Luxbet was launched in 2008 by the ASX listed Tabcorp Holdings, and has since grown into one of Australia’s leading corporate bookmarking brands. Since its launch, Luxbet has gained a considerable market share in the industry by providing newcomers with impressive sign-up packages and good value odds. Their presence is strongest on their online platforms, while their website boasts a user-friendly interface as well as competitive bet placing that you can take advantage of at any time through the Luxbet quick links.
The company’s most popular betting options are the ‘Best of the Best’ and ‘LuxDiv’ offerings, both of which offer great Luxbet promos, superior value for money and a unique betting edge when compared to the company’s competitors.
Luxbet promotions for newcomers include a sign-up bonus of $500 worth of Luxbet bonus bets when using the Luxbet promo code MAXIMUMBONUS, with the only catch being that you can only redeem this massive bonus at Ladbrokes. On the other hand, the Luxbet deposit promo code MAXCASH, entitles newcomers to $250 worth of Luxbet bonus bets upon sign-up, which you can redeem from Luxbet directly.
The Luxbet brand is registered by the Northern Territory Racing Commission, and although relatively new to the industry, Luxbet has played its cards right when it comes to online betting and Luxbet mobile telephone betting. One of the most attractive aspects of the Luxbet platform is their interactive customer service and great customer privileges.
Luxbet’s meteoric rise to the top is no surprise considering the fact that they’re under the Tabcorp Umbrella of companies, a status which has enabled them to penetrate many of the head company’s existing network of lucrative relationships. For example, Tabcorp supports the Victorian racing and NSW industries through profit sharing contributions to the harness, greyhound, and thoroughbred racing codes.
However, this hasn’t exempted Luxbet from complying with standard regulations, and they’re still required to pay race field and product fees like other national bookmaker.
Odds and Markets
With Luxbet, you’ll have access to a wide variety of markets, including the greyhounds, harness racing, horse racing, rugby, soccer, the NRL and the AFL. The odds are also quite diverse, ranging from more obscure sports to entertainment; whereas national events are very much well-catered for when it comes to the NRL and local cricket Test Matches.
The Luxbet website boasts a fast betting layout and quick overall navigation, which is made possible by a new and improved interface that has sports and market tabs displayed at the top, while the options menu is conveniently placed on the left side of the website.
You can even customize the website to display only your preferred racing and sports markets, and because Luxbet places so much focus on horse racing, future races are itemized in the opening page. There’s also a handy countdown clock that shows you how much time is left before each race begins. The Luxbet website also loads really fast, and a collapsible menu is available for punters who want to place specific bets on try or goal scorers.
Luxbet Pros and Cons
- No minimum deposit
- Great betting interface
- Bonus bet and odds promotions
- Live online betting is not available
- Navigation menu is not easy
- Customer service is average
The Luxbet app is a leader in the industry and offers simplified betting with a home screen that immediately shows visitors six upcoming sports events and racing events. The menu tab takes you to additional selections such as Quick Multis, Sports, Your Bet Slip, Live Betting, and Racing.
Apart from ease of use and accessibility, the Luxbet mobile app also contains Luxbet and Best of Best platforms, as well as form guides and skills. You can easily refresh each market to get up-to-date fixtures, and there’s a live audio streaming option for different races also available on the app.