18+ The UK only. Available for the new players who have registered at EnergyBet at 31.03.2023 and valid oonly for their first qualifying Sportsbook bet. Cash stakes only. Min. £10 deposit required. Min. £10 on first bet with min. total odds of 1/1 to qualify. Bet must be settled. Bonus wg. req. 1x on min. 2-fold combi bets (min. 1/4 odds each selection) with min. final odds of 1/1. Bets placed for both sides, with the same outcome and for the same event, will be disqualified. Virtual bets and cashed out bets do not qualify. One-time offer. Bonuses credited following working day. T&Cs apply. BeGambleAware.org. Please bet responsibly.
EnergyBet is a traditional fixed odds bookmaker that was launched in 2016. There is anecdotal evidence of issues with payments but in general the company is a reputable operator. The site is operated by Probe Investments Limited who are licensed and regulated by the Malta Gaming Authority. Customers in the UK come under the regulations of the UK Gambling Commission who have issued a Remote Operating Licence for sports betting and a casino. The original product was EnergyCasino but the site now features sports betting, virtual sports and a live casino. Customers can place bets at EnergyBet using desktop computers and mobile devices.
Newly registered players with EnergyBet can claim a welcome bonus.
This is a genuine 100% match deposit bonus because the value of the bonus equals the qualifying deposit. The bonus must be staked 10 times which means £500 in one month. Qualifying bets can only be multiples with three selections or more at minimum odds. The offer could be more transparent and the staking and odds requirements are more complex than similar offers with other UK-facing bookmakers. However, the headline value of the promotion provides a good incentive to open an account with EnergyBet, make the first deposit to activate the bonus and bet.
EnergyBet currently has two active accumulator promotions that complement the welcome bonus of up to £50 in the form of a match deposit bonus. Other operators have a wider range of ongoing promotions for existing customers. Customers with EnergyBet are invited to join the VIP Program that rewards loyalty with special prizes. The following promotions enhance the value of placing multiple bets with EnergyBet for all customers.
EnergyBet enhances the return from winning accumulators. These boost ranges from 5% for an acca with four selections to 25% for an acca with eight selections. The minimum stake is £10 at minimum odds of 2/1 (3.00) and the qualifying window is any full week. The maximum value of any boost is £250 which appears in a customer’s account by 17:00 on the following Tuesday. There are wagering requirements of 3 times the additional winnings at odds of 3/4 (1.75) or bigger. Any bonus funds expire after 30 days.
Customers with EnergyBet who place a football accumulator with four selections or more will receive a refund if there is one losing leg. The maximum refund is £20 and the value is the same as the stake. This is a weekly promotion and the qualifying bet must be at odds of 1/5 (1.20) for each selection. There are wagering requirements of 5 times the refund at odds of 3/4 (1.75) or bigger. The bonus funds will be credited to an account by 17:00 on the Monday after the qualifying week. Any bonus funds expire after 30 days.
‘Sports’ is the first option on the main menu on the EnergyBet Home Page. The betting categories are displayed in a popular list and another list of all the betting sports. Customers with EnergyBet can bet on about 40 sports which are also displayed in boxes containing the name of the sport and the number of active markets. The default odds format is decimal but this can be changed to fractional.
In addition to the regular sports, customers with EnergyBet can place wagers on Politics, Chess, Esports and TV Specials. Despite having customers in the UK, this operator does not have a horse racing service. The three most popular betting sports are football, basketball and tennis. Here is some information about each sport.
At the time of writing there were about 2,000 current sports betting markets and almost 1,200 were related to football. This share reflects industry trends which indicate that more than half the global online sports bets are on football. Customers with EnergyBet can bet on leagues and Cups in over 70 currencies and 200 categories. England accounts for most football bets and the most popular betting league in the world is the Premier League, followed by the Champions League. Customers can bet on over 20 leagues and Cups in England, from the Premier League to the eighth tier.
EnergyBet displays the match winner and double chance markets for each Premier League fixture with a link to over 300 related markets. These additional betting options appear under the following headings:
This table shows the betting margins for the three most popular football markets:
|
Market |
Betting Margin |
|
Three way match result after 90 minutes |
104.81% |
|
Over or under 2.5 goals |
106.69% |
|
Favourite minus 1 goal |
107.73% |
These odds are above average but only marginally. Regular customers are unlikely to notice the variances but big stakes players are more price sensitive and could look elsewhere for their football bets in these markets.
In terms of the number of active markets, basketball is the second most popular betting sport with EnergyBet. Customers can bet on matches in leagues in 8 countries which are mainly in Europe. The Euroleauge generates plenty of betting interest which is not surprising because it is the equivalent of the Champions League in football.
However, by far the most bet on league is the National Basketball Association (NBA) in North America. EnergyBet displays the match result and handicap for each fixture with a link to up to 90 additional betting markets. These options appear in the categories of Primary, Handicap, Totals, Half, Quarter and Specials.
This table shows the betting margins for the three most popular basketball markets:
|
Market |
Betting Margin |
|
Two match result including Overtime |
106.00% |
|
Match totals |
105.68% |
|
Match spread |
106.37% |
These odds are slightly better than the average but the variances are marginal and unlikely to have a material effect on turnover.
Tennis accounts for the third highest number of bets, after football and basketball. Customers with EnergyBet can place bets on matches from the ATP and WTA tours, Challenger events and International Tennis Federation (ITF) tournaments. The most popular tennis events for betting are the four grand Slam tournaments. The first of the year, the Australian Open, was taking place when this review was completed.
EnergyBet displays the two way match result and a link to about 40 additional markets. These market appear under the headings of Primary, et Betting, Handicaps, Totals and Player Specials. This table shows the betting margins for the three most popular tennis markets:
|
Market |
Betting Margin |
|
Two way match result |
106.67% |
|
Match games totals |
107.64% |
|
Match games handicap |
108.91% |
These odds are significantly worse than the average and the variances will have a material effect on turnover, especially with high-staking customers.
EnergyBet have not launched a downloadable mobile betting app for Android and iOS devices, but they do have a mobile version of the website which works with any browser. There are no mobile-specific promotions with EnergyBet. However, mobile users can claim the welcome bonus and enjoy the benefits of the two ongoing promotions related to accumulators.
The mobile website is fully functional and replicates the desktop version. The mobile service is easy to navigate and looks sleek. In fact, EnergyBet have delivered an impressive site for mobile users. The layout is accessible and user-friendly. The lack of apps for download is a negative but mobile users are well catered for with the mobile website. The betting and in-play interfaces work well.
EnergyBet is a traditional online fixed odds bookmakers who offer customers the following betting services:
Customers with EnergyBet can enjoy an in-play betting service. Events are displayed in conference and single view. The most popular live betting sports are football and tennis. There is no live streaming but bettors can view an animation of the progress of play and refer to limited live match statistics before placing a bet. The range of live markets is limited. Betting is suspended after a key incident, such as goal in football and break of serve in tennis. The updated odds appear after less than one minute so live betting continues without a significant break. Typical odds across all sports are average for in-play betting.
Customers with EnergyBet can cash out two types of bet: pre-match or earlier in-play bets during a live event and accumulators before the bet expires. The objective is to guarantee a profit or limit the liability before the final outcome is known. An icon is displayed against a market if bets can be cashed out. EnergyBet offers a cash out value which can be accepted or rejected. The cash out value depends on the stake and odds for the original bet and the betting at the time of the cash out request. Customers take advantage of a market moving in their favour when cashing out an active bet.
Customers with EnergyBet can choose from a wide range of payment options. This includes debit and credit cards but UK customer will not be able to make credit card deposits after September 2020. Other banking methods include safe prepaid cards, Bank Transfer and several e-Wallets, but not including PayPal. Deposits are immediate and free of charge while withdrawals are subject to standard delays and there is generally no fee. However, some providers may impose a charge for carrying out betting transactions. There are minimum and maximum limits which are typical for the industry.
Potential new customers click the REGISTER button on the EnergyBet Home Page. The registration process involves specifying a Username and Password and entering an email address. The process ends with the account holder accepting the Terms & Conditions and verifying their age.
New customers then make the first deposit and activate the welcome bonus. The process involves selecting the payment method and entering the amount. EnergyBet credits the welcome bonus which is a 100% match deposit bonus for up to £50. The account balance is updated to include the deposit.
Bettors then navigate the site to locate the preferred market. They click on the required odds and the Bet Slip appears. The betting options appear as more selections are added. Customers select the type of bet, enter the stake and placed the bet. Most bets are accepted so the account balance now reflects the stake.
Customers can contact EnergyBet by completing an online form. The operator also provides customers with details for the following contact methods:
There are guides to how to place a bet and detailed online Terms & Conditions. EnergyBet promotes responsible gambling by providing exclusion measures and links to support bodies. EnergyBet has registered with GamStop which encourages responsible gambling.
EnergyBet is licensed and regulated by trusted bodies in the UK and Malta. The company has been issued with a licence to offer sports betting and casino games. The UKGC expect operators to meet high standards of compliance and EnergyBet has achieved the objective. They have only been in the industry since 2016 but offer a good combination of promotions and competitive odds. The betting and in-play interfaces work well but the lack of live streaming is a negative. The betting experience at EnergyBet is a positive one.
EnergyBet scores highly in the key areas of online sports betting. The odds for some sports offer decent value and they are generally close to the average. The welcome bonus is relatively lucrative but not easy to claim. Both ongoing promotions credit customers with additional bonuses. Gaining market share in the UK market is difficult but EnergyBet have produced a good destination for sports betting using desktop computers and mobile devices.