Punt123 logo – A local Australian bookmaker with a racing focus.

Punt123 Review – An Aussie-Owned Bookmaker Focused on Racing

⭐⭐⭐

Aussie Bookmaker

Punt123 Review

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.

Licensing and Compliance

  • License: Victorian Gambling and Casino Control Commission.

  • Compliance: Adheres to Australian responsible gambling standards

  • Platform: Powered by BetMakers technology

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 2-star rating – limited deposit and withdrawal flexibility, missing key payment providers.
Payment Methods
Puntfinder 2-star rating – occasional promotions, but lacks variety or frequency.
Promotions
Puntfinder 3-star rating – an average sportsbook with good betting markets but missing premium features.
Puntfinder Score

Punt123 Key Features

  • 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.

Strengths

  • 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.

Weaknesses

  • 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.

Punt123 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, 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

Available Sports & Markets on Punt123

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

Responsible Gambling

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 App and Website Functionality

  • 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.

Punt123 Australian betting platform with a clean interface and wide-ranging sports markets.

Punt123 Mobile App

  • 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.

Payment Options on Punt123

  • 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 Customer Support

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.

Punt123 Quick Facts

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 

Conclusion

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.