Is LeoVegas Sport Safe?
LeoVegas is a well-known online casino, specialising in mobile gaming, but they also offer a highly respected sportsbook.
This LeoVegas sport review will dive into the details of their unusual welcome offer giving players 100% extra winnings and why their betting app is ahead of the pack. Read on to discover more.
- No live streaming schedules
- New customer offer not as generous as others
- More focused on casino
LeoVegas Sport Security
LeoVegas sports is a safe and secure online betting site. As a company – they take security very seriously. Your data is protected using SSL 256-bit encryptions. This may sound like jargon, but rest assure this is top of the range technology.
The sportsbook launched in 2016, but the company had been operating as a sole online casino site since 2011. Therefore, it already had a good reputation. Furthermore, the parent company is also listed on the Stockholm Exchange, cementing its legitimacy.
On top of that, the mobile app can also be enabled with TouchID. As a leader in mobile gaming, this is excellent, and a feature we like a lot.
Licences are important. They ensure that strict industry rules are followed and that betting in your territory is legal. Of course, we only recommend betting sites that hold licences.
LeoVegas has a strong Scandinavian background and holds a Swedish licence. This is relatively new and has already gained a reputation of being tough to both acquire and maintain. So, it should be a comfort to know that LeoVegas holds this.
Furthermore, they hold licences with the:
- United Kingdom Gambling Commission
- Malta Gaming Authority
- Revenue Commissioners in Ireland
- Danish Gambling Authority.
- Italy (ADM-AAMS)
- Spain (DGOJ)
- Sweden (Spelinspektionen)
A company with only one of these licences would be considered safe to bet with; holding all of them shows how serious LeoVegas is.
Bear in mind that the company needs to satisfy the requirements for all of the above bodies. There are not many companies that boast multiple licences, so this is a real plus.
Protection of Funds
As per the terms of a licence in the UK, betting companies are required to hold player funds separately from their main accounts. The UKGC examines the steps taken and awards a rating based on how safe players funds are.
LeoVegas is currently rated at the lowest level of not protected. While this might seem like cause for concern, it only applies if they go into administration which seems highly unlikely. It means that should they go bust, your funds will be considered the companies and used to pay off debtors.
Your transactions are still protected by high-end encryptions.
With such large operations and changing rules, in the UK – betting companies can be fined. LeoVegas picked up a £600,000 fine in 2017 for breaking several rules. These included not showing key terms of a promotion clearly.
At the time, new rules had just been implemented and were for the UK market only. Since then, LeoVegas have tightened up and have not been handed a fine after this. Therefore, we shouldn’t hold this against them.
Leosafeplay is a dedicated site sitting separately from the main LeoVegas sports site. It provides information on responsible gambling tools and informs players how to get help if needed.
It also promotes how to spot the signs and includes a self-assessment feature. No LeoVegas sport review would be complete without mentioning it as it goes a lot further than a lot of betting sites in the UK.
We’re impressed with the volume of information available and how well it is promoted.
LeoVegas sports is legit because:
LeoVegas Sport Offers
Welcome Offer – Double Your Winnings up to £100
LeoVegas have been quite consistent with their welcome offer for sports, and it’s a bit of an unusual one, to be honest.
They offer players the chance to double their winnings on their first bet. This is known as a ‘profit boost’.
Although they are not seen often, a profit boost does offer a decent amount of value. The big downside is of course that if your bet loses, you don’t get any form of the welcome bonus. Because of that, we don’t rate it as high as the likes of free bet offers.
How does a profit boost work in practice? LeoVegas state in the terms of the offer that the profit boost winnings are calculated on the odds quoted in the betslip. As an example:
£10 @ odds of 2/1 (3.0) becomes £10 @ odds of 4/1 (5.0).
Therefore, if your bet wins you would take back £50 instead of £30. The profit is doubled ie. £20 profit (£30 – £10 stake).
How to Claim the LeoVegas Sports Welcome Offer
a new account
a minimum of £10 (not using Skrill or Neteller)
by going to ‘My offers’
In-Play on mobile at minimum odds of 1/1 and a minimum stake of £10
the promotional box in the betslip
If the bet wins, get double winnings – paid in cash up to £100
Welcome Bonus Key Terms and Conditions
The LeoVegas sports offer is simple in terms of key terms. There is nothing there that will trip you up so long as you bear in mind it’s an in-play bet from your mobile.
Is the LeoVegas Sports Bonuses Legit?
Yes, it is. It is certainly not the most generous of the welcome offer. In fact, it kind of shows you that the company focuses more on its casino offering.
The offer won’t be for everyone as the bet cannot be placed pre-match. Live betting means you need to be placing the bet as the event is in action. If you win, however, the winnings are paid in cash so that’s a huge plus.
Bonuses for Existing Customers
LeoVegas promote a few sports promotions. At the time there is a free to play prediction game for football giving players the chance to win a cash reward. However, most promotions are event specific.
By this, we mean that you’ll be able to get a price boost or enhanced odds on a certain acca. These provide excellent value, especially they are selections that you’re already keen on.
As we always say, don’t take up a promotion for the sake of it. There is no value in that.
As well as boosts, occasionally there are free bet offers too. So, keep your eyes peeled and check in on the ‘my offers’ section of your account. This is where all the offers are waiting.
LeoVegas VIP Levels
All players, even new, can be inducted into the VIP programme. All you have to do is opt-in to communications and be eligible for bonus offers.
You will then see a bar on the right-hand top of the screen when you’re logged into your account. It shows how close you are to levelling up. Obviously, the higher the level the greater the potential rewards.
Each month there is a draw for set prizes in which a player from each VIP group is guaranteed to win.
The groups are split in 10’s, so 1-10, 11-20 and so on up to 99.
On top of those draws, there are some other cool perks. LeoVegas sponsor plenty of sports events so exclusive invites to exciting matches as well as tailormade bonuses are a possibility.
The top-end players will also get a dedicated account manager, faster withdrawals. Of course, the big perks are for high-rollers and not for the majority of ‘normal’ players.
LeoVegas Sports Betting Markets
There are plenty of different sports to bet on at LeoVegas. As they are a Swedish company they offer a wide range of markets on ‘Nordic’ sports such as:
- Ice Hockey
- Cross-country skiing
- Winter sports
So, if you’re into those sports you’re in luck. That’s not to say that they don’t offer other sports! At LeoVegas you can also bet on:
- Football (most leagues)
- Horse Racing
- American Football
- Table Tennis
The depth of markets is also quite impressive. There may be fewer options for the Premier League or snooker than the UK focused betting site – but there’s still an excellent choice.
All sports have a maximum payout limit. Each level of sport and markets have a limit too. The amounts listed in the table are the highest payouts possible.
Compared with other bookmakers the limits are relatively low; especially for horse racing. So, it is something to bear in mind.
Football Betting at LeoVegas
LeoVegas sport has sponsored several football teams in England over the past few seasons. They teamed up with both Brentford FC and Norwich City for two and three seasons respectively.
Although they have since ended their agreements, LeoVegas still offer great markets for football in the UK.
Players can enjoy competitive odds not only in the English Premier League, but also the Championship, and more.
Furthermore, LeoVegas also price up top football leagues across Europe including their native Sweden. In comparison with other big bookmakers in the UK, LeoVegas more than hold their own.
Does LeoVegas Sport Have Competitive Odds?
Knowing that you’re not being cheated is a comforting feeling. That’s why here at legit we dive into the serious side of betting, such as getting value as a punter.
The only way to make sure you get value is by backing bets at good, competitive odds on a regular basis.
|Bookmaker||Number of markets||1X2 margin|
In the table above, we’ve taken a snapshot of the odds and markets on offer for a Champions League game. As you can see, LeoVegas are not at the top of the market but are certainly competitive with their margin.
A bookie shouldn’t be judged on a single low odd as they may already be covering a high liability on that market.
For the purpose of our LeoVegas sport review, we examined several markets in the same way and can conclude that they offer similar margins to big betting sites across different sports and markets.
The software for the sportsbook is outsourced to a company called ‘Kambi Sports’. This is a fairly common practice, especially for betting brands that started as casinos.
Kambi is widely respected within the industry and operate premium sportsbooks. They can also provide the odds.
Each sport has dedicated bookmakers controlling the odds and as they can provide odds across several brands – you can be sure that they are competitive.
This feature allows punters to create their own unique bet with several selections including those from the same game. Let’s take a Manchester City vs Liverpool game.
You can bet on: Over 5 corners in the first half, Liverpool to win and Mane to score all in one bet.
LeoVegas will calculate the odds (it won’t be the same as a straight acca in which the odds are simply multiplied.) The combo odds will be unique to the player as they pick whatever selections they fancy. Furthermore – you can also add bets from other matches too.
Of course, there is a downside. It’s hard to know exactly how much value you are getting, and it’s likely that bookmakers build in a fairly big margin. So, just be careful. In saying that, it’s a cool feature and one that we rate highly.
Placing a bet on a match or sports event that is underway is increasing in popularity. It can be an exciting way to wager on games with instant rewards (or losses). At LeoVegas, live markets are plentiful.
You’ll find odds on a wide range of sports including football, basketball, tennis, cricket and more. Not all leagues are covered, however.
Live betting requires a lot of odds updates with the action constantly changing the odds. Therefore, you won’t find them for lower league matches.
If you’re new to betting, you may also be interested to know that as well as placing single bets – accas are also possible in-play.
You can also place a blend of in-play bets and pre-match bets should you wish.
Live Streaming Options
At LeoVegas, you can also watch a selection of sports events via their live streaming service. Live streaming varies between bookmakers – mostly because of the cost involved. It can be an expensive business buying streaming rights with broadcasters paying millions to secure tv rights.
So, don’t expect every event to be available. The good news is that LeoVegas show plenty of horse races from the UK and a decent amount of football from around Europe. Topflight English Premier League games are highly unlikely to be available to players in the UK.
It’s good to see all the big providers on the list of payment options for LeoVegas. The likes of your debit card and bank transfer are usually available on all betting sites. We’re pleased to see that PayPal is also an option in the UK as is Apple Pay.
Bear in mind that while Skrill and Neteller are accepted; they will exclude you from not only the welcome offer but all promotions.
LeoVegas Betting App
LeoVegas self-dub themselves as ‘King of mobile’. It should be no surprise therefore that both the mobile app and site are excellent.
The app is beautifully designed, and markets are easy to uncover. You can really tell that everything has been carefully arranged with a mobile user in mind.
LeoVegas have won numerous accolades and awards for their app – so, if you are a mobile bettor this is definitely one you should check out.
From a legit point of view, we particularly like the 2-step log-in. This means you can set-up a pin code to access your account, or even use your fingerprint. It’s something we strongly suggest players take advantage of.
This is where LeoVegas mobile-first strategy comes into the forefront of everything they do. Players can download a separate app ‘LeoAlerts’. The app offers an extra layer to a sports betting experience.
With it, you can enable push notifications to be kept up to do with a specific sporting event that you’re interested in, ie placed a bet on.
We think this is a really cool feature. It’s one that other bookmakers offer in a roundabout way, but LeoVegas take the top spot for this in our opinion.
We would firstly like to point out that the LeoVegas sports FAQ’s section is very useful. It’s packed with interesting questions and detailed answers. So, this should be your first point of call.
Although live chat is promoted 24/7, there are occasions when the wait times can be high. Your question will be taken though.
If you think it could be answered via email, then you may prefer that route.
We found the support staff to be highly knowledgeable on many subjects and our questions (even tricky ones) were all dealt with in a timely manner.
Tips and Tricks
LeoVegas is more than a sportsbook. In fact, it started out as a mobile casino only. It has only been in the last few years that they have really ramped up their sports offering, especially in the UK.
The casino has won many awards including:
- Mobile Casino Product of the Year EGR Operator Awards 2018
- Mobile Operator of the Year International Gaming Awards 2019
As well as a high-performing casino; there is an extensive live casino and most recently, bingo.
Players looking for multiple products will enjoy good navigation through the different areas, and a combined wallet means that funds don’t need to be transferred. This is quite common, but not guaranteed – so for us, it’s nice to see.
The welcome offer isn’t too generous. That’s the biggest fault we can see. In saying that, it’s not all about special deals for new customers.
We would also like to see a few more in-play markets. At the moment, there are fewer than the likes of William Hill and Betfair – but those two do offer the most in the market.
LeoVegas Sport Conclusion
As a non-native UK sportsbook, LeoVegas excel. The likes of their horse racing offering are excellent and rivals’ top operators in the UK. Markets are easy to find, offers are good and they hold many licences.
Mobile bettors will enjoy a brilliant sports betting experience. The brand is always pushing forward with innovative features such as their LeoAlerts app and we’re sure more mobile extras will follow.
Overall, LeoVegas Sports comes highly recommended from us.
Is LeoVegas Sport Legit?
Yes. They hold licences with several top authorities which show how serious a company they are. The sportsbook is packed with exciting market choices and completive odds are always on show.
Is LeoVegas Sport a good betting site?
Horse racing, football, tennis, rugby and cricket are only the tip of the iceberg terms of what sports are on offer. The odds are competitive and the in-play betting markets are wide and varied. LeoVegas sport is an excellent one-stop-shop for sports bettors in the UK and beyond.
How do I deposit at LeoVegas?
In the UK, you can deposit with Visa, PayPay, Skrill, Neteller, MuchBetter, Paysafecard, and Trustly.
How long does it take to withdraw from LeoVegas Sport?
You will usually only have to wait between 3-5 working days for pay-outs to hit your account. This is about average for the industry, and of course, depends on your preferred method.