EnergyBet Review

EnergyBet is a relatively new European bookmaker, available in English, German and Polish. The website was established in 2016 and it offers betting on over 40 different categories, including sports, eSports, as well as non-sports events.

Company Details

EnergyBet is owned by Probe Investments Limited, a company which is located in Malta and works under the legal framework of the EU, as Malta is an EU member. This bookmaker is licenced by the Maltese authorities, but it also holds a licence issued by the UK Gambling Commission, and it offers services to UK customers under that licence. In addition to sports betting, EnergyBet also offers casino gaming, including live casino games.

Bonuses and Promotions

EnergyBet £25 BonusAll new punters who register with EnergyBet can claim the Sportsbook Welcome Bonus. On your first deposit, you will receive a 100% matchup bonus up to £25. Before you can withdraw your money, you will need to wager your starting balance (the deposit plus the bonus amount) 5 times and only then you’d be allowed to cash out. The qualifying bets have to be combination bets, system bets will not be taken into consideration. Qualifying bets need to include at least two selections at cumulative odds of at least 4/5 (1.80), whereas the individual odds for each included selection need to be at least 1/4 (1.25) or higher.

The EnergyBet Welcome Bonus can only be used in the bookmaker, not the online casino. The minimum deposit amount in order to qualify is £10. You may not place multiple bets on the same event, within the same market and if you do that your account might be terminated. You will be able to redeem your bonus within the first 20 minutes after the last bonus bet has been settled.

EnergyBet Weekend Acca

New punters can also claim the Weekend Accumulator Offer on their first accumulator bet with at least 4 selections. If only one selection misses on your first qualifying acca bet, then you will receive a refund of up to £10. The odds per selection need to be at least 1/5 (1.20). The offer applies to both pre-match and live bets. Your bet needs to be settled before Sunday at midnight in order to qualify. The wagering requirement for this bonus is 5 times, at odds of at least 3/4 (1.75). The bonus funds are awarded on the following Monday by 5pm.

A bonus similar to the Weekend Accumulator is offered for accumulator bets placed on European cup competitions like the Champions League and League Europa. The rules are more or less the same. The maximum refund for League Europa acca bets is £20. If you make a deposit on a Monday and wager at least £25, you will get a £10 the next day, whereas if you wager £50 or more, you will be awarded a bonus amount of £25. The wagering requirement for this bonus is x10, at odds of at least 3/4 (1.75).

Sports Markets and Odds Value

EnergyBet Markets
Sports Markets – Click on the image to enlarge it.

If you choose ‘Sports’ from the main menu, you will be able to see all the sports and other betting categories that are offered at EnergyBet. The betting offer is quite diverse and impressive. The list includes football, horse racing, tennis, cricket, and many more. You can also see the number of events that are currently available for betting. Football usually features a lot more events compared to other sports. If you click on football, you will be taken to a new page, where you would be able to choose events by country or region.

If you’re a football punter, you will be pretty satisfied with the betting offer. Usually, there’s a vast array of markets, especially for matches in popular competitions, such as the UEFA Champions League, the English Premier League, as well as other national leagues. For some matches there are over 200 different markets. As there are so many markets, they are divided into multiple categories.

Match betting markets, total goals (over/under), double chance, both teams to score and draw no bet are considered to be primary markets. When it comes to total goals, the range of selections at EnergyBet is truly impressive, you can bet if there will be more or fewer goals than 3, 4.25, 5.75, you name it. Handicap and Asian handicap betting is also offered, as well as halftime betting and halftime/fulltime. You can even bet on cards, corners, and there are plenty of special markets.

In addition to sports, at EnergyBet you can also bet on politics, including general elections, permanent party leaders and other markets. Betting on TV shows, movies and other entertainment categories is also available. The odds can be displayed as decimal or fractional. Since EnergyBet appeared in 2016, and by then many other bookmakers have already been established, offering lower margins was one of the ways to attract new customers. EnergyBet offers very competitive odds, and that’s one its strongest assets.

Banking Options

EnergyBet Banking Options
EnergyBet Banking Options

EnergyBet accepts a range of payment methods, including credit and debit cards, Neteller, Skrill, Trustly, Sofort, Zimpler, Paysafecard, EntroPay and several other. The availability of a particular method and the conditions under which deposits are accepted depend on the punter’s country of residence. The operator has the right to change the availability of methods without prior notice.

Credit card deposits are processed instantly. The minimum deposit amount is £10 (With Pay by Mobile it is £5) and in most cases deposits are processed instantly. In certain cases deposit processing may take up to few hours. The maximum deposit amount may vary. If you’re using your credit card, then you’d be able to deposit up to £4,000. EnergyBet doesn’t charge any deposit fees.

When you request your first withdrawal you will be asked to provide information and relevant documents before it can be approved and processed. Some withdrawals (e-Wallet withdrawals) may be processed in a matter of hours, whereas in most cases it would take between 3 and 5 days. The minimum deposit amount is either £10 or £20, depending on the chosen method. The maximum withdrawal amount may vary, it is £3,500 via bank transfer, Neteller and Skrill, and only £1,500 via credit or debit card.

The maximum amount that you are allowed to withdraw per day is £5,000. You can request one free withdrawal per week. Every following withdrawal during the same week will cost you £5. The fee is fixed. Withdraw is only possible via the same method which was used for the original deposit. If you request a withdrawal without wagering the deposited amount at least once, EnergyBet will charge a 5% administrative fee.
The maximum pay-out per bet is £75,000. So if you win a bet where the returns exceed this amount, you will only be paid £75,000.

Customer Service

If you have any particular questions or issues regarding EnergyBet you can contact their customer support team via phone, live chat or email. Alternatively, you can fill in the provided online form. Customer support is available from 9am until midnight on working days and from 1pm until 9pm during the weekend.

Conclusion

EnergyBet is a great option, especially for football punters. It covers a lot of events and many markets are offered. Live betting is also available. The odds are quite favourable and you would definitely win more money compared to other online bookmakers.

Pros

  • Vast range of sports available
  • Hundreds of football betting markets
  • Great odds value

Cons

  • Restrictive withdrawal policy
  • High bonus wagering requirement