WellBet Review (May 2025)

WellBet has come a long way in a short while, so I’m expecting bigger and better things as it continues to evolve in the market. WellBet has an appealing offering for racing enthusiasts especially. Their Same Race Multis, blended odds and protest payout features, in particular, are great.

They also offer live chat for their punters, which not all bookies have. They could do with adding more sports markets and the ability to live stream racing would be excellent. Adding more payment options would also ensure they appeal to a wider market. These things could very well already be in the pipeline, so I’ll be keeping an eye on things!

WellBet Australia is another bookie that has just started up shop and they are already making a bit of a splash. Launching in 2023, they are one of the new betting sites but are growing fairly quickly. After taking a look into the world of WellBet, it wouldn’t surprise me to see them become a household name in the Australian market.

One of the first things I noticed is the layout similarities between WellBet and some of the other online bookies that were launched around the same time. While they may look similar, they do have products and offer different odds (among other things), so they are certainly not all the same!

In this review, I will take you through everything you need to know about WellBet. So, if you’re interested in learning more about WellBet and potentially even signing up with them, you’ve come to the right place! Every key aspect of WellBet is explored in-depth right here on this page.

WellBet has a solid platform and offering for punters. There’s nothing that really stands out that makes them notably different from the others but that’s not necessarily a bad thing, as the standard in the Australian bookmaker industry is very high!

The most distinctive aspect is their website and app design. They have a beach/ summer theme going, which is certainly one of the more unique designs I’ve seen for a bookie. Not only are their website and app super distinctive but they are also both easy to use.

WellBet certainly has one of the best betting apps in terms of user-friendliness. I’ve found that over recent years, some of the bigger betting sites’ websites and/ or apps are becoming too convoluted and therefore more difficult to use. This isn’t the case for WellBet though!

All it takes is a quick look at WellBet’s website and app to see that they are focusing more on racing. Racing takes up all the prime real estate above the fold on their website and app. So, if you’re more into your racing, you’ll feel right at home with WellBet. 

For a bookie that has only been around for a couple of years, they have a pretty decent offering - they don’t just look good! One of the best things about WellBet is its fairly comprehensive racing and sports offering. 

They have a great range of markets and I would consider their odds, especially their racing odds, to be quite competitive. Their racing features, like Same Race Multis and blended odds, make betting on racing more interesting as well.

The layout of the WellBet platforms is quite intuitive meaning navigation is easy and it only takes a couple of clicks to place your bets. This is great for those who tend to leave things to the last minute, so if a race or sporting event is about to start, you can get your bets on quickly.

While they don’t currently offer live streaming or live betting, these are things they could work on in the future and not having those things shouldn’t deter you from signing up because WellBet has a lot of other things to offer.

WellBet Key Rankings

Betting Variety ⭐⭐⭐⭐

While WellBet aren’t one of the few international betting sites operating in Australia, they do still have a good offering of markets across sports and racing.

Platform Experience ⭐⭐⭐⭐

When exploring the WellBet website and app, I never ran into any issues and both platforms were quite easy to use and place bets.

Customer Support ⭐⭐⭐⭐

One of the great things about WellBet’s customer service is that they offer live chat for their customers, so it’s pretty easy to get in touch with the team.

Banking Options ⭐⭐⭐

While the most popular payment methods in Australia are available at WellBet, they could do with adding a couple more options for their bettors.

Payout Speed ⭐⭐⭐

There is room for improvement in terms of the payout speed with WellBet. Some bookies offer almost instant withdrawals, but WellBet isn’t one of them.

Security ⭐⭐⭐⭐⭐

You should feel safe betting with WellBet; they are fully licensed in Australia and must adhere to the rules and regulations imposed by the government.

WellBet Review Pros & Cons + Verdict

With anything in life, there are going to be positives and negatives. This is the case with bookies as well and even the biggest, most profitable online betting sites aren’t perfect. What you have to do is decide if there’s enough good stuff for you to get on board.

I’ve gone through WellBet from the inside out and after looking at all the key aspects of this bookie, there are certainly some areas that stand out and others where there is a bit of room for improvement. Check out all the pros and cons that I’ve found in this section.

WellBet Strengths

The key pros of WellBet that you should be aware of include:

• Competitive odds, especially for racing markets - If you’re into your racing, you’ll be pleased to know that WellBet has some fairly competitive odds for racing events.
• Same Race Multis and blended odds - Again, for the racing lovers out there, WellBet offers Same Racing Multis and blended odds, which can spice up your experience.
• Live chat for customer support - If you ever run into an issue, it’s easy to get in touch with the customer support team through live chat.
• Unique graphics for the website and app - The betting theme displayed at WellBet is quite unique and fun, it’s something a little different and certainly not boring.

WellBet Weaknesses

The key cons of WellBet that you should know include:

• No live streaming or betting - At this stage, live streaming and betting aren’t available at WellBet, but this could change in the future.
• Limited banking options - The payment methods at WellBet include debit cards and bank transfers, so the options are fairly limited.

WellBet Verdict

Despite being in its infancy, WellBet seems to have the basics, making the betting site a good place to be. If you’re the kind of punter who sticks with the main markets and main sports or racing events, WellBet is a solid option. There is certainly nothing wrong with WellBet and their graphics are particularly unique.

Their Same Race Multi offering is great, especially for a new bookie. They also offer blended odds on racing events and quick insights to runners in racing events (for example; which horse is the best-rated or a good roughie). They have live chat available so punters can easily speak with customers.

WellBet Features

I’ve found that WellBet has a solid range of features available for their customers to take advantage of. A lot of the features I found are geared towards racing, as this seems to be where they excel currently. Keep reading to find out about some of WellBet’s most important features.

Same Race Multi

While WellBet’s fixed odds may be fairly competitive, where they excel, in particular, is their r Same Race Multi product. If you’re the kind of punter who likes to place Same Race Multi’s, then all you need to do is head to the specific race you want to bet on and click the “Same Racing Multi” tab to make your selections.

Same Race Multi’s have become very popular over the last few years, so it is good to see this is something that WellBet offers. By combining multiple bets into one, you can increase your payout potential, meaning a big payday could be just around the corner if you play your cards right.

Blended Odds

Along with Same Race Multi’s, WellBet also offers blended odds to their customers. Blended odds is a unique market that allows you to hedge your bets by choosing multiple runners in the race. With blended odds, you are combining the odds of multiple runners into one price. 

This and the Same Racing Multi features make WellBet one of the fastest-growing horse racing betting sites. Blended odds are available for racing markets and may be something a little different to what you have seen with other bookies. 

Live Chat

I really feel as though live chat is a must for all bookies these days but, surprisingly, not all bookies offer this. WellBet does though, so you can breathe a sigh of relief! It’s easy to get in touch with the customer support team if you ever run into any trouble when using their website or app.

Live chat is my favourite method of communication with any customer service team because I feel like the response time is faster, meaning my issue can be resolved faster. It would be good if they offered live chat 24/7, though, because we all know that problems can happen at any time of the day.

Protest Payout

Occasionally, in racing, we see protests, which is where the connections of one runner dispute the result as they believe there was interference with their runner. Things can get a bit crazy when this happens, but with WellBet, they offer protest payouts! 

This means if the horse you bet on wins but then gets disqualified due to a successful protest, you’ll still get paid as a winner. You’ll find that many of the more established bookies offer this for racing events, but it is also great to see that WellBet, which is just getting its footing in the market, also offer this.

WellBet Racing Offering

It looks as though racing is where WellBet shines and all it takes is one look at their homepage to confirm this. On the homepage, you’ll see all the main real estate taken up by racing-related markets. Near the top of the page, you’ll see the three upcoming racing events.

They then have the market for a featured race, which is one of the most popular upcoming races for the day. If you’re interested in a specific racing code, all the upcoming races are split by code after the featured race section, making it easy for you to find what you’re looking for.

With the layout of the homepage, it makes it easy to add bets straight to your bet slip and then place your bets. This is great if you tend to leave things to the last minute because all it takes is a couple of clicks and your bet is good to go.

WellBet provides markets for all three racing codes across both domestic and international events. They even offer racing futures for major races that are taking place a little later. Markets like daily double, quaddie, early quaddie and more are available, along with the usual win and place bets.

On each specific race, you’ll find quick insights for some of the runners. While these aren’t necessarily in-depth horse racing tips, they provide some insight and assistance if you’re looking for help with which runner to bet on.

The odds available for racing are decent enough to consider and I found they sometimes do have among the best odds in the market. The racing promotions available at WellBet are also pretty standard across the industry. I’ll talk more about these two areas later on in this review.

Overall, I think WellBet is well on their way to become one of the best horse racing and greyhound betting sites. They do have a lot to offer already, but they could take thing to another level by making a few changes, like more in-depth tips, live betting and live streaming, for example.

WellBet Sports Offering

To see what WellBet has to offer in terms of sports, you’ll have to toggle across to the sports section on the homepage, or click on one of the sports displayed in the main menu. When you toggle across to sports using the button in the top left-hand corner of the homepage, you’ll see the layout is quite similar to that of racing.

Like with racing, WellBet do offer markets for sports futures, so if you’re into your futures betting, WellBet caters to that. While they don’t offer markets for as many sports as some of the other bookies in Australia, the sports they do offer have a massive range of markets attached to them.

For example, I checked some of the upcoming AFL and NRL matches to see which markets are available. For the AFL, there were over 300 markets and for the NBA there were almost 600. Same Game Multis are also available for both leagues as well. These aspects make WellBet one of the best AFL betting sites and NBA betting sites going around.

Other sports, like tennis, cricket and ice hockey, are available, but WellBet isn’t one of the many esports betting sites available in Australia at the moment. If you’re looking for one of the best tennis betting sites, you’ll be pleased to know that WellBet offers a great range of markets across many different tennis tournaments.

I’ll talk about this in more detail later on, but the odds and promotions offered for sporting events at WellBet are probably middle of the range. I wouldn’t say there is anything in particular to write home about, but they are good enough to be worthy of your consideration.

One area in particular that I think WellBet could improve on is to offer quick insights, like they do for racing events, or even tips for sports. Anything from NBA tips, EPL tips, NRL tips and AFL tips would be quite beneficial to their users I think.

WellBet Odds

The most important aspect of every bookmaker is their odds. They can offer different things like live streaming, fast withdrawals and unique promotions, but if their odds are consistently worse than others in the market, they aren’t going to be the best bookie to bet with.

You’ll notice that different bookies may offer different odds for the same market. While the difference in the odds may only be minor, it can really add up over time, especially if you bet on the regular. Sometimes, especially for roughies in racing, the difference in the odds can be fairly significant as well.

With different odds for the same market being offered, it means there is extra value to be picked up. I think it is a good idea to at least have a look around at what different bookies are offering, because you never know when you might be able to pick up some more value.

Odds comparison tools can make this process easier and it could mean a bigger payout if your bet gets up. So, what about WellBet odds, how do they stack up with others on the market? Well, WellBet’s odds are lacking a little bit when you compare them with some of the bigger bookies going around. 

We normally see this with newer bookies, as their margins for profit are a lot slimmer when they are trying to get some traction in the market. When comparing some of their fixed racing odds with competitors, it’s pretty clear that WellBet doesn’t have the top odds.

While their odds may not be at the same level, their Same Race Multi product allows for more value to be found. As well as this, you’ll find different odds for the same runners in racing, so it can pay to shop around and double-check WellBet’s odds because you just never know!

For sports, it is a similar story, where their odds aren’t usually as competitive as some of the more established players in the market. I did find some occasions where WellBet offered competitive odds for the main markets, like head-to-head and total points, for example. So, it can pay to check them out when comparing the odds before placing your bets.

WellBet How-Tos

How to Sign Up with WellBet?

If you’re thinking about signing up with WellBet, you’ll be pleased to know that the process is quite easy. There are only a couple of steps involved in the process and then you’ll be all signed up and ready to place some bets.

Follow these sign-up steps with WellBet:

1. Visit WellBet’s website or app.
2. Press the blue “Sign Up” button in the top right-hand side of the screen.
3. Add in your details to create your account, including your name, address, email, phone number, date of birth and more.
4. Before confirming your account, check if all the details you entered are correct. If there are any incorrect details, it may make it more difficult to verify your account.
5. Choose your deposit limit (not required, but it is recommended).
6. Click the “Create My Account” button to finalise your sign-up.

How to Withdraw from WellBet?

Now you know what’s involved in the sign-up process, what about how to withdraw from WellBet? Well, the process is just as easy as the sign-up process and it only takes a minute or two to complete. Then, you’ll just have to wait for the funds to hit your account!

Follow these withdrawal steps with WellBet:

1. Make sure you have logged in to your account and then find your available balance (it is a number) in the top right-hand corner of the screen.
2. Clicking on your available balance will open up a small pop-up, from there click on the “My Account” option.
3. After that, click on the “Withdrawal” option from the left-hand side inner menu and add in your bank account details, if you haven’t already.
4. Select how much you want to withdraw (remember, only funds that have been turned over are available to be withdrawn).
5. Check all the details you’ve added are correct and then confirm your withdrawal.

WellBet Australia Markets & Bet Types

As WellBet is still getting its footing in the market, I’ve noticed they don’t always have as many markets available for each racing or sports event. Looking at their racing markets in particular, they do offer a solid range of markets across both domestic and international races.

All the usual betting markets you would expect a bookie to have, you can find with WellBet. They cover all three betting codes and the range of sports they cover is growing. Honestly, for a bookie that only launched in 2023, I’d say their range of markets is pretty decent. 

In particular, they have a growing range of markets for the NRL, so I think it won’t be too long until they are one of the ideal NRL betting sites. I expect more sports to be added to their offering soon but when I checked their website to see what they offer, these were the sports I found:

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

 It also depends on the time of the year that you are betting as well. For example, if you are looking around May, then the new NFL season hasn’t started yet, so there won’t be any markets available for upcoming games. 

WellBet does offer sports futures, which I think is a great addition, but it would be good to see them add more sports. Over the last couple of years, I have seen improvement in terms of the range of markets available for the sports they do offer.

They have what I would consider a huge range of markets, but when you look at the same game at a more established bookie in Australia, WellBet’s markets don’t really compare. If you’re the kind of bettor who likes the more obscure things in life, WellBet might not have what you want.

However, if you tend to stick with the main types of markets like head-to-head, fixed win, exotics spread, total points, team props, player props and more across racing and sports, then WellBet should be more than enough. They also provide Same Race Multis and Same Game Multis, making it easy to add more legs to your bet.

WellBet Live Betting

Live betting is certainly becoming more and more popular these days and it is a way bettors can add another level of excitement to their experience. With live betting, Australia legislation dictates that bettors must call a bookmaker to speak with a customer service representative and place their bets.

Due to this, you’ll find that live betting markets are usually only available on sporting events and not on racing events. Sporting events have a lot more time between the start and end of the game, while racing events can be over in a minute or less.

Also, as bookmakers need to provide a phone number and set up a system with their customer service team for bettors to call to place their bets, it is quite resource heavy. As a result, we usually only see some of the most established betting sites offering live betting. Even then some of the biggest bookies don’t offer this feature.

At the time of writing, WellBet doesn’t offer live betting for its users. It’s not surprising, really, considering they are one of the newer betting sites operating in Australia. As they continue to grow in the market, that might change, though, so you should keep your eyes peeled.

From a personal perspective, I would consider live betting more of a nice-to-have feature, not an essential feature. While I do occasionally place live bets, not having live betting available wouldn’t really deter me from signing up to a bookie.

WellBet App

I usually find that the newer bookies have pretty decent apps, as they understand that many punters prefer to bet using an app when they are on the go. WellBet has an app for both iOS and Android users. I’ve taken a look at their rating in the respective stores:

• Apple App Store rating - 4/5
• Google Play Store rating - 4.7/5

The graphics and beach/ summer theme are a constant throughout the app. I found it pretty easy to find what I was looking for in terms of racing events and it only took a click or two until I had the bet in my betslip. If you’re looking for sports events, they are certainly on the app, they just are not in as prominent of a position.

The WellBet app is certainly good enough for you to check out if you’re in the market for a new betting app. I like their navigation, especially for their racing product and they offer little nuggets of insight on each race. 

WellBet’s app is in a great position, especially if the team continues to put effort into developing it further. The app may be run of the mill now but I think they’ve got a good foundation and have something great to build up from.

The app is quite fast and I have never run into an issue using it either. I would consider the WellBet app to be an accurate reflection of the website, so all the great features you see on the website are also available through the app.

If you’re the kind of person who is always on the go, you need a high-quality app that isn’t buggy and loads fast. That’s what you get with the WellBet app and it’s easy to get your bets sorted quickly. So, if you’re leaving your bets to the last minute, WellBet’s app should certainly be considered.

WellBet Promotions

No matter what bookie people are looking at, everyone wants to know about betting sites with bonuses! WellBet, like all other betting sites that operate in Australia, can no longer offer sign-up inducements. However, it is safe to say that WellBet takes care of its existing customers. 

The range of promotions is not as extensive as some of the bigger bookies, but they still have a decent offering. If you want to see everything that you can take advantage of, you’ll need to go to the promotions page after you’ve logged in to your account.

I found they have some pretty good promotions related to racing. No matter where you are in the country, you can take advantage of these promotions. So, if you’re a Victorian, WellBet is one of the best Victorian betting sites, or if you’re from New South Wales, they are also one of the best NSW betting sites!

Every bettor wants to find the best promotions to take advantage of, especially if they are using different betting strategies, like arbitrage betting, for example. While I would consider WellBet’s promotions to be around the middle of the range, they are still worthwhile promotions that can help stretch your dollar even further.

Some of the promotions that users can see without needing to log in include:

• Protest Payout
• Best Tote

WellBet Payment Methods

The payment methods currently available with WellBet include:

• Visa
• Mastercard
• Bank Transfer

Betting payment methods are vital because you want to ensure there’s a method that is suitable for you so you can deposit and withdraw funds. As I knew WellBet was a newer bookie on the scene, before I even started my review, I assumed there wasn’t going to be a massive range of payment methods. I was correct!

WellBet only has a couple of deposit and withdrawal options. I also noticed that they aren’t one of the fastest withdrawal betting sites going around. Their withdrawal time was a bit slower compared to other bookies who are now offering almost instant withdrawals, or withdrawals in a couple of hours. 

For withdrawals specifically, the only method available for punters is bank transfer. When withdrawing you need to add in your bank details and the withdrawal time is usually between one to three days. There are certainly other bookmakers available that offer more withdrawal options and a faster withdrawal time.

There’s one more option when it comes to depositing compared to withdrawing, which includes debit cards and bank transfers. For the debit card deposit method, you can expect to see the funds added into your betting account virtually instantly. With bank transfer deposits, things can take a little longer and you’re looking at around one day.

With just two deposit methods available, it doesn’t take a genius to realise that WellBet doesn’t have a lot of variety in its payment options. However, I think this is just a starting point for them and they could be adding new options in the future. 

I would love to see them become one of the many PayPal betting sites or BPAY betting sites going around someday soon. Adding variety is always a good thing, even though the options they do currently provide will likely cater to the majority of Aussie bettors.

WellBet Customer Support

WellBet’s customer support is ready to lend a helping hand when you need it. It is a little disappointing that they don’t have a phone number users can call, but the good news is that they do offer live chat along with an email you can write. 

It’s important to remember that WellBet is just getting started, so I wouldn’t be surprised if they offered a phone number for customer support soon. I think the addition of live chat is great for the WellBet team. 

If you have any issues, you can get in contact with the customer support team between the hours of 10am and 10pm (AEST). If you need to contact them outside of those hours, it’s probably best to send them an email at service@wellbet.com.au.

When I reached out and spoke with the customer service team through the live chat, my replies were answered in a timely manner and they were helpful enough. If you ever run into an issue, reaching out to the WellBet customer service team should be a positive experience.

I think an area WellBet could improve on is expanding the customer service hours. I think we all know that a betting issue or question doesn’t wait for a convenient time to present itself. Some other Australian bookies do offer 24/7 customer service, which I believe to be a great benefit.

If you still have a few questions about WellBet Australia, then you have come to the right place. I’ve gone through and found some of the most common questions people have asked about WellBet and answered them. Check out all the WellBet FAQs in this section: