Loot.Bet is a new online betting site dedicated to esports markets. The bookmaker is new and still building its reputation as an online casino, but is fast gaining popularity because of its great service delivery and esports coverage. In this review, online betting enthusiasts will get to discover more about the site, its workings, betting types, customer support, games, and so much more.
Overall Rating 4.6/5:
- Betting Markets: 4.5
- Payment and Withdrawal Options: 4.5
- Welcome Bonus: 4.5
- Customer Service: 4.5
- User Interface: 5
Though it is new as an online bookmaker, Loot.Bet betting site is rated highly by users in many Loot.Bet reviews. The betting markets on the website are vast and much more than those seen in other esports sites and casinos. Being dedicated to esports, it is expected that it will have broad coverage of esports games, and it does not fail in that regard. There are several deposit and withdrawal options available for punters to use for transactions, and they are all free to use—the Loot.Bet welcome bonus is also generous when compared to other esports sites and can be accessed with a deposit as low as €5.
When it comes to customer support and navigation on the website, this bookmaker deserves accolades. This is because the website is designed in such a way that users can easily find their way, while the customer support is always willing and ready to attend to any issues or complaints users may have.
The Loot.Bet betting site is owned and operated by LiveStream Limited, which is based in Cyprus. It was launched as an online esports betting site in late 2016 and holds a licence from the Government of Curacao. It is primarily dedicated to Esports games betting and is focused on making its users enjoy their experience on the site.
How It Works
Using the website is easy as it is designed in such a way that anyone can understand its workings. Signing up to the site is very easy and takes a few minutes. After that is completed, the new user can make their first deposit and begin betting on their favorite esports games. Wagering is also easy, as one only needs to click on the preferred wagering option, which is automatically added to the betting slip. Users of the site have no issues using it, which is a testament to the great design and ease of navigation.
Another thing worthy of note is the sleek website design with a dark background and colorful graphics. It is undoubtedly a website made for gamblers.
The Loot.Bet welcome bonus is a reward for new users of the site. The users can claim this bonus on making their first deposit. The bonus is activated by using the code “LOOT.” This doubles the deposit made. The minimum deposit is €5, and the bonus can double a new user’s deposit up to €100. However, there are terms and conditions attached to the bonus. New users have to place bets of odds 1.90 or more, totaling an amount that is 10x the full amount of the bonus within 180 days of their deposit.
Location And Age Restriction
In compliance with betting rules, Loot.Bet rules restrict those below the age of 18 from betting on the site. The fact that the site is only licensed by the government of Curacao means that it is restricted in the following countries:
- France and its territories
- Northern Ireland
Esports Games Offered
It is being dedicated to Esports, the Loot.Bet Esports section is filled with loads of esports games, ranging from the most popular to those that are not. Some of the games available on Loot.Bet esports include League of Legends, CS:GO, Dota 2, Overwatch, Hearthstone, StarCraft II, Crossfire, Halo, Call of Duty, FIFA, NBA 2K, Heroes of the Storm, Smite, VainGlory, World of Tanks, and many more.
A sportsbook section was recently added, giving gamblers the chance to bet on some of the popular sports games like football, tennis, basketball, ice hockey, handball, volleyball, etc.
Types Of Bets
The betting markets available on Loot.Bet esports include:
- Match winner
- Winner of maps
- Highest total kills
- First blood
- First to kill
- Total time
- Odd/even kills
- Knife kills
- Molotov kills
- Grenade kills
- And many more.
The Loot.Bet odds are competitive and comparable with other esports betting sites. The minimum bet limit on the site is €0.5.
They are becoming a Loot.Bet member is easy. After clicking on the signup tab, new users should proceed to input the information required of them, after which they are verified and become members. The site may request proof of identification during withdrawals to prevent scam or fraud.
Promotions And Bonus
Aside from the welcome bonus, there are other promotions and Loot.Bet bonus for existing and active users. One such is the Weekly Winners Ladder, which includes users that have placed real money bets. The top 3 highest winners for each week are rewarded. The top prize winner gets a Dota 2 Arcana or Covert/Classified CS:GO skin. The 2nd place winner gets a Dota 2 Immortal treasure or Covert/Classified/ Restricted CS:GO Skin. The winner of 3rd place is rewarded with a Dota 2 Common/rare set Courier or Restricted/Mil-Spec CS:GO skin. Other bonuses on the website occur occasionally and pop up on a user’s interface when they do.
Just like other esports betting sites, Loot.Bet has its special features. These include:
- Live-betting feature, which allows users to bet on games that are in progress. You can bet on multiple live games and the available betting markets at that time.
- Live streaming feature, which allows users to stream live games on the website, following the event as it unfolds.
Though there is no Loop.Bet app, the website is optimized to work on mobile platforms. A mobile version of the site can also be added to one’s mobile phone home screen for easy access.
Deposit And Withdrawal Options
There are various methods for paying into one’s account. These include Diners Club, Visa, MasterCard, iDeal, Neteller, Skrill, Skinspay, and Bitcoin. When withdrawing earnings, users have to use the payment method they employed when making deposits. This complies with international laws on money laundering. The withdrawal process takes within 24 hours for completion. On public holidays, it may take up to 72 hours.
Privacy And Security
Loot.Bet is licensed by the Government of Curacao, which makes it a legal entity. The privacy and funds of its users are safe because the site complies with PCI DSS standards.
The Loot.Bet customer support is available via email, live chat, and telephone. There is also a FAQ section that provides answers to possible questions that users may have. The customer support is always ready to attend to any user complaints and also reply swiftly. The downside is that the live chat and telephone features are not available for 24 hours but only open on weekdays from 9 am to 5 pm.
- Wide esports coverage
- Live Streaming and live-betting is available
- It accepts multiple payment options including Bitcoin and Skins
- Competitive Odds
- The website is easy to use and is optimized for mobile usage.
- Not available in the US, the UK, and some other countries
- Very few bonuses and promotions available
- Customer service is not available on a 24-hour basis.
You might be asking yourself, “Is Loot.Bet good?” Well, despite being new to the online betting space, Loot.Bet has done quite well in the few years of its existence and represents a good place for gamblers to wagering on their favorite esports games. However, they need to upgrade their licence so that they can become available in countries like the US and the UK, and reach more customers. The site is well managed with good features, a sleek website design, excellent customer service, competitive odds, and a wide esports coverage standing it in good stead. With the high number of satisfied customers on the platform, the verdict is that it is well worth a try.
Can I Play If I Am Below 18?
No, you cannot. The website, in obedience to Sports gambling rules, does not admit those below the age of 18 to its platform. If it is discovered that a user is below the stipulated age, the person’s account would be suspended until they get to the legal age.
Can One Use More Than One Account?
No. Loot.Bet rules of service state that a user can have only one registered account.
Is There A Loot.Bet App?
At the moment, there is no such app, but the website is mobile friendly and easy to navigate. There is also a mobile version of the app that is available as a shortcut. This can be added to the home screen of a user’s mobile device, making it easy to access the site without having to go to the browser.
Is Loot.Bet Legal? Is Loot.Bet Safe?
The answers are yes. Loot.Bet is licensed and very safe.