do your punting right from your iPad, iPhone or Android. Sportsbet offers apps that allow you to make deposits and punt right from your favourite mobile device.

Dead Heat Rule – In the event of a Dead Heat or Draw, where such an option was not offered for betting purposes, the ticket will be paid out at face value divided by the number of Dead Heating winners of the event.

Bonuses and Promotions

Soccer Special If Australia score against Chile, we’ll refund your losing win-draw-win bet Terms and Conditions

Daily Racing Specials
Every Day Get your cash back on nominated Horse Races every day of the week Terms and Conditions

4 Places We’re paying 4 places on the Stradbroke Handicap!Terms and Conditions

Contact Us

Racing Betting Line
1 800 132 387

Sports Betting Line
1 800 138 238

Customer Service
1 800 990 907


The Sportsbet interface is quite functional and is very similar to the IASbet site. The betting slip is superb and they always have a strong horse racing card. Horse racing events are covered in Australia, New Zealand and at various times, Asia. There are plenty of good punting options, but live bets can only be placed via the telephone due to Australian Government Gambling Laws.

Table App


Final Review

Sportsbet is a well established bookmaker with plenty to offer the Australian punter. Although their punting promotions are not as good as some competitors, they do consistently offer up some type of promotion. They offer a wide range of deposit and withdrawal options and their mobile betting platform is excellent. Sportsbet is definitely a punting service worth looking into.

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