VicBet Review [April 2024]

Vicbet Review
Established in 1992 and 100% Australian Owned
New and improved website with a mobile app
  • Betting Markets Variety
  • Banking Options
  • Mobile Experience
  • Payout Speed
  • Customer Support
  • Betting Experience
Total score
  • Impressive Racing odds
  • They care about customer support
  • Safe and secure payments
  • User-Friendly Mobile App
  • They don’t offer Sports betting markets
  • You won’t find many advanced features
  • No live streaming

Vicbet Special Features

  • Unique Rewards System
  • Personalised Customer Support
  • Heavily Focused on Racing
  • Simple Betting App

VicBet Review

By:Mike Jones

The owners of VicBet have been around the Racing industry since 1992 and began online operations in 2005. As a result, it’s one of the oldest bookies in the country and with many years of experience, they can be trusted. In this comprehensive VicBet Review, we’ll discuss some of the key features that you’ll need to know about before creating an account. This includes banking options, odds, betting markets, mobile, betting promotions and more.

Find out more about VicBet!

Info Card, VicBet Profile

Website: Vicbet.comYear founded: 1992
Live betting number: 1300 126 126Contact Information/Support: Live Chat, Landline Phone Number, Mobile Number, Email

License & Regulation:
Racing Victoria Ltd.
Victorian Gambling and Casino Control Commission. Victorian Bookmakers association.
Sponsorship Deals: N/A
Address/Headquarters: PO Box 34, BLACK ROCK VIC 3193Features: Rewards system, Mobile app
Deposit Methods: Credit / Debit Card, POLi, EFT, BPAYWithdrawal Methods: Bank Transfer
Apps Devices: Yes, via iOS Odds Providers: VicBet
Owner: Rod & Tim ClearyCompany: VicBet

VicBet Strengths and Weaknesses

We aim to provide an honest opinion of betting agencies websites that we review or compare. In this section, I’ll discuss the strengths and weaknesses of this particular website.

✔️VicBet Strengths

  • Racing Odds: I found that VicBet provided some of the highest racing betting odds in the industry. With higher pricing, this will give punters an advantage over other competitors.
  • Customer Service: It generally feels like this bookie does care about its customers. This is highlighted by a VicBet live chat feature and a detailed contact page with a full list of contact options. Along with a VicBet mobile phone number, I’ve never seen a bookmaker in Australia offer this. Ultimately, this will definitely help if you need any support along the journey.
  • Quick Sign-Up Process: It didn’t take long to create an account with this betting site as it will only take a few minutes. So this benefits punters as they can start betting right away.

❌VicBet Weaknesses

  • No Live Streaming: A considerable flaw with this betting site is the fact they don’t have any live streaming services for Racing or Sports. Live streaming of racing or sports events on a betting site offers numerous benefits to users, enhancing their overall betting experience. But in saying that, smaller betting sites do lack the funds / audience to compete with the bigger corporates. 
  • Only Offering Racing: As they only focus on Racing, VicBet is not recommended for betting on Sports. Of course, if you don’t enjoy betting on Sports, this won’t matter.
  • Lacking Advanced Features: You won’t find many advanced features at VicBet such as live streaming, cash out, multi betting and more. But if you’ve just looking for simple betting options, they’ll suffice.

👨‍⚖️VicBet Final Verdict

The pros and cons will always depend on how an individual bets and what their specific needs are. It’s clear that in this VicBet review they aren’t going to be the best option when it comes to fairly common betting features that can be found elsewhere. This includes live streaming, multi bets, cash out and more. There’s also the fact that they only offer racing betting at the moment. So if you want to bet on Sports, you’ll have to go elsewhere. However, they do a good job of offering customer service options and the basics are covered when it comes to betting.

VicBet Score

Betting Variety ⭐⭐⭐⭐
There isn’t a considerable amount of betting variety considering there are no sports betting and they lack some basic betting features such as multi betting.

Banking Options ⭐⭐⭐⭐
They have secure and trusted payment options. There are multiple instant deposit payment methods and a bank withdrawal. However, they’re missing PayPal and it would be nice to have more withdrawal options.

Mobile experience ⭐⭐⭐⭐
They offer a mobile app experience for their customers that can be downloaded onto popular mobile devices.

Payout Speed ⭐⭐⭐⭐
As there is only a bank withdrawal option, it will take a few business days to access a payout. You also must have a verified account before withdrawals can take place.

Security ⭐⭐⭐⭐⭐
There are no issues with security while using the VicBet bookmaker website. They’re perfectly safe and secure.

Betting Experience ⭐⭐⭐⭐
The overall betting experience at VicBet is based on offering a simple betting platform that doesn’t overcomplicate the process.

Customer Support ⭐⭐⭐⭐⭐
VicBet is a great provider of customer support. They have live chat, various contact numbers and even a mobile number.

VicBet Review

VicBet has been around since 1992 and moved online in 2005. It’s a family-owned Australian bookie owned by Rod Cleary and his son Tim Cleary. They’re well connected in the Melbourne racing scene and you’ll find the team at every Melbourne metro race meeting.

VicBet is solely focused on Racing and they widely cover Australian meetings across the country. I was able to easily find an updated betting market for any Race as their website is well designed in this area. There’s a decent form guide and numerous bet types.

In terms of bet types, this VicBet review found that they have all the basic options available when it comes to fixed win/place betting. As well as exotics, such as Trifecta and Quinella. They have decent odds in comparison with other betting sites and I could usually get some higher odds for most races.

The banking options were what you would expect from a betting site. I can use a few instant deposit methods such as Credit Card or POLi. Meanwhile, there’s a bank withdrawal option available. All options felt safe and secure.

Customer support is one of the best features at VicBet. As a family-owned Australian business, this is definitely reflected in how they offer customer service. It’s very personalised and their team is friendly to deal with. There are also numerous contact methods, whether it be VicBet live chat, phone numbers or email.

Recently, VicBet has developed a mobile app that now allows customers to bet on the go. It’s a decent app that offers a streamlined version of the website as it contains all the great features that this bookie has to offer.

VicBet has focused heavily on Racing and offering a simple betting system. They won’t have the bells and whistles that you can find elsewhere. It’s all about getting your bets on without fuss and focusing on speed. Therefore, this VicBet review comes to the conclusion that they would be recommended as a secondary betting site where you can take advantage of slightly better odds and a rewards system.

VicBet FAQs

Does VicBet offer Sports Betting?

At this stage, VicBet focuses on Racing betting and doesn’t offer any ability to bet on Sports. If you’re looking for AFL betting providers, Bettingtop10 has you covered with our list of AFL betting sites. We also review and compare NRL betting sites.

Is there a VicBet App?

In this VicBet review, I found that VicBet bookmaker has built a mobile app for popular Apple or Android devices.

Is VicBet Australian owned?

Yes, VicBet has been Australian-owned since 1992 and is one of the oldest bookies in Australia.

Can I watch Live Racing on VicBet?

Unfortunately, this VicBet review found that it’s not possible to watch live races via the VicBet bookmaker website. However, this is fairly common as broadcast rights are usually given to the bigger players such as Sportsbet.

📱VicBet Mobile

In today's fast-paced world, I believe that having a mobile betting app for racing enthusiasts is essential for those looking for convenience and accessibility. VicBet, a renowned bookmaker specialising in racing, now offers its customers the VicBet Mobile App, providing a seamless and user-friendly platform for racing betting on the go. For this VicBet review, I explored the features, functionality and overall experience of using the VicBet Mobile App.

I found that the VicBet Mobile App boasts a sleek and intuitive user interface, making it easy for both experienced and newcomers to navigate. The app's well-organized layout ensures that users can quickly find their desired racing events, tracks and betting options. The menu is neatly organised, allowing for effortless navigation between different race meetings and bet types. Whether you're looking to place a pre-race bet or explore various bet types, the app's user interface ensures a smooth and hassle-free experience.

VicBet Mobile App also offers an extensive range of racing markets, covering a variety of race types and tracks. I can choose from a wide selection of bet types, including win, place, quinella, trifecta, and more. Additionally, the app provides competitive odds, ensuring that users have access to favourable betting opportunities and potential value.

I also liked that the VicBet Mobile App simplifies account management tasks, allowing users to conveniently deposit funds, withdraw winnings and access their betting history with just a few taps. The app ensures secure transactions and maintains usebetting ar privacy, providing peace of mind. 

Overall, I think that the VicBet App is a user-friendly and feature-rich platform that offers a seamless betting experience for racing enthusiasts. 

🏇 VicBet Racing

If you love betting on the races every day of the week, then VicBet bookmaker is right up your alley. With no sports betting options, VicBet has solely focused on providing the best experience when it comes to Racing & betting.

Looking at the VicBet homepage, it’s hard to miss upcoming Races as there are numerous ways to find a next to jump betting market. In the left sidebar, they’ve included a “Highlights” section and this will display the best Races for the day or in the future. This will usually highlight Saturday racing and the big Races, such as Melbourne Cup.

Below the highlights, you’ll find a tabbed layout of the next to jump races in each category. This feature is also available in the right sidebar so I think it’s pretty hard not to find what’s running next. Meanwhile, the middle section on the homepage gives you a more detailed overview of the next to jump races and you can even bet straight from the homepage.

Then, you’ll find the unique Big Bets section. This displays some of the biggest bets of the day from VicBet users. In terms of the competition, it’s a very rare feature and could be helpful if you’re wondering how others are betting.

Vicbet big bets

Looking at the odds, it definitely can fluctuate in the industry. However, I found that VicBet was fairly competitive in this area as they did offer higher odds on many occasions. This is likely because they don’t have to give a cut of the profit to an outside odds provider. So that’s good news for punters.

In terms of coverage, VicBet bookmaker has odds and betting markets for every single Race that’s available in Australia on any given day. Meanwhile, it’s also possible to bet on International racing for Thoroughbreds, Greyhounds and Harness Racing. This can be easily accessed via the Racing page on their website.

Looking at the betting markets, VicBet has a simple and nicely designed interface that displays all the information I need. They have the standard bet types available such as fixed win / place and popular exoctics such as trifecta. Meanwhile, there are unique bet types that includes; Best TOTE and SP, Top Fluc and Best of The Best. So you can really take advantage of some better odds.

There is also a detailed form guide available for Horse Racing. A form guide is always handy if you want to drill down into the specifics of the runners. You’ll find information about their last few runs and their various records at the track or distance.

Using the bet slip felt quick and easy. It allows me to get my bets on in a few seconds and the process wasn’t complicated. However, they’re severely lacking the ability to place multi bets so you’ll only be able to place single bets at the moment.

VicBet Best Features

The Australian betting landscape is highly competitive and this means that bookies need to create features that make them stand out. At VicBet, you will find a couple of very unique features that will improve the overall experience.

VicBet App

The VicBet app is now available for download on iOS and Android devices. Previously, customers had to use the mobile website so this is a huge improvement in the overall betting experience at this bookie.

VicBet Rewards System

Arguably the most unique feature at VicBet is the rewards system. I’m able to earn points for placing bets. I can also redeem points online for rewards.

VicBet Big Bets

Big Bets is a unique feature at VicBet that will display some of the biggest bets they’ve taken for the day’s racing. If you want to follow along with some of the high rollers, this will give you a good idea of what they’re betting on along with the stake.

Vicbet big bets

VicBet Live Chat

One of the great aspects of VicBet is customer support and this is highlighted by the Live Chat feature. This will help solve any issues that may arise in a quick and easy manner. New betting sites have adopted live chat for customer support and it’s good to see an older bookie like VicBet also providing this option.

VicBet Sports Coverage

While there aren’t any sports betting markets at VicBet, there are plenty of racing markets to keep you entertained.

VicBet Horse Racing

There’s a wide range of horse racing betting markets available each day for meetings in Australia. There’s also betting for International tracks, such as Ascot and Newmarket.

VicBet Harness Racing

VicBet has every Harness race covered in Australia and Internationally. They also have exotic bets available along with Mid-Tote.

VicBet Greyhound Racing

There are greyhounds betting markets available every day for the dogs. They widely cover Australian Greyhound racing. There’s also the ability to bet on International dog racing.

VicBet Sponsorship Deals

At the moment, this bookie doesn’t have any sponsorship deals.

VicBet Betting Markets & Types of Bets Available

This section will look at the various betting markets offered at VicBet as well as the bet types. In general, the basic betting markets and bet types that you’ll find at other betting sites are offered at VicBet. So if you’re just after a simple betting experience, they’ll suffice.

In terms of betting markets, you’re able to place win / place bets. They display fluctuations so can see how the market is rating a particular runner. Meanwhile, there are exoctic bets available – Quinella, Exacta, Trifecta, First Four and Quaddie. It’s also possible to use a few unique bet types, such as Favourite vs Field and Odds vs Evens. Meanwhile, some races will have odds for head to head bets where you can bet on the winner between just three runners instead of the whole field.

The types of bets available at VicBet are very limited as they only have single bets at the moment. This means that multi betting isn’t possible and it’s a clear disadvantage for punters that love building massive multis. If you’re wondering why this is a disadvantage, find out more about how do multi bets work with our guide.

VicBet Betting Markets:

  • Win/place Racing Market
  • Racing exotics
  • Favourite vs Field
  • Odds vs Evens
  • Head to Head Decisions

Types of Bets Available

  • Single bets

💳VicBet Banking

After creating an account, it’s time to talk about the banking options that you’ll be presented with.

Looking at the deposit options, there’s a decent range on offer to get started with. Firstly, they have the basics covered with credit / debit card deposits via a Mastercard or Visa. Meanwhile, it is possible to deposit money via your Bank account. This is definitely the safest method to use but it can take longer.

One of the unique parts of their deposit payment methods is the ability to use POLi. POLi is a secure payment system and is very similar to PayPal. In terms of the competition, POLi isn’t offered by every bookie so VicBet has an advantage here.

When you want to withdraw your hard-earned winnings, it’s important to note that the account must be verified first. The verification process is pretty standard and can be easily uploaded via email. But if you need help, the friendly support team is there to help you along the way.

At the moment, they only offer a single withdrawal option and that’s via a Bank transfer. This will generally take a few business days to clear into a nominated bank account. Of course, it would be great to see some other withdrawal payment methods so they can definitely improve on this in the future.

🔞Is VicBet Legal in Australia?

Similar to any online service that requires the exchange of money, you want to be using a safe and trusted website. Luckily, Australia is very strict when it comes to .betting legislation. All betting sites in Australia must adhere to strict guidelines about what they can offer and this is good news for the general public.

Firstly, VicBet does a good job of providing responsible gambling links on its website. These can be easily accessed via the footer. They are currently licenced by Racing Victoria Ltd and also comply with the SA Code of Practice. Meanwhile, they are regulated by the Victorian Gambling and Casino Control Commission (VGCCC).

Here at Bettingtop10, we strive to only review and recommend secure betting sites. I’m happy to say that VicBet bookmark passes the test in this area.

VicBet Customer Support

Customer support is definitely an important aspect of betting even though it might not seem like it. If you encounter any problems or issues, it’s really important to know that someone will be there to help. Otherwise, it can be a frustrating experience, that’s for sure.

The customer support platform at VicBet is one of the best in the industry and it feels like they really care about their customers. Firstly, their contact page is full of information about how to get in touch with their team. They have multiple ways to contact them by phone whether you’re on course or at home.

They even make a note of a VicBet mobile number for one of the owners – Tim Cleary. This is a truly rare feature and shows that they’re all about personal service – which is very nice to see.

Meanwhile, there is a VicBet live chat option and this is great for sorting out any quick issues. Rather than sending an email and waiting for a reply, a live chat operator can solve your issue. This is definitely a great time-saver.

To top it off, there is a full FAQ section on their website. This aims to answer the most common questions they’ve received. Generally, this can help answer those quick questions and could even avoid the need to contact someone.

VicBet How to

Find out more about using VicBet with an overview of how to create an account, how to bet and withdrawals.

How to open an account on VicBet

Creating an account at VicBet is an easy three step process via their website. It’s not an overly long form and it will ask for some basic personal information. For someone that’s never signed up a betting account, it will likely only take around 2-3 minutes. Once the form is filled out, the account is automatically created and you can start betting right away. You’ll also receive an email with your username ID and VicBet login instructions. Make sure you make a note of the ID as you’ll use this to VicBet login.

Register Vicbet

How to place a bet

  • Locate a Racing market either via the homepage or Racing page.
  • Look for the specific market and click on the odds next to the runner.
  • Now you will need to enter a betting stake and it will display the potential return.
  • Lastly, click on the Confirm button to place the bet.

How to request a withdrawal

Before a withdrawal can be processed, your account must be verified. They will require 100 Points of identification, such as your current Australian Driver’s Licence and Passport. Simply email the support team with this information and they’ll make sure your account is verified in no time.

After successfully verifying your account, a withdrawal can be made online. At the moment, they only offer bank withdrawals. Simply, enter your bank details & amount and the accounts team will process the request. This will generally take a few business days to clear into your bank. This timeframe will depend on a few factors such as when it was processed and your Bank.

Unique Rewards System