Ryan's Thoughts"RedBet is not be one of the biggest names in the world of online gambling, with the company having only recently launched its sportsbook. In a very competitive field, RedBet is hoping to attract customers with a clean, eye-catching design and it certainly has some potential."
Things We Like
Design - The look of a sportsbook site is important and RedBet's is excellent.
Asian view - Perfect for those who love to play with handicap odds.
Depth - New sports like eSports are covered in good detail.
Variety - Having been initially a casino, there are loads of games available to play.
Things We Do Not Like
The lack of horse racing on the RedBet sportsbook is one of the more surprising things about the company and many people will not want to sign up for an account with the company as a result. But it is worth noting that the sportsbook at RedBet is still relatively new and horse racing might well be added as a result.
At A Glance - Important Facts
- Name - RedBet
- Stock Symbol - Parent company Bonnier AB is privately owned
- Head Office - Stockholm, Sweden
- Year Incorporated - 2002
- CEO - Tomas Franzen
- Major Awards and accolades - n/a
- Contact Info - +44 (0) 203 318 4821, firstname.lastname@example.org, Evoke Gaming Ltd, 85 St John Street, Valletta, VLT 1165, Live chat also available
RedBet Bookmaker Review
RedBet's history dates back to 2002 when the company was founded, with operations launched a couple of years later. The sportsbook has only recently been launched, with the company looking to branch out into more of the European market after growing its customer base in Scandinavia.
Markets Covered and Odds - Live In-play and Prematch
The lack of horse racing betting will be a real problem for a lot of punters, but those who are not interesting in placing wagers on racing will find plenty to like about the RedBet sportsbook. Basketball is one of the main sports covered here, while tennis and football markets are strong.
It is fair to say that the odds on offer at RedBet are not the best and if the firm is serious about building a reputation as a bookmaker to keep an eye on, their prices are going to have to improve. RedBet does offer an 'Asian view' which makes handicap betting easy though, which is a plus.
Live In-Play Betting
Live in-play betting is available on the RedBet website, which works pretty well for those looking to follow ongoing events. Unfortunately there are no stats available, which is a shame as they can really elevate a bookie's live offering to the next level. The depth of the market is good, however.
Other Gambling Products
As RedBet's sportsbook has been launched on the back of a successful casino, it is no surprise that this area is a particular strength for the company. The RedBet casino is excellent, so the bookie is a good choice for those who want to use a casino and place a few sports wagers on the side. Poker is available and a live casino features games such as roulette, blackjack and baccarat.
Sponsorships and Associations
Perhaps the next step for RedBet is to snap up some high-profile sponsorships to increase the reputation of the company. A lot of other new sportsbooks have taken this step and RedBet's lack of brand recognition would certainly be improved if the company was to team up with a Premier League football club, as an example.
RedBet Bonus Codes
New RedBet users can get a £10 free bet when they join. Here's how the sign-up offer works:
Redbet Sign-up Bonus
£10 in Free Bets
Place a £10 bet to qualify
- Join RedBet - no bonus code is needed - and make your first deposit
- Then place a bet of £10 using odds of 1.8 (4/5) or higher to qualify for the offer
- RedBet will automatically add the £10 free bet token to your account
- Free bet stake is not returned in any winnings from the subsequent wager
- Cashed out bets will not count towards any qualifying requirements
VIP Loyalty Program
RedBet does not appear to offer any sort of VIP Loyalty Program at the present time, not even on the company's long-established casino, which feels like a bit of an oversight.
Mobile Betting App Features on Tablets and Smartphones
The RedBet mobile site has the same red and white colour scheme as the main website, with live in-play sports placed at the forefront of the options available. Unlike most other sportsbooks in the modern era, however, RedBet does not look to have a mobile app available. This is a shame as many users like to place bets via their Apple and Android smartphones and tablets these days.
Maximum winnings is not available on the RedBet website, which is a major red flag. When live chat were contacted for answers on this issue, they directed to a Russian website that detailed maximum winnings of €100,000. Even for a relatively new sportsbook, this is very low indeed.
No specific bonus scheme is available for football accumulators on the RedBet sportsbook, which may hold the company back from attracting football fans. Many other sportsbooks have a specific offer aimed at football accumulators, so this feels like another oversight on the part of RedBet.
Banking - Deposits and Withdrawals
PayPal is not available as a banking option at RedBet, but here are the methods on offer.
RedBet Accept The Following Payment Methods
|Debit Card||€10||€3,000||Instant||Free||€20||€3,000||1-5 days||Free|
|Credit Card||€10||€3,000||Instant||Free||€20||€3,000||1-5 days||Free|
|Bank Transfer||€10||No limit||1-5 days||Free||€20||€1,000,000||1-5 days||Free|
Customer service is only available from RedBet between the hours of 08:00 and midnight, which could be a problem for those who have an issue with their account outside of those set hours. There is a live chat facility where agents respond promptly, but they are not the most helpful.
Users can also call +44 (0) 203 318 4821 or email the RedBet customer service department at email@example.com to get an answer to their query, while there is an FAQ section on the site.
In Conclusion / Our Verdict
RedBet is a new sportsbook so it is difficult to be too critical of the company, but there is a lot of work to do if the bookmaker is to earn a recommendation. While RedBet does some things well - the sportsbook has a decent range of bets, especially on more minority sports, there are simply too many problems that need to be ironed out.
No horse racing betting and the lack of live streaming will put many off and the initial sign-up bonus is not attractive enough to get people to join RedBet either. In addition, customer service does not run 24/7, promotions are fairly basic, maximum winnings are low and PayPal is not in their banking options.
RedBet's casino is very good, however, so those who want to play slots and occasionally have a bet on the football might find an account with the site to be useful.