Luxbet Review

Luxbet officially closed its doors on 19th December 2017. The closure of the Luxbet business brings to a close the operations of one of the best corporate betting agencies in Australia. Luxbet was initially founded in 2008 in the Northern Territory, by their parent company, Tabcorp Holdings Limited (a publicly traded company in the Top 100 on the Australian Stock Exchange). Tabcorp is a name synonymous with sports betting in Australia through their ownership of the TAB (Totalisator Agency Board). Whilst Luxbet operated as a separate entity, licensed by the Northern Territory Racing Commission, it nonetheless benefited from the backing of it’s strong parent. Luxbet was Tabcorp’s corporate bookmaking brand, before the revamped TAB switched to more of a corporate model.

Luxbet logo
Luxbet has ceased operations and you can no longer register an account.

Our review of Luxbet’s services

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User Rating: 3.58 ( 3 votes)

In pure financial terms, Luxbet offers the best value returns of any bookmaker through products like Best of the Best.

Luxbet provide mobile betting platforms including an app, android and mobile website. The app is free to download and has all of the features of the desktop site whilst also making the act of placing a bet an even more efficient process.

Luxbet no longer provides betting promotions to its members.

For serious racing punters, Luxbet offers the most valuable bet types. They were the first to offer the Best of the Best product, and continue to do so. They also offer Lux Div and Bookies Best + 10% on certain races. It is a real strength of their service offering.

Luxbet’s racing bet types are the equal of any bookmaker. Their products routinely pay out dividends at higher odds than their competitors. Their fixed odds markets on all sports are also competitive with other bookmakers.

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Membership features

Best of the Best -Bet with Luxbet using the best value horse racing product in Australia.
Sports Form Zone – Sports zone provides fans with all of the stats and analysis on upcoming events.

Best of the Best racing product

Luxbet pioneered the Best of the Best horse racing product. The popular bet type pays out the higher of the top fluctuation or the best of 3 totes. It is the best value product for race goers that bet often. Those looking for the product can read our review of PlayUp as they continue to offer the popular bet type.

Best of the Best dividend payout example

Sports form zone

One oft overlooked feature of Luxbet membership is the free access they provide to form and analysis on a variety of sports. Members can enter the Sports Form Zone and get the latest statistics and predictions on upcoming events.

Luxbet sports form zone graphic

Website products and interface

The Luxbet website, through which they conducted the majority of their business, served its customers well. The sheer amount of betting markets, and products available for each of those markets, provided a wealth of information for the sports enthusiast. The navigation was also good, with separate menus for different sports. In the months leading up to its closure, Luxbet did not invest in the site. It wasn’t as user-friendly or visually appealing for customers; especially when compared to a website like Unibet’s, whose site is particularly engaging.

Luxbet’s sports betting offerings

Luxbet offers the full gamut of markets for every sport event they field. For AFL and NRL matches, they typically offer over 250 markets for any given match, or if you like, over 2,000 markets for each code, each round. They offer access to international markets from Finland to Oklahoma City, US; and, the list of sports is extensive as well. Sports include: American football, Australian rules, baseball, basketball, cricket, cycling, darts, e-sports, golf, handball, martial arts, motor sport, netball, rugby union, rugby league, snooker, soccer, tennis, volleyball, and winter sports. They also offer non-sports events that their parent company, Tabcorp, doesn’t field markets for.

Luxbet’s racing offerings

Consistent with all Australian bookmakers, Luxbet provides markets for greyhound, harness, and horse racing. They have a dedicated approach to their racing options, offering a distinct racing menu for each offering and, though their racing menu may not be as expansive as their sports menu, it is relatively extensive and easy to navigate. Their racing products are the best in the industry, they include: Best of the Best, LuxDiv, LuxFixed, exotics, and LuxMid.

Contacting Luxbet

There are several ways that members and prospective members may choose to get in touch with Luxbet for support. Their extensive frequently asked questions category may be adequate enough to answer all enquiries, but if it isn’t, they welcome members to contact them via their international, Australian, or United Kingdom help numbers. They also provide a live chat and a dedicated customer support email address.

  • Live chat
  • Submit a support ticket via email
  • By phone (24 hours a day): 132 589 238
  • By mail: PO BOX 2317 PARAP NT 0804 Australia

Luxbet review summary

For a time, Luxbet offered the best racing products in Australia. Best of the Best delivers the best return possible, and it as always available with Lucxbet. The corporate backing of Tabcorp cemented Luxbet as a highly regarded bookmaker, that same backing also brought the brand undone when Tabcorp decided to cease the Luxbet business.