LeoVegas

LeoVegas Overview from Match.Center Team

LeoVegas is a bookmaker with promising potential and a unique approach to betting offerings. They emphasize game diversity but lack perks like regular bonuses. LeoVegas provides a decent range of markets including statistical ones for football matches but does not broadcast games. The biggest disappointment is the margin, which, for some unclear reason, reaches sky-high levels everywhere except for top-tier football. Overall, it’s more accurate to call this site a casino rather than a bookmaker. Betting seems to be a side project for a company.

LeoVegas provides a sports betting section with 40 sports and 650 football markets. New customers get an attractive welcome bonus but must use it on accumulators with three or more selections, making winning more challenging.

Existing customers enjoy odds boosts for accumulators and free entry prediction tournaments. LeoVegas boasts a diverse range of payment methods, including e-wallets, cards, and bank transfers.

However, the website design is unconventional and challenging to navigate. High margins, rarely below 7%, are another drawback. Live streaming options are limited, primarily featuring horse racing and some niche events.

Horse racing options are minimal, with rare Each Way bet opportunities. Specialized features for horse racing punters are missing.

Both iOS and Android users can bet with LeoVegas’ mobile apps, making it convenient to bet on the go.

LeoVegas Basic Facts

LeoVegas Pros & Cons

LeoVegas Review

LeoVegas, a well-known name in the world of online gambling, presents a sports betting platform that caters to a wide range of punters. With a selection of 40 sports and 600+ football markets, the bookmaker ensures that bettors have plenty of options to explore.

We studied the LeoVegas service inside out, using nine key criteria by which we assess all bookmakers. You can read about how we do this on a dedicated page “How we evaluate”.

For new customers, LeoVegas presents an enticing welcome bonus. However, there’s a catch – the free bets can only be placed on accumulators with three or more selections. This requirement makes winning harder than usual.

Existing customers, on the other hand, might find the offerings somewhat limited. The primary perks for them include odds boosts for accumulators and participation in prediction tournaments, which are free to enter. Two bonuses are certainly not a lavish Christmas extravaganza when it comes to gifts, so, in this category, LeoVegas earned just 3 out of 10 points from our team. Nevertheless, it’s still a result. What’s yours is yours, Simba.

LeoVegas impresses with their diverse range of payment methods, offering a total of nine options, including e-wallets, cards, bank transfers, and prepaid cards, providing flexibility for depositing and withdrawing funds. Payment methods are one of the most notable advantages of the bookmaker when it comes to distinguishing factors. We rate the variety of payment options at 7 out of 10 points.

Despite their strengths, LeoVegas does have a few notable drawbacks. The website design is unconventional and can be challenging to navigate, making it sometimes difficult to find specific bets. Another downside is the bookmaker’s high margin. Even on major football events, the margin rarely dips below 5%, which is relatively high. For the lower tier of football events, including the Irish league, the margin can exceed 9%. Similar margin levels apply to other sports like tennis and cricket, where it’s uncommon to find margins lower than 8%.

Furthermore, LeoVegas lacks comprehensive live streaming options. The platform primarily offers live streams for horse racing and occasional niche events like esports.

Continuing with horse racing, LeoVegas options for it are very limited. Races that allow Each Way bets are so rare that they are marked with a specific symbol in the lineup. Beyond selecting winners, there are no other bet types available, and features like Best Odds Guaranteed or other specialized options for horse backers are absent.

It’s worth noting that LeoVegas provides both iOS and Android users with a dedicated mobile app for sports betting, ensuring a convenient and flexible play on the go.

The total rating for LeoVegas from our experts is 6.3.

LeoVegas Screenshots

LeoVegas Home Page

LeoVegas football markets

LeoVegas Live section

LeoVegas Free Bets & Promotions

LeoVegas Sign Up Offer

How to Claim:

1. Click the “Play now” button located in the top right corner of the LeoVegas main page.
2. During the registration process, choose the “Sport Welcome Bonus” option, which entitles you to 3 Free Bets of €10 each.
3. Activate the bonus by depositing a minimum of €20 into your LeoVegas account.
4. Place a bet or an Acca with a minimum stake of €10 on any sports event, ensuring the odds are at least 1/2 (1.5) for each outcome.
5. After your initial qualifying bet is settled, LeoVegas will credit your account with four €10 Free Bets.
6. Navigate to the ‘Bonuses’ section within your LeoVegas account to accept and use the Free Bets.

Get Bonus

Bonus Terms and Conditions:

• Eligibility requires a minimum €10 bet with odds of 1/2 (1.5).
• Qualifying bet must be placed within 7 days of the first deposit.
• Voided, cashed out, or system bets do not qualify.
• No wagering requirements for Free Bet winnings.
• Bonus valid for 7 days from account opening.
• Free Bets usable on mobile/app for combination bets only, with 1/2 (1.5) odds per selection.
• Free Bets must be used in full.
• Deposits via Skrill/Neteller not eligible.
• Cannot be combined with other Free Bet or Profit Boost offers.

LeoVegas Existing Customer Promotions

LeoVegas does a good job of rewarding regular casino customers (stands for Vegas!), but they tend to overlook sports betting fans. Currently, the bookmaker offers only two promotions for punters: tournaments and accumulator boosts.

LeoVegas Odds

The Match.Center team analyzed LeoVegas’ odds and discovered that the margins are usually high for everything but top football. And that mean that odds are low.

Football. Spanish La Liga. Sevilla vs Almeria (26.09.2023):

• 1×2 odds: 1.58 – 4.10 – 5.40. The margin is 5.84% (middle-high).
• Over/under 2.5 goals odds: 1.65 – 2.12. The margin is 7.21% (high).

Tennis. ATP Zhuhai. Karen Khachanov vs Yoshihito Nishioka (26.09.2023):

• Winner odds: 1.49 – 2.40. The Margin is 8.07% (high)
• Over/under (22.5) odds: 1.77 – 1.89. The margin is 8.60% (high)

Cricket. ODI Series. England vs Ireland (26.09.2023):

• Winner odds: 1.12 – 5.25. The margin is 7.69% (high).
• Run outs over/under (0.5) odds: 1.74 – 1.85. The margin is 10.33% (high).

What to Know about LeoVegas

The LeoVegas symbol, the lion, sports a majestic beard because the company is Swedish. Below are some more facts about the history and features of the bookmaker.

LeoVegas History

LeoVegas, founded in 2011 by Gustaf Hagman and Robin Ramm-Ericson, has grown rapidly thanks to their mobile-first approach. The company went public in 2016, with impressive revenue growth. They ventured into sports betting in 2016, acquired licenses in Denmark and Italy, and expanded further with acquisitions, including Royal Panda and GameGrounds United. LeoVegas also obtained licenses in Germany and Sweden, solidifying their presence in regulated markets. In 2021, they acquired Expekt and joined The Netherlands Online Gambling Association. In 2022, LeoVegas agreed to be acquired by MGM Resorts International in a significant deal. In Ireland, LeoVegas obtained their first license in 2017.

LeoVegas Betting Key Features

LeoVegas provides a few classic bookie features: Cash Out, Live Betting, and Live Streaming.

In such a large and competitive market as Ireland in 2023, we expected more. Cash Out is commonplace today. In addition to this, many bookmakers offer Bet Builder, Request-a-bet, and, of course, what would Albion be without Best Odds Guaranteed for horse racing. Unfortunately, LeoVegas has opted for the most basic set of features for now.

• Cash Out: Cash Out lets you control your bets by settling them before the event finishes. You can also use partial cash out (withdrawing a portion of your bet while leaving the rest in play) and automatic cash out (setting up a payout when a specific condition is met, e.g., as soon as your team leads 1-0).
• Live Streaming: LeoVegas offers select live streaming, often featuring horses, niche events like esports or fast-paced games. The streaming options are more limited compared to leading competitors in Ireland.

LeoVegas Sports and Markets

LeoVegas looks more than impressive when it comes to the variety of betting options. They offer over 40 sports with a substantial range of outcomes for top matches.

Ireland Favourites

Football. LeoVegas offers betting on football competitions from more than 40 countries, with most of them featuring 2-3 leagues. They also cover international tournaments. The selection of bets for major events has 650 outcomes, including statistical markets like offsides, fouls, and shots on target. The margin for top-tier football is the only decent one in LeoVegas’ entire range.

Tennis. It’s always challenging to say anything exceptional about tennis. Almost all bookmakers offer a very wide range of events: ATP, WTA, Challengers, ITF, with several tournaments in each series. The selection of tennis bets is also typically standard. The most important aspects are live streaming availability and margin. In this regard, LeoVegas doesn’t shine. There are usually no live streams, and the margin is ridiculously high at 7.5 — 8.5% (while an average market rate for tennis of around 5%).

Cricket. In the cricket section, you’ll find several ongoing competitions. For most matches, the betting options are limited to basics like match winner and toss winner. In live betting, there’s a wider selection with around 30 different betting options. The margin for cricket matches starts at 8.5% and can go up to 10%.

Other Sports: LeoVegas’ sportsbook covers all types of sports, including horse racing and greyhound racing, offering the bets you can imagine in the UK and Ireland.

LeoVegas In Play Betting

LeoVegas’ selection of in-play bets is not the worst. For instance, in tennis matches, you can find around 100 live markets. They also provide options for youth football championships and a considerable number of Esports matches. But overall, LeoVegas falls behind industry leaders in terms of both the variety of sports and matches available. Additionally, the majority of games lack live streaming, which can be frustrating for in-play betting fans.

LeoVegas Streaming

Unfortunately, you won’t have the opportunity to watch the vast majority of sports events on the LeoVegas website. Instead of video, in most live events, you will find a diagram that displays the match progress and key statistical indicators. It’s better than nothing, but such an option is now available almost everywhere. Live streaming, on the other hand, remains an option that can set a bookmaker apart from the competitors. Nonetheless, LeoVegas is not such a case. Theoretically, live streams are possible here, but more often than not, they are just embedded Twitch channels with Esports broadcasts. The best feature on LeoVegas in terms of live streaming is horse racing. You can watch more than half of the races, and they are denoted by an icon resembling the YouTube symbol.

LeoVegas Streaming

LeoVegas Payment Methods

On LeоВegas, you can make transactions using the following payment methods:

• VISA/ Mastercard
• Trustly
• Skrill
• Paysafe
• MuchBetter
• PayPal
• Instant Bank Transfer
• Neteller

If you’re withdrawing to a bank account, it may take between 2 to 5 business days for the funds to be deposited. However, if you’re using an e-wallet, the funds can be credited to your account either instantly or within 24 hours.

How to Deposit at LeoVegas

To make a deposit on LeoVegas, follow a few simple steps.

1. Log in to your LeoVegas account using your username and password.
2. On your account dashboard, locate and click on the “Deposit” or “Cashier” section.
3. Choose your preferred payment method, such as a debit card or an e-wallet.
4. Specify the amount you wish to deposit into your LeoVegas account.
5. Review your deposit details for accuracy and confirm the transaction.
6. Your deposit will be processed, and the funds will be added to your account.
7. With your account funded, you’re now ready to enjoy casino games or place sports bets on LeoVegas.

How to Withdraw from LeoVegas

The procedure for withdrawing money from your LeoVegas account is as simple as making a deposit.

1. Log in to your LeoVegas account using your username and password.
2. Find and click on the “Withdraw” section in your account.
3. Select your preferred withdrawal method.
4. Specify the withdrawal amount and confirm it meets any minimum requirements.
5. Review and confirm your withdrawal details. Complete any required security verifications.
6. After processing, check your chosen account to ensure you’ve received your withdrawn funds.

Please remember that only verified users can withdraw funds. Typically, you should use the same method you’ve used for at least one deposit.

LeoVegas App

LeoVegas has mobile applications for both iOS and Android. Here are their key features.

LeoVegas Sign Up Process

Here’s a simplified guide on how to register at LeoVegas:

1. Go to the official LeoVegas website.
2. Find the ‘Play Now’ button on the homepage and click on it.
3. Enter your personal details.
4. Choose a unique username and a strong password for your LeoVegas account.
5. Provide your contact details, such as your email address and mobile number.

The Sign Up button

Registration Step 1

Registration Step 2

Registration Step 3

Verification at LeoVegas

When you sign up at LeoVegas, you may need to go through a verification process. Here’s a simple list of the required documents for verification:

• Identification Document: A valid government-issued ID, such as a passport, driver’s license, or national ID card.
• Proof of Address: A recent utility bill, bank statement, or official document displaying your name and current address.
• Payment Method Verification: Depending on your deposit method, you may need to provide a copy of your card, bank statement, or e-wallet account details.
• Source of Funds: In some cases, you might be asked to provide information about the source of your funds.

How to Bet at LeoVegas

After you have registered and completed the verification process, you can start placing bets and expect to withdraw your winnings if you win. The process of placing a bet at LeoVegas is formally the same as with most other bookmakers, but it may be slightly more challenging here due to the atypical website design. Various promotions are located at the top of the website, and to find the specific sport you’re interested in, you need to scroll down and look at the left-hand panel. By default, you’ll find the Live section there. If you want to place a pre-match bet, you need to switch to the Upcoming section.

From there, it’s business as usual:

1. Choose a Sport: Click on the sport you want to bet on from the available options.
2. Select an Event: Pick the specific match or event you’re interested in.
3. Make Your Selection: Choose the outcome you want to bet on.
4. Set Your Stake: Enter the amount you want to bet.
5. Confirm Your Bet: Review your selection and stake, then click “Place Bet” or a similar button to confirm your wager.

Choose the match

Alternative way to pick a sport

Choose the market

Place a bet

How to Cash Out a Bet at LeoVegas

First and foremost, it’s essential to remember that not all bets have the cash-out option available. The bookmaker makes this decision. Additionally, they can disable the cash-out feature, which may have been previously accessible, at any point during the match.

To cash-out your bet, you will need:

1. Open Your Bet Slip. It should have a special sign next to it, indicating it’s eligible for cash out.
2. Review the Offer. Click on the eligible bet to see how much you can cash out. The amount depends on the current status of the event.
3. Confirm Cash Out. If you’re happy with the offer, hit the “Cash Out” button.
4. Receive Your Winnings. Your cashed-out winnings will be instantly credited to your LeoVegas account.

We also want to remind you that cashing out is never based on your actual chances of winning at the moment. The bookmaker applies an additional margin to this function. Therefore, it’s not advisable to overuse cash-out; in the long run, it’s mathematically disadvantageous.

Leovegas Security

LeoVegas is licensed in Ireland (License Ref. 1012453, issued on July 1, 2021) for compliance with Irish gambling regulations. Your personal information is protected with SSL encryption. LeoVegas promotes responsible gaming with tools like deposit limits and self-exclusion options. Certified RNGs ensure fair outcomes in casino games.

Leo Vegas Customer Support

Before reaching out to customer support, it’s advisable to check the Help Centre as the answer to your question may already be available there.

If you didn’t find it, LeoVegas support operates 24/7. You can reach out to their operators via live chat or email.

Open the hamburger menu

Press the Support button

Press the Contact button for connect with support

LeoVegas Betting Tips & Tricks

As a parting note, here are a couple of tips on how not to go bankrupt while playing on LeoVegas.

Set a reasonable budget

The first rule of a responsible bettor is to only gamble with money you can afford to lose. We hope you’re not one of those people who invest their entire paycheck in NFTs. Similarly, when it comes to betting, be prudent: determine what percentage of your earnings you’re comfortable spending on entertainment and treat that money accordingly. The enjoyment of gaming is much greater when you’re not stressing over the possibility of losing it.

You’ll have to deal with a hefty margin

Unfortunately, LeoVegas has an excessively high margin. Except for top-tier football, it tends to hover around a formidable 8% and higher, which can negate all attempts not to lose. Therefore, exercise caution when assessing events and determining markets that you consider ‘favorable.’ They might be potentially profitable with a standard 5% margin but may not be suitable for a 9% margin.

Rely on your strengths

Don’t try to tackle everything at once. While LeoVegas impresses with their variety of sports, offering around 40 options, it’s not advisable to jump between them, trying to win everywhere. It’s almost certain not to work out. Concentrate the majority of your bets on 1-2 sports that you understand best, and leave the rest for fun bets (which can be smaller in size).

Participate in free promotions

While LeoVegas doesn’t offer a wide range of promotions for existing customers, they can still be useful and don’t require anything special from you.

LeoKing is a free tournament where you can predict the outcomes of several matches and win a cash prize without putting in any of your own money.

Weekly Combo Boost isn’t free, but if you enjoy playing accumulators from time to time, you can claim the bonus card and, if successful, receive an additional percentage to your winnings, ranging from 5% to 50%, depending on the number of selections.

LeoVegas Frequently Asked Questions

Is LeoVegas Trustworthy?

We think so. In addition to being a well-known brand throughout Europe, LeoVegas holds a remote bookmaker’s license in Ireland, granted by the Revenue Commissioners with license reference number 1012453, effective from July 1, 2021. And their initial Irish license Vegas obtained in 2017.

How Do I Get LeoVegas Sign Up Offer?

To claim LeoVegas’ Sports Welcome Bonus, register and select “Sport Welcome Bonus.” Deposit €20, place a minimum €10 bet on a sports event with odds of at least 1/2 (1.5). After the qualifying bet, you’ll receive four €10 Free Bets, which can be accepted and used in your LeoVegas account’s ‘Bonuses’ section.

How To Place A Bet at LeoVegas?

Placing a bet at LeoVegas is slightly more complex than at most bookmakers due to their unique design and navigation. In the left panel, where the default list displays live bets, switch to “Upcoming” (if you want to place a pre-match bet), choose your desired sport from the scrolling horizontal menu, and locate the league and match you’re interested in. From there, it’s straightforward: open the list of available markets and make your prediction.

Does LeoVegas Do Cash Out?

Yes, LeoVegas offers a cash-out option. If it’s available for the match you’ve bet on, you can find a special button on your bet slip to settle the bet prematurely at the price set by the bookmaker. This option is not permanent; the bookmaker may disable the cash-out option at any point during the match.

Is There A LeoVegas app?

Yes, LeoVegas offers mobile applications for both iOS and Android devices. As mentioned earlier, mobile betting and casino gaming are what made this bookmaker globally renowned at a time when not everyone had smartphone apps.