Lets Bet Review

Lets Bet is a new corporate (yet boutique) bookmaker that launched in August 2023, and unlike most corporate bookies (Ladbrokes, Sportsbet etc) they are 100% Australian owned. And, like a good Aussie brand -

Lets Bet deliver on what's important to Aussie punters, with nearly unbeatable odds.

With a strong focus on Aussie sports and Aussie racing markets, friendly customer support and fast withdrawals - Lets Bet is definitely a brand to add to your repertoire.

Unlike many of the other corporates, the Lets Bet website is nothing fancy and does not have the flash features that enhance the betting experience such as speed maps, live streaming or tips (although they do have the form guide). Although we definitely enjoy these features, they're generally easily available elsewhere, but it's hard to come across a bookie with such solid sporting odds and racing products.

Lets Bet sports book also isn't the most extensive available, but they do offer all the popular sports watched in the country.

Lets Bet offer markets on AFL, NRL, Soccer, Basketball, Darts, Golf, Tennis and more.

Why we like Lets Bet ✅

• Lets Bet offer Top Fluc or Best Tote + SP on every Aussie horse race.
• Lets Bet have some of the highest same game multi odds available
• Lets Bet process withdrawals several times a day during business hours.

Why we don't like Lets Bet ❌

• Lets Bet doesn't have a huge sports book, and is missing obscure sports/leagues
• Lets Bet does not provide live streaming

• Betting on Sports with Lets Bet
• Betting on Racing with Lets Bet
• Lets Bet Withdrawal Times and Methods
• Contacting Lets Bet

Depending on what you are betting on, but for a lot of punters, Lets Bet will have something that tickles your fancy. Lets Bet has far from the most impressive sports book in the world, but it does have a solid amount of 13+ sports including:

• AFL
• NRL
• Cricket
• Soccer
• Tennis
• Baseball
• Gridiron
• Ice Hockey
• Basketball
• Boxing
• Golf
• Motor Racing
• Rugby Union

What sports markets do they offer?

While Lets Bet covers a decent amount of sporting leagues across the world in Soccer and Basketball - a lot of their markets are only for head to head betting, line or for future outright winners.

More popular sports including AFL, NRL, NFL and some Cricket matches provide same game multis with more betting options, including:

• Handicap
• Margins
• Disposals
• Goals/Tries/Touchdowns
• Quarter/Half Markets
• First to markets
• And plenty more.

What's so good about their same game multi?

While their same game multi markets are nothing more than you'd get from Bet365 - where Lets Bet stands out is with their same game multi odds. Standard same game multi odds add up behind the scenes, and will differ depending on the favourable or non-favourable outcomes you select on a game (e.g. Brisbane to win, and Charlie Cameron to kick 2 goals would be a favourable outcome and your odds will decrease for most betting sites).

However, Lets Bet uses a standard multiplier for their same game multis. So, whatever bet you have come up with is not going to suffer if you select favourable outcomes. On the flip side, it is also not going to get big odds for non-favourable outcomes - but the bookies are always more stingy for decreasing your odds, rather than ballooning them.

It is worth mentioning however, Lets Bet do have a maximum payout of $10k for sports and racing. So, keep your limit at that if you're going for a lottery type multi.

The image below is the exact same bet for Lets Bet, compared to Sportsbet.

Yes. There is no doubt, Lets Bet is a very solid option for punting on the races. Firstly, Lets Bet offer all Aussie racing, and quite a few international meets in countries including Japan, South Africa, YSA, UK, Ireland, England, Canada and more. Let Bet also provide exotic racing markets including quinella, exacta, trifecta, first four and same race multi.

But, most importantly are the tote features that Lets Bet offer, and the fact that they offer them on every Australian horse race.

Best Tote + SP is available on every Aussie horse race. Best Tote + SP is where the punter is guaranteed the highest dividend declared by the three national totes, or the official starting price (whichever is higher).

Top Fluc is also available on all Australian gallops, and it guarantees the punter the best price fluctuation for their runner during the official betting of the race. It has to be placed prior to the betting ring opening, and is usually superior to Best Tote + SP.

Best of the Best is available only on some races with Lets Bet, including all Saturday metro races in Melbourne and Sydney. It is a combination of Top Fluc and Best Tote + SP, and will take whatever price is better, hence the name. If you come across it, bet on it.

Most betting agencies that offer tote betting, usually offer the middle tote, or some offer the top tote for each horse race. Regardless, most only occasionally give the option for Top Fluc, Best Tote + SP etc. The fact that Lets Bet gives it to you on every race, makes them a fantastic option for punters betting on the ponies.

Lets Bet do have a dividend limit of $151 for any tote or tote derivative win or place bet. Although, this is pretty unlikely a horse will ever get to that amount and win.

Lets Bet only offer withdrawal by Bank Transfer at this stage. However, they are very hot on the withdrawals and do them several times a day, during business hours only.

Our first withdrawal was in the account the next day, but we didn't request it until after their regular office hours.

Deposit Methods

Lets Bet only allows a few ways to deposit funds into your account, and that is by either bank transfer, or by using a credit/debit card.

For bank transfer it can take a few days to get into your account, so we prefer credit/debit cards, which will upload the funds instantly.