In our detailed Luxbet review and bookmaker user guide you will discover everything that you need to know about this key player in the Australian bookmaker and betting industry, from how to sign up with Luxbet, to placing your first bet, the markets you can bet on at Luxbet, how to make the most of Luxbet's extensive range of user features plus plenty more.
Our Luxbet review and bookmaker guide has been written with you, the punter in mind. We've researched every aspect of Luxbet so as to help you decide if this bookmaker meets your betting needs.
What you will find in our Luxbet review:
- Introduction to Luxbet
- Luxbet Facts & Figures
- Signing Up With Luxbet
- Luxbet App & Mobile Betting
- Live Streaming at Luxbet
- Racing at Luxbet
- Luxbet Odds and Markets
- Cashout at Luxbet
- How To Deposit At Luxbet
- How To Place A bet
- How To Withdraw At Luxbet
- Luxbet Customer Support
- Responsible Gambling at Luxbet
Luxbet began business in 2008, with Tabcorp Holdings Limited launching the venture to complement betting products already being offered by the Tabcorp Group. In particular, Luxbet was developed to offer betting markets that Tabcorp had not been able to offer such as betting on non-sport events like elections and entertainment betting. After five years of business, Luxbet revenue eclipsed $39 million in 2013, an increase of over 40% on 2012. With continued growth, Luxbet launched Luxbet Europe in 2015, offering betting products to the european market..
Luxbet provides a great range of sports to bet on both pre-match and in-play, from the most popular sporting leagues, tournaments and competitions in Australia such as the AFL, NRL, A-League, Super Rugby as well as horse, harness and greyhound racing, to the most popular leagues and competitions across the world such as the English Premier League, Champions League, NFL, NBA, MLB, NHL, cricket and of course tennis. Luxbet also offers a great menu of more obscure sports leagues and tournaments to bet on. So if there's a sporting event that you would like to have a bet on, there's an excellent chance that Luxbet has a betting market to offer you.
Luxbet Facts & Figures
Company: Tabcorp Holdings Ltd
Head Office: Northern Territory, Australia
Sports Betting License: Australia’s Northern Territory Government.
Luxbet Promo Code:
Signing Up With Luxbet
Before you can place bets with any online bookmaker you must first create an account with that bookmaker. This is usually an easy process through which you will be asked to provide some very basic personal information.
So how to sign up with Luxbet? Well, It's simple. Our step by step Luxbet sign up guide will take you through the process.
When you visit Luxbet you will see a bright yellow Join Right Now button displayed in the top left of your screen. Simply click this link and the Luxbet registration page will open for you.
The Luxbet new user account registration page will ask you to provide certain pieces of personal information including your name, date of birth, address, phone and email address. You will also be asked to choose a username, password as well as your preferred currency.
Once you have provided all the required information, click the Open Account Now button at the bottom of the Luxbet registration page. You will then have the chance to deposit funds into your Luxbet account. (We will discuess the range deposit methods available to customers later in our Luxbet review).
Once you deposited funds into your Luxbet account, you will then be able to start placing bets.
Luxbet App & Mobile Betting
With more and more punters using their mobile device to bet with as well as the always increasing popularity of live in-play betting, a key element to any bookmaker experience is having a dependable mobile platform to place bets on and Luxbet certainly delivers this via the Luxbet mobile site and the Luxbet app.
Download the Luxbet App
The Luxbet app is available for the following platforms:
Mobile and Tablet
Live Streaming at Luxbet
Luxbet offers all customers free access to Sky Racing sports radio as well as a library of podcasts.
Luxbet Live Streaming Access Requirements
To access Luxbet's live streaming of Sky Racing sports radio, simply click the link via Luxbet's racing guide.
Racing at Luxbet
Luxbet's offers racing punters a superb range of benefits and offers.
Best of the Best
Luxbet's Best of the Best guarantees punters the best price of the three totes plus the official on course Top Fluc. Luxbet's Best of the Best is available for every metro horse race, each Saturday, up to 30 mins before the commencement of each race.
Luxbet's Lux Div offers racing punters the best of the three Totes and the official on course Starting Price. Lux Div is available on every Australian horse race, whether it be metro, provincial or country, each day with bets placed right up to the commencement of the race.
Luxbet's Tote +5%, gives you odds equal to your selected Tote plus a 5% bonus on top of your winnings. Tote +5% is available on all New Zealand races, as well as races from Hong Kong, Singapore and selected races from Japan and the U.S.
Luxbet Odds & Markets
While Luxbet may not offer the best odds in the Australian bookmaker industry when it comes to bookmaker commissions, their odds are still somewhat competitive. AFL punters can get match game lines at odds of 1.90 while if you prefer betting on the NRL, game lines are available likewise at odds of 1.90, with point totals available for both AFL and NRL matches at 1.90. Luxbet customers can bet on other markets such as the major leagues and tournaments of European soccer as well as popular American leagues such as the NFL, NBA, MLB and NHL at similarly competitive rates.
What is Luxbet Cash Out?
Luxbet Cash Out: Coming Soon!
With the event of betting exchanges such as Betfair and Betdaq over a decade ago, punters have come to appreciate the opportunity to trade on their pre-match bets in-running. Traditional bookmakers such as Sportsbet have recently given customers the chance to do likewise and settle pre-match positions in-play. Luxbet are soon to launch their own Cash Out feature.
So what will Luxbet's Cash Out offer you?
Luxbet's Cash Out will allow you to claim an early dividend for a pending fixed odds bet before the final result is known and will be available for desktop users, telephone accounts with the Luxbet app to follow soon after. The Cash Out dividend that will be offered is based on both the current odds of your unresolved bet as well as additional market factors. Cash Out dividends will therefore fluctuate as the event progresses and the in-play odds change.
We will let you know as soon as Luxbet officially launches their Cash Out feature.
Funding your Luxbet account is a simple process and there are a number of deposit methods available for you to choose from.
How to deposit funds with Luxbet
Luxbet customers can deposit funds via Credit card, Debit card, Bank Transfer, Poli, Skrill and Bpay.
Placing a Bet with Luxbet
With a rather user friendly interface, placing your bets with Luxbet is fairly straightforward. To show just how straightforward it is, we have put together a quick step by step guide to placing a bet with Luxbet.
Log into your Luxbet account. If you have not yet created a Luxbet account, simply follow our quick guide to creating an account with Luxbet here.
Select the sport or racing event that you want to bet on from the quick link menu at the top of the Luxbet page, or if your sport or event is not listed in the quick link menu, click the yellow More+ tab to see the full list of sports available for you to bet on at Luxbet.
Once you've found the sport that you want to place a bet on, select the league or the tournament that you want to bet on from the list of events provided.
Once you've found the market, then locate the specific sport or racing event from the options provided.
Once you've found your event, you will be offered a full list of markets for that event that you can place a bet on. Choose the result or outcome that you want to bet by clicking on the odds being offered.
Your selection will then be added to your Bet Slip and displayed on the top of the right sidebar. To place your bet simply enter how much money you want to bet on into the 'stake' field.
Once you've entered your stake, click the green Place All Bets button. If there are enough funds in your account to cover your desired bet stake, your bet will be confirmed. However, if you do not have the funds required to meet your desired stake, you will then be given the chance to deposit funds into your account.
Withdrawing funds from your Luxbet account is a fairly simple process. It should be noted though, that before you are able withdraw any funds from your Luxbet account, you must complete the Luxbet customer verification process. You can begin this process by clicking on the red My Account tab at the top of the Luxbet front page, then clicking the Dashboard tab and finally the green Verify button displayed in your account details. Verifying your account is required by law and should only take a few minutes to complete.
How to withdraw from your Luxbet account
Once Luxbet have verified your identity, you will then be able to withdraw funds from your Luxbet account. Here's how:
Log into your Luxbet account, click the Withdraw link displayed in your account Dashboard.
Luxbet offers a range of withdraw methods, including Bank Transfer, credit card and Skrill.
Enter the amount of money that you want to withdraw from your Luxbet account as well as your preferred transaction method.
Depending on what transaction method you have chosen, it can take anywhere between a few hours to a few days for your funds to be available to you. Please note that if at any time you have concerns or issues relating to the status of your withdrawal please contact Luxbet customer support for help.
Which withdraw method is best for you? Here's a quick reference guide to each withdraw method available at Sportsbet.
Luxbet Customer Support
An important aspect of any bookmaker experience is the quality and availability of customer support. Luxbet provides customer support and can be contacted via the following methods:
Free Phone: 1300 589 238
Email via the Luxbet Help Centre
Live Chat via the Luxbet Help Centre
Postal Address: GPO Box 863, Darwin, Northern Territory, 0801.
You can also access a series of FAQs and customer guides by visiting the Luxbet Help Centre.
Responsible Gambling at Luxbet
Luxbet has resources and features available for customers who want to ensure that their gambling doesn't get the best of them. These options include their detailed Responsible Gambling code of conduct available in English, Chinese, Greek, Italian, Arabic and Vietnamese. Luxbet also offers customers the ability to close or restrict access to their accounts via Self Exclusion. Customers may apply for a peroid of exclusion from the site.
For more information on problem gambling visit our Responsible Gambling Guide.
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