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Velobet Review
YEAR EST. 2023
RATING
7.5
starstarstarstarstar
BOOK SPY
BOOK SPY

It is not very common for new online bookmakers to capture my attention that easily. Velobet’s offering on the top sports and leagues can be compared with industry giants. The number of events that are available monthly, the pre-match odds, as well as the variety of markets can satisfy even the most demanding player. Not only that but courtesy of the Upgaming platform, you can find multiple features. I particularly enjoyed the Multiview option, which allows you to follow dozens of live matches at the same time. I was also very content with the number of payment options and the winning limits set by the bookie. Of course, I also noticed some areas that are less than ideal. Firstly, the Anjouan license makes me feel a bit uneasy; I would like to see them go after a local license. The live odds drop considerably compared to pre-match, while the withdrawal limits are a bit restrictive. Overall, if Velobet improves on a couple of aspects, it can become a top choice. Feel free to try it.

Velobet is a new online betting site that came into the spotlight in 2023. It has acquired an operating license from the Anjouan Gambling Authority and is owned by Santeda International B.V. The brand mainly targets the UK and the Netherlands.

The Upgaming-powered platform comes with more than 10,000 in-play matches monthly, hundreds of football markets pre-match, as well as several website features. Stay on our Velobet review to find out all the relevant info.

Total Score

7.5

Betting Markets 8.2

Odds 8.2

Live Betting 8

Reliability 6.7

Payment Methods 7.8

Withdrawal Speed 7.9

Customer Support 7.5

Bonuses 7

Mobile 7.8

Sportsbook Experience 7.5

Players Rating: (0 Rates) 0.0

How the total rating is calculated

Why choose Velobet
Great Selection of Markets & Features
  • Few restrictions
  • 40+ sports
  • Full Cash Out
  • Edit Bet
  • Asian Handicaps
  • Cards & Corners
  • Player Specials
  • High winning limits

Velobet Sportsbook Review

Pre-Match Betting

The fixed-odds section of the Velobet sportsbook comes with overall odds of 94.40% and contains way above 40 different sports. These vary from popular ones like football, horse racing, and tennis to less prominent, including floorball, cross-country skiing, and bandy. You should note that, depending on your location, you can switch between Asian and European views.

The football payout increases at 95.70% in Europe’s top five leagues. You can also wager on more than 400 selections, including alternative Asian lines, Player Specials, and Half-time Totals. If you prefer betting on minor leagues, you should know that you can locate dozens of options, such as the Danish 1st Division or the Chinese FA Cup.

The basketball payout pre-match is also very competitive, particularly in tournaments like the NBA or the Euroleague. Not only that, but you can also play on Player Points, Assist, and Turnovers. On the other hand, tennis betting comes with 20 markets and an average payout of 92%.

Live Betting

The median payout of the in-play zone is 93% for all sports, while you can take advantage of more than 10,000 matches every month. While most will come from the most popular sports, you can always visit the calendar page to see which ones are available today.

Unlike pre-match, the football odds drop considerably after a match starts, even in the top-flight leagues. Nonetheless, hundreds of options are accessible, including Handicaps for the Rest of the Match and which team will Win the Next Corner.

In basketball and tennis, there are fewer than 50 live markets, namely Over/Under, Spreads, and Quarter/Game options. Overall, the Bet Acceptance time during in-play wagering is slightly slow. Bets are confirmed within 5-6’’.

Website Features

During our Velobet review, we also took a closer look at the features that you can use. Cash Out allows you to settle a bet anytime before an event finishes. However, you can only use the Full format; Auto and Partial Cash Out are not at hand. Edit Bet is a handy tool that lets you alter a combo that you have already placed.

On the Multiview tab, you can follow more than 15 live events simultaneously. Finally, Live Streaming is indeed available for several sports and leagues, including the NBA, the Spanish La Liga, and the tennis Grand Slams. On the other hand, services like Bet Builder or Quick Bet have yet to be added to the sportsbook.

Other Information

The Velobet sportsbook also concentrates on other areas besides the betting offering. Firstly, you can choose from multiple website languages, including English, Spanish, French, German, Swedish, Finnish, Norwegian, and Italian. The CS team can be contacted 24/7/365, primarily via live chat or email.

Even though the brand has not developed a native application yet, the website is easy to cruise with a smartphone. It only takes about 4 clicks to confirm a wager in the most popular sports.

In terms of payments, you can pick from 20+ different options, which include debit and credit cards, cryptos, and e-wallets. However, you should note that VISA and Mastercard are restricted in some countries. The maximum winning limit is set at €/$200,000 per account, but the maximum withdrawal limit per month is capped at €/$15,000.

Velobet Review Info
Website
www.velobet.com
Year established
2023
Online Since
2023
License Holder
Santeda International B.V.
Address
Zuikertuintjeweg z/n (zuikertuin tower), Willemstad, Curacao
Operating License
Anjouan
Bookmaker Type
Asian, European, Independent

Velobet Deposit Methods

  Charge Min. Deposit
VISA Free of charge €10
Mastercard Free of charge €10
Bitcoin Free of charge €10  
Skrill Free of charge €10  
Neteller Free of charge €10  
Ethereum Free of charge €10  
Bank Wire Free of charge €10  
Jeton Free of charge €10  
Litecoin Free of charge €10  
Dogecoin Free of charge €10  
Tether Free of charge €10  
Bitcoin Cash Free of charge €10  
Dash Free of charge €10  
MiFinity Free of charge €10  
Ripple Free of charge €10  
USDC Free of charge €10  

Velobet Withdrawal Methods

  Min. Withdrawal Time
Bitcoin €20 Within 24 Hours  
Skrill €20 1-3 days  
Neteller €20 1-3 days  
Ethereum €20 Within 24 Hours  
Bank Wire €20 2-5 days  
Jeton €20 1-3 days  
Litecoin €20 Within 24 Hours  
Dogecoin €20 Within 24 Hours  
Tether €20 Within 24 Hours  
Bitcoin Cash €20 Within 24 Hours  
Dash €20 Within 24 Hours  
MiFinity €20 1-3 days  
Ripple €20 Within 24 Hours  
USDC €20 Within 24 Hours  
Velobet Review Pros
  • Available worldwide
  • Over 10,000 live matches monthly
  • More than 40 sports pre-match
  • 400+ football markets
  • Multiple Asian Handicaps
  • Cards & Corners
  • Player Props on football/basketball
  • European & Asian View
  • Full Cash Out
  • Edit Bet
  • Live Streaming
  • 20+ payment options
  • Cryptos supported
  • More than 5 website languages
  • 24/7 Customer Support
  • High winning limits
Velobet Review Cons
  • Licensed in Anjouan
  • Below-average in-play odds
  • High margin on tennis bets
  • No Bet Builder
  • No Auto or Partial Cash Out
  • No Request a Bet
  • VISA/Mastercard restrictions
  • Low withdrawal limits
  • No mobile app
  • High bonus rollover requirements
More information about Velobet Review

Velobet Support

Hours
24/7
Support channels
Email, Live Chat
E-mail
Support languages
English, French, Portuguese

Velobet Betting

Min. Bet
$0.10
Max. profit
$200,000
Type of odds
American, Decimal, Fractional

Velobet Odds

Overall
94.40%
Football
95.24%
Basketball
94.51%
Tennis
92.54%

Velobet Login

Services
Asian View, Cash out Full, Edit Bet, Live Streaming
Websites Languages
English Finnish French German Italian Norwegian Spanish Swedish
Currencies
Australian Dollar, Brazilian Real, British Pound, Canadian Dollar, Euro, US Dollar
Platforms
PC, Mobile, Tablet
App
No
Software
Upgaming
Products
Betting, Casino, E-Sports, Games, Live Casino, Virtual Sports
Esports
CS:GO, Call of Duty, Dota 2, League of Legends, Valorant, Starcraft II

Velobet Sports & Markets

Sports
Alpine Skiing, American Football, Athletics, Australian Football, Awards, Badminton, Bandy, Baseball, Basketball, Beach Volleyball, Biathlon, Bowling, Bowls, Boxing, Cricket, Cross county Skiing, Cycling, Darts, Entertainment, Field Hockey, Floorball, Football, Formula 1, Futsal, GAA Football, Gaelic Hurling, Golf, Greyhounds, Handball, Horse Racing, Ice Hockey, Lacrosse, MMA, Martial Arts, MotoGP, Motor Sports, Motorbikes, Olympic Games, Pesapallo, Politics, Rugby, Rugby Union, Ski Jumping, Snooker, Special Bets, Speed Skating, Speedway, Squash, Swimming, TV, Table Tennis, Tennis, Trotting, US Sports, Volleyball, WWE, Water Polo, Winter Sports
Additional Betting Selections
Alternative Handicap Basketball, Alternative Handicap Tennis, Asian Bets, BAFTA, Cards, Corners, Grammy, Nobel Peace, Players points basketball, Oscars, BBC Personality
FAQ
Q: Is Velobet safe and legit?

Despite being a new bookie with only a Anjouan license, we have not gotten any serious complaints to make us question Velobet’s reliability. However, to make sure your money is safe, we will keep updating the information on this page as often as possible.

Q: Who owns the sportsbook?

The sportsbook is owned by Santeda International B.V. The same group maintains a number of online brands, including Rolletto and Cosmobet. The main offices are located at Zuikertuintjeweg z/n (zuikertuin tower), Willemstad, Curacao.

Q: Which are the Velobet-restricted countries?

The brand clearly focuses on specific countries and regions. The most notable ones are the UK and the Netherlands.

Q: What sports can I find at the bookmaker?

The sportsbook obviously covers all the mainstream sports, such as football, horse racing, basketball, tennis, and cricket. However, you can find several minor sports for pre-match and in-play betting, including ski jumping, curling, and politics.

Q: How can I file a complaint against Velobet?

If you have a complaint, the first step we always advise you to take is to try to solve it internally. If you feel this is a dead-end, you can always leave a review on this page, and we will try to get in touch with them on your behalf.

My Velobet Review review
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