LeoVegas Review: Odds, bonus and offer
Despite having only been established back in 2012, LeoVegas European bookmaker LeoVegas has already established itself in the competitive gambling industry, with their sportsbook and casino helping them to attract a significant customer base in their short time in operation. However, before we get into every aspect of their operation, let’s first take a closer look at LeoVegas’ history, as well as their achievements to date.
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Having initially been launched back in 2012 as an online casino, LeoVegas introduced their sportsbook in a bid to compete with some of the biggest names in the world of betting. LeoVegas was founded in Sweden by Gustaf Hagman and Robin Ramm-Ericsson, however they are now based in Malta, as well as having offices in both Stockholm and London. Holding a license from the UK Gambling Commission and the Malta Gaming Authority, LeoVegas has already established itself as one of the most trustworthy and safe betting platforms around.
Back in January 2016, LeoVegas also announced that they were to team up with sports betting specialists the Kambi Group, who already work with the likes of Unibet and 888Sport, in order to develop their sportsbook. As a result, LeoVegas were floated on the New York stock exchange the same year, attracting over 30,000 investors in the process. With LeoVegas looking to make a major impact in the sports betting industry, this review will take a look at all areas of their organisation, taking an in-depth look at their services and features. Let’s first take a closer look at some of the positive and negative factors surrounding LeoVegas’ operation, before we kick-start our review in full.
Pros and Cons of LeoVegas
As part of our review, we have taken a detailed look at all aspects of LeoVegas’ operation, with everything from their range of markets, website usability and customer service having been taken into consideration. As part of our LeoVegas review, we found the following positive and negative factors:
- Trustworthy and secure betting platform
- Large number of sports markets
- Excellent mobile functionality
- 24/7 customer support
- No live-streaming capabilities
- Lack of welcome bonus for new customers
Betting Markets & Odds Quality
Our LeoVegas review has found that despite being relatively new to the industry, the bookmaker has already introduced a significant amount of betting markets. LeoVegas now have over 33 separate sports markets, with everything from traditional disciplines including horse racing and tennis to diverse events such as Esports and Gaelic Games on offer. Meanwhile, LeoVegas also cater for punters with other interests with their politics and current affairs markets.
In our review, we found the following sports markets available for wagering upon:
- American Football
- Australian Rules
- Basketball and many more
In terms of the odds that are made available to customers, LeoVegas’ partnership with Kambi Sports Solutions has only enhanced their offerings. Thanks to their years of experience within the industry, LeoVegas are able to offer fair, yet competitive odds, despite not necessarily being unique. Customers are LeoVegas will also be pleasantly surprised by some of the profit margins in which they are able to take advantage of when using this ever-growing sportsbook.
Website & Mobile App Usability
Both the LeoVegas website and mobile app offer a supremely straight-forward platform in which to bet on. Despite not being the most visually pleasing or graphically inclined, the LeoVegas sportsbook allows for quick wagering, as well as easy navigation between markets. Odds can be displayed as fractional or decimal depending on your preference, while users can also customise their account to either accept odds changes or request approval before placing a bet. Live-betting and live-streaming options are accessible from the top of the page, alongside the most popular sports markets. Customers can also easily move between the sportsbook, casino and live casino.
If mobile betting is something that you are interested in, and for many nowadays it certainly is, then you will be pleased to know that LeoVegas have an effective app, that is available for both casino and sports users to utilise. Despite many still preferring to use their desktop devices when placing a bet, the ability to bet on-the-go through a mobile app is gaining in popularity. With all of the same features as found on the LeoVegas main site also available on the app, there is no reason to ever miss out on an opportunity to win big. Unlike the LeoVegas desktop site, the mobile app has a powerful interface, making it easy for customers to navigate between different markets. The app is available to download from both the Apple Store and Google Play, meaning that iOS and Android users can take advantage of its features and services. As well as this, the LeoVegas site is mobile-friendly, albeit it a little difficult to use on such devices.
In-play betting and live-streaming are both also available on the app, meaning that customers can both wager and watch sporting action on their device, without having to think about any decrease in quality.
Betting Coverage, Live Betting & Live Streaming
Football features heavily at LeoVegas, with their coverage up there with the very best in the business. Each international and club-based competition from across the world are available, with popular markets including match winner, first goalscorer, correct score, handicap betting and outright tournament winners. LeoVegas also provide their users with some useful stats surrounding upcoming matches, including recent form, head-to-heads and players involved, perfect for those who like to research before wagering.
Tennis is another popular market at LeoVegas, with their coverage once again of the highest quality. From grand slam tournaments including Wimbledon and the US Open, to events from the challenger and future series’, fans of both the men’s and women’s game are in for a treat at LeoVegas. Meanwhile, the likes of rugby and cricket are gaining in popularity all the time at LeoVegas, along with sports such as boxing and MMA.
LeoVegas have also made significant progress within their in-play markets, with a wide range of popular sports now featuring in this area of their sportsbook. In order to access the in-play area, customers must click on the ‘Live-Now’ tab at the top of the page, where they will be greeted by a huge amount of markets. Despite popular markets such as football and tennis tending to dominate daily live-betting proceedings, sports such as beach volleyball, Aussie Rules and Rugby League are gaining in popularity, demonstrating the diversity offered at LeoVegas.
Although live-streaming was not initially a service in which customers could take advantage of, this is an area in which LeoVegas have spent a substantial amount of time and effort upon. Despite not holding the rights to stream many major competitions from around across Europe, football and tennis fans will still find more than enough action to keep them occupied, with daily schedules making it easy for customers to plan their viewing. The ability to simultaneously bet on and view sporting action from around the world has become increasingly popular in recent years, with sportsbook not offering any live-streaming services suffering dramatically as a result.
LeoVegas also provide a whole host of promotions and offers in a bid to ensure customers remain loyal to them. As many of you will know, nothing attracts more interest in a sporting event than an enticing welcome bonus, however unfortunately LeoVegas do not currently provide anything in this area. However, football again features heavily when it comes to ongoing promotions for existing customers, with the likes of rugby, cricket and tennis also beginning to receive more attention.
Some offers run for specific sports events or over a certain period of time, such as cashback offers for tennis or football accumulator insurance. Double profit boosts and enhanced odds are also regular promotions made available to customers at LeoVegas. There are also a range of weekly competitions, where customers can win prizes away from the world of betting.
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Payments – Deposits & Withdrawals
Both depositing and withdrawing funds at LeoVegas is extremely simple, with a number of banking methods to choose from. In order to ensure that you have money in your account to wager with, there are a number of options when it comes to making a deposit. As well as the traditional credit or debit cards and bank transfers, modern e-wallet style platforms, including PayPal and Neteller are also available, each of which will vary in time when it comes to transactions. Once funds are in your account, you can begin to use the money within ten minutes, however those using e-wallets may have to wait up to 20 minutes. In order to transfer funds, customers must click on the ‘deposit’ tab, before selecting from a choice of payment options from the list provided.
Meanwhile, when it comes to withdrawals, the process is also relatively easy to get to grips with. Simply log into your account and click on the ‘services’ tab, before locating the ‘withdraw’ tab within the banking section. Depending on the method of banking in which you have chosen, the receipt of funds can take anywhere between just a matter of hours and several days. Credit and debit cards normally hold a transaction time of between 3-5 days, while PayPal payments will be received within just a matter of hours.
Customer service, Security & Reliability
LeoVegas are quick to deal with any issues or problems that arise thanks to their efficient customer service features. Available 24/7 throughout the year, customers are able to reach a member of the LeoVegas team via email, telephone or live-chat. The LeoVegas site available in English, as well as a host of other languages, however the toll-free telephone number is only available to those within the UK, meaning that those in Nigeria must use other methods of communication. Although issues do not often arise as a result of LeoVegas’ effective sportsbook operations and easy-to-use interface, on the rare occasion that customers are forced to seek help, response times are generally very good. However, for those looking for rapid assistance, the LeoVegas live-chat feature is undoubtedly the best option.
Customers can rest assured that despite their lack of experience within the industry, LeoVegas are a trustworthy platform in which to carry out your sports betting at. Fully licensed and regulated by both the UK Gambling Commission and the Malta Gaming Authority, as well transactions being backed by a state-of-the-art SSL encryption, all transactions processed at LeoVegas are completely secure, no matter what your preferred payment method is. As always, betting at LeoVegas is only available to those over the age of 18, while the company also try to ensure that betting is carried out smartly, with spending limits being able to be set. Customers will also be asked to verify their identity upon registering, which could involve providing further documentation via email or post.
For a bookmaker who are relatively new to the market, LeoVegas offer a large number of betting markets, with their coverage also something that is likely to appeal to many. Meanwhile, customers are able to deposit and withdraw funds using a wide range of banking options, including increasingly popular e-wallets such as PayPal. Our review also found a variety of promotions and offers in which punters can utilise, helping to both add to winnings and miminise losses. Mobile users are also in for a treat, with the LeoVegas app allowing for bets to be placed quickly and easily, while also offering additional features, similar to those found on the main desktop site.
Our sportsbook review has certainly demonstrated that LeoVegas are an organisation that are set to continue to make a mark in the world of online betting. Whilst perhaps not providing the glitz and glamour of the more established bookmakers, LeoVegas understand what they are good at, and play to their strengths. With a design on both the desktop site and mobile app aimed at optimising the experience of players, users are able to enjoy their betting experience. With one of the most detailed number of sports markets around, alongside some competitive odds, LeoVegas are only set to go from strength to strength. Having already introduced live-streaming due to popular demand, it is only a lack of welcome bonus at present that comes as a disappointment. LeoVegas are now viewed as one of the most innovative sportsbooks around, helping them to diversify from the rest of the market. Given their dramatic growth within their sportsbook over the past 12 months, it will certainly be interesting to see what other services and features in which they will add in the near future, with many potential customers on the lookout for a new sportsbook.