Beginner’s Guide to TeamBet

By Hari Menon

1 hour ago

Hari Menon 1 hour ago

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TeamBet is a fresh Australian bookmaker, launched in late 2025 and tailored for racing and sports lovers who want a straightforward, reliable platform. Before you jump in, this guide will help you get started smoothly - from signing up using the TeamBet code BETS, to placing your first bet, and managing your account responsibly.

How to Create Your TeamBet Account

Signing up with TeamBet takes just a few minutes. Head over to www.teambet.com.au and click “Join.” You’ll be asked for basic information - your full name, date of birth (you must be at least 18), email, mobile number, and residential address.

When registering, be sure to enter the sign-up code BETS. This will unlock access to the latest offers and bonuses available for new users.

Make sure all your details are accurate because Australian law requires identity verification within three days or before you can make a withdrawal.

Identity Verification: Why It Matters

To comply with anti-money laundering laws, TeamBet requires all customers to verify their identity. You will need to upload:

A current Australian driver’s license or passport
A recent utility bill showing your name and address (dated within the last three months)

You can easily upload these documents in your account settings. Verification usually takes 1-2 days, and your account will be suspended if you don’t complete it in time.

Depositing Funds: How to Get Started

TeamBet offers simple, secure options to fund your account. You can choose PayID or Apple Pay for instant deposits, or use Visa or Mastercard debit cards which typically clear in 1-2 hours. The minimum deposit is $10.

If you choose debit card payments, you might need to send a copy of your card’s front and back for verification - but rest assured, you can redact the middle 8 digits for security.

Remember, all funds you deposit must be wagered at least once before you can withdraw.

Understanding Your First Bet: Betting Basics Simplified

TeamBet uses decimal odds. For example, if odds are 3.50 and you stake $10, your potential return is $35 (which includes your $10 stake).

Start with a simple single bet, where you pick one outcome - like a horse to win or a team to win a match. Once you feel confident, you can explore each-way bets (which cover wins and places) or combination bets (multis).

How to Place a Bet on TeamBet

Placing your first bet is easy.

Browse your preferred racing or sport markets.
Click the odds for your pick - this adds your selection to the bet slip.
Enter your stake amount.
Review the potential payout.
Confirm your bet.

You’ll get an instant confirmation once your bet is placed.

Managing Your Bets and Withdrawals

You can track your active and settled bets under the “My Bets” section of your account. Once your deposited funds have been wagered at least once, and your identity is verified, you can request withdrawals.

TeamBet processes withdrawals six times every day using OSKO instant payments, so your winnings arrive in your bank account - Australian banks only - within a few hours.

Keeping Your Account Secure

Protect your login details; do not share your password, and use a strong, unique password. If you ever suspect your credentials have been compromised, change your password immediately and notify TeamBet support.

Responsible Gambling at TeamBet

TeamBet encourages responsible betting. Within your account, you can set deposit limits or self-exclude if you feel you need a break. These tools help you stay in control and enjoy betting safely.

If you ever feel gambling becomes a problem, free confidential support is available via 1800 858 858 or at gamblinghelponline.org.au.

Customer Support: Help When You Need It

TeamBet’s support is available every day from 9 am to 9:30 pm AEDT. Reach out via:

Live Chat within the website or app
Email [email protected]

Friendly, real people are ready to assist you.

Getting Started with TeamBet: Smart, Safe & Fun

Use the BETS code when registering to unlock the best new customer deals available.
Start small and bet on sports or races you know well.
Always verify your account quickly to avoid delays in withdrawing winnings.
Take advantage of TeamBet’s QuickBet and multi-builder features once comfortable.
Remember that betting is for enjoyment - never wager more than you can afford.

Welcome to TeamBet - bet smart, have fun, and enjoy the thrill of the game! For a complete overview of markets, app performance, and betting features, read the full TeamBet review.