Powbet

Powbet belongs to a group of versatile platforms that, besides sports betting, offers its customers other gambling entertainment including an online casino and a large number of popular online games. Managed by the parent company Rabidi N.V.

Powbet bookmaker

At the bookmaker Powbet, you can look forward to a rich selection of bonuses and promotions

Among the biggest attractions of the bookmaker, which was established in 2021, are undoubtedly the packed selection of bonuses and promotions. Players can also look forward to a fair betting level in main markets, as well as a wide range of sports, cultural, and social events to bet on. The bookmaker does not yet own a license for the Czech or Slovak markets, but welcomes players from the Czech Republic and Slovakia. Bettors from the Czech Republic will surely also appreciate the availability of the Czech version of the website.

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Bonuses

In terms of bonuses and promotions, a truly generous offer is prepared for you, which you won’t easily find elsewhere. Let’s take a detailed look at all current promotions. You can find all bonuses, for both bettors and online casino players, in the navigation bar under the “PROMOTIONS” tab. You can access the collapsible navigation bar through the blue button located in the upper left corner of the webpage. Bonuses for the bookmaker and online casino are separated.

The most common bonus used to attract new players at bookmakers is called the entrance or also the welcome bonus. At Powbet, you can find it labeled as First deposit bonus 100% up to a maximum of €100. By using the Accumulator boost bonus, you can gain up to 100% bonus on your bet. There is also a Bonus cashback (10% up to €100) or a Weekly reload bonus (weekly top-up), which is royally set up, allowing you to gain 50% up to €500 every week.

But that’s not all! Bettors have more promotions waiting, which can significantly enhance everyday betting. Such promotions include the 2 goals ahead offer, where you take the win if the team you bet on leads by two goals at any stage of the match. With the Bore draw promotion, you will be refunded 100% of the staked amount if the match ends in a goalless draw. The promotion named Bet builder insurance provides you with €10 in the form of a free bet in case one component of your bet made in the bet builder fails. For those of you who like to participate in competitions for the most valuable prizes, a Sports jackpot is prepared with a main prize of €15,000. The biggest highlight for all Powbet customers is a contest named Lamborghini promotion, where the winner gets a Lamborghini Huracán car. How to participate? Place at least one bet every day of at least €10 and continue doing so until you are the last one standing.

Regularly follow the bonuses section. Occasionally, promotions related only to selected sports events or that are time-limited will appear. In conclusion, we cannot omit a small note. Always carefully read the terms and conditions of each promotion to avoid missing out on the opportunity to claim a bonus.

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€100 Welcome bonus

Newly registered bettors have the opportunity to receive a 100% welcome bonus up to €100.
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50% Reload Bonus up to €500

Every week you can also use a so-called reload bonus, which gives you an additional 50% on your deposit.
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Cashback

If you’ve had a bad week, get 10% of your losses back (max. €100).
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Accumulator Boost

Place an accumulator ticket and enhance your winnings by up to 100%.
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Registration

Registration is very easy and quick. The entire process consists of four steps. To start registration, click on the blue “PLAY NOW” button, which is located in the upper right corner of the homepage. The registration window will open immediately and guide you through the individual steps until the completion of the registration and creation of your account.

In the first step you will be prompted to select an entry bonus. Options include bonuses for the sports betting section and for the online casino section. Logically, bettors are interested in the Sports bonus (100% up to €100), while the Casino bonus (up to 100% up to €500 + 200 free spins) is prepared for online casino players (review of Powbet online casino). Another option is to use a promo code. You can of course continue the registration without using any welcome bonus, but that would really be a pity. Don’t you think? After selecting your preferred bonus, you will move to the next step using the blue “NEXT STEP” button.

In the second step, you need to fill in general information, which includes email address, country, currency for account management (Czech koruna or euro for Czech players) and telephone number. After entering the required information, another checkbox will be waiting for you, which allows you to subscribe to the newsletter via emails and SMS messages. This option is of course voluntary.

In the third part, you are prompted to fill in your betting name and password. In the final step, personal details must be provided. Specifically, this includes name, surname, date of birth, gender, and address (city, postal code, and street). At the end of the registration form, another checkbox will again be waiting for you, which confirms your age of majority and also accepts the general terms of the platform and the privacy policy conditions. The registration is completed by clicking on the blue “CREATE ACCOUNT” button.

Upon creating the account, a window will automatically open prompting you to make your first deposit. However, it is not necessary to deposit money into the player’s account immediately. You can return to this step at any time, but it is important for activating and verifying your account. All necessary information regarding financial transactions can be found in our subsection Money deposit and withdrawal.

Quick registration at Powbet

General information about the company

Powbet ranks among the younger bookmakers (established in 2021). However, its relatively short presence in the market has not stopped the bookmaker from winning the hearts of customers worldwide. It boasts a broad sports offering, favorable betting levels at main markets, an extensive array of attractive bonuses, several language versions of the website including Czech, and continuous support on the website. Positive points can certainly also be awarded for the well-executed visual presentation of the web pages.

It is managed by the parent company Rabidi N.V., which is no newbie in the gambling world. It oversees several other sportsbooks (and online casinos) such as Nomini, Rabona and Sportuna. The international website operates under a license from the Caribbean island nation of Curacao. It does not yet own a license for the Czech and Slovak markets, but players from the Czech Republic and Slovakia are welcome.

Benefits and features (pros and cons)

Advantages
  • Option to manage account in Czech koruna
  • Extensive range of sports and competitions
  • Ability to bet on political, cultural, and social events
  • High payout on popular markets
  • Packed selection of bonuses
  • Website support available 24/7
  • Czech version of the website
  • Visual design of the website
  • Wide selection of payment methods for deposits and withdrawals
  • Accepts cryptocurrencies for deposits and withdrawals
  • VIP program
  • Cash Out
  • BetBuilder
Disadvantages
  • Does not own a Czech license
  • Lacks a mobile app
  • Missing live streams (only esports)
  • Payout levels are highest on the day of matches
  • Low payout for ice hockey
  • Low payout for live bets
  • Low withdrawal limits (can be increased with VIP level)

Betting odds offer

1) Sports

2) Payout level

The payout level (or payout) represents the percentage expression of the bettor’s invested amount returning to them. The closer to 100%, the better for the bettor. The difference between 100% and the actual payout is the margin charged by the bookmaker on that market. The payout, and consequently the margin, will be different across various markets, thus depending on the sport, competition, occasion, and prematch/live. Since average payout information does not tell much to a bettor, we have selected a few specific markets to demonstrate what payout to expect approximately. We chose popular sports (football, ice hockey, basketball, and tennis) and markets (winner bet, winner until decision, over/under, Asian handicap, bet without draw). League competitions (tournaments) were intentionally chosen in contrast to show the difference in matches with high and low betting volumes.

2.1) Football

Competition

Winner bet – 1X2

OVER/UNDER

Asian Handicap

Premier League logo English Premier League 95.0 – 96.5 % 94.5 – 95.0 % 93.0 – 94.5 %
Fortuna Liga logo Czech First League 94.0 – 94.5 % 91.5 – 92.0 % 91.5 – 92.0 %
J2.League logo Japan Second Division 91.5 – 92.0 % 91.5 – 92.5 % 93.5 – 94.5 %

2.2) Ice Hockey

Competition

Winner bet – 1X2

Winner until decision

OVER/UNDER

NHL logo NHL 92.5 – 93.0 % 95.5 – 96.0 % 93.0 – 95.5 %
Tipsport Extraliga logo Extraliga 92.5 – 93.0 % 94.5 % 91.5 – 92.5 %
Ligue Magnus logo French First Division 92.5 – 93.0 % 94.5 – 95.0 % 90.5 – 92.0 %

2.3) Basketball

Competition

Winner until decision

OVER/UNDER

Asian Handicap

NBA logo NBA 95.5 – 96.0 % 93.0 – 95.5 % 94.0 – 95.5 %
Euroleague Basketball logo Euroleague 95.0 – 96.0 % 94.0 – 94.5 % 94.0 – 94.5 %
La Liga Argentina Basketball logo Argentine First Division 92.0 % 91.0 – 92.5 % 92.0 %

2.4) Tennis

Competition

Winner bet

OVER/UNDER

Asian Handicap

ATP Tour logo ATP 94.0 – 96.0 % 93.0 – 94.0 % 93.5 – 94.5 %
WTA Tour logo WTA 94.0 – 96.0 % 93.0 – 94.0 % 93.5 – 94.5 %
ITF logo ITF 91.5 – 92.0 % 89.5 % 89.5 – 90.0 %

Mobile Betting and App

Bookmaker Powbet unfortunately does not offer a mobile app yet, but there’s no need to worry. The website is designed and adapted for smooth browsing and use on mobile devices and tablets. The functionality and clarity of the site are completely comparable to using it on a laptop or desktop computer.

Money Deposit and Withdrawal

Upon completing registration and creating your account, a pop-up window will automatically open, prompting you to make your first deposit. However, this step is not necessary to complete immediately; you can skip the deposit prompt and return to it later. Nevertheless, the first deposit is important not only from the betting perspective but also serves to verify your account.

If you decide to upload money to your account immediately after registration, the pop-up window will guide you on how to make the deposit. The process is very simple. You just select the payment method and amount you want to deposit. The amount will be converted into the currency you have chosen (consistent with the currency used for account management). Below are the available payment methods for Czech players.

Contact

Need help with anything but not sure who to contact? That’s what the bookmaker’s support is prepared for. Whatever your question or issue, do not hesitate to contact support.

You can use either live chat or email for communication. The first option is user-friendlier and faster. Operators should be available non-stop, so you typically receive a response within minutes (at most tens of minutes). The icon for live chat (phone and text bubble) is found at the end of the navigation column on the left side of the website. Simply open the chat window, fill in your name, email, and your question. Communication via email is more formal, but expect a much longer time delay before receiving a response. Answers to frequently asked questions can be found in the FAQ section, which might also be helpful in this regard.

  • Customer support: support@powbet.com
  • Live chat
  • Frequently Asked Questions (FAQ) section

Specifications

©️Owner
Rabidi N.V.
🗓️Founded
2021
🖥️Devices
Desktop, Mobile Web
📜License
Curacao
🎲Products
Sports betting, online casino, live casino, virtual sports, bonus crab
📺Live Streams
No (only esports)
💲Currencies
Czech koruna, euro
🗨️Language
Czech, English, Finnish, French, Italian, Hungarian, German, Norwegian, Polish, Portuguese, Russian, Greek, Spanish, Turkish
💳Payment Methods
  • Payment cards: Mastercard, Apple Pay
  • Bank transfer: —
  • Prepaid cards: Paysafecard
  • Electronic wallets: Skrill, Skrill 1-Tap, MoonPay, Neteller, Jeton, MiFinity
  • Cryptocurrencies: Bitcoin, Bitcoin Cash, DAI, Ethereum, Litecoin, Ripple, Tether, USD Coin
👩‍💻Support
  • Customer support: support@powbet.com
  • Live chat
  • Frequently Asked Questions (FAQ) section
💰Welcome Bonus
100% up to €100

Frequently Asked Questions

1️⃣ Is there a Czech version of the website available?

Yes, there is. The bookmaker’s website is translated into several world languages, including Czech.

2️⃣ Does the Powbet sportsbook have a license for the Czech market?

The bookmaker currently does not own a license for the Czech or Slovak markets, but players from the Czech Republic and Slovakia are welcome. The platform is licensed in the jurisdiction of the Caribbean state of Curacao.

3️⃣ How can I contact support?

The quickest and most comfortable option is to use live chat, where support should be available non-stop. Another way to contact the bookmaker is via the email address: support@powbet.com.

Also read:

Sources: powbet.com

5/5 - (1 votes)

Michael Cermak

Michael Cermak

Article author – expert on bookmakers
Follow me: LinkedIn | Facebook
E-mail: michael@slothbet.com

I started gaining experience in sports betting through my work in the customer support of a foreign bookmaker. It didn't take long before I started betting actively myself. This has continued to this day. Besides thematic articles, I look for interesting bonus offers and valuable odds for you. You can find all articles here.
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