LUXBET REVIEW

In December 2017, The Tabcorp-backed online bookmaking brand Luxbet closed its doors. No official reason was given for the decision to shut down, however, it is likely that Tabcorp is concentrating on their more popular TAB brand. Since its inception, Luxbet offered great value to recreational and astute punters alike. They offered some highly competitive bonus bets to welcome new members and reward loyal ones. They were also the first betting agency to introduce the Best of the Best betting product. Bettors looking for a bonus with Luxbet, should view the list of free bets available from other Australian betting sites.

REASONS TO JOIN LUXBET

  • Best range of racing betting products
  • $150 bonus when opening a new account
  • BOB on Saturday race meets
  • Best Tote Exotics
  • Bonuses on offer for Group 1 races
  • Betting promotions every week
  • Regular Money Back Deals
  • RACING BET TYPES

    Luxbet offer the best value betting products for serious racegoers. Their availability of BOB betting is second to none, meaning that you can maximise your winning dividends with this bet type. In addition, they offer all of the exotic betting options available with the TAB. Bookie Guide highly recommends Luxbet for regular racing punters.

    Horse racing bet types offered by Luxbet

    Find out more about BET TYPES
    Win Bet Types BOB (Best of the Best),  Top Fluc,  Better Div,  Fixed,  Best of 2 totes,  Mid tote,  Home tote + 5%,
       
    Exotic Bet Types Exacta,  all Quinellas,  all Trifectas,  First 4,  Flexi Bets,  Daily Doubles,  Quaddies,  Big 6

    SPORTS BET TYPES

    Luxbet fields markets on a large number of sports and offers Single Fixed, Margin, and Line betting. They offer great value weekly promotions to their existing customers, the oft neglected when it comes to promotions. Patient punters can afford to sit back and wait for the right promotion on their chosen sport.

    Luxbet’s sports wagering products

    Sports Bet Types Single Fixed,  Margin Betting,  Line Betting,  Fixed,  Multi Bets,  Live Betting
       
    Mobile Betting Luxbet operates a mobile site and provides apps for iPad, iPhone and Android users
       
    Live Betting Australian punters are only able to bet live over the telephone. However, Luxbet cover lots of events catering to both its Australian and international customers.

    ACCOUNT & OPERATION DETAILS

    Deposit Options Visa, Mastercard, BPAY POLi, Bank Transfer
    Withdrawal Options Bank Transfer
    Withdrawal Requirements If initial deposit made by Credit Card, card must be photocopied within 90 days of sign up
    Transaction Fees None
    Identity Check Yes
    Minimum Deposit None
    Minimum Bet $1
    Minimum Phone Bet $20
    Maximum Payout The maximum amount that may be paid out on any wager win via the telephone or Internet (both singles and multiples) is AUD$150,000, subject to specific bet type
    Forbidden Jurisdictions USA, Netherlands, Hong Kong, Germany, Turkey, Denmark, France, Hungary, US Virgin Islands, Dutch Antilles
    Languages English
    Currencies AUD, EUR, GBD, USD
    Odds formats Decimal
    Turnover Requirements Deposits made using Credit Card must be turned over at least once (1x)
    Free Bet Turnover Requirements At least once (1x) for amounts <$300
    At least twice (2x) for amounts >$300
    Mobile Site Yes
    Live Betting Telephone only. 
    Credit Facilities Available on application. Minimum facility is $250.