LV Bet Sportsbook Review 2020 – A Smooth, Sophisticated and Modern Site
- LV Bet
- BonusUp to £50
- MarketsFootball, Cricket, Horse racing
- Claim Bonus
One of the newest sportsbooks around, LV Bet was founded in 2016, and with licenses from the UK and Malta, it has been growing in popularity ever since. Our in-depth review tells you all you need to know about the LV Bet site, covering everything from banking options to site design, helping you to make an informed choice.
Fast and sleek layout
The LV Bet site has a clean, modern look, featuring a grey and yellow colour scheme, and is laid out in an intuitive style, making it easy for newcomers to navigate. On the home page, visitors are greeted by details of all the live and upcoming events along with the main current betting markets. To check out the selection of sports and markets available to bet on, you can simply click on the Sports Betting icon at the top of the page, which opens the whole list of sports betting options.
There are also several features designed to make it simple to navigate through the site, ranging from a filter option that allows you to order markets by time of event and easy-to-find back and home buttons. Overall, it is a slick, well-laid-out site that clearly show this new entrant to the market has studied what is out there and has combined the best attributes from the top sportsbook sites to produce a modern and sleek user experience.
Stringent registration process
Registering a LV Bet account is relatively straightforward, although they appear to be more stringent than some other top sportsbooks. As a new user, you simply have to click on the Registration link and complete the LV Bet online form with your personal details.
You will also be required to verify your account using identification documents. This can be done with a form of government-issued ID, a utility bill and a photograph showing you holding the ID. You may also be required to verify your bank details at the time of making a withdrawal request, and there have been cases of customers waiting longer than they’d expected before the verification process is complete.
That said, the verification process is partially for everyone’s benefit to ensure that no-one is misusing the site or their account, and to an extent, is an unavoidable aspect of using a modern sportsbook, particularly a well-regulated site like LV Bet.
A reputable UK-licensed site
- Established: 2016
- Company: Fairload Ltd.
- Licence: Available
- Live chat: Yes
- Email: sports.lvbet.com/en/support
- Customer support: 24/7
- Adress: Angelica Court, Level 3, Giuseppe Cali Street, TA’XBIEX, XBX1425, Malta
When you’re choosing whether to use a sportsbook you will obviously consider what licences the operator holds, as this can tell you how reputable they are. LV Bet is licensed by the UK Gambling Commission (UKGC) and by the Malta Gaming Authority, two of the most respected and demanding gaming jurisdictions in the industry.
This is one of the reasons why LV Bet operate such a strict registration process, as they apply the Know Your Customer (KYC) process promoted by the UKGC, making them one of the most reliable sites around. They also work with several gambling organisations to fulfil their commitment to customer protection, and to tackling problem gambling.
Competitive bonuses and promotions
New sportsbook customers are used to being offered Welcome Bonuses, but even by the standards of the modern betting industry, LV Bet have a good offer. They give new customers a Welcome Bonus worth 100 per cent of their initial deposit up to a maximum of €50. The wagering requirement for this bonus varies between 5 and 12 times the total amount of bonus and deposit, which is relatively low, compared to rival sites.
In addition to the Welcome Bonus, LV Bet provide regular promotions based around popular betting events such as major soccer matches, Grand Slam tennis events and gold tournaments. One of their most innovative promotions provides refunds to any customer who make losing bets on a Monday, an example of the innovative approach to promotional offers that helps to explain LV Bet’s popularity among punters.
In-depth football markets
When it comes to the most popular sports, LV Bet are up with the very best in terms of numbers of market they offer. For example, a typical Premier League fixture will usually have more than 100 markets to bet on including Asian and traditional Handicaps and every possible variation on Corners and Cards betting. This depth of market also extends to other high-profile sports including Golf, Tennis and Cricket.
LV Bet perform less impressively when it comes to less popular sports and in many cases, they don’t price up these markets until a few days before the event, which can be disappointing for those looking to get a good early price.
Good coverage of popular sports
As mentioned above, LV Bet excel when it comes to football, covering all the popular leagues and tournament as well as many more obscure competitions. They also have tennis, golf and cricket covered, and while their market depth may not be that impressive on the minor sports, they do offer some coverage of pretty much every betting sport, along with a good selection of e-Sports, political betting options and reality show markets.
One area that is lacking on the LV Bet set is horse and greyhound racing, and sports punters hoping to bet on these pastimes will be disappointed. While their coverage of the major sports is impressive, their lack of horse racing and greyhound racing – considered to be stables of betting by many sports punters – is a negative, albeit a minor one.
Streamlined betting process
In keeping with their well-designed site, the betting process at LV Bet has been streamlined to offer a user-friendly experience. Adding a bet to your betting slip is done easily, by locating the market you are interested in and clicking on your selection. You then simply have to choose the level of your stake, and whether you want to add more bets to build up a multiple, all done through the easy-to-follow LV Bet bet-slip.
At the time of choosing your bet, you will also be given an indication of how many other markets are available for the relevant fixture, and in many cases, you will also be able to access form and analysis for the competitors. The addition of these statistical indicators, as well as updates from the social media feeds of the relevant teams, mark LV Bet out as one of the more innovative sportsbooks on the market.
Good coverage of live betting markets
The live betting platform at LV Bet is one of its strengths. Presented in a streamlined and pleasing layout, the in-play graphics keep punters informed and their range of in-play markets, particularly in the case of football, is comprehensive, enabling you to bet on anything from the time of the next goal to the final number of corners.
Given the quality of their live betting service, it is slightly disappointing that LV Bet don’t offer a live streaming service for any of the market they provide in-play, although we understand that this is a feature they may consider introducing in future.
Reliable payment service
In an era of e-wallets and cryptocurrency, there is a high demand for online casinos to provide flexible banking options. LV Bet do a reasonable job of meeting those expectations, offering deposits and withdrawals with Visa, Mastercard, Bank Transfer and other popular methods such as Neteller and Skrill. There are no charges for deposits, and a maximum deposit of £5000, which should easily accommodate most sports punters. The first withdrawal every week is free, but subsequent withdrawals in the same weeks are charged a flat rate of £5, which is a good deal compared to the many sites that charge for all withdrawals.
Withdrawal clearance times are in line with industry standards and can be completed within 48 hours with e-wallet methods and up to 5 days with traditional debit cards. Although LV Bet don’t have the same wide range of payment methods that you will find with some companies, they do offer an effective, reliable all-round service.
Effective Mobile Platform
There is no LV Bet application, but the site has been optimised for mobile use and works well on any device. Although not packed with special features, and the Cash Out offers that are occasionally made on the main site are not available through the mobile version, but otherwise, the mobile platform is a solid performer.
It retains the same colour scheme as the main site, and is just as easy to use, offering the same range and depth of markets. Making bets through your mobile is easy and in fact, from logging on to confirming your bet takes just 5 clicks. This is a mobile betting platform that has been designed to offer a streamlined, effective, no-frills service, and it does just that.
A Safe, Secure Site
The security and encryption protocols that are employed by LV Bet are some of the highest quality in the industry. All personal data is protected, and all transactions go through 256-bit encryption. In addition, as part of its commitment under the licence obtained from the UKGC, LV Bet has signed up to the same strict privacy laws that are in place throughout the UK betting industry. Overall, this must rate as one of the safest sportsbooks online.
Friendly Customer Support
As for the customer support on offer through LV Bet, there are few more efficient and friendly services around. Customer support staff can be contacted via email, or live chat facility and from our research, they really seem to know their stuff. There is also a useful FAQ facility on the site that can help with some of the common problems customers come across.
- Ability to bet in-store
- Mobile App
- Variety of Markets
- Customer Care
- Easy Registration
- Bonus Offer
- Banking Options
- Loyalty Program
Conclusion: A sleek young pretender
LV Bet has one or two minor issues, such as the lack of a streaming service and the absence of horse and greyhound racing markets, but otherwise, it ticks all the right boxes. The depth of markets on all the major sports is the equal of anything that its rivals can offer, and LV Bet also do a good job of looking after their customers with great customer service and generous bonuses and promotions. With a smooth, sophisticated, modern site, LV Bet is a young up and coming sports book that is definitely worth checking out.