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18+ Australian residents only CHOOSE A DEPOSIT LIMIT. Set a Deposit Limit →
What are you prepared to lose today? Gambling Help Online 1800 858 858
LEGAL READYBET.CO WAGERING CONTRACT

TERMS & CONDITIONS

PUBLISHED: 2025 Victoria, Australia Regulatory Framework

25 LEGAL DIVISIONS

ACCOUNT & GENERAL TERMS (01—05)

01SECTION

SUMMARY

These Terms and Conditions govern the use of all wagering services provided by Readybet.co. By registering an account with Readybet.co or placing any wager, you acknowledge and agree that you have read, understood, and accept to be legally bound by these Terms and Conditions.

Readybet.co is operated by Readybet Partnership (ABN 35 757 261 897). We are licensed in the State of Victoria under licence number License No.: XXXX. To participate in our betting services, all customers must be at least 18 years of age and physically located within an authorized Australian jurisdiction.


02SECTION

DEFINITIONS

Account — a registered personal wagering account with Readybet.co.

Account Holder — the verified individual who legally owns and operates the registered Account.

Platform — the Readybet.co website, mobile site, applications, and related digital interfaces.

Wager — any bet or stake placed and accepted through our wagering platform.

Customer — any individual who registers an account or places a bet with us.

Deposit — the transfer of funds by an Account Holder into their Readybet.co account.

Withdrawal — the legal transfer of settled account balances back to the verified owner.

Operator — refers to Readybet Partnership

Regulatory Authority — the Victorian Gambling and Casino Control Commission (VGCCC) or any successor regulatory entity.

BetStop — Australia's National Self-Exclusion Register operated by the Federal Government.

Settlement — the final resolution of a bet outcome in our databases based on official results.

Bonus — any promotional code, credit, reward, or wagering inducement provided to the Customer.


03SECTION

GENERAL

3.1 These Terms constitute a legally binding contract. Any reference to "us", "we", or "our" in these documents refers directly to the Operator.

3.2 Readybet.co reserves the right to amend, update, or revise these Terms at any time with appropriate regulatory approvals. We will notify customers of significant changes.

3.3 Continued use of the Platform after an update constitutes active acceptance of the revised Terms.

3.4 These Terms are governed by and construed in accordance with the laws of the State of Victoria, Australia.

3.5 If any provision of these Terms is held to be invalid or unenforceable, the remaining provisions will continue in full force and effect.


04SECTION

AUTHORISATION TO ACCESS AND USE OUR BETTING SERVICES

4.1 Access is restricted strictly to verified customers who are at least 18 years of age.

4.2 Customers must be physically located within an authorized Australian state or territory when placing wagers.

4.3 No customer may use our services if they have active self-exclusions registered on BetStop or with Readybet.co directly.

4.4 You must provide accurate, complete, and current information during registration.

4.5 Only one account is permitted per person, household, family, email address, or payment method. Duplicate accounts will be closed immediately.

4.6 Readybet.co reserves the absolute right to refuse any application for an account or close an existing account without stating a reason.


05SECTION

ACCOUNT VERIFICATION

5.1 In accordance with Australian Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) legislation, all customer accounts must be verified within mandated regulatory timeframes. Identity verification is required prior to any withdrawals being approved.

5.2 Verification may require the provision of valid government-issued photographic ID (such as a driver's licence or passport), proof of residential address (utility bill or bank statement), and confirmation of payment ownership.

5.3 We utilize secure, third-party electronic identity verification systems to confirm customer information instantly where possible.

5.4 Failure to satisfy identity verification protocols within mandated timelines will result in account suspension and eventual closure.

5.5 We reserve the right to request certified paper documentation or source of funds information at our absolute discretion.


TRANSACTIONS & PLATFORM RULES (06—10)

06SECTION

ACCOUNT DEPOSITS AND WITHDRAWALS

6.1 Deposits may only be made using payment methods explicitly approved on our Platform. These must be registered in the name of the Account Holder.

6.2 Credit cards are not accepted for deposits or betting in Australia. Only debit cards and electronic direct-transfer mechanisms are permitted.

6.3 Limits apply on minimum and maximum deposit amounts per transaction and per day, as detailed in our Help Centre.

6.4 Withdrawals are only processed back to verified payment methods in the name of the verified Account Holder.

6.5 Withdrawal processing times depend on the selected payment method and bank clearing timelines.

6.6 We reserve the right to withhold any withdrawal pending complete validation of all wagering activity and payment sources.

6.7 Customers are encouraged to set voluntary deposit limits at any time to manage their wagering safely.


07SECTION

RESTRICTED JURISDICTIONS

7.1 Our services are intended solely for residents of eligible Australian states and territories. Accessing our Platform from outside Australia is strictly prohibited.

7.2 It is the customer's sole responsibility to ensure that their access to our betting Platform is lawful in their current geographical location.

7.3 Readybet.co reserves the right to block access, void any wagers, and forfeit any funds associated with accounts opened or used from prohibited jurisdictions.


08SECTION

FRAUD

8.1 We maintain sophisticated real-time fraud detection and monitoring systems to safeguard our customers and the integrity of our services.

8.2 Accounts suspected of engaging in collusion, match-fixing, arbitrage, multi-accounting, use of automated scripts, or other fraudulent practices will be suspended immediately.

8.3 In the event of confirmed fraud, wagers may be declared void, and any remaining account balances may be forfeited or withheld.

8.4 All suspected illegal or fraudulent activity will be documented and reported directly to relevant law enforcement and sporting integrity bodies.


09SECTION

DISPUTES

9.1 In the event of a dispute or query regarding settled bet outcomes, transaction histories, or other account activity, please contact our Customer Support team first.

9.2 If a dispute cannot be resolved directly with Readybet.co, customers have the right to lodge a formal complaint with the applicable regulatory authority.

9.3 We will utilize all reasonable endeavours and transaction logs to resolve every dispute fairly, transparently, and in accordance with official rules.


10SECTION

OUR RESERVED RIGHTS

10.1 We reserve the right to suspend, restrict, or close any Customer Account at our absolute discretion and without prior notice.

10.2 We reserve the right to limit, refuse, or reject any wager or part of a wager before it is accepted in our systems.

10.3 Odds, prices, and markets are dynamic and subject to variation up to the moment a wager is formally confirmed.

10.4 We reserve the right to declare any wager void if it was accepted in obvious error or during system malfunctions.


RESPONSIBILITIES & RIGHTS (11—15)

11SECTION

ASSIGNMENT

11.1 Readybet.co may assign, transfer, or delegate any or all of its rights, benefits, and obligations under these Terms to any approved third party without consent.

11.2 Customers do not have the right to assign, transfer, license, or charge their Readybet.co account, credentials, or funds to any other individual or entity.


12SECTION

RESPONSIBLE GAMBLING

12.1 Readybet.co is fully committed to promoting responsible gambling. We provide a suite of self-management tools including deposit limits, spend limits, activity statements, time-outs, and self-exclusion paths.

12.2 We strongly encourage all customers to set appropriate boundaries and limits before placing their first wager.

12.3 Free and confidential help is available 24/7 via Gambling Help Online on 1800 858 858 or gamblinghelponline.org.au.

12.4 National self-exclusion is available via BetStop at betstop.gov.au.


13SECTION

COLLECTION OF PERSONAL INFORMATION

13.1 We collect, use, and process personal information in strict compliance with the Privacy Act 1988 (Cth) and our Privacy Policy.

13.2 By opening an account, you consent to the collection, verification, and sharing of personal data as required to deliver our wagering services.

13.3 Personal information and transactional data may be shared with regulatory authorities, licensing bodies, and sports integrity agencies.


14SECTION

INTELLECTUAL PROPERTY RIGHTS

14.1 All materials, software, layouts, logos, designs, copy, and structural elements of the Platform are the exclusive intellectual property of Readybet.co or its licensors.

14.2 No part of our Platform may be reproduced, reverse-engineered, scraped, or utilized for commercial purposes without our express written authorization.


15SECTION

THIRD PARTY ASSOCIATIONS

15.1 Our Platform may contain links or integrated content connected to third-party providers, statistical databases, or reference sites.

15.2 Readybet.co is not responsible for the accuracy, completeness, or availability of any third-party content or products.

15.3 Interactions with third-party links are governed entirely by their respective terms of service.


SERVICE & CUSTOMER PROTECTION (16—20)

16SECTION

IT FAILURES

16.1 Readybet.co will not be liable for system outages, connectivity failures, data losses, or software malfunctions beyond our reasonable control.

16.2 In the event of a system failure during active market events, we will make all reasonable efforts to restore services and resolve outstanding wagers equitably.


17SECTION

AUSTRALIAN CONSUMER LAW

17.1 Nothing in these Terms limits, excludes, or modifies any consumer guarantees or rights that cannot be lawfully excluded under the Australian Consumer Law (ACL).

17.2 Where liability cannot be completely excluded but may be limited, our total liability is strictly restricted to the re-supply of our wagering services.


18SECTION

CUSTOMER RESPONSIBILITIES

18.1 Account Holders must maintain complete confidentiality of their account password, pin, and login credentials.

18.2 You must notify us immediately if you suspect any unauthorized access or breach of security.

18.3 You are solely responsible for all activity, deposits, and wagers executed through your Readybet.co account.

18.4 Keep your contact information, email, and mobile details accurate and up to date at all times.


19SECTION

FUNDS PROTECTION

19.1 In compliance with applicable regulatory conditions, customer funds are held in a segregated bank account separate from our operational accounts.

19.2 We maintain adequate and fully audited financial reserves to ensure the complete settlement of all successful Customer wagers.


20SECTION

PROMOTIONS AND INDUCEMENTS

20.1 All promotional offers, bonuses, and free bet incentives are governed by their own specific terms and conditions.

20.2 Promotions are executed in full compliance with applicable wagering rules and national betting frameworks.

20.3 Certain promotions may not be available to residents of all Australian states or territories due to regulatory restrictions.


INTEGRITY, PRIVACY & LIABILITY (21—25)

21SECTION

RACING AND SPORTING INTEGRITY

21.1 Readybet.co fully supports professional integrity in sports and racing, and actively cooperates with all national and state sporting bodies.

21.2 Any suspicious wagering activity or patterns will be investigated and reported to relevant integrity agencies.

21.3 Wagers determined to be undermining the integrity of any sporting event or racing match may be declared void at our discretion.


22SECTION

SETTLEMENT RULES

22.1 All wagers are resolved and settled in accordance with the official, final results announced by the relevant governing sporting body.

22.2 Dead heat rules apply where multiple competitors achieve an identical placing, as detailed in our detailed settlement criteria.

22.3 Wagers on abandoned or postponed events will be handled in accordance with the specific event rules of the matching sport.


23SECTION

TAXATION

23.1 All Point of Consumption Taxes (POCT) and state-mandated sports levies are paid directly by Readybet.co.

23.2 Customers are solely responsible for any personal taxation liabilities, declarations, or obligations arising from their wagering wins.


24SECTION

PRIVACY AND DATA PROTECTION

24.1 Customer data is handled with the highest standards of security, in full compliance with the Privacy Act 1988 and the Australian Privacy Principles (APPs).

24.2 For comprehensive details on how we store, secure, and use your information, please read our complete Privacy Policy.


25SECTION

VARIATIONS AND LIMITATION OF LIABILITY

25.1 We reserve the right to amend these Terms at any time. We will publish updates on our Platform.

25.2 To the maximum extent permitted by law, Readybet.co excludes all liability for any indirect, special, or consequential damages.

25.3 Our total liability to any customer is strictly limited to the actual net balance in the Customer's Account.

18+ GAMBLING HELP ONLINE 1800 858 858 Free and confidential support available 24/7.
BETSTOP BetStop - the National Self-Exclusion Register. Free for anyone who wants to stop all licensed Australian online wagering.
Visit BetStop →
ACCEPTED PAYMENT METHODS
Visa, Mastercard, Apple Pay, Google Pay, PayID
DEBIT ONLY Credit cards are not accepted for betting in Australia.
18+ GAMBLING HELP ONLINE
1800 858 858

Free and confidential support available 24/7.

BETSTOP National Self-Exclusion Register

BetStop - the National Self-Exclusion Register.

Free for anyone who wants to stop all licensed Australian online wagering.

Visit BetStop →
ACCEPTED PAYMENT METHODS Visa, Mastercard, Apple Pay, Google Pay, PayID
DEBIT ONLY Credit cards are not accepted for betting in Australia.