Punt123 Review

This Punt123 review covers licensing, reputation, security, payment options, betting odds and coverage, promotions and customer support.

Background, Licensing & Reputation

• • Well-known Victorian bookmaker Michael Harrak complemented his rails business in 2022 with the launch of Punt123

  • Holds a bookmaking registration with the Victorian Gambling and Casino Control Commission (VGCCC).

  • Internet Class Member of the Victorian Bookmakers’ Association Limited (VBA).

  • Hold a club bookmakers’ license as approved by Racing Victoria Limited (Club Bookmakers’ License). 

  • Sit on the BetMakers platform

  • Punt123 are 100% committed to Responsible Gambling. For free and confidential gambling support call 1800 858 858 or visit Gambling Help Online.

Creating a Punt123 account is easy!

1. Click on one of the Punt123 banners on this review page
2. Enter your basic details and create a password
3. Add funds to your account and start playing!

Security

• Regulated: Punt123 hold gaming licenses from top-tier regulatory authorities, ensuring that they adhere to strict cybersecurity safety standards.
• Secure Payments: Utilizes SSL encryption to protect users’ data and transactions.
• The Punt123 betting app can be downloaded securely via several sources including the App Store and the Google Play store.

Payment Options

• Punt123 supports a number of payment methods for both deposits and withdrawals, including debit cards, Apple Pay, PayPal, and PayID
• To deposit, simply sign up or log in to your account, select your preferred deposit method and follow the instructions to complete the process.
• The minimum deposit is $5, and the minimum withdrawal is $10, providing flexibility for users.
• Payouts and withdrawals are typically processed instantly (depending on method).

Betting Options & Market Coverage

• Punt123 offer a comprehensive range of betting markets, including all major races from across the globe, and sports such as AFL, NRL, NBA, tennis, and soccer.

• The Horse Racing betting coverage is comprehensive as you’d expect from an Australian bookmaker, with markets available from tracks including Australia, New Zealand, Hong Kong, South Africa, UK, France and more.

• The betting options within each sport are extensive and Punt123 continue to expand their offering.

Betting Odds

• Punt123 odds are very competitive compared with other top betting sites and betting markets for Saturday’s racing fixed odds are usually on site from Thursday lunchtime.

Bonuses, Promotions & Extra Content

• Details of promotions and bonuses are available within the Punt123 site.

• Check the app for all the latest promotions and for more information.

• Detailed terms and conditions for all betting promotions are available on site. PAB recommend reading these before depositing funds so that you understand what is required to redeem any bonus.

Mobile Compatibility

• The Punt123 App is available via the Apple Store and Google Play Store.

• The App download process is extremely fast and simple and you’ll be enjoying betting with Punt123 in no time.

Customer Support

• Punt123 provide excellent customer service through:

  • Live Chat: support available via live chat for quick issue resolution.

  • Email Support: Contact support via email for more detailed inquiries (support@punt123.com.au)

Summary

• Does what it says on the tin. Will take a stand and be best price on some racing but ultimately a solid experience

• Hamstrung in part by the BetMakers platform and technology they can struggle to stand out in an already crowded market