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Here’s a strange fact about sports betting in Australia right now.
The most searched-for term about Bet365 – the referral code – is arguably the least important part of signing up.
It’s a leftover from a pre-regulation era. Today, entering a code strictly serves as an attribution tool. It does not provide free bets, deposit matches, or “hidden” rewards.
So why does the box even exist? Simple. It tells the bookmaker which website sent you.
What That ‘Optional’ Code Box Really Does
Think of the referral code like a shop assistant asking, “Did anyone send you?” It identifies the source of the traffic (attribution). At KRUZEY, we use the code KRUZEY to track our readership analytics.
The Bonus Graveyard: Why Sign-up Offers Vanished
Remember when promotions like “Bet $50, Get $150 Free!” were everywhere? Those offers are now illegal in Australia.
This wasn’t a business decision by Bet365; it was a federal regulatory overhaul known as the National Consumer Protection Framework (NCPF). Under the NCPF, “inducements” to open an account are strictly prohibited.
Signing Up in 2025: A Different Ball Game
If you haven’t created a betting account in several years, you will notice the process has changed to prioritize safety and compliance.
- Registration: Standard details. The referral code field is optional.
- Identity Verification: Bet365 uses GreenID for instant verification. If this fails, you may need to manually upload ID.
- Deposit Limits: You will be asked to set a deposit limit before you bet. This is a mandatory responsible gambling feature.
- Funding: Credit cards are banned for online wagering (as of June 2024). You must use Debit Cards, PayPal, or PayID.
The Real Value: Why Punters Still Choose Bet365
Without bonuses, bookmakers must compete on product quality. Bet365 is widely used in Australia because of its utility features:
1. Extensive Live Streaming
Bet365 broadcasts thousands of events annually, including major European Soccer leagues, Tennis, and US Sports. (Note: You must have a funded account or have placed a bet in the last 24 hours to watch.)
2. Market Density
They offer a large range of markets on niche sports, from Table Tennis to Esports, which some local Australian bookmakers do not cover in depth.
Frequently Asked Questions
For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au
