THINK. IS THIS A BET YOU REALLY WANT TO PLACE?
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PonyBet is an Australian-based bookmaker focused exclusively on horse racing, delivering a streamlined punting experience with tools designed for serious racing fans.
Founded with the goal of stripping back the clutter and giving punters what really matters, PonyBet offers a clean, mobile-first platform that prioritises price, speed, and simplicity. There are no gimmicks — just sharp markets, fast bet placement, and all the key info at your fingertips.
We’ve taken a closer look at what PonyBet offers to account holders, including odds, features, usability and racing coverage in our full review below.
The PonyBet platform is purpose-built for racing, offering a clean, no-nonsense layout that’s instantly familiar to regular punters — but with its own sleek twist.
Navigation is smooth and intuitive, starting with a “Next to Jump” carousel that gives you fast access to upcoming races. It’s ideal for quick bets, although unlike some live dashboards, it doesn’t auto-refresh, so it’s worth revisiting frequently if you’re betting close to jump time.
The racing menu is the clear focus here — no distractions from sports or gimmicks — and you’ll find thoroughbred, harness and greyhound racing options neatly listed with market depth across all Australian meetings (and selected internationals).
PonyBet is optimised for mobile, with dedicated apps available on both the App Store and Google Play. The apps mirror the full site experience, offering lightning-fast bet placement and streamlined access to form, markets and bet history.
As a racing-only bookmaker, PonyBet keeps things simple but sharp — and that’s the appeal. You’ll find full coverage of all the core Australian meetings across thoroughbred, harness and greyhound codes, with Fixed Odds, Tote options, and all the popular exotics like Quinella, Exacta, Trifecta and First 4.
While you won’t find sports or novelty markets here, what PonyBet lacks in breadth, it makes up for in racing depth. Markets are posted early, and pricing is competitive across the board, particularly in the lead-up to metro meetings.
This is a platform designed for punters who know what they want — no distractions, no filler. If you’re after a clean, racing-focused bookie without the clutter of sports promos and endless market categories, PonyBet fits the bill.
Pricing & Odds
Since PonyBet is a racing-exclusive bookmaker, we looked at the odds for Race 5 at Randwick on a recent Saturday to compare how their prices stack up against the competition.
At the time of checking, here were the fixed odds for the favourite:
PonyBet: $3.80
Sportsbet: $3.70
TAB: $3.60
Ladbrokes: $3.80
Neds: $3.75
PlayUp: $3.85
In this snapshot, PonyBet was equal best with Ladbrokes, only narrowly behind PlayUp. While prices can shift quickly in the lead-up to a race, PonyBet generally holds its own against the bigger players and often offers strong value, particularly in mid-tier meetings. As always, it pays to shop around — but if you’re a racing purist, PonyBet is well worth including in your odds-check rotation.
Like all licensed Australian bookmakers, PonyBet operates under strict regulations that prohibit the public promotion of special offers such as sign-up bonuses or deposit matches, as these are classified as ‘inducements’ to open an account.
To view any available promotions, you’ll need to create an account and log in. Once inside, eligible users may find offers tied to specific races or meetings, but these are typically focused on rewarding active punters rather than flashy one-off incentives.
PonyBet keeps things simple and secure when it comes to banking. Deposits can be made instantly using common payment methods such as Visa, Mastercard, POLi and bank transfer, with funds typically appearing in your account within seconds (excluding bank transfers, which may take longer).
Withdrawals are processed promptly, usually within 1–2 business days when sent to an Australian bank account. As with most bookmakers, withdrawals can only be made back to the original deposit source and may require identity verification before your first withdrawal is processed.
There are no fees for standard deposits or withdrawals, and the interface for managing your funds is clean and user-friendly — just like the rest of the site.