EliteBet Review (December 2024)
"Excellent old-school bookie with great platform and products"
Robin Sydney, OnlyRacing expert
Top Features
- Hot Bet - Back the Bets of Winning Punters
- Elite Boost and Elite Rewards
- Same Race Multis
- Outstanding customer service
- extensive array of racing markets
- Right Dividend +
- Unique products
- Fast Withdrawls
- No live betting
- Limited deposit methods
- Deposit was slow from my bank
Top Payment Methods
Top Betting Types
My Verdict
EliteBet is most definitely up there with the elite in terms of online betting options in my humble opinion.
There is so much to like about betting with this platform, not least the EliteBet app which makes betting on the go a breeze, ensuring you never miss out on the action.
The Hot Bet product truly adds a fantastic point of difference, and yes it might be a little overwhelming at first as there are so many tips, but there really is a tipster there for everyone, no matter what your preferred style of betting is. From favourites to roughies, this feature has you well and truly covered.
The customer service is excellent and you totally get the feel that there are real people behind the online interface. The EliteBet contact team have been super responsive whenever I have reached out, and I have had a number of emails from them with various bonuses being offered, including potential EliteBet deposit bonuses.
All in all I fully encourage you to follow the instructions below for EliteBet sign up, and give this most excellent betting site a go for yourself, after having read this EliteBet review.
My Score: 8.8/10
Score Breakdown
Betting Offerings - 9 /10
This is a 9/10 for me as they offer everything that you would generally expect and or want in terms of betting markets for both Australian and International racing.
Banking Options - 6/10
EliteBet has limited banking options for both deposit and withdrawals with Visa / Mastercard and Bank Transfer available for both. Other betting sites often have more options, but these are tried and tested and work for most obviously.
Mobile Experience - 9/10
The EliteBet app is slick and easy to use. No complaints.
Withdraw Speed - 9/10
I would say that EliteBet withdrawal time is on par or just above with most online betting sites. There is only credit card and bank transfer available but they try to process customer withdrawal requests 2-3 times a day.
Typically the credit card withdrawal can take between 2-5 days after that but with the bank transfer, EliteBet use the Osko system which should ensure the funds are available as soon as processed by the team at EliteBet.
Overall User Experience - 9/10
All in all it’s a great experience and they promise a real customer service feel and to my mind that’s what you get. The unique Hot Bet product also greatly enhances the overall experience.
Customer Support - 10/10
I’m giving this 10/10. The options might be slightly limited but when you get a response to an email within a minute of sending it you can’t argue with that.
Security - 10/10
Safety and security is assured through the combination of EliteBet being licensed in Australia and the fact that they have been around for over 10 years now.
A note from OnlyRacing: Our expert writers perform in-depth research on each sportsbook to provide you with their professional, impartial opinion. However, when you click on certain links in the review and make a deposit, we may receive a commission (don't worry - this costs you nothing).
EliteBet Quick Stats
- Founded: 2012 by Elitebet Pty Ltd
- Licensed in Australia: ✓
- Live Betting: ✘
- App: Android and iOS
- Customer Support: Phone, email
- Payment Methods: Debit Card, Bank Transfer
About EliteBet
It only takes a moment after EliteBet login before you get the gist of this excellent Australian betting site - that it’s a straight up old school type bookie on a digital platform. If you hit About Us you can read this statement - ‘we genuinely pride ourselves on offering exceptional personal service that is not found in the bookmaking industry. We are an Australian-owned business where old-fashioned customer service really matters.’
That is what they say and to be fair that is what they are. When setting up my account I reached out to them on a busy Saturday afternoon via email with a quick question around deposit methods; they replied one minute later. That’s impressive!
In addition to their exemplary service, EliteBet also offers exciting bonuses and promotions to enhance your betting experience.
With a raft of betting markets and product offerings there is no shortage of interest and excitement for the avid punter, and then you add in the unique Hot Bet product and you really do have something pretty special.
Read on for more details of what Elitebet Australia has to offer but safe to say I think it’s a winner amongst online betting sites.
EliteBet Racing
EliteBet distinguishes itself as a leader in the competitive betting landscape when it comes to racing coverage. Given the fact they are very much a traditional old style bookie then this should come as no surprise. Their commitment to offering extensive and thorough coverage is clear, catering to punters who seek a comprehensive racing experience. EliteBet provides access to a wide array of horse racing events, ensuring very little gets missed..
Domestically, EliteBet excels in covering all Australian races, including the all important Group One races and horse racing carnivals. Internationally, their reach is impressive, spanning all the major racing jurisdictions of Asia, South Africa and the USA. EliteBet's global coverage ensures punters have access to the full spectrum of the horse racing world.
EliteBet's platform is designed to cater to both seasoned racing enthusiasts and newcomers alike, providing detailed insights and updates on races. Whether it's the prestigious Melbourne Cup or the Kentucky Derby, EliteBet brings the excitement of the track right to your fingertips.
EliteBet’s unique product is the Hot Bet, where you can follow the bets of successful tipsters / punters / media experts on the site, with all the tips over time validated by the Australian tip validating service theGreatTipOff.com.. Full details of how this works are on the site of course, but it really is a fantastic concept and truly sets EliteBet Australia apart in the world of online betting.
For more detailed insights into racing events and tips, you might also want to check out OnlyRacing, a comprehensive resource for racing enthusiasts, including our own exclusive free horse racing tips.
EliteBet App
Navigating through EliteBet's app is a breeze, thanks to its design that echoes the full range of features available on EliteBet's main website. The app simplifies the task of finding upcoming sports and race events, equipped with a handy filtering tool for pinpointing specific markets quickly. It's not just about browsing; the app is a one-stop solution for all betting needs, including accessing the latest promotions, managing funds through deposits and withdrawals, and staying updated with the latest betting options.
In the crowded field of betting apps, the EliteBet app stands out for its comprehensive functionality and ease of use. EliteBet app download is readily available for download on both the App Store and Google Play, making it easily accessible for a wide range of users. Whether you're at home or on the go, the EliteBet app ensures a top-notch betting experience right at your fingertips!
EliteBet: Products and Features
EliteBet has a strong array of products and features, and I’ve focussed on a few of the standout ones for this EliteBet review below.
Hot Bet
I’ve mentioned this before above, but it really is something very different that sets EliteBet Australia apart from its competitors. Yes, lots of betting sites have tips and info on the racing markets they have, but nobody does it quite like these EliteBet tips. Hot Bet is tagged with the line, ‘Back the Bets of Winning Punters!’, and that is exactly what it is. There are literally hundreds of tips on the site at any one time coming from all sorts of people in the punting world - journalists and tipsters alike.
Full details are given on the site, in terms of how successful the various Hot Bet tipsters are and how the stats are validated, but rest assured it is a legitimate service. My only reservation around Hot Bet is that it could be a little overwhelming for some as there are so many tips to choose from I can see that it might be hard to know where to start.
Protest Payout
On all Australian racing and harness racing, EliteBet offers a protest payout product to any bet on a winning runner that subsequently gets reversed in a protest.
This is great for the punter, not unique in the market, but super welcome nonetheless!
Dishlickers Dream
Place a Fixed Odds (Win) wager on any of the first five races at a NSW Greyhound Racetrack, and if your dog finishes 2nd or 3rd, your initial stake in that race will be refunded up to $50 in bonus bets.
Elite Boost and Elite Rewards
Elite Boost allows you the punter to boost the odds on any given selection that you’d like to back. These are accrued over time and you can always see what Elite Boosts you have through the Account section on the site.
Similarly, Elite Rewards are accrued for activity on the site, can be viewed via the My Account section and can be redeemed for cash for bets, with 100 points equalling a $1 EliteBet free bet.
EliteBet Betting Markets
EliteBet online provides an extensive array of horse racing markets and features, positioning it as a prime choice for horse racing betting, offering competitive fixed odds for both Australian and International horse races. It also offers tote betting with various tote products offered depending on the race, from Best Tote+ to Mid Tote.
Of course too, you can find all the expected betting markets such as Trifecta, Quinella, First Four etc etc on most if not all racing, harness, greyhounds and EliteBet also offers Same Race Multis too.
Beyond racing there is also a very wide range of betting markets on all the major sports
EliteBet FAQs
Who owns EliteBet?
‘Elitebet' is the trading name of Daniel Paolini
Is EliteBet legit?
100% and it is licensed by Racing NSW and regulated by Liquor & Gaming NSW.
What is the minimum deposit for EliteBet?
A simple $5.
Who owns EliteBet Australia?
EliteBet is owned by Daniel Paolini.
Do EliteBet offer a sign-up bonus?
Due to Australian regulations, EliteBet is unable to offer sign up bonuses but there are plenty of EliteBet offers various promotions and bonuses for loyal customers after login to EliteBet. EliteBet bonuses are part of what makes betting with them advantageous, offering extra value on various bets and events.
How can I bet with EliteBet?
Easy. Visit their official website, elitbet.com.au, or by using the EliteBet app, which offers a user-friendly interface for both new and seasoned punters.
Is EliteBet a legit app?
Yes, the EliteBet app is legitimate and is available for download on both iOS and Android platforms.
EliteBet Promotions and Bonuses
Sign-up bonuses for online betting sites are governed by strict regulations in Australia. Consequently, EliteBet cannot promote any sign-up bonuses to Australian punters who haven't registered an account.
If you're interested in discovering EliteBet promotions and offers, click here to set up an account, and soon enough you’ll be made aware of any EliteBet deposit bonus on offer.
How to Sign-up to EliteBet
EliteBet sign up is really straightforward: either head over to the website and hit the Join button, next to the EliteBet login, or download the EliteBet app from the App or Play stores and do the same.
And then complete the form and you’ll be signed up in no time, as you can see below - Join Elitebet in under a Minute!
Once completed you’ll be directed straight to the chance to deposit at which point you’ll also see what promotions and bonuses there might be available. Due to Australian regulations they are not able to entice you to sign up with bonuses but once signed up there are often some made available.
EliteBet Banking
As mentioned above, as soon as you sign up you’ll be taken to the option to deposit. If you choose to deposit later, just click on the balance link top right of the screen and you’ll go straight through to the deposit option.
EliteBet Customer Service
As mentioned in the EliteBet About section of this EliteBet review above, these guys pride themselves on their real and human customer service.
Although the options for EliteBet contact might be limited - just phone and email - they certainly are super quick to respond to email - just as they promise.
The phone option is there for phone betting - (02) 9191 7818 - and any other queries between the following hours too - 8:00am - 10:00pm, Sunday to Tuesday, 8:00am - 11:00pm, Wednesday & Thursday and 8:00am - 12:00am, Friday & Saturday.
EliteBet Odds and Margins
EliteBet prides itself on excellent and personal customer service and certainly backs it up with competitive odds for the punter.
Let’s take a look at how you would have gone backing the winner in a few races at some of the country's top tracks on a Saturday.
Flemington R5 Jan 13 2024 - Winner = Bold Soul
TAB Fixed $3.90
TAB Tote $3.60
Sportsbet Fixed $3.80
Sportsbet Top Tote Plus $3.90
EliteBet $3.90
Gold Coast R5 Jan 13 2024 - Winner = So United
TAB Fixed $5.50
TAB Tote $5.50
Sportsbet Fixed $5.50
Sportsbet Top Tote Plus $5.60
EliteBet $5.50
Rosehill R6 Jan 13 2024 - Winner = Louisville
TAB Fixed $2.40
TAB Tote $2.30
Sportsbet Fixed $2.35
Sportsbet Top Tote Plus $2.50
EliteBet $2.40
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