MidasBet logo – A racing-focused Australian bookmaker

MidasBet Review – Competitive Racing Odds

⭐⭐⭐

Premium Bookmaker

MidasBet Review

MidasBet Review: MidasBet is a refreshing addition to the Australian sports betting space, launching in July 2022 they offer a strong focus on racing markets and competitive odds for thoroughbred, greyhound, and harness racing. With an Australian-owned background and a slick website design, MidasBet is gaining traction among racing enthusiasts.

Licensing and Compliance

  • License: Liquor & Gaming NSW

  • Established: 2022

  • Platform: Generation Web

  • Headquarters: Sydney, NSW

  • Compliance: Fully adheres to Australian gambling laws, including the Interactive Gambling Act 2001

Puntfinder 3-star rating – solid range of mainstream sports but missing depth in alternative markets.
Market Variety
Puntfinder 3-star rating – functional app with occasional performance issues.
App Functionality
Puntfinder 4-star rating – multiple deposit and withdrawal options, including e-wallets and quick processing times.
Payment Methods
Puntfinder 3-star rating – decent promotions with a mix of event-based offers and limited ongoing deals.
Promotions
Puntfinder 3-star rating – an average sportsbook with good betting markets but missing premium features.
Puntfinder Score

MidasBet Key Features

  • Competitive Fixed Odds – Strong pricing for sports and racing events.

  • Blended Betting & Protest Payouts – Unique betting options for more flexibility.

  • Same Game & Same Race Multis – Combine multiple bets in a single event.

  • User-Friendly Website & AppGame-inspired graphics for an engaging experience.

  • Fast Account Setup – Quick and easy sign-up and verification process.

  • Responsive Customer Support – Available via live chat and email.

Strengths

  • Australian-owned and operated bookmaker.

  • Competitive racing odds with daily promotions.

  • User-friendly mobile site with fast load times.

  • Strong customer support with 24/7 live chat.

Weaknesses

  • No dedicated mobile app.

  • Limited sports market coverage.

  • No live streaming services available.

MidasBet Bonuses and Promotions

Due to strict Australian gambling regulations, sign-up bonuses and promotional inducements to open a new account are not permitted. As a result, MidasBet does not offer any sign-up incentives. However, existing customers may have access to other promotions and features in line with regulatory guidelines. We encourage responsible gambling—always check the bookmaker’s website for the latest offers and terms.

Available Sports & Markets on MidasBet

MidasBet provides comprehensive racing and sports betting coverage.

  • Horse Racing (Thoroughbred, Harness, Greyhounds)

  • Australian Rules (AFL)

  • Rugby League (NRL)

  • Rugby Union

  • Basketball (NBA, NBL, International)

  • Soccer

  • Tennis

  • Cricket

  • Baseball

  • Boxing

  • Golf

  • Gridiron (NFL)

  • Ice Hockey (NHL, International)

  • Netball

  • Snooker

  • Volleyball

Responsible Gambling

MidasBet is committed to responsible gambling, offering various tools to help punters stay in control:

  • Deposit limits to manage betting activity.

  • Self-exclusion options for punters needing a break.

  • Reality check notifications to track betting habits.

WHAT ARE YOU REALLY GAMBLING WITH? For free and confidential support, call 1800 858 858 or visit gamblinghelponline.org.au.

MidasBet App and Website Functionality

  • MidasBet’s website is designed for quick access to racing and sports markets.

  • Three-panel layout provides efficient navigation.

  • Pending bets and bet slip are easily accessible on desktop and mobile.

  • No advanced tracking tools or form guides for sports markets.

MidasBet Australia sportsbook homepage showcasing an elegant design and premium racing markets.

MidasBet Mobile App

  • Platform Availability: Available on iOS & Android, providing accessibility for mobile punters.

  • Performance: The app offers fast performance, a sleek interface, and secure bet placement.

Payment Options on MidasBet

  • Deposits: Visa, Mastercard, POLi, BPAY, Bank Transfer.

  • Withdrawals: Visa, Mastercard, Bank Transfer (2-3 business days processing time).

  • Minimum Deposit: $10.

  • Minimum Withdrawal: $20.

  • No PayPal, Skrill, Neteller, or instant withdrawal options available.

MidasBet Customer Support

MidasBet provides customer support through multiple contact methods:

  • Live Chat: Available 24/7.

  • Email Support: [email protected]

  • No phone support currently available.

MidasBet Quick Facts

Category

Details

Live Betting Number

Not available

License & Regulation

Liquor & Gaming NSW

Sponsorship Deals

None confirmed

Headquarters

Sydney

Deposit Methods 

Visa, Mastercard, POLi, BPAY, Bank Transfer

Withdrawal Methods 

Visa, Mastercard, Bank Transfer

App Availability 

Available on iOS & Android

Odds Providers 

Generation Web

Owner

MidasBet Pty Ltd

Support/Contact Info 

Conclusion

MidasBet is a solid choice for racing enthusiasts, offering competitive tote odds. While it lacks a mobile app and live streaming, its fast website and strong customer service make it a promising alternative for Australian punters looking for a fresh betting platform.