Luxbet Bonus Bet Offer on Signing now $250
Update: In December 2017, Luxbet’s parent company Tabcorp Holdings Ltd, made the decision to cease the operations of, Australian bookmaker Luxbet. This move not only spelt the death knell for Luxbet, but of course their sign up bonus.
The analysis of other sign up incentives in the Australian market remains relevant, so this content has been retained. Please see below:
Analysis of the Current Free Bet Offers in the Australian Marketplace
The move from Luxbet to reduce their sign up bonus offer reflects the changing forces within the Australian bookmaking industry. Global bookmakers have been buying up local Australian brands and bringing with them more competitive practices. In March 2016, Unibet Australia altered their sign up offer from a matched deposit bonus to an insured first bet bonus. Withstanding the heat is the local arm of global agency William Hill. They continue to offer new customers a $700 matched deposit bonus. Sportsbet continues to run their matched first bet offer in preference to the deposit offer. There is no doubt that the matched deposit bonus represents better value to potential customers.
Still Value in Free Bets for new Customers
Whilst the matched first bet offers aren’t as attractive to new customers, there is still great value on offer for prospective clients with the matched deposit offers. For example: Bookmaker.com.au’s $400 bonus and Ladbrokes’ $250 offer are both very deposit bonuses. A full list of free bets and bonuses can be found on our home page.
New Players Provide Diversity
The good news for Australian punters is that growth in Australian sports betting is bringing new players to the industry, that are continuing to bring with them generous offers in order to entice new customers. In recent years, CrownBet, Unibet and William Hill have all entered the Australian market with aggressive welcome bonus deals.