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Overall Rating:
Fixed Odds Rating:
Promotion Rating:
  • Australian owned
  • Slick website layout
  • Best tote for Australian gallops
  • Daily promotions
  • Fast response time re customer service
  • No live vision
  • No phone contact

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MidasBet Review

If you’re bored of betting with wagering operators that use the BetMakers technology, then read on because you’ll be impressed by what the newly formed MidasBet has to offer.

They launched in July 2022 and are Australian owned, offering something up totally different compared to the BetMakers technology, with a slick layout on the website, prodominantly black with white writing and red edges, so the font is easy to read and what you’re looking for is easy to spot.

The massive tick for them is that they offer best tote across all Australian horse racing meetings, something that is rarely seen from any other bookmaker. Some bookies offer best tote on selected race meetings, but with some other meetings, they only have mid tote, but MidasBet has best tote for any meeting, whether it be a Group l meeting at Flemington or a six race card at Bowraville.

Their website is very punter friendly. There is a next to race ticker at the top, so punters won’t get to miss out on a race, with the upcoming events just a click away. There is also a next to race ticker on the left hand side, and you can selected which races you want to see coming up, whether it be horses, greyhounds or trots, or all three. Pending bets can be seen and finalised in the right hand corner of the page, so from a layout perspective, it’s sharp.

Unfortunately, they are yet to set up an app so it’s just the website they have at the moment, but unlike some betting agencies, the website actually is solid enough to view on a mobile device. But most punters do prefer betting via an app, so I’d assume that will be the next step for MidasBet.

Sign up bonuses are dead and buried, but unlike most, once you do sign up to MidasBet via Just Horse Racing, you will then be eligible to receive good promos across both racing and sports available exclusively to MidasBet, most of which will be emailed to you directly.

Promotions are a big component to entice punters and MidasBet are quite good in that area. They offer daily promotions for both racing and selected sports. They can be seen on the website, or if you prefer email/sms, that be chosen in your settings once you login.

Some of these new wagering operators just have a website/app, and that’s it. No mention of what they’re about and what they offer. MidasBet stand out for a new bookie. They have an About Us and a Frequently Asked Questions page, where everything you need to know or want to ask is answered in those two pages. The customer service is strong, with email available along with live chat, where the response time is fast.

Should I Bet with Midasbet?

Overall Midasbet really does not offer punters anything more than bookies such as Neds or Ladbrokes who we would definitely recommend punters bet with instead but if you are looking for a new bookie we would recommend swiftbet, Palmerbet or PlayUp.

Online bookmaker Unibet are also offering a $200 matched bet when you sign-up so make sure you check them out.

How can i bet with MidasBet?

Betting with MidasBet is fast and simple to do. Simply register at MidasBet, make a deposit and you can be start betting. View our full list of Australia's Best Betting Sites here.

Should i bet with MidasBet?

MidasBet 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 MidasBet review here.

Do MidasBet offer a sign-up bonus?

No. MidasBet 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 MidasBet.

MidasBet Information

Website: MidasBet
Rating: 79/100
Transaction fees: None
Deposit Options: Credit Card/Debit Card, POLI
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
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