Expert verdict

The easiest way to sum up GoldBet is to say that if you love betting on horse races, you are going to love this operator. But if you prefer to bet on other sports, you may prefer to look elsewhere. 

Horse racing fans will love the generous odds, extensive racing coverage and strong focus on the sport. But fans of other major sports will be underwhelmed by the slightly limited options available to them. 

The other areas at GoldBet are also a bit hit and miss. It is fantastic to see them accepting cryptocurrency payments and the range of customer support options is excellent. But on the flip side, the website is poorly designed and other are very few niche betting markets covered. 

In conclusion, this is a superb bookmaker for horse race fans looking for great odds and extensive coverage of the sport. For everything else, this is a slightly below average Australian betting site. 

Sports and markets at GoldBet: 19 sports to bet on

After you have opened your account and hopefully picked up a nice GoldBet bonus, it’s time to check out the sports markets. The first thing you’ll notice at GoldBet is that the operator has a strong focus on horse races, including greyhound racing and harness racing. 

The upcoming GoldBet horse racing markets are clearly displayed on the website home page. The site covers racing from the UK, France, the United States and many other countries in addition to Australia. 

There are 19 sports in total covered by GoldBet. This includes popular and less popular options like Australian rules, motor racing, rugby league and ice hockey. So you have plenty of choices for using your GoldBet deposit bonus. Speaking of ice hockey, for instance, there is top coverage for contests from the likes of German DEL & Swiss Nationalliga A. 

Sport facts

Our GoldBet review found a large number of horse racing futures. This included popular events such as the Melbourne Cup and the Cheltenham Festival. At any time, you can view markets covering races taking place over the next three days.

Betting features at GoldBet: Limited choices 

This is a key part of our GoldBet Australia review. The betting features at an online sportsbook can make a huge difference to your gambling experience, so let’s see how GoldBet performs in this area. 

For major events such as AFL, World Cup or NRL games, you can place same-game parlay bets. This involves combining the odds for two or more selections on the same event. 

The horse race markets at GoldBet include a number of exotic options. In addition to winning bets, you can place quinellas, trifectas, exactas and quadrellas. The racing markets also carry GoldBet’s sports price match product. This means that you can request longer odds, if a competitor is offering better odds. In short, GoldBet will match the best odds on the market. 

Feature facts

Unlike many sports betting sites in Australia, GoldBet does not offer any live streaming options for players, nor are there any in-play statistics to look at. However, you can still place bets on in-play markets. 

GoldBet sports betting odds: A solid offering

Finding the best betting odds can really give your online sports betting a big boost. After all, better odds equals bigger potential wins. With that in mind, we can reveal that the average payouts at GoldBet are 95.45%. 

This places the odds at GoldBet slightly above the industry average of 95%. This percentage is a touch higher when looking at horse race markets. We found the average payouts to be 95.82% for major horse race events, without a promo code for bet boosts. 

When looking at other sports, the percentage drops. For example, the payout percentage for soccer markets is 94.13%, without any GoldBet promo for boosted bets. As is the case at many sportsbooks, the payout drops even further when looking at in-play markets (92.35%).

Odds facts

One other important issue to note is that GoldBet does not offer any enhanced odds in its promo code section. At other online bookmakers, these enhanced odds can skew the payout percentage in your favour by giving you preferential prices. 

GoldBet review: Innovative payment methods 

GoldBet is one of the few sportsbooks in Australia that allow players to make deposits into their accounts via cryptocurrency. The site accepts a range of cryptocurrencies, including Bitcoin, Litecoin and Dogecoin. 

If you prefer to use more traditional payment options, GoldBet accepts a number of other methods. These include VISA, Mastercard, EFT, POLi, bank transfer and OSKO. You can find a full list of options on the GoldBet website. 

Bank transfer requests can take up to 2-3 working days to arrive in your account. However, all other options should be processed instantly. There are no charges for any deposits at GoldBet. 

Payment facts

Withdrawing funds from GoldBet bookmakers can be done via any of the deposit options. Withdrawals typically take around 48 hours to arrive in your account. Again, GoldBet does not apply any charges to withdrawals. However, we do recommend that you check with your banking provider before requesting a withdrawal. You may find that they apply a small charge to your request.

Security at GoldBet: Play with confidence 

GoldBet sports betting site is owned by GoldBet Pty Ltd. It is also fully licensed by the NSW Government and regulated by the Office of Liquor, Gaming and Racing in NSW. 

When you first open an account at GoldBet, you will be asked to supply identity verification within 14 days. This is part of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006. 

There is a responsible gambling page on the GoldBet website. Here you will find a range of articles and links to assist you if you think you might be developing a problematic gambling habit.

Safety facts

Players at GoldBet can also set parameters for their gambling activity. These parameters include limiting the amount of time and money you spend at GoldBet. You can also opt to self-exclude for a period. 

GoldBet customer support: 3 contact options

If you have any problems when playing at GoldBet, the operator provides three contact options. First, you can click on the speech bubble icon on the website. This puts you through to the live chat service, which is open from 5am until 3am every day. 

Alternatively, you can contact GoldBet by email at [email protected] or by calling them on 0409 238 238. You can also use this telephone number to send a text message. Email and text queries should receive a reply within a few hours. 

If you open the live chat pop-up, you will see a link to the GoldBet FAQs. Here, you will find answers to ten common questions concerning areas such as withdrawal methods and the site registration form. 

Support facts

When we tried the customer support options at GoldBet, we found the operators to be courteous, professional and very efficient. The level of knowledge shown by the agents was extremely good. 

GoldBet platform: No mobile app 

GoldBet desktop site has a unique look with the home page displaying a list of upcoming events. You can choose to look at upcoming horse races or click the sports tab to see all other events. Next to the event, you can see a countdown clock showing how long it is until the event begins. 

If you prefer to look at the overall range of markets, you can access an A-Z of the sports covered by clicking the main menu on the left of the screen. 

The main menu also contains links to customer support, FAQs and your account information. However, there is no search box for players to type in the name of the sport, event or team they wish to bet on. 

Platform facts

At the time of writing, there is no GoldBet mobile app. Instead, GoldBet has made its website fully mobile compatible. The site can be accessed on Apple and Android devices via a mobile web browser. 

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