Luxbet Bookmakers

Initiated by Australian Stock Exchange listed Tabcorp Holdings in late 2008, Luxbet, in an ongoing effort to attract market share and lure punters from other online bookies. Bonus $250.00 bet here.

They offer extremely competitive odds, attractive new member offers and constant promotions to their customers.

Currently, new customers will receive a 100% bonus bet, Luxbet will double members first deposit upto $250.00 when they open a new account.

Bonus $250.00 Bet to new members:

Luxbet wants your business. They are offering all new members an exclusive Bonus Bet upto $250.00.

To claim your Bonus Bet:

• Open a new account with Luxbet
• Deposit just $25.00 or more and get double your money. So depost $250.00 and bet with $500.00
• Will be in your account after your first deposit automatically. Great geniune offer by Luxbet
• Sign up today here 

Other current promotions are Live Betting, Money back if your horse runs second, Free Black Book available, Best Price of the Totes, First Goal Scored and more.

Luxbet is offered solely in English. Funding options are limited to Visa and MasterCard, Moneybookers POLi, BPAY and bank transfer.

Turnover requirements are a relatively liberal 1x for actual deposits as well as bonuses of less than $250 and 2x for bonuses exceeding that amount. Credit facilities are available upon application and subject to a minimum of $250. Maximum payouts for both telephone and Internet wagers is $150,000, depending upon limits applied according to the specific bet type.

Additionally, racing multiple wager payouts are limited to 10,000 times the amount wagered.

Luxbet has no dormant account fees and does offer a mobile version of their website.

Luxbet's main strength is an attractive, intuitive, easy to navigate website. Horse racing all across Australia is offered, along with certain overseas events.

Win/Place, Quinella, Exacta and Trifecta options are offered for most races, along with several tote options and fixed odds on the popular events that draw the most attention from punters.

One potential drawback, albeit a small one, is that you must sign up in order to access the racing pages, but that is not a major concern since with no minimum deposit for funding methods other than bank transfer is required.

Another is that some of the other bookmakers have a much deeper selection than Luxbet, though most punters will certainly find sufficient action with minimal effort. Like the funding and payout options, however, this will very likely grow with time.

Being that Luxbet is backed by entertainment giant Tabcorp, punters have the reassurance of a reputable company with solid financial backing that will continue to evolve and compete in the marketplace, which can only benefit punters in the long run.