LootBet, a Cyprus-based sports betting site is mainly about wagering on eSports. Although it also offers markets for traditional sports, it remains famous and loved for lucrative options for betting on cyber sports. This LootBet review will reveal its pros, cons, and features for casual bettors and avid eSports fans. We will cover all the essentials, from betting markets to casino games and bonuses, and share our unbiased view on LootBet’s overall performance.
Pros and Cons
Great eSports offer
Wide coverage of many cyber sports events.
Competitive eSports odds
Lootbet includes an average margin of 7%.
Many payment options
LootBet offers all popular types of payment methods, including crypto wallets.
Nice welcome bonus
A first deposit bonus of up to $100.
Small selection of promos
There are only a few bonuses for sports and eSports bettors besides the welcome gift.
High margin on sports betting
How to Use LootBet Betting Site?
LootBet is barely different from the most online sportsbooks you come across on the Internet. However, if you’ve never placed a wager, our next instructions might help. If you face any issues, you can also reach LootBet’s customer service agents: jumping ahead, they are professional and responsive.
Loot Bet Account Registration
Loot Bet offers several registration options. To register via an email address, just complete two steps:
- Press the Sign-Up button in the right upper corner;
- Type in your email address and password.
You will receive a confirmation email; follow the link in this email, and your account is ready to go.
Besides, you can opt for a single-click registration via the following social network accounts:
- VK (Facebook-like social network in CIS);
- Steam account;
Make Your First Deposit
LootBet offers several convenient deposit methods. Although it mainly targets CIS customers, you can find a range of international options, available worldwide.
To top up your account, you need to enter the Deposit section, choose a preferred option, indicate the deposit amount, and follow the further instructions. In most cases, you will need to enter your card or wallet details — simple as that.
Here are the methods you can use to top up your account:
- Visa/Mastercard/MIR credit and debit cards;
- Yandex Money;
Most deposits arrive almost instantly, but it’s important to mind the minimum deposit amount suggested for every method. The thing is you can deposit less; however, your deposit may stick in the system and never appear on your account, even if you send more funds later.
One of the methods that deserves a special attention in relation to eSports wagering is skin betting.
This is what the SkinPay option offers. Instead of gambling on real money, you can place your esports bets using in-game currency like skins — paid or free visual effects for your game characters.
Betting works in a traditional way at LootBet. You need to choose a betting market (select a sports discipline or a cyber sport in a menu on the left), and an outcome. Add the outcome to the bet slip by clicking on its odds.
If you enter several picks, you can create a parlay — a multiple wager that wins only when every single pick wins. After you are ready with your picks, enter your stake amount and confirm the wager. The minimal wager is as small as €0,5, so LootBet is obviously loyal towards all types of audience, including casual and beginning bettors.
Withdrawing funds are also simple enough. You can only request a payout via the same method you used to deposit, which makes it pretty straightforward. To avoid any fraud, including money laundering, Loot.Bet only allows to withdraw to the same card or wallet. If you have any issues with getting a payout to a particular method, you will need to contact the customer support.
Besides, LootBet’s withdrawal policy may imply a double-check of your identity or your betting activity.
If the site’s agents suppose you made some unfair bets or have any other doubts, they might invite you to a video interview. This interview will consist of several questions about your wagers and deposits, and ill become one of the payout request steps.
Let’s now look at the essentials of LootBet. In this block, we will consider available betting options, the site’s reputation, countries that can join LootBet, and more. As we’ve already mention, the site is not just about eSports, so let’s look at what it offers for both casual bettors and avid cybersports fans.
License and Legality
Before we get to betting odds and markets, can you use LootBet just anywhere? And, what is more important, is LootBet legal at all? Good news is that the platform holds an official gambling license from the Curacao Gambling Committee, one of the top popular remote sports betting and casino regulators. What does it mean for a bettor? At least, you can be sure that the site goes through regular audits and works under a strict control of a third-party company. Although you can’t apply to the Curacao committee with any complaints directly, it’s still a particular guarantee of your security.
Available Countries for Online Sports Betting
Loot.Bet is available worldwide, but has particular restrictions. Ridiculously, being aimed at the CIS players, it’s blocked in Russia and most other CIS countries. However, you can safely visit LootBet if you come from the United States, African countries, and most of the Europe. Still, the UK, Germany, Austria, and some regions, including Curacao itself, are blocked. If you use some mirrors or VPNs, make sure you won’t get into a trouble with your local gambling law.
User Feedbacks About Loot.Bet
We checked various independent review platforms, including AskGamblers and TrustPilot. The LootBet’s ranking is pretty high, especially if you compare it with many other sports betting sites worldwide. Still, there is a range of complaints about payouts.
Some users claim that LootBet blames customers for making unfair bets and thus zero their deposits even after the interview.
The others complain about withdrawal delays.
Still, we were pleased to see Loot.Bet’s presence at all the review platforms: their agents reply to customers’ complaints on Trust Pilot and other sites and try to solve the issues, so it seems the site cares about its reputation.
Finally, betting lines and odds. We dedicated a special section for Loot.Bet eSports betting world in this review, and will cover all available cyber disciplines later, so what else does LootBet have? Here are the available sports not related to PC games:
- Table Tennis;
- Ice Hockey;
The choice is pretty vast for a website focusing on eSports, so what’s the coverage like? It’s pretty impressive, too: at the least the biggest events contain many markets that go far beyond traditional lines. For instance, an UEFA Champions League game can involve the following betting options:
- Match Winner (Main Time);
- Match Winner (First/Second Half);
- Handicap Betting (Main Time);
- Handicap (First/Second Half);
- To Qualify (Main Time/First Half);
- Double Chance;
- Team to Score the Next Goal;
- Last Goal in the Match to Score;
- Match Result and Total;
- Correct Score;
- Both to Score (Main Time/First/Second half);
- Team to Win to Nil;
- To Win by Penalties;
- To Win in Overtime, and more.
However, the choice of bets is not so generous for the other sports: for instance, most basketball, tennis, or ice hockey events modestly come with only the three traditional wagers: money line, handicap, and totals. The odds can’t also be called competitive: even top soccer matches include a margin from 7%, so you can obviously find much more interesting offers on the market. Still, LootBet is mainly famous as a dedicated eSports betting site, so let’s look at the odds it offers for cyber events.
The range of eSports betting markets is much wider than the one for the traditional sports. The coverage involves not only the major tournaments, but some local events, too.
The average margin for cybersports is still about 7%: it rarely goes higher for Match Winner bets or Maps wagers.
However, its competitive enough for eSports betting sites and doesn’t exceed the average industry percent. So, if you bet on sports for profit, LootBet is not at all the worst option.
Live betting options are available for both eSports and traditional sports. The number of markets and the overall odds quality are on the decent level, so you can’t complain about the lack of offers. Some events have live streams available right on the site for everyone who wagered on a match or has a positive deposit.
Loot.Bet Bonuses and Promotions
At the moment, Loot.Bet doesn’t offer many bonuses, but, like decent esports betting sites has a number of interesting promos. However, you can still opt for a welcome gift after you sign up. Probably, it’s temporary: at least a couple of month ago, Loot.Bet was pretty generous to provide new and existing customers with free bets and other promos, so let’s take a retrospective look, hoping something changes in the nearest future.
When you register at Loot.Bet and make a first deposit of at least €10, you receive a €100 deposit match bonus of up to €100 and 35 free spins for playing casino. Although the bonus looks pretty straightforward and fair, it implies pretty harsh rollover requirements, that are not so easy to meet. We’ll mention them later, after discussing another bonus type, that might appear on the site later.
To get a welcome bonus, use the LOOT promo code.
Another bonus that you might get if you are lucky to find a promo code is the deposit bonus. It works the same as the first deposit one, but is available for any deposits you make — except the ones you do via a Bitcoin wallet or any other cryptocurrency payment method.
What about the wagering requirements? You need to rollover both the deposit and the bonus amount ten times within a month. If you opted for the maximum possible bonus, you will need to wager €200, which is a pretty significant sum for a casual bettor. Thus, make sure you will meet the wagering requirements for sure before you apply any promos: if you fail, you won’t simply withdraw your deposits and winnings.
Finally, there is a €20 free bet bonus that LootBet offers to pick at its Discord server.
Loot.Bet Bonus Code
At the moment, LootBet offers the LOOT promo code for the first-time visitors: you need to apply it when you make your first deposit to get the bonus. The other promo codes appear from time to time, so we will keep you updated.
Loot.Bet Esports Betting Markets
Now it’s time to speak about the main Loot.Bet’s perk and finally look at it as on an eSports betting platform. We will review the most popular disciplines in detail; however, there are many more of them.
The list starts with the hits like the CS: GO and League of Legends, but is not limited by it.
It involves such titles as King of Glory, Underlords, FIFA, PUBG, Halo, HearthStone, Quake, and more. The coverage consists of major and minor tournaments worldwide, and is much wider than a couple of Match Winner and Handicap markets.
League of Legends
The LOL pre-game and live markets are available for most big events, including LLA Opening, Elite Series Spring, CBLOL Split 1, LCK Spring, LPL Spring, and many more. Unlike many eSports betting sites, the number of betting markets can reach approximately thirty, including the following ones:
- Map 1/2/3 Winner;
- Map 1/2/3 team to score the most kills handicap;
- Map total kills scored;
- Map towers handicap;
- Map Team 1/2 total kills;
- Map most inhibitors 3 way;
- Map total barons slain;
- Map most towers;
- Map 2 total inhibitors destroyed Over/Under;
- Correct Score, and more.
Counter Strike Global Offensive
Besides the famous ESL league, you can wager on various events including the Finnish Pelajaat, ESEA Advanced Europe, EPULZE Invitational, TP Bitcoin series, and more.
Every event involves a large number of markets, and you’ll hardly find a better coverage anywhere else. The betting options can reach fifty or sixty, including various handicap options, and props.
For instance, here is a small part of a match coupon for the G2 vs. Entropiq match within the ESL league:
- Map 1 winner 3-way in the main time;
- Map 1 winner;
- Map 2 winner 3-way in the main time;
- Map 3 winner 3-way in the main time;
- Map 1 will ace;
- Map 1 Zeus Kill on Map;
- Pistol Round Winner;
- Map 1 round 1 first kill;
- Map 1 overtime;
- Map 1 Molotov kill;
- Map handicap;
- Total maps 2.5;
- Correct Score, and many more.
The Blizzard Entertainment title is not as popular as CS: GO or LOL, but still has much to offer for players, fans, and bettors. Loot.Bet doesn’t always offer odds for StarCraft, but if it does, you can wager on the WCS Premier League, The DreamHack Open, and couple of more tournaments. The number of betting options is not that big, but still involves all possible options implied by a gameplay, for instance:
- Match winner;
- Map Winner;
- Team to win at least 1 map;
- Team A/B will not win any map;
- Correct Score (Map);
- Map Totals, and more sometimes.
Another Blizzard hit, Overwatch, also has a bit limited betting choice, but you can still wager on major matches and opt for the following markets:
- Match Winner;
- Top Player;
- Card Winner.
There are also Overwatch Futures bets: you can try to predict the winner of the season or some other titles.
The most popular wager on Rainbow 6 is the moneyline, but you can also find markets for the regional winner or handicap bets. The list of tournaments is comparatively small, but you will definitely find them all at LootBet. At least, you can be sure to get odds for R6 Pro League, Six Major, Six Invitationals.
LootBet Online Casino
LootBet has a pretty large casino library with almost two thousand games, including slots and tables from different providers like BetSoft, PlaySon, and more. No games require downloading and are available from PC and mobile devices for instant play.
Available Casino Games
LootBet has several gaming categories that you can search by titles. For instance, if you want to play roulette or blackjack, you can type in ‘Roulette’ or ‘Blackjack’ in a search bar to see all relevant games. However, there are no filters by provider, or a gaming category. Another con: you won’t find any live dealer games: only RNG options that contain different versions of video poker, roulette, baccarat, blackjack, keno, and hi-lo.
The most part of the library consists of slots. Unfortunately, you can’t sort them by a theme, volatility, or type. Instead, you can choose from the following categories:
The collection is rich enough and involves the top famous games familiar to most casino fans.
Among them are the Netent’s Gonzo Quest, various Megaways slots, and classical three-reels slot machines.
LootBet: General Overview
LootBet is a pretty convenient website: at least, we haven’t noticed any lags or crashes and suppose it has a very user-friendly layout. Although it doesn’t have native apps, you can use a neat mobile version, allowing access to all LootBet features from any device.
Usability of Loot Bet Betting Site
The site is divided into four major sections: eSports, Sports, Games, Ladder, Promo, and News. The design is not overwhelming and allows you to quickly find tabs and sections you need. It might be pretty inconvenient to not have a separate Live betting section, but you will easily see all events that went live in the full list of matches.
The site is available in nine languages, including English, Russian, Chinese, Tagalog, Turkish, German, Spanish, and Polish. For your convenience, you can switch between various odds formats as follows:
- Hong Kong.
When you want to wager on eSports, you can use a search filter to find the events by a team or a game, which is another pleasant detail showing the site.
Yes, Lootbet is a legal sportsbook and casino, officially licensed by the Curacao Gaming Control Board. However, we recommend you to check if online gambling is legal in your country, no matter if LootBet gives you access or not.
Besides cyber disciplines, you can wager on traditional sports like soccer, basketball, tennis, ice hockey, and other traditional sporting events.
Lootbet is a fully remote sports betting site, mainly focusing on esports betting world, but also offering casino games and wagers on traditional disciplines.
LootBet offers various traditional fiat payment options like credit cards and ewallets, Bitcoin wallets, and SkinPay for wagering with in-game currencies. You can only withdraw using a method you chose for making a deposit.
Last updated on 19 Feb 2023 - 21:20