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Overview
Fast PayID withdrawals (1-2 hours), premium personalized service with relationship managers, member of NSW Bookmakers Co-Operative (guaranteed payouts), GoldBoost for odds boosts, competitive racing markets (best of 3 totes, top fluc), 100% Australian owned Trustpilot, Bets.com.au, Goldbet AboutUs
Goldbet was established in 2020 (GoldBet Pty Ltd ACN registered 18 Feb 2020) and is operated by GoldBet Pty Ltd (ACN 639 183 136); 100% Australian owned CreditorWatch, Goldbet AboutUs. The operator holds a licence from Licensed by Greyhound Welfare and Integrity Commission (GWIC), regulated by Liquor & Gaming NSW, New South Wales Goldbet AboutUs, Goldbet Terms.
We tested Goldbet 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 | 2020 (GoldBet Pty Ltd ACN registered 18 Feb 2020) |
| Launched | Jan 2024 |
| Parent Company | GoldBet Pty Ltd (ACN 639 183 136); 100% Australian owned CreditorWatch, Goldbet AboutUs |
| Licence | Licensed by Greyhound Welfare and Integrity Commission (GWIC), regulated by Liquor & Gaming NSW, New South Wales Goldbet AboutUs, Goldbet Terms |
| Overall Rating | 5.0/5.0 |
Our Rating
Sports and Racing Markets
Comprehensive racing (thoroughbred, harness, greyhound across AUS/NZ/Intl tracks) and sports (tennis ATP challengers, basketball CBA/NBL/WNBL, soccer A-League, cricket Big Bash, DOTA 2, etc.); win, line, exotics, multis up to 10 legs including same-race multis Goldbet Sport, ZoomInfo
For Australian punters, the most relevant markets are thoroughbred racing, greyhounds, AFL, NRL, and cricket. Goldbet covers most of these markets, though coverage varies by sport. See our horse racing betting guide for market types and strategies.
Key Features
Multi-leg bets (up to 10 legs), same-race multis, top fluc, best of 3 totes, GoldBoost tokens for boosted odds, cash out available, live betting implied via 24/7 platform Goldbet Rules, Bets.com.au
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 mobile app available alongside responsive website Goldbet Terms, Goldbet FAQ
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
Goldbet accepts the following deposit methods: PayID/Osko (instant), Debit Card, POLi, EFT (Westpac/CommBank), Cash deposit at branches; small fees under $10-$20 Goldbet FAQ, Goldbet Terms. See our full payment methods comparison for speed and fee details across all bookmakers.
For withdrawals: PayID/Osko (processed 8x daily, within hours), EFT fallback (up to 5 business days); min $5 (smaller with approval), no Goldbet fees (possible bank fees), must turnover deposits 1x and verify ID Goldbet FAQ, Goldbet Terms. Check the withdrawal speed tracker for how Goldbet compares on payout times.
The minimum deposit is Not specified (fees apply under $10) Goldbet FAQ and the minimum bet is $0.01 Goldbet FAQ. 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 |
Customer Support
24/7 Live Chat, email [email protected], phone 0409 238 238 (0409 BET BET), relationship managers Trustpilot, Goldbet FAQ
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. Goldbet 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
- Live betting and streaming features
- Cash out available on eligible bets
- Fast deposits via PayID and modern payment methods
Cons
- Some complaints of account closures/refused payouts on wins (esp. verification/t
- Promotional offers limited by Australian regulations
Verdict
Goldbet scores 5.0/5.0 in our testing. Generally positive (4.2-4.3/5 on Trustpilot from 50+ reviews): praised for fast withdrawals, 24/7 support, markets, bonuses; rated #1 on some review sites Trustpilot, Goldbet.com.au
For punters who prioritise racing markets and competitive odds, Goldbet is worth considering.
We noted the following concerns during testing: Some complaints of account closures/refused payouts on wins (esp. verification/third-party deposits), poor rewards for high-volume bettors, platform glitches, limited prop bets, unresponsive phone Tru.
Compare Goldbet
Test Log
| Date Tested | April 2026 |
| Tested By | Ryan Mahoney, Lead Analyst |
| Devices | iPhone 15 Pro, MacBook Pro |
| Deposit Method | PayID/Osko (instant) |
| Deposit Time | Instant |
| Withdrawal Method | PayID/Osko (processed 8x daily |
| 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.