Loot.bet was launched in December 2016 by UltraPlay – the company responsible for odds.gg and a range of top tier esports betting services. They’ve not held back on their launch of Loot.bet either, an esports betting site (accepting Bitcoin) built with gamers firmly at the front of their mind. Loot.bet offers one of the largest range of esports betting markets in the industry, and whilst they do also provide “classic sports” such as Football, Tennis and Basketball, the brand is no doubt focused on the 14+ esports markets on offer. Very few bookmakers in the esports industry have been able to target the market in quite the same way as Loot.bet, and anyone purely interested in esports Bitcoin betting should be excited to have found this betting site.
Registration is also fast at Loot.bet – simply register with a username, password and email and you’re set to deposit Bitcoin immediately. Withdrawals do require that further documentation is provided, however for small bets it’s been indicated that KYC is not required. Those looking to bet larger amounts should assume that passport/proof of address and credit/debit card documents will need to be provided. Not the most ideal scenario for many players interested in betting Bitcoin.
Loot.bet do not shy away from promotions, currently offering a weekly ladder and a risk free bet that should entice many players to check out their platform. The company has taken a unique approach to their ladder system, with players winning CS:GO skins or Dota 2 items instead of the usual Bitcoin cashback reward. Anyone who bets during the week will be entered into the ladder, and those placed in the top 3 (ordered by most mBTC won) will take home a prize. This weekly ladder format has given Loot.bet a unique angle over their competition, and with most esports bettors being gamers themselves, it’s easy to see the appeal of winning such items. All of the available Loot.bet bonuses can be found on this page, and details on the terms and conditions required can also be found alongside them.
Loot.bet has a few support options including live chat which is available to logged in members. Players can also find a 24/7 email and phone number available in the footer of the site. There is also a ‘help’ page, but this amounts to a series of lengthy paragraphs that do little to address any problems that a player might have. Those new to Bitcoin deposits and withdrawals will be pleased to know that Loot.bet has a dedicated Bitcoin FAQ which takes players through the process.
Loot.bet uses an encrypted connection through SSL which players should expect from all Bitcoin betting sites. The site has also provided compliance documents from usd.de which provides a “seal of approval” for secure credit card payments, and those depositing Bitcoin will know that these deposits are inherently secure. Loot.bet does also make its gambling license from Curacao available in the footer of the site. No 2-factor authentication is available for securing your player account.
Is LOOT.BET Provably Fair?
The gambling site LOOT.BET does not currently offer a provably fair random number generator for any of its games.
Restricted countries at LOOT.BET
Below is a list of countries that are not eligible to deposit at LOOT.BET:
Belarus, France, Netherlands, United Kingdom, United States
LOOT.BET not available in your country? Filter all bitcoin gambling sites by country here.
Pros and Cons of Playing at LOOT.BET
- One of the largest range of esports markets
- Great weekly ladder promotion to win gaming skins and items
- Quick registration with just email and password
- Documentation and KYC is required for larger Bitcoin players
- Focus on esports with just a handful of classic sports markets
LOOT.BET Sportsbook Review
Loot.bet’s esports betting platform is one of the strongest we’ve seen. The user interface and experience are a delight, and mobile betting is made simple through their webapp – no need for additional downloads or hassle. The platform also provides different timezone options as well as various currency accounts for fiat users; Bitcoin users should opt do deal in mBTC. Loot.bet supports both Russian and English as well as a range of 6 “classic sports” markets – the focus here really is on the enormous range of esports that players can bet on.
Loot.bet’s range of esports will excite any Bitcoin player. Games range from lesser-known esports like Vainglory and CrossFire through to top tier esports like League of Legends, CS:GO and Dota 2. A full list of the available Bitcoin esports betting games can be seen below:
- League of Legends
- Dota 2
- StarCraft 2
- World of Tanks
- Heroes of the Storm
- Call of Duty
The good news doesn’t stop there, many of these games also include a range of betting options. League of Legends for example, allows players to bet on first blood, first to 10 kills, odd / even kills and more. CS:GO and Dota 2 have similar betting options, but unfortunately many of the smaller games only offer match odds.
For any esports fan looking for a platform that accepts Bitcoin deposits and withdrawals, Loot.bet is a fantastic option. Not only does the platform offer one of the best experiences in the esports betting market, but the games on offer and the bonuses available make for a truly great “esportsbook”. Consider signing up for an account today, it takes just a few seconds and the fun starts straight away!