Overview
Built for punting with mates (team-oriented experience), competitive racing odds using Punterstech software, 6x daily instant withdrawals, focus on racing specialist with value odds and toolkit, personalised promos
Teambet was established in Launched October 2025 and is operated by Betfocus Pty Ltd (ABN 64 668 993 379, active since Dec 2023). The operator holds a licence from Licensed bookmaker of GWIC, regulated by Liquor & Gaming NSW (New South Wales); authorised interstate operator in South Australia.
We tested Teambet 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 October 2025 |
| Launched | Oct 2025 |
| Parent Company | Betfocus Pty Ltd (ABN 64 668 993 379, active since Dec 2023) |
| Licence | Licensed bookmaker of GWIC, regulated by Liquor & Gaming NSW (New South Wales); authorised interstate operator in South Australia |
| Overall Rating | 3.2/5.0 |
Our Rating
Sports and Racing Markets
Comprehensive racing (horse, greyhound, harness - Australian and international) and sports (AFL, NRL, NBA, NFL, EPL, MLB, NHL, cricket, tennis, basketball, rugby, boxing/UFC, etc.) markets
For Australian punters, the most relevant markets are thoroughbred racing, greyhounds, AFL, NRL, and cricket. Teambet covers all of these extensively. See our horse racing betting guide for market types and strategies.
Key Features
Same Game Multi, Same Race Multi, boosted opinion betting, daily specials, racing toolkit, live betting (likely, standard for AUS bookies), 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 apps available on Google Play (version 1.9.42, updated Oct 2025) and Apple App Store; user-friendly with full features
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
Teambet accepts the following deposit methods: PayID, Apple Pay, Debit Card (Visa/Mastercard). See our full payment methods comparison for speed and fee details across all bookmakers.
For withdrawals: Fast payouts at least twice daily via Osko; some reviews mention within 1 hour. Check the withdrawal speed tracker for how Teambet compares on payout times.
The minimum deposit is $10 (inferred from similar new sites and bonus requirements) and the minimum bet is $1 (standard for Australian online bookmakers). 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 |
| Apple Pay | $5-$10 | Instant | Not available |
| Bank Transfer | $10-$20 | 1-3 business days | 1-5 business days |
Customer Support
24/7 Aussie support via email ([email protected]), phone (1800 858 858 for gambling help, 0450 763 814 for account closure); real people, no runarounds
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. Teambet 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
- Newer operator with limited track record
- Promotional offers limited by Australian regulations
Verdict
Teambet scores 3.2/5.0 in our testing. New site (launched Oct 2025), positive early feedback on app stores for customer service, promos, fast withdrawals; competitive pricing noted in reviews; listed among trusted new AUS bookies
Teambet is a serviceable option for Australian punters, though there are stronger alternatives in our rankings.
No significant issues were encountered during our testing period.
Compare Teambet
Test Log
| Date Tested | April 2026 |
| Tested By | Jeremy Hartigan, Lead Analyst |
| Devices | Samsung Galaxy S24, Windows Desktop |
| Deposit Method | PayID |
| Deposit Time | Instant |
| Withdrawal Method | Fast payouts at least twice daily via Osko |
| Withdrawal Time | 1-3 business days |
Related Content
Change Log
- April 2026, Review published based on hands-on testing
The teambet.com.au code is BETS. 18+ only. T&Cs apply. Chances are you’re about to lose. Gamble responsibly. Call 1800 858 858 for support.