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8 Best Betting Sites in Australia: Australian Bookmakers Ranked by Odds, Bonuses & Markets

The best betting sites in Australia come packed with the most competitive odds, comprehensive markets, and an enjoyable live betting experience.

For your convenience, we’ve ranked the top 8 Australian bookmakers to narrow down your search and help you get started with a reliable bookie right away.

Gxmble receives the highest rating in all categories, making it the absolute best sports betting app in the Australian betting industry.

Let’s dive in and review all of them, shall we?

Best Betting Sites in Australia September, 2023

Below, we have reviewed each of the top 5 Australian bookmakers based on their odds and markets, bonus bets and other promotions, payment options, and overall user experience.

Table of Contents

1. MyStakeBest Australian Betting Site Overall

mystake

Pros

30+ sports covered
3+1 Free Bet offer
$500 welcome bonus
Comprehensive soccer and horse racing markets
Great eSports coverage
Also one of the best Australian poker sites
Cons

No loyalty program
Website loads slowly when overcrowded

Bonus hunters should look no further than MyStake, our top betting agency today and a reputable gambling platform that welcomes all new Aussie bettors with a $500 bonus.

Betting Markets & Odds: 

4.8/5

MyStake features a variety of virtual betting options, from sports like football and greyhound racing to tennis.

If you’re more inclined towards eSports, you’ll be pleased with the selection on offer, including popular games such as Counter-Strike, League of Legends, and Dota 2.

Turning to horse racing, MyStake presents a global assortment of markets. Whether you’re looking to wager on famous races such as the Melbourne Cup and Everest or delve into lesser-known races around the world, you can do so here.

Bonus Bets & Promotions:

4.9/5

In the realm of online betting sites in Australia, MyStake is noted for its generosity – it offers a stellar 100% bonus of up to AU$500 for new bettors.

Existing users aren’t left out in the cold, either. They can enjoy a 30% cashback offer and a 35% sports wager reload bonus. Both of these promotions come with a 10x rollover requirement and require a minimum deposit of AU$10 to activate.

Furthermore, you will also get 1 free bet after you place 3 qualifying bets. How cool is that?

Payment Options & Payout Speed: 

4.7/5

At MyStake, the minimum amount you can deposit into your account is AU$10. You have the flexibility to do so using several methods, including credit cards, digital wallets, and even cryptocurrency.

When you’re ready to withdraw your earnings, MyStake offers a variety of payment methods like Bitcoin, WebMoney, MiFinity, and more. One of the highlights of their service is the speed of their withdrawal process, with most requests being completed within a 24-hour period.

User Experience: 

4.8/5

MyStake is a top online bookmaker that stands out for its convenience and accessibility. You don’t need to download an app or software to bet on horse racing or other sports. Simply use your mobile browser to log in, and you’re all set thanks to their fully mobile-optimized interface.

In terms of customer support, MyStake does not disappoint. They offer 24/7 assistance via live chat and email. Users can also find potential answers to their questions in the FAQ section before reaching out to the customer service team.

2. Rabona — Best Variety of Sports Betting Markets in Australia

rabona betting

Pros

Over 40 sports betting categories
$150 sign-up bonus
Great eSports betting coverage
Live betting + virtual sports
Super easy to use
Cons

No horse or greyhound races in Australia
Must wager your deposit before getting the welcome bonus

Rabona has more betting options than most gambling sites in Australia. We’re looking at a huge range of markets for all the popular sports, plus a sweet $150 welcome offer.

Betting Markets & Odds: 

4.9/5

Whether you’re a fan of cricket, tennis, kabaddi or even more niche sports like floorball, Rabona’s sports platform caters to your interests with an extensive array of over 40 sports you can bet on daily.

As an AFL match commences, the betting market comes alive with countless opportunities. From wagering on quarter-by-quarter outcomes to predicting the top scorer or betting on over/under, the options are plentiful.

Rabona also takes pride in its comprehensive coverage of Australia’s favourite sports, offering a wide variety of betting types.

Whether you prefer accumulators, parlays, handicaps, or moneyline bets, there’s something for every betting enthusiast. What adds to the excitement are Rabona’s game and player propositions.

Bonus Bets & Promotions: 

4.8/5

Available promotions at Rabona include a Daily 50% Match VIP Free Bet, a Midweek 50% Match Free Bet up to AU$75, and an MLB 100% Free Bet up to AU$150.

The platform also provides an enticing introductory offer. By depositing AU$30 or more, punters can receive a 100% match bonus up to AU$150. To claim this bonus, they must stake their deposit once on odds of 1.50 or higher.

Payment Options & Payout Speed: 

4.7/5

At Rabona, the processing times for transactions depend on the method of payment used.

Cryptocurrency transactions, including Bitcoin and XRP, are almost immediate. If you’re using e-wallets like Jeton or Sticpay, withdrawals are typically complete within 48 hours.

However, for more traditional methods such as bank transfers or credit card withdrawals with Visa or MasterCard, the process may take between 3-5 business days.

User Experience: 

4.7/5

Rabona’s customer support is available 24/7 and can be reached either through live chat or email. Our evaluations have shown that the support team, particularly those on live chat, are not only polite but also efficient in their responses.

When it comes to mobile compatibility, Rabona offers a great experience regardless of the type of mobile device you use, adapting seamlessly to fit your screen size and resolution.

They offer a dedicated betting app, but the mobile website also provides a user-friendly experience that mirrors the desktop version.

3. Cloudbet — Best Betting Site in Australia for Crypto Users

cloudbet

Pros

5 BTC sign-up deal
Near-instant transactions
Odds for over 30 sports
Excellent in-play markets
Cons

Crypto-exclusive
Bonus unlocked in increments

For Aussie punters seeking to use crypto for sports betting, Cloudbet is the best betting site you can join, offering a huge range of options and a massive 5 BTC welcome deal.

Betting Markets & Odds: 

4.7/5

Not only does Cloudbet cater to traditional sports fans with a vast array of over 30 sports, including football, cricket, basketball, and golf, but it also offers competitive odds for eSports enthusiasts.

Another standout feature of Cloudbet is its live betting section, which allows bettors to jump on in-play opportunities as they occur.

Bonus Bets & Promotions: 

4.6/5

New users are welcomed to Cloudbet with an impressive sign-up bonus of up to 5 BTC. This is considered one of the most generous incentives offered by any bookmaker across the globe.

To activate and qualify for this substantial reward, an initial deposit of at least 0.01 BTC must be made. However, keep in mind that you will need to unlock this bonus in increments as you place bets on the site. The good news is that you have an entire year to do it.

Payment Options & Payout Speed: 

4.5/5

Cloudbet stands out with its fast withdrawal speed. Generally, funds reflect in your account within a span of ten minutes or even less at times. In addition, Cloudbet does not levy any transaction fees, which is another benefit for users.

This betting platform, however, exclusively deals with digital currencies. You can make deposits and withdrawals using various cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Tether, and more.

User Experience:

4.7/5

Despite lacking a dedicated application, Cloudbet has optimised its website for all iOS and Android devices. This optimisation allows users to easily navigate markets and place bets on their phones or tablets without any hassles.

Cloudbet also provides round-the-clock customer support through live chat and email. Furthermore, they maintain an active presence on Discord and Twitter, offering a significant advantage for users who need assistance.

4. GxmbleBest Bonuses of All Betting Agencies in Australia

gxmble screenshot

Pros

Great odds for 20+ sports
$2,500 sign-up offer
Fully optimised for mobile users
Stellar live betting interface
Also offers casino games and pokies
10% cashback for VIP users
Cons

Must create an account to explore the site
Doesn’t cover many niche sports

With a low 5x rollover attached to the $2,500 welcome bonus, Gxmble is the best Australian online betting site for easy-to-unlock promos.

Betting Markets & Odds: 

4.6/5

At the heart of Gxmble lies a dynamic and vibrant sports betting platform. You can bet on match outcomes, point spreads, over/under totals, and even player stats.

Moreover, Gxmble offers various bet types, including single bets, accumulators, system bets, and more. This versatility in betting options caters to both novices and seasoned bettors, providing an inclusive platform for all.

And the excitement doesn’t stop when the game begins. With live betting, Gxmble puts you in the driver’s seat, letting you place bets as the action unfolds in real-time.

Bonus Bets & Promotions: 

4.6/5

Unlike most betting sites, the excitement at Gxmble doesn’t stop with the initial deposit bonuses. They spice up each week with a series of enticing Weekly Deals.

On Mondays, you can enjoy a 100% bonus worth up to $250. Wednesdays come with a 50% bonus, going up to $500. Fridays offer a hefty 150% bonus of up to $500, while Saturdays stun with a 100% bonus worth up to $1,250.

Newcomers at Gxmble can claim a generous 200% bonus on their first deposit, up to a maximum of $500. But the rewards don’t end there. Your second deposit will be met with a 100% bonus, going up to $750.

Not to be outdone, your third deposit also reaps a 100% bonus, this time capping at a whopping $1,250. Each of these initial deposit bonuses comes with a 5x rollover condition, which is among the lowest in the Australian sports betting market.

Payment Options & Payout Speed: 

4.6/5

For those who prioritise speed in accessing their winnings, e-wallet solutions like Neteller or Skrill are recommended on this Australian betting platform.

These options can process withdrawals in as little as a day. However, if you want to use credit cards, be prepared for the withdrawal process to take a bit longer, potentially up to 4 business days.

You can also use Instant Banking, in addition to Bitcoin, Ethereum, Litecoin, and Tether. It’s crucial to remember that the platform has a minimum deposit requirement of $25, and you can start cashing out once your balance reaches $50.

User Experience: 

4.9/5

Gxmble’s Contact Us page is well-organized, providing three distinct links for support, account verification, and complaints. This makes it easy for users to find the help they need.

For more immediate assistance, Gxmble offers a live chatbot. Users simply input their name and email, and then choose a topic like support, finance, or bonus queries. If further help is required, users are encouraged to send an email to their customer service team.

Despite not offering a mobile app, Gxmble ensures a smooth user experience with a website designed for instant play. This feature proves extremely useful for on-the-go betting enthusiasts.

5. Winstler — Best Odds of All Online Betting Sites in Australia

winstler screenshot

Pros

Massive $9,500 welcome pack
Fair wagering requirements
Top-notch odds across 20 sports
Plenty of markets
Reload bonuses every week
Cons

Limited variety of payment methods
Limited sports betting bonuses

Winstler is one of the best betting agencies in Australia, offering highly competitive odds and a huge $9,500 welcome package for online casino players on the site.

Betting Markets & Odds: 

4.6/5

Winstler features an array of competitive odds, which really stand out when it comes to popular sports. Whether your passion is cricket or you are an Aussie Rules enthusiast, this platform has an extensive offering to cater to all tastes.

Winstler is indeed a treasure trove of global sports gambling opportunities, presenting premier picks from every corner of the world.

Bonus Bets & Promotions: 

4.5/5

If you’re a new player at Winstler, you’ll be greeted with an outstanding welcome package.

Your first deposit will be met with a 300% match, allowing you to get up to $500 in bonus funds. Then, you can claim two 100% match bonuses and another two 50% match offers, collectively adding up to a remarkable $9,500 in bonuses.

For those who are regulars at the Winstler casino, there’s the Friday Reload feature. This provides a 100% bonus valued at up to $2,500, acting as an additional incentive for frequent players.

Payment Options & Payout Speed: 

4.5/5

Cryptocurrencies are the preferred payment method at Winstler. Withdrawing via BTC not only offers reduced fees but also ensures quicker cashouts, enhancing your overall convenience.

However, the casino is not limited to digital currencies, as you can also use credit cards and a few e-wallets to deposit here.

User Experience: 

4.9/5

Winstler’s website layout, while simple, ensures that users can effortlessly access all sections.

This includes the live chat feature, which is prominently displayed for easy access, along with contact emails. All in all, Winstler is a user-friendly Australian betting site.

How We Ranked the Best Australia Sports Betting Sites

Sports Betting Markets & Betting Odds

We prioritised online bookmakers with a broad range of betting markets. A diverse selection allows bettors to place wagers on their favourite sports or events, enhancing their betting experience.

In addition, we looked at the betting odds each site offered. Competitive odds can mean the difference between a modest win and a substantial payout.

Free Bet Deals & Promotions

We also considered the deals and promotions that these Australian online casinos provide. Free bets can significantly enhance a bettor’s bankroll, allowing them to place more or larger bets. Regular promotions and a good loyalty program will make Aussies stick around for more.

Payment Options & Payout Speed

The variety of payment options and the speed of payouts were another important factor in our rankings.

Sites that offer multiple payment options make it easy for bettors to deposit and withdraw funds. Additionally, fast payout speeds ensure that winners can enjoy their winnings as soon as possible.

User Experience

We also evaluated the user experience of each site. A well-designed, intuitive website can make the betting process much smoother and more enjoyable. We favoured sites that were easy to navigate, had clear information, and provided excellent customer service.

Why Is MyStake the Best Betting Site in Australia?

My Stake topped our list of recommended Australian betting agencies by delivering a rock-solid betting experience with highly competitive betting odds and plenty of markets for sports and racing events.

  • Excellent Coverage of Popular Aussie Sports: MyStake stands out for its coverage of popular Australian sports. Whether you’re a fan of AFL, NRL, or cricket, MyStake has you covered. The site offers a wide range of betting options for each sport, making it easy for bettors to find the perfect wager for their favourite games.
  • Welcome Bonus: MyStake offers an enticing 100% bonus of up to AU$500 for new bettors, which ensures that you can get started with a boosted bankroll.
  • Maximum Safety: Safety is a top priority at MyStake. The site uses advanced security measures to protect users’ personal and financial information. This commitment to safety gives bettors peace of mind, knowing that their data is secure while they enjoy their betting experience.
  • Competitive Odds: MyStake also excels in offering competitive odds. These favourable odds can result in higher returns on winning bets. With MyStake, bettors have the opportunity to maximise their winnings, making each wager even more exciting.

Betting Agencies Promotions & Bonuses

There are tons of promotions offered at the top online Australian betting agencies, and these target both new and registered players.

Below, we’ve reviewed the most popular that you’ll find:

Sign Up Bonuses

Sign-up bonuses, also known as welcome bonuses, are given to new players when they register at an Aussie betting site.

These offers can range from deposit bonuses — which are the most common — to things like no-deposit bonuses or risk-free wagers.

Free Bets

A free bet is s distinct type of bonus where you’re rewarded with betting credit of a certain amount that you’re supposed to use to place a wager. So you can place a wager using a free bet, and the funds from your account balance will remain untouched.

Typically at most Aussie betting agencies, free bets can’t be broken down into smaller denominations, so the bonus you get must be used all at once. Also, you’ll only get the winnings, as the initial free bet stake won’t be included in your final payout.

Deposit Bonuses

This is the most common type of bonus that you’ll find at betting sites Australia. Here, you’re supposed to make a deposit, and the sportsbook will match your deposit by giving you a bonus of a specified percentage.

For example, if an online site is offering a 100% bonus on your first deposit and you fund your account with $100, you’ll get a $100 bonus.

Refunds

Bonuses involving refunds come in various forms.

You can get refunds from risk-free bets when your wager loses, while cashback offers reward you with refunds that are issued in the form of withdrawable funds.

Early Payouts

As the name of this betting agency promo suggests, the main focus here is on early payouts.

With such an offer, you’ll win your bet early if a specific outcome happens. 

For instance, an Australian sportsbook may advertise a 2-goal lead early payout promotion, where you’ll win your bet if the team you backed gets a 2-goal lead. Regardless of whatever happens later on in the game, your wager will be settled as a winner.

These days, most online betting sites also have a cash-out feature that lets you settle your wager in advance instead of waiting till the end of the game.

Boosted Odds

With a boosted odds promo, the odds of your wager will be increased, guaranteeing you a more substantial payout if you predict correctly.

For instance, Melbourne City may have odds of 1.80 to win an upcoming matchup. A betting agency may place a boosted odds promo on this wager if you risk a certain amount, bumping City’s odds up to 2.0. As you can see, you’ll get an increased payout for the same bet.

Why Should I Use Online Bookmakers in Australia?

Seasoned punters are always seeking more than just the bare minimum. While the convenience and accessibility of online platforms are evident, let’s delve deeper into the benefits that online bookmakers in Australia offer.

Enhanced Odds and Market Diversity:

Online bookmakers operate in a fiercely competitive digital environment, which pushes them to offer better odds than retail bookmakers.

But why does this happen?

Because online platforms don’t have the physical overheads that brick-and-mortar outlets do, they can afford to pass on those savings to customers in the form of better odds.

Unmatched Bonus Opportunities:

While retail bookmakers do offer promotions, the sheer scale and diversity of bonuses online are unmatched.

From risk-free bets and enhanced odds to deposit bonuses and loyalty rewards, these offers can significantly boost your betting value.

It’s not just about quantity, though; online bonuses often come with more favourable terms, making them genuinely beneficial rather than mere gimmicks.

Dynamic Pricing:

Online bookmakers have the technology to adjust odds in real time based on the flow of bets, a feature known as dynamic pricing. This can create value opportunities if you’re skilled in tracking line movements and timing your bets accordingly.

Cryptocurrency Betting:

The integration of blockchain technology in online betting brings about transparency and reduces the chances of fraud. It also enables the use of cryptocurrencies for betting, offering an alternative to traditional currencies and potentially reducing transaction costs.

Guide to Online Betting in Australia

What are the best sports betting sites in Australia?

After our in-depth research, we have discovered that the five best Australian bookmakers available to online sports bettors are:

MyStake is the best sports betting site in AUS overall, while Winstler excels with some of the best odds. MyStake has the best bonuses of all the Aussie betting apps, while Rabona has the widest range of online betting options. If you’re a crypto bettor, then Cloudbet is the best option for you.

Are Australian sports betting sites safe?

So long as you are using licensed and reputable Australian sports betting sites, then the answer is yes – Australian bookmakers are indeed safe.

What are the most popular sports to bet on in Australia?

Australian sports punters enjoy betting on a wide range of sports, and some of the most popular sports to bet on include Australian Rules Football, Rugby League (NRL), and Soccer. Other popular sports for betting include Horse Racing, Basketball, Tennis, and Motor Sports. Interestingly, despite being an American sport, American Football also seems to have a significant betting audience in Australia.

Comparing the Top 5 Australian Sports Betting Sites

Here is a brief recap of the highlights you can expect from the 5 best betting agencies in Australia:

MyStake: The best bonuses and promotions of all the online betting sites in Australia. MyStake ranks among the best sports betting sites thanks to a $500 welcome bonus and a generous 3+1 free bet offer.

Rabona: Rabona stands out by offering 5000+ daily betting markets across 40 different sports and non-sports categories. As a new bettor, you can claim up to a $150 bonus on your first deposit.

Cloudbet: The best Australian betting site for crypto users, offering support for a wide range of digital coins and a very generous 5 BTC welcome pack.

Gxmble: This betting site scored the highest rating in all categories that we tested it on by offering some of the best odds among Australian bookmakers, generous bonuses with low wagering requirements, and a seamless live betting experience.

Winstler: Winstler comes hot at #2 with some of the highest odds for the world’s most popular sports – including Aussie Rules. Put simply, this bookie will almost always offer bigger payouts from your bets compared to other bookmakers.

How to Join Australian Betting Websites and Place Bets

Joining Australian betting sites is a 5-minute process. Here’s how it’s done at Gxmble, although you can use the same steps to sign up with most online betting agencies in the country.

  1. Register Your MyStake Betting Account
  1. Make Your First Deposit
  • Enter the cashier and select a payment method.
  • Fund your account and claim the sign-up bonus.
  1. Start Betting
  • Enter the Sports Betting section and check the available markets.
  • Form your betting slip and bet online!

Tips and Strategies for Australian Sports Bettors

Once you get started at a reliable betting site, it’s important that you’re making informed bets and that you manage your bankroll properly.

Check our tips below to make the most of your online betting experience.

Exploit Market Inefficiencies:

Betting markets are not always perfectly efficient. Public sentiment, recent performances, and other factors can lead to over or underpricing of certain events. By spotting these inefficiencies, you can place value bets with higher potential returns.

For example, a team might be undervalued because they’ve had a few recent losses, but if these losses were due to extenuating circumstances like key player injuries or tough competition, their true odds of winning might be better than what the bookies are offering.

Take Advantage of Advanced Metrics:

Traditional stats only tell part of the story. Advanced metrics provide a better perspective on team and player performance.

For instance, in football, Expected Goals (xG) provide insight into the quality of chances created and conceded, going beyond basic goal counts. Similarly, in basketball, Player Efficiency Rating (PER) takes into account various aspects of a player’s performance.

By understanding these metrics, you can gain insights that aren’t obvious to the average punter or even some bookmakers.

Master the Art of Bet Hedging:

Hedging is a risk management strategy where you place a new bet to offset potential losses from an existing bet. It’s particularly useful in live betting when the dynamics of a game change unexpectedly.

For example, if you’ve bet on a team to win and they score early but then lose a key player to injury, you might hedge by placing a live bet on the other team to limit your potential losses.

Explore Prop Betting Markets:

Proposition bets, or prop bets, involve wagering on specific events within a game rather than the outcome itself.

These markets are often overlooked by casual punters, but with thorough knowledge and research, they can offer excellent value. For instance, you might bet on a particular player to score a goal or on the number of yellow cards in a soccer match.

Ready to Get Started at Australia’s Best Betting Sites?

Now that you know what the best Australian betting sites are – it’s time to join one!

Based on our research, there’s no better bookmaker to join than MyStake if value is what you seek, but based on the sports you wish to bet on or the types of bonuses you are looking for, any of the other Australian sports betting sites might be a better fit.

Whichever sporting events you end up betting on and whichever of the popular betting sites you join, just remember to have fun and wager responsibly.

The information on this site is for entertainment purposes only. Playing online casino games should always be about fun. Please remember that our guides and all gambling sites are only for people who are 18+. Also, check with local laws to find out if online gambling is legal in your area.

If you have a gambling addiction problem or anyone you know does, call the National Gambling Helpline at 1800 858 858. In addition, the following free gambling addiction resources can be of help:

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