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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 review will provide a full overview of the features and betting products provided by Luxbet. We’ll also explain why you should join as a new customer. Continue reading our Luxbet review.
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Luxbet welcome bonus
Currently, Luxbet is offering $150 in bonus bets when you deposit $50 as a new customer. The Luxbet bonus offer is only available for QLD, TAS, ACT and NT customers.
Luxbet have introduced a bonus bet splitting feature, so you can choose how much of the bonus you would like to wager per bet. The amount must be over $10 per split and bonus bet earnings must be turned over at $1.50 or more before the funds can be withdrawn. The expiry date of the bonus bets and turnover is strictly 30 days.
Read on for our Luxbet review of the betting markets provided for sports and racing.
Luxbet’s main focus is racing and their desktop website is designed in that way. On the homepage, you’ll find next to jump races and the main menu is dominated by racing markets. Luxbet has 8 different bet types available for racing, such as Best of the best which matches the price of the top fluctuation. They always have a number of promotions for popular upcoming races on the weekend and throughout the week. An example of a horse racing promotion is receiving a bonus bet if your horse comes 2nd or 3rd in a race.
On the sports side, Luxbet provide a wide range of markets for all major sports around the world. For Australians, Luxbet has a number of markets for upcoming AFL or NRL matches, as well as providing future markets on the Premiership winner/end of season awards. Luxbet also has future markets and outright betting for all other major sports, such as NFL Superbowl winner or EPL season winner. In terms of promotions for sports, Luxbet mainly promote multi specials on upcoming sport events.
Along with most of the competition, Luxbet does provide a quick multi building option. The Luxbet quick multi feature is handy for easily building multiple bets per sport. For your convenience, the quick multi is pre-defined with all the favourites in each sport. To change an option, simply click on the checkbox next to the option. Once the multi is complete, enter a betting stake and confirm the bet through the betslip.
The odds provided by Luxbet are competitive with the likes of Sportsbet and William Hill. We found Luxbet to offer similar odds per match in the AFL to William Hill, while Sportsbet was much different. This is an example of odds from an AFL Round 1 match between Carlton and Richmond in 2017.
In our experience with Luxbet, they can be slow to add odds for upcoming races and sports, compared to other Australian bookmakers. Luxbet review their markets to provide betting for only the next three days, while Sportsbet will have markets up for the next 3-5 days.
Luxbet mobile app
If you’re looking to bet on your mobile device, Luxbet has a mobile app available for download on popular devices. The Luxbet mobile app comes with a few unique features which makes it stand out from the crowd. The app is available on both Apple and Android devices, they also provide a mobile website which can be accessed in your web browser.
Racing Radio – A unique feature available through the Luxbet app is racing radio, which provides a live radio stream of big races.
QuickBet – The quickbet allows you to bypass the bet slip and quickly place a bet. If you’re running out of time before a race starts, this feature is definitely useful.
Four-digit Pin – Much like their competitors, Luxbet also provides a handy four-digit pin login option.
Live betting – With the Luxbet app, you can live bet on the latest sports events. The markets available consist of the main bet types of head-to-head and line betting, as well as more exotic markets.
In terms of deposit options, the Luxbet app currently only only offers a credit card deposit. Meanwhile, withdrawing can only be completed through an EFT transfer.
You can read our Luxbet review of the mobile app in full to get more details.
Live betting & streaming
In conjunction with the NBA, Luxbet provides a live stream of all live NBA matches. This is available on the Luxbet mobile app.
Luxbet has a live betting option on both the mobile app and desktop website. The live betting markets range from the basic options of head-to-head and line betting, and a vast range of exotic markets. All live bets must be processed via a phone call.
Luxbet provides all the major deposit options you would expect from a bookmaker and they don’t charge any deposit fees. The credit card option is the quickest method of depositing funds. On the other hand, BPay and direct bank transfers can take 2-3 working days to complete.
- Direct Bank Transfer
Luxbet have a dedicated phone line for three main categories; racing betting, sport betting and customer service. All three options have a phone number available for Australian and International customers.
They also provide a live chat option for resolving issues. The live chat option only deals with basic requests and you’ll most likely have to call Luxbet anyhow. They operate from 8am to 10pm on Monday through to Saturday, closing a bit earlier on Sunday at 6pm from 8am.
Luxbet review: Overall verdict
In summary, Luxbet is an adequate choice for punters looking at a new Australian bookmaker to join. They provide a range of weekly promotions, competitive odds and more.
Join Luxbet today and enjoy the welcome bonus on offer as a new customer!
|What we like||What we don’t like|
Backed by Tabcorp.
Known for restricting high earning accounts.
Competitive odds for sports and racing.
Slow to display odds for upcoming sports/racing.
Weekly specials – sports and racing.
Limited mobile app options for deposits/withdraws.
Thanks for reading our Luxbet review.