Crownbet

crownbet review

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Like many other domestic wagering agencies, CrownBet is licensed by the Northern Territory. The interesting aspect of the operation is how it came to be as it is today. Join today and receive a $500 First Deposit Bonus - Deposit $500 Bet With $1000.00

The agency was known as Betezy when it launched in 2005. Just a couple of years prior, in 2003, it had been run as bestoddsbet.com and was struggling to gain any traction in the early years of online wagering, a classic example of a great idea ahead of its time. It became Betezy when a bookmaker with the mysterious name of A. Kay took over the day-to-day management. 

Legal troubles with the Northern Territory licensing authorities cast the agency in a bad light in terms of public perception, along with ominous taxation issues emanating from the Australian Taxation Office. Not surprisingly, neither of these occurrences was good for the growth of the business. 

Enter Sportsbet founding partner Matthew Trip, who sold his interest in Sportsbet to buy Betezy in the first quarter of 2014. Tripp successfully resuscitated the operation. About a year later, in 2015, a merger with betting exchange Betfair enhanced the lustre of Betezy, but that was not the last word. 

International resort behemoth Crown Resorts International gained a two-thirds interest in the Betezy/Betfair concern and changed the name to CrownBet.

Hopefully, they will still be CrownBet by the time this review goes to publication, but things move at breakneck speed in the online world, maybe more so in the online bookmaking world. 

crownbet 400% BONUS BET


Despite our cautions about new member sign-up bonuses being poor criterions for selecting a betting agency, they seem to play a prominent role in the decisions of many punters, so we will not neglect to mention that CrownBet prominently displays a banner on their webpage touting a 400 percent first deposit match offer - Deposit $50 Bet With $250.00. 

CrownBet also offer a second join up offer for those punters who require a smaller bonus - CrownBet will match your first deposit of $100 with $100.00 in Bonus Bets so you can start betting with $200.00. Click Here for this offer.

They have reasonably modest turnover requirements for that bonus, only 1 x times at odds of 1.50 or more. They do permit the bonus to be split over various wagers.

CrownBet accepts credit cards, Visa and MasterCard that is, POLi PayPal and BPay for funding. Bank transfers are accepted, just so you know. You can also mail CrownBet a cheque, if you still have those relics from the 19th century. All of those options, as of mid-2016, require a minimum deposit amount of $5 AUD, the only currency in which CrownBet trades. 

There are no fees attached to deposits by CrownBet and no dormant account fees, but be advised that certain banks will charge whatever fees they can, real or imaginary, and certain banks will not facilitate direct deposit due to restrictions imposed by those banks on gambling companies. 

Regarding withdrawals, simply reverse the deposit methods, but the most efficient way to go about it is to obtain a prepaid CrownBet Visa card and have your winnings loaded on that card, then you can go about spending your gains anywhere the Visa card is accepted, or you can utilise the services of one of those new-fangled cash dispensing robots that are everywhere. 

However, you choose to claim your funds, the minimum withdrawal amount is $5.00.

We next explored the CrownBet website to determine minimum bet sizes. We digress briefly for our latest rant. 

We would expect to find pertinent information such as minimum bet size, maximum wins, minimum bet for live telephone betting and other things of that nature on the Support tab under the heading of FAQ. We found nine questions and answers there, but none of the questions were ones we would ever bother to ask once, let alone frequently. We would speculate that the most frequently asked question regarding the FAQ section is: Who thinks these things up?

We are not singling out CrownBet. They, and just about every bookmaker, and for that matter, most websites we visit, devote efforts to providing FAQs of near zero value. Whew!

We thought we had struck pay dirt for minimum bet information on the Betting Info tab of the Support section. An icon labeled Minimum Bet Update took us to a page where we learned that CrownBet is the first corporate bookmaker to adopt a nationwide minimum bet limit for Australian thoroughbred racing. That policy states that they will accept all bets from customers that if successful, will supply a maximum payout of $1000. The chief provision to this policy is that the bet must be placed a minimum of 30 minutes before the race start. 

As you might expect, when we clicked on an icon offering a Minimum Bet Update, we were expecting something other than what we got. 

We attempted to locate the information we sought by clicking another icon in the Betting Info section. This one was labelled How to Bet FAQs. The information contained there was worthwhile, although it was not presented in a question/answer format. There were two videos there describing how to place a racing trifecta bet on the website and how to do the same on the mobile apps. 

After more effort than we felt necessary, we scrolled down to the very bottom of the CrownBet website and found a tiny text link labeled Terms and Conditions. It was here that we discovered that as of mid-2016, minimum website bets are $0.50, racing bets via telephone are $50 and sports bets placed via phone are $20.00.

Whilst visiting the Terms and Conditions section in hopes of discovering the answer to what apparently CrownBet (and many others), categorise as Infrequently, or Never-asked Questions (INAQs), such as how much we could win or what is the most we could wager, we encountered a labyrinthine tangle of legalese jargon. Again, we are not singling our CrownBet; this sort of thing is everywhere, online banking sites, retailers and just about everyone else you might care to mention. We came away empty handed so far as our two questions were concerned. We noticed that under the Sports Rules, there are 26 sets of rules for everything from Aussie Rules, right through the alphabet to Volleyball. 
   
CrownBet does offer online support in the shape of an email contact form and they do offer live chat at certain hours and a telephone number as well. We recommend contacting them via the online methods, asking the pertinent questions, and maintaining the written response as a fallback should you ever need to dispute a difference between the information received and the results of any actual wagers. 

CrownBet does offer credit facilities. 

CrownBet Website and Mobile Apps


Although it may come off as if we are negatively disposed toward CrownBet, this is not the case. We say what we say in order to make our readers aware that it does require patience and diligence to gather the information that will result in reasonable punter expectations and eliminate unpleasant surprises. 

Our impression of the CrownBet website and iPhone and Android mobile wagering platforms is very favourable. We found the three-column layout that we know and love. The fonts were clear and sharp and the colours and page backgrounds were pleasant. Even a visitor from another planet, a dreary, barren planet with no online wagering websites, would be able to get punts on in mere minutes on the CrownBet website and mobile apps. 

As lovers and pursuers of deals and free things, we found 15 active promotions on the website, although one of those was an icon for the CrownBet App and another was devoted to the ability to see live video streaming of some sport and racing events. There are promotions for racing, footy codes, tipping competitions and several other worthwhile perquisites. These are found under the Promotions tab at the top of the website as part of the CrownBet banner. 

One thing we could not help noticing is that the links for the mobiles apps, featured prominently at the top of most wagering websites, and required us to scroll to the bottom to choose from an iPhone app and an Android app. The rules of the game are that Android wagering apps must be downloaded from the bookmakers’ website-the Google Play store will not play. The instructions are fairly straightforward, but will require you to go into your mobile device settings to grant permission to accept downloads from unknown sources. For the iPhone app, the app is accessible in the App Store. 

Our conclusion regarding the wagering platforms of CrownBet is that they have done a worthy job and have no deal-killing negatives. 

CrownBet Turnover - Margin and Odds


After recently reviewing some international bookmakers, we were relieved to see one times turnovers for deposits and 1.5 times turnovers for bonuses. 

CrownBet comes in right at the average for margin at just under five percent for domestic and international sports markets. They are fairly level across the board, with a high of 6.3 percent for A-League soccer and a low of 4.2 percent for State of Origin. 

A side-by-side comparison of odds for the final round of the 2016 AFL season for CrownBet and Sportsbet revealed close similarities between the two. There were some intriguing variables. At the moment we looked at the Hawthorn versus Collingwood game, CrownBet would pay Hawks backers $1.20 head-to-head, while Sportsbet was offering $1.17. For those willing to toss some money away on the Tigers, CrownBet would pay back $4.60, while Sportsbet would reward Tigers backers with $5.10. 

This rather random, limited and unscientific approach to comparing odds simply points out the entertainment and economic value of shopping for the best deal.

Unique CrownBet Features


Being owned by a resort, CrownBet members, in addition to any other benefits they can secure, earn points toward stays at CrownBet resorts.

Conclusion


CrownBet would make a nice stand-alone option for the occasional punter. Low turnover, small account funding requirements, no dormant account fees and an easy-to-use wagering platform account for this opinion. A more active punter could consider CrownBet as an adjunct to other memberships, mainly for the fact that for this category of punter, low margins, superior odds and either no or limited restrictions on winnings take precedence over esthetics and convenience.
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