Loot.bet

Posted by July 20, 2020 in
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Based in Cyprus and managed by Livestream Ltd, Loot.bet are a new online esports-bookmaker offering bettors the chance to wager on a variety of esports markets. The Loot.bet platform has clearly been designed for electronic gaming fans, their main focus on professional esports events. While writing this Loot.bet review we found the site to offer a smooth betting experience, coupled with all the details we could ever need on the tournaments featured and high value odds. Loot.bet offer a wide range of esports to choose from, and new games are appearing all the time alongside a good selection of betting markets. And unlike many other bookmakers, Loot.bet offer punters the chance to top-up their accounts using both gaming skins and bitcoin payments.

So here it is. Welcome to our Loot.bet review. Here we will try to answer all your potential questions like is Loot.bet legit, where can I get my loot.bet bonus code, and how can I get my Loot.bet withdraw? You can’t have a shortlist of esports betting sites and not include Loot.bet. This brand has become a household name in esports, well known for their great Loot.bet bonus code offers and their some of the best esports odds on the market.

Many punters on the Loot.bet Reddit are asking is Loot.bet legit? This is one of the main questions we will try to answer in our Loot.bet review. We will examine important trust features like Loot.bet’s licensing and their available payment methods, in order to help you feel more safe when signing up to this esports betting site.

We will also explain the Loot.bet skin betting service, and hopefully by reading our review, you will know exactly where you stand when you sign up with this brand.

GET UP TO €200 BONUS WITH LOOT.BET

Our review of Loot.bet will put the brand through some strict test categories that will give you an easy way to compare Loot.bet to the other best esports betting sites out there.

Summary

LOOT.BET ONLINE BETTING: AN ESPORTS BETTING REVIEW

Whether its Loot bet Dota 2 betting or CS GO betting, we hope you’ll find everything you need in our Loot.bet review to make the right choice. Keep reading to see what kind of Loot bet Dota 2 odds and Loot.bet CSGO odds are waiting for you.

Summary:

Loot.bet is based in Cyprus and the brand has been operating since back in 2016. Livestream Limited owns the site, and their esports betting service features a multi-language platform covering English, Russian, Polish, Spanish, German, Turkish, Filipino, Portuguese and Chinese. Loot.bet’s esports betting for punters from the likes of United Kingdom, France, the Netherlands and the United States, unfortunately, is not available.

 

Loot.bet are 100% focused on esports betting, not offering other verticals like sports betting. They have made their name by sponsoring some major esports tournaments in the last few years, and the site looks to be designed purely for esports gaming fans.

 

WHAT KIND OF LOOT.BET BONUS CODE CAN I GET?

If you came to Loot.bet looking for an exciting esports bonus, then you’ll be happy to know they offer a great matched deposit bonus at the moment. This offer is open to all new customers; all you’ll need to do is enter your Loot.bet bonus code and make a qualifying deposit to get up to €200 in extra betting funds.

 

This means creating a brand new Loot.bet account and entering the Loot.bet bonus code: LEAGUE when you’re making your first deposit using any payment method that is not a cryptocurrency. When you have managed to do this, Loot.bet will match your first deposit by 100% up to €200.

 

It’s important not to forget there are wagering conditions that need to be taken care of. Punters have to wager the combined value of your first deposit and bonus at least 10 times before you are allowed to make a withdrawal.

 

You can only wager on settled bets with odds of 1.69 or over, and you have 30 days to complete this task, or else your esports bonus will be voided. Overall, Loot.bet offer a decent welcome package that should hopefully give you a great headstart on your Loot bet Dota 2 betting. Terms and conditions apply, 18+

 

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WHAT ESPORTS DOES LOOT.BET COVER?

Loot.bet is a dedicated esports betting site which means you won’t have a load of sports betting odds and casino games in your way, when looking for some great betting odds for your favourite esport. As well as their renowned Loot.bet CSGO odds, there are always some excellent value bets up for grabs for a range of battle arena titles, sports simulators and collectible card games.

 

Loot.bet currently offer pre-match and live esports odds for at least 16 games. This includes first-person shooters like Counter Strike Global Offensive, Rainbow Six, Call of Duty, Overwatch and many more. There is also a reliable selection of odds for battle arena games like League of Legends, the Loot bet Dota 2 bets definitely some of the best out there.

 

Loot.bet also covers sports simulators if that’s what your into, as they cover all major competitions for esports titles like NBA2K and FIFA. They have even included odds for some of the recent battle royale games like Playerunknown’s Battlegrounds, and hopefully games like Fornite or Apex Legends in the very near future.

 

One thing that really impressed us here at esportsnow was the fact that Loot.bet includes odds for many of the smaller esports games that tend not to get covered by many operators. For example Loot.bet has some great odds for titles like Rocket League, Heroes of the Storm, Dota Underlords, Hearthstone and King of Glory.

 

Put it all together and it’s easy to see that Loot.bet are an esports betting site that aims to cater to hardcore gaming fans. It’s not just their legendary Loot.bet Dota 2 odds that stand out, it’s their range, offering odds on some of the most obscure esports out there.

 

USING THE LOOT.BET SITE:

Loot.bet has a pleasing, contemporary feel and their site is obviously geared toward a gaming vibe. Colourful and edgy graphics stand out on the background of muted black. Different games are signposted with small badges and through the centre of the screen you can find the navigation bar. This shows all the various esports available to bet on here. At the end of the list is also a link to Classic Sports, obviously an afterthought, but that’s no surprise from a platform all about esports.

All you have to do is click on a game and you will see any current or upcoming live events, along with a full list of potential pre-match wagers. Once you’ve found something you like, click on the plus symbol to the right to view each bet available on that tournament. Pick a selection and make sure you’re already logged in. If so you will see all the details on a bet slip or ticket to the right of the page. There you can enter in the stake you want to place and see what your potential profit could be. It is also possible to use the search bar in the middle of the page, to find whatever you are looking for, or select ‘Tournaments’ and find events featuring a particular or multiple games like Loot.bet Dota 2 bets.

 

Admittedly, the user dashboard may not be the most innovative or intuitive, as most allow bettors to simply click on a stake rather than manually typing one in, and the central ribbon doesn’t show the complete list of games because of space restrictions. However, throughout this Loot.bet review we never had trouble finding whatever we needed and overall our esports betting experience was great.

 

WHAT IS LOOT.BET’S BETTING COVERAGE LIKE?

Loot.bet offer tons of pre-match and live betting on classic esports, and also traditional sports like volleyball, handball, ice hockey, basketball, tennis and football. It only takes a few moments on the site and you’ll notice however, that the interface is far more geared toward esports betting.

 

Live betting or in play betting has exlpoded in recent years and become commonplace, as the technology to make it happen becomes more widely available. Loot.bet’s live betting provides bettors with odds on esports competitions from far across the globe.

 

It is only in recent times that live betting is no longer mainly confined to the biggest esports markets, on traditional sports like football and rugby. But the in-play option in esports has really developed; punters can now use information and statistics provided by Loot.bet, to help choose the best stakes as the action unfurls, on games like Loot.bet Dota 2. Live betting adds a unique dynamism to the process of esports betting, as does live streaming, making it feel like you are right there at the event and feels far more immersive.

 

At Loot.bet all you need to do in order to watch a stream of an event you are betting on, is check out the embedded link to Twitch. Search for games marked ‘Live’ and simply click on the play icon. You don’t need to be logged in to an account to watch streams. Twitch is known for its esports broadcasts covering a huge range of gaming tournaments and also for other esports content for the esports community, like behind the scenes chats with teams and players.

 

WHAT IS LOOT.BET’S CUSTOMER SERVICE LIKE?

Loot.bet have an excellent and friendly customer service team, in case you are ever unsure about any aspect of the site, or if you have a question relating to your account. As part of this Loot.bet review we engaged with their support team, and found that emails to their designated address; support@loot.bet, were always responded to within 24 hours and their live chat option worked exceptionally well too, always being answered swiftly, assuming you pay attention to their opening times of course.

Agents are available from Monday to Friday, from 9am to 5pm. There is phone support available during these times also, just call them on +44-20-3322-7299 for a more immediate response. Loot.bet’s help section is presented in the form of an FAQ, but this FAQ lacks information in our opinion. We did not find it hugely informative on many of the more general issues, instead at times seemingly looking at what feel like a random set of problems like ‘Why do the odds on new maps in a multi-round tournament not automatically appear?’.

 

WHAT ARE MY AVAILABLE LOOT.BET WITHDRAW OPTIONS?

In order to make an inital deposit into your Loot.bet account, you must start by logging in and navigating your way to the deposit page. There is a drop-down list of payment options to choose from, just select the one that suits you and follow the instructions to top up your account. Players can use credit and debit cards, including Diners Club, Visa and MasterCard. Alternatively you could go for an online service like iDeal, Neteller, or Skrill.

 

Players can also use skin betting to pay for bets using a service called Skinspay. This service enables you to add funds and make bets by selling virtual items from your Dota 2 inventory, or skins from CSGO. All you have to do is choose Skinspay from the available payment options, enter your Steam trade link (if you can’t remember your link, click ‘Get it’) and Loot.bet will transfer you to a partner site. Select the items you wish to sell, confirm your transaction and accept the trade. Your money will then be transferred to your Loot.bet account balance which you can the use to place (and hopefully win) bets. To be allowed to use this this service, you will need a Steam account at Level 1 or higher and your inventory must be made public.

 

Bitcoin is another possible method to deposit at Loot.bet. This option enables players to use the site anonymously. If you decide you want to use a Bitcoin wallet to play with, Loot.bet will not usually require you to go through the normal ID verification procedure. In fact unless they have any reason to suspect there’s something unlawful happening, they won’t even ask for details like your country of residence or home address. To use Bitcoin all you need to do is select it as your currency when you open a Loot.bet account.

 

When making your Loot.bet withdraw, like any other withdrawals made at online betting opperators, make sure to remember that if you deposit with one method you will need to withdraw any winnings back to the same method. Once you have requested a withdrawal, the Loot.bet payments team will take a look at the details and, assuming everything is in order, process it and send it on it’s way. It doesn’t usually take longer than 24-hours to process a withdrawal, but at busy times, or during public holidays, it can take up to 72 hours.

 

If any issues arise and they cannot process your withdrawal, Loot.bet will notify you as soon as possible. One of the most common reasons for a Loot.bet withdraw request being denied or delayed, is the failure to provide your proof of identity. In accordance with international law, if you open an account and wish to withdraw money, you’ll need to present Loot.bet with a copy of your passport and proof of your address, (this can be any official document that shows your personal details such as utility bills and bank statements that are under six months old and show your name, address and the date).

 

LOOT.BET’S SECURITY AND RELIABILITY:

Many have asked the question is Loot.bet legit on the Loot.bet Reddit forum. Loot.bet complies with all payment card industry standards when it comes to payment security, so yes it is a safe place to carry out financial transactions. They display the PCS DSS seal of approval (confirming that they have met the Payment Card Industry Data Security Standard) so their payment options and credit card data storage are confirmed secure. The esports operator is based in Cyprus and has a gaming license from Curacao, meaning they are fully regulated and authorised as a bookmaker.

 

So to answer the Loot.bet Reddit question is Loot.bet legit? Yes they are one of the most legit opperators out there.

 

LOOT.BET REVIEW CONCLUSION:

Loot.bet are a rising star in the esports industry, and an excellent choice for esports fans of all walk of life. It is true that the experience of using their site could in future be developed by scaling up the service. At the moment there is no mobile application which is something they will want to develop going forward and the FAQ section could certainly do with a little more love and attention. Despite all this however, Loot.bet have adopted a user-friendly approach to both pre-game bets and live bets, and there are a fair range of betting markets available. The addition of skins and bitcoins as payment methods suggests that this sportsbook is taking a modern and innovative approach to esports gambling. Loot.bet have not yet reached their full potential