Karamba Sports Betting Review (2020)

Karamba
4.2 / 5
  • Many Instant-Deposit methods
  • Wide Portfolio of betting markets
  • Native App available on iOS/Android
Latest Offer
Latest Offer
Bet £10 Get £15
T&C APPLY, 18+ ONLY
T&Cs APPLY, 18+ ONLY

18+, Welcome Bonus: New Players only. Min Deposit: £10. Max bonus £50. 100 spins require 3 deposits. WR 35x, spins valid for 24hrs, on selected games. Full T&Cs apply.

FEATURES

UK Gambling Commission
UK Gambling Commission License Logo
Live Stream
VIP Program
Cashout
Bet Builder
Support 247
Native App
Crypto Currency
Established in 2005

PROS

  • Live betting with cash-out function
  • Offers the most comprehensive VIP Program
  • Customer support service is available via Free Phone, Email, and Live Chat

CONS

  • Relatively small bonus
  • Biggest flaw of the website is its usability
  • Live betting with cash-out function
  • Offers the most comprehensive VIP Program
  • Customer support service is available via Free Phone, Email, and Live Chat
  • Relatively small bonus
  • Biggest flaw of the website is its usability

Founded as recently as 2005, Karamba is licensed and regulated by the United Kingdom Gambling Commission for customers residing in the United Kingdom, and by the Malta Gaming Authority for all other customers. The betting site offers competitive odds on over 25 sports and a plethora of excellent features.

The purpose of this review is to go through what Karamba has to offer and to determine whether the betting site is the right fit for you. Read on to find out and learn more about this bookmaker.

 

Registration Process
5 / 5

  • Two-step registration process
  • Proof of Identity and Proof of Address required

Karamba Registration Step One

To register at Karamba, click on the pink “JOIN” button present at the top-right hand side of your screen. As soon as you click on this button, you will be redirected to the first step of the registration process, as can be seen from the above image.

Here, you will need to enter your email address and choose a unique password. As soon as you have entered these details, click on the blue “NEXT” button.

Registration

You will then be redirected to the second step of Karamba’s registration process, where requires you to enter your first name, your last name, and your title. You must also enter your date of birth, your preferred currency, your address, your city, postcode and mobile number.

Click on the box which confirms that you have read through the betting site’s “terms”, and “privacy and cookie policy”. You can choose to opt in to receiving information about Karamba’s bonus offers as well.

As soon as you have entered the above details, click on the blue “OPEN ACCOUNT” button.

Welcome message from Karamba

At this stage, the betting site will send you an account verification link to your registered email address. Click on this link to activate your Karamba account.

'Verify your account' message from Karamba

As can be seen from the above image, a message will appear on your screen requesting you to upload documents with respect to Proof of Identity and Proof of Address before you can deposit funds into your Karamba account or initiate your first withdrawal. Click on the blue “UPLOAD MY ID” button and proceed accordingly.

These documents are compulsory for withdrawals exceeding 2,300 GBP.

Deposit and Withdrawal Options
4.5 / 5

  • A number of deposit options
  • Minimum deposit amount of 10 GBP
  • Minimum withdrawal of 10 GBP (except for Wired Transfer)
  • Maximum monthly withdrawal amount of 7,000 GBP

As soon as you have verified your Karamba account by uploading the necessary personal identification documents, you can proceed to deposit funds into your Karamba account. At the time of writing, Karamba offers several deposit options to choose from, which can also be used for withdrawals.

Some of the most popular payment methods at Karamba include Debit Card, PayPal, EntroPay, Skrill, Neteller, paysafecard and Fast Bank Transfer. The minimum deposit amount at Karamba is 10 GBP, while the maximum deposit amount varies across the different options available. Deposits are processed instantly without any fees attached.

Please note that the use of Credit Cards has been banned since the 14th of April, 2020.

The minimum withdrawal amount is 10 GBP for all withdrawal options, except for Wired Transfer. It takes up to 5 Working Days for withdrawals to be processed, and no fees are charged. The maximum amount of money that you can withdraw in a month is 7,000 GBP.

Welcome Offer
4 / 5

  • 10 GBP Free Bet Welcome Bonus (T&Cs apply)

Karamba Welcome Offer

Karamba offers a 10 GBP Free Bet welcome bonus if you deposit 10 GBP or more into your account as your first deposit. You then need to wager a qualifying sports bet of 10 GBP on odds of 1/1 or over.

You must place and settle a qualifying bet within 14 days of registering at Karamba. While the free bet does not have any wagering requirements (you can withdraw the winnings generated from the offer immediately), you must place a bet using the free bet on odds of 4/5 or greater.

You cannot split the free bet amount and place multiple bets – you have to wager the entire amount or risk forfeiting the amount not used towards a placed stake. You cannot cash out via the Free Bet either.

Deposits made via PayPal, Skrill, Skrill 1-Tap, Neteller and paysafecard do not count towards Karamba’s welcome offer bonus.

Sportsbook Promotions
5 / 5

  • Wide variety of promotional offers
  • 100 GBP SecureBet In-Play Token
  • Boost on winnings up to 77% on Accumulator Bets

Karamba promotional offers

Karamba offers a 100 GBP SecureBet In-Play Token if you correctly guess the outcome of four football matches, as advertised on the site.

KaramGuess last week's winners board

As can be seen from the above image, you have to guess the outcome of the four matches on offer at Karamba, enter your username, and click on the purple “Submit Guess” button.

If all four of your predictions come true, Karamba will award you a 100 GBP SecureBet In-Play Token the following Saturday. New rounds are on offer every Saturday and Sunday, and you could win a 200 GBP SecureBet In-Play Token if you correctly guess the outcomes of both rounds.

Once you receive a token, you must log in to your account within 24 hours to activate the token. The token must in turn be used on in-play matches within 24 hours of it being activated. Failure to do this will lead to the token amount being declared void.

There is also a great promotional offer on Accumulator Bets. If you place an Accumulator Bet on 4 or more selections, at odds of 1/5 or greater per selection, you will receive up to a boost of up to 77% on your winnings.

Here is how the boost system works:

4 selections – 4%
5 selections – 7%
6 selections – 10%
7 selections – 15%
8 selections – 20%
9 selections – 25%
10 selections – 30%
11 selections – 35%
12 selections – 40%
13 selections – 45%
14 selections – 50%
15 selections – 77%

VIP Programme

Karamba has an excellent Reward System to offer players. All customers start at the “New Member” Level and progress to higher levels as they place bets and earn a certain number of Reward Points.

Karamba VIP Levels

For every 40 GBP you wager, you will receive 1 Reward Point. You can choose to redeem Reward Points as well without affecting your VIP level.

At the “New Member” level, you can redeem 1 GBP in exchange for 35 Reward Points, and at the “Prestige VIP” level (the highest tier), you can redeem 1 GBP in exchange for 15 Reward Points.

LevelPoints RangeRedemption Rate
New Member0-1035
Bronze10-6030
Silver VIP60-35028
Gold VIP350-1,00025
Platinum VIP1,000+23
Premium VIPInvite Only20
Prestige VIPInvite Only15

As you rise above the ranks, you will also receive invitations to special tournaments, dedicated raffles, free games, a birthday bonus, a personal account manager, and unique promotional offers, among other attractive perks.

Pre-Match Offer
4 / 5

  • Competitive odds on over 25 sports
  • Active sports markets
  • Above-average in-play section
  • Limited Special markets

Pre Match Offer

Karamba offers odds on over 25 sports, along with a generous selection of markets for popular sports like football, tennis, cricket and basketball. There are also rather unique sports markets such as bandy, cycling and futsal. Punters of all tastes are sure to be satisfied with a myriad of options and sports to bet on. 

The minimum stake that you can place on a sports market at Karamba is 0.1 GBP. The maximum stake differs from sport to sport, and depends on the number of selections that you have made, and the odds in favour of the bet that you want to place.

The maximum winning limit is highest for football, and is capped at 50,000 GBP. The maximum winning limit for horse racing is 35,000 GBP.

You should always work out the bookmaker margin before placing a bet on a new site. Margins which exceed the 110% mark are usually not worth betting with; margins nearer to the 100% mark are preferred, as they indicate an active and competitive nature of the odds on offer.

A diligent punter can calculate a bookmaker’s margin by determining the Odds Overround. To do this, convert the fractional outcomes of a betting variant into its decimal form. Divide each outcome by 100, and add the resulting numbers together. You can easily determine the bookmaker’s margin for that particular betting variant with the result.

We determined the Odds Overround for a match which is to be contested in the English FA Cup. The Odds Overround were found to be 103.26, which indicates that Karamba offers active markets with a competitive nature.

Open a Free Account with Karamba

Esports

Karamba offers a variety of esports markets based on several local and international tournaments. You can find odds on League of Legends, Counter-Strike: Global Offensive and Dota 2.

The minimum stake that you can place on an esports market at Karamba is 0.1 GBP, while the maximum stake differs from esport to esport, and depends on the number of selections that you have made and the odds in favour of the bet that you want to place.

Other Specials

At the time of writing, Karamba is offering odds on Eurovision 2020 – Winner, BBC Sports Personality of the Year 2020 – Winner, and Dancing on Ice 2020 – Winner. UPDATE: Due to the global pandemic of 2020, the Eurovision 2020 has been cancelled.

We hope that Karamba will offer odds on a larger number of Special markets in the near future.

The minimum stake that you can place on a Specials market at Karamba is 0.1 GBP, while the maximum stake differs from Special to Special, and depends on the number of selections that you have made and the odds in favour of the bet that you want to place.

Cash Out and Bet Builder

At the time of writing, Karamba is offering its customers Cash Out, but not Bet Builder. Given the popularity of Bet Builder, we hope it won’t be long before Karamba offers this option to its customers.

Cash Out is an excellent feature which allows you to withdraw money from your bet before the events in question has finished. This tool may be used in situations in which you feel that you may go on to lose a placed bet. You may even, on the other hand, go on to win more or less than your initially placed stake. The amount of money retrieved via Cash Out depends on the odds in favour of your placed bet at the time and the exact instance of your cashing out.

Live Offer
3.5 / 5

  • Above-average in-play section
  • Fast Market for football and tennis
  • No live streaming services available

Upon accessing Karamba’s “Sports Betting” section, you will see in-play matches at the centre of your screen. Click on a match of your choice to access its in-play section.

Karamba offers limited in-play options. However, you can find a graphical representation of an ongoing match, a scorecard, and a variety of popular and unique betting variants. The site’s scorecard comes provides statistics for ongoing matches, and its graphical representation for a live match comes with second-by-second live updates.

Karamba’s Fast Market feature allows you to bet on something that you think may happen in the next 1, or 5 minutes of a football match. This could be a Goal, a Corner Kick, a Throw-In or a Goal Kick, among other options.

Fast Market is available for tennis as well.

Unfortunately, Karamba does not enable players to live stream matches, nor does it come with a multi-view option. Hopefully this will change sooner rather than later.

Security
4.5 / 5

  • Licensed and regulated by the United Kingdom Gambling Commission for UK customers
  • Licensed and regulated by the Malta Gaming Authority for all other customers
  • Number of safe gambling tools available

Karamba ensures that the funds that you have stored on the betting site are protected from hackers and online fraud, and that your personal identification information is not misused by third-party organizations.

To access the responsible gambling section, scroll down to the bottom of your screen and click on the “Responsible Gaming” option present at the bottom-left of your screen.

There is a 12-question test at the top of the page which you can take to assess your gambling activity over the last 12 months. You’ll also find options to set daily, weekly, or monthly deposit limits, as well as a “Cool Off” tool to suspend your betting activity for a short time frame, if you feel the need to do so.

Self-exclusion is an elongated version of “Cool Off” which allows you to suspend your betting activity for 1 month, 3 months, 6 months, or permanently. You can also make use of the “Reality Check” option, which will remind you of the amount of time you have spent on Karamba during an active session, as well as “Session Time Limits”.

All the numbers that are generated on the betting site are the result of a random number generation procedure. Karamba has no control over you winning or losing a placed bet.

 

Service and Customer Support
4 / 5

  • Customer support available via phone, email and live chat
  • Can be reached from 06:00 – 23:00 GMT
  • Detailed FAQ section

Karamba's Contact Us window

Customer support service on Karamba is available from 06:00 to 23:00 GMT via email and live chat. To access Karamba’s contact section, scroll down to the bottom of your screen, and click on the “Contact US” option present at the bottom-left.

If you would like to initiate a live chat, which is often the easiest and quickest solution to solving a query, click on the grey “Chat with us” button. A chat box will pop up at the bottom-right of your screen. Simply enter your name and your email address, and then click on the blue “Start Chat” button. You will then be connected to a customer support representative almost immediately.

If you would rather send an email, click on the “Contact us by e-mail” option, where you can also find the FAQ section. Enter your email address and choose your mode of inquiry. Enter the subject of your query, and click on the blue “SUBMIT” button. You should receive a response within a day.

If you would rather call a customer support representative, you can call Karamba at 0808 8020 133. A customer support representative should call you back if your call is not picked up for whatever reason.

Design and Usability
2.5 / 5

  • Simple site design
  • Accessible and user-friendly
  • Certain options are somewhat unresponsive at times

Karamba’s website comes with a simple design, cast in sky blue and white. All major options of access are readily available on the home page. However, some of these may not respond at times, and you may have to refresh your page or click on the option more than once before it leads you to the page/section you want to go to. As you can imagine, this can get more than a little frustrating over time.

The betting site’s main navigation bar  allows you to access Karamba’s “Casino”, “Live Casino”, “Scratchcards”, and “Sports” sections.

Mobile
5 / 5

  • Excellent “Karamba Casino” app
  • Available for both Android and iOS users
  • Mobile-friendly site version

The “Karamba Casino” app allows you to play your favourite Casino, Live Casino, and Scratchcards games on the go, from wherever you are and whenever you want. You can also place bets on your favourite sports markets. Players can download Karamba’s app from Google Play and App Store directly.

The app is also graphically superior to its desktop counterpart, and comes with several options which are designed to offer extreme ease of navigation.

Karamba’s mobile-friendly website is an excellent option for those who wish to bet using their mobile phone,without having to install an app. It is compatible with modern devices with updated browsers.

Other Products

  • Casino, Live Casino and Scratchcards available
  • An excellent Casino welcome offer bonus is available for customers
  • Karamba’s VIP bonus applies to all bets/games which involve real money

To access the Casino selections, click on the option of your choice at the top-left hand side of your screen. Karamba offers a wide variety of video slots as well as casino games, such as “DRAGONS OF THE NORTH”, and “WOLF RICHES”. 

When it comes to their Live Casino section, Karamba offers Blackjack, Roulette and Baccarat games. Regarding their Scratchcards, several games are also on offer (including Casino Scratch), with titles like “POWER Cash” and “QUEEN OF DIAMONDS” to choose from. 

Karamba’s Casino also offers a welcome offer bonus which spans across three days. On your first day (the day you register), you will receive a 100% welcome offer bonus up to 200 GBP and 20 Free Spins.

On the second day (the day after you register at Karamba), you will receive 40 Free Spins. Finally, on the third day, you will get 40 Free Spins along with a surprise bonus.

To  activate this bonus, you must deposit a minimum of 10 GBP into your Karamba account and wager the bonus amount 35 times. You can only use the Free Spins on a game called “Fruity Friends”, and they must be used within a day of them being awarded.

The winnings on the awarded Free Spins must be wagered 35 times as well. You can withdraw the winnings on the welcome offer bonus amount and the awarded Free Spins only after meeting Karamba’s wagering requirements.

 

ThePuntersPage Final Say

Karamba does have a few flaws which need ironing out. Perhaps the biggest flaw of the website is its usability. As we have already mentioned above, there were several instances in which an option of access did not work. These options had to be clicked on a multitude of times before they responded.

Another weakness is that Karamba’s Special markets are limited, and the in-play section is nothing to write home about either, without any live streaming services for customers.

That being said, the site is safe, reliable, and secure, and offers a very good VIP Programme. The sports markets are active and offer competitive odds, and there is a generous amount of responsible gambling tools, proving that Karamba really does care about its players.

Karamba’s app is an excellent tool, and can be directly and easily downloaded from Google Play and App Store. The betting site comes with a comprehensive, option-laden responsible gambling section as well. Overall, once Karamba works on its usability issues, it should be a force to contend with.

OVERALL RATING:
4.2 / 5