Updated
Librabet review
Advantages:
-
Huge Football Odds
-
No commissions on withdrawals
-
Over 40,000 events monthly
-
Live betting
Payment Methods:
Specifications
-
Bonuses & Promotions
-
Odds
-
Mobile
-
Usability
-
Types of Bets
-
Credibility
-
Payment Methods
-
Support
Bonuses & Promotions
If you’re a bonus lover, this sportsbook might be a good try. It is possible to find some running Librabet promotions including first deposit, and cashback bonuses. Sadly, there is no Librabet sign up offer in sports betting at the moment, but the aforementioned ones might grant you some lovely quid.
You can claim your 100% first deposit bonus as long as your initial deposit is of at least 20 EUR. The maximum amount Librabet grants you a 100% first bonus is of 100 EUR. Figures can be higher for punters from some European countries such as Germany, Switzerland, Austria, and Finland, as they can claim up to 200 EUR, as well as Canadians, who can claim up to 150 CAD.
Besides the aforementioned requirements, you also need to play through the full first deposit amount before claiming the 100% bonus, with odds no less than 1.50, or 3/2 in fractional format.
The cashback offered by this bookie is the standard 10% weekly, with €20 and €500 as their minimum and maximum amount respectively. This cashback is based on players’ weekly losses and depending on how much you wager on the site, they will refund 10% of it to you.
The only downside is that players must contact Librabet’s customer services in order to claim all the aforementioned bonuses, so keep that in mind when wagering with them.
Odds
Librabet odds for football are above the market average. In other sports, though, punters might be disappointed, as odds might be not so attractive.
The tennis betting margin, for example, is 7.5%, so if you’re a tennis enthusiast, that’s definitely not the place you’re looking for. Basketball, American Football, Baseball and other American sports have decent odds, ranging from 4.1 to 4.8%.
If you’re looking for juicy odds stick with football, though. Margins for top-tier European leagues may reach 2.9%, one of the highest in the whole market. That’s definitely one of the biggest pros of Librabet sports betting, and some football matches are definitely a must-bet.
Betting margin
-
Basketball
5.07%
-
Football
5.47%
-
Tennis
6.52%
-
Volleyball
7.99%
Overall betting margin: 6.3%
Mobile
Those who like mobile betting will be partially disappointed with this bookie. First of all, you can’t use the Librabet app, simply because it wasn’t developed yet. However, it’s believed that the bookmaker is already working on it by information we gathered when contacting the platform’s customer support.
I said partially in the beginning because you can still place your bets using the Librabet mobile version. The mobile version is responsive, runs smoothly and is really useful to bet on the go.
Mobile Browser
More
Opera Mini
More
Usability
Librabet bookmaker was founded back in 2018, and it’s an emerging power in the online betting market. Located in Cyprus, the young sportsbook counts on a modern-looking Librabet desktop site version, including 12 languages, so worldwide punters can enjoy the platform.
Advantages
Limitations
Betting site translated into 12 languages
Special Bets
Plenty of live betting markets
Responsive mobile version
Bad online reputation
It’s also possible to place your bets on the Librabet mobile site, which we will give more details further up in this article.
Types of Bets
On the Librabet betting site you can place both pre-match and live bets on about 40 thousand events per month, with football as the main one. Once you click the “Sports’ ‘ section at the top of the homepage, it’s possible to notice that Football almost always has 999+ games for you to lay your wagers on.
Punters can also bet on other sports such as Tennis, Basketball, American Football, Baseball, Ice Hockey, and even Darts. Unfortunately, Librabet doesn’t cover esports, nor horse racing, which is one of the most famous sports to bet on. However, they display a section of “Specials”, where you can find politics as well.
Sometimes, the sportsbook offers a Librabet free bet promotion, where you can place a bet for free, following certain rules.
Librabet Types of Bets:
Credibility
When it comes to a bookmaker’s credibility, lots of factors should be analysed, including licenses, holders and reputation amongst real bettors. The Librabet license was issued in Curacao Island. It was already expected, as young bookies usually find less strict terms and conditions to start operating there. Ideally, a top-tier bookmaker will count on European licenses too, which Librabet lacks.
The company behind this sportsbook is Araxio Development N.V., which is a relatively known company in the online betting industry.
We also checked the Librabet bookie’s reviews on Trustpilot, and their reputation there is ridiculously low, averaging 1.8 stars out of 5. More than half complaints made by real punters were related to hard times they had when dealing with their customer service team, which was considered rude, and also related to bonuses offered.
Popular countries for betting with LibraBet
Payment Methods
Deposit
Librabet offers a good array of safe and trustable deposit methods so that punters won’t lose their sleep over that. Librabet takes VISA and MasterCard credit cards, e-wallets, EcoPayz, and even Bitcoin and other Altcoins.
Bear in mind that some methods will take longer than others for the money to show up in your Librabet account.
Withdrawals
Punters also have plenty of options when it comes to withdrawing betting cash from Librabet. Also, the exact number of methods may vary according to your location. The best part is that every method is commission free, meaning you don’t pay any extra fees whatsoever.
When it comes to the Librabet withdrawal time, it may also depend on your chosen method, and it may take a while for your money to be transferred to your account.
We picked the main deposit methods and listed them alongside the Librabet minimum deposit and withdrawal amount and other useful info in a table below.
Amount | Time | Fees |
Amount | Time | Fees |
€10–€5,000 | Instant | 0% |
€10–€5,000 | Instant | 0% |
€10–€2,000 | Instant | 0% |
€10–€2,000 | Instant | 0% |
€10–€2,000 | Instant | 0% |
€10–€750 | Instant | 0% |
€10–€5,000 | Instant | 0% |
€10–€400 | Instant | 0% |
€10–€2,000 | Instant | 0% |
€10–€5,000 | Instant | 0% |
€10–€5,000 | Instant | 0% |
€10–€5,000 | Instant | 0% |
€10–€5,000 | Instant | 0% |
€10–€5,000 | Instant | 0% |
€10–€5,000 | Instant | 0% |
€10–€5,000 | Instant | 0% |
€10–€5,000 | Instant | 0% |
€10–€5,000 | Instant | 0% |
€10–€5,000 | Instant | 0% |
❌ | ❌ | ❌ |
€10–€5,000 | Up to 5-7 days | 0% |
❌ | ❌ | ❌ |
€10–€3,000 | Up to 1-3 days | 0% |
❌ | ❌ | ❌ |
❌ | ❌ | ❌ |
❌ | ❌ | ❌ |
❌ | ❌ | ❌ |
€20–€1,000 | Up to 24 hours | 0% |
€20–€1,000 | Up to 24 hours | 0% |
€10–€5,000 | Up to 24 hours | 0% |
€10–€5,000 | Up to 1 hour | 0% |
€10–€5,000 | Up to 1 hour | 0% |
€10–€5,000 | Up to 1 hour | 0% |
€10–€5,000 | Up to 1 hour | 0% |
€10–€5,000 | Up to 1 hour | 0% |
€10–€5,000 | Up to 1 hour | 0% |
€10–€5,000 | Up to 1 hour | 0% |
€10–€5,000 | Up to 1 hour | 0% |
Support
We contacted Librabet’s support team and we’ll sum up how it went. Firstly, you have basically three ways to get in touch to solve possible issues in the platform: Via telephone, via email, and via their live chat service.
In case you prefer solving things speaking rather than writing, the Librabet phone number is +35627780669 and you can apparently call them whenever you need. Another available Librabet contact is through their email address – support@librabet.com. My overall experience with them was good. Not exceptional though.
Perhaps, the best way to contact them is via the Librabet live chat. All you need to do is to go all the way down to the bottom of the homepage and click on “Contact Us”, as it will redirect you to a page containing more detailed info on how to contact them, with a big green “Live Chat” button, that you need to click on to get in touch with them.
Phone +35627780669 |
|
Live chat |
|
---|---|---|---|
Competence | 0 / 5 | 3 / 5 | 4 / 5 |
Politeness | 0 / 5 | 5 / 5 | 5 / 5 |
Response Time | n/a | Up to 6 hours | Up to 10 minutes |
Overall
Following a thorough analysis of Librabet sportsbook, we could highlight the stellar odds on football, decent bonuses, and a fair array of payment methods.
Unfortunately, Librabet reviews from real punters are a disaster as it stands. Complaints mention slow and rude customer service, whilst also criticising the bonus and promotions terms of the betting site, saying that these were violated and thus, bonuses weren’t given. On the other hand, the betting platform has been trying to rectify its reputation by answering complaints on time but that might not be enough.
- Advantages
- Higher than average football odds
- 100% first deposit bonus
- User-friendly website
- Plenty of sports to bet on
- Limitations
- Disastrous reputation
- No live streaming
The absence of both mobile applications and live streaming services are also other points to bear in mind.