Sportsbet Expert Review: Australia's Top Bookie

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OVERALL RATING:
4.3/5
Luke Jones
Luke Jones

Last Updated: 2024-08-02

Ziv Chen

10 minutes read

Sportsbet.io
Licenses: Curaçao
Unavailable in your country
  • Competitive odds
  • International reputation
  • Excellent eSports betting
  • Payment Methods
    Tether LogoEthereum LogoLitecoin LogoCardano LogoBinance Coin LogoPolygon LogoToncoin LogoTRON Logo

    If you’re keen to improve the quality of your online betting activities today, we’re pleased you’ve come to read this detailed Sportsbet review. Our Sportsbet betting review showcases why this brand has been making waves since 2016. Sportsbet’s expansion and popularity growth since then has been extraordinary, and this is no accident.

    Today, with its betting services covering 40+ sports combined with its advanced crypto-gaming casino, Sportsbet is an all-around online gambling heavyweight. Whether live betting, creating unique parlays, cashing out wagers, or exploring futures, you’ll find quality and excitement at every turn with this sportsbook!

    Sportsboom Event Table Logo
    OVERALL RATING
    4.3/5
    Promotions & VIP
    3.9/5
    Odds & Markets
    4.1/5
    Mobile
    4/5
    Customer Service
    5/5
    Deposit & Withdrawal
    4.5/5
  • Coverage of 40+ sports
  • 30,000+ pre-match markets monthly
  • 10+ crypto payment options
  • Lack of phone support
  • No sports welcome bonus
  • Sportsbet Key Features

    Esports Betting Feature Logo Esports Betting
    Bet Builder Feature Logo Bet Builder
    Casino Games Feature Logo Casino Games
    Live Casino Games Feature Logo Live Casino Games
    Poker Feature Logo Poker
    Mobile App Feature Logo Mobile App
    24/7 Support Feature Logo 24/7 Support
    VIP Program Feature Logo VIP Program
    Ongoing Promotions Feature Logo Ongoing Promotions
    Live Streaming Feature Logo Live Streaming
    Partial Cash Out Feature Logo Partial Cash Out
    Deposit Bonus Feature Logo Deposit Bonus

    While there is currently no Sportsbet welcome bonus for new users, this site provides a premium betting experience through diverse eSports betting markets, bet builder options, and VIP program incentives. Such features take you from sitting on the sidelines and immerse you in the betting action—and we haven’t even got to the sports, markets, and odds yet!

    A Comprehensive Sportsbet Review of Bonus Offers

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    Promotions & VIP
    3.9/5

    As mentioned earlier in this Sportsbet review, there isn’t a welcome bonus on the table at this site. Naturally, this is disappointing for some bettors, yet the good news is that Sportsbet has a great selection of reload offers to compensate. For clarity, this describes any bonuses that you can claim as an existing customer.

    Let’s examine some of the more popular sports betting bonuses offered at Sportsbet right now.

    welcome bonus.jpg

    Image for sportsbet promotions

    MLB Cashback: Up to 20%

    Sportsbet is paying special attention to baseball action with a cashback incentive for all who wager on regular season games. As you can see, this bonus promises up to 20% back for bets of 2,500 USDT or more. For smaller bets, the cashback is set at 10% and 15%, which relates to wagers that don’t win.

    Bet X Receive Y

    If this isn’t your first rodeo, you might be familiar with this style of sports betting bonus! Essentially, Sportsbet picks certain events and tournaments on a rolling basis and promises a free bet if you meet certain thresholds. For example, during the 2024 Paris Olympics, the incentive is a 10 USDT free bet following a 30 USDT wager.

    Daily Dash Points

    With Sportsbet, points really can mean prizes, thanks to the daily dash promotions. This incentive relates to qualifying wagers of certain values (a minimum of 50 USDT in most cases). As you hit the requirements, you receive points that ultimately lead to rewards like free bets and even cash!

    Extensive Guide to Sportsbet Sports Betting Markets

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    Odds & Markets
    4.1/5

    Sportsbet offers online betting markets for 40+ sports. This selection is pretty impressive and definitely guarantees diversity for your betting options.

    As for the specific sports, the more high-profile events are typically found for soccer, basketball, baseball, hockey, tennis, and American football. This isn’t entirely surprising when you consider that these sports host some of the most significant leagues in the world. And if you look at betting on these sports, it’s common to see 100+ pre-match options.

    This range covers options like moneyline, handicaps, over/unders, player props, and various specials. As for the full lineup of sports, please see the following list:

    Alpine SkiingField HockeyRugby
    American FootballFloorballRugby Union
    Australian FootballFootballSki Jumping
    BaseballFormula 1Snooker
    BasketballGreyhoundsSpecial Bets
    BoxingHandballSwimming
    CricketHorse RacingTable Tennis
    CyclingIce HockeyTennis
    DartsMMAUS Sports
    EntertainmentMotor SportsVolleyball

    Mobile Experience

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    Mobile
    4/5

    Sportsbet boasts a dedicated mobile app for Android and iOS. You can download this app directly from the Sportsbet platform. In fact, this is your only option for installing the app, as neither is listed in its respective app store (Google Play or Apple). For that reason, the app has no official rating.

    However, once you download and use the app, you’ll soon realize just how effective it is for seamless mobile betting. In our experience, the app offers high-quality and user-friendly tools such as betting market filters, customized sports listings, and easy-to-apply multi-builders. As for its offerings from a broader angle, the app provides pre-match and live betting, cashouts, access to bonuses, and more. 

    Customer Service

    Sportsboom Event Table Logo
    Customer Service
    5/5

    If you wish to speak with the customer service team at Sportsbet, you can do so at any time. Sportsbet offers 24/7 support services via on-site live chat and social media messaging systems. There is also an email response team, although that’s not quite as speedy and direct as instant messaging.

    In addition to these options, both casino players and sports betting customers can access the help center. This section has a ton of frequently asked questions and answers to common queries, including payments, account settings, bonuses, and more.

    Deposit & Withdrawal Options at Sportsbet (Updated 2024)

    Sportsboom Event Table Logo
    Deposit & Withdrawal
    4.5/5

    One of the main competitive advantages Sportsbet has over other sportsbooks is its focus on crypto-based betting. Essentially, this focus enables a certain degree of anonymity for all who place wagers on the platform. But the whole crypto angle comes with a range of benefits, like instant transaction speeds, high maximum limits, and more. 

    As for the payment methods supported for Sportsbet deposits and withdrawals, we’ve listed these in the following table:

    Payment Methods

    Payment ProviderFeeProcess TimeMinimum DepositDepositWithdrawal
    Sportsbook payment method
    NoneInstant0.000007
    Tether Logo
    NoInstant0.25
    Ethereum Logo
    NoInstant0.00013
    Litecoin Logo
    NoInstant0.002
    Sportsbook payment method
    NoInstant0.31

    Supported Currencies

    With more than 10 crypto payments available, it’s fair to say that cryptocurrency is the primary ‘currency’ at Sportsbet. That said, each crypto has its own native token that serves as the official currency. You’ll need to connect a live crypto wallet to use the various supported methods. 

    However, as you’ll see with other Sportsbet reviews, some members prefer to buy cryptos on the platform using Fiat methods. This is supported through the main payments section. Yet, when it comes to Sportsbet withdrawals, you can process withdrawals through both cryptocurrencies and Fiat, such as CAD, EUR, BRL, JPY, and others.

    Currencies

    SymbolNameCode
    BitcoinBTC
    EuroEuro
    $Canadian DollarCAD
    R$Brazilian RealBRL
    ¥Japanese YenJPY

    Sportsbet Review: Pros and cons

    Pros

  • Coverage of 40+ sports

  • 30,000+ pre-match markets monthly

  • 10+ crypto payment options

  • Native app for iOS and Android

  • Cons

  • Lack of phone support

  • No sports welcome bonus

  • Step-by-Step Guide to Sportsbet Registration

    If you take the plunge and join Sportsbet after reading this review, you should know that you can get set up within minutes. Let us break the sign-up process down to keep things as clear as possible:

    1.    Click the links in this Sportsbet review to head to the homepage. Once there, hit the green “Sign Up” button to start the registration process. 

    Guide to Sportsbet Registration 1.jpg

    Guide to Sportsbet Registration Step 1

    2.    Create a username and input your email address. Then, provide Sportsbet with personal information like your date of birth and phone number. Create a secure password and agree to the terms and conditions to finalize the registration process. Alternatively, you can create an account using your Telegram or Google account. 

    Guide to Sportsbet Registration 2.jpg

    Guide to Sportsbet Registration Step 2

    3.    Sportsbet will send a verification link to your email address. Click the link in Sportsbet’s email to verify your email address.  

    Guide to Sportsbet Registration 3.jpg

    Guide to Sportsbet Registration Step 3

    4.    Now it’s time to log into your account and make a deposit! Hit the green “Deposit” button to fund your account. 

    Guide to Sportsbet Registration 4.jpg

    Guide to Sportsbet Registration Step 4

    Live Betting on Sportsbet: Wager on Games as They Happen

    Live betting is a major part of Sportsbet’s offerings. In fact, while completing this Sportsbet review, we discovered some form of in-play offerings for pretty much every sport covered in the pre-match section. 

    Sportsbet regularly creates 20+ in-play markets for standard sports on the site, yet it can come up with 50+ live markets for top sports like soccer, basketball, American football, and others. Many of these options cover the following:

    ●    Moneyline
    ●    Props
    ●    Over / unders
    ●    Interval bets
    ●    Round-by-round / quarter-by-quarter bets

    Is Sportsbet Safe & Legit? 

    Although we’ve shown throughout this Sportsbet review that this platform has plenty to offer, safety concerns may still be at the front of your mind. With that said, we can put your mind at ease fairly quickly by stating that Sportsbet is a licensed and regulated site - as licensed by Curaçao eGaming.

    Additionally, the site is owned and managed by mBet Solutions NV - a legitimate company based in Curacao. Lastly, the site utilizes the latest SSL encryption tools to protect your personal and financial data. Therefore, all signs point to a ‘yes’ to answer any legitimacy concerns for Sportsbet.

    Sportsbet Reviews Exploring Security Measures

    Security measures are closely linked with safety concerns and legitimacy questions for any betting brand. We’ve touched on a few of these above. But to take matters further, you should know that Sportsbet takes security seriously in many ways. The platform offers a range of responsible gambling tools you can use to stay in control, and the site has a designated KYC process to verify all new users.

    In addition, the site uses SSL encryption software to shield data and activities when you connect external crypto wallets, share personal details, place wagers, and more.

    Review Conclusion

    With over 30,000+ pre-match markets offered across 40+ sports each month, Sportsbet is an extensive betting platform that radiates quality. With multiple products available for sports betting and casino gaming, as well as designated bonuses and VIP schemes for these products, the added value is obvious. 

    To capitalize on what you’ve read in our Sportsbet review, visit the site and register using the links on this page for a real taste of the action!

    Responsible Betting

    This detailed Sportsbet review aims to give you a comprehensive insight into what this platform has available. However, this does not overshadow the importance of using Sportsbet responsibly should you ultimately sign up. This means managing deposits, controlling wager sizes, and staying in control of your betting habits.

    We encourage you to follow such concepts, among others, to keep things fun while avoiding any issues related to problem gambling.

    FAQs

    Which countries are restricted on Sportsbet?

    We’ve focused our efforts on the Sportsbet Canada site for this review to give you information that is accurate on a broad scale. But outside of Canada, Sportsbet is restricted concerning several high-profile nations like Australia, the USA, the UK, Germany, and France, among others.

    Who owns Sportsbet?

    The individual owner of Sportsbet is mBet Solutions NV, a company registered in Curacao. However, this company is part of a much larger organization that operates globally, and this company is the Yolo Group.