BetMakers is Australia’s leading racing-focused sportsbook provider, powering some of...Read More
This Punt123 review dives into an Australian-owned and operated bookmaker, established in 2022 and built on the BetMakers platform. With over 15 years of experience as an on-course bookmaker, Punt123 has transitioned online, providing sports and racing markets to Australian punters. While their expertise lies in racing, their online platform presents both strengths and areas for improvement.
License: Victorian Gambling and Casino Control Commission.
Compliance: Adheres to Australian responsible gambling standards
Platform: Powered by BetMakers technology
Australian-owned with 15+ years of bookmaking experience.
Strong racing coverage, including domestic and international markets.
Live streaming of select racing events via PuntTV.
Simple website design with easy navigation.
Extensive experience in Australian bookmaking.
Strong racing markets, including futures betting for major events.
Competitive odds on select racing markets.
Live streaming through PuntTV for select races.
Limited sports betting options compared to competitors.
Poor odds for certain sports and events.
Subpar customer service with slow response times.
Limited payment options for deposits and withdrawals.
Lack of innovative features compared to larger bookmakers.
Due to strict Australian gambling regulations, sign-up bonuses and promotional inducements to open a new account are not permitted. As a result, Punt123 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
Punt123 offers strong racing markets and modest sports coverage.
Horse Racing (Thoroughbred, Greyhound, Harness Racing)
Australian Rules (AFL)
Rugby League (NRL)
Rugby Union
Basketball (NBA, NBL, International)
Soccer
Cricket
Tennis
Golf
Darts
Ice Hockey (NHL, International)
Motor Sports
Volleyball
Snooker
Punt123 is committed to responsible gambling, offering tools to help punters stay in control:
Deposit and time limits for spending management.
Self-exclusion options for punters needing a break.
Reality check notifications to track betting activity.
WHAT ARE YOU REALLY GAMBLING WITH? For free and confidential support, call 1800 858 858 or visit gamblinghelponline.org.au.
Punt123’s website is simple, fast, and easy to navigate.
Three-panel layout provides quick access to sports and racing markets.
Live streaming via PuntTV, enhancing the racing experience.
No advanced analytics or tracking tools for sports betting.
Platform Availability: Available on iOS & Android.
Performance: Fast, efficient, and optimised for racing and sports betting.
User Experience: Clean, intuitive interface with easy navigation.
In-App Features: Includes Same Race Multi, quick bet placement, real-time odds updates, and secure account management.
Deposits: Visa, Mastercard, POLi.
Withdrawals: Bank Transfer (minimum $20 withdrawal).
Processing Time: Withdrawals processed within 1-3 business days.
No e-wallets (PayPal, Skrill, Neteller) or instant withdrawal options.
Punt123 provides customer service via live chat and email, but response times could be improved.
Live Chat: Available via the Punt123 website.
Email Support: [email protected]
Support Hours: Limited, with slower response times reported.
Category
Details
Live Betting Number
Not available
License & Regulation
Victorian Gambling and Casino Control Commission (VGCCC)
Sponsorship Deals
None confirmed
Headquarters
Melbourne
Deposit Methods
Visa, Mastercard, POLi
Withdrawal Methods
Bank Transfer
App Availability
Available on iOS & Android
Odds Providers
BetMakers
Owner
Lets Bet Pty Ltd
Support/Contact Info
Live Chat: Available via the Punt123 website.
Email Support: [email protected]
Punt123 offers a solid racing product backed by years of experience in the industry. However, its limited sports markets, subpar odds for certain events, and slow customer service hold it back from competing with larger bookmakers. While suitable for racing enthusiasts, punters looking for a comprehensive sports betting experience may find better options elsewhere.
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WHAT ARE YOU REALLY GAMBLING WITH?
BetStop - National Self-Exclusion Register: www.betstop.gov.au.