Betmax Review

Betmax launched in 2024 and is an extremely well put together bookmaker and one of the best on offer in Australia to date.

Betmax offers in-depth racing analysis including statistics you will struggle to find with any other bookmakers such as information about a horse's past 20 runs. Betmax also offers other unique stats that are helpful for punters trying to find winners.

The customer service is friendly, fast, and 24/7. Withdrawals are processed twice a day, including weekends, so you never have to wait long for your funds to arrive.

The Betmax app is excellent and seamless. It is fast, easy to use and is glitch-free. There are plenty of resources and links on the app and website for everything you need. Withdrawals can be easily cancelled if they haven’t been processed if you change your mind.

Betmax also has a strong social media presence, something that most bookmakers don't offer. This includes consistent activity on their Instagram and Facebook pages posting regular tips, pointers, and advice for punters, analysis, and other handy information you might need to know. Given the popularity of social media sites like Facebook & Instagram, it is good to see Betmax go above and beyond just offering the basics of being a bookmaker. The extension to social media seems to be a move aiming to help the punter's best interests and it's good to see all their content isn’t just driven into trying to make people bet more.

Betmax offers solid promotions including bet returns on races and they reward loyal punters with offers. Betmax do Same Race Multis as well as Same Game Multis.

Another big positive of Betmax is that they have an AFL and NRL futures market where you can select teams to win the Premiership, miss the Top 8, and to make the Grand Final. This is a market that isn’t available with many bookmakers across Australia.

Betmax doesn’t do live streaming which is a bit of a shame but their one major flaw is their odds. They are absolutely dreadful and possibly the lowest on offer in Australia! Some examples saw discrepancies of paying around two-thirds the odds of other bookies, even on short-priced favourites, which isn’t acceptable.

Betmax certainly sets the bar in terms of bookmakers in most avenues, it's just a shame about their odds which restricts them from a potential 5 stars. Betmax finished up with a rating of 4/5 stars.

The Betmax app is easy to use, fast, and reliable. It is glitch-free and straight-forward. The colour scheme is simple and makes it easy to read. Overall it is very user-friendly.

Promotions and offers from Betmax are very good. Expect loyalty to be rewarded and regular unique offers including money back for 2nd promotions.

Withdrawals are processed twice daily at midday and 4 pm. These withdrawals are Monday-Sunday so you can expect your funds to arrive in decent time. Weekends are included.

There is an excellent range of local and international racing markets available and some of the best on offer from any bookmakers in Australia. The sports selection is also solid with around 14-15 different sports available at any given time.

The racing analysis on offer by Betmax is some of the best in Australia. Not only do they cover comments about form but there are some exceptional stats on offer such as first, second, third, and fourth up records, gear changes, if blinkers are on, and so on. What is also extremely impressive is the offering of stats on a horse’s past 20 recent runs. This includes what the horse came, the date, distance, odds, track, barrier, track conditions, class, jockey, weight, and who won the race.

Having this kind of data for a whopping previous 20 runs is very unique to see. On top of this, Betmax provides accurate speed-maps and market flucs are available.

Extensive tips are offered via their social media including best bets, Same Race Multis, sports multis, max bets, max multis, and so on. It is rare but great to see a bookmaker utilise social media to offer tips and other handy information to punters via sites like Instagram and Facebook.

There is no live betting on Betmax but they do offer live streaming.

The racing odds Betmax provides are awful. There is no way to sugarcoat it. They are dreadful. 19 times out of 20 you will be paying worse odds via Betmax than almost anywhere else. One example is this race below at Wyong. Odds have been compared to Sportsbet who is a major bookmaker and VikingBet, a smaller bookmaker who has some of the worst odds on offer in Australia.

As you can see above, by using one race as an example, Betmax is paying almost one-third less than Sportsbet for the main 2 hopes in the market. They do not offer any fixed odds prices at all that are better than Sportsbet to compensate in that same race.

Another example below is a different race in the same meeting.

There are 3 deposit options at Betmax - Debit Card/Apple Pay, PAYID and Bank Transfer.

Betmax's live chat is available 24/7.