Is LOOT.BET Legit? [LOOT.BET Esports Review]
Is LOOT.BET Legit?
LOOT.BET is a legit betting site and, by many standards, one of the best esports bookies in the industry. Here are 5 reasons why we’re sure about its legitness and safety:
- LOOT.BET is operated by Livestream Ltd. and owned by Livestream Gaming Ltd (a reputable esports brand from Cyprus)
- It is indirectly owned by a public company, Intema Solutions
- LOOT.BET has been operating since 2016
- It owns a Curacao Gaming Licence (365/JAZ)
- According to similarweb, LOOT.BET has over 100k monthly visitors
If you're wondering whether LOOT.BET is a legit esports betting site; you have to ask yourself if you have ever heard of its name before. And the chances are that you have. LOOT.BET is one of the most recognisable names in the esports betting world, and it didn't earn that recognition for offering mediocre service.
LOOT.BET.BET has sponsored many esports tournaments in the past and even hosted its own Dota 2 and Counter-Strike: Global Offensive events, most notably LOOT.BET/CS, LOOT.BET Smack my Beach Cup, and LOOT.BET Cup.
Moreover, you will find LOOT.BET featured on many prominent esports betting sites and blogs, and this esports bookie will frequently pop up on broadcasts of some of the biggest esports tournaments.
As an esports bookie that is well-respected in the esports world and has been operating since 2016, LOOT.BET has to be doing something right. We will go more in-depth into its reputation, safety and the quality of the service it provides, but to end this section of the review, we can confirm that LOOT.BET is a legitimate esports bookmaker.
LOOT.BET Welcome Bonus And The Best Promo Codes
As you would expect from a reputable online esports bookmaker, LOOT.BET offers a welcome bonus in the form of a 100% Matched Deposit Bonus, available for all new users of the website.
Although a 100% matched deposit bonus is not outstandingly great, you can get a lot more value from it by using our exclusive Bonus Code "TGG". You will receive much more favourable conditions with it, and you can also use the code for a 10x rollback!
By using our LOOT.BET Promo Code "TGG", you will be able to activate the 100% matched deposit bonus with a minimum deposit of €10 (max €100) or equivalent to any other currency, including USD, RUB, PHP, UAH, BRL, or cryptocurrencies in BTC, ETH, BCH, and LTC.
Once you activate the bonus, you will be required to meet the 10x rollover requirement by betting on esports with single or multiple bets, albeit at odds of no lower than 1.79.
How To Claim LOOT.BET Welcome Bonus & Bonus Code
LOOT. BET's 100% matched deposit welcome bonus is very simple to get ahold of, and you only need to take a few simple steps to do that. Here is what you need to do:
- Create an account with LOOT.BET.
- Click on "Deposit" and choose the currency in which you wish to make your first deposit.
- Pick your preferred deposit method and Use Welcome Bonus Code "TGG" in the "Bonus Code" box.
As a friendly reminder, you will have 15 days to fulfill the 10x rollover requirement, which might seem like a small amount of time, but thanks to a generous selection of esports betting options on LOOT.BET, you should be able to do so well before the two-week mark.
LOOT.BET Bonus & Promotions (4/5)
LOOT.BET welcomes all new users with the generous 100% matched deposit bonus (up to €100), but it also takes care of its existing users with ongoing promotions and other offers. During our site testing, we found only one other promotion, which was essentially the exact copy of the welcome bonus (100% matched deposit up to €100). However, it was meant for the already existing customers.
That was the only other offer available on the site; however, that doesn't mean that LOOT.BET doesn't care about offering promotions and other goodies. The latter was an exclusive promotion for ESL Pro League Season 15 – a CS:GO tournament that was running at the time – suggesting that LOOT.BET has special offers ready every time a big esports event is on the schedule. We asked customer support to confirm that and got informed that LOOT.BET does, in fact, constantly update its offer of promotions.
So even though LOOT.BET does not have as many promotions ready as Rivalry, ThunderPick, or GG.Bet, it always has something ready when a well-known esports event is around the corner. And we can't forget to mention that LOOT.BET has alternative ways for you to receive free bets or other goodies – with Daily Quests.
The Daily Quest feature is a nice and unique addition to LOOT.BET, which give you a special task you need to complete to receive the reward. Most commonly, the quests will be straightforward and will only require you to wager a certain amount of money on any esports or on a particular league – so basically, you only need to bet on esports.
LOOT.BET even has weekly competitions any esports bettor can join. The idea is simple – you earn points based on your betting activity on LOOT.BET, and earn cash prizes (up to €3,000) based on your placement on the ladder.
Overall, LOOT. BET's bonuses and promotions are solid, and we liked the weekly competitions and the addition of the Daily Quests, which can add another layer of excitement to your betting endeavour. However, since LOOT.BET does not have as many promotions as other esports betting sites, nor does it have a VIP program; we have to deduct a point.
Reputation & Safety (5/5)
Throughout all of our reviews of esports betting sites, very few had a positive rating on online review sites, and even fewer had a rating of 4/5 or over. But LOOT.BET is an exception.
With an incredible 4.2/5 rating, LOOT.BET is clearly well-liked among esports bettors, and it's not hard to see why. As already mentioned, LOOT.BET has been around since 2016 and has, over the years, amassed a large following of esports bettors, who helped LOOT.BET solidify itself as one of the best esports betting providers in the industry.
It is also important to note that LOOT.BET is owned by Livestream Gaming Ltd, a well-known company in the esports world. Moreover, Livestream Gaming Ltd was in May 2021 acquired by Intema Solutions, meaning LOOT.BET is now owned by a public company. That alone is a reason enough for anyone to feel safe using LOOT.BET, but we have to dig a bit deeper.
As you might have guessed, LOOT.BET is a licenced esports bookmaker that operates under Curacao Gaming Licence (365/JAZ). We were not too excited to learn that LOOT.BET owns a Curacao betting licence, but we have to acknowledge that the 365/JAZ is one of Curacao's better master licence holders.
So while we would like to see LOOT.BET own a more reputable betting licence – such as MGA or UKGC (Midnite) – that doesn't change the fact that we would trust LOOT.BET with our money. There is a reason why LOOT.BET is one of the most respected esports bookies globally, and as a site that is owned by a legitimate business, there is little to no reason for LOOT.BET to scam its users.
LOOT.BET is as safe as it gets.
Esports Markets and Odds & Betting Features (5/5)
Very few esports betting sites will offer you as good of a betting experience as LOOT.BET. And that's not an exaggeration.
LOOT.BET does so many things right that it might seem like this is a biased review, but you have to trust us that it isn't. LOOT.BET just seems to know what esports bettors want, and that includes excellent coverage of all esports betting titles.
On LOOT.BET, you can bet on 27 different esports titles - trumping even betting giants such as Marathonbet and lesser sites such as NoxWin. That includes Counter-Strike: Global Offensive, Dota 2, League of Legends, Rocket League, Valorant, Call of Duty, King of Glory, Mobile Legends, NBA2k, Hearthstone, StarCraf, Overwatch, Rainbow Six, StarCraft II, Heroes of The Storm, FIFA, Dota Underlords, PUBG, SMITE, Arena of Valor, Street Fighter V, Quake, PES, NHL, Tennis, League of Legends: Wild Rift, and Halo.
Suffice to say, LOOT.BET covers every esports title you could ever wish for and does so surprisingly well. There are more than enough betting markets available, the odds are very competitive, and there are more bet types you will ever need.
How about live betting? LOOT.BET has that as well! And not only does it offer live betting, but LOOT. BET's live betting option is one of the best we've seen. During our testing of the site, the in-play odds were constantly available, and we were able to bet on anything – who will win the next round in CS:GO, to which team will destroy the next turret in LoL, and much more.
When it comes to esports market offer and betting features, LOOT.BET is to most other esports bookies what Burj Al Arab is to other hotels.
LOOT.BET is a perfect esports bookie for every CS:GO bettor who seeks an excellent betting experience, with competitive odds and enough betting markets to be able to bet on anything he wishes.
During our testing, we have found that LOOT.BET accepted bets on 17 different CS:GO tournaments, including all tiers of events, from S-Tier to minor, C-Tier tournaments and leagues. Moreover, the odds quality was surprisingly good, and we were able to find all bet types – including moneyline, handicaps, totals, map betting, proposition bets, and even correct score bets.
Suffice to say, LOOT.BET offers everything a CS:GO bettor would like!
League of Legends Betting
We don't have anything bad to say about LOOT. BET's coverage of League of Legends. Its coverage of LoL is just as good as its CS:GO offer, meaning it covers all LoL leagues and competitions, has more bet types available than you could wish for and on top of it all, offers very competitive odds.
On LOOT.BET, we were able to bet on all major LoL leagues and even regional competitions, and we had no issues finding the bets we wanted to place. Do you want to bet on how many turrets a team will destroy? You can do that. Or maybe you want to bet on how many kills will a team score. And yes, you can do that as well.
We tested LOOT.BET, while most of the Dota 2 scene was on break, but we were still able to find betting markets on four Dota 2 tournaments. That included events we didn't even know existed, which tells a lot about how good LOOT. BET's Dota 2 betting market is.
We don't want to sound like a broken record, but we liked what we saw when looking over LOOT. BET's offer of Dota 2 betting options. The odds quality was excellent, and the offer of bet types was more than generous. To avoid repeating ourselves and praising LOOT.BET too much; we'll simply say that any Dota 2 bettor will be happy to use LOOT.BET for his betting needs.
Besides CS:GO, LoL, and Dota 2, LOOT.BET also covers Rocket League, Valorant, Call of Duty, King of Glory, Mobile Legends, NBA2k, Hearthstone, StarCraf, Overwatch, Rainbow Six, StarCraft II, Heroes of The Storm, FIFA, Dota Underlords, PUBG, SMITE, Arena of Valor, Street Fighter V, Quake, PES, NHL, Tennis, League of Legends: Wild Rift, and Halo. And you shouldn't be surprised to hear that the offer on all other 24 titles is just as good as on CS:GO, LoL, and Dota 2.
User Experience (5/5)
LOOT.BET has a very simple betting platform, which works as intended and does what it's supposed to – allowing you to place bets easily, fast, and without any added hassle.
On the site, you can also change the timezone and the odds format, but outside of that, you won't find any unique features, and that's completely fine. Sometimes less is more, and LOOT.BET is a prime example of that.
All in all, LOOT. BET's site is clean, and it does not try to show too much at once, making it very easy to find what you're looking for. Even the betting markets are neatly displayed, and the only reason why you might find yourself lost is that there are so many bet types available that they fill up your entire screen. So you could say that LOOT.BET is suffering from success in that department.
Due to how popular mobile betting has become, all online esports bookies need to have a mobile betting app available, which LOOT.BET does for both iOS and Android devices. We tested the mobile app and found no issues whatsoever - like the website; the mobile betting app is responsive, fast, stable, and efficient.
We have found nothing on LOOT.BET that we didn't like, so it's only fair to give it a 5/5 rating for the user experience it can provide.
Customer Support (5/5)
Continuing the trend of doing things like they should be done, LOOT.BET has an excellent customer support department. For the most common questions, you should always first check the FAQ section, which you can find at the bottom of the page.
We checked the FAQ section, and it soon became clear that it wasn't made to help you solve any complex issues with the site. Instead, it focused on answering basic questions, such as how old you must be to bet on LOOT.BET, in which countries the bookie isn't available, etc.
But even though LOOT. BET's FAQ won't help you resolve any major issues; that isn't a problem since you can always contact live support by clicking on the icon in the bottom right corner of the screen. We tested the live chat function, and we were impressed. We got connected with an agent within seconds, and we did not struggle to get the answers we were looking for.
Although LOOT. BET's live support is good enough to help you resolve any issues (24/7); you have other options available as well. Besides the live chat, LOOT.BET also offers customer support via email ([email protected]), and it even has a phone number (+357-22-008790). Admittedly, the phone contact won't necessarily help you resolve issues faster than contacting agents via a live chat. Still, it does show a certain level of professionalism, rarely seen on other esports bookies.
The customer support department is another area where LOOT.BET excels.
Deposits & Withdrawal Options (4.5/5)
As an esports bookmaker owned by a reputable company, you can rest assured that your money is with LOOT.BET is safe. So you should have no fears depositing funds into your betting account, which is simple and straightforward.
With LOOT.BET, you are able to deposit money in 10 different currencies, including EUR, USD, RUB, PHP, UAH, BRL, and four cryptocurrencies in MBTC, ETH, BCH, and LTC. Moreover, there are plenty of deposit options available, but some banking options are limited by location.
We found only six deposit options during our testing, including ADVCash, Skrill, NETELLER, PaySafeCard, Perfect Money, and SkinPay. That is obviously not great, but we have to emphasise that LOOT.BET has way more deposit methods available. These include VISA/MasterCard, MNP, EcoPayz, Yandex Money, WebMoney, Trustly, PayOp, and crypto deposits.
If you want to withdraw money from your LOOT.BET esports betting account, you can only use the same options that are available to you to deposit money – in accordance with European anti-money laundering legislation. Unfortunately, since most options are location-limited, we can't know how many you will able to find.
Nevertheless, more than enough methods are available for anyone to withdraw and deposit money from and into LOOT.BET. And we have to give LOOT.BET special praise for accepting not only crypto but also payments in CS:GO and Dota 2 skins. Since some banking options are location limited, we have to deduct half a point, but that doesn't take away from the overall quality of LOOT. BET's banking department.
LOOT.BET Casino (3/5)
If you get bored betting on esports on LOOT.BET, you are just one click away from exploring its generous offer of casino games. We weren't able to verify how many casino games are available on LOOT.BET, but after spending some time looking through the offer, we can confidently say that there are enough casino games to keep you entertained for a very long time.
One thing we did not like is that there is no way for you to filter games by category - instead, LOOT.BET only allows you to browse through casino games by which are currently popular, trending and new. We also found two exciting categories in "Generous" and Accumulating."
We investigated further and found out what Generous and Accumulating games actually are, but the answer is probably not as exciting as you might have expected. Generous games can give out winners constantly but in smaller sizes, whereas the Accumulating games tend to not payout for a long time and hand out a big winner after a while.
We tested a few casino games, and we can't say we were disappointed. Each game worked smoothly, without any hiccups, and that's all you can wish for. Furthermore, we were happy to see all casino games on LOOT.BET have a demo version, so you can try them out before you risk your money.
But while LOOT. BET's casino offer is generally solid; it does not have a provably fair system, which is a problem. We don't believe LOOT.BET has no intentions of scamming its customers and risking its reputation. Still, if a bookie doesn't have a provably fair system, i.e. does not offer customers to check if the games they've played are actually fair, we can't give it a much higher rating than 3/5.
LOOT.BET is everything you could ever wish for in an esports betting site. It has an exceptional coverage of esports, competitive odds, and enough betting markets for you to bet on whatever you wish. LOOT.BET is an esports bookie we would recommend to anyone, but we would also like to remind you to bet responsibly.