Loot.bet is a dedicated esports betting site featuring more than 25 esports with up to dozens of competitions for each. The website provides easy and intuitive navigation that will help you pinpoint the competitions and teams of your interest.
At the top of the homepage, you’ll find a bar displaying the most popular games, and by clicking on More Games, you’ll see a grid showing every esport currently available on the site. By scrolling down, you’ll see a list of all live and upcoming matches. You can choose the Tournaments tab to find all matches of a given competition, as well as the Outrights tab that will provide you with all available futures bets. There’s also a search bar that helps filter out specific teams, which is a rather useful feature we haven’t noticed on many other esports betting sites.
Types of bets
Loot.bet features a wide range of bets, although the choices heavily depend on the match and tournament in question. Sometimes, there are hundreds of betting options for the most popular CS:GO, Dota 2, and League of Legends matches, from match and map winners, to prop bets relating to specifics like kills odds/even, total towers destroyed, most kills handicap, and many more.
However, you will find only a couple of standard bets, and some niche esports only come with the match winner bet. The option to bet on outright winners is available in several competitions.
Most competitions featured on Loot.bet are available for live betting. You just need to select the Matches tab on the homepage to see all ongoing matches at the top of the list. Each match can have dozens of betting options, from match winner, map winner, to various esport-specific wagers.
The odds on Loot.bet are slightly below average compared to other major esports betting sites. We found that most 50/50 markets come with the odds of -115 (1.87) on either side, although you will surely run into some exceptions.
Banking
Loot.bet allows making deposits and request withdrawals using various methods and currencies. Fiat methods that work with USD include Visa, Mastercard, Skrill, Neteller, EcoPayz, Trustly, SkinPay, WebMoney, and many other country-specific options. As for cryptocurrencies, you can use mBTC, ETH, BCH, and LTC.
Minimum deposit and withdrawal limits depend on the selected method and currency, but they are around $10 for most options. The monthly withdrawal limit is the USD equivalent of €10,000. You can request withdrawals using the same method used for the previous deposit.
There are no fees as long as you wager your deposit amount at least once. Otherwise, all withdrawals will come with an 8% service charge. Withdrawals are usually processed quickly but can sometimes take a few business days.
Note that you will have to verify your account to extend your limits. Otherwise, the single withdrawal limit will be just €0.10. The account verification follows standard KYC procedures. You’ll need to provide a scan of your national ID card, passport, or driver’s license along with the scan or a photo of your credit/debit card with the first six and the last four digits visible, and only if you plan on using that card for making deposits. Verification can take up to 24 hours.
Customer support
Loot.bet has a 24/7 available customer support, accessible via multiple channels. If any issues should arise, you can activate the live chat by clicking on the icon in the bottom right corner. Just type in the message, and you will typically get a reply within a few minutes. You can also send an email to support@loot.bet or call +357-22-008790.
Final verdict on Loot.bet
Overall, Loot.bet is a solid esports betting platform. Its main advantages are the wide range of markets, valuable bonuses and promotions, and a neat-looking website with plenty of useful features. There are plenty of matches to bet on, with some of the most popular ones featuring hundreds of different ways to construct your wager. The operator also accepts a variety of currencies and payment options, including cryptos.
Despite all these words of praise, Loot.bet still has some room for improvement, especially when it comes to odds that seem less than ideal on most markets. There’s also the fact that there’s no dedicated mobile app, although the mobile-browser site works just fine. Nevertheless, if you disregard these minor downsides, you’ll find that Loot.bet is an above-average esports betting site with plenty to offer.
Another promotion we came across is a 15% cashback that players can activate with the promo code SPORTS. Once the promotion is activated, you will receive 15% of the cumulative losses over the following week, up to a maximum of $120. The minimum odds for the cashback bonus are 1.3 (-333) or greater. Unfortunately, this promotion is only available in the sports section, not esports betting.