Overview
100% Aussie-owned new site, slick app, exclusive loyalty, strong racing focus, fast bank withdrawals
Pandabet was established in Launched July 2025 (new bookmaker) and is operated by Betting Services Australia Pty Ltd (100% Australian-owned). The operator holds a licence from Liquor & Gaming NSW; operator Betting Services Australia Pty Ltd; ACMA registered; interstate auth in SA (54301694).
We tested Pandabet 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 | Launched July 2025 (new bookmaker) |
| Launched | Jul 2025 |
| Parent Company | Betting Services Australia Pty Ltd (100% Australian-owned) |
| Licence | Liquor & Gaming NSW; operator Betting Services Australia Pty Ltd; ACMA registered; interstate auth in SA (54301694) |
| Overall Rating | 4.1/5.0 |


Our Rating
Sports and Racing Markets
Horse racing (strong), tennis, cricket, snooker, basketball, AFL, NRL, greyhounds (likely standard AU sports/racing)
For Australian punters, the most relevant markets are thoroughbred racing, greyhounds, AFL, NRL, and cricket. Pandabet covers all of these extensively. See our horse racing betting guide for market types and strategies.
Key Features
Same Game Multi, Same Race Multi, exclusive loyalty program, modern platform, cash out (likely)
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 iOS and Android apps
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
Pandabet accepts the following deposit methods: Debit cards, PayID (instant), EFT/bank transfer, cash at NAB. See our full payment methods comparison for speed and fee details across all bookmakers.
For withdrawals: EFT/bank transfer (daily processing, up to 5 business days); min $10; fast payouts promoted. Check the withdrawal speed tracker for how Pandabet compares on payout times.
The minimum deposit is $10 (inferred, no fees over $10) and the minimum bet is Not specified. 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 |
| Bank Transfer | $10-$20 | 1-3 business days | 1-5 business days |
Customer Support
Live chat (8am-11pm Sydney, 7 days), email ([email protected]), phone (07 3077 7137)
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 (daily/weekly/monthly), self-exclusion (temp/permanent), account closure, BetStop, wellness checks
All Australian-licensed operators are required to provide deposit limits, self-exclusion options, and integration with the BetStop National Self-Exclusion Register. Pandabet 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
- Cash out available on eligible bets
- Fast deposits via PayID and modern payment methods
Cons
- Newer operator with limited track record
- User complaints: low odds vs TAB
- Promotional offers limited by Australian regulations
Verdict
Pandabet scores 4.1/5.0 in our testing. 4/5 on Trustpilot (limited reviews); mixed - good app/support, but low odds, small promos
Pandabet 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: User complaints: low odds vs TAB, strict bonus terms, support knowledge gaps; no major regulatory issues.
Compare Pandabet
Test Log
| Date Tested | April 2026 |
| Tested By | Harvey Cooper, Racing Editor |
| Devices | iPhone 15 Pro, MacBook Pro |
| Deposit Method | Debit cards |
| Deposit Time | Instant |
| Withdrawal Method | EFT/bank transfer (daily processing |
| Withdrawal Time | 1-3 business days |
Related Content
Change Log
- April 2026, Review published based on hands-on testing
The Pandabet.com.au code is BETSAUS. 18+. T&Cs apply. Gamble responsibly. Call 1800 858 858 for support.