ColossalBet Sports Review for AU – Mobile App & Betting Bonus
Since 2021, ColossalBet has been providing Australian bettors with high-quality wagering options for the most popular sports, including horse racing. In this ColossalBet sports review, we’ve explored the site’s best and worst features, covering topics such as the platform, the markets, the bonuses, the odds, the app, and much more.
🛡️ AU Site | www.colossalbet.com.au |
🎁 RTP | 96.80% |
🥇 Best for | Basketball Betting |
📱 Mobile App | Android, iPhone |
🏈 Sports | AFL, Cricket and 18 Other Sports |
🏆 Best Features | Price Pump, Fair Odds |
💳 Payments | |
⚖️ Licence | Racing NSW, NSW Office of Liquor, Gaming and Racing |
📭 Founded | 2021 |
Before we begin, we want to let you know that this site has been verified to be safe, legal, and trustworthy. It has been licensed by Racing NSW, which means that it adheres to strict regulations when it comes to responsible gambling and secure betting products. We’ll discuss this topic further in this review.
We have graded this site according to strict grading criteria that take into account the most important elements for bettors and critics. These include an overview of the available sports and a description of the pros and cons. We’ve also outlined how you can register with ease and whether new player promotions are available.
Overview of the ColossalBet Sports Betting Site
ColossalBet is a legal online sportsbook operating in Australia since 2021. It is licensed by Racing NSW and the NSW Office of Liquor, Gaming and Racing. There is no ColossalBet sports betting bonus due to local regulations. The platform offers AFL, Rugby League, and 18 other sports betting options. The best features include price pumping and fair odds. The ColossalBet sports platform is powered by proprietary technology, and the mobile app works on Android and iPhone devices
Advantages and Disadvantages of ColossalBet for Australian Betting Fans
It’s a simple matter of fact that all sportsbooks have pros and cons. It’s important to understand the elements that are most important to you so you can make an informed decision about where to sign up. As you can see below, the ColossalBet sports betting platform offers more advantages than disadvantages.
- Fair Odds
- Horse Race Betting
- Regular Promotions
- Wide Sports Variety
- Many Sports Markets
- Stable Web Platform
- No Early Cash Out
- No New Player Bonus
- No PayPal Transactions
We have identified several pros, including the variety of sports options and the available markets, the quality of the odds, the web platform, its return customer promotions, and the horse race betting lobby. That said, the site is not without its flaws. The site’s payment options could be improved, and additional features such as early cash outs would be appreciated.
While we believe that these flaws can be overlooked, we recommend that you consider all available options before you make your final decision. You can visit our list of the best Australian sportsbooks to see how the other legal options have fared in our reviews and register through convenient sign-up links.
How Can You Join the ColossalBet Betting Platform?
- Head to the ColossalBet sports betting website. Click the join button.
- Provide your name, email address, and contact details. Submit your ID.
- Once your age and identity have been verified, proceed to the cashier.
- Choose your deposit method and set your transaction value. Confirm this.
- One your deposit has cleared, head to the betting lobby to wager.
What Does the ColossalBet Sports Platform Offer in Australia?
As soon as you open the ColossalBet sports betting site, you’ll notice that the first markets to be featured are for horse race betting. This indicates that the platform is predominantly made for horse race bettors. The web design utilises a gold and white colour scheme, with the lobby stable and reliable to facilitate smooth betting.
When you scroll down, though, you’ll find a well-stocked list of betting options for a range of other popular sports. Our ColossalBet sports review discovered that the bet-building process is simple and intuitive, and it’s incredibly easy to register and fund your account. The platform itself is a highlight of the site.
ColossalBet AU Sports Betting Markets: Australia’s Favourite Sports
We committed a complete evaluation of the betting options and found that you can wager on 20 sports categories. This is a relatively standard betting option for Australian sportsbooks. When you click on each sport, you’ll find that many offer a range of local and international leagues and divisions. The available sports are as follows:
- Australian Rules Football
- Baseball
- Basketball
- Boxing
- Cricket
- Cycling
- Darts
- Elections
- Golf
- Gridiron
- Handball
- Ice Hockey
- MMA
- Motor Racing
- Rugby League
- Rugby Union
- Snooker
- Soccer
- Tennis
- Volleyball
We were very impressed by the sports wagering options at ColossalBet. At the top of this betting lobby list, you’ll find that the most popular sports options are highlighted, including the AFL, cricket, rugby, and soccer. There are often many markets for these sports depending on the progress of a season.
You’ll also be able to find odds for major sports leagues from the UK and USA, including the NFL, NBA, MLB, NHL, and the English Premier League. As is common with many Australian betting sites, you’ll also be able to wager on special events such as elections. Unfortunately, there are no markets for eSports yet.
Which Are the Most Popular Competitions to Bet On?
The best thing about soccer betting is that there are always international leagues to wager on. For basketball betting, the NBA is highly popular, as is the NCAA March Madness tournament.
Can Australian Bettors Place Wagers On eSports from ColossalBet?
Unfortunately, there are no eSports markets on offer at ColossalBet. If you’re looking for a high-quality betting site that offers these odds, we suggest that you check out our review for bet365. If the site offers these exciting betting options, we’ll be sure to update this review to cover them.
What Else Can You Play at ColossalBet?
ColossalBet Bet Types and Options Available in Australia
You have access to a broad suite of markets when betting at ColossalBet. However, the exact number of markets for each sport will vary, with some options being more common than others. The most popular type of wager is a head to head. This requries you to back which team or player will win a game.
You’ll also be able to make multi bets with all markets, and in some cases, you may also be able to wager on some sports live. You may also want to make player props. These are wagers on events that don’t necessarily have to do with the outcome of a game, such as the first team to score. We’ve explained some of the top betting options below.
ColossalBet Bet | How It Works in Australia | Available On |
---|---|---|
Multis | A wager on multiple markets as a single bet. The odds are higher, with all selections needed to win. | All Sports |
Live Bets | This is a bet on a game that is currently in play. Can only be made over the telephone. | AFL, Baseball, Basketball, etc. |
Futures | A wager on the future outcome of a series of events such as the champion of a season. | AFL, Soccer, Basketball, etc. |
Over/Unders | A wager on whether a statistic for a game will be over or under the projected amount. | AFL, Gridiron, Soccer, etc. |
Handicaps | This sees the underdog given a handicap to even the playing field, making them more attractive to back. | AFL, Soccer, Basketball, etc. |
We tested the odds for all of these markets and found that the payouts are competitive with other major Australian bookmakers. We are satisfied with the betting options available at the ColossalBet sports platform and are confident that users will always be able to customize their wagers according to their preferences.
The ColossalBet Betting Features: Price Pump & BestDivs
There are several great features provided by the ColossalBet sports app that will keep you returning. The first of these is the Multi Builder. This allows you to easily build multis with an enhanced interface. You’ll also be able to take advantage of pre-built multis with reasonable odds. All of the available special features are as follows:
- MultiBuilder
- Price Pump
- Best Divs
The other is a price pump, which can be offered as a promotion or at random to returning customers. This will see the odds for certain markets enhanced so your profits are boosted. The best divs feature is available for Australian thoroughbred racing only. It will be settled in accordance with the middle tote.
While we are happy with the features available here, it does lack some that other major betting sites offer. Namely, the lack of an early cash out or live streaming of some sports events. Nevertheless, the features are still appealing, especially to horse and greyhound race bettors.
What Is The ColossalBet Sports Sign Up Bonus for New AU Bettors?
In July 2023, the Australian government outlawed welcome bonuses and rewards programs. For that reason, you will unable to claim a new player promotions when you sign up to this platform or any other licensed bookmaker in the country. This law was introduced to limit problem gambling harms.
- Interactive Platform
- Generous Bonuses
- eSports Betting Featured
While you cannot claim a ColossalBet sports sign up offer, you will regularly be able to find other promotions as a returning customer. These may be offered during special events or when you make deposits. We have discussed the available promotions in the following section.
ColossalBet Betting Promotions: Claim Bonus Cash
As a returning customer, you’ll be given frequent opportunities to claim promotions at ColossalBet. The most common is bonus cash. This could be given as funds that are matched to your deposit, and can be wagered on any sport or market. However, there may be minimum odds or wagering requirements to meet to convert these funds to cash.
Another promotion that is regularly offered is a price pump. Often called an odds boost, you’ll be able to use these on select markets to boost the odds and enhance your payouts. These are frequently offered for major sporting events such as the AFL Grand Final or throughout the regular season of popular sports.
ColossalBet Betting Promotion AU | Sports | Bonus | Offer Terms | Seasonal | Active |
---|---|---|---|---|---|
Bonus Cash | All Sports | Varies | Only available to eligible customers. Bet restrictions and T&Cs apply. | Available Year Round | Check Here |
Price Pump | All Sports | Varies | Only available to eligible customers. Bet restrictions and T&Cs apply. | Available Year Round | Check Here |
The ColossalBet Sports Promo Codes Available in Australia
You won’t be able to find a ColossalBet sports promo code to claim any promotions due to the current legal restrictions on bonuses. Instead, once you have created an account, you’ll be able to find any available bonuses through a special promotions page. You’ll then just need to click to opt in and meet any minimum deposit requirements.
Can You Bet at ColossalBeton Mobile from Australia?
Are you looking for a more convenient way to bet on sports and racing? Then why not download the ColossalBet sports app? This is completely free to download and is compatible on both iOS and Android devices. You can find a link to the app stores when you visit the site through your mobile browser.
- Android: Red Velvet Caske or Later
- iOS: iOS 11 Name or later
- Live Betting: No
- Live Streaming: No
We tested all versions of the mobile app and found that it was fast, stable, reliable, and easy to navigate. You’ll be able to find all available odds and markets with ease, as the platform has been designed for intuitive small screen navigation. It also provides access to all major features, including customer support.
There are plenty of advantages to using the app over the desktop platform, with the most obvious being that it is far more convenient. You’ll be able to easily bet while watching your favorite sports on the TV, make deposits and withdrawals, and build mutlis. We were impressed by the overall quality of this ColossalBet sports app.
The Deposit and Withdrawal Options for AU Players
There are several options available to facilitate deposits and withdrawals at ColossalBet. These include debit and credit cards, bank transfers, and cash. While deposits are processed instantly, withdrawal characteristics will vary. There are no fees charged on any deposit. To make a deposit, head to the My Account page, click Deposit, and choose your desired method and value.
ColossalBet Payment Method AU | Min Deposit | Withdrawals | Fees | Mobile App |
---|---|---|---|---|
Mastercard | $10 | Yes | Vary | Yes |
Visa | $10 | Yes | Vary | Yes |
Bank Transfer | $10 | Yes | No | Yes |
BPay | $10 | Yes | No | Yes |
If you wish to deposit with Cash-In, you can use find your nearest retailer within the cash-in feature. It’s also worth noting that you can set deposit limits. As for withdrawals, you are only able to use Visa and Mastercard and bank transfers. Withdrawal requests are processed Monday to Friday and can take up to three days to reach your account.
There is a minimum $10 transfer limit for both deposits and withdrawals. As this ColossalBet sports review has covered, this site is legitimate and licensed, so you can rest assured knowing that your transactions are secure. While we are satisfied with the options available, it would be convenient if payments with eWallets such as PayPal were also supported.
ColossalBet Company Info: A New and Reliable Betting Option
ColossalBet is owned and operated by Ryman Racing Pty Ltd. This company is headquartered at the Royal Randwick Racecourse, which is Australia’s longest-running race venue. It is located in Sydney and is famous for hosting the Everest, which is the richest turf race in the world. It also hosts the Australian Derby and Sydney Carnival.
Company Name: | Ryman Racing Pty Ltd |
---|---|
Established: | 2021 |
Headquarters: | Randwick, NSW |
Phone: | 02) 7908 6250 |
Email: | support@colossalbet.com.au |
It is clear to see, then, why the sportsbook provides such a great betting experience for horse race bettors. ColossalBet is the only gambling site operated by the company, and considering its relatively young age, it still has some ways to go to be a major competitor against other well-established sites as it is only operating in Australia.
It has not yet won any industry awards, and it does not sponsor major sports events outside of those at the Royal Randwick Racecourse. Nevertheless, it holds a gaming license so is verified to meet strict local regulations surrounding fairness and player safety. We’ve explored this in further detail below.
Licensing & Security Features in Australia: A Safe and Secure Site
The first thing that we did before undertaking this review was confirm that it holds the relevant gaming licenses for legal operation in Australia. It has been approved by Racing NSW in addition to the NSW Office of Liquor, Gaming and Racing, which indicates that it meets the regulators’ strict safety, security, and fairness mandates.
In order to be approved, the site has had to implement SSL encryption technology, which in this case has been provided by Amazon RSA. This prevents hackers from accessing customers’ sensitive data. Furthermore, it prevents minors from creating account with the KYC customer identity verification process. This is also used to prevent money laundering and protect site integrity.
Finally, the site has proven a strong commitment to responsible gambling. It includes the BetStop feature, which is a self-exclusion registry. Players will be able to find problem gambling support through GamblingHelpOnline too, which is a free online resource whereby people can find free counselling and other support.
All Countries in Which ColossalBet Sports Is Available
ColossalBet is available in no other countries. This is not surprising, as it is operated by a local racecourse. The site is only available in English. Keep in mind that if you travel, you will be prevented from accessing the site due to geoblocking technology. If you travel frequently, you may want to consider other options.
Reviewer’s Opinion – A Great Site for Race Bettors
To conclude this ColossalBet sports betting platform review, we can state that this is a well-rounded platform with a lot to love. There are fair and competitive odds for 20 sports, including the AFL, soccer, and cricket, with live betting also available. The web platform itself is robust and stable, and this extends to the mobile apps too. There are a wealth of great features, especially for race betting, and return customers will be able to access regular promotions.
Before you sign up, we suggest that you consider our list of advantages and disadvantages. As you will see, there are some cons to this site that must be considered. For example, the lack of eWallets as a payment method is somewhat disappointing, as these tend to be very convenient. There is also no early cash out option, nor is there any live streaming options. Regardless, we’re satisfied that this will still appeal to most bettors.
Frequently Asked Questions From Australian Betting Fans
If you didn’t have time to read this whole page but are looking for fast answers to your ColossalBet queries, keep reading. Here, we’ve addressed some commonly asked questions about the platform, from the legality of the site to the betting options. For more details, click on the links in each answer to jump up to the relevant sections.