MidasBet Vs Bet365 - In-Depth Betting Site Comparison

By Jake McEvoy

21 Jun 2023

Jake McEvoy 21 Jun 2023

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In this episode of the Battle of the Bookies series, we’ll be looking at two very competent Australian bookies.

MidasBet was only introduced to the market in 2022, making it a fairly young contender, yet it has already gained a lot of attention from new and seasoned gamblers alike.

Bet365 needs no introduction, having been serving the planet for over a century. It boasts a lot of experience, but is tradition preventing it from offering many of the innovative features that the younger sites are implementing?

Let’s see who comes out on top in the most out of the 12 areas we’ll be comparing them in this article.

MidasBet vs Bet365 Comparison

We will use the aforementioned 12 parameters to compare these two Australian bookmakers.

These are the twelve categories:

Odds Value: The odds we get from each bookmaker on all racing and sports markets are the most important consideration. This point will go to the site that seems to be of greatest worth to its users.

Available Markets: The site that offers the most sports to wager on and the most betting markets inside each of those sports is the winner of this round.

Betting Features: Because it is getting more difficult to discover new betting features, only the most inventive bookmakers will receive full points in this area.

Betting App: Making a service mobile-friendly is no longer sufficient. We're searching for a specialist app that can run on a variety of smartphones and tablets.

VIP Program: It is critical to express gratitude to previous customers who have purchased with you in any industry. Some gamblers devote so much time and money to a single betting site that they ought to be rewarded.

Safety & Security: It is critical that online gambling businesses keep the personal information we supply them safe and secure. We check that each of the sites we examine employs the latest encryption technologies.

Payment Methods: We're searching for as many deposit and withdrawal alternatives as possible. The sites that provide the most options for secure payment processing will win this section of the battle.

Live Betting & Live Streaming: In this section of the post, we're looking for in-play betting markets and live streaming providers. In most circumstances, this category will be assigned to a website that offers both of these services.

Customer Support: We want a customer support team that is easy to contact, responds quickly, and gives useful information whether we are experiencing problems with a new feature or a technical issue. At the conclusion of this round, whoever has checked the most boxes wins.

Promotions: We are not permitted to give information about particular sites' promotional activity. Instead, we will just suggest the website we feel has the greatest offers.

Licensing and Regulation: To be listed on this site, bookmakers must be licenced in Australia. If they are not, they have no business being here, hence this section is often a tie, but it will still provide important facts.

Responsible Gambling Practices: It is critical that gaming sites prioritise the safety of their consumers, which is why we continuously double-check that they have a responsible gambling policy and tools to assist people who may be more vulnerable to the negative consequences of gambling.

Our Verdict: MidasBet vs Bet365

Before we outline our reasons, we'll first reveal the winners in the most important categories in this head-to-head.

Following that, we’ll declare the overall winner in this edition of the Battle of the Bookies between MidasBet and Bet365 Australia.

Best Betting Odds: Bet365.
Available Markets: Bet365.
Best Features: Bet365.
Mobile App: Draw.
VIP Program: Draw.
Safety and Security: Draw.
Deposit and Withdrawal Options: Bet365.
Live Betting and Live Streaming: Bet365.
Customer Service: MidasBet.
Safer Gambling: Draw.
Licensing and regulation: Draw.
Best offers: Draw.

Bet365 came out on top by quite a margin here with 5 points from the possible 12. MidasBet managed a single point, however it was from a very important category.

It’s hard to ignore the number of draws on the scoreboard here, too, and we strongly recommend trying out both sites to see which one you prefer personally.

MidasBet Pros & Cons

Prominent racing markets.

Popular sports.

Secure payment methods.

Live chat feature.

No live streaming.

No Esports.

No application.

Bet365 Pros & Cons

Great range of sports.

Live betting.

Easy to navigate.

Mobile app.

PayPal accepted.

Informative customer service team.

The site takes some time to get used to.

Verification can take time.

Comparing MidasBet vs Bet365 Betting Odds

In all honesty, there wasn’t too much separating these two bookies as far as odds value is concerned, but we were definitely more tempted by what was being offered by Bet365.

At the end of the day, they are the ones with enough resources to be able to outprice most of the competition.

What Markets Are Available at MidasBet vs Bet365

With just 15 sports to wager on, MidasBet has one of the shortest options in the Australian market.

Bet365 has the largest selection of sports in Australia's sports betting sector, with 42 different selections and a few surprises thrown in for good measure.

Which Sportsbook Offers the Best Features?

Bet365 Australia provides a few more sports betting options than its competitor, MidasBet.

Form guides, flucs, track information, and more are all available to assist you wager on the races, and these tools are accessible on both betting platforms.

Does MidasBet vs Bet365 Have the Mobile Betting App?

Mobile apps are available for both MidasBet and Bet365. The apps of each of these services provide the same capabilities as their primary platforms.

MidasBet vs Bet365 VIP Program Comparison

There is no mention of any kind of loyalty rewards program on either of these two betting sites, so no points will be given out in this section of the comparison.

MidasBet vs Bet365 Safety and Security

When you sign up for an account on any of these two Australian betting websites, they will encrypt all of the information that you give to them in order to keep it private.

Comparing Deposit and Withdrawal Options

Unfortunately, for MidasBet and its customers, there aren’t many payment options to choose from for deposits and withdrawals.

Bet365, on the other hand, offers a great selection of secure payment methods including tried and tested options as well as some modern payment systems.

Live Betting and Streaming Options: MidasBet vs Bet365

MidasBet is yet to offer anything in the way of live betting and streaming options, but, as you’d expect, Bet365 is quite the opposite, with in-play betting markets and a live streaming service.

Comparing MidasBet vs Bet365 Customer Service

Since it is so difficult to find faults in Australian customer service, this part requires special study. In general, MidasBet's customer service exceeded our expectations. The smaller size of the business likely contributed to the more intimate experience.

Where Do MidasBet vs Bet365 Stand on Safer Gambling

There is a link to a Responsible Gambling Policy in the site footer of each of these sportsbooks. You can boost your sense of security at an online gambling site by reading one of these policies.

Where Are MidasBet vs Bet365 Licensed and Regulated?

MidasBet is a legal business in New South Wales, governed by the state's Liquor and Gaming Authority and the Greyhound Welfare & Integrity Commission.

Bet365 Australia is licensed by the Northern Territory Racing Commission.

Both of these bookies are operating legitimately so no point will be awarded in this round.

Does MidasBet vs Bet365 Have The Best Offers?

We feel like Bet365 has the resources to be much more generous when it comes to the promotions they have on offer. We can’t detail what’s going on here, of course, but overall, we feel we should declare this section of the comparison has a draw and conclude the comparisons.

MidasBet vs Bet365 FAQs

Can you have both a Bet365 and MidasBet account?

Residents of Australia are permitted to create betting accounts with any number of the country's numerous bookmakers, to their own liking.

Which Bookmaker has been around longer?

Bet365 has been around in Australia for much longer than MidasBet which is a pretty new betting site as things go.

Do both bookmakers have mobile apps?

Mobile applications are available for both of these two Australian bookmakers.

Which betting site offers the better odds - Bet365 or MidasBet?

Bet365 offers marginally better odds than what can be found at MidasBet, however we wouldn’t suggest that there is a significant difference in the value you get from either service.

Do Bet365 and MidasBet allow for live betting?

Bet365 offers live betting markets and a live streaming service, but neither of these features can be found at MidasBet.

Who offers the better customer service, Bet365 or MidasBet?

The customer service quality we received from each of these bookies was great but the MidasBet customer service was just a bit more personal, which we preferred.

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