EliteBet Review [July 2024]

Strap yourselves in because you’re in for a wild ride as I take you through all the important ins and outs of EliteBet Australia! EliteBet is part of the new wave of bookies that’s trying to get their slice of the betting industry pie and I think they are one of (if not, the best) the best small betting sites on the scene.

Before I go into detail on all the key aspects of EliteBet, I’ve put together this profile card which provides some quick facts about the bookie. Check out the table below:

Even though EliteBet only kicked things off in 2023, they have already made some moves to differentiate themselves from all the other new bookies that have arrived on the scene. EliteBet Australia has got on board with the social betting direction of the industry and introduced what I believe to be their marquee feature, Hot Bets.

They have also clearly put in a lot of time into their racing product. They provide detailed racing form and insights, which is perfect for all those racing punters out there who like to figure things out for themselves and not rely on someone else's tips!

EliteBet’s headquarters are in Sydney, but this hasn’t stopped it from becoming one of the fastest-growing Victorian betting sites. In fact, I’ve seen EliteBet become quite popular right around Australia and it feels like up is the only way for them.

They have a decent range of promotions and markets available for racing and sports events. Also, after downloading their app, I haven’t noticed any issues myself, but I also read some reviews where others are complaining about the app crashing. I’ll talk more about this later in the EliteBet review.

No bookie is going to be perfect straight off the bat, even the bookies that have been around for decades still have room for improvement. So, in this EliteBet review, I’m going to walk you through some of the biggest pros and cons associated with this betting site.

I’ll also provide my verdict, but remember this is my personal verdict and you should also form your own opinion of whether the positives outweigh the negatives for your individual situation. All the most important pros and cons of EliteBet can be found below!

👍EliteBet Strengths

The most important EliteBet pros to note include:

• Hot Bets where you can follow the best of winning punters
• Detailed racing form with comments and speedmaps
• Same Game/ Race Multis
• Competitive odds for racing-related events
• Good range of promotions
• Heaps of racing markets are available

👎EliteBet Weaknesses 

The most important EliteBet cons to note include:

• No live streaming
• Live chat isn’t available
• Limited banking options to choose from

👨‍⚖️EliteBet Betting Verdict

If you’re looking for one of the best new betting sites, I think you have found it with EliteBet. EliteBet’s Hot Bets feature really sets it apart from the rest of the new betting sites and it is nicely integrated within other pages of the website, so you can always see if there is a Hot Bet for the particular event you wish to bet on.

EliteBet could really benefit from live chat as this is something the majority of the other new (and established) bookies have, so I think this lets them down a bit. While live chat isn’t available, you can still get in contact with the customer service team through phone and/ or email.

No prizes for guessing the EliteBet feature that is the first cab of the rank in this section! After going through EliteBet Australia, I found many features that could be included here, but I’ve managed to narrow it down to the four that I think will have the most impact on new potential customers. Check out the four features I love the most with EliteBet below.

Hot Bets

Hot Bets is my favourite feature with EliteBet. I think it’s a great addition, going down the path of social betting and allowing users to see bets from punters who are on a hot streak. You can check out the Hot Bets on the dedicated page, or they are also available when you are looking at a specific event.

Detailed Racing Form

EliteBet’s horse racing form is among the most detailed I’ve seen in recent times and resembles something more in line with a specific horse racing site, not a bookie! In the racing form, you get detailed stats, comments and speed map information, which is all-important to help punters make their decision on which runner to bet on.

Competitive Racing Odds

I will talk more about EliteBet odds in general very soon, but for now, let’s go through the racing odds in particular because they are pretty competitive. I think they are up there with some of the most competitive on the market and they deserve their own section here! So, if you’re looking for one of the best horse racing betting sites, you very well might have found it.

Mark Geyer Partnership

EliteBet has recently announced a partnership with former NRL player, Mark Geyer. Geyer is providing expert EliteBet tips for the NRL each round. So, for all those interested in NRL betting should be very happy. It’s good to see EliteBet expand and focus on more than just racing. Hopefully, this is a sign of bigger things to come! 

If you read the section above, you will know just how highly I rate EliteBet’s racing odds. After comparing them with several different bookies in the market, including newer and more established ones, EliteBet came out on top (or close to the top) on multiple occasions. So, if you love the ponies, you’re in for a treat!

Unfortunately, it seems as though their hyper-competitive odds are yet to translate over to their sports markets. I don’t think they are at the very bottom of the pack when it comes to their sports-related odds, but this is certainly an area that could use some improvement. They do occasionally offer some spicy odds for sports events though, so it’s a good idea to keep your eyes peeled.

Having a solid range of markets is a pretty important aspect of any bookie and the most popular bookies in the market will offer an extensive range of markets. For new bookies, this is generally the hurdle they usually fall over. EliteBet is no regular new bookie though and their market, especially for racing-related events, is quite good. 

For all those multi-bettors out there, you’ll be pleased to know that EliteBet offers both Same Game Multis for sporting events and Same Race Multis for racing events! They cover both international and domestic racing events and there is always something to bet on. 

They do cover a decent amount of sports, more than the typical new betting site, but the depth of markets levels something to be desired, especially when you consider what’s on offer in their racing markets. The main sports that are covered at EliteBet include:

• American Football
• AFL
• Baseball
• Basketball
• Boxing
• Cricket
• Cycling 
• Darts
• eSports
• Golf
• Politics
• MMA
• Motor Sports
• Netball
• NRL
• Rugby Union
• Soccer
• Tennis

If you’re on the go a lot, you’ll need a high-quality betting app that loads fast and rarely has any bugs or glitches. From what I can see, the EliteBet app fits this bill. I’ve downloaded the Apple app and had a little play around, finding it was quite easy to log in and place my bets. 

I think EliteBet is one of the more functional betting apps going around and it was clearly designed by people who are regular punters themselves. Navigation was easy and everything was where I expected it to be. All the main features and products found on the website are also included in the app.

All the next-to-go events take up the prime position, so if you’re the kind of person who leaves things to the last minute, you’ll love the EliteBet app because it’s easy to get your bets sorted quickly. I haven’t personally experienced any bugs or crashes with the app yet.

The EliteBet app is available for both Apple and Android users. I went to both the Apple App Store and Google Play Store to check out the reviews of others who have used the app. It seems like others are reporting bugs with the app, but most of those reviews were back in 2023, so it’s likely that EliteBet has fixed those issues.

EliteBet’s current app ratings in the App and Play Store are as follows:

• Apple App Store rating - 3.1/5 (out of 93 reviews)
• Google Play Store rating - 3.1/5 (out of 7 reviews)

Want to get something for nothing? Of course, you do! EliteBet Australia offers some fairly good promotions on both racing and sports events. While they aren’t yet at a similar level as the more established bookies, I believe that out of this new wave of bookies, they’ve got some of the best promotions.

It’s easy if you want to see any EliteBet bonus, you just have to log into your account. If you aren’t logged in, you won’t be able to see any of the promotions available. The laws around promotions changed a little while ago in Australia and it meant that bookies aren’t able to offer promotions or bonuses to new customers. 

This is why you are required to be logged into your account to see what value there is to be found! There is always something new and interesting happening at EliteBet and this is an area that they excel in if you’re only comparing them to the other new bookies that have entered the market.

One area that lets new bookies down is usually the payment methods and this is again the case for EliteBet. When it comes to both deposit and withdrawal methods, there’s not a lot of variety at this stage. It’s not only about the range of options available but also the speed at which deposits and withdrawals can take place.

For withdrawals, the only option currently available with EliteBet is bank transfer and the withdrawal time for this method is usually between one and two days. This means that EliteBet isn’t one of the PayPal betting sites going around, so if you want to use PayPal, you’ll have to look into other options.

You’ve got slightly more options when it comes to depositing and I’ve generally found both these options result in instant funds into your betting account. The two deposit options currently available with EliteBet Australia include:

• Debit card
• Bank transfer

Unlike most of the new betting sites that have popped up in the Australian market, EliteBet doesn’t offer live chat as an option to get in touch with the customer support team. While they don’t offer live chat, they still have a couple of methods available for punters, which include:

• Phone (02 9191 7818)
• Email ([email protected])

So, EliteBet contact is still fairly easy, I just think it’s odd that they don’t offer live chat. Some of the other new bookies don’t offer a phone number to call support, so it looks as though it’s a straight swap of live chat for phone support. 

I personally prefer to communicate with customer support through live chat, so I’ll be keeping an eye on this to see if they offer this option in the future. Live chat is generally an easier option and I find any issue I have is resolved at a faster rate.

Before this EliteBet review, you might not have known much about the bookie. Hopefully, you do now though! If you’ve gone through this entire review and still have some burning questions, this section is for you. I’ve answered the most common questions about EliteBet below.

For one of the newer betting sites on the market, I think EliteBet has a great product. Their Hot Bets feature is the best that they currently have to offer and it is nicely integrated within their platform, so it’s easy to see which bets are trending and jump on board with a hot punter.

Their racing form is quite detailed as well and should please those racing-focused punters. The range of markets and promotions available is among the best I’ve seen for a new bookie. If they can add features like live streaming and live chat, it will really take EliteBet over the top!