LOOT.BET ESPORTS BETTING REVIEW
Welcome to our detailed review of Loot.bet, a great betting website that focuses on e-sports betting. While it may be restricted by a number of countries across the world it does offer a variety of payment options including the famous cryptocurrency Bitcoin! The platform offers the most esports markets out of all esports betting sites in the world, including but not limited to Fortnite, PUBG, League of Legends, CSGO, Dota 2, Overwatch, and Rocket League. After the experts at Gamopo personally tested Loot.bet for 3 months they were very pleased with both the performance of the website as well as the customer support. If you decide to sign up with Loot.bet you will be offered some generous bonuses so be sure to continue reading to see more.
This is not just a regular sportsbook that offers e-sports betting on top of traditional sports markets. Loot.bet is entirely dedicated to the world of e-sports, which makes it somewhat unique on the betting market.
In this review, we will cover all the main aspects and features of Loot.bet, including its range of betting markets, bonuses and promotions, quality of odds, available payment methods, customer support responsiveness, and more.
About Loot.bet
Loot.bet is operated by Livestream Ltd, with the headquarters located in Nicosia, Cyprus. The betting site is licensed by the Curacao Gaming License (#365/JAZ).
Loot.bet was launched in 2016 with the goal of creating a gambling platform dedicated to e-sports betting. During the last four years, Loot.bet grew in popularity and became one of the most trusted options for players looking to bet on their favorite e-sports. The company is frequently seen as one of the sponsors of many major e-sports events.
People from all over the world are welcome to make an account on Loot.bet, and the platform supports multiple languages, including English, Spanish, Chinese, Portuguese, Filipino, Turkish, German, Russian, and Polish. Unfortunately, due to various legal reasons, Loot.bet has a few restricted countries such as the United States, United Kingdom, France, Netherlands, Belize, Belarus, Cyprus, and Malta.
PROS
In Play Esports Betting
100% first deposit bonus to €100
50% Combo Bonus on Any Deposit
Excelent Esports Betting Market Selection
Live Streaming
CONS
Not Traditional Sports Betting
UK and US Players not accepted
LOOT.BET ESPORTS BETTING BONUS OFFERS
Loot.bet has a couple of nice bonuses and an interesting loyalty program that rewards players who wager the most. Here are some of the details on Loot.bet’s main promotions.
100% Welcome Bonus up to €100
Loot.bet has a pretty standard welcome bonus that matches your initial deposit up to €100 (or currency equivalent). There are a lot of better sportsbook bonuses than this one, but it’s still nothing to scoff at.
The minimum deposit is €10, and the bonus applies only to the first deposit that you make on the website. The wagering requirements are only 10x, which is very generous. However, only the odds of 1.79 or higher count toward the rollover. Bets that count toward the requirements include both single and combo bets.
The maximum amount of money you can win from the bonus is €100 or currency equivalent. Apart from EUR, other currencies you can use include USD, RUB, and PHP. The bonus is valid for 30 days after activation.
To unlock the bonus, you will need to use the bonus code LEAGUE. After completing the wagering requirements, Loot.bet will give you 100 free spins for the Terror Strike game.
Ladder
Apart from the welcome bonus, Loot.bet also has a unique loyalty program that rewards every player on the website.
Namely, all single and combo bets that you make on odds of 1.3 to 50 will earn you experience points (XP). The more XP points you collect, the higher you will rank on the site’s weekly ladder. At the end of each week, the top seven players with the highest number of XP points get rewarded. First place gets an iPhone 11, second place gets Apple AirPods, while players from third to seventh place win cash rewards ranging from €10 to €50.
And that’s not all! Loot.bet also has a quarterly ladder with the prize pool of €10,000. Every quarterly race runs for about three months and works in the same way as the weekly race — you make bets and collect experience points. Top 21 players at the end of each stage collect rewards that range from €25 to €4,000.
Experience points are calculated by multiplying the bet amount with the odds of the bet. Combo bets that have odds higher than 50 will not contribute to any experience points.
How Do I Collect the Loot.bet Welcome Bonus?
Signing up for the welcome bonus on Loot.bet is pretty straightforward and works similarly to all sportsbook sites. If you’ve never used welcome bonuses for online betting, here’s what you need to do.
- Open Loot.bet website — Click on the link in this review and you will be redirected to the official Loot.bet website.
- Sign up — Click/tap on the yellow Register button in the top right corner of the screen. Follow the simple instructions and fill out the registration form with your personal details so that the operator can confirm your identity. Make sure to type in the bonus code so you can unlock the welcome offer.
- Deposit — Once your account has been activated, you can fund it with real money. Go to the site’s cashier page and select a preferred deposit method. Make sure to deposit at least €10, which is the minimum amount required to unlock the deposit bonus.
- Play — After you’ve activated the welcome offer, you can start betting using your bonus funds. Make sure to comply with all bonus terms regarding minimum bets and wagering requirements.
Esports Betting Options & Odds @ Loot.bet
Loot.bet was developed specifically to accommodate esports bets. They offer a beautiful interface with a number of esports market. We have partnered with Loot.bet because of their dedication to providing esports enthusiasts with the perfect platform to bet on their favourite esports teams, players, and events. Their odd calculators offer fair betting lines for several of the largest and even smaller leagues and tournaments. Providing odds for over 15 competitive esports markets and live betting on various games like CSGO, Rocket League, and Fortnite; Loot.bet is the ideal place to wager on esports.
Loot.bet E-Sports Markets
As I mentioned at the beginning of this review, Loot.bet is entirely dedicated to e-sports betting. If you want to enjoy traditional sports betting, then maybe this website is not for you. However, if you’re a hardcore e-sports fan that likes to bet on various e-sports events and tournaments, there’s no better place for you than Loot.bet.
Here are all of the games that you can bet on:
- CS:GO
- Dota 2
- FIFA
- King of Glory
- Overwatch
- StarCraft
- StarCraft II
- PES 2020
- Call of Duty
- League of Legends
- NHL
- NBA2K
- Rocket League
- Hearthstone
- Rainbow 6
- Heroes of the Storm
- Dota Underlords
- PUBG
- Smite
- AoV
- Street Fighter V
- Quake
- Tennis
As you can see, Loot.bet has over 20 e-sports that you can wager on. Some of the most popular markets include Dota 2, CS:GO, League of Legends, and football games such as FIFA and PES.
As soon as you enter the website, you will see all matches that are currently live or are about to begin soon. By clicking on Tournaments, you will get a list of all ongoing e-sports competitions. Of course, there’s also a separate tab for outright bets where you can wager on the winner of each tournament.
Loot.bet In-Play Betting
One of the most exciting ways to bet online is while the games are currently taking place. Live, or in-play betting is one of the available features on Loot.bet.
Apart from guessing the winner of each match, in-play betting allows you to make various prop bets like the winner of each map/round, the total number of kills, odd/even bets, and more.
Unfortunately, not all e-sports are available for in-play betting. However, you can always expect games like CS:GO, Dota 2, FIFA, and others to have the live betting feature available.
Loot.bet Live Streaming
All the best e-sports betting sites will allow you to watch the games live as you’re betting on them, and Loot.bet is no different. The site has Twitch streams embedded in its live betting page, and you will be able to watch the streams as long as you make a minimum bet on that particular match.
The streams are of great visual and sound quality, but you do need to have a stable internet connection if you want to watch them in HD.
Loot.bet Casino Games
Although you can’t bet on traditional sports through Loot.bet website, there are a few casino games that you can try your luck on.
There are hundreds of high-quality video slots to choose from, brought to you by some of the best software providers in the industry like Playson, Endorphina, Spinomenal, and others. There are a few interesting e-sports-themed slots made by Cyber Slot that you should definitely try out. Some of the titles in this category include CounterPunch Pro, Terror Strike (connected with the welcome bonus), Elite Forces, Secret Shop, Treasure Craft, and Loot Luck.
Table games are few and far between, but I did run into games like classic blackjack and mini roulette. There are also several “turbo games”, as the site labels them, which include games such as Dice, Goal, Plinko, Mines, Hi-Lo, and Keno.
The fact that Loot.bet has so many casino games is certainly a plus in my book. Sometimes there are no e-sports to bet on or you simply might want to take a break from e-sports betting, so having an option to explore different casino games is definitely something a lot of players will like.
Loot.bet Mobile Betting
In this day and age, many e-sports gamblers prefer to bet using their smartphones and tablets. Loot.bet obliges with a great mobile-friendly site that works well on all modern devices. Simply type in the website’s URL into your mobile browser and use the same credentials to log in as you would on your desktop computer.
The mobile website’s design fits well on a smaller screen and allows you to effortlessly bet on e-sports while on the go. All of the same features are there, including live betting, betting markets, bonus offers, different types of bets, and more.
Unfortunately, Loot.bet doesn’t offer a mobile app at this moment, but the iOS and Android apps might be in development in the near future.
Lootbet Payment Options
Banking and Security
Players on Loot.bet will have plenty of payment methods at their disposal. The website lists the following supported payment methods:
- Visa
- Mastercard
- МИР
- Skrill
- Neteller
- EcoPayz
- Qiwi
- Yandex Money
- WebMoney
- Moneta.ru
- SkinPay
- Cryptocurrency
Unfortunately, Loot.bet does not disclose minimum and maximum deposit limits for each of their available payment methods. What is known is that you can withdraw up to €10,000 per month and that there are no fees associated with cashouts. Also, you must withdraw using the same payment method you used for depositing.
All withdrawal requests go through a pending period that usually lasts between 24 and 72 hours. The processing times can vary depending on the method you choose.
Loot.bet is fully licensed by the Government of Curacao. All of their games and betting features have been tested for fairness. Customer protection is guaranteed, as the operator is a PCI DSS compliant, which ensures the secure handling of credit card data and other payment solutions.
Loot.bet is also a proud sponsor of ESIC, an organization that’s in charge of preventing cheating and match manipulation in e-sports.
Restricted Countries
- Sint Maarten
- Somalia
- South Sudan
- Sudan
- Syria
- Turkey
- U.S. Outlying Islands
- U.S. Virgin Islands
- United Kingdom
- United States
- Iraq
- Israel
- Kyrgyzstan
- Libya
- Malaysia
- Myanmar (Burma)
- Netherlands
- Nigeria
- North Korea
- Pakistan
- Curaçao
- Cyprus
- Eritrea
- France
- French Guiana
- French Polynesia
- French Southern Territories
- Ghana
- Indonesia
- Iran
- Afghanistan
- Aruba
- Belarus
- Belize
- Cambodia
- Caribbean Netherlands
- China
- Congo - Brazzaville
- Cuba
Customer Support
As a new member on Loot.bet, you might have a lot of questions regarding the overall use of the website, as well as how to unlock bonuses, use certain payment methods, and more. All of your questions can be answered by friendly and professional customer service agents of Loot.bet.
The best way to contact customer service is through a 24/7 live chat. Simply click on the text box icon in the bottom right part of your screen and type in your question. One of the customer service agents will shortly be with you.
Alternatively, you can send an email to support@loot.bet, although response times could be slower this way. You can also call +351-22-008790 and talk to one of the agents over the phone.
However, before you contact Loot.bet customer service, try to look for answers on the site’s FAQ page.
LICENSE & REGULATION
Loot.bet is operated by Livestream Ltd of Arch. Makariou III Avenue, 42E, Matina Building, 1065 Nicosia, Cyprus under Curacao Gaming License #365/JAZ
31 May, 2022
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