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Review of Luxbet.com.au

Launched in Australia in 2008, LuxBet has been licensed by the Northern Territory Racing Commission. Having existed for just under a decade, LuxBet has successfully emerged as the leading destination favoured by punters when betting on races and sports. At its inception, LuxBet began with a clear vision – setting the benchmark for prices, products and services in the Australian gambling industry. Today, in addition to premier payouts on racing products, it provides clients with one of the most versatile markets for sporting events. Whether you’re a high roller or a low stakes enthusiast, LuxBet is dedicated to providing excellence, delivering only the highest quality of service. This detailed KRUZEY review will help you figure out why you should sign up and place your next wager at LuxBet.

Minimum Bets

As per the industry standard, the minimum amount to be wagered depends on the type of bet you place with LuxBet. If you choose to bet through the internet, the minimum wager accepted is $1. When placing an online wager at LuxBet, be aware that your bet will only be considered as accepted when you are issued a reference number through the website. For Greyhound, Harness and Thoroughbred races, any bets placed via telephone require a minimum of $20. Similarly, the minimum amount for any bets on an approved sporting event made through the telephone is $20.

Promotions

Regardless of their personal preference for betting on horse or sporting events, every gambler loves some bonus bets action. Fortunately, when you simply sign up with them, LuxBet offers an appealing bonus on your first deposit. All you need to do is deposit up to $50 in your LuxBet account when you join the site and you can enjoy an incredible matched deposit of $150 in bonus bets! Once you’ve made the deposit and are eligible, you will receive your bonus bet within a day. Wager you Bonus Bet as a single bet of $10 at odds $1.50 or above. If you’ve got a winning bet, you will receive the prize minus the original stake. When you’re ready to cash out your winnings, remember to turn it over at least once at odds of $1.50 or higher. However, you should take advantage of your amazing bonus bets within 30 days of receiving them. Hurry up and do not miss out.

If you’re a fan of betting on horses, LuxBet has plenty in store. Offering race specials round the year and headline offers for major Racing Carnivals, as a LuxBet member, you can earn plenty through weekly specials. You can start with LuxBet’s Best of the Best, which guarantees the best price between three totes and the official Top Fluctuation on course, meaning you can secure the top price, each time. If you’re interested in country, metropolitan or provincial races, with LuxDiv, you can land the best among three Totes and the official Starting Price on the course. Plus, you can bet at any time, right until the jump. Enjoy fixed odds on Australian horse races and a selection of greyhound, harness and international horse races with LuxFixed.

On the other hand, for those with a voracious appetite for sporting events, the members’ weekly specials for online betting at LuxBet are nothing short of remarkable. As a fan of AFL, you can appreciate the great odds and numerous markets, not to mention coverage of events such as the Grand Final. If you relish the rugby league, you’ll find an extensive NRL betting market at LuxBet. Moreover, you can always indulge in some soccer thanks to LuxBet’s offers on leagues, matches and fixtures.

Deposit Methods

When it comes to funding your LuxBet account, you will find a number of simple deposit methods. Fortunately, when you choose to deposit funds through any of these methods, LuxBet does not charge you any fees. However, the deposits you make into your account are required to be turned over before you can cash them out. Credit cards such as MasterCard and Visa are accepted at LuxBet. They are a quick means to make deposits and to begin placing wagers immediately.

If you prefer eWallets, then by using your Skrill account (previously known as Moneybookers), you can instantly transfer funds for making deposits and for withdrawals. POLi internet banking also provides a secure channel for processing funds into your account, directly from your bank account. If you are comfortable with the wait, you can even deposit funds through BPAY or direct bank transfer, which require about 2-3 business days for processing. It is recommended to ensure you provide your unique LuxBet username for each transaction through BPay or bank transfer.

When it comes to cashing out your winnings, you can transfer the funds in your betting account to your Australian bank account and you will not incur any charges. You should allow 1-3 days for your withdrawal to be processed. It is important to bear in mind that while you can begin betting with LuxBet immediately after you make a deposit, you’re required to provide proof of identification within a 90-day period from opening your account. Apart from risking suspension, you will be unable to withdraw any funds unless you fulfil this requisite.

Live Streams and Betting

LuxBet is owned by TabCorp, a diversified organization that manages a significant operation within Australia’s gaming industry. TabCorp also manages leading brands Sky Racing and Sky Sports Radio. When you sign up as a member at LuxBet, you can enjoy unmatched access to live streaming and audio of horse races being held around the world. There are dedicated phone lines for both racing and sports bets. For racing, you can call 132 589 and for sports you should dial 134 238.

Website, Betting Types and the Markets

The LuxBet website makes use of a horizontal layout for its navigation menu. By default, you can view two rows that include tabs to a Racing Menu, Feature Racing, TV Games, Live Betting, Soccer Matches, Basketball etc. You can click “More” for the full list to be displayed. While this design does vacate space for displaying odds, it can be a slight nuisance for newcomers when trying to locate their desired sports. Incidentally, LuxBet has thought out your troubles in advance and has planned for the menu to be customizable. Simply select your desired sports manually and save yourself some time if you favour betting on an uncommon sport.

You will find the betting slip to your right. As opposed to common practice by other bookmakers, LuxBet requires you to confirm your wager on the next page rather than the initial page. Upon clicking the “Place Bet Now” option, you will be directed to a betting slip spread on a full page. Type in your stake and receive an automatic calculation for potential winnings and your total stake. The Quick-Bet opt-in allows punters to place single wagers without adding to their bet slip. Overall, the LuxBet website is uncluttered, simple and straight-forward. Users can enjoy the calming grey and green theme, while getting access to some of the best markets for all kinds of racing events and sports, including the Spring Carnival, the Melbourne Cup, cricket, golf, motor sports and tennis. If you’re logging in through your mobile, you can make use of the “lite” version, accessible on a mobile browser or download the app for your Apple mobile device.

Customer Service

Customer service at LuxBet is outstanding on account of the friendly and knowledgeable staff available to help you with your queries. You can contact them directly through the telephone at 1300 589 238. The phone lines are operated Mon-Sat from 8 AM to 10 PM and 8 AM to 6 PM on Sundays. You can also send your emails at CustomerService@luxbet.com. Alternately, users can launch Live Chat, if required. An extremely beneficial help portal is also available for your reference. Additionally, LuxBet hosts a first-rate blog where you can get the latest reviews and news on sporting and racing events.

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