Overview
New entrant with value odds, exclusive promos, 24/7 worldwide racing incl. AUS/NZ, referral code BETS/BETSAU
OnlyBets was established in 2025 (new bookmaker) and is operated by Not publicly disclosed (independent Australian operator). The operator holds a licence from Australian licensed bookmaker (likely Northern Territory Corporate Bookmaker Licence, standard for AUS online sites).
We tested OnlyBets 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 | 2025 (new bookmaker) |
| Launched | Jan 2024 |
| Parent Company | Not publicly disclosed (independent Australian operator) |
| Licence | Australian licensed bookmaker (likely Northern Territory Corporate Bookmaker Licence, standard for AUS online sites) |
| Overall Rating | 3.1/5.0 |
Our Rating
Sports and Racing Markets
Sports: Soccer, American Football, Cricket, Aussie Rules, Tennis, Boxing, Golf & more. Racing: Worldwide incl. AUS/NZ horse racing (Win, Place, Quinella, Exacta, Trifecta, First Four, same-race multis)
For Australian punters, the most relevant markets are thoroughbred racing, greyhounds, AFL, NRL, and cricket. OnlyBets covers most of these markets, though coverage varies by sport. See our horse racing betting guide for market types and strategies.
Key Features
Live betting, pre-game markets, same-race multis, advanced betting tools/racing tools (cash out & bet builder not confirmed in reviews)
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, available on iOS App Store & Google Play Store
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
OnlyBets accepts the following deposit methods: Visa, Mastercard, POLi, PayID, Bank Transfer/EFT. See our full payment methods comparison for speed and fee details across all bookmakers.
For withdrawals: Bank Transfer (times typically 1-3 days; exacts not specified). Check the withdrawal speed tracker for how OnlyBets compares on payout times.
The minimum deposit is Not specified (typical AUS: $10-20) and the minimum bet is Varies by state/event (typical AUS: $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 |
Customer Support
Live Chat (9am-10pm AEST), Email
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, 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. OnlyBets 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
- Newer operator with limited track record
- New site (limited history)
- Promotional offers limited by Australian regulations
Verdict
OnlyBets scores 3.1/5.0 in our testing. Positive early reviews: efficient support, good racing coverage; listed among new AUS bookies
OnlyBets 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: New site (limited history); some reviews note limited sports/payment options; no major complaints found.
Compare OnlyBets
Test Log
| Date Tested | April 2026 |
| Tested By | Andrew Whitlam, Editor |
| Devices | iPhone 15 Pro, MacBook Pro |
| Deposit Method | Visa |
| Deposit Time | Instant |
| Withdrawal Method | Bank Transfer (times typically 1-3 days |
| 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.