Sportsbet.io Review: A Bookmaker for the Future

The Betting Options

Sportsbet.io offers a total of 31 sports categories to wager on throughout the year, with each category containing up to 100 different local and international leagues and divisions. For example, Canadian bettors will be pleased to know that the ice hockey category includes the NHL as well as leagues from Russia and Europe.

You’ll find all the other major sports in the Sportsbet.io betting lobby, whether they be the US’ Big Four leagues or cricket, rugby, golf, motorsport and rugby. You are even able to bet on eSports, which are notably worthwhile for their diverse betting options. We’ve listed the top Sportsbet.io sports and leagues below.

One of the most well-stocked sports categories is soccer, which offers up to 60 different leagues and divisions. The English Premier League is one of the most popular betting options, as are major tournaments such as the Euros and the World Cup. Basketball is also very popular, with the NCAA and NBA being the biggest draws.

While we are happy with the diversity of the sports on offer, we must admit compared to its competitors, the number of leagues falls short. For example, some sites offer up to 200 different football divisions. We were pleased that the standard betting markets are available, though its smaller number of divisions means we can’t give full marks for this criterion.

In-Play Betting

We stand by the belief that in order to be considered a top bookie, a site should offer a streamlined, well-stocked live betting platform that facilitates convenient in-play bets. We are glad to reveal that the Sportsbet.io Canada site offers live betting options that are easy to use, no matter your betting experience.

The live section can be accessed through the In-Play tab. Here, you will either see a full list of the in-play matches currently underway, with the most popular sports at the top. If you’re after something more specific, you can filter the options by sports categories. If you’re after more markets than those features, just click on the events.

Live betting is fast-paced and thrilling and requires you to think on your feet rather than rely on experts. To make this easier, Sportsbet.io provides up-to-date live betting statistics and infographics. Unfortunately, there is no live streaming available at the site, but this is quite common for Canadian bookies.

Multiples Betting

Multiples betting is easily facilitated by the Sportsbet.io site and is a fun way to up the stakes on your betting. All you need to do is add between two and to 20 markets to your bet slip. Then, click on the Multi tab in the bet slip. This will calculate all odds together for you to set a single stake on.

The more markets that you add, the lower your chances of winning will be. This is why we recommend that you err on the side of caution when it comes to the number of markets you add. Of course, it’s possible to select many options and place a low wager in the hopes you hit the big-time.

Sometimes, bookmakers will allow you to make system bets. These are like multiples, but don’t necessarily require every market to come through for you to win a payout. These system bets are not available at Sportsbet.io, so you will need to stick to singles and multis.

Sportsbet.io Canada Bet Size and Payout Limits

Sportsbet.io requires that players make bets over a minimum value, just as it has caps on the maximum payouts. While the minimum stake is always the same, the site has different minimums applied to different sports based on their popularity. In the case of Sportsbet.io, the minimum bet is 5c.

At Sportsbet.io, the maximum per bet payout is C$2 million for soccer and C$500,000 for tennis, cricket, baseball, basketball and other major sports. This is a very high upper limit and is perfect for high rollers. It’s possible to click the Maximum Bet button when you set your stake which will cap your stake at the max potential payout.

The Odds and Payout Percentages10

When it comes to the Sportsbet.io odds, there are pros and cons that depend on the sports that you are hoping to bet on. The site has a margin of 95%, meaning that it keeps 5% of revenues for itself. This is about average and doesn’t have a major negative impact on the overall odds fairness.

In the below table, we’ve shared the payout percentages variance for the most popular sports. These impact the odds as the higher the payouts, the better the odds are. The most popular sports generate the most revenues and are more competitive, hence why their payouts tend to be higher.

Less popular sports tend to offer less favourable odds. Although the live odds are generally impacted by the same percentages, they are harder to gauge as in-play odds constantly fluctuate. We spent time during peak periods to undertake a live odds comparison on Sportsbet.io and found them to be similar to, and often better than, major competitors.

When you’re making pre-match bets, it helps to do your own odds comparisons before placing and confirming your bet. At times like these, it’s worth holding multiple bookmaker accounts, as you can guarantee that you’ll always get the best returns if your wager is successful.

Available Payment Methods

Sportsbet.io is perhaps best known for offering diverse payment options. While it accepts standard methods such as credit cards, Wallets, prepaid cards and bank transfers, its biggest payment feature is the acceptance of cryptocurrencies such as bitcoin and Ethereum. The site helps you make crypto transfers easily with no fees.

For many players, crypto payment support will be unnecessary. Luckily for them, it’s still easy to make payments with more standard methods. Just be sure to review their transaction times, fees and limits before you wager. Some may take days longer for withdrawals, while eWallets like Skrill and Neteller may be ineligible for bonuses.

The Power of the Platform

It’s essential when choosing an online bookmaker that you feel comfortable using the site. The top betting sites are attractive, well-categorized, easy to navigate and stable. Sportsbet.io uses a simple but bold colour scheme and design elements that create a pleasing atmosphere.

Technically speaking, the platform has been refined to ensure that you can easily find sports and markets to wager on, and a search function allows for more accurate filtration. The bet slip is incredibly intuitive, fast and streamlined which is incredibly important for time-sensitive betting such as in-play wagers..

If you have any questions about the operator, a helpful FAQs guide provides answers to common queries. Support can also easily be accessed through a live chat function. We are happy with the platform criterion of this Sportsbet.io review and believe many other betting sites in Canada could follow its footsteps.

How to Place a Wager

You will need to set up an account before you can place a bet with Sportsbet.io. The sole eligibility requirement is that you can prove that you’re 18 years old. Therefore, you must provide your personal details and identification. This step can take up to two days, so it’s best to start soon if you want to place a bet on an upcoming event.

After you’ve set up an account, you should be eligible to receive any new player betting bonuses. That said, you will need to meet the terms and conditions, which could require a minimum deposit. After this, betting at Sportsbet.io is extremely easy. To prove this to you, we’ve provided a three-step betting guide below.

• [1] Open an Account Register your personal details and submit your official identification documents to verify yourself. Once your age and identity has been confirmed, make a deposit.
• [2] Find Sports Market Find the sports and markets that interest you. Click on the odds to add them to your bet slip. To build a bigger bet, add more odds.
• [3] Enter Stake Once you’ve made your selection, enter your stake and click ‘Place Bet’. After this, you’ll need to confirm your bet once again.

The above steps apply both to making pre-match and in-play bets. You will just need to go to the relevant lobbies to find the right odds. The biggest difference is that live odds are much more time sensitive, with markets and prices subject to change or close on a moment-to-moment basis.

When you click to place your bet, you will be asked to confirm your wager. Don’t get too excited and miss this, as failure to confirm will void your bet entirely. As we’ve mentioned before, if you have the time it’s also worth doing an odds comparison, and remember that the best sports bettors understand the value of research.

About Sportsbet.io

Sportsbet.io was launched in 2016 in tandem with CoinGaming group’s expansion into cryptocurrency based iGaming. While the Sportsbet.io Canada site has still not found a huge market, this is a legitimate company that’s on the up. In the upcoming sections, you will learn more about the business, its licensing details and customer support options.

More About the Business

Since its launch, the Sportsbet.io site has been focused on offering the most technologically advanced iGaming platform that it could. One of the biggest features that it continues to offer is its promotion of cryptocurrency as a payment method, catering to what it predicts will be a huge shift in the future market.

The site is operated by mBet Solutions NV, a Curaçao-based iGaming software developer. The company is a member of the Yolo Group, formerly the CoinGaming Group, an organization dedicated to crypto gaming. It is not known how many employers work for the company, but it appears to have been established solely to operate Sportsbet.io.

It’s integral to us that we only ever review and feature sites that are trustworthy. To gauge a site’s trustworthiness, we begin by looking at its licensing — which will be explored shortly — and whether it is partnered with legitimate organizations. We were pleased to find that Sportsbet.ip sponsors four major global soccer clubs including Southampton FC in the English Premier League.

Customer Support9

A major facet of our sportsbook reviews is the quality and availability of sites’ customer support. This is because the customer service options indicate how much an operator considers its customers’ satisfaction. Preferably, a bookmaker will offer numerous methods of contact and will be available 24/.

We were satisfied to find that Sportsbet.io has a 24/7 live chat service as well as an email address for Canadian members. The round-the-clock availability guarantees that all players, no matter what time they bet, will be able to find help in the rare case and issues arises.

Support is available in English, French, German, Spanish and many other languages. In fact, it actually offers one of the largest selections of languages to choose from. We tested the live chat and found that wait times for responses were short, and the customer care agents are patient, friendly and professional.

Licensing & Security9

Did you know that there is currently no regulated online sports betting market in Canada? This means that although bettors are still able to gamble at international betting sites, there are no locally-approved bookmakers. For this reason, you must be careful to choose a site that is fair, safe, ethical and secure. The ony way to do this is to only gamble with licensed bookmakers.

Sportsbet.io sports betting has been licensed by the Government of Curaçao which is a well-known and trusted regulator. As a part of its licensing, it has had to prove that its users’ data is protected through the use of SSL encryption technology. The site also works with the IBAS to guarantee that it is dedicated to eradicating sports corruption.

The site also collaborates with responsible gambling organizations to ensure vulnerable players are protected. This means that it uses KYC verification technology to prevent underage gamblers and offers self-exclusion and deposit limitations. We have only docked one point as it’s not yet licensed in Malta or the UK — the two best regulators.

Bonus Points7

As we near the end of our Sportsbet.io review, it’s time to award some points for areas of excellence that we have not yet covered in the other criteria. This bonus round highlights features such as sports sponsorships, industry awards, bonuses and promotions, extra markets and live streaming.

The only thing bonus feature the site does not offer in Canada is live streaming. This is acceptable to us as live streaming is quite rare at Canadian bookies. As for sponsorships, we’ve mentioned already its partnerships with major international soccer teams — it even won the SBC Award for Sponsorship of the Year in 2020.

• Live Streams 0/3
• Sponsorship 3/3
• Awards 2/2
• Extra Markets 1/1
• Bonuses 1/1
• Bonus Points 7

The site was also nominated for Brand of the Year at the prestigious 2021 EGR awards. If you’re interested in uncommon markets such as esports or novelties, this operator has you covered. It also offers frequent promotions and rewards schemes to new and loyal players.

Conclusion

Sportsbet.io is a site that impressed us with its great selection of sports and leaguesand its slick, professional and well-designed betting platform. The Sportsbet.io odds are fair, whether they’re for major events or lesser-known markets such as eSports. The payment options are vast, particularly when wagering with crypto.

The functional bet slip tool was one of the highlights of our Sportsbet.io review and makes singles or multiples wagers pain-free and fast.. The platform is truly accessible to all players, no matter the level of their betting experience. In particular, the In-Play betting tab is well-categorized and easy to navigate.

The lack of live streaming is perhaps the biggest weakness to the site, but we also acknowledge that this is quite common with some of the other top Canadian betting sites. We also believe that an additional license from the MGA or UKGC would add further credibility, though this is not to say it isn’t already trustworthy.

FAQs

We’ve provided you with a quick overview of answers to common questions asked about the Sportsbet.io sports betting site. In each answer, we’ve provided a jump link to the relevant sections of our review so you read a more detailed explanation. If you still have any unanswered queries after reading, send us an email to info@bestbettingsites.com and we will get back to you ASAP.

 📺 Can I place a live bet at Sportsbet.io?

  Yes, you can place a live bet with Sportsbet.io. You can find the in-play odds for plenty of the most popular betting markets through Sportsbet.io’s in-play betting platform. Just click on the odds to add them to your bet slip and be sure to place them quickly — live odds are subject to fluctuate quickly.

 🏆 Does Sportsbet.io have a welcome bonus?

  Yes, Sportsbet.io has a welcome bonus for new players. You can claim this  welcome offer at the sign up stage after your identification documents have been verified. You can use the link provided to ensure your bonus is available at sign-up. Be sure to read the terms and conditions to ensure that you qualify.  

 🔍 What are the Sportsbet.io odds levels like?

  The Sportsbet.io odds are competitive with some of the top bookie’s odds in Canada. Often, they are some of the best on the market for pre-match and in-play matches. Although live markets require you to react quickly to the events in real-time, we suggest you do an odds comparison before any pre-match bet.

 💻 What are the customer service options available at Sportsbet.io?

  The available customer support options include an email address and a 24/7 live chat. In our experience, live chat is the fastest and most convenient option. We were pleased to discover that support is available in a huge number of languages, including English, German, French and Spanish