LV Bet Review: Legit or a Scam? | Sister Sites

LV Bet review. LV Bet is a Malta-based casino gaming and sports betting brand with a customer-oriented approach to business.

This suggests that it is a gaming website that focuses on one thing – customer satisfaction.

The question is whether this is just some marketing tactic, or whether LV Bet is really a website where you will enter and come out satisfied in terms of gaming entertainment and rewards.

That is, does the offerings (the online casino and sports betting platform) of LV Bet deliver top-notch gaming entertainment as well as real opportunities to win real money? Also, does LV Bet offer superior gaming services (like easy depositing and withdrawing, effective customer service, etc) to ensure a really satisfying experience? In the first place, is LV Bet legit?

This LV Bet review will examine the gambling site in order to provide the information that will help you answer these questions and also shows you the best LV Bet sister sites.

LV Bet at a glance

Websitewww.lvbet.com
Founded2015
OperatorFairload Ltd
LicenseMalta Gaming Authority
Gambling ProductsOnline Casino, Sports betting
Casino Games2,000+ games (Slots, Table Games and Video Poker, and Live Casino Games)
Welcome BonusUp to €1,000 + up to 1,000 LV Spins (over the first 4 deposits)
Banking MethodsCredit Cards, Prepaid Card, E-wallets, Online Banking, and Bank Transfer
Banking LimitsMinimum deposit: €10, Maximum deposit: €5,000 Minimum withdrawal: €20 per day, Maximum withdrawal: €5,000 per day
FeesDeposits: Free Withdrawals: first withdrawal of the week – free, others – €5
Processing TimeWithin 24 hours
Customer Support ServiceContact Form, Email (support@lvbet.com), Live Chat, and Telephone

Is LV Bet legit?

LV Bet is a legit gaming website because it is operated by Fairload Limited, which is a 100% legal company that is registered under the laws of the European Union member state of Malta (with registration number C71200, and registered address at 115B, Old Mint Street, Valletta, VLT1515, Malta).

LV Bet operates under the MGA gaming license MGA/B2C/282/2015 issued by Malta Gaming Authority (MGA), which is one of the most reputable gambling commissions in the iGaming world.

The MGA lays down high operating requirements for gaming houses, it strictly monitors its license holders to ensure compliance, and there are stiff penalties for those not complying.

Players can even escalate to the MGA for a fair hearing if they feel undone by MGA-licensed gaming houses.

The bottom line is that LV Bet is well-regulated, and a gaming house that is well-regulated is not likely to be a scam.

Also, LV Bet is the official sponsor of Wisla Krakow in the Polish league, and the fifth-highest English football league system (the Vanarama League).

These high-profile partnerships cannot be associated with a scam gaming website. Lastly, LV Bet has been operating for over 6 years.

In this time, it has proven to be a fair gaming website where players can have winnings; it has also proven to be a gaming website that pays winners. Scams do not pay, so with its operating record of paying winners, LV Bet can only be legit.

Is LV Bet safe?

LV Bet is safe because it keeps users’ data secure and out of the reach of unauthorized third parties using the most advanced data encryption techniques.

All information entered into the website is encrypted using the nigh-unbreakable SSL (Secure Sockets Layer) encryption algorithm. This is the same level f security used by banks, so you can trust that your information is safe.

LV Bet Sister Sites

There are a good number of popular and legitimate online gambling sites like LV Bet. They are known as LV Bet sister sites. They are called t sister sites to LV Bet because they have similar gaming features and management etc.

Below are the LV Bet sister sites:

  1. Betway
  2. Bovada
  3. 1Xbet
  4. Betonline
  5. Sportbetting

LV Bet Casino Gambling Products

LV Bet provides online casino gaming and sports betting. So, players have the convenience of using one platform to enjoy their favourite online casino games as well as betting on their favourite sports.

LV Bet Casino Game Offering

The LV Bet Casino is a big online casino that’ll rival many stand-alone online casinos.

1. Software Providers

The LV Bet Casino is powered by multiple game studios.  These include BF Games, Play’nGo, Microgaming, Red Tiger, Big Time Gaming, Pragmatic Play, Synot, Blueprint, Gamomat, Kalamba, Hacksaw, High 5 Games, Green Jade, Ainsworth Games, Playson, Iron Dog Studios, Red Rake, Booming Games, PG Soft, Just for the Win, 1×2 Gaming, NetEnt, Thunderkick, Wazdan, Skywind, Pariplay, Merkur, Greentube (Novomatic), Bally Wulff, and Oryx.

With many of the leading software providers supplying LV Bet Casino its games, it offers wonderful online casino games with great visual and audio effects, as well as exciting in-game features. 

2. Casino Versions

LV Bet Casino provides Instant Play games. Players will not go through the stress of downloading and installing casino software before they can have access to games.

This also eliminates the trouble of updating casino software from time to time.

Importantly, the Instant Play mode gives fast access to games. With Internet access, simply open the LV Bet Casino website in a web browser, and you can instantly start playing games.

LV Bet Casino is mobile-friendly. So, you can play games from home or while on the road.

From wherever, just use your portable mobile device to access the website, and you’ll be routed to the mobile casino.

3. Number and Variety of Games

LV Bet Casino has a huge number of games (over 2,000). Importantly, you’ll find the different online casino games, as LV Bet Casino ensures that every casino player is taken care of.

Slots – LV Bet Casino has a myriad of slots. You’ll find lots of all shapes and sizes. Interestingly, it also makes it easy to find slot games, as there are many filters.

You’ll find sections for Classic Slot, Video Slots, 3 Reel Slots, 5 Reel Slot, 7 Reel Slots and more.

If you want slots by themes, you’ll find sections for Magic Slots, Gem Slots, TV Slots, Cartoon Slots, Wild West Slots, Asian Slots, and more. If you want to choose your slots using specific features, you’ll find sections for Bonus Buy Slots, Megaways, and more.

Some of the top slots in the house are: Book of Dead, Starburst, Wolf Gold, Reactoonz, The Dog House, Thunderstruck II, 9 Masks of Fire, Dead or Alive, Legacy of the Dead, Ted, John hunter and the Tomb of the Scrab Queen, and more.

Table Games – LV Bet Casino also offer thrilling classic casino game. The category holds Blackjack, Baccarat, Poker, and Roulettes. Interestingly, you’ll find many variants of these classic games.

For Blackjack fans, the casino has 13 titles that include Classic Blackjack Gold Series, European Blackjack Gold, Vegas Strip, Vegas Downtown Blackjack, and more.

For Baccarat fans, the casino has Classic Baccarat and Baccarat Pro. Poker fans will find online Poker like Casino Hold’Em, as well as Video Poker titles like Jacks or Better, Deuces Wild, Bonus Deuces Wild, Double Double Bonus Poker, and more.

For Roulette fans, the casino has European Roulette, French Roulette, American Roulette, Multiball Roulette, and more.

That said, the table games section will satisfy most players, the dice games like Craps and Sic Bo are missing.

Live Casino Games – LV Bet Casino also has a live casino where players can get the experience of playing live in a brick-and-mortar casino.

The games are hosted by a live dealer in a live casino studio, while video streaming brings the action to players’ device, with a responsive interface that allows placing bets and interacting with the live dealer. The Live Casino features different live dealer games.

You’ll find Live Blackjacks, Live Poker (like Casino Hold’em, Caribbean Stud Poker, Texas Hold’em Bonus Poker, Three Card Poker, etc), Live Baccarat (like Baccarat Squeeze, Speed Baccarat, No Commission Baccarat, etc), Live Roulette (like Auto Roulette, Immersive Roulette, Rulekta Live etc), and Live Shows (like Dream Catcher, Football Studio, Monopoly Live, Deal or No Deal, Lightning Dice, Side Bet City, Mega Ball, etc).

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4. Jackpot Games

LV Bet Casino offers jackpot games are packed with jaw-dropping prizes. If you want to win 6 to 8 figure sums in one spin, this is the section to visit.

LV Bet Casino jackpot section has 35+ titles that include some of the juiciest progressive jackpot games in the industry, which are games with jackpots that keep increasing until it is won.

As of writing, over 8 titles had 8 figures (Mega Moolah, Atlanteen Treasures Mega Moolah, Absolootly Mad Mega Moolah, Fortunium Gold Mega Moolah, Juicy Joker Mega Moolah, Wheel of Wishes, Book of Atem Wowpot, and Sisters of Oz Wowpot.

For jackpot games of 5 – 6 figures, you’ll find African Legends, Divine Fortune, Mercy of the Gods, Fruits n Sevens, Golden Sevens, King’s Treasures, Age of Privateers, Lady Jester, and more.

Relatively smaller jackpot titles (3 – 4 figures) in the house include: Imperial Riches, Leprechaun go to Hell, Gunslinger Reloaded, Temple of Wealth, The Frog’s Fairy Tale, etc.

LV Bet Casino Promotions

LV Bet Casino has bonuses for new and existing players alike.

1. LV Bet Casino Welcome Bonus

LV Bet Casino welcomes new players generously. The welcome package is up to €1000 Bonus + 1000 LV Spins over the first 4 deposits. It works out as follows:

  • 1st deposit bonus – 100% match bonus up to €200 + up to 200 LV Spins on Starburst

Deposit €10 to €49, get 25 LV Spins; deposit €50 to €99, get 100 LV Spins; deposit €100 or more, get 200 LV Spins

  • 2nd deposit bonus – 50% match bonus up to €200 + up to 200 LV Spins on Aloha

Deposit €10 to €49, get 15 LV Spins; deposit €50 to €199, get 100 LV Spins; deposit €200 or more, get 200 LV Spins

  • 3rd deposit bonus – 25% match bonus up to €500 + up to 500 LV Spins on Joker Pro

Deposit €10 to €99, get 30 LV Spins; deposit €100 to €499, get 250 LV Spins; deposit €500 or more, get 500 LV Spins

  • 4th deposit bonus – 200% match bonus up to €100 + 100LV Spins on Wild Wild West

Deposit €10 to €19, get 30 LV Spins; deposit €20 to €49, get 50 LV Spins; deposit €50 or more, get 100 LV Spins

The welcome package is, by all standards, very attractive. Getting up to €1,000 for free is fine.

Then, there’s up to 1,000 LV Spins that can also be claimed. The LV Spins are simply Free Spins to play selected games.

Also, the welcome package starts and ends with a bang, as the high match percentages of the 1st and 4th deposit bonuses ensure you get good value for your money.

But relatively low match percentages on the second and third deposit means the bonus received will be lower than the deposit amount. For example:

  • With its 100% match percentage, getting the full first deposit bonus (€200 + 200 LV Spins) requires a €200 deposit
  • With its 50% match percentage, getting the full second deposit bonus (€200 + 200 LV Spins) requires a €400 deposit
  • With its 25% match percentage, getting the full third deposit bonus (€500 + 500 LV Spins) requires a €2,000 deposit
  • With its 200% match percentage, getting the full fourth deposit bonus (€100 + 100 LV Spins) requires a €50 deposit

Thus, to get the full €1,000 + 1,000 LV Spins welcome package, you will need to deposit €2,650 over the first four deposits. In our opinion, many players will be unable or unwilling to make that full €2,000 required to claim the third deposit bonus.

Thus, while the LV Bet Casino welcome bonus is attractive, the full package may be beyond the reach of many players.

Also, we found applicable wagering requirements (WR) a bit on the high side. This means it’ll be relatively difficult to clear bonuses, so as to be allowed withdrawing funds.

For the first, second, and third match bonuses, the WR is “30 x (bonus + deposit)”. The WR of the fourth match bonus is even higher: “35 x (bonus + deposit)”.

Thus, if you claim the full €200 first deposit match bonus before you can withdraw any funds, you must wager a minimum of €12,000 (this is calculated: 30 x €200 + €200). Having to wager €12,000 just to clear a €200 bonus does not make for good reading.

However, the LV Spins that are part of the welcome bonus have a 35x wagering requirement.

That is, winnings obtained from using the Spins are credited as bonus money and must be wagered 35 times before withdrawals can be made.

The maximum bet allowed when wagering to clear a bonus cannot be greater than €5.

2. LV Bet Casino Reload Bonus

Casino bonuses are not for only new players, and LV Bet Casino ensures this with reload bonuses that players who no longer qualify for the welcome bonus can claim. As of writing, the reload bonuses featured are:

Game of the Week Promo

In the month of writing, this promo has a special bonus for players every week. It’s a 25% match bonus up to €100 to enjoy selected games.

As of writing, the LV Game of the Week bonus was available on the amazing “Alchemy Fortunes” slot.

Spin Booster

In the month of writing, LV Bet Casino offered the Spin Booster, which is a chance to get up to 40 Super LV Spins to enjoy some of your favourite games.

Simply deposit using the “SPIN BOOSTER” tab, and you’ll automatically be credited with LV Spins depending on your deposit amount (deposit €10 to €49, get 5 LV Spins; deposit €50 to €99, get 50 LV Spins; deposit €100 to €199, get 15 Super LV Spins; deposit €200 or more, get 40 Super LV Spins).

In the week of writing, the LV Spins are available on the “Rise of Athena” slot to take a step into the world of ancient Greece.

3. LV Bet Casino Loyalty Program

LV Bet Casino has a unique loyalty program where a wheel of fortune can be activated granting access to exclusive rewards which will be automatically credited to your account.

Every time you play slots in LV Bet, you will start to fill the LV Wheel power bar. The more you bet, the quicker the bar fills up.

When the bar is full, you level up and the LV Wheel is activated. You can then spin the wheel to win one of many amazing prizes.

Thus, the loyalty program is both exciting and rewarding. Spinning a lucky wheel to win a prize brings feverish excitement as you do not know what you’ll win.

Interestingly, you won’t spin the LV Wheel and get “Ops, not today” or “try again”; you win with every spin. The rewards include real money, bonus money, LV Points, LV Spins, and Reload Bonus.

Real money is instantly withdrawable, and the bonus money has a 40x wagering requirement. LV Points are redeemable for cash.

A minimum of 200 LV Points is required to convert points to money (and the rate is 100 LV Points = €1). Interestingly, funds exchanged from LV Points have no wagering requirement.

The LV Spins can be thought of as Free Spins. Winnings from LV Spins are added as bonus money and need to be wagered 35 times within 5 days.

Also, the more times you fill the power wheel to level up, the more exciting the LV Wheel becomes with rewards increasing with each spin.

For example level 1 cash money is €1 while level 30 cash money is €3,000; level 1 bonus money is €100 while level 30 bonus money is €300,000; level 1 LV Points is 50, while level 30 LV Points is 150,000; Level 1 LV Spins is 50, while level 30 LV Spins is 300.

4. LV Bet Casino Tournaments

If you like competition, you’ll find tournaments from time to time where you can compete with other players for prizes. As of writing, the tournaments featured were:

Barn to Be Wild

This is a tournament to promote the Piggy Bank Farm Slot game. The tournament has a €300 bonus pot + unlimited LV Spins.

Simply opt-in to the promotion, and spin on the Piggy Bank Farm with a minimum bet of €0.20. Land special features in the slot game to receive tourney points.

The 10 players with the most points at the end of the tournament get to share the prize money (1st – €300 Bonus; 2nd – €150 Bonus; 3rd – €50 Bonus; 4th and 5th – €25 Bonus; 6th to 10th – €10 Bonus). In addition, players will get 10 LV Spins on Piggy Bank Farm for every 300 points collected.

Daily Drops and Wins

This month-long tournament gives players a chance to win a share of a jaw-dropping €250,000 cash pot.

There are 4 weekly tournaments each with a €31,000 prize pool, and each week also features seven days of cash drops where the daily total pool is €4,500 cash.

For the tournaments, simply opt-in, and play qualifying games (with minimum bets of €0.50).

Players with the highest single spin win amounts make it onto the leaderboard; with the top 550 players sharing the €31,000 prize.

The 1st prize is a mammoth €5,000 cash. For the Daily Cash Drops, simply play qualifying games (with minimum bets of €0.50) to trigger random cash prizes.

The daily €4,500 pool is shared in 100 prize drops which range between €10 and €1,000.

LV Bet Sports

The LV Bet Sports is a fine sports betting platform that’ll excite many sports bettors.

1. Sports and Markets

LV Bet Sports has a wide range of sports, ensuring that sports bettors will find action on their favourite sporting events.

As of writing, the sports that the LV Bet sportsbook had odds for were: Football, Tennis, Basketball, Volleyball, Ice Hockey, Table Tennis, Handball, Darts, Snooker, American Football, MMA, and Baseball.

True, this is smaller than the sports coverage of many of the more established sportsbooks; but it covers all the popular sports.

The sportsbook also offers action on e-sports events. As of writing review, you’ll find odds for different Counter-strike: GO, League of Legends (LOL), Dota 2, and Valorant events.

The betting markets are also numerous, especially for popular sports like Football, and Basketball.

With the variety of betting options, many bettors will have no problem arranging their bets.

2. Live Betting

LV Bet Sports has a Live Betting platform that allows for placing bets when games have started.

This gives intense excitement as the odds keep changing to reflect happenings in the game.

The live betting platform covers many popular sporting events and has a good range of betting options to satisfy most bettors.

However, LV Bet Sports does not have a live streaming feature. That is, it does not allow for watching the events live.

This was not altogether surprising as Live Streaming is featured by only well-established sportsbooks.

3. Other Features

One good feature you’ll find in the LV Bet Sportsbook is cash-out. This puts the power in your hand, as you can settle your bets and take-home partial winnings before all the games in your ticket has played out.

This is a fine feature to have if many games on your betting slip have won, but it looks like one or two of the others will lose, and cause you to lose the bet.

LV Bet Payments

1. Depositing

When funding your account, you’ll find joy in LV Bet as it supports a good number of options, has friendly deposit limits, and processes deposit transactions swiftly.

Deposit Method: EPS, Rapid Transfer, Visa and Mastercard, Jeton Wallet, Sofort, Trustly, Interac e-Transfer, Interac Online Pay, Ideal MuchBetter, ecoPayz, Skrill, Skrill 1-Tap, Neteller, Euteller, Paysafecard, Zimpler, and GioPay.

The list of deposit options will satisfy many players; only players in the crypto community will feel hard done by.

You can deposit between €10 and €5,000 into your gaming account. A €10 minimum deposit amount is low and very affordable; so even low-budget players will afford to deposit and play in LV Bet.

Know that, when using Interac, the minimum deposit is 20 CAD.

A maximum deposit amount of €5,000 is also high enough to satisfy high rollers who’ll need to put big sums into their account.

Know that, with some of the deposit options, the maximum deposit amount is lower (e.g. Paysafecard – €1,000; Sofort – €2,000, Interac e-transfer – 3,000CAD, Interac Online Pay – 2,500CAD).

2. Withdrawing

Getting your money is the only thing sweeter than winning, so players should also good withdrawal options, friendly withdrawal limits, and an overall easy withdrawal process.

Withdrawal Options: MasterCard, Visa, EcoPayz, Skrill, Neteller, Trustly, MuchBetter, Interac, Jeton Wallet, and Bank Wire Transfer.

LV Bet does not have a very long list of withdrawal options, but it is a list that will serve members everywhere in getting their winnings from their gaming accounts to their real accounts.

The minimum amount you can withdraw per day is €20. This is also a relatively low amount, so players will not have big winnings in their gaming accounts that they cannot withdraw. The maximum amount that can be withdrawn in a day is €5,000.

This is not the highest, but it is relatively high, allowing for players to completely withdraw big winnings quickly.

Know that progressive jackpot wins can be withdrawn in full.

When it comes to withdrawal speed, LV Bet says it aims to approve all withdrawals within 24 hours from the time of submitting the request.

After the payment is approved and sent, it takes time to be credited to the chosen withdrawal method depending on the method (e-wallet payments are instant, but credit cards and bank transfers will take 3 – 5 working days).

Thus, LV Bet has fast processing of withdrawal requests which make for fast pay-outs. However, it should be said that these fast pay-out times are for verified accounts. If your account is unverified, you’ll have to submit documentation for verification.

You’ll find many players of LV Bet complaining about this process, especially in the popular customers’ review platform – Trustpilot.

The main complaints are: not requesting all documentation at once (making the process taking long), and not accepting submitted documents (making withdrawal requests to remain pending for long).

That said; ensure to get the verification process off the way by submitting the necessary documentation. This is so that you’ll not be frustrated by the verification when you have winnings and submit a withdrawal request.

Another thing to know is that in LV Bet, only 1 withdrawal per week is free. Worse still, the fee charged for every withdrawal, after the first one, is relatively high – €5.

Customer Support Service

If you have any questions, LV Bet has a fine FAQ page that has answers to many popular questions.

The different sections of the FAQ are: Registration, My Account, Bonuses, Financial, Deposits, Withdrawals, Technical, Security, and Casino.

If the FAQ does not answer your question, LV Bet has a customer support team that you can reach out to.

LV Bet supports the full gamut of contact channels – online contact form, email, live chat, and telephone.

The contact form is accessible from the “Support” page; the email address to send enquiries is support@lvbet.com; the Live Chat platform can be launched by clicking the message icon on the different pages of the website or from the support page, and the telephone number to call for help is +356 27 780 032.

The service is not available 24/7. The email service and Live Chat are available to respond from 8 A.M. to 11:00 P.M. (CET), every day (available in English, German, Polish).

The telephone service (which is available in only English) is live from 10 A.M – 8 P.M. (CET), every day.

However, one good thing is that LV Bet support service answers support submissions very quickly. Also, the support agents are always very professional.

Who can play in LV Bet?

LV Bet does not accept players from every part of the world. Like all legit gaming websites that we know, there is a list of restricted countries.

Players from restricted countries or any of their overseas territories are not allowed to register and play real money games in the casino.

These countries include Belgium, Denmark, Estonia, France, Hong Kong, Iran, Iraq, Israel, Italy, Lithuania, Poland, Romania, Spain, Turkey, and United States.

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Pros

  • A 2-in-1 gaming website that offers online casino gaming and sports betting
  • It is well-regulated (has an operating license from the Malta Gaming Authority)
  • Keeps users’ data safe using SSL technology
  • The online casino is powered by multiple software providers that include some of the best game developers
  • The online casino offers over 2,000 games that includes Slots, table games, video pokers, and live casino games
  • Has a fine jackpot selection that includes some of the biggest progressive jackpot games in the industry
  • Has a fine casino welcome bonus that is up to €1,000 + up to 1,000 LV Spins
  • Has a unique loyalty program where you get opportunities to spin a lucky wheel for rewards
  • The minimum deposit amount is low (€10), so even low-budget players can afford to deposit
  • The minimum withdrawal amount is low (€20), so players can easily have a balance that is withdrawable
  • Withdrawals are processed within 24 hours, slowing for fast pay-outs
  • Support different contact methods for getting help (contact form, email, live chat, and telephone)

Cons

  • The collection of table games is relatively small
  • The casino games do not have feature the demo mode for free gaming
  • The casino welcome bonus is subject to a relatively high wagering requirement (30x D+B for some part and 35x D+B for other parts of the package)
  • We did not find a sports welcome bonus
  • The LV Bet Sporstbook does not offer live streaming
  • Does not support crypto currencies
  • Customer support is not available for 24/ 7

Conclusions

LV Bet is a 2-in-1 gaming website where players can enjoy online casino gaming and sports betting.

The gaming site promises customer satisfaction, and it offers relatively solid gambling products that guarantee gambling entertainment as well as fine services that ensure an enjoyable gambling experience.

For example, the LV Bet Casino is a big multi-software online casino with 2,000 games covering the popular gaming genre.

There are also fine casino bonuses to give you free ging with winning opportunities. The LV Bet Sportsbook has a good range of sports and betting options.

There’s also live betting, so you’re not limited to pre-match bets, and there’s a cash-out feature, so you can settle your bets early.

LV Bet offers numerous banking methods for fee-free and fast depositing; withdrawing is also fast and powered by a couple of good banking options.

Should you need help, you can count on a very professional and responsive support team.

The cons section below shows that LV Bet does not manage to tick every box. However, on the whole, it is a fine gambling website.

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