MidasBet
Reasons to join MidasBet
- Totes
- Australian Owned
- Racing Markets
- Competitive Odds
- New Bookie
- No Live Streaming
- Esports
One of Australia’s newest bookies, MidasBet, debuted in July, 2022. The scope of sporting markets at this bookmaker are only available for pre-match and future results, which has led to a special concentration on Australian and worldwide thoroughbred racing. They offer detailed form information and price fluctuations along with the finest tote odds for all Australian races.
MidasBet App Review
At the time that this evaluation was being written, MidasBet’s clients do not have access to any mobile app. That doesn’t imply, though, that their mobile site isn’t useful enough in the interim. Their mobile site is quite similar to WinnersBet’s, which features a straightforward three-panel layout that is simple for new or inexperienced bettors to navigate.
MidasBet Website Review
The user interface and online display of MidasBet are highly renowned. Despite the lack of visually appealing colours on their home page, it is still an effective system that highlights their speciality: thoroughbred racing!
Although they don’t currently have any mobile apps, mobile users may still easily navigate the website. One of the most quickly loading mobile bookmaker sites is the MidasBet website. Their customer care representatives are of the finest calibre and have received positive feedback from past clients. To learn more about MidasBet and to get all the information you need about the new Australian bookmaker, continue reading below.
MidasBet Bet Types
Sports Bet Types
Below are the most common betting markets.
H2H: A team to beat the other team or player to defeat the opposing player
Individual player markets: For example 1+ goals, 30+ disposals, 10 rebounds…..
Multi: A selection of legs made across multiple matches, which can include multiple sports.
Winning Margins: The number of points a team/player will win by
Racing Bet Types
Win: The horse that crosses the finish line first.
Place: To finish anywhere in the top three.
Quinella: To select first and second place in any order.
Exacta: To select first and second place in the correct order.
Trifecta: To select the top three finishers
First Four: To select the top four horses across the line
Quaddie: To select the winner in four consecutive races
These are just some of the racing bet types on MidasBet…
MidasBet Racing & Sports Betting Markets
Below are the sports covered on MidasBet.
AFL |
Baseball |
Basketball |
Boxing |
Cricket |
Golf |
Gridiron |
Ice Hockey |
Netball |
Rugby League |
Rugby Union |
Snooker |
Soccer |
Tennis |
Volleyball |
Below are the racing markets covered on MidasBet.
Win/Place |
Trifecta |
First Four |
Quinella |
Exacta |
Quaddie |
How to Sign Up using the MidasBet Referral Code?
To begin your betting experience with MidasBet, all you have to do is create an account. A MidasBet referral code is not required. To register an account and make a deposit, it only takes a few clicks to log in to the mobile website. It’s that easy!
MidasBet Deposit Options
Funds must be in your account before you can start placing bets with MidasBet. Below are all of the deposit options available.
- Credit Card (Instant)
- VISA (Instant)
- Mastercard (Instant)
- POLi (Instant)
- BPay (1-3 business days)
- Bank Transfer (2-3 business days)
MidasBet Withdrawal Methods
To withdraw funds from your MidasBet.com.au account, follow the following steps:
- Log-in to MidasBet
- Click ‘My Account’
- Click ‘Withdraw’
- Choose Method
Below are all of the withdrawal options available at MidasBet.
- Mastercard (Instant)
- VISA (Instant)
- EFT Bank Transfer (2-3 business days)
How to Verify your MidasBet.com.au Account?
Before you are able to withdraw money from your MidasBet account, you must have completed your verification process. Click the ‘My Account’ tab, then click ‘Verify’. To check if your account has been verified, it should say “True” next to ‘Verification Status’.
MidasBet.com.au Products
Despite being one of the newest Australian-owned bookmakers in existence, they nevertheless provide their regular clients a respectable selection of goods and features. After registering an account, you may access and enjoy their daily features, which are always focused on horse racing. The odds enhancement for racing is only one of the many goods that they provide for existing customers.
MidasBet Live Betting
– Is Live betting allowed in Australia?
Due to the current Australian laws and legislation, it is illegal to bet in-play online on sports betting markets. However, you can bet in-play over the phone. Live betting has become increasingly popular in recent years, with punters able to bet on the go during the event.
“Live betting is however prohibited by the Australian law. According to the Australian Interactive Gambling Act of 2001, also known as IGA, it is an offence to advertise or provide real money online gambling services. The term interactive is considered to include live sports betting.”
MidasBet Live Streaming
Unfortunately, MidasBet website does not provide any live streaming services to their existing customers at the time of this review being written. However, they make up for it with the best odds and detailed form guide on every Australian thoroughbred race.
How to Place a Bet on MidasBet?
Placing a bet has never been so simple and can be done in just three easy steps with MidasBet! Bets can be made on the go anytime and anywhere.
1) Select the market/markets you would like to place a bet on
2) Enter your stake
3) Click Submit Bet
MidasBet Betting Tips
MidasBet does not give betting advice, but they do offer a superb pop-up comprehensive form guide for each runner in every Australian thoroughbred race. You will get access to the runner’s information, results, and starts.
MidasBet Odds
The odds at MidasBet are among the best in the industry, especially for Australian and international thoroughbred racing. The bookmakers’ greatest strength is in the racing division, but they also provide competitive odds for the few sports events and markets they have. They promise detailed form guides, fixed win & place odds, and the finest totes in Australian racing.
MidasBet Australia Quick Facts
Owner | MidasBet Pty Ltd |
Operations | Sydney, NSW |
Founded | 2022 |
Website | https://www.midasbet.com.au/ |
Rating | 8/10 |
Currency | AUD |
Language | English |
Minimum Deposit | $10 |
Minimum Withdrawal | $20 |
Format | Decimal |
MidasBet Australia Customer Support
Contact Options (MidasBet) |
Customer Service Number – +61 8 6193 7226 |
Email – [email protected] |
Live Chat Available |
MidasBet Bookmaker Alternatives
Ladbrokes Review
Unibet Review
WinnersBet Review
To compare MidasBet with other leading betting platforms and find your perfect match, visit our guide to the top Australia sports betting sites.
Conclusion & Final Thoughts
If you want competitive odds from a new bookmaker with an Australian ownership and a clear concentration on thoroughbred racing, especially in Australia, you might think about using MidasBet. They have a limitation in that there is currently no app available for iOS or Android. They still have a lot of areas in which they can develop, which is exciting as we see them become a more recognisable bookmaker.
For those who like to only wager on sports, they do not provide a wide variety of athletic markets for all the main international sports. Because of its features and top tote odds for racing, especially in Australia, RacingBase strongly advises it to bettors who love betting on thoroughbred races. So if you want a change from the bigger foreign-owned bookies, try MidasBet.
MidasBet Australia FAQs
Is MidasBet legit?
Yes. MidasBet is a young Australian bookmaker that is licensed and regulated by the Northern Territory Government.
Is there a MidasBet app?
No. Unfortunately MidasBet have not yet developed an app for either iOS or Android as of yet. Although their website is excellent for use on a mobile device.
Who is the owner of MidasBet?
MidasBet is owned and operated by MidasBet Pty Ltd. It was officially launched in July, 2022.
How do I sign up to MidasBet?
Signing up to a betting site has never been so easy with MidasBet.
Visit MidasBet website
Click ‘Join’ in the top right corner
Complete Step 1 (name, address, contact email & number)
Complete Step 2 (Account details, deposit limits)
Click ‘Confirm Registration’
How to get bonus bets at MidasBet?
Be careful to view all of the bonus bets terms & conditions for MidasBet.
Can you still get a sign up bonus at MidasBet?
MidasBet isn’t allowed to offer incentives to sign up due to Australian laws and legislations. Although punters can have access to an extensive racing platform.
Are there any MidasBet promo codes?
The promo code to use for MidasBet is BETVIP
What payment methods are available at MidasBet?
There are six deposit options available with MidasBet:
Credit Card (Instant)
VISA (Instant)
Mastercard (Instant)
POLi (Instant)
BPay (1-3 business days)
Bank Transfer (2-3 business days)
You will first have to verify your WinnersBet account before withdrawing any funds from your account.
Is live streaming available with MidasBet?
Unfortunately, at the time of writing this review, MidasBet don’t currently have any live streaming services available.
Is MidasBet a good betting site?
Although MidasBet was launched in 2022, there is still plenty to look forward to when using MidasBet, especially if you are a punter that loves Australian horse racing.
What are some of the best MidasBet promotions?
To view the MidasBet promotions, you must be first logged into your account. Once logged in, navigate to the ‘promos’ tab.
Where can you find the best MidasBet review?
You can find the best betting sites reviews here at RacingBase, and that’s the case with MidasBet as well. We thoroughly review every bookmaker so you can make an informed decision about who you want to bet with. Check out our bookmaker reviews today!
MIDASBET FEATURES
- Pros: Totes, Australian Owned, Racing Markets, Competitive Odds, New Bookie
- Cons: No Live Streaming, Esports