- Welcome Offer
- Esports + Virtual Sports
- Numerous Sports Promotions
- 5x wagering on straight deposits
- More than one bank transfer withdrawal per month results in a transaction fee. Minimum withdrawal for this method is also very high
- Multiple withdrawals within a 30-day period will incur a fee despite the payment method used
1Bet Sportsbook Review
Operated by Bellona N.V., 1Bet launched its online sportsbook in 2011. The European market is the focus but you’ll find betting options for American football. Virtual sports and Esports are also available in addition to live betting. The site supports multiple languages – 20+ to be precise. On the surface, everything looks pretty standard, but let’s take an in-depth look at the terms and conditions as this is where the secrets are uncovered.
Placing your Bets
Available sports include football, tennis, basketball, table tennis, horse racing, greyhounds, baseball, volleyball, darts, rugby league, rugby union, snooker, boxing, mixed martial arts, American football, cricket, handball, motorsports, golf, badminton, cycling, winter sports and speedway. If you’re in search of esports and virtual sports, look no further. The selection includes StarCraft II, Dota 2 and King of Glory to name a few.
Restricted countries list: Australia, Bulgaria, France and its Territories, Israel, The Netherlands and its Territories, the United Kingdom and its Territories, the United States and its Territories. Keep in mind that a separate list of countries is prohibited from certain casino games.
Moving on to the T&Cs, we’d like to point out the following: “1BET reserves the right to close or terminate a customer's account, and refund or withhold a balance from that account without further explanation to the customer if foul play has been suspected.” The concern is the vagueness and power they hold to deny player winnings.
Bank Transfer is a commonly used withdrawal method, however, players are limited to one free transfer per month. Additional requests are subject to a fee. Also, note the high minimum associated with this banking method. In fact, conducting more than one withdrawal per month, despite the payment method, will result in a fee.
All deposits are subject to a 5x playthrough. A 1x wagering requirement is typical with straight deposits to prevent money laundering, but 5x is outrageous! Alternatively, they reserve the right to slap you with yet another fee instead of denying the request.
1Bet offers a loyalty program and membership is granted upon official invitation. As with most things, the terms leave room to cancel your membership at its sole discretion.
Don’t let the esports, promotions and loyalty program fool you. Take a closer look at the fine print and you’ll discover many loopholes in favor of 1Bet. The fees on multiple withdrawals discourage cashouts and we’re not confident they wouldn’t find a reason to deny your request anyway based on the references to ‘sole discretion' and ‘without further explanation’. There are many online bookies with reasonable T&Cs available to the European betting market and this is NOT one of them.
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