Sportsbet.io Sports Betting Review (2024)
- Crypto-based betting site
- Wide range of promotions
- Helpful info on how to bet with crypto
Important
Please note that Sportsbet.io is no longer available in the UK.
Sportsbet.io Quick Facts
- Competitive odds on offer
- Active betting markets
- Dedicated statistics section
- Feature-laden all-round live betting arena
- Focused on Crypto betting
- Cash out and bet builder available.
- Limited payment options
- 24/7 support not available
- No sportsbook welcome offer
- No VIP/loyalty programme
- No live streaming service
Sportsbet.io Sports Betting Review
Founded in 2016, Sportsbet.io bases itself on three core principles – fun, fast, and fair. This sportsbook offers a plethora of live events to punt on every month and a variety of betting markets. Sportsbet.io is the main club sponsor of Watford Football Club and the official shirt sponsor of the Brazilian football club, Flamengo.
The purpose of this review is to rate the boomaker’s various offerings and to determine whether Sportsbet.io is indeed a worthy option for you, the bettor.
Registration Process 4.5/5
- Registration process consists of three steps
- Maximum deposit limit of £100,000
- Verify your identity to withdraw funds
To register at Sportsbet.io, you must click on the green ‘Join now’ button, which is present at the top-right hand side of your screen. As can be seen from the above image, the first step of the registration process requires you to select your gender, enter your full name, enter your date of birth, and enter your email address. Click on the green ‘Next’ button after you have correctly entered these details.
The second step of the registration process requires you to select your country of residence, enter your mobile number (+44), and enter your full address. Again, click on the green ‘Next’ button when you have correctly entered these details.
The final step of the registration process requires you to create a unique username, create a password, confirm the created password, select the representation of odds that you prefer (fractional), select your preferred currency, enter a bonus code (if any), and set a deposit limit, if you wish to. You can set a daily, weekly, or monthly deposit limit, capped at £100,000.
Once you have correctly entered these details, you must tick the box that confirms that you are at least 18 years of age, and that you have understood and accepted the Privacy Policy and Terms and Conditions. If you would like to receive bonus and marketing information via email, SMS, phone call, mail (or all), you can tick the respective boxes.
Once you have entered these details, click on the green ‘Create my account’ button.
At this stage, your registration is complete. You can choose to deposit funds into your account on an immediate basis, or check the odds on offer first. It must be noted that you cannot withdraw funds from your account until or unless your identity has been verified.
You must confirm your identity by uploading a copy of your ID card or passport, and a bank statement or recent utility bill that bears your name as proof of address. As soon as the operator has verified your documents, you can withdraw funds from your account.
Deposit and Withdrawal Options 4/5
- Limited payment options to choose from (3)
- The minimum deposit and withdrawal amount starts at £10
- Deposits are processed instantly
- Withdrawals may take up to 5 business days to be processed
| Method | Min | Max | Processing Time | Fee |
|---|---|---|---|---|
| £10 | *Not Specified | Instant | None | |
| £10 | *Not Specified | Instant | None | |
| £20 | *Not Specified | Instant | None | |
| £20 | *Not Specified | Instant | None |
| Method | Min | Max | Processing Time | Fee |
|---|---|---|---|---|
| £10 | *Not Specified | Up to 5 business days | None | |
| £10 | *Not Specified | Up to 5 business days | None | |
| £20 | *Not Specified | Up to 5 business days | None | |
| £20 | *Not Specified | Up to 5 business days | None |
To deposit funds into your account, you must click on the green ‘Deposit’ button which is present at the top-right hand side of your screen. Sportsbet.io offers limited payment options – Debit Card, Skrill, and Neteller. The minimum deposit amount starts at £10 (£10 for Debit Card, and £20 for Skrill and Neteller). Deposits are processed instantly.
Unfortunately, the United Kingdom version of Sportsbet.io does not permit cryptocurrency deposits and withdrawals.
The minimum withdrawal amount starts at £10 as well (£10 for Debit Card, and £20 for Skrill and Neteller). You can withdraw funds via the same payment methods – withdrawals may take up to 5 working days to be processed. As has been mentioned before, you cannot withdraw funds (for the first time) until or unless your identity has been verified. You may have to upload documents to prove your identity when you initiate a large withdrawal.
Welcome Offer 1/5
- No welcome offer, at the time of writing
Sportsbet.io is not offering a welcome offer at the time of writing. We hope that this will change in the near future.
Sportsbook Promotions 3.5/5
- Variety of sports-based promotional offers
- Up to 50% extra winnings, on pre-match accumulator bets
- Pulse bet on offer, via Sportsbet.io’s sportsbook app
At the time of writing, Sportsbet.io is offering a variety of sports-based promotional offers. You can win up to 50% extra winnings on a placed pre-match accumulator bet. You must place an accumulator bet with 3 or more selections on any sport at individual odds of ½ or greater to qualify.
Here is how the winning boost scheme works:
| Number of Selections | Winning Boost % |
| 3 | 3 |
| 4 | 8 |
| 5 | 12 |
| 6 | 15 |
| 7 | 20 |
| 8 | 25 |
| 9 | 30 |
| 10 | 35 |
| 11 | 40 |
| 12+ | 50 |
You cannot cash out a placed accumulator bet. The maximum extra winnings that you can win, is capped at £10,000. Pulse Bet is an excellent feature, exclusive to the Sportsbet.io’s sportsbook app. With the help of Pulse Bet, you can win big prizes by predicting whether a goal will be scored in the next 30 seconds, 1 minute, 5 minutes, or 10 minutes of an ongoing football match.
The closer the goal is to the end period of your chosen time interval, the larger you prize will be.
Here is how Pulse Bet works:
| Pulse Bet Intervals | “First Period - Big Win” | “Second Period - Bigger Win” | “Third Period - Biggest Win” |
| Goal in the next 30 seconds | First 14 seconds | 15 – 24 seconds | Last 5 seconds |
| Goal in the next 1 minute | First 29 seconds | 30 – 49 secs | Last 10 seconds |
| Goal in the next 5 minutes | Up to 02:59 | 03:00 – 04:29 | Last 30 seconds |
| Goal in the next 10 minutes | Up to 04:59 | 05:00 – 08:59 | Last 1 minute |
Pulse Bet can be used in conjunction with free bets and bonus funds, but is not subject to cashing out. At the time of writing, Sportsbet.io is also offering several other exciting promotional offers which are constantly being updated.
VIP Programme
At the time of writing, Sportsbet.io does not offer a VIP/loyalty programme. A good VIP/loyalty programme plays a hand in attracting new customers while keeping old customers happy. While the betting site does offer several attractive promotional offers on a consistent basis, we hope that Sportsbet.io offers a good VIP scheme in time to come.
Pre-Match Offer 5/5
- Over 15 sporting disciplines on offer
- Quality odds on offer, and active betting markets
- Minimum stake amount is £1
Presently, Sportsbet.io offers odds on over 15 sporting disciplines. You can punt on a plethora of sports-based betting markets, including football (soccer), horse racing, and tennis, and relatively less popular sporting disciplines, like snooker & pool and futsal.
A variety of sports-based betting markets is essential when it comes to catering to punters of varying tastes. The minimum stake that you can place on a sports-based betting market is £1. The maximum amount that you can win in a single day is capped at £50,000.
On that note, before placing a bet, you should determine the margin of profit that is being charged. You should punt on a betting variant with a margin which is nearer to the ideal market mark of 100%, rather than on betting variants with a margin which is nearer to (or exceeds) the 110% mark.
In essence, the higher this margin is, the lower your chances are of winning a placed bet. To determine this margin of profit, you should calculate the odds overround for a betting variant in question. Check out our dedicated odds overround calculator.
To calculate the odds overround for a betting variant, the first step is to convert the fractional outcomes of a betting variant in question into the decimal form. The second step is to divide each of these individual outcomes by 100. The final step is to add the resulting numbers – with the help of this number, you can determine the margin of profit being charged.
To help you better understand this concept, we calculated the odds overround for a match to be contested between Hoffenheim and RB Leipzig in the German Bundesliga. The odds overround were found to be 104.58. This is a clear indication that Sportsbet.io offers a good quality of odds, which are competitive in nature, coupled with active betting markets.
Esports
Sportsbet.io offers odds on Counter-Strike: Global Offensive, Dota 2, League of Legends, Call of Duty, Overwatch, Rainbow Six, Warcraft III, Rocket League, King of Glory and StarCraft II.
The number of esports-based betting markets on offer is very high – odds are on offer for several popular tournaments throughout the year. Before punting on an esports tournament, you should go through official rankings, past match results, head-to-head guides, past tournament results, team form guides, and even play the underlying game of the tournament in question.
Other Specials
Presently, Sportsbet.io offers odds on TV & Novelty betting markets. You can bet markets such as the winner of Britain’s Got Talent 2020 and the next James Bond.
Cash Out and Bet Builder
Sportsbet.io offers both Cash Out betting and Bet Builder.
Cash Out is a handy feature that allows you to retrieve a placed bet and potential winnings if you have already reaped a significant profit off a placed in-play bet, or if you feel that you may go on to lose a placed bet.
The amount of money that you retrieve via Cash Out depends on the odds in favour of your placed bet at the exactly when you initiate the cash out. It should be kept in mind that you should cash out before an event has finished, and that you could end up retrieving more or less than your placed stake.
Bet Builder allows you to create a custom-made bet by combining several selections and outcomes of your choice into a single bet. This feature is available for football and basketball only – you can combine up to 6 selections into a bet of your choice.
Live Offer 4.5/5
- Enthralling all-round live betting arena
- Live-streaming for matches unavailable
- Detailed in-play statistics
- Fast markets are available
To access the in-play section, click on the Live Betting option present at the top of your screen. You can access past match results and the events that are to take place in due course of the day by clicking on the Results and Today’s Events options respectively, which are present on the main navigation bar towards the left-hand side of your screen.
Select an in-play match of your choice to bet on from the options which are available at the centre of your screen. Sportsbet.io offers a variety of betting markets, a live scorecard with second-by-second updates, a graphical representation of an ongoing match, a match timeline, head-to-head statistics, in-depth match information, a win probability percentage and other statistical insights.
The bookmaker also offers fast markets for select matches. Fast markets allow you to bet on an event which may occur in the next 1 or 5 minutes of an ongoing match. For example, you could bet on the possibility of a free kick, corner, penalty, throw-in and so on being awarded in the next 1 or 5 minutes of an in-play match. If the event goes in your favour, you will win a placed bet.
Unfortunately, you cannot live stream select matches when betting at Sportsbet.io.
Security 5/5
- Licensed and regulated by the Gambling Commission (UKGC)
- Variety of responsible gambling tools
- Secure, transparent, and fast
Sportsbet.io is among the most secure betting providers in the United Kingdom. All transactions that occur on the platform are safe from the hands of hackers and online fraud – your personal information and stored funds are fully protected. The betting platform ensures that your stored funds are not used towards operating its various platforms.
The betting site is licensed and regulated by the United Kingdom Gambling Commission, for customers residing in the United Kingdom. Sportsbet.io offers comprehensive responsible gambling tools. To access the responsible gambling section, scroll down to the bottom of your screen and click on the Responsible Gambling option present at the right-hand side.
This section comes with responsible gambling tips, information regarding various responsible gambling tools on offer, parental controls, information about underage gambling, and links to responsible gambling organisations.
You can set a daily, weekly, or monthly deposit limit, capped at an impressive £100,000, a Time-Out from the platform for a period of one to six weeks at a time, or a Self-Exclusion lasting between 6 months to five years.
Overall, Sportsbet.io is secure, transparent, and fast, and sticks to its motto of being fun, fair, and fast.
Service and Customer Support 4/5
- Live chat, email, and post
- 24/7 customer support is not available
- A dedicated help centre
To access the contact section, you must scroll down to the bottom of the slider present at the left-hand side of your screen and click on the ‘Contact Us’ option. You can initiate a live chat by clicking on the chat box present at the bottom-right hand side of your screen.
Live chat service is available from 07:00 – 23:00 BST. You must enter your email address, the subject of your query, and the query you wish to be addressed in the form of a message as can be seen from the above image. You should receive a response within one working day if a customer support agent is not available at the time of contact.
Alternatively, you can email the online betting platform at support@sportsbetio.uk, to which you should receive a response within a day.
If you’d prefer to send a message via the old-fashioned way, Sportsbet.io’s postal address is as follows:
Sportsbetio, James House,
1st Floor, 11-13 Hill Street,
Douglas, Isle of Man IM1 1EF
The betting site also offers a dedicated Help Centre with several pre-answered questions, found at the bottom of your screen.
If you would like to escalate a complaint, you can call the Independent Betting Adjudication Service at +44 207 347 5883. Sportsbet.io has appointed the IBAS as its alternate dispute resolution provider.
Design and Usability 5/5
- Visually pleasing design
- Readily available options of access
- Dedicated statistics, results, and betting rules sections
The website comes with a simple design and easy navigation, set in a colour combination comprising dark blue and white with a hint of green. At the top of the website, you will find options to access the Live Betting, Casino, Live Casino, Virtual Sports, and Features sections.
The Features section consists of information about the various features and promotions on offer, including Bet Builder, Cash Out, and Pulse Bet (sportsbook app only). You can access the events that are to take place in due course of the day, past match results, and fan blasts via options which are present on the main navigation bar.
You can also change the odds display from fractions to decimals and vice versa via an option which is present at the right-hand side of the main navigational bar. If you look at the slider at the left-hand side of your screen, you will see featured links, the various sporting disciplines on offer, and options to access in-depth sports statistics, and betting rules.
Look for a slider with information about the features on offer at the top of the centre of your screen. Just below this slider are the various in-play and upcoming markets available. At the right-hand side of your screen, you will see your current bet slip. If you look at the bottom of your screen, towards the right-hand side, you will see a live chat button.
If you scroll down to the bottom of the website, you will see options to access Sportsbet.io’s social media platforms and the various gambling enforcers it is affiliated with. You will also see options to access the Contact Us, Terms & Conditions, Rules, Safe & Secure, Responsible Gambling, and Help Centre sections.
Mobile 3/5
- Sportsbook app on offer
- Available for Android users only
- Offers a mobile-friendly website as well
Sportsbet.io offers a sportsbook app for Android users. Unfortunately, there is no app for iOS users. If you are an iOS user, you can use the mobile-friendly website instead, which is a fantastic adaptation of its desktop version.
The app allows you to bet whenever and wherever you want. Sportsbet.io’s app comes with enhanced graphics when compared to its desktop counterpart, along with readily available options of interest, optimisation for smaller screens, a responsive design, Pulse Bet and the same features that are available on the desktop version of the betting platform.
Other Products
- Casino, live casino, and virtual sports
- Casino welcome offer
- Terms and conditions apply
At the time of writing, Sportsbet.io offers casino, live casino, and virtual sports. Options to access these sections, are present at the top of your screen. The casino offering consists of 25 slots at the time of writing, of which Shield of Athena and Chilli Chilli Bang Bang are among our favourites.
The live casino offering consists of live roulette, blackjack, monopoly, poker and others. The casino welcome offer is stellar – you must opt-in to this offer in order to obtain it. You will receive a 100% 1st deposit bonus up to £50 plus 50 free spins. On your 2nd deposit, you’ll get a 50% deposit bonus up to £150 plus 50 free spins. A 25% deposit bonus up to £300 will be awarded on your 3rd deposit, along with 50 free spins.
You must deposit a minimum of £20 via a Debit Card (e-wallets do not qualify) and wager the bonus amount 50 times to qualify. Note: The received bonus amount and spins will expire within 7 days.
The virtual sports offering consists of virtual racing, virtual tennis, and virtual football.
ThePuntersPage Final Say 3.9/5
Having gone through the betting site’s offerings in detail, we have come to the conclusion that there are many better bookmakers to choose from. That being said, the platform does enough to be considered a prospect for football punters. There are several pros and cons to betting at Sportsbet.io; however, at the moment, its drawbacks unfortunately outweigh any highlights the bookmaker has to offer.
Sportsbet.io FAQs
The minimum deposit amount is £10, depending on the payment method.
Sportbet.io offer debit card, PayPal, NETELLER and Skrill as withdrawal methods.
Withdrawal times take up to 5 business days to be processed.
Sportsbet.io offer many promotions where you can collect ‘Bonus tokens’.
Add any eligible bets to your betslip, you’ll be able to use your ‘Bonus Tokens’ by selecting them at the bottom of the betslip.
The best way to contact Sportbet.io is through email.
You can either contact customer support or go to you profile and select ‘Responsible Gaming’, choose ‘Account Closure’ and follow the step from there.
Add at least 2 bets to your betslip and switch the tab found at the top of the betslip to Multiples. Set your stake and play.