Powbet sportsbook review

Editor’s View – Key Facts I Discovered About PowBet

PowBet is a high-quality platform that capitalizes on the growing interest in crypto-based gambling. Upon a closer inspection of the site, I found plenty of interesting information that tells you what these guys are all about:

• Coverage of 35+ sports
• Many crypto payments like Bitcoin, Ripple, Ethereum, and Litecoin are available
• $150 welcome bonus for newcomers
• Additional casino available after registering
• Very high win limits – up to $100,000 per day

My User Experience on the Mobile App and Website

As is quite common with cryptocurrency betting sites, there isn’t a mobile app for the PowBet Sportsbook. This means I had to visit the site on my smartphone for flexible access, and the mobile site didn’t disappoint. The mobile platform contains the same diverse range of markets, and popular bets are always shown as trending wagers. This helps guide the betting choices if you ever get stuck, and I liked that you can search for individual events.

Lastly, the general user experience is excellent, adding to the comprehensive coverage of sports. The design is slick with a simple layout, and there are more than enough menu tabs to find your way around without hassle.

My Registration Experience with PowBet—Step-by-Step Sign-Up Guide

After browsing the PowBet Sportsbook for a fair length of time, I decided to register for an account. Upon hitting the “Sign-Up” button, I was taken to a page where I could choose my sports welcome bonus before proceeding. After that, it was a quick case of entering my email and creating a password, and that was pretty much it.

To break things down and make this process crystal clear, let me confirm the steps required:

1. Head to PowBet and select “Play Now”
2. Choose your welcome bonus (4 different tabs)
3. Create your account details and complete the process
4. Sign in and verify your details for unrestricted access

This last step isn’t required at the very beginning. If you don’t verify your details further down the line, you could experience withdrawal delays or account limitations.

As I’ve referenced earlier, one of the competitive advantages of using PowBet Sportsbook is that it supports cryptos for deposits and withdrawals. That said, the deposit and withdrawal options vary considerably from country to country. On the whole, popular crypto methods like Bitcoin, Litecoin, Ethereum, and Ripple can be used no matter where you are.

Most transactions come with $10 limits, meaning you don’t need a stack of cash to seamlessly put funds in or take them out of your PowBet Sportsbook account. Thankfully, PowBet doesn’t hit you with any annoying transaction fees.

How Was My Deposit Process?

After signing up with PowBet and verifying your details, you’re in the perfect position to process your first deposit. In my experience, since I chose the sportsbook welcome bonus when registering, I knew I had to deposit more than $30 to secure my 100% match. Therefore, I opted for Bitcoin and deposited $100, and my bonus was right there in my account (subject to the 5x wagering terms).

This was surprisingly simple, and the transaction was processed almost instantaneously. As for the exact steps you must follow, here they are:

1. Open your “Account Balance” page
2. Choose “Deposits” for the transaction options
3. Pick your preferred deposit method
4. Enter a value and process the transaction

How Did I Place a Bet on PowBet?

Before making any sports wagers, you need funds in your account. Assuming you’ve followed the steps identified above and made a deposit, you can follow these steps to make a wager:

1. Choose a sport from the list
2. Find an event in your chosen sporting section
3. Tap the desired market to add it to the bet slip
4. Enter the wager value and place a bet

Those are the exact steps I followed to make a moneyline wager on a European soccer match. However, these steps are standardized whether you make live bets, futures wagers, or other bets with PowBet.

My Experience With Withdrawing Winnings at PowBet

The bit that most punters get excited about is finally here. Of course, I’m referencing the withdrawal process at PowBet, which is as simple as the deposit process. That said, since there are many benefits behind crypto withdrawals, I went with Bitcoin once again to process my withdrawal.

With quick processing speeds and zero fees from PowBet, I figured this was the best option, and it turned out to be a smooth experience. As for the precise steps, here’s what I did to get this withdrawal requested and approved:

1. Select “Withdraw” from the banking section
2. Pick one of the listed withdrawal options
3. Enter the value of cash you want to withdraw
4. Double-check your wallet address and withdraw funds

You will receive email confirmation of your request, and your funds should arrive soon after approval.

Betting Market – Over 35 Sports

PowBet offers betting markets for more than 35 sports. This is a huge range, and the site offers particularly great soccer, baseball, basketball, and football offerings. These are all listed under “Top Leagues”, and individual events for these sports often come with 1000+ markets!

Odds

Tight margins are the clear target at PowBet, and I say this in a good way. Payouts float in the 94-96% range for top sporting events and leagues, meaning you’re getting great value on your wagers.

Range of Bets

In my opinion, the range of bets is one of the best things about the PowBet Sportsbook. I found some events with over 2000 soccer markets, which is just out of this world. Of course, such depth isn’t available for all sports, but this clearly shows the intentions of PowBet to give you the biggest selection possible.

Live Betting and Streaming

Live betting is usually part of the offerings for all sports, and there’s a constant schedule of events running on the PowBet site. As for streaming, you won’t find this option for real-life sporting events. However, PowBet has recently begun to roll out streaming services for eSports events.

Betting Bonuses and Promotions

If you select the sports betting welcome bonus during registration, here’s what you can expect from PowBet:

• 100% deposit bonus up to $100 – 5x rollover (valid for 30 days)

This is an appealing welcome offer, of course, but the range of reloads at PowBet shows even more value:

• Early payout – 2 goals ahead in soccer
• Accumulator boost – up to 100% profit boost
• Bore draw – 100% refund for a 0-0 draw in soccer
• Enhanced odds – price boosts for numerous markets
• Weekly reload bonus – 50% deposit bonus up to $750 each week
• Cashback – 10% cashback up to $150 for losing bets
• Bet builder insurance – $30 free bet if one leg lets you down on your accumulator wager

If these incentives aren’t enough, there’s even a “Power Squad” loyalty program. Essentially, you accumulate PowBet Coins within this program. When your assigned squad receives a power up, you can receive free bets for upcoming events.

Limits

The minimum wager allowed for sports betting here is $0.50, and you can win as much as $100,000 in a single bet, which is huge! Remember, you can establish your own limits for deposits and wagers, too.

PowBet Esports

Games – Over 10 Esports

The eSports offerings at PowBet are some of the most diverse of all. With 10+ eSports leagues covering Dota 2, Counter-Strike, League of Legends, and plenty of others, there’s much action to bet on here.

Tournaments

PowBet Sportsbook covers high-profile eSports games, which means it covers major tournaments around the globe. In particular, you can expect the markets to go wild when the world championships come around for games like Dota 2 and League of Legends.

Odds

For both pre-match and live betting markets, I found the odds for eSports pretty decent. Interestingly, the odds are very good for some of the virtual sports covered at PowBet, particularly tennis and soccer.

Live Betting and Streaming

In-play betting is always available for eSports events. As mentioned earlier, streaming is now possible for some of the larger eSports tournaments, too. That said, streaming is always part of the package for virtual sports events.

Betting Bonuses and Promotions

While there aren’t any tailored bonuses for eSports at PowBet, you can snap up the promotions listed within the sportsbook and apply them to eSports betting.

Limits

The exact same limits apply to eSports betting, which I’ve seen with regular sports betting. As a reminder, these include $0.50 bet minimums and $100,000 daily winnings caps.

I loved to see the 24/7 label under the customer support link at the PowBet Sportsbook. This was immediately comforting, and I found that the site has both live chat and email options. With the direct communication that live chat provides, I contacted the team this way, and they were very helpful. As for the alternative methods, let me give you the details:

• Email: support@powbet.com
• Phone: N/A

I am confident that PowBet is legitimate and safe because it is owned by a registered company (Rabidi N.V.) and holds a Curaçao license. Additionally, it uses SSL encryption from Let’s Encrypt, a prominent security firm in this space.

Restricted Countries

It would be unrealistic to expect PowBet to be available everywhere. Even the biggest names in the sports betting game don’t boast such a reach. Therefore, if you’re wondering whether you can access PowBet from where you are right now, let me highlight the restricted nations:

• Afghanistan
• Anguilla
• Belarus
• Belgium
• Belize
• Bulgaria
• Cyprus
• Denmark
• Estonia
• France
• Guadeloupe
• Iran
• Iraq
• Israel
• Ivory Coast
• Lithuania
• Martinique
• Mayotte
• Moldova
• Montserrat
• Netherlands
• Portugal
• Puerto Rico
• Romania
• Russia
• Spain
• Sweden
• UK
• USA
• Ukraine

Reputation – What Do PowBet Player Reviews Say?

I was surprised to see that PowBet has a 1.9/5 rating on Trustpilot. In total, 84% of the reviews gave PowBet a 1-star rating, while only 12% gave this site 5 stars. Players seem to quote restrictions on betting limits after a few wins and slow withdrawals, but this wasn’t my experience with the PowBet site.

PowBet Commitment to Responsible Gambling

PowBet offers clear links to responsible gambling resources, which shows they take your gambling habits seriously. These include GamCare and two other resources. Yet, for a broader commitment from this platform, I would like to see a little more than self-exclusion requests and deposit restrictions.

Did I Have any Problems Playing at PowBet?

Contrary to some of the reviews I’ve seen, I didn’t face any wager restrictions or experience slow withdrawals. In fact, I’d consider PowBet rather proactive in helping me have the best experience possible.

Why Did I Give PowBet Crypto Sportsbook a Rating of 4.9?

Having assessed areas like banking, customer support, promotions, and the sportsbook (of course), I’ve landed on a score of 4.9/5. The site is so committed to user-friendly payments, quality betting offerings, and competitive odds that I find the 1.9/5 Trustpilot rating a little hard to believe!

My Final Verdict—Do I Recommend Betting at PowBet?

To conclude, this is one of the most exciting sportsbooks I’ve enjoyed reviewing recently. Its scale, diversity, and creativity for all things sports betting are tough to comprehend—in a good way. And since I have this impression, I happily suggest that you register with PowBet for a quality experience.