Sportsbet Review

Overview

Online since 1999, Sportsbet is one of the country’s biggest and most successful bookmakers. The story of the now iconic brand, however, started five years earlier as a small offline bookie serving the local neighbourhood.

On the wave of the booming online betting industry, the business caught the eye of Matt Tripp, who acquired it for $250,000 in 2005, marking the new era for the company, which was on the verge of bankruptcy at that time. Within a short period, he turned it into a powerhouse and sold it to Irish gambling giant Paddy Power in December 2010.

Since February 2016, Sportsbet has been owned by Flutter Entertainment, created as a result of a spectacular merger between Paddy Power and Betfair. Today, it is among the leaders in the market, staying true to its original focus on sports betting, without adding casino games or other types of online entertainment.

The innovative platform covers the widest range of sports and markets, letting punters take advantage of great and early fixed odds and a variety of advanced features. All registered customers can also make the most of their play using bonus bets, bet returns, and other promotions.

Bet With Mates is one of the great extras that help take the betting experience to the next level. The feature allows players to create a group (two or more people), pool their funds, and bet on behalf of the group. Since the operator takes care of everything, including all the math and calculations, you just need to gather your mates and the fun can start.

The cool thing is, every group member can place bets independently on any event and at any time, and nobody is locked in, being able to leave with their share whenever they want. As for setting the buy-in amount and determining when account top-ups are needed, the group admin is in charge of these details.

Apart from being a safe and secure betting website, the brand is also a responsible bookmaker that provides its customers with all the necessary tools for controlling their activities. By the way, Sportsbet has always invested in responsible gaming, highlighting it as a priority and something which is an inseparable part of authentic sports betting.

Should you feel the need to have better control over your pastime, do not hesitate to set a deposit limit, take a break, or use another tool available at your disposal. In addition to that, you can enhance your experience with the platform’s time management diary and budget calculator.

Tip: Unless specified otherwise, each bonus bet can be split a maximum of 10 times.

Bonuses and Promotions

The online gaming industry is one of the most rapidly evolving out there; therefore, everything, including bonuses and promotions, is subject to constant changes.

Bonuses at Sportsbet come in abundance, but it does not make sense to go into detail on deals available at the platform at the time of writing this review. Instead, you can always take advantage of the latest information on the available bonuses we regularly update on top of this page.

Still, below you can find answers to some questions given to help you get an idea about the website’s promotions.

• Is there a welcome offer, and are there specific deposit requirements to claim it?

New players are typically greeted with a welcome bonus, however, Sportsbet does not offer any promotions upon signing up and creating an account.

On the bright side, once you become a member and subscribe to marketing, you’ll be eligible to receive offers from the website’s marketing team.

• Are Bonus Bets ever offered?

Yes, players have various opportunities to take advantage of bonus bets that are typically provided as weekly specials. To see if you have any bonus bets available, you will need to click on your balance in the top right corner.

• Does Sportsbet have a refer-a-friend program?

No, there are no promotions offered for referring a friend to sign up with Sportsbet.

• Are the playthrough requirements generally low or high, and do they vary based on the promotion type?

The great news is that some bonuses do not have playthrough requirements at all, but, of course, it all depends on the particular offer. Therefore, always read the terms and conditions attached to the promotion you want to claim.

• What other promotions are available at Sportsbet?

The platform offers Power Plays, special tokens that allow punters to increase their odds on racing, sports, or multi-bet markets. Keep in mind that when choosing to use a Power Play, your bet will not be eligible for a bet return, nor will you be able to use a Power Play if you used a bonus bet stake on your bet.

In addition to that, players can take advantage of Bet Returns that give them the chance to have their stake returned in bonus bets depending on the outcome of the bet. Bet returns are available on both racing and sporting markets. The eligibility criteria to receive a bet return may vary across different markets.

Another great feature available at this online sportsbook is Power Price. It is pumped-up odds that Sportsbet has dedicated and offered specifically to the player’s account to help boost their winnings. These deals are applicable to specific markets only and may differ across customers’ accounts.

Just a heads up, Power Prices are provided as a first-in in best-dressed scenario, this means once the maximum number of bets have been placed, the Powered Price will be taken down and will no longer be available on site.

• Are there any time limits or restrictions for using the bonuses or features?

More often than not, bonuses are subject to certain limitations that may vary greatly depending on different factors such as bonus type, value, etc.

Unless stated otherwise, all promotions and bonus bets provided by this gambling platform should be used within a specific timeframe and on specific markets, while other rules can be seen in the terms and conditions attached to every offer.

Banking Deposit/Withdrawal

Sportsbet offers a decent selection of payment methods to cater directly to the needs of its target audience.

Punters with fully verified accounts can also order themselves a Sportsbet Cash Card, a physical card linked to their account that lets customers access their winnings instantly, purchase various items online, in-store, and anywhere MasterCard is accepted. The card issue is free.

Here are some key points to keep in mind regarding banking and payments at this sports betting platform:

• Only customers with fully verified accounts can deposit, withdraw, or make any other transactions.
• The sportsbook reserves the right to request additional information to further verify a player’s identity, income or assets, source of funds (including origin or funds), and/or financial position.
• Sportsbet may, at its sole discretion, require a player to return the value of his/her deposit back to the original funding method.
• To make a withdrawal, deposits have to be turned over at least once in full.
• The company retains the right to limit the total winnings on any bet type on a single event/selection or on multiple bets that include at least one of the same selection to $1 million.
• In case of tote-based bets, the sportsbook reserves the right to limit the maximum winnings payable to the total size of the relevant tote pool for the respective bet.

Featured Sports

As already mentioned, Sportsbet is a big-name brand that covers hundreds of betting markets, catering to all tastes and preferences. In short, it is easy to root for your local team or to follow popular events on the other side of the world when you have an account with this online gambling platform.

Featured Sports: American Football, Tennis, Cricket, Formula 1, Surfing, Rugby, Golf, Basketball, Soccer, Handball, Cycling, Snooker, UFC-MMA, Ice Hockey, Volleyball, Motor Racing, Boxing, Darts, and more.

Esports: Dota 2, Call of Duty, e-Soccer, Galaxy Battle, Valorant, League of Legends, e-Basketball.

Crypto Info

This online sportsbook does not accept cryptocurrencies.

Loyalty Program

At the time of writing this review, Sportsbet did not offer any loyalty program.

How to Register at Sportsbet

Registering with Sportsbet is quick and easy; however, be ready to provide your ID before you can create an account and bet on your favorite sport or e-sport.

Click the Join Now button at the top right of the screen and fill out the short form, providing your full name, date of birth, country of residence, physical address, mobile phone number, and email. You will also need to create a username and a password.

Then, you will see the Confirm Your Details window with a message that “your personal details must match your ID or you will not be able to bet”. You will have two options: to edit your details or to confirm that they match your ID. The next step is to provide your passport, driver's license, or Medicare, so your account can be created.