BetRiot review
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BetRiot betting bonus
You can double your first deposit with the BetRiot welcome bonus. It only takes a deposit of $30 to qualify for the welcome bonus. However, to get the bonus, you must wager the first deposit amount at odds of 1.50 or -200.
Some customers find the trigger confusing, but this is how BetRiot and many other Canadian betting sites hedge risk and cash flow.
| Bonus | Offer |
|---|---|
| First deposit bonus | 100% up to $150 |
| Minimum odds to trigger offer is 1.50 | |
The moment the money is wagered, they are locked in your account and you must complete the wagering requirement before you can get any money out of BetRiot.
Bonus terms
Considering you have 30 days to clear the wagering requirement, the bonus terms are fair. Some may find the 2.00 or +100 odds too high for single bets. However, if parlays are your thing, make sure they are at odds of 1.50 or -200.
| Wagering requirement (WR) | 6x deposit + bonus |
| Minimum qualifying odds | 2.00 single bets, Parlay bets 1.50 each. |
| Minimum qualifying deposit | $30 |
| Sports restrictions | None |
| Time to complete WR | 30 days |
| Restrictions | Early cashout, System bets, Void bets and any Casino bets |
There are no other restrictions that could pose a problem, regardless of your bet style. You can bet on all sports as long as the odds are above the minimum limit. Also, any cashed out bets, system bets and any void bets don’t contribute to the completion of the wagering requirement.
Betting promotions for registered customers
There were six different promotions available at the time of our BetRiot review. Two of these promotions are relevant only to customers who like soccer betting – specifically, the 2 Goals Ahead and the Bore Draw. If you want to bet on top level European soccer events, these two will be of help.
| 2 Goals Ahead | Early Payout |
| Accumulator Boost | Up to 100% |
| Bore Draw | 100% Refund |
| Cashback Bonus | 10% up to $750 |
| Weekly Reload Bonus | 50% up to $750 |
| Boosted Odds | Enhanced Winnings |
The other promotions are available on all sports. We liked the Boosted Odds promotion the most as it’s instant, direct and directly impacts the betting margin of the sportsbook. You can take advantage of enhanced odds with single, multi and system bets. However, you can’t combine it with other promotions like the Accumulator Boost for example.
Overall, the ongoing promotions definitely see interest and use.
VIP program
The VIP program comes with five levels and each comes with nearly the same set of perks. The ones that scale include cashback bonus, betting withdrawal limits and access to a personal account manager.
| Level | Cashback | Exchange rate | Monthly limit |
|---|---|---|---|
| Level 1 | 0% | 100:1.5 | $10,500 |
| Level 2 | 0% | 95:1.5 | $15,000 |
| Level 3 | 5% | 90:1.5 | $18,000 |
| Level 4 | 10% | 80:1 | $23,000 |
| Level 5 | 15% | 70:1.5 | $30,000 |
We can’t comment on the quality of the exclusive VIP promotions they promise as none are public.
Considering all details available, the VIP program is slightly disappointing, mainly because we assume it takes a lot of wagering before you can get access to the 10% cashback bonus. That bonus alone is worth it, but it may take a long time before you reach the level 4.
The monthly withdrawal limit for the highest VIP level of $30,000 doesn’t seem to correlate all the bets a VIP customer would place. However, they also promise “financial privileges” mentioning better limits. It could be the case that the $30,000 is just a placeholder.
Banking at BetRiot
Deposit and withdraw at BetRiot using card, e-wallets, online banking and prepaid cards. BetRiot can reach a wide Canadian audience thanks to their diverse payment options.
Depositing with CashtoCode at BetRiot
CashtoCode is a discreet deposit method that enables you to deposit at BetRiot without revealing any personal or bank details. You can deposit instantly without any additional fees at BetRiot.
Here are the steps you should take to deposit and start betting with real money at BetRiot:
- Visit BetRiot by clicking on the Play button.
- Register an account and verify your email.
- Select CashtoCode in the cashier as your deposit method.
- Provide the amount you wish to deposit.
- Provide the 20-character PIN code on your eVoucher.
- The transaction is complete, and you can place your first real money bet in a couple of minutes.
Other deposit methods
BetRiot accepts deposits in CAD but you can also deposit in cryptocurrency. You may have to setup your MoonPay account as this is what BetRiot uses to process crypto payments.
Other convenient deposit methods that can also act as withdrawal methods are Interac, Payz, MiFinity and MuchBetter. BetRiot doesn’t charge any fees on deposits.
| Deposit method | Limits |
|---|---|
| Interac | $10 – $3,000 |
| MasterCard | $20 – $4,000 |
| Neosurf | $20 – $10,000 |
| Payz | $20 – $10,000 |
| eZeeWallet | $20 – $10,000 |
| Jeton | $20 – $10,000 |
| MiFinity | $15 – $3,750 |
| MuchBetter | $20 – $10,000 |
| AstroPay | $20 – $10,000 |
| Bitcoin | $45 – $10,000 |
| Litecoin | $20 – $10,000 |
| Ethereum | $20 – $10,000 |
| USD Coin | $20 – $10,000 |
| DAI | $20 – $10,000 |
| DOGE | $20 – $10,000 |
| TRON | $20 – $10,000 |
We managed to easily find all the information we needed to come up with a verdict on the banking terms at BetRiot. All details are prominently displayed in the cashier. You too can get all the information first-hand if you register at BetRiot.
Withdrawal methods
If you have verified your identity with BetRiot, you can withdraw your winnings almost instantly. Whether you’re withdrawing with Interac e-Transfer, or you’ve previously deposited with an e-wallet and you’re withdrawing to the same account, if you’ve done the KYC verification, you can get your money no later than three days from the withdrawal request.
| Withdrawal method | Limits |
|---|---|
| Interac e-Transfer | $20 – $3,000 |
| Payz | $20 – $10,000 |
| eZeeWallet | $20 – $2,500 |
| Jeton | $20 – $10,000 |
| MiFinity | $15 – $3,750 |
| MuchBetter | $20 – $10,000 |
| AstroPay | $20 – $10,000 |
| Bitcoin | $60 – $10,000 |
| Litecoin | $20 – $10,000 |
| Ethereum | $20 – $10,000 |
| USD Coin | $20 – $10,000 |
| DAI | $20 – $10,000 |
| DOGE | $20 – $10,000 |
| TRON | $20 – $10,000 |
The withdrawal limits are standard and they get better as your VIP status improves. The minimum withdrawal limit is $15 with MiFinity and the maximum is $10,000 with a few e-wallets and cryptocurrency withdrawals.
If you’re withdrawing as a Level 1 customer, you can withdraw up to $10,000 per month.
Customer support
In case things don’t go to plan, you can reach the customer support via live chat and email. We recommend using live chat as it’s quicker and you can reply in real time. Email support is also available and you can message the customer support even from your Account dashboard.
| Live chat | Less than a minute |
| Email support | support@betriot.com |
| Phone support | Not available |
| FAQs | Yes, basic |
The FAQs are disappointing. They don’t cover any questions customer may have that are in regard to the company ownership or the license of the betting site. There are only nine questions answered. A detailed FAQ page not only boosts transparency, but customers also feel they are in control and can avoid potential issues down the road.
Is BetRiot safe?
Overall, BetRiot is safe and reliable, operated by Rabidi N.V. and launched in 2022 only. We checked Trustpilot for user reviews and managed to find only one user review, however, for a different domain.
| Trustpilot rating | 3.1 |
| Launch date | 2022 |
| License | Curacao |
| Parent company | Rabidi N.V. |
| Affiliate program | PeakGamble |
So far, the BetRiot sportsbook is in good standing with a number of gambling site review platforms. These platforms follow BetRiot closer than we do and for a longer time.
Betting with BetRiot
Whether you like to bet on the NFL or the NBA, or you want to bet NHL, BetRiot has all events well covered. Besides the full line of American sports, you can also bet on popular European sports and championships. You can check the full offer using the sports side bar on the left, or by using the search bar if you have a particular team or championship in mind.
The betting markets are just as diverse, organized by their category clearly showing the name and the odds. You can also change between American, fractional and decimal odds either from the bottom of the main menu.
Betting features
You can increase the odds and the risk with the Bet Builder if you need more options. You can also cash out bets early. However, there’s no partial cashout, only full cashout of pre-match and live bets.
BetRiot also offers a selection of Popular Bets which can prove useful if you have no inspiration what to bet on next.
Another cool feature is the Booking which allows you to create a betslip you can share with a friend who can place the bet for you. You can even print the Booking code.
Live betting
There are no advnaced filters or features that can drammatically change the way you bet in-play at BetRiot. There’s Quick Single Betting which is great for live betting in particular. In addition, we found it easy to change between different matches and finding the odds we wanted to see.
Live streaming
There’s live streaming but the offer was very limited at the time of our BetRiot review.
The live commentary and the stats provided are were admirable, but the lack of video feed will make a lot of potential customers turn away looking for a wider live streaming offer.
Another thing we didn’t like is the lack of Streaming toggle, which would allow us to see which matches are available for streaming. This is a serious disadvantage for passionate live bettors.
Odds comparison
All in all, the betting odds are competitive and better than what you can find at sportsbooks that have been on the market more than a decade. Thanks to the Boosted Odds promotion, there are more betting opportunities than one might expect from a sportrsbook of this kind.
| Chicago White Sox vs Atlanta Braves | BetRiot | 1Bet | SG Casino Sportsbook |
|---|---|---|---|
| Home | 185 | 179 | 185 |
| Away | -230 | -250 | -230 |
| Margins | 4.77% | 7.27% | 4.77% |
SG Casino Sportsbook has the same platform like BetRiot, whereas 1Bet leverages its full premium suite of betting features in attracting new customers. They’ve been successful at it for years now.
BetRiot app and user-interface
First and foremost, it’s too bright for us. We understand that high contrast makes content consumption easier, but the background is too bright. We now appreciate sportsbooks with dark backgrounds.
There’s an Android app which you can download from the BetRiot website directly. iPhone and iPad users have to bet in their mobile browsers.
The navigation is consistent and the registration process is straighforward. Another thing we didn’t like, however, was how the search bar in the top right corner of the screen works with casino games only. This is very confusing!
Conclusion
BetRiot will proves too colorful for serious bettors. It’s safe to say it was designed to entertain casual bettors that will eventually move to the online casino. Respectuflly, they don’t put any casino banners in your face while you’re at the sportsbook section.
There’s enough promotions to keep any casual bettor happy. More serious bettors can only benefit from the Accumulator Boost and the Cashback Bonus, but only if they are unsuccessful.
For what it’s worth, it’s a safe betting site that has much to offer, but for some customers simply not enough.
Alternatives of BetRiot
- Top class live betting
- Live streaming and broadcasts
- Full and partial cashout
- Bet Builder promotion
- Licensed in Curacao
- Slightly higher betting margins
- Live streaming
- Early Cashout
- BetBuilder
- Decent selection of ongoing promotions
- Easy navigation
- Licensed in Curacao
- Average odds
- Focus on European leagues
- Great sports offer
- Decent betting odds
- Variety of ongoing betting promotions
- Optimized user interface
- Licensed in Curacao
- No live streaming
If you consider yourself a serious bettor, you should check out 1Bet first. If you don’t like the odds of 1Bet, check out SG Casino Sportsbook. Lastly, if you still can’t find what you’re looking for, your next pick should be Sportuna.
FAQs
Yes BetRiot is a safe betting site licensed in Curacao. While this license is not the strongest indicator of reliability, the user reviews we found show that there are satisfied customers from Canada.
Yes, you can cashout bets early if you want to reduce volatility. However, you can only cashout in full. We couldn’t find any mention of Partial Cashout nor did we see any signs of this feature being available at BetRiot.
No, you don’t need bonus codes to claim bonuses at BetRiot. Simply follow the instructions on the screen once you enter the Promotions page. Alternatively, you can check your account from the sidebar on the left for promotions that are available to you.
Yes, BetRiot offers live streaming and some matches even come with live broadcasts. However, the offer is limited as it’s subject to copyright and royalties. You should be able to follow at least some European events.
Yes, the odds are on an acceptable level. The margins are below 5% which which is decent. Nevertheless, you want to bring the margins as low as possible, which is why we recommend taking advantage of the Boosted Odds promotion.
Specification: BetRiot review
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