The best Australian online bookmakers for horse racing are all regulated and licensed to do business. These legal online bookmakers range from household names like Sportsbet and Ladbrokes, to smaller competitors like Palmerbet and PlayUp. We believe the following Australian online bookmakers are the best for horse betting:
Best Horse Racing Bookmakers
The above online betting sites are all regulated in either one or multiple Australian states, with most of them boasting the NT Government seal of approval. They all also cater to mobile punters to varying degrees, with most having both Android and iOS apps available.
Best Australian online bookmakers in 2021
The best online bookmaker might not be the same today, as it is tomorrow. What we mean by this is often one online betting site will have a promotion, or boosted odds surrounding a meeting, while another will have nothing. Your bankroll can really be boosted by shopping around at the different online bookmakers each betting session you have. Remember to gamble responsibly and keep your head and really think about the strategy you are using to pick your horses.
What online bookmaker has the best horse racing odds
The racing scene in Australia is big business, with it worth hundreds of millions of dollars annually. The money bet on horse racing is how it generates its profits and millions of Australians use online bookmakers to punt on the gallops. We often get poised the question: “what online bookmaker has the best odds?”. And like many things the answer to this question is hard to answer and changes from day to day, or even race to race.
Because each betting company sets their own markets for each race, there is often discrepancies in the odds. For instance, i’m writing this article on a Wednesday, and there is a meeting at Warwick Farm. In the fourth race, the favourite is paying $3.70 with one online bookmaker, which is the best price, while at five other bookmakers have varying prices, all the way down to $3.40. Then you also have to take into consideration that some online betting sites have services that boost your odds, on selected runners or several times a day.
Our best bit of advice when deciding which online bookmaker has the best horse racing odds is to hold multiple accounts and use odds comparison services, as part of your punting practice. By this we mean scour the live updating odds from multiple Australian betting sites prior to the jump of each race and making your bets at the one with the best price. It’s a no-brainer really.
Deposit & withdrawal options at AU online bookmaker sites
Our recommended online bookmakers offer various ways of deposits and withdrawals. To make a deposit at any of our bookmakers, sign up and click on the “make a deposit” button.
Depositing can be done by various methods and each of our betting sites support the following options:
- Credit and debit cards (Mastercard, Visa or other)
The easiest way to deposit money into your betting account. Money is credited into your account immediately and withdrawals can be received usually within the next business day (withdrawals to debit cards might not be supported).
- Bank transfer
Depositing using bank transfers are usually credited to your account the following work day and withdrawals are received in 2-4 days from processing.
- E-Wallets (Neteller, PayPal)
Deposits are made instantly with this popular option. Withdrawals can take up to 2-3 working days to process.
Bank deposits can be made via POLi, Australia’s privately owned online payment company.
BPAY deposits take up to 1-2 days and only Australian customers are eligible to use this method.
Mobile & apps for betting on horses
All our online bookmakers offer multiple platforms to use for betting on horse racing. These include laptop, PC (personal computer), tablets and mobile phones (iPhone and iPad included).
All bookmakers have developed apps (applications) which make it easier to bet on the run. Punters have full access to either the main website or the app version, which allows users to gain access to all the information available to those using a computer.
There are even great promotions available to mobile and tablet users which include download and first bet bonuses.
What Australian bookies stream horse racing?
Many Australian bookies stream Victorian horse racing to users mobile phones, under a vision agreement with Racing Victoria. This means for free of charge you can watch any race on your handset.
The following bookies have live horse racing streaming available:
Minimum bet limits for online bookmakers
In years gone by, corporate bookies had a reputation for turning away winners. Things started to change in 2014, when Racing NSW introduced rules that ensured punters could bet to win up to $2,000 on metro horse races and up to $1,000 on country races at any licensed betting operator. All of HB’s featured online bookmakers adhere to minimum bet limits in Australia, which now apply in five states and the ACT.
Why betting with online bookmakers is better than the tote
Online bookmakers have revolutionised sports betting in Australia and horse racing has been no exception. For many years if you wanted to bet on the horses you would do it in the flesh at a TAB, but now it’s much more common place to wager with an online betting company.
Horse racing has become a very diverse industry with a wide range of online bookmakers offering markets and odds for racing all around the world. These betting sites, on top of their Australian horse racing, also have markets on most thoroughbred meetings from around the world.
Here at Horsebetting.com.au, we’re all about finding the best value with these bookmakers and ensuring your betting experience is a positive one. Our recommended bookmakers are all giants in the horse racing bookmaking industry as they not only provide the best odds available, but they are trusted and easy to use websites.
Depositing and withdrawing funds is a breeze with multiple options available to all AUD customers, for those with big spending limits and the average punter.
The best online bookmakers are always moving forward with brand new promotions, deals and website functions that make placing a bet on the horses all the more enjoyable. Remember, before signing up at an online bookmaker, do your research, read betting site reviews and find a bookie that suits you.
Best International horse racing bookmakers
While Horsebetting.com.au is primarily servicing an Australian audience, we do have a significant readership overseas. In this section of our top racing bookmakers guide, we examine the best betting options for punters from various parts of the world.
Betway.com: A UK and Malta licensed horse racing bookmaker, Betway.com has wagering on various horse racing from all over the globe. Betway also has some great racing promotions, which can pad our your bankroll nicely. If you are in the UK or many European countries, Betway is a great bookmaker to bet on racing. Betway review.