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IviBet sportsbook review
Overall Rating
73 %
Ivibet Overview
Ivibet Sportsbook is owned and operated by TechOperations Group B.V. It first allowed players in 2022, so doesn’t have the experience of other sites.
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Play Responsibly
Editor’s View – Key Facts We Discovered About IviBet
I noticed a few important things about IviBet during my sportsbook review. A quick check of these will help you to decide if this site is what you’re looking for:
- There are over 25 sports to bet on
- The sportsbook offers countless eSports markets across over 6 eSports
- It is mobile-friendly, with support for most devices
- It supports 20 different languages
- Live chat is available for members and non-members
- New players and loyal players can collect all kinds of bonuses and promotions
It provides access to multiple sports, eSports, and crypto payments. However, our Ivibet review didn’t find details of a regulatory license, which is a minor downside.
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Pros
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Smartly designed
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Wide selection of bets
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Great customer support
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Accepts fiat and crypto payment methods
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Cons
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No official gambling license
My User Experience on Mobile App and Website
IviBet has a very clean-cut, simplistic, and smartly designed layout that provides exactly what I’m looking for in a sportsbook. That’s true for both the mobile and desktop versions. After being in this business for well over a decade, I feel like I’ve used every sportsbook going. Oftentimes, I find myself either overwhelmed or underwhelmed by the layout. But that wasn’t the case here.
I didn’t have to resize windows to see sliders and I didn’t have any issues finding the sports or betting markets I wanted. If you’re here to bet and enjoy yourself, that’s all you can ask for.
My Registration Experience with IviBet—Step-by-Step Sign-Up Guide
Here’s how to register for an IviBet account;
- Click the orange “Sign Up” button
- Ensure a bonus is selected
- Enter your phone number, email, and password
- Confirm your email address via the link in the registration email
- Visit the “deposit” section by clicking the orange button in the top corner
- Choose your preferred payment option
- Check the terms of the welcome bonus
IviBet accepts both fiat options (Skrill, Neteller, Visa, Mastercard, etc.) and cryptocurrencies (Bitcoin, Ethereum, Tether, etc.). If it is your first deposit with the site, you’ll be asked to enter and confirm your contact details before proceeding.
You must wager your deposit at least once before you withdraw, and this climbs to three times for casino games.
PayPal is not accepted, which is a shame, but Skrill and Neteller provide a great alternative. There are no fees, and you’ll need to verify your details before initiating a withdrawal.
How Was My Deposit Process?
Funding my account was quite straightforward on IviBet. Here are the steps I took:
- Click the orange “Deposit” icon in the top right
- Choose a payment option, opting for “Credit Cards”, “Vouchers”, “E-Wallets”, or “Credit Cards”
- Enter your full name and date of birth on the proceeding pop-up
- Enter your full address, and then click “Save”
- Input the amount you wish to deposit
- Confirm the payment
- Wait for the funds to land in your account. It should only take a few seconds
My Experience with Withdrawing Winnings at IviBet
As with the deposit process, withdrawals were easy. Here’s what you need.
- Verify your account. This should happen when you make your initial deposit
- Click the little avatar in the top corner
- Select the “Withdrawal” option from the drop-down list
- Enter the amount that you wish to withdraw
- Check the amount is correct and then confirm your withdrawal
- The funds should land in your account within minutes, but the exact timeframe varies by payment method
Betting Market—Over 25 Sports
I’m writing this review on a Monday night, yet IviBet still has 1,320 active betting markets, 56 of which are live. It gives you an indication of just how many sports and markets are covered.
Along with the usual selection of soccer, rugby, cricket, athletics, and racing markets, there are a few unique selections:
- Specials: Politics and TV awards
- eSoccer: GT League, Eadriatic League, and other events
- FPS Betting: Including Counter-Strike and Overwatch
- Gaelic Sports: Both Gaelic football and hurling
Even if I include all eSport markets as one (and that would be unfair considering how extensive each of these markets are) there are still over 25 sports on IviBet.
Odds
Odds are displayed in a decimal format by default, but you can change this in the “Preferences” section of your account, with six different options. The odds themselves are very competitive. I compared IviBet to a few top sportsbooks and it had comparable or better odds for the favorites every time, with equal or lower odds for outsiders.
Range of Bets
Win bets, over/unders, correct scores, handicaps—IviBet has all of these and more. You can place single bets or stack them up in a multiple. I tried a few small accumulator bets myself. Simply add the wagers to your slip and then check the “Multi Bet” tab. The tab next to the bet slip will show you all active wagers.
Live Betting and Streaming
One of the things I loved about this site is that I didn’t need to have money in my account or an active bet to watch live streams, and there are a lot of them available. It also has a wide selection of live betting markets, so I could follow the action as I wagered on everything from the final result to the next points.
This is also where the simplicity of the layout is beneficial, as I wasn’t left scrambling to find the right market and bet as I tried to wager on a live game.
Football is the most commonly live streamed sport, but there are also find plenty of basketball and tennis streams.
Limits
The most you can withdraw on IviBet is €4,000 per day, €16,000 per week, or €50,000 per month. These limits also apply to cryptocurrencies, in which case you just need to check the current exchange rate. The minimum deposits and withdrawals vary greatly depending on the payment method.
The minimum wager per bet is €0.10. The maximum payouts are €100,000 per bet, €250,000 per day, and €500,000 per week.
IviBet Esports
Games – Over 6 Esports
eSports are some of the best-represented markets on IviBet. Every single sport has a long list of upcoming or active markets, as well as scores of betting options for each. The biggest ones include:
- eSoccer
- Dota
- League of Legends
- Counter-Strike
- Valorant
- Overwatch
Tournaments
IviBet covers all major tournaments, including big-money tournaments in games like League of Legends, Overwatch, FIFA, Counter-Strike, and Dota (Dream League, Pro Leagues, Overwatch Champions Series, GT Leagues). These are listed in the sidebar. I didn’t have any issues finding them, and on the one occasion I needed something specific, I just used the search bar.
Odds
As with the site’s other markets, eSports come with highly competitive odds. I found some fantastic prices for outright markets in particular, but they always seem to price the favorites generously.
Live Betting and Streaming
All eSports have live betting markets on IviBet. They are updated quickly as well, so there should be no frustrating suspensions as you wait to place a bet. Live streams aren’t as common as they are for soccer and tennis, but there are still enough to make things interesting. Match reports and analytics are available, too, if you can’t find a stream.
Bonuses & Promotions
Sign Up Bonus
Description: New players receive 100% of their first deposit up to $200 as a risk-free bet
How it Works:
- Sign up as a new bettor
- Deposit at least $10
- Get 100% of your payment up to $200 as a risk-free bet
My Experience: I enjoyed this welcome bonus since it’s risk-free, meaning I didn’t have to meet a playthrough. All I did was to use the free bet on odds between 1.3 and 5, and I got withdrawal winnings when my slip won.
Forecast
Description: Bettors make predictions on 10 games and get up to a $1,000 free bet if correct.
How it Works:
- Deposit $20 or more in the previous 5 days
- Predict the outcome of 10 featured sports events
- Get 8 to 10 predictions correctly and receive a $50 to $1,000 free bet (8 gets you $5, 9 gets you $100, and 10 gets you $1,000)
My Experience: This promotion was pretty straightforward since it required only $20 over the past 5 days. I usually meet this benchmark, but I wasn’t lucky enough to get up to 8 predictions correctly.
Bettors Tournament
Description: Bettors compete on leaderboards to win a share of a $6,000 prize pool.
How it Works:
- Place bets all week and score points
- Accumulate points and climb the leaderboard
- Finish among the top players at the end of the tournament and get a share of the prize pool
My Experience: This promotion will require constant betting all week to beat other users. I went for it once and finished in 15th position, and the free bet I received lasted for 3 days.
IviBet live chat isn’t exclusive to paid-up members, as seems to be the case with many new casinos and sportsbooks. The little message icon popped onto the bottom corner of the screen as soon as I visited the site. I tried it before joining, half expecting to be asked for my username, and I was connected in seconds. It only asked for my name and email, and as I made a mistake entering the latter and still connected, even these weren’t important.
First, I was connected to an AI chatbot. These rapid-fire virtual support agents are basically just copy-paste bots that gave me information from the FAQ. It wasn’t very helpful, and I expect it might be a little frustrating if you have a valid issue and need human assistance.
But if you persist, as I did, you’ll eventually see an option to connect with a human. It connected me within five seconds, so no arguments from me! Email support is available if you want something a little less direct (support@IviBet.com), and the “Contact Us” link in the footer takes you to a contact form. They responded to my queries within two hours when using these two options.
License and Security—Is IviBet Safe & Legit?
Everywhere I looked, I found IviBet reviews stating that it didn’t have a gambling license. But I also found a few that mentioned a license from the authorities of Curaçao. There was no license linked in the website’s footer, and I couldn’t find anything on the Curaçao eGaming site either.
Then I saw this on the IviBet homepage:
We have a license issued by the Government of Curaçao.
Naturally, I opened a live chat and asked. They told me that the company was incorporated in Costa Rica and gave me the company ID (which is displayed in the footer). I repeated that I was looking for the Curaçao license, and they repeated their reply. When I pushed, they eventually told me to email them as that information wasn’t available through live chat.
So I did, only to be told again that IviBet was incorporated in Costa Rica. The support ticket was then closed.
I am not sure if this was a misunderstanding or not, but I can only review what I see, and what I see is an unlicensed site.
It’s still secure. It has a good reputation, and it works with licensed software providers and iGaming developers. If it does indeed have a license and I just missed it, even better. As things stand, though, it appears that the homepage statement is incorrect.
Reputation – What do IviBet Player Reviews Say?
I scoured a few gambling forums for info on IviBet and found only a few mentions. Most of them were positive. Professional reviewers seem to have pretty much the same opinion of the site as I do, while Trustpilot reviews are average.
It holds a 2.5/5 rating over on Trustpilot. That might not sound too great, but it’s important to read between the lines with these things. After all, Apple is one of the biggest and best-loved brands in the world, and its score is just 1.9.
If you look at the negative reviews, you’ll see that many complain about bonuses. We’ve all been in a position where we’ve misread bonus terms, not realized, and then been annoyed when the bonus wasn’t released. Those terms exist for a reason, and few sites will ignore them if you make a mistake.
For me, the most important takeaway is that IviBet has responded to around two-thirds of all negative reviews, suggesting that it is keen to remedy issues. The responses are also polite and professional.
Restricted Countries
Albania, Angola, Australia, Barbados, Belarus, Belgium, Burkina Faso, Cayman Islands, Central African Republic, Congo, Haiti, Iran, Iraq, Côte d’Ivoire, Curacao, Dutch West Indies, Eritrea, Estonia, Ethiopia, Lithuania, Mali, Malta, Martinique, Mauritius, Mayotte, French Guiana, French Polynesia, Gibraltar, Guadeloupe, Israel, Jamaica, Yemen, Zimbabwe, Luxembourg, Liechtenstein, Iceland, Jersey, Latvia, Lebanon, Liberia, Libya, Myanmar, Rwanda, Sierra Leone, Somalia, South Sudan, St. Martin, Sudan, Syria, Netherlands, New Caledonia, Nicaragua, North Korea, Pakistan, Democratic People’s Republic of Korea, Réunion, Turkey, Uganda, Ukraine, UAE, UK, USA, Wallis and Futuna.
IviBet Commitment to Responsible Gambling
IviBet covers all bases when it comes to responsible gambling. I was able to set deposit limits on fiat payment methods, and there are some helpful links, as well as a full bet history to check all previous deposits and wagers. The only downside is that I couldn’t activate a self-exclusion from my account. For this, I was told to contact live chat. Still, they are responsive enough for that not to be an issue.
Did I Have any Problems Playing on IviBet?
I didn’t have any issues signing up, depositing, placing bets, or anything else of the sort. It was flawless. I did, however, have a hard time finding the site’s license and communicating that to the customer support team. As explained above, this wasn’t a massive issue, but it was frustrating. At least they were quick to respond, though.
How Does This Crypto Sportsbook Stand Out From Competitors?
The sheer scale of the betting options, along with the great odds, are what helps IviBet to stand out. It also has one of the best eSports selections that I have seen in recent memory, not to mention some great live streams that all members can watch.
Why Did I Give IviBet Sportsbook a Rating of 3.9?
After accounting for IviBet’s great bet selection, fast customer support, excellent navigation, competitive odds, and payout speed, I feel a 3.9 is fair. It would have been much higher if not for the unanswered questions concerning its license, or lack thereof.
My review seems to align with what others are saying, as many seem largely happy with what the site has to offer but are concerned about licensing and other factors.
My Final Verdict – Do I Recommend Betting at this Sportsbook?
I definitely recommend betting at IviBet. It clearly has a lot to offer and will do particularly well among follows of eSports. It’s hard to get passed the licensing issue, though. I would have loved some clarity on that, but I didn’t get it, and the result is that IviBet scores much lower than it could have done.
Is Ivibet safe and legit?
Yes, it is owned by a registered and reputable company and uses certified gaming developers.
How long does it take to withdraw money from Ivibet?
It can take anywhere from a few hours to several days, depending on the payment method.
What is Ivibet?
IviBet is a sportsbook and casino owned by a company based in Costa Rica.
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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 Maryam Jinadu