Bankonbet Is it Legit?

Bankonbet – Is it legit?

Is Bankonbet A Legit Sports Betting Site?

Bankonbet is, without a doubt, among the most trustworthy and, of course, legit, online sportsbooks available. The fact that it has a valid license from Curacao is just the beginning of the numerous reasons why this is the case. The sports betting website has rigorous security measures in place, so you may play in total safety while experiencing an environment of seeming carelessness.

But this is not exactly enough to make you believe and it shouldn’t be. For this reason, we’ve included a couple of sub-sections to explain who stands behind the platform, its license, and some other interesting details.

Owner & Owner’s History

Currently, Bankonbet is owned and managed by Rabidi N.V. If you're into iGaming, you've probably played at one of their casinos or used one of their betting platforms before; the brand is well-known and highly respected in the industry. They almost never release a platform that doesn't achieve massive success, and they always bring a ton of functionality and top-notch experiences to the table.

Upon its establishment and acquisition of its iGaming license in 2019, the company's first-ever brand went online. What sets this operator apart is their commitment to providing their platforms with the latest features, games, and promos, and keeping up with all the dynamic trends. This makes them a formidable challenger to the industry's most prominent and successful companies.

License & Regulator

Curacao is one of the biggest regulatory agencies in the sports betting sector, and it has issued licenses to both the operator Rabidi N.V. and the betting site Bankonbet. It is common for platforms to utilize this license if they prioritize user flexibility and accept several payment methods, such as fiat cash and cryptocurrencies.

Since Curacao is the only reputable regulatory body that accepts cryptocurrencies as payment, the sports betting site has chosen to work with it. Despite the fact that the regulator has a less-than-stellar history, it has lately updated its laws and rules, turning the license into a respected tool for betting companies.

Complaints

While it's possible for issues to arise when utilizing an online betting platform, the typical wager fan almost never has any issues. Problems with deposits or withdrawals, trapped bets, bugs in the casino, and the platform’s team not responding to verification files are just a few examples of what may go wrong, although it is an extremely rare occurrence.

There are two main approaches you might take when faced with such issues. Find out if the betting site's support team can help you out by contacting them via live chat or email before you do anything else. If all else fails, the next step is to contact the regulator through their website.

You should use the second option if the first one doesn't work as the jurisdiction’s officials will want to make things right and will do so quite fast. If you provide them with a thorough description of what occurred, they will reach out to you to initiate contact and, hopefully, resolve your issue.