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Luxbet was a licensed Australian company that was subsidiary of Tabcorp Holding Limited. Following merger between Tabcorp and Tatts Group has terminated Luxbet existence.

Pros
  • no longer relevant
Cons
  • no longer relevant

Despite only having been launched in 2008, LUXbet has fast become one of the most popular and successful bookmakers in Australia. This is in no small part due to the fact that it is owned and managed by Tabcorp Holdings, a very experienced and successful betting and gaming company.

As you’ll see below, LUXbet has a comprehensive selection of markets to bet on and also does a very nice line in special offers, promotions and various racing and sports betting products. LUXbet has not only become a leading Australian bookmaker due to its excellent backing but also on the strength of its overall package and customer satisfaction.

Bonuses

Having a quick look around the LUXbet website, it is clear to see that this particular bookie is very proud of its promotions and bonuses. They are quick to point out that they have given away such prizes as a $ 140,000-holiday package with a private jet included, as well as millions of dollars in other promotions and bonus bets. Their standard promotion, however, is a 100% bonus bet up to $300 when you make your first deposit of $25 or more. There are some criteria that need to be met before withdrawing any of this extra bankroll, but having double the funds in your account simply for depositing $25 is nothing to be sniffed at.

Luxbet also has a number of weekly specials on a selection of different sports and races each week. There is usually something for everyone here, and these weekly promotions usually take the form of a bonus bet if a certain result occurs. These promotions are usually tied in with all types of racing, AFL and NRL.

Sports Covered

Looking down the left-hand side of the LUXbet website, it is clear to see that the majority of sports are well represented. As well as the obvious favourites such as AFL, NRL, tennis, cricket and soccer, there are also slightly less popular options such as mixed martial arts, darts and snooker. For fans of American sports, the big four of NFL, baseball, NBA and ice hockey are all covered. Not only is there a wide variety of sports on offer, by clicking through to the associated bets you can see many different ways of betting on the sports. Simply bet on the winner of a sporting event, or something much more complicated; the choice is yours.

There is also an option on the left hand side for viewing any live betting markets currently taking place. As usual, these live bets need to be placed on the telephone, but all of the current odds are presented to you nicely, so you know exactly where you stand. There is also a nice little option for ‘quick multis’ where LUXbet has put together a few different selections for you to place a quick treble for example.

Racing Coverage

Luxbet is a solid bookmaker for fans of racing. Every major Australian race track is covered here, as well as some from overseas as well. LUXbet perhaps does not have the international feel to its horseracing options as some other bookies, but there are still plenty of options to keep even the most enthusiastic horseracing fan busy. LUXbet also has an exclusive club for owners and trainers called ClubXtra, providing additional bonuses if you’re lucky enough to qualify.

Greyhound racing is also comprehensively covered here, with every single Australian race you are likely to be interested in, easy to bet on. LUXbet also offers harness racing, feature racing and a number of specials such as the Jockey Challenge. One of the best things about betting on racing with LUXbet is that the odds update immediately in the run-up to the race start, with no need to refresh your page etc.

Other Markets

Luxbet has a few other markets available for slightly less conventional bets. Markets such as who will win Oscars and Grammys are available, as well as betting on what will happen with the interest rate or who will win Australian and American elections in future. These are always nice novelty bets and can actually make you a few dollars extra if do your research.

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