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Best Betfair alternatives
Checked
The best Betfair alternative for most people in Australia is bet365. bet365 publishes the most detailed Australian election rules we found, settles seat markets on the AEC's Declaration of Poll, and answers by chat and phone 24/7.
Detailed Australian election markets: bet365 publishes rules for seat totals, two-party preferred vote share and a hung parliament.
Faster payouts and 24/7 help: PointsBet says most withdrawals arrive within 30 minutes, and answers by chat and phone around the clock.
Prices shown as probabilities: Bet Right's InfoMarket shows yes/no prices in cents, like a prediction market, though each trade is a bet with the bookmaker.
The best Betfair alternatives in Australia
Rank #1365
bet365
Most detailed election markets
8.5 /10
bet365 publishes the most detailed Australian election rules we found, settles seat markets on the AEC's Declaration of Poll, and answers by chat and phone 24/7.
Type
Bookmaker (fixed odds)
Event markets
Australian, UK and US elections; Eurovision, weather and TV specials
Commission or margin
Margin built into the odds (not published)
The most detailed Australian election rules we found, from seat totals to a hung parliament
Specials beyond politics: Eurovision, weather and reality TV
Chat and phone support 24 hours a day
Visit bet365 bet365 review 18+ · Advertising · On ACMA’s register · Operator: Hillside (Australia New Media) Pty Ltd
Rank #2PB
PointsBet
Quick withdrawals
7.8 /10
PointsBet publishes politics, entertainment and novelty rules, pays most withdrawals within 30 minutes and has 24/7 support.
Type
Bookmaker (fixed odds)
Event markets
Elections, US and UK/European politics, entertainment and novelty
Commission or margin
Margin built into the odds (not published)
Most withdrawals reach your bank within 30 minutes
Published rules for elections, politics, entertainment and novelty markets
Bet Right's InfoMarket shows outcomes as yes/no prices from 1c to 99c, the nearest look to Polymarket in Australia; legally each trade is a fixed-odds bet with Bet Right.
Type
Bookmaker with exchange-style yes/no prices (InfoMarket)
Event markets
Sport, Bitcoin and Ethereum prices, politics where approved
Commission or margin
Prices in cents (1c–99c), margin included (not published)
Prices shown in cents, as a market-implied probability, the nearest look to Polymarket you'll find legally
You can sell a position before the result, through a cash out
Licensed by the Northern Territory, with both its sites on ACMA's register
These aren’t in our top 5, but they can make sense in specific situations.
TAB
Tabcorp's TAB is licensed state by state; its NSW betting rules allow election and novelty markets, except on NSW state and council elections. We haven't reviewed it yet.
Why Polymarket isn't an alternative
Polymarket holds no Australian licence, ACMA has put polymarket.com on its list of blocked illegal gambling websites, and Polymarket itself lists Australia among the countries it restricts. Offering unlicensed betting to people in Australia breaches the Interactive Gambling Act.
Stick with Betfair if you want to trade outcomes against other punters, lay as well as back, and pay a published commission instead of a bookmaker's margin.
What is the best alternative to Betfair in Australia?
bet365 for detailed Australian election markets and 24/7 support, or Bet Right's InfoMarket if you want prices shown as probabilities.
Is there another betting exchange in Australia?
No. The NT Wagering Commission's 2025–26 annual report lists one betting exchange brand, and Betfair calls itself Australia's only online betting exchange. Every other licensed option is a bookmaker.
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