Librabet review
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Librabet betting bonus
To claim the Librabet welcome bonus, you must deposit and wager the entire amount at odds of 1.50 (1/2) or higher. While the trigger mechanism is odd and many customers don't like it, it's the only way to get to the best welcome bonus in the Librabet promotions page.
You don’t have to use a bonus code to claim the offer, but make sure you opt-in for it when you register.
Bonus | Offer |
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Match bonus | 100% up to €100 |
Wager the deposit amount 1x on odds of 1.50 (1/2) to claim the bonus. |
Bonus terms
The bonus terms are in line with the market average and you have more than enough time to find the right bets with a 30 day period. Before you can withdraw, you must place bets at odds of 1.50 (1/2) or higher for multi bets, or 2.00 (2/1) for single bets for a total of 6 times the deposit and bonus amounts. Here's are the full bonus terms:
Wagering requirement (WR) | 6x deposit and bonus |
Minimum qualifying odds | 2.00 (1/1) for single bets, 1.50 (1/2) for multibets |
Minimum qualifying deposit | €20 |
Sports restrictions | None |
Time to complete WR | 30 days |
Restrictions | Cased-Out bets, System bets, Free Bet, Cash bonus bets |
There are no special restrictions that pertain to specific sports or betting markets. All of them make sense so you shouldn’t have any trouble figuring out what the best course is to successfully clear the WR and withdraw your winnings.
Betting promotions for registered customers
The betting promotions are great for football betting. There are also enough betting promotions and bonuses to get you through a month not just a week. It’s important to note that you can’t combine promotions.
Easter Eggstras | Up to €6,000 and 2,000 free spins |
Weekly reload bonus | 50% up to €500 |
2 goals ahead | Early payout |
Accumulator boost | Up to 100% |
Bore draw | 100% refund |
Cashback bonus | 10% up to €500 |
Boosted odds | Enhanced winnings |
Out of all the promotions, we find the boosted odds most convenient and beneficial. However, it’s up to Librabet to select which matches come with boosted odds. Make sure you check the bonus terms of each promotion as the wagering requirements vary.
VIP program
Librabet gives us a glimpse into what the VIP program is all about. In our experience, sportsbooks of this kind come with a daily withdrawal limit of €500 to €750. Here, we see that the monthly withdrawal limit is €7,000 which won’t hurt any casual bettors. However, any more passionate bettors that are serious about their betting will have to push harder to quickly get to the Uranus VIP level and benefit from the €20,000 monthly withdrawal limit.
Level | Exchange rate | Cashback | Monthly withdrawal limit | Personal account manager |
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Mortal | 100:1 | 0% | €7,000 | No |
Demigod | 95:1 | 0% | €10,000 | No |
Deity | 90:1 | 5% | €12,000 | No |
Zeus | 80:1 | 10% | €15,000 | Yes |
Uranus | 70:1 | 15% | €20,000 | Yes |
The probably better perk is the cashback which becomes available from level Deity, which is the Level 3 in the VIP program. You can get up to 15% at Uranus. This is a substantial bonus, but one that is available only if you’re losing.
Librabet also mentions more VIP promotions and Financial Privileges of which we have no details to analyse.
Banking at Librabet
There are no local Irish payment methods or bank logos listed in the cashier, but all the popular international payment methods are well covered. Mastercard deposits are accepted, but VISA are not.
You can see all details that pertain to depositing and withdrawing in the cashier once you register and log in. In all honesty, the cashier and the banking terms are all fine and we give Librabet top marks for it.
Depositing with CashtoCode at Librabet
Librabet accepts CashtoCode deposits in the range of €10 to €400. There are pre-set denominations of €10, €25, €50, €100, €200 and €400.
Here are the steps you should take if you want to deposit with CashtoCode at Librabet:
- Visit the Librabet website by tapping on the Play Now button.
- Register an account with Librabet.
- Select CashtoCode in the Cashier and select one of the deposit amounts.
- Select a nearby CashtoCode outlet to generate a barcode slip.
- Visit the outlet and present the CashtoCode barcode slip before making the payment.
- Once the cashier scans the barcode the transaction is complete.
Other deposit methods
If CashtoCode is not in line with your preference, you can deposit with e-wallets like MiFinity, Skrill, Neteller and eZeeWallet or Jeton. You can also deposit with crypto which guarantees easy withdrawals once the time for one comes.
Deposit method | Limits |
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MasterCard | €10 – €2,000 |
Rapid | €10 – €5,000 |
??? Bank Transfer | €10 – €5,000 |
Direct Bank Transfer (Volt) | €10 – €5,000 |
Paysafecard | €10 – €1,000 |
Skrill | €10 – €5,000 |
Neteller | €10 – €5,000 |
eZeeWallet | €10 – €2,250 |
Jeton | €10 – €5,000 |
MiFinity | €10 – €2,500 |
Bitcoin | €30 – €5,000 |
Tether | €10 – €5,000 |
Litecoin | €10 – €5,000 |
Ethereum | €10 – €5,000 |
USD Coin | €10 – €5,000 |
Binance | €10 – €5,000 |
Dogecoin | €10 – €5,000 |
SOL | €10 – €5,000 |
SHIBAINU | €10 – €5,000 |
Binance Academy | €10 – €5,000 |
TRON | €10 – €5,000 |
All deposits are instant at Librabet. This means the moment the transaction is verified by the payment processor, the money is available for betting.
Withdrawal methods
There’s a diverse array of withdrawal methods and it would be great if you deposit with one of them as well. This can simplify the KYC and ultimately give you the opportunity to withdraw within a shorter time window.
Withdrawal method | Limits |
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Credit card bank transfer | €10 – €1,000 |
Visa | €10 – €3,000 |
MasterCard | €10 – €3,000 |
Rapid | €10 – €5,000 |
Bank Transfer | €10 – €5,000 |
Skrill | €10 – €5,000 |
Neteller | €10 – €5,000 |
eZeeWallet | €10 – €2,500 |
Jeton | €10 – €5,000 |
MiFinity | €10 – €2,500 |
Bitcoin | €40 – €5,000 |
Tether | €10 – €5,000 |
Litecoin | €10 – €5,000 |
Ethereum | €10 – €5,000 |
USD Coin | €10 – €5,000 |
Binance | €10 – €5,000 |
Dogecoin | €10 – €5,000 |
SOL | €10 – €5,000 |
SHIBAINU | €10 – €5,000 |
Binance Academy | €10 – €5,000 |
TRON | €10 – €5,000 |
You can withdraw up to €500 per day and this limit increases to €1,500 per day at the top VIP level. This is a very low withdrawal limit by any standards. Nevertheless, this is what all sportsbooks of this kind mandate.
In addition, make sure the details with which you register the account at Librabet match your personal details in your ID and your address, especially the utility bill that you will be requested to provide.
It’s important to note that despite the low withdrawal limit, the limits are clearly laid out in the terms and conditions.
Customer support
To start a live chat, click on the Get Help button located in the top right corner on your desktop or by openning the main menu bar and the bottom. However, if you’re still not logged in, it will simply act as a contact form. Once logged in, the live chat starts immediately.
Live chat | Less than two minutes |
Email support | support@librabet.com |
Phone support | Not available |
FAQs | Basic |
The FAQs are basic, including nine questions only. This is very limited even for a Curacao licenced betting site. The queries covered are focused on payments, balance, account information and logging in. There are no questions answered around the company behind Librabet or the rules they impose on betting.
Is Librabet safe?
Since its inception in 2018, Librabet has established a track record solid enough for a dependable evaluation. Although its Trustpilot rating of 1.9 is not impressive, many negative reviews appear to stem from customers not following established protocols. One notable instance involved a customer performing transactions with another user, a clear violation of the terms and conditions that customers might not have been completely aware of.
Trustpilot rating | 1.9 |
Launch date | 2018 |
License | Curacao |
Parent company | Rabidi N.V. |
Affiliate program | 7StarsPartners |
The others were mostly rants that simply highlighted how they, the customers, weren't aware of standard practices, like KYC protocols and claiming that Librabet took their money for no reason at all only to fail to realise that they breahed the terms and conditions.
Betting with Librabet
The sportsbook and the available sports betting odds are easy to browse thanks to the several different types of tabs and menus. We found the Top Leagues menu particularly useful as we too are casual bettors. It shows the top European football leagues and the currently trending championships.
Then there’s the search bar which allowed us to find our favourite teams and leagues. However, there’s no easy access to the live betting section. You must enter the sportsbook first, and then check the horizontal bar showing different sports. This is where you can find the live betting button.
The sports coverage is great and the choice of betting markets is beyond average.
Betting features
In addition to features like the Bet Builder and Early Cashout for both pre-match and live betting, Librabet offers Quick Single Betting, similar to Amazon's one-tap purchase. However, it is strictly for SINGLE betting as its name implies, and does not allow for quick parlay bets.
While there isn't a blog or extensive access to match information, basic stats are available for each event, which should suffice for most casual bettors.
The search bar is likely to be the most frequently used feature. It allows you to quickly find what you need by searching for a team name or championship, facilitating easy navigation.
Live betting
Live betting is accessible through the main menu bar or, if you're using a desktop, by clicking the Live Betting button at the top of the screen.
The live betting odds are better than decent and are well-organised within their respective categories, making it straightforward for bettors to find the odds they need.
During this review of Librabet, live odds were available for sports including football, tennis, basketball, baseball, and cricket, among over a dozen other sports. eSports also holds a significant position in Librabet's offerings.
Live streaming
Librabet provides live streaming, and certain matches or sports also receive live feed coverage. However, due to legal regulations, availability can be inconsistent if you're looking to follow a specific game.
The commentary and video feed are of high quality, crucial for any bettor preparing to place an in-play bet. There is a “Streaming” toggle to filter events with available live streaming. This feature also shows matches that haven’t started yet but will be available for streaming on Librabet, which is particularly valuable for those interested in live betting.
Odds comparison
As part of our Librabet review, we conducted a simple odds comparison with another two international betting sites that accept CashtoCode. It proved that the odds are competitive and that they are even better than what other sportsbooks offer, like 1Bet.
Borussia Dortmund VS. Atletico Madrid | Librabet | SG Casino Sportsbook | 1Bet |
---|---|---|---|
Home | 2.30 (13/10) | 2.30 (13/10) | 2.25 (5/4) |
Tie | 3.76 (69/25) | 3.76 (69/25) | 3.80 (14/5) |
Away | 3.13 (213/100) | 3.13 (213/100) | 3.05 (2/1) |
Margin | 2.02% | 2.02% | 3.55% |
The odds margins were particularly low as the match we used for the odds comparison was a popular one. This is not the case with other B-tier matches and leagues.
Librabet app and user-interface
We were surprised by the effective solutions Librabet has implemented for navigation and design issues. From a bettor’s perspective, however, the constant display of casino banners on the desktop version might be distracting and annoying.
Librabet’s app is directly downloadable from their website, though they lack a native app for iPhone or iPad.
On desktop, you can navigate sports using the top horizontal bar, while the main menu on mobile allows you to switch between sections. Both registration and depositing processes are straightforward.
One drawback is the full-width search bar, which is inconspicuously located and easy to overlook. The frustration grew once we spotted it as it was sitting there in front of us.
Conclusion
Ireland traditionally has a strong online betting scene. It’s not Paddy Power or Boylesports, but Librabet can still offer a good experience. The welcome bonus is not generous, but it shouldn’t be missed out on. Granted, the trigger mechanism makes a lot of customers unease as they must wager 12 times the deposit amount to withdraw their winnings.
The app, the sportsbook as a whole and its features are better than average. Everything works fine and that’s all it takes to place a bet.
Alternatives of Librabet
Librabet’s direct alternatives are 1Bet and N1Bet. Side with 1Bet if you want Partial Cashout and go with N1Bet if you want different betting promotions. The odds are the same so you can’t miss out in that department.
Another good choice for you is SG Casino Sportsbook. It has the same focus on casino games but in a different layout.
FAQs
Librabet is safe and reliable, licensed in Curacao and operated by Rabidi N.V. The company was launched in 2018 and since then has maintained good standing with all popular gambling site review platforms.
Librabet was launched in 2018 as one of the first brands in the group of Rabidi N.V. Besides betting odds, they also offer casino games. They are more popular among the betting audience.
Yes, you can cash out your bets early at Librabet. Librabet offers full cashout on all pre-match and live bets. Partial cashout is not available.
Yes, you can live stream selected matches at Librabet. There are games with live video feeds too. However, there’s no guarantee if the match you want will be streamed. Make sure you check before you place your bet if this is a dealbreaker for you.
The Librabet welcome bonus is exactly the median bonus amount in Ireland. The minimum qualifying odds are fair and the bonus terms are acceptable. You have 30 days to find events that you think you can predict confidently.
Specification: Librabet review
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