Written by:
Damjan Jugovic Spajic
Fact checked by:
Alex Windsor
Updated:
December 12, 2023

The Best POLi Betting Sites in Australia

Best POLi Betting Sites in Australia

POLi is one of the most popular payment methods at Aussie betting sites as it supports secure (no need to share your online banking details), virtually instant deposits and withdrawals via your bank account. Stick around as we reveal the best Aussie betting sites that accept POLi and explore how this innovative online payment service works and why Australians can’t get enough of it!

Update: POLi is no longer operating in Australia as of 30 September 2023 after major Australian banks stopped accepting the payment method. However, Aussies can still deposit instantly to sports betting platforms directly from their online banking account thanks to PayID, which has taken over POLi. PayID is supported by all major Australian banks, has been integrated into their online banking platforms, and offers instant free bank transfers. To use PayID, you log into your online bank account, hit the pay button, enter the merchant’s email or PayID number and type in the amount you wish to transfer.

Online Betting Sites Accepting POLi

POLi online payment system allows you to bypass middlemen and send/receive money directly via your bank account. Deposits are always free and instant, and withdrawals only take a few hours to process and come with a super low max fee of $3. Also, this payment method is very secure as you never have to share your bank account details with the bookie. POLi’s popularity means it is widely accepted by Australian online bookmakers.

How POLi Online Betting Works in Australia

POLi is Australia’s version of Trustly and was launched way back in 2006 by Australia Post. This online payment method allows you to make purchases online directly from your bank account without using a card or entering your bank details.

POLi was a popular payment method in Australia because, prior to POLi, bank transfers took days to complete. You also had to waste your precious time entering bank details, not to mention there were security issues about sharing your personal details with betting sites.

POLi solved all of these issues by allowing you to securely connect to your online banking platform and instantly transfer money from your account to the online bookmaker. With POLi, you cut out the middleman and don’t have to reveal your bank details to the online bookmaker.

How POLi works on an Australian betting site is you simply select the POLi payment method and type in the amount you wish to deposit. Then, you are taken to the POLi website, where you select your bank and log into your bank via POLi. Once you have logged in, you simply confirm the transaction, in the blink of an eye, the funds are moved from your bank account to your sports betting account.

Best POLi Betting Sites Australia

These are the best POLi betting sites in Australia that not only offer instant POLi deposits and withdrawals but also have world-class markets and odds for 20 + sports:

  1. Sportsbet
  2. Unibet Australia
  3. bet365
  4. Ladbrokes Australia
  5. PlayUp

Even if they have stopped accepting this payment method, you can bet with them using PayID, PayPal, BPAY, and other popular banking methods.

🥇Sportsbet

Sportsbet has markets for 25 + sports, including in-play betting for every single AFL and NRL match throughout the season. They also consistently have the best odds for major US sports like NBA, NFL, and MLB. Sportsbet provides expert racing tips and even mentions some great value bets.

At this legendary Aussie betting site, you can deposit as little as A$5 via POLi and also cash out just A$10. You can withdraw up to A$100,000 within 24 hours, and Sportsbet does not shy away from taking big action, offering a max win of A$500,000!

Unfortunately, sign-up bonuses have been banned in Australia, but Sportsbet still rewards players with lots of free bets via email and SMS. So make sure you sign up to all of their marketing material and budget customer support for extra free bets!

Pros

Cons

🥈Unibet Australia

Unibet has incredible horse racing odds and 30 + sports, including great handicap markets for soccer. They have an incredible mix of local Aussie sporting events combined with the biggest international games. You can also live stream in HD 400 + events every single week!

At Unibet, you can deposit just A$10 via POLi, and they have a min withdrawal limit of only A$10. The max deposit via POLi is A$10,000 and you can bet as little as A$0.10 per game. Unibet is constantly running different promos, including odds boosts and free bets. Subscribe to their marketing emails to pick custom free bet offers now!

Pros

Cons

🥉bet365 Australia

bet365 is famous for their soft odds, and it is easy to get lost in their endless markets. This renowned British bookie is famous for their handicap betting opportunities, especially on EPL games. They have markets for every sport imaginable, including great live betting for cricket and tennis. bet365 is also loaded with features like live streaming, early cashout, and same-game multis.

At bet365, you deposit as little as A$5 via POLi, and withdrawal limits are also reasonable at A$10. They process deposits instantly and withdrawals in just a few hours, which is great if you are itching for a bet. Register at bet365 now and take advantage of their odds boosts and free bets for existing players!

Pros

Cons

🎖️Ladbrokes Australia

At Ladbrokes, you can sign up and get verified in 60 seconds. Then, you can deposit as little as A$10 instantly via POLi. They will also accept up to A$500,000 in a single deposit via bank transfer! Also, you don’t have to worry about your money getting stuck as they process POLi withdrawals as low as A$10 in under 4 hours.

Ladbrokes is famous for their live betting markets with thousands of weekly events on offer, including NRL, NBA, EPL, AFL, cricket matches from all over the globe and all of the biggest horse races. Ladbrokes has a fantastic mobile app, and their 24/7 customer support is always ready to assist you.

Join Ladbrokes right now and take advantage of their generous daily betting promotions, including odds boosts on all of your favourite sports!

Pros

Cons

🏅PlayUp

PlayUp is a 100% Australian-owned sports betting site that has a lightweight dedicated app for iOS and Android. They undercut the other major bookies by offering market-beating odds and have fantastic betting options for the AFL, NRL, NFL, NBA, A-League and 20 + other sports.

This Aussie bookie is loaded with features like same game multis, 24/7 customer support and an easy-to-use website. At PlayUp, the min deposit for POLi is A$10, and so is the min withdrawal. PlayUp has shaken the Aussie sports betting world up with their amazing fixed odds. Sign up today and not only lock in killer value but also enjoy their regular odds boosts!

Pros

Cons

Why We Selected These POLi Betting Sites

We didn’t just pick these AUD POLi betting sites out of a hat. We put them through the ringer and judged them based on:

How to Deposit Funds with POLi at Online Betting Sites

Eager to get down to business? Follow these steps and you will be betting at POLi betting sites in minutes.

Step 1: Registration

To get started, select any online betting site from our recommended list and use our links which qualifies you for an exclusive bonus. Once you arrive at sportsbook’s site, hit the sign up button and follow these steps:

  1. Type in your full name, date of birth and country of residence
  2. Enter your mobile number and address
  3. Create a username and password
  4. Tap the Create Account button

If you don’t already have a POLi account, you need to visit their website, sign-up, and link your bank before you can add cash through their system. It shouldn’t take you over 5 minutes, so complete both registrations before proceeding with the next steps. Banks that work with POLi include CUA, Bank of Melbourne, ME Bank, Westpac, Bankwest, and more.

Step 2: Verification

Before you can deposit cash at POLi betting sites, you need to verify your account. To do so, you must upload one of the following documents and ensure it matches the information on your account:

After completing the initial sign up form, you will be automatically taken to verification. To verify your account at a POLi betting site, follow these steps:

  1. Check that the details you entered match the details on your ID
  2. Click the “My details match my ID” button
  3. If automatic verification doesn’t work, you will need to manually upload your ID details

Step 3: Making a Deposit

Once your sportsbook account is verified, you can now make a deposit via POLi, which you can do by following these steps:

  1. Sign in to your betting account and open the cashier or click the deposit button
  2. Select POLi as a payment option and enter the amount you wish to deposit
  3. You then be sent to the POLi platform, select your bank and log in to your online bank account
  4. You will see a form depicting the POLi transaction, make sure the transaction is correct and confirm it

Once you confirm the transaction, the funds will be processed instantly without any fees. Remember to sign up at a POLi betting site in Australia, you must be at least 18 years old. The minimum deposit is usually between A$5 and A$20. The minimum deposit to receive a bonus when depositing via the POLi payment provider is usually around A$20.

POLi Minimum and Maximum Deposit Limits

The minimum you can deposit at an Australian sportsbook with POLi is between A$5 and A$20. The maximum deposit limit is up to A$10,000. If you want to deposit more, you can separate your deposit into multiple POLi transactions.

How to Withdraw From POLi Betting Sites

You can also use POLi to withdraw from an Australian betting site. To cash out via POLi, follow these steps:

  1. Create a POLi account
  2. Sign in to your sportsbook account, head to the cashier and click withdraw
  3. Tap on POLi and enter the amount you wish to withdraw
  4. You will be taken to the POLi platform, sign into your account and select your bank

If you are playing with a bonus, then you may have to complete wagering requirements before you are eligible to withdraw. The wagering requirements will be explicitly stated in the bonus terms and conditions. Also, the minimum withdrawal limit with POLi is typically A$10.

Withdrawal Processing Times

POLi withdrawals can be processed instantly. A few minutes after you hit that withdraw button, the cash will land in your bank account. However, sometimes betting sites in Australia tend to take a few hours to process POLi withdrawals due to their own internal withdrawal processing methods. Typically, you won’t wait longer than 24 hours to receive your winnings.

Fees and Charges when Betting with POLi

There are zero fees when depositing with POLi. Neither the betting site nor the payment company takes a cent, so when you deposit A$100, A$100 will show up in your betting account. However, there are fees when you withdraw.

The standard POLi withdrawal fee is 0.9%, and a A$0.30 fixed fee, luckily, the total fee is capped at A$3. So POLi is not ideal for very small withdrawals because, for example, if you withdraw A$20, you will be hit with a A$0.48 fee, which doesn’t sound like much but is actually 2.4%. However, if you withdraw A$100, the fee is just 1%.

Tips for Managing Your Bankroll at POLi Betting Sites

It is easy to get carried away when playing at POLi betting sites. To ensure you get the most out of your bankroll and extend play as much as possible, use these tips:

Make Min Deposits

You can’t lose what isn’t in your betting account balance. A smart way to limit losses is to only deposit what you are willing to lose for a particular session. You can further reduce potential losses by only depositing the site minimum (min deposit via POLi is between A$5 and A$20).

Claim a Bonus

Why would you risk your own money when you can wager with the betting site’s bankroll? Playing with bonuses is the easiest way to manage your bankroll because it doesn’t matter how much bonus cash you lose, it won’t affect your balance.

You should always claim a welcome bonus when you sign up to a betting site, and when the bonus runs out, just register at a new site and repeat the same process. If you sign up to 20 + sites, it will be a long time before you play with your actual money.

Set a Loss Limit

Thanks to responsible gambling tools, you can actually set a daily, weekly or monthly loss limit. When you hit this figure, you will be locked out of your account until the new time period starts. This is a great way to prevent any temptation to reload your account and start playing overly aggressively in hopes of recouping losses.

You can turn on loss limits on at any time from within your bookmaker account and set a custom limit. However, if you want to turn off your loss limit, there is typically a cooling period of 24 hours or more.

Bet Small

Sharp bettors will tell you that the guys who stay in the game longest know how to manage risk, and that means learning how to correctly size your wagers. When you are just starting out, don’t bet more than 2% of your bankroll on a single wager. For example, if you have a A$100 bankroll, then don’t feel bad about making A$2 bets. Once your bankroll shoots up to A$150, you can bump up your average stake.

Forget About Betting On Long Shots

Bookies love it when punters bet on no-hoppers because they know they will never have to pay out that money. There isn’t much difference between lighting your money on fire and betting on 10,000 to 1 underdog. If you want to manage your bankroll and still give yourself a great shot at earning a profit, stick to betting on small favourites and reasonable underdogs in the 3.00 to 5.00 range.

Pros and Cons of Using POLi for Online Betting

✅Pros❌Cons
Very fast processing speedOnly available in Australia and New Zealand
Free depositsTransactions are not reversible
Low withdrawal fees
Easy to use
Send/receive money from/to your bank account directly
Don’t have to share bank account details

Alternatives for Betting in Australia

Not a fan of POLi or just checking out payment options? Here are some other ways you can deposit/withdraw at Aussie bookmakers:

FAQs

  • Do online casinos accept POLi?
    A number of online casinos in Australia accept POLi, including Sportsbet, Unibet Australia, bet365, Ladbrokes Australia, and PlayUp. These sites offer sports and horse racing bets only, since online casino games and pokies are illegal Down Under.
  • What is the minimum you can deposit with POLi?
    The minimum you can deposit with POLi is typically between A$5 and A$20. There are zero fees when depositing via POLi, and transactions are processed instantly.
  • Can you withdraw using POLi?
    You can withdraw using POLi. When you make a withdrawal via POLi, your winnings arrive directly into your bank account within 24 hours, and there is a 0.9% and A$0.30 fixed fee, which is capped at A$3.
  • Can you claim a bonus when I deposit via POLi?
    You can claim a bonus when you deposit via POLi. All payments made via POLi are non-reversible and are not covered by chargeback, so casinos are very happy when you use this payment method.
  • Is POLi a safe payment method?
    POLi is a safe payment that allows you to deposit directly to an online casino or bookie without sharing your bank account details. POLi is run by Australia Post, which is Australia’s largest postal company and has been successfully operating since 2006.
AUTHOR
Damjan Jugovic Spajic

A soccer and eSports fan who always roots for the worst possible teams, Damjan is a resident writer and contributor at Minimum Deposit Betting Sites. With over 5 years of experience in the online casino and sports betting industry, he largely focuses on writing reviews and testing out bookmaker transaction processes.