Centrebet review and bonus bet

Centrebet has a long and proud history of bookmaking in Australia. They were the first bookmaker to operate online in the country. In 2013, the Centrebet brand was purchased by William Hill, in a deal that also included the purchase of the Sportingbet business. For customers, there are no visible signs of William Hill's involvement, Centrebet continues to operate as an independent operation. They currently offer new customers bonus bets worth up to $200. Be aware that this is a matched first bet deal, whereas many bonus bets in Australia are matched deposit offers.

Centrebet free bet details

  • Centrebet offers new customers $200 in bonus bets
  • This offer is a matched first bet bonus
  • Residents of Vic, NSW, SA and WA are not eligible for this offer
  • Place first bet up to $200 and Centrebet will match it with a free bet up to $200
  • A free bet token will be credited to your account within 24 hours

Centrebet review

Centrebet is one of Australia's last remaining original online wagering brands. Despite being owned by William Hill, they serve their loyal customers and continually appeal to new ones. This is due largely to their sign up bonus and their array of betting products. Their CentreBest racing product is in some instances, a better value proposition than Best of the Best. In Australia, only Bet365 offers a similar bet type, whereby the customer receives the better of the fixed odds at time of placing a bet, or the official starting price. Centrebet horse racing customers are also able to place any form of exotic bet with the exception of the Big 6. They are a reputable, serviceable bookmaker and we highly recommend them.

Bonuses & Promotions

Once upon a time, Centrebet were at the forefront of aggressive push by online betting agencies to offer their customers weekly bonuses and promotions. Whilst they still do offer their customers sports promotions, they are not as aggressive as leaders in this space like CrownBet. Nonetheless, it is worth checking in to see what they are offering each week, their promotions usually mirror that of their parent brand William Hill.


Centrebet's 'CentreBEST' racing bet type is a great product for the serious racegoer. Punters receive the better of: the fixed price at the time of betting, or the best of 3 totes. This bet type is a particularly good option for bets placed long before the race start. Centrebest can often pay a higher dividend than 'best of the best'.

For example, if you like an outsider on a Saturday morning you can lock in a fixed price of say $21. If one of the 3 totes pays higher than $21 eg. $28.80, you will receive the $28.80! This is a very handy bet type to use well before the start of a race if you believe your selection represents very good odds and is likely to be backed in.

Hour of Power

Every Friday afternoon Centrebet posts special odds on certain events. The odds are usually very generous and this is a great way to take a bet, which is guaranteed to pay well if your selection is correct.

You usually need to place your bet between 2pm - 5pm on a Friday afternoon to take advantage of these offers. The beauty is you are able to view the offers in advance on our blog so you just need to remember to log in during the Hour of Power to place your bet.

Best Tote Exotics

Centrebet is offering Best Tote EXotics throughout the Spring Racing Carnival. This means you can place a quaddie with Centrebet and be paid the best dividend from the 3 totes! This ensures you can maximise your returns throughout the Spring Carnival.

Protest Payout

Centrebet has joined the growing band of bookmakers to pay out if your horse is first past the post but subsequently loses in a protest. This promotion applies to single win bets.

Starting price guarantee

Similar to the CentreBest product, the starting price guarantee pays the better of the fixed odds at the time of betting of the official starting price. It is usually only valued in the 30 minutes prior to the start of a race.

Pick Your Own line

Centrebet also offer the Pick Your Own Line bet type. This product allows you to select the line that you believe is most appropriate for a given match. The product has revolutionised line betting and is now available on the Centrebet mobile site.

Pick Your Own Field

Another bet type unique to Centrebet is the Pick Your own Field product. It allows you to select your own horse field from within the official race. You then select the winner from your selected field at the adjusted odds.


Money Back Specials

Centrebet offers money back specials on a variety of sports and horse racing. The bonus specials vary from week to week and are posted on our blog and at Centebet.com

Mobile Betting

Mobile betting is available at Centrebet.com. If you have an iPhone you can download the app from the Centrebet website. You can now use the popular Pick Your Own Line product on your phone or tablet.

Centrebet Turf Wars

Centrebet ran the hugely popular Turf Wars free tipping competition up until 2012. To find out more about this free tipping competition see our dedicated Centrebet Turf Wars page.