Sportsbet is one of the most recognised names in the Australian betting landscape — and for good reason. It combines a slick mobile experience, broad market coverage, and engaging features like Same Game Multis and Bet With Mates. But if you’re just starting out, you might be wondering: how does Sportsbet actually work?
This beginner-friendly guide walks you through how to use Sportsbet — from setting up an account to placing your first bet and cashing out like a pro.
Step 1: Sign Up for a Sportsbet Account
To start betting, you’ll need to create an account:
- Head to sportsbet.com.au
- Click Join in the top-right corner
- Enter your details (name, email, address, DOB)
- Choose a username and password
- Accept terms and confirm your age (must be 18+)
Once registered, Sportsbet will prompt you to verify your identity, which is required under Australian law. You can do this by uploading a driver’s licence or using automatic ID checks.
Step 2: Deposit Funds
You need to deposit money to start betting. Sportsbet offers the following payment methods:
- Debit/Credit Card
- POLi
- PayID
- Apple Pay (via mobile)
- Bank Transfer
- Sportsbet Cash Card (optional withdrawal method)
Minimum deposit is typically $5–$10, depending on the method. Deposits are instant for most options.
Step 3: Choose Your Sport or Race
Sportsbet covers a wide range of markets:
- Sports: AFL, NRL, soccer, NBA, tennis, UFC, and more
- Racing: Thoroughbred, greyhound, and harness
- Exotics: Politics, entertainment, novelty bets
Navigate through the homepage or use the search bar to find your event. Tap the odds to begin building your bet slip.
Step 4: Placing a Bet
- Select a market (e.g., AFL match winner, horse to place)
- Tap the odds you want — it goes to your bet slip
- Enter your stake
- Confirm the bet by tapping Place Bet
You can also build multis, Same Game Multis, and exotics like trifectas or quinellas within the bet slip.
Step 5: Watch & Track Your Bets
Sportsbet doesn’t offer live streaming for most sports, but it does have:
- Racing Replays and Live Racing Vision (for select AUS/NZ tracks)
- Bet Tracker to follow your wagers in real time
- Notifications for bet outcomes or cash out options
Live betting is available but must be done over the phone, in line with Australian laws.
Step 6: Withdraw Winnings
Once you’ve had a win, you can request a withdrawal:
- Debit Card / Bank Transfer (1–3 business days)
- PayID (often within hours)
- Sportsbet Cash Card (instant access via ATM)
There are no withdrawal fees, but your account must be fully verified.
Bonus Features on Sportsbet
- Same Game Multi: Combine legs in one match (AFL, NRL, NBA, etc.)
- Bet With Mates: Join punting groups with shared wallets
- Power Play: Boost your odds once per day (conditions apply)
- Live Phone Betting: In-play action for footy, tennis, UFC, etc.
- Promotions: Bonus back for 2nd/3rd, boosted odds, and more (available to logged-in users)
Due to advertising restrictions, you must log in to see the full list of promotions.
Is Sportsbet Legal and Safe?
Yes — Sportsbet is fully licensed in the Northern Territory and regulated under Australian law. It uses secure encryption and offers full responsible gambling tools, including:
- Deposit limits
- Time-outs
- Self-exclusion
- Access to BetStop (national self-exclusion register)
Final Thoughts: Sportsbet Is Simple, Slick & Aussie-Focused
If you’re new to online betting, Sportsbet is one of the easiest platforms to get started with. From sign-up to bet placement, the process is user-friendly and packed with helpful features like Same Game Multi and Bet With Mates. Whether you’re betting on the AFL, Melbourne Cup, or NBA finals, Sportsbet has the tools to help you punt smarter.
Want to Compare Sportsbet to Other Aussie Bookies?
We break down Sportsbet’s features against other top platforms like Ladbrokes, Bet365, and Neds — including promos, app performance, and odds value.
👉 Visit Top Betting Australia — your go-to guide for the best betting apps and sportsbooks in 2025.