- Easy to use
- Great bonus codes
- Awesome odds
- Live chat support
- A Lot of different markets to bet on
- Skin & cryptocurrency deposits
- Min deposit of 10$/€
- A lot of restricted countries
With Esports continuous giant strides in the sporting industry, it has become an attractive market for sports betting companies. However, most traditional betting companies have difficulties in adjusting to this new market. There has been a steady influx of betting companies dedicated solely to the Esports industry. Loot.bet has established itself as a bookmaker in the Esports betting sector. In this Loot.bet review, we seek to highlight the services rendered by the platform, presenting our findings in an unbiased manner.
Is Loot.bet a legit bookmaker?
Loot.bet became operational in 2016; it is owned and controlled by Livestream limited in Cyprus. The betting company is fully licensed, and the Government of Curacao regulates its operations. The betting company is an official partner of Starladder. With its legal support, Loot.bet has been able to offer its services to users in different regions of the world.
Although the company is a relative newcomer to the sports betting world, it has created a niche for itself within the Esports betting industry. The platform previously featured an online casino and other sporting events. However, it is now solely into the Esports betting industry.
In which markets does Loot.bet operate?
Loot.bet has an excellent track record in the Esports betting community. It features odds of the popular games in Esports and also hosts many others that are not on the radar of competitors (other betting companies).
There are currently pre-match and live odds for many games on Esports on the Loot.bet platform. This list includes the following:
- King of Glory
- Heroes of the Storm
- Rocket League
- Gears of War
As a betting company based solely on Esports, Loot.bet offers different specialized betting markets. These include over/under bet on match maps total, match winner, first blood, map winner, round winner, team with first 10 kills, and several other betting features. The live betting option available at Loot.bet is also very impressive. It offers a live Twitch stream that enables users to watch a gaming event and then place their bets. These features increase the reputation of Loot.bet in Esports betting.
The platform offers its users a wide market to place their bets, ensuring a fulfilling betting experience. Their odds are favorable, and the platform adds new games on a regular basis. Odds on Loot.bet are typically displayed in the decimal system. Loot.bet’s market is closed to bettors from the United States, the United Kingdom, France, China, and other countries. This population constitutes a large percentage of bettors, thereby limiting the reach of Loot.bet.
Loot.bet Review: Odds, Offers/bonuses and promotions
Loot.bet is known within the Esports community for its generous bonus that is available for all new users. The platform offers a 100% bonus on the first deposit, with a maximum of €100. It also offers a 50% bonus on the second deposit to a maximum of €100. The minimum deposit to activate these bonuses is €10 or an equivalent in other currencies.
Lootbet’s deposit and withdrawal methods
Loot.bet has a lot of options that users can access to fund their bet. It supports the use of credit and debit cards via Visa and MasterCard. E-wallet supported by Loot.bet includes Skrill and Neteller. Other payment methods viable on Loot.bet include skin betting and Bitcoin (BTC). You can access Loot.bet skin betting through the SkinPay payment option.
Transactions involving Loot.bet are relatively safe as the platform has an approval indicating that it satisfied the requirements of the Payment Card Industry Data Security Standard (PCI DSS). The minimum deposit on Loot.bet is €10 or its equivalent.
The betting company does not charge withdrawal fees, and their withdrawal limit is €10,000 monthly. Users are required to withdraw their earnings via the method used in making deposits. The platform processes withdrawal requests within 24 hours, delays in withdrawal may be due to traffic or holidays. Withdrawals can be denied when users fail to fulfill the criterion mandating them to verify their identity.
A characteristic feature of most Esports betting platforms is the user-friendly website that makes it easy for users to navigate and make use of the various features on offer. Bet slips are easily located on the website, and betting can commence as soon as possible. Also, there is a game section on the website’s menu bar where users can easily access their game of choice.
Mobile devices continue to be an important part of the sports betting industry as most bettors now access the internet via their mobile devices. Loot.bet has a custom application for Android and iOS mobile devices that can serve the needs of its mobile users.
Our review of the Loot.bet betting website shows that it is compatible with a wide range of operating systems, including those of mobile devices. You can access it via popular mobile browsers such as Chrome and Opera. Loot.bet is designed to offer its users a memorable and stress-free gambling experience.
As an Esports betting company, Loot.bet provides avenues where users can voice their complaints and get solutions.
- Emails sent to firstname.lastname@example.org gets a response within 24 hours.
- Their live chat feature is also active and responds promptly to queries.
- You can call them on selected hours to get instant customer support.
However, carrier fees might be expensive, depending on the region. Furthermore, Loot.bet has an active social media presence on Twitter and Facebook. Users can utilize these channels to air their issues and concerns.
The website features a help section that is basically in the form of FAQs. However, the information provided is grossly insufficient as it does not offer solutions to the general questions that users may have.
In conclusion, Loot.bet has established itself as a force to reckon with in Esports betting. It offers a wide range of markets that are not available on other Esports betting platforms. By streamlining itself into Esports betting, Loot.bet has become more efficient in delivering services to its users.
This Loot.bet review shows that the platform offers numerous options for deposits of funds, and withdrawals are prompt. Customer service is diversified, and responses are quick. However, the FAQ section requires an update because it currently has limited scope. The restriction that prevents bettors from United States, United Kingdom, France, China, and other countries from accessing Loot.bet has greatly limited the reach of its market.