TexBet Review Australia 2023

It was just a few short years ago that TexBet came onto the betting scene, having been founded in 2020. Those who started it, however, have been around for a lot longer. Terry O’Shea has been an on-course bookmaker for roughly 40 years, and along with his son Wade, they began a TexBet site which has quickly established itself as a competitive player in a market with plenty of competition. In this detailed TexBet review, we’ll cover all that you need to know about this bookmaker, from how range of markets to odds, customer service to payment methods, to help you decide whether to bet with them.

Continue reading to find out more about this Aussie bookie ⬇️ 

To kick off the review, let’s lay down some of the most notable things about TexBet- the good and the bad.

✔️ TexBet Strengths

• Good App – For quite a long time TexBet didn’t have a mobile app at all, which was something of a black mark against their name. Finally, though, it’s been released, and it was worth the wait.
• Quality Website – Like the app, the website is one of the best parts of TexBet, with an aesthetically pleasing interface and an easy to use layout for customers.
• TexBet TV – TexBet TV enables customers to tune into certain events directly on the website or app. These events are exclusively racing, so this might not mean much to you if that’s not your thing, but for racing fans it’s a big bonus.

❌  MidasBet Weaknesses

• Limited Sports Markets Available – Unfortunately, TexBet Australia doesn’t have a huge range of sports markets available. Improving this would help them to compete with some of the bigger bookmakers.
• No Live Betting – Not everyone loves live betting – I rarely do it, for example – but it is a growing way to bet, and more and more bookmakers now provide the option. TexBet, however, is not one of them.
• High Turnover Requirements – If you win money via a bonus bet, typically you’ll need to turnover those winnings with every bookie. Each differs in their terms and conditions though, and TexBet has particularly high requirements, with turnovers needing to be on at least $2 odds.

So there you have it – the major strengths and weaknesses of TexBet, which should give you some idea of the kind of bookmaker that they are.

Bonuses and Offers: ⭐⭐⭐⭐
TexBet has a competitive range of bonuses and offers available on their site.

Betting Variety: ⭐⭐⭐
There are plenty of racing markets, but sport market availability is a little lacking.

Banking Options: ⭐⭐⭐⭐
There is a standard list of payment methods available with TexBet.

Mobile Experience: ⭐⭐⭐⭐⭐
The desktop site is great and so too is the new mobile site, which has been worth waiting for.

Payout Speed: ⭐⭐⭐⭐⭐
Usually you shouldn’t have any trouble with the TexBet payout speeds.

Security: ⭐⭐⭐⭐⭐
 Licensed and regulated by Liquor and Gaming NSW, so you can be sure that they are a legitimate and secure bookmaker.

Betting Experience: ⭐⭐⭐⭐
A great website and app and helpful customer support makes the betting experience with TexBet very good – better odds would take this to five stars.

Customer Support: ⭐⭐⭐⭐⭐
TexBet Australia have a great customer support platform, offering all three major forms of contact.

Australian laws dictate that betting sites cannot advertise TexBet promotions or a TexBet promo code to those without an account. 

The image below will take you to TexBet Australia, where you can take a look at the promotions that they do have if you have an account.

Take a look in this section at what TexBet does to separate themselves from their competitors, with a couple of their most notable features.

ClubTex

ClubTex acts essentially as a reward for loyalty, encouraging punters to sign up and stay with TexBet Australia. This isn’t a club that you can sign up for; you need to be invited, but if you are an active customer then your odds of that happening are vastly increased. So what does being a member of ClubTex get you? There are quite a lot of benefits which come with being a member, namely rebates on losses, as well as a bit of merchandise. Once you’re a member, you’ll also need to continue to use TexBet regularly in order to remain a member. But while this is clearly a method of gaining and retaining customers, it can also provide you with plenty of benefits and be worth getting involved in.

TexBet TV

TexBet TV isn’t quite as unique an offering as ClubTex, but it is still something that many bookmakers don’t have. Essentially it’s just the name for their live streaming platform, and while you can’t watch live sports on it there is plenty of racing available for customers to tune into live. If you are a racing bettor this can be a huge drawcard; the ability to tune into races that you’ve bet on, or even those that you haven’t if you’re just a racing enthusiast, is something that only a handful of bookmakers offer, and very few sites as young as TexBet have this available.

For a couple of years after they were founded, the most significant flaw with TexBet’s array of offerings was the fact that they didn’t offer a mobile app. They had a mobile site, sure, but given the number of people choosing to bet with their mobiles if they have the choice, and the number of quality mobile apps going around, TexBet was a little behind the eight ball.

Finally, however, their app has been released, and those years they spent working on it were worth it. This is a terrific mobile app, one of the best in the business, which is in line with TexBet’s high quality website.

This is a TexBet Android app, and a TexBet iOS app, meaning most phone users will be able to download it. It functions equally as well on either platform.

The app looks great, with TexBet’s iconic green and blue colours and a bunch of other nice aesthetic features like team logos plastered around. But while that’s important, there’s not much point looking nice if an app doesn’t work well, so where the TexBet app won me over was in its functionality.

It’s really easy to use, whether you’re looking to check your own account, contact customer support, or place a bet. Everything you need is simple to find on the TexBet app, and you can navigate it super quickly.

This can’t be said for every betting app. Many of them feel particularly heavy and have a tendency to lag or have problems like closing unexpectedly. In my time using the TexBet app, everything has loaded quickly and I’ve never had an issue with it.

After this was a major flaw of TexBet’s for such a long time, suddenly their mobile offering is one of the best parts of the bookmaker. This is a mobile app competitive with the best in the betting industry, and helps to make TexBet a more complete bookmaker overall.

We’ve touched a little bit on the types of payment methods that are available with TexBet, but in this section we’ll dive in a little deeper. Read on to find out more about your deposit and withdrawal options with TexBet.

Let’s start with deposits. Personally, I almost exclusively use my debit/credit card to deposit with bookmakers, as it’s something that’s easy to use and available with nearly all betting sites. TexBet is no different, offering this as a deposit method and with a minimum deposit of $10.

If for some reason you’d prefer to use a different payment method, then you have a couple of options. The first is POLi, which simply requires you to enter your bank details and then will see the funds deposited immediately into your account.

Alternatively, you can do an Electronic Funds Transfer. This also takes the money straight from your bank account, though it will take a little while to appear in your betting account, unlike the immediate deposits which you get with the two aforementioned options.

Hopefully, you’ll be one of the lucky ones with funds to withdraw at some point, and if this is the case then your options are a little more limited. Texbet withdrawal options include only use Electronic Funds Transfer to take money out of your account, but this is pretty easy. 

When you process a TexBet withdrawal it will send the money straight to your bank account, though it won’t be immediate like most deposit methods.  Depending on your bank you can expect to wait a day or two for it to arrive.

Overall, banking with TexBet is relatively straightforward. They could certainly have a few more deposit and withdrawal options, but what they do offer should be enough for most people.

Let’s now round out this detailed TexBet review by taking a look at their customer support platform, something which it’s important for bookmakers to get right but which many don’t. This is a strength of TexBet’s, predominantly because the TexBet contact options include all three of the major contact methods; live chat, phone and email.

Live chat is my preferred method of TexBet contact for a number of reasons. It’s very quick and easy, you get to talk to a real person in real time, but you don’t have to hang around on the phone either. Not all bookies offer it though, so when one does I think they deserve a bit of credit. This is the primary reason I see TexBet’s customer support as a strength of theirs, though they can at times take a little while to respond using this method. If live chat is not for you they have other options too.

If you like talking to a real person, then you can give them a call too. They’re not always the most prompt at answering the phone, though I’ve never had to wait for more than ten or 15 minutes. If you’re in a rush, however, this could certainly be a cause for frustration.

Your final option is to send them an email. This could be a good option for you if you just want to send off your query but don’t have time to actually go back and forth to resolve it. Obviously this will take a little longer, but sometimes that’s okay if you’re busy doing something else.

Overall TexBet’s customer support platform is pretty good. Pivotally it offers live chat, and though they could improve their response times, they are generally pretty helpful, and the range of ways to get in touch means that this part of the site gets a tick in my book.