Australia — Side-by-Side Comparison
Bet365 vs Sportsbet Australia 2026
Independently reviewed and updated 2026. We compare bonus offers, odds quality, withdrawal speed, payment methods and mobile apps so you don't have to.
In Australia, both operators are licensed by the Australian Communications and Media Authority (ACMA). Sports betting has been regulated since 2001, with a minimum age of 18+. Winnings are tax-free for bettors — Gambling winnings are not subject to income tax in Australia for recreational bettors. The ATO considers gambling winnings a windfall, not income. Operators pay Point of Consumption Tax (15–20% depending on state). The standard odds format in Australia is decimal. Decimal odds are the exclusive format in Australia. Fractional and American odds are not used. Odds are typically displayed as e.g. $2.20 (with the dollar sign), representing the return on a $1 stake including the stake.
Full Comparison Table
| Feature | Bet365 | Sportsbet |
|---|---|---|
| Rating | 4.8/5 | 4.3/5 |
| Welcome Bonus | Up to $30 in Bet Credits | Bet $10, Get $30 in Bonus Bets |
| 18+ · Offer subject to T&Cs · Gambling involves risk | Deposit $10+ and place a qualifying bet. If that bet settles, you receive up to $30 in Bet Credits. Bet Credits are not withdrawable. Full terms and country-specific amounts apply. | New Australian customers only. Place your first bet of $10+ and receive $30 in bonus bets if it loses. Bonus bets valid 30 days. Terms and conditions apply. |
| Withdrawal Time | 1–5 business days | Same day to 2 business days |
| Min. Deposit | 10 USD | 10 AUD |
| Live Streaming | ✓ Yes | ✗ No |
| Cash Out | ✓ Yes | ✓ Yes |
| Payment Methods | Visa, Mastercard, PayPal, Skrill | Visa, Mastercard, POLi, PayID |
Bet365 — Pros & Cons
Pros
- World's largest online sports betting operator
- Industry-leading live streaming on 100,000+ events/year
- Excellent odds and deep markets on every major sport
- Best-in-class in-play betting interface
- Reliable, fast withdrawals to all major payment methods
Cons
- Accounts of consistent winners can be limited
- Customer support wait times can be long during peak periods
Sportsbet — Pros & Cons
Pros
- Australia's largest online betting brand
- Unmatched AFL, NRL and cricket coverage
- Multi Bets, Same Race Multis, and price boosts
- Entertaining, irreverent brand Australians love
- Fast Poli, PayID and bank transfer withdrawals
Cons
- Limited to Australian customers only
- Some product features unavailable in all states
Frequently Asked Questions
- Which is better, Bet365 or Sportsbet in Australia?
- Bet365 scores higher in our independent audit (4.8/5 vs 4.3/5). The main differences are in withdrawal speed and bonus value — see the full comparison above.
- Which offers the better welcome bonus?
- Bet365: Up to $30 in Bet Credits. Sportsbet: Bet $10, Get $30 in Bonus Bets. Always read the full terms and conditions before claiming any bonus.
- How long does withdrawal take at Bet365 vs Sportsbet?
- Bet365 processes withdrawals in 1–5 business days. Sportsbet processes withdrawals in Same day to 2 business days. Exact times depend on the payment method selected.
- Can I have accounts at both Bet365 and Sportsbet?
- Yes. There is no rule preventing you from holding accounts at multiple licensed bookmakers in Australia. Many experienced bettors use two or more to compare odds on the same match.