We take a look in to 123Bet.com.au and give an honest review on their betting products and platform and detail why you should or shouldn't bet with them.
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- Betting Tools
- More Meetings Covered
- Easy Verification
- Different Markets
- Sports Coverage
- Poor Customer Service
- No Live Streaming Of Racing/Sports
- Limited Banking Options
One of the newer betting websites in Australia is 123Bet, recently joining the Australian betting landscape, and there looks to be good potential based on early signs with how they have set up the betting website.
Down below is a comprehensive review of 123Bet and what they do well, what they can do better and why punters are gravitating towards them.
Why Are 123Bet Popular?
They don’t just cover the meetings covered by the TAB. They cover international meetings too, whether it be from Japan, Europe or the US. Punters like to have plenty of options when it comes to betting so having that available is a big tick.
What is available to new customers is a set of betting tools, where there a bunch of stuff available for punters to use, whether it be Boosted Odds, Bet Returns and stuff related to Same Race/Same Game Multis. Great thing to have available.
The verification process of the account can be quite frustrating but thankfully with 123Bet, it is a very simple process that only takes a few moments. You only need to sign up to give your account the green tick and then you’re up and running, ready to bet.
Why We Like 123Bet
They have a different range of markets available for certain race meetings, not just the Tote/BSP markets. They have a favourite out market available, as well as odds where you get your money back if it runs second. Can’t think of a new bookie that has this, so that’s a big tick.
They do cover a decent range of sports vs other new bookies, who can be quite limited when it comes to the sports they have available, but 123Bet have plenty to choose from, not just the main ones. They also cover the more obscure sports.
You see with some of the big bookies, they “groom” punters to bet with them without really much care when it comes to responsible gambling. 123Bet are very good at responsible gambling with a detailed section for punters who are struggling and need help. That is a big tick compared to not just their newer rivals but some of the leading corporate bookmakers.
Why We Don’t Like 123Bet
Understandable that they are relatively new in setting up, but there are very limited promotions in terms of money back offers. The way the betting landscape is, promotions are king, and yes, the betting agency is new, it is something that needs to be seriously addressed asap if they want to get up and running, otherwise they may as well shut up shop.
Only a quick experience to review the bookie, but the experience with their customer service via live chat was poor. The person I was speaking to seemingly had no idea what I was talking about and had to to pass my queries onto someone else. That’s concerning.
They don’t have live streaming for both racing and sport. Being able to bet and watch at the same website/app and not having to flick through from one to the other is a big advantage, so 123Bet not having that is disappointing and that would be a factor as to why punters wouldn’t want to bet with them given how important that can be.
6 Reasons To Bet With 123Bet
1.Different Markets
They have a different range of markets available for certain race meetings, not just the Tote/BSP markets. They have a favourite out market available, as well as odds where you get your money back if it runs second. Can’t think of a new bookie that has this, so that’s a big tick.
2.Betting Tools
What is available to new customers is a set of betting tools, where there a bunch of stuff available for punters to use, whether it be Boosted Odds, Bet Returns and stuff related to Same Race/Same Game Multis. Great thing to have available.
3.Responsible Gambling
You see with some of the big bookies, they “groom” punters to bet with them without really much care when it comes to responsible gambling. 123Bet are very good at responsible gambling with a detailed section for punters who are struggling and need help. That is a big tick compared to not just their newer rivals but some of the leading corporate bookmakers.
4.Verification Process
The verification process of the account can be quite frustrating but thankfully with 123Bet, it is a very simple process that only takes a few moments. You only need to sign up to give your account the green tick and then you’re up and running, ready to bet.
5.More Meetings Covered
They don’t just cover the meetings covered by the TAB. They cover international meetings too, whether it be from Japan, Europe or the US. Punters like to have plenty of options when it comes to betting so having that available is a big tick.
6.Sports Coverage
They do cover a decent range of sports vs other new bookies, who can be quite limited when it comes to the sports they have available, but 123Bet have plenty to choose from, not just the main ones. They also cover the more obscure sports.
How can I bet with 123Bet?
Betting with 123Bet is fast and simple to do. Simply register at 123Bet, make a deposit and you can start betting. View our full list of Australia's Best Betting Sites here .
Should I bet with 123Bet?
123Bet is one of the leading online bookmakers in Australia and we highly recommend them for all horse racing and sports betting. Their desktop site and mobile app make it simple to place a bet on any race or sporting event. View our full 123Bet review here.
Do 123Bet offer a sign-up bonus?
No. 123Bet do not offer new customers a sign-up bonus. New legislation prevents bookmakers giving new customers incentives but that does not mean you should not bet with 123Bet.
123Bet Information
| Website: | 123Bet |
|---|---|
| Rating: | 79/100 |
| Transaction fees: | None |
| Deposit Options: | Debit Card, PayID |
| Withdrawal Options: | Bank Transfer |
| Minimum deposit: | $10 |
| Minimum withdrawal: | $20 |
| Minimum bet: | $0.50 |
| Odds format: | Decimal |
| Languages: | English |
| Currency: | AUD |
| Deposit turnover: | 100% |
| Support: | Live Chat, Email |
