Bankonbet Sportsbook Review
18+. New players only. T&Cs Apply gambleaware.org
| Sportsbook Information | |
|---|---|
| Website: | |
| Established: | 2022 |
| Payment Methods: |
|
| Languages: |
English (UK), Finnish, French (France), German, Greek, Italian, Norwegian, Polish, Portuguese (Portugal), Spanish (Spain), Turkish
|
| Available sports: |
American Football, Baseball, Basketball, Boxing/MMA, Cricket, Esports, Football, Moto sports, Rugby, Volleyball, Water Polo
|
| Betting features: |
Live Streaming, Live Betting, Bet Builder, Early Cashout
|
| Compatibility: | IOS, Android |
| Customer Support: | Email, Chat |
Overview of Bankonbet Sportsbook
Since its launch in early 2022, Bankonbet Sportsbook, owned by Rabidi N.V. and licensed by PAGCOR, has been a go-to platform for bettors across the globe. Don’t miss the details, as this Bankonbet Sportsbook review covers its extensive betting options, competitive odds, intuitive interface, and exciting promotions, offering a complete analysis and final verdict.
Pros
-
Niche and esports available
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VIP program
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Regular promotions
Cons
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No mobile app
Expert Rating
Bonuses And Promotions
The bonuses at Bankonbet Sportsbook may not be the best we’ve seen, but they are still quite decent. The bonus amounts are reasonably generous, and the wagering requirements are fair. Players can enjoy a welcome bonus with their first deposit, a weekly reload bonus, and weekly cashback on lost bets. All bonuses are restricted for bettors from Armenia, Bosnia and Herzegovina, Georgia, Indonesia, Malaysia, and Tunisia.
Welcome Bonus
Bankonbet Sportsbook welcomes new customers with an enticing welcome bonus, matching 100% of the first deposit up to €100 for deposits of €20 or more, providing an excellent start to your sports betting journey.
| Bonus | Offer | Code |
| Welcome Bonus | 100% up to €100 | No code required |
| 18+. New players only. Terms and conditions apply. Gamble responsibly. gambleaware.org | ||
Welcome Bonus Terms and Conditions
To release the bonus, you must wager the combined amount of the deposit and bonus 6x by placing the following:
- Single bets with odds of 2.00 or higher.
- Multi bets with odds of 1.50 or higher
Only bets that satisfy these conditions will contribute toward the wagering requirements. Also, keep in mind that specific terms may vary for bettors based on their country of residence. To avoid any surprises, it’s essential to review the terms and conditions applicable to your region before making a deposit.
| Terms | Details |
| Wagering requirement (WR) | 6x |
| Minimum qualifying deposit | €20 |
| Maximum bet limit | Not limited |
| Time to complete WR | 30 days |
| Eligible games | All sports |
| Maximum payout | 10x the bet |
Reload Bonus
Regular players can also enjoy weekly reload bonuses from Bankonbet. Once a week, a deposit of at least €20 gets a 50% bonus up to €100. To release the bonus, you must wager the combined amount of the deposit and bonus 8x by placing:
- Single bets with odds of 2.00 or higher.
- Multi bets with odds of 1.50 or higher
Only bets that satisfy these conditions will contribute toward the wagering requirements.
Horse Racing Reload Bonus
As a platform with a strong focus on horse racing, Bankonbet provides a special reload bonus exclusively for this sport. When you place a bet of at least €20 with odds of 3.0 or higher, you can enjoy a 50% bonus, up to a maximum of €50. This bonus can be claimed once per promotional day.
Free Bets
Bankonbet Sportsbook doesn’t currently offer any promotions that include free bets. We’d like to see such promotions introduced in the future, as they would undoubtedly be well-received by bettors.
Other Promotions
In addition to weekly reloads, you can get a part of your weekly losses back through the cashback promotion. The cashback amount is 10% of the total loss, up to a maximum of €500. You can use this promotion once per week, and the wagering requirement is 3x the cashback amount.
VIP Program
The VIP program at Bankonbet Sportsbook is an exclusive experience designed for its most loyal players, featuring five distinct levels. As players level up, they unlock a range of benefits designed to improve their gaming journey. These benefits include higher withdrawal limits, cashback, and a personal account manager who assists them with anything they need. Let’s take a closer look at each of the 5 levels:
| VIP Level | Cashback | Monthly withdrawal limit | Personal account manager |
| Level 1 | 0% | €7,000 | No |
| Level 2 | 0% | €10,000 | No |
| Level 3 | 5% | €12,000 | No |
| Level 4 | 10% | €15,000 | Yes |
| Level 5 | 15% | €20,000 | Yes |
Odds and Betting Options
Bankonbet Sportsbook stands out as a comprehensive betting platform that caters to sports enthusiasts with a selection of major sports, leagues, and events from around the globe. The platform boasts competitive odds by industry standards, ensuring bettors get value for their wagers. Additionally, it offers an extensive array of betting markets designed to accommodate the diverse preferences of all bettors, from casual punters to seasoned professionals.
Betting Markets
Betting options include over/under margins, map winners, total kills, and various other markets. For fans of this modern approach to betting, Bankonbet Sportsbook provides an exciting platform with plenty of esports action to explore.
Odds
The odds at Bankonbet Sportsbook are consistent and reasonably competitive by industry standards. While they may not rank among the absolute best in the market, they still offer good value and can be enhanced in certain scenarios. The default odds format is decimal, but users also have the flexibility to switch to American or fractional formats.
- Accumulator Boost – When you win a multi bet consisting of at least three selections, each with odds of 1.40 or higher, a combo booster multiplier is applied to your total odds. This multiplier starts at 3% and increases progressively as you add more selections to your bet, reaching an impressive 100% for multi bets with 21 or more markets. Best of all, the extra winnings from the boost are credited directly to your account balance with no wagering requirements.
| Number of markets (odds 1.40+ each) | Combo booster multiplier |
| 3 | 3% |
| 4 | 5% |
| 5 | 8% |
| 6 | 10% |
| 7 | 13% |
| 8 | 15% |
| 9 | 20% |
| 10 | 30% |
| 11 | 35% |
| 12 | 40% |
| 13 | 45% |
| 14 | 50% |
| 15 | 55% |
| 16 | 60% |
| 17 | 65% |
| 18 | 70% |
| 19 | 80% |
| 20 | 90% |
| 21+ | 100% |
- Boosted Odds: Occasionally, certain matches feature an Enhanced Odds tag within the market description. This option lets you increase the odds for single, multiple, and system bets placed on the 1×2 market. The boost must be applied before the match begins, and any additional winnings from these enhanced odds are credited directly to your account with no wagering requirements.
Featured Sports
Bankonbet Sportsbook offers a selection of over 30 sports to bet on, including popular ones, niche options, and esports. Each sport is thoroughly covered, featuring most major leagues and events. Football takes center stage as the primary focus, followed closely by basketball and tennis.
Horse racing also holds significant importance, with a dedicated section specifically for it. This area offers betting options on horse, greyhound, and harness racing. So, if you’re a passionate horse racing enthusiast, you’re sure to find the events that interest you.
There’s also a solid selection of esports markets, featuring the biggest tournaments in games like CS: Global Offensive, League of Legends, Dota 2, Valorant, and more.
Betting Features
You’ll find a comprehensive selection of betting options to suit every type of bettor at Bankonbet Sportsbook. Whether you prefer single bets, multiples, or the complex mathematics of parlays, the platform has you covered. For those who enjoy a bit of a thrill, the live betting feature allows you to place wagers on events as they unfold in real time.
Live Betting
The good thing about Bankonbet Sportsbook is its live betting options, with the selection of sports varying throughout the year. However, football and tennis remain the most consistently featured. Football live betting markets include first-half totals, total corners, next goal, and final score, while tennis offers wagers on individual games, sets, and overall match outcomes. Other sports like basketball, table tennis, ice hockey, and esports are also frequently available for live betting.
Live Streaming
There’s live streaming for selected events, and it includes a convenient filter to display only those with live streaming options. This feature allows bettors to keep up with the action in real time and improves the overall live betting experience.
Early Cash Out
For certain single and multiple bets, Bankonbet Sportsbook offers the option for early cash-out, though free bets are excluded. You need to submit a request, which the platform will review and decide whether to approve. You’ll receive a confirmation message if accepted, and the bet will be settled immediately.
Bet Builder
We appreciate a user-friendly bet builder feature that allows you to create a single bet by combining multiple markets within the same match. Options include total goals, goal scorers, corners, and yellow cards, resulting in higher odds. While not all markets are eligible for combination, a designated icon can quickly point out those that are.
Banking at Bankonbet Sportsbook
Bankonbet Sportsbook offers a wide range of payment options, including multiple cryptocurrencies. However, the availability of these methods varies by region. To address this, the payment section includes convenient dropdown menus that let users select their region and currency, providing precise deposit and withdrawal limits for each available method.
| Payment method | Min. deposit | Max. deposit | Min. withdrawal | Max. withdrawal | Payout |
| FunId | €10 | €2,000 | €20 | €1,500 | 1 – 3 days |
| Mastercard | €10 | €2,000 | €10 | €3,000 | 1 – 3 days |
| Revolut | N/A | N/A | €10 | €2,000 | 1 – 3 days |
| Bank Transfer | N/A | N/A | €10 | €5,000 | 1 – 3 days |
| Paysafecard | €10 | €1,000 | N/A | N/A | 1 – 3 days |
| Skrill | €10 | €5,000 | €10 | €5,000 | 1 – 3 days |
| Skrill 1-Tap | €10 | €5,000 | €10 | €5,000 | 1 – 3 days |
| Neteller | €10 | €5,000 | €10 | €5,000 | 1 – 3 days |
| Jetonbank | €10 | €5,000 | €10 | €5,000 | 1 – 3 days |
| MiFinity | €10 | €5,000 | €10 | €2,500 | 1 – 3 days |
| Binance Pay | €10 | €5,000 | N/A | N/A | 1 – 3 days |
| Bitcoin | €30 | €5,000 | €40 | €5,000 | 1 – 3 days |
| Other crypto | €10 | €5,000 | €30 | €5,000 | 1 – 3 days |
App and Mobile
Although Bankonbet Sportsbook doesn’t offer a dedicated mobile app, its mobile-friendly website ensures seamless access to all features on any device. From placing bets and checking live odds to finding specific information, the mobile site delivers a smooth and reliable user experience directly through your browser.
User Experience
This sportsbook gets a thumbs up for a thoughtfully designed website with a strong emphasis on user-friendliness. Navigation is simple and straightforward, with all sections and information intuitively organized precisely as expected. We were absolutely delighted by the accessibility of all key details, including the payment section, where users can view the available payment methods and deposit and withdrawal limits specific to each country and currency.
The aesthetic design of Bankonbet’s website is also worth mentioning. Its white and blue color scheme, accented with touches of red, creates a fresh and sporty look that is both appealing and dynamic.
Licensing and Availability
We consider Bankonbet Sportsbook to be a fair and safe sports betting platform. It operates under the license of the Philippine Amusement and Gaming Corporation (PAGCOR), a respected gaming authority in the ASEAN region. To ensure the security of players’ personal and financial information, it utilizes standard TLS encryption.
Customer Support
If you run into any issues while playing at Bankonbet, their customer support team is available through multiple channels. You can access 24/7 live chat for quick assistance or email [email protected] for more detailed inquiries. Additionally, the FAQ section is worth exploring, as it may have the answers you need. While some users have mentioned occasional delays in responsiveness, there are still plenty of ways to get the support you require.
Our Verdict of Bankonbet Sportsbook
Bankonbet Sportsbook boasts an excellent array of betting features. Its VIP program provides benefits such as higher withdrawal limits, a personal account manager, and cashback rewards. The platform covers over 30 sports markets, including horse racing, and offers live betting and virtual sports options. With a variety of payment methods, including cryptocurrency, it caters to diverse user preferences. The user experience is enhanced by an intuitive website design and multilingual support, while mobile users can enjoy a smooth betting experience via the optimized mobile browser version. Overall, Bankonbet is a strong choice for sports and eSports betting.
Bankonbet Sportsbook FAQs
What are responsible gambling tools at Bankonbet Sportsbook?
Is there a no deposit bonus available at Bankonbet?
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Top Alternatives to Bankonbet Sportsbook
If Bankonbet Sportsbook is not your cup of tea, there are plenty of other options for you to explore. Check out some of our top recommendations listed below:
18+. New players only. T&Cs Apply gambleaware.org
18+. New players only. T&Cs Apply gambleaware.org
18+. New players only. T&Cs Apply gambleaware.org
Best Alternatives to Bankonbet Sportsbook
If Bankonbet Sportsbook is not your cup of tea, there are plenty of other options for you to explore. Check out some of our top recommendations listed below:
18+. New players only. T&Cs Apply gambleaware.org
18+. New players only. T&Cs Apply gambleaware.org
18+. New players only. T&Cs Apply gambleaware.org
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