Luxbet is owned and operated by TAB, which means they’re backed by a big name in the industry. They offer punters a basic betting package but you’ll find some good value.
They have a good selection of weekly sports and horse racing betting promotions, plus, detailed sports form guides and statistics are provided for each market. You can also take advantage of some generous fixed odds prices, and these are available on a great range of local and international events. And with ClubXtra, horse owners can score a 12% winning bonus when they back their horse and it wins.
For new customers, there’s a generous deposit match bonus offer. When you sign up they’ll match your first deposit 100% with Luxbet bonus bets valued up to $150. They also allow you to split this bonus bet into smaller bets if you choose, which is something most other bookmakers don’t allow.
You can access Luxbet mobile betting via the Luxbet mobile app or mobile website, which means you can easily manage your account and get your bets on using your phone or tablet. Luxbet don’t have the standout features of some of their competitors, but they’re still a solid choice for all punters.
Luxbet Bonus Bets
You can also choose to split your bonus bets into smaller, individual bets, of $10 or greater. This is worth noting, as many other bookmakers require you spend it all in a single bet. You can use your Luxbet bonus bets to place a wager on any betting market, as long as the odds are greater than $1.50.
Luxbet bonus bets have an expiry period of 30 days, so make sure you spend them within that time. Also, you can’t use them in conjunction with any other promotions, so keep that in mind. A big upside to Luxbet bonus bets is their low turnover requirements. If you back a winner with your bonus bets, you’ll only need to turnover your winnings once before you can withdraw your funds.
Luxbet lack the range and the exciting bonus bet promotions that the other big bookmakers have, but they have a decent package and are worth considering.
Featured Luxbet Products
When you bet with Luxbet you’ll get a basic betting package which lacks the additional products to make it a top choice. But that’s not to say you won’t find a couple products that add some real value.
LuxDiv is great for racing fans. It gives you the best of the three totes and official on course top fluctuation. It’s available for all bets placed right up to the jump, on every Australian horse race, every day, so there’s plenty of chances to score extra value.
You can always get a top price on your horse racing wagers with Luxbet. Their Best of the Best product ensures you’ll get the best price on the three totes and official on course top fluctuation. To take advantage of this offer you’ll need to get your bets on at least 30 minutes before the jump and the most you can bet is $250. It’s available on every metro race, every Saturday, which means you can claim it on all the top races too.
Another useful feature is the detailed form guides and statistics that are available for every betting market. So the range is small, but for horse racing value Luxbet are a good option.
Luxbet’s weekly betting promotions cover a good mix of local and international sports and racing events and these specials are available throughout the year.
During the footy season you can score some top value on both the AFL and NRL – so no matter which is your code of choice, you’ll find some offers that appeal. This is also true for soccer fans, as Luxbet’s weekly specials include the A-League – and during the warmer months you can claim some top value on the cricket.
The betting promotions from Luxbet also include some events from much further afield, including a range of American sports. Punters can take advantage of some great weekly international sports specials, and both the NBA and NFL covered.
And horse racing fans will love the weekly betting promotions available to them. Each week there’s a bunch of great offers to choose from, plus, during the major carnivals, you will find even more value.
So overall, Luxbet don’t have the range, or the standout specials that the other big bookmakers have, but their weekly specials are competitive. If you’re a punter who loves a decent splash of value, then Luxbet’s weekly betting offers could be worth a closer look.
Owned and operated by TAB, Luxbet is seen as a solid choice for punters – and this is a pretty accurate description. They have a good basic betting package, but lack any special features or exclusive products that make them stand above the competition.
They do offer punters some excellent fixed odds prices, which means you can score some added value on a pretty big range of sports and racing betting markets.
One of the biggest drawcards to Luxbet is their generous new customer bonus bet offer. When you sign up and open an online betting account they will match your first deposit 100% with Luxbet bonus bets valued up to $150. This alone is a good deal, but you can also choose to split your bonus bet into smaller, individual bets – a good point of difference as many other bookmakers require you to spend your bonus as a single bet.
The low turnover requirement on Luxbet bonus bets is also a highlight. If you back a winner with your Luxbet bonus bets, you’ll only need to turnover your winnings once in your account before you can withdraw – this is a lot lower than most. So overall not a bad choice for punters looking for a simple betting package.