Loot.bet eSportsbook Review
Loot.bet is one of the up and coming eSports betting websites in the industry today. Cutting edge graphics, tons of eSports matches to wager on and a sleek betting platform are just a few of the reasons as to why new customers are flocking to Loot.bet every day.
Loot.bet is one of the newest and most talked about eSports betting websites to hit the industry as of late. Launched in 2016, the company employs many former eGamers and has brought aboard a solid team to run the business side of operations. You can tell by the design of the site itself that this company cares about its customer base and has made the site very appealing with a modern look that trumps many others in the same industry.
The website layout is easy to navigate around and the site looks flawless on the mobile devices I tested it on (iPhone and iPad, respectively). Loot.bet accepts well over a dozen different deposit methods, but prides itself on also being Bitcoin-friendly. The cryptocurrency is making its rounds as one of the best options to deposit at eSports betting sites and Loot.bet is no exception.
You will notice the site offers not just a large selection of eSports, but also a smaller selection of traditional sports that you can also bet for real money. They have a great FAQ section that answers most of the more common questions regarding eSports betting and you can always contact support 24/7 via email and 8 am to 5 pm via live chat on the website. Other information about the company can be found in our comprehensive review, which is completely unbiased and of course tested first-hand by the team here.
Name: Loot.bet Sportsbook
Established year: 2016
PROS VS. CONS
Super sleek and modern-looking website.
Tons of live betting options.
Solid betting lines for all eSports.
Accepts bitcoin and many other banking options.
Offers bets on traditional sports, too.
Low first-time deposit bonus.
Limited amount of traditional sports.
Loot.bet eSports Offerings
Loot.bet’s eSports offerings are nothing short of awesome. They offer a larger selection than most similar eSportsbooks like GG.bet. This includes pre-match and live betting options all around as well.
All of their games are fully listed on the homepage and throughout the site on the top navigation, with Twitch feeds also being available to monitor live bets you place on your favorite gamers! It’s definitely a revolutionary way to check the status of your wagers in real-time and gives every bet a “true sweat,” much like how you would feel betting a real sports game.
In addition to the list of eSports you can wager on, the site actually has a separate area where you can make regular bets on traditional sports, which at the time of this review include soccer, tennis, hockey, basketball, handball and volleyball. So, if you’re getting bored one day betting on your favorite gamers you can also try your hand at betting more “traditional” sports like the ones listed in this section.
The complete list of games offered at Loot.bet are below:
- League of Legends
- DOTA 2
- World of Tanks
- Vain Glory
- Heroes of the Storm
- Call of Duty
Complete list of “traditional” sports offered at Loot.bet:
- Football (soccer)
Bet Types at Loot.bet
The bet types are of course going to be a little different at an eSportsbook like Loot.bet. There are no futures or over/under type wagers available, only straight up type bets that offer odds on each side. You can bet on head to head matchups and tournaments, as well as outrights, too. There are also individual types of bets you can wager straight up on, including who will win the whole match, specific map bets and even place team bets on upcoming championships in the ESL Pro League, for example.
Loot.bet Sign Up Process and Security
Loot.bet has a very simple signup process in place that requires all new customers to take a few seconds to choose a user name and password. Once you confirm your password again and put in your email you’ll be ready to start betting on eSports. This whole thing literally takes seconds to complete.
The security on the site is second to none, as most eSportsbooks like to bulk up their firewalls and SSL protection due to the nature of modern hackers always looking to steal information and even account funds. The site even displays their Seal of Approval regarding their compliance in accepting credit card data and other sensitive financial information as well.
Once you’re logged in, you have the option to bet anonymously by using Bitcoin as your primary banking option. You just need to get your BTC wallet opened up and verify the BTC address that Loot.bet uses to handle all Bitcoin transactions and send over your deposit. It will be verified within 1 to 2 minutes and you’ll be on your way to betting.
Loot.bet Banking Selections
The Loot.bet banking options are as extensive as they come. There are over a dozen options available at your fingertips, with most players using Bitcoin, credit cards or an eWallet like Skrill or Neteller. The limits aren’t readily available on the site, but you will be able to access minimum and maximum deposit amounts once you register for an account.
All of the deposit options at Loot.bet include – but are not limited to the following:
- Diners Club
- Sofort Banking
- Qiwi Wallet
Withdrawing Funds at Loot.bet
The withdrawal process is relatively easy and seamless at Loot.bet. You simply login to your account and select the amount you’re looking to withdrawal and the method in which you want to receive your funds. Most methods will have a minimum requirement, which can be found once you’re logged into your player account. The information isn’t readily available on their website, but you should be able to get this by contacting support via email or Live Chat.
Bitcoin withdrawals will most likely be the fastest, as most sportsbooks process these same day and without any fees. You may or may not see that type of cashout speed using other methods, nor can we guarantee you won’t pay some type of cashout fee when using an alternative other than Bitcoin.
Loot.bet Mobile Functionality
At the time of this review, there is no standalone app for Loot.bet. However, that should not discourage you from logging into your account via your mobile device or tablet. That’s because the developers behind the site spent some serious time in designing one of the more functional and cutting edge mobile eSports betting websites in the niche today.
It looks exactly like the desktop site but just condensed in a way that makes it so simple to click and scroll through different matches and lines, as well as fire up live bets on your favorite eSports with ease. I didn’t experience much lag whatsoever which is a huge plus and I was able to deposit, bet and check my transaction history straight from their mobile account backend.
Loot.bet mobile looks solid no matter how you position your smartphone or tablet, but if I had a preference it would most likely be flipped on its side in portrait mode. It loads the lines a little more clearly and you can see more of the action using the rest of the real estate on your phone. This is definitely one of the more cleverly designed mobile eSports sites I’ve seen thus far.
Final Verdict for Loot.bet
Loot.bet in itself reminds me of a few other eSports betting sites I’ve reviewed personally in the past, but only on an aesthetic level. It brings a sleek interface and mixes in cool colors and graphics to really hook a player’s attention in right when you land on the homepage. I think that’s where I would stop the comparisons though…
This is one of the coolest sites I’ve ever played on. It offers a few more eSports options than rivals like GG.bet, but it also offers traditional sports matches I can bet on, too! You can deposit using over a dozen different methods, cash out with ease and enjoy the same type of security and safety as most other “big name” sportsbooks. I love their lines, their live betting interface and their support team. What are you waiting for?
Get your account already!