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We take a look in to 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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Overall Rating:
Fixed Odds Rating:
Promotion Rating:
  • Australian owned/operated
  • 15 years of bookmaking experience
  • Poor odds/markets
  • Limited sporting markets
  • Poor customer service
  • Limited payment options
  • Long time to reply to email queries

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Punt123 Review

Punt123 is one of a number of wagering operators that have gone online in recent times, with the BetMakers technology being used for them to go online.

The bookmaker has been around for roughly 15 years but have recently gone online, matching up with pretty much every one of their rivals. Given they use the BetMakers technology, the website is the standard three panel format, with menu on the left, odds in the middle and the betslip on the right.

Their logo/brand is a standout compared to some of their rivals. The problem is that they are relatively unknown. They don’t have any notable social media as far as I know so promoting themselves and trying to attract punters is something they are seriously lacking, so that is an aspect of their work model that needs work.

Racing is their expertise, so with that, their racing markets are strong in terms of the meetings they cover, both Australian and overseas meetings. The knock is that their odds don’t stack up with their counterparts. They cuddle their prices and aren’t willing to take something on.

Their sporting markets are really poor compared to others. They cover the bare minimum of sports, although they do cover the main ones for Australian punters ie AFL, NRL and NBA. That said, their markets on certain sporting events are ordinary. A good example of this is the NRL Grand Final between the Panthers and Eels. Big boys like TAB and Sportsbet have 150 markets on the game. Compare that with Punt123, they only have three markets available. When you line that up with the rest, that is shocking and nowhere near good ending, especially given they also have same game multi as a betting option.

The promotions they have cover both racing and sports, but they aren’t that great relative to their rivals. They are a bit limited and they are nothing to get excited about. To try and entice new punters, if it’s not going to be decent odds/markets, then promotions need to be much better.

They have live vision of racing, thanks to Sky Racing, but they don’t cover all the meetings, like bookies such as Ladbrokes and Bet365 do, but it’s okay for a new website. The customer service is poor. Numerous reviews on app pages suggest that their customer service representatives are rude and don’t have patience. Customer service is paramount, no matter what business you’re involved in, so the fact it’s poor, from what I can read on app reviews, is a huge concern.

Should I Bet with Punt123?

Overall Punt123 really does not offer punters anything more than bookies such as NedsLadbrokes or betr 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 Punt123?

Betting with Punt123 is fast and simple to do. Simply register at Punt123, make a deposit and you can be start betting. View our full list of Australia's Best Betting Sites here.

Should i bet with Punt123?

Punt123 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 Punt123 review here.

Do Punt123 offer a sign-up bonus?

No. Punt123 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 Punt123.

Punt123 Information

Website: Punt123
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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