Loot.bet review - How does Loot.bet work?
The Loot.bet esports betting service has been operational since 2016. Many gamers will know that the Loot.bet Dota 2 odds are among the best in the business. But how good is Loot.bet for CSGO betting and is Loot.bet legit? Those are just some of the questions that we will be asking in our Loot.bet review. We will put this esports betting site under the microscope so that you can see whether this site is legal and safe for you to use.
If you have read our esports news service then you will know that betting sites like Loot.bet tend to put on some interesting bonuses every now and then. So we will let you know how you can use a Loot.bet bonus code to make a good headstart at this Cyprus-based esports betting site.
Interface & DesignA stylish and easy way to use the Loot.bet esports betting platform
Our Loot.bet review found that the brand’s website is well-designed and the whole feel of the esports betting service was professional. All of the brand’s featured esports are located in a handy navigation bar along the top so that you can easily check out Loot.bet Dota 2, CSGO, LoL betting odds and so on.
There’s an exhaustive list of the upcoming esports matches located below, and it follows a familiar pattern of showing the team names, logos, match winner odds and there’s a link that allows you to see the available extra betting markets.
The header of the Loot.bet site allows you to switch between nearly a dozen different languages, and you can also try five different odds formats. The login and register buttons can also be found here.
All of the relevant legal information as well as customer support options can be found in the footer of the Loot.bet site. All in all, a quick-loading and intuitively designed site that makes it simple to bet on esports.
Bonus Offers & Free BetsUse a Loot.bet bonus code to get up to €200 in extra bets
The next thing that our Loot.bet review looked at was the brand’s welcome bonus. At the moment, Loot.bet are willing to match your first deposit by 100% up to €200. This sign up offer is only available to new customers who have never created an account at Loot.bet before. With this offer you will also receive € 20 free bet + 20 Loot Luck free spins.
Once you have successfully registered your Loot.bet account, then you will need to make an opening deposit. This has to be of a value of €10 or more, and you can use any payment method, including cryptocurrencies. You will also need to enter the Loot.bet bonus code PLAY2WIN at the same time as making your qualifying deposit.
Once you have done of all this, then you should get your first deposit matched by 100% up to €200. You are free to use this across all of the esports featured at Loot.bet, but in order to clear the wagering conditions, then the esports odds will need to be 1.69 or higher.
The wagering conditions also state that you need to bet the full value of your deposit and bonus at least 20 times within 15 days before you are allowed to make a successful withdrawal. T&C apply, 18+.
PaymentsHow does Loot.bet work in terms of payments?
Loot.bet feature a familiar selection of payment methods that allow you safe and easy ways to bet on their esports odds. Depending on which country you are based in, then you should be able to use credit and debit cards like MasterCard and Visa, e-wallets such as Skrill and Neteller, and other payment options like EcoPayz, Qiwi, Yandex and Webmoney.
The esports betting site have also taken the interesting step of allowing you to fund your bets with SkinPay as well as cryptocurrencies (read more about Bitcoin Betting). Loot.bet will always aim to pay you your winnings to the same payment method used to make your deposits.
The brand state that they should pay out within 72 hours of you making your withdrawal request. There are no fees for making withdrawals, and you are allowed to make withdrawals of up to €10,000 each month.
Esports MarketsAt Loot.bet Dota 2, CSGO, LoL and many more esports are covered
Loot.bet are a dedicated esports betting site and they feature odds for over a dozen quality games. Obviously the Loot.bet Dota 2 betting service is excellent as they sponsor plenty of esports tournaments for this battle arena game, but they also have a decent amount of odds for League of Legends betting too.
You’ll probably know all about the CSGO Loot.bet Cup, and the brand have an impressive amount of markets for each Counter Strike tournament. Other classic esports featured at Loot.bet include the likes of Rainbow 6, Hearthstone, Heroes of the Storm, StarCraft 2 and Call of Duty.
Although there aren’t any Fortnite or Apex Legends bets here, Loot.bet do have decent odds for Playerunknown’s Battlegrounds. Plus they also have betting markets for sports games like FIFA and NBA2K, along with odds for lesser-seen esports like Rocket League, King of Glory and even Dota Underlords.
Live StreamingFree Twitch streams for a better way to enjoy your live Loot.bet esports betting
All decent esports betting sites will include live streaming, and our Loot.bet review found that this brand is no different. Loot.bet include a free live Twitch stream in their in-play betting pages, and it makes it simple to watch the action and then check out what live odds are on offer.
The Loot.bet Dota 2 betting markets for a match in the ESL contest included things like match winner, winner of each map, and you could also predict whether there would be an odd or even number of kills in each map.
Although there is nothing in the way of statistics regarding each esports teams’ past form, the fact that you can watch the live stream should mean that you could easily make some decent money by enjoying the excellent in-play esports betting service at Loot.bet.
Odds and LimitsThe most revealing part of our Loot.bet review
Most gamers will know a little bit about the Loot.bet esports betting service. But are the Loot.bet Dota 2 odds as good as some of the other betting sites that we’ve featured? In order to find this out, we carried out an odds comparison test between Loot.bet and Betway.
We picked an ESL match between Breakers and Immortal, and found that the Loot.bet Dota 2 odds for a Breakers win were 2.42 which were eclipsed by Betway’s odds of 2.70 for the same result. If you wanted to be back Immortal, then Betway had odds of 4.20 which were clearly beaten by the Loot.bet Dota 2 odds of 4.50.
Just so you know, Loot.bet state that the maximum and minimum wagers will vary according to the esports event. But it’s worth remembering that the brand only allow you to withdraw up to €10,000 each calendar month.
Customer ServiceGetting responsive help with your Loot.bet esports bets
Most esports betting sites have some reliable customer support options. But is Loot.bet legit when it comes to getting back to your queries? We found that the brand have a helpful live chat feature that is manned by people who go under the names of ‘Neo’, ‘Morpheus’ and ‘Alfredo’, and they pledge to respond to your queries in a few minutes.
If you look at the footer of the Loot.bet website, you should also see that they have a dedicated customer support email address and a telephone number too. However, the fact that the telephone number is based in Loot.bet’s resident country of Cyprus means that it might not be well-suited to your needs.
SecurityIs Loot.bet legit for UK customers?
The Loot.bet site is licensed and regulated by the Government of Curacao. This means that it can legally be used by residents in many European countries. However, the Curacao license means that people living in nations like the United Kingdom, the Netherlands, the USA and France won’t be able to open an account here.
Loot.bet offer their customers plenty of security in terms of how their deposits and personal data are handled. This is because the site is fully PCI DSS compliant and their https encryption should provide you with all of the online security that you need.
ConclusionKey features in our Loot.bet review
We found that Loot.bet offer a very promising esports betting service. Although the brand have only been around for a handful of years, they serve up competitive odds on a wide range of quality esports like CSGO, LoL, Dota 2, Overwatch and much more.
The fact that Loot.bet is unavailable to customers in countries like the UK is very frustrating. But hopefully Loot.bet will update their licensing as they grow in size. The fact that they take online security seriously and have responsive customer support shows that Loot.bet are careful about how their customers are treated. So if you can get the Loot.bet esports betting bonus, make sure that you put it to good use with your esports bets.
Frequently asked questions about Loot.bet
Loot.bet offers a esports betting platform. This means that you must open an account and then deposit funds with a credit card, e-wallet or cryptocurrency to place your bets. There are also SkinPay payment options.
Loot.bet is licensed by the Government of Curacao which means that it is a legitimate business.
The esports betting site are located in Cyprus. The Loot.bet brand is operated by Livestream Limited.
There no Loot.bet app currently available, but the brand have a mobile-friendly site that can easily be used through the browser of your smartphone or tablet.