MidasBet Sportsbook Review

MidasBet is a dynamic and exciting new Australian sportsbook that launched in 2022. Known for offering competitive odds on a variety of sports and thoroughbred racing, MidasBet has quickly gained attention for its user-friendly website and daily promotions for loyal customers. This review will cover MidasBet’s betting markets, available bonuses, payment methods, mobile compatibility, and overall player experience.

Key Highlights

Sports & Racing Markets

MidasBet provides an extensive range of sports and racing markets. While their focus is on thoroughbred racing, they also offer odds on a wide variety of sports, including AFL, rugby, tennis, and more. Whether you’re a racing fan or a sports bettor, MidasBet offers something for everyone.

Sports Markets

• AFL

• Soccer

• Tennis

• Rugby (League & Union)

• Basketball

• Cricket

• Ice Hockey

• Baseball

• Boxing

• Golf

Racing Markets

• Horse Racing

• Greyhounds

• Harness Racing

Bet Types

MidasBet offers a wide selection of bet types, particularly for racing. Whether you’re a seasoned bettor or just starting out, there’s a bet type for every preference.

Sports Bet Types

• H2H (Head-to-Head)

• Individual Player Markets (e.g., 1+ goals, 30+ disposals)

• Multi (multiple selections across different events)

• Winning Margins

Racing Bet Types

• Win: Bet on a horse to win the race.

• Place: Bet on a horse to finish in the top three.

• Quinella: Bet on the first and second place horses, in any order.

• Exacta: Bet on the first and second place horses, in exact order.

• Trifecta: Bet on the top three finishers.

• First Four: Bet on the top four finishers.

• Quaddie: Bet on the winner in four consecutive races.

Bonuses & Promotions

MidasBet doesn’t offer a traditional welcome bonus due to Australian gambling regulations, but they keep things exciting with daily promotions for registered customers. These promotions are updated regularly and can be found by logging into your account or through email notifications.

Ongoing Promotions

• Daily Racing Promotions

• Enhanced Odds on Races

• Loyalty Promotions

Payment Methods

Security & Licensing

MidasBet is fully licensed and regulated by the Northern Territory Government, ensuring that it adheres to strict fair play and security regulations. The site uses SSL encryption technology to protect player data and provides a safe and secure gambling environment.

Pros & Cons

Pros ✅

• Australian owned and operated

• Excellent focus on thoroughbred racing

• Competitive odds across sports and races

• Daily promotions for loyal customers

• Mobile-optimized website

Cons ❌

• No mobile app available for iOS or Android

• No live streaming services

Final Verdict

MidasBet is an exciting new Australian sportsbook that offers competitive odds, a great selection of racing markets, and regular promotions for loyal customers. While the lack of a dedicated mobile app and live streaming services are drawbacks, the site’s mobile-optimized design and focus on Australian horse racing make it a strong choice for bettors looking for a new platform to try. If you’re passionate about thoroughbred racing and want a reliable sportsbook with daily offers, MidasBet is definitely worth considering.

Frequently Asked Questions (FAQs)