You’ve probably heard good stories about PremiumBet, as it has quickly become one of the most talked-about sportsbooks in Australia. But does it live up to the hype? In this PremiumBet review, I’ll see if it really delivers.
This sportsbook was originally launched in 2023 and has a heavy focus on racing markets such as horses, greyhounds, and harness. However, you’ll also find an impressive collection of traditional sports, including rugby, soccer, basketball, hockey, and many more popular options. You can register today with ease via the official website or mobile app.
Key Facts and Features of PremiumBet Australia
Before I dive into the nitty-gritty of this PremiumBet sportsbook review, it’s important to get a basic understanding of the key facts and features that surround this site. From the number of sports you can expect to which of those sports provide the best odds, what payment methods are available, and more. Let’s take a closer look:
| Fact/feature |
Details |
| Founded |
2023 |
| Sports |
20+ |
| Best odds |
Racing (Horse, Greyhound, and Harness) |
| Payments |
Visa, Mastercard, Apple Pay, Google Pay, and Bank Transfer. |
| Support availability |
Live chat and email are available between 9 am - 10 pm AEST |
| Mobile app? |
✅ iOS and Android apps |
| Live streaming? |
✅ via PremiumBet TV for racing events |
Betting on Racing Events at PremiumBet
PremiumBet’s sportsbook is focused primarily on racing, offering extensive coverage of horse racing, greyhound racing, and harness racing. These three markets can be found in a dedicated racing tab in the main nav menu, which is separate from all other sports.
The racing dashboard is intuitive and easy to use, even for complete beginners, similar to what I found in the
Midasbet review. This means that you can easily filter the list of upcoming racing events by type and location. PremiumBet features a solid mix of both local events in Australia and New Zealand, plus international races from all around the world, including the UK, USA, Spain, and various other European countries. This gives you the freedom and flexibility to explore racing events that really matter to you, whether it's the Melbourne Cup or the Kentucky Derby.
What Traditional Sports Can You Bet On?
In this PremiumBet review, I also found an impressive selection of traditional sports, allowing you to mix things up from racing markets. Some of the most popular, featured sports include the likes of Australian Rules, Basketball, and Football. However, there's also a good variety of niche sports, including motor sport, snooker, and even volleyball.
You’ll find huge collections of leagues and tournaments for various sports, both domestically and internationally. Take soccer as an example, which includes all of the major European leagues, such as the English Premier League, Spanish La Liga, and Italian Serie A. You’ll also find international tournaments like the FIFA World Cup, the Euros, and the Copa Del Rey. This impressive level of variety can be found at all of the mainstream sports offered by PremiumBet, giving you plenty of options.
Choose from a Wide Variety of Bet Types
PremiumBet offers a variety of bet types to ensure you’ve got plenty of flexibility, whether you’re betting on traditional sports or racing markets. When it comes to horse, greyhound, and harness racing, PremiumBet focuses predominantly on win and back bets for different events. Here’s how these bets work:
- Win:
Back a runner to finish first.
- Place:
Bet on a runner to finish in the top two or three (depending on the field size).
Furthermore, traditional sports have a huge variety of betting options. For example, when exploring an AFL fixture, I found bet types ranging from moneylines to handicaps, prop bets, same game multi bets, and much more.
Are the Odds at PremiumBet Australia Competitive?
I found the odds at PremiumBet Australia to be on par with or better than the top bookmakers in the country when comparing them side by side. This is true for all major markets, whether it be the AFL, NRL, soccer, tennis, or basketball. However, yet again, the main area that this sportsbook excels in for betting odds is racing, with some of the best value found in these markets. So if you’re looking to utilise win or place bets on upcoming racing events, you can take a lot of confidence knowing that you’re receiving some of the best odds at PremiumBet.
Furthermore, I found that it was easy to adjust your betting formats, so if you’re a fan of decimal, fractional, or US, the sportsbook lets you customise. Additionally, the betting slip makes it simple to see any potential payouts, so if you’re getting tired of calculating odds in your head, you can make the most of this feature.
Can I Watch Live Streams of Sports Events at PremiumBet?
Sadly, the PremiumBet sportsbook does not feature live betting markets, but this is largely due to Australia's licensing laws, which heavily restrict online live betting. Despite this, you can still tune into sports live streams at the site, mainly for racing markets. This provides a seamless experience where you can place bets before the event kicks out, then watch the action unfold through a live stream. The stream quality is generally crisp, with minimal buffering, even on mobile. Plus there are race replays for some events if you miss the event.
However, keep in mind that PremiumBet TV is only available to fully verified users who have made a deposit. So if you want to watch these live streams, you’ll need to commit to using the site for sports betting.
How to Complete the PremiumBet Sign Up Process As a New User?
Sports betting sites have come a long way from when they were first launched. They now offer seamless user experiences with simplified registration processes and user-friendly forms. This makes creating your first account at PremiumBet a quick and stress-free process. Here’s a step-by-step guide you can follow to get started:
- Click or tap the link in the promotional banner on this page to visit the official website.
- Select the Join button to open the registration form.
- Add your information to the sign-up form.
- Verify your identity to finalize the creation of your account.
- Log in and explore the sportsbook.
What Is Required to Fully Verify Your PremiumBet Account?
To comply with Australian law, you will be required to provide documents that prove your identity and residential address. This can seem a nuisance at first, but it is essential to prevent underage gambling, fraud, and misuse of the site. Additionally, if you have not completed this process, you will be unable to deposit, place bets, or request withdrawals.
You’ll find a wide variety of accepted documents at PremiumBet. However, the most commonly used is a driver’s license, as it can be used to provide proof of identity and address. When uploading documents, ensure that they’re valid and all of the information is clearly visible to prevent any additional delays.
Usability, Look and Feel
My initial impression of the PremiumBet betting site was overwhelmingly positive; the homepage features a clean, modern layout and a striking color scheme. The prominent banners highlight major racing events without feeling cluttered, creating a welcoming environment for bettors of all experience levels. Registration was quick and easy, as you can see from the previous step-by-step example. This is mainly enabled through the streamlined user interface and minimal form fields. The same can be said for all other processes, whether making a deposit, requesting a withdrawal, or contacting support.
Furthermore, navigating the site is easy thanks to a well-organised navigation menu and a comprehensive sports betting lobby. The top-level menu clearly categorizes racing, sports, account management, and more, while the sidebar lobby offers quick access to popular events. Additionally, the responsive design ensures the interface adjusts seamlessly whether accessed from a desktop, laptop, tablet, or smartphone. Buttons resize appropriately, and dropdown menus remain intuitive even on touchscreens.
Last but not least, you’ll probably want to know about the overall performance of the site. I didn’t detect any signs of lag, delay, or downtime, which was great to see. However, in the rare case that you do encounter any technical issues, you’ll be able to access the live chat with one click or tap, as the floating live chat icon is available across the site.
Is the PremiumBet App Good for Mobile Betting?
I just briefly touched on how the official PremiumBet website is responsive, which ensures you can access it from any modern smartphone device. However, if you want to take your mobile betting experience to the next level, I’d recommend downloading the PremiumBet app. You can install it on Android and iOS devices with ease, and the app is already picking up positive ratings. For example, the sportsbook has managed to get an average 4.4 out of 5-star rating in the Apple App Store.
But what are the reasons I’m recommending the app download in this PremiumBet review? Well, first off, you’ll get a betting experience that has been built for mobile users first, unlike the official website. This means that the overall design and layout are a little more efficient than the official website. You can also expect faster performance speeds; it might seem marginal at first, but it makes all the difference if you’re trying to place a bet before the event starts. The security is also slightly better, thanks to additional features such as Face and Touch ID.
One final feature worth mentioning that is exclusive to native apps is push notifications. I found these alerts played a pivotal role in keeping me in the loop with all of the sportsbooks' updates. Plus, these notifications can be a great way to get alerts about upcoming events and to track the progress of your active bets.
How Do Payments Work at PremiumBet?
Both deposits and withdrawals are made easy at PremiumBet, with quick and easy processes that don’t have you jumping through hoops. Similar to what you might have seen in the
Winners.bet review, this site opts for a small but reliable selection of payment methods. For deposits, this includes:
- Card payments: Visa and Mastercard
- Mobile payments: Apple Pay and Google Pay
When making a deposit with any of these payment methods, it will process instantly, so you’ll be able to explore the betting markets and place bets without any delay. I found that there were no additional transaction fees charged either, although you’ll need to confirm that your payment provider does not impose any from their side.
When it comes to withdrawals, you’ll have the option of card payments or bank transfers. Again, there are no transaction fees to worry about from PremiumBet, and processing times meet industry averages of just a few business days on average. Unfortunately, a lot of this information is not readily available, as the site does not have a dedicated help centre. So if you’ve got any questions specific to deposits or withdrawals, you’ll need to reach out to the support team via live chat or email.
If you’ve read our
Punt Now review, you’ll already have an idea of how important customer support is. At PremiumBet, you’ll have access to a wide variety of support methods, including live chat and email support. The support agents are available between the hours of 9 am and 10 pm AEST. I’d advise reaching out via live chat as it provides the fastest responses. However, email can provide some utility, especially for more complex enquiries. With email, you can expect average response times of between 12 and 24 hours.
Furthermore, during this PremiumBet review, I was impressed with the level of service offered by agents at both of these support methods. I knew it would be important to test them on a range of topics, including payments, account management, technical, verification, and more. For all of these enquiries, the agents were able to provide relevant fixes, advice, or guidance on how to find a solution.
License and Security: Is PremiumBet Legit?
PremiumBet is licensed and regulated by Racing Victoria, ensuring legal and compliant sports betting in Australia. The site adheres to all of the necessary regulations and adheres to industry best practices for security, responsible gambling, and fairness.
Despite the sportsbook being relatively new, you can still find plenty of PremiumBet reviews from real users that note overwhelmingly positive experiences. Additionally, the site features SSL encryption software, which plays a pivotal role in protecting your personal and financial data. The sportsbook also has a strong responsible gambling policy, with a range of tools to back this up. Some of these responsible gambling tools include deposit limits and even temporary or permanent self-exclusions.
Final Thoughts on This PremiumBet Sportsbook Review
PremiumBet provides a secure and rewarding betting experience for sports fans in Australia. The site prioritises racing markets, with a mix of local and international events for horses, greyhounds, and harness. However, you’ll also find a solid selection of popular traditional sports, including all major tournaments and leagues for soccer, basketball, Australian Rules, and more. All of these sports come with plenty of betting options and competitive odds. The site is also easy to use, with a downloadable app available for mobile users. You can also expect responsive support, great security, and efficient payments. Ready to test PremiumBet Australia? Click or tap the link in the promotional banner on this page.
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