MidasBet Vs Sportsbet - In-Depth Betting Site Comparison

21 Jun 2023
Jake McEvoy 21 Jun 2023
Share this article
Or copy link
MidasBet Vs Sportsbet
With MidasBet playing the host bookie for the first time in this Battle of the Bookies series, they’ll be facing off against Sportsbet, who have generally struggled overall, particularly against the bigger bookmakers.

MidasBet is a very young bookmaker but, thanks to some fantastic marketing, has already made a pretty good name for itself in the Australian market.

Sportsbet has been around for much longer and has certainly perfected the basics but they just seem to lack much creativity when it comes to modern betting features.

Let’s see how they compare!

MidasBet vs Sportsbet Comparison

In the interest of fairness, we always use the same 12 criteria when comparing two bookies in this series.

Those 12 categories are as follows:

Odds Value: The most essential factor is the value of the odds we get from each bookmaker across all racing and sports sectors. In this key category, the site that seems to be the most giving will win.

Available Markets: Whichever site provides us with the most sports to gamble on, as well as the most betting markets across each of those sports, will win this round.

Betting Features: Unique betting features are rare to come by these days, therefore only the most creative bookmakers can amaze us and get the point from this area.

Betting App: Nowadays, just making a service mobile compatible isn't enough. We want a dedicated app that can be downloaded to a variety of modern devices.

VIP Program: Regardless of the sector, repeat clients should always be rewarded. When it comes to the betting sector, some bettors spend so much time and money on the same site that they deserve to be rewarded via a loyalty program.

Safety & Security: It is critical that betting sites be safe and protect the information we submit them properly. We ensure that each site we compare uses cutting-edge encryption technology.

Payment Methods: We're looking for the most diversified set of payment options for our deposits and withdrawals. Sites that provide the most secure ways will win this round of the competition.

Live Betting & Live Streaming: In this area of the post, we're searching for two elements: in-play betting markets and live streaming services. Typically, a site that provides both of these will win in this category.

Customer Support: When we're having trouble figuring out a new feature or encountering a technical problem, we need a customer support staff that is simple to reach, quick to reply, and informative in their responses. This round's winner will be the one who checks the most boxes.

Promotions: We are unable to provide information about the specials offered on each site due to legal restrictions. Instead, we'll just tell you which site we believe has the best overall deals.

Licensing and Regulation: To operate in Australia and be included on this site, all bookies must be properly licenced. If they are not, they will not be here, hence this part is generally a tie, although it will include significant information.

Responsible Gambling Practices: It is critical that gaming sites prioritise customer welfare, thus we always ensure that each site has a responsible gambling policy in place, as well as resources for vulnerable gamblers to employ to protect themselves from the risks connected with gambling.

Our Verdict: MidasBet vs Sportsbet

Before we get into how we arrived at our findings, we'll tell who triumphed in each of the most critical areas in this head-to-head.

We'll then tell you who the ultimate winner is: MidasBet or Sportsbet.

  • Best Betting Odds: MidasBet.
  • Available Markets: Sportsbet.
  • Best Features: Sportsbet.
  • Mobile App: Draw.
  • VIP Program: MidasBet.
  • Safety and Security: Draw.
  • Deposit and Withdrawal Options: Draw.
  • Live Betting and Live Streaming: Sportsbet.
  • Customer Service: MidasBet.
  • Safer Gambling: Draw.
  • Licensing and regulation: Draw.
  • Best offers: MidasBet.

It's a close call, but with a final score of 3-2, it's MidasBet that secures the victory in this edition of the Battle of the Bookies.

With the scores being so close and so many ties on the scoreboard, either site could be perfect for you, though, depending on your preferences.

MidasBet Pros & Cons

Prominent racing markets.

Popular sports.

Secure payment methods.

Live chat feature.

No live streaming.

No Esports.

No application.

Sportsbet Pros & Cons

Live racing stream.

Aussie-based betting provider.

“Justice refund” feature.

A small selection of sports.

Dated website design.

Very basic betting service.

Comparing MidasBet vs Sportsbet Betting Odds

In all honesty, there wasn’t too much separating these two bookies as far as odds value is concerned, but we were definitely more tempted by what was being offered by MidasBet.

For this reason, MidasBet will be receiving the very first point of the day in this comparison article.

What Markets Are Available at MidasBet vs Sportsbet

MidasBet has one of the smallest sports selections on the Australian market with just 15 to choose from. Sportsbet, on the other hand, offers 27 sports, making them the clear winner in this category.

Which Sportsbook Offers the Best Features?

With instant payouts and live betting, Sportsbet offers just a few more sports betting features than its rival here, so they’ll be taking the point ahead of MidasBet.

As far as racing features go, the offerings are fairly similar, with form guides, flucs, track information and more available to help you make your betting decisions.

Does MidasBet vs Sportsbet Have the Mobile Betting App?

MidasBet and Sportsbet each offer mobile applications for accessing their services on the go. Anything that can be accomplished on the main platforms of each of these services can also be achieved on their applications.

MidasBet vs Sportsbet VIP Program Comparison

Neither of these betting sites offers a typical VIP program but MidasBet does offer a points system for placing wagers, which is the next best thing.

Points can eventually be exchanged for bonuses, which can be fairly valuable in the long run.

MidasBet vs Sportsbet Safety and Security

Both of these two Aussie betting sites use encryption technology to hide all of the data that you send them when you create your accounts.

Comparing Deposit and Withdrawal Options

Each of these bookies offers just a small number of payment methods for deposits and withdrawals, however those options that are available are both secure and popular.

Live Betting and Streaming Options: MidasBet vs Sportsbet

There are no live betting or streaming options available at MidasBet, so Sportsbet easily takes the point from this round by offering a live stream provided by Sky Racing.

Comparing MidasBet vs Sportsbet Customer Service

It’s hard to fault any Australian customer service, so we always need to add an extra level of scrutiny to this section. Overall, we preferred the customer service experience we received from MidasBet.

Where Do MidasBet vs Sportsbet Stand on Safer Gambling

At the footer of each of these sports betting sites, you will find a Responsible Gambling Policy. Reading either of these will help you feel safer in your betting environment.

Where Are MidasBet vs Sportsbet Licensed and Regulated?

MidasBet is licensed in the State of New South Wales by the Greyhound Welfare & Integrity Commission and regulated by Liquor and Gaming New South Wales.

The Northern Territory Racing Commission is the governing body for Sportsbet in the territory. Sportsbet's gaming services for citizens of South Australia are regulated by local law.

Does MidasBet vs Sportsbet Have The Best Offers?

We cannot detail the promotions that are available on each of these sites - you’ll have to create accounts with each to unlock this knowledge - but we can say which betting site we prefer based on this criteria and that site is MidasBet.

MidasBet vs Sportsbet FAQs

Can you have both a Sportsbet and MidasBet account?

Australian residents can open betting accounts with as many different Australian bookmakers as they wish.

Which Bookmaker has been around longer?

Sportsbet has been around for much longer than MidasBet, which was only introduced to the market in 2022.

Do both bookmakers have mobile apps?

MidasBet and Sportsbet both offer mobile applications for Android and iOS devices.

Which betting site offers the better odds - Sportsbet or MidasBet?

We were more enticed by the value of the betting odds that were being offered by MidasBet, however, there wasn’t much in it at all.

Do Sportsbet and MidasBet allow for live betting?

Neither of these bookies offer in-play betting markets, but Sportsbet does offer a live stream provided by Sky Racing where customers can watch races from Australia and New Zealand.

Who offers the better customer service, Sportsbet or MidasBet?

The customer service at both of these bookmaker sites is excellent, but we did prefer the more personal experience we received from MidasBet.