CentreBet Review - Australia's Leading Bookies for Horse Racing Punters

CentreBet is one of the leading bookmakers in Australia and has been able to establish a strong, trustworthy brand since they launched in 1992. Today, the operator offers up to 8000 markets across horse racing, sport and entertainment each week.

The homepage when you log into CentreBet is separated into three different sections. On the left side of the page, as is the case with all good betting websites today, there is an A-Z of the sports they offer markets on. In the middle of the page are the sporting and racing highlights that day, while in the far right, there are quick links to the next six sports and horse racing events to begin.

If horse racing is your thing then CentreBet have you covered as their offering is very strong. Not only do they provide betting on every meeting each day from Australia, but they also have a range of markets from around the world, including the United Kingdom, Japan, France and the United States. Harness racing and greyhound are also available on the site if you like to bet on those.

The Australian bookmaker offers odds on every major sport including soccer, rugby league, tennis, golf and Australian rules. There are also many sports that you would not find elsewhere, such as Canadian football and surfing. If you enjoy betting on these niche sports, there is a strong offering so it is not just the case of the odd market being there.

One of the negatives with CentreBet’s site is that they don’t offer live betting in-play. You do, therefore, need to get your bets on before the event starts. With sports such as golf and cricket, which take place over a number of days, they do update their betting at the end of each day’s session, though, so you can get back involved then.

CentreBet also have an app, which is available in the iTunes store. The app is very easy to use and allows you to place a bet when on the go. To have a punt on a horse, you simply have to tap the runner and type in your stake and your single bet will be on.

Signing up to a CentreBet account is very easy to do. You just need to fill in an online form with your details, create a username and then add a payment method and you will be ready to go. When signing up to a new account, you can set deposit limits. These can be adjusted but do note it takes seven days for it to be changed once you set a limit.

Your bet slip is on the top right corner of the page and this allows you to build multiple bets with your selections, back a selection each-way and it will give your potential returns for your bet once you have typed in your stake.

Odds & Promotions

CentreBet offer best odds guaranteed on Australian horse racing and on many other markets, which means that if you take a price on a horse in your race and the starting price is bigger, you will get paid out at SP. This is a great concession that is offered every single day of the year by the firm.

Horse racing punters have the benefit of having free race form on the horse racing section of the site. This allows you have everything you need on the site to try to pick a winner. Unlike other firms who just having the betting on their horse racing pages, CentreBet includes the latest form, trainer, jockey and career prize money for the runners in the race. The form guide also includes the scratchings and silk colours.

CentreBet offer what they call a power bet each day. This is where they have enhanced the odds on a selection or have come up with a boosted special on a particular market. There is a maximum stake limit on this selection; however, it is normally in the region of $50,000, therefore, most punters should be served well.

For daily promotions, follow CentreBet on Twitter, Facebook and Instagram as they promote all of their offers on their social media channels so you never miss anything.

The Australian bookmaker are competitive which their pricing policy. With strong competition from a number of firms in the southern hemisphere, they like to offer the best possible prices to give their customers strong value.

Player Security & Safety

There are numerous different payment methods you can use for depositing money into your CentreBet account and they include bank transfer, credit card, PayPal, Skrill and Moneybookers. Depositing into and withdrawing from your account is safe and simple. There is no charge to deposit or withdraw. If you are depositing from a credit card, there is a minimum deposit of $5.

When you submit a deposit request on your account, the funds arrive into your bank account within 1-5 business days. The speed at which you receive the money though will depend on your bank’s processing time. Before you make your first withdrawal, you may need to send CentreBet some verification documents, including a driver’s licence/birth certificate, picture of the front and back of the card and a utility bill which features your address.

CentreBet offer what they call a power bet each day. This is where they have enhanced the odds on a selection or have come up with a boosted special on a particular market. There is a maximum stake limit on this selection; however, it is normally in the region of $50,000, therefore, most punters should be served well.

Each time you make a deposit from your card, the three-digit CV2 is requested. This is for security reasons to ensure no fraudulent activity can be made on your account.

CentreBet has a licence in the Northern Territory with the government and was the first bookmaker in the southern hemisphere to offer sports betting in 1996. They are fully regulated, therefore, you can be safe in the knowledge that your bet and any potential winnings will be honoured fairly.

One of CentreBet’s priorities, according to their site, is your privacy and confidentiality. This means that any transactions will be dealt with discretion and through a secure site.

Conclusion & Overall Rating

CentreBet is a bookmaker which is highly recommended to horse racing and sports punters alike. The site should be of special interest if you are a horse racing fan as the free form guide and array of different meetings around the globe which betting is available on is very impressive.

The app should be downloaded if you have a smartphone or tablet as it makes placing a bet so much easier, especially when you are on the go as it only takes a few clicks regardless of where you are. If do you like to place your bets through the desktop site, this is also simple as the design of the site ensures you can find exactly what you are looking for with little trouble.

Odds are obviously an important factor to punters when making a bet and CentreBet are very fair with their margins, while they are often top price if their traders have a strong opinion on a market.

Depositing and withdrawing is very simple. There are lots of different payment methods; therefore, if you don’t like betting with your card, third party companies such as PayPal can be used, although you do need to withdraw with the same method used for depositing.


Overall rating: 8/10