Last updated on March 10, 2024  

Webet Review

If you are looking for a reliable and trustworthy betting site in Australia, you might want to check out WeBet. WeBet claims to be one of the leading sports betting platforms in the country. They offer a wide range of markets, competitive odds, and generous promotions.

I’ll share my personal experience with WeBet and touch on its features, benefits, and drawbacks. You’ll also get some tips on how to make the most out of your money with WeBet.

What I like about WeBet

WeBet has myriad features that I like, here’s the things that are most appreciated:

  • You’ll get access to a wide range of sports and events to bet on. You’ll get cricket and rugby to horse racing and soccer.
  • There’s a user-friendly interface that makes it easy to navigate and place bets.
  • From time to time you’ll get generous bonuses and promotions for new and existing customers. This could include free bets, cashback, and loyalty rewards
  • You’ll get access to a responsive and helpful customer service team that is available 24/7 via phone, email, or live chat.

If you’re looking for a a fun and safe betting experience, WeBet could be a great choice.

Things I don’t like so much

Yes, there are some great aspects to WeBet, but it’s not perfect. There’s definitely some aspects that I think could be improved on. Here are some of the drawbacks that I’ve found::

  • It has a higher than normal minimum deposit requirement of $20. If you’re a casual bettor, it might be too much.
  • Webet doesn’t offer live streaming of any events and you’ll be unable to watch the action as it unfolds.
  • You’ll cop a fee of 2.5% for withdrawals, which can add up if I make frequent cash outs.
  • I had to submit ID, proof of address, and bank statements, before I could withdraw my winnings.
  • The site is clunky. There’s too much going on and it feels like the server is hosted overseas.

Not deal breakers, but they might deter someone from joining or staying with this platform long-term.

How to fund your WeBetwallet

WeBet has many ways to fund your account, lets take a look at the mains ways and the processing time.

Method Min. Deposit Max. Deposit Processing Time
Credit Card $10 $5,000 Instant
Debit Card $10 $5,000 Instant
PayPal $20 $12,500 Instant
POLi $20 $2,500 Instant
Bank Transfer $100 $100,000 1-3 Business Days

To fund your WeBet wallet, you need to follow these simple steps:

  1. Log in to your WeBet account and click on the “Deposit” button on the top right corner of the screen.
  2. Choose your preferred method from the list and enter the amount you want to deposit.
  3. Fill in the required details, such as your card number, expiry date, CVV code, or your PayPal or Osko account information.
  4. Confirm your transaction and wait for the confirmation message.
  5. Place a bet!

How does WeBet compare?

How does it stack up against its competitors? Let’s have a deep dive into the main features and benefits of each site.

Site Odds Sports and Markets Customer Service Payment Options
WeBet Average High Good Credit card, PayPal, bank transfer
Bet365 High High Excellent Credit card, PayPal, Skrill, Neteller
Sportsbet Average Medium Good Credit card, PayPal, POLi
Ladbrokes Low Low Fair Credit card, PayPal, BPAY

It doesn’t have the best odds in the market, and its payment options are somewhat limited compared to Bet365. WeBet also has good customer service, but not as excellent as Bet365.

You’ll get a solid choice for online betting in Australia, but it may not be the best option for everyone. If you are looking for higher odds, more payment options or better customer service, you may want to consider other sites instead.

How I got started with WeBet

I’m a gambling man. I have never found a site that suited ALL my needs. That’s why I decided to give WeBet a try. They had a weird site but offered a wide range of markets and generous bonuses.

I signed up in minutes and made my first deposit using my debit card. I never use my credit card as I don’t want to pay the cash advance interest rate. I placed a bet on the AFL, the Swannies vs the Pies. It was simple and easy. The odds were ok but better than what my colleague was getting on Picklebet.

What sports can you bet on at WeBet?

Whether you are a fan of cricket, rugby, soccer, tennis, basketball, or any other sport, you can find plenty of options to place your bets on at WeBet. A quick snapshot:

  • AFL
  • NRL
  • A-League
  • Super Rugby
  • Big Bash League
  • The Ashes
  • Australian Open
  • NBA
  • NFL
  • EPL
  • Champions League
  • UFC
  • Boxing
  • Horse Racing
  • Greyhound Racing

You’ll also get access to some niche sports markets, such as darts, snooker, cycling, and esports. If you want to bet on politics, entertainment or other special events, you can at WeBet.

What security measures does Webet use?

Webet is licensed and regulated in NSW, Australia. Webet also has a strict privacy policy that outlines how it collects, uses and discloses the data it gathers from its users. Webet employs:

  • SSL certificates that ensure a secure connection between the browser and the server
  • Firewall and anti-virus software that prevent unauthorized access and malware attacks
  • Secure payment methods that comply with industry standards and regulations
  • Verification procedures that verify the identity and age of the customers

Most importantly it promotes responsible gambling tools that allow you to set limits, self-exclude or seek help if needed.

Bottom Line

WeBet is a very user-friendly betting site that offers a wide range of sports and markets to choose from. You’ll get live betting, cash out, and enhanced odds on your favourite events. You should weigh the pros and cons before signing up with WeBet.

Disclaimer: Remember that gambling is a risky activity that can lead to addiction and financial problems. You should only gamble with money you can afford to lose and seek help if you have any signs of gambling disorder.

John Power
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