Updated
55Bet review 2024
Advantages:
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Up to €500 cashback
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2,000+ sports markets
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Live streaming
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1000s of in-play markets
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15+ payment options
Payment Methods:
Not available in your location
18+ T&C apply, GambleAware.org
Specifications
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Bonuses & Promotions
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Mobile
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Usability
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Types of Bets
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Credibility
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Payment Methods
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Support
Bonus Offers and Promotions
The sports welcome bonus compares very favourably to rival online sportsbooks - we will go into it in greater detail below.
However, there are other non-sports specific offers - most of which come from the casino platform. Keep an eye out for an excellent cashback offer worth up to €500.
Welcome Bonus
New customers can complete the sign-up process and double their first deposit as a sports bonus up to €200.
To qualify, a minimum first deposit of €10 is required. Once the payment has been processed, players will have double the initial amount in playable funds. For example, if a player deposits €50, they will receive €100 in betting funds.
The deposit and bonus amount must be wagered nine times before it is withdrawable.
The maximum bet any player can make with the bonus funds is €25 and the minimum odds of any bet in wagering is 1.9. Any bet that does not reach this requirement will not count towards wagering.
Reading the terms and conditions is crucial to avoid the disappointment of being unable to withdraw
Other Promotions
While there are no other sports-specific promotions available, there is a generous cohort of casino and live casino promotional material.
The casino bonus offers players a €100 bonus and 100 Free Spins on Bill & Coin when they make their first deposit. To claim, players need to create an account, opt in via Rewards, and the deposit will be doubled as bonus funds.
For example, a €50 deposit will provide players €100 in playable funds, with the added extra of 100 Free Spins.
The bonus amount must be wagered 35x before it is withdrawable. For example, if a player were to claim a €50 bonus, they must wager it €1750. The winnings from the Free Spins are also subject to a wagering requirement of 35x.
In the Live Casino, bettors can increase their starting balance with a 100% deposit bonus up to €300. A minimum deposit of €20 is required to claim it and there are wagering requirements of 35x on the bonus amount.
Then there is Turbo Cashback - for every spin a player has on a slot, they are instantly credited with 55% cashback into their account. The best part? There are no wagering requirements!
Watch out, too, for regular slot tournaments.
Rewards and Loyalty Programs at 55bet
Aside from the exceptionally generous cashback promotion, there is no VIP scheme in place to compensate for a player’s loyalty.
While somewhat disappointing, the cashback offer more than makes up for it. Again, to reiterate, 55% cashback on a single slot spin represents incredible value for the player and we highly recommend interested parties to explore this option.
55bet Licensing & Security Information
Like any reputable online sportsbook, 55bet is licensed and regulated by the government of Curacao, which is deemed one of the most reliable agencies in iGaming.
They are owned and operated by Novatech Solutions N.V, with a registration number of 154984 and a registered address of Abraham de Veerstraat 9, PO Box 3421, Willemstad, Curacao.
Usability and User Experience
From signing up to finding and placing a bet, the user experience and the betting journey in general was exceptional.
When signing up for a test account, we were able to register one in fewer than two minutes. All you need is a working email address and a phone number, to which you will be sent a verification code.
It’s extremely simple for new and experienced bettors to find their way around the site - both on mobile and desktop.
We particularly loved the quick staking options within the betslip. For those in a rush to get their bets on before the match starts, there are pre-set stake amounts of €5, €20, €50, and €100.
Navigation
On the desktop site, we were able to get from the sports homepage to a major football event in just four clicks using the navigational tools.
The sports are broken down on a toolbar at the left-hand side of the page - bettors need to click into the menu that suits their needs, and from there, it is a natural process to find any event quickly and efficiently.
Alternatively, bettors can use the dynamic search function, which prompts suggestions instantly, depending on what the punter types.
Design
A simple but effective colour scheme of red and white ensures a clean and spotless layout that accentuates the most important elements for a betting site.
It means the site’s stand-out functions - like live streaming and cash out options - are easy to locate.
- Advantages
- Live streaming
- Straightforward betting journey
- Excellent mobile responsivity
- Clear layout
- Limitations
- No quickbet function
55bet App
There is no 55bet app.
However, the optimisation of the mobile product means the absence of an app barely registers.
The toolbar is located at the top of the sports betting page, breaking down categories into Live, football, handball, hockey, basketball, tennis, and all other options.
Significant pre-match events are on a single rotational banner beneath the toolbar, with the rest of the real estate being dedicated to the in-play section. The biggest in-play events are featured at the top of this section, making it easier for those following the big game to get their bets on quickly.
- Android app: No
- iOS app: No
Payment Methods
The modern day bookmaker must provide bettors with an extensive selection of payment options.
There are so many options for banking in today’s era, and failure to accommodate these reflects badly on the sportsbook and casino.
Fortunately, 55bet is not found wanting in this regard.
Deposit Methods
There are more than 15 options for customers, with the likes of Revolut, Skrill, Neteller, MuchBetter, and GPay among the most popular and recognisable brand names. Crypto is also an option.
Transactions are instant.
Withdrawal Methods
The minimum amount a bettor can withdraw from their account is €10. Players may withdraw via the same method in which they deposited. The maximum withdrawal amount per transaction is up to €10,000 per day, €25,000 per week and €100,000 per month (or local currency equivalent).
There are no charges associated with withdrawing.
Amount | Time | Fees | Amount | Time | Fees | |
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€10–€1,000 | Instant | 0% | ❌ | ❌ | ❌ | |
€10–€1,000 | Instant | 0% | ❌ | ❌ | ❌ | |
€20–€1,000 | Instant | 0% | ❌ | ❌ | ❌ | |
€10–€2,000 | Instant | 0% | ❌ | ❌ | ❌ | |
€10–€2,000 | Instant | 0% | €20–€10,000 | Instant | 0% | |
€10–€2,000 | Instant | 0% | €20–€10,000 | Instant | 0% | |
€10–€2,000 | Instant | 0% | €20–€10,000 | Instant | 0% | |
€10–€5,000 | Instant | 0% | €20–€10,000 | Instant | 0% | |
€10–€2,000 | Instant | 0% | €20–€10,000 | Instant | 0% | |
€10–€500 | Instant | 0% | ❌ | ❌ | ❌ | |
€10–€1,000 | Instant | 0% | ❌ | ❌ | ❌ | |
€10–€5,000 | Instant | 0% | ❌ | ❌ | ❌ | |
❌ | ❌ | ❌ | €20–€10,000 | Instant | 0% | |
€25–€10,000 | Instant | 0% | €20–€10,000 | Instant | 0% | |
€25–€10,000 | Instant | 0% | €20–€10,000 | Instant | 0% | |
€25–€10,000 | Instant | 0% | €20–€10,000 | Instant | 0% | |
❌ | ❌ | ❌ | €20–€10,000 | 1-3 Banktage | 0% |
Customer Service
Players can use the Live Chat service, which is available 24/7. They just need to fill in a form to provide their name, email address, and nominate a language (English or German) before they are put through to an agent.
In testing, the response time was less than one minute.
One review on Trustpilot cites the support as “always available and friendly” in their five-star review.
Alternatively, bettors can reach out via email at support@55bet.com. Emails tend to take a little longer to resolve, but bettors can expect a response within two days.
Phone |
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Live chat |
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support@55bet.com | |||
Competence | 0 / 5 | 5 / 5 | 5 / 5 |
Politeness | 0 / 5 | 5 / 5 | 5 / 5 |
Response Time | n/a | Within 2 days | Instant |
Sports Betting Overview
When it comes to sports betting with 55bet, we believe the experience to be a positive one.
Sports coverage
There are thousands of events to choose from - at the time of writing, there are more than 2,500 pre-match and in-play options - and there are tens of thousands of markets at competitive odds with a margin that is in line with industry rivals.
Football, handball, and basketball are among the most popular options.
In football, for example, there are more than 400 separate leagues. You can scroll through them all alphabetically within the soccer betting section. It starts with the Kategoria e Pare in Albania and ends with the Zambia Super League.
This should give you great insight into the breadth and depth of the football betting opportunities with 55bet.
As a Scandinavian and German-facing bookmaker, it’s no surprise to see Handball listed as a key sports betting market. It’s one of the most popular sports in this region.
There are club badges from Handball teams ingratiated into the site, which allows supporters to easily visually identify their team. Handball leagues available for betting include the Bundesliga in Germany, the LNH Division 1 in France, and Handboldligaen in Denmark.
Sports Odds
We found the odds to be more than competitive at 55bet, especially in the Handball markets.
For example, at the time of writing, a pre-match game between HSV Hamburg and TBV Lemgo Lippe had the latter priced as 2.36 outsiders. Rival bookmakers were pricing them up closer to 2.20.
That’s because the dedicated 55bet trading team have an insightful understanding of the Handball markets.
Live Betting And Streaming
It is possible to watch certain events as they unfold via the 55bet desktop site.
Players must be signed in and have an active account balance to benefit from this feature.
To find this feature, players need to look to the right of the page on the desktop site and click the Play button, which is located next to “Live”.
It is also available on mobile devices within the betting event. Players must click into the event to follow it.
Limits
The maximum bet a player can place at any one time can depend on the market, the odds, and the traders. Some bets, if deemed worthy of closer inspection, will be sent to an experienced trader for ratification.
In its “Betting Rules” page, 55bet writes: “The maximum bet amount depends on various criteria: sports, event, market, etc. These factors are determined by our platform for each event and for each type of bet and are subject to change without prior written notice.”
The minimum bet amount begins at €1.
Betting Markets
While there are thousands of events, there are tens of thousands of betting markets. Some are more popular than others, however.
Popular bet types include moneyline (predict the match winner), point spreads (handicapping the stronger/weaker teams with a points advantage/disadvantage), and the over/under markets (the total number of goals in a game).
Other options include the ante post markets, which means picking the winner of a tournament or competition days, weeks, or even months in advance.
Whatever you’re looking for, 55bet will likely have it.
Minimum/Maximum Deposit Limits
There are minimum deposit amounts of €10 and maximum deposit amounts of up to €10,000, depending on the method. These amounts may vary, depending on the country of residence.
Esports Betting Overview
eSports Coverage
eSports has its own dedicated page on 55bet, which should tell you how seriously it takes this event as a betting proposition.
At the time of writing, there are more than 15 eSports available, including Counter Strike 2, Dota 2, and League Of Legends.
eSports Odds
The eSports odds compare favourably with other betting sites - in our research, we frequently found prices to be up to 1 point better at 55bet.com when matching up markets.
eSports Live Betting and Streaming
Some eSports command more live markets than others. In the Counter Strike 2 European Series, for example, there were more than 400 in-play markets. Lesser events, like eBasketball, command as few as six in-play markets.
eSports Betting Markets
These will depend on the event, but there is a large suite of options on most eSports events. In Counter Strike 2, for example, you can bet on how many maps a team secures, the winner of each round, and even a handicap on the amount of maps per team.
Casino Overview
There are thousands of slots and a rich live casino at 55bet.com. As we mentioned above, casino play here is greatly boosted by its extremely generous Turbo Cashback offer.
Below, we breakdown the key, need-to-know factors:
Software Providers
Among the list of industry-leading game providers at 55bet is Play’n Go, Hacksaw, and Pragmatic Play - three developers renowned for producing popular, volatile, and innovative games.
Selection of Casino Games
There are more than 5,000 slots at 55bet - from jackpots to megaways and three-reelers to cascading mechanics, the casino connoisseur will no feel left out.
Live Dealer Games
55bet is stocked with the latest releases and table classics. Staffed by expert dealers, bettors can enjoy recent gameshow hits like Monopoly Live and Deal Or No Deal or traditional favourites such as roulette and blackjack.
Minimum/Maximum Limits
Staking options are extremely wide. The minimum bet begins at €1 and stretches up to €10,000 per hand. However, limits will vary per table. You can check the limit structure within the game client or by using the chat interface to liaise with the live dealer on staff.
Some VIP players will be able to organise an increase in these limits. Contact the customer support team for further information.
Registration at 55bet
In testing, it took just two minutes to open an account and bettors only need to provide a few details.
Here’s how it went down:
- Hit the sign up button in the top right corner.
- Complete three steps and provide personal details such as your full name, email address, and phone number.
- You will be messaged a four-digit verification code to your mobile phone. Enter it, and your account is ready to go.
We were pleased with how straightforward it was.
Conclusion
We loved the layout, the odds, and the sheer number of betting markets available at 55bet. In our research, we consistently found the odds to be better here than at rival bookmakers.
The live streaming function is a critical plus point - we were able to place a test bet and watch it unfold, which really elevates the betting experience to a new level.
This site is best suited for newcomers looking to learn the ropes of sports betting. That’s because the layout and user interface is among the most optimised we have experienced.
One drawback is the lack of any sort of regular sports promotion. Hopefully, the sports team will look to address this failure moving into the future.