Velobet Sportsbook
- Good selection of payment methods, including cryptocurrency
- Fast withdrawals
- Simple registration process
- Unregistered users can’t use live chat
- Limited maximum win per bet
Editor’s View
Velobet is an online sports betting site and casino that is easy to navigate when you are looking for your favourite games or sports. When you visit the sportsbook part of the website, the bottom navigation bar is missing, so you’ll have to go back to the casino page to find any information you might need.
The operator has plenty to offer, and you can read more about it in our Velobet review below.
General Information and Safety Details About Velobet
Velobet is a relatively new sports betting site owned by Santeda International B.V. and registered and regulated under the laws of Curaçao. The website is available in a few languages, including English, Portuguese, Spanish and German.
It is a crypto-friendly sportsbook, and cryptocurrencies can be used to make deposits and withdrawals. Bettors can select their preferred odds format when placing their bets and save a draft of their bet if they wish to continue adding selections to it later.
Velobet Payments and Withdrawals
Velobet offers a variety of payment methods to cater to all sports betting customers. For those using fiat payment methods to make their deposits, Visa and Mastercard are common options, with digital payment solutions now also being among the top choices for punters.
You can also use Skrill, Neteller, Paysafecard, AstroPay, or other available methods, and the minimum deposit is 10€ for all options. If you prefer cryptocurrency, the operator allows you to use Bitcoin, Tether, Ethereum, Ripple and others to make your deposits.
Velober withdrawal options are not as numerous as depositing ones, and their availability will depend on your location. The minimum withdrawal is set to 10€, whereas the maximum will depend on your chosen payment method, and you might get your payout in instalments.
We can see from Velobet customer reviews that the operator is praised for fast withdrawals, and that is something we appreciate.
Velobet Customer Service and User Experience
Setting up a Velobet account is a very simple process that requires only your full name, email, and the country you come from, as well as inputting details for your future Velobet login. You also set the currency you wish to use when creating the account and choose the welcome bonus if you wish to claim one.
Unregistered users cannot use the live chat option to contact customer service, which is a bit disappointing if you have any questions before opening an account. Once you create your account and get in touch with customer support, they are nice, friendly, and helpful.
Velobet doesn’t have a mobile app, but the website is optimised for small screens, so you can use it on the go without any issues.
Velobet’s Best Offers
When opening an account, you can claim the Velobet sign-up offer and get a 150% bonus up to €1,000, and we suggest that you read the bonus terms and conditions before claiming the offer.
Other Velobet bonus offers for sports betting include a 3+1 Freebet promotion that gives you one free bet after making three qualifying bets. If you are a crypto user, at the time of conducting this Velobet sportsbook review, we found a 10% cashback promotion on crypto deposits you can claim.
The Grand Express promotion applies to certain competitions from various sports, so you might want to check it out as well.
Betting Features Available at Velobet
Live betting is available at Velobet, and the events that are in progress are easily accessible from the main menu. The operator offers access to statistics for each match if you need more information before making your bet.
Even though the Sportsbook Terms on the website indicate that the operator offers the Bet Builder product, we couldn’t find the option when we tried to place a bet. Live streaming is available, but only for certain events.
If you wish to settle your bet before the events are finished, you can use the option to cash out on your bet under the terms that the operator sets.
Most Popular Sports at Velobet
It is kind of obvious from the first look at the sports betting section and top leagues that football is the most popular sport at Velobet, just like we expected from a sportsbook with international customers.
But that is not to say that other sports are popular and well-covered. Popular sports and leagues in the US are also singled out as top options, so you can easily bet on the NBA, NFL, NHL and MLS.
Betting on tennis is also popular, with plenty of available tournaments and matches. Bettors who enjoy betting on Formula 1 or maybe handball won’t be disappointed either.
The operator also offers esports and virtual sports betting, with live streams available for the latter.
Velobet’s Commitment to Responsible Gambling
The operator has a dedicated responsible gambling page on its website where bettors can find helpful resources, including a checklist that can help them decide if they have a gambling problem.
Velobet offers a few tools you can use to take control of your gambling, but you need to contact customer support to use them. If you want to set limits on your account, take a time-out period, or self-exclude from gambling, you need to contact customer support via email.
Final Verdict on Velobet
Velobet is an exciting sports betting site with some interesting bonus offers and a variety of payment methods. Users praise the operator for fast withdrawals and crypto payment options. What could be a bit limiting is that the maximum win per single bet is set at €200,000 cryptocurrency equivalent.
We would also like to see the Bet Builder feature on the website and the possibility of unregistered users using the live chat option.