Overall Rating 9 / 10 8 / 10
Full Review Review Review
Current Sign Up Promotions Make a deposit of $20 or more and you will be entitled to a 100% bonus on your qualifying deposit up to a maximum of $200. Go to the homepage and click on 'Open Account Offer' to learn more. I'm aware of the promotion code BTE111 to get a £25 free bet, but I'm not sure if it applies to Australian residents.
Headquarters UK UK
License Gibraltar UK
Agency Type Bookmaker Exchange
Company Size / Miscellaneous Details Huge, with over 4 million customers in 200 different countries. bet365 employs over 1,000 people Huge, with over 2 million clients
Betting Options Sports, racing, poker, casino Sports, racing, poker, casino
Sports Betting Selection Excellent Excellent
Live Betting (for Australians) Online By phone
Minimum Bet (AUD) $0.25 $5.00
Regular Turnover Requirements None, however "if the value of a deposit is not played through in full before a withdrawal is requested, bet365 reserve the right to make a charge to the customers account to cover all reasonable costs relating to both the deposit and withdrawal." None that I'm aware of
Bonus Credit Turnover Requirements 3x-5x @ 1.50+ odds, depending on the promotion None that I'm aware of
Deposit Options (for Australia) Debit card, credit card, Moneybookers, POLi, Ukcash, Entropay, wire transfer, bank transfer, cheque Credit card, POLi, BPAY, bank transfer, credit union transfer, NETeller, Moneybookers
Withdrawal Options (for Australia) Debit card, credit card, Moneybookers, wire transfer, bank transfer, cheque Bank transfer, credit union transfer, NETeller, Moneybookers
Deposit / Withdrawal Fees None for most payment methods, however "if the value of a deposit is not played through in full before a withdrawal is requested, bet365 reserve the right to make a charge to the customers account to cover all reasonable costs relating to both the deposit and withdrawal." 1.5% for credit card deposits, free otherwise
Currencies Offered ARS, AUD, BGN, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HKD, HUF, INR, ISK, JPY, MYR, MXN, NOK, NZD, PLN, RMB, RON, SEK, SGD, THB, TWD, USD, ZAR AUD, CAD, DKK, EUR, GBP, HKD, NOK, SEK, SGD, USD
Credit Facilities No No
Suitable for Beginners? Yes No
A Must Have for Die-hards? Yes Yes
Upsides
  • Great range of betting options
  • Live online betting features are fantastic
  • Online live video streams
  • Low minimum bet of $0.25
  • Fantastic range of betting options
  • You can bet for and against outcomes
  • They often offer the best odds, even when transaction fees are accounted for
Downsides
  • Harsh turnover requirements for bonus funds (due to the 1.50+ odds requirement)
  • While it looks great, the Flash interface can sometimes be slow to display. It also gives you less control over your browsing experience.
  • High minimum bet of AUD $5
  • Complicated transaction fee system
  • Dual "wallet" system for Australian customers
  • Lack of market depth on less popular events.
Bottom Line bet365 is a great bookmaker. They offer a tremendous range of sports, racing, poker and casino games, and the live video feeds is a great feature. bet365 is an excellent choice for punters who are looking for a variety of gambling options. Betfair takes much longer to learn than its competitors, but it's betting options are unparalleled. If you are new to betting and simply want the ability to pick winners for sports events, I would recommend a standard bookmaker like Sportsbet. If, however, you already have a few betting accounts and are looking for more exposure to sports betting, I highly recommend you add Betfair to your portfolio of memberships.