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Luxbet

Luxbet is licensed by the Northern Territory Racing Commission and was launched as recently as September 2008. Luxbet offers fixed odds betting and tote odds betting on racing, and a whole suite of fixed odds sports and novelty betting offerings. Its service is conducted through Internet and telephone betting. To register with Luxbet is easy – click here.

Luxbet is a brand of Tabcorp, Australia’s leading gambling and entertainment company. Luxbet supports the NSW and Victorian racing industries. It will do this by sharing a portion of its profits via a discretionary payment to NSW and Victorian thoroughbred, harness and greyhound racing codes.

Luxbet offers a selection of deposit methods including credit and debit cards, POLi, BPAY and direct bank transfer. Like on Sportingbet and Centrebet, you are able to bet on all the major sports, racing, entertainment and political events with Luxbet.

A nice feature associated with Luxbet in terms of betting on racing is their array of betting products including Best of the Best and LuxDiv.

Best of the Best – Best Tote + Top Fluc:
It guarantees you Best Tote or Top Fluctuation, whichever pays more. This bet option is available up until 40 minutes prior to the first race of the meeting.

LuxDiv – Best Tote + SP:
Bet right up until the jump without compromising on great odds. Collect the higher dividend from either Best Tote or the on course Starting Price, whichever pays more.

Aggressive Fixed Odds:
Luxbet covers more Australian race meetings with fixed odds markets, so you know you’ll be getting the best secured price every time.

When it comes to withdrawing money from your account after some success on the punt you are able to do so by transferring from your betting account to an Australian bank account without incurring any fees.

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