Canbet

Promo code:

BETBONUS

Our rating: (3/5)
User rating:

Sign up bonus: 10% up to £25
Founded: 1995
Flash version: No
Payment: Mastercard, Visa, Visa Electron, Diners Club, Moneybookers, NETeller, Bank Transfer, Band Draft, NETeller (1-PAY), UDpay, China Direct Debit Card, InstaDebit, China Bank Transfer, Ukash
Languages: English, Chinese
Accepts US-players: No
Review updated: 05.11.2010

Established in 1995 Canbet have been at the forefront of the gaming and wagering business ever since. Catering for customers worldwide they have developed a global reputation for honest and fair gaming and their specials and promotions are first rate.

Over the years Canbet have 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 have made them popular with the Asian based punters and make them a truly global brand.

Canbet Bonus

The Canbet bonus offered upon signing up for your account doesn't exactly stand out from the crowd, in fact it is pretty much industry standard. 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 Bonus Code: BETBONUS

Make sure you enter the Canbet promotional code BETBONUS when signing up in order to ensure that you receive your Canbet free bet. If you like casino games, there is a Canbet highroller bonus waiting for you!

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.

Canbet Exchange

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.

Summary

CanBet is respected by many big money bettors and you don’t obtain that sort of reputation easily, so if you like a big punt then this is the place to be. Less liberal bettors shouldn’t be deterred either, the general odds on offer are always competitive and if nothing else, the hassle-free welcome bonus is worth your investment.

Go to Canbet

by Ajax_4ever | 21.07.2010, 15.46 CET

I opened a account at canbet for the bonus and deposited 100 euro. I placed a few bets and now I have 900 euros in my account. However, it turned out that the bonus rules are 'a little' more complicated than with other bookmakers. Only when you wager your full account balance (balance + bonus balance), you contibute towards the 6 x 30 = 180 euro rollover requirement. Well, I am not going to stake 900 euro, so I decided to withdraw my money and lose my bonus. But I was told by an employee that it is impossible to withdraw before meeting the rollover requirements...

I was very mad about this, because now I had to stake 4 more times my total account balance (I already stakes my full balance twice) to play my money free. At least, that is what I thought...

Because the employee also told me that after meeting 60 euro of the 180 euro rollover requirement, 10 euro of the bonus balance will be paid out to my account balance, so the bonus balance is deducted to 20 euro. Now with every bet with my full balance, I only contribute 20 euro towards the rollover requirements. And when I have played through 120 euro with my bonus balance (after 5 full balance bets), another 10 euro will be paid out. Then it will take 6 more bets with my full balance to be able to withdraw. All together I have to stake my full balance 11 times before being able to get my money back...

The good thing is there are no minimum odds for your bets contributing towards the rollover, the bad thing is they rarely offer odds below 1.6. With average odds of 1.5, the odds for not losing all your money are 1.5^11 = 86,5. This means the chance of ever seeing your money back is 1,15 %. With average odds of 2 this chance is only 0,05 %...

So in short: I do not recommend Canbet...

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