This review was last updated
Loot.bet bookmaker review August 2024
Advantages:
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eSports specialized bookmaker
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Betting site in Filipino
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Juicy eSports Bonuses
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High odds for some eSports
Payment Methods:
Not available in your location
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Specifications
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Bonuses & Promotions
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Odds
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Mobile
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Usability
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Types of Bets
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Credibility
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Payment Methods
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Support
Loot.bet Bonuses and Promotions
There are currently two bonuses and promos available at Lootbet. As the bookie specialises on eSports, you can expect juicy bonuses for these kinds.
First one we’ll cover is the Bonus Pack DPC, where you can get up to €100 on your first deposit. This bonus requires you to essentially use a bonus code at the moment of your deposit. We’re going to give you more in-depth details on our bonus article on Loot.bet, but the bonus code is “DPC”.
Besides the €100, you can get a €10 bonus to use as free bets, so this bonus is absolutely worth a shot.
The other one we have is the Double Up Your Next Deposit. This one works almost exactly like the other one, where the bookmaker will double up your deposit up to €100, and then give you a free bet as well. The bonus code for this is “Summit”.
Loot.bet Odds
When analysing Loot.bet Philippines odd margins, I came to surprise as they offer one of the highest eSports margins in the market. Besides that, you can view odds in both decimal and fractional at loot.bet, so suit yourself.
When it comes to eSports games, the most profitable option is CS:GO, with margins reaching a market high 4.0. Dota 2 is also a good option, as League of Legends get the third position.
As we went through in our Lootbet review, this bookmaker offers skyrocket odds in many sports.
Betting margin
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Baseball
6.93%
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Basketball
6.64%
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Boxing
8.55%
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Cricket
6.27%
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Cybersport
6.64%
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Football
8.19%
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Handball
6.1%
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Hockey
6.3%
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MMA
8.07%
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Policy
6.3%
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Rugby
8.1%
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Tennis
6.8%
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Volleyball
6.89%
Overall betting margin: 7.1%
Loot.bet Mobile
Lootbet’s mobile version is arguably as good as the Desktop one. As usual, the betting platform as a whole looks slicker and much more compact when it comes to mobile betting. It is possible to contact support, make deposits and withdrawals from your phone as well.
Despite not having apps yet, Lootbet offers a great experience on its mobile website.
The downside appears as we noticed the bookmaker doesn’t have a developed betting app yet, impacting their rating in this section.
Loot.bet Usability
Loot.bet is a quite special bookmaker. The main reason why is that they are focused on eSports, making it highly attractive for those who are into it. Differently from other bookies, Philippine gamblers receive VIP treatment from Loot.bet, as they can view the betting site in Filipino language.
- Advantages
- Bonus code bonuses
- Free bet bonuses
- Philippines Payment Methods
- Limitations
- Weak Cura?ao License
The platform’s background colour is black, which is the ideal colour for eSports punters, who are majorly night owls. As we’re going to discuss further up, Loot.bet operates under a Cura?ao license.
Types of Bets
As we’ve been mentioning since the start of this loot bet review, this bookmaker’s major focus is on eSports, so that’s basically what you’ll come across when accessing their betting site.
Apart from the regular games you can bet on, there’s also some slot games where you can try out your luck. In case you’ve been looking for a traditional sports bookie, this is definitely not the one you’re looking after but don’t worry! We”ve got you covered as we have hundreds of articles on different bookmakers where you can find what you’re looking for.
Loot.bet Types of Bets:
Credibility
Usually, the first thing we look at when writing credibility sections is whether the bookmaker has a betting license to operate – and if yes, which one -, and we take a peek on online reviews written by real punters, besides scanning the whole platform, signing up for their sportsbooks, getting in touch with the support, and et cetera.
Lootbet operates under a Cura?ao island, which is not terrible, but it could be way better. While the most trustworthy ones are the likes of the MGA from Malta and the UKGC from the United Kingdom, you have minor licenses such as the Cura?ao one, where you don’t have the same security as a punter.
At the same time, while I was using my search engines to look Lootbet’s reputation up, I concluded that they have a good 4.0/5.0 overall rating on Trustpilot. The few complaints were mostly about slow withdrawals, which not always is only the bookie’s fault, as operations involve banks and other bureaucratic processes that can take extra time depending on where you’re located at.
After all, I guess Loot bet has potential to become a high-end bookmaker in the future if they keep on the good work and get a better license.
Payment Methods
Despite complaints on the average withdrawal time getting slower than usual, you have some Philippines specific payment methods, which skyrocket our ratings for them at this section.
Deposits
There are over 20 different payment methods for you to choose from but we’ll focus on four, which are local Philippines banks, global credit cards, Skrill, and DragonPay. The minimum deposit amount is €10, which converted into PH pesos would be something around 583 PH pesos.
Withdrawals
Same goes for withdrawals, always keeping in mind the potential aforementioned issues related to troublesome deadlines. Check out more details on our table below:
Amount | Time | Commission | Amount | Time | Commission | |
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€10-n/a | Instant | 0% | €10-n/a | Up to 1–3 days | 0% | |
€10-n/a | Instant | 0% | €10-n/a | Up to 24 hours | 0% |
Support
Lootbet’s support is one of the best ones I’ve ever met, especially their live chat services, where I got live answers without queuing, which is quite rare. They work on a 24/7 basis and besides live chat, you can get in touch via email at [email protected] and through telephone – +357-22-008790.
Check out our ratings for their support services:
Phone +35722008790 |
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Live chat |
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Competence | 5 / 5 | 5 / 5 | 5 / 5 |
Politeness | 5 / 5 | 5 / 5 | 5 / 5 |
Response Time | Up to 7 minutes | Up to 10 minutes | Instant |
Overall
It seems that we have a surprising Loot bet legit bookmaker right here. Loot bet gathers PH focused payment methods, besides providing a Filipino betting site, which takes the overall Philippine betting experience to the next level.
- Advantages
- Few online Complaints
- Skyrocket Odds
- Philippines Payment Methods
- Limitations
- No Lootbet app so far
Although they operate under a weak Cura?ao license, they’ve got minor complaints over slow withdrawal issues that are compensated when we look at the advantages we have with loot.bet.
Another downside would be the lack of a betting app, which can be upsetting until some extent but their mobile version is up to the task.