Loot.bet Review June 2022
US Sports Betting Industry Expert
Loot.bet has made a name for itself in the European market. It currently specializes in esports betting. Esports are getting extremely popular worldwide, so it could be the right time to get in with a sportsbook that is heavily involved in the practice.
Loot.bet has been in the online sports betting market since 2016. Since then, it has expanded to feature bets on the most popular esports around. That means this site is a great place to go if you want to specifically look into betting on esports, but not for other kinds of sports betting.
For those of you who do not know, esports are video games like League of Legends and Call of Duty. Esports betting centers around betting on tournaments in the esports world, most of which are international.
Updated on: June 28, 2022
BETTING MARKETS & AVAILABLE SPORTS
Because Loot.bet specializes in esports betting, the betting market is not the traditional betting market that you would find on other sportsbooks. What you will find on Loot.bet will be esports specific betting options. Here are some of the types of esports you will be able to bet on:
- Dota 2
- League of Legends (LoL)
- Counter Strike: Global Offensive (CS:GO)
- Rainbow 6
- Heroes of the Storm
- StarCraft 2
- Call of Duty
- Playerunknown’s Battlegrounds
- Rocket League
- King of Glory
- Dota Underlords
As esports betting becomes more popular worldwide, more games are emerging all the time. So, the list of esports available on Loot.bet could expand at any time. Keep an eye out to see if and when new games are added for bets.
LOOT.BET MOBILE APP
At this time, there is no Loot.bet mobile app available. However, the sportsbook does have a mobile-friendly version of their site that users can access through their mobile browser of choice. And, it is very likely that the sportsbook will decide to launch a mobile app in the near future.
Most mobile apps are available for iPhone/iOS devices as well as Android devices. Users need to have an up to date operating system as well as sufficient memory available on that device of choice.
LOOT.BET PAYMENT OPTIONS
If you are going to place your bets using Loot.bet, you will need to know the payment options that are available to you. Typically, winnings must be withdrawn using the same method that money was deposited using. Here is a list of the payment options you should be able to find on Loot.bet:
- Credit Cards and Debit Cards (VISA Card and Mastercard)
- Skrill (eWallet)
- Neteller (eWallet)
In addition, Loot.bet has decided to allow for users to make deposits using cryptocurrencies like Bitcoin (BTC). The max amount that customers are able to withdraw is $10,000 a month and withdrawals have no fee. More payment options may be included specifically tailored to betting in Ontario.
LOOT.BET CUSTOMER SERVICE
The customer service options available on any sportsbook that you use are incredibly important. If you run into an issue, you are going to need to be able to figure out where to go to find a solution. So, here are the customer service options available on Loot.bet.
Loot.bet has three customer service options to reach a customer service representative. The first and most direct method is live chat. Live chat tends to be the fastest and most efficient customer service method. In addition, Loot.bet also has an email address that users can utilize to ask their questions. Plus, there is also a phone number for customer service, however as of right now the number leads to Loot.bet’s country of origin, which may not be helpful to everyone.
You have just learned a lot about Loot.bet. However, you may still have questions that need to be addressed. This frequently asked questions section should be able to answer some of those lingering questions that remain.
Can I place bets on regular sports on Loot.bet?
At this time, Loot.bet is exclusively an eSports betting platform.
Is there a Loot.bet mobile app available?
At this time, there is not a Loot.bet mobile app available. However, there is a mobile browser friendly site that users can access.
Is there a withdrawal limit for users?
Users can only withdraw $10,000 a month, however no fee applies to withdrawals.
Loot.bet has found a niche market to service in the online sports betting world. With esports expanding all the time, new fans and bettors are coming around constantly. So, Loot.bet is well positioned to corner this market for itself.
Currently, many popular online sportsbooks do not even offer esports betting. This gives Loot.bet an edge because players should know where to go to place their esports wagers. The company has also formed partnerships with important esports tournaments.
However, not having a mobile app available is definitely detrimental to the growth of an online sportsbook. So, if the online betting site wants to find more customers, that could be a point of contention.
Overall, users should find the site easy to use and well laid out. They should be able to place their bets simply and even redeem promotional offers.