Punt123 vs. Jimmy Bet vs. Colossalbet – which is the best?
Chances are if you’ve found you’re way here you’re considering signing up with Punt123, Jimmy Bet or Colossalbet. Keep reading to discover which one we’d choose from these three betting operators!
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Punt123
Punt123 is another betting site run by on-course bookies out of Victoria.
Their website is nearly identical to many of the other betting sites reviewed above, being based on the BetMakers platform.
When it comes to their racing odds, they’re similar to many of the other smaller betting site operators—they’re relatively competitive but not the best available in Australia.
There are enough sports betting options on offer to entertain the average punter, but like so many other small betting sites, their range of in-game markets doesn’t compare to the large Australian bookmakers.
Licensed By: Victorian Gambling and Casino Control Commission
Deposit Options: Visa (debit), Mastercard (debit), Poli
Withdrawal Options: Bank Transfer
Betting Options: Racing & Sports
Jimmy Bet
Jimmy Bet is owned and operated by Victorian bookmaker James Filgate. After switching from operating via Bestbookies, Jimmy Bet now offers a wide range of local and international racing markets accompanied by a modest range of sports betting options.
On review, Jimmy Bet’s fixed odds on local races weren’t competitive with those of some of the other smaller betting sites, like Colossalbet, and there were limited in-game markets available across NRL and AFL games.
Licensed By: Victorian Gambling and Casino Control Commission
Deposit Options: Visa (debit), Mastercard (debit), Poli, EFT, Bank Transfer, PayID
Withdrawal Options: Bank Transfer
Betting Options: Racing & Sports
Colossalbet
Another relatively new betting site, launched in early 2021, Colossalbet is a niche bookmaker catering to premium Australian wagering clients. Customer service options include 24/7 live chat and phone support from 8 a.m. to 11 p.m., 7 days a week.
Colossalbet’s local thoroughbred odds were found to be quite competitive with the larger betting sites at the time of review!
Colossalbet is definitely worth a look if you’re an avid horse punter looking for a more personalised betting experience.
Licensed By: Liquor & Gaming NSW
Deposit Options: Visa (debit), Mastercard (debit), Poli, EFT, Bank Transfer, BPAY Notification
Withdrawal Options: Bank Transfer
Betting Options: Racing & Sports
Which One Would We Choose?
After using all three of the above betting sites, we’d choose Colassalbet – their racing odds were surprisingly quite competitive at the time of review.
However, like most of the smaller Australian betting sites, their sports offering is limited compared to the larger corporates. For a more complete online betting provider, check out our recommendations for the best betting sites.
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Launched May 2025Use Code: 'BSA500'
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