Best Online Sportsbooks in Australia 2023

If you’re looking for the best online sportsbooks in Australia for 2023, you’ve come to the right place. We’ve reviewed and compared the top eight Australian betting sites based on their features, markets, odds, promotions and more. Whether you’re into cricket, rugby, soccer, tennis or any other sport, you’ll find a bookie that suits your needs and preferences.

How We Ranked the Best Betting Sites in Australia

To rank the best betting sites in Australia, we used the following criteria:

• Licence and reputation: We only included bookies that are licensed and regulated by reputable authorities such as the Northern Territory Racing Commission or the South Australian Gambling Authority. We also checked their online reviews and ratings to ensure they have a good reputation among punters.

• Sports coverage and variety: We looked for bookies that offer a wide range of sports and markets to bet on, including popular Australian sports such as AFL, NRL, cricket and horse racing. We also considered the depth and diversity of their betting options, such as props, parlays, futures and live betting.

• Odds and payouts: We compared the odds and payouts of different bookies to see which ones offer the best value for money. We also checked their margins, limits and withdrawal times to ensure they are fair and fast.

• Bonuses and promotions: We evaluated the bonuses and promotions that each bookie offers to new and existing customers. We looked for generous welcome offers, free bets, odds boosts, cashback deals and loyalty programs.

• Customer service and support: We tested the customer service and support of each bookie by contacting them via live chat, email or phone. We assessed their response time, friendliness, professionalism and helpfulness.

• Website and app usability: We reviewed the website and app design of each bookie to see how easy and convenient they are to use. We looked for user-friendly features such as search functions, filters, bet slips, statistics and live streaming.

Top 7 Best Betting Sites in Australia for 2023

Based on our criteria, here are the top eight best betting sites in Australia for 2023:

Betfair Australia Review

Betfair Australia is the only licensed betting exchange in the country, which means that you can bet against other punters instead of a bookmaker. This gives you more control, flexibility and value for your bets, as you can set your own odds, back and lay outcomes, and trade in and out of positions.

Betfair Australia has been operating since 2005 and has over three million customers worldwide. It is regulated by the Northern Territory Racing Commission and has a reputation for being reliable, secure and fair.

Some of the advantages of using Betfair Australia are:

• You can get better odds than most bookmakers, as the average margin on the exchange is only 2% compared to 5-10% on traditional sportsbooks.
• You can bet on a wide range of sports and markets, including popular Australian sports such as AFL, NRL, cricket and horse racing. You can also bet on politics, entertainment, esports and more.
• You can bet live on most events and watch them via live streaming on the website or app.
• You can take advantage of various promotions and offers, such as a A$10 rebate on parlays where only one leg loses, odds boost tokens, deposit match bonuses and more.
• You can learn how to use the exchange effectively by accessing The Hub, where you can find guides, tutorials, tips and strategies for all levels of punters.

Some of the drawbacks of using Betfair Australia are:

• You may need some time to get used to the exchange format and interface, especially if you are new to this style of betting.
• You may not find enough liquidity or volume on some markets or events, which means that you may not be able to match your bets with other punters at your desired odds.
• You may have to pay a commission fee on your net winnings, which varies depending on your activity level and Betfair Points.

Overall, Betfair Australia is a great option for punters who want to have more control over their bets and get better value for their money. It is also a must-have for anyone who wants to try trading or arbitrage betting.

Bet365 Australia Review

Bet365 Australia is one of the largest and most trusted online sports betting sites in the world. Bet365 launched in Australia in 2012 and has grown to be one of the most popular sports betting sites among serious Australian punters thanks to their excellent range of markets, competitive odds and comprehensive live in-play stats.

Bet365 Australia is licensed and regulated by the Northern Territory Racing Commission and has a reputation for being reliable, secure and fair.

Some of the advantages of using Bet365 Australia are:

• You can bet on a wide range of sports and markets, including popular Australian sports such as AFL, NRL, cricket and horse racing. You can also bet on politics, entertainment, esports and more.
• You can bet live on most events and watch them via live streaming on the website or app. Bet365 offers the best live betting app in Australia with over 780,000 events being live video-streamed annually to 90 million registered customers.
• You can take advantage of various bonuses and promotions, such as up to A$100 in bet credits for new customers, parlay bonuses, early payouts and more.
• You can access a variety of features and tools to enhance your betting experience, such as statistics, predictions, cash out, edit bet, bet builder and more.

Some of the drawbacks of using Bet365 Australia are:

• You may need to verify your identity and payment method before you can withdraw your winnings, which can take some time and hassle.
• You may have to pay a fee for some deposit and withdrawal methods, such as credit cards or bank transfers.
• You may have to deal with some restrictions or limitations on your bets or account if you are a consistent winner or a high roller.

Overall, Bet365 Australia is a great option for punters who want to have access to a huge range of sports and markets and enjoy live betting and streaming. It is also a must-have for anyone who wants to try multi betting or bet builder.

Neds Australia Review

Neds Australia is one of the newest bookies on the Australian online betting market that focuses mostly on horse racing. Neds launched in 2017 and has quickly gained a loyal following of punters who appreciate their innovative betting tools, 24/7 customer service and quality range of worldwide betting markets.

Neds Australia is licensed and regulated by the Northern Territory Racing Commission and has a reputation for being safe, secure and fair.

Some of the advantages of using Neds Australia are:

• You can bet on a wide range of horse racing events and markets, including local and international races, futures, exotics and more. You can also access live racing streams, form guides, tips and news.
• You can bet on other sports and markets, including popular Australian sports such as AFL, NRL, cricket and soccer. You can also bet on politics, entertainment, esports and more.
• You can take advantage of various bonuses and promotions, such as up to A$100 in bonus bets for new customers, odds boost tokens, multi builder and more.
• You can access a variety of features and tools to enhance your betting experience, such as Neds Toolbox, Neds Card, Neds Punters Toolbox and more.

Some of the drawbacks of using Neds Australia are:

• You may need to verify your identity and payment method before you can withdraw your winnings, which can take some time and hassle.
• You may have to pay a fee for some deposit and withdrawal methods, such as credit cards or bank transfers.
• You may have to deal with some restrictions or limitations on your bets or account if you are a consistent winner or a high roller.

Overall, Neds Australia is a great option for punters who love horse racing and want to try some innovative betting features. It is also a decent option for anyone who wants to bet on other sports and markets.

Palmerbet Australia Review

Palmerbet Australia is one of the few truly Australian-owned bookies that has been operating since 2013. Palmerbet is a family-owned business that has its roots in on-course bookmaking at Sydney racecourses. Palmerbet offers a solid product for both racing and sports betting enthusiasts.

Palmerbet Australia is licensed and regulated by the New South Wales Office of Liquor, Gaming and Racing and has a reputation for being honest, secure and fair.

Some of the advantages of using Palmerbet Australia are:

• You can bet on a wide range of racing events and markets, including local and international races, futures, exotics and more. You can also access full form guides, tips and news.
• You can bet on other sports and markets, including popular Australian sports such as AFL, NRL, cricket and soccer. You can also bet on politics, entertainment, esports and more.
• You can take advantage of various bonuses and promotions, such as up to A$250 in bonus bets for new customers, parlay bonuses, early payouts and more.
• You can access a variety of features and tools to enhance your betting experience, such as multi builder, cash out, blog and more.

Some of the drawbacks of using Palmerbet Australia are:

• You may need to verify your identity and payment method before you can withdraw your winnings, which can take some time and hassle.
• You may have to pay a fee for some deposit and withdrawal methods, such as credit cards or bank transfers.
• You may have to deal with some restrictions or limitations on your bets or account if you are a consistent winner or a high roller.

Overall, Palmerbet Australia is a great option for punters who love racing and want to support a local Aussie bookie. It is also a decent option for anyone who wants to bet on other sports and markets.

Sportsbet.com.au Review

Sportsbet.com.au is one of the oldest and most popular online sports betting sites in Australia. Sportsbet was established in 1993 and has been online since 1998. It is owned by Flutter Entertainment, a global gambling giant that also owns Paddy Power, Betfair and FanDuel.

Sportsbet.com.au is licensed and regulated by the Northern Territory Racing Commission and has a reputation for being reliable, secure and fair.

Some of the advantages of using Sportsbet.com.au are:

• You can bet on a wide range of sports and markets, including popular Australian sports such as AFL, NRL, cricket and horse racing. You can also bet on politics, entertainment, esports and more.
• You can bet live on most events and watch them via live streaming on the website or app. Sportsbet offers over 1000 live events every week across various sports and racing codes.
• You can take advantage of various bonuses and promotions, such as up to A$100 in bonus bets for new customers, parlay bonuses, early payouts and more.
• You can access a variety of features and tools to enhance your betting experience, such as same game/race multis, cash out, power play, blog and more.

Some of the drawbacks of using Sportsbet.com.au are:

• You may need to verify your identity and payment method before you can withdraw your winnings, which can take some time and hassle.
• You may have to pay a fee for some deposit and withdrawal methods, such as credit cards or bank transfers.
• You may have to deal with some restrictions or limitations on your bets or account if you are a consistent winner or a high roller.

Overall, Sportsbet.com.au is a great option for punters who want to have access to a huge range of sports and markets and enjoy live betting and streaming. It is also a must-have for anyone who wants to try same game/race multis or power play.

Ladbrokes Australia Review

Ladbrokes Australia is one of the most established and trusted online sports betting sites in Australia. Ladbrokes is a global gambling giant that has been operating since 1886 and has been online since 1999. It launched in Australia in 2013 and has been offering customers a quality betting service ever since.

Ladbrokes Australia is licensed and regulated by the Northern Territory Racing Commission and has a reputation for being reliable, secure and fair.

Some of the advantages of using Ladbrokes Australia are:

• You can bet on a wide range of sports and markets, including popular Australian sports such as AFL, NRL, cricket and horse racing. You can also bet on politics, entertainment, esports and more.
• You can bet live on most events and watch them via live streaming on the website or app. Ladbrokes offers over 1000 live events every week across various sports and racing codes.
• You can take advantage of various bonuses and promotions, such as up to A$100 in bonus bets for new customers, parlay bonuses, early payouts and more.
• You can access a variety of features and tools to enhance your betting experience, such as same game/race multis, cash out, power play, blog and more.

Some of the drawbacks of using Ladbrokes Australia are:

• You may need to verify your identity and payment method before you can withdraw your winnings, which can take some time and hassle.
• You may have to pay a fee for some deposit and withdrawal methods, such as credit cards or bank transfers.
• You may have to deal with some restrictions or limitations on your bets or account if you are a consistent winner or a high roller.

Overall, Ladbrokes Australia is a great option for punters who want to have access to a huge range of sports and markets and enjoy live betting and streaming. It is also a must-have for anyone who wants to try same game/race multis or power play.

BetMGM Australia Review

BetMGM Australia is one of the newest and most exciting online sports betting sites in Australia. BetMGM is a global gambling giant that has been operating since 2018 and has been online since 2019. It launched in Australia in 2023 and has been offering customers a quality betting service ever since.

BetMGM Australia is licensed and regulated by the Australian Communications and Media Authority and has a reputation for being reliable, secure and fair.

Some of the advantages of using BetMGM Australia are:

• You can bet on a wide range of sports and markets, including popular Australian sports such as AFL, NRL, cricket and horse racing. You can also bet on politics, entertainment, esports and more.
• You can bet live on most events and watch them via live streaming on the website or app. BetMGM offers over 1000 live events every week across various sports and racing codes.
• You can take advantage of various bonuses and promotions, such as up to A$1000 back if your first bet loses, parlay bonuses, early payouts and more.
• You can access a variety of features and tools to enhance your betting experience, such as same game/race multis, cash out, power play, blog and more.

Some of the drawbacks of using BetMGM Australia are:

• You may need to verify your identity and payment method before you can withdraw your winnings, which can take some time and hassle.
• You may have to pay a fee for some deposit and withdrawal methods, such as credit cards or bank transfers.
• You may have to deal with some restrictions or limitations on your bets or account if you are a consistent winner or a high roller.

Overall, BetMGM Australia is a great option for punters who want to have access to a huge range of sports and markets and enjoy live betting and streaming. It is also a must-have for anyone who wants to try same game/race multis or power play.

Conclusion

Australia is a great place for sports betting enthusiasts, as there are many online sportsbooks to choose from. However, not all of them are equally good in terms of features, markets, odds, promotions and more. That’s why we have reviewed and compared the eight best betting sites in Australia for 2023 to help you find the one that suits your needs and preferences.

Whether you’re into racing, football, cricket or any other sport, you’ll find a bookie that offers a wide range of bets, live betting and streaming, generous bonuses and promotions, user-friendly features and tools, and reliable customer service and support. You’ll also be able to bet safely and securely, as all of these bookies are licensed and regulated by reputable authorities.

So, what are you waiting for? Pick your favourite bookie from our list and start betting and winning today!

FAQ

Q: Is online sports betting legal in Australia?

A: Yes, online sports betting is legal in Australia as long as you use a licensed and regulated bookie. You must also be at least 18 years old to bet online.

Q: How do I choose the best betting site in Australia?

A: There are many factors to consider when choosing the best betting site in Australia, such as the sports coverage and variety, the odds and payouts, the bonuses and promotions, the customer service and support, the website and app usability, and the licence and security. You can use our reviews and ratings to compare the best bookies in Australia and find the one that meets your expectations.

Q: How do I sign up for an online sportsbook in Australia?

A: Signing up for an online sportsbook in Australia is easy and fast. You just need to visit the website or app of your chosen bookie and click on the register or join button. Then you need to fill out a simple form with your personal details such as name, email address, date of birth, phone number and address. You may also need to create a username and password and agree to the terms and conditions. After that, you can make your first deposit and claim your welcome bonus.

Q: How do I deposit and withdraw money from an online sportsbook in Australia?

A: Depositing and withdrawing money from an online sportsbook in Australia is convenient and secure. You can use various payment methods such as credit cards, debit cards, e-wallets, bank transfers, prepaid cards or cryptocurrencies. The exact options may vary depending on the bookie you use. You can check the cashier section of your bookie to see what methods are available and what fees or limits apply. Usually, deposits are instant or very fast, while withdrawals may take a few hours or days depending on the method you use.

Q: How do I bet on an online sportsbook in Australia?

A: Betting on an online sportsbook in Australia is simple and fun. You just need to log in to your account and browse through the sports and markets available. You can use filters or search functions to find your preferred events or bets. Once you find a bet you like, you can click on it to add it to your bet slip. Then you can enter your stake amount and confirm your bet. You can also place multiple bets or parlays by adding more selections to your bet slip. You can track your bets on your account history or on the live score section of your bookie.