Various Special Bets
Pre-match Betting/Live Betting & Outright Betting
Lack of Outright Special Bets
Loot.bet is a relatively new online bookmaker that is specialized in eSports markets. They were founded in 2016 at the time of the development of the Esports industry. At the moment, Loot.bet is owned by LiveStream Gaming LTD which is based in Belize. Furthermore, the homepage looks very slick and simple and you can find all the important things on it. Nobody should have any problems managing on the site. As for the colours, the background is based on black colour, which suits gamers and is pleasing to the eye. Loot.bet really cares about their users, which will be corroborated later in this text. They are the proud sponsors of StarLadder events and tournaments, and they are one of the main sponsors of Esports team SproutGG. In this review, you will be able to learn more about Loot.bet Esports bonus, Esports to bet on and more.
In order to start using all the best segments of loot.bet offers, which includes the best Esports bonus, you will need to sign-up for an account. That process is fairly simple, all you need to do is enter your e-mail and password and you are good to go.
You will find all the important things on loot.bet’s homepage, starting from the deposit, current balance, navigation bar with Esports that they offer. You can also find your betting slip, alongside with bets history in the right corner of the screen. They also offer a huge variety of games to bet on, a lot more than their competitors.
The website is translated into 6 different languages:
There are 4 variations of odds to choose from, that being:
- Decimal odds
- American odds
- Fractional odds
- Hong Kong odds
Loot.bet offers numerous types of bets, pre-match betting which is standard for every bookmaker. They also offer betting on outrights. Betting on outrights stands for placing a pre-match bet on a team to win a certain tournament.
The most exciting feature that Loot.bet offers is live betting. Recently, most of the Esports bookmakers have introduced live betting onto their platform, but they all have the same problem, and that is match being “greyed out” for the most part of it being live.
However, Loot.bet does not have that problem. Live odds are constantly updated. Alongside their betting offers, they have an extraordinary support system.
Their support team is online 24/7, and they will respond in no time. Regarding submitted mail tickets, they will be answered within 24 hours. They even have a mobile phone number where you can reach out to their support.
Unfortunately, loot.bet is restricted for some countries such as:
- United Kingdom
- Northern Ireland
There are 11+ eSports offered on Loot.bet, these are:
- League of Legends
- Dota 2
- Starcraft 2
- Rocket League
- Heroes of the storm
- World of Warcraft 2
- NBA 2K League
The most popular eSports people bet on is League of Legends, followed by CSGO, Dota 2 and Overwatch. They offer more Esports options that similar bookmakers like gg.bet. Every Esports offered has a different logo attached to it.
For example, League of Legends games has Leagues standard logo(gold L in blue background). It shouldn’t be a problem to recognize different games. In the middle of the screen, you can find a navigation bar where you can scroll between the Esports that are currently offered.
Live matches will always be on top of the list, marked in a “green play button”. Pressing the “green play button” will open a stream to a match you selected. Sometimes streams get mixed up, but support handles it in no time.
ODDS AND BETS
Loot.bet prides themselves on best live odds out there, and that is the truth. Compared to their rivals, in 99% of the cases, they will offer higher odds. Their pre-match odds are also nice, but very much similar to their rivals. However, every match on Loot.bet has a lot of specials.
For instance, you can bet on a “Map 1 or 2 winner”, which team will draw “first blood”, amount of total rounds played(over or under), rounds handicap, exact score, which team will get 10 kills first, numbers of maps played. Alongside regular specials, they even offer specials in their live matches! Not many bookmakers offer that.
At the moment, the minimum bet is 0.5$, and maximum can vary around two different things. Mainly, it depends on the tournament level, after that, it depends on the number of bets placed on a certain match. In the end, maximum bet can vary from $100$ to 20.000.
There are no restrictions on the amount of selection you can place. You can bet on a single match, or more matches combined(multi or combo). Placing a bet should not be a problem for anyone using loot.bet, after making your selections, you will be able to find them on the right side, in the betting slip.
After that, the only thing you have to do is to type in the amount you want to stake and hit green button that says “MAKE A BET”. You can also check your bets history in the betting slip if you click “history” tab.
Loot.bet Esports bonus
To redeem your bonus you would first need to make a free account. Don’t forget to follow our link while making an account so you can get all the bonuses.
First Loot.Bet Esports bonus
At this time, there is 2 Esports bonus offered by Loot.bet. The first one is a 100% Esports bonus on your first deposit(if you deposit $50, you will get an extra $50 to play with). We here at CSGO Tips are partners with LOOT.BET and all visitors from this site are eligible for a 100% Welcome Bonus on LOOT.BET. All you have to do is to register using our LINK.
Before accepting the first Esports bonus, you should check terms and conditions. The code for the first deposit bonus is “LOOT”. When you select a deposit method and enter the amount you want to deposit, there will be a box where you will be asked if you have a promotional code. You will enter your code there. The minimum deposit on this bonus is 5$ and the maximum amount of bonus sum that you can acquire is 100$. One of the main terms of this bonus is:
“To be able to withdraw the bonus funds and winnings, you will need to roll over (wager) the total amount of the deposit and the bonus ten times within 180 days of your initial deposit. Any fully settled bet (i.e. resulting in a win or loss) placed at odds of 1.90 or more count towards the wagering requirements. Multi(combo) bets count towards the wagering requirements only if all selections are at odds of 1.90 or more.”
This offer will expire on December 31th 2019.
Second Loot.Bet Esports Bonus
There is also an Esports deposit bonus for newcomers and StarLadder viewers. Use code “SLTV” for a 100% bonus on your first deposit(if you deposit $50, you will get an extra $50 to play with). The minimum amount you can deposit is $5, and the maximum amount of the bonus sum that you can acquire is $100. There are also terms that apply to this bonus. The most important one is:
“To be able to withdraw bonus money, you need to convert them into the real money. To do this, you will have to roll over your deposit and bonus 10 times. It means you have to place bets on the total sum of bonus and deposit amounts, times 10 within 30 days after the deposit. Any settled bet(i.e. resulting in a win or loss) placed at odds of 1.80 or more participates in the rollover. Multi(combo) bets fulfil these requirements only if all selections are at odds of 1.80 or more.”
This offer will expire on December 31th 2018.
Weekly Loot.Bet Esports bonus
Alongside these two deposit bonuses, there is also a weekly competition for all the players at Loot.bet. Every person that placed a bet will enter this competition. There will be 3 winners drawn each week.
Your chances increase every time you win. At the end of the week, winners will be selected and they will be able to choose certain high tier CSGO skins as a reward. Winners will be contacted via mail, and their rewards will be sent within 10 days.
DEPOSIT AND WITHDRAWAL(MONEY/CRYPTO)
Before the first deposit, there is certain information which you have to provide. In the beginning, you will have to select your currency from the list. There are quite a few of them offered, like $, €, BitCoin, Ethereum, Russian Ruble or even skins that are connected to steam.
During the first deposit, you will be prompted to enter your country of residence and birth date. After this information is submitted, you will not be asked to enter them again. There is numerous way of depositing money on Loot.bet.
Most popular deposit methods for $ and € are:
- Credit/Debit cards – VISA, MasterCard and Maestro
For Russian Ruble, you can use:
- Credit/Debit cards – VISA, MasterCard and Maestro
Minimum deposit is $10 or 500 ₽. Loot.bet is one of the first bookmakers to accept cryptocurrencies. Minimum Bitcoin deposit is 0.001 BTC. Some people may favour BitCoin deposit because everything will be done anonymously(you do not have to upload any personal documents).
Skins deposits are processed via Skinpay. Dota 2 and CSGO skins will be instantly sold on Skinpay, after that, CSGO bettors’ balance will be refilled. Be very careful when selling skins, because prices will vary from the ones you can get on steam. You can lose up to 40% of your skins worth. On the other hand, you can only deposit skins on Skinpay and receive money for it, you are not able to withdraw skins from skinpay. Skins deposit have no minimum restrictions. Every skin trade is final and there is no refund policy.
There are certain conditions that have to complete in order to withdraw from Loot.bet. The main thing is identity verification, which is done by uploading an ID or passport, adding a credit/debit card or by uploading any other document that can confirm account owner identity. The minimum withdrawal request is $10 and all the withdraws have 0% fee, which is rare in the betting world.
Loot.bet started off really shaky. Some Esports bettors classified them as a scam because of their “unreal” odds. Others complained about delayed withdrawals. There were also problems with betting limits, the more someone won, the less he could bet.
People also complained about Loot.bet’s Esports bonuses, and why they weren’t able to withdraw them(bonus terms are standard, most of the similar pages use the same or similar terms). On the other hand, most people are satisfied with Loot.bet and with their Esports market. Their support system is one of the best out there, odds are insanely high and there is a minimum of 30 matches to bet on every day.
From our point of view, Loot.bet has a great user interface, it is clean and easy to understand even for users who are not very familiar with betting. Support is online 24/7 and they are always there to answer your inquiries. They also enjoy friendly conversations.
From a bettor’s point of view, Loot.bet has one of the highest odds for live matches(compared to their rivals), and Loot.bet’s Esports bonuses are easy to use. To conclude, Loot.bet has the potential to become the best Esports bookmaker out there.