IASbet market themselves as the “fixed odds specialist” who operate at the lowest margins possible in order to provide the best possible odds to punters.We’ll come back to that claim though.
They are a subsidiary of the Sportsbet group of companies, and like most Aussie-based bookmakers they are licensed by the Northern Territory government. In 2011 the massive Irish bookmaker and general gaming company Paddy Power purchased IASbet in its entirety, having already become the sole owner of the parent company Sportsbet in 2010.
Having one of the major players in the global gambling industry behind them, IASbet are as secure as bookies come, and they also have access to more odds and markets than some of their rivals, including a decent number of novelty markets for which Paddy Power are renowned in Ireland and the UK (they once set up what was widely seen as an ‘assassination market’ on President Barack Obama, before they quietly removed it).
So with huge financial backing and over 30 years of experience of the gambling industry in Australia, IASbet look well-placed to go from strength to strength, and they certainly appear to be moving in the right direction based on our research.
There are two main options for Aussie customers who want to join IASbet in terms of their welcome bonuses. Firstly, the simpler of the two, is a fine 200% deposit bonus of $100. Simply register a new account – being sure to enter the promo code FREEBET as you do – then make your first deposit of $50 or more and IASbet will credit a free bet worth $100 to your account within 24 hours.
Your first deposit must be made within 30 days of registration, and the free bet – which must be placed as one single bet – must be placed within 30 days of being issued. Any winnings you receive from the free bet will be exclusive of the stake and such winnings must be turned over once in full before you are allowed to withdraw, which must be done within 90 days. Note this offer is available only to residents of Australia, though not those residing in Victoria.
The alternative opening offer, for the high rollers amongst you, is a 20% bonus of your initial bonus up to a maximum of $200. If you would prefer to plump for this offer, enter the promo code PLAYER during registration, then make a deposit of at least $150 – but deposit $1000 to make the most of the offer – and the bonus will be credited to you within 24 hours. Other terms are the same as for the $100 bonus.
For players based outside Australia, all is not lost. You are entitled to a free bet bonus of up to $100 when your initial deposit is of $50 or more, and you must enter the promo code WELCOME during registration.
So plenty to go at when you join, but how well do IASbet perform with ongoing bonuses and promotions? Well, perhaps not quite as well as some others.
They offer 10% bonuses on selected horse races – including harness races – as well as some greyhound races and other specific sporting events. But with other bookies offering up to 50% bonuses on some sports and events, we feel a little short-changed here.
Having said that, as they promise, IASbet do go out of their way to offer excellent odds on a vast range of sports markets. A few more ongoing offers on Aussie sports would be most welcome, however.
The IASbet website itself is very clear, concise and easy to navigate. They offer a dedicated racing section which includes results, stats and radio commentary. You can also arrange the layout as you like using a drag and drop feature, which is a nice touch. In addition, IASbet offering the ability to bet on live events, from tennis to soccer to netball and numerous other sports. The general look and functionality of the site makes it easy to find what you need when you need it.
The mobile betting offering from IASbet is available on Apple or Android devices but can also be accessed on any mobile browser by visiting m.iasbet.com, though this is still in BETA testing at the time of writing, so it might not do everything you want it too initially.
Customer service is available by live chat, email and phone, though – unlike many of their rivals – this is not a 24/7 service. Their hours are from 8am-11pm Monday to Saturday and 9am-9pm Sunday (AEST), which is a major drawback in this 24-hour age.
Overall then, IASbet are a very decent bookmaker with as good a range of markets as you would wish for and odds that give excellent value in the most part. Further promotions and the addition of 24/7 customer service would elevate them to the top table, but even so they are a bookie who are worthy of your time and attention, especially as not many offer a 200% welcome bonus!
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