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Lvbet review

8.4/10

Advantages:

  • €5000 cashout limit per day

  • Live chat help for users

  • UK and Malta gambling licences

  • Wide betting market variety

Payment Methods:

Bank Wire EcoPayz Euteller Giropay iDeal MasterCard MuchBetter Neteller

Not available in your location

Specifications

  • Bonuses & Promotions

    9

  • Odds

    8

  • Mobile

    9

  • Usability

    8

  • Types of Bets

    9

  • Credibility

    9

  • Payment Methods

    8

  • Support

    8

Bonuses & Promotions

9 / 10

LVbet welcome offer

There is a wide variety of LVbet offers and promotions which will keep players entertained and coming back for more. For newcomers, there is a generous bonus with your first deposit in the New Sports Welcome Offer.

LVbet Superduper Bet

However, if you are a more experienced gambler, you may instead want to check out the Superduper Bet promotion where you can take advantage of specially prepared bet slips and enjoy 20% enhanced final odds.

Odds

8 / 10

With football being the main sport on LVbet, the odds on popular football matches on the same level as the market average. To illustrate this further, here are examples of popular matches from different leagues:

Sheffield Utd. – West Ham Utd. (10.01.2020) Average: 1.863.614.31
LVbet: 1.843.64.4
Stade Rennais  – Olimpique de Marseille (10.01.2020) Average: 2.663.162.75
LVbet: 2.73.152.8
FC Schalke 04  – B. Monchengladbach (17.01.2020) Average: 2.45 – 3.572.77
LVbet: 2.45 – 3.52.8

Disclaimer: your mileage on margins may vary depending on the event.

Betting margin

  • Football

    Football

    4.5%

  • Basketball

    Basketball

    6.5%

  • Hockey

    Hockey

    8.9%

  • Tennis

    Tennis

    9.19%

  • Volleyball

    Volleyball

    7.9%

  • Handball

    Handball

    9%

Overall betting margin: 7.7%

Mobile

9 / 10

LVbet offers iOS, Android and mobile browser options of betting for their users. These versions have the same look and functionality, with the Android/iOS applications a little bit smoother to navigate.

All options have the same black-and-yellow style as the desktop version and leave a good impression as they are fast, user-friendly and easy to use.

Finding a match and betting on it takes under 10 clicks from logging in. Minimalistic style and better sorting options make mobile versions stand out in comparison to the more clunky desktop.

You can play in the iPhone App

iPhone App

More

You can play in the Android App

Android App

More

You can play in the Mobile Browser

Mobile Browser

More

Usability

8 / 10

Advantages

Limitations

Limited support availability

A €5 (or equivalent) fee on second and subsequent withdrawal of the week

No sorting in the browser version

No live streaming

Types of Bets

8.5 / 10

Aside from the traditional sports and e-sport categories, LVbet offers users the chance to bet on relevant special and political events like Academy Awards, Golden Globe awards, Presidential Elections in the USA and more.

LVbet Types of Bets:

Credibility

9 / 10

LVBET operates under the laws of the European Union member state of Malta where its parent company Fairload Ltd. is located. The company, incorporated in 2015, holds the Malta Gaming Authority (MGA) gaming license MGA/B2C/282/2015 as well as a license from the UK Gambling Commission for casino and gambling activities.

The safety of clients’ funds is provided by the Bank of Valletta where the funds are being held in a trust account entirely separate from corporate funds.

In our experience, the sports part of the LVbet service did not seem to produce many notable complaints on the user side. Their experiences seem to be rather positive.

Fairload Ltd., however, does not seem to be a transparent company as it does not have its financial reports open to the public.

Popular countries for betting with Lvbet

Payment Methods

8 / 10

Deposits

LVbet provides users with a variety of options to deposit money to their account. Along with the more common Visa card or Paysafe Group (Neteller, PaysafeCard, Skrill) deposits, one can also use more “territorial” services like German GiroPay or SOFORT (mostly from Central Europe, with Germany having the most active users) or Swedish Trustly. There is also a number of options available to those with other preferences, like EUTeller, Zimpler, MuchBetter or Jeton.

Withdrawals

LVbet offers bank transfer (credit cards) and Trustly for their two main options of money withdrawal.

According to their support services, withdrawal requests can take up to 3 days to be processed by the payment department, and then it becomes the matter of the chosen method.

Bank transfers or credit card payments can take up to 5 days to arrive in the account, whereas e-wallet transactions can take up to 1 hour.

The minimum amount that can be withdrawn is €20. The maximum amount is €5000 per day.
Beginning with the second, all subsequent withdrawals of the week will involve a fixed charge of €5.

Amount Time Fees
Amount Time Fees

Bank Wire

EcoPayz

Giropay

MuchBetter

Neteller

Paysafecard

Skrill

Sofort

Trustly

VISA

€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–€1,000 Instant 0%
€10–€5,000 Instant 0%
€10–€250 Instant 0%
€10–€5,000 Instant 0%
€10–€5,000 upInstant 0%
€20–€5,000 Up to 3-8 days 0
€20–€5,000 Up to 3 days 0
€20–€5,000 Up to 3-8 days 0

Support

8 / 10

There are three different options to contact the LVbet customer support team. These are live chat, phone and e-mail. Chat and e-mail are available in English, Polish and German every day from 8 AM to 11 PM Central European Time (CET). Phone calls in English can be made between 10 AM to 8 PM CET.

Judging from our personal experience, support is active and willing to help. The average time between questions and answers took minutes, with the notable exception being their e-mail form, which for some reason does not inform you in any way that the message is sent.

The lack of any notification is quite confusing because the user does not know whether their inquiry was delivered until the answer is received.

The downside to the support system of LVbet is that their working hours are fixed, and your issue likely will not be resolved if it arises outside of that time frame.

Phone

+35627780032

Email

support@lvbet.com

Live chat

Competence 5 / 5 5 / 5 5 / 5
Politeness 5 / 5 5 / 5 5 / 5
Response Time Instant Up to 10 minutes Instant

Overall

8.4 / 10

Overall LVbet experience, for the most part, is very positive. The service provider has all the tools necessary for comfortable gambling, including a wide variety of markets along with a sleek and intuitive mobile application.

The provider holds two respectable gambling licenses and offers market average odds. The first joining bonus is quite generous.

Limitations

Limited withdrawal options for Central Europe

A €5 (or equivalent) fee on second and subsequent withdrawal of the week

Limited support availability

No sorting in the browser version

The website, however, could use some more withdrawal options – at least for Central Europe locations.

There are also some minor criticisms about sorting and the “Select all” button that sometimes bugs out (not to mention that the website literally does not let you select more than four events at once, which kinda defeats the purpose of the button).

FAQ

? Can a user open a second account?
They cannot.
? How to register on the LVbet website?
The only requirement is an active e-mail and a little bit of time. You don't need to provide the company with your financial data; however, in the process of registration, you will be required to fill forms with some personal data, e.g. your address or phone number.
? Are there any limits to bets?
Whilst, in general, there are no upper limits, in some cases, users can be asked to lower their stake if it has exceeded the maximum allowed limit for that bet in particular. The minimum bet depends on the currency. Currently, the minimum bets are EUR 0.50, GBP 0.50, USD 0.50, PLN 1, CZK 10, HUF 100, SEK 5.
? Is there a possibility of interaction with someone else's account?
No. Transactions between third parties are prohibited. Users cannot send or receive money from other users, or employ the service provider as their intermediary.

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