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Luxbet Review

Thinking about joining Luxbet?
Be sure to read first read out Luxbet review below, and use our joining offer link to receive a market leading $150 bonus bet which you can split and bet how you please.

Introduction

Luxbet was launched in October 2008 as an online-only subsidiary of Tabcorp Holdings (who also operate TAB), offering markets that Tabcorp was prohibited from offering through their TAB storefronts (like entertainment markets). With limited advertising presence, Luxbet targets customers through competitive sign-up bonus bet offers and a service that is underpinned by the famous Tabcorp brand.

Joining Offer

Below is an exclusive and fantastic $150 joining offer that Betucate has sourced for you. Luxbet also offers bonus bet splitting, meaning there’s a great chance to maximise your return. Find out how to make the most money from bonus bets.

Compare joining offers for all bookmakers here.

Promotions

Luxbet does not offer the same volume of betting promotions as much as market leaders like Sportsbet, William Hill, or Ladbrokes. They do offer some cash-back specials on Soccer, NFL, and NBL multis if you place 4 legs or more, but certainly nothing groundbreaking.

For a complete list of promotions across all bookmakers, please check out our complete list of Australian money back and bonus bet offers.

Big Bash Win Bonus

Receive a matched bonus bet up to $51 if your team wins and scores 180 runs

Joining Bonus

$150

Exclusive Joining Link

Odds

Based on our cross sport analysis, we found the odds for Luxbet (with an average bookmaker margin, or ‘house edge’ of 4.8%) to be similar to the market average for online Australian bookmakers (4.7%). Remember that for punters, a lower bookmaker margin is preferable.

Luxbet Bookmaker Margin - Luxbet Joining Offer - Luxbet Review

Rating: 8th/13

Market Coverage

Our analysis found that Luxbet is about average when it comes to the range of sports markets they offer compared to other Australian bookmakers. When it comes to betting options within these markets, Luxbet is similarly average, and nowhere near the level of the market leaders such as Sportsbet, Be365, Crownbet, or William Hill.

Luxbet Market Coverage - Luxbet Best Joining Offer - Luxbet Review

Rating: good

Usability

Whilst nothing special, the Luxbet user interface is intuitive and responsive on both mobile and desktop. However, navigation to the minor sports markets can take quite a long time in comparison to the better interfaces we’ve seen.

When talking user experience in general, however, one major drawback is the fact that unlike every other bookmaker, Luxbet funds cannot be withdrawn digitally from within the mobile app. Instead, a phone number to call pops up which is strange and inconvenient in this day and age.


Rating: good

Features

FeatureBookmaker DetailsRating
Live Betting
  • Traditional phone betting on a wide range of sports
Minimum Bet
  • $0.01 for website and mobile bets, minor sports markets have smaller limis
  • $20 for phone bets
Payout Limits
  • Maximum payout of $150,000 on any single or multi bet.
  • Some sports also have specific smaller limits.
Withdrawal
  • 1x turnover on all deposits required at odds of over 1.50
Multis/Parlays
  • Any combination of sports and independent events
Banning
  • Betting only on events with money back specials
  • Withdrawing all winnings immediately

Rating: great

Summary

Luxbet is a solid bookmaker that offers a decent range of markets, and odds generally in line with other Australian bookmakers. In saying that, they need to bolster their promotion offerings and improve their user experience if they’re to compete with market leading online bookmakers in Australia. With that said, their competitive $150 bonus joining offer is reason enough to create an account to take advantage of whilst you can here.

AreaRating
Joining Offer

$150

Promotions9th/13
Odds8th/13
Sports Coveragegood
Usabilitygood
Featuresgreat
Overall8th/13

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