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- 1 iBet offers services for an impressive range of esports, sports, and casino games.
- 2 Instant payments with e-wallets; deposits enabled via Visa, Mastercard, and more.
- 3 Live casino cashback – 5% up to 300 Euros.
Online Gambling Revenue and Participation is Growing Rapidly
Identifying law-abiding, licensed, and transparent betting service providers is essential to avoid falling into traps or becoming victims of scams. Here’s a brief review of online betting service provider iBet. The review includes an overview of the key features of this provider, its registration details, promotions, and other important information, as well as user reviews.
Online betting stats: Data from Statista shows that the online gambling industry is expected to be worth over $125 Billion by 2027. In 2022, the industry revenue was pegged at $74.42; in 2023, the figure was over $86 Billion; in 2024, it is expected to be over $98, and by 2025, revenue is forecasted to cross the $100 Billion mark. The global population engaged in online gambling activities grew by over 15% in 2023 (year over year).
Online sports betting contributes the biggest share of the total gambling revenue, followed by casinos and lotteries. iBet offers all these on its platform.
iBet: A One-Stop Betting Service Provider
Overview
iBet is a comprehensive suite of sports and casinos for betting. The best example of how elaborate this service is in terms of popular sports is Tennis. It allows users to make money from the biggest ATP and WTA events to ITF and even junior-level tournaments.
Red and Black are the predominant colors of the website. Using iBet is a smooth experience. Game stats and any other information pertaining to the sport are clearly visible on the interface. Again, taking the example of a singles Tennis match, match stats, including a number of aces, double faults, error percentage, and so much more information, are presented in an accessible yet neat way. Match scores can be seen live along with other information without logging in.
Like the Sports section, the casino section has an impressive selection of fun games. Katmandu, Monkey God, Book of Dead, and iBet Black Jack are just some of the games from the pool of casino games.
iBet also offers an affiliate program. A good number of testimonials of the affiliate program are available on the website.
Registration and Payment/Withdrawal Methods
Registration details are visible permanently at the bottom of the website. iBet is registered in Malta, an island nation in the Mediterranean Sea. The official website reads, “The official number and date of issue of the license is MGA/B2C/748/2019, issued on 03.12.2020. Claymore Malta is licensed by the Malta Gaming Authority (MGA). This public regulatory body is responsible for the governance of all forms of gaming based in Malta. Find out more about the MGA at www.mga.org.mt”
Mastercard, Visa, MiFinity, MuchBetter, Skrill, Netller, Neosurf, and Paysafe cards can be used to make deposits after signing up. The processing time for all these deposit methods is instant, with a minimum deposit limit of 10 Euros. The max limit for Visa and Mastercard is 10,000 Euros, while for others, it is 20,000 Euros. Withdrawals are facilitated by E-wallets, including MiFinity, MuchBetter, Skrill, and Neteller, and the transaction processing is instant. For withdrawals in the form of Bank transfers, the processing time could be anywhere between 1 to 3 days (depending on the region and bank). The minimum withdrawal limit is 20 Euros, while the maximum limit is 10,000 Euros.
Cashout, Betting Rules
Cashing out, which means settling the wager before the event’s outcome, is possible, but the option is available with a set of conditions and is ultimately subject to iBet’s discretion.
iBet clearly lists and explains betting rules for each betting event it offers. For instance, the betting rules under Tennis clearly state that bets will stand even if the player withdraws from the tournament or the match venue is changed. Similarly, for Football, from the number of corners by a player and a team to the number of booking points, the options are across an impressively wide range, and iBet explains what is being wagered very clearly. It is highly advisable to learn the betting rules before betting on any sport or other events.
Conclusion
iBet has various partnerships that facilitate deposits and withdrawals. Transactions to e-wallets are instantly processed. Cashing out is possible, however, unsurprisingly against a set of conditions and subject to iBet’s discretion. iBet’s conditions are clearly laid out for each sport and betting event, and it is a must-read to have a smooth and tension-free experience.
Sports and casinos attract millions globally, both offline and online. The online betting scene for e-sports, sports, and casinos took off after the Internet revolution. Convenience and a good variety of options in terms of betting events and features can determine the success of betting platforms. iBet, with its impressive layout and event selection, undoubtedly has the potential to be a one-stop online gambling destination for those looking to take their sports and casino experience to another level.
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Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.
