Pros
  • Live betting with extensive in-play options
  • Various payment methods
  • Cashback offers
  • Wide range of sports markets
Cons
  • No live streaming for most sports
  • Some users report slow withdrawal times
Sports disciplines
30+
Serie A Markets
500+
Average Payout (Football)
Single play limits
  • Minimum bet: 0.1€
  • Maximum win: 100 000€ *
System betting limits
  • Minimum per column: 0.04€
  • Minimum for system: 3
  • Maximum win: 100 000€ *
Betting features
  • Early payout
  • Live streaming
  • Accumulator boost
  • Bore draw
  • Bet builder
  • Cashout
  • Boosted odds
Casino Providers
  • Vibra gaming
  • Netgaming
  • Zillion
  • Pariplay
  • Red rake
  • Quickspin
  • Spinomenal
  • Ela games
  • Nolimit city
  • Pragmatic
  • Evolution
  • and more
Welcome Bonus
100% up to €100
Payments methods
  • Visa
  • Mastercard
  • Todito cash
  • Astropay
  • Bank transfer
  • Skrill
  • Ripple
  • Nordea
  • Postepay
  • Bitcoin
  • and more
Live Betting
Yes
Minimum deposit
€20
Mobile App
No
License
Curacao
Betting exchange
Yes
Special betting markets
  • Politics
  • TVshows
  • Esports
Currencies accepted
  • EUR
  • USD
  • CAD
  • CLP
  • PEN
  • NZD
  • BRL

Bankonbet Review

Bankonbet was established in 2022 by Rabidi N.V., the company behind over 30 other gaming platforms, including popular brands like WinGaga and Casino Infinity. It operates under a licence from the government of Curacao (8048/JAZ 2020-001) and is certified by eCOGRA, so it promises a fair, safe, and secure betting experience. It has quickly grown in popularity for its comprehensive array of bonuses, payment methods, and betting options that span across sports, events, and leagues. This guide explores its features in detail to help you determine if it’s a good sportsbook platform.

Registration Steps at Bankonbet

The registration process at Bankonbet is straightforward—it involves five quick steps:

  1. Open the website and click on the ‘Register’ button at the top right
  2. Choose a welcome bonus and move to the next step
  3. Enter your email, username, and password, then click ‘Next Step’
  4. Provide your name, birthday, and gender, then move to the next step
  5. Input your location and contact details, and click the ‘Completed’ button

After registration, you can use your credentials to log in using any device and start betting.

Responsible Gambling Features at Bankonbet

On its responsible gambling page, Bankonbet mentions its commitment to player safety and well-being, and the page contains the following elements:

  • Self-exclusion features
  • Tips on how to stay in control when gambling
  • A self-assessment test to help you determine if you have gambling problems
  • Links to gambling help organisations like GamCare and Gamblers Anonymous

While the effort is better than none, players need a comprehensive set of responsible gambling features to manage their habits effectively. Tools like reality checks, deposit, wager, loss, and session time limits would be good to see added in the future.

Bankonbet Casino Bonuses and Promotions

At Bankonbet, you have several bonuses and promotions that you can leverage to boost your bankroll and extend gameplay. The sections below discuss them in detail.

Welcome Bonus

New sports bettors at Bankonbet are treated to a modest offer of 100% up to a maximum of €100 on their first deposit. To claim it, deposit at least €20 and play through the full deposit amount 1x with odds of at least 1.50. After fulfilling the deposit wagering requirements, the bonus will be credited to your account instantly. To withdraw your bonus, wager the qualifying deposit and bonus amount at least 5x within 30 days. Note that the wagering requirements vary with location, so you should check the terms to be certain.

Cashback Bonus

All Bankonbet players can claim a 10% up to a max €500 refund on all weekly sports net losses on a Monday. To receive it, you need to:

  • Top up your balance during the week
  • Lose at least €200—the minimum cashback is €20
  • Request it by contacting the casino via live chat or email on the following Monday

Weekly Reload Bonus

All players at Bankonbet can claim a 50% bonus with a max of €500 with their 1st deposit for the week. The key terms and conditions of the offer include:

  • Deposit at least €20
  • Play through the full amount of the deposit 1x to claim it
  • You can only claim it once a week

To claim this sportsbook bonus, you need to contact the casino via live chat or email after completing the wagering requirements.

Other Bankonbet Promotions

In addition to the bonuses above, players at Bankonbet have access to the following:

  • Boosted Odds: Offers enhanced odds on some games and events.
  • Early Payout: Allows players to win once their team is ahead by a certain number of goals or points.
  • Accumulator Boost: Boosts players’ wins from 3–100% if they have accumulator bets consisting of at least three events on their betting slip.
  • Bore Draw: Refunds 100% of the stake if no goals are scored during the game.
  • Horse Racing Reload: Offers a 50% refund on losing stakes placed in any horse racing events on odds of 3.00 or higher.

VIP Program

Bankonbet has a 5-level loyalty program featuring these VIP rewards:

VIP Level Perks
1 €7,000 withdrawal limit per month
2 €10,000 withdrawal limit per month
3 5% cashback, €12,000 withdrawal limit per month
4 10% cashback, €15,000 withdrawal limit per month, personalised account management
5 15% cashback, €20,000 withdrawal limit per month, personalised account management

Unfortunately, the terms and conditions on the VIP program page don’t explain how one gets enrolled and how to level up, so it’s unclear what actions or criteria are needed to participate and progress within the program.

Tournaments

Bankonbet online casino regularly hosts tournaments to create a competitive environment that keeps things exciting. At the time of writing, it offered only one sports tournament—The Masters—that gives you a chance to win a share of the prize pool.

Bankonbet Payments Methods

There are a wide range of Bankonbet payment methods that include cards, e-wallets, bank transfers, and cryptocurrencies. You can complete secure transactions in a wide range of currencies that include: EUR, HUF, NOK, PLN, NZD, USD, BRL, CZK, and others. All deposits are instant and free, while withdrawals are processed in 1–3 days. The withdrawal limits vary with payment methods, but they range from €1,500—€5,000, which is quite low compared to competitors. However, you can raise your limit up to €20,000 per month by advancing to the top of the VIP tiers.

The table below summarises these details.

Payment Method Min–Max Deposit Min–Max Withdrawal Withdrawal Time
FunID €10–€2,000 €20–€1,500 1–3 days
VISA €10–€2,000 €10–€3,000 1–3 days
Mastercard €10–€2,000 €10–€3,000 1–3 days
Paysafecard €10–€1,000 n/a n/a
Bank Transfer €10–€5,000 €10–€5,000 1–3 days
Rapid Transfer €10–€5,000 €10–€5,000 1–3 days
Internet Banking €10–€5,000 n/a n/a
Skrill €10–€5,000 €10–€5,000 1–3 days
Skrill 1-Tap €10–€5,000 €10–€5,000 1–3 days
Neteller €10–€5,000 €10–€5,000 1–3 days
CashtoCode €10–€400 n/a n/a
Jeton €10–€5,000 €10–€5,000 1–3 days
MiFinity €10–€5,000 €10–€2,500 1–3 days
Bitcoin Cash €10–€5,000 €10–€5,000 1–3 days
Tether €10–€5,000 €10–€5,000 1–3 days
Bitcoin €30–€5,000 €40–€5,000 1–3 days
Litecoin €10–€5,000 €10–€5,000 1–3 days
Ethereum €10–€5,000 €10–€5,000 1–3 days
Ripple €10–€5,000 €10–€5,000 1–3 days
USD Coin €10–€5,000 €10–€5,000 1–3 days
DAI €10–€5,000 €10–€5,000 1–3 days

Note that the available withdrawal options vary with location. To check which methods are available in your region, click the ‘Payments’ button on the website footer and use the drop-down menu at the top of the payments page to choose your country.

Customer Support at Bankonbet

Bankonbet offers two customer support channels:

  • Live chat: For issues that need immediate, real-time resolution
  • Email: For issues that require more detailed responses

It also has an FAQ page with answers to common punter questions, but it isn’t very detailed, so you might have to use live chat or email support. If you use live chat, you will get your response in a few seconds or minutes, but with email, responses take several hours.

Betting Options at Bankonbet Sportsbook

Bankonbet offers an impressive range of betting options to cater to different player interests, and preferences. The sections below discuss them in detail.

Range of Sports

The Bankonbet sportsbook lobby has over 30 sports, ranging from popular ones like football and basketball to less mainstream options like lacrosse and Gaelic hurling.

Betting Markets

This online gambling site offers an impressive range of betting markets that includes both traditional and more complex markets like teasers, futures, and parlays. This flexibility gives sports bettors the freedom they need to explore different strategies and find the approach that suits them best. The Bankonbet sports markets vary with sport—popular sports like football have hundreds of markets while less mainstream sports have a few. For example, sports like lacrosse and Alpine skiing have only one market—Outright.

Odds Competitiveness

Bankonbet betting odds are competitive across a wide range of events and sports. Their in-house team of experts analyses the markets and uses their knowledge to offer the best possible odds to punters, with an average house margin of just over 5% on major sports. They are displayed in the decimal format by default, but you can switch to fractional or American format by scrolling to the bottom of the left sidebar and selecting your option.

Bankonbet Live Betting

The Bankonbet in-play betting section is extensive, offering thousands of in-play matches every month. Some of the available sports include:

  • Football
  • Tennis
  • Table tennis
  • Basketball
  • Ice hockey

You can place bets like match winner, next goal scorer, correct score, combined team totals, and many more depending on the sport, with many of these markets offering the useful cash-out feature to settle a bet early. The bookie has live streaming features, but they are only available for eSports betting. If you want to bet during the game in other sports, you’ll need to rely on other sources for real-time updates and information. For example, you can analyse the match odds as they change in real time.

Virtual Sports

Bankonbet has an impressive virtual sports section that offers games like:

  • Football
  • Basketball
  • Tennis
  • Table tennis
  • Baseball
  • Cricket
  • Horse, dog, and car racing

Virtual Bankonbet football betting is the most extensive—it has various leagues and numerous games to bet on, such as the Champions League, Bundesliga, and World Cup. It supports both in-play wagering and pre-match betting.

Mobile Bankonbet Experience

The platform doesn’t have a native Bankonbet app, so you can access the mobile site through your browser if you want to engage in mobile gaming and betting. The website is fully optimised for mobile though, so it loads quickly, runs smoothly, and provides access to all the Bankonbet sports bonuses, features, and betting options. The seamless access to all the functionalities of the desktop site means you can enjoy an uninterrupted Bankonbet sports betting experience from anywhere. The mobile site layout puts all the core features within reach, so it is just as easy to navigate as the desktop site. Whether you’re placing a bet, claiming a bonus, or exploring games, the mobile layout ensures a smooth and efficient experience.

Combined Bankonbet Features

Bankonbet has a parallel casino that is just as impressive as its sports offering. They share the same platform—you can switch between them in one click—but they don’t share any features apart from the wallet, VIP program, and the responsible gambling features. When you make a deposit, you can use it to wager in casino or sports games, and the wins will be credited to the same wallet. However, if you claim a bonus with your deposit, your deposit and bonus will be restricted to the section you choose—you won’t be able to use the funds interchangeably between the casino and sportsbook. All users, whether sports bettors or casino players, participate in the same VIP program. The rules are the same—earn points by being active and rise up the levels to receive exclusive perks and rewards. The other sports bonuses and Bankonbet casino promotions are unique to each section.

Bankonbet Trust and Reputation

Based on Bankonbet sportsbook reviews on reputable platforms like Trustpilot and Askgamblers, Bankonbet is not a trusted online casino—it is rated 1.8/5 on Trustpilot. The bookie has attracted numerous complaints that range from deposits and withdrawals to bonuses and customer support. One of the most common complaints is players being denied bonuses even after meeting the eligibility requirements.

Other common issues mentioned in Bankonbet reviews include:

  • Long casino payout speed
  • Deposits never reaching the account
  • Lack of transparency and consistency in the promotional terms

With such a poor reputation in the market, it’s difficult to trust that you’ll have a smooth or fair experience playing at Bankonbet.

Conclusion to Our Bankonbet Review

I found that Bankonbet has several features that make it a great betting destination—an intuitive website, a wide range of bonuses, and an impressive range of betting options. I was also impressed with its diverse payment options that allow players to use the methods most convenient to them. Despite these benefits, it doesn’t have the best reputation in the market. With that, I would recommend that you approach it carefully before committing your money.

FAQ

How competitive are Bankonbet’s betting odds?

Bankonbet offers competitive odds across a range of sports and events. The odds are displayed in decimal format by default, but you can change them to fractional or American formats through the settings.

How do I claim the cashback bonus?

To claim the 10% cashback bonus on weekly net losses, you need to top up your balance during the week and lose at least €200. Contact Bankonbet via live chat or email on Monday to request the cashback.

What responsible gambling tools does Bankonbet provide?

Bankonbet offers basic responsible gambling tools, including self-exclusion, tips for maintaining control, a self-assessment test, and links to support organizations like GamCare. However, features like deposit limits, wager limits, and reality checks are not currently available.

What payment methods does Bankonbet support?

Bankonbet supports various payment methods, including Visa, Mastercard, Skrill, Neteller, bank transfers, and cryptocurrencies like Bitcoin, Tether, and Ethereum. The available options and limits may vary depending on your location.

What sports betting bonuses are available at Bankonbet?

Bankonbet offers several bonuses for sports bettors, including a 100% welcome bonus up to €100, a 10% cashback bonus on weekly net losses, and a weekly reload bonus of 50% up to €500. They also provide boosted odds, accumulator boosts, early payout options, and bore draw refunds.

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