Players from United States can't register at LSbetOne of the new online bookmakers trying to break the ice and make a name for itself in Europe, Lsbet is celebrating three years of existence in 2015. It all started with the bookmaker section in 2012 and since then these guys have greatly expanded their selection of gambling products while offering customized service. This reflects in the user-friendly interface that allows members to use a broad selection of filters to simplify the betting process and the reliable online casino section.
Lsbet is aimed almost exclusively at European market, but allows customers from other continents to wager on sports or play casino games. Having said this, the website is available in a dozen of languages and they also allow customers to deposit and cash out funds in various currencies. Unlike other bookies that restrict the number of currencies to Euros, US dollars and Great Britain pounds, these guys have included an additional six currencies.
The advantage of getting to choose between all these currencies is that you don’t pay any commissions and don’t have to worry about unfair exchange rates. The number of restricted countries is relatively small, with notable exceptions being Denmark, the Netherlands and France. Not surprisingly, players from United States will not find a home and Lsbet, as this is one of the many online gambling operators that denied them service.
The casino license was granted immediately after the bookmaker section was established and it was issued by the authorities in Curaçao. This is where the company is located and adheres to the security standards enforced by the local commission. Cashing out funds can take up to a couple of days depending on the payment method used, with electronic wallets and credit cards being the fastest ones.
Transferring funds from the casino area to the bookmaker is instantaneous and commission free, so members can move funds freely from one place to the other. Betting on sports is possible on mobile devices as well as desktop and laptop computers, with all the players qualifying for the same bonuses. There are occasional promotions aimed at rewarding the ones who are ready to experience the thrills of betting on smartphones or tablets and these campaigns are not mutually exclusive.
The website could use a revamped as it hasn’t changed much since 2012 and some of the graphics look dated, but it still works as intended. The choice of colors is another proof that the developers of Lsbet focus mostly on convenience, with the layout being the same used by the vast majority of bookmakers. They stay consistent when it comes to the online casino, so the learning curve is pretty smooth and players will find their way around with ease.
The bookmaker margin is pretty fair and the payouts revolve around 92% which is not spectacular, but in line with what bookies offer. The same goes for the random number generator which applies to all online casino games, except for blackjack, baccarat and roulette which can also be played against real dealers.
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Lsbet Reviews by players ( 1.00 / 10 )
Rate and review Lsbet
From 1 to 10, what score would you give?
1 / 10
Great stake limits and selection of bets.
Very slow withdrawals and huge scam history. Everything is well as long as you deposit money and dont make any withdrawal. When you make withdrawal tjere is allmost impossible to get out even 10% of your deposits. Sometimes you got it but everytime it takes mamy days or weeks and you habe to ask it many times in live chat.
1 / 10
No Tax
I was betting at LSBet because of its promotion for german soccer bundesliga which was called "50% risk free bet". You had to bet at least 20 Euro on an accumulator of four elements with odds of 1.5 or bigger. If you don't win but have three elements right, you should get a Free bet worth 50% of your original wager up to 50Euro. I placed a 100 Euro bet and fullfilled all requirements. I lost the bet but had 3 out of 4 elements right. As I wanted to claim the risk free bet of 50 Euro, they denied and told me that I "do not qualify for this promotion". They didn't tell me any reasons for that and said that this was a decission of the finance manager. I was only betting at lsbet because of this promotion. I wouldn't have betted 100 Euro on an accumulator with four elements if there wasn't a 50% Cashback-Offer! So I am very disappointed and angry about LSBet. They change offers and don't stick to their word. Avoid LSBet by any chance!