Best Bookmakers / LOOT.BET

LOOT.BET Review

Loot.bet is one of the veterans in the esports betting scene. They launched back in 2016 and are managed by Livestream Ltd. that is based in Cyprus. Loot.bet is a really popular esports betting site that focuses on esports only and has clearly been designed with esports fans in mind as they offer betting options on more than twenty games that include streaming for live events of course, and have a big markets coverage with competitive odds. No traditional sports are available for users to bet on, but they do offer a small online casino in addition to its impressive esports product. 

Bonuses

8 / 10

LOOT.BET offer the following Bonus:

100% up to €100 Deposit Welcome Bonus

LOOT.BET will offer a 100% matched deposit bonus up o €100 on your first deposit.

Bonus code: "MALTA". The 100% match up to €100 must be wagered 10x times on odds of at least 1.79 within 15 days and in addition, offers 10 Free Spins on the Counter Punch Pro slot machine by using the bonus code “MALTA.” The bonus is a hybrid bonus, where players can use the deposit bonus for both betting on esports and the 100 spins to users can try out Loot.bet’s casino site.

 

CLAIM BONUS
Interested in what other bookmakers are offering?BONUS COMPARISON

Sport / Game Coverage

8 / 10

The margin is around 7% for a 2-way Winner market and more than 10% for 3-way, which is not very competitive, but close to the industry standard. Need to keep in mind that Esports margins might be slightly higher when compared to traditional sports

 

esports

Dota2
CS:GO
LoL
FIFA
King of Glory
Rainbow Six
StarCraft II
NHL
Call of Duty
NBA
Rocket League
Hearthstone
Overwatch

others

Casino

Responsible Gaming

8 / 10

Due to the license that LOOT.BET is currently holding and operating under, there are fewer requirements related to Responsible Gambling, which means that self-imposed account limits are not available, but there are a number of organizations which are mentioned in the Responsible Gambling section of the website.

Organizations

GamCare
Gamblers Anonymous
Gambling Therapy
NetNanny
CyberPatrol

Deposit & Withdrawal

9 / 10

Loot.bet allows multiple different currencies on the same account. This differs from normal online sportsbooks, where an account is usually restricted to only one type of currency. The site recommends that the user keep a paper copy of the transaction record and a copy of Loot.bet’s Terms and Conditions.

 

payment options

Visa
МИР
Skrill
Neteller
EcoPayz
WebMoney
Qiwi
Yandex Money
Moneta Ru
Skinpay
Mastercard
Trustly
Bank Transfer

withdrawal options

Visa
Mastercard
МИР
Skrill
Neteller
EcoPayz
WebMoney
Qiwi
Yandex Money
Moneta Ru
Skinpay
Trustly
Bank Transfer

Users won’t have to pay a withdrawal commission if they roll over (wager) their deposit at least one time. If the deposit isn’t wagered, Loot.bet reserves the right to deduct an 8% fee with a minimum sum of 4 euros (or the equivalent in different currency). Loot.bet says that they have this in place in order to combat money laundering.

 

All withdrawals from Loot.bet must be made to the original debit, credit card, bank account, method of payment used to make the payment to the users account. The site may allow a user to withdraw to a different payment method, but Loot.bet decides when and where that can happen.

When a user’s balance is more than ten times the size of the total sum of a user’s deposits, players may only withdraw up to €5,000 per month. In other cases where the above does not apply, the maximum withdrawal amount per month is €10,000.

 

After users initiate a withdrawal request, Loot.net will take anywhere from one hour to three days to check the request. Once approved, the withdrawal is processed within 12 hours. 

Onboarding Process

10 / 10

Registering with Loot.bet is an easy process. It requires only an email and password and afterward the account information can be completed.

Account Verification

Account Verification

  • Verification is not required when a user registers, but documents may/will be requested when a player attempts any deposits or withdrawals
  • Users will need to provide proof of identity, like a valid ID card or passport. 
  • If a users decides to deposit with a credit or debit card, they will also need to provide a photo of the card with the first 6 and the last 4 digits visible while covering the middle 6 digits. 
  • Loot.bet will most likely require proof of address This serves as the site’s account verification process.
  • This verification is usually done on the same day, but sometimes can take up to 72 hours.

Customer Service

8 / 10

Loot.bet’s live chat customer service was exceptional. They offered easy answers to the questions asked. Unfortunately, any emails sent to Loot.bet weren’t returned within 24 hours.

channels

Live Chat
Email
Phone
FAQ

Availability

24/7

Utility Features

8 / 10
  • Cashout (for single bets only)

Get your winnings before the event you bet on ends

  • Live streaming for Esports events

Enjoy watching the events live while you bet on them

  • Launcher for macOS

Get easier access to your favorite application

Additional Information

Excluded countries

United States
United States Minor Outlying Islands
France
French Guiana
French Polynesia
French Southern Territories
Saint Martin (French part)
Netherlands
Belize
Belarus
United Kingdom
Cyprus
Malta
SHOW MORE

Languages

English
Russian
Spanish
German
Chinese
Polish
Turkish
Portuguese
Filipino

Currency accepted

EUR
USD
RUB
PHP
BTC
ETH