Sports Markets and Betting Types
Overall, LV BET provide an all-encompassing betting market. In addition to the popular football, tennis and golf markets, you can find less-widely followed options such as e-sports, handball and baseball. They are also well-equipped with their betting specials options, serving the interests of punters betting on outcomes of high-profile political elections and TV shows!
|The Most Popular Markets at LV BET
||ICC World Twenty20
||ICC World Cup
||The OPEN Championship
||France Top 14
|UEFA Europa League
||The Rugby Championship
Whilst the depth of the popular markets is impressive at LV BET, the coverage of fringe sports is lacking compared to some of the more established bookmakers. Horse Racing along with Greyhounds, as previously mentioned, fails to appear within the Sportsbook. For that reason, we have to be cautious when lumping praise on LV BET for sports market variety – racing is just something the modern punter has come to expect at any high-quality bookmaker, despite the considerable options available across the other sports the absence of racing remains a primary weakness of the LV BET sportsbook.
When it comes to fixture specific markets, LV BET are consistently pushing betting options to the maximum across all popular domestic football games, as well as the less popular and sought-after fixtures. For the Premier League fixtures punters can find odds on over 100 different markets, including Handicaps, Asian Lines and Card / Corners markets – available both pre-match and through the LV BET live betting platform. This level of detail carries over to other popular sports such as Golf, Tennis and Cricket where customers can find a good level of market variety both pre-match and in-play. For customers looking to place bets on lesser sports well in advance, LV BET tends not to offer prices on these markets until a few days before. This means you might not always be able to find that extra value by laying your bet early at this bookmaker, however this depends entirely on the popularity and demand of the event – so don’t let this minor drawback distract you from the many virtues of the LV BET sportsbook.
In-play Betting and Live Streaming
At the time of writing, this operator does not offer a live streaming service to compliment the LV BET betting platform. This is a feature that is reportedly in the pipeline, and punters can expect this to be implemented in the near future. Nevertheless, LV BET Live Betting is a core strength of the website, the streamlined layout and aesthetically pleasing in-play graphics make for an overall satisfying user experience. Watch this space for regular updates concerning the technological developments at LV BET live betting.
Multiples Betting Options
As expected with a bookmaker managing an elite betting platform, the bet-slip is high functioning and easy to navigate. Selections will fall into place neatly on the right side of the screen as you select them; displaying accumulated odds, total winnings and the number of bets you are making. The user has the opportunity to interchange between three tabs at the very top of the bet slip if they wish to make a Combi bet, Single bet or a System bet. There are tons of variations available here, with the user able to take up to 20 selections. Heinz, super Heinz lucky 15, 31 and 63, patents, Yankee, super Yankee or Canadian and Goliath bets are all present and available in the System tab of the bet-slip.
Bet & Win Limits
When considering where to place your bet it is important to understand the restrictions the bookmaker upon transactions, depositing, and stake amounts. Those small stake players will be happy to know this operator accepts deposits from £10 across a variety of different payment options and have a minimum stake of £0.50.
LV BET Odds Levels 7
For any serious punter, there is perhaps nothing more important to consider than the odds levels. The quality of quoted LV BET odds is another shining virtue of the bookmaker and is what has attracted so many punters to the new bookmaker in the last few years. In fact, of all the bookmakers reviewed here, LV BET is amongst the strongest group of operators who consistently offer great value odds across their entire platform. Take a look at the table below for to see for yourself. Markets such as Football, American Football and Tennis are where new customers will discover the best value. But across the platform, the bookie is always competetive when it comes to pre-match oddds and the live betting service is further bolstered with great odds.
Odds Levels for the Largest Sports Markets
- Cricket91.42 - 92.50%
- Boxing89.76 - 90.39%
- Tennis92.82 - 93.42%
- Ice Hockey92.64 - 93.72%
- Rugby89.35 - 91.60%
- MMA92.46 - 92.98%
- USA Football94.01 - 94.95%
- Basketball91.80 - 92.84%
- Return to Player (%)
As you can see from our calculations in the table above, LV BET odds are some of the best around. Particularly for football, with a top-end of 95.86% – being well-above the market average for odds levels. LV BET also display strong odds in American Football, Tennis and MMA – with top-end odds pricings of 92.98% or more.
The LV BET Betting Platform 7
The moment you land on the website you can see this is a serious bookmaker dedicated to providing its clientele an unrivaled betting experience. The website is responsive, emmaculately designed and very easy to navigate. The top navigation bar allows users to switch between the different sections of the betting platform and even the least technically knowledgable individuals will have no problem cruising through the sportsbook to craft large accumulators or follow the latest developments of live matches. Delving deeper into the sportsbook, users will be able to locate odds on any desired match quickly with the fantastic organisation of the sportsbook. All the various sports are clearly categorised with the relevant icons, and within each sport, matches are neatly broken down into the nation and league the event is being played in. Punters who require, will be able to quickly change language and the format the odds are displayed by looking to the navigation bar at the top and very bottom of the pages.
How to Place a Bet
The bet-slip construction process at LV BET is very much like the overall site surfing expereince – streamlined and easy. It is a perfect example of how an online bookmaker should allow its users to place a bet. Take a look below for our clearly demostrated step-by-step process of placing your first bet at the operator.
-  Make Your Selection(s)Add selections to your betslip by left-clicking directly on the highlighted box
-  Enter Your Stake AmountNow that your betslip is complete, enter your stake amount in the “TOTAL STAKE” field.
-  Confirm Your Selection(s)Check once more that you are satisfied with your stake and selections, then place the bet.
To add selections to your bet-slip simply locate the market in the sportsbook browser, then decide what you would like to bet on, the + symbol on the right side will be followed by the exact number of additional markets you can bet on apart from the standard WIN/DRAW/WIN. You will also see a mini bar-chart logo which will allow you to research the form and records of the two parties involved in the fixture. LV BET have also decided to link the twitter feeds of the two parties involved in the fixture to the statistics portal, so users will be able to have access to all the data, latest news from twitter and the live odds as they are considering the best bet to make. With such a simple and intuitive platform, along with the super advanced statistics portal on each fixture – its no surprise this young bookmkaer is causing such excitement amongst the online community of punters.
Additional Company Info
In this final section we will have a look at the ins and outs of the LV BET business model, how they care for their customers, the licensing & security protocols and any relevant background information that may be useful to LV BET new customers.
The LV BET Business
LV BET were only founded in 2016 making them the newest of all bookmakers reviewed by us. As we’ve made clear in this review, we are particular impressed by many qualities such a young bookmaker possess – from the staggeringly high odds, to the ultra high-tech statistics portal feature in the sportsbook. The company proudly state on their website that they are iGaming lovers, and champion the experience of customers who visit the website.
LV BET, like the majority of bookmakers, are registered and run operations out of Malta. The service can be accessed in tens of different countries across the world and supports 4 different languages. Take a look below for a more detailed breakdown of this bookmaker.
|All About the LV BET Business
||Encryption: AES-256 bit encryption
|Head Office: TA’XBIEX, Malta
||Phone:+356 77 041 568
||License:UK Gambling Commission
|Employees:40 – 50
||Audit Organisation:UK Gambling Commission.
||Anti Money Laundering Controls:KYC
Great Customer Service 7
LV BET truly shares it’s customers passion for iGaming, not only do they provide a first class customer service and excellent assistance, but they promote responsible gambling across the whole platform. During the process of researching this article we contacted them via live chat on several occassions. Each time we engaged with a live agent the information was quickly given to us in a proffesional and friendly manner. They only negative point to mention would be regarding document verificiation, this author’s account took a few days before the verification was processed. Which is not a major issue, but is noticeably slower than many other online bookies.
Licensing & Security 9
The security and encryption protocols in place at LV BET ensure that all your personal data, and transaction details for making withdrawls and deposits are completely safe – all being put through 256-bit encryption. To make sure all this data is protected, LV BET is in compliance with the privacy laws enforced throughout UK gambling. If you have any particular concerns about your rights under this legislation please refer to the UK Gambling Commission policy statement.
Another important consideration for any punter is the licensing an operator utilises. LV BET is operated by Fairload Ltd who are subsequently licensed under the UK Gambling Commission. To ensure all customers are legally eligible to engage in online gambling, LV BET enforce the highly legitimate KYC (Know Your Customer) process. With all these measures in place, you can be confident that making a deposit at this operator will be a fair and secure process.
In this section we will break down the different qualities of LV BET and analyse exactly what sets them apart from the vast competition in the iGaming industry. As it has hopefully become abundently clear by now, LV BET do pretty well across the board, take a look below to see how they faired under the scrutiny of our bonus points scoring system.
- Live Streams.0/3
- Extra Markets.1/1
- Bonus Points.8
Regarding the awards for LV BET, they score incredibly highly across the board – for such a young bookmaker it is really quite remarkable. The operator picks up plenty of points for its fantastic range of markets, high-value bonus and great sponsorship deals. The area it is noticeably lacking is with live streams, the incorporation of this feature is likely to happen in the near future and will elevate this bookmaker to an elite level.
LV BET– The New Guard
We can confidently say they are leading the way for new operators. Their website is beautifully crafted and the LV BET bonus for new customers is a generous offering with potential to be highly-profitable. In the end the absence of live streaming and an in-play cash out function are the only major objections we have to this bookmaker, they have the infrastructure in place to scale their high-tech platform and develop into a top-quality online bookmaker.
Strenghts and Weaknesses of LV BET
- Major Strengths
- high payout rates for football
- large range of markets
- Major Weaknesses
- no live streaming feature
- Minor Strengths
- streamlined mobile app
- Minor Weaknesses
- webiste functionality
- absence of in-play cash out
Full T&Cs Apply! New players after 30.09.2020 | Valid on first Sports bet | Min. dep. £10 req. | Min. £10 wag. on first bet with min. total odds of 3/4 to qualify | Bet must be settled | Bonus Wag. req.1x on min. 2-fold combi bets (min. 1/4 odds each selection) with min. final odds of 4/5 | Virtual bets and cashed out bets do not qualify | One-time offer | Bonuses credited following working day | 18+ | begambleaware.org
When you look and see that this is a bookmaker that has a first-class website, fantastic in-play graphics, a huge market selection, easy deposit processes and market leading odds prices, there is really not much to separate them from the household names of bookmaking. There is enormous potential with this brand, in the next 12 months we expect to see significant technological developments for the LV BET live-streaming service and less restriction upon deposits. When these changes are implemented, its very plausible LV BET will grow into another Malta based leading bookmaker. Head back onto the main sports betting page for a recap of what cements the status of top-class iGaming operators.
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How long does it take for LV BET to process a withdrawal?
The operator will aim to take appropriate action on any withdrawal request within 24-hours. After the payout is sent by LV BET, depending on your chosen withdrawal method the time taken for the funds to reach your account will be between 3 - 5 working days.