Ryan's Thoughts"LeoVegas might be one of the newest sportsbook brands on the market - it was only launched in 2016 - but it has been a solid addition to the industry. Launched on the back of a successful, award-winning casino operator, LeoVegas is a mobile-first company which marks it out from the crowd. A massive selection of slot games is a useful addition to the decent sportsbook, but LeoVegas is not quite ready to compete with the biggest online bookmakers on the internet."
Things We Like
Sign-up offer - LeoVegas Sport has one of the top initial promotions around.
Casino games - Great range of extra gambling options on the LeoVegas site.
Usability - Mobile-first design means betting while on the go is a pleasure.
Odds - Competitive prices come from the same provider as Unibet and 888sport.
Things We Do Not Like
As LeoVegas Sport is so clear about being a mobile-first gambling company, those who prefer to place bets via a desktop computer may find other sportsbook operators to be preferable. Maximum winnings are also pretty low when compared to other sportsbooks online, even those that are also mainly casinos. A top payout of £100,000 is unattractive when others offer up to £2 million.
At A Glance - Important Facts
- Name - LeoVegas Sport
- Stock Symbol - Trading on Nasdaq Stockholm: LEO SDB
- Head Office - Stockholm, Group HQ, Malta, Gaming Ltd
- Year Incorporated - 2011 in Sweden
- CEO - Co-founder Gustaf Hagman
- Major Awards and accolades - Mobile Operator of the Year in 2016 at the EGR Nordic Awards and Casino Operator of the Year 2016 and 2017 at the Gaming Intelligence Awards
- Contact Info - UK free phone: 0808 189 0184 or + 356 277 811 87 for an international call
LeoVegas Bookmaker Review
The LeoVegas Sportbook is one of the newest on the internet, having been launched in 2016, appearing online just before the Euro 2016 football tournament. Even the parent company of the sportsbook, LeoVegas AB, only dates back to 2011, so anyone who likes their gambling companies to have a long history may want to look elsewhere.
Gustaf Hagman and Robin Ramm-Ericson set up LeoVegas in Sweden with the aim of becoming the best mobile casino and while the company may have some progress to make before achieving that goal, they are certainly on the right path to do so.
Markets Covered and Odds - Live In-play and Prematch
Like a lot of the smaller sportsbooks that have been launched off the back of an existing casino company, the selection of markets covered by LeoVegas is not as deep as the biggest brands. However, even sports such as futsal, bandy, chess, pesapallo and eSports are offered by LeoVegas, so those who do not just want to bet on football may find something to catch their eye.
Kambi Group compiles the odds for LeoVegas Sport, which are reasonably competitive even compared to the biggest prices on the market. The company also provides odds for Unibet and 888sport, which means the odds at LeoVegas Sport are not unique.
Live In-Play Betting
With LeoVegas being a mobile-first company, it is no surprise that the sportsbook works so well when accessed by a smartphone or tablet device. Placing a bet while on the move is rapid, while in-play options are the first thing you will see when logging in at LeoVegas Sport on your mobile device.
There is no live streaming currently available at LeoVegas Sport, however, which loses the sportsbook some points when compared to the biggest companies operating in the sports betting industry. It is preferable to be able to place bets on a match in-play and then follow the action in the same place, but perhaps LeoVegas will add this option at a later date after they continue to grow.
Other Gambling Products
LeoVegas is strong in this department as the sportsbook was launched on the back of a casino product that was already regarded as one of the best around. Having won Casino Operator of the Year at the Gaming Intelligence Awards in both 2016 and 2017 it is clear that the LeoVegas casino is one of the best around.
Users get the chance to play on the LeoVegas live casino - which boasts various blackjack and roulette games to try out - while there are currently over 600 online slots to have a go on as well. Some of the top games up for grabs in the LeoVegas Sport have jackpots of over £1 million, so it is well worth trying them out to see if your luck is it - you could win big!
Sponsorships and Associations
LeoVegas Sport is the Official Betting and Gaming Partner of English rugby union team Leicester Tigers, a fitting association for the company given the lion-themed branding. An agreement signed to the end of the 2018-2019 Aviva Premiership season means the online casino's brand logo appears on the Leicester Tigers' team shorts.
Shenaly Amin, UK and Ireland manager for LeoVegas, said: "This sponsorship deal is with one of the biggest rugby teams in the world and is a major statement of intent from LeoVegas.com which emphasises our commitment into becoming a leader in the sportsbook market."
LeoVegas Sign Up Bonus Offers
LeoVegas Sport has a slightly different sign-up bonus to other sportsbooks, offering account holders access to its Double Profit Boosts offer. This is how it works:
Sign Up Bonus
Double Profit Boosts
Deposit £10 to qualify
- Offer only available to users who sign up via the LeoVegas mobile site
- Make a first deposit of £10 or more to qualify for the Double Profit Boosts offer
- Add 100% Profit Boost on the betslip and wager a maximum bet of £5
- Maximum odds offered through the promotion is 20/1, so total winnings cannot top £105
- Deposits made via Skrill or Neteller are not eligible for the bonus
LeoVegas Sport also offers 100 free spins and a welcome promotion worth up to £1,600 to those signing up to its casino. Ssers heading to the LeoVegas live casino can get a 100 per cent deposit bonus of up to £250.
VIP Loyalty Program
The VIP Loyalty Program at LeoVegas was launched in 2016, with 99 tiers to work through. VIP users get exclusive Roaring Reward bonuses and various other unique promotions. However, the VIP program is mainly tailored at casino users at LeoVegas, rather than sports betting fans.
What is good about the VIP Loyalty Program at LeoVegas Sport is that you are opted in automatically as soon as you sign up to get an account with the site.
Mobile Betting App Features on Tablets and Smartphones
As LeoVegas is a mobile-first company, the site is actually easier to use via tablets and smartphones rather than on a traditional desktop computer. An app for Apple or Android devices is also available to be downloaded, with this one of the best in the business as well.
For those who want to place sports bets while out and about, there are not many sportsbooks as user-friendly via mobile as LeoVegas, but the lack of live streaming does lose the bookie points. LeoVegas does claim to have the fastest sportsbook in the world, though!
LeoVegas protests the personal details of account holders by a 2048 bit SSL certificate, which guarantees you the highest level of security possible from an online casino company. The firm is also licensed and legally regulated by the Malta Gaming Authority.
For horse racing bets placed on the LeoVegas Sportbook, a maximum limit of £100,000 will apply for races held in Great Britain and Ireland, with the same limit applying to Group 1 races outside of the country, dropping to £25,000 for lower class races elsewhere in the world.
This limit is quite low compared to the maximum winnings offered by some of the major betting companies online, especially as the £100,000 payout limit is also in place for football and other sports available to bet on with LeoVegas.
Unlike some of the major bookmakers in the betting industry, LeoVegas does not have any special bonus scheme for its football accumulators. With some operators offering users a 100 per cent bonus on football accas, LeoVegas is not the most appealing bookie out there for these bets.
Banking - Deposits and Withdrawals
LeoVegas has all the major deposit and withdrawal methods you would expect. Full details here:
LeoVegas Accept The Following Payment Methods
|Debit Card||£10||£3k||Instant||Free||£20||£4k||3-5 days||Free|
|Credit Card||£10||£3k||Instant||Free||£20||£4k||3-5 days||Free|
|Bank Transfer||£10||£1k||3-5 Days||Free||£20||£10k||3-5 days||Free|
Unusually, LeoVegas says that the company reserves the right to pay out requested amounts in excess of £10,000 in equal instalments over a period of up to (10) months, although LeoVegas stresses that this very rarely happens.
A full and detailed FAQ section is a good place to start when seeking answers to queries about a LeoVegas account, but there is also an email address - email@example.com - and a UK free phone number (0808 189 0184) that can be used to contact LeoVegas customer service agents.
Perhaps the best way to get in touch is via the live chat facility, which is available 24 hours a day. Agents are very helpful whatever your query and there is rarely any longer than a short wait.
You can even write to LeoVegas if you have a problem you want to deal with by post. The company is based in the 7th floor of the Plaza Business Center on Bisazza Street in Sliema, Malta and its postal code is SLM 1640 and complaints can be sent to the Lotteries and Gaming Authority of Malta via firstname.lastname@example.org.
In Conclusion / Our Verdict
LeoVegas is a sportsbook with a lot of potential, but there are a couple of things that need to be added before a full recommendation is possible. Live streaming is a must in the modern era and LeoVegas will be unable to match the big boys until it addresses this on the site. But the casino is excellent - certainly one of the best around - so for those who mainly want to play slots with some sports betting on the side, LeoVegas is a decent option despite their low maximum winnings.