Lootbet: A Short Summary
LootBet is an esports bookmaker established only a few years ago. It is now among the most popular betting websites, sponsoring big tournaments and offering its customers a safe, reliable, and valuable gambling experience.
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You’ll see a great variety of esports titles available, such as League of Legends, Dota 2, CSGO, PUBG, and Valorant. LootBet odds are known for being some of the best in Dota 2, and it has excellent coverage of markets for different tournaments and events compared to other betting sites.
There are several bonuses and promotions offered, and, finally, responsive customer support is what you need to have a great esports bookie.
We will go through every aspect in more detail in our review. Keep reading!
|Bonuses and promotions|
|Deposit and withdrawal options|
4.1 / 5
Welcome Bonus And Other Promotions
Exclusively for new customers and available all summer, the LootBet welcome bonus matches your first deposit by 100% up to €100 or equivalent. All you have to do to benefit from it is to register, deposit at least €/$10, and use the code “MALTA”. You’ll also receive as a welcome gift 10 free spins in their Counter Punch Pro game.
On top of the welcome bonus, the LootBet betting site offers several other promotions. Some are according to what tournament or special event might be happening; others are simply available to all punters. You are able to easily check which ones are up by heading over their website, loot.bet. They have a dedicated section on promos accessible from their homepage.
Location And Age Restrictions
LootBet states that it is not legally allowed to provide its betting services to these countries: Australia, Belize, Belarus, Cyprus, Malta, France, Netherlands, UK, and the USA. If you’re from any of these countries, you may still browse their website, perhaps to compare odds, but unfortunately, you won’t be able to create an account.
Moreover, to register, you have to be of 18 years of age or older, or anyway, the legal age at which gambling is allowed under your country’s law. For confirmation, the website has the right to request proof of age documents from you at any time.
Esports Games Offered
We were surprised to see such a variety when it comes to esports titles available. If you’re passionate about betting on esports such as LoL, CSGO, Dota 2, you’ll have no trouble finding markets. This holds true for other respectable games, too, such as Smite, Starcraft II, Overwatch, and Rocket League.
What we really found remarkable, however, was their coverage of titles such as Dota Underlords and Valorant, new games that have yet to develop a proper and consolidated esport scene. This shows how LootBet is ready to support new digital phenomena and is a clear indicator of the trust they place on the future of esports.
Types Of Bets
Being a dedicated esports betting website, LootBet has a wide variety of bets and markets available, compared to more traditional sportsbooks, which may offer simple match winners bets. We were astonished by the amount of different esports markets provided, even for relatively small tournaments, and this aspect is definitely one of LootBet’s biggest assets.
Here are some of the specific markets you can find on LootBet:
- First Tower: the first team that has one of their towers destroyed loses the bet.
- First Blood: the team that is announced in-game to get “First Blood” wins the bet.
- 1st to 10 kills: the first team to get to 10 kills on the in-game scoreboard wins the bet.
- 1st Round: the team that wins the first round wins the bet.
- 1st to 5 Rounds: the team that first wins 5 rounds wins the bet.
You can make things more exciting by placing live bets on games happening as you are watching them, something possible on LootBet thanks to their live betting streaming service. The website assures a live Twitch stream for each in-play betting page. Perfect for catching all the action as it unfolds and places very good bets as you understand how the game is going.
Unfortunately, LootBet doesn’t have any app available. Nonetheless, if you’re on a mobile device, you’ll find navigating their site pretty easy and straightforward.
This betting operator gives you several options to both deposit and withdraws real as well as crypto money. They support credit and debit cards like MasterCard and Visa, e-wallets such as Skrill and Neteller. No PayPal, but other payment options like EcoPayz, Qiwi, Yandex, and Webmoney and cryptocurrency are there.
Withdrawals are made only through the payment method used for the deposit and can take from a few hours up to 3 days to allow for the necessary verifications, so no panic. Such a thing happens especially with DragonPay, as they process all payments at a slower rate compared to other methods.
In case you are a CSGO or Dota punter, then skins might play a big role in your betting experience. You can sell your items for money instead of making a deposit with them. Thus, you cannot withdraw skins after a potential win, but you can withdraw money.
Privacy And Security
This is a fundamental part of every esport betting site, and all LootBet reviews have to take this part into account. It’s important to have the certainty of putting your money in a secure place. Following our verification, we can assure you that the website is legit and your data is safe.
LootBet is licensed by the Government of Curaçao as well as being fully PCI DSS compliant, which gives customers fair protection and the online security needed to deposit without worries. The only downside to this is that, as mentioned before, if you live in certain countries such as the UK, the US, or the Netherlands, you won’t be able to benefit from their services.
Going hand in hand with privacy, a good, helpful, and reliable customer service is something that can make a difference when it comes to esports betting. There can be no complaint about LootBet in such regard, as they are quick in offering you all help possible to resolve your inquiries and problems. They provide their customers with a live chat available 24/7, a phone number, and an email address. All info is at the footer of their website. Keep in mind that their number is based in Cyprus, so you might prefer some other method for contacting them.
Although they can surely improve in some departments, such as the location restrictions and the absence of a dedicated LootBet betting app, they can definitely compete with some of the major operators. We loved the range of titles and especially of markets available. The LootBet bonus is great, and their website interface, as well as the customer support they provide, are certainly well-received features.
So, is Lootbet a good operator? In spite of not being considered among the top esports bookies in the world, we were overall surprised by the quality of this betting operator. We will be equally surprised if we don’t see it grow bigger and bigger with the years.
How Does LootBet Work?
LootBet is an esports betting site. Like any other, you’ll have to create an account to use their services. Afterward, deposit money using one of the methods explained above to start betting. Remember to always read the LootBet rules stated in their Terms and Conditions and understand how the LootBet site works before placing your money there.
How To Sign Up?
The registration on LootBet is really easy. Go to their website, loot.bet. At the top right corner, you’ll see the “register” option. If you click on it, you’ll start the registration process by providing your email address and creating a password. Subsequently, you’ll be asked to give your personal details to complete your profile. You also have to declare you are of legal age and live in a country that allows gambling.
Is LootBet Safe?
Yes, you can perfectly consider LootBet legal and safe as it is validated by the Government of Curaçao license. Moreover, you always have at your disposal dedicated customer support for any doubt you may have.
Is There A LootBet App?
No, unfortunately, LootBet doesn’t have a dedicated betting app available on Play or App Store. However, you can still benefit from their services on mobile or tablet by heading over to their website.