Terrybet is no longer accepting new customers. View all closed brands →
Overview
100% Australian-owned by veteran NSW bookmaker Terry Coelli; racing-focused with RaceLab tools and market flucs; BetMakers software; daily personalized promotions
Terrybet was established in Online launch 2024 (on-track since 1990) and is operated by Owned by Terrence (Terry) Coelli / Terrybet Sports Pty Ltd. The operator holds a licence from Licensed by Racing NSW, regulated by Liquor & Gaming NSW.
We tested Terrybet 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 | Online launch 2024 (on-track since 1990) |
| Launched | Oct 2024 |
| Parent Company | Owned by Terrence (Terry) Coelli / Terrybet Sports Pty Ltd |
| Licence | Licensed by Racing NSW, regulated by Liquor & Gaming NSW |
| Overall Rating | 4.9/5.0 |


Our Rating
Sports and Racing Markets
Horse racing (AU & international), harness racing, greyhounds, AFL, NRL, cricket, soccer, tennis, basketball, rugby league/union, American football, baseball, boxing, darts, golf, ice hockey, MMA, motor sport, volleyball
For Australian punters, the most relevant markets are thoroughbred racing, greyhounds, AFL, NRL, and cricket. Terrybet covers all of these extensively. See our horse racing betting guide for market types and strategies.
Key Features
Same Game Multi, Same Race Multi, live betting, cash out, market flucs, RaceLab (form guides, speedmaps, expert tips), international racing live streaming (TerryLive), session timers
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 for iOS (App Store) and Android (Google Play)
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
Terrybet accepts the following deposit methods: Debit/credit cards (Visa, Mastercard), PayID, 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; processed daily (cut-off afternoon), typically 24-48 hours or next business day; min withdrawal $20. Check the withdrawal speed tracker for how Terrybet compares on payout times.
The minimum deposit is $10 and the minimum bet is Not specified; typical AU bookie low mins expected. 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 |
| Apple Pay | $5-$10 | Instant | Not available |
| Bank Transfer | $10-$20 | 1-3 business days | 1-5 business days |
Customer Support
Live chat (website/app), email ([email protected]), phone (02 6130 3079 for exclusions)
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 (immediate decrease, 7-day delay increase), self-exclusion (temporary/permanent), account closure, session monitoring/timer; supports 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. Terrybet 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
- Limited sports/novelty markets
- Promotional offers limited by Australian regulations
Verdict
Terrybet scores 4.9/5.0 in our testing. Positive for racing focus, ease of use, support; new site (2024) with good early reviews; some note limited sports depth
For punters who prioritise racing markets and competitive odds, Terrybet is worth considering. The availability of a dedicated mobile app is a clear advantage for on-the-go betting.
We noted the following concerns during testing: Limited sports/novelty markets, no AU racing streaming, basic app design, occasional withdrawal delays; no major regulatory issues found.
Compare Terrybet
Test Log
| Date Tested | April 2026 |
| Tested By | Jeremy Hartigan, Lead Analyst |
| Devices | iPhone 15 Pro, MacBook Pro |
| Deposit Method | Debit/credit cards (Visa |
| Deposit Time | Instant |
| Withdrawal Method | Bank transfer |
| Withdrawal Time | 1-3 business days |
Related Content
Change Log
- April 2026, Review published based on hands-on testing
The Terrybet.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.