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Librabet review

8.1/10

Advantages:

  • Huge Football Odds

  • No commissions on withdrawals

  • Over 40,000 events monthly

  • Live betting

Payment Methods:

Bitcoin Giropay Mastercard Sofort Visa Apple Pay Revolut Jeton

Not available in your location

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Specifications

  • Bonuses & Promotions

    9

  • Odds

    8

  • Mobile

    7

  • Usability

    8

  • Types of Bets

    9

  • Credibility

    8

  • Payment Methods

    8

  • Support

    8

Bonuses & Promotions

9 / 10

If you’re looking for a site with generous bonuses, Librabet should be at the top of your choices. The site does well by issuing new users a 100% welcome bonus of up to €100. To be eligible, your first deposit must be €20 and above.

After depositing, you must wager your full deposit amount on events with at least 1.50 total odds, and when the bet settles, your bonus will be triggered. While deposits made via Skrill and Neteller are not considered for the offer, its wagering requirement is not uniform for all users. Players from European countries such as Germany, Norway, Finland, Switzerland, and Austria must roll over the bonus and the deposit 5x before the withdrawal. At the same time, players from other parts of the world must roll it over for at least 6x.

The welcome bonus is, however, not also uniform for all players. The maximum offer for players from Italy is capped at €150, while the maximum bonus for players from countries such as Finland, Germany, Norway, Switzerland, and Austria is capped at €200. The offer must be used within 30 days after issuance.

Cashback Bonus

You can claim up to 10% weekly cashback bonuses for your losses during the previous week up to €500. You'll have to deposit during the week and wager on games to qualify. Every Monday, 10% of your losses are issued to you. The minimum cashback you can receive is set at €20.

50% Reload Bonus

Librabets offers a 50% reload bonus of up to €500 if you deposit during the week and complete the 1x rollover requirement of the initial deposit with a 1.50 minimum odds. The minimum qualifying deposit for players is set at €20. You must contact the support team via email or live chat to claim your reload bonuses.

VIP Program

Librabets runs a VIP program comprising five levels: Mortal, Demigod, Deity, Zeus, and Uranus. As a VIP member, you can enjoy perks such as cashback, free bets, exclusive offers, a personal account manager, and increased monthly withdrawal limits.

Screenshot of the librabet bonus page

Odds

8 / 10

Librabet odds for football are above the market average. In other sports, though, punters might be disappointed, as odds might be not so attractive.

The tennis betting margin, for example, is 7.5%, so if you’re a tennis enthusiast, that’s definitely not the place you’re looking for. Basketball, American Football, Baseball and other American sports have decent odds, ranging from 4.1 to 4.8%.

If you’re looking for juicy odds stick with football, though. Margins for top-tier European leagues may reach 2.9%, one of the highest in the whole market. That’s definitely one of the biggest pros of Librabet sports betting, and some football matches are definitely a must-bet.

Betting margin

  • Basketball

    Basketball

    5.07%

  • Football

    Football

    5.47%

  • Tennis

    Tennis

    6.52%

  • Volleyball

    Volleyball

    7.99%

Overall betting margin: 6.3%

Mobile

7 / 10

Those who like mobile betting will be partially disappointed with this bookie. First of all, you can’t use the Librabet app, simply because it wasn’t developed yet. However, it’s believed that the bookmaker is already working on it by information we gathered when contacting the platform’s customer support.

I said partially in the beginning because you can still place your bets using the Librabet mobile version. The mobile version is responsive, runs smoothly and is really useful to bet on the go.

Usability

8 / 10

When it comes to usability, Librabet is commendable. The site has a cool dark colour theme, making it easy for the eyes to see. All the buttons are placed appropriately. Navigating around the site is very easy, even for rookies as well as professional bettors. The signup process is also swift. It only requires a few personal details to complete. Below the homepage, you can easily see most of the accepted payment options the site supports.

However, the platform needs to improve its live chat support. Replies are slow via the live chat. Overall, Librabet has a good usability score.

  • Limitations
  • Live chat can be slow

It’s also possible to place your bets on the Librabet mobile site, which we will give more details further up in this article.

Types of Bets

9 / 10

On the Librabet betting site you can place both pre-match and live bets on about 40 thousand events per month, with football as the main one. Once you click the “Sports’ ‘ section at the top of the homepage, it’s possible to notice that Football almost always has 999+ games for you to lay your wagers on.

Punters can also bet on other sports such as Tennis, Basketball, American Football, Baseball, Ice Hockey, and even Darts. Unfortunately, Librabet doesn’t cover esports, nor horse racing, which is one of the most famous sports to bet on. However, they display a section of “Specials”, where you can find politics as well.

Sometimes, the sportsbook offers a Librabet free bet promotion, where you can place a bet for free, following certain rules.

Credibility

8 / 10

When it comes to a bookmaker’s credibility, lots of factors should be analysed, including licenses, holders and reputation amongst real bettors. Librabet is licensed by Antillephone N.V., under the E-Gaming licence number 8048/JAZ, which is authorised by the government of Curacao.

It was already expected, as young bookies usually find less strict terms and conditions to start operating there. Ideally, a top-tier bookmaker will count on European licences too, which Librabet lacks.

The company behind this sportsbook is Tranello Group of Companies, a well-known company registered in Cyprus.

We also checked the Librabet bookie’s reviews on Trustpilot, and their reputation there is ridiculously low, averaging 1.9 stars out of 5. More than half complaints made by real punters were related to hard times they had when dealing with their customer service team, which was considered rude, and also related to bonuses offered. We hope the platform braces up to solve users' challenges and improve their overall gambling experience with time.

Payment Methods

8 / 10

Deposit

Librabet offers a good array of safe and trustable deposit methods so that punters won’t lose their sleep over that. Librabet takes VISA and MasterCard credit cards, e-wallets, Payz, and even Bitcoin and other Altcoins.

Bear in mind that some methods will take longer than others for the money to show up in your Librabet account.

Withdrawals

Punters also have plenty of options when it comes to withdrawing betting cash from Librabet. Also, the exact number of methods may vary according to your location. The best part is that every method is commission free, meaning you don’t pay any extra fees whatsoever.

When it comes to the Librabet withdrawal time, it may also depend on your chosen method, and it may take a while for your money to be transferred to your account.

We picked the main deposit methods and listed them alongside the Librabet minimum deposit and withdrawal amount and other useful info in a table below.

Deposit funds & Withdraw funds
Amount Time Fees Amount Time Fees

Sofort

€10–€5,000 Instant 0% ? ? ?

Bank Transfer

€10–€5,000 Instant 0% €10–€5,000 Up to 5-7 days 0%

Visa

€10–€2,000 Instant 0% ? ? ?

Mastercard

€10–€2,000 Instant 0% €10–€3,000 Up to 1-3 days 0%

Revolut

€10–€2,000 Instant 0% ? ? ?

Apple Pay

€10–€750 Instant 0% ? ? ?

Giropay

€10–€5,000 Instant 0% ? ? ?

CashtoCode

€10–€400 Instant 0% ? ? ?

eZeeWallet

€10–€2,000 Instant 0% €20–€1,000 Up to 24 hours 0%

MiFinity

€10–€5,000 Instant 0% €20–€1,000 Up to 24 hours 0%

Jeton

€10–€5,000 Instant 0% €10–€5,000 Up to 24 hours 0%

Bitcoin

€10–€5,000 Instant 0% €10–€5,000 Up to 1 hour 0%

Bitcoin Cash

€10–€5,000 Instant 0% €10–€5,000 Up to 1 hour 0%

Litecoin

€10–€5,000 Instant 0% €10–€5,000 Up to 1 hour 0%

Ripple

€10–€5,000 Instant 0% €10–€5,000 Up to 1 hour 0%

Ethereum

€10–€5,000 Instant 0% €10–€5,000 Up to 1 hour 0%

Tether

€10–€5,000 Instant 0% €10–€5,000 Up to 1 hour 0%

Dash

€10–€5,000 Instant 0% €10–€5,000 Up to 1 hour 0%

Binance USD

€10–€5,000 Instant 0% €10–€5,000 Up to 1 hour 0%

Support

8 / 10

We contacted Librabet’s support team and we’ll sum up how it went. Firstly, you have basically two ways to get in touch to solve possible issues in the platform: via email and their live chat service.

You can reach the support team through their email address – [email protected]. My overall experience with them was good. Not exceptional though.

Perhaps, the best way to contact them is via the Librabet live chat. All you need to do is to go all the way down to the bottom of the homepage and click on “Contact Us”, as it will redirect you to a page containing more detailed info on how to contact them, with a big green “Live Chat” button, that you need to click on to get in touch with them.

Support contacts

Phone

Email

[email protected]

Live chat

Competence 0 / 5 3 / 5 4 / 5
Politeness 0 / 5 5 / 5 5 / 5
Response Time n/a Up to 6 hours Up to 10 minutes

Overall

8.1 / 10

Following a thorough analysis of Librabet sportsbook, we could highlight the stellar odds on football, decent bonuses, and a fair array of payment methods. However, the site really needs to improve its reputation. Although licensed by a reputable body, the complaints from users on forums such as Trustpilot are alarming and should be addressed. Overall, Librabet is user-friendly and easy to navigate around.

  • Limitations
  • Inactive support
  • No live streaming

The absence of both mobile applications and live streaming services are also other points to bear in mind.

LibraBet Review FAQs

? Can I close my Librabet account in case I want to?

Yes, you can! All you need to do is to contact Librabet's customer support and they will guide you through the process.

? What currencies can I use on Librabet?

Currently, the bookmaker takes Euro, Russian Ruble, New Zealand Dollar, Canadian Dollar, Norwegian Krone, Hungarian Forint, and Polish Zloty.

? What licenses does Librabet currently count on?

Librabet is licensed and regulated by Antillephone N.V., under the E-Gaming licence number 8048/JAZ, which is authorised by the government of Cura?ao.

? Is LibraBet recommended for beginners?

Yes, mainly because the Librabet platform is really user-friendly, plus the fact that the platform provides you with lots of different markets for you to lay your wagers on.

? How long does verification take?
It depends on their verification team workload. It should take less than 72 hours in some cases, or weeks in others.

General information

Review Author

Kate Richardson

Kate Richardson

Strategic Betting Analyst: Expert in Developing and Implementing Data-Driven, Profitable Sports Betting Strategies.