Lvbet Withdrawal Review
Lvbet is an online betting site that has been rated as a very good betting site that is completely safe for you to play and enjoy. During our review, we considered players’ complaints, reputation signals from other review sites and social media, estimated revenue, licenses, the provision of responsible gambling tools, quality of customer support, fairness of terms and conditions, withdrawal limits, withdrawal times, payment methods, as well as many other factors. So, if you were wondering if this bookie is safe or a scam? Read the full review below to learn more.
According to our statistical data, we found Lvbet has an above-average revenue size. Our analytics is refined by our exclusive formula based on traffic, country, age, gender, and many other aspects to give this conclusion for its estimated revenue. We think bigger revenue betting sites generally will have enough financial capacity to pay for the big wins of the players while smaller revenue betting sites may face difficulty in paying gamblers when they achieve huge wins.
Withdrawal timeframe is an important factor that affects heavily on player's satisfaction. There has been a lot of controversy surrounding the processing time of winnings at Lvbet. We have found many complaints about this sportsbook paying players slowly, which dramatically affecting the operator's reputation.
Bonuses
Deposit Bonus Not available
Language options
Website: English
All languages (6)
Customer Support: English
All languages (6)
Live chat
Payment method
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Products
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Sports & Markets
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Positives
- A multi-lingual website
- Terms and Conditions are easy to follow
- Live Chat works 24/7
- No additional deposit fees may be charged
- Deposit, play and withdraw directly in Bitcoin
- Glossary.positiveOptions.vpn.0
- One of the largest online gambling operators online since 2015
- Many types different odds
Negatives
- Many restricted countries
- Slow withdrawal processing
- High wagering requirements
- Charge high fee for withdrawing
Interesting facts
- Optimal design for users in Asia
- Medium international betting site
- The bookmaker got license(s) from Malta
Latest user reviews of online bookmakers
My honest feedback. LV bet is an excellent casino, the customer support is always extremely polite and helpful. I've never had a problem requesting a withdrawal, nor have I had one receiving a payout. They are extremely quick when paying out. They also have some of the better bonuses, that are updated quite often. Extremely satisfied!
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Deposited a large amount of money. No issues, then when I doubled my money, suddenly requesting verifications. I duely shared my details. Got told then i need to hold my passport, which I believe is an invasion of privacy. Offered to hold a conference call with them. Nothing. Requested as part of the Freedom of Information all my transcripts. Very slow response, nothing via conversation all just cold faced emails.
"10. MISCONDUCT
d. In the event of misconduct, LV BET is entitled to immediately terminate the Agreement and exclude you from further use of the Website. Further, LV BET is entitled to interrupt and terminate on-going games, to block you or your Account with or without prior notice and to retain your credit and winnings achieved through misconduct until clarification of the situation.
The full text of the terms and conditions is available here.
Therefore, due to a violation of this condition, we canceled your winnings and your gaming account has been permanently suspended.
Our decision, in this case, is final and conclusive."
I mean what are you talking about? Again shows the shadyness of the company, like a mafia the case is final. I didnt want your account anyway, I requested to close the account due to your awful approach.
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Do not give these thief’s your money. The lie, steal and cheat. I won money and for email 5 days later saying they’ve cancelled my winnings because I have a second account which I ain’t, I went on to a seperate chat and asked and they said I only have one account. They don’t refund deposits which by law they should. Burn this company to the ground, they give online betting a bad name. SCUMBAGS
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Good games selection.
Withdrawal takes too long.
Withdrew Thursday after depositing won a decent amount around £500.
All over the Web, all adverts even Google advises 1-24 hours Withdrawal.
I questioned on live chat (which was closed) to be told there is a 3 working day processing time, not including weekends as not classed as these are non working days, so am still waiting for my Withdrawal.
When you finally look at Withdrawal times does advise from 72 working hours Withdrawal which in this day and age is insane! So they can take my deposits in seconds but any winnings I must wait for.
Extremely frustrating!
3 stars is due to the game selection and quick initial response from customer service.
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The deposit system is ridiculous. I made 4 payments which have been removed from my account... I was advised by live chat that deposits can take upto 24 hours to process? Never had this happen at probably 30+ casinos.
EDIT: They cleared after 2 hours and won't refund the duplicate payments. They say I have to wager them once. If the deposit worked first time I wouldn't have accidentally made multiple payments of the same amount....Very shady tactic to get you to make multiple desposits.
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Lv bet is a good site to place few bets and enjoy a nice casino experience. The site has been designed thoughtfully and stands out compared to other websites I’ve played on. The only thing I do not like about them is the withdrawal fee of $5 everytime. It gets frustrating that you need to pay a certain amount to cash out your winnings. Else everything is up to the mark and I love playing on LV bet!
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They don't accept ID verification and need a passport to verify my ID, despite I don't need a passport to live in Poland, cause I'm an EU citizen, so I don't have one. They do accept a deposit though and don't refund your money.
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Absolutely dumbfounded to have received an email from the site today advising my account has been permanently closed. The email contains absolutely no justification, but follows a withdrawal request for £650.
Confused and angered to say the least. The account is relatively new, and I had been asked to provide documents yesterday and fill in a questionnaire regarding Identification and deposit/game play level. I have certainly still lost even requesting this withdrawal and now am being told that I will not receive my funds, or have my account reopened. Reading the reviews below I believe this company clearly do not like to pay out.
Avoid like the plague. Disgusting.
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I would avoid. Withdrawal still pending after 3 days. They only process on business days apparently this is extremely poor when you don't pay a fee for a withdrawal but these charge for a withdrawal after 1 free per week.
Ridiculous withdrawal times need to up their game.
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They will not process withdrawals.
PLEASE BEWARE: LVBET ARE NOT PAYING OUT.
They use the 72 hour excuse and that there is a massive queue for withdrawal payments. This is just lies. They do not want to pay and will keep lying, hoping you re-use the funds and keep going until you lose it all.
You will not get paid inside their T&C processing period which is 3 days.
All other betting sites will process same day or latest within 24 hours.
WARNING: LVBET ARE BACK SCAMMING AGAIN. STAY CLEAR
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Author Guarantor:
Heidi Campbell
Last updated: 25 March 2022
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