Four generations of bookmaking brings you Australia's first discount bookmaker!
The Read family name, known for Trust, Value and Service, now brings you Readbet, Australias first discount bookmaker. Our Discount Bet, SuperTOTE and Fixed Odds price service guarantee you, best market value. Discount Bet is the first racing product to guarantee you a return on every bet placed, SuperTOTE guarantees to exceed the TABs, while Fixed Odds offers true market value.
Whether you like to have the occasional week-end flutter, are an every-day player, or a professional highroller, Readbet is the place to bet. We accept bets from one dollar to some of the highest limits on the Internet.
Our wagering service on Australian and International Thoroughbred, Harness and Greyhound Racing, as well as Australian, North American and Global Sports, ensures we are the true one-stop shop!
At Readbet, we recognise the importance of privacy and confidentiality. It is our commitment to you, that we will keep your identity, betting details and financial affairs confidential.
We understand that many of our clients have chosen Readbet for this very reason, and pride ourselves on maintaining the highest standards in security, privacy and confidentiality at all times.
ReadBet - Promotions
Bet on any Asian Handicap market and if the match finishes in a handicap tie we will refund your total bet stake - you get 100% back, that's the Asian Handicap advantage.
Eg: England are -2 on the Asian Handicap market for their match against Spain +2. If England win 2-0 the match is a 0-0 handicap tie so all bets on this market will be refunded.
Get paid even if your bet loses, Canbet gives you the money-back advantage on a huge range of sports and racing events.
ReadBet - Unique Features
Get true value, odds that don't change after your bet is placed!
Our proprietary Fixed Odds service offers true value to players to who like to know exactly what they are going to get! When betting fixed odds, you receive the odds quoted at the time the bet is placed.
10% Australian Racing Rebate 8% Asian Racing Rebate - Hong Kong & Singapore
Discount Bet guarantees you a return on EVERY bet placed, regardless of the outcome (win or lose).
Example Australian racing 1:
$100 Discount Bet at declared odds of 4.25, with a 10% rebate (discount), the following applies:
For a Winning bet:
We pay you $425!
(Profit = Stake of $100 x Odds of 4.25 = $425 less the cost of the bet of $100 = $325.)
For a Losing bet:
We pay you $10!
(Rebate (discount) = Stake of $100 x 10% = $10) High Betting Limits
We cater for all betting requirements from the casual Â£1 (â¬1) punter to high rollers & bookmakers. Our Internet limits are amongst the largest available online, larger amounts are available via the Telephone.