XcelBet-review XcelBet Rating: XcelBet Review by GoBet Use Code: GOBET600 Go to site

What is the XcelBet Sign Up Code?

GoBet’s XcelBet referral code or affiliate code is GOBET600 and you can apply this code during the sign-up process at XcelBet.


XcelBet Review

Launched in March 2026, XcelBet is the online operation of Dave Dwyer, the popular NSW-based rails bookmaker. It offers sports betting and racing markets via the white-label Punterstech platform. But is it any good?

To answer that question, our XcelBet review takes a detailed look at the platform. We’ve compared the odds to other Aussie bookies, but you’ll also learn about payout times, bonuses and support channels.

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XcelBet at a Glance

Launched2026
LicenseLiquor & Gaming NSW
Number of Sports15+
Horse RacingYes
Greyhound RacingYes
EsportsNo
Live StreamsNo
CashoutNo
Multi BuilderYes
Mobile AppYes
App Store: 3.5*
Google Play: Unrated
Minimum Deposit$10
Minimum Withdrawal$20 
Withdrawal TimesInstant to 72 hours
Customer SupportLive chat: 7am to 12am
Email: support@xcelbet.com.au

A Brief History of XcelBet

XcelBet is the latest online venture of Dave Dwyer, a legendary on-course bookmaker in the Sydney area. He previously ran the DaveBet website from 2022 until February 2025, when the site closed due to issues with the platform provider.

However, in March 2026, Dwyer returned to the online betting scene with XcelBet.com.au, a brand new betting site built on the Punterstech software.

Name XcelBet Website URL xcelbet.com.au Country of origin Australia Established 2026 Min. Deposit $10
Website/App Design 9.0/10
Weekly Promotions 9.0/10
Customer Service 9.5/10
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Pros

User-friendly app and website Weekend payout processing Decent odds on most sports Impressive loyalty program

Cons

No esports betting markets Can’t watch racing streams Few promotions

Is XcelBet a Trustworthy Betting Site?

Dwyer is certainly a trustworthy operator. He’s well-known around the country’s racetracks and has a good reputation in the betting ring. The closure of his last online operation wasn’t his fault – the platform provider chose not to work in Australia any more. 

As for XcelBet, the site is licensed by Liquor and Gaming NSW, and its operations are governed by South Australia’s Gambling Codes of Practice. It’s secured by the latest encryption protocols and a variety of player protection tools are available, including deposit limits and self-exclusion.

Dave Dwyer is a member of the NSW Bookmakers’ Co-operative. That organisation vows to make good on the bets of its members, should they run into financial difficulties. 

XcelBet Online Betting Platform Review

As we mentioned, XcelBet is a Punterstech site. This experienced provider’s software is definitely easy to use, which is why so many other bookies chose to use it. 

However, it does mean that XcelBet looks pretty much identical to dozens of other betting sites, such as BearBet, BetBunker and Star Sports Australia. It also makes it difficult for bookies to innovate, as they’re beholden to their platform provider. So don’t expect cool features like cashout or esports betting.

Racing Focus

Instead, XcelBet takes a more traditional approach, focusing mostly on thoroughbred, harness and greyhound racing. As you’d expect, the domestic coverage is excellent – but so is the international racing product. 

All the usual bet types are offered, including Quinella, Exacta, Trifecta and Quaddies. You can also build Same Race Multis.

Competitive Sports Betting Odds

Alongside the racing product, XcelBet covers more than a dozen sports. The market depth is reasonable, giving you all the betting opportunities you’d expect, plus a few more. But it’s nowhere near as comprehensive as the biggest bookmakers, like Ladbrokes, TAB or bet365.

The odds are surprisingly competitive. XcelBet rarely offers the best prices in any given market, yet they’re consistently towards the top end. Win lines for most sports are set at 106% – that’s the same margin used by Neds for NRL games and Unibet for AFL.

One-off Prices

However, from time to time, you’ll find the odd footy win line priced closer to 104%. That’s far better than every Aussie betting site – they rarely go lower than 105%. 

We haven’t spotted a pattern to this, though. Perhaps it’s a promo that’s not clearly advertised, but it might just be pricing errors by the odds compilers.

Payment Methods at XcelBet.com.au

Next up in this XcelBet betting site review, we’re talking payments. Like most Punterstech sites, the deposit and withdrawal methods are limited to the most obvious options. See the table below for details.

Payment MethodDepositWithdrawal
Debit Card
PayID
Apple Pay
Bank Transfer

Withdrawals are fairly quick. XcelBet processes payout requests twice a day, every day – including weekends. They use Osko, so the money should hit your account within seconds of being released.

However, the payout cut-off times are 7am and 6pm, so you’re not really likely to get the money instantly. But you’ll rarely wait more than 12 hours, which is still fast compared to other bookies down under.

Is There a XcelBet Mobile App?

There is an XcelBet sports betting app for Apple devices. It’s currently rated 3.5 out of 5 in the App Store. But it’s also quite new, so that score comes from just 13 reviews. 

Several comments refer to the app’s usability, and how it’s “easy to navigate”. That certainly tallies with our experience.

According to the XcelBet website, there’s also an Android app, but we couldn’t find it on Google Play. Maybe this was just a temporary issue – the homepage clearly features a link to both the App Store and Google Play. It seems unlikely they’d do that by mistake.

xcelbet betting app screenshots

XcelBet Bonus Codes

If you arrived at this review looking for XcelBet promo codes, you’re about to be disappointed. The National Consumer Protection Framework for online wagering makes it extremely difficult for bookies to run such promotions, so betting site sign up codes are a dying breed.

We have a referral code – GOBET600 – but honestly, there’s no reward for using it. Affiliate codes like these help websites like ours to stay alive. If we’ve ever tipped you a winner, or you find our reviews useful, please consider supporting us.

Limited Promos

XcelBet claims to offer promotions, but we’ve not seen much beyond the bare minimum. Online feedback suggests our experience is common. 

XcelBet does have a loyalty program, though, so perhaps this is where the better promotions for existing customers really kick in. As the site is still so new, we haven’t used it for long enough to benefit from the rewards system. However, we’ve heard it’s very good.

Customer Support at XcelBet 

With no telephone number, you’re limited to email (support@xcelbet.com.au) and live chat. The latter is obviously the quickest way to get assistance during the day, as email replies can take several hours. However, it’s only operational from 7am to midnight Sydney time.

That said, live support for 17 hours a day is pretty good. You only really see the big international sites like bet365 offering 24/7 chat. You’re lucky if you get 12 hours coverage from most Aussie-based bookies.

We’ve only contacted XcelBet support a couple of times, but they always respond instantly on live chat. There’s no irritating AI nonsense – a human will pick up your query in a matter of seconds.

How to Create a XcelBet Account

Before we wrap up our XcelBet review, here’s a quick guide to signing up:

  1. Load XcelBet.com.au in your browser – use a link on this page
  2. Tap the orange “Join” button at the top of your screen
  3. Complete the form with your name, address and contact info
  4. Agree to the terms and confirm your marketing preferences
  5. Click “Create Account” to finish signing up

There’s nothing more to the registration process than that, but you may have to contact support if the site can’t automatically verify your details. You’ll know if it failed, as you’ll see the  “Not Verified” message by your name.

XcelBet Site Review – Final Verdict

Dave Dwyer’s latest online venture looks like every other Punterstech site. Market depth is reasonable, across an average number and selection of sports. Although the odds are surprisingly competitive, they’re not as good as the big boys. 

But that’s not really what this brand is about. XcelBet doesn’t even try to impress you with promos or gimmicks. It’s built on old-fashioned principles like taking a bet, good customer service and timely, reliable withdrawals. And in those areas, it more than delivers.

XcelBet FAQs 

Who owns XcelBet?

XcelBet.com.au is owned by Dave Dwyer, a reputable Aussie rails bookmaker. Dwyer has been working the racetracks of NWS for more than 25 years, and previously owned DaveBet until its closure in 2025.

How do I download and install the XcelBet betting app?

You can install the XcelBet sports betting app directly from the homepage. Scroll to the bottom and click either the Google Play or App Store buttons, depending on your device’s operating system. 

What is the XcelBet welcome bonus code?

There isn’t an XcelBet promo code for new registrants due to the country’s strict laws around the advertising of sports betting platforms. 

Does XcelBet have any bonuses and promotions?

Yes. XcelBet claims to offer promotions, but it’s just things like fixed early prices. You’re more likely to find better XcelBet promotions around the big racing festivals, but it’s not the best site for regular promos for existing customers. There is an XcelBet loyalty program, however. 

Is there an XcelBet friend referral code?

No. You won’t find an XcelBet referral code because there isn’t such a bonus. Any codes you might have seen are affiliate codes. These help support the websites they belong to, but you won’t get a bonus due to Australia’s strict regulations. Our code is GOBET600.

How do I reset my XcelBet login and password?

Tap “Log In” next to the orange “Join” button at the top of the XcelBet.com.au homepage. Click the “Forgot login details or password?” link, then provide the phone number or email address used to register. You’ll receive instructions on how to regain access to your account.

Dominic Field
Bookmaker Reviewer

A former gambling industry professional of 15+ years, Dominic Field is now a freelance online betting writer.

He’s launched and managed online betting sites and casinos on three continents, for some of the world's leading betting companies.

Dominic quit the corporate gambling world in 2021, returning to his first love - writing about sports betting and horse racing. He’s produced content for international gambling brands like BetMGM, Cardplayer.com, CasinoBeats, First.com, Natural8, Punters Lounge, Betseeker and GoBet.

When he’s not writing betting articles and bookmaker reviews, you’ll find him playing roulette, watching Sheffield United or sitting on a beach in the Philippines.