6 Best Odds Guaranteed Betting Sites 2026 in Australia

Bet365 is the only Australian licensed bookmaker to offer true Best Odds Guaranteed on both UK and Irish racing. For each race that airs on the platform, if the starting price is higher than the early price for that race, Bet365 will pay out at the starting price for that race. This offer is applicable to win bets, each way bets, and qualifying multis. Also, there is no cap on the amount of money that will be paid out to punters on winning bets; unlike other bookmakers that only offer capped returns for Best Odds Guaranteed bets. This offer is of significant benefit to Australian punters who follow the racing calendars of the UK and Irish.

The 365 Top Tote+ product pays the higher of the tote dividends for New South Wales or Victoria racing, plus a percentage premium on win bets. Thus, punters will receive the better tote dividend for their state races, as well as an additional percentage return on their bets. This product is set to settle automatically after the race.

Bet365 offers some of the best (lowest) margins on win bets in Australian racing of any licensed bookmakers on the market. Bet365 also offers the best selection of international races that is available from any bookmaker. Fixed odds and live streaming options are available on both UK, Irish, French, Japanese, Hong Kong, and South African racing. Bet365 has held an Australian license from the Northern Territory Racing and Wagering Commission since 2011.

Palmerbet offers the most granular selection of tote products of any bookmaker licensed to operate in Australia. The Best Tote+ product returns the higher of the two tote dividends for Victoria and New South Wales, plus returns a percentage premium on win bets. Other options for punters include the Best of Two product which returns the higher of the two state totes, the Middle Tote which is the even in between the largest and smallest tote pools, the Tote+5% product, and the Tote+10% product. Thus, Palmerbet gives punters with specific preferences for the calculation of tote pools the most control of any bookmaker on the market.

During the Melbourne Spring Carnival, Palmerbet will offer over 20 promotions for Flemington and Caulfield races; these promotions will include boosts and tote insurance on feature races. Also, the racing promotions that will roll out daily during the Spring Carnival will be specific to the features of each race that will air. Thus, Palmerbet will offer race-specific promotions that will suit fans of each individual race. Palmerbet is 100% Australian owned and licensed by both Racing NSW and the NT Racing Commission. Also, the company is financially backed by the NSW Bookmakers Co-operative.

The Punters Club feature allows for punters from a group to combine their racing bets into a syndicate on the Palmerbet platform. Thus, this feature allows punters to compete in the popular workplace tipping competitions and racing syndicates during major racing carnivals. Palmerbet offers thoroughbred, harness, and greyhound races, as well as international races from the UK, Ireland, and other major race jurisdictions. Also, fixed odds are available for most international races on the platform.

Fluc Up is the best price guarantee that Neds has to offer punters, and is the most applicable to the concept of Best Odds Guaranteed on Australian racetracks. For Fluc Up bets on racing events, if the fixed odds for a winning selection increase between the time that the bet is placed and the race begins, Fluc Up will pay out at the updated, higher price. Thus, punters who place Fluc Up bets will avoid the anxiety of racing prices shortening after they place their bets.

The tote product selection by Neds includes form guides and maps of the running speeds of each of the race horses, both of which are included within the app. The information regarding the starting speeds of the horses is provided for each race. Also, speed maps are made available for many of the major racing meetings in Australia. The inclusion of this information within the app removes the need for punters to use another application to gather this information.

In addition to Fluc Up, Neds includes products in its Punters Toolbox that are of use to multi bettors. The Neds Mastercard will settle winning bets in real time; punters will be able to access their winnings within the minutes after the race; faster than most bookmakers that clear winnings via bank transfer. Neds is part of the Entain group of companies. Also, the company holds a license from the Northern Territory Racing and Wagering Commission.

Ladbrokes offers a product that is similar to the Best Odds Guaranteed product in which the punter will be paid the higher of the tote dividend or Ladbrokes starting price for each race. Thus, punters who do not wish to calculate the pools of tote bets and fixed odds for each race will find this to be of benefit; Ladbrokes will pay out at the higher of the two prices. The product is available for thoroughbred, harness, and greyhound races from all Australian states.

Ladbrokes offers live races from the UK, Irish, French, Japanese, Hong Kong, and South African nations. Also, the company publishes daily promotions that contain odds and profit boosts for specific races that will air. The company also allows punters to create a same race multispread that allows for up to four runners from the same race to be included in a bet that rewards punters for winning a top-2, top-3, or top-4 winning selection with a flexi option for each selection. The Ladbrokes card can be used to access winnings from any settled races at an ATM.

Ladbrokes is an official partner of the AFL, NRL, and Cricket Australia. Thus, for multi bettors who would like to combine sports betting with horse racing bets, the two types of betting can be combined at Ladbrokes. The company offers thoroughbred, harness, and greyhound racing for all Australian states. Ladbrokes holds licenses from Racing NSW and the Northern Territory Racing and Wagering Commission. Also, it is part of the Entain group of companies, the same owner of Neds.

Dabble includes the Sky Racing live channel, which includes live races from Australia and abroad for thoroughbred, harness, and greyhound races. Thus, Dabble is one of the few bookmakers that allow users to stream races for free within the Dabble application. The live channel is available live for all Australian states. Thus, punters can stream the races and place their bets within the same application, avoiding the need to purchase a subscription to Foxtel, Kayo, or Sky Racing.

The social aspect of Dabble also encompasses racing. Win, place, and exotic bets that are placed by other users on the Dabble application can be seen on the Dabble social feed; simply tapping on a bet will place it into the bet slip for that user. Racing Banter channels that are hosted on the platform include most major racing meetings in Australia. Also, the racing banter channels that run during the Spring Carnival will feature most of the same races covered by the Sky Racing channel.

PayID withdrawals from Dabble are the fastest of any bookmaker on this list. The PayID function will clear winnings within 8 seconds between 8:30am and 10pm daily. Also, Dabble does not have a desktop site for the bookmaker; it is an application-only bookmaker. The company holds a license from the Northern Territory Racing and Wagering Commission.

Betfair is not a bookmaker but an exchange. The prices at Betfair are determined by the punters rather than a bookmaker, which is a function that none of the other bookmakers offer. Also, bookmakers often include a margin or overround in the odds that they offer punters. For instance, in each race, the probability of each of the horses winning is likely to add to a total of over 100%. On the Betfair exchange, punters back horses to win, but there is no overround in the odds that are offered by the exchange.

The Betfair exchange has the deepest markets in Australia for horse racing. Also, the exchange offers sports betting on the AFL, NRL, Cricket Australia, and international sports. Betting on the exchange incurs a commission for the bookmaker; it is around 5% for most markets. Also, Betfair does not restrict the amount of money that punters stake on winning bets. Most bookmakers restrict winning punters' staking amounts; however, Betfair earns its income from the commission that it takes from winning bets.

The exchange function of Betfair works in a different manner from the other bookmakers on this list. Users of the Betfair exchange must learn the intricacies of placing and laying bets; it has a steeper learning curve than the other bookmakers. Also, liquidity can be thin on some markets at smaller local meetings. Betfair Pty Limited is licensed and regulated by the Northern Territory Government of Australia. Thus, it is the only licensed betting exchange in Australia.