Review

Velobet review for UK players

Register status Assessment in progress

Rating 3.6

out of 5

  • Minimum deposit10€ or equivalent
  • Withdrawal timeWithin three
  • Withdrawal limitsWithdrawal limits 7,500 €/$ per week, 15,000 €/$ per month
  • Maximum payoutCrypto equivalent of 100,000 EUR per single bet or spin
  • Sports welcome offer150% bonus up to 1000 €/$ plus 10 free bets on a first sports bet of 10 €/$ minimum stake
  • Payments
Licence number
OGL/2024/1798/1048 (named on its earlier pages, not on its current pages)
Licence holder
Santeda International B.V. (named on its earlier pages, not on its current pages)
Regulator
Curacao Gaming Authority
Register status
Assessment in progress
Sports welcome offer
150% bonus up to 1000 €/$ plus 10 free bets on a first sports bet of 10 €/$ minimum stake
Key terms
Wagering requirements 15x, expiry 30 days, maximum bet 1000 $
Sports
26, including Soccer, Basketball, Tennis, Ice Hockey, Boxing and MMA
Maximum payout
Crypto equivalent of 100,000 EUR per single bet or spin
Minimum deposit
10€ or equivalent
Withdrawal limits
Withdrawal limits 7,500 €/$ per week, 15,000 €/$ per month
Withdrawal time
Within three (3) banking days
Payment methods
Bank transfer, VISA, MasterCard, BTC, BCH, ETH, LTC, XRP, DASH, XMR, XLM
Currencies
EUR, USD, GBP, BTC, ETH, LTC, XRP, BCH, USDT, XMR, DASH
Support
Live chat and email, 24/7
Rating
3.6 out of 5

Velobet in short

Velobet is a sportsbook with a wide sports list, cash out, a bet builder and a sports welcome offer that includes free bets. Its Curacao licence and operator are covered in the next two sections, and the weak spot is its payout speed and limits. Other Curacao names are listed on Curacao bookmakers A to Z.

Who runs Velobet

Santeda International B.V. operates Velobet. It is a company incorporated under the laws of Curaçao, company number 151296. Only the earlier pages name it: the current pages print no operator and no licence.

The Velobet Curacao licence

A register line matches the licence number and the licensee:

Licence numberLicenseeTypeIssuedExpiresStatus
OGL/2024/1798/1048Santeda International B.V.B2C24-Jun-2524-Dec-25Assessment in progress

The expiry date is already in the past. For the steps to look up any licence yourself, see How to check a Curacao betting licence.

Sports and betting markets

The sports list has 26 entries: Soccer, Basketball, Basketball 3x3, Tennis, Baseball, Ice Hockey, Handball, Formula 1, Formula E, Volleyball, Futsal, Rugby, American Football, Chess, Sumo, Snooker, Swimming, Marathon Swimming, Motorsport, Boxing, Winter Sports, Specials, MMA, Badminton, Bowls and Table Tennis.

Live betting means placing a bet after the event has started. Cash out works on any sporting event, whether prematch, live or virtual sports. A bet builder is offered. The brand also lists virtual sports, e-sports, mini games and a casino.

Sports welcome offer and its terms

The sports welcome offer is a 150% bonus on a first deposit, up to 1000 €/$. On top, 10 free bets come with a first sports bet of at least 10 €/$.

  • Wagering requirements: 15x.
  • Expiry: 30 days.
  • Maximum bet: 1000 $.
  • Outright bets, horse races and dog races are not allowed on the offer.

Two other sports promotions run. The 3 + 1 freebet gives a free bet worth 15% of the average of three consecutive bets, with minimum odds of 1.3 and a top reward of 100 €. A sports leaderboard and a sports marathon race pay prizes every second Friday, with minimum odds of 1.30.

Betting rules and maximum payouts

RuleDetail
Maximum payoutCrypto equivalent of 100,000 EUR (the Maximum Win Limit), covering a single bet or spin, a bonus round or a free spin
Bet builderUp to 10 markets from a single sport

Payments and withdrawals

Payment methods named are bank transfer, VISA, MasterCard and crypto. The crypto coins marked for deposits are BTC, BCH, ETH, LTC, XRP, DASH, XMR and XLM. Bank transfer is marked for withdrawals. The accepted currencies are EUR, USD, GBP, BTC, ETH, LTC, XRP, BCH, USDT, XMR and DASH. The minimum deposit is 10€ or an equivalent amount.

Withdrawals, including bank transfer payouts, are processed within three (3) banking days. The withdrawal limits are 7,500 €/$ per week and 15,000 €/$ per month, unless a promotion's terms say otherwise.

Support and account rules

Support runs by live chat and email, 24/7. Only one account is allowed per person, household or IP address. The minimum age is 18. Users must present certified identification within five (5) days when Velobet asks for it.

Complaints go to the customer service team first and are escalated inside the company if support cannot settle them. After that, a player can turn to an independent body, a gaming authority or the licensing regulator listed on the website.

Our take

A rubber stamp settling a blank slip on a turquoise beach bar counter, its torn foot beside it

Velobet scores 3.6 out of 5. Our team tests bookmakers and checks every fact before a page is published. The rating is the weighted average of the criteria that could be scored, and all six could be scored here. The method is set out in How we rate Curacao bookmakers.

Pros:

  • Payment options including crypto, 4 of 5: cards, bank transfer and a long coin list.
  • Licence status, 4 of 5: a register line matches the licence number.
  • Welcome offer, 4 of 5: a clear rollover and time allowance on the sports offer.
  • Markets and features, 4 of 5: a wide sports list with in-play, cash out and bet builder.
  • Support, 5 of 5: live chat at all hours.

Cons:

  • Payout speed and limits, 2 of 5: a multi-day processing window and caps on withdrawals and payouts.

Safer gambling

Tools on offer: time out periods, self-exclusion periods and account limits. Help links go to GamCare, Gambling Therapy and Gambling Anonymous.

GamStop covers sites licensed in Great Britain, and a Curaçao licence is not one of them. A bookmaker abroad is never a way around a self-exclusion. The National Gambling Helpline is on 0808 8020 133 (England and Scotland), open 24 hours a day. More UK help is on our Responsible gambling for UK players page.

Questions

What is the minimum deposit at Velobet?

10€, or the same amount in another currency.

Is Velobet licensed in Curacao?

A register line matches the licence number, but it shows an assessment still in progress.

What is the Velobet sports welcome offer?

A 150% deposit bonus and 10 free bets after a first sports bet. Read the terms above before you deposit.

How long do Velobet withdrawals take?

Processing takes up to three banking days. The weekly and monthly caps apply on top.

Does GamStop cover Velobet?

No. A Curaçao licence sits outside the GamStop scheme.

If you think we are wrong

Bookmakers change terms, and mistakes happen. When a term changes or a fact here is wrong, our team reads the bookmaker's pages and the register again and corrects the page. How we check is on the How we rate Curacao bookmakers page.

Sources