SUMMARY
Ivibet provides more than 30 sports and excellent promotions for new and existing customers alike. Given these opportunities, it´s no surprise that Ivibet is one of the most popular sites in India.
DETAILED REVIEW
STRENGTHS
- Huge selection of sports and betting markets
- Free live streaming
- Fast withdrawals
- Licensed in Curacao
- Supports cryptocurrency
WEAKNESSES
- Tough bonus wagering requirements
- Very few ongoing sports betting promotions
TechOptions Group has been busy over the past couple of years. One of the iGaming company’s latest coups was the launch of Ivibet in 2022. Being licensed in Curacao allows Ivibet to offer sports betting and casino games to a global audience that appreciates having access to the broadest range of online gambling opportunities.
This review will focus on Ivibet’s sports betting vertical. It will tell you about the thousands of daily live and pre-match betting options, the special offers, and the popular features which include cashout and free live streaming. After you’ve reached the end of this review, you will have all of the information you need to decide whether Ivibet offers all the things you want in an online sports betting site.
Pros and Cons
There is no doubt that Ivibet aims to deliver a top-notch product that gives avid sports bettors all of the betting options they could ever ask for. One doesn’t have to look much further than one of the bookie’s betting menus for proof of this. Major events like EPL football matches can serve up thousands of pre-match betting options on top of the countless live wagering opportunities.
Punters will also enjoy having access to a sports welcome bonus along with regular promotions. While Ivibet doesn’t have the best selection of offers, the ones they do offer can significantly boost your account balance. Then there are the helpful features like betting stats, cashout, and a free live streaming service. We were particularly pleased that you only have to log into your account to watch live sports.
As much as Ivibet does right, we should point out a few areas in which the bookmaker falls a bit flat. One example of this is the bonus wagering requirements. It’s not the low 5X rollover on bonus cash that bothers us. That’s actually quite reasonable. However, that rollover needs to be satisfied by betting accumulators with at least two selections having odds of 2.00 or higher. This puts bonus claimants at a distinct disadvantage.
Another thing that Ivibet could do to make itself more attractive is to add a few more regular promotions. While the odds are generally competitive, offering deals like enhanced odds, profit boosts, and even acca insurance would attract more experienced bettors who demand maximum value.
STRENGTHS
- Huge selection of sports and betting markets
- Free live streaming
- Fast withdrawals
- Licensed in Curacao
- Supports cryptocurrency
WEAKNESSES
- Tough bonus wagering requirements
- Very few ongoing sports betting promotions
What Can You Bet on at Ivibet?
If you want lots of betting options, then Ivibet should definitely be on your radar. For starters, the bookie covers a huge range of mainstream and niche sports. We saw 38 sports on the menu when we conducted this review. Furthermore, punters can choose from hundreds of major and small-market leagues.
Anyone who likes betting on football has over 100 leagues and competitions to choose from. This extends to most other popular sports including cricket which offers odds on over a dozen competitions including Indian Premier League, T20 World Cup, Pro50 Championship, and the Pakistan Super League. You can place future bets, pre-match wagers, or get in on the live betting action. Make a single selection or go big by assembling that perfect accumulator.
Ivibet even offers plenty of betting options to those who aren’t into traditional sports. You will find plenty of competitive odds on trendy eSports like League of Legends, Arena of Valor, and Counter-Strike. Those who like betting on Dota 2 will love having so many options including:
- Outright Winner
- Total Maps
- Map Handicaps
- Correct Score
- Individual Map Winners
Ivibet is also ideal for punters who like wagering on entertainment events like the Oscars and Emmys or political buffs who want to wager on such things as presidential and even mayoral elections. If competitive sewing were a thing, Ivibet would surely offer odds on it.
Bonuses and Promotions
Anyone who opens a new account can choose between a sports betting welcome bonus and a casino welcome bonus. While Ivibet doesn’t offer a lot in terms of regular sports promos, they do have a couple that are worthy of attention.
Sports Welcome Bonus
Are you interested in quickly adding €150 or currency equivalent to your account balance? If so, all you need to do is open a new account at Ivibet and deposit €10 or equivalent. When you do, Ivibet will 100% match your deposit up to €150.
To withdraw your bonus cash, you need to wager the bonus amount 5X within 7 days. Each bet that contributes to the rollover must be an accumulator with at least 2 selections bearing odds of 2.00 or greater. Once you’ve done that, the bonus cash will be immediately transferred to your regular account balance where it can be withdrawn.
Forecast Promotions
Any Ivibet customer who has deposited at least €20 or currency equivalent in the last 5 days is eligible to participate in Ivibet’s forecast promotion. You will be given a list of 10 upcoming matches and the idea is to pick the winner of each one. Those who pick all ten correctly win €1,000. Picking 9 winners nets you €100 while nailing 8 earns a prize of €50. These prizes are issued as free bets.
Bettor’s Tournament
Bring more competitiveness to your sports betting by participating in Ivibet’s weekly Bettor’s Tournaments. Every wager you make with odds of 1.20 or higher earns points that are based on the stake amount and the win amount. At the end of the week, those who finish with the most points earn a share of the €5,500 prize pool. These prizes are issued as free bets that must be used within 3 days.
Odds
Having so many betting opportunities at your disposal is great, but it doesn’t mean much unless you’re getting solid odds. Bookmakers build a commission into the odds they offer. If the commission is too high, then the odds lose value and your winning bets aren’t as profitable as they could be. This commission, known as the odds margin, typically hovers around 5% at most leading sportsbooks.
Ivibet’s odds margins for most mainstream sports bets fall in that 5% range which is quite good. For instance, you can expect an odds margin of about 5% on EPL draw no bet wagers while totals usually have a sub-5% odds margin as do 1X2 bets. This also applies to other major sports like NBA basketball and MLB baseball. However, the odds margins for a lot of niche sports like badminton and handball can easily exceed 8% which is not very good at all. While it’s true that most top bookies rake in higher odds margins for small-market events, 8% is definitely on the high side.
Mobile
You can place bets, withdraw your winnings, and take advantage of all of Ivibet’s features while you are on the go. Thanks to Ivibet’s mobile platform, all you need is a mobile device with a browser and a connection to the internet. The mobile platform was specifically designed to be displayed on small screens. You don’t even need to download an Ivibet app although that is an option for Android and iOS users.
Design and Usability
Even the newest of noobs will have no problem finding their way around Ivibet. The site uses a white background that is devoid of any distracting banners making it easy to see everything including the menus. You can navigate the site using the quick links at the top of the page, or use the side menu to peruse the many sports and leagues. To place a wager, simply find the game menu, make your selection, and it will be automatically added to your bet slip. You can then enter the wager amount, submit the bet, and watch the game unfold live before your eyes using the streaming feature.
Ivibet Sports VIP Program
Not all leading bookmakers offer a VIP program, but Ivibet does. It is a typical tier-based program that features 6 levels. The idea is to earn points that can be used to both climb through the tiers and earn free bets. VIP members earn one point for every €3 wagered at 1.30 or higher. At the end of the month, you can redeem every 100 points for a free bet valued at €1.50. Those in the top tiers can earn over €4,500 in free bets each month.
Ivibet’s License
Ivibet, along with TechOptions Group’s other online bookmakers are licensed in Curacao. While a Curacao license is generally seen as slightly inferior to a license from the UK or Malta, Curacao regulators have vastly improved their image over the past couple of years as they have been far more proactive in the area of enforcement. On top of that, Curacao licenses allow operators to support cryptocurrency whereas many other regulators do not.
Top Features at Ivibet
- Supports cryptocurrency and fiat currency
- Special features like cashout and free live streaming
- Excellent sports coverage and loads of betting markets
- Fast withdrawals
Payments
Deposits and withdrawals at Ivibet are fast, secure, and easy to do. Ivibet won’t charge you for these transactions, but you should be aware that your payment provider may levy fees for these transactions.
Deposits
When you are ready to fund your Ivibet account, start by hitting the orange “Deposit” icon at the top of the screen. You can then select your preferred payment provider to trigger the deposit form. Simply fill out the deposit form and follow the prompts on the screen to complete the transaction. You can expect to be redirected to your payment provider’s site to confirm the deposit. Don’t forget to claim any bonuses you may be interested in.
Ivibet supports a wonderful array of payment options. In addition to accepting a variety of cryptocurrencies, customers can deposit using:
- Visa/Mastercard
- Skrill
- Neteller
- Jeton
- eZeeWallet
- AstroPay
- AirTM
- MuchBetter
- Sticpay
- Perfect Money
- Luxon
- Oriental Wallet
After completing your deposit, you should see your updated account balance right away although some transactions may take a few minutes to show up in your account. Don’t hesitate to contact Ivibet’s customer service if you have any concerns.
Withdrawals
Before you ask for a withdrawal, you will need to complete the verification process which involves providing Ivibet with digital copies of a couple of documents. Something like a passport and a mobile bill will usually suffice. This process is mandatory under the law and the terms of Ivibet’s licensing agreement. This is standard practice at almost all of the world’s most reputable online gambling sites.
Assuming you’ve been verified, you can head to the cashier to select your withdrawal method to activate the withdrawal request form. Simply fill out the required fields and submit it. You will likely be redirected to your payment provider’s site to complete the transaction. Once Ivibet receives the request, they will normally process it within 12 hours. The length of time it takes to receive your winnings depends on which payment method you used. You should find that eWallet and crypto withdrawals are accessible within minutes while those who use credit/debit cards may have to wait up to 5 days.
Security
Ivibet takes security very seriously. The site uses the most modern SSL encryption to keep all of your personal and financial information safe and secure. While the operator retains some of your details on the site’s servers, that data is protected by firewalls, access controls, and other human and electronic safeguards. You need not worry about any of your information falling into the wrong hands.
Customer Support
Ivibet’s friendly and knowledgeable support staff is on hand to help you 24/7. To get help right away, we suggest that you use the live chat feature which you can trigger by hitting the chat bubble icon in the bottom-right corner of the screen. If you don’t mind waiting for a reply, you can also send an email. Those who like solving their own issues can check out the FAQ section which covers an array of common and not-so-common topics.
Additional Services
As mentioned, Ivibet isn’t just a premier sports betting site. The site also features an excellent online casino that boasts over 6,000 games from over 100 of the industry’s top providers like TrueLab, NetEnt, and Playson. You can play a full range of casino games ranging from slots and table games to specialty games and live dealer titles. You can play for real money or just have some risk-free fun in demo mode.
Our Experience with Ivibet
Our experts were generally pleased with the Ivibet experience. We have tons of respect for the excellent sports coverage and the vast range of live and pre-match betting options. As avid English Premier League fans, we were blown away by the EPL betting menus which offered well over 4,000 unique betting options. The addition of the free live streaming feature was the cherry on top.
We also appreciated having so many payment options at our disposal. One of the advantages of having a Curacao license is that it gives operators the ability to support cryptocurrency. While the withdrawal times aren’t the absolute fastest, a processing time of under 12 hours is still considered fast by most measures.
Ivibet is a great option for new sports bettors, but veteran punters will be attracted too because of the uber-competitive odds for major events. It’s too bad that the odds for smaller market events are slightly inferior to those offered at many top online bookies. It’s also too bad that the site doesn’t offer much in the way of regular sports promotions. Still, the offers they do have are decent even if the wagering requirements are a bit out of line.