Boomakers Logo
4.5
Review Rating
  • 100% Australian Owned and Operated
  • Launched by long-established on-course bookmaker
  • Fast betting website offering sports and racing
Discover Offers

LightningBet Overview

Grant Lynch is an established on-course bookmaker with a proven track record dating back to 2001. Lynch has used his extensive experiences as a bookie to set up an online betting site that offers racing and sports betting. Despite being only newly launched, LightningBet offers comprehensive betting for racing, as you might expect with Lynch’s background. Even better, there’s a good range of general sports betting, with many different bets available. Same race/multi-racing is available on many markets, another big plus for a new bookmaker.

Lightning Boosts offer great odds on certain bets, but at present, there are few other promotions available to registered players. There are no esports or fantasy leagues, but the inclusion of these items in the terms and conditions suggests that LightningBet is planning on expanding its range even further.

Pros & Cons

  • Lightning fast app available
  • Great odds on Racing and Sport
  • Lightning-fast OSKO withdrawal
  • No esports or fantasy betting
  • Min deposit $5
  • Betting Variety
  • Mobile Experience
  • Payment Options
  • Betting Experience
  • Customer Support
  • Overall Experience
4.5
Overall Rating

Website Screenshots

App Screenshots

How to place a bet (guide)

You will need to register for an online account with LightningBet before you are able to place a bet. The content of its website isn’t hidden behind a members-only area, but you will only be able to view, not interact, until you have created an account. This is to comply with the Australian regulator’s rules to protect vulnerable individuals and prevent crime.

The whole registration process can be managed online without any delays. This means that once an account has been created, you can start betting right away.

The website is fast and responsive, and the panel on the left-hand offers the full range of betting options. Simply click on the dropdown arrow to view the full list. There is also a scrollbar in the middle of the main central panel on the home page. Using the arrows, you can scroll right and left to find the sport you want to bet on.

At the top of the page, the next races to run are highlighted. This is useful if you want to bet on races that are coming up rather than a specific sport.

Once you’ve clicked on the race or sport that you want to bet on, the details will appear in the central panel. You’ll be able to see the different odds and betting options. Provided you are logged in and have funds in your account, clicking on an option will populate your betting slip and allow you to place the bet quickly. You’ll need to add the stake to your betting slip and confirm the details, but there’s no need to write in your bet, as the website will pick it up automatically.

You will not be able to cancel or change the bet once it’s been placed, so make sure to check it through before confirming. You can add multiple bets to the betting slip simultaneously, so you won’t need to add and confirm each one individually.

LightningBet App

Many bookmakers only get around to creating apps after they’ve been up and running for some time, so it’s all credit to LightningBet that it has done this from the start. Although the website is fully optimised for mobile use, there are also apps for both Android and iOS.

Both of these apps are available from the usual Play Store and the App Store, so they are easy to find and download.

The branding on the LightningBet apps is strong, so you won’t see any major differences between the two apps or the website. The navigation is kept as similar as possible, so it’s easy to switch between the website and app seamlessly.

LightningBet Racing

What types of racing are available at LightningBet?

Punters can bet on thoroughbred, greyhound and harness racing with LightningBet.

LightningBet Sports

Does LightningBet offer a sportsbook?

Yes, there is a broad range of sports available to bet on at LightningBet, including:

  • Aussie Rules
  • Rugby League
  • Rugby Union
  • Snooker
  • Tennis
  • Gridiron
  • Darts
  • Cricket
  • Baseball
  • Basketball
  • Motorsports
  • Martial arts
  • Boxing
  • Soccer

This is not an exhaustive list; LightningBet may add further sports or events.

LightningBet Betting

Is there a limit to how much you can win at LightningBet?

The maximum winnings in any 24-hour period is capped at $150,000. Individual bets may be subject to a lower cap, typically up to a maximum of $50,000.

Live Betting and Streaming

Are live betting and streaming available at LightningBet?

Live betting and streaming are not available at LightningBet at present.

Using the platform

Does LightningBet offer responsible gambling measures?

Yes. Punters can opt to self-exclude, and they can also set deposit limits to prevent overspending.

LightingBet Fantasy

Can I bet on fantasy leagues at LightningBet?

There are no fantasy leagues available at present, but there are indications that they will be offered in the future.

LightningBet Bonus

Is there a welcome bonus at LightningBet?

Like all other licensed Australian bookmakers, there are no welcome bonuses for new players at LightningBet. This is because Australian state and territory laws prohibits bookmakers from offering promotions to unregistered players.

LightningBet Promotions

Does LightningBet offer Promotions to registered players?

LightningBet offer promotions to registered players.

LightningBet Esports

Can you bet on esports at LightningBet?

Esports are not currently available at LightningBet, but there are indications that they may be added in the future.

LightningBet Casino

Can you play casino games at LightningBet?

It is not legal for licensed casinos to offer online casino games in Australia. LightningBet, therefore, does not offer any casino games, just racing and sports betting.

Credibility

Illustration
Australian Communications and Media Authority
Illustration
Racing NSW
Illustration
Racing SA
Illustration
Racing Queensland
Illustration
ABN 93 269 280 153

LighningBet is a licensed and regulated bookmaker and is owned by Grant Lynch, an on-course bookmaker with a licensed record that dates back to 2001. Lynch continues to offer on-track bookmaking services at Newcastle Racecourse and Kembla Grange.

Lynch is a director at New South Wales Bookmaker’s Co-operative; this organisation guarantees that any winning bet placed with its members will be paid. For punters who are reluctant to place a bet with a new bookmaker, this guarantee should provide extra confidence.

Payment Methods

Deposit Methods

  • VISA cardInstant
  • Master cardInstant
  • Credit / Debit cardInstant
  • Bank Transfer / EFT48-72 hours

The options for making a deposit at LightningBet are fairly limited, and if the anticipated ban on credit cards comes into force, there will be even fewer options. The minimum deposit amount is $10.

LightningBet does not charge any fees for making a deposit but reserves the right to pass on any charges if an overseas bank account is used. If you make a deposit using a credit or debit card, you may be asked to provide a copy of the front and back of the card for anti-fraud purposes.

Withdrawal Methods

  • EFT / Bank Transfer1-3 days

There are few withdrawal methods available, but this is not uncommon with bookmakers. Only bank transfers are available at LightningBet, which may not be ideal for all players.

The minimum withdrawal is $20. LightningBet provides an AM and PM withdrawal processing times for any withdrawal request.

Customer Support

LightningBet @ A Glance

  • Founded on

    2023
  • Headquarters

    NSW
  • Owners

    Grant Lynch 20+ years as a Bookmaker
  • Game Types

    Sportsbook, Racing
  • Betting functions

    Multi Betting, Race & Sports Betting, Same Game/Race Multi, Racing, Sports
Set a deposit limit. For free and confidential support call 1800 858 858 or visit gamblinghelponline.org.au .
betstop
BetStop - the National Self Exclusion Register is a free service for people who want to exclude from all Australian online wagering providers. For more info visit www.betstop.gov.au .
Boomakers Logo
4.5
Follow Us
Copyright © My Betting Mate 2023
Logo