Volcanobet Review [July 2024]

Great Horse Racing Betting Options
  • Betting Variety
  • Banking Options
  • Mobile experience
  • Betting Experience
  • Customer Support
Total score

Top Features

  • Racing Fixed Odds
  • Platform Experience & Aesthetics
  • Platform Aesthetics
  • Platform Experience
  • Solid Fixed Racing Odds
  • No Phone Support
  • No Live Betting
  • No Live Streaming

VolcanoBet Review

By:Katherine Mouradian

If you’re looking for something new and fresh, VolcanoBet is a great option! They launched in 2023 and this VolcanoBet review will take you through every aspect of the betting site that you need to know. I’ve done all the heavy lifting, so all you need to do is read and make a judgement call if VolcanoBet is for you.

VolcanoBet Info card

There are a couple of important things you should know about Volcano Bet and I’ve popped them all in a table for you, which you can find below:

Website: www.volcanobet.com.auOwner: Volcano (Aust) Pty Ltd
Year Founded: 2023Address/Headquarters: Melbourne, Victoria
License and Regulation: Licensed by the Victorian Gambling and Casino Control CommissionSponsorship Deals: N/A
Features: Blended odds, competitive fixed racing odds and live chatBanking Options: Debit Card and Bank Transfer
App Devices: Yes, available on Apple iOS and Android devicesOdds Providers: TAB
Contact Information:

Live Chat Function

Email Support ([email protected])

About VolcanoBet

VolcanoBet is a new player in the game and they are licensed by the Victorian Gambling and Casino Control Commission, making them one of the ideal Victorian betting sites going around. There’s plenty on offer from VolcanoBet that I think punters will love.

VolcanoBet is standing out from the crowd thanks to the graphics on its website and app. With a volcano betting theme, you’ll love the interesting and engaging VolcanoBet graphics. I’ve never seen these types of graphics used for a betting site before, so if you’re into something a little quirky, you’ll like this bookie.

While the website and app look good, it also functions as you would expect. Both load quickly and it’s easy to navigate your way, finding what you need in just a couple of clicks. You’ll find a normal selection of markets but they offer great fixed odds, especially their racing odds. There is now also tote betting available.

Their sports-related odds aren’t as crash-hot and there aren’t too many sports to bet on as well, so it’s pretty clear they are putting more effort into getting their racing product up and running. This could change in the future as VolcanoBet is one of the new and small betting sites going around.

VolcanoBet Strengths and Weaknesses

When it comes to VolcanoBet online, there are a few pros and cons each punter should be aware of before signing up. It’s always a good idea to have all the information possible about a bookie, so you can make an informed decision about whether they are right for you.

Even the best betting sites aren’t perfect, so you just need to work out if the positives outweigh the negatives! Keep reading to see all the pros and cons I found with VocanoBet Australia:

👍Volcanobet Strengths 

The important pros of VolcanoBet that you should know include:

  • Competitive odds for racing markets
  • Blended odds and Same Game Multi markets
  • Easy navigation and unique graphics
  • Live chat
  • Fast app

👎VolcanoBet Weaknesses

The important cons of VolcanoBet that you should know include:

  • Limited banking options, especially for withdrawal
  • No phone customer support
  • No live streaming or betting 
  • Not as strong odds for sports events

👨‍⚖️VolcanoBet Betting Verdict

For a new betting site, VolcanoBet ticks a lot of the key boxes. They have good odds for racing markets, but the trade-off is that their odds for sports events aren’t as strong. VolcanoBet is a great bookie for anyone who sticks with the standard bet types and most popular racing and sports events. 

I expect that VolcanoBet will continue to grow and add more features and products to its offering. For one of the newer betting sites on the market, they have a standard offering. Their graphics are quite unique, which is a stand-out point for VolcanoBet and you can easily navigate through their website and/ or app.

VolcanoBet Features

Throughout my time checking out VolcanoBet, I’ve found several key features that I enjoyed and think you will too. There are four features in particular that I want to highlight in this VolcanoBet review as I think it is what make the bookie stand out.

Runner Highlights

VolcanoBet has nailed its racing product and most of its best features relate to racing, including its runner highlights feature! This feature is simple to understand, so it appeals to new punters as well. When looking at racing markets, users will be provided with key statistics including; Best Rated, Strong Finisher, Roughie, Track Specialist and more.

Live Chat

Live chat is available with this betting site as well. I’ve found that not all betting sites offer a live chat feature, so to see a new bookie offering this feature is awesome. If you ever are stuck, you can start a conversation with the customer support team and they will work to get your issue resolved as fast as they can.

Blended Odds

Blended odds is another great racing feature that’s on offer with Volcano Bet. With blended odds, you are essentially combining the odds price if you select multiple runners. This feature is great if you don’t think the favourite is going to win, so you choose other runners in the market.

Competitive Fixed Racing Odds

The addition of this feature ensures Volcano Bet is quickly becoming one of the best horse racing betting sites around. When I compared some of the odds for upcoming races, I found that the odds on offer here were just as, if not more competitive. It still does pay to shop around because you never know when better odds are going to be available.

VolcanoBet Odds

As I just touched on in the point above in this VolcanoBet review, their fixed racing odds are quite competitive. I found that on several occasions their odds were just as competitive as some of the bigger players in the market. They also now offer best tote, so punters can get the best return out of all three TAB dividends.

While they have made some serious progress in terms of their racing odds, their odds for sports seem to be lacking slightly. Some of the more popular markets in sports have decent enough odds, but if you are looking for something a little more obscure, their odds are usually worse than competitors.

VolcanoBet Markets

VolcanoBet has decent coverage with racing and sports markets. It is important for a betting site to offer a wide range of markets, to appeal to as many punters as possible. For racing especially, VolcanoBet offers a great selection. Punters can find both Aussie and international racing events.

The bet types available for racing are fairly comprehensive as well. They have markets like fixed win/ place, Same Race Multis, blended odds, quinella, exacta, trifecta and first four. This selection of bet types is what you’d also find with some of the bigger bookies.

When it comes to sports, their offering isn’t as widespread. They cover all the main sports and upcoming events. For example, when I checked VolcanoBet, the Euros had just started, so you’ll find Euro betting markets available. 

For the bigger sports, like AFL and NRL, they have the most markets available. AFL and NRL betting is easy with VolcanoBet and they even have Same Game Multis available, if you’re looking to ramp up your potential payout.

Some of the key sports that you’ll be able to bet on with VolcanoBet include:

  • American Football
  • Australian Rules
  • Baseball
  • Basketball
  • Cricket
  • Darts
  • Ice Hockey
  • Rugby League 
  • Rugby Union
  • Soccer
  • Sports Futures
  • Tennis 

VolcanoBet App

I am pleased to confirm that the VolcanoBet app is super easy to download and available from the App Store or Google Play Store. It only takes a couple of minutes to sign up (if you don’t already have an account) and then you can start betting!

So, what makes VolcanoBet’s app one of the best online betting apps going around? Well, it is easy to get around and so far, I haven’t found any glitches or bugs with the app. The same unique design from the website is also on the app and it’s easy to get around. If you’re the kind of punter who prefers to bet on the go, you should check out the VolcanoBet app.

As time goes on, I expect VolcanoBet’s app to evolve and they likely add in new features. Remember, they are a new bookie, so this is just one of their initial versions of the app. Everything users find on the website, users will also be able to find on the app.

I’ve looked at VolcanoBet’s app rating in the Apple Store and in the Google Play Store, which you can also find below:

  • Apple Store rating - 4.1/5
  • Google Play Store rating - 4.7/5

VolcanoBet Promotions

We all want something for nothing, so what VolcanoBet promotions are on offer? Well, it’s important to note that VolcanoBet (and all other Aussie bookies) cannot offer sign-up inducements for new customers due to regulations. But there is a range of promotions on offer from VolcanoBet for existing customers.

To see the range of promotions available with Volcano Bet, you’ll have to be logged into your account. In my opinion, they have a greater range of promotions for racing events, so if you are primarily a racing punter, VolcanoBet should be one of your top choices.

One of the things I love about VolcanoBet is how they keep changing things up. They always have a different promotion they are running, so it’s a good idea to keep checking your account to see what’s new. A lot of their promotions are event-based as well, so for example, if a major horse racing event is coming up, they’ll likely have an offer available.

VolcanoBet Withdrawal

We don’t usually see the newer betting sites excel when it comes to withdrawal and deposit options. I’m here to report this is also the case for VolcanoBet. They have limited options for both withdrawals and deposits, they also don’t offer PayPal betting either, which has become quite popular recently.

For withdrawals, the only option available for punters is bank transfer. This method is generally not too fast either, so you’ll have to wait a day or so until the cash is in your bank account. Definitely not the fastest withdrawal time going around, if you ask me!

When it comes to deposit methods, punters have two options with VolcanoBet:

  • Debit Card
  • Bank Transfer

So, it’s pretty clear they don’t have a wide offering with payment options. This doesn’t really matter if the options you use are listed in this section. However, I’ve found that more punters want a greater variety of options to choose from. On top of this, fast withdrawals are a major drawcard that punters are on the lookout for.

VolcanoBet Customer Support

There are usually three ways a punter can get in touch with a betting site; phone, email or live chat. VolcanoBet Australia offers two of those three options; email and live chat. For a bookie that’s only been around since 2023, it’s pretty good to see they offer live chat as this is one of the methods used to get any issues resolved as quickly as possible.

If you need to get in touch with VolcanoBet’s customer support team, more details on your options include:

I personally prefer speaking with customer support through live chat because it is less time-consuming and my issue usually gets fixed up easily. The VolcanoBet live chat team is available every day between 7am and 9pm (AEST).

VolcanoBet Australia Review FAQs

If you have any final questions you want answered about the bookie that is Volcano Bet, you’ve come to the right place! After conducting all my research, I found some common questions people have. Check out all the FAQs below:

Who owns VolcanoBet?

After doing some research, I wasn’t able to find out a lot about who specifically owns VolcanoBet. All I was able to find is that VolcanoBet is owned by a company called Volcano (Aust) Pty Ltd.

Is VolcanoBet legit?

Yes, VolcanoBet is certainly legit! VolcanoBet is licensed by the Victorian Gambling and Casino Control Commission which means you can safely bet with them. You know they follow all the proper rules and regulations in this country.

What range of markets can I find with VolcanoBet?

There is a fairly decent range of markets available with VolcanoBet, especially for racing where you can choose from markets like Same Race Multi and blended odds. The range of sports markets isn’t as extensive as some of the major players in the market, but I wouldn’t be surprised if they are working on that now!

What are the promotions available with VolcanoBet?

There is a good range of promotions available with VolcanoBet, but for you to access any of the promotions that are on offer, you’ll need to be logged into your account. Once you have logged in, head over to the “Promotions” page to see where you can get some more bang for your buck.

Does VolcanoBet offer live streaming or live betting?

Unfortunately, at this stage, VolcanoBet doesn’t offer live streaming or live betting. I’ve found that the majority of new betting sites don’t offer live streaming or betting. VolcanoBet might offer this in the future though, so keep your eyes peeled.

Conclusion & Final Thoughts

VolcanoBet has already established itself as one of the top betting platforms going around. They clearly care about creating a positive betting experience for punters and I expect them to continue to add to their range of features over the next few years. Live chat and a range of racing markets are two of their key drawcards.

They could do with adding more sports and more markets for those sports, along with live betting and streaming. But for the most part, VolcanoBet has a lot of the same offerings you would find with some of the bigger players in the market. Their graphics are a cut above, meaning they are easily distinguishable. VolcanoBet is worth checking out if you’re in the market for a new bookie.

Great Horse Racing Betting Options