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Melbet Review 2020 – Features, Fees, Pros & Cons Revealed

Launched in 2012, Melbet casino and sports betting platform offers new users a first deposit bonus of up to €1750. On top of that, players can choose from a variety of cryptocurrencies when making a deposit.
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Author: Patrick Webber
Last Updated: 16 September 2020
Melbet Logo
Melbet Logo

Online cryptocurrency betting platforms have been vastly gaining popularity over the past few years. The integration of cryptocurrencies and digital assets into the established online casino sports betting industry changed it drastically for users who want to sport bet with full anonymity and security.

Founded in 2012, Melbet is among the most popular online sports betting sites worldwide. This betting platform not only offers a huge variety of sports events and casino games but also enables users to deposit and withdraw funds using an extensive range of 25 cryptocurrencies.

In this review, we’ll cover everything you need to know about Melbet, including its markets, bonuses and promotions, features, payment methods, desktop and mobile app, regulations, pros and cons, and more.

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    Melbet: Bitcoin Betting Site with Fantastic Bonuses

    Our Rating

    Melbet Logo
    • Huge range of sports markets
    • Top casino games
    • Generous bonuses
    • Accepts crypto payments
    • 24/7 customer support
    Melbet Logo

    What is Melbet?

    MelBet casino is an online sportsbook and casino that offers more than 200 live events and over 1,000 sports events each day to bet on. It is owned by Tutkia Ltd under the registration number HE389219 and is located at Aristofanous, 219, Mauros Court 140, flat/Office 202, Strovolos, 2038, Nicosia, Cyprus. This gambling site holds a license from the Curacao E-gaming authority.

    Melbet was founded in 2012 and since then has gained a firm reputation as one of the most reliable betting platform in the industry. It is a leading betting sports and casino gaming platform as it offers several kinds of lotteries, TV-games, and head-to-heads bets on individual sports. At the time of writing, Melbet is also one of the most visited bitcoin betting sites with 1.87 million visits per month according to SimilarWeb.

    Melbet Homepage

    Melbet Markets

    Melbet has an impressive gaming library that includes betting on a wide range of sports events, live bets on sports, electronic sports (FIFA, Mortal Kombat, eSports Basketball, eSports Ice Hockey, etc), fast games, and casino games (slots, live casino, live slots, TV Games, Bingo, and TOTO). Overall, Melbet Bitcoin casino offers its users more than 1,000 games per day.

    Though Melbet focuses on sports betting, bettors that are looking for casino games will find many opportunities that include:

    • Poker
    • Roulette
    • BlackJack
    • 3D Slots
    • Bingo
    • Toto

    On top of that, users can join daily fast game tournaments on various casino games that include Apple of Fortune, 777, and YAHTZEE.

    Melbet daily tournaments

    Melbet Live Betting

    One of the key points of Melbet is the huge selection of its live in-play betting options. On this sports betting platform, users can choose from thousands of live bets from 106 categories of sports and eSports. Some of the most popular live bets categories on Melbet’s platform include football, tennis, basketball, FIFA, table tennis, PES, baseball, and volleyball.

    Melbet Welcome Bonus

    MelBet offers its players generous welcome bonuses and promotions. You’ll have to navigate a bit on the website to find the best welcome bonus for your needs, but in general, Melbet rewards new customers with up to €1750 for the first deposit, which is one of the highest first deposit bonuses currently offered in the market.

    Essentially, Melbet offers three welcome bonuses promotions:

    Place 10 EUR and Get 30 EUR as a Free Bet

    Once you fully complete your profile, deposit funds, and place a bet on an event with odds of at least 1.50, you will then be entitled to the Free Bet Welcome Bonus. You should keep in mind, however, that you’ll have to place a bet no later than 30 days after you’ve deposited the funds in order to get this bonus.

    Melbet Rocket Launch

    You may also qualify for the Melbet Rocket Launch bonus that enables new users to get up to €1750 for the first five deposits along with 290 wager-free spins.

    First, you’ll be required to create a new account, enter your personal information, and activate your phone number. Then, you’ll need to make a deposit of at least €10. Bear in mind that if opting for this bonus option, not only you’ll get a bonus for the first deposit but also for the first five deposits made on this platform, as you can see in the breakdown below:

    • 50% first deposit bonus up to €350 + 30 FS
    • 75% second deposit bonus up to €350 + 40 FS
    • 100% third deposit bonus up to €350 + 50 FS
    • 150% forth deposit bonus up to €350 + 70 FS
    • 200% fifth deposit bonus up to €350 + 100 FS

    100% Bonus on the 1st Deposit from WBC Champion

    Another bonus offered by Melbet is a 100% sports bonus on your 1st deposit. The minimum deposit required to receive the bonus is 1.5 EUR and the bonus will be automatically credited to your account once you have completed the account registration and deposited funds into your account.

    100% Bonus on the 1st Deposit from WBC Champion

    Melbet Promotions

    Other promotions offered by Melbet include:

    Bonus for 100 Bets – This promotion enables users to get a bonus equal to the average stake of the last 100 bets you placed on the site. In order to get this bonus, a user needs to place 100 bets within 30 days.

    Fast Games Day – This promotion is available every Wednesday and gives users a bonus of up to €100 and 5 free spins of the Lucky Wheel if they play games from the Fast Games section.

    Melbet Loyalty/VIP scheme

    Melbet not only offers a welcome bonus for new customers but also gives loyalty players a variety of rotating promotions. These include:

    Melbet Club Loyalty Program – The Melbet special loyalty program is a highly rewarding promotion for loyal clients as you get rewarded every time you place a bet on the platform. This program covers all single, accumulators, and system bets, including live bets.

    Go for Longer Bonus – Another attractive promotion offered by Melbet is the Go For Longer bonus. In this program, players will be awarded €4–€50 if eligible for the bonus. The Go for Longer promotion is sort of a race that will last 42 days. However, if you choose to stop the race, you can start again at any time.

    VIP Cashback – Melbet also offers a cashback program for active players that keep playing favorite casino games. The cashback is calculated based on all of your bets, regardless of whether you win or lose the bets.

    Daily Drops and Wins – This promotion is available form the 2 July 2020 12:00 GMT – 10 February 2021. Players who join the Daily Drops and Wins promotions get a chance to win cash prizes and bonuses each day of up to €5000.

    Melbet Features

    There are plenty of features offered by Melbet that are specifically tailored for live sports bets and casino gaming. Here are some of the main features that you will find on Mlebet’s platform.

    TV Games

    Melbet offers some of the best online TV Games that bettors can play online. This includes the Lotto Instant Win and the TVBET sections. You will find plenty of online games on the TVBET section such as Backgammon, wheels, poker, war, 21 blackjack, joker, 5Bet, 7Bet, and many more.

    Melbet TV

    A Huge Variety of Sports Events

    Another key point of Melbet is its huge selection of sports events. On its platform, bettors have access to more than 1,000 sporting events every day on a variety of popular sports that include football, tennis, basketball, volleyball, ice hockey, golf, boxing, handball, American football, hockey, baseball, table tennis, biathlon, Aussie rules, cricket, snooker, Formula 1, cycling, ski jumping, curling, floorball, inline hockey, and water polo.

    Crypto-Friendly Platform

    Mlebet cryptoMelbet has embraced cryptocurrencies as a payment tool, allowing users to deposit and withdraw funds via 25 cryptocurrencies. This makes Melbet one of the most diversified online crypto betting sites as it is not only offers users to use bitcoin as a payment method but also some of the most exotic altcoins in the cryptocurrency market.

    Virtual Sports Betting

    As virtual sports betting is gaining more popularity around the world, Melbet also offers users the option to bet on a wide range of virtual sports events. In this section, you’ll find a huge selection of electronic sports events including FIFA, Mortal Kombat, eSports Ice Hockey, eSports Basketball, and many more.

    Melbet Virtual Sports

    Melbet Banking

    It is not a secret that one of the most common usages for digital assets is online sportsbooks and casinos. As such, Melbet aims to become a crypto-friendly betting platform that allows players to use popular digital assets like bitcoin and Ethereum. However, unlike most betting sites in the industry, Melbet offers a variety of payment methods that include 25 cryptocurrencies to choose from and accepts a range of altcoins as payment methods. These include:

      • Bitcoin
      • Dash
      • Zcash
      • Bitcoin Gold
      • Stratis
      • USD Coin
      • Tether
      • OmiseGo
      • BitShares
      • Litecoin
      • Ethereum
      • NEM
      • Verge
  • TRON
  • True USD
  • Bitcoin Cash
  • Basic Attention Token
  • Dogecoin
  • Monero
  • DigiByte
  • QTUM
  • Ripple
  • PAX
  • Chainlink
  • Ethereum Classic
  •  

    Keep in mind that deposits and withdrawals made with cryptocurrencies are being processed immediately.

    On top of that, users have the choice to use the following payment methods:

    Deposits and Withdrawals Payment Methods

    Bank cards: Visa, MasterCard

    e-Wallets: Papara, PerfectMoney, Pay4Fun, QIWI, Sticpay, Skrill, WebMoney, ePay, and UPI.

    Mobile Payments: MTS, Tele2, MegaFon, Siru Mobile, and Beeline.

    Payment Systems: ecoPayz, Payeer.

    *Take note that Melbet does not impose deposit and withdrawal limitations on any of the payment methods. As such, the sports betting site maintains a minimum of 1 EUR for deposits and 1.5 EUR for withdrawals. Further, there are no deposit and withdrawal fees for any payment method you decide to use.

    Melbet User Experience

    Overall, the interface on Melbet’s platform is extremely user friendly and easy to use. You can switch the theme to dark and light, select the language and time zone, as well as adjust the settings (e.g. location of bet flips, select odds format, and quick bet flip). The navigation across the platform is pretty smooth without being affected by the huge volume of live bets and casino games options offered by Melbet.

    Melbet User Experience

    When it comes to the mobile app, it has a great design and functionality so users can make all bets from their smartphone. Further, Melbet allows users to make deposits and withdrawals directly from their phones as well as contact the support team via live chat.

    Melbet Mobile App

    Melbet has a mobile application that is available on both Apple Store and Google Play, so you can also place live bets and track your account on your mobile phone. The mobile app functionality is the same as the desktop version – you will be able to deposits and withdraw funds, place bets, monitor your account, and live chat with the customer support team.

    Melbet Mobile app

    Melbet Regulation

    Malbet operates under a Curacao eGaming license, which means the betting site is regulated by the government of the Caribbean nation.

    In terms of the safety of funds, Melbet has made the necessary steps to ensure all transactions will be performed on a secure platform. As such, it encrypts data by the latest firewall and 128-bit SSL encryption technologies and makes sure all payments are fully secured.

    Melbet Customer Service

    The quality of customer support is often not considered when selecting an online betting site, however, this is one of the most crucial factors to consider. Luckily, Melbet takes seriously its commitment to solving issues of new and existing clients. As such, the sports betting platform offers several ways in which a player can reach Melbet’s support team. This includes an email address, toll-free phone number, submit a ticket form and live chat. Another option to reach a representative of Melbet is via an Order Callback.

    The Melbet support team is available 24 hours a day, seven days a week.

    Melbet Customer Service

    Melbet Pros & Cons

    Pros:

    • Offers a wide range of gaming sports events options
    • Supports 25 cryptocurrencies as a payment method
    • Payments are processed instantly
    • Offers a good range of bonus options for new and existing users
    • A user-friendly interface for desktop and mobile devices
    • Supports 53 languages
    • Offers daily tournaments
    • Customer support is available 24/7
    • Does not charge deposit and withdrawal fees
    • Regulated and authorized betting site platform

    Cons:

    • Does not accept clients from certain countries

    Conclusion

    In summary, Melbet is a great option for those who are looking for a casino and online sports betting platform. This crypto online sports betting site offers an extensive range of live betting options as well as casino games from top providers.  Further, this review reveals that the platform is safe and secure. Melbet also stands out for its particularly user-friendly experience and the range of payment methods that include 25 crypto coins.

    Overall, Melbet is clearly among the top betting sports and casino sites, offering players an excellent all-in-one betting experience.

    Melbet: Bitcoin Betting Site with Fantastic Bonuses

    Our Rating

    Melbet Logo
    • Huge range of sports markets
    • Top casino games
    • Generous bonuses
    • Accepts crypto payments
    • 24/7 customer support
    Melbet Logo

    FAQs

    What is the minimum deposit and withdrawal on Melbet?

    Regardless of the payment method applied, the minimum amount that has to be withdrawn from Melbet is €/$1.50.

    What countries are restricted on Melbet?

    Melbet does not state on its website a list of restricted countries. Its Netent gaming provider, however, is not available in the following countries: Belgium, Bulgaria, Colombia, Croatia, Czech Republic, Denmark, Estonia, France, Italy, Latvia, Lithuania, Mexico, Portugal, Romania, Spain, Sweden, Switzerland, United Kingdom, United States of America.

    What documents are required to open an account?

    In order to verify your account, you'll need to provide legal documents verifying your country of residence and address of residence.

    How can I deposit funds with cryptocurrencies?

    As previously mentioned, Melbet accepts 25 crypto coins as a payment method. This means you can transfer funds via an e-wallet address directly to Melbet's wallet address. Keep in mind that payments are being processed instantly when making a deposit or withdrawal using any digital assets.

    What is Melbet's payout ratio?

    Melbet offers an impressive payout ratio of 97.8%, which is obviously above the average in the sports and online betting industry.

    Remember, all trading carries risk. Past performance is no guarantee of future results.
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    A cryptocurrency and trading writer and editor, I specialise in algorithmic trading. I’ve written about every type of automated trading tools - from cryptocurrency robots, binary option robots, down to robo advisors. My goal is to write honest reviews about automated trading tools in order to help users understand which software are trustworthy and which ones they should stay away from. I am constantly analysing and scrutinising the up and coming trading apps so if you are seeking advice or if you would like me to write a robot review in particular don't hesitate to get in touch – I’m happy to help!