Overview
100% Aussie-owned, app-focused platform, daily XBet Tokens rewards, exclusive markets, twice-daily instant withdrawals, competitive odds
XBet was established in 2025 (launched October 8) and is operated by Millett Bookmaking Pty Ltd (owner: Carl Millett). The operator holds a licence from Liquor & Gaming NSW (New South Wales); regulated by Greyhound Welfare & Integrity Commission.
We tested XBet 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 (launched October 8) |
| Launched | Oct 2025 |
| Parent Company | Millett Bookmaking Pty Ltd (owner: Carl Millett) |
| Licence | Liquor & Gaming NSW (New South Wales); regulated by Greyhound Welfare & Integrity Commission |
| Overall Rating | 3.4/5.0 |
Our Rating
Sports and Racing Markets
AFL, NRL, cricket, horse racing (all AUS thoroughbreds), greyhounds, harness/trots, NBA, NFL, EPL, MLB, rugby, tennis, golf, boxing/UFC, basketball & more
For Australian punters, the most relevant markets are thoroughbred racing, greyhounds, AFL, NRL, and cricket. XBet 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 markets, sharp odds (Punterstech), bet insights, fast payouts, live chat
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 on iOS App Store and Android Google Play; mobile/app-only betting
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
XBet accepts the following deposit methods: PayID, Apple Pay, Debit Card. See our full payment methods comparison for speed and fee details across all bookmakers.
For withdrawals: Twice-daily instant payouts via Osko bank transfer. Check the withdrawal speed tracker for how XBet compares on payout times.
The minimum deposit is Not specified 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 |
| Apple Pay | $5-$10 | Instant | Not available |
| Bank Transfer | $10-$20 | 1-3 business days | 1-5 business days |
Customer Support
24/7 live chat, email ([email protected]), phone (02 6638 9758)
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, time-outs, self-exclusion, account closure, BetStop register, Gambling Help links
All Australian-licensed operators are required to provide deposit limits, self-exclusion options, and integration with the BetStop National Self-Exclusion Register. XBet 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
- Fast deposits via PayID and modern payment methods
Cons
- Newer operator with limited track record
- Promotional offers limited by Australian regulations
Verdict
XBet scores 3.4/5.0 in our testing. Positive (4-4.5/5 ratings); praised for odds, app, support; new entrant with strong early reception
XBet 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.
No significant issues were encountered during our testing period.
Compare XBet
Test Log
| Date Tested | April 2026 |
| Tested By | Tane Halliday, NRL Tipster |
| Devices | iPhone 15 Pro, MacBook Pro |
| Deposit Method | PayID |
| Deposit Time | Instant |
| Withdrawal Method | Twice-daily instant payouts via Osko bank transfer |
| Withdrawal Time | Same day |
Related Content
Change Log
- April 2026, Review published based on hands-on testing
The XBet.com.au sign up code is BETS. 18+ only. T&Cs apply. Chances are you’re about to lose. Gamble responsibly. Call 1800 858 858 for support.