Winnersbet Vs Midasbet - In-Depth Betting Site Comparison

26 Apr 2023
Jake McEvoy 26 Apr 2023
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Winnersbet Vs Midasbet
This edition of our Battle of the Bookies series will see Winnersbet and Midasbet compared to see who is the best betting site in all of the key areas.
When it comes to the Australian sports betting business, Winnersbet is one of the newer players. In the middle of the year 2020, renowned bookmaker "Da He" launched the platform.

The platform clearly prioritises racing and they certainly have the basics under control with a user-friendly website and a great customer support team to back it up.

Australian gamblers have had the option of using Midasbet since its introduction in 2022. The site has a large variety of promos and a superb selection of horse racing and other sports to bet on.

Midasbet hasn’t had very long to impress but it’s certainly looking like a promising online betting alternative for Aussie punters that are looking for something new to try out.

In what could well be a match-up between Australia’s two youngest bookies, let’s see how Winnersbet and Midasbet perform when compared in the industry’s most crucial elements.

Winnersbet vs Midasbet Comparison

When we’re measuring two betting sites up against one another, we always use the exact same set of criteria that we’ve used in each and every one of our other Battle of the Bookies instalments.

This is in the interest of consistency and fairness, knowing that doing so will give us the most accurate results at the end of each comparison and at the end of the series.

Here are the twelve elements that we compare in these head-to-heads:

Odds Value: Odds value is important because it dictates our potential returns as well as how far our deposits can stretch. In our comparisons, whichever site offers the greatest prices will win in this crucial category.

Available Markets: As well as looking at the list of sports available at each site, we look at how many betting markets can actually be wagered on within each of those categories in the sportsbook. The more betting markets, the more chance a site has of winning this particular section.

Betting Features: By “betting features”, we mean features of a site that can be used to enhance the betting experience. Think along the lines of Cash Out, tips, form guides and Bet Builders. It’s not all about numbers in this category, as we’re also looking for the most effective and unique examples.

Betting App: Betting apps allow us to use betting services from more convenient locations. They usually provide a much more seamless, hassle-free betting experience than what we used to get when using our mobile browsers to access betting sites. As long as a site offers a betting app that is available for a range of devices, it won’t fall behind in this category.

VIP Program: We’re on the lookout for betting sites that offer VIP programs in order to reward their most loyal customers and highest spenders. Whichever bookie offers the best VIP program will win in this section. Oftentimes, just offering a loyalty program of any kind will be enough to win this section.

Safety & Security: When it comes to site safety, the first thing we do is make sure the sportsbook is using an encrypted connection. All of your information, including financial transactions and personal details, will be safe in the presence of a Secure Sockets Layer (SSL) certificate. As long as each site uses this, they won’t be penalised in our comparisons.

Payment Methods: Since online betting sites have been around, more and more online payment methods have consistently popped up. The more of these options that there are available for customers to use for deposits and withdrawals, the more likely they will be to earn the point in this round.

Live Betting & Live Streaming: The combination of in-play betting markets and live-streaming services can make for a truly thrilling online betting experience. These are some of the features we compare in this section when we’re conducting our head-to-head reviews.

Customer Support: The quality of a betting site’s customer service team is often overlooked; that is until you’ve run into a problem and you can’t get hold of them. We make sure there are plenty of ways to get in touch with a customer service representative and that the responses we’re getting are friendly and informative.

Promotions: Due to a recent change in Australian legislation, we are unable to detail the exact promotions that are available at each betting site. So, what we do here is simply let you know which betting site offers the better promotions in our opinion.

Licensing and Regulation: The receipt of a betting licence from a gaming committee attests to the legitimacy of an operator's sports betting business. The licencing confirms that the online gambling operation is legitimate and that the provided services meet all regulations. We make sure every betting site we’re comparing has an appropriate license.

Responsible Gambling Practices: All betting sites need to be aware of the potential damage they are doing to their clients. They need to make such dangers obvious to anyone that uses the site and they need to offer tools like deposit limits to limit the possible damage that can be done.

Our Verdict: Winnersbet vs Midasbet

Now, we've reached the conclusion you've been anticipating: the verdict.

Here is who came out on top in each of the aforementioned categories that we use to measure the quality of the betting services involved in our head-to-head comparisons:

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

Let’s just cut to the chase here - Winnersbet and Midasbet offer exactly the same service.

That is as things stand, anyway. Over time, there’s a good chance that each of these sites will be looking to offer unique services that help them stand out from the crowd. This is essential in any business.

Until then, though, this head-to-head between Winnersbet and Midasbet will be noted as an absolute dead heat. So, the site you decide to sign up with next could literally come down to whether you prefer purple or red.

Winnersbet Pros & Cons

Great racing features.

Decent range of sports.

24/7 live chat feature.

Enjoyable betting experience.

No app.

Limited payment options.

Very few sports betting markets.

No Esports markets.

Midasbet Pros & Cons

Prominent racing markets.

Popular sports.

Secure payment methods.

Live chat feature.

No live streaming.

No Esports.

No application.

Limited payment options.

Comparing Winnersbet vs Midasbet Betting Odds

The odds that are on offer at each of these two Australian online betting sites are identical and this is because they’re using the same system.

With this being the case, there’s absolutely nothing to tell these two sites apart in this category and we will simply note this first round as a draw.

What Markets Are Available at Winnersbet vs Midasbet

Many users have been dissatisfied with Winnerbet because of the limited selection of available sports. There are just 14 different sports to choose from.

With MidasBet utilising the same system by GenerationWeb 355c, they’ve opted to include the very same number of sports and, well, exactly the same selection of sports, too.

We checked to see if they offered different markets for these sports and, as we suspected, the numbers were identical again.

As a result, we have another tie in the second round of this head-to-head between Winnersbet and Midasbet.

Which Sportsbook Offers the Best Features?

Just because two betting sites choose to use the same templates and systems, doesn’t mean they have to offer all of the same betting features as well.

Unfortunately, neither of these two sites got the memo, meaning they’ve opted for exactly the same racing and sports features across both sites.

With a third draw in a row, we think we might have an idea of how the final scoreboard is going to look at the end of this face-off.

Does Winnersbet vs Midasbet Have the Mobile Betting App?

Because of the feature-packed mobile apps that are offered by both of these betting sites, it is easy to make bets, make payments, and communicate with customer care using your smartphone or tablet.

If you have a device that is compatible with any of these betting services, you will be able to use either of them from almost any location as long as you have battery life and an internet connection via Wifi or data.

It has been decided to list this category as a draw, yet again, as both services offer comprehensive betting apps for their customers.

Winnersbet vs Midasbet VIP Program Comparison

Both Winnersbet and Midasbet provide the same rewards program, in which a player's ability to trade in points for extra cash increases in proportion to the amount of money that is spent.

To have a better understanding of how everything fits together, you will need to register for an account and then go to the promotions pages on each platform.

The fact that both bookmakers provide exactly the same loyalty program ensures that the draw-streak will continue into the sixth round.

Winnersbet vs Midasbet Safety and Security

Winnersbet protects your data through the very same encryption process that is used by some of the biggest financial institutions worldwide, and - guess what? So does Midasbet.

What this means to you is that even if hackers manage to get hold of the information you submit when you’re registering your account or when you’re making a payment, they won’t be able to read what the data actually says.

With both of these bookmakers looking after their client’s data in the exact way that they should be, there will be yet another tie in this round on Safety and Security and Winnersbet and Midasbet.

Comparing Deposit and Withdrawal Options

Winnerbet and Midasbet each accept some popular, secure payment methods for deposits and withdrawals in and out of your betting funds, however, the problem is that there aren’t very many to choose from.

Here are your options for payments with both of these bookies: Visa, MasterCard, POLi and EFT.

With nothing to seperate these two online betting platforms in this round - yet again - we’ll be noting down another draw.

Live Betting and Streaming Options: Winnersbet vs Midasbet

To be fair to Winnersbet and Midasbet, they are both still very youthful betting services, so it’s not the biggest surprise that each of them are yet to offer any in-play markets or a live-streaming service.

They’ll need to be quick in implementing live betting, though, as they won’t be able to keep up with the favourites for very long if they keep holding off.

With neither of these two Aussie bookies offering any form of live betting experience for their punters, we will be labelling this round as a tie.

Comparing Winnersbet vs Midasbet Customer Service

We hoped that, with there being all the same contact methods and customer service times, we’d have the opportunity to award a point to either Winnersbet or Midasbet in this round as long as one of their customer service teams managed to stand out.

Unfortunately, there was nothing to tell them apart. They could well have been the same representatives for all we know.

So, as you probably guessed, it’s time to type “Draw” in the verdicts again.

Where Do Winnersbet vs Midasbet Stand on Safer Gambling

Everyone in the gambling industry, not only clients who are seeking to prevent addiction, should be committed to promoting safe gaming practices.

This section is usually included when comparing two sites for the Battle of the Bookies series to make sure both are properly looking out for their client's best interests.

And both Winnersbet and Midasbet are doing just that with their Responsible Gambling Policies, helpful tools, and clear warnings.

Both bookies have been thorough, therefore we'll be adding to the evergrowing list of draws in the verdict section.

Where Are Winnersbet vs Midasbet Licensed and Regulated?

Finally, we’ve found something different about these two betting services. They’re licensed and regulated by different authorities. Unfortunately, this means nothing for the scoreboard, as both authorities are equally legitimate and equally respected.

Winnersbet has a license from Racing Victoria and Midasbet gets its license from GWIC and is regulated by Liquor and Gaming NSW.

The penultimate round in this face-off, just like every other round so far, will be listed as a tie.

Does Winnersbet vs Midasbet Have The Best Offers?

It’s the final round and we’ve still yet to have either service take a single point in this-head to-head battle of the bookies. Will either of these two services offer promotions worthy of stealing in and taking the only point of this comparison and the victory with it?

No. These two sites offer the very same handful of promotions, which, aren’t bad at all, but, once again, there’s nothing to separate these two Australian bookies.

This comparison has had nothing but draws from the start to the finish and we will be getting our first tie in this Battle of the Bookies so far.

Winnersbet vs Midasbet FAQs

Can you have both a Midasbet and Winnersbet account?

Aussies are permitted to open as many betting accounts as they like, as long as they limit themselves to just one per bookmaker. Australian law does not prevent customers from signing up with as many bookies as they like.

Which Bookmaker has been around longer?

Although both of these sites are very young and some of the newest on the scene, Winnersbet has been around since 2020, making it two years older than Midasbet which arrived on the Australian betting scene in 2022.

Do both bookmakers have mobile apps?

Mobile applications are available for both Winnersbet and Midasbet via the Apple App Store and the Google Play Store.

Which betting site offers the better odds - Midasbet or Winnersbet?

Midasbet and Winnersbet both use the same platform and offer exactly the same prices on exactly the same races and exactly the same sports.

Do Midasbet and Winnersbet allow for live betting?

Midasbet and Winnersbet are still both very young, which does excuse their lack of live betting opportunities for now, however they will need to add in-play betting and a live stream at some point to keep up with the competition.

Who offers the better customer service, Midasbet or Winnersbet?

The customer service experience we receieved from both Winnerbet and Midasbet were both very similar and of high quality.