Are you looking for an honest Loot.bet Review? Don't look anywhere else, stay tuned and read our in-depth review of the betting site Loot.bet.
Loot.bet is an online bookmaker website that was founded in 2016. It only focuses on esports betting. Website is operated by Livestream Ltd and is under Curacao Gaming License. They are official partners of StarLadder.
Pros & Cons
+ Allows Cryptocurrency Deposit
+ Wide Aspect of Betting Options
+ Great Support System
+ Awesome Esports bonuses
- Inactive Social Networks
- Lack of Outright Bets
Website is pretty simple and easy to use. When you enter the website, you are already on the main section of the website. Here you can see all live and upcoming matches of every game that they support. There are a lot of games that they support, from popular ones like CS:GO and Dota 2 to lesser popular like Arena of Valor and Honor of Kings. You can easily navigate through all games that they support right from the beginning and you can use filter teams if you want to follow only one team. There is also an option to check all of the matches, tournaments matches, and outrights, where you can bet on a winner of a certain tournament. You can also check the results of games that passed if you missed something. On top of the website, you can choose how do you want to see odds. You can choose from American, fraction, standard, Hong Kong, and percent. On the right side of the website you have Betslip, here you can add matches that you bet on so you can easily pay attention to how are things going on. You can also see your history there.
Loot.Bet allows betting on 13 Esports in total. They used to allow betting on regular sports but they do not anymore. Loot.Bet decided to focus on Esports only and they did. The range of Esports market is just awesome. There is also an Outright betting section where you can bet on the tournament winner. The section is user-friendly and everything is just one click away. When it comes to the odds, Loot.Bet surely knows how to stay ahead of the competition. They always have competitive odds and special bets on every single match. You can bet on multiple things like match winner, round winner, handicap victory, pistol round winner, etc.
This is the main feature of this website. Every game that you can see on this website will have live betting coverage. You can even look at streams of those matches on the website if you press on the "LIVE" link next to the games. This is an amazing feature to have because you can easily follow what is going on in the game and bet at crucial moments, which is important in live betting. There are a lot of betting options that, of course, depend on games. The most popular ones are the matchup winner, map winners, and more. Good thing is that odds are updated constantly and are indicated when they change them.
Promotions and Bonuses
Loot.bet has a welcome bonus, you get 100% on first deposit up to 100%, you have to deposit at least €5 and odds must be 1.69 or more. Bonuses are time-limited, so you have to check their Promotions and Bonuses section once a week if you do not want to miss anything. Use our link to register and claim your exclusive Loot.Bet Welcome Bonus.
Deposit and Withdrawal
There are a good amount of deposit options and pay attention because withdrawal may be made only through the payment method used for the deposit due to anti-money-laundering policy. Depositing is instant, but withdrawals can take from 24 to 72 hours, but it depends on the method that you used. Also, there are no withdrawal commissions.
Your balance is contained of 5 separate wallets with different currencies, EUR, USD, RUB, mBTC and ETH. This really comes in handy because you won't lose any money in conversion.
On this website you can also sell skins from CS:GO and Dota 2 for money instead of making a deposit. You cannot withdraw skins, but you can withdraw money. Be careful, you will get 60%-70% of the Steam listed price for your skins.
You can contact their customer service via email, phone or live chat. Live chat is available 24/7 and there is really fast, so you do not have to wait for a long time. There is also a FAQ where you might find some answers to your questions.
Loot.bet is a good website that focuses on esports betting. It has a good amount of esports titles and they feature every minor and major tournament there is. Live betting is nicely done and it has a lot of different betting options. Also, it is great to see that they implemented streams into their website for easier live betting. Bonuses are good and are constantly changing which is always nice to see. Customer support is fast and reliable. For a new bookmaker, I think that they are doing a great job. I think it would be nice to see an official mobile application. However, the inclusion of bitcoins and skins as payment methods is a fantastic thing. There is a lot of room for improvements but as a new bookmaker, they are doing a great job at the start.
Are there any restricted countries to Loot.bet ?
Yes there are, Loot.bet currently does not accept users from United States of America, France, Netherlands, Belize, Belarus, United Kingdom and Cyprus
Is there any withdrawal limit on Loot.bet?
The minimum cash out is 10€ and the maximum is 10,000€ at the moment.
Where can I find VIP program on Loot.bet?
After sending them an email about this issue, this was their response:
“We have the automated system, which can apply limits according to a basis of the analysis of your login and betting patterns. To have a VIP status on our service, you must use our service for a long time and make many bets.”