LOOT.BET is one of a new generation of esports-focused betting sites that have emerged in recent years. Loot.bet is run by a company called Livestream Limited and based in Cyprus, though it holds a Curacao license. It is increasingly popular with esports betting fans, offering a dedicated esports betting section, along with sports, casino and live casino options.
In this review, we will be taking a closer look at all of the important aspects of the Loot.bet site, including the quality of their welcome bonus offer, their range of esports games and markets and the effectiveness of their banking system, to give you all the key information you need.
Use Bonus Code TOP100 to get 100% bonus up to 100 EUR
The LOOT.BET bonus code is TOP100. You need to deposit minimum €5 to trigger the bonus. This offer is available for EsportsBettingTop visitors and can be activated by clicking the link below:
Welcome bonuses are a familiar part of the online gaming world, and Loot.bet have followed the example of many of their rivals by offering a generous welcome bonus to newcomers. When you sign up for a new Loot.bet account using our link and inserting the bonus code TOP100 in the deposit section, you will be eligible for a 100% deposit match bonus, worth up to €100. That means that if you fund your new Loot.bet account to the level of €100, Loot.bet will match it with another €100 added to your account.
Bonus Terms and Conditions
Welcome bonuses usually come with terms and conditions, and that is the case with Loot.bet. The €100 welcome bonus has a wagering requirement of x10. That means you have to play through the bonus amount and any associated winnings ten times before making any withdrawals, which is a standard condition of most online welcome bonuses. The wagering requirement has to be completed within 180 days and there is a minimum qualifying deposit of €5.
Esports Games and Markets
One of the problems for esports players looking for good sports betting sites is that many of the long-established sports betting platforms don’t make special provision for esports markets. But that is not the case at Loot.bet, which is focused entirely on esports betting.
Loot.bet cover the most popular esports games in depth, and you won’t have any problem finding markets for the main games such as League of Legends, Dota 2 and CS:GO, with excellent coverage of most tournaments associated with the games. And fans of lower profile sports will also find what they need on the site. We found markets available for a number of other games, including Starcraft 2, Rainbow Six, King of Glory, FIFA and Rocket League.
We were also pleased to find that Loot.bet do well when it comes to market depth. A typical Dota 2 contest could offer as many as 25 different betting markets, including First Blood, Total Kills, Total Maps and Correct Score. And while there are fewer markets available for some of the lesser sports, like Rocket League and Hearthstone, there were still plenty of options for fans of these games.
Site Design and Mobile App
Site design is an important part of any esports betting platform’s appeal, as you want to be able to quickly find your way to the right sections, and new users will find that the Loot.bet interface is laid out in a clear, user-friendly way. Clicking on the Bets section at the top of the page opens a list of upcoming and live events, and you can also search by clicking on the icon of the game you are looking for, or search by tournament using the handy link.
The site also scores highly when it comes to mobile use. Mobile betting is a big part of sports betting sector, and most esports betting fans use their mobiles to access the internet. Loot.bet offer two options for mobile users. There is a mini-app that can be accessed by clicking on the Loot.bet icon that appears on the home page, which you can easily add to your home screen with a couple of quick taps. And if you prefer not to use the app, their site is mobile-compatible and can be accessed through any mobile browser, giving you access to all the Loot.bet markets and, account features.
Deposit and Withdrawal Methods
Loot.bet have a comprehensive list of banking options. We found 16 deposit and withdrawal options, covering the most popular methods, including Visa, Skrill, Neteller and Visa Debit, as well as Bitcoin. Processing times for deposits and withdrawals are fast, with e-wallet methods going through in a matter of hours and card withdrawals taking up to three days. The minimum deposit and withdrawal figure of €10 is reasonable and the €10,000 maximum withdrawal limit should not be an issue for most esports betting fans. Overall, we rate the Loot.bet banking system as solid and effective and it should meet the needs of most esports betting fans.
These days, online security is a big concern, and Loot.bet, like most operators in the esports betting sector, have put a robust payment verification process in place. To be able to access the full range of Loot.bet services, you will need to be verified, which involves uploading up to date forms of identification, to verify your identity and your address. A copy of your government ID, such as passport or driving licence, and a utility bill are typically used for verification, although it is important to note that any bills you use should be less than six months old.
Once the documents have been submitted, there is no set time on how quick the verification goes through, but it is usually handled fairly quickly, and you can expect to be verified within three days.
Is Loot.bet Legit?
Loot.bet is licensed in Curacao. This is a common licensing authority in the online gaming and betting industry, however, it does not have the same high reputation as some of the more popular European jurisdictions, such as the UK Gambling Commission or the Malta Gaming Authority. We have not seen any evidence that Loot.bet is an untrustworthy site, but it is likely that some esports betting fans will have concerns about the licensing credentials of this betting platform.
There’s a lot to like about the Loot.bet esports betting platform. It provides excellent coverage of esports, with a healthy range of market as well as a generous welcome bonus, effective banking and a site layout that will appeal to many. The Curacao license will deter some esports betting customers, but overall, we were impressed with the site’s offering.