Sports Betting Bankonbet Sportsbook
Bankonbet Sportsbook

Bankonbet Sportsbook Review

Our rating
4/5
User rating No user ratings yet
Trust Index
High High
Early Cashout Yes
Payout Speed 1-3 days
Licences Curaçao eGaming, Estonian Tax And Customs
Welcome bonus:
100% up to €100

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Sportsbook Information
Website:
Established: 2022
Payment Methods:
Visa
Mastercard
Bitcoin
Ethereum
Paysafecard
Jeton
Neteller
Skrill
Neosurf
MuchBetter
Revolut
Sofort
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
  • VIP program
  • Regular promotions

Cons

  • No mobile app

Bonuses And Promotions

3.5/5

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. begambleaware.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

4.5/5

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

4.5/5

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

5/5

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

3/5

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

4/5

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

3.5/5

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

4.5/5

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

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