Betovo Is it Legit?
Betovo: Is it legit?
Worried that you might get scammed at Betovo? Good! You should always be worried about your safety not just here, but at any online betting site you might sign up for! As much as some other reviewers wish to pretend like online betting is extremely safe and straightforward, the fact of the matter is that there are still plenty of scam sites mixed in with the good ones to make the average player very cautious!
Not to worry, though! We at BettingSites.CC have thoroughly investigated the site, exploring it in-depth in order to reach a conclusion on whether it’s likely to scam you or not! Keep in mind that what we have presented is just our opinion, which, although professional and stemming from years of experience writing about gambling, is ultimately subjective and fallible. If you disagree, or even if you agree, we strongly encourage you to do your own research and reach your own conclusion instead of blindly trusting us, or any other reviewer!
The Short Answer: Is Betovo Legit?
Sadly, we don’t believe that it’s worth playing at Betovo. Although there isn’t a specific scam that we feel is being perpetuated here, the x10 wagering requirement for all deposits will severely limit the amount of money you’ll be able to withdraw when you win.
Why Do We Think That?
Ordinarily, we would spend this section listing 3-4 things that we found about the site which we believe to be fraudulent – for example, a lack of license, poor reputation with players, and so on. But at Betovo, these things all check out. As far as we can tell, the site is fully licensed and legal, and it’s still very early in its life for there to be a lot of feedback from actual players.
With that said, there is one area which made is highly distrusting of it: all deposits must be wagered through x10 times before winnings from them can be withdrawn. Let’s give a practical example: you have deposited €50, without any bonuses since you don’t care for that. You wagered them on 1.50 odds and won, which means you now have €75! Awesome! At most other sites you’d now be able to withdraw €50 (as you completed their x1 wagering requirement) and keep betting with your €25 winnings.
But since Betovo has an x10 wagering requirement, this means you need to do this 10 more times, and wager a total of €500 to withdraw €50. But what do you do with the rest of your winnings? Well, you need to wager them x10 times too, and then keep going until you run out of money. This is basically legal robbery, and means you would be making 1/10 of what you could be winning at most other betting sites. If that!