Pros
- Has a good choice of cryptocurrencies available
- An incredible range of bonuses and promotions
- Innovative and fun VIP program
- One of the best selections of sports on the market
Cons
- Low withdrawal limits for new players
- Responsible gaming options are limited
Powbet Key Facts
Welcome Bonus | Bonus Code | Casino Games | Live Games | Sports Markets | Live Betting | Payment Methods |
100% up to $100 | No bonus codes | Video slots, Roulette, Blackjack. Baccarat, Jackpot Games, Live Dealer Games | Yes | 35+ sports including Tennis, Soccer, NFL, MLB, NBA, NHL, Rugby, Volleyball, eSports, MMA, Boxing, and more | Yes | Bank cards, bank transfers, credit cards, Jeton, MiFinity, Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), Ripple (XRP), Bitcoin Cash (BCH), DAI (DAI), and USD Coin (USDC) |
Every aspect of Powbet has been the subject of thorough research in our review. Anyone looking for a new crypto sportsbook should read through our review to discover if it’s the most suitable site. Take a step into the unknown with our guide to Powbet!
What is Powbet Sportsbook?
Powbet is a crypto sportsbook and casino which provides players with a varied range of betting options. As a new betting site, trying to stand out from the crowd makes sense. As a result, players can see plenty of exciting features at Powbet. Bettors can enjoy the following betting options at Powbet:
- Sports Betting
- eSports Betting
- Virtual Sports Betting
- Live Casino Games
- Video Slots
- Table Games
There are plenty of bonuses and promotions at Powbet. What’s most impressive is how players can claim sports betting bonuses and casino bonuses. It’s often an aspect online sportsbooks ignore, with casino promotions far more prominent than sportsbook promotions. The VIP program for Powbet is also sports-centric, which adds an excellent bonus.
On the whole, Powbet is one of the most impressive new crypto sportsbooks to arrive on the market. Players can find many betting options, promotions, and crypto payment methods.
Available Games
There’s one of the most impressive game selections available at Powbet. Games come from more than 100 different software developers, making them a varied and high-quality selection. There is also an incredible range of sports to bet on. Some of the top sports are as follows:
- Soccer
- Tennis
- Table Tennis
- NBA
- NFL
- MLB
- NHL
- MMA
- Horse Racing
- eSports
- Virtual Sports
User experience
Powbet has one of the best sportsbook designs we have seen. Many sites use a convoluted, messy site design, which can be a detriment to betting. Powbet sportsbook doesn’t have this issue. The menu is easy to access, which ensures navigation is simple. Players can find all of the most important aspects at the top of the page and along the left-hand side.
Terms and conditions, FAQ, payment details, and customer support are all at the bottom of the page. It’s excellent for players who don’t want a battle to find what they need. The site is also optimized, so loading times are minimal.
Mobile App
Powbet doesn’t have a mobile app available to players. However, the mobile browser site is excellent. It has an optimized design, which ensures it’s simple to navigate. In addition, the loading times are fast, which makes it perfect for sports bettors using in-play betting. Nothing is missing from the site, so there’s no danger of missing out for mobile players.
Odds
Sportsbook's overround: 4,79%
Range of Bets
The market selection at Powbet is fantastic. Players can place wagers on the moneyline, prop bets, and create parlays here. Everything from Asian handicaps to over/under markets features at Powbet. Perfect for players who want to find value bets. There’s also live betting at Powbet sportsbook, which adds an extra layer to the range of bets.
Live betting
Live betting is available with Powbet. Almost every major event, and a significant proportion of lesser-known events, offer players the opportunity to use in-game betting. However, live streaming of events isn’t an option. So, while players can bet on games as they are taking place, they cannot watch the game simultaneously.
Limits
Powbet doesn’t have a specific maximum bet in place. It says in its terms and conditions maximum bets will vary between sports and events. However, there is a maximum of $100,000 profit per day. So, if players have already hit this barrier, they won’t be able to place any more bets. There’s a minimum bet of $0.50 for each event.
Powbet eSports
With eSports growing at an exceptional rate, it’s not surprising to see them available at Powbet. As well as individual events, Powbet sportsbook also has a range of eSports tournaments for bettors.
Tournaments
Powbet covers the biggest eSports tournaments, allowing fans to bet on their favorite gamers and games.
eNBA Tournaments
While the eNBA hasn’t hit the heights of the NBA yet, it is consistently growing. Players can pick the top players with the top teams, making it almost as exciting as the real thing.
eFIFA Tournaments
FIFA is perhaps the fastest-growing eSport. It’s seen high viewership levels, and betting on eFIFA tournaments has grown exponentially. It is interesting how professional soccer players play the game, with Diogo Jota showing skills almost on par with pro-FIFA players.
Overwatch
FPS games have long been the gold standard for online gaming. Overwatch gives players a team FPS at a fast pace. It’s one of the most exciting games; top tournaments bring in many bettors and viewers.
Counter-Strike – Global Offensive (CS: GO)
Counter-Strike is perhaps the quintessential online FPS. Originally a mod for Half-Life, Counter-Strike has become an entity all of its own. CS: GO is the franchise’s latest iteration, and it’s become a massively popular eSports tournament.
Dota 2
A 5v5 strategy game, Dota 2 is fast-paced and exciting. It makes it the perfect eSport for bettors who want action. Powbet makes betting on the top Dota 2 players and events simple.
Transactions
Withdrawal time: Instant
Players have many payment options at Powbet. Bank transfers, debit cards, e-wallets, and cryptocurrency are all options here. The crypto choice covers eight different cryptocurrencies for betting, which is a good selection. Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Tether, USD Coin, and Dai are the crypto options with Powbet Sportsbook.
Customer service
Customer service channels available: The customer service is one of the best at Powbet. Live chat is available 24/7, and there’s a choice of 13 languages! Perfect for players all around the world. Powbet also has an excellent FAQ, making it easy to get answers to questions instantly.
Privacy and security
Information required at signup: Email and phone number
Powbet has a license from the Government of Curacao. It’s fantastic to see a license in place, providing players with extra protection. All connections to Powbet sportsbook have encryption, so player data is useless if stolen by outside personnel.
Players may have to go through KYC with Powbet, which does remove some of the privacy available. However, it’s not a guarantee. Bettors should be aware it’s a possibility, especially if requesting a significant withdrawal. As a result, it’s crucial to have personal documents available to prove their identity when playing at Powbet.
Geo-targeting
Bettors in the following countries are geo-blocked by Powbet:
- Afghanistan
- Belarus
- Belgium
- Bulgaria
- Curaçao
- Cyprus
- Côte d'Ivoire
- Denmark
- Estonia
- Iran (Islamic Republic of)
- Iraq
- Israel
- Lithuania
- Malta
- Moldova (Republic of)
- Netherlands
- Romania
- Ukraine
- Russian Federation
- United Kingdom of Great Britain and Northern Ireland
- United States of America
Bonuses
Powbet has superb crypto sportbook bonuses and promotions.for sports bettors. Players can bet on sports and claim a bonus, unlike many other crypto betting sites. As a result, it ensures excellent options for sports bettors who want to boost their bankroll.
Welcome Bonus Offer
Sports bettors can claim a 100% matched bonus of up to $100 with Powbet. The bonus has a minimum deposit of $20 before players can claim it. It’s solely available on the first deposit players make, but as most crypto sportsbooks don’t offer a sports-centric welcome bonus, it’s positive to see it.
The wagering requirements are set at 6 times the bonus amount, although players located in Switzerland, Germany, Norway, Finland, and Austria only have 5 times the wagering requirements. All bets must have odds of at least 2.00 for single bets, and parlay bets must be made up of bets with odds of at least 1.50 to count toward the wagering. Bets, where players cash out, do not count toward wagering.
For players who find good value bets, the welcome bonus is excellent. The wagering is relatively low, especially if players place parlays. However, the 2.00 odds for single bets make it more difficult to find good value bets.
Players who use Neteller or Skrill cannot claim the welcome bonus at Powbet.
Existing Customer Promos
There are a lot of existing customer promotions with the Powbet sportsbook. The site regularly runs a rotating selection of promotions. An example of this is special offers on specific sporting events. So, a big Premier League match or an NFL playoff game could see a special promotion.
Powbet also gives players parlay boosts regularly. As a result, it means players can increase the potential payout of their bets, especially if they have found a parlay that offers excellent value.
There’s a 50% weekly reload bonus available at Powbet currently. It allows players to increase their bankroll regularly after claiming the initial welcome bonus. The wagering requirements for the reload bonus are 8 times the bonus amount, with the same constraints as the welcome bonus.
Powbet also runs regular tournaments. These can provide players with prizes of up to $4,500, which is a significant bankroll boost.
Loyalty Program
The loyalty program at Powbet is called the Power Squad. It has a link to sports with how Powbet has set it out, making it more fun than many other VIP programs. Players earn points, called Powbet Coins, which they can then spend on improving their 5-a-side team. The team can relate to many sports, so bettors can choose their favorite sport.
When teams get a power-up, players will earn free bets. The bets can be between $15 and $75, providing a lucrative reward.
Other Benefits of the Loyalty Program
As players increase their levels in the VIP scheme, they will also increase their maximum monthly withdrawal limit. In addition, players will also be able to get up to 15% cashback and a dedicated VIP manager. Powbet certainly has one of the most rewarding loyalty programs on the market, providing plenty of fun.
The more Powbet Coins players collect, the more chance they have of claiming the Mega Ball. When claiming the Mega Ball, players can win significant prizes on top of any betting profits.
Overall
How does Powbet compare to Sportsbet.io?
Powbet and Sportsbet.io are two crypto sportsbooks offering many betting options. Powbet, although a new site, offers sports, eSports, virtual sports betting, live casino games, video slots, and table games with a sports-centric VIP program and bonuses for sports and casino betting. While Powbet does not have a mobile app, its mobile browser site is optimized for easy navigation, accepts eight cryptocurrencies, and offers various payment options and 24/7 customer service in 13 languages.
Sportsbet.io provides one of the most comprehensive selections focusing on sports betting, including sports, eSports, virtual sports, video slots, table games, and live casino games. It has no welcome bonus for the casino, but the sportsbook offers a range of exciting promos for existing customers. Sportsbet.io also has a loyalty program called the Clubhouse, where players earn points for every bet they place, with a mobile app available and a wide range of eSports tournaments for bettors. Sportsbet.io is an excellent choice for eSports enthusiasts.
Overall, Powbet is a newer site with a lot of potentials, and it offers a wider range of payment options than Sportsbet.io. Meanwhile, Sportsbet.io has a more comprehensive selection of betting options, including a mobile app convenient for players.
How does Powbet compare to Thunderpick?
Powbet and Thunderpick are recently launched sportsbooks that cater to a diverse range of requirements. Powbet presents an impressive range of options, including live casino games, table games, video slots, virtual sports betting, esports betting, and sports betting. In contrast, Thunderpick is a rapidly expanding cryptocurrency sportsbook specializing primarily in esports while providing a fantastic selection of other sports and casino games.
In terms of security, Powbet is safe for players because it has a license from the government of Curacao and all connections are encrypted. The VIP program at Powbet is sports-centric and offers bonuses and promotions to sports bettors. Thunderpick is a secure platform because it offers SSL certification for its website and holds a license from Curacao. Thunderpick has a superb bonus selection for new players, offering two different first deposit bonuses and other promotions.
In conclusion, depending on the player’s needs, Powbet and Thunderpick offer different services. Powbet has various betting options, bonuses, and a VIP program primarily focused on sports. In contrast, Thunderpick specializes more in esports betting and has a great bonus selection. Players can choose a sportsbook based on their preferences and requirements.
Expert Conclusion
Powbet is an excellent crypto sportsbook. It provides players access to a massive selection of sports and markets, awesome casino games, and superb sports bonuses. The addition of sports bonuses is part of what makes Powbet so impressive. As many sites ignore sports bettors regarding promotions, it’s great to see Powbet taking a different stance. In addition, the crypto selection is excellent, which makes it a good choice for crypto bettors.
Overall, Powbet is a positive experience. The only real negatives are the low withdrawal limits and lackluster responsible gaming options. However, as players increase their VIP level, the withdrawal limits increase accordingly, which does provide a semblance of a solution to this issue.
Bettors looking for a high-quality sportsbook with superb casino options will find what they want with Powbet.