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PowBet Review

Powbet Review

3.0

Powbet landed on the sports betting scene in 2021 and quickly established itself as a site to be reckoned with.

With odds available on more than 30 different sports, Powbet appears to have all the major betting bases covered.

Generous bonuses and promotions get things off to a promising start, while the presence of live streaming certainly piqued our interest.

With a strong focus on in-play betting also in the mix, it’s difficult not to get excited about what Powbet has to offer.

With that in mind, let’s take a closer look at Powbet and see how their sportsbook stacks up against the competition.

Powbet Profile

Website: https://powbet1.com/Year founded: 2021
Company: Rabidi N.V. License & regulation: The Curacao Gaming Control Board. 
Contact information: support@powbet.com.Sponsorship deals: N/A
Address/Headquarters: Scharlooweg 39, Willemstad, Curacao. Customer support: Live chat, email. 
Features: Live streaming, live betting, cash out, sports tournaments, Bet Builder, popular bets. Payment methods: Visa, Mastercard, Paysafecard, Bank Transfer, Skrill, Neteller, eZeeWallet, MiFinity, CashtoCode, Cryptocurrencies. 
Apps devices: N/AApps devices: N/A

Powbet Strengths & Weaknesses 

Although it was one of a raft of new betting sites in 2021, Powbet has clearly worked hard to stand out from the crowd. Let’s look at their main strengths and weaknesses. 

✔️ Powbet Strengths 

  • Great racing coverage: We love the depth of racing coverage on Powbet, with odds available on meetings in the United Kingdom, Ireland and several international jurisdictions. 
  • Live streaming: Powbet has added live streaming to the site for selected sports and there are plans to expand the coverage in the future. 
  • Innovative promotions: There are loads of innovative promotions on Powbet including free bets, cashback offers, reload bonuses, Acca Boosts, virtual sports specials and more. 

❌ Powbet Weaknesses 

  • No mobile betting apps: While Powbet has been fully optimised to work on mobile devices, the availability of a standalone sports betting app would improve the service. 
  • No telephone support: Powbet offers 24/7 customer support via live chat and email, but there is currently no option to contact them via telephone. 

Conclusion 

The pros undoubtedly outweigh the cons at Powbet, although addressing the issues we have highlighted would improve the site. 

Powbet Promotions & Bonuses

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Powbet Full Review

Powbet gets off to an excellent start with a lucrative sign-up bonus, and things continue in a largely positive vein thereafter.

There are around 30 sports featured on the site, and we were delighted to see horse racing and greyhounds covered in-depth.

Many new betting sites omit those sports, but Powbet has recognised their important to offer punters superb coverage of meetings from across the globe.

Their football coverage is also impressive, with odds available on leagues and competitions in more than 50 different countries.

Powbet odds compare favourably with many of the industry’s big hitters, while their in-play portal is a pleasure to use.

There are a great range of payment options on the site, although the addition of digital wallets such as PayPal would improve things.

Powbet works seamlessly on mobile browsers, but we would like to see sports betting apps added into the mix.

However, with live streaming, great ongoing promotions and 24/7 customer support available, the pros outweigh the cons at Powbet.

Powbet Scores

Bonuses & offers ⭐⭐⭐⭐

Great welcome offer and loads of innovative promotions. 

Betting variety ⭐⭐⭐⭐  

Powbet offers odds on more than 30 different sports. 

Banking options ⭐⭐⭐⭐  

There are a solid range of payment options at Powbet. The addition of PayPal, Google Pay and Apple Pay would improve the service. 

Mobile experience ⭐⭐⭐⭐  

The site works well on mobile, but there are no standalone Powbet betting apps. 

Payout speed ⭐⭐⭐⭐ 

Withdrawals take an average of 1-3 days to be processed. Bank transfers may take slightly longer. 

Security ⭐⭐⭐⭐  

Powbet uses the latest encryption technology to keep all personal details safe and secure. 

Betting experience ⭐⭐⭐⭐ 

Good selection of sports, plenty of banking options, live streaming and a great in-play betting portal. Adding betting apps would enhance Powbet offering. 

Customer support ⭐⭐⭐⭐ 

Live chat and email. Response times are good via both routes. No telephone helpline. 

Powbet Welcome Package 🎁

New customers at Powbet can take advantage of a generous welcome bonus. This is designed to reward you for making your first deposit. 

Powbet Welcome Bonus 

Get a 100% Matched Deposit Bonus up to 100 

How to Claim Powbet Welcome Bonus 

  • Register a new account at Powbet.
  • Deposit up to €100 and place a qualifying bet.
  • Contact Powbet customer support to claim your bonus.

Powbet Welcome Bonus Terms & Conditions 

  • Only new customers are eligible for the bonus.
  • Players must play through their original deposit at least once with odds no less than 1.50.
  • Bets must be settled before the bonus can be claimed.
  • Deposits via Skrill or Neteller are not eligible.
  • Some wagers do not count towards the wagering requirements for this bonus including handicap, over/under, both teams to score, odd/even and cashed out bets. 
  • Punters must meet the wagering requirements in 30 days.

Powbet Features

  • Best features: Live streaming, live betting, sports tournaments, popular bets, cash out, Bet Builder.
  • Sports coverage: Around 30 sports including football, horse racing, greyhounds, tennis, basketball, ice hockey and more.
  • Betting markets & types of bets available: 1×2, total, first goal, double chance, both teams to score, draw no bet.. Popular bets include singles, doubles and accumulators.
  • Sports bonuses & promotions: Cashback, free bets, sports specials, reload bonuses, eSports bonuses, Acca Boost, sports tournaments, virtual sports bonuses.
  • Mobile: Powbet can be accessed via your mobile web browser.
  • Banking: Visa, Mastercard, Paysafecard, Bank Transfer, Skrill, Neteller, eZeeWallet, MiFinity, CashtoCode,
  • Customer support: Live chat, email.

Powbet Best Sports Features 

As one of the up-and-coming betting sites in the business, it is no surprise to find that Powbet has loads of special features designed to boost your enjoyment of the site.

Powbet Live Streaming

While many new betting sites fail to recognise the importance of live streaming, Powbet did not fall into that trap.

With a funded account you can access live streams of several sports including horse racing and greyhounds coverage from across the world.

Adding some other major sports to the line-up would enhance the service, but there is enough coverage to keep most punters happy.

Powbet Sports Tournaments

Powbet sports tournaments are an excellent innovation, giving punters the opportunity to win lucrative cash prizes based on their betting history.

The competitions are framed around major leagues and events in football, basketball, tennis and ice hockey, with the top 30 finishers in each receiving a cash payout.

A minimum deposit of €20 is required to be eligible for most tournaments, but these are an excellent way to keep your bankroll ticking over.

Powbet Sports Coverage 

Powbet covers around 30 different sports, with all of the usual suspects featured on the site. The most popular sports are as follows: 

  • Horse racing
  • Football

Powbet Horse Racing 🏇

One of our biggest bugbears with new betting sites is their failure to offer coverage of horse racing and greyhounds. 

Powbet have not fallen into that trap, offering odds on meetings from the UK, Ireland and several international jurisdictions. 

With live streaming, recent form and a wide range of bet types also thrown into the mix, Powbet is great place for racing fans to wager on their favourite sports. 

Powbet Football Betting ⚽

With odds available from more than 50 different countries, Powbet offers one of the most comprehensive football betting services in the business. 

Their odds stack up well against the competition, while the wide range of markets means there is something to suit every type of football bettor. 

A handy Bet Builder feature tops things off nicely, giving punters the opportunity to combine selections from the same event into a single bet. 

Powbet Sponsorship Deals 

Powbet does not currently advertise any sponsorship deals on their site. 

Powbet Betting Markets & Types of Bets Available 

Punters can choose from plenty of different betting markets and bet types at Powbet. 

Powbet Betting Markets 

The most popular betting markets at Powbet are as follows: 

  • 1×2: Wager on whether a game will be a home win, draw or away win.
  • Total: Predict whether the total goals in a game will be under or over a pre-determined mark.
  • First goal: Bet on which team will score first in a match.
  • Both teams to score: Choose whether both teams will score in a game or not.

Powbet Types of Bets Available 

  • Single: Pick one selection to win an event.
  • Double: A bet comprising two selections. Both must be correct for the wager to win.
  • Accumulator: Also known as a multiple. This comprises three or more selections.
  • Forecast: Choose two selections to finish first and second in an event.

Powbet Mobile Apps 📱

Powbet does not currently offer standalone betting apps, but the site has been fully optimised to work via mobile browsers.

The mobile site has a slick interface, offering punters easy access to all the same great features they can find on desktop and laptop.

While the added convenience of an app would enhance the service, Powbet still stacks up well against other mobile betting sites.

Powbet Sports Bonuses & Promotions 📣

If you are not yet sure about opening an account with Powbet, we think their bonuses and promotions will convince you.  

  • Cashback: Get 10% cashback on your sports betting losses up to €
  • Free Bets: Powbet offers free bet promotions across several different sports.
  • Horse Racing Reload: Place a bet on horse racing for the chance to receive a €50 reload bonus.
  • eSports Bonuses: Powbet regularly offers special bonuses on eSports events.
  • Acca Boost: Place a multiple with three or more selections and receive a 10% bonus on your winnings up to €100,000.
  • Virtual Sports Bonus: Bet on virtual sports for the opportunity to receive a 10% bonus up to €
  • Sports Jackpot: Guess the outcome of selected events to win a share of a bumper €15,000 jackpot.
  • Weekly Reload Bonus: Receive a 50% bonus up to €500 when you make a deposit on Powbet.

Powbet Banking Options

Powbet offers a solid choice of payment options for Irish punters – Visa, Mastercard, Paysafecard, Bank Transfer, Skrill, Neteller, eZeeWallet, MiFinity, CashtoCode, Cryptocurrencies.

The absence of PayPal, Apple Pay and Google Pay was a little frustrating, particularly in an age where mobile payments are so popular with punters.

We turned to our trusty Visa debit card to make our initial deposit of €10 which was processed immediately and without any additional fees applied.

There are maximum deposit limits in place on each of the payment options, which some larger stakes punters may find restrictive.

Our subsequent withdrawal request took three days to hit our original payment method, although we were asked to complete a verification process before this was actioned.

Powbet Customer Support 

Powbet’s Frequently Asked Questions section is underwhelming, with just a handful of queries listed on the site.

However, 24/7 live chat and email support more than compensates for this. We tested each route and were delighted with the professionalism of the service.

The addition of a telephone helpline would enhance the service, especially for punters who prefer to speak directly to agents rather than digitally.

How How to Deposit at Powbet 

Check out our handy guide on how to complete important tasks at Powbet. 

  • Login to your account.
  • Click ‘Deposit’ on the main page.
  • Enter the amount.
  • Click ‘Deposit’ and start betting.

How to Place a Bet at Powbet 

  • Click your selection(s).
  • Enter your stake in the box on the betting slip.
  • Click ‘Place Bet’. 

How to Request a Withdrawal at Powbet 

  • Click the ‘Withdrawal’
  • Select your original payment method.
  • Enter the amount.
  • Click ‘Withdraw’ and await your funds.

FAQ's About Powbet

Yes. Powbet processes deposits and withdrawals for Irish punters in Euros.

Absolutely! Powbet is fully licensed and regulated by the Curacao Gaming Control Board.

No. All deposits and withdrawals are processed by Powbet completely free of charge.

Generally speaking, you should receive your withdrawal in 1-3 working days.

Contact Powbet via live chat or email: support@powbet.com.