TonyBet

TonyBet Overview from Our Team

TonyBet Basic Facts

TonyBet Pros & Cons

TonyBet, like any sportsbook, has advantages and disadvantages. Let's face it, there are more of the latter. Our experts at Match.Center looked into it for us. Let's dive in and see what they found.

TonyBet Review

TonyBet is a reliable bookie that offers a quite good range with over 25 sports to bet on. The layout and design of their sports betting site is intuitive, making navigation quick and easy. Their security features are also strong, with 256-bit SSL encryption used for all communication between the customer and the site, ensuring that personal data is protected.

However, TonyBet does fall short in some areas, such as their limited live streaming options. They only offer a few streams for horse racing and greyhounds, which is disappointing for those looking for more variety.

TonyBet has a fairly good selection of deposit methods and withdrawal options: Visa, Mastercard debit cards, PayPal, Skrill, Neteller, Trustly and Credorax available.

One significant downside of TonyBet is their lack of first deposit bonus or Free bet promotions for both new players and existing customers. There is no Welcome bonus, and no ongoing bonuses to reward customer loyalty. And no app for Android or iOS. However, the 24/7 support provided through feedback form, email and live chat is a positive aspect of the bookmaker. Registration is a straightforward process and can be completed in three pages, with all legal information available in the "Policies" section. Navigation on the TonyBet website is also a plus, with a clear layout and easy-to-find options.

Here is a summary of TonyBet's ratings:

TonyBet Screenshots

TonyBet Free Bets & Promotions

You know what's surprising? TonyBet has no sign-up offer for new players. It's a rare and huge disappointment in the world of online betting. Most sports betting sites entice you with a bonus, but TonyBet skips this essential part, leaving bettors with a feeling of missed opportunities.

We should also mention that TonyBet does have one promotion, but it's for their casino players.

TonyBet Sign Up Offer

As we've already mentioned, TonyBet doesn't offer any Free bet or other promotions to new customers, at least not at the moment. We do recall that this bookie used to have a Welcome bonus for new players in the past. Perhaps it might make a comeback in the future.

TonyBet Existing Customer Promotions

With promotions for existing customers, the situation is just as bleak as with the Welcome bonus. In this case, we don't hold out much hope, as promotions for current clients haven't been TonyBet's strong suit in the past either.

TonyBet Odds

TonyBet has a middle-high margin on various sports and events, which can impact the potential returns for bettors. While not being the best on the market, it still provides acceptable odds for bettors to consider.

Here are the margins for some specific matches:

To calculate the margin for a specific match, you can use this formula: 1 - 1 / (1 / odds1 + 1 / odds2 + 1 / odds3)

For example, using the 1x2 odds of the English Premier League football match Aston Villa v Fulham (25.04.2023):

What to Know About TonyBet

In the following chapters, we will tell the story of a sportsbook that could have become a poker platform akin to Full Tilt, as it was acquired by professional poker player Tony G. However, something didn't go according to plan, and now it has transformed into a bookmaker tailored for football fans. Stay tuned as we delve into the intriguing evolution of TonyBet and its key features.

Once upon a time, in 2003, Omnibet launched its first sports betting site. Things were going pretty smooth, but then in 2009, Antanas Guoga, a businessman and politician known as Tony G, stepped in. He bought Omnibet and rebranded it as TonyBet.

Back then, TonyBet was on fire. In 2013, they launched the Open-face Chinese poker network. The company was growing fast, and in 2016, Betsson acquired TonyBet for a cool €6 million. But things changed a bit in 2020, when Betsson decided to remove online poker from TonyBet.

Despite the changes, TonyBet has continued to thrive. Today, it's one of the fastest-growing betting and online gaming companies in the world. With over 150 employees and licenses in the UK, Denmark, Lithuania, and Estonia, TonyBet shows no signs of slowing down.

TonyBet offers a few features, although their number may not be as extensive as those of the leading British betting market players. These features do contribute to the overall betting experience for its users.

One of these features is live streaming, although it is limited to horse and greyhound racing events. Another feature is the time out option, allowing users to take a break from betting when needed. Additionally, TonyBet has a live chat support service to assist customers with any queries or issues they may encounter while using the platform.

TonyBet Sports and Markets

TonyBet has a solid range of sports and betting markets for bettors to choose from. In total, customers can wager on over 20 sports:

Popular sports: football, cricket, tennis, darts, rugby league, rugby union, basketball, American football, baseball, snooker, ice hockey, volleyball, handball, Aussie Rules, martial arts, boxing, golf, motor sports, chess, squash, and cycling.

E-sports: CS:GO, LoL, Dota 2, Starcraft 2, E-football, E-basketball.

Other events: entertainment, politics.

With coverage spanning over 80 countries and over 1000 tournaments, this section is vast. From top European leagues and national team games to championships in Burkina Faso, Uganda, and Gibraltar, there's something for every fan. Prestigious matches can feature more than 1600 markets.

Tennis lovers will find a wide range of tournaments and events on TonyBet, including the ATP Tour, WTA Tour (single and doubles), Grand Slam Futures, ATP Challengers, ITF Men, and ITF Women. Bettors can choose from 60+ markets for their wagers.

There's separate Horse Racing section on the TonyBet sports betting site. The sportsbook caters to horse racing fans with races from the UK, Ireland, Australia, and South Africa. Some of them can be seen live.

TonyBet In Play Betting

TonyBet offers a mediocre selection of markets for live betting, except football. In addition to traditional sports, bettors can find in-play betting opportunities in Esports, Aussie Rules, and other disciplines. TonyBet's live betting interface includes informative graphics and an original display of statistics, providing bettors with real-time data.

TonyBet Streaming

TonyBet provides live streaming services for horse racing and greyhounds. To access the streaming feature, users must be registered on the TonyBet platform. This service offers bettors an immersive experience, allowing them to watch the races unfold in real-time.

TonyBet Payment Methods

TonyBet offers several payment methods for its customers. The available payment options at sportsbook include:

To make a first deposit at TonyBet, follow these simple steps:

The minimum deposit amount at TonyBet is £10.

To make a withdrawal from your personal TonyBet account, follow these steps:

Please note that all funds on your TonyBet account will be credited only to the same method by which the funds were deposited. If you used more than one deposit method, the withdrawals will need to coincide with the deposited amounts from each of the payment methods used. If, for any reason, it is not possible to credit funds to the same method by which the funds were deposited, the щperator may permit payment to another method, provided that you have submitted the required documents for regulatory compliance. TonyBet aims to process withdrawals within 48 hours once your account is fully verified.

TonyBet App

Unfortunately, TonyBet sportsbook does not currently have any dedicated mobile apps available for either Android or iOS, which is a significant downside compared to many other bookmakers in the industry. The lack of TonyBet mobile apps could be a significant disadvantage for many punters who prefer the convenience and speed of using an app to place bets on the go. You can use the mobile version instead.

TonyBet Sign Up Process

Here's a step-by-step guide on how to sign up for TonyBet:

How to Bet at TonyBet

To place pre-match or in-play bets at TonyBet, you need to sign in to your account and follow these simple steps:

How to Cash Out a Bet at TonyBet

TonyBet does not currently offer the Cash Out feature.

TonyBet Security

TonyBet takes the security of its users' personal and financial information seriously by using 256-bit SSL encryption to protect all communication between the user and the site, as well as GoDaddy SSL Certificates to secure their private information. They also have a dedicated fraud team and advanced systems to detect and prevent any suspicious or illegal activities, and any accounts involved in such activity will be suspended and investigated. In case of any doubts about the security of an account, users are encouraged to change their password and contact the TonyBet support service immediately.

TonyBet Customer Support

TonyBet offers 24/7 customer support for all its users, which can be reached via feedback form, email at [email protected] or by clicking on the dedicated "Chat" button on the site. To start a conversation with a support operator, users are required to provide their name and email address. Customers can expect to receive quick and helpful responses from the support team. 

TonyBet Betting Tips and Tricks

Rely on yourself

TonyBet, like a tough father figure, teaches those who can't swim by throwing them into the middle of a river. You won't receive any Welcome bonus offers, nor will you find promotions for existing clients. Additionally, you won't be able to use the Cash Out feature or receive Best Odds Guaranteed if you decide to place bets on horse racing. Your Extra Places will be accounts at other sports betting sites, and only one winning strategy is available here: bet on the winner.

Utilise the Kelly Criterion 

Match.Center experts recommend adopting the Kelly Criterion, a mathematical formula, to calculate optimal bet sizing. This approach maximises long-term growth while minimising risk, ensuring a more calculated betting strategy.

The formula considers the odds of winning, the probability of success, and the bettor's bankroll to calculate the percentage of the bankroll that should be wagered on a particular bet. The Kelly Criterion is expressed as:

Kelly Fraction = (bp - q) / b

where:

By applying the Kelly Criterion, you can optimise your bet sizing to maximise potential returns while minimising the risk of depleting their bankroll. It's important to note that the Kelly Criterion is a long-term strategy, and its effectiveness may not be apparent in the short term.

Some bettors prefer to use a fraction of the Kelly Criterion (e.g., half-Kelly or quarter-Kelly) to reduce the risk even further while maintaining some of the benefits of the original approach. This adjusted method still aims to increase the bankroll over time but does so at a slower, more conservative pace.

Avoid betting under stress 

It is essential to stay calm and composed when placing bets. Stress can impair decision-making abilities, leading to poor choices and potential losses. The Match.Center team advises bettors to assess their emotional state before engaging in betting activities.

Bet only what you can afford to lose 

Responsible betting entails wagering only the money one is prepared to lose. This approach prevents financial difficulties and helps maintain a healthy relationship with gambling.

Use the Time Out feature to avoid excessive play 

Match.Center experts encourage bettors to utilise the Time Out function available on many betting platforms including TonyBet. This tool helps maintain control over gambling habits, allowing users to take a break when necessary and promoting responsible gambling practices.

Pay attention to statistics markets

Especially in football. At TonyBet UK, you will find not only standard bets on wins, totals, and handicaps in the line-up, but also on yellow cards and corners. However, it's worth noting that the margin on statistics markets is typically higher than on 1X2. 

TonyBet Frequently Asked Questions