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Powbet Review

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Powbet Logo
BMB RATING
7.7 7.7 /10
YEAR EST: 2021
Welcome Bonus
BENEFITS:
  • 250+ football markets
  • Full & Partial Cash Out
  • 95%+ basketball payout
  • Crypto payments
  • 250+ football markets
  • Full & Partial Cash Out
  • 95%+ basketball payout
  • Crypto payments
18+ | Full T&Cs Apply 18+ | Full T&Cs Apply
Why Trust us?
Why Trust us?

We combine years of experience with thorough research. We are players ourselves and strive to provide the most unbiased bookmaker reviews. We evaluate factors like reliability, odds, mobile features and withdrawal speed. You can also find the best betting bonuses available for each sportsbook. Moreover, we always consider players' feedback and include it in our reviews.

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Disclosure
Disclosure

Certain bookmakers appear on Bookmakers.bet as part of commercial agreements. However, our editorial team maintains full independence. All reviews and ratings reflect expert evaluations and real user feedback, not sponsorship influence. We prioritize fairness, transparency, and your betting experience above any partnership considerations. Please always gamble responsibly and within your limits.

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What Is Our Expert Opinion On Powbet?

Last updated: Jun 23, 2026

Powbet was founded in 2021 and has established itself in the betting world. Despite not holding a Tier 1 license, safety is not an issue, as it is part of an experienced Group that owns many brands. I enjoyed the available options in the major leagues and sports; there are hundreds of markets and extra bets to take advantage of. 

Unlike other bookmakers, the site has focused a lot on localisation. You can choose from multiple website languages and local payment methods. Nonetheless, I noticed a few aspects that could use some upgrades. The site is powered by Altenar, which is a sportsbook provider that many bookies use. 

Overall, it does not offer anything unique that sets it apart from the competition. In addition, the payout is mediocre, especially on secondary markets. Powbet offers loose restrictions and a tested experience. Feel free to try them.

Dimitris Pappas
Dimitris Pappas SPORTS BETTING EXPERT
Community Trust Rate
Community Trust Rate
How would you rate Bonuses
COMMUNITY STATS
7 Votes
4/5
7 Comments
Pros

Excellent Promotions

High Winning Limits

Bet Builder

30,000+ events monthly

Crypto Payments

Cons

Average payout on secondary bets

No Request a Bet

No mobile apps

Low Withdrawal Limits

No Tier-1 license

Overall Rating
7.7 /10
Betting Markets
7.8
Odds
7.9
Live Betting
7.7
Reliability
7.0
Payment Methods
8.0
Withdrawal Speed
7.5
Customer Support
8.1
Bonuses
8.2
Mobile
7.9
Sportsbook Experience
7.5

Reliability accounts for 20% of the total rating. The sportsbook experience and the odds account for 15% each. Withdrawal speed, bonuses and mobile take 10%, while the remaining factors account for 5%.

Powbet Quick Facts

Wagering Requirements

(D + B) x 6

Withdrawal Times

-

Withdrawal Limits

-

Who Is Powbet?

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Key info about Powbet

Hero image

Powbet is a well-known online bookmaker founded in 2021. While it has not yet acquired a Tier 1 gambling license, it is considered safe as it belongs to the same group as established brands like FEZbet. 

The sportsbook comes with minimal restrictions. Players from more than 100 countries can register, including Finland, Germany, Norway, India, Canada, and Australia.

The sportsbook, which Altenar powers, offers 30,000+ events per month, hundreds of football markets, and many local payment options. Keep reading this Powbet review to learn more.

Brand Identity

Official Website

www.powbet.com
Licenses
-

Owner

Rabidi N.V.

Withdrawal Times

-

Crypto Friendly

0%
Sponsorship
-

Established

2021

Mobile App

Min Deposit

-

Player Level

Novice

VPN Friendly

Sister Sites

-

RELATED ARTICLES
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Is Powbet safe and legit?

Red icon for validation Red icon for validation

Licensing

Powbet does not hold a Tier 1 license, but it is part of an experienced, well-known gambling group.

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Safe Gambling

All payments are protected by SSL encryption software. This means that you don;t need to worry when you perform deposits or withdrawals from the bookmaker.

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Bonus Fairness

The bonus terms and conditions are transparent and fair. After claiming them, we can safely say that the steps for getting the bonus and rolling over the amount are straightforward.

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Withdrawal Times

Depending on the method you use, withdrawals are processed within 1-3 days. Of course, if you use cryptocurrencies, you can expect to receive the money within 24 hours, while bank wires take more days.

Powbet Sportsbook Review

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How does Powbet pre-match betting work?

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Players can find 35+ sports for pre-match betting, ranging from football and basketball to Gaelic hurling and pesapallo, with an overall payout of 93.45%. There are five VIP levels at the Powbet sportsbook. The lowest one is called Rookie, while the highest one you can reach is Champion.

By wagering regularly, you can enhance your status, which means higher withdrawal limits and personalized promotions. In football, you can find competitive odds (94.50%+) on hundreds of leagues weekly, from popular ones like the EPL and the La Liga to multiple niche ones. 

More than 250 markets are available at the top matches, including Player Specials, Cards, Asian Handicaps, and Corners. You can even choose a Penalty to be awarded or take advantage of multiple combos.

Even though tennis margins are high, there are more than 30 betting options. The basketball payout is 93.90%, and you can wager, among others, on Player Props like Points, Assists and Rebounds.

SPORTSBOOK INFORMATION

SPORTSBOOK INFORMATION

Platform

Altenar

Bookmaker Type
American

Number of Sports

28

Type of Odds
American, Decimal, Fractional

Monthly Events

25000.00+

Odds Payout

95.69%

Products

Betting, Virtual Sports, Live Betting

Top Sports

Top Sports

KEY FACTS
Number of Markets
Average Odds
Special Bets
Outright
-
-
-
-
93.15
94.28
1,618
-
No
No
No
No
No
No
No
No

Other Sports

Volleyball

Volleyball

Table Tennis

Table Tennis

Rugby

Rugby

Motor Sports

Motor Sports

Handball

Handball

Bandy

Bandy

Baseball

Baseball

Boxing

Boxing

Cricket

Cricket

Cycling

Cycling

Cross county Skiing

Cross county Skiing

Darts

Darts

Ice Hockey

Ice Hockey

Floorball

Floorball

Futsal

Futsal

GAA Football

GAA Football

Gaelic Hurling

Gaelic Hurling

Golf

Golf

Lacrosse

Lacrosse

MMA

MMA

Olympic Games

Snooker

Snooker

Water Polo

Water Polo

Australian Football

Australian Football

What are the available Powbet features?

Our Powbet review also closely examined the types of features and services you can utilise while betting pre-match and live. First and foremost, you can Cash Out your wagers in multiple sports before one or more events have concluded.

With Bet Builder, you combine different selections from one match into the same bet slip. At the moment, it is primarily available for the top football matches. On the other hand, tools like Request a Bet, Auto Cash Out, and Edit Bet are absent.

0% Margin

Asian View

Bet Constructor

Reverse Bet

Edit Bet

Request a Bet

Stop Loss

What is the most I can win in the sportsbook?

The maximum win per bet is capped at €/$100,000, which is exceptionally high. Note, however, that the withdrawal limits are relatively low compared to the max win amount.

What kinds of special bets does Powbet offer?

The Powbet sportsbook offers exciting opportunities well beyond traditional sports. Among others, you can find odds on athletics, awards, politics, and more.

Powbet Live Betting

LIVE BETTING INFORMATION

Number of Sports

28

Live Streaming

Quick Bet

Monthly Events

25000.00+

Bet Acceptance Time

4s

Bet Settlement Time

1s

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Hero image

How to engage in in-play betting at Powbet?

Powbet.com provides 10,000+ in-play events monthly, with a payout of 92.50%. More than 200 markets are available in football, like Player to Score the Next Goal and 1X2 for the Rest of the match.

It is worth mentioning that the basketball and tennis odds drop significantly compared to the pre-match ones. Nonetheless, you can find multiple Handicaps and Totals to bet on. With the absence of a Quick Bet function, you can expect your live wagers to be accepted within 3-4 seconds. Finally, Live Streaming is available, but mainly for esports and minor matches at the moment.

How much does the payout drop compared to pre-match?

The payout is close when it comes to pre-match and live betting. The former is 93.45%, while the latter is 92.50% on average.

Are all sports available for live betting?

No. When it comes to pre-match wagering, you can find around 35 sports at any given time. This number drops to 25+ for live betting.

Powbet Sports Bonus

Powbet Logo
Welcome Bonus

100% Bonus up to €100

Restricted

Restricted

Wagering (D + B) x 6
Period 30 Days
Min deposit €20.00
Max Bet €50.00

Powbet sports promotions

sport

Get your Weekly Reload Bonus up to €/$500

T&C's Apply 18+

T&C's Apply 18+

sport

Win big with Early Payout

T&C's Apply 18+

T&C's Apply 18+

sport

Get a 100% refund on 0-0 draws

T&C's Apply 18+

T&C's Apply 18+

How to claim the Powbet sports bonus?

To receive the Matched Deposit Bonus, you need to activate the Offer and top up your account. According to our Powbet review, the minimum qualifying deposit for the Welcome Bonus is €/$20. 

The funds will be credited to your balance after wagering the initial sum once at 1.50 odds. You can use several payment methods like Visa, Mastercard, e-wallets and cryptos. However, Skrill and Neteller do not qualify for bonuses.

Are there any countries restricted from the Powbet sports bonus?

Some countries are excluded from the Powbet Bonus: Tunisia, Armenia, Croatia, Bosnia and Herzegovina, Indonesia, Georgia, Malaysia, and Argentina. However, they can still register and place wagers.

Do I need a Powbet promo code to unlock the offer?

You don’t need a Powbet Promo Code since you will be asked to choose which welcome bonus you want upon sign-up. Other bonuses do not need a code either, and all you need to do is activate the offer from the promotions page.

Powbet Casino Section

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CASINO INFORMATION

CASINO INFORMATION

Live Casino

Live Casino Games
-

24/7 Live Games

# of Live Game Providers

0

Bonus Buy Slots

# of Slots

42+

Mini Games

# of RNG Providers

0

Mobile Friendly

Exclusive Games

How many slot games does Powbet offer?

Powbet Casino boasts an impressive library of over 5,000 slot games from more than 80 top-tier providers, offering one of the most diverse selections in the market. Players can enjoy a huge variety of themes, paylines, and bonus features across classic, video, and progressive jackpot slots.

The platform partners with industry giants such as NetEnt, Pragmatic Play, Play’n GO, Yggdrasil, Microgaming, and Red Tiger, ensuring premium quality and innovation. Betting limits are flexible, with minimum wagers starting at just €/$0.10 and maximum bets reaching several hundred euros per spin, making Powbet ideal for both casual players and high rollers alike.

What kinds of live casino games can I play?

The live Powbet Casino offers a wide variety of games that appeal to both casual players and high rollers. It includes popular classics such as blackjack, roulette, baccarat, and poker, as well as engaging game shows that add an extra layer of excitement.

All the top-tier providers, such as Evolution Gaming, Pragmatic Play Live, Ezugi, Lucky Streak, and Swintt, are available. There are also hundreds of dealers and tables for each game’s variant.

What are the live casino betting limits?

The betting limits are designed to suit all types of players: minimum bets start as low as €/$0.10, making the tables accessible for newcomers or low-stakes players, while maximum bets can reach up to €/$20,000 in VIP rooms.

Can I play in the casino section via mobile?

Yes. You can visit the Powbet casino through the mobile browser. Unfortunately, there is no smartphone application to download at this time.

Powbet Casino Bonus

Powbet Logo
Welcome Bonus

100% Bonus up to €500 +200 Free Spins

Restricted

Restricted

Wagering (D + B) x 35
Period 10 Days
Min deposit €20.00
Max Bet €5.00

Powbet casino promotions

No Casino Offers Available.

Find More Offers Here

How to claim the Powbet casino bonus?

The Powbet Bonus for the casino is 100% up to €/$500 + 200 Free Spins. A minimum deposit of €/$20 is required, while the wagering requirements are 35x for the casino and 40x for free spin funds.

Note that you will receive the free spins in batches of 20, once every ten days. Players must complete the wagering in 10 days. After that, the remaining bonus and winnings will be removed from the account.

Can I claim the bonus with all payment options?

Actually, no. According to the terms and conditions of the Powbet casino bonus, Skrill and Neteller deposits do not qualify. You must use one of the alternative options.

What is the maximum bet allowed during the bonus wagering?

If you have claimed the casino bonus, you can only bet up to €/$5. The bookmaker does not allow wagers higher than €/$5 during the rollover period.

What Are The Available Payment Methods At Powbet?

Powbet FIAT payments

Key info about Powbet FIAT payments

Withdrawal Limits

- No Limit

Withdrawal Times

-

Currencies

0

available

What should I know about FIAT payments on Powbet?

Depending on your location, you can deposit in more than 10 FIAT options, including debit cards, credit cards, e-wallets, and bank transfers. Players from certain countries can also top up their balance with multiple local methods. 

The minimum deposit and withdrawal amount is €/$10, while the maximum amount you are allowed to cash out per day is €/$500. If you improve your VIP status, the limits will increase.

Powbet crypto payments

Key info about Powbet crypto payments

Withdrawal Limits

- No Limit

Buy Crypto with Fiat

Public Chat

Currencies

0

available

Withdrawal Times

-

Decentralized Platform

Exchange Fees

What Should I Know About Crypto Transactions On Powbet?

Deposits are typically instant, while withdrawals may take 1–2 days, depending on the cryptocurrency used. The minimum deposit and withdrawal amounts vary by currency but generally start around the equivalent of €/$10.

Do I have to pay any transaction fees?

No. Powbet does not charge any fees for deposits or withdrawals. However, if the platform does not support your local currency, you might need to pay currency conversion fees.

Can I use a different method to deposit and withdraw money?

No. According to the terms and conditions on the website, you can only request a withdrawal through the method you used to top up your account.

Additional Information On Powbet

Powbet Customer Support

E-mail

support@powbet.com

Live Chat

Telegram

WhatsApp

Website Languages

13

English, Finnish, French, German, Greek, Italian, Hungarian, Polish, Norwegian, Russian, Portuguese, Spanish, Turkish

Customer Support Languages

9

English, Finnish, German, Hungarian, Italian, Norwegian, Portuguese, Polish, Russian

Frequently Asked Questions

What alternative bookmaker offers a similar sportsbook?

You can find many bookmakers that use the same platform, offer similar odds and markets, as well as promotions with similar terms. For instance, you can take a look at our Casinoly Review for one of the most popular alternatives.

Is Powbet safe and legit?

Even though it is a relatively new betting site and does not hold a Tier 1 license, the sportsbook can be characterized as safe and reliable. It also uses SSL encryption software to ensure transactions are secure.

What are the Powbet restricted countries?

The betting site accepts players from more than 100 countries, including Germany, Norway, Finland, Canada, Australia, and India. On the other hand, bettors from the UK and the US are not accepted. You can check out our FEZbet Review for a bookie with similar services and different restrictions.

Can I delete my Powbet account?

The easiest way is to get in touch with the Customer Service team. They will delete it for you. Keep in mind that you can also choose to self-exclude for up to 6 months.

What payment options are available?

Users can deposit with more than 15 methods. These include regular ones such as VISA, Mastercard, Paysafe, Neteller, and Skrill, as well as local ones like Sofort, Interac, Webmoney, and Jeton.

How can I complain against Powbet?

The Powbet sportsbook has a separate section for complaints. The Customer Service team is available 24/7, in many languages, to answer your questions. Alternatively, you can go to our complaints page, leave a complaint, and we will handle it on your behalf.

User Feedback

Powbet Logo
7 votes
4 /5
7 votes

Leave A Review


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How would you rate Powbet?
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dietmarcodes

1 Review

3 /5
Sep 20, 2025

Verification went through super fast. These bookmakers usually take days to approve them.

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adnankicks

2 Reviews

3 /5
Aug 05, 2025

The site is getting outdated, given what other options are available, but it is a reliable brand that will pay out your money when you win. Can't watch most sports, but Turkish basketball is always covered.

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lucasleo

2 Reviews

5 /5
Dec 20, 2022

Mediocre sportsbook with no livestreaming. At least they are reliable when it comes to payments.

Reply
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