Sportsbet

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Sportsbet Sportsbook

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OperatorSportsbet Pty Ltd
OwnerFlutter Entertainment
Launched in Australia1993
LicenceNorthern Territory Racing and Wagering Commission
Sports CoveredOver 30
Key SportsAFL, NRL, Horse Racing, Greyhounds
Welcome BonusUp to $500
Live StreamingFree for Victorian races & Sky Racing
Cash OutAnytime (Partial/Full)
Withdrawal TimeWithin a few hours (fast bank)
Mobile AppYes (iOS & Android)
Customer ServicePhone: 1800 990 907
James Wilson
James WilsonExpert Reviewer↻ Updated 29.09.2026

Professional gambling-industry analyst with over 8 years of experience across online casinos, sports betting, slots and poker. Specialises in bonus terms, payout speed, fairness audits and player-protection regulations.

Sportsbet is an Australian online bookmaker owned by Flutter Entertainment and was the first to launch in the country in 1993. It holds a licence from the Northern Territory Racing and Wagering Commission. The site offers betting on over 30 sports, including major Australian codes like AFL and NRL, with more than 1000 markets available. It provides features such as live betting, free live streaming for Victorian races, and Same Game Multi and Same Race Multi bet builders.

The operator supports a range of payment methods including Bank Transfer, PayPal, and PayID, and offers a dedicated mobile app for iOS and Android devices.

Licence, Owner and Safety Record

Sportsbet Pty Ltd is owned by the international gambling group Flutter Entertainment and has been operating in Australia since 1993, making it the country's first online bookmaker. Your betting activity is regulated under its licence from the Northern Territory Racing and Wagering Commission. This means the operator must adhere to the rules set by that territory's regulator. It is important for players to be aware that in 2023, Sportsbet was fined $313,000 by this same NT regulator for breaches of consumer protection rules. This historical fine is a specific fact to consider regarding its operational conduct. As a condition of its licence, Sportsbet enforces a minimum age requirement of 18 for all customers in Australia.

Sports Coverage and Betting Markets

Sportsbet provides betting on over 30 different sports, which in practice means you can find markets for most major international and domestic competitions. The sports list highlights a strong focus on Australian preferences, with AFL, NRL, Horse Racing, and Greyhounds being prominently featured. For each sport, you will find a range of markets; the operator states there are over 1000 sports betting markets in total. This translates to numerous betting options within a single event, from simple win bets to more complex propositions. For horse racing specifically, Sportsbet offers its 'TopTote+' product, which provides a specific type of enhanced dividend. When placing a bet, you should check the available markets for your chosen sport, as the depth can vary between, for example, a local AFL match and an international soccer fixture.

Live Betting, Streaming and Key Features

signing in to your Sportsbet account

Sportsbet's live betting feature allows you to place wagers on events that are already in progress. To use this, you navigate to the 'In-Play' or live section of the website or app and select from the dynamically updating odds. The operator complements this with free live streaming, but this is specifically for Victorian horse races and the Sky Racing channels. To access the stream, you typically need to be logged in and have a funded account or a bet placed on the relevant event. Key built-in features include the Same Game Multi and Same Race Multi, which let you combine multiple selections from a single match or race into one bet slip for a combined odds multiplier. The 'Multi Builder Boost' promotion can enhance the odds on these selected multi-bet combinations by up to 50%. The Cash Out feature gives you control to settle your bet early for a partial or full payout, which can be activated at any time before the event concludes. Additionally, the 'Bet With Mates' feature is a social tool that facilitates group betting among friends.

Welcome Bonus and Promotional Details

Sportsbet bonuses and promotions

In practice, this means you receive bonus bets after completing two steps: joining the site and then placing your first bet. The exact value of the bonus bets you receive, up to the $500 cap, will depend on the specific terms attached to the offer at the time you sign up. It is crucial to read the promotion's terms and conditions, as they will outline qualifying bet types, minimum odds, wagering requirements, and the expiry period for the bonus bets. Beyond the sign-up offer, the site regularly promotes its 'Multi Builder Boost', which provides enhanced odds on selected multi-bet combinations you build yourself.

Deposits, Withdrawals and Payment Processing

Sportsbet offers several payment methods tailored for Australian customers. The availability differs between adding funds and cashing out. For example, Apple Pay and PayID are deposit-only methods that offer instant transfers, while Bank Transfer and PayPal can be used for both deposits and withdrawals. The Sportsbet Cash Card is a proprietary method for managing your balance. When you request a withdrawal, the processing time can be within a few hours if you use a fast bank payment option. You should verify your account details are correct before initiating any transaction to avoid delays.

Payment MethodAvailable ForKey Notes for Australian Players
Bank TransferDeposit & WithdrawalWithdrawals processed within a few hours as a fast bank payment.
Card (Credit/Debit)DepositStandard debit cards are accepted; check with your issuer for any blocks.
PayPalDeposit & WithdrawalRequires a linked PayPal account with a verified funding source.
Sportsbet Cash CardDeposit & WithdrawalA dedicated card for managing your Sportsbet wallet funds.
Apple PayDepositAvailable for iOS users through the app or mobile site.
PayIDDepositInstant deposit using your linked bank account via the PayID system.

Mobile App Functionality and Access

Sportsbet provides a dedicated mobile application for both iOS and Android devices. Downloading the app from the official App Store or Google Play gives you full access to all betting markets, live streaming, and features like Cash Out and Multi builders. The app's functionality mirrors the desktop site, allowing you to manage deposits, place bets, and contact support. Using the app is the primary method for many users due to its convenience for live betting and notifications. Ensure your device meets the current system requirements for the app to run smoothly.

Customer Support and Responsible Gambling Tools

Customer service is available via the phone number 1800 990 907. This is a direct line for assistance with account issues, betting queries, or technical problems. For responsible gambling, Sportsbet provides specific tools: you can set Deposit Limits on your account to control spending, and you can initiate self-exclusion directly through the national BetStop register, which Sportsbet supports. These are practical steps you can take within your account settings or by contacting support. Remember, using the service requires you to be 18 years or older.

Historical Context and Market Position

As the first online bookmaker to launch in Australia in 1993, Sportsbet has a long-established presence in the local market. Its ownership by Flutter Entertainment places it within a large global gambling group. The operator has also been a pioneer in developing certain betting products, specifically the 'Same Race Multis' feature. Its historical regulatory fine of $313,000 by the NT regulator for consumer protection breaches is a matter of public record. This context is relevant for players assessing the operator's track record over its decades of operation.

FAQ

Yes, Sportsbet is licensed by the Northern Territory Racing and Wagering Commission. It was the first online bookmaker to launch in Australia in 1993.
Yes, Sportsbet offers free live streaming of Victorian horse races and Sky Racing channels. This is available to logged-in customers with a funded account or a bet on the event.
Sportsbet accepts Bank Transfer, Card, PayPal, Sportsbet Cash Card, Debit Cards, Apple Pay, and PayID. Withdrawals via fast bank payments are processed within a few hours.
Yes, Sportsbet offers a dedicated mobile app for both iOS and Android devices, providing full access to all betting markets and features.
Sportsbet provides Deposit Limits and supports self-exclusion via the national BetStop register. Players must be 18 years or older to gamble.
These are bet builder features that allow you to combine multiple selections from a single event into one bet. Sportsbet also offers a Multi Builder Boost for enhanced odds on selected combinations.