Sportsbet Review & Bonus Bets 2021

  • Bonus
  • Features
  • Online Betting
  • App Betting

Daily Racing Specials - Check Each Day!

  • Biggest name in the Australian market
  • Easy bet live functionality
  • Unique specials for both racing & sports

Bonus: Various bonus bets back specials

Terms Icon

Please visit: https://responsiblegambling.sportsbet.com.au/hc/en-us for all the important information about responsible gambling.

Terms & Conditions Apply
Pros & Cons

Pros & Cons

  • Unique interface that is easy to navigate & straightforward to use
  • Extensive list of sports, races & novelty markets
  • Live streaming of Australian, NZ, UK & Irish races
  • Instant payments via PayPal, Apple Pay & Card
  • Issues with winning accounts being restricted
Bonus

Bonus

  • Awesome promotions offered for midweek & weekend racing meets
  • Promotions & bonus bets offered to both new & existing users
  • Cash back in the form of bonus bets for various markets
  • Refer a friend bonus
Features

Features

  • Bet with mates
  • Million dollar tipping for AFL & NRL
  • Fast code – the quickest way to bet live
  • Live streaming of international races
  • Racing multi builder
  • Protest payout
App Betting

App Betting

  • Elite user-interface
  • Incredible betting flexibility
  • Setting the standard for a gambling platform in Australia

Overview of Sportsbet Betting

Updated August 2, 2021

sportsbook overviewSportsbet have been around for a long time in the betting landscape, founded way back in 1993 as a small operation, and have continued to grow over the years on their way to becoming Australia’s largest online bookmaker.

Sportsbet’s rapid growth will come as no surprise to their customers, with cutting edge technology, innovative features, a strong media team and high levels of customer service providing the full package.

Following the announcement that they would be engulfing and merging with BetEasy, Sportsbet are now well on their way to becoming the biggest bookmaker in the country, as well as already arguably being the most popular. With over 1.2 million Australian customers, Sportsbet are the everyday punters go-to bookie!

If you’re thinking of whether you should bet at this site or not, you should read this Sportsbet review article. It will give you great insight into the positives and negatives of becoming an account holder with Sportsbet. For more details, wisdom and information, let’s take a look at the nuts and bolts in our Sportsbet bookmaker review.

Sportsbet Bonus Bets

sportsbook bonus codes

Something that every punter looks for when they are joining a betting agency is the amazing bonus bets. Although betting regulations that were introduced in Australia in 2018 subsequently removed sign-up bonus bets, Sportsbet still has an extensive list of enticing bonus bet offers. 

Let’s begin with the typical kind of bonus that many Australian punters will know and understand; a matched first deposit. Quite simply, Sportsbet’s first deposit bonus will match your initial deposit as a bonus bet, up to $50.

If you deposit $10 Sportsbet will match a $10 bonus bet, if you deposit $50 Sportsbet will match a $50 bonus bet and if you deposit $100 Sportsbet will match a $100 bonus bet. First deposit bonuses are enticing for the new players. It helps attract new bettors to create accounts on the platform. Unfortunately, due to new Australian regulations, the first deposit bonus is no longer available, but Sportsbet bonus bets do still exist in other forms. 

As well as the Sportsbet first deposit bonus, Sportsbet also offers bonus bets as remuneration for narrowly unsuccessful bets. For example, if you place a fixed odds bet on the outright winner of the British Open and the player you select doesn’t win, but finishes in the Top 10, you will get up to $50 back in bonus bets.

Should your Sportsbet bonus bet be successful, only the winnings from the bonus bet will be credited into your account. This means that your winnings will only be the profit from the bet and not the initial bonus bet stake.  For example, a winning $50 bonus bet placed on a selection paying $3.00 will credit winnings of $100 into your account. The $50 bonus bet stake will not be returned.

Sportsbet Promotions

sportsbook bet types

As betting regulations have essentially removed incentivising sign-ups with bonus bets, bookmakers like Sportsbet keep their users engaged with enticing promotions that run across a variety of different sports and races.

Wednesday Bet Returns 

As midweek races continue to gain popularity around Australia, Sportsbet’s bet return promotion offers a great opportunity for your midweek punting needs. This Sportsbet promo gives punters their stake back in a bonus bet (up to $50) if their selected horse runs second or third at selected race meets. 

3+ Leg Same Game Multi Bet Return

Sportsbet understands the growing popularity and opportunity for more winnings that Same Game Multis have to offer. The Sportsbet promotion will refund your stake in a bonus bet (up to $50) if your multi (minimum three legs) fails by one leg. Sportsbet have offered this promotion for selected AFL, NRL, NBA and NFL games throughout 2021.

Sportsbet Features

Sportsbet have always been innovators when it comes to features, and they’re still at the top of their game in this regard.

Bet With Mates

Sportsbet has recently launched Bet With Mates, an all-new product that allows Sportsbet customers to bet together and share the excitement. This is a unique product that allows a group to come together, place their bets, and share the moment. 

Bet With Mates allows you to use the Sportsbet app to do all the admin work, while you and your mates can just focus on finding a winner. It’s easy to set up, all you need to do is get your group together, pool your funds and start betting.

Million Dollar Tipping

Sportsbet’s Million Dollar Tipping promotions allows users to engage in a no risk, high reward tipping competition that offers punters a chance to share in $20,000 of cash and prizes every week of the AFL and NRL home and away seasons.

Live Stream Australian, New Zealand, UK and Irish Racing 

Sportsbet has been licensed the right to broadcast selected racing events via Sky Racing Channels, Sky Racing 1 and Sky Racing 2. Sportsbet will only offer the Sky Racing service to account holders who have a balance or have placed a bet in the past 24 hours.

Live Betting

Sportsbet offers live sports betting on select sporting events that are currently in-play. Account holders will need to contact a Sportsbet operator via a phone call to place a live bet per Australian law. However if you miss the jump on a race that you like, you can still get on and bet live. Sportsbet keeps the race open and you can continue to bet live in running with updated odds throughout the races across multiple tracks around Australia. 

BYO Bets

A feature that many Australian bookmakers have adopted over the past few years is BYO bets. Sportsbet’s BYO bets allows users to request markets that they don’t already offer for a range of different sports.

Power Play

It’s hard to go past the ‘Power Play’ feature, which allows you to increase your odds on bets across all sports and racing, including multi bets, which can mean big odds for you. You get a certain amount of power plays to use every day, and they reset every 24 hours.

Same Game Multis & Same Race Multis

Same game multis saw a huge increase in popularity thanks to Sportsbet, and they offer a wide variety of markets for you to combine in the one sporting event. Sportsbet also introduced same race multis, which allow you to select multiple runners to win or finish within the top 4.

They also offer a number of other features and specials, like money back offers and also enhanced odds for particular sporting events. There is always a great feature to take advantage of when it comes to Sportsbet, and they are constantly looking for new features to add that they think punters will like.

Sportsbet Betting

sportsbook betting

With one of the most aesthetic app and website user interfaces in the gaming industry, online betting with Sportsbet does not come with many disadvantages. As much as the app has had some bug issues since the relaunch in 2019, the usability on both your mobile device and via the website has made Sportsbet arguably the most popular betting agency in Australia. 

Sportsbet has done an incredible job on the site’s user interface, as navigation is easy and smooth. As for the design, Sportsbet have established a very unique brand and layout, which has resulted in a well-structured interface with the proper colours and graphics.

As much as Sportsbet looks good on the eye, the website/app’s usability is what makes Sportsbet very easy for punters to place bets. Whether you’re looking to place a Quaddie, Trifecta or Quinella at the races, or even a same game multi on the AFL, NRL or NBA, there are several bet types available on Sportsbet and all of them are just as easy as the last to navigate. Please try sticking to the type you understand better. 

Steps To Placing a Bet With Sportsbet

The process for placing a bet through the Sportsbet app and website is essentially the same process as for other betting sites in Australia. Be aware that you will need to deposit money into your Sportsbet account before you can bet. 

Firstly, the user must use either the menu or search bar to find the sport, racing or novelty market that you wish to wager on. Once you have found the event and market, the user must select the odds that they want simply by clicking on the live odds. Your selection will be automatically moved to your bet slip. 

In your bet slip, the user will then add their bet stake. This can be done by either adding a value less than or equal to your deposited funds, or by selecting an existing Sportsbet free bonus bet. If you are happy with the selection, stake and odds, click ‘Place Bet’ and the wager will be made. 

Sportsbet Deposit Options

Sportsbet offers many deposit options to ensure that users can top up their account balances with ease. Once you have clicked the ‘Deposit’ button under the ‘My Account’ tab, you will be given the choice of selecting one of the following deposit options. 

Credit/Debit Card

Simply enter your credit / debit card information as well as a deposit amount and click ‘Deposit Now’.

POLi

POLi is an instant online payment option allowing you to make a bank transfer from your internet banking site directly into your account. Deposits made through the POLi system are available for use in your account instantly.

Bank Transfer

It’s easy to make a direct bank transfer to deposit funds into your sportsbet.com.au account by logging in to your online banking portal and making a payment to sportsbet.com.au using one of the account details below. You must include your Sportsbet account number and last name as a reference in the payment. 

If you make a bank transfer deposit before 5:00pm (AEST) on weekdays, your Sportsbet balance should be updated the next day, however if it is the first deposit for your new account it may take 24-48 hours. 

If you make a bank transfer deposit after 5:00pm (AEST) or on weekends, your Sportsbet deposit will be processed the next business day and you will see it in your account the following business day. Once against, if it is the first deposit for your new account it may take 24-48 hours. 

PayPal

If you select to deposit via PayPal, you will simply be sent to your PayPal login and prompted to finalise the payment.

Cash Card

Simply select your cash card, enter a deposit amount and enter your sportsbet.com.au password. Then click ‘Deposit Now’.

Credit / debit card, POLi and PayPal are all instant deposit methods, while a bank or BPAY transfer may take 24-48 hours.

Sportsbet Withdrawal Options

Like depositing, Sportsbet offers a number of withdrawal options which can be found under the ‘Withdrawal’ tab. Once you select withdraw and the amount of money that you want to remove from your Sportsbet balance, you will be prompted to select one of the following options. 

Bank Account

Sportsbet recommends withdrawing directly to your bank account for ease of withdrawal and security. After you select to withdraw to your bank account, you will be prompted to input your bank name, account number, account holder’s name (this name must match the name on your Sportsbet account) and BSB number. Then all you have to do is press ‘Withdraw’.

Credit / Debit Card

You can withdraw to any credit card that you have made a deposit from on your account. However it is not possible to withdraw to a debit card, instead please withdraw to your bank account that is associated with that card. 

Sportsbet does not accept some prepaid and virtual cards, such as American Express (AMEX)and Diners Club. They might need you to verify your credit or debit card before withdrawing any funds.

PayPal

In order to withdraw funds to a PayPal account, you need to have made a deposit from it first.

If you request a withdrawal before 2:00pm (AEST) on weekdays, your funds will hit your account the next morning. However, if you request a withdrawal after 2:00pm (AEST) or on the weekend, it will be processed by the bank on the next business day, and you will see it in your account the following business day. Your account must be verified before you can withdraw any funds. 

Sportsbet Sign Up Process

sportsbook sign up

Creating an account with Sportsbet is not that much different than creating an account with any social media platform and you only need to enter a few pieces of information. When signing up with Sportsbet there’s no obligation to bet or deposit money, however there are so many different Sportsbet bonuses and promotions that you will need to have bets on to take advantage of. 

When landing on Sportsbet’s homepage, you will see the option to either ‘Log In’ or ‘Sign Up’. If you are looking to create an account you would obviously select the ‘Sign Up’ option. Once you enter your personal details, the user will be asked to create login details such as a username and password. 

Once you have login credentials you can create your account. However, for your account to be fully completed you must verify the account. Sportsbet will try to automatically verify your account based on the information that you provide when signing up. 

Sometimes this is successful, other times it is not. If your account is not verified you will not be able to withdraw any winnings from your account until the account is verified. Account verification is required by the Australian government to ensure that punters are 18 and legally allowed to bet in Australia.

To verify your account you must login onto the Sportsbet website and go to ‘My Account’. Once there, users must select ‘Get Verified’ and choose from the list of ID options to confirm your identity. 

Once you have entered the corresponding information as it appears on your chosen identification, select ‘Verify These Details’ to submit your verification request. It will take us approximately 48-72 hours to process your documents. You will be emailed your verification status once it is complete.

Sportsbet App Review

sportsbook mobile app

Sportsbet has been Australia’s biggest bookie for as long as anyone can remember. They have an easy-to-use interface, the best odds, and the best options in terms of multi’s. It’s also incredibly simplistic to place a live punt, with a wide array of markets to choose from. You also have the ability to watch any race, any time, with free SKY1 and SKY2 streaming on the app.

Aesthetically, the app is arguably the best amongst Australian bookies, however since the Sportsbet app was re-released in 2019, it has been riddled with bug issues and crashes relating to navigation. More recently, these issues are becoming less frequent. 

In terms of betting functionality, the Sportsbet app allows customers to efficiently and effectively construct multi’s across different matches, races and sporting codes. The app also offers an unparalleled level of statistical insight for racing and sports, which allows customers to make more educated selections for both single and multi bets. 

As well as that, the ability to watch your selection live on the app makes the Sportsbet one of, if not the best user experiences amongst its competitors. Sportbet’s app is free for Android and iPhone and it can be downloaded from the Australian Apple App Store or the Sportsbet mobile website for Android users.

Sportsbet Review FAQs

sportsbook faqs

Still got some questions in relation to Sportsbet? Well have a read on below, hopefully we have answered them for you!

How to bet on Sportsbet?

To access the Bet Slip on your Sportsbet account, you simply click on the icon in the top right corner. From there, all you have to do is enter your stake and click ‘Bet’. You will then be asked to confirm your bet is correct, once you’re that satisfied it is, all that you have to do is click ‘Confirm’ to finalise the bet.

How to win on Sportsbet?

If your wager is successful, your bet will be marked as a winner under the ‘Resulted Bets’ tab which can be found when the user clicks ‘My Bets’. Once the bet is resulted, your winnings will be added to your balance. 

Who owns Sportsbet?

Flutter Entertainment has owned Sportsbet since February 2016. 

What does void mean in Sportsbet?

A void bet can occur in a number of situations and when your bet is void that means that Sportsbet will return your stake, this means that you won’t win any money but you won’t lose it either.

How long does Sportsbet take to withdraw?

Sportsbet sends their credit card withdrawals through BPAY, and they take 1-2 business days for it to arrive to your card account. They process these withdrawals at 3pm on weekdays. Withdrawals made on the weekend will be processed the next business day.

How to verify a Sportsbet account?

To verify your account you must login onto the Sportsbet website and go to ‘My Account’. Once there, users must select ‘Get Verified’ and choose from the list of ID options to confirm your identity. 

Once you have entered the corresponding information as it appears on your chosen identification, select ‘Verify These Details’ to submit your verification request. It will take them approximately 48-72 hours to process your documents. You will be emailed your verification status once it is complete.

What is a power play on Sportsbet?

Power play allows you to increase your odds on racing, sport, or multibets. Sportsbet offers power plays on eligible horse, dog and harness racing, as well as a variety of sports markets. You get one power play per day and there is a limit of one power play per event or race.

How to do a quaddie on Sportsbet?

When you select the track you wish to place your bet at click on the ‘Quaddie’ tab. From there, you must select the runners by clicking on the check box next to the runner. You can select as many runners as you like for each of the four races. 

Once you’ve completed all 4 legs of the quaddie, enter either a flexi % or a stake amount (100% flexi would mean you receive 100% of the dividend) and click ‘Add to Bet Slip’. Your quaddie will now appear in your bet slip and you can then confirm your quaddie in your bet slip like you would with any regular selection.

What does flexi mean on Sportsbet?

Flexi betting allows you to take exotic bet types (quinella, exacta, trifecta or first 4) and also multiple bet types (doubles, trebles or quaddies) with as many selections or combinations as you like for whatever amount you wish to invest.

How to do a multi on Sportsbet?

Placing a multi bet is much like placing a regular bet. The major difference is putting multiple selections in your bet slip at the one time. You do this by clicking each selection you are looking to combine. You can then go into your bet slip, scroll down to the multi section and enter the stake you wish to place.

How to get a Sportsbet cash card?

Please note that in order to qualify for a Sportsbet cash card, you must: make sure your ID is verified, be an Australian Resident and have made sure your address is correct and up to date. From there it is quite simple, users just have to log in to their Sportsbet account, click on the ‘My Account’ tab, select the Sportsbet cash and click the ‘Apply Now’ button.

How to place a quinella bet on Sportsbet?

Much like a quaddie, selecting a quinella is not a difficult task on Sportsbet. Firstly, you must select the track and race that you would like to bet on. From there, the user will select quinella from the top menu. 

Then you must pick the horses that you would like to place 1st and 2nd. Finally, click ‘Add to Bet Slip’ and your quinella will now appear in your bet slip, where you can then confirm your wager like you would with any regular selection.

What is a head to head bet on Sportsbet?

Head to head betting is when you place a bet on a team to win a match.

Can you cancel a bet on Sportsbet?

As a general rule in betting, once a bet has been made it cannot be cancelled. Sportsbet have added a number of confirmation steps on the bet slip before a bet is accepted. This gives account holders enough time to confirm their selections and the stake before committing to the bet.

Can you cash out on Sportsbet?

Once you have added your selection to your bet slip, you should see a cash out icon next to the selection if Sportsbet will be offering cash out for your selection. Make sure you use funds from your Sportsbet account to finalise your bet as using a Sportsbet bonus bet will remove the cash out feature. You will be offered a cash out amount immediately after you have placed your Bet.

How to bet live on Sportsbet?

To place a bet on a live match or race on Sportsbet, you will need to call their betting line using the following process. Once you’re on the home page, users simply have to press on the menu icon in the top left-hand corner of the screen and then click on ‘Bet Live’. From there the available markets for live betting with their current odds will be visible.

How to bet a trifecta on Sportsbet?

Much like a quaddie or quinella, selecting a trifecta is not a difficult task on Sportsbet. Firstly, you must select the track and race that you would like to bet on. From there, the user will select trifecta from the top menu. Then you must pick the runners and position you would like to place a bet on. 

Toggling boxed on / off allows you to bet on runners to finish at any position. Enter either a flexi % or a stake amount (100% flexi would mean you receive 100% of the dividend) and click ‘Add’ to bet slip. Your bet will now appear in your bet slip and you can then confirm your trifecta in your bet slip like you would with any regular selection.

How to watch races on Sportsbet?

You can watch live racing with Sportsbet’s live streaming service. The best part is, you can do this for free. Account holders will need to either have funds in their account, or have placed a bet in the past 24 hours to view Sportsbet’s live streaming.

How does a Sportsbet bonus bet work?

When you place a bet using a bonus bet the winnings are calculated differently to a cash bet. A bet placed with a Sportsbet bonus bet will pay out the winnings minus the bonus bet stake. For example, if you placed a $20 bonus bet at odds of $10 your winnings would be $180.

Final Thoughts on Sportsbet

sportsbook final

Overall, we are not making any headlines by telling you that Sportsbet is one of, if not the most popular bookie in Australia. They ensure that their platform is both aesthetically pleasing and usable for their customers, to ensure that their account holders can place bets with ease.

As well as that, Sportsbet offers a unique array of features that keep their audience engaged, including the new ‘Bet With Mates’ feature which allows users to create a group together, place their bets, and share the moment. 

Sportsbet also offers the ability to watch live sports through their app, which allows their users to stay engaged with their bet after they have confirmed it in their bet slip. As their promotions and bonuses have been lacking in recent years, Sportsbet have found new ways to innovate features such as these. 

With almost 20% of the market share amongst Australian bookies, Sportsbet is undeniably one of the most popular betting agencies in the country, and their innovative features and engaging social media presence will continue to keep them amongst the top echelon of bookkeepers for some time.

*Terms & Conditions apply to all sports bonus offers. Please visit the operator's website for details.

Terms Icon

Please visit: https://responsiblegambling.sportsbet.com.au/hc/en-us for all the important information about responsible gambling.

  • Bonus
  • Features
  • Online Betting
  • App Betting

Bonus: Various bonus bets back specials

Terms Icon

Please visit: https://responsiblegambling.sportsbet.com.au/hc/en-us for all the important information about responsible gambling.

Terms & Conditions Apply

Daily Racing Specials - Check Each Day!

  • Biggest name in the Australian market
  • Easy bet live functionality
  • Unique specials for both racing & sports

Bonus: Various bonus bets back specials

Terms Icon
Terms & Conditions Apply

Please visit: https://responsiblegambling.sportsbet.com.au/hc/en-us for all the important information about responsible gambling.