Centrebet is one of the most respected bookmakers in Australia. They were the first bookmaker to be listed on the Australian Stock Exchange (ASX) and have a rich history in sport and racing wagering in this country.
Centrebet was the first sportsbook in the Southern Hemisphere to accept online sports bets, way back in 1996. Centrebet was acquired by SportOdds in 2003, before the new company merged SportOdds.com, SuperOdds.co.uk and Centrebet into a new company under the Centrebet brand.
Sportingbet bought the Centrebet brand in 2011 for $183 million to form one of the largest operators in Australia. The company changed hands again when UK betting giant William Hill bought Sportingbet in 2013. But Centrebet remains fully licenced in the Northern Territory, where it has been operating since 1992.
The Centrebet website underwent a large renovation in June 2012, when it went from dated to state of the art.
When you initially visit Centrebet there will be three tabs at the top, ‘home’, ‘sport’ and ‘racing’ which allows you to navigate to the most popular betting options quickly.
The actual layout of the website is in three columns, on the left you have your sports, while the centre shows the selected games odds, and several important markets and gives you the option to expand the betting markets on the selected event.
On the right is your bet slip which, like most online bookies, is remote and will simply add selected bets to the slip. This means you can make all of your selections and then edit them when you have finished making your choices. This is also where you can change the bet type.
While the layout at Centrebet is generally user-friendly, when you have expanded a certain match’s different markets or are looking for a certain bet, it can become cumbersome and time consuming. Having said this, Centrebet’s layout stands head and shoulders above most online bookmakers.
Centrebet offer the latest odds and betting on all Australian sports and many international sports. The AFL, NRL, A-League, and Super Rugby markets are just a few of the domestic sports offered at Centrebet.
Internationally, Centrebet boast a strong rang of sports including NBA and other basketball leagues, EPL and other soccer leagues and many other sporting competitions from around the globe.
Centrebet also offer novelty markets on politics, television shows and anything else the brains trust can dream up. Centrebet is also renowned for releasing its markets early. For instance it might release markets for weekend football matches on a Monday, rather than a Wednesday.
Future races is where Centrebet really excel, a quick scan of future race markets show this bookie to offer some of the best odds in comparison to other large corporate sportsbooks.
Earlier this year I found odds 50 per cent better at Centrebet on a New Zealand horse that I knew had been set for an Australian race. This is a common theme and they are often willing to take on a talented horse from a long a way out.
When we bet on racing we are also given a wide range of options to choose from. But perhaps the most valuable feature that is given to us is Superodds. This allows the punter to receive the best odds from Centrebet Fixed Odds or the official TAB odds. Centrebet offers Flexi betting, Exotics All-ups and numerous others.
Upon your first deposit at Centrebet they will match the amount 100 per cent up to $200. (Deposit $100 get a $100 free bet; Deposit $200 get $200 free). This offer is not available to residents of Victoria, New South Wales, Western Australia and South Australia because of state laws. However, this does not mean Centrebet cannot offer you similar deals after you have signed up.
There are constantly promotions being run on various sports at Centrebet. For instance at the time of this review being written, they have a ‘NFL 2 Minute Warning’ bonus where if your team is leading in the last two minutes and go on to lose your bet is paid out. Another current promotion gives a 25 per cent bonus to all winning multis.
Another promotion that is consistently run at Centrebet is the ‘refer a friend’ program, which gives you a $50 free bet every time you introduce a new customer to centrebet.
Centrebet’s minimum wager via the internet is $1.00, for all wagers, except exotics which are $0.25.
The maximum amount Centrebet will pay out from a phone bet is $500,000, unless it is a multiple wager and then the client can receive up to 20,000 times their initial wager. If the client is receiving a payout for a place they can receive up to $250,000. This means the maximum a player can bet directly correlates to what the odds are.
Again the amount allowed to wager via the internet relates to maximum payouts. The most that may be paid out on any internet wager is, in the case of a single win wager, or win/place wager is $50,000. Any multi bet payout can be up to $100,000 or 20,000 times the client’s wager. (Whichever is less). A place wager via the internet can net a player up to $25,000.
There have been reports of Centrebet accepting larger bets, but this would on a case to case basis.
Live sports betting via the internet is banned in Australia by the Interactive Gaming Act. Centrebet still offer Live Sports Betting but only via its phone service. For further details visit Centrebet’s Live Betting page.
Depositing money at Centrebet can be done in numerous ways. These include via credit and debit card, e-wallets, POLi and money transfers.
Each deposit option at Centrebet has its own stipulations, this means some methods such as a bank transfer might take between 1-3 business days. But deposits via credit card and through payment system POLi are instant.
Withdrawing money through Centrebet is simple and can generally be done through the same method you deposited money. The length of time it will take to be put in your account will depend on the method chosen and how long it takes Centrebet to process, it can sometimes take up to 48 hours but this is standard for an online bookmaker.
For Australians that want to deposit at the Centrebet sportsbook in Aussie dollars this is what they have available to us: VISA, Mastercard, Neteller, Skrill (formerly Moneybookers), Solo, Bpay, bank transfer.
Centrebet now offers betting apps for Android smartphones & tablets, and Apple iPhone & iPad. They also have an excellent mobile version of their website for punters using other devices.
Using the betting apps or the mobile website punters can view odds, place bets, and make deposits or withdrawals. All mobile options are designed well, with easy navigation and big buttons.
To get the appropriate betting app for your device, visit the Centrebet mobile website. The website will automatically detect the type of device you’re using and redirect you to the appropriate app (or mobile version of the site).
Australian sports bettors cannot play at the Centrebet poker room or online casino.
Because they are licensed under and governed by the Interactive Gambling Act and registered in Australia we can only use their sports betting facilities.
If you any issues with Centrebet or simply want to find out about a certain event or odds offered they can be reached around the clock via a number of mediums. We tried each contact method and found them all to be satisfactory.
Phone: 1800 013 627 (Toll free from Australia)
Live Chat: Via website
Centrebet is a Verisign Secure website, which means deposits and withdrawals are secure. This is ensured by the use of Secure Sockets Layer encryption which is the same security as most big banks use. The fact that Centrebet is owned by William Hill means the strictest security measures will be used.