NextBet Review 2026: Racing, Sports and Custom Rewards

Australian Racing and Sports Betting

NextBet is an Australian bookmaker with a strong racing focus, customisable rewards and access to Draftstars daily fantasy sports. This NextBet review covers its main features, banking rules and account conditions for Australian adults.

The platform previously operated under the PlayUp brand. NextBet now combines racing, sport and fantasy contests within a shared wagering platform. Its main points of interest are Easy Form, Live Yard and Custom Rewards, alongside familiar fixed-odds and multi-bet products.

Our assessment draws on the supplied brand information, NextBet’s public website and help centre, its app listing and ACMA’s licensed-provider register. We have not deposited, placed a bet or tested a withdrawal. You can compare other bookmaker reviews through our sports betting section.

NextBet at a Glance

Custom Rewards and NextBet Perks

Custom Rewards lets eligible customers choose reward options that fit their interest in racing, sport or both. NextBet Perks offers a choice of rewards, with availability and conditions depending on the account.

This flexibility is the main distinction from a standard rewards menu. However, the options available to one account may differ from those available to another. Check eligibility, qualifying bet types, expiry dates and any exclusions before using a reward.

A reward does not make a bet risk-free or guarantee a profit. Compare its conditions with the bet you intended to place, rather than increasing your stake simply to qualify.

Racing Markets and Bet Types

Racing is central to NextBet’s platform. Its public race finder separates thoroughbred, harness and greyhound meetings, with Australian, New Zealand and international fixtures displayed where available.

The supplied product information describes fixed odds, tote, win and place betting, plus exotics and Same Race Multis. Availability depends on the meeting and market. Check the bet slip for the actual product, price and settlement rules before confirming a selection.

Easy Form

Easy Form uses colour-coded indicators for Ratings, Distance, Map and Tempo. The aim is to make key racing information easier to scan when comparing runners.

The app listing identifies Racing Central as the source of this analysis. Form indicators provide context, but they cannot predict a race result with certainty. Weather, track conditions and race-day changes can still affect a runner’s performance.

Live Yard

Live Yard adds pre-race mounting-yard observations. Its assessments cover a runner’s fitness, movement, behaviour, attitude and general presentation before the start.

This can complement historical form by showing how a horse presents on the day. Coverage may vary, and the observations should be treated as information rather than a guarantee that a runner will perform well.

Multi Exotics and Same Race Multis

NextBet’s supplied product guide includes Multi Exotics alongside quinellas, exactas, trifectas and First Fours. These products offer ways to structure several racing selections, with different rules and costs from a simple win bet.

Same Race Multis combine eligible finishing-position selections within one race. Supported events and combinations vary. Check the specific rules for scratchings, void selections and settlement, as these may differ from conventional exotics.

Sports Markets and Same Game Multis

NextBet covers major Australian sports such as AFL, NRL and cricket, alongside international competitions. Its public navigation also shows basketball, American football, soccer, tennis, ice hockey, baseball, combat sports and Formula 1.

Markets can include match winners, handicaps, totals and event-specific selections. The available range changes with the sporting calendar. An event appearing in the navigation does not mean every possible market is offered.

Same Game Multis combine eligible outcomes from one fixture. The supplied guide also lists Fast Same Game Multis. The bet slip determines which selections can be combined and the price available at that moment.

Multis require the relevant selections to succeed under the product’s rules. Adding legs increases the number of conditions that must be met. Our gambling glossary explains common betting terminology.

Live Betting and Cash Out

NextBet offers telephone betting for eligible live sporting events. Its terms say it does not accept in-play sports bets over the internet. The live-betting number is 1800 888 001.

Cash Out is available on selected eligible bets. It offers a return before the original market has finished, but availability and the amount offered can change. It may be suspended or removed, so it should not be relied on as a guaranteed exit.

Draftstars and the Shared Platform

Draftstars provides daily fantasy sports within NextBet’s wider wagering platform. Fantasy contests involve selecting a team under contest rules, with results based on player performances rather than a conventional fixed-odds bet.

The general terms say account restrictions and responsible gambling limits apply across NextBet and Draftstars. Opening or using another part of the platform does not provide a separate allowance. Review contest entry costs, scoring, prize distribution and withdrawal rules before taking part.

Website and Mobile Apps

NextBet’s website brings together the race finder, sports markets, promotions and account tools. Mobile applications provide another route to the platform, and the operator maintains a dedicated app-download page.

The Australian Apple App Store listing confirms the racing tools, Custom Rewards and integrated fantasy offering. We have not tested every app function or device, so this review does not assign a hands-on usability score.

Easy Form and Live Yard are particularly relevant to customers who want racing information alongside the market. Customers who prefer straightforward singles can still assess the basic racing and sports options without using every additional feature.

Deposits and Banking Options

The operator’s help centre lists the following funding methods. Deposit speed and withdrawal eligibility are separate matters.

These are published timings rather than results from our own transaction tests. Confirm the method-specific limits in the cashier and use a payment source in your own name. Debit-card support should not be described as credit-card acceptance.

Withdrawals and PayID Eligibility

NextBet advertises instant PayID withdrawals up to A$10,000 per day. Its help article adds an important condition: automatic enrolment follows two withdrawals processed through direct deposit. New customers should therefore not assume their first withdrawal will use instant PayID.

The same article says NextBet does not charge for PayID withdrawals. Verification, withdrawable-balance requirements and any payment checks still apply.

Direct-deposit withdrawals are paid on business days, excluding public holidays. Requests received by 4pm Sydney time are stated to be processed that day. Later requests move to the next processing day. Receipt can take up to a further day, depending on the bank.

The help centre distinguishes the displayed account balance from the withdrawable balance. Deposited money must first be turned over through wagering at odds greater than 1.01 before it becomes withdrawable. Check the Withdraw section for the amount currently eligible.

Licence, Verification and Player Controls

ACMA’s register lists Nextbet Pty Ltd, the nextbet.com.au website and the Northern Territory Racing and Wagering Commission. This confirms the Australian wagering listing for the brand reviewed here.

Customers must be at least 18 and satisfy identity and location requirements. Do not assume that access to Australian or New Zealand race markets establishes account eligibility from either country. The operator’s jurisdiction rules still apply.

NextBet’s responsible gambling policy describes deposit limits, temporary suspension and self-exclusion. The help centre also identifies BetStop as Australia’s national self-exclusion register. Limits and restrictions extend across the shared NextBet and Draftstars platform.

Set an affordable budget before betting, and keep gambling separate from household expenses. Our responsible gambling guide offers further information.

Customer Support

NextBet advertises customer support around the clock through live chat, email and telephone. The customer-service number is separate from the telephone betting line.

We have not conducted a response-time test. For questions about a reward, payment or settlement, keep the relevant bet reference and a copy of the applicable terms.

Pros and Cons

Frequently Asked Questions

Is NextBet licensed in Australia?

Yes. ACMA’s register lists Nextbet Pty Ltd and identifies the Northern Territory Racing and Wagering Commission as the licensing authority.

Does NextBet offer a welcome bonus?

Its help centre says no sign-up bonuses are offered. Eligible existing customers can view ongoing rewards after login.

What are Custom Rewards?

They let eligible customers select reward options that suit their racing or sports interests. Available choices and conditions depend on the account.

Are PayID withdrawals instant from the first request?

The help centre says automatic enrolment follows two direct-deposit withdrawals. It advertises instant PayID withdrawals up to A$10,000 a day once eligible.

Can I place live sports bets online?

NextBet’s terms say live sports bets are accepted through its telephone service rather than over the internet.

Is Draftstars a separate betting allowance?

No. The operator applies account restrictions and responsible gambling limits across its shared NextBet and Draftstars platform.

Our Verdict

NextBet offers a substantial racing and sports platform, with Custom Rewards and racing information tools as its main points of difference. Easy Form and Live Yard may appeal to customers who want more context while assessing a field.

The local banking options and advertised PayID service are useful features, provided customers understand the enrolment condition and withdrawable-balance rules. Rewards, multis and fantasy contests each have their own terms, so compare them on their practical conditions.

For Australian adults comparing licensed bookmakers, NextBet merits consideration for its racing tools, range of markets and shared fantasy platform. This is a research-based assessment, not a promise of returns or a report of tested payout speeds.

Reviewed on 16 October 2026. Features, payment rules and eligibility may change.