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Luxbet is no longer offering betting services. Find the right online bookie for you by looking through our selection of the best betting sites in Australia.
The following Luxbet deposit guide will provide a full overview of Luxbet payment options, how to verify your account, how to withdraw and more. Luxbet is an Australian bookmaker and they’re backed by Tabcorp. Tabcorp owns the TAB, Sky Racing and Keno, so you can be assured Luxbet is a great option for betting.
Step by step guide to payment
In this section, we’ll provide you with full instructions on how to successfully make a Luxbet deposit or Luxbet withdrawal. Luxbet provide markets for the latest racing and sports events around the globe. They also provide a well designed mobile app for betting on Apple and Android devices. They have suitable amount of Luxbet payments options and this guide with help you choose the best.
How to make a deposit
As mentioned above, Luxbet currently have 5 deposit options through the desktop website. On the mobile app, the only option available is a Luxbet deposit via a credit card. Here are our instructions for depositing:
- Login to your Luxbet account
- Select the deposit button at the top of the desktop website. For mobile, click the top left icon and select deposit in the menu.
- Select a deposit option.
- Enter your details and set the deposit amount.
- Funds enters your account for betting online at Luxbet.
For new Luxbet customers, you can enter a promo code during registration and you’ll receive a welcome bonus once the account is setup.
How to make a withdrawal
Below is a step by step guide for the Luxbet withdrawal process. A key step before withdrawing is making sure your account is verified with Luxbet first, otherwise you won’t be able to withdraw funds.
Also keep in mind, Luxbet have turnover requirements for making a withdrawal. The balance must be turned over or bet with at odds of $1.50 or greater before a withdraw is accepted.
- Visit your Luxbet My Account page and select Withdraw.
- Enter the withdrawal amount.
- *Select the account for the withdrawal.
- Enjoy your earnings
*Please note that your initial withdrawal will be deposited into your credit card account. Future withdrawals can be deposited into a nominated account of your choice.
Luxbet Payment options
In this section, we’ll review all the Luxbet payment options for making a deposit into an account. Luxbet payment methods don’t charge payment fees and there are no minimum or maximum deposit limits.
|Payment method||Minimum deposit||Maximum deposit||Payment fee||Processing time|
|Credit Card||None||None||$0||Instant Funding|
|eWallet (Skrill)||None||None||$0||Instant Funding|
|Pay Online (POLi)||None||None||$0||Instant Funding|
|BPAY||None||None||$0||1-3 days to clear|
|Bank to Bank||None||None||$0||1-5 days to clear|
Luxbet withdrawal methods are currently only a transfer into a bank account. However, they don’t charge any fees.
|Withdrawal method||Minimum withdrawal||Maximum withdrawal||Payment fee||Processing time|
|Bank Transfer||Unsure||None||$0||1-3 days (Australia)|
The depositing options available at Luxbet are: Credit Card, eWallet (Skrill), POLi, BPAY and Bank transfer. The credit card option allows you to save a card on file for quick depositing, which is handy in times of urgency. It’s also one of three options that provide instant funding, which includes: eWallet and POLi.
Both banking options take longer to deposit funds as BPAY can take 1-3 days to clear and Bank transfers could take up to 5 days. We would recommend the Credit Card option. For a Luxbet withdrawal, you’ll need to complete an ID verification process before any funds can be accessed from your Luxbet account.
FAQs – Questions concerning payment
1.Are payments secure at Luxbet?
The Luxbet website has a Security Certificate installed which protects your entered payment information from hackers or scrapers. Luxbet is one of the strictest bookmakers in terms of their verification process which shows they value online security. All payment methods require a two-step process and can be easily cancelled before a payment is authorised.
2. Which currencies are available on the site?
AUD is the only currency permitted for depositing or withdrawing amounts through an Australian Luxbet account. For International customers, Luxbet provides USD, UK Pound, Singapore Dollar and Euro currency methods.
3. How can I set a deposit limit?
A weekly deposit limit can be setup in the edit account section on the Luxbet website. You can also freely change your account details and statement delivery method at any time. The deposit limit option can only be changed via the desktop website.
4. What is the customer verification process?
Luxbet require all customers to verify their ID for added security and confirms your registration details. Withdrawals can’t be made until you’re verified by Luxbet and becoming verified is a major factor for new Luxbet customers. The verification process can be completed either online or through the post. You will need to provide ID documents stating your name and residential address, such as Birth Certificate or Driver’s License. The verification process takes around 1-2 days and once reviewed, you’re free to enjoy all the benefits of betting with Luxbet.
5. I haven’t received my withdrawal yet, what should I do?
In the occurrence of a missing withdrawal, the best option is to contact Luxbet’s customer service and provide an explanation of the problem. You will be required to provide your account id (top left on the website), date of the withdrawal request and your name.
Luxbet – Customer Service
Luxbet have a dedicated phone number for both racing and sports betting. They also provide a phone number for each in Australia and Internationally. The phone line is available 24 hours, 7 days a week.
They also provide a live chat support service for sorting out quick issues with your account. When we tested the live chat service, it took just a few seconds for a response from an operator, which was impressive compared to other bookmakers. Apart from live chat, you can give the Luxbet team a call or send the support team an email describing your request. Customer Service hours of operation:
- 8 am to 10 pm, Monday to Saturday
- 8 am to 6 pm Sundays (Australian Eastern Daylight Savings time)
We would give Luxbet a 5/5 in terms of their customer service. They provide a range of contact methods and they show care when dealing with any issues.