Coolbet Review
Coolbet is a new online sportsbook registered at Maltan but has grown rapidly. It has seized several awards for the quality of services since its establishment in 2019. It has an appealing user-friendly interface which is contributing well to strengthening its popularity among the bettors. Coolbet promotes everyone and anyone can place winning bets abiding by the gambling rules of their country of residence and work. Read more to find out what the online sportsbook is doing and expanding its user count with every passing day.
Similar Bookmakers
Coolbet Pros and Cons
- No commissions;
- Quick customer service;
- Minimum deposits required;
- No mobile apps;
Where is Coolbet Legal and Safe
Coolbet is a licensed and registered trademark that enables its customers to place sports bets and generate winnings. It has been registered with Malta Gaming Authority, hence, making it a safe sportsbook betting site. It has obtained its gaming licenses in Estonia, Sweden, and Malta.
Some of the countries it is authorized for sports betting are Canada, Chile, Ecuador, Estonia, Finland, Iceland, Norway, Peru, and Sweden.
Coolbet Bonuses
Some of the attractive bonuses offered by Coolbet have been mentioned below.
Coolbet Welcome Bonus
The sports betting welcome bonus from Coolbet offers to double the 1st deposit made by its new users. The online sportsbook has created a win-win situation with this amazing bonus. On one hand, the minimum deposit amount is CAD 10 and on the other hand, the maximum bonus limit is CAD 200.
The bonus can be exclusively availed by the players registered in Canada if they use the bonus code CAD200 at the time of registration.
Coolbet Promo codes
At the moment, Coolbet is not promoting any promo codes for sports betting on its official website.
Coolbet Promotions
In lieu of keeping its users motivated with online sportsbook betting, it is offering a handful of bonuses for its players.
Betbuilder special
Under this promotion, every user can enter this campaign and buy a raffle ticket for any sport of their choice. The minimum total odds required are 4.00 and every ticket has a minimum value of €10. Each ticket makes the player eligible for a weekly €500 prize pool;
Live free bet
Exclusively for the F1 fans, Coolbet is offering live free bets of €10. All a player has to do is participate in the quiz and answer a set of questions correctly. It’s that simple and effective;
Refer a friend
Keeping the existing users active on the platform, Coolbet rewards them with a referral bonus. For every user who signs up using only the referral link of an existing user, the referring account holder will be awarded a cash prize of up to €50. The bonus will be credited within 72 hours after the referred account has received its 1st deposit;
Coolbet Loyalty Program
Coolbet is not promoting a loyalty program among its players as of now.
Types of Bonuses
Bookmaker | Welcome Bonus | Exclusive Bonus | Freebet | Loyalty Program | Cashback |
---|---|---|---|---|---|
No | No | No | No | No | |
30 USD | No | Up to 30 USD | No | No | |
100 EUR | No | Up to 20 USD | Yes | Yes | |
1000 USD | No | Up to 1000 USD | No | No |
Mobile Sports Betting
Coolbet does not offer an official Android app for its customers or users.
There is no official Apple iOS app being offered by Coolbet.
Coolbet does offer a mobile-friendly version and is available to everyone around the world. It is well equipped with all the amazing features of the online sportsbook. With the mobile version, a user can place all types of sports bets, make deposits and withdrawals as per the guidelines of the sportsbook.
Coolbet Sportsbook features
Some of the promising features of the online sportsbook are:
Self-assessment test
Coolbet has created a set of 9 questions to help its player assess their betting habits. The responses are not recorded either since the idea is to keep the player away from the trap of gambling addiction;
Responsible gaming
Coolbet heavily promotes responsible gaming among all its users. It advises its players to consider betting for entertainment and be attentive towards the probability of winnings rather than turning it into a source of income;
Setting limits
Being a responsible sportsbook, Coolbet also allows its users to set betting limits and reminders. This feature can be accessed only via logged-in accounts and hence applies separately to individual users;
Bookmakers Comparison
Bookmaker | MetaScore | Bonus | Margin | Cash Out | Live Streaming | |
---|---|---|---|---|---|---|
150 USD | Visit Site | |||||
Bonus Available | 5 - 7% | Yes | Yes | Visit Site | ||
100 EUR | 2 - 2,5% | Yes | Yes | Visit Site | ||
50% | 7 - 10% | Yes | No | Visit Site |
Coolbet Odds, Lines & Betting Markets
Coolbet Odds
Odds are the deciding factors of several bonuses and bets in sports betting. The same applies to Coolbet as a sportsbook. While the odds vary for every sport or associated match, they are fixed only after a player has placed a bet for a particular match or event.
For the ease of its players, odds at Coolbet are displayed in decimal and American formats as well.
Coolbet lines
A range of lines has been provided by the online sportsbook for different sports available. They include money lines, run lines, and also handicap lines. Each of these has its own winning rules as well.
Coolbet betting markets
This sports betting site offers a long list of markets as well. Here’s a quick list for reference:
Regular markets across all sports:
- Handicap (2 Way);
- Handicap (3 Way);
- Total Goals Over/Under;
- Odd/Even Total Goals;
- Home Team Goals Over/Under;
- Away Team Goals Over/Under;
- Team Shots on Goal Markets;
- Shots on Goal Over/Under;
- Home Team Shots on Goal Over/Under;
- Away Team Shots on Goal Over/Under;
Overtime markets across different sports:
- Handicap (2 Way);
- Total Goals Over/Under;
- Odd/Even Total Goals;
- Home Team Goals Over/Under;
- Away Team Goals Over/Under;
Sports Betting Options
With Coolbet, a registered user can opt to place a bet on any of the following sports:
- Football;
- Ice hockey;
- Basketball;
- American Football;
- Table Tennis;
- Baseball;
- Boxing;
- Tennis;
- Cricket;
Players can place on the probable winning team of any match in these sports with pre-match as well as live match betting.
What Kind of Bets Can I Place
As a registered player with Coolbet, the following bets can be utilized across different sports and matches.
Single bet
Under this, a user can predict the winner of exactly one event or match. These are applicable to all sports matches with Coolbet;
System bet
In this, a player can place combination bets. These combinations may or may not include single bets and are up to the choice of the player. If any one of the bets placed under this is won, the system bet is declared as won;
Combo bet
With this type, a player can put 2 or more selections under a single bet. This is also referred to as an accumulator. For 1 combo set, a maximum of 15 selections are permitted. A player is eligible for winning a combo bet only if all the selections are won;
Coolbet Sportsbook Live-betting & Live-streaming
Live betting
The option to place a bet on an ongoing match is among the most desirable features for bettors. Fortunately, Coolbet provides live betting for sports through a dedicated tab.
The process for live betting is similar to a regular bet with the live scores predicting a clear picture on whom or which team to bet on.
Players will have to wait a little longer for Coolbet to start with regular live streaming of sports events on the platform.
Coolbet Sportsbook Sign-Up Process
Sign up with Coolbet is a quick and simple process that takes only 2 steps.
- Click on the register button on the website and you’ll be redirected to the signup page.
- Fill in the details of the form and click on register.
And it is done!
Additionally, a player can also sign up using his/her Facebook or Google account.
Coolbet Banking Options
Deposit methods with Coolbet
Deposit Method | Processing fee | Minimum deposit required | Processing time |
Credit card | NA | $10 or €10 | Immediately |
Trustly | NA | $10 or €10 | Immediately |
Skrill | NA | $10 or €10 | Immediately |
Neteller | NA | $10 or €10 | Immediately |
Paysafe card | NA | $10 or €10 | Immediately |
Withdrawal methods with Coolbet
Withdrawal Method | Processing fee | Minimum withdrawal required | Processing time |
Credit card | NA | $20 or €20 | 1-3 working days |
Trustly | NA | $20 or €20 | 1 working day |
Skrill | NA | $20 or €20 | Immediately |
Neteller | NA | $20 or €20 | Immediately |
Paysafe card | NA | $20 or €20 | 1 working day |
Official Info
- Website: https://www.coolbet.com/
- Established: 2019;
- License: MGA/B2C/681/2019 by Malta Gaming Authority;
- Address: Regent House, Office 21, Bisazza Street, Sliema SLM1640, Malta;
- Headquarters: Tallinn, Estonia;
Coolbet Customer Support
The customer support at Coolbet is easily accessible with:
Email: [email protected]
Live chat: It is enabled on the official website and typically responds within 15 seconds to assist the players.
However, there is no telephonic support provided yet.
Related Articles
Conclusion
Coolbet is a new sportsbook player in the industry which has been growing ever since it was launched. It offers all the several necessary features that can be required by any bettor. This experience can be further enhanced with the addition of mobile apps for the players. Yet again, it is a great choice to get started with online sports betting with an easy-to-use interface.