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The following is an in-depth review of the betting agency Luxbet. This review covers the history, features, interface, sports & racing markets, upsides and downsides of the service.
Luxbet was launched in September 2008 by Tabcorp Holdings, an ASX 100 listed company. Tabcorp also owns and operates TAB Sportsbet. TAB Sportsbet is licensed in NSW and Victoria, while Luxbet is licensed in the Northern Territory.1
Luxbet is one of the later entrants to online sports betting. For this reason it offers generous sign up offers in an attempt to gain market share. Because it is not as established as its sibling bookmaker, Luxbet offers better value odds than TAB Sportsbet.
Sign up with Luxbet and receive a 100% first deposit bonus bet up to $300. Only available to QLD, NT, TAS and ACT residents.
Luxbet offers a broad range of sporting markets, although the selection isn’t quite as large as at some other bookmakers. AFL and NRL are heavily catered for, with over 40 betting options on most matches. Rugby union is also well covered, with around 20 markets per game. The major American sports are catered for, and a huge range of soccer leagues are covered. Most punters will find the selection to be more than adequate, although a few niche punters may be disappointed.

Luxbet offers horse, harness and greyhound racing across Australia and selected overseas events. Win/Place, Quinella, Exacta and Trifecta options are available. A number of Tote options are offered for most races, and fixed odds are also available on the more popular events.
Race horse owners and trainers who join the ClubXtra program receive a 12% win bonus every time they place a bet on a horse they own or train. Also, Luxbet claims to offer the most advanced horse racing blackbook in the marketplace, offering email and SMS alerts.
No minimum deposit for most deposit methods
Easy to use, intuitive, beginner friendly interface
Live scores & statistics section
Luxbet is backed by the entertainment giant Tabcorp
Live online betting is not available to Australian residents (due to Australian law)
Customer service is average. We’ve been underwhelmed when using both the live chat and phone betting service.
Have been known to suspend or limit the accounts of successful punters
Often slower to display odds for upcoming fixtures than leading competitors

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