Established in 1995, Canbet have been at the forefront of the gaming and wagering business ever since.
On 12th February 2014, Canbet Sports Bookmakers UK Ltd engaged a business asset agent to liquidate assets from within Canbet and its associated companies. The result of this is many players have not received funds they are owed and will continue to not be paid any outstanding payments until the situation is resolved. Technically, the company is not in administration which means that any outstanding debts should in theory be able to be paid. Players should always have the right to their money unless the legal situation states they cannot (e.g. due to administration). bettingexpert is in contact with Canbet to try and push through a favourable outcome for players.
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You must deposit and bet a minimum of £25 within 30 days of opening your account then you will receive a £25 bonus within 24 hours of your initial bet being settled.
Canbet appears to provide a solid experience however it has received many negative reviews over the last year or so which has caused us to respond with a 1-star rating. Canbet is very unreliable in payouts and unless you have a very good reason to make an account here we would recommend you look elsewhere. Bet365, for example, offers much more markets and is very reliable in payouts.
Over the years Canbet had developed a good reputation amongst the big money bettors for not limiting the stakes accepted on bets. Hong Kong and Singapore horse racing as well as a comprehensive range of Asian handicap markets had made them popular with the Asian based punters and made them a truly global brand however unfortunately they have let this slip and no find themselves on the blacklist of many punters.
The range of sports being offered at Canbet sports is comprehensive with the rare inclusion of Asian based horse racing at competitive odds. More than 15 sports are covered but disappointingly there isn't a huge assortment of markets on offer for each event.
I say disappointment, but that is merely my opinion, all the major markets are available and if your betting is tailored to the main stream markets then you won't be dissatisfied. However, if you like a flutter on the first goal scorer in a football game or top batsman in a cricket match then you will need to look elsewhere.
I have read a lot of good things about the Canbet cricket exchange on the internet and having never used it myself I was intrigued to see what all the fuss is about. Underwhelmed. That is the only word that I can use to describe my experience.
The markets have little to no liquidity and look to be directly lifted straight from some of the popular betting exchanges. It doesn’t deter from the all round Canbet experience but as a standalone application it doesn’t appear to be worth your time.
Canbet should be avoided. It gets many negative reviews online and this is for the simple reason that they are very unreliable in payouts. If you insist on playing here, you should read their terms and conditions throughly and be prepared to follow up on payouts. Our suggestion is to try another bookmaker.