PremiumBet Review

Overview

Premium service focus on racing markets with best odds, exclusive racing tips, intuitive racing dashboard/filtering, live streaming racing, Australian-owned with 30+ years experience, BetMakers platform

PremiumBet was established in Online platform launched 2023; 30+ years as licensed bookmaker and is operated by Frank Hudson (ABN 117 597 567 84) trading as PremiumBet. The operator holds a licence from Licensed bookmaker in Victoria by Racing Victoria and Victorian Gambling and Casino Control Commission (VGCCC); subject to Club Bookmakers’ Licence Rules 2010.

We tested PremiumBet 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.

Our Rating

Sports and Racing Markets

Heavy focus on racing (horse, greyhound, harness local and international); 20+ sports including AFL, NRL, cricket, soccer, basketball, American Football, Baseball, Boxing, Darts, Football (soccer)

For Australian punters, the most relevant markets are thoroughbred racing, greyhounds, AFL, NRL, and cricket. PremiumBet covers all of these extensively. See our horse racing betting guide for market types and strategies.

Key Features

Same Game Multi, Same Race Multi, cash out (not on Same Race Multi), bet builder/prop bets, live streaming via PremiumBet TV for racing (verified users only), no online live/in-play betting (phone only per AU law), racing tips

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

Dedicated 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

PremiumBet accepts the following deposit methods: Visa, Mastercard, POLi, Apple Pay, Google Pay, bank transfer. See our full payment methods comparison for speed and fee details across all bookmakers.

For withdrawals: Bank transfer, card payments; min $20; typical processing few business days; no fees from site; must wager deposit once before withdrawing. Check the withdrawal speed tracker for how PremiumBet compares on payout times.

The minimum deposit is $10 and the minimum bet is $0.50. These are in line with industry standards for Australian bookmakers.

Customer Support

Email ([email protected], [email protected]), live chat; available 9am-10pm AEDT; phone for account closure: 03 5775 6935

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, immediate for lower, 7-day wait to raise/remove), self-exclusion (temp/permanent via account or email), account suspension/closure, activity statements, self-assessment quiz, minors exclusion filters, BetStop national register

All Australian-licensed operators are required to provide deposit limits, self-exclusion options, and integration with the BetStop National Self-Exclusion Register. PremiumBet meets these requirements.

Pros & Cons

Verdict

PremiumBet scores 4.2/5.0 in our testing. Positive user sentiment as new premium racing-focused site; licensed/regulated; strong security; limited reviews due to newness

PremiumBet 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: Limited support hours; no dedicated help centre; niche sports coverage lacking; no fantasy/esports/casino; no phone for general support listed on site.

Test Log

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