Coolbet Review 2024
4.3

Coolbet Review 2024

100% Up To $200
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Minimum deposit to claim bonus is $10
Wagering requirements are x6 bonus amount with -200 on American odds across all sports
Must complete bonus requirements in 30 days
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Home » Coolbet Review 2024

Coolbet is an Estonian betting operator that was founded in 2016. In this Coolbet betting platform review we will give you a run down of information relating to esports betting, casino, licensing information, payments and more. More importantly for you, we will be giving you insights as to the types of welcome bonus and offer that is available at Coolbet.

Pros
  • Holds gambling licence in Malta, Estonia, Ontario and Sweden
  • Sophisticated casino offering
  • Fast withdrawals
  • Good customer support available 24/7
Cons
  • No live streams available
  • No VIP or Loyalty program available
  • Limited markets available for esports

With gambling licences in territories such as Estonia, Sweden, Malta and Ontario – Coolbet is an international presence for gambling.

Coolbet Welcome Bonus Offer Review

Coolbet offers various different promotions and welcome offers depending on the country you are from and the product you are trying to use. Promotions can change across sports or esports betting and casino. Coolbet has got a great 100% matching welcome offer for brand new players up to $200 CAD.

  • Canada customers claim here for 100% matching bonus up to $200 CAD!
  • Sweden customers claim here for 100% matching bonus. 500KR Sports Betting Bonus / 1000KR Casino Bonus

The individual bonuses available can only be claimed by brand new customers that have not previously made a deposit. You can see in our terms and conditions section what the requirements are to claim the bonus. However, we will always recommend that you investigate the full terms and conditions on the betting operator’s website.

Coolbet also has a variety of other promotions that you can find on the platform. This can include more information on welcome offers, free spins on casino, leaderboards, poker bonuses, virtual sports bonuses and more.

Coolbet Review – Is It Legit?

Coolbet was initially launched in 2016 as an Estonian company that targeted exclusively European customers. However, since launch Coolbet has grown significantly and has begun attracting customers on a global level. The betting site provides great service, including a solid sportsbook, online casino and poker platform.

Since the early days of Coolbet, they have no acquired several gaming licences:

  • Estonian Gaming Licence
  • Swedish Gaming Licence
  • Malta Gaming Authority Licence
  • AGCO – Ontario Licence

This means that Coolbet is a strictly regulated platform that operates legitimately in several jurisdictions. These licences also allow them to operate in territories within South America as well as further abroad such as Australia and New Zealand. With Coolbet, operated by Vincent Group Limited, you can be sure to have a safe betting experience. They handle everyone’s data correctly and ensure that you can deposit money safely and securely on the platform so that you can start betting.

Other key features of Coolbet:

  • Holds several gambling licences to operate legitimately in territories globally, including Canada, Estonia and Sweden
  • Large range of betting markets across traditional sports and esports
  • A sophisticated casino and poker platform
  • Rapid deposit and withdrawal times with varied payment methods offered

Coolbet Esports Games & Markets Offered

Coolbet offers a variety of different games and leagues across its platforms. See our list of esports games that Coolbet is offering for users to bet on.

Coolbet offers prematch markets for all of these games, and for the most popular games you can get involved in live betting as well. For instance, at the time of review – Coolbet is hosting odds for live matches in the CS2 PGL Major RMR 2024. Reviewing the margin of the odds, it does not look as if Coolbet takes a significantly high margin as well. Margin has been calculated between 5-8% for their live betting odds on differing markets.

Over all, there is quite a solid esports offering from Coolbet. It is not as sophisticated as some esports-dedicated platforms you might find such as GGbet, Loot.bet, Thunderpick and others. But it is still worth trying.

Esports Betting with Coolbet

Esports betting on the Coolbet betting platform is quite straight forward. You do need to navigate to the esports section to begin with which can be found on the left navigation panel. Once you have done this you will find the different games that Coolbet offers markets for.

It’s worth noting that you won’t be able to find live streams for Twitch.tv or Youtube on Coolbet. If you want to watch live streams while placing in-play bets, then you will need to watch the streams on your phone or on another monitor.

Over all, Coolbet has quite an intuitive platform to use. Those of you who have bet on other platforms before will easily find the esports section. If you are much newer to esports betting then it might take you a moment, but it is certainly not that complex. Coolbet offers a strong enough variety of markets for esports matches, only the most serious esports betting veterans will find that there isn’t enough depth.

Coolbet Casino Review

Aside from the sports betting platform, Coolbet also offers a sophisticated casino experience. They have games from numerous different providers such as:

  • Push Gaming
  • Microgaming
  • Spinomenal
  • Pragmatic Play
  • Play’n GO
  • Netent
  • Evolution
  • Light & Wonder
  • Stakelogic
  • Relax Gaming
  • RubyPlay
  • Quickspin
  • Hacksaw Gaming
  • Red Tiger

These cover a variety of different slot games, table games, jackpot games, crash games and more. They are also incredibly clear about the RTP % (Return to Play) for every game that they offer. This means that users can make calculated decisions about the risk they are exposing themselves to when gambling on the casino games.

Coolbet Payment Methods

There are a variety of different payment methods offered by Coolbet. They work predominantly with fiat currency. So if you are a fan of betting with cryptocurrency then you will find it harder to deposit.

Withdrawal and deposit methods:

  • Visa
  • MasterCard
  • Skrill
  • Neteller
  • Trustly
  • PaysafeCard
  • Bank Transfer
  • Interact
  • NeoSurf

Coolbet also accepts 7 total currencies that include CAD, CLP, EUR, NOK, PEN, SEK and USD.

Minimum deposits are approximately $/€10. You are able to withdraw a minimum of $/€20 with a $/€50,000 daily limit. Most withdrawals take less than 1 day to complete, however there are some methods that may take up to 3 days. If you have any trouble with this then you should contact customer support.

Customer Service

Coolbet has a strong customer service model. It has a 24/7 live chat support service that you can easily access from any page on the platform. You are also able to contact their support email: support@coolbet.com. If you have any queries about promotions, deposits or withdrawals then it is absolutely worth contacting the Coolbet live support to check they can review your issue.

Coolbet Restricted Territories

Coolbet operates in a variety of different territories. This is especially because they hold gaming licences in Malta, Estonia, Sweden and Ontario. This means that their main territories that they operate in are:

  • Estonia
  • Sweden
  • Canada
  • Peru
  • Ecuador
  • Chile
  • Mexico

There are also other territories that they operate in. However, these are the countries that will have the most comfortable experience betting on Coolbet.

Coolbet Review Conclusion

Coolbet is an experienced bookmaker that offers a reasonable product for customers interested in betting on esports. There is a fair welcome bonus. The odds are not too large and there are sufficient markets and matches/leagues for anyone who wants to bet on big esports tournaments. While there are some bookmakers that might offer bigger rewards, Coolbet has the benefit of being licenced in more countries than others. This means that you can safely use this platform instead of moving to a gambling site with only a Curacao Gaming Licence.

Particularly for newer players, we highly recommend trying out the Coolbet platform to start your esports betting journey.

Coolbet FAQ

Is Coolbet legit and trustworthy?

Yes, Coolbet is a legitimate betting platform licensed in Malta, Estonia, Sweden and Ontario. You can safely use this platform for its sports betting and casino product.

Does Coolbet offer a welcome bonus?

Coolbet does have a welcome bonus. For all new customers they offer a 100% matching bonus for first deposits up to a value of approximately $200. You can click ‘Claim Bonus’ on our banners to access the Coolbet website.

Available for customers making their first deposit
For Canadian customers, use bonuscode CAD200
Minimum deposit $10 CAD
5.0
Trust & Safety
3.0
Games & Markets
4.0
Bonuses & Promotions
5.0
Customer Support
4.3 Overall Rating

Upcoming Tournaments
Dota 2
Prize Pool: $160,000
From: 11 November 2024
To: 19 November 2024

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Coolbet Review 2024
4.3/5