Canbet Betting Limits
Minimum Bet Sizes
Minimum bet sizes vary depending on type of bet and sport see table below.
| Type of Bet | Internet | Phone |
|---|---|---|
| Singles/Straights | 1.00 | 50.00 |
| Multiples/Parlays | 1.00 | 50.00 (total outlay) |
Maximum Bet Sizes
Maximum bet sizes vary depending on the type of bet and sport.
Our Internet limits are amongst the largest available online. Larger amounts are available via the Telephone.
Canbet reserves the right to vary a Customer's bet limits.
Note: All limits are open to negotiation upwards (for specific individuals), please contact Graham Eddy +61 3 9948 9948 this discuss your options.
Without prior negotiation: Canbet reserves the right to limit the maximum win payable (inclusive of stake) to any one individual of entity or group deemed to be acting on behalf of any one individual or entity to a daily maximum of AUD$500,000.
Where bets are placed on different days, the maximum payout limit will apply to the day that the final selection in the bets was completed and not to the days that the bets were placed.
Daily win limits apply to specific events. These limits include all winnings derived from wagers placed by the client on the individual event, regardless of whether the event is included as an element of a multiple, a group of multiples, or as a single wager. It is important to bear these limits in mind as we cannot be responsible for bringing them to your attention at the time the wager/s is/are placed.
Racing
Without prior negotiation, the maximum win payable by Canbet to any one individual or entity, or group deemed to be acting on behalf of any one individual or entity, on any one race shall be limited to:
AUD $400,000 for The Melbourne Cup
AUD $200,000 for Australian and Hong Kong metropolitan Gallops meetings
AUD $120,000 for Australian non-metropolitan Gallops meetings
AUD $80,000 for New Zealand and Singapore Gallops meetings
AUD $80,000 for metropolitan Greyhound or Harness meetings*
AUD $40,000 for non-metropolitan Greyhound or Harness meetings*
AUD $40,000 for all other National and International Gallops/ Harness or Greyhound meetings*
Exotics
In addition to the above maximums, the following race limits apply to winnings from exotics:
Trifectas:
Melbourne Cup $250,000
Australian Metropolitan Gallops $120,000
Australian Provincial Gallops/ New Zealand Gallops $80,000
Australian Country Gallops $50,000
Australian Metropolitan Harness $80,000*
Australian Non Metropolitan Harness/ New Zealand Harness $40,000*
Australian Metropolitan Greyhounds $50,000*
Australian Non Metropolitan/ New Zealand Greyhounds $40,000*
Quinellas:
Melbourne Cup $150,000
Australian Metropolitan Gallops $60,000
Australian Provincial Gallops/ New Zealand Gallops $40,000
Australian Country Gallops $30,000
Australian Metropolitan Harness $40,000*
Australian Non Metropolitan Harness/ New Zealand Harness $30,000*
Australian Metropolitan Greyhounds $30,000*
Australian Non Metropolitan/ New Zealand Greyhounds $20,000*
Exactas:
Melbourne Cup $100,000
Australian Metropolitan Gallops $40,000
Australian Provincial Gallops/ New Zealand Gallops $30,000
Australian Country Gallops $20,000
Australian Metropolitan Harness $30,000*
Australian Non Metropolitan Harness/ New Zealand Harness $20,000*
Australian Metropolitan Greyhounds $20,000*
Australian Non Metropolitan/ New Zealand Greyhounds $15,000
*AUD $15,000 for Early Morning Greyhound/ Harness meetings that commence before midday (AEST)
Sport & Other Events
Soccer: AUD $150,000 for English Premier League, Bundesliga, Spanish La Liga and SerieA.
AUD $50,000 for all other leagues.
International Cricket, Tennis, NFL, NBA, AFL, NRL, Golf (Outright winner): AUD $150,000.
International Rugby Union: AUD $75,000.
Motor Sport: AUD $20,000.
Novelty bets: AUD $15,000.
All other events: AUD $10,000.
Note: The above limits are open to negotiation upwards (for specific individuals).
US Sports
Gameday maximum Internet bets (All figures in US$):
| NFL | College Football |
NBA | College Basketball |
MLB | NHL | WNBA | CFL | |
|---|---|---|---|---|---|---|---|---|
| Sides | $15,000 | $7,500 | $7,500 | $3,500 | $5,000 | $3,500 | $2,500 | $3,500 |
| Totals | $7,500 | $3,500 | $3,500 | $3,500 | $3,000 | $2,000 | $1,000 | $3,500 |
