The following is an in-depth review of the betting agency RealDealBet. This review covers the history, features, interface, sports & racing markets, upsides and downsides of the service.
This review is part of our comprehensive Bookmaker Reviews section. The Betting Agencies page provides information and reviews for other sports betting agencies that are suitable for Australians. The following details are updated periodically to keep them up to date.
History, Location and Licence
RealDealBet was launched in 2015 and is officially endorsed by the former world champion boxer Evander Holyfield. One of Holyfield’s nicknames was “The Real Deal”, hence the brand name RealDealBet.
RealDealBet uses the SBTech sportsbook platform, which is the same underlying software and risk management system used by 10Bet. The company that owns the service is ZapZap Marketing Limited, which is based in Cyprus. The holding company, which all deposits are made out to, is Comfortlink NV, which is based in Curaçao. Bank transfers are made out to a Comfortlink N.V. account in Germany. The RealDealBet sportsbook is licensed in Curaçao.
The main drawcard of RealDealBet from an Australian perspective is its offering of live online betting.
Services and Features
|New member offers||Receive a 100% first deposit bonus (bonus credit, not bonus bet) up to $100 by following these steps:
1 – Sign up to RealDealBet and log in with your username and password
2 – Go to Deposit and choose your deposit method
3 – Deposit at least €20 or the currency equivalent
4 – Enter the code RDB100 in the bonus code box
The welcome bonus amount will be credited to your account once you have rolled over your deposit once.
|Deposit turnover requirements||A withdrawal fee might be imposed on your withdrawal transaction if the deposited funds have not been wagered at least 3 times.|
|Bonus credit turnover requirements||For Australian residents the deposit plus the bonus amount must be rolled over 8 times with odds of at least 1.60. The bonus must be rolled over within 90 days or the bonus amount and any associated winnings will be cancelled. Each bet can contribute up to 50% of the rollover requirements. For example, for a $100 bonus, the maximum each bet can contribute towards the rollover requirements is $50. So a bet of $100 contributes $50. Multiple bets placed on the same event and selection will be seen as bonus manipulation. For some strange reason, single bets placed on any type of handicap (except 3 Way Handicap), Forecast/Tricast or Over/Under markets do not contribute towards the turnover requirements.|
|Deposit options||For Australians: Visa, MasterCard, Skrill/Moneybookers (which supports POLi), Neteller, ecoPayz, bank transfer (EUR, GBP, AUD, SEK). When using an international bookmaker we recommend you use an e-wallet like Skrill/Moneybookers or Neteller.|
|Minimum deposit||€25 for bank transfer and EcoCard, €10 for all other deposit methods|
|Withdrawal options||Skrill (Moneybookers), Neteller, Visa, Mastercard, bank transfer (EUR, GBP, AUD, SEK).|
|Minimum withdrawal||€50 for bank transfer, €20 for credit card, €10 for Skrill and Neteller|
|Transaction fees||Credit/Debit Card and Bank Transfer payouts are charged an additional €5 fee if processed more than once per 30 days.|
|Currencies||AUD, VND, ZAR, TWD, RMB, PLN, EUR, GBP, HKD, SGD, USD, CAD, DKK, JPY, MYR, NOK, RUB, SEK, TRY|
|Languages||English, Italian, German, Russian, Swedish|
|Odds formats||American, Decimal, Fractional|
|Minimum withdrawal||€10 for Moneybookers/Skrill and Neteller, €20 for credit card and €50 for bank transfer|
|Maximum wager / payout||Winnings are capped at €50,000 (or currency equivalent) per day per member. Players can withdraw a maximum of €20,000 (or currency equivalent) from all available products collectively in a 30-day period.|
|Bookmaker margin||With the exception of football, the odds appear to be identical to 10Bet, which had an average margin of 6.0% in our latest bookmaker margin survey.|
|Credit facilities||None that we’re aware of|
|Forbidden Jurisdictions||Belgium, Bulgaria, Hungary, France, France (Metropolitan), French Guiana, Guernsey, Gibraltar, Ireland, Isle of Man, Jersey, Martinique, French Polynesia, Reunion, French S. and An. Lands, United States Minor Outlying Islands, Mayotte, Turkey, Spain, Scotland, Israel, United Kingdom and the United States|
|Mobile betting||A mobile version of the website is available|
|Identity checks||Any withdrawal may be subject to additional security checks|
|Dormant account fees||None|
Betting Interface and Website Layout
The RealDealBet sports betting interface uses the ubiquitous three-column layout with a sports navigation menu on the left, odds displayed in the centre and the betting slip on the right.
The sports navigation panel is a nested dropdown menu. This can make finding a specific football league a bit time consuming, however shortcuts to the likes of the Premier League are provided in a “Popular Markets” box at the top. Once you select a league the page is reloaded to display the selected league. Breadcrumbs are provided at the top of the page so if you’re viewing a particular fixture you can easily navigate back to the corresponding league or sport.
When a league is selected a list of upcoming fixtures is provided along with a panel of bet types. You can select a fixture to view all of the markets for the game. Alternatively, you can select a bet type and the odds for that market will be displayed for every fixture. The fixture and markets selections can be made without page reloads, which makes navigating through the odds for a specific league fast and convenient, however the page will reload anytime you select a different league.
The betting slip is fully functional, with single, multi and system (Trixie, Patent, etc.) betting available. If you click on the ‘Max bet’ button the website will populate the stake with the maximum acceptable amount. To request a higher amount you simply input a higher number and click on “Place Bets”. A staff member will then review your request.
Overall the interface is very good. The navigation is intuitive, market odds are displayed in a concise manner and navigation back and forth between fixture odds is very easy. The betting slip functionality is as good as you could possibly ask for.
With the exception of football, the odds appear to be identical to 10Bet, which had an average margin of 6.0% in our latest bookmaker margin survey. RealDealBet is competitive for international sports, but it uses higher margins than Australian bookmakers for the popular Australian leagues. For example at the time of review the average margin on an English Premier League was 4.67%, compared to 7.94% for the A-League.
RealDealBet offers a broad selection of international sports including popular Australian leagues such as the AFL and NRL. The range of markets for each fixture isn’t as broad as the likes of bet365, however the selection will meet the needs of most punters who are looking for an international bookmaker to complement their Australian bookmaker membership.
Horse racing is not available.
Live Sports Betting
According to the Interactive Gambling Act, bookmakers aren’t supposed to offer live online betting to Australians, but international services either ignore or aren’t aware of this law, and continue to offer live betting services to Australians. Note that adherence to the Act is the responsibility of gambling operators and not individual Australians. It is not an offence for Australian residents to bet live “in-play” online.1
The live (in-play) betting service at RealDealBet is very strong. A solid selection of live events is available and a broad range of betting markets is offered for most events. The interface works well and a large live score graphic is displayed for an event when selected.
- Same platform as the well-established brand, 10Bet
- Good betting interface with strong multi betting functionality
- Strong live online betting service
- Bank transfers can be made in Australian dollars (although we recommend using an e-wallet like Skrill)
- Harsh turnover requirements on bonus funds – so much so that you may not want to bother using the bonus code when making a first deposit
- Higher bookmaker margins on Australian sports than local bookmakers
RealDealBet is a new brand, but it comes with the assurance of being owned by the same holding company that operates more established sportsbooks. The best features of RealDealBet are its live online betting service and strong interface. The main downside is it’s harsh turnover requirements on bonus funds. For Australian sports fans this service wouldn’t work as a stand alone membership due to its uncompetitive odds on Australia sports. Its in-play betting, however, makes it a good complement to an Australian bookmaker membership.