Powbet Review

100% up to $150 welcome bonus
  • Virtual Sport Offerings
  • Cryptocurrency Betting
  • Sports Betting Tournaments
  • Full and Partial Cash Out
  • American Football
  • Ice Hockey
    Ice Hockey
  • Basketball
  • Soccer
  • Horse Racing
    Horse Racing
  • Tennis
  • Great Promotions
  • Appealing Website with Graphics
  • Player Props and Great Markets
  • Mediocre Welcome Bonus
  • No Dedicated Mobile App

Powbet Review

By:Cameron Kozinets

In this Powbet Canada review, let’s get into the nitty-gritty of this rising operator. This Powbet betting review will encompass all aspects of this sportsbook and casino. We’ll be looking at everything from their sports betting bonuses to their mobile betting apps (or lack thereof). We will try and review this operator in as unbiased and informative a way as possible. Ultimately, our goal is to help you decide whether Powbet is one of the Canadian sports betting sites worth engaging with. Ready? Let’s go!

Powbet full review

Powbet is a brand new operator that has only hit the market in 2021. It has a lot of fun features and great opportunities for Canadian bettors. In this Powbet review, I will try to unbiasedly break down what this sportsbook has to offer. What I like in a sportsbook may not be what you like, but I will try and provide as much info as possible.

Let’s start with the Welcome Package. Unfortunately, this is an area that Powbet falls a little short. Their bonus doesn’t offer much money, and the terms and conditions are restrictive, so you won’t get much out of it. However, their other bonuses make up for it. They have a huge number of great bonuses that set them apart.

Their sports coverage and markets are top-notch. They cover a massive variety of different games and leagues, from popular ones to obscure ones. They have great options for markets. They have a ton of game props and player props for all of the primary leagues.

Banking with Powbet is easy and fast. They have a large variety of great options, from Interac and Debit to e-wallets and cryptocurrency. They are one of only a few operators to provide crypto deposits and withdrawals. They are also well-known for their quick payout speeds.

The customer support options at Powbet are rock solid. They have an FAQ page, which is a solid first option, and it encompasses a variety of topics. They have an email line for someone that is patient with their problem. The LiveChat feature is quick and effective and is, in my opinion, the best option.

The mobile options are not the strongest with Powbet. They don’t have a mobile app, which would really push them over the edge. They do have a mobile-optimized website which is fun and a great way to take your betting on the go.

Overall, I really liked my experience with Powbet. They are a sportsbook with a lot to offer. Their features are dynamic and fun and will keep bettors engaged. Their website looks great and functions well, and they rise above the pack in markets, coverage, and promotional offerings.

Powbet Scores

Bonuses & Offers: ⭐⭐⭐⭐⭐

While their welcome bonus isn’t great, the other promotions on Powbet more than make up for it.

Betting Variety: ⭐⭐⭐⭐⭐

Powbet provides great coverage of a huge number of sports and very solid markets within each one.

Banking Options: ⭐⭐⭐⭐⭐

Powbet has several top-notch banking options available. Customers can use the standard debit/Interac options, crypto, and much more.

Mobile experience: ⭐⭐⭐⭐

Powbet doesn’t provide a dedicated mobile app to its users. They do have a solid mobile-optimized website, though.

Payout Speed: ⭐⭐⭐⭐

Powbet has had some complaints about payouts, but for the most part, it is quick and effective. They’re roughly average in this department.

Security: ⭐⭐⭐⭐⭐

Powbet is known for having solid security. They are licensed and regulated and can be fully trusted by consumers.

Software & Games: ⭐⭐⭐⭐⭐

Powbet has an extensive casino as well as a great sportsbook. They have games from top providers.

Betting Experience: ⭐⭐⭐⭐⭐

I love the layout and look of Powbet. It is fun and unique, and the betting experience on this site is top-notch.

Customer Support: ⭐⭐⭐⭐

Powbet has solid customer support offerings. They have a LiveChat and Email line, although a phone line would help for sure.

100% up to $150 welcome bonus

Powbet’s Welcome Package 🎁

The Powbet sportsbook is one of many that offers a Welcome Package to its users. A Welcome Package is an offering that sportsbooks provide for their users that rewards them for signing up and depositing with them. It typically comes in the form of a matched deposit or free bets, but the general gist is that it incentivizes users to create a Powbet login and make an initial deposit.

The Powbet bonus is mostly unexceptional, in my opinion. Many of their contemporaries offer massive welcome packages with huge potential payouts, but that isn’t quite the case here. The terms and conditions of this bonus are also quite restrictive and really don’t give bettors much of a chance of seeing value from this bonus.

Let’s take a look at the Powbet Welcome Package.

Powbet’s Welcome Bonus

100% Matched Deposit Up to $150

How to claim Powbet’s Welcome Bonus

  • Step One: Register with Powbet and Create an Account
  • Step Two: Make an Initial Deposit of at least $30
  • Step Three: Play Through the Full Amount of the First Deposit to Receive the Bonus
  • Step Four: You’ll Then Receive the Bonus. Meet the Wagering and Rollover Requirements to be Eligible for Withdrawal.

Powbet’s Welcome Bonus Terms and Conditions

Before you ever sign up with an operator, it is important you check their terms and conditions. This will give you an improved insight into what it is they are actually offering their users. Many will hide difficult terms that limit the impact of the bonus.

Powbet’s terms and conditions for this bonus are quite restrictive. They hinder the potential upside for users rather significantly. Let’s look at some of the terms and conditions of this bonus.

  • Minimum Matched Deposit of $30, Maximum Matched Deposit of $150
  • Must Play Through Qualifying Deposit with odds of 1.5 or greater for to Receive Bonus
  • Skrill and Neteller Deposits Aren’t Eligible for Bonus
  • Rollover Requirement is 6x the amount of the Qualifying Deposit and Bonus on Single Bets with Odds of at least 2.0 or Multi-Bets with Odds of at least 1.5 per selection
  • Over/Under Bets, Odd/Even, Cashed Out Bets are Ineligible
  • Wagering Requirements Must Be Met Within 30 Days

Casino Welcome Bonus

100% Matched Deposit Up to $750 and 200 Free Spins

Powbet Live Banking

We’ve told you a little about Powbet and why you might want to do join them. In order to do that, you’re going to have to make a deposit and hopefully a withdrawal with them. This is where many bettors feel antsy, as banking with a new operator can feel a little scary. But we can vouch for Powbet as a trustworthy sportsbook to bank with; you can check the Powbet customer reviews online to see for yourself.

Powbet offers a huge variety of payment options, including Interac, cryptocurrency, debit cards, and e-wallets. To get my account stocked for some Powbet betting, I used Interac. I made an initial deposit of $10, which is the minimum amount. The deposit instantly hit my account, and I was off to the races.

Withdrawals are a little more complex and require more information. However, the payout speeds are touted around the industry, especially for crypto and e-wallets, which have near-instant transactions. With Interac or debit, it takes several business days.

Overall, I found the Powbet banking process pleasant, easy, and unexpectedly fast. They also have great payment options.

Powbet’s best Sports Features

One of the defining aspects of a sportsbook is the features they offer. These are the unique offerings that they provide, the ways to bet or use their website that set them apart. Each operator will have different features. Powbet is a feature-heavy website with a lot of great options. Let’s look at some of the different ones available.

Powbet’s Cryptocurrency Betting

Crypto is one of the major trends on the internet today, a serious investment and form of currency that many are into. Powbet is one of the few operators that now allow its users to place deposits and withdrawals with this form of virtual currency.

Powbet’s Cash Out/Partial Cash Out

Powbet is a hub for live betting, and something that is critical to live betting is the ability to Cash Out, or Partial Cash Out, of a bet. This feature lets users exit a bet before the game/bet has finished. Depending on the standing of the bet, bettors can cash out at a win or a loss.

Powbet’s Virtuals Section

Virtuals are a feature that allows users to bet on completely simulated, computer-generated games that are randomized. Bettors can watch these games and place live bets as they happen. Virtuals is a section that is fun for bettors who aren’t in any of the sporting events on at that time, and they provide a similar thrill.

Powbet’s Sports Betting Tournaments

The Powbet Sports Betting Tournaments are weekly or monthly tournaments that occur on the website. They allow users to get points for placing bets on certain leagues, with each bet giving them points. Whoever has the most points at the end of the allotted period can win some huge cash prizes.

100% up to $150 welcome bonus

Powbet’s Sports Coverage

The reason many of us love sports betting is that we love sports. Sports betting allows you to capitalize off your love and knowledge of the game. But in order for an operator to be the right fit for you, they have to offer coverage of the sports you enjoy. If you think you have the best sports betting picks and head to your favourite operator, and they don’t have the sport you are looking for, then you’ll be gravely disappointed.

Powbet has extensive coverage. They offer markets and odds on just about every major league and sport that a Canadian would be looking for. They have niche sports, like Kabaddi, Bandy, and Biathlons, as well as widely-sought after sports like Golf, Tennis, Basketball, and Football.

Let’s look at some of the sports and leagues you can expect to find available on Powbet.

Powbet’s Baseball ⚾

Baseball is loved across North America, and if you’re looking to make some MLB picks and parlays, you’ve come to the right place. Powbet has a ton of markets available for the MLB and covers the Mexican league as well.

Powbet’s Basketball 🏀

Basketball is a global game, and Powbet offers global coverage of this sport. Think you’ve got the best NBA picks today? Head to Powbet’s NBA section and enjoy their wide variety of markets. Other international leagues more your speed? Powbet covers a huge number of leagues all around the world.

Powbet’s Football ⚽

Football is one of the most wildly popular games on the continent, attracting huge bettor action and interest from Week 1 of the NFL season to the Super Bowl. Powbet has coverage of the NCAA, NFL, and CFL, offering truly extensive coverage of this major sport.

Powbet’s Hockey 🏒

Hockey is Canada’s game, and no sportsbook is complete without covering this treasured sport. You can head to Powbet to make your NHL best bets, with several great markets and coverage available. They also cover leagues all around the world, including International leagues and European leagues.

Powbet’s Soccer 🏈

From MLS picks and parlays to EPL picks, you can find it all on Powbet. Soccer is the world’s most popular sport, and if you want to cater to the global audience the sport has, you must provide significant coverage. Powbet does this in spades, with odds on leagues in Europe, North and South America, and Africa.

Powbet’s Betting Markets & Types of Bets Available

We’ve taken note of the different sports and leagues you can expect to find on Powbet, but what about the types of bets and betting markets? Betting markets and types of bets are the different things you bet on within a game. While the sports and leagues are the centers of the action, the markets and types of bets are the various circumstances bettors are putting money on. Let’s look at the markets available with Powbet.

H3: Powbet’s Betting Markets:

  • Moneyline: A Moneyline bet is a bet on the direct outcome of a game, whether a team will win or lose. If you bet a team on the Moneyline, you’ve picked them to win.
  • Point Spread: A Point Spread bet is a bet on the line oddsmakers create that they believe will be the score differential for the game. Bettors can bet for or against the spread, meaning they are betting on the favoured team to either surpass that differential or not surpass it.
  • Totals: A Total bet is a bet on a line that is the projected combined number of points/goals by both teams. Bettors can either bet the over or the under on this line, meaning the teams will surpass it or score less.
  • Futures: Futures bets are bet on long-term things, like whether a team will win the World Series, whether an NFL team will win their division, and so on.
  • Game Props: Game Props are bets on things within the game that may not determine the outcome. It can be something like the number of three-pointers between two teams, the total number of penalties, and so on.
  • Player Props: Player Props are like Game Props, as they are markets within the game. But Player Props are focused on individuals rather than teams or overall games. It can be something like whether Cristiano Ronaldo will score in a game, how many assists LeBron James will have, and so on.

Powbet’s Types of Bets Available

  • Live Betting: Live Betting is betting on games that are already underway. The odds change as the results of the game occur, so if a team goes down, their odds will worsen.
  • Parlays: Parlays are multiple bets that are tied under the umbrella of one. The odds improve more than if you bet on each bet individually, but each part of the bet needs to hit in order for the parlay to succeed.

Powbet’s Mobile Apps

Everyone loves betting, but you can really take it up a notch if you bet on the go. Most sportsbooks have options to allow users to take the desktop experience with them and place bets from wherever they are.

There is no Powbet app that allows users to download and play Powbet on the phone. A Powbet mobile app would be an addition that many people would enjoy, and the lack of an app does hold back their mobile experience slightly.

Luckily, they do have a mobile-optimized website. This takes the desktop experience to the more condensed screen of the phone. It works effectively on the phone, allowing you to place bets just by tapping on your screen. The mobile-optimized site provides a great version of Powbet specifically for smartphones, and it is a rock-solid option.

Powbet’s mobile experience is good but could be great with the addition of a dedicated mobile app.

Mobile app’s promotions

Because Powbet doesn’t have a mobile app, there are no promotions specifically for mobile users. They do allow you to access all the great Powbet features from your phone.

Security, License, regulations

We’ve told you about Powbet, and you’re probably feeling ready to get going. But before you do, there are three questions you should ask yourself. Is Powbet safe? Is Powbet legit? And is Powbet legal in Canada?

Luckily for sports bettors around the country, the answer to this question is a confident yes. Powbet only launched in 2021, so it is natural to be concerned about security. But Powbet has a strong reputation for protecting its customers.

They are licensed and regulated by the government of Curacao. They have multiple different third parties that oversee and check in on the security of their systems. In terms of legality, Powbet is fully legal to use under Canadian gambling laws.

Powbet has a strong security system and a stringent privacy policy. They have a great reputation and are fully safe and legal to use in Canada.

Powbet’s Customer Support

If you ever run into problems with a sportsbook, strong customer support is going to be a must. Powbet has several great customer support avenues customers can take. If you’re dealing with technical difficulties or any other problems, these will come in handy.

Firstly, they have an FAQ page that is very extensive. There is a lot of information to be found on the Powbet FAQ page, and this is the first place to head if you have some questions about the operator.

If that doesn’t work, there is an email line where you can reach out to Powbet employees, wait a few days, and hear back. Their best option is their LiveChat. This allows you to message back and forth in real-time with a member of their team. This is what I used, and it was fast and effective. Their employees were helpful and responsive.

Overall, the Powbet options are top-notch.

100% up to $150 welcome bonus

Frequently asked questions about Powbet

Powbet only came online in 2021. They’re a fresh, new operator that many may not be familiar with. That’s perfectly understandable. If you aren’t certain about Powbet and have some remaining questions, we’re here to help. Here are the answers to some of the most frequently asked questions about this sportsbook.

❔ What are the minimum withdrawal and deposit limits on Powbet?

The minimum deposit and withdrawal limits on Powbet depend on the kind of currency you are using. If you use debit/Interac, the minimum deposit is $10, while the minimum withdrawal is $20. These are both below-average minimums.

❔ Do crypto and e-wallet transactions take less time on Powbet?

Yes! Cryptocurrency and e-wallet transactions on Powbet are processed remarkably quickly and will hit your account at lightning speed. However, with debit or Interac, it can take several days because it has to go through a third party.

❔ Can I trust an operator as new as Powbet?

While many people tend to assume that the older an operator is, the more trustworthy it is, this isn’t necessarily true. Powbet can be relied on, even if it only entered the scene within the past year.

❔ Can you change the odds format on Powbet?

Yes. The standard option at Powbet is decimal odds. However, if this isn’t your favourite, you can scroll down to the bottom of the sportsbook page and choose between decimal, American, and fractional odds.