Optibet is a great option for players from in India looking to register with an offshore online bookmaker. You can place bets with this Optibet sports in pre-match, live and ante post markets. The brand is licensed and regulated by the Lotteries and Gambling Supervisory Inspection of Latvia. You can choose from over 20 betting sports, including football, ice hockey, basketball and tennis. Fans of live betting can visit the Optibet sports betting site in-play platform where you have access to an animation of the progress of play and live match data.
Video Review & Tutorials
- Over 20 sports categories.
- Optibet TV live streaming.
- Cash out betting.
- Seven virtual sports.
- Package of loyalty free bets for current players.
- No cricket betting.
Optibet sports betting is a European-facing bookmaker and originally designed for residents of Latvia. It is one of the best former Baltic casino and sports betting sites. The Optibet sports operation has existed since 2013 as a Malta-based company. Residents of India can bet with this bookmaker because it has an offshore licence. This allows for betting from countries where it is illegal to offer online betting from a local provider. Optibet sponsor the Virsliga and has links with other sporting clubs. The operator has partnerships with several leading game providers.
Optibet Betting Offer
‘Sports’ is the first option on the main menu on the Homepage. There is a search facility which allows customers to locate an event. The full sports menu lists sports initially by popularity and then in alphabetical order. Customers with Optibet can select from about 25 sports and the most popular are football, basketball and tennis.
Football is the first option on the sports menu because it attracts more bets than any other sport. The site features betting from about 100 countries and over 200 leagues and competitions. It is a global sport which is reflected in the Optibet football betting service that includes leagues from all the continents. However, the most bet on events are from the main domestic leagues in Europe and the most popular by far is the Premier League in England. The Champions League also generates a great deal of betting interest and the World Cup every four years.
The popularity of basketball in Europe and North America is reflected in the Optibet leagues for the sport. There are most events and market from the main domestic leagues in Europe and the NBA. The Champions League, which is similar to the football competition with the same name, attracts the most bets from customers located in Europe. However, residents of India place more bets on the NBA which is the main professional league in the United States and Canada.
Tennis bettors at the Optibet sports betting site can place wagers on matches from the ATP and WTA tours, Challenger events and International Tennis Federation tournaments. The most bet on markets are the match winner, game and set handicaps and the same totals. Optibet also offers short term tennis markets such as the winner of the next game. Ante post betting is popular on the upcoming Grand Slam tournaments.
In addition to the regular sports, customers with Optibet who live in India can also place wagers on Lotteries, Politics and Esports. The full range of sports includes the four professional sports in North America and other categories that are popular in Europe other than the United Kingdom. The product range includes the mainstream betting sports and others that are more niche.
Optibet Live Betting
The Optibet ‘Live Bets’ is the second option on the homepage main menu. This link takes customer to the main live betting page which displays events by sport. There is live streaming but no animation of the progress of play which is common on other sites. Live bettors can choose from about 10 markets, depending on the sport. Optibet takes down the betting after a key event, such as a goal in football. The updated odds appear after a short delay and live betting continues. The most popular sports for live bets are football, ice hockey and tennis.
Optibet Betting Products
Customers in India can bet with the Optibet traditional European fixed odds bookmaker. The site features odds in pre-match, live and ante post markets. The site shows the most popular bets and the upcoming matches. There is also the cash out option which allows bettors to take the payout before the match ends and any bets expire. The value of the cash out offer depends on the original bet and the betting market when a customer selects this option. The objective is to take advantage of the market moving in line with the bet to claim a profit regardless of the outcome.
Odds Format & Margin
The default odds format with Optibet is decimal but there is no option to display fractional odds. Here is a sample of the margins for some popular bets.
Football Match result after 90 minutes 107.61%
Basketball Match winner 2-way 105.04%
Tennis Match winner 2-way 108.89%
The football margins offer less than average value, the basketball odds are excellent and tennis bettors bet on odds that are above the average.
Optibet Mobile Betting App
There is downloadable Optibet app for Android and iOS devices and the website can be accessed using a mobile device. The app is fully functional but there are no mobile specific promotions for new and existing customers. So, one of the main features of the app is the live bets platform which offers live betting for a number of sports, including football, basketball and tennis.
Optibet Owner & Licenses
Optibet has a site for customers in Latvia but the main operation is licensed and regulated by the Malta Gaming Authority. The site is owned by a company registered in Malta. However, the operation was originally based in Latvia and Optibet is one of the best Baltic sportsbooks.
The customer support centre is open from 14:30 to 6:30 IST. Registered players can contact the company by email, telephone and postal address. There is a Feedback form which allows bettors to send comments about the quality of the service. Customers can access a detailed FAQ section. Optibet has a responsible gambling code and customers can self-exclude.
Optibet allows players to transfer funds by Bank Transfer, registered cards and e-Wallets. Deposits are immediate and free of charge, Withdrawals are subject to standard delays and there may be a fee depending on the provider. Minimum and maximum transfers depend on the customer but the site published the standard limits. Customers generally must withdraw funds using the same method used for the original deposit and ID is often required.