The following is an in-depth Bet Right review. 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
Launched in late 2021, Bet Right is an Australian-owned and operated bookmaker that is licensed by the Northern Territory Racing Commission. The service is operated by IRPSX Pty Ltd (ABN 41 087 708 898), which was first registered in 1999.1 IRPSX is a wholly-owned subsidiary of BetTube Corporation Pty Limited (ABN 63 635 285 326), which was first registered in 2019.2 IRPSX is the Northern Territory Licence holder,3 while BetTube is a Platform as a Service (PaaS) provider for wagering and sports entertainment products.4 BetTube is based in Sydney and is listed on the National Stock Exchange of Australia (NSX: BOX).5
Bet Right was founded by chairman and CEO Anthony Waller. Waller worked with Michael Sullivan to found Sportingbet, which grew to be Australia’s largest bookmaker on turnover before it was sold to William Hill in 2013.6
Bet Right is an approved sports betting operator of the AFL, Cricket Australia, Football Australia, the NRL, Rugby AU and Tennis Australia.
Bet Right’s contact details are:
Services and Features
|Deposit options||Visa and MasterCard credit & debit cards, PayID, Electronic Funds Transfer|
|Withdrawal options||Bank transfer to an Australian bank account. Fast withdrawals via NPP7 are available.|
|Minimum bet||Singles and Multi-Bets: $0.25
Racing Exotics and Racing Multiples – 0.50 cents (total stake, not per combo)
The minimum stake for a bet via the telephone betting service is $10 per bet.
|Deposit turnover requirements||1x to avoid any fees. If you wish to withdraw funds you have deposited before having wagered those funds, Bet Right reserves the right to apply a return to source fee, which is calculated as such:
A. administrative fee of $16.40;
B. transaction fee of 1.30% of every $1 which is not turned over that has been requested to be returned;
|Mobile betting||The website employs a responsive design that tailors the display to the device you’re using. In addition, iOS and Android apps are available. At the time of review the iOS (Apple) app has a 4.7 star average review from 935 ratings and the Android app has a 4.7 star rating from 81 reviews. As of July 2023, the iOs App requires iOS 12.0 or later and the Android App requires Android 5.0 and up. At the time of review the Bet Right website states that “Apps 2.0 is on the horizon and will be released in the coming months.”|
|Identity verification||You can verify your identity in minutes by entering your driver’s licence and Medicare card details.|
|Dormant account fees||None that we’re aware of|
|Win limits||The maximum Win-Only odds for bets placed on Middle Tote and Home Tote are:
(i) 26.00 for Greyhound Racing;
(ii) 51.00 for Harness Racing; and
(iii) 101.00 for Thoroughbred Racing
Exotics bets are subject to the following maximum payouts per event:
Same-race and same-game Multi-Bets are limited to a maximum payout of $50,000 per Same Race Multi-Bet combination.
Multi-Bets payouts for bets placed in sports, racing or a combination of both are subject to a maximum payout of $250,000 per Multi-Bet combination.
|Odds limits||The maximum odds for a same-game multi is 2,501. The maximum legs for a same-game multi is 25.|
|Support||Email, phone, online chat, Discord|
|Responsible Gambling||You can limit your deposits for a recurring 1 day, 7 day, 14 day or 30 day period.
You can opt to take a break for a custom time period of up to 30 days.
The website provides a link to a Northern Territory government application form that enables you to self-exclude from betting with Bet Right or with any NT-licensed wagering operator.
The help centre contains a list of links to responsible gambling support services in each state.
Betting Interface and Website Layout
The Bet Right website employs a responsive design that tailors the display to the device you’re using. This review will focus on the layout that is displayed to PC & laptop users.
The website employs a classic three-column layout. Navigation is displayed on the left, markets and odds are provided in the centre and the betting slip is displayed on the right. A search box, account info link and deposit button are provided at the top of the page.
A list of ‘Popular Now’ sports are displayed by default. Icons are displayed next to leagues that support same-game multis. When you click on Sports, a full list of available sports is displayed in the centre column. If you select a popular sport such as soccer, a nested list of leagues is displayed in the centre column, organised by country.
Overall, the navigation is incredibly intuitive and beginner-friendly.
When a league is selected the upcoming fixtures are displayed by default. Where available, futures markets are available as a separate tab. Navigation breadcrumbs are provided at the top of the centre column.
The number of markets is listed at the top of each fixture and a same-game multi icon is displayed next to fixtures for which same-game multi betting is supported. A ‘Cash Out’ logo is displayed for leagues where cashing out is possible. Your cash out offers are displayed in the pending bets area.
When a fixture is selected the centre column is split into two, with a list of other fixtures displayed on the left and the chosen fixture’s odds displayed on the right.
The markets are displayed in a tabs by category, such as Margins, Totals, First Half and Goalscorer. The popular markets are displayed by default. To save on scrolling, the other categories are closed by default.
Selections that have already been added to the betting slip are highlighted in pink.
If offered, a Build SGM (same-game multi) button is displayed at the bottom of the screen.
The betting slip is highly intuitive and feature-packed.
When a stake is entered the possible payout is displayed, both for each selection and for the entire betting slip. You can opt to enter one stake that applies to all single selections.
When multiple selections are added a Multi option is provided at the top of the screen. If three or more selections are added then exotics multi options appear such as Trixie, Patent and Doubles. Next to each exotic multi name is the number of legs involved. Also shown is an info icon that provides the list of bets that each exotic multi entails. For example, if there are three items in your slip one option will be “Patent – 7 Combos”. The info button for that option states “7 bets: 3 singles, 3 doubles and a treble.”
The stake entered for an exotic multi is for the entire multi and not per leg. For example, if you enter $7.00 as the stake for a Patent, then that bet would consist of seven $1.00 legs.
The bookmaker margin (overround) is a measure of the bookmaker’s profit margin for an event and is a hidden transaction cost for punters. This profit is how bookmakers finance their services but bookmakers vary in the margins they apply. From a punter’s perspective, the lower the margin, the better. Learn more about bookmaker margins.
One noteworthy feature is the service offers 1.93 AFL and NRL lines starting one hour prior to kickoff.
We will be able to elaborate more on Bet Right’s odds competitiveness when we conduct the next margins survey.
Sports Leagues and Markets
The range of leagues supported is strong and the number of markets per fixture is surprisingly high. With over 200 markets for AFL and MLB fixtures, Bet Right is right up there with the world’s largest bookmakers.
Below are sample market numbers that we observed in late June and early July:
AFL: 220 (including pick your own line)
NRL: 60 (including pick your own line)
Test cricket: 59
ATP & WTA tennis: 28
Formula 1: 14
Football – MLS: 117
Football – Chinese Super League: 60
Football – K-League 1 – 62
Football – J2 League: 62
Football – European Championship U21: 65
Football – CONCACAF Gold Cup – 64
Bet Right offers just about everything you could ask for from a race betting perspective.
Best tote exotics are offered for all Quaddies, Quinellas, Exactas, Trifectas & First Fours placed at Sydney and Melbourne metro thoroughbred venues.
At selected venues, an RD+ Win tote is offered. Bet Right argues that is an upgrade to their competitors’ Best Tote+SP products. RD+ pays a dividend equal to Best Tote+SP plus either 5% or the sum of the official cash rate and the last quarter CPI, depending on which is greater:
RD+ = MAX(Best Tote , SP) + MAX(5% , OCI + CPI)
On Bet Right’s Discord server, members can access a “Pro Trades” channel, where you can view actual bets made by professionals using Bet Right. Their marketing states: “This isn’t just betting with mates. This is betting with Pros.”
The Bet Right racing interface enables you to toggle on and off the display of thoroughbred, harness and greyhounds venues, as well as the display of international venues.
One innovative feature is you can select Fixed, which then highlights the races for which fixed odds are available.
Daily racing specials for selected racecards are offered. These enable you to wager on the number of race wins and highest race wins for the jockeys and trainers.
The odds display is feature-packed. Colour-coded odds flashes indicate odds movements. Tips, speed maps, form guides and odds fluctuations are provided and estimated tote odds are displayed.
Fractional betting is supported for exotics and same-race multis are offered at selected venues.
- Fantastic customer service
- Excellent range of markets offered for the popular leagues.
- The iOS and Android Apps both have strong user reviews.
- Low $0.25 minimum online bet
- Low $10 minimum phone bet
- Their RD+ tote market is superior to Best Tote + SP
- Fast, intuitive navigation
- Fully featured betting slip functionality
- Identify verification is quick and easy
- Cashing out is supported for head-to-head bets on popular leagues
- Same-game multis are supported for popular leagues
- Same-race multis are supported for selected racecards
- Pick Your Own Line is offered for the AFL & NRL
- 1.93 line odds starting one hour before kickoff for the AFL & NRL
- Fast withdrawals via NPP7 are available. Withdrawals are processed twice daily, 7 days a week.
- Uses Discord as means of receiving market requests and feedback from members. Visitors can view pro trades on their Discord server.
- Live chat support
- POLi8 wasn’t offered at the time of review.
- No in-play phone betting at the time of review
- Low odds limits for greyhounds and harness win bets placed on Middle Tote and Home Tote
Launched by Anthony Waller, an established name in the betting industry, Bet Right is a refreshing sight given the explosion of identically-featured bookmakers that use the BetMakers platform. Bet Right instead employs its own innovative BetTube platform, which the parent company owns and operates. Both the sports and racing interfaces are feature-packed and we’ve been pleasantly surprised by the strong selection of markets per fixture. Another strength of Bet Right is its excellent customer service. Our email enquiry was responded to quickly and with a surprising level of detail and thoughtfulness. Bet Right offers an abundance of other means of communication. This includes a Discord server, through which members can also view pro trading activity. The odds are competitive and AFL & NRL punters will appreciate the 1.93 main handicaps that are launched one hour prior to kickoff. The broad range of features and markets, combined with the intuitive interface, make the service suitable as a standalone membership. Bet Right is well worth considering for punters of all experience levels.
Notes and Sources
- 1 https://connectonline.asic.gov.au/RegistrySearch/faces/landing/panelSearch.jspx?searchText=087708898&searchType=OrgAndBusNm
- 2 https://connectonline.asic.gov.au/RegistrySearch/faces/landing/panelSearch.jspx?searchText=635285326&searchType=OrgAndBusNm
- 3 https://irpsx.com/
- 4 https://bettubecorporation.com/about-us
- 5 https://www.nsx.com.au/marketdata/company-directory/details/BOX/
- 6 https://www.territoryq.com.au/anthony-waller/
- 7 The New Payments Plaftorm (NPP) enables businesses in Australia to make instant payments
- 8 POLi facilitates online bank transfers that are acknowledged by the bookmaker instantly. This enables you to log into your banking provider, transfer money to the bookmaker, and place bets immediately.