Readbet Review

Readbet are a new bookmaker on the scene in Australia, but they have certainly been making big waves in their short time with a fantastic range or products and fabulous member benefits.

The Read name has been in Australia for the best part of a quarter of a century and Readbet are already gaining a great reputation. They accept the casual punter, but they also welcome professional highrollers too.

They have introduced a product what is now known as Discount Betting which has proven to be hugely popular and punters know that by betting with Readbet they are getting some of the bvest value online.

Discount Betting – 10% Better

Readbet don’t offer a free bet as such, but what they do offer is Discount Betting, which might even be better than a free bet! Discount Betting is only available to Readbet customers and basically means you get a payout of 10% on Australian racing. In other words – get paid out regardless of the outcome!

How to Discount Bet

  • Discount betting is an exclusive product to Readbet customers. Register Here.
  • Get paid out regardless the outcome (win or lose) with an 8% refund.
  • Eg. Place a $100 bet and if that selection loses, get $8 back (8% of your stake).

Other Promotions Available at Readbet

Readbet have a stack of promotions always running. Some are constant throughout the year, while other weeks they will introduce new one off promos for special events. It pays to keep a close eye on the website to see what this week’s promo is.

Some of the more popular ones are money back specials on selected races each week. The $2.00 line betting for AFL, NRL and Super 15s and of course discount betting which we have already covered.

Readbet Products and Services

Racing

  • SuperTOTE+ – Guarantees you a dividend better than the three Australian TAB’s.
  • Super Tote – Guarantees you payout exceeding two TAB’s on country, harness and greyhounds.
  • Discount Bet – Receive a return on every bet, regardless the outcome (win or lose). Get 8% back.
  • Fixed Odds – Get fixed odds on metro racing as well as futures markets from around the world.
  • Owners Bonus – Bet on your own horse and get a 15% bonus as well as a 10% rebate.
  • Double Payout – If your horse finishes first and is later relegated to second, you get paid.

Sport

  • 100% Markets – Get $2.00 line betting for AFL, NRL and Super 15’s. This is rare in Australia!
  • Asian Handicap – This bet type is available for soccer markets, with special promos too.
  • Money Back – Get your cash back on selected sporting events every single week.
  • Global Coverage – Bet on a huge range of sports, both in Australia and around the globe.
  • High Limits – Readbet are known for accepting highrollers. Bet without being limited.

Readbet Website

The Readbet website isn’t too bad. It is easy enough to navigate with horse racing, harness racing, greyhound racing and sports separated on the left menu into the right categories.

The site is very horse racing orientated and because they focus largely on the racing side of things with their products, this makes sense. The next 8 races to jump are listed on the front page making it that much easier to navigate.

The different promotions are flashed on the front page too, while all their current promotions are listed down the right hand side no matter which page you are on. All their promos are explained in these little sections and are available to read at any time.