LiBet Sportsbook Review

LiBet is a new and exciting online casino that was launched a year ago, in 2024. The platform is owned and operated by Open Gate Holding and has an official license from Costa Rica. This means that LiBet is not registered or regulated by GamStop regulations, meaning more flexibility and thrill for players located in the UK. 

LiBet Casino has a wide selection of games, including casino games, live casino tables, instant games, and more. The site also offers an extensive sportsbook to its users and allows them to place their bets on multiple sporting events. 

In this article, we are going to discuss the casino bonuses and promotions, sportsbook selection, payment options, and unrestricted betting solutions for UK players. If you are someone who is in search of a genuine betting site that has it all, then you should check out this article and get all the info you need. 

LiBet Sportsbook Overview

LiBet has been operating offshore since 2024. Despite the fact that it is not registered in the UK, the platform follows all the needed security regulations and standards. Their license is from Costa Rica, which for players means increased flexibility and more possibilities. The company that owns LiBet is also registered in Costa Rica. LiBet is so far the only online casino that Open Gate Holding owns. 

The visual part of the site is simple and stylish. The purple background makes the atmosphere calm and elegant. The user experience is smooth with every filter and category in its place. You can easily find games, bonuses and promotions, payment methods, and everything you’re looking for. 

Betting Features

LiBet has over 41 sports markets, and the selection is always updating as soon as a sport enters its season. Among many other games, football is the main betting event with over 700 matches and championships. Other sports are basketball, tennis, volleyball, and many more. They have hundreds of events where you can place your bet and win big. 

Along with widespread sports, players can find more niche ones on LiBet. These include sports like sumo, cycling, futsal, chess, lacrosse, and others. You can either bet on upcoming games or watch live sports and see how the events unfold. This is why LiBet offers a live betting option and adds a wager changing feature as the game is still going. 

The layout is pretty simple: you can filter events by category, country, championship, and whether or not they are live or upcoming. Bets can be presented in European, American, Hong Kong, Malaysian, Indonesian, and Fractional formats. So you can adjust the betting options; it all depends on which format you’re used to. 

On the right side of the screen, you can also find a window for live broadcasts. This enhances the overall experience and time spent on the site and makes it easy for users to bet comfortably and win big. 

Promotions & Bonuses

LiBet stands out as an online casino with generous bonuses, especially the ones dedicated to sportsbook betting. The freedom from UKGC regulations allows the casino to create and offer various bonuses to its players and give them increased chances of winning.

Take a look at the sportsbook bonus options at LiBet Casino:

Welcome Package – The sportsbook section of LiBet has a multi-deposit Welcome Bonus. Players can get Freebet and up to 700 GBP, 900 GBP, and 1100 GBP on their first, second, and third deposits. The minimum amount of money you should deposit is only 20 GBP, which is relatively low compared to other sportsbook sites. Free bet wager is 10x for all three bonus options, and the minimum odd free bet is x1.50.

Multiboost Bonus – Along with the Welcome Package, LiBet has multiple bonus options for sports betting, the Multiboost Bonus. To take advantage of this bonus, you’ll need to put a bet combination on your favourite sports bet with 3 or more bet selections and increase your profit up to 70%.  

Moneyback – This is another exciting bonus option for players. This is how it works: Every week, the LiBet analyst team selects a list of sports events, and in case of a certain outcome, players can get all their money back. For instance, if there was no draw between the last 10 games between two teams and LiBet team hopes it continues the same, players can place a bet on the Winner of the match, and if it ends with a tie, the casino will refund all the lost bets. 

Superodds – Once a week, LiBet is putting super odds on certain events so players can receive the maximum profit from betting and win big.

Payment Methods

There are two accepted currencies on LiBet Casino: EUR and GBP.

Payments can be made with credit/debit cards, bank transfers, and cryptocurrencies. Minimum deposit is 20 GBP, which is, as mentioned above, relatively low compared to other sportsbook sites. The maximum deposit limit reaches 5000 GBP, but it may vary depending on the payment method you choose. Deposits are usually instant and take only a few seconds to transfer your real money into your account. Therefore, you can keep on playing with no technical issues in sight. 

Withdrawals are also simple and take less time than many other online betting platforms. The average time for the casino team to process your withdrawal request is 24 hours; however, final transfer of funds may take a bit more time, and that, too, depends on the payment method you choose. The minimum amount for withdrawals is 40 GBP for every payment method, and the maximum is 10,000 weekly. The limit is set to an average cap, so you can win big and withdraw your winnings with no additional restrictions. 

Accepted cryptocurrencies are Bitcoin, Ethereum, Litecoin, and Tether. This option allows players to transfer their funds in a shorter time and more securely, directly to their accounts. With such convenient payment methods, players can focus on their gaming experience rather than worrying about logistics and bureaucracy. 

Here’s a list of withdrawals and deposits for a better view:

Payment Time	Minimum Amount	Maximum Amount	Processing Time	Payment Options
Deposit	20 GBP	5000 GBP	Instant	Credit/Debit cards; Cryptocurrencies
Withdrawal	40 GBP	10000 GBP/Weekly	24 Hrs	Credit/Debit cards; Crypto currencies; Bank transfers

Customer Support

LiBet offers a 24/7 live chat option with a helpful customer support team, ready to help players with anything. There is also an email option for more complex questions or issues. You can contact them at [email protected]. Unlike many other sites, for more convenient communication, you can also choose WhatsApp or Telegram and talk to the support through those apps. 

Is LiBet Worth It for Sportsbooks Betting?

LiBet is one of those new casino sites that know exactly how to attract new players and what offers to make. They are well aware that with generous bonuses, wide-ranging sportsbook game selection, non-GamStop regulations, and flexible payment options, more and more players will join them, and rightfully so. 

It seems that everything is in its place on LiBet, and even though the payment options may lack some E-wallet variations, there are plenty of others to choose from. Apart from the functional part, the visual side of the site is well-designed and built with simplicity and usability in mind. 

This is a perfect place for non-GamStop players who want to bet on sports, including widely-played sports like football, basketball, tennis, or more niche ones like lacrosse, futsal, chess, and many more. 

So if you’ve been looking for a safe and fun alternative to UKGC-regulated sportsbooks, you should definitely try LiBet out and experience the joy of winning big with no additional regulations. 

If you’re exploring new platforms beyond LiBet, you might also enjoy our in-depth CasinoJoy Sportsbook Review – a great comparison point for sports variety and bonus structure.

F.A.Q. About LiBet

1. Does LiBet have a license?

Yes, the LiBet site is licensed by Costa Rica, and it operates offshore, under Costa Rican regulations.

2. How many markets are there on LiBet for sportsbooks?

There are up to 41 markets you can choose events from.

3. Does LiBet accept Crypto payments?

Yes, LiBet Casino accepts Bitcoin, Litecoin, Tether, and Ethereum. You can make deposits and withdraw money using crypto. 

4. When was LiBet created?

LiBet officially started operating in 2024.

5. Who owns LiBet?

Open Gate Holding is the owner company of LiBet. The owner is also registered under Costa Rican law.