Spain is the fourth largest betting market in the world and it is growing thanks to millennials and digital natives who are adopting online betting. Spanish players spend almost 2 billion euros a year on online sports betting, but there are almost no localized Spanish bookmakers. When it comes to bookmakers, Spain sticks to its tradition: betting on foreign companies that offer services in Spanish. But things are about to change. The launch of a new player called online sports betting at 22Bet could mark a turning point for the Spanish online betting industry. 22Bet is a cryptocurrency-powered sportsbook with an integrated marketplace where users can buy and sell their own bets with other users on the platform. The company was founded by three young Singaporean entrepreneurs who decided to take advantage of blockchain technology and disrupt the industry. Let’s see what they’ve done so far.
Registration at 22bet
The registration process at 22bet is very simple and straightforward. All you have to do is enter your name and email address, select your language, and create a password. At this stage, you will be asked to provide your phone number. The company claims that this information is required to identify and authenticate users, and to comply with legal and regulatory requirements. You will then receive a text message with a verification code that you must enter on the website to complete the registration process.
Deposit and Withdrawal Methods
You can deposit and withdraw money from your account using any of the available payment options. At the time of writing this review, the Spanish bookmaker accepts payments with cryptocurrencies and credit cards. However, the company’s website claims that it will soon expand its payment options to include other debit and credit cards, bank transfers, and e-wallets. The minimum deposit amount is 10 euros and the minimum withdrawal amount is 50 euros.
How to Place a Bet on 22bet
As soon as you log in to your account, you will see a menu on the left side of the screen where you can select the type of bet you wish to place. Next, you have to select the sporting event or match you want to bet on, the amount you want to bet and the amount of profit you want to make. Once you click “Place Bet” you will be redirected to a new page where you will need to select the payment method you wish to use. When you click “Confirm Bet” the transaction will be completed and the funds will be deducted from your account. Then you will have to wait for the result of the event to know if you have won or not.
22bet Sports and Games
22bet offers a wide variety of sports and events to bet on. You can choose to place a single sports bet, a multiple sports bet or a combination bet. The company’s sports betting covers all the most popular European and American sports, as well as Asian favorites such as badminton and cricket. The sports menu also includes esports, tennis, and basketball. As for the games, you can bet on casino games like blackjack, roulette and slots.
Bonuses and Promotions
The Spanish bookmaker offers different types of bonuses and promotions to attract new users.
- The Welcome Bonus: By signing up, you can get a 100% bonus on your first deposit. You can get up to 100 euros, depending on the amount you deposit.
- The Refer a Friend Bonus: You can earn 10% of your friend’s first deposit.
If you have referred a friend and they have made a deposit, you can earn 5% of their next deposit.
The 22bet Mobile App
The company’s mobile app is available for Android and iOS devices. However, the Android app is still in beta, which means it’s not fully functional yet. The iOS app is fully functional and can be downloaded from the App Store. The mobile application has the same interface as the web platform and offers the same types of sports and events, as well as the same types of bets. The application design is modern, simple and intuitive. It is very easy to navigate and use. The app is designed to be used on the go, so you can place bets and keep track of your wins and losses while on the go.
Advantages and disadvantages of using 22bet
To summarize our review, let’s look at the pros and cons of the 22bet bookmaker:
Pros:
- The design of this sportsbook and casino is truly impressive. The design is modern, clean and very attractive.
- Sports betting and casino offer players a wide range of different sports and events to bet on.
- The welcome bonus is one of the best out there. It is high and the wagering requirements are reasonable.
Cons:
This company is a new brand and there are not many reviews about it.