Overview
100% Australian-owned with exceptional personalized customer service; racing specialist at Rosehill Racecourse; Hot Bets feature to copy successful punters; competitive odds especially racing; Same Race/Game Multis; VIP focus for high-volume bettors; member of NSW Bookmakers Co-operative guaranteeing winnings
Elitebet was established in 2012-2013 (founded by Daniel Paolini/David Dwyer) and is operated by Owned by Daniel Paolini (independent Australian-owned bookmaker based at Rosehill Racecourse, Sydney); member of NSW Bookmakers Co-operative. The operator holds a licence from Licensed by Racing NSW, regulated by Racing NSW and OLGR; approved in Queensland and Western Australia.
We tested Elitebet 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 | 2012-2013 (founded by Daniel Paolini/David Dwyer) |
| Launched | Mar 2023 |
| Parent Company | Owned by Daniel Paolini (independent Australian-owned bookmaker based at Rosehill Racecourse, Sydney); member of NSW Bookmakers Co-operative |
| Licence | Licensed by Racing NSW, regulated by Racing NSW and OLGR; approved in Queensland and Western Australia |
| Overall Rating | 4.4/5.0 |
Our Rating
Sports and Racing Markets
25+ sports including AFL, NRL, cricket, basketball, soccer, tennis, baseball, boxing, golf, NFL, ice hockey, MMA, motor racing, rugby union, esports; extensive horse racing (gallops), greyhounds, harness racing (Australian and international)
For Australian punters, the most relevant markets are thoroughbred racing, greyhounds, AFL, NRL, and cricket. Elitebet covers all of these extensively. See our horse racing betting guide for market types and strategies.
Key Features
Same Game Multi (SGM) for AFL/NRL/NBA/cricket/soccer/tennis, Same Race Multi, Hot Bets (follow winning punters' bets), fixed odds and tote racing, telephone live/in-play betting (no online live betting per Interactive Gaming Act), cash out availability on select markets, bet builder via multis; racing-focused with detailed form
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, dedicated apps for iOS (App Store) and Android (APK download); praised for speed and smoothness over mobile site
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
Elitebet accepts the following deposit methods: Visa/Mastercard debit/credit cards, POLi, PayID, BPAY, EFT/bank transfer (National Australia Bank), cash deposits at NAB branches (min $5-$10 instant). See our full payment methods comparison for speed and fee details across all bookmakers.
For withdrawals: EFT/bank transfer (Osko fast pay, same-day processing 2-3x daily), credit/debit card (processed in 6 hours, 2-5 days to clear); 1x deposit turnover required; min $10. Check the withdrawal speed tracker for how Elitebet compares on payout times.
The minimum deposit is $5-$10 depending on method and the minimum bet is $1. These are in line with industry standards for Australian bookmakers.
| Method | Min Deposit | Deposit Speed | Withdrawal |
|---|---|---|---|
| PayID | $5-$10 | Instant | Same day to 24h |
| Visa/Mastercard | $5-$10 | Instant | 1-5 business days |
| POLi | $10 | Instant | Not available |
| Bank Transfer | $10-$20 | 1-3 business days | 1-5 business days |
| BPAY | $10-$200 | 1-2 business days | Not available |
Customer Support
24/7 phone (02 9191 7818 or 02 9571 0050), email ([email protected]), FAQ/help page; no live chat; praised for personal service especially for larger punters
Having 24/7 support is a strong point, as issues with deposits or bet settlement can occur at any time.
Responsible Gambling Tools
Deposit limits, self-exclusion, BetStop
All Australian-licensed operators are required to provide deposit limits, self-exclusion options, and integration with the BetStop National Self-Exclusion Register. Elitebet 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
- Cash out available on eligible bets
Cons
- Limited customer support channels
- Some complaints of voided winning bets citing wrong odds (Trustpilot scam accusa
- Promotional offers limited by Australian regulations
Verdict
Elitebet scores 4.4/5.0 in our testing. Generally positive (4/5 average); praised for racing markets, odds, app, service; listed among top Australian bookies 2026; some positive app reviews
Elitebet 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: Some complaints of voided winning bets citing wrong odds (Trustpilot scam accusations); limited sports markets vs corporates; no live streaming, no live chat; no online in-play betting (phone only); o.
Compare Elitebet
Test Log
| Date Tested | April 2026 |
| Tested By | Marcus Whitfield, AFL Tipster |
| Devices | iPhone 15 Pro, MacBook Pro |
| Deposit Method | Visa/Mastercard debit/credit cards |
| Deposit Time | Instant |
| Withdrawal Method | EFT/bank transfer (Osko fast pay |
| Withdrawal Time | 1-3 business days |
Related Content
Change Log
- April 2026, Review published based on hands-on testing
18+. T&Cs apply Gamble responsibly. Call 1800 858 858 for support.