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Winbet Review (2024) – Sports Betting, Pros & Cons, Features and Odds

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Veselin Ignatov
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Veselin Ignatov
Veselin Ignatov

Veselin's primary job is to create unique content, such as reviews and analyses of different bookmakers and other topics...

Rumen Morfov
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Rumen Morfov

Rumen is a specialist in online bookmakers analysis, sports betting, and content management for Nostrabet. With a talent...

Last Updated
28.01.2024
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There are a couple of big gambling websites operating in Bulgaria, and Winbet is among them. I have used all of them, and each one has something to offer, but Winbet is better.

The company has a perfect balance of betting options, features, and bonuses. I know that it is not perfect, but there are many good aspects about it, so allow me to walk you through everything.


Pros and Cons

Here are some of the pluses and minuses I came across while reviewing Winbet:

  • Pros:
  • Excellent sportsbook and casino category
  • Loads of eSports and Virtual sports
  • Plenty of features, many of which are unique
  • Bonuses that change regularly
  • Mobile apps
  • Efficient customer support
  • Cons:
  • The design looks a bit outdated
  • Not so many withdrawal alternaties
  • Lack of variety in terms of responsible gambling options

What is Winbet Best For?

In my humble opinion, Winbet online is ideal for people who like to bet on sports and play casino games from the same platform. Winbet offers both things, among other options, and each of these sections will not disappoint. I will cover each section in-depth in a bit, so keep reading if you want to learn more about them.

However, if you are hoping to find a modern-looking website and app, you might be slightly disappointed as the site’s design is a bit dated compared to some of the new gambling sites.


Sports Betting Coverage

As I mentioned, Winbet supports betting options, which are one of the jewels that this site has to offer. You can find many different sports and events, and the best thing is that you can navigate easily. The design is very player-focused because you can easily switch between sports and events and find what you want.

Winbet sportsbook

In terms of the available sports, I found many different alternatives:

  • Alpine Skiing
  • American Football
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • Floorball
  • Football
  • Golf
  • Handball
  • Ice Hockey
  • MMA
  • Motor Sports
  • Politics
  • Rugby
  • Snooker
  • Tennis
  • Volleyball
  • Baseball
  • eSports
  • Badminton
  • Biathlon
  • Bowls
  • Motorbikes
  • Specials
  • Table Tennis
  • Water Polo
  • Aussie Rules
  • Awards
  • Bandy
  • Entertainment
  • Formula 1
  • GAA Football
  • Gaelic Hurling
  • Lacrosse
  • MotoGP
  • NASCAR
  • TV Shows and Movies
  • Virtual Sports
  • Winter Sports

You can also punt on virtual sports and find special types of bets.

Football

Let’s face it: most sports betting fans love football. I am a huge football fan myself, so I was happy to see Winbet offered me more than enough options to wager on this sport.

The online bookmaker offers every big football league and event in the world. Once you go to the sports section, you can find all the top events, upcoming matches, and different competitions. I even found an “Outrights” section, where I could bet on the winner of different leagues and competitions worldwide.

Regarding the leagues, Winbet allows you to wager on the Premier League, Serie A, La Liga, FA Cup, Bundesliga, and many more.

eSports

I have been in love with eSports since I played my first Counter-Strike match, so I was more than happy with Winbet’s eSports alternatives. If you visit the separate category (yes, Winbet has one), you will find many games, such as:

  • Counter-Strike
  • FIFA
  • Valorant
  • League of Legends
  • Call of Duty
  • Wild Rift
  • AoE2
  • Rainbow Six

Winbet lets you see the number of matches you can wager on for each eSport title. Moreover, once you enter the section, you can see all currently active matches and those that will begin shortly.

Virtual Sports

Those who aren’t fans of real sports and eSports will find something to wager on in the Virtual section. Courtesy of Vermantia and Betradar, clients have access to a lot of V-sports, like:

  • Baseball
  • Horse Racing
  • Tennis
  • Soccer
  • Basketball
  • Greyhound

Something I’ve found while using the Virtual Sports section is that each option consists of several suboptions. Therefore, you will always find something that you can wager on.


Winbet Betting Markets, Odds and Margins

winbet sports betting marketsAmong the key things I wanted to check in my Winbet Bg review were the markets, odds, and margins.

Starting with the first option, every sport I was interested in had enough markets. However, I have noticed that the options with more fans usually will also come with more markets.

Moving to the odds, I took the time to compare what Winbet has in stock with other leading sites, such as Efbet and Betano.

The odds for some sports weren’t that good, but I was surprised that Winbet has better odds for the more popular events. Also, this bookie supports three types of odds – Fractional, Decimal, and American.

In terms of margins, my experience shows me that Winbet uses the same ones as other leading bookies. Of course, there are exceptions because, as I mentioned, some sports have better odds.


Winbet Live Betting

winbet in play sports bettingI know that live betting is something that many of you want to try. Lucky for you, Winbet is one of the best places to do that.

The site’s InPlay category is like no other when you compare it to sports betting companies from the same rank.

As soon as you select it, you can see a list of all popular sports and a number that will show you the active events.

Every live match comes with a graph that includes essential data.

After making a selection, you will also see the different markets. Some are similar to those in the regular category, whereas others are exclusive to the live betting section.

Lastly, I found live streaming for some matches. Unfortunately, this option is not available for everything.


Top Betting Features

Another factor I paid attention to in my Winbet review was the different betting features. Let’s learn more about each one:

  • Bet Builder – Winbet has one of the finest Bet Builders I have seen. You can combine between 2 and 10 markets from the same event.
  • Cash Out – The classic sports betting feature is available on Winbet. I’ve compared the Cash Out amounts of other bookies, and Winbet is usually one step above them.
  • Live Streaming – As I mentioned, the feature is available, but only for some events. This is a department where Winbet could improve.
  • Bet Mentor – An excellent feature for punters who need help deciding which market to punt on. Winbet will find the most suitable option, depending on your budget.
  • Request a Market – A unique feature that allowed me to wager on a market that did not exist.
  • Personal Power Boost – You can get better odds for selected games. Another unique feature not offered elsewhere.

How to place a bet at Winbet

winbet bet slip

To place a bet at Winbet, I did the following:

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  1. The first step was to sign up and log in.
  2. After that, I went to the sports section and browsed what was available.
  3. Once I found a market I was interested in, I added it to my betslip.
  4. Lastly, I entered the bet amount and placed my bet.

Winbet Casino – Top Games and Features

winbet casino mobileAfter reviewing the sportsbook, I made a full Winbet casino overview, and I have much to discuss.

Starting with the fact that Winbet works with a lot of premium casino software suppliers, you can find games from the best in the business. There are many different titles divided into multiple subsections.

I could play slots, table games, bonus jackpots, megaways, and more. Something I’ve noticed with Winbet is that the site has much more subcategories than other popular casinos, such as Efbet. This allows people to find precisely what they want.

Speaking of trying, Winbet also has a Free Play mode that allows you to test the game before spending money.

The Winbet live casino is another category that deserves more attention. Winbet is one of the brands where people can find games with real dealers. There are many different games, such as:

  • Bulgarian Roulette
  • Crazy Time
  • Monopoly Live
  • Snakes & Ladders
  • All Bets Blackjack

A big plus is that you can see the bet limits of almost every live table before you start playing.

Lastly, Winbet also has a separate welcome bonus for the casino section. You can learn more about it in our special Winbet bonus review.


Mobile Gambling Options – Is There a Winbet App?

Winbet mobile sportsbook

I had the chance to use the Winbet app for iOS and Android and the company’s mobile website. After trying both, I can safely say that they have more or less the same features and are worth trying.

You can find the same quality services as the desktop platform in terms of features and options. This includes the full range of sports and casino games, all the features you love, and a wide range of bonuses.

I just want to point out that Winbet’s apps may not be accessible in some jurisdictions. Thankfully, the website is available, so don’t worry.


Winbet Registration Process and Account Verification

Winbet’s standard registration and verification processes differ from those found on other sites. Here is how I signed up:

winbet registration
  1. First, I selected “Sign Up”, located in the top-right corner
  2. After that, I saw a new window and added my gender, date of birth and first/last name.
  3. The next step of the process included my email, citizenship, phone number, UCN/PNF, and currency.
  4. The last step was adding a username, password, and a Winbet promo code. Also, I had to confirm I am at least 18 years of age and tick all of the other boxes.

After completing the process, I received a verification email that I had to click so I could access my account. Once that was taken care of, I decided to complete the verification process. To do that, I selected my account menu, followed by “Verification”.

After that, I had to upload a front and back picture of my ID card. Overall, the process is a lot more simple than I thought, which is a good thing.


Winbet All-Inclusive Welcome Bonus

Winbet welcome sports bonus

Something that I was looking forward to was the Winbet welcome bonus. This interesting Winbet bonus allowed me to receive different types of gifts like free bets and free games. What’s more, the offer allowed users to get a gift for their second and third successful transactions.

After using welcome offers from a couple of gambling sites, I think Winbet’s promotion is more intriguing.

?? Welcome Offerup to 550 BGN + 100 FS
?? Bonus Code
NOSTRABET
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?? Minimum Deposit10 BGN
? Wagering Requirementsx4

Payment Options – Deposits and Withdrawals

Another area where I think Winbet leads the way is the payment solutions. The number of deposit and withdrawal options available on the site is impressive, and so are the conditions.

I’ve prepared a table below with everything you need to know regarding limits, transaction time, and more. I want to say that I never had any difficulties depositing or withdrawing. This is usually not the case when using some of Winbet’s alternatives, so keep that in mind.

Winbet offers pretty fast transactions, and there aren’t any extra fees. I usually choose Skrill as my go-to option, but you can pick any available variations.

Payment MethodDeposit MinimumDeposit MaximumTime for Deposit
Visa LogoVisa€5€30 000Instant
MasterCard LogoMasterCard€5€30 000Instant
Bank Wire Transfer LogoBank Wire Transfer€5€50 0001-10 work days
Skrill LogoSkrill€5€2 500Instant
ApplePay LogoApplePay€5€5 000Instant
ePay.bg LogoePay.bg€5€2 500Instant
EasyPay LogoEasyPay€5€2 500Instant
Cashterminal LogoCashterminal10 BGN5 000 BGNInstant
Fast Pay LogoFast Pay10 BGN5 000 BGN
A1 LogoA110 BGN100 BGNInstant
Vivacom SMS LogoVivacom SMS10 BGN30 BGNInstant
Smart Payments (BG Posts) LogoSmart Payments (BG Posts)10 BGN3000 BGNInstant
Payment MethodWithdrawal MinimumWithdrawal MaximumTime for Withdrawal
Visa LogoVisa€15€40 0001-5 work days
MasterCard LogoMasterCard€15€40 0001-5 work days
Bank Wire Transfer LogoBank Wire Transfer€15€50 0001-5 work days
Skrill LogoSkrill
ApplePay LogoApplePay
ePay.bg LogoePay.bg€15€2 500up to 1 hour
EasyPay LogoEasyPay€15€2 500Instant
Cashterminal LogoCashterminal30 BGN5 000 BGNInstant
Fast Pay LogoFast Pay30 BGN5 000 BGN24 hours
A1 LogoA1
Vivacom SMS LogoVivacom SMS
Smart Payments (BG Posts) LogoSmart Payments (BG Posts)

Even with all of the positives regarding payments at Winbet, I must claim that the withdrawal methods are limited compared to the deposit options.


How Helpful is Winbet Customer Support?

I’ve been testing gambling sites for many years, and I know that the customer support department is where many of them are struggling. I expected to find problems with Winbet as well, but it seems like the brand has done its homework.

The support team is available 24/7, but before accessing it, don’t forget to review the special “Help” section. If you do not find any answers there, use one of the following contact options:


Security and Licensing

It is probably not surprising that Winbet is a secure gambling platform. During my Winbet overview, I found that the company is regulated by the NRA, which is Bulgaria’s gambling regulator. The site is also available in other countries, such as Italy and Romania, meaning it has even more permissions.

Apart from the licenses, I also found many industry-standard security features. Winbet offers encryption tools, an exclusive analysis department that monitors transactions, and a Random Number Generator. The latter is responsible for the fairness of the casino games.


Winbet Responsible Gambling Features

Aside from offering security options, Winbet has some kinds of responsible gambling features. For example, players can check their deposit and withdrawal history. Winbet also offers links to some of the world’s most popular responsible gambling authorities. Considering that 34% of problem gamblers suffer from PTSD and the number of problem gamblers rises, it’s no surprise that the site is committed to offering people help when they need it.

Unfortunately, Winbet has to make improvements in this department, especially regarding the responsible gambling options. While I was analyzing the site, I did not find a lot of the popular features, such as a deposit limit, cool-off, time-out, and more. Sure, you can talk to Bulgaria’s authorities and even request to enter a special register, which will prohibit gambling sites from allowing you to play, but this is not enough in today’s world.


User Experience and Feedback

Considering Winbet has been on the market since 2011, it’s no surprise the company has a solid reputation. Initially only available in Bulgaria, nowadays, you can access the platform in several other countries.

I agree with most users who say that Winbet is easy to use. However, I think the site could use a refreshment because it looks a bit dated, especially compared to some crypto operators.

Users say that Winbet is easy to use and everything is accessible, and I agree. There was no point during my review where I had difficulties finding something.


History and Background of Winbet

As I said, Winbet began operating in 2011 but started as a land-based operator in Bulgaria. Since 2016, Winbet has started its website and operates online. Although brick-and-mortar casinos and sports betting shops have their loyal fans, online betting is way more popular. Winbet acknowledged that, so it also decided to operate online.

Besides being famous for its products and offers, many people know Winbet for its ads. The brand works with popular people in Bulgaria, such as Hristo Stoichkov, one of the best footballers of all time.

Winbet Hristo Stoichkov

Furthermore, Winbet has an active role in football and other sports by sponsoring some teams/players. Nowadays, you can find gambling venues across Bulgaria, but the site mostly focuses on its online services.


Our Verdict and Rating – Why You Should Bet at Winbet

My review proves that Winbet is a gambling website that deserves more attention, especially in Bulgaria. Overall, I think it is better than its competitors because of its services. One of the departments that could use a refreshment is the design, but the beauty is in the eye of the beholder, so you may like it more than I do. The operator may also work on the available withdrawal options and responsible gambling features. My final Winbet rating is 4.5/5.


FAQ

Is Winbet a legal gambling operator?

Yes, Winbet is a legal gambling operator available in several countries.

How long does it take to process withdrawals at Winbet?

Depending on the withdrawal option, the processing can be instant or take up to 5 days.

What types of sports and events can I bet on with Winbet?

You can bet on almost all sports and events worldwide with Winbet.

What is the minimum and maximum bet amount allowed on Winbet?

The minimum bet for sports betting is 0,10 EUR. The maximum bet amount allowed on Winbet depends on what you want to play.

Can I bet on live events with Winbet?

Yes, you can bet on live events with Winbet.

Author
Veselin Ignatov
Veselin IgnatovVeselin's primary job is to create unique content, such as reviews and analyses of different bookmakers and other topics from the iGaming industry.

Expert Reviews

Stella-Jessica Okpala
Stella-Jessica Okpala
Overal Rating:
3.5

A Unique Casino with Limited Worldwide Availability

Winbet is a beautifully designed website that stays true to the basics of what a gaming site should look like. I was impressed by its straight-to-business stance, as it wasted no time introducing the exciting game collection.

Unfortunately, Winbet is a casino focused on Bulgaria and Romania, so I couldn’t explore it as much as I would have loved to. From what I could see, the casino is home to a good selection of games. Winbet has a decent supply of progressive jackpots, which will interest players gunning for a big win. Also, navigation was easy, as I could search for games under categories or through specific game providers.

The casino features several payment options, including Skrill, Neteller, Visa, Paysafecard, and CashPay. However, the CashPay method is available to Romanian players only.

You can dial the mobile number for phone support if you have trouble. In addition, there is an email option if you need a more detailed solution.

Winbet has a sportsbook that looks richer than the casino section. I didn’t give it a try, but I could see that it has a wide coverage and features many betting markets.

  • Pros
  • It has many exciting casino games.
  • There is provision for phone and email customer support service.
  • Gaming runs smoothly on desktop and mobile devices.
  • The site has a good supply of daily promotions.
  • Cons
  • It is not available in many regions worldwide.
Liam Hoofe
Liam Hoofe
Overal Rating:
2.0

A Good Bulgarian Bookmaker But It’s Unavailable in the UK

Winbet is a bookie and casino that is focused on the Bulgarian and Romanian markets, and as such, my experiences with it were limited.

That said, from what I could see, the site is well-established, with over 20 years of experience in its native markets. Its sportsbook had all of the kinds of markets you would expect from it, and its promotions looked healthy, and a simple red and black colour scheme is something that will always get a thumbs up from me.

The casino section is solid, if slightly unspectacular. The likes of Endorphina, who are particularly popular in Eastern Europe, make an appearance, while names like Pragmatic Play and Evolution help to add some big-name credibility.

Despite all this, though, as a UK customer, it has nothing to offer due to it being solely focused on Eastern European markets and having a wide range of geographical restrictions in place.

  • Pros
  • Great bookmaker if you are based in Bulgaria
  • 20+ years of experience
  • Cons
  • Not available for players in the UK
Gary Tomlinson
Gary Tomlinson
Overal Rating:
4.0

A solid bookie with a sound reputation in Bulgaria

It is rare that I am disappointed when I come across a bookie that does not accept UK punters, but that would have to be the case with Winbet.

Established in 2011, Winbet has built up a strong reputation by doing the simple things well, good customer service, an excellent range of betting markets and some pretty decent bonuses.

The sportsbook welcome bonus, in particular, caught my attention, a 200% matched bonus up to 200 BGN which equates to just over £90.

Add a wagering requirement of 6x the bonus into the equation, and I am already working out in my head how much I would be able to make out of this offer if I was allowed to open an account.

Winbet is licensed by the National Revenue Agency of the Republic of Bulgaria, and I have to put my hands up and admit that I have never heard of a licence of this type, but on further investigation, it does look like they are a strict and respected regulator.

  • Pros
  • Excellent reputation
  • Good selection of betting markets
  • Cons
  • Licensed only in a few countries
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