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Lamabet Review
YEAR EST. 2023
RATING
7.5
starstarstarstarstar
BOOK SPY
BOOK SPY

Lamabet is one of the many competitors in the offshore gambling industry that opted for the SoftSwiss dependable software. The Anjouan model relies on flexible payments, high bonuses, and a streamlined sportsbook that offers more than local brands are allowed to offer. The odds are attractive in the elite leagues of Europe and the World, and the staggering 400 markets are using the platform’s full potential. I am always pleased to see detailed player-specific bets in football and basketball, as many competitors choose not to provide these options. The negative points I kept from the bookmaker were the low payouts and the limited live streaming. These two points are usually implemented if the brand manages to carve a sizeable piece of the market over time. As for the more immediate matters, I think the terms are somewhat restrictive for an offshore bookie that aims to attract high rollers with VIP bets and unlimited winnings. This means that the operator needs to deliver big cashouts should players fulfil the fair rollover conditions of their high stakes. So far, the brand has gathered positive feedback from its user base, although the withdrawal limit is set at a relatively low €30,000 per month. In summary, I believe the bookmaker is a reliable recreational betting destination.

Lamabet, a new entrant in the online betting scene since 2023, is licensed in Anjouan and operated by Boomerang NV. It has quickly become popular in Portugal and Poland. Powered by the Softwiss platform, the bookie offers 30,000 events monthly and up to 400 football markets.

The average payout rate is 94%, though this varies widely between bets. In this Lamabet review, we study the betting site’s overall features and functionalities to bring you up to speed with one of the industry’s latest entrants.

Total Score

7.5

Betting Markets 7.6

Odds 7.7

Live Betting 7.7

Reliability 7

Payment Methods 7.6

Withdrawal Speed 7.4

Customer Support 7.9

Bonuses 8

Mobile 7.4

Sportsbook Experience 7.5

Players Rating: (0 Rates) 0.0

How the total rating is calculated

Why choose Lamabet
Localized SoftSwiss Betting
  • 35 Sports
  • High Odds on Top Pre-Match
  • Quick Bet
  • Cards & Corners
  • Points Reward System
  • Virtual and e-Sports
  • No Winning Limits
  • 24/7 Customer Support

Lamabet Sportsbook Review

Fixed-Odds Section

If you are looking for pre-match betting, Lamabet offers 35 sports, including football, tennis, MMA, and various motorbike and car racing competitions. The overall payout is slightly under 94%, as the secondary bets tend to lower the average.

Football odds are the highest the bookmaker gives. In world-class competitions such as the Champions League and the UEFA, you can find winner markets at 95+%. There are over 400 wagers in these games, including Totals, Corners, and Player Props Combos, such as “will score, but the team loses”.

Basketball offers up to 95% return on the NBA and Euroleague’s primary bets, such as winner and Over/ Under. However, Player Points, Rebound, and Assists can be found in select matches and will most likely be priced with a 7% margin.

Tennis significantly contributes to the brands’ sports section, with over 600 matches available daily. Most events will only have the winner wager open before they start, and you must expect an 8% vig on it.

Finally, you can browse the heavily populated list under the Cybersports tab for games ranging from virtual basketball and cricket to CS:GO and League of Legends.

In-Play Betting

For Live wagering, click on the Lamabet sportsbook's in-play tab to find over 10,000 matches monthly, including e-sports. With the exception of select wagers, most bets pay an average of 92.00%.

Football offers exciting options, with 40 to 170 bets during games, depending on the leagues and teams. In secondary leagues, all the essential markets are available, and then some, with many alternative and Asian lines. Top competitions will include player props and more combos.

Basketball has around 60 games daily, and the offerings change considerably, even between NBA matches. Some will have 75 markets with a payout over 93%, while others have limited choices and a vig that reaches 9%. Player Specials feature most names from the two squads, with several options for each on Assists, Rebounds, and Steals.

In tennis, wagers open up when the game starts, and you can find 40 to 80 special markets. Competitions have great coverage, and compared to pre-match, the odds are higher, reaching 93% in some instances.

Bet acceptance time is decent; you can place a stake in less than 5 seconds and accelerate the process by ticking Odds Change in settings or using the Quickbet feature.

Tools and Features

We tested all of the website’s functionalities for this Lamabet review, and here are our findings: You can use Full Cash Out to sell your ongoing bets. Live Streaming only covers minor events and e-sports, and you must punt at least €1 to activate the broadcast.

If you have a preset stake in mind and want to skim on the payouts, Quickbet will significantly speed up your wagers. SoftSwiss’ VIP Bet feature allows you to increase your stake to €1,000,000, but you must expect that the operator needs up to 15 minutes to accept it.

Unfortunately, the bookmaker doesn’t provide Auto and Partial Cash Out, so you can only sell your entire bet manually. You cannot choose more than one ongoing bet per competition, and you cannot combine them as there is no Bet Builder.

Payments & Other Info

There are over 12 languages and 4 localizations for English on the Lamabet betting site. Customer Support is reachable 24/7 through email or live chat. The bookmaker offers a shortcut and instructions for installing a web app since it doesn’t have a native application.

The transaction limits are defined and clear. There is a minimum deposit of €20 in FIAT and a fixed rate for each cryptocurrency. Withdrawals between €40 and €1,000 can be requested without charges, and there are no specified winning limits, but payouts are capped at €5,000 daily, €10,000 weekly, and €30,000 monthly.

Lamabet Info
Website
www.lamabet.com
Year established
2023
Online Since
2023
License Holder
Boomerang N.V.
Address
Zuikertuintjeweg Z/N (Zuikertuin Tower), Willemstad, Curaçao
Operating License
Anjouan
Bookmaker Type
European

Lamabet Deposit Methods

  Charge Min. Deposit
VISA Free of Charge €20  
Mastercard Free of Charge €20  
Paysafecard Free of Charge €20  
Bitcoin Free of Charge μ100BTC  
Skrill Free of Charge €20  
Neteller Free of Charge €20  
Ethereum Free of Charge m10ETH  
Jeton Free of Charge €20  
Litecoin Free of Charge m10LTC  
Multibanco Free of Charge €20  
Dogecoin Free of Charge 1DOGE  
Tether Free of Charge 5USDT  
Bitcoin Cash Free of Charge m1BCH  
Ripple Free of Charge 0.001XRP  

Lamabet Withdrawal Methods

  Min. Withdrawal Time
Bitcoin €40 up to 3 Days
Ethereum €40 up to 3 Days
Bank Wire €40 up to 3 Days
Litecoin €40 up to 3 Days
Dogecoin €40 up to 3 Days
Tether €40 up to 3 Days
Bitcoin Cash €40 up to 3 Days
Ripple €40 up to 3 Days
Lamabet Pros
  • 30+ Sports
  • 400+ Football Markets
  • Lots of Outrights
  • Asian Markets
  • Player Props
  • Cards & Corners
  • Full Cash Out
  • Quickbet
  • VIP Bet
  • eSports and Virtual Section
  • 7 Cryptos Accepted
  • No Winning Limits
  • 24/7/Live Chat
Lamabet Cons
  • Casino-Centered Brand
  • Anjouan license
  • Low Live Odds
  • No Fast Markets
  • No Bet Builder
  • Limited Live Streaming
  • No Auto/Partial Cash Out
  • No Edit Bet
  • Limited Withdrawals
  • No APK Software
More information about Lamabet

Customer Support

Support channels
Email, Live Chat
E-mail
support@lamabet.com
Support languages
English

Lamabet Betting

Min. Bet
€0.01
Type of odds
American, Decimal, Fractional, Hong Kong, Indonesian, Malaysian

Lamabet Odds

Overall
93.50%
Football
94.68%
Basketball
92.98%
Tennis
92.05%

Lamabet Login

Services
Cash out Full, Increased Limits by Trader
Websites Languages
English Estonian Finnish French German Greek Italian Japanese Norwegian Polish Portuguese Spanish
Currencies
Australian Dollar, Bitcoin, Canadian Dollar, Dogecoin, Ethereum, Euro, Litecoin, New Zealand Dollar, Norwegian Krone, Polish Zloty, US Dollar
Platforms
PC, Mobile, Tablet
App
No
Software
Softswiss
Products
Betting, Casino, E-Sports, Fantasy League, Games, Live Casino, Lottery, Poker, Virtual Sports
Esports
CS:GO, Dota 2, League of Legends, Overwatch, Rainbow Six, Rocket League, StarCraft, World of Warcraft, Valorant, Starcraft II, King of Glory

Lamabet Sports & Markets

Sports
American Football, Australian Football, Baseball, Basketball, Boxing, Chess, Cricket, Cycling, Darts, Field Hockey, Floorball, Football, Formula 1, Futsal, GAA Football, Golf, Handball, Ice Hockey, Lacrosse, MMA, Motorbikes, Netball, Olympic Games, Politics, Rugby, Rugby Union, Snooker, Softball, Special Bets, Speedway, Table Tennis, Tennis, Volleyball, Water Polo
Additional Betting Selections
Alternative Handicap Basketball, Alternative Handicap Tennis, Asian Bets, BBC Personality, Cards, Corners, Players points basketball
FAQ
Q: Is Lamabet safe and legit?

The bookie has been operating for almost two years and has received good feedback. It has a license from the Comoros Islands and is secured and certified by Google. However, you must always take care and gamble responsibly when opting for new offshore brands.

Q: Which are the restricted countries?

There is a relatively long list of restrictions for Lamabet despite its high level of localization. The main targets of the company are the Polish and Portuguese markets, where it has gained some popularity.

Q: What are the Lamabet payment options?

For deposits, you can use your debit/credit cards, e-wallets such as Skrill, Neteller, Jeton, and Paysafe, along with 7 crypto tokens. For withdrawals, you can choose between a bank transfer or any of the available cryptos.

Q: Is there a Lamabet mobile app?

You will find a shortcut to download the app and an instructions page for installing it on Android and iOS devices. However, this is a web application with no native software to download. You need an updated browser to create it.

Q: How long do Lamabet withdrawals take?

Assuming you have completed your verification requirements, and you have collected winnings that are not deemed suspicious, you can receive your funds within minutes if you use crypto. However, the company reserves up to 3 days to process requests, and bank wires need extra days to reach your account.

Q: What is the best sportsbook feature?

The bookie’s most attractive offer is the availability of high-stakes betting with VIP, especially when there are bonuses that require minimal wagering. In addition, you can cash out, use quickbet, and enjoy live streaming if you like cyber sports betting.

Q: Where can I file a complaint against the bookmaker?

If you encounter an issue, start by reaching out to customer support via chat and email. If you need to escalate the matter, you can file a complaint with the Anjouan Commission Board or leave a comment in the players’ section so we can provide additional assistance.

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