The provider Sportsbet.io appeared on the betting market for the first time in 2016. As one of the few providers of sports betting , it specializes in crypto currencies or Bitcoin , but the betting account can also be kept in euros as an alternative. The deposit options are limited accordingly.
I took a look at what else the exciting bookmaker has to offer and in this test I report on my personal Sportsbet.io experiences . I can already reveal one thing at this point: I have no doubts about the seriousness of the provider, there is no fear of fraud at the official shirt sponsor of Watford FC . You will find all further information including a section on the Sportsbet.io bonus and the Sportsbet.io app in the following lines.
Test compact – summary of my experiences
Sportsbet io relies fully on digital means of payment and offers payment with Bitcoin – almost exclusively in sports betting with bitcoin! Credit card payments should also be possible, but I couldn’t find the corresponding function in the betting account yet.
Otherwise, the bookmaker offers good odds – and tax-free – as well as a solid selection of bets. The website looks good, but could use an update in terms of navigation, the customer service is not always available and usually only in English.
“The betting provider is one of the newcomers on the market. But after a short time it was able to convince many customers. “
I find the bonus relatively weak, with which only 30 euros can be achieved. For this, however, only a first bet worth 10 euros needs to be placed. The bottom line is that Sportsbet.io is a decent sports betting provider, but it has not yet exhausted its potential.
Sportsbet Bonus – The new customer bonus in detail
Sportsbet bonus aggressively advertises with a 300% bonus . That sounds promising, but the reality behind the bonus offer is a little sobering. You will indeed be credited with three times the amount of the stake of your first bet in the form of a free bet, but the maximum amount is only 30 euros . To do this, you have to place exactly 10 euros or the corresponding Bitcoin value on your first bet. That’s better than nothing, but the bonus for new customers doesn’t knock me off my feet.
Sportsbet Bonus Code 2022 – Free betting credit
Some bookmakers like www Parimatch require you to enter a bonus code so that the bonus can be credited to the betting account. The bookies inform about this in the bonus conditions and usually provide the required code there as well. At Sportsbet bonus, none of this plays a role, because the bonus is automatically credited to the betting account after your first bet of 10 euros. So no bonus code is required.
Advantages and disadvantages of the new customer bonus
One thing in advance: a new customer bonus offers more advantages than disadvantages. With the help of a betting bonus, you can start as a new customer with a decent bankroll and do not run the risk of going bankrupt after losing your first bet – provided you play wisely.
In addition, you can first try out the range of bets in peace until your own money is used. However, there is also a small catch, because a few bonus conditions must be met before the bonus and winnings can be transferred to your own bank account. You can find out what these are in the next few lines.
All bonus conditions at a glance
The bonus depends on four bonus conditions: minimum deposit, turnover frequency, time limit and minimum quota. These are the conditions that each betting provider sets individually in order to make the bonus free play not that easy. So that you know what there is to consider with the Sportsbet.io bonus for new customers, I have taken a very close look at the bonus conditions and report on the respective details in the following sections.
In order to receive the Sportsbet.io bonus for new customers in the form of a free bet, the betting provider does not provide for a minimum deposit, but a first bet of exactly 10 euros or the corresponding Bitcoin value. You will then receive a free bet of three times its value, i.e. 30 euros. Other amounts are not possible, the bookmaker explicitly points out that exactly 10 euros must be placed in order to get the free bet.
In order to receive the free bet, the first bet does not have to be placed within a specific time window. However, it looks different with the free bet. You must use this within two days of receiving the credit . If you do not do this, the credit will expire and you will unfortunately receive nothing. I therefore recommend placing the first bet on a weekend so that the corresponding offer is available for the subsequent free bet.
Most betting providers specify a turnover frequency in which the bonus must be placed in bets before it and winnings can be paid out. Since the sportsbet.io free bets bonus generally differs a little from other 100% bonus offers, the frequency of wagering does not matter . Just make sure that the stake in your first bet is exactly 10 euros or the corresponding value in Bitcoin.
In order for you to activate the free bet with your first bet, your tip must have a minimum odds of 1.50 . If your bet does not reach the minimum quota, you will not be credited with a free bet afterwards. Bets on fantasy sports, horse racing or virtual sports are excluded. However, it shouldn’t be too much of a problem to find a suitable bet in the other markets with the appropriate odds.
Sportsbet.io no deposit bonus
I was unable to find a no deposit bonus during my Sportsbet.io test. For this, the provider has a few other nice promotions in the program. For example, it can be worth checking out the bookmaker’s website when a tennis grand slam is taking place.
Then Sportsbet.io usually has a special offer that you have to register for in order to play. Your bets made during the tournaments are then included in a ranking list in which all participating customers are listed. The best placed win prizes at the end of the respective event.
Vouchers are a suitable means of offering new customers a low betting budget to start with. At Sportsbet.io there is no such thing, but among other things the “ Price Boost ”. You can use this once a day for the sports soccer, basketball and tennis.
The principle: You choose a single bet or a selection within a combination bet and “boost” it, that is, the original odds increase. Attention: A Cash Out may not be used with the Price Boost, because then the original price will be restored.
Sportsbet io free bet
As a sponsor of the English Premier League club FC Watford, Sprotsbet.io has a few nice promotions for the Premier League in its bonus portfolio. This is changing, which is why an occasional look at the bookmaker’s website can be worthwhile in order to always be up to date. You can find out more under ” OFFERS ” at the top left of the website.
Sportsbet Login – A short guide
Before you can place your first bet at Sportsbet io, you must first create a betting account with the betting provider. You do it like this:
- Go to the Sportsbet.io website in your web browser.
- In the upper right corner you will find the light green “Register” button.
- After you have clicked on it, you have to enter a username, a password, your e-mail address and your date of birth. A confirmation of the bookmaker’s terms and conditions is also required.
- Now you only have to specify whether your account should be in euros or Bitcoin and your betting account is fully functional.
The most common registry errors
Even if it is of course logical, I would like to expressly point out again here: Make sure that you provide completely correct information when registering. This also includes the avoidance of spelling mistakes, because these can also be interpreted as incorrect information that will take vicious revenge: the bookmaker may withhold your credit and freeze the betting account for an indefinite period of time.
Sportsbet.io login – correctly log into the player account
You can log in to Sportbet.io using the “Register” button in the top right corner. There you have to enter your username and password – you defined both yourself during registration. If you should forget your password despite this, you can generate a new one in a matter of seconds using the “Forgot your password?” Function.
Before you can place your first bet, you have to top up your betting account. It works like this at Sportsbet.io:
- Go to the bookmaker’s website and log into your sports betting account.
- There you will find the green “Deposit” button in the upper right corner, which you click on.
- Then you set your deposit amount and the desired deposit method.
- Then you get to the corresponding payment menu, where you have to complete a few details.
- Now you finally confirm the deposit and wait until the credit is available in your betting account a few moments later.
Withdrawing is of course even more important than paying in. The fastest way to do this is to do the following:
- Call up the Sportsbet.io website in your browser and log into your betting account.
- Then, strangely enough, you first have to click on the “Deposit” button. You can then select the “Withdraw” area.
- There you then enter your desired amount and select a payment method through which the payout should be made. Usually this has to be the same one you used to make your last deposit.
- Then you confirm your withdrawal request via “Withdraw” and your money should be on the way to the chosen destination after a short time.
Sportsbet.io experiences at a glance – all criteria in the test
In order to be able to evaluate a sports betting provider comprehensively, I look at certain criteria. Of course, the selection of bets and the level of the betting odds are decisive. Added to this are the bonus for new customers, the existing payment options, customer service and the performance of the website. I evaluate these and a few other criteria, and the results flow into my conclusion at the end of a test.
Odds & Odds Keys
An important criterion for making a statement about the quality of a sports betting provider is the level of the odds. This can be calculated using the average quota key. In the case of Sportsbet.io , the quota key is around 94 percent , in football it usually rises again by around two percent. These are comparatively strong values with which the bookmaker stands out from the crowd, which levels off at 93 percent. In addition to football, there are one or two outliers to discover in basketball.
Contact & customer support
When it comes to customer service, Sportsbet.io is rather minimalist : there is no service hotline, but there is an e-mail contact and live chat. However, the latter is not always available, the inquiries are then forwarded to the e-mail contact. According to the website, there is also German support in the live chat, but unfortunately this was not available during my test. As a first point of contact you will find a relatively extensive FAQ area on the website, which may already answer the most burning questions. Overall, the customer service can be expanded, here the competition sometimes has a lot more to offer.
Sportsbet.io app download & availability
Thanks to the smartphone, bets are now possible at any time of the day and from anywhere. Most betting providers provide the appropriate betting apps for this. There is no download version at Sportsbet.io. Nevertheless, you can also use the betting offer conveniently via smartphone or tablet – as soon as you call up the website via your smartphone browser, it opens in the adapted web app format on your display.
Sportsbet.io App iOS – iPhone & iPad betting app
If you want to place your bets at Sportsbet.io using an iPhone, you can do so without any problems. The optimized iOS version ran flawlessly during my test phase. Thanks to a well-structured app that values a chic design and intuitive operation, it only takes a few seconds from the bet selection to the submission. So: Green light for the Sportsbet.io iOS app!
Sportsbet.io app Android – Samsung & Huawei betting app
What applies to the iOS version of the betting app also applies to the Android version: It runs without grumbling and, thanks to good programming, offers real added value. So if you decide to open a new betting account with sportsbet.io and you have an Android smartphone such as Samsung or Huawei, I can recommend mobile use of the website without hesitation.
Available payment methods
The point “Payment methods” is not entirely unproblematic at Sportsbet.io, because the bookmaker originally only allowed payments via Bitcoin . Accordingly, you must have an e-wallet with one of the service providers offered in order to be able to make a deposit at Sportsbet.io.
After all, the betting account can now also be kept in euros, and according to the bookmaker, deposits are only permitted via credit card. How and where this is possible in the betting account, I could not determine, because the deposit methods were neither MasterCard nor Visa. A request in this regard in the live chat has so far remained unanswered.
The choice of bets
What is there to report on the range of bets? When it comes to the selection of sports, the bookmaker does not spoil and provides up to 30 disciplines , including exotic ones such as Kabaddi and Pesäpallo. As usual, football is dominant, where by far the majority of bets are found. This also applies to the number of types of bets – up to 100 different variants are possible for some matches . Overall, the selection of bets makes a good impression on me, but it is not enough for the top in the bookmaker ranking in this category.
Website & navigation
The first visit to the Sportsbet.io website leaves an impression: The classy presentation makes a difference. Admittedly, the bright green that is used to display the odds is not to everyone’s taste, but I like the rest of the look very much.
This does not apply to navigation. As usual, you can find your sports in the left column, but after that it gets a little complicated. Because: First the countries are listed and after clicking on the respective favorites, the corresponding leagues open in the middle. Continuing the selection in the left column would have been much easier and, above all, clearer. In this way, putting together a combination bet becomes a real obstacle course.
Selection of live bets
Live bets have become indispensable today. Sportsbet.io knows that too and provides a well-stocked selection of live bets around the clock. All in all, this cannot be compared with the offers from heavyweights such as bet365 or bwin, but overall it offers enough “material” to find suitable bets – also with regard to the depth of options. The live centers of the respective bets are nicely designed, a few statistics as well as a live animation appear. With selected games there is even a live stream as a bonus.
The license & security
Sportsbet.io belongs to the company mBet Solutions NV, which is based in Curacao . This is exactly where the valid betting license comes from, which enables the bookmaker to offer online bets. The seriousness of the betting provider is also demonstrated by his work as the official jersey sponsor of the English Premier League club Watford at the beginning of the 2019/2020 season.
In terms of security, there is nothing to complain about either: Like most of its competitors, the Bookie relies on the tried and tested SSL encryption technology that protects sensitive customer data from attacks.
The best Sportsbet.io alternatives at a glance
No question about it: Sportsbet.io has some strengths and will probably be able to inspire even more betting fans in the future. A few other providers, with whom I have a betting account, do the same. This gives me the advantage of always being able to place my bets where I currently get the best odds for my tips. One of my preferred betting providers is Tipico. The bookmaker offers very good odds, a large selection of bets and excellent customer service. There is also a 100% bonus for new customers of up to 100 euros and a convincing betting app. Other bookmakers I like to use include bet365, 1xbet, Funbet and bet-at-home.
Sportsbet.io Tax – Is there a fee for players?
Since 2012 it has been stipulated by law that a betting tax of 5% must be paid on winnings. The bookmakers handle this differently: While the majority levy betting tax as normal, others pay the fee for the benefit of their customers out of their own pocket and thus create an additional incentive for registration. This also applies to Sportsbet.io – amounts won end up without deductions directly on your sports betting account. Thus, no betting tax is charged at Sportsbet.io.
Are the odds better because of the sportstet.io tax?
Some bookmakers who do not levy betting tax and take on this, recoup the losses through bad odds from customers. At Sportsbet.io, however, I could not observe this. With an average odds key of around 94% , the odds are in a good range that even one or the other bookmaker cannot achieve with betting tax. Therefore, at this point there is praise for the quota structure at Sportsbet.io.
Delete Sportsbet.io account – Instructions and procedure
If you have decided to close your betting account, the best thing to do is to proceed as follows:
- Write an email to customer support asking for your betting account to be deleted.
- Also, point out to support that they may delete your personal data.
- You should also request confirmation of the account closure by email to be on the safe side.
- Now you have to wait until the customer service contacts you.
Delete Sportsbet.io account – what should you watch out for?
Before you request the closure of your sports betting account, there are a few things you should consider. First, check whether there is any remaining credit on your account. That sounds obvious, but it can easily be forgotten in a hurry. In this way you can check directly whether there is still an unused betting bonus on your account. In addition, all bets should be evaluated before you contact customer support.
Sportsbet.io experiences & evaluation – detailed conclusion
Sportsbet.io is one of the few bookmakers that focuses on Kypto currencies . These are the preferred means of payment, even if the account can be managed in euros. Payments should therefore also be possible via credit card, but I couldn’t find them in the payment menu.
What else is there to account for? With an average ratio key of 94%, the quotas are very decent and also tax-free!
The selection of bets is right and the design of the website makes a chic impression. The navigation, however, is hooked in a few places. The underdeveloped customer service and the very thin betting bonus offer room for improvement. Nevertheless: I will stay on the ball and will see whether the betting provider will make even more of its abundant potential in the future.
FAQ about the betting provider
How high is the new customer bonus?
The bonus at Sportsbet.io is 30 euros or the corresponding Bitcoin value. The bonus is credited in the form of a free bet. You get this when you have placed your first bet with a stake of exactly 10 euros.
Do I need a sportstet.io bonus code?
In order to receive the bonus for new customers in the form of a free bet, you do not have to enter a bonus code. The free bet will be automatically credited to your sports betting account after your first bet for 10 euros.
Is there a 5% betting tax for players?
You don’t have to fear a betting tax at Sportsbet.io. That means, you get your full winnings paid out. To be on the safe side, however, it is best to take care of the necessary taxation yourself.
Do you have your own app available for download?
A betting app is not available for download. But that’s not a problem, because the web app also does a good job and can be accessed via both iOS and Android devices.
How good are the odds & bet selection?
The selection of bets impresses with around 30 different sports and up to 100 types of bets per game. The odds are also within a good range with an average quota key of 94%, in football it is occasionally a little higher.
Can you register multiple times?
I can answer this question clearly: Multiple registrations are not allowed with any bookmaker. Nevertheless, there are players who try this in order to get the new customer bonus multiple times. However, I can only advise against this, because if this is not noticed during registration, then at the latest when you first try to transfer money to your own bank account. The result: the credit is retained and the sports betting account is closed.