LottaBet India Review
Lottabet is a brand new operator in the Indian sports betting market, but it’s already getting popular among Indian punters. Lottabet betting platform is owned by Media Entertainment N.V., the company that is registered in Curacao. Media Entertainment N.V. holds a sublicense by Curacao Interactive Licensing N.V. pursuant to Master Gaming License #5536/JAZ as of 2009. However, the Lottabet sportsbook was introduced to Indian punters this year.
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24/7 eMail Live Chat
- Very generous Welcome Bonus
- Fantastic selection of game providers
- 100% bonus up to ₹100,000
- 150% Deposit Bonus up to ₹10,000
- Rollover: 35x
Available sports markets at Lottabet
Even though Lottabet bookmaker is new in the Indian market, it has a rich sports menu. The most popular sports for betting are football and cricket at the moment. Besides them, there are 19 other sports. They include esports, darts, MMA, snooker, basketball, tennis, volleyball, baseball, boxing, and others.
Each section consists of events categorised by the countries they are played in. For football, it is possible to search for matches in the popular league’s section. Popular football leagues this operator offers are Premier League, I-League, UEFA Championship League, UEFA Europa League, Bundesliga, Serie A, La Liga and Ligue 1.
Depending on how popular the match you wish to place your bets on is, you will have different betting options. At the moment, the offer is limited when it comes to the betting markets. If you choose matches from Premier League, for example, you will be able to place bets on:
- Both teams to score.
- Double Chance.
- Odd/Even Total Goals.
- Win/Draw/Win first Half.
- Win/Draw/Win 90 Mins.
If you want to bet on tennis, you will only have three options. Match Winner, Winner first set and Winner second set. For cricket, the only available market is the winner of the event. If you opt for basketball betting, betting markets you can expect are Match Winner and Winner 1st half.
Currently, there are no special bets, and we hope that Lottabet will soon introduce other betting markets like Asian Handicap, First team to score, Over/Under, and Player props.
The minimum stake for wagering is the equivalent of ₹1 in the betting account currency for all events. The maximum wagering stake for each event depends on the event and the sport. Also, the maximum payout for one client per day is equivalent to 100,000 USD.
In-play betting is an important feature of the Lottabet sportsbook. They offer live betting on popular sports such as football, tennis, table tennis, esports and basketball. Usually, It is possible to bet only on the match-winner (3 way). There is also a section of coming events, so you know what you can expect and plan accordingly.
The positive side of live betting is that you can watch the game as it progresses and place bets while being offered higher odds compared to pre-match betting. However, Lottabet In-Play page could be improved and more events could be offered every day. Since they have just appeared in the betting market, there is no doubt it will happen in the near future.
Also, you will have to rely on your streaming channels. Live streaming is not offered on the Lottabet website for now.
Bonuses and Promotions
It is always a good idea to check the operator’s “Promotions” page before you decide to register. That way you’ll know for sure how they treat their new and loyal players and how generous they are. On the Lottabet website, there is more than one active promotion. We will start with their welcome bonus offer.
This is a 100% first deposit bonus of up to ₹10,000. To qualify for it, you must register and deposit ₹1500 or more. Also, you must play through the full amount of the first deposit at least once with odds no less than 1.50 to qualify for the bonus. As far as the wagering requirements are concerned, they include an x6 playthrough requirement in a 60 days period, with bets that have odds of 1.80 or higher.
LottaBet will enhance your chances with Cricket. If you’ve lost a bet on Cricket, you can receive a 50% bonus. To be eligible for this promotion, you have to deposit and place a single pre-match bet with odds of 1.50 or more on any Cricket game. That bet should be settled as lost. The Risk-Free bet amount is equal to 50% of the qualified bet value. The deposit must be a minimum of ₹1500, and only one bonus is available per deposit, per week.
If you bet on popular sports LottaBet will reward you. To qualify for this promotion, you have to place 10 Live Bets on your favourite Football teams or Tennis players. If you do, you could receive a bonus of up to ₹5000. This promotion applies to all available Football matches and all ATP/WTA World Tours games. The odds of each bet must be 2.00 or higher and the bonus amount will be equal to 5% of the total value of all ten qualifying bets.
Monday Sports Cashback
On Mondays and Tuesdays, you can receive a Cashback Bonus of up to ₹50,000 for all deposits made during the previous week. The Cashback will be equal to 10% of the total amount of your deposits. The maximum Cashback amount is ₹50,000 and the minimum Cashback amount is ₹500. Only one Cashback is available per customer, per week. Before you can request a withdrawal you will have to meet wagering requirements of 2x with the minimum odds of 1,80.
As Lottabet still doesn’t have too many betting options, it wasn’t hard to analyze their odds compared to their competition. In popular sports matches, especially football, Lottabet tends to offer slightly higher odds when it comes to betting on the draw or the outsider. Betting on the favourite team/player has slightly lower odds, but this difference is usually not more than 0.02. If you prefer betting on double chance or other popular markets, the situation is pretty much similar. As their client base grows in the future, we expect improvement in the odds as well.
Lottabet bookmaker has a website that is optimised for all mobile devices, no matter the operating system or the size of the screen. Android, iOS and Microsoft users will have no problem accessing the Lottabet website, or navigating through it.
All main functions are incorporated in the mobile version. You will have a chance to register, bet, contact customer support and more, straight from your mobile. At the moment, there is no mobile app, but we expect its launch in the near future.
Design of the Lottabet website
Lottabet’s website is designed so that anyone can find what they are looking for in a matter of seconds. The blue-white theme with orange buttons is transparent and clear, and the main functions of the site are not hard to find.
At the moment of writing, Lottabet doesn’t have any loyalty or VIP program. Since they’ve launched their platform just recently, it is expected that such programs will be developed shortly. Until then, punters can enjoy numerous bonuses and promotions. They include cash backs, bonuses for popular sports, etc.
Does Lottabet have a license?
Lottabet holds a license from a prestigious regulatory body, Curacao E-gaming. Curacao E-Gaming authority thoroughly checks any platform that applies for their license. Bookmakers applicants must provide their users with the safety of their personal details, and fairness of the game. Once this regulatory body ensures that all necessary tests have been successfully passed, they will issue a license to the online bookmaker.
Features that stand out
The main feature on the Lottabet website is pre-match sports betting. Apart from it, this operator has much more to offer. The first feature we would like to single out is the In-play betting option.
In-play betting or Live betting is a page for itself, where punters can enjoy pacing bets while the matches last. Live betting often comes with high odds and better predictability. At the moment, In-Play betting is possible for popular sports like football, tennis, basketball, table tennis and esports.
Another important feature is the 24/7 Customer Support. Lottabet friendly agents are available at any time to answer your questions, solve your problems and take into account your every feedback. You can contact them via live chat or you can send them an e-mail.
Last but not least, the Casino section. Apart from sports betting, players can enjoy numerous casino games, including slots, live games, poker, blackjack, roulette and more. These games come from only the most reputable software providers that guarantee safety and fair play.
Payment options on this betting platform
There is no shortage of payment methods at LottaBet. If you were wondering how to manage payments at this platform, you can get informed below.
How to deposit
Making payments to your LottaBet account couldn’t be easier. Simply go to the deposit section after registration, and choose the payment method that suits you the most. Available payment methods for depositing are:
- NetBanking and Credit Cards (Minimum deposit amount is 10 INR)
- Google Pay/ UPI / INB & Phone Pe (Minimum deposit amount is 200 INR)
- IMPS (Minimum deposit amount is 300 INR)
- PayTM (Minimum deposit amount is 50 INR)
- UPI (Minimum deposit amount is 300 INR)
- Criptopay (Minimum deposit amount is 100 INR)
- CashtoCode eVoucher (Minimum deposit amount is 300 INR)
- AstroPay wallet and card (Minimum deposit amount is 400 INR)
- MiFinity eWallet (Minimum deposit amount is 900 INR)
- eZeeWaller (Minimum deposit amount is 1000 INR)
Your balance will be updated 10 minutes after your transaction is completed.
How to withdraw
When you’ve spent some time at Lottabet and wish to cash out your winnings, you can do so with one of the 5 methods available for withdrawal. They are:
- IMPS (Minimum amount for withdrawal is 1000 INR)
- PayTM (Minimum amount for withdrawal is 1000 INR)
- Bank Transfer (Minimum amount for withdrawal is 1000 INR)
- eZeeWallet (Minimum amount for withdrawal is 700 INR)
- Inpay (Minimum amount for withdrawal is 1000 INR)
Depending on the method of your choice, you will experience different processing times per transaction. The processing time ranges from 10 minutes to 3-4 working days.
Security At Lottabet
Security on this platform is granted by the Curacao E-Gaming Authority and the SSL technology. Lottabet made an effort to incorporate SSL (Secure Socket Layer) technology into their website to prevent misuse of players’ personal information. This bookmaker also passed through assessments by the Curacao E-Gaming Authority, which regulates a big part of the world’s online betting market. After the assessment, this regulatory body issued them a license which proves once more that this is a safe and secure platform for online betting.
How to get in touch with Customer Care
There is a Contact Us section on the Lottabet website that states that their team is committed to providing the best possible betting experience for their players. They encourage punters to send them feedback or to address any question, problem or doubt they may have.
All questions regarding their services will be answered by their highly professional Live Support team. They are available 24/7 and you will receive thoughtful, clear and complete answers without a doubt.
It is possible to get in touch with them via Live Chat or by sending them an e-mail at [email protected]. Their services are available in 9 different languages, and it will be no problem to contact them even in the middle of the night.
Since they are new on the market, they are constantly striving to improve their services, so don’t hesitate to send them any feedback.
Alternative services at this platform
Apart from the sports betting, and in-play betting that is offered on this platform, punters can enjoy numerous casino games in the Casino section.
Their casino lobby is very well-organized and arranged in categories. There are Video Slots, Jackpots, Table Games, Live Casinos, and Popular and New games. It is possible to search for games by their name or by their creator.
Software providers on this platform include big names in the online gambling industry like Evolution Gaming, iSoftbet, Microgaming, NetEnt, Play’n’Go, and others.
Slot games take the biggest part of the casino, and there are hundreds of them. Another popular section is the Live Casino with 60 games at the moment. They include live blackjack, live baccarat, live roulette, and different variations of these games. Live games are being played in real-time via video stream, so you get the chance to interact with professional dealers.
Our final words
After this thorough Lottabet review, we certainly have high hopes for this operator. Lottabet was launched just recently, but it already has a lot to offer to players. Over 20 sports, in-play betting, casino section, 24/7 customer care, and more. Their casino section is something they can also brag about, so we suggest you try it out as well. We think there is also room for improvement in terms of betting markets and available sports. However, we don’t doubt that this is going to happen soon, since this platform has just been launched.
- In-Play Betting
- Several bonuses and promotions
- 24/7 friendly customer care