Updated

Lvbet review

8.4/10

Advantages:

  • €5,000 cashout limit per day

  • Live chat help for users

  • Malta gambling licences

  • Wide betting market variety

Payment Methods:

Bank Wire Payz Euteller Giropay iDEAL Mastercard MuchBetter NETELLER

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Specifications

  • Bonuses & Promotions

    9

  • Odds

    8

  • Mobile

    9

  • Usability

    8

  • Types of Bets

    8

  • Credibility

    9

  • Payment Methods

    8

  • Support

    8

Bonuses & Promotions

9 / 10

Lvbet has a good number of bonuses and promotions targeting new and existing users. As a new user, you can claim a 100% welcome bonus of up to €50 when making your first deposit of at least €10. To claim, after registration, you’ll need to click on the ‘sports welcome offer’ tab before making your deposit.

Players can use the offer to wager on their favourite sporting events. But you need to avoid payment options such as Skrill, Neteller, and Skrill 1-Tap because deposits via any of them do not qualify you for the offer. Also, a 12x wagering requirement is attached to the welcome bonus, which must be met before withdrawal. Nonetheless, the following are some other bonuses for existing users.

Acca Boost

Existing users can boost their winnings up to 100% when they claim this bonus. To be eligible, your bet will need to contain a minimum of two selections, with at least 1.30 odds on each of them. Once you’ve met the requirements, your boosted odds will appear on your bet slip.

However, the percentage of the boosted odds depends on how many sections are contained in your bet slip. While slips with two selections attract 1%, the ones with 5 selections attract 12%. To claim the 100% odds boost, your bet must contain up to 14 selections or higher.

Deposit Blast

This promo offers users who deposit €30 a €5 instant bonus, which can be used on any of their favourite sports events. To be eligible, you’ll need to opt in through the promotion page before making the deposit. The offer is available for every user once daily. The 6x wagering requirements attached to this offer must be used on tickets containing at least 2 selections, with a minimum of 1.25 odds each, and the total odds of all the selections must be 2.00 odds and above.

LVbet_desktop_promo_page_screenshot

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:

Table about odds
Athletic Bilbao – Getafe (15.08.2024) Average: 1.48 - 4.25 - 7.45
LVbet: 1.45 - 4.5 - 8.5
Twente  – FC Salzburg  (13.08.2024) Average: 2.51 - 3.57 - 2.69
LVbet: 2.5 - 3.55 - 2.6
Monchengladbach  – Bayer 04 Leverkusen (23.08.2024) Average: 5.0 - 4.33 - 1.58
LVbet: 5.7 - 4.6 - 1.57

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

Betting margin

  • Baseball

    Baseball

    6.85%

  • Basketball

    Basketball

    6.5%

  • Boxing

    Boxing

    6.47%

  • Cricket

    Cricket

    7.15%

  • eSports

    eSports

    6.32%

  • Football

    Football

    4.5%

  • Handball

    Handball

    9%

  • Hockey

    Hockey

    8.9%

  • MMA

    MMA

    7.12%

  • Rugby

    Rugby

    8.32%

  • Tennis

    Tennis

    9.19%

  • Volleyball

    Volleyball

    7.9%

Overall betting margin: 7.4%

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.

Usability

8 / 10

Lvbet has a very user-friendly interface. The dark-themed website is easy on the eyes, and all buttons are properly labelled and placed. Navigating around the site is simplified for even rookies as well as experienced bettors. The account creation process is streamlined and can be completed within 2 minutes. Also, the design of the site makes it easy for you to place and monitor your bets. While the platform has a dedicated mobile app, you can still access the site with mobile and tablet browsers and get almost the same experience on desktop devices.

  • 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 / 10

Aside from the traditional sports and e-sport categories, LVbet, being one of the best betting sites Canada, 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.

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.

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.

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

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.

Deposit funds & Withdraw funds
Amount Time Fees Amount Time Fees

Bank Wire

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

Payz

€10–€5,000 Instant 0% ? ? ?

Giropay

€10–€5,000 Instant 0% ? ? ?

MuchBetter

€10–€5,000 Instant 0% ? ? ?

NETELLER

€10–€5,000 Instant 0% ? ? ?

paysafecard

€10–€1,000 Instant 0% ? ? ?

Skrill

€10–€5,000 Instant 0% ? ? ?

Sofort

€10–€250 Instant 0% ? ? ?

Trustly

€10–€5,000 Instant 0% €20–€5,000 Up to 3 days 0

Visa

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

Support

8 / 10

There are two different options to contact the LVbet customer support team. These are live chat 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).

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.

Support contacts

Phone

Email

[email protected]

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

In conclusion, LVbet offers a solid betting experience with a wide range of sports markets, competitive odds, and a user-friendly platform. It holds a licence from one of the most reputable bodies in the industry and offers generous welcome offers to new and existing users. While you can carry out your betting activities on its mobile app, the site is mobile optimised to also work well on mobile devices, including tablets. However, the platform has its limitations, such as withdrawal fees and limited support availability. Overall, LVbet is a reliable choice for bettors who value variety and simplicity.

  • Limitations
  • Limited withdrawal options for Central Europe
  • A €5 (or equivalent) fee on second and subsequent withdrawal of the week
  • Limited support availability

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.
Review Author

Kate Richardson

Kate Richardson

Strategic Betting Analyst: Expert in Developing and Implementing Data-Driven, Profitable Sports Betting Strategies.