EliteBet Review

My rating:  3.6/5

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AustralianBettingSites is here to talk to you about a fairly underrated bookie in Australia. EliteBet is an Australian-based bookmaker that was established in 2012 by Daniel Paolini. It has its headquarters at Rosehill Gardens Racecourse in Sydney and is licensed by Racing NSW. It has established a good niche in local betting with a strong emphasis on racing and competitive odds.

EliteBet is strong in racing, including thoroughbred, harness and greyhound racing throughout Australia. They provide multiple betting products such as Best Tote Plus SP, Fixed Odds and others. There is also international racing which provides punters with the option of betting on Asian, USA and more.

Although EliteBet is a racing focused bookie in my view, it has betting on more than a dozen sports such as AFL, NRL, NBA, and Soccer. Features such as Same Game Multis are available and the markets are decent compared to larger global bookmakers.

EliteBet has a good mobile app on Android and iOS. It is straightforward and well designed, having separate tabs on races and sports. The app also has convenient features such as speed maps, form guides, and a Hot Bet feature to track the best punters - great for Melbourne Cup betting in November.

It is easy to deposit with a good amount of options. Withdrawals are processed through a bank transfer and usually take a reasonable amount of time, but not immediately.

The EliteBet bookmaker team offers customer care through telephone calls and emails, and the responses are quick and effective. Live chat is not present, which may be a drawback to some who want to see quicker resolutions.

Let’s kick things off in this EliteBet review with a section focused purely on the EliteBet Racing markets and any features worth talking about.

Why Racing Punters Should Choose EliteBet

EliteBet is not attempting to appeal to everyone, and that is a good sign. This is a bookie established by a seasoned bookmaker Daniel Paolini and located at the Rosehill Racecourse. Which means this is a bookie for the people of racing, by racing punters. EliteBet should definitely be on your radar, especially when you are primarily betting on the horses, greyhounds or trots.

It is not like new betting sites, which can seem like copy and paste operations, EliteBet is a racing site through and through with a wealth of knowledge, quality form guides and a product built around actual punting behaviours - not a gimmick.

• All three codes covered: Thoroughbreds, greyhounds, and harness racing.
• Domestic and international markets: You’ll find runners from Australia, New Zealand, Hong Kong, the UK, and more.
• Same Race Multis: Available for major events.
• Form tools: The site includes detailed runner info and speed maps, which are easy to access and digest.
• Next-to-jump interface: Clean, fast-loading, and efficient — a big tick for mobile punters.

Racing Promotions

After signing up, you will gain entry to a constant flow of racing offers - such as price increases, second chance bets and additional place markets (on selected races). These promotions are dynamic and able to be seen by signed-in customers, which is in line with Australian gambling laws.

They cannot promote flashy sign-up bonuses, but the current offers are genuine and can compete with such betting sites as Ladbrokes or TAB.

One more feature to mention is their Hot Bets section, where you can track the most successful tipsters and know where they are betting. You can even have alerts when your favourite punters are having a punt.

Odds: Are They Competitive?

Yes, especially in racing.

EliteBet can and does on many occasions compete and even outdo the big corporates in the area of fixed odds for metro and country meetings both locally and abroad. You will quite often find them top of the early betting market, which is perfect for value seekers.

Their greyhound and harness odds are equally good and there is no padding of the margin, which is ideal should you wish to bet on races outside the mainstream Group ones and Saturday racing.

Let’s continue this EliteBet Australia review with a look over the mobile apps. As a punter who likes to bet on the move, the EliteBet betting app is fast and sure, perhaps not as bloated and fussy as some of the larger operators. The app is available on iOS and Android and just like EliteBet does, it keeps it simple with quick, hassle-free racing and sports betting in an easy-to-navigate interface.

It may lack the flash animations and the novelty features, but for the serious punters who only want to get their bets on in a quick and easy to understand manner, it scores.

Key Features of the EliteBet App

• Hot Bets integration: See what high-performing punters are backing and copy their plays with a tap.
  
• Same Race / Same Game Multis: Build multis on selected races and major sports like AFL, NRL, Basketball, and Soccer. Ideal for NRL tips.
  
• Three-panel interface: Mirrors the desktop setup with a menu, market view, and betslip panel, super intuitive.
  
• Live racing feed: Next-to-go races are front and centre.
  
• Form guides & runner info: Easily accessible for racing markets, especially thoroughbreds.
• Quick bet placement: Fast loading times and efficient flow from market selection to confirmation.

App Updates & Reliability

Although it is a smaller bookmaker, the EliteBet Australia app performs and stays stable quite well. It has frequent updates and is compatible with the most recent iOS and Android.

• Speed: The app is fast, with minimal lag or crashes, even during peak race times. 
• Design: The yellow and black colour scheme isn’t just on-brand — it’s functional. Text is easy to read, and buttons are well-sized for touch.
• Stability: No major bugs were noted, which is more than can be said for some flashier, feature-heavy betting apps.

Although they are relatively simple compared to the big corporates, it still provides a respectable range of tools that make punting a breeze, particularly for racing enthusiasts. Here are four outstanding products and features worth knowing about in this EliteBet betting review:

Hot Bets

It is the most distinctive feature they have, in my opinion. Hot Bets enables you to track horse racing tips made by popular punters, form analysts or winning tipsters. You may see their choices, pay a minimal amount in order to get tips or copy their bets to your betslip.

Same Race Multi

EliteBet Racing features include Same Race Multi for horse racing and greyhound races. This will allow you to mix several runners in the same race (e.g. one to win, another to place) to get higher odds. It is a necessity for any value seeker who is looking to create creative bets outside of fixed win/place markets.

Same Game Multi

Offering this feature on all the major sports, including AFL, NRL, Basketball, Cricket, and Soccer, you can place a multi-market bet on the same match, i.e. combine total points, margin, and try scorers in a single bet. It is perfect when you have a good read on how a game may go or when you have a high-stakes game.

Member-Only Racing Promos

EliteBet does not provide sign-up betting bonuses (because of the Australian regulations), but it compensates for this fact with frequent promotions offered to members. After you join, you will be given access to:

• Bonus back on second or third
• Price boosts
• Multi insurance
• Extra place payouts

Racing is obviously the staple of EliteBet betting markets and options. But it does have a respectable selection of sports markets to keep the punters who prefer to diversify their bets happy. But when it comes to depth and niche sports betting, there are obvious drawbacks when you are a diehard sports punter.

What Sports Can You Bet On at EliteBet?

EliteBet covers most of the major codes, including:

• AFL
• NRL
• NBA
• Cricket
• Soccer
• Tennis betting markets
• Boxing/MMA
• NFL
• Ice Hockey
• Golf
• Darts
• Cycling
• Motor Racing
• Baseball
• Rugby Union
  
  

What’s Missing?

This is where EliteBet lags behind the big players:

• You’ll often only find basic markets (e.g. win/loss, line, total) with little to no prop bets or exotic options. Compared to other Cricket betting sites, they can be annoying.
• No live betting or in-play markets.
• No live streaming or match stats, which hurts engagement for sports-focused punters.
• No esports, novelty, or politics markets, which are increasingly popular with younger or casual bets.

EliteBet betting markets do not fall short in the area of odds, particularly in the racing. Their set odds markets in thoroughbreds, greyhound betting and harness racing are every bit as good, or even superior, to the large corporate bookmakers. EliteBet will also be regularly in the market top tier when it comes to metro meetings, which means they are a good option when it comes to value.

In the case of sports, however, the plot is a little different. The margins on sports at EliteBet are a little tighter, on standard line and head-to-head markets odds of $1.85 on both sides are likely to be common. Comparatively, larger bookmakers such as Sportsbet or Bet365 will frequently pay at least $1.90 and in the long run, this can be a big saving for a regular sports punter. This disparity has been particularly evident in line betting and in less popular sports, in which EliteBet can be shallow and unaggressive in terms of prices.

Although Australian betting laws do not allow EliteBet to market sign-up bonuses, there is a good range of member-only offers once you are a member, particularly for racing fans. The latter are aimed at providing punters additional value on their already ongoing bets, less fluff and more attention to ROI.

You will have to be logged in and have an account to see the complete list, but here is what we have to offer:

Racing Promotions

Racing is EliteBet’s main game, and their promotions reflect that. Once you’ve signed up, you’ll see a strong mix of daily and event-based offers.

Popular EliteBet Australia racing promos include:

• Bonus Back: Get your stake back in bonus bets if your runner finishes 2nd or 3rd (selected races)
• Second Chance Bets: Refunds on near-misses in featured markets
• Price Boosts: Enhanced odds on selected runners
• Extra Place Payouts: Paid out on more finishing positions in big fields
• Racing Multis Insurance: Protects part of your multi if one leg fails

Sports Promotions

EliteBet Sports promos are less frequent than racing, but there are still some decent offers tied to key events and seasons.

Common sports promos include:

• Multi Insurance: Get an EliteBet Bonus bet back if one leg of your multi goes down
• Boosted Odds: On selected AFL, NRL, or NBA matches - great for AFL tips
• Same Game Multi Specials: Bonuses or insurance on multi bets in major codes

Here’s a step by step guide to signing up at EliteBet Australia.

1. Visit the Official Website
   • Go to https://www.elitebet.com.au using your preferred web browser.
   • Make sure you're on the official site to ensure your data is secure.
2. Click “Join” or “Sign Up”
   • Find the “Join” or “Sign Up” button—usually located at the top-right corner of the homepage.
   • Click it to open the registration form.
3. Enter Your Personal Information 
   
   • Date of Birth (You must be 18+ to register)
   • Residential Address (must be an Australian address)
   • Email Address
   • Mobile Number
   • Username and Password
   • Make sure your details are accurate, as they’ll be used for identity verification.
4. Set Betting Preferences
   • Set a deposit limit
   • Opt-in or out of promotional emails or SMS alerts.
5. Accept Terms & Conditions
   • Read and agree to the EliteBet betting Terms and Conditions and Privacy Policy.
   • Tick the required boxes confirming you are over 18 and accept the terms.
6. Click “Create Account”
   • After filling out all fields, click “Create Account” or “Join Now” to submit your registration.
7. Verify Your Identity
   • As per Australian law, you must verify your identity.
   • It will prompt you to:
     
     • Upload documents (e.g., driver’s licence, passport)
     • Or use an online verification service linked to your account
8. Make Your First Deposit
   • Go to the “Deposit” section.
   • Choose a payment method
   • Deposit funds into your account to begin betting.

We’re now up to banking options during this EliteBet bookie review and I will chat to you about the banking methods they have at the moment. 

EliteBet is straightforward and easy to use as far as banking is concerned. The platform lacks a never-ending list of payment options, as some of the bigger bookmakers do, but the basics are covered, and all transactions are free of charge. Depositing and cashing out, whether you have won a weekend punt or want to cash out after a win, are all easy and painless.

Deposit Methods

The depositing process is simple, and the range of options is small yet stable. Deposits are all done on the spot and you will not be left stranded to make your bets.

• Visa Debit/Credit Card
• Mastercard
• PayID
• Bank Transfer (for larger deposits – may take longer)

Withdrawal Options

EliteBet withdrawal is a streamlined process, but it's limited to bank transfer only. While that means no instant e-wallet cash-outs, they have reliable turnaround times into an Aussie bank.

• Bank Transfer (Usually 1–3 business days depending on your bank)

The EliteBet bookie team provides good, no-nonsense customer support, but it is more conventional than high-tech. In case of need, you can contact them by phone or email, which is the bare minimum, but the absence of a live chat can be a drawback to those punters who are accustomed to fast responses. Nonetheless, email responses are usually fast, and the call centre is actually employees located in Australia, rather than outsourced call centres.

During this EliteBet Review, I found the service team consists of individuals with a robust racing background, thus they are in a good position to help with markets, account questions or bet settlements, particularly when dealing with horse racing questions. Saying that, EliteBet does not provide 24-hour support and in case you are making late night multis or making bets in another country, you may have to wait until the business hours to get assistance.

They also have a simple FAQ on their site to get quick responses, but it is not as comprehensive or searchable as with the big bookmakers such as Sportsbet or bet365. In general, the support of EliteBet is personal and good; however, a modern live chat would be a nice addition.