PowBet Esport Review
Powbet is still a fairly young sports betting and casino site, which convinces with a wide range of sports. Active in the industry since 2021, the bookmaker with a gambling license from Curacao also accepted payments with cryptocurrencies. The 100% up to €/$200 welcome bonus, as well as the attractive VIP program and the many promotions for loyal players convinced us. Find out what else the sportsbook has to offer in our Powbet sports betting experience.
Pros & Cons of PowBet
- 10% cashback bonus
- Generous VIP program
- Fast payments
- Cryptocurrencies accepted
- Good Esports Coverage
- No App
First and foremost, soccer must be mentioned once again. For German soccer, for example, bets are possible up to the upper leagues and the junior national leagues. Our European neighbors perform just as well. What makes the betting offer at Powbet so strong, however, is only recognizable away from soccer. In total, more than 30 sports are listed at Powbet, with US sports, martial arts, and of course tennis, handball and volleyball clearly being the most lucrative betting options. In addition to that, with winter sports, water polo or squash, there are also some sports listed that are only treated superficially.
The bookmaker has also implemented some special bets so that the excitement can be kept high and a slightly different target group can be addressed in addition to the sports at Powbet. In addition to betting on various elections in Europe and the USA, you can also bet on the winners at the Oscars.
Last but not least, there are the eSports, which are first-class represented at Powbet. Be it FIFA or NBA2K as classic e-ball sports or the popular shooters, such as Overwatch, League of Legends or Counter-Strike, at Powbet not only the selection but also the depth is given. Thanks to a deep range of statistics and corresponding livestreams, sports bettors can also expand their horizons in a sustainable way.
Powbet Bonus – 100% Powbet bonus of up to €/$200
The first moment often decides and this turns out very well according to the Powbet bonus for new customers! All visitors to the website are welcomed by a 100% Powbet bonus of up to €/$200. All that tipsters have to do for this is to complete a full registration and subsequently make a first deposit of at least €/$20.
The bonus and turnover conditions are also not out of the ordinary and are especially appropriate for the amount of the Powbet bonus. Before new customers can receive their bonus, the deposit amount must be wagered once in full at a minimum odds of 1.50. The bonus must be wagered at least once.
Only after regular settlement of the qualifying betting slip and the request to the customer service for the generated bonus, the bonus is activated and thus also the turnover requirements. These provide for a fivefold turnover of the achieved bonus, as well as the original deposit amount. For single bets, odds of 1.50 are required, while combination bets are only valid from odds of 2.00. For the entire turnover, bettors also have 30 days, which corresponds to a daily turnover of exactly €/$50 for the full bonus value of €/$200.
However, the new customer bonus is not the end of the line for Powbet. Especially loyal and active bettors will be offered many other benefits according to the Powbet experience, whereby all Powbet bonus offers are transparently visible on the website. These include, for example, a weekly reload bonus and a cashback of €/$500 each. Likewise, every combination bet including more than three selections with odds of at least 1.80 is upgraded with a 10 percent bonus.
Even though the basic impression of the betting offer is more than positive and certainly better than expected, bettors can unfortunately not expect top odds at Powbet. According to Powbet's experience, the odds are unfortunately only in the midfield and can be classified as rather weak, especially for marginal sports and the deeper markets of popular sports.
For example, a quota key of just over 93 percent can be calculated for the soccer betting market. That is solid, but nothing more. However, if sports bettors look a little away from the round leather, they will notice consistently weaker odds. While to tennis the odds key already drops to 92 percent, the basketball betting market is to be classified without the regular season of the NBA only at 91.5 percent. It goes worse, of course, but these numbers are not really convincing in any case.
Nevertheless, it should of course be noted that the last percentage points can definitely be compensated by the omitted betting tax. This may also be one of the reasons why Powbet cannot offer best odds.
Powbet Live Betting
However, the whole is once again dominated by soccer. Not only the games of the European top leagues appear there, even the junior league in Norway or the women's league in Jordan takes place at Powbet. Beside the round leather the music plays primarily with tennis, basketball and ice hockey. In all three sports, corresponding betting opportunities are presented worldwide, which are not only presented with live data and corresponding graphics for the encounter, but can also show a solid betting depth.
In order to keep the selection of live bets high in the future as well, experience has shown that bettors at Powbet will always be able to see some exotics. Whether it's darts, cricket or even eSports, Powbet is able to show the top games or top events across the board and feed them with live bets. However, it should be clear that the exotics at Powbet cannot show the absolute depth.
Powbet is nothing special in terms of operation and design – and that is by no means meant in a negative way. Here you will find a typical online bookie layout with sports on the left, betting markets in the middle and betting slip on the right. That's the way I like it and I'm sure many of you like it as well. It's easy to get acquainted with and even beginners can quickly find their way around.
The background is mainly kept in eye-friendly dark gray/anthracite. Tippers who like to bet in the dark will be pleased. Color highlights in yellow and white loosen up the design. The bonus graphics and the VIP system are very lovingly designed, but do not form barriers to functionality.
All in all, Powbet presents a very balanced appearance, which you can experience completely in German, English, French, Portuguese, Turkish, Polish and other languages.
The payment methods are led by the credit and debit cards known. As usual, payments via Visa and Mastercard are possible at Powbet. In addition, customers can fall back on eleven other payment methods, whereby the „Sofortüberweisung“ and the classic bank transfers should be familiar. Surprises, on the other hand, can be seen in the e-wallets offered. While some European alternatives are offered with MiFinity or the eZee Wallet, well-known e-wallets are not listed. Accordingly, German sports bettors can unfortunately not make payments via PayPal, Skrill or NETELLER at Powbet.
In addition to the now familiar payment methods, four cryptocurrencies are also listed at Powbet. With Bitcoin, Ethereum, Litecoin and Ripple, four of the most relevant cryptocurrencies are represented.
Before possible withdrawals, the KYC regulations required and must be complied with in a weakened form. The confirmation of one's identity is therefore necessary, but is only required on a random basis for payout amounts above /€ 2,000. On a positive note, all payments at Powbet are free of any fees. The full amount of the bettor's winnings thus also ends up in full value on the desired account.
Is Powbet reputable? What about Powbet's security and license?
Rabidi NV, the company behind the provider operates with a valid license from Curacao. Even though this gambling authority does not have the strict reputation of the Malta Gaming Authority, companies are still imposed the guidelines on player protection and responsible gambling. Those who play at Powbet can be sure that everything here is above board and that all data and transactions are transmitted in encrypted form.
Our Powbet Summary: A clear Powbet recommendation
We liked our Powbet experience: the betting markets, the solid odds and the wide range of sports bets will surely satisfy beginners and betting professionals alike. The easy-to-complete betting slip and the clear and well-structured website should convince players just as much as the attractive bonus offer for new players and the VIP program and the many promotions for loyal customers.
The exciting live bets with live streams provide entertainment until the last minute. With the Powbet Cashout, losses can be minimized and winnings can be paid out early. Even though we would like to see more payment options like the e-wallets Skrill and Neteller and more methods for Powbet payout, we are sure that you will like the bookmaker.