iBet Review

4.3
Bonuses
Payment options
Support
Betting variety
Odds
Live betting
Website
Mobile
Jimmy E
iBet is quite new in the online gambling industry, but its legit and responsible approach has made it a go-to site for bettors in many countries. The sportsbook offers rewarding odds, fast payouts, and decent credibility.

The brand is operated by Claymore Group and holds a valid license from the Malta Gaming Authority. So, it has the regulatory backing to offer its services in many locations. Besides betting, the platform is also home to quality casino games from top providers.

In this iBet review, we’ll take a closer look at all the site’s offerings. Read through and check our verdict to know what our experts say about using the platform.

iBet Website & Account Info

iBet operates a mainly online sportsbook, and its users access its services through various digital channels. The website (available for desktop and mobile) provides a single platform to conduct all activities related to your iBet bookie account. You can open a new account, deposit funds into the new account, and place all types of bets (sports, casino, horse racing, etc.) either before the game or live.

Usability and Features

You start getting the feel of iBet’s decent user interface from the website homepage. The sense iBet bookmaker homepage doesn’t appear too minimalistic. However, neither is it crowded. The sportsbook ensures that there is not too much clutter on the main page by providing that it only consists of the most necessary details and icons.

For instance, there are sections on the homepage for the leading activities bettors perform, like sports betting and casino wagering. Other icons also lead to other pages informing users about iBet sportsbook benefits like the cashout feature, bonuses, odds boosts, other promotional deals, and its commendable customer service offering.

At the bottom of the page are quick links that lead to other services the sportsbook offers and information users may need. You can get iBet mobile to optimize your experience further

Security and Regulation

Both offline and online, iBet has implemented systems to ensure that its customers only get access to the safest betting conditions. Digitally, it has worked on its cybersecurity to ensure that the website and other digital channels are not vulnerable to attacks from malicious parties.

In addition, the sportsbook has put in measures to ensure that its bettors also have a regulatory cover by securing the correct licenses to operate in several countries. The permit from the Malta Gaming Authority (MGA) ensures that gamblers doing business with iBet have their interests secured.

iBet Quick Facts

📅 Year Established 2021
🤑 Welcome bonus
📱 Mobile application
💵 Minimum Bet €1
🔝 Maximum Profit Unlimited
↩️ Payout Percentage 96%
🖱️ Live (In-Play Mode)
📺 Live streaming
💸 Cash Out
🎰 Other Products Casino

Payment Options

iBet provides users access to several deposit and withdrawal options.

Min. deposit €10
Deposit Charge Free of charge
Min. Withdrawal €10
Withdrawal time Up to 2 working days
Payout 96%

With this, users can select which they have access to and conduct transactions seamlessly. We discuss the options available below:

iBet Deposit Methods

If you want to get funds into your iBet account, there is certain information you should note:

iBet Deposit Channels

iBet has enlisted several payment providers on its platform. There are lots of them:

Note that iBet is one of the top PaySafe betting platforms; it is also among the leading Trustly Esports bookmakers.

Unfortunately, you don’t get iBet crypto as a payment option.

iBet Minimum and Maximum Deposit

The lowest amount you need when depositing into an iBet sports betting account is €10 (or equivalent in your local currency). On the other hand, you can’t deposit more than €2,000 at a particular time.

iBet Deposit Fees

Our iBet reviews don’t levy fees when you deposit on its platform. However, your chosen payment platform may charge for processing your deposits. Generally, bank transfers take the most cuts to process your deposits.

Duration of iBet Deposits

Generally, all deposits at iBet should reflect instantly if the payment channel processes them immediately. However, some payment channels tend to be slow and thus may prolong the transaction period. According to our iBet betting review, deposits via bank transfers take the longest to be processed.

iBet Withdrawal Methods

If you want to move funds out of your iBet account, note the following information:

iBet Withdrawal Channels

iBet withdrawal channels are the same as those for deposits. It is among great bookmakers who accept Paysafecard. We highly recommend that once you select one payment processor for deposits, you continue using them even for your withdrawals.

The available payment processors include:

iBet Minimum and Maximum Withdrawal

The lowest amount permitted in a single transaction for an iBet payout is €10. For maximums, you can go as high as €50,000 when processing withdrawals.

iBet Withdrawal Fees

You don’t incur any charges from iBet when you request your funds for withdrawals. However, expect the payment channel to take some part of the withdrawal amount as transaction charges.

Duration of iBet Withdrawals

The timeframe for processing withdrawals varies widely depending on the payment service provider. Typically, banks take the longest to process funds, while E-wallets are generally the fastest. Some E-wallet apps will get your funds to your account within a few hours.

iBet Bonuses

With iBet promotions, bettors can get extra funding to make bets, enabling them to find their feet faster.

Since different classes of bettors use iBet, the sportsbook has designed various packages to fit their needs. Read more here:

iBet Free Bets

Also called the no-deposit bonus, the free bet enables bettors to get rewards without needing to meet strict conditions.

Unfortunately, iBet no deposit bonus packages don’t exist.

iBet Welcome Bonus

The top iBet bonus deal is the welcome bonus. Also called the sign-up bonus, this offer enables new bettors to find their way around the platform, make more bets and potentially increase their chances of bagging wins.

The iBet bonus for new bettors on its platform is a deposit bonus, meaning they must commit some funding into their accounts before being offered the package. It offers wagerers 100% of whatever they deposit, with a maximum cap of €100. To enjoy this bonus, note that you must opt-in on the sportsbook’s rewards page after registering. Then, when you eventually deposit into your account, the prize will be automatically added to your balance. Thus, you don’t need an iBet bonus code to enjoy the bonus.

What to Bet On

Available at iBet is a wide range of betting markets, so punters can choose from multiple options.

Number of Sport Games 24
Number of Sport Events 321
Live Events Daily 249
Live Events Monthly 7470
Pre-match Events per Month 11880

The betting options cover sports, horse racing, Esports, and particular betting markets.

Sports Betting

iBet sportsbook sporting package covers a wide range of traditional sporting options in addition to niche and less popular sporting types. The particular events available across individual sports cut across the globe.

Available Sports

With iBet, players get to place bets on leading sporting types like soccer, boxing, tennis, baseball, basketball, etc.

Players who wish to diversify their sporting interests can consider niche sports like darts, Formula 1 and other motorsports, winter sports, snooker, rugby, handball, floorball, Australian rules, etc.

Horse Racing Betting

Many people love horse racing because of the thrill and excitement that racing tournaments generate, and they provide an excellent way to socialize. However, while several sportsbooks power horse racing betting, iBet does not.

Football Betting

Whatever iBet lacks in horse racing betting, it over-compensates in football betting. The sportsbook features extreme depth in its football coverage, providing many events globally. Notably, the football games in the sportsbook include games played in local leagues in many countries, alongside internationally-renowned tournaments like the UEFA Champions League and various FIFA World Cups.

In addition to iBet live football betting, the cashout option lets you end bets before the games are scheduled to end. In nearly all these games, bettors can place their wagers before the game commences. However, they can still register their stakes during the event.

Whatever their choice, iBet provides them with live updates so that they can keep tabs on happenings at their selected games.

Sports Competitions, Leagues and Events

The sportsbook provides wagerers access to competitions and leagues in several countries.

For instance, basketball lovers can take advantage of betting opportunities in less-followed leagues in places like Bahrain and Turkey. iBet repeats the same quality of offerings across the other sports on its platform.

Special Events

For those who want to look beyond sports, iBet sportsbook offers access to special events betting. Its leading particular event type is political betting, which enables wagerers to place bets on outcomes of political events, especially elections. It mainly covers the most popular elections, like the US Presidential Polls and the UK General Elections.

However, note that iBet bookie special events are entirely pregame, and users must place bets months or years before the event.

Esports Games

iBet Esports betting provides an opportunity to wager on video game tournaments like League of Legends, CS: GO, Dota 2, and Valorant.

Its package includes pregame and live betting and covers competitions and leagues globally.

Live Betting with iBet

With Ibex live betting, you can place bets on any match during the game. The live betting feature covers most sporting types and events iBet offers.

All you need is to locate the game you are interested in and place wagers.

Live Streaming

iBet hasn’t yet launched a live-streaming service. Nonetheless, it has a match update feature that keeps players informed of the latest updates in each event.

Mobile Betting

Mobile betting is the trend currently, and iBet has responded by optimizing its website for smartphone and tablet users. Great color choice, easy navigation, and speed are the key features of the mobile website we noticed during our iBet review.

iBet App

Although the website does everything needed, the mobile app is always faster, more optimized, and better designed. Unfortunately, the iBet betting app is not yet available.

iBet Pros & Cons

There are areas where iBet performs considerably and others where it doesn’t. We cover them here.

PROS CONS
PROS
    • Decent Odds

While its odds are not the best in the industry, our iBet review shows that it still ranks favorably against more recognized players. Notably, you will get a lot of rewards from iBet odds for less-known sports like hockey and darts.

    • Fast Payout 

While the payment channel of choice largely influences your transaction speed, iBet takes additional steps to fast-track the process. It would help if you got your iBet payout faster than most high stake bookmakers.

    • Decent Credibility

The Malta Gaming Authority (MGA) regulates the sportsbook, one of the most respected licensing authorities in the global betting ecosystem. With this, wagerers can be assured that their interests will be protected.

    • Cashout and Other Enhancing Features

The sportsbook offers the Cashout service, which enables bettors to close their bets long before a game ends. This way, they can secure their profits or prevent losses.

Other features, like the advanced analysis tools, make it possible for punters to study their bets before placing them.

    • Accommodating Limits 

The bookmaker sets upper and lower limits accommodating a wide range of bettors. The minimum withdrawal is €10, which allows bettors to remove their funds, no matter how small. The maximum is €50,000, one of the industry’s largest payout maximums.

CONS
    • Limited Payment Options

While having bank transfers, cards and e-wallets is good, it is insufficient. There should be a crypto option in today’s betting world.

    • Not Enough Betting Markets

Bettors can’t place bets on several events because they are unavailable at iBet. For instance, its tennis and basketball coverage are not commendable.

    • Unsatisfactory Customer Service

While the live chat is available 24/7, our iBet betting review demonstrates that it takes hours to get a response. Then, only limited options are available—for instance, no phones and dedicated customer service email.

    • Poor Bonus Offerings

Asides from the welcome bonus, iBet hardly has any other bonus offering. It shuts out users from getting extra funds to make bets.

Cash Out

The cashout service complements the iBet live football betting feature as it enables users to end games before such games come to an end. With this, players can secure their wins or cut their losses early.

iBet Odds

Based on our iBet review, we discovered that iBet odds are generally higher for niche sports like hockey and darts than for more popular sports and events like football.

Sports Historical Odds
⚽ Football 91.27 %
🏀 Basketball 93.82 %
🎾 Tennis 92.91 %
🏏 Cricket 91.18 %
👍 Overall 94.72 %

Nonetheless, iBet odds for popular sports like football still towered above those of most sportsbooks.

Other Products

iBet has a highly rated casino betting service where players can wager on top casino games like Blackjack, Roulette, Baccarat, Bingo, Jackpot, and Slots games.

The casino betting service comes with decent bonuses alongside rewarding odds.

Contacts & Support

There are multiple channels through which you can reach out to iBet customer support, including:

Support email support@ibet.com
Support Phone Number No
Live chat Yes

You can also write the Head Office at Claymore Group, Lvl 5, Tower Sixty3, 63 Tower Road, Sliema, Malta.

iBet Verdict

Finding a sportsbook with decent credibility which pays attention to offering the best of services is difficult, but iBet is making a great attempt. With decent odds and fast processing times, this sportsbook provides the most basic features a bookmaker needs for a top-notch betting experience.

You can’t go wrong if you bet with iBet. On the other hand, you may have to contend with the limited payment options and the lack of variety in bonus packages. Apart from these, every other aspect of this sportsbook attracts top ratings. To get started, go to the website and don`t forget to follow BetZillion bets strategies.

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Frequently Asked Questions

  • What is iBet?
    iBet is an online betting service offering sports, Esports, and casino wagering services to scores of wagers globally. It is a platform registered in Malta, but its coverage includes many countries across continents.
  • How to register at iBet?
    Follow these steps to get a new iBet bookmaker account. Go to the website. Click on the red “Sign Up” button at the top-right-hand corner of the homepage. The registration process is divided into three steps. The first step requires entering your details – name, email address, and phone number. The next page is for providing specific biodata like your country and address. The final page is for opting in for the best bonuses.
  • Is iBet safe and legit?
    Yes. The sportsbook is committed to the highest safety standards for bettors. First, it has licenses issued by the Malta Gaming Authority, one of the most trusted regulators in the industry, meaning that it adheres to rules that guarantee its bettors’ best interests. Then it also has top-notch online security protocols ensuring that bettors’ sensitive details are always protected.
  • What are iBet wagering requirements?
    The main bonus at iBet is the welcome bonus, and attached to it is a 40X wagering requirement, which means bettors need to place bets worth at least 40X the value of their prize + previous balance (i.e., the deposited amount).
  • Does iBet have mobile apps available?
    No. But the mobile website can serve all your purposes.
  • How long does an iBet withdrawal take?
    There is no timeframe, as it depends mainly on the selected payment channel. Bank transfers generally take the longest. Typically, E-wallets process withdrawals within the shortest period, followed by debit/credit cards.
  • Who created iBet?
    The Claymore Group, a Malta-based developer of top-of-the-range betting platforms, founded iBet.
  • How to calculate iBet winning?
    Since iBet uses mainly European odds, your potential win from a bet is your stake times the odds attached to the game. So if the odds are 1.5, the win is your stake amount ✖ 1.5. From this bet, a $50 stake should earn you $75.
  • Still have questions?
    Ask our experts

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Jimmy E
Author
Writer & Tipster

Jimmy is our on-duty tipster and writer. His favorite sports are cricket, tennis, and basketball. If you’re looking for the best betting tips in the business, Jimmy’s your guy. His tips and events previews are among the most read at BetZillion.

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