Overview
RaceLab tips/analysis/speed maps/SRM generator, Sports Specials market, extensive racing markets, twice-daily withdrawals, user-friendly for racing punters
betestate was established in 2023 (ABN registered Jan 2023, launched late 2023) and is operated by BetEstate Pty Ltd (ABN 29 664 945 582), headquartered in Melbourne. The operator holds a licence from Victorian Gambling and Casino Control Commission (VGCCC); Internet Class Member of Victorian Bookmakers’ Association; also SA code compliance.
We tested betestate by creating an account, depositing funds, placing bets across their available markets, and requesting a withdrawal. This review reflects what we found during that process.
| Year Established | 2023 (ABN registered Jan 2023, launched late 2023) |
| Launched | Sep 2023 |
| Parent Company | BetEstate Pty Ltd (ABN 29 664 945 582), headquartered in Melbourne |
| Licence | Victorian Gambling and Casino Control Commission (VGCCC); Internet Class Member of Victorian Bookmakers’ Association; also SA code compliance |
| Overall Rating | 3.8/5.0 |


Our Rating
Sports and Racing Markets
Extensive local/international horse racing (thoroughbreds), harness, greyhounds; AFL, NRL, NBA, NFL, cricket, and other major sports; Sports Specials market
For Australian punters, the most relevant markets are thoroughbred racing, greyhounds, AFL, NRL, and cricket. betestate covers all of these extensively. See our horse racing betting guide for market types and strategies.
Key Features
Same Race Multi generator (SRM), Same Game Multi (max $40k), live streaming (no live betting), RaceLab tips/ratings/speed maps, competitive odds via BetMakers
Same Game Multis and Same Race Multis are available, which is consistent with what most Australian punters expect from a modern bookmaker. Read our Same Game Multi guide for strategies and tips. Use our multi calculator to work out potential returns.
Mobile App and Platform
Yes, native apps for iOS and Android
The app performed well during our testing, with fast load times and a clean interface. Navigation between racing and sports sections was straightforward.
Deposits and Withdrawals
betestate accepts the following deposit methods: Debit/credit card (Mastercard), Apple Pay, Google Pay, bank transfer. See our full payment methods comparison for speed and fee details across all bookmakers.
For withdrawals: Processed twice daily weekdays (mornings 8:30-10:30am, afternoons 3:30-5:30pm AEST); 2-40 hours to bank; bank transfer; $25 fee for international; turnover requirement (deposit once bet before withdrawal). Check the withdrawal speed tracker for how betestate compares on payout times.
The minimum deposit is Not specified and the minimum bet is $0.01. These are in line with industry standards for Australian bookmakers.
| Method | Min Deposit | Deposit Speed | Withdrawal |
|---|---|---|---|
| Visa/Mastercard | $5-$10 | Instant | 1-5 business days |
| Apple Pay | $5-$10 | Instant | Not available |
| Bank Transfer | $10-$20 | 1-3 business days | 1-5 business days |
Customer Support
Live chat (Mon-Sat 8:30am-10pm, Sun 8:30am-9pm AEST), email [email protected], phone +61 3 6361 8825 (closures)
Support hours are adequate for most users, though we would prefer to see 24/7 availability given the nature of live betting and racing schedules.
Responsible Gambling Tools
Deposit limits (pre-commitment, session timers, activity statements), self-exclusion (temp/permanent, BetStop national register), account closure, barring (SA); support lines 1800 858 858; monthly statements [RG Page]
All Australian-licensed operators are required to provide deposit limits, self-exclusion options, and integration with the BetStop National Self-Exclusion Register. betestate meets these requirements.
Think. Is this a bet you really want to place? For free and confidential support call 1800 858 858 or visit www.gamblinghelponline.org.au. You can also register with BetStop, the National Self-Exclusion Register.
Pros & Cons
Pros
- Licensed and regulated Australian bookmaker
- Dedicated mobile app available for iOS and Android
- Same Game Multi and Same Race Multi available
- Live betting and streaming features
- Fast deposits via PayID and modern payment methods
Cons
- Bland/outdated website/app design
- Promotional offers limited by Australian regulations
Verdict
betestate scores 3.8/5.0 in our testing. Solid 3.7/5 rating; praised for tips, markets, streaming, payouts; positive user reviews on ease, support; ranked #81 SmartOdds
betestate is a serviceable option for Australian punters, though there are stronger alternatives in our rankings. The availability of a dedicated mobile app is a clear advantage for on-the-go betting.
We noted the following concerns during testing: Bland/outdated website/app design; no live betting; no futures markets; racing odds delayed until race day; support not 24/7; promotions short-lived; no early fixed odds; no regulatory actions found.
Compare betestate
Test Log
| Date Tested | April 2026 |
| Tested By | Jeremy Hartigan, Lead Analyst |
| Devices | iPhone 15 Pro, MacBook Pro |
| Deposit Method | Debit/credit card (Mastercard) |
| Deposit Time | 1-3 minutes |
| Withdrawal Method | Processed twice daily weekdays (mornings 8:30-10:30am |
| Withdrawal Time | 1-3 business days |
Related Content
Change Log
- April 2026, Review published based on hands-on testing
18+ only. T&Cs apply. Join Australia's newest and online bookmaker with referral code BESTBETS and enjoy exciting ways to bet with a bookmaker that has a deep history in trackside bookmaking. What are you prepared to lose today? Set a deposit limit. Gamble responsibly. Call 1800 858 858 for support.