Statusbet is a bookmaker turned online casino that is headquartered in the Isle of Man, where it is also licensed and regulated by the local Gambling Supervision Commission. They hold the license that allows them to operate all over Europe and most of their customers are located in United Kingdom. In fact, these guys went to great lengths to also obtain a license from the United Kingdom gambling commission, which proved their unswerving commitment to stay up to date with all the regulations.
They’ve opened shop five years ago and since then they managed to uphold an excellent reputation, while also getting registered with the Independent Betting Adjudication Service. These guys are supposed to act as an impartial referee on any disputes involving the online gambling operator its customers. So far, there were no such complaints and all those who chose to open an account with Statusbet enjoy the kind of gaming experience they were hoping for.
The customer support has also been improved greatly over the last couple of years and they now employed a team of highly trained professionals. There are fluent in German, Finnish and English, the same languages in which the website is translated, but players are only allowed to deposit and wager in Euros. Transferring funds from the bookmaker to online casino section doesn’t incur any commission.
Sports betting at Statusbet
Statusbet is a major supplier of horse and greyhound racing markets, for the fans of the genre, following these competitions all year long. There are a couple of prominent events, such as the Cheltenham Festival and Grand National that benefit from additional markets, but even obscure races are available for betting. The main difference resides in the fact that the latter are only available for wagers placed prior to kickoff, while the main events are suitable for betting in real-time.
Players from United Kingdom have the obvious advantage of watching the races as they unfold, given the fact that most of them are broadcasted live by local television channels. With live streaming being yet to be introduced by Statusbet, customers from beyond borders will only have the statistics and charts provided by the bookmaker to guide their steps.
An equally impressive compendium of facts is provided to those who bet on American sports, with the emphasis being placed on major release. US punters are particularly interested in college football, basketball, ice hockey and baseball but unfortunately players from this country are prohibited from playing at Statusbet. This explains why these sports are not currently offered, yet major tennis tournaments and international competitions hosted by the United States enjoy plenty of attention.
Cricket and rugby are two of the sports that spend a lot of time in the spotlight, which is the result of UK residents being particularly interested in these two sports. As Statusbet tries to expand to Asia, some of the local championships have also been introduced, although they are yet to rise to the prominence of their European and American counterparts. Meanwhile, all punters benefit from the advantage of using Asian handicaps and parlay bets, which are suitable for both traditional and live betting.
Navigating the website has always been easy, even though the layout and design changed radically since 2003 when Statusbet underwent a facelift. The sports are still displayed in the left side of the homepage, but punters can use additional futures for making sound leagues and matches more visible. Players are also announced about upcoming games, which comes in handy for players who prefer to wager live.
Welcome bonuses and free bets at Statusbet
Statusbet doesn’t have any restrictions and players from all over the world can open an account, except for those from United States. The same goes for the welcome bonus, which consists of €100 and will be credited to all new members who deposit twice as much money. It is possible to only invest €20 and receive the equivalent of 50%, but this would defeat the purpose of trying to make the most of a very generous welcome package.
The rules of the free bet state that players will have the stakes subtracted after the bets are settled, so it is essential to wager on pretty high odds. This renders the necessity of focusing on odds exceeding even value virtually useless, as the first bet is usually placed on significantly higher odds. It comes in handy that accumulator bets are accepted throughout the entire process of meeting the wagering requirements.
Speaking of which, one would have to spin the combined amount of the bonus nine times before withdrawing even a partial sum or transfer it to another casino section. Statusbet will have the next deposit matched by the same percentage, but the limits are increased to €200, which is a pleasant surprise. Most bookmakers are not offering a reload bonus and if they do they require players to deposit significantly more, but this is not the case here.
Sadly they are not as generous when it comes to mobile device users and don’t provide them with an additional incentive to use smart phones and tablets for deposits. Until recently, they didn’t have a loyalty program either, but it is now possible to attain VIP status and dwell on the associated benefits. The more friends you bring the merrier, but unfortunately showing such loyalty and commitment won’t result in a bonus being credited to either you or your friends.
Other gambling options at Statusbet
Statusbet was contemplating the possibility of opening an online casino and a poker room at the same time, as a natural expansion from sports betting. While poker fans are still left hanging and they need to look elsewhere for getting some action, casino players will get their fix here. They will even benefit from the same generous welcome bonus of €200 which has a deposit doubled and the wagering requirements can be met effortlessly by playing slot machines or scratch card games.
Table games have a lower percentage contribution, so it will take longer if you choose to play blackjack baccarat or roulette. If time is not of the essence and you truly like the genre, then you should definitely check out the live casino section as all three games are available here.
Their dealers are friendly and strive to make every minute spent here pleasant, regardless of the outcome of each gaming session. The bonus reserved to casino players can be cleared in any of these sections, but only after all the wagering requirements have been met with members are allowed to cash out profits.
Pros and Cons for playing at Statusbet
Statusbet has an impressive selection of markets and they excel when it comes to live betting which includes horse racing events, rugby union and league games as well as football. Some of these events are broadcasted by local television channels in England, but those that are off-limits can’t be watch in real-time because there is no live streaming feature.
The bookmaker is a bit restrictive when it comes to the currencies accepted and it doesn’t allow players from United States to play here either. The bonuses are pretty good and relatively easy to clear, but the absence of a proper VIP program and no rewards offered to those who bring their friends will prevent them from growing the customer base and a faster pace.
Banking and customer support
Statusbet will only allow players to deposit and withdraw funds using visa, MasterCard, Skrill, Paysafecard and bank transfers. All transactions need to exceed €10 and the bookmaker will also charge a fee of €10 for withdrawals regardless of the payment method preferred. This is not exactly the good news that prospective customers were hoping for, not to mention that the processing time ranges between three and five working days.
Customer support is offered over the phone, but players can also write an email and a response will arrive in less than one hour. Live chat support is by far the most effective one especially if you are fluent in English, German or Greek, as their specialists are fluent in these languages.
Statusbet has a Facebook, Twitter and Google+ accounts where players can post questions, suggestions and interact with the bookie on many levels. The only shortcoming of this solution is that it takes slightly longer to find an answer for pressing questions, which makes it more suitable for general inquiries.