Luxbet Review

Luxbet promo codes have made a big splash since they were first released to the punting public.

Their best current offer for new sign-ups is up to $150 in Bonus Bets – a great matched first deposit bonus luring players to Luxbet. It’s simple to open a new account taking less than two minutes and claim this awesome offer!

When it comes to racing products one of the best is their Lux Tote +5% available on all New Zealand races, Hong Kong and Singapore races and selected races in Japan and the US!

For sporting fans the Luxbet Sports Form Zone is an invaluable resource with every fact and statistic you need to know to place a well-informed wager on everything from Basketball, Baseball, Motor Sports, Rugby League and Aussie Rules Football.Luxbet Mobile App

Luxbet are proud supporters of NSW Racehorse Owners Association, William Inglis & Son who are Australia’s leading Bloodstock Auctioneers, Thoroughbred Racehorse Owners Association and Young Professionals in Racing – meaning they have the finger on the pulse of horse racing in Australia!

In the sporting world Luxbet support the South Sydney Rabbitohs and always have top NRL odds on offer across the season.

One thing that sets Luxbet apart from many other Australian online bookmakers is that they have no minimum deposit so you can get an account up and running without worrying about how much you need to kick off!

They also have multiple currencies to make it easier for those operating outside of the Australian Dollar, but English is the sole language used on the site.

There is plenty of different deposit options with Luxbet, but they only offer Bank Transfer and Paypal when it comes to withdrawing money from your account.

A new feature at Luxbet is the Cash Out option giving the power back to the punters when it comes to snapping up an early payment for a pending fixed odds bet before the final result is known. Take the risk out of your wager!

Also now available at Luxbet is Bonus Bet Splitting, an exclusive to the site that give you the chance to divide your Bonus Bets into smaller stakes or put them together for a bigger punt!

All of this plus Luxbet is backed by Tabcorp so you can trust the brand, the reputation and know that you will get a top class experience betting-wise.

For racing fans, there is the Luxbet BOB – that stands for Best of the Best –  gets you the best of the three totes. In addition to BOB, a lot of people have been looking for Luxbet free bet offers such as a ‘Luxbet refer a friend program’ – however at this time it appears that this program has either been discontinued or never existed in Australia. However, the existence of a Luxbet deposit bonus, combined with the fact that you can place up to 20 leg Multi bets and regular weekly promotions makes Luxbet the ideal bookie for keen racegoers.

Further, Luxbet offer regular weekly promotions to their existing customers, up to $400 worth of free betting offers are available during any given week with their Daily Maximisers. Horse racing offers are available every week, sports betting offers vary depending on the season, fans will find refund and bonus offers on AFL, NRL, T20 cricket and the tennis.

Luxbet Services & Features

Sign Up Offers You can use the sign up link on the Luxbet home page to receive a matched bonus of $150 after you deposit $50 . Each of the bonuses can be split up into allotments of $10 or more depending on the bets that you desire. Bonuses can only be used by residents in QLD, NT, TAS and ACT regions.
Deposit Options EFT Bank Transfer, Credit card (Visa & MasterCard), PayPal, BPAY, POLi,
Withdrawal Methods Bank transfer, Paypal
Transaction fees None
Currencies Australian Dollar, Euro, GBP, USD
Languages English
Odds format Decimal
Minimum deposit No minimum deposit.
Minimum bet The minimum bet in all instances is $1.00
Maximum payout Luxbet has a maximum payout limit of $150,000 AUD but is subject to bet type.For all sport multi wagers, a maximum of 1500x the wager is allowed and 10,000x the wager for racing multis.
Deposit turnover requirements 1x
Bonus credit turnover requirements Bonus credit must be turned over once and at 1.50 odds or greater for the requirements to be met.
Bookmaker margin 4.9%
Credit facilities Available to anyone upon an application to Luxbet. The minimum credit amount is $250.
Forbidden Jurisdictions Netherlands, Hong Kong, United States, France, Denmark, Germany, Turkey, Hungary.
Mobile Friendly? There is a mobile site available at are both iOS and Android apps available to download.
Identity Verification For Australian residents wanting to sign up with Luxbet, there is a method to verify your identity online by uploading the qualifying documents. When Luxbet accepts the electronic verification then you can proceed to withdraw funds from your account.International residents must send all certified copies of verification via mail only and each document is to be translated to English.
Dormant account fees None.

With the Luxbet protest payout, you can even get paid if the horse you bet on lost on protest, how that’s for being generous?
The Luxbet bonus bet rules can be found on their website. It pays to know what you’re getting yourself into when taking advantage of a Luxbet sign up bonus.