BetOnBit review – How good is BetOnBit esports for CSGO betting?
Bonus: No Deposit Bonus
Welcome to our BetOnBit esports betting review. Here we will take a look at what kinds of CSGO odds this site has, and we will see how easy it is to use the BetOnBit esports betting service. There are plenty of dedicated counter-strike betting sites out there, but by reading our BetOnBit review, you will quickly be able to see where this betting site ranks and you will get the answer to the question of ‘is BetOnBit legit’?
The BetOnBit esports betting service was launched by Veritas Limited in February 2017. Since then, the Malta-based company has made a big deal out of promising its customers the best odds, as well as full cryptocurrency support, and a range of special esports features. But is BetOnBit really ‘the most comprehensive esport betting website in the world’?
Our BetOnBit esports betting review will judge this claim by looking at the brand’s current range of CSGO odds, and we will see how everything from in-play betting to welcome bonuses could boost your profits. Is BetOnBit legit? In order to answer this important question, we will take a look at the brand’s licensing, customer support and payment methods. And with inspections of the BetOnBit esports betting limits and mobile offerings, our BetOnBit review will tell you all you need to know about this betting site.
- A new way to bet on esports
- Licensed by Government of Costa Rica
- Competitive CSGO odds
- Easy to use
No welcome bonus but get prizes on the BetOnBit leaderboard
The first thing that our BetOnBit took a look at, was the brand’s special promotions. Most esports betting sites include a welcome bonus for new customers, but at the moment it looks like there is no BetOnBit esports sign up offer.
Instead of this, all customers are automatically entered into the BetOnBit leaderboard where you get to pick up special XP points that can be used to get some decent cash prizes. The leaderboard is a rolling monthly competition where you get XP points for your betting behaviour, and it doesn’t matter whether you win or lose your esports bets.
We should mention that only bets made with real money or cryptocurrencies will make an impression on the leaderboard. But if you manage to bet enough to get in first place, then you stand to pick up €100 in cash prizes. There are prizes for the top four-placed customers, and it’s a great way to add something extra to your CSGO bets. Terms and conditions apply, 18+.
Plenty of CSGO bets here
As the BetOnBit esports betting service aims to be the most comprehensive resource in the world, we were keen to test that claim by looking at their betting markets for CSGO. Thankfully, it looks like BetOnBit have a massive range of Counter-Strike bets on offer. These cover all top esports tournaments ranging from the ESEA Europe clashes to the United Masters League and the NoxFire League.
What particularly impressed us was the amount of betting markets for each distinct CSGO clash. For a Loot.bet CSGO clash between Avangar and Windigo we found no less than 92 different betting markets that was one of the biggest choices that we’ve ever come across. This meant that you could wager on simple things like match winner, to bet on the winner of each game, total points, and try a range of handicap betting options. Whilst there weren’t any options for special CSGO bets like first team to get a kill, it was still an impressive selection.
Basic email support for customer queries
Most of us need to get a little help with making our CSGO bets every now and then, and our BetOnBit review was keen to see what kinds of customer support facilities the esports betting site has. Unfortunately, it looks like there is only an email support form on the BetOnBit website at the moment, which is less than some rival betting sites where customers get to enjoy options such as live chat and telephone support.
Thankfully, you can also get help with your BetOnBit esports bets by using the site’s FAQ section. This has a brief but handy selection of articles ranging from advice on using Bitcoin deposits, to making your first withdrawals. In addition to this, you can always reach out to BetOnBit via their social media channels on Facebook, Twitter and VK. All of which should help you to make a good start on your CSGO bets at BetOnBit.
Fair choice of payment methods but watch out for fees
If you want to make a deposit to fund your CSGO bets, BetOnBit provide you with good range of real money and cryptocurrency payment options. These include standard credit and debit cards such as MasterCard and Visa, popular e-wallets like Neteller and Skrill, prepaid cards such as EntroPay, or you could even use cryptocurrencies like Bitcoin and Ethereum.
BetOnBit state that all deposits should take place instantly, and the brand mention that your funds can be withdrawn after 24 hours. There’s no information on the BetOnBit site about minimum deposits and withdrawals, but we found some facts about withdrawal fees that are worth making a note of. Simply put, you are allowed one withdrawal per month completely free, but if you want to make a second withdrawal within the same month, then BetOnBit state that you will get charged 4% of each following transaction.
(Read also our Bitcoin Betting Guide)
SECURITY AND SAFETY
Is BetOnBit legit? Find out here
We all know that using an esports betting site without a license is a pretty bad idea. But we found that BetOnBit are licensed for online gaming by the Government of Costa Rica. This looks like you should get a fair degree of customer protection, but perhaps not as much as if a full UK Gambling Commission license was in place.
Thankfully, it looks like the BetOnBit esports betting website has full https encryption so that your deposits and personal data will be kept safe. Unfortunately it looks like there aren’t any responsible gambling tools on the BetOnBit site, but they have included a handy link to responsiblegambling.org in the footer of their site so that you can get help with keeping your CSGO bets under control.
Can BetOnBit’s esports odds keep up with the competition?
We love to compare different betting sites’ CSGO odds to see who is really willing to give you bigger profits. In order to test BetOnBit’s odds, we carried out a quick odds comparison test. This put BetOnBit up against the Arcanebet site for a CSGO clash between ex-Fragsters and Team Spirit in the ESEA Europe tournament.
Our odds comparison test found that BetOnBit were willing to give you odds of 2.28 for an ex-Fragsters win, which was better than Arcanebet’s odds of 2.19. For a Team Spirit win, BetOnBit were giving you odds of 1.54 which wasn’t quite as good as Arcanebet’s odds of 1.60. All of which shows that BetOnBit are certainly capable of keeping up to the competition when it comes to Counter Strike betting odds.
INTERFACE AND DESIGN
Stylish esports betting site
Loading up the BetOnBit site reveals a homepage that puts you straight into the betting action. It highlights the upcoming esports betting matches, and shows off the latest gamer-friendly skins and provides a quick tutorial in how to make the most of the site. Locating the CSGO bets is fairly simple, as you just have to click on the Betting link in the navigation bar at the top of the page.
Some of the features on the BetOnBit site might be a little different to other betting sites. This is because BetOnBit is packed with special features like the leaderboard and auction houses, and it’s a good idea to take a look at the special video tutorials so that you can understand how to make the most of what the ‘Blacksmith’ has to offer. There’s no BetOnBit app currently available, but the site loads quickly and looks great on the smaller screen of a mobile or smartphone.
How good are BetOnBit’s esports live odds?
In-play betting is a huge hit in the world of esports, and so we were very surprised to find that BetOnBit didn’t seem to include any CSGO live betting odds. This could have been just a result of when we carried out this BetOnBit review, but the brand run the risk of losing many potential fans unless they include some in-play betting options in the future.
Everything else in the BetOnBit prematch betting options seems to be in place, and we hope that in-play betting makes an appearance at this promising esports betting site soon.
How much can you win at BetOnBit?
In order to let you know how much you can win with a CSGO bet at BetOnBit, we took a look through the brand’s terms and conditions. We discovered that the most you can win with an esports bet at BetOnBit is a relatively modest €1,000.
This is a much smaller betting limit than you can expect to find at other betting sites where you can win significantly higher amounts. Whilst getting up to €1,000 on your CSGO bets isn’t bad, if you are in the mood for making a massive profit, then you might want to look elsewhere.
OTHER SPECIAL FEATURES
Purely esports bets here
As BetOnBit have set themselves the task of being the world’s most comprehensive esports betting site, it’s little surprise to find that they keep it all about competitive gaming. As a result, you won’t find any sports betting options here, and there’s also nothing in the way of casino games.
Thankfully, BetOnBit have an excellent selection of odds for other iconic esports such as Dota 2, League of Legends and Overwatch. Plus they have a great blog to keep you up to date with all of the latest developments in the dynamic world of esports.e Elite Lounge, it should give you all you need to stay thoroughly entertained.
Important findings in our BetOnBit esports betting review
BetOnBit have only been around for a couple of years, but they have already made a strong start in their bid to be a top esports betting site. We found that their CSGO odds are very competitive, and they cover all of the biggest tournaments for this classic first-person shooter. Navigating the BetOnBit website was fairly straightforward, and even doing unusual tasks like visiting the site’s blacksmith quickly made sense after checking the video tutorials.
We hope that BetOnBit make some efforts to upgrade their Costa Rica license in the future so that customers can enjoy greater protection, and if they could remove those annoying fees on withdrawals, we think that BetOnBit should have no problem in taking on the competition.