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 promotions with Luxbet, should view the list of betting promotions available from other Australian betting sites.
REASONS TO JOIN LUXBET
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 LuxbetFind 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|
|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|
|Currencies||AUD, EUR, GBD, USD|
|Turnover Requirements||Deposits made using Credit Card must be turned over at least once (1x)|
|Live Betting||Telephone only.|