Velobet Betting Review and Guide

Updated May 2024
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  • Good welcome bonuses
  • Wide selection of payment methods
  • Around 6,000 casino games

Velobet is a very new betting site and online casino, emerging in August 2023 with an end-to-end offering for both fresh and veteran bettors.

It features everything from esports betting to a live casino, and virtual sports to racing games. It’s a comprehensive offering, but is it a good site for betting?

In this Velot betting review and guide, we’ll go through every aspect of the platform, ultimately letting you know if this is a good platform to invest time, effort, and money in.

As with any new platform, one of the biggest concerns is whether or not it’s a safe website. That’s one of the areas we’ll tackle in this Velobet betting review, as we determine whether or not Velobet is a legit betting site. If you’ve caught sight of Velobet and are on the fence, hopefully, this article will convince you one way or another of what to do next.

Velobet Betting Bonus

velobet betting bonus

Let’s kick off with one of the most important things for any bettor: the bonuses. On Velobet, there’s a wide array of bonuses and promotions that are designed to entice new users to the platform, which is a relatively standard affair when it comes to online gambling. It doesn’t matter if you find yourself on Velobet looking to place a wager on basketball or to place some CSGO bets in the esports section, there should be a Velotbet betting bonus for you somewhere.

On Velobet, the welcome bonus is attractive enough – and it’s split up into a few different offerings:

  • First Deposit Casino Bonus – 150% bonus on deposits between $20 and $500
  • Welcome Sports Bonus – 150% bonus up to $1000
  • Crypto Deposit Bonus – 160% bonus on deposits between $20 and $1000

Outside of the Velobet welcome bonus scheme, there are other attractive offers that players can take advantage of, which is nothing but a win for the site.

Esports Betting at Velobet

velobet betting review esports

One of our best Velobet betting tips would be to explore the esports betting options on the site. This is a key part of our Velobet betting review, as esports betting is progressive and becoming much more important and valuable all the time.

On Velobet, the esports betting markets are simple but there’s still enough meat on the bones to keep the average bettor occupied. There is a diverse array of titles covered on Velobet, too – so if you want to wager on Rainbow Six or bet on LoL, you’re good to go.

When we checked, Velobet’s esports betting markets covered the following titles:

  • Counter-Strike
  • VALORANT
  • League of Legends
  • Starcraft
  • Arena of Valor
  • Dota 2

However, we’re not sure if there was a bug on the platform, but we were unable to see any more markets available at the time of writing.

Is Velobet a Safe Betting Site?

During our Velobet betting review research, we found no reason to believe that Velobet is a scam site or something similar. There’s no evidence of foul play or any malicious activity on the platform, and it looks as though the operators of the site have begun their journey in as legitimate a way as possible. It’s an encrypted platform, which means your data will be kept safe, and it boasts a relatively robust customer support service.

Velobet is licensed by Curacao eGaming, which can be a concern for some users, but it’s not inherently worrying.

There’s quite a long list of restricted countries, too – but again, that’s not a worry as such. On most pages, the site also references safe gambling practices, lists transparent contact details, and clearly has its KYC/AML, refund, and dispute policies up in lights.

If there’s one issue we have, it’s that the self-help centre – including the FAQs page – is somewhat lacking.

Velobet Payment Methods

So, you’ve signed up to Velobet and you’re ready to take advantage of everything that the platform offers – including any attractive esports betting bonus schemes. It’s now time to fund your betting account on the platform, but what payment options can you use? This is an integral part of any Velobet betting review, but it’s information that wasn’t that easy to come by on the platform.

Here’s what we found:

Deposit

  • Skrill, Neteller, Astro, Google Pay, Apple, Mastercard, Visa, Bitcoin, Ethereum, Dash, Ripple, Swift, Litecoin, Bitcoin Cash, Bank Transfer, Interac

Withdrawal

  • Mastercard, Bitcoin, Skrill, Neteller, Paysafe, Ethereum, Tether, Bitcoin Cash, Litecoin Ripple, Dash, Swift

There’s something for every type of bettor at Velobet.

velobet betting review payment methods

Is That Everything?

That signals the end of our Velobet betting review. As you can see, it’s not a bad platform and it’s definitely looking to grow, but there are a few minor concerns that will hopefully be cleared up shortly. It has everything a bettor could need, from esports betting markets to virtual sports markets, and from games to a stacked casino. The casino is of particular note, as it offers a wide range of games on an attractive platform.

If you’re looking for some solid Velobet betting tips, we’ll offer a good one: give the site a try. It’s safe and legit, and it’s trying hard to carve out a name in the betting space, and that’s not an easy job, so we’ll give credit where credit is due.

Total: (1)
Esports Betting
(4/5)
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