Punt123 Review & Exclusive Code: GOBET500

Punt123 Rating: Punt123 Review by GoBet Use Code: GOBET500 Go to site

What is the Punt123 Sign Up Code?

GoBet’s Punt123 referral code or affiliate code is GOBET500 and you can apply this code during the signup process at Punt123.

We arrived late to the Punt123 party – but we’re here now, complete with a betting site and mobile app review. 

As always, we’ll take a deep dive into its features, odds and payment methods, plus other useful information like support channels. Then, to wrap up, we’ll explain how to register – though it’s incredibly simple at this user-friendly site – and answer a few frequently asked questions.

Punt123 at a Glance

A Brief History of Punt123

The Punt123.bet website didn’t launch until 2022, but its history can be traced much further back. 

It’s officially operated by Punt 123 Pty Ltd, a business registered with ABN 79 652 754 464 in August 2021. However, that company is owned by Michael Harrak, who’s been a licensed bookmaker for more than 15 years, working the tracks around Victoria and beyond.

Is Punt123.bet a Trustworthy Betting Site?

Absolutely. Aside from Michael Harrak being a well-known and respected rails bookie, Punt123 is completely legal and above board. 

For starters, it’s licensed by the Victorian Gambling and Casino Control Commission. It also adheres to the South Australian Gambling Code of Practice and is affiliated with BetStop, the national self-exclusion register.

The platform is supplied by BetMakers, a white-label software developer used by several other bookies down under. These guys only work with licensed and trustworthy operators, including the likes of CrownBet, MarantelliBet and Next2Go.

Punt123 Online Betting Platform Review

The BetMakers platform is a bit more high-tech than some white-label software, which allows Punt123 to offer some nice little features. You can cash bets out early, for instance, and live streams are available for horse and greyhound races. 

Something else we liked is the “Singles Mode” toggle behind the cog symbol. With this feature active, clicking the odds of a selection immediately opens the betslip, making it easier to place a single bet. You can still create multis, of course – it just optimises the design for singles.

Punt123 is yet to add any esports betting opportunities. This won’t be an issue for most Aussie punters, but it would still be good to see. Try Pointsbet if that’s something you’re interested in.

Highly Competitive Odds 

There’s usually more than 20 sports from around the world, with fairly broad coverage on Australia’s favourite competitions. The odds are excellent, too – expect to see some of the country’s best prices on AFL, NRL and T20 cricket games.

If you look at big-name betting sites like TAB and Sportsbet, their AFL win lines are set to 105%. That’s a 5% margin for the bookie, which is just the same as Punt123. But try elsewhere, and that margin grows – meaning worse odds. 

Smaller sites like BetNow and EpicOdds, for instance, bet to 107% on the same games. Neds and Ladbrokes are 106%.

Not Just Footy

You’ll see the same pattern across the entire site. NRL and international T20 cricket win lines, for instance, are also priced to an extremely competitive 105%. 

Even the soccer odds aren’t bad, with 1X2 lines set at 107.5%. There aren’t many Aussie bookmakers taking a smaller cut – some are as high as 115%.

By the way, the minimum bet is just $0.50 for all markets, so you don’t need especially deep pockets to get involved. Everyone’s included, and responsible gambling is encouraged.

Payment Methods at Punt123 

On a similar note, the minimum deposit requirement is just $10. You can fund your Punt123 account via several options, as shown in the table below:

To request a payout, you’ll need a balance of at least $20. Although we’d prefer that figure to match the deposit amount, it’s not unreasonable. 

There are no additional fees involved, whether depositing or withdrawing. Well, unless you’re requesting payment to an international bank account, that is – in which case there’s a $25 charge.

Withdrawal speeds are decent – submit your request before 5pm and the payment will arrive the following morning. Transactions initiated after the cutoff require two days. Unless there’s some kind of issue, it almost never takes longer than that. 

Is There a Punt123 Mobile App?

Yes, there certainly is a Punt123 sports betting app – two in fact. Both the Apple and Android versions are officially approved by their respective marketplaces, where user feedback has been excellent so far. 

In the App Store, the iOS software is currently one of the country’s top-rated mobile apps, scoring an impressive 4.8 out of 5. 

Its Android counterpart is only slightly behind at 4.7, though admittedly, there’s been far fewer ratings. At the time of writing, there were just 23 reviews on Google Play, compared to 167 in the App Store.

Punt123 Promo Codes

If you’re searching for Punt123 bonus codes, we have some bad news – there aren’t any. There’s no welcome bonus here, and the ongoing promotions are fairly standard issue.

You can also use the referral code GOBET500 to help support our work. It’s not a bonus code, as this type of promo is not allowed. So there’s nothing tangible in it for you, sadly – but it might make you feel warm and fuzzy for helping us out.

Customer Support at Punt123 

We’re approaching the end of our Punt123 site review, so let’s quickly talk support. You’re limited to email and live chat, but the agents are responsive – especially on chat, where there are no annoying AI bots to deal with.

Live help is available between 9am and 10pm. That’s better coverage than some sites, but we’d still prefer a 24/7 service. Outside that window, you can email support@punt123.bet, or just leave a comment in the chat for an agent to pick up in the morning.

There is a telephone number, but it’s not for support – they’ll help you close your account, if you want to do that, but nothing else. 

How to Create a Punt123 Account

Like what you’ve seen from this Punt123 review? Here’s how to sign up:

1. Type Punt123.bet into your browser or use a link on this page
2. Click the button marked “Join” in the top-right corner
3. Provide your name, DOB and contact information 
4. Tap “VERIFY DETAILS” to complete the process

One of the best features of Punt123 is how little time it takes to register. After providing your details, the site will automatically verify them, usually taking less than ten seconds. From there, you’re free to deposit and bet as you wish.

In the event of a mismatch, you’ll be prompted to contact support and provide identity documents. Be aware that it can take up to 24 hours to receive an email reply.

Punt123 Review – Final Verdict

We really like Punt123. Yes, it looks the same as every other bookie on the Betmakers platform – but we like all of those sites, too. They all boast an intuitive user interface, and Punt123 has a few natty features built-in that mean we’ll definitely come back.

It’s mostly about the odds, though, really. If you’re sick of the big-name sites like Sportsbet failing to pay, or you just fancy something a bit different, you could do far worse than Punt123.

Its prices are consistently towards the top-end, particularly on Australian football, rugby and cricket, and payouts rarely take longer than 24 hours.

Punt123 FAQs 

Who owns Punt123.bet?

The website is operated by Punt 123 Pty Ltd, a business owned by long-time rails bookmaker Michael Harrak. Although Punt123.bet only launched in 2022, Harrak has been licensed to accept bets for more than 15 years. 

How do I download and install the Punt123 betting app?

To acquire the Punt123 sports betting app, use one of the two buttons at the bottom of the homepage. Don’t try to install the iOS version if you have an Android device, or vice versa.

What is the Punt123 welcome bonus code?

The regulations in Australia are strict, so you won’t find a Punt123 promo code for new registrants. There are several ongoing promotions for existing players, but they don’t require a bonus code. 

Does Punt123 have any bonuses and promotions?

Yes, regular punters can enjoy a series of ongoing offers. These include all the standard promotions and specials on selected races. The latter is perhaps the most common type of Punt123 offer.

Is there a Punt123 friend referral code?

Because Punt123 doesn’t have a friend referral program, you won’t find a code that results in a bonus. You can, if prompted, use our referral code GOBET500, though. This helps support us as we continue to produce betting content for you.

How do I reset my Punt123 login and password?

On the Punt123.bet homepage, click “Log In”, followed by “Forgot Password”. Enter the address used when signing up, then press “SEND EMAIL”. You’ll be sent further instructions, so check your inbox to regain access to your Punt123 account.