My experience with Ultrabet

I’m always on the hunt for new sportsbooks, especially ones that actually reward regular bettors and don’t make withdrawing feel like pulling teeth. A few weeks ago, a mate of mine mentioned Ultrabet, saying he’d been using it for a while and liked their rewards system. Since I mainly bet on UFC, surfing, and NRL, I figured I’d give Ultrabet Australia a shot and see if it was better than the usual bookies I use.

Signing up & first impressions​

I signed up through Ultrabet.com.au, and I have to say—the Ultrabet login process was one of the smoothest I’ve had. No unnecessary steps, no weird email verifications that take forever. I also downloaded the Ultrabet app since I do most of my betting on my phone, and I was actually impressed. No lag, no random crashes, and live betting worked without freezing, which is more than I can say for some of the bigger sportsbooks I’ve used.

I will say, Ultrabet bookmaker seems to put a lot of focus on Aussie sports like NRL, AFL, and horse racing. If that’s what you’re into, great. But if you’re like me and enjoy deep UFC betting markets or niche sports like surfing, the options can feel a bit limited.

Ultrabet rewards – Do they actually matter?​

The big reason I wanted to test Ultrabet was their rewards program. I’ve seen a lot of bookies advertise “amazing” loyalty programs that turn out to be impossible to actually use, so I was skeptical.

Here’s what I found:
You earn points for every single bet you place, even the losing ones.
Points can be converted into free bets or cashback, which actually adds up over time.
No ridiculous hoops to jump through to redeem them.

I’m not going to pretend it’s the best loyalty system in the world, but compared to some other Australian sportsbooks that offer nothing for regular bettors, it’s definitely a solid perk.

Deposits & withdrawals – The real test​

Depositing was instant, which is expected, but my real concern was how fast they let you cash out. I started small, playing with a couple hundred bucks, and after a few solid bets, I went to make my first withdrawal.

• First withdrawal took about 48 hours, which is a bit slow but normal for account verification.
• After that, withdrawals were processed within 24 hours, which is solid.
• Limited withdrawal methods—no crypto, just bank transfers and a few e-wallets.

One thing I’d love to see is more withdrawal options. I use crypto with some other sportsbooks, and the fact that Ultrabet doesn’t support it yet is a bit of a downside for me.

Final verdict – Will I keep using Ultrabet?​

For now, yeah. Ultrabet is solid for Australian sports betting, and I like the app experience and the rewards system. But if you’re big on international sports or crypto betting, it might not be your best option.

What I liked:

• Ultrabet rewards actually give value to regular bettors.
• Fast withdrawals after the first one.
• Smooth experience on the app—no lag, no issues.

What could be better:

• Needs more niche betting markets—would love to see better UFC and surf betting options.
• No crypto withdrawals (yet).
• Bonuses are okay, but not as aggressive as some bigger bookies.

I’ll keep using Ultrabet, especially for NRL and UFC betting, but I’m curious—has anyone else tried it? Would love to hear other Ultrabet reviews, especially if you’ve withdrawn big winnings!