BetEast Review

Despite the fact that it was only established in 2016 BetEast is a large betting operation with a diverse offer that caters to the needs of plenty of punters in many different countries. BetEast covers a vast range of sports and also offers online casino gaming.

Company Details

As the name clearly suggests BetEast started off as an Asian betting company, but the UK market is the company’s primary focus. BetEast has offices in several country and it already employs about 500 people. This new bookmaker accepts customers from more than 50 different countries and it already services more than one million people.

BetEast is operated by TGP Europe Ltd, a company that is registered in the Isle of Man. The bookmaker is licenced by the authorities of the Isle of Man, but it also has a licence issued by the UK Gambling Commission, for its operations in the UK. BetEast is the official sponsor of Swansea City, a Premier League team from Wales. The website is available in English and Chinese and you can switch between fractional and decimal odds.

Bonuses and Promotions

BetEast doesn’t offer a welcome bonus for new punters, but all customers can claim certain promotions that are offered at all times. First, there’s the Monday Racing Fever bonus. This is a horse racing bonus and it applies to all bets placed on UK and Irish races, provided that the bets are placed on a Monday. The minimum amount in order to qualify is £5. If the horse you wagered on finishes second, but loses only by a single head or less, you will receive your original wager as a money back bonus, up to a maximum of £25.

In order to claim this promotion you will need to contact BetEast’s customer support team, and you have to do it in 7 days after the qualifying bet has been settled. The free bet has to be used within 5 days. The bonus offer is valid for single bets, not multiples and if you place an each-way bet, only the win part counts towards the offer. If your bonus wager wins, you will only receive the winnings and not the original bonus stake amount.

Football punters can benefit from another great promotion, the Mega Acca Bonus. This bonus is available for all bets placed on English Premier League and Championship bets. The bonus depends on the number of selections that are included in your acca. With 4 selections you will receive a 5% bonus, with 5 selections the bonus is 10% and if you add 14 or more selections the bonus will raise to massive 100%. The bonus must be claimed within 7 days after the qualifying bet is settled.

All selections in the wager must be on the ‘fulltime match result’ market on EPL and EC matches. Only the bet winnings are calculated, not the returns. The bonus amount is credited as real cash. The maximum bonus amount is £1,000. Multiple bets and in-play bets don’t count towards the promotion.

Horseracing punters will certainly like the ‘Best Odds Guaranteed’ promotion which is to ensure that customers will always be able to place bets at odds that are most favourable for them. The offer is valid for all UK and Irish horse races and has a maximum winnings limit of £1,000.

Sports Markets and Odds Value

If you have a look at the main page, right below the ‘Quick Picks’ menu you will notice the full range of sports and other categories that are offered at BetEast. There are more than 25 different sports, including all sports that are popular in the UK, such as horse racing, football, tennis, the two rugby codes and golf, but also American football, basketball, chess, handball and a number of other sports. Moreover, you could also bet on eSports, and on the ‘Specials’ page there are betting markets that are not connected to sports, mostly politics, but also entertainment and TV.

If you’re a football fan, you will have the opportunity to choose from more than 90 markets per individual match, especially for matches of the stronger and more popular competitions. BetEast covers a really wide scope of leagues, including U20 leagues, friendly matches, and even leagues like Norway’s 4th league and similar minor leagues.

Markets are divided into several categories including main markets, goals, halves, match specials and period bets. You can bet on the total number of goals, on the number of goals in each half, of the number of goals that will be scored by each of the two clubs, as well as whether both teams will score, if there will be a goal in the first 10 minutes and multiple other options. There’s also a ‘Transfer Specials’ category where you’ll find a lot of transfer related markets. You can bet on the hottest transfer gossip at the moment, like whether a player will remain at his current club, or move elsewhere.

Selections are added to the bet slip by clicking on the respective odds and once you add multiple selections you can choose the type of bet or bets that you’d like to place. BetEast offers live betting (in-play betting) on a number of sports. Live selections can be combined with other live selections, as well as pre-match bets.

Banking Options

beteast-banking
BetEast Banking Options

BetEast accepts deposits and withdrawals via Skrill, Neteller, as well as credit and debit cards (Visa and MasterCard). The minimum and maximum deposit amounts depend on the method you choose. If you deposit using a card the minimum amount is £5, whereas for Skrill and Neteller the minimum is £20. The maximum deposit amount is £5,000. The account from which you wish to deposit to your betting account has to be in your name, otherwise the deposit won’t go through. Deposits are processed instantly.

Winnings can withdrawn to the same account that was used to make the initial deposit. The minimum withdrawal amount is £5, whereas the maximum amount that you can withdraw is £5,000 per day. Before your first withdrawal can be processed you will need to provide supporting documentation, including proof of ID, proof of address and a credit card copy (if you’re withdrawing to your credit card).

Customer Service

At the FAQ section you will find a lot of useful answers to many of the questions that you may have regarding your betting experience with BetEast. If you seek more specific advice you can always contact the bookmaker’s customer service. You can get in touch via email and live chat, and alternative you can submit an online support ticket and then wait for an email response.

Conclusion

BetEast offers everything that a punter can expect from a reliable bookmaker. A lot of sports are covered and there are particularly plenty options for football and horse racing fans, and football and horse racing are the two most popular sports in the UK. Unfortunately, there’s no bonus for new punters, but there are few other promotions.

Pros

  • Great options for football and horse racing
  • User-friendly website
  • Offers cash out

Cons

  • No bonus for new punters
  • Few accepted payment methods