VicBet Review

My rating:  3.4/5

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VicBet is one of the only Australian bookmakers that provides a very personal and targeted betting experience with a wide range and innovative racing markets domestically and internationally. VicBet has a strong reputation for being fair and good value, highlighted by more than 40 years of trusted service in Melbourne and regional Victoria.

The VicBet App provides a quick, colourful, and intuitive interface, so it is convenient and fun to place bets. Members enjoy a special loyalty program where they are well rewarded for their play.

Focusing only on Horse Racing, Harness and Greyhound bets enables the VicBet betting team to offer the best odds in the market and innovative betting opportunities. Among the notable features is the Same-Race Multi, which allows punters to make several selections in the same race and get a larger fixed odds prior to the race.

Deposits are fast and easy using different approaches such as credit/debit cards, PayID and bank transfer. Osko transfers allow withdrawals to your bank account to be easy and immediate. The modern, high-tech interface of this site or app guarantees the rapid, safe and convenient placement of bets anywhere.

As a part of the responsible gambling strategy, VicBet betting tools offer ways to set a deposit limit, which allows their customers to conduct their betting within the limits of safety and encourages them to see gambling as a harmless and controlled experience.

Let’s kick off this honest VicBet review by the team at AustralianBettingSites with a look at how the racing interface stacks up.

VicBet betting markets and odds offer a race day experience that can hardly be matched, with a sole focus on Horse races, Harness racing and Greyhound betting. They can afford to be more in-depth than most of their competitors as they specialise in racing only and provide good odds, extensive exotic markets, and unique betting options that are ideal for the serious punter.

Why Racing Punters Should Choose VicBet 

• Best of the Best (BOB) odds available every day on all Australian metro and non-metro meetings - up to $15,000 limits
• Access to a massive range of local and international races, including NZ, UK, Ireland, Japan, France, and Hong Kong
• Unique markets like Fav vs Field, Odds vs Evens, and custom Head-to-Head matchups on every thoroughbred race
• Big Bets feed lets punters see where the smart money is going - live and in real-time
• Backed by four generations of on-track experience, giving them a deep understanding to create the best VicBet Racing markets for punters’ needs

Racing Promotions

Among the most notable aspects of VicBet betting is the fact that they are committed to taking care of loyal customers. When most bookmakers resort to glitzy sports promotions or gimmicks, VicBet rewards loyalty and dedication through their VRewards loyalty program. Each bet you place will garner you points which can be used to get rewards, betting credit or even set to auto-redeem once you reach a certain amount. It is a modest and generous system that really gives something back.

Their Best of the Best product is another major promotion that keeps punters coming back for more. Whereas most rivals restrict this to Saturday or the big meets, VicBet has even gone further to provide BOB on each Australian mainland race, each and every day of the week. This means that punters will be able to enjoy the best price with the three totes and Top Fluc- which will maximise returns in the long run.

Odds: Are They Competitive?

Absolutely. 

VicBet always has some of the best fixed odds in the country and it is largely due to their history as a trackside bookmaker. They do not dilute their efforts in dozens of sports, rather, they focus all their efforts on getting their VicBet Australia racing markets prices at a competitive and fair price.

When Best Tote or SP and Best of the Best (BOB) is offered, all is above board, the punter is well placed to make value extraction, particularly in high liquidity meets in metros. Out of all the bookies, the daily BOB limits of $6,000 (non-metro) and $15,000 (metro) are very generous indeed, and VicBet is therefore well placed amongst the top bookies to target serious punters who want to make good returns.

Quicker App response and snazzier interface translate to easy, convenient and safe bet placement. Let’s chat about the app experience in the coming section during this VicBet Australia review.

The VicBet bookie experience has been mostly a desktop-based platform all the way up until recently, when it finally added a truly modern mobile experience on both iPhone and Android. The app offers quick loading, ease of navigation and race-centric design that makes it very easy to find and place your bets wherever you are, whether at home or at the racetrack.

Key Features of the VicBet App

• Sleek 3-panel layout with easy access to the full racing menu, betting markets, and your bet slip
• Same Race Multis and exotic bet types like Quinella, Trifecta, and First Four are all easily accessible
• VRewards integration, so you can track and redeem loyalty points directly in-app
• Live "Big Bets" feed, showing major bets as they happen across Aussie and international races
• One-tap access to promos, markets, and upcoming races via a modern, minimalistic dashboard

App Updates & Reliability

The latest update to the VicBet Australia app has brought it up to standard with the top downloaded betting apps in Australia. Speed, stability, and usability are all front and centre.

Although VicBet is a racing-only bookmaker, it does not mean it is light on features. With special betting options, a lucrative loyalty program and live market analysis, they offer more than just a basic racing experience.

Exclusive Loyalty Program

The VRewards program is offered to VicBet members with generous loyalty rewards. Each bet or deposit you make comes with the associated points that can be later used to get a VicBet bonus bet or another reward. Not many betting sites in Australia have this.

Same Race Multi

Prefer larger odds of one race? Same Race Multi, provided by VicBet, is flexible in that you can choose to put two or more runners to finish within the top 4, your way. It could be 1st & 2nd in order, it is up to you to control the combinations.

Big Bets

Learn the insider-like stuff without doing the deep form study. The Big Bets feature displays to you what the high-stakes punters are betting on in real time. 

VicBet is a niche bookmaker, and I think they are proud of it. VicBet is not a multi-sport betting site with AFL tips or a site that attempts to do everything under the sun. It is focused and concentrated on what they know best, which is racing.

What Sports Can You Bet On at VicBet?

Just one: Racing.

VicBet offers comprehensive markets across:

• Thoroughbreds
• Harness Racing
• Greyhounds

And it’s not just Aussie tracks - they cover international meetings from New Zealand, UK, Ireland, France, Japan, and Hong Kong. Which is not something that new betting sites always offer.

What’s Missing?

While they excel in racing, it doesn’t offer the range that some punters might be looking for:

• No Sports Betting: You won’t find AFL, NRL tips or odds, Soccer, NBA, Tennis betting markets or any other sports markets.
• No live streaming: There’s no vision of races - just markets and results.
• No live betting odds: All markets are pre-race only, with no in-play betting options. So if you’re looking for live Cricket betting sites, for example, this site ain’t it.
• No Esports: There are zero betting options on Esports or novelty markets.

If you're chasing a one-stop shop for betting on sport and racing, I think this VicBet review proves that this site or app isn’t for you. But if you're a racing purist who doesn’t care for multis on weekend footy, VicBet delivers in spades.

Let’s finish off this VicBet Australia review with a quick chat about the odds they put up. In my view, VicBet has established itself as a bookmaker that gives good and solid odds to racing punters. Being a long-established trackside bookmaker that has many years of experience in the business, they know what they are doing. 

They have one of the most generous headline products, which is Best of the Best (BOB). It pools the best price on all three TABs (NSW, VIC, QLD), and the best fluctuation of the on-course bookies. VicBet does not limit BOB to Saturdays or just a few meetings as do other bookies, but runs it on all mainland meetings, every day, with limits as high as $6,000 (non-metro) and $15,000 (metro).

VicBet is fair when it comes to margins. They tend to price their markets tightly, particularly when compared to larger corporates who usually add more margin to midweek or smaller meets. Fixed odds are published early and the markets fluctuate all the way up to jump time, so the punters can strike when the market is in their favour.

In this section of the VicBet betting review, we will be chatting about any promos or bonuses that you should be aware of. Although the Australian betting laws do not allow VicBet to present flashy sign-up betting bonuses, they certainly compensate for it with a massive variety of continuous racing promotions. 

These offers are targeted at those punters who are loyal and they are meant to create value, be it a Tuesday at Kembla or a Saturday at Flemington. When you are a regular on the punt, VicBet promotions are worth looking at once you have logged in.

Racing Promotions

VicBet’s racing-only focus allows them to go deeper with promos where it counts—on the track. Here’s what you can expect:

• Best of the Best (BOB) available on every Australian mainland race, every day—up to $15,000 limits on metro meets. Great for Melbourne Cup betting when that comes around.
• Early Payouts and ‘Just Missed’ Specials to help soften the blow when your runner falls just short
• VRewards program: earn and redeem points with every bet placed—no opt-in required
• Big Bets board: follow the smart money live to find potential market movers, sort of like Horse racing tips by the experts
• Same Race Multis with fixed odds pricing for punters chasing bigger returns from a single race

To start the VicBet betting journey, it is quick, easy, and takes only a few minutes. The process of signing up is easy and user-friendly, regardless of whether you are using their website or the mobile app. This is how you can create your account:

1. Head to the VicBet Website or App: Open their official website or launch the VicBet betting app on your device.
2. Click the Red "Join" Button: You’ll find it in the top right-hand corner of the screen.
3. Personal Information: Fill in your basic details
   • First Name
   • Surname
   • Country
   • Residential Address
   • Email Address
   • Contact Number
4. Account Information: Enter your account setup details
   • Create a Password
   • Select Gender
   • Date of Birth
   • (Optional) Promo Code
   • Set a Deposit Limit
   • Tick to Subscribe (or not) to the mailing list
5. Review & Confirm: Double-check that all your details are accurate. Then confirm your registration.
6. Confirmation Email: You’ll receive a welcome email with your user ID (which you’ll use to log in) and any additional account information

VicBet is easy and punter friendly in terms of banking. It is easy to deposit funds before a race jumps or withdraw your winnings, and it is always quick, safe, and done directly at the VicBet App or online. VicBet ensures you get to bet more and wait less with no transaction fees, low minimums and instant withdrawals through Osko.

Deposit Methods

Depositing on the VicBet bookmaker website or app is quick and easy and can be done with a large variety of deposit methods, such as Credit Cards, Debit Cards, PayID & Bank Transfers.

• Visa & Mastercard (Credit/Debit)
• PayID
• Osko
• EFT/Bank Transfer

Withdrawal Options

Transfer your winnings fast and directly to your bank account through the VicBet App. VicBet offers an Osko transfer that will allow you to get your money immediately, no delays.

• Bank Transfer
• Osko (instant processing where available)
• Minimum VicBet withdrawal: $1
• No withdrawal fees

VicBet boasts of offering the good old customer service with decades of industry experience. Have a query about a market? Issues with your account? The desire to talk to a real person? They will help connect you with the right person, day or night.

During this VicBet bookie review, I noticed that they provide 24/7 Live Chat, which is conveniently located at the chat bubble in the lower-right corner of the screen. You will be talking to actual team members. No bots, only people.

If you need to address an urgent problem, they have several communication channels, and they have their staff on duty when you need it. Be it by email, phone or mail, the customer service section is trustworthy, responsive and sincerely dedicated to assisting punters.