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- Protest Payout
- Lightning Boost
- Osko Withdrawals
- Responsible Gambling
- No Live Streaming
- No Live Betting
- No Phone Number
- No Promotions
One of the newer bookies to hit the Australian betting landscape is LightningBet. They haven’t been in the business too long, but a quick look at their website confirms that are a bookmaker that should be looked at and new customers are encouraged to sign up.
Down below is a comprehensive review of LightningBet and what they do well, what they can do better and why punters are gravitating towards them.
Why Are LightningBet Popular?
First past the post payout as well as protest payout, paying out on both as winners, is a big tick for LightningBet. Whilst terms and conditions do apply, a new website having this as a product is a definite positive and something that will entice new customers.
Some of the new bookies haven’t got Same Race Multis available for punters, a betting option which is very popular. Thankfully with LightningBet, it’s available for most racing. There are no promotions to go with it, but having it available is enticing enough.
The Deposit/Withdrawal methods are on the thin side, but the big tick for their Withdrawals is that they have Osko, so when withdrawing, you’ll get your money straight away, which is just about market leader in terms of waiting time for withdrawals.
Why We Like LightningBet
Having a ‘Lightning Boost’ as a promotion for customers is certainly appealing. It is available on all domestic racing in Australia across on all three codes, giving punters better odds on their selection. This is something that is available with most bookies, not all, so it’s a positive that a relatively new bookmaker has it at the ready. It’s also available for exotic betting and multi betting.
Whilst they are a new bookmaker, having a section of the website dedicated to responsible gambling is a big, big tick. Some bookies seem just hellbent and keen on enticing punters and not caring about them as people, but with LightningBet, they have plenty on their website to help punters realise what they are doing when betting.
They cover all the race meetings that the TAB covers, whether it be domestic or international. Some other new bookies do cover more international meetings, but without live streaming, there is no real point, whereas with covering all TAB meetings, they can be seen online, so betting with LightningBet is a tick in that regard.
Why We Don’t Like LightningBet
Live streaming is an important part of betting websites and unfortunately QuestBet doesn’t have live streaming of racing and sports. Towards the end of the calendar year, the focus is mainly on sport more so than racing, so no live streaming of sport would be a turn off for punters who could bet and stream elsewhere.
Promotions…non existent…what’s doing? At a time when promotion/bonus is king, having zero available is quite staggering and getting new customers would seem a real struggle, even allowing for the ultra competitive markets. Hopefully that changes in the not too distant future.
There is no live betting available. That is disappointing given live betting, especially with NRL/AFL, is very popular with punters, so not having that available is something that you’d like to think will be changed once their business improves.
6 Reasons To Bet With LightningBet
1. Osko Withdrawals
The Deposit/Withdrawal methods are on the thin side, but the big tick for their Withdrawals is that they have Osko, so when withdrawing, you’ll get your money straight away, which is just about market leader in terms of waiting time for withdrawals.
2. TAB Meetings
They cover all the race meetings that the TAB covers, whether it be domestic or international. Some other new bookies do cover more international meetings, but without live streaming, there is no real point, whereas with covering all TAB meetings, they can be seen online, so betting with LightningBet is a tick in that regard.
3. Responsible Gambling
Whilst they are a new bookmaker, having a section of the website dedicated to responsible gambling is a big, big tick. Some bookies seem just hellbent and keen on enticing punters and not caring about them as people, but with LightningBet, they have plenty on their website to help punters realise what they are doing when betting.
4. Fast Website
It’s a very fast website, which is a big tick for punters. They don’t want to miss out on a race or sporting event due to a slow website or app. Thankfully with LightningBet, their website is one of the quickest in terms of the new bookies, which is a big positive for them and a reason to sign up.
5. Protest Payout
First past the post payout as well as protest payout, paying out on both as winners, is a big tick for LightningBet. Whilst terms and conditions do apply, a new website having this as a product is a definite positive and something that will entice new customers.
6. Lightning Boost
Having a ‘Lightning Boost’ as a promotion for customers is certainly appealing. It is available on all domestic racing in Australia across on all three codes, giving punters better odds on their selection. This is something that is available with most bookies, not all, so it’s a positive that a relatively new bookmaker has it at the ready. It’s also available for exotic betting and multi betting.
How can i bet with LightningBet?
Betting with LightningBet is fast and simple to do. Simply register at LightningBet, make a deposit and you can be start betting. View our full list of Australia's Best Betting Sites here.
Should i bet with LightningBet?
LightningBet is one of the leading online bookmakers in Australia and we highly recommend them for all horse racing and sports betting. Their desktop site and mobile app make it simple to place a bet on any race or sporting event. View our full LightningBet review here.
Do LightningBet offer a sign-up bonus?
No. LightningBet do not offer new customers a sign-up bonus. New legislation prevents bookmakers giving new customers incentives but that does not mean you should not bet with LightningBet.
LightningBet Information
| Website: | LightningBet |
|---|---|
| Rating: | 79/100 |
| Transaction fees: | None |
| Deposit Options: | Debit Card, POLI |
| Withdrawal Options: | Bank Transfer |
| Minimum deposit: | $10 |
| Minimum withdrawal: | $20 |
| Minimum bet: | $0.50 |
| Odds format: | Decimal |
| Languages: | English |
| Currency: | AUD |
| Deposit turnover: | 100% |
| Support: | Live Chat, Email |
