WBetz sports betting

WBetz Is it Legit?

4.8/5

David Kane, Author at Bettingsite.cc

Written by:

David Kane

Last Updated: Sep 02, 2024

Sports betting offer

200% up to EUR 450

WBetz is Restricted

WBetz: Is it legit?

WBetz is it legitWBetz's licensing situation is a really mixed picture, and this might be worth considering carefully if you're wondering about the platform's reliability overall. The site is run by Velona Holdings SDRL, a company without a huge track record which is registered in Costa Rica, and has not one, but two main gaming licenses: from Anjouan and from PAGCOR.

The Anjouan license is given by a smaller regulatory body in the Comoros, which, as you may know, is a region known for quite lenient standards. This license definitely won't carry the same weight or adequate oversight as permits from the UK, Malta, or Gibraltar, and the only way for this to be okay is if you're a player who isn't afraid of high-risk situations.

The PAGCOR one is from the Philippines and is somewhat more reputable, as PAGCOR is government-run and regulates gambling in the Philippines with a more serious framework. Still, PAGCOR mainly protects players in the Asian market, and its reach outside of it isn't too formidable.

Overall, WBetz is really licensed with legal permits, but if you're all about ironclad safety, it might not be the best place to put your entire trust in. If you're a high-risk bettor, however, it can be a lot of fun for you.

The Short Answer: Is WBetz Legit?

It has some legitimate licenses, but not ones that are as strong in player protection all over the world. If you’re playing from somewhere in Asia or don’t mind higher amounts of risk, it’s a betting site worth checking out. If not, then you might want to reconsider.

Why Do We Think That?

  • PAGCOR License: This license offers an adequate level of protection to players in Asia, however, it isn’t as strong outside of it.
  • Anjouan License: It’s a pretty lax license that is more ‘for appearances’ than it is to provide any solid oversight.
  • Elaborate Terms and Conditions: The T&C section, as well as all other rules at WBetz, are carefully explained and well-written, which is usually a sign of a casino that isn’t an outright scam.

WBetz Is it Legit? in other lanugages

WBetz Compared to Other Bookmakers

Bookmaker

Rating

Bonus

Min Deposit

Min Withdrawal

Payment methods

Licenses

Visit

WBetz sports betting

WBetz

4.8/5

200% up to EUR 450

Bitcoin Ethereum LiteCoin Mastercard MiFinity Tether Visa

Anjouan, Costa Rica, PAGCOR

Restricted

5.0/5

1500 € + 300 Free Spins

€10

€50

Bank Transfer Bitcoin DogeCoin Ethereum LiteCoin Mastercard Neosurf Neteller Skrill Tron Visa

N/A

4.7/5

Up to EUR 250

€20

€20

Bitcoin Ethereum LiteCoin Mastercard Visa

N/A

4.7/5

100% up to 100€ welcome bonus!

€10

€20

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Curacao

David Kane, Author at Bettingsite.cc

Bookmakers reviewer

David Kane

Expert opinion

5

David Kane is an expert content editor at BettingSite.cc, known for his detailed reviews of the newest bookmakers. His in-depth analyses and clear advice benefit both new and seasoned bettors, enhancing their betting experiences with reliable information.