Luxbet review

Luxbet Announces Closure

Please note that on the 15th December 2017 Tabcorp, the parent company of Luxbet; announced that they are closing the corporate bookmaker effective the 22nd December 2017. All accounts holder are advised to promptyl withdraw their funds. For further information please refer to Luxbet announces closure.

Australian Racing Greyhound is leaving this bookmaker review online for historical purposes.

Luxbet History and Background

Luxbet was established in 2008 and is licensed in the Northern Territory. Luxbet is owned by Tabcorp Holdings, which provides customers with the knowledge of security and longevity. The website is well designed and offers punters an easy-to-use PC platform and mobile betting options.

This Australian owned bookmaker offers fixed odds betting on the dogs, as well as box challenges and frequent greyhound-based weekly promotions. There is no doubt Luxbet caters to greyhound racing enthusiasts better than a lot of their rivals.

AUD$150 in bonus bets when you deposit $50

When you sign up and make a deposit at Luxbet, you will receive a free bet of $150 when you make your initial deposit of at least $50- essentially giving you $200 in bets for just one quarter of the cost. The bonus will be credited to your account within one working day and must be wagered on a single market. If the bonus bet wins, any winnings credited to your account will exclude the bonus stake.

This promotion is available only in Queensland, Tasmania, the Northern Territory and the ACT, as state gambling laws forbid this kind of sign-up bonus for residents of New South Wales, Victoria, South Australia and Western Australia.

See the ‘Weekly Specials’ page on www.Luxbet.com for further details and more weekly promotions, including this week’s greyhound promotion.

100 per cent Australian bookmaker

Luxbet is owned by Tabcorp Holdings and is fully licensed and regulated by the Northern Territory Racing Commission. Tabcorp Holdings is an Australian top 50 ASX listed company that manages a range of well-known Australian brands, including the TAB, Keno, Luxbet, Tabcorp Gaming Solutions, Sky Racing and Sky Sports Radio. Luxbet also contributes a portion of their profits via a discretionary payment to the NSW and Victorian thoroughbred, harness and greyhound racing codes.

Online betting layout for PC & Mac

When you first navigate to Luxbet you are greeted with massive promotional advertisements for their deposit bonuses. It’s not a good start to the experience, but when you click on the racing menu it provides users with a very easy to navigate page for race to race betting across the three codes. The “Next Race To Jump” tab drops down a list of upcoming races in a sensationally designed box separating the three codes. The simplicity is something that other companies should look to copy.

Placing bets at greyhound betting sites like Luxbet is made even easier with the layout offering Win, Place and Each-Way within the betting platform for each individual race. This eliminates the need to make changes within the betting slip when submitting your bets. It’s just a matter of inputting your stake size and hitting “Bet” and confirming your bet.

Luxbet apps for smartphone & tablet devices

Luxbet offers two dedicated market apps for mobile greyhound betting and Luxbet.mobi:

These mobile greyhound betting applications are free to install and offer customers with a fantastic betting experience on the move. You can join, deposit and withdraw in the apps and you can also access a full range of betting markets.

The Luxbet apps include fantastic features such as Sky Sports Radio and full form. You can study the form, deposit into your account, place your bet and then listen to your dog get the chocolates all from the one app. This is all done on a convenient swipe-to-scroll software package that also includes Multi Mode.

If you use Windows Phone, BlackBerry, or any other alternative mobile system, you can bet on the go by simply heading to the mobile website.

Market odds & bet types for greyhound racing

Luxbet offer standard single wagers, as well as all the popular exotic bets, which is pretty standard at the top online bookmakers. Most greyhound races Mid Div prices, which take the second-best payout from the three TAB totes, however Top Tote is offered occasionally for big races. Fixed-price odds are available a few minutes before the jump in most races.

These are the betting options available for most Australian greyhound races:

Single bets: These are your most basic greyhound wagers, where you can bet on a dog to finish first (win), to finish in the top three (place), or simultaneously cover the place and the win (each-way).

Exotics markets: Greyhound exotics include quinellas, in which you try to pick the first two finishers in any order, while an exacta (top two), trifecta (top three), or first four bet (top four) requires you to name the top runners in the precise finishing order.

Doubles & quaddies: With this kind of racing bet, you must select the winners from specific races chosen for the meeting. A double bet covers two races, while a quaddie consists of four races. This is normally on races 5,6,7,8. To win the wager, you must pick the winner in each race — e.g. three legs out of four won’t get you anything in a quaddie bet on greyhounds, as we can attest. Luxbet also offers the “Early Quad” on the major meetings, which covers races 1,2,3,4.

Mystery bet: Choose the greyhound bet type, adjust the stake and let Luxbet do the rest. Mystery picks range from a single win/place wager up to a boxed first four covering 24 possible winning combinations.

Box Challenge: Luxbet quite often has a market up for the popular box challenge. This can be a fun bet type for punters wanting an interest across an entire meeting. They work the same as the Jockey Challenge, with the boxes being awarded 3,2,1 points if they manage to fill a place.

Online deposit & withdrawal options

There are several secure and easy-to-use methods for getting Australian dollars in and out of your Luxbet account. Luxbet doesn’t charge a fee to use these preferred AUD deposit options:

Visa, MasterCard, Moneybooker and POLi deposits will reach your account instantly, while bank transfers and BPay transactions can take 2-3 working days to clear. The easiest way to make cash withdrawals is via electronic funds transfer (EFT) direct to your personal bank account. Withdrawals can only be made once proof of identification has been submitted to Luxbet.

Customer security

Security is paramount at Luxbet with the website certified PCI DSS Compliant by Vectra Corporation and all your funds and personal details are safe and secure. All customers are required to prove their identity if they gamble with real money at Luxbet. In addition to offering customers with a completely secure platform, Luxbet adheres to a strict Privacy Policy under the Privacy Act.

24/7 Phone Betting Support

If you have any greyhound betting inquiries, you can get in touch with the Luxbet support team 24 hours a day via live chat, email ([email protected]), or the toll-free Australian racing hotline (132 LUX (132 589)). For general inquiries, personal assistance and overseas support, use the alternative telephone numbers below.

Customer Support:(AUS)
(Aus) 1300 LUX BET (1300 589 238)
(INTL): +61 2 8240 5700

Customer Service hours of operation:
8am to 10pm, Monday to Saturday
8am to 6pm Sundays
(Australian Eastern Daylight Savings time)

Register at Luxbet.com today and score AUD$150 in bonus bets when you deposit your first amount of $50.