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LeoVegas Review

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Esports Background
A Swedish gaming company launched in 2011, LeoVegas started to key into the rise of the mobile casino. Since then, the company has expanded into sports betting, eSports and wagering in other betting types like entertainment events and competitions. Currently, it has offices in Malta and Sweden.

Here, we have provided a comprehensive LeoVegas review, giving all the information about the company.

LeoVegas Website & Account Info

LeoVegas is an online sportsbook, but its users prefer to access its services through digital platforms. The leading channel is the website. It is available for mobile and desktop users. Note that the URL may change based on your location.

LeoVegas Review

leovegas.com

You can perform all sorts of activities on this website, including opening a LeoVegas sportsbook account, undergoing the required verification process, making deposits and requesting withdrawals, making pregame and live sports and casino bets, and playing virtual games.

Legality & Player Security

LeoVegas takes seriously its responsibility to be a safe and secure platform through which players can make wagers seamlessly. Over the years, it has gained considerable credibility as a highly regulated bookie, having licenses from the most recognised gambling authorities globally. These include the Alcohol and Gaming Commission of Ontario, the Malta Gaming Authority (MGA), the iGaming Ontario, and the UK Gambling Commission (UKGC).

LeoVegas Player Security

LeoVegas also places a premium on players’ betting security, achieving this in various ways.

Safe Gambling

First, it takes precautions to ensure that players bet responsibly. It designed its Responsible Gambling policy to help players get some control over their gambling activities and obtain assistance when needed. Players can take a Self Assessment test to know if their gambling habits are healthy. After this, players can set limits on deposit, loss, session and wagering or pause their account altogether.

Secure Platform

The sportsbook has built its online betting platforms to be safe, incorporating the latest security features. It protects players’ information and funds from tampering with third parties.

How to Sign Up with LeoVegas

The steps to open a LeoVegas online betting account are straightforward, and you can complete all aspects of the account sign-up process on the website or app:

  1. At the top right-hand corner of the website homepage, you will find a green “Register” button. Clicking on it will reveal a 2-part account opening form.
  2. The other part of the registration page requires entering your email address and phone number. You also have the option to change your session limit from the default “No limit” setting to any other time frame you wish.
  3. The next page requires your Contact Information, including your name, country, address, date of birth, gender and others.

Note that the name you provide must be exactly what is on your government-issued ID document (for example, your passport or national ID).

Await further login information in your email.

Banking Options

To provide a more seamless betting experience, LeoVegas took active steps to provide good banking options through which bettors can make deposits and get their withdrawals.

Min. deposit £10
Deposit Charge Free of charge
Min. Withdrawal £10
Withdrawal time Up to 5 working days
Payout 96%

LeoVegas Deposit Methods

The sportsbook has provided sufficient channels through which you can make deposits into your LeoVegas bookie account. Nonetheless, there are vital points to note before conducting your first deposit:

LeoVegas Deposit Channels

LeoVegas deposit channels fall under 3 main categories: cards, E-wallets, and banking payment processors.

For the cards, you can use your credit or debit cards powered by MasterCard, Visa or Maestro. LeoVegas’ choice of E-wallets includes Neteller, Skrill, Apple Pay, Paysafecard, etc. It is one of the best betting sites with a PayPal deposit option.

The Banking payment processors enable the direct movement of funds from your bank account to the LeoVegas sports wagering account without any third-party channel. They include TrueLayer, SafeCharge, and Trustly.

LeoVegas Minimum and Maximum Deposit

LeoVegas does not have a definite minimum deposit amount, but they strongly recommend that bettors commit at least £10 to their wagering accounts. It is because most bookie’s deposit bonuses are available from a minimum deposit of £10.

On the other hand, the sportsbook puts a maximum limit of £1,000 on your deposits.

LeoVegas Deposit Fees

Depositing funds into your LeoVegas account is free as the sportsbook doesn’t levy any funds on your transactions. Nonetheless, fees may still be charged by the specific payment processor you choose. For instance, credit card companies like Visa will take a cut of the funds you deposit as transaction charges.

How Long Does a LeoVegas Deposit Transaction Take?

There is no specific timeframe for any deposits made into your LeoVegas bookmaker account. The various transaction channels can take different times to get your deposits to reflect on your betting account. Generally, E-wallets are the fastest, while credit/debit cards come next. Deposits made through banking payment channels may take some time.

However, the bookie has taken additional steps to ensure that deposits get processed in the shortest time possible.

Withdrawal Methods

The following information will be helpful when withdrawing funds from your LeoVegas sportsbook account:

LeoVegas Withdrawal Channels

The channels through which you make your deposits are the same available for withdrawals. They include cards, E-wallets and banking processors. Nowadays, many betting sites accept Skrill as a withdrawal option, and LeoVegas is not an exception.

LeoVegas Minimum and Maximum Withdrawals

LeoVegas has a general £10 minimum withdrawal rule that applies across its payment methods. However, it permits withdrawals below £10 on transaction channels like Apple Pay and the Paysafecard.

For withdrawals, bettors can’t take out more than £4,000 from their betting accounts at a particular time regardless of the payment method they select.

However, some payment processors may not allow withdrawal transactions up to £4,000 per time. It may be because of their company policy, or they must adhere to your country’s financial regulations.

LeoVegas Withdrawal Fees

LeoVegas doesn’t charge any fees when you make withdrawals from your account. However, expect your payment processor to take some funds as their transaction levy. E-wallets tend to take the lowest charges.

How Long Does a LeoVegas Withdrawal Transaction Take?

Again, LeoVegas has no definite schedule for your withdrawal transactions as it depends on the specific payment processor you go for. For instance, the sportsbook reports that card transactions can take up to 24 hours. Meanwhile, E-wallet withdrawals can happen within a few hours.

Extra Information to Note When Making Withdrawals

Note that LeoVegas prefers you use the same payment method for your deposit and withdrawal transactions. Doing so ensures faster transactions and protects you against potential issues.

Then, you need to undergo a KYC process before the sportsbook allows you to make withdrawals. Again, verification is necessary for them to confirm your identity so that you don’t become a victim of scams. Usually, you only need to present your government-issued ID documents to complete the KYC.

LeoVegas Bonuses

LeoVegas sportsbook bonuses aim to attract new players and reward existing customers.

Thus, the bookmaker has designed various types of promotional offers to apply to these categories of customers:

LeoVegas Free Bets

LeoVegas offers various free bets options for punters.

LeoVegas Welcome Bonus

The leading LeoVegas sports bonus is the welcome bonus the sportsbook makes available to new players registering on its platform. The LeoVegas welcome bonus is a deposit bonus in which the bookie provides additional betting credits to wagerers on the initial amounts they commit to their betting accounts. As a result, bettors get a 100% of their first deposits, giving them additional funding with which they can make more bets and potentially make much larger profits.

4.2out of 5 stars
100% up to £100
T&Cs apply. New reg only. Claim by placing a min deposit £10 via

However, the sportsbook expects bettors to fulfil some conditions before they can enjoy the benefits that this LeoVegas bonus offers. Firstly, there is a 20X wagering requirement, meaning bettors must make wagers to 20X the bonus amount value. Then, players have 7 days to use up the bonus before they can cash out whatever winnings they make from betting the bonus amount.

Other perks are available, including at least 200 free spins to bet on casino games. Fortunately, if players bet rightly on these free spins, they get their winnings in cash, and there are no strict requirements attached to this offer.

Unfortunately, however, you don’t get a LeoVegas free bet.

LeoVegas Offers

The bonus offerings don’t stop with the initial deposit bonus. Another LeoVegas bonus type includes extra credits on subsequent deposits. Players can also take advantage of occasional deals when the sportsbook announces them. They have slots on casino games or cash prizes, live treasures and free spins. Players often get information about these deals from LeoVegas company’s social media accounts or via email.

VIP Programme

Unlike other sportsbooks, LeoVegas opens up its VIP and loyalty programme to all players immediately after they make their first deposits. However, there are levels to the VIP offer, and how far a person goes will depend on how active such a player is on the LeoVegas platform.

The benefits of the VIP programme include a cess to monthly raffle draws where participants clinch attractive prizes.  LeoVegas is one of a few Canadian bookmakers offering a VIP programme.

What to Bet On

LeoVegas has made available top-notch betting options from which players can choose. These include high-quality sports and Esports events.

Number of Sport Games 33
Number of Sport Events 311
Live Events Daily 263
Live Events Monthly 7890
Pre-match Events per Month 11120

Sports Betting

LeoVegas enables players to wager on the most popular sporting types played locally and internationally, from basketball to football, boxing, baseball, hockey, tennis, and soccer. Asides from the more common sporting types, players can also bet on less known games, including darts, floorball, cycling, lacrosse, motorsports, snooker, etc.

Across these sporting types, bettors play a wide range of leagues and competitions across the globe. For instance, bettors can wager on games from over 25 countries in soccer.

Available Sports

There are plenty of sports available for punters to bet on.

Sports Competitions, Leagues, and Events

Bettors can also wager on different sports tournaments, events and championships.

Special Events

Unfortunately, LeoVegas does not offer special events betting options currently. Stay tuned for further updates.

LeoVegas Esports Betting

LeoVegas has keyed into Esports’ growing popularity to enable bettors to place live and pregame wagers on popular video games seamlessly.

LeoVegas Esports betting is fast and straightforward and offers extra benefits, including bonuses that you rarely find with other Esports sportsbooks. Options available include CS: GO, Dota 2, League of Legends, Valorant, and Rainbow 6.

Live Betting with LeoVegas

Over the years, bettors have become used to limiting when they can place bets. For example, no one can make wagers within a few hours of a game starting. However, the LeoVegas live bet enables wagerers to place stakes even when a game has commenced.

LeoVegas Live Betting

leovegas.com

All wagerers need to access the LeoVegas live bet to visit the platform homepage, where they will find an array of options. Click on “Live” to get games that are currently ongoing. With this, bettors can no longer miss valuable betting opportunities since they can take wagers on a game anytime.

Alongside the live betting service, several bookmakers also provide the live streaming feature through which players can watch games as they unfold right from the bookmaker’s platform.

Live Streaming

Unfortunately, the LeoVegas live streaming option isn’t available yet.

Mobile Betting

The LeoVegas company understands that many people now prefer making bets on their smartphones. Thus, they’re making it possible for bettors to seamlessly make wagers on smartphone platforms like the mobile website. In addition, the website is intuitive, cleanly designed and easy to navigate.

You can conduct everything you need regarding your LeoVegas sports betting account from this website.

LeoVegas App

While the website is excellent, nothing beats having a dedicated mobile application for conducting your betting transactions. The LeoVegas app has an even better interface, with every needed section within easy reach.

More importantly, the company built the app with minimal crashes, giving users a seamless experience. Furthermore, the LeoVegas app comes with the latest security features protecting it against breaches.

LeoVegas Pros & Cons

While the LeoVegas company has proven to be good at providing excellent betting services, it still has a few weak points.

ProsCons
  • Regulation and Full Licensing

LeoVegas boasts of high-level regulation, having secured licenses from leading regulatory agencies, including the UK Gambling Commission, the Malta Gaming Authority, and iGaming Ontario.

Several benefits are attached to betting with a regulated sportsbook.

First, LeoVegas becomes obligated to structure its operations to protect wagerers betting on its platform, for example, by separating its funds from those of the players.

Then, the sportsbook cannot engage in activities that sabotage bettors’ best interests. The bookie will be punished if they act otherwise.

  • The VIP and Loyalty Programme

Several sportsbooks don’t pay attention to rewarding active bettors on their platforms, but LeoVegas played a premium on that. Through the VIP and loyalty programme, regular wagerers enjoy access to attractive perks like regular draws and cash prizes. The best thing about this loyalty reward system is that it applies online and offline.

  • Wide Betting Coverage

LeoVegas provides access to a wide range of sports and other betting options from which players can choose. These include a long list of popular and not-so-popular sporting types and events.

Additionally, LeoVegas understands that bettors want to also bet on other types of events like TV and Novelty. These include entertainment competitions like the Academy Awards (aka the Oscars) winners and the potential host of the Eurovision.

  • Security and Credibility

One of the critical attributes of an excellent betting company is its credibility, and few bookmakers have as much credibility as the LeoVegas company.

LeoVegas’ parent company is LeoVegas AB, a publicly-listed company open to greater scrutiny from betting authorities, stock exchange regulators and the general investing public. It severely limits the chances that the company will commit any wrong acts.

  • Not Enough Payment Methods

One downside of LeoVegas, which quickly becomes evident to any interested player, is that there are limited payment methods with which they can conduct transactions. The most notable is the absence of traditional banking channels like wire transfers, online banking and cheques.

Then, there aren’t so many E-wallet options from which to choose; neither are there Cryptos.

  • Limited Bonuses

There should have been more bonuses, in addition to the welcome bonus and the loyalty feature. Unfortunately, LeoVegas appears weak in that regard.

  • Customer Support Issues

Although customer support is available 24/7, bettors don’t have access to channels like the phone or social media.

Cash Out

LeoVegas provides various cash out options for punters.

LeoVegas Odds

The LeoVegas odds policy is standard and ranks well in the industry. It hires a third party to set its odds, but this has both benefits and downsides. For some games, they can have high odds, but it leaves the company with limited control over its odds.

Other Products

Aside from sports betting, LeoVegas provides both physical and online casino betting services. The casino product offers access to top games like Blackjack, poker, craps, roulette, Baccarat, monopoly, etc.

LeoVegas Casino

leovegas.com

In addition, bettors have bonuses and free spins with which they can make more casino bets and potentially bag more winnings.

LeoVegas Company History

Because of its acceptance among customers, the company has recorded massive growth such that it is listed on the stock exchange in Sweden and the US NASDAQ.

From its base in Sweden, the LeoVegas company has expanded across Europe, including Denmark, Italy, Germany, Netherlands, Canada, and the UK. In addition, the company entered the United States by securing a New Jersey license and expanding to several states across the country.

Another expansion strategy the company has pursued is acquiring recognised sports betting and gaming platforms, including the popular name Pixel.bet and casino operator Rocket X.

To further its credibility, LeoVegas is entering into partnerships with top sporting brands, including sports clubs like English sides Brentford and Norwich City and renowned Serie A club Roma.

All these efforts have earned the sportsbook recognition from leading gambling award givers. These commendations include the Mobile Casino Product award at the EGR Operator Awards 2021 and the Online Casino of the Year at the London Global Gaming Awards for several years.

Due to its success, US-based global hospitality and gaming group offered to purchase the company in 2022, and the deal is at the concluding stages.

Contacts & Support

The main ways through which customers can contact the company include:

Fortunately, these channels are available 24/7. But, unfortunately, you don’t have access to phone calls.

LeoVegas Verdict

Betting with LeoVegas gives players access to a regulated sportsbook that enjoys a lot of credibility. Other benefits of getting out of this bookmaker include betting options and a unique loyalty programme. Nonetheless, it would help if you were well-informed before signing up with the sportsbook.

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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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