Luxbet is owned and operated by TAB, who are a well-known and long-standing name in the betting industry. They have a pretty solid betting package, with some good offers, but they don’t have the standout betting features that you’ll find with most of the other big bookmakers.
A highlight is their new customer deposit match bonus. If you sign up and open a new account with Luxbet, they’ll match your opening deposit with bonus bets valued up to $150. Not only is this one of the bigger deposit match bonuses, but you can also choose to split your Luxbet bonus bets into smaller bets of $10 or more – which is worth noting, as not many other bookmakers allow you to do this.
With Luxbet, you’ll find some great weekly sports and horse racing betting promotions and there are also generous fixed odds prices to be found. And if you’re a horse owner, with ClubXtra you can claim a 12% winning bonus if you back your horse and it wins.
Luxbet has a mobile app and mobile website available, and you can access handy sports guides and statistics for each market. Overall, Luxbet have a good basic betting package and are worth a look.
Luxbet Bonus Bets
There’s some good bonus bet value to be found when you bet with Luxbet. For starters, their new customer deposit match offer is a highlight. When you sign up and open an online betting account, they’ll match your first deposit with Luxbet bonus bets of equal value. This means if you deposit $100, you can claim $100 in bonus bets, deposit $200, and you’ll get $200 in bonus bets – and this is true of any amount up to $150.
You can use your bonus bets in lots of $10 or more and your Luxbet bonus bets have a lifespan of 30 days – so make sure you spend them before they expire. When placing a wager with your bonus bets, you can only use them on betting markets with odds greater than $1.50, and they cannot be used in conjunction with any other promotions. If you back a winner with your bonus bet, with Luxbet you’ll only need to turnover your winnings once before you can withdraw your funds. This is less than most other bookmakers, and it means you’ll get your cash much sooner.
Featured Luxbet Products
When it comes to added features, Luxbet’s range is pretty slim. However, they have a couple of horse racing offers that provide punters with plenty of value. Every Saturday you can take advantage of Best of the Best, which guarantees you the best price on the three totes and official on-course top fluctuation. It’s available on every metro race, which gives you plenty of options. The maximum bet amount is $250 and you can get your bets on right up until 30 minutes before the jump.
Luxbet’s LuxDiv also offers punters top value on horse racing. With it, you’ll always get the best price from the three totes and official on course starting price. This great offer is available every day of the year, on every Australian metropolitan, provincial and country horse race. What’s more, you can place your LuxDiv bets right up to the jump.
With Luxbet you can also access detailed form guides and sports stats for every sports and racing betting market. This makes it easy to do some research and get an edge. So as far as betting products go, Luxbet lack the range and quantity of most other bookmakers, which means they are not a top choice.
Every week Luxbet offers punters some great specials with top value available across a wide selection of sports and racing events. You’ll find some excellent betting promotions on a bunch of local events, plus, there’s also specials on international events too.
Horse racing is well-covered, so if you are looking for value, head to the Luxbet website and check out the current offers. Sports fans are spoiled for choice – there’s betting promotion available on the NRL and AFL, A-League and cricket, plus, there’s also regular NFL and NBA offers too.
Every round throughout their respective home and away seasons, punters can take advantage of AFL and NRL betting promotions. These include a range of markets, and you’re sure to find something that appeals. Plus, soccer fans can place bets on the A-League each week, and during summer, there’s heaps of value to be found with Luxbet’s cricket offers. And if you’re a punter who is into American sports, Luxbet have some top offers on American football, basketball and many more.
There are other bookmakers out there who have bigger and better betting promotions, but the offers you’ll find when you bet with Luxbet offer good value, and they are worth considering.
Being owned and operated by TAB gives Luxbet a distinct advantage – TAB have been in the bookmaking industry for a long time now, and they know their stuff. With Luxbet, you can take advantage of some very competitive fixed odds betting markets, and these provide you with an easy way to get more for your money. You can also use the Luxbet mobile app to place bets on the go wherever you are.
As far as new customer bonus bet offers go, Luxbet’s is right up there with the best. When you open a new online betting account you can claim up to $150 in Luxbet bonus bets, to match your first deposit. You can even split your Luxbet bonus bet into smaller bets – as long as you spend them in lots of $10 or more.
Overall, there’s a couple of things to like with Luxbet – including their deposit match bonus offer for new customers, and their competitive fixed odds markets. But there is a lack of features and exclusive products – such as live streaming – that lets the package down. On top of this, their mobile betting app is below average in terms of performance and reliability. So if you’re looking for a bookmaker that offers a basic betting package, then Luxbet could be for you.