Punt 123 Review May 2026: Overview, Betting Options & Markets

Punt123 is a great Aussie betting site where you can take a punt (hence the name) on around 16 sports. Here, I found great odds for AFL, rugby, cricket, and especially horse racing.

If you’re a fan of same game multi bets (SGM), you’ll love the bet builder that makes this simple for all your favourite sports leagues and events. When it comes to payment methods, this bookie now accepts bank transfers for deposits and withdrawals. Overall, it’s a great betting site with decent odds, a good market selection, and a cool design.

Usability, Look, and Feel of the Bookie’s Website

At the end of the day, I liked this website because it was pretty simple and easy to get around, but at the same time, it looks good and has a clear sense of identity. The branding uses a mixture of dark blue, white, and bright sky blue, which is prevalent in the logo and throughout the site.

When it comes to navigation, you can find an A to Z list of all the sports on the left-hand menu bar. When you click on a sport and select a league, you will automatically be presented with the option to bet on upcoming games or futures markets for the league.

If Same game multis (SGM) are available for the league you’ve selected, it will be clearly marked with an icon. I liked this, as it highlights one of the USPs of this bookie, but without pushing it in your face.

Getting Started - How to Sign Up to Punt123 Australia

The first big test of any online bookie’s usability is the registration process. I found this to be super easy on this site, and I was literally done in a couple of minutes.

Here’s how it goes down:

  1. Visit - Head to the Punt123 site by clicking one of the banners on this page
  2. Start - Click on the “Join” button to get going
  3. Contact - Enter your email address and mobile phone number
  4. Details - Provide some personal info, including your name, date of birth (must be over 18), and address
  5. Verify - Click the “Verify Details” button (you should be approved within 30 seconds if you enter the info correctly)
  6. Deposit - Once you’re account’s been verified, you can deposit and start betting

Mobile - The Punt123 App

If you want to place a bet on your mobile, this Aussie-owned brand has a beauty of an app that impresses. There aren’t any exceptional features that I can point to, but it just has a great interface, and it feels like everything works just as good, if not better, on the app than on the desktop website.

Despite the screen being smaller, it feels like more betting markets can be displayed on the app at the same time, but without the screen feeling too crowded. More importantly, the touch-screen betting slip is super-slick, and the in-app live streams (where available) work amazingly.

IOS App Ratings and Key Stats

You don’t have to take my word for it - the 4.9-star user rating on the Apple App Store is all the approval you need. The slight downside is that there isn’t an Android app available in Google Play, but hopefully, there is one on the way.

Anyway, here’s a quick look at the iOS app properties:

iOS app: Yes ✅
Android app: No ❌
Download from: App Store 🍏
App Store user rating: 4.9 ⭐
Min. iOS requirements: 14.0 or later
Download size: 62.8 MB

How to Use Punt123 on Android

Although there isn’t an Android app that you can download, you can still use this bookie on your Android device. The mobile-optimised website admittedly isn’t quite as good as the app, but it does a job and has all of the same features and capabilities. The app has a slightly slicker look and feel.

Here’s how you can access it on your Android device:

  1. Load this page on your mobile browser (I recommend Google Chrome)
  2. Tap one of the banners to reach the Punt123 mobile site
  3. Create your account (see above for instructions)
  4. Tap the three dots icon (top-right of your screen)
  5. Select the “Add to homescreen” option
  6. A gateway icon to the mobile site will be added to your home screen for quick access

Punt123 Betting - 16 Sports Markets to Choose from

Based on reputation, this online bookie is definitely best known for its selection, but it actually offers coverage of 16 other sports. This includes Aussie favourites like the AFL, rugby league, and cricket, as well as European football and US sports like the NBA, NHL, NFL, and MLB.

If it’s not team sports that you’re after, this is a decent betting site for boxing, motorsports, , and darts. Looking for something different? Besides that, you’ve got tennis, snooker, and a few other options.

Overall, it might not be the biggest selection of sports I’ve ever seen at a bookie, but the main events are covered as well as a host of international competitions, such as Japanese baseball. Above all, though, this site prides itself on being a locally based Australian bookie.

Competitive Odds for Aussie Sports

I compared the odds at Punt123 on heaps of markets to a bunch of other Aussie bookies, and found that they were always competitive, if not better. This was especially true for domestic sports leagues - for example, their odds, especially for SGM markets, tended to offer better value than most direct competitors.

As with most Australian online bookmakers, this one displays its odds in decimal format as standard.

The QuickBet Feature

The process of placing a bet on this site is really easy, and there are a couple of cool features that simplify it even further:

  • QuickBet: You can turn this feature on to place your bet in one click/tap instead of two.
  • Singles mode: When this feature is toggled on, the bet slip will automatically open when you tap the odds on any single betting market.

Live Streaming at Punt123 Australia

If you have placed a wager on a horse race and are a full member of this online betting site, you can stream the race live on the app or website. This service isn’t available for any other sports, but that’s something that I would like to see added at some point in the future.

$0.50 Minimum Betting Limit

The minimum bet limit for all markets is $0.50, meanwhile, the maximum bet and win limits vary between markets. Moreover, you have the power to set your own daily, weekly, and monthly limits. At the same time, the bookie can also restrict accounts’ betting limits in some cases, such as suspicious activity.

Payments - Deposits and Withdrawals

The minimum amount that you can deposit into your account at this online bookmaker is $10, while the withdrawal minimum is $20 (all prices listed in AUD, of course). As far as I could tell, there are no hidden fees charged by the bookie, but always make sure to check with your payment provider to see if any charges apply from their end.

Deposits are always processed instantly, with the exception of Osko bank transfers, which can take up to 24 hours for the first transaction only. If you submit your withdrawal request before 5 pm (AEST), it will be processed by 6 pm, and the funds should be paid into your account before the end of the next business day.

This is a lot of information to take in, so I’ve summarised it for you in the table below:

Payment method Min. deposit Deposit time Min. withdrawal Withdrawal time
Debit Card (Visa or Mastercard): $10 Instant N/A N/A
Google Pay: $10 Instant N/A N/A
Apple Pay: $10 Instant N/A N/A
Bank transfer: $10 Instant $20 Next business day**
Bank transfer (Osko): $10 Up to 24 hours* $20 Next business day**

*24 hours for the first deposit only, should be instant thereafter.

**You must submit your withdrawal request by 5 pm (AEST) to get a next-day payment, otherwise, it will take two business days.

Customer Service - Exceptional Support with Great Availability

The customer service team at this online bookie are at your disposal from 9 am to 10 pm (AEST). While a 24/7 might be preferable these days, I’d rather have a good service available most of the time than a poor service that’s available all of the time.

The level of customer service that I received from the team at Punt123 was not only professional and helpful, but I also enjoyed the personal touch. In a world where on-site live chats are now dominated by AI bots, I loved knowing that I was getting fast and helpful responses from a human Melbourne-based staff member.

Contact Options

Customer service availability: 9 am -10 pm (AEDT) / Monday - Sunday 🗓
Email support: support@punt123.bet ✉
On-site live chat: Yes ✅
Phone support: No ❌

License and Security - Punt123 Is Safe

As I’ve mentioned a couple of times already, Punt123 is an Australian-owned online bookmaker that’s based in Melbourne and has been around for over 15 years. However, the website in its current guise was launched back in 2022.

The brand has valid licenses from the Victorian Gambling and Casino Control Commission (VGCCC), which is all that you need to legally operate in Australia. However, this site has further accreditation thanks to its Class Memberships of the Victorian Bookmakers’ Association Limited (VBA) and its Club Bookmakers' License approval from Racing Victoria Limited.

Approved Wagering Partners

My confidence in this Aussie-based bookie was given a further boost when I checked the list of approved wagering partners. There are nine in total, including the AFL, NRL, Racing NSW, and more national and regional sports bodies.

Security Features and Privacy

When it comes to security, this site ticks all of the right boxes, as it is HTTPS-encrypted and uses 16-bit SSL technology. On top of that, their site has an air-tight Privacy Policy, while still vetting and verifying all of its members properly.

Commitment to Responsible Gambling

As I found in my , Punt123 also has a great commitment to responsible gambling. There are a range of tools to help you on the website and the app, including direct access to the National Self Exclusion Register via BetStop.

Conclusion–Punt123 Is a Solid Sportsbook for Australian Bettors

At the end of the day, this is a great online bookie, especially for fans of the AFL, NRL, and other Aussie sports. It’s a locally based company in Melbourne, Victoria, and that shines through in every way, from the brand to the market selection, and especially in the customer service. Added to all of that, the mobile app is probably one of the best around, and that’s saying something!

Punt123 Review FAQ

🧐 Is Punt123 Legit?

Yes, Punt123 is a legit Australian-owned bookie that’s licensed and regulated by the Victorian Gambling and Casino Control Commission (VGCCC). It also has membership and approval from other bodies and is an official wagering partner of the AFL and NRL.

🇦🇺 Is Punt123 Available in Australia?

Not only is Punt123 available in Australia, it’s Aussie-owned and Melbourne-based. While the brand has been around in some form for almost two decades, the online app that you can use now first went live in 2022.

👤 Who Owns Punt123?

Punt123 is a racing, sports, and golf betting site that’s owned by Michael Harrak, a Melbourne-based businessman.

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