TexBet Review Australia 2023

TexBet review logo
TexBet
3.4
A young bookmaker doing a lot right.
Race Streaming & ClubTex Loyalty
  • Betting Variety
    3.5
  • Banking Options
    3.4
  • Mobile experience
    3.4
  • Betting Experience
    3.4
  • Customer Support
    3.4
Total score
3.4

TexBet Top Features

  • ClubTex
  • TexBet TV
  • Live Chat
Strengths
Weaknesses
Good app
Quality website
TexBet TV
Limited sports markets available
High turnover requirements
No live betting

TexBet Review

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 ⬇️ 

TexBet Strengths and Weaknesses

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.

TexBet Profile

Website: www.texbet.com.auYear founded: 2020
Company: TexBetContact information: Live chat (on site or app), Email, Phone
License & regulation: Liquor and Gaming NSWSponsorship Deals: N/A
Address/Headquarters: Tamworth, New South WalesPayment Methods: Credit/debit Card, POLi, Direct Transfer
Deposit Methods: Credit/debit Card, POLi, Direct Transfer

Withdrawal Methods: Credit/debit Card, Direct Transfer

Apps Devices: Available on iOS and Android Features: TexBet TV, ClubTex
Owner: Terry and Wade O’SheaOdds Providers: TAB

TexBet Review

TexBet has a level of experience which defies the fact that they have only been on the betting scene for a couple of years, with Terry O’Shea – who began the company with his son Wade – having been in the industry since way back in the 1970s. 

It’s for that reason that it’s no great surprise that despite the fact that this is a relatively new bookmaker, they do plenty right. One of the first of these is their website and app. The website is easy to use and very aesthetically pleasing, and while in the past this was the only way to access TexBet’s services, an app has recently been released which is every bit as functional as the desktop site.

They also have pretty decent odds. They certainly aren’t the best that I’ve come across, but it’s not uncommon for new betting sites to have odds which make them hard to justify using when compared to the bigger bookies. TexBet’s odds, however, are very competitive with larger sites.

But while the odds you’ll get with TexBet Australia are pretty good, the range of sports and markets unfortunately doesn’t quite match up. For racing there is plenty available, but in terms of sports TexBet’s offering is a little limited, and among the sports that they do offer there are not the range of markets you find with other sites.

You also won’t be able to place bets on events once they’ve started, which you can now do on an increasing number of bookies. Live betting, as this is known, sees the odds adjust in real time as an event unfolds, but while plenty of bookies now offer this, TexBet has not yet added it to their arsenal. 

This is mostly an issue for sports bettors – racing live betting is available sometimes but is less common, so this is another example of TexBet’s issues with their sports markets; not their racing one. The racing component of the site is in fact pretty comprehensive, complemented by TexBet TV, a live streaming platform which allows you to watch races as they unfold live on the site.

Finally, to a couple of drier topics in banking and customer support. TexBet offers a handful of payment methods – not a huge range, but those that they do offer are certainly enough for me, with credit/debit card – my preferred method – available. 

In terms of customer support, they have conceived a pretty good platform. There is a phone number you can call if you need to get in touch, as well as an email address and live chat. The latter of these is my preferred way to get in contact with a bookie but isn’t always available, so its presence here is certainly appreciated by me!

TexBet Australia is far from perfect, but for a young bookmaker they do a pretty good job. If they can broaden their range of markets – which they may well do as they continue to grow – and add a live betting platform, they’ll be well placed to compete with the biggest players in the industry.

TexBet Score

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.

Bonuses with TexBet Australia

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.

Texbet_232x80.png
Race Streaming & ClubTex Loyalty

TexBet Features/Characteristics

  • TexBet Best Features: TexBet TV, Live Chat, ClubTex
  • TexBet Sports Coverage: Coverage of sports including Australian rules football, rugby league, cricket, basketball, tennis, golf
  • Betting Markets and Types of Bets Available at TexBet: Moneyline, line betting, over/under, player props, single bets, multis, same game multis, system bets.
  • TexBet Sports Bonuses and Promotions: Information on website
  • TexBet Mobile: App available for iOS and Android
  • TexBet Banking: Credit/debit card, POLi, Electronic Funds Transfer
  • TexBet Customer Support: Live chat, phone, email

TexBet Best Features

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.

TexBet Sports Coverage

In this section, we’ll take a look at some of the sports that TexBet offers. As I’ve said, they could have more sports available, but they do still have the big ones on offer; these are some examples of those.

Rugby League

Rugby is the biggest sport in the biggest state in the country throughout the winter months, with the NRL and the State of Origin the most significant leagues and events for that sport. TexBet Australia offers markets on every game for these leagues, with a decent range available for them, though they could have more in the way of player props.

Australian Rules Football

Elsewhere in Australia, it’s the AFL which takes priority in winter, so TexBet unsurprisingly has plenty of markets for this league too. Every game throughout the course of the year has some markets available for it, though like with rugby league, TexBet could have a broader selection of player prop markets on offer.

Basketball

The NBA is the biggest league in the world, so intuitively this is where you’ll find the most basketball markets with TexBet. You’ll also find a fair bit available for NBL games, Australia’s local leagues, while you can find big international matches too. Again, the range available for these games isn’t exactly industry leading, but the common bet types are here.

Tennis

When the four Grand Slams roll around, there are quite a few markets available on TexBet for tennis. Throughout the course of the year you’ll also be able to bet on simple markets like head to head for smaller games, but the number of different bets you can place on these matches is smaller than it is for the major tournaments.

Cricket

Finally, to cricket – Australia’s favourite summer sport. During the warmer months you’ll find more in the way of cricket markets as the international games head down under and the Big Bash takes centre stage each night. The rest of the year there are less markets, though you can still find Australia’s overseas games, some games between international sides, and major domestic leagues like the EPL.

TexBet Sponsorship Deals

TexBet doesn’t have any sponsorships of major sporting teams at this point, not surprising for such a young site.

TexBet Markets and Types of Bets Available

Let’s now move to the types of markets that TexBet Australia offers to complement the above section about the sports you’ll find on the site.

TexBet’s Betting Markets

  • Moneyline
  • Line
  • Total points over/under
  • Margin markets
  • Limited player props
  • Quarter/half markets

TexBet’s Types of Bets Available

  • Individual bets
  • Multi bets
  • Same game multis
  • System bets

 📲  TexBet Mobile App

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.

TexBet How To

In this section we’re going to tell you, step by step, how to do a few things that you’ll no doubt need to do if you use TexBet. Let’s start at the beginning; opening an account.

🔎How can I sign up with TexBet?

Bookmakers never make it hard to sign up with them, and TexBet is no different. The whole process should take just a couple of minutes, and this is how you do it.

  • Go to www.texbet.com.au and locate the ‘Join’ button, which you’ll find up the top right of your screen.
  • Upon clicking on this button, you’ll be prompted to enter details such as your email and date of birth, as well as account details you’ll use for your TexBet login like your username and password.
  • Locate the ‘Next’ button at the bottom of the page, which will take you to a page on which you’ll enter your name and address.
  • You can then create your account by, unsurprisingly, clicking the ‘Create Account’ button.
  • You’re ready to go!

🔎How can I deposit funds into my account with TexBet?

Now that you’ve opened your account, you’ll likely want to fund it or you won’t be able to place a bet. This is how you do that.

  • Once you’re on the home page and logged into your account, click on the button up the top of your page which takes you to your account.
  • Here, there will be a tab which relates to payment options.
  • You’ll then be greeted by your list of deposit options that you have with TexBet, which are credit/debit card, POLi, and Electronic Funds Transfer
  • Choose the one which suits you, enter your deposit amount and click confirm.
  • If you use one of the first two methods the money should arrive in your betting account almost immediately, while EFT might take a day or two.

🔎How can I place a bet with TexBet?

So you’ve signed up, you’ve funded your account, now you want to place a bet. This is how you do it.

  • Head to the TexBet website or mobile app and log in to your account.
  • Click on either racing, or locate the sport on which you wish to bet.
  • Follow the prompts to find the actual event you wish to bet on.
  • Scroll through the markets, and click on the odds of the market you want to bet on.
  • This will then appear in your betslip; enter your stake into the appropriate box, click ‘Confirm Bet’, and your bet will be placed.

💳 TexBet Banking

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.

TexBet Customer Support

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. 

Frequently asked questions

Where can I download TexBet’s mobile app?

The TexBet app has been a while in the making, but now that it’s available it’s easy to find – download it from wherever you normally find your apps, be that Google Play or the App Store?

Who can use TexBet?

TexBet is available to any 18 years of over, and who is in Australia. If you’re travelling abroad, you won’t be able to use it.

What sports can I live stream on TexBet?

You can’t live stream any sports as such at this point with TexBet, though you can watch live racing with TexBet TV.

Do TexBet offer same game multis?

They certainly do. To place a same game multi with TexBet, simply head to the match you want to do it on and locate the same game multi tab.