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Coinbet24 sportsbook review
Overall Rating
35 %
Coinbet24 Overview
Coinbet24.com was founded in 2015 as a Bitcoin sportsbook but later expanded to offer an online casino and live dealer rooms.
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Play Responsibly
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Bitcoin
Bitcoin Cash
Other Recommended Sportsbooks
Editor’s View – Key Facts We Discovered About Coinbet24
- Multilingual betting site supporting 5+ languages including Arabic, Serbian and Chinese
- Most transactions are instant with zero platform fees
- Offered a narrow range of sports with no eSports and virtuals
- Average sportsbetting odds with an overround slightly over 5%
- No responsible gambling tools, only a link to GamCare
The website claims to be licensed with Curacao Gaming Board under master license number 365/JAZ. The sportsbook section featured markets for popular sports including soccer, rugby, tennis and basketball, while the casino offered slots, table games, video poker, poker, and dice games, with a separate live casino section. Sports bettors could participate in live betting too. There were no eSports on the website. I also failed to find a downloadable mobile app, but the website was mobile-friendly and functioned well on all devices. The minimum deposit varied depending on the payment method, ranging from $10 to $20, or 0.001 BTC for Bitcoin deposits. The website didn’t state any maximum deposit and withdrawal limits. For sportsbook wagers, the minimum bet was either $0.50 or 0.0005 BTC.
I found out that Coinbet24 offered a 100% matched bonus up to 1 BTC, but it only applied for casino games. The sports promos weren’t very enticing. For example, the ‘Missed completely’ bonus only kicked in if you lost at least 5 matches with minimum odds of 2.10 each. Let’s be honest, no one bets to lose, so that’s not really motivating. In my assessment, the Coinbet24 site was straightforward and user-friendly. The layout was intuitive, ensuring that users could find what they needed with ease. That said, the interface felt a bit on the amateur side.
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Pros
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Bitcoin-friendly
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Offers live betting
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Cons
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Live chat not 24/7
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Slow customer support
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Limited payment options
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No responsible gambling tools
License and Security – Is Coinbet24 Safe & Legit?
Talking about security, Coinbet24 sportsbook used SSL to encrypt all communications, which helped keeping users safe from hackers and DDOS attacks. Plus, they employed 2FA for extra login security, which I liked. But here’s the kicker – even though they claimed to be regulated by the Curacao gaming authority and shared their licensing details, I found out the license had expired. So, technically, they were not legit, which was a big safety concern.
Reputation – What do Coinbet24 Player Reviews Say?
TrustPilot is my usual stop for player reviews, but there wasn’t a review page for Coin24. So, I checked out other places. Here’s what players had to say on various platforms.
Mkp- Bittrust.org – 4 Star Rating
I have just tried betting with Coinbet24 and everything went smoothly. Quick registration. Instant deposits. Easy site to navigate and a lot of markets to bet on!
Nauro – BitcoinTalk
Huge bonus by Coinbet to play casino online with bitcoins. Great.
Ivoi – BitcoinTalk
I have not received the money I released for withdraw 19.05 2017, I wrote an email I have no answer.
Based on these sample reviews and additional feedback I reviewed, Coinbet generally enjoyed a positive reputation among players. There were a few complaints regarding payment issues and occasionally slow customer support. Some players mentioned they’d have loved to see an eSports section added.
Why Did I Give Coinbet24 Crypto Sportsbook a Rating of 3.3?
I gave Coinbet24 a solid 3.3/5 rating, considering several factors like trust, fairness, game selection, bonuses, payout speed, and customer support. The sportsbook offered a decent variety of sports, including both pre-match and live betting, but it was a bit limited without eSports and virtuals. Payment speeds were generally quick thanks to automated cashout approvals. In terms of bonuses, the ‘Missed Completely’ promo wasn’t very impressive. Plus, the expired license unfortunately knocked down Coinbet24’s rating in terms of trust and fairness.
It appears my Rating Aligns with Several Review websites.
It’s interesting to see that my rating for Coinbet24 matched up with other reviews out there. Casino Guru gave it a 2.5 out of 5, and Crypto Maniaks rated it 3.8. This alignment shows that my review was on par with the general consensus among players and experts.
My Final Verdict – Do I Recommend Betting at Coinbet24?
Coinbet24 has placed sportsbetting on hold until further notice, so I cannot recommend it. Even if it was still running, my decision would not waiver. I prefer a comprehensive sportsbook that includes major sports, minor sports such as darts, and eSports, but Coinbet did not meet these expectations. Plus, their live chat wasn’t available around the clock and took ages to connect, which is a major turn-off. Most importantly, the bookmaker’s license had expired, raising serious concerns about their compliance and reliability. It is perplexing how a company can overlook such a fundamental aspect of its operation. Whether it was oversight or ignorance, it wasn’t a good sign. I wouldn’t trust it with my money. Instead, choose our recommended crypto sportsbooks below.
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A pro gambling writer since 2015, immersed in the world of crypto since 2016. I've built up a wealth of knowledge and experience in both crypto gambling and crypto betting, making me one of the most prominent voices in the industry as my high-quality reviews have been featured on prominent gaming platforms, making me a trusted authority in the field.
Nationality
British
Lives In
England
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Facts Checked by Nakul Shah