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Our 2018 EGB esports Review

Let’s talk about eGamingBets, known as EGB.

What’s unique about them is that they’re focused only on esports betting. There’s no baseball here. There’s no football, soccer or handball, either.

Only esports.

This speaks volumes about how fast the esports industry has grown, not to mention how profitable it must be to get involved on the betting side if all you offer are esports betting opportunities.

Anyway, if that’s something that interests you, then you’ll want to read this review from start to finish. Because in this review we take a closer look at EGB’s banking options, promotions and betting options. Details you need to know BEFORE you create an account and make a deposit.

Let’s get to it.


Device Compatibility:
  • Website – http://egb.com
  • Launched in 2011
  • Licensed and Regulated by Curaçao
  • Email – [email protected]
  • Great esports Selection
  • Lots of Live Betting and Streaming Options
  • Unique Features
  • US Players Not Accepted
  • They Limit Winners and Prohibit Arbitrage Betting

Who owns and operates EGB? How long have they been in business?

EGB operates under Exedra Malta Limited. Exedra’s parent company is Exedra N.V.

My Google searches didn’t turn up much of anything on either company. Other EGB reviews don’t say anything about them, either – apparently, they ran into the same problem.

What I did manage to find out is that EGB.com has been in business since 2011. And that they have a Curaçao license (8048/JAZ2017-018), which was issued to Exedra N.V.

How’s their reputation? What do others think of them?

I’m not familiar with the sites in the esports betting space – but my impressions weren’t very good. There weren’t any sites I felt I could trust, one way or the other.

So, my opinion was based on what I could find searching Google.

I searched for scam and scandal phrases using both variations of their name. I got a few hits, though nothing hit me as something to be alarmed about.

For example, this is on the first page of Google, yet there’s nothing there.

Then I came across .

This – to me – sounds as if the user is mad that his account was limited due to regularly beating the sportsbook and making money.

This sucks, no doubt about that.

Yet, the fact that he’s complaining tells me that maybe he doesn’t know much about the online gambling space – because sportsbook limiting winners is commonplace. So, maybe he’s new, thus his complaint isn’t worth as much as someone with experience.

Whatever the case, limiting winners doesn’t make a sportsbook a scam.

Besides, things may have changed since that Reddit post was published more than 2 years ago. Though, based on what I found out later, I don’t believe that to be the case.

ANYWAY – for now, based on what I could find in Google, I’d say their reputation is fine

What countries are prohibited from playing here?

Their terms say that players from the following countries are prohibited from playing for real money at EGB.com:

  • Aruba
  • Bonaire
  • Curacao
  • Cyprus
  • France
  • Germany
  • Great Britain
  • Israel
  • the Netherlands
  • Saba
  • Singapore
  • Statia
  • St. Maarten
  • USA

How do you contact EGB? When are they available?

You can contact EGB.com using the following channels:

Envelope
LIVE CHAT

They also have an FAQ page that answers quite a few questions, ranging from play money betting to real money betting, their points program, bonuses, shop, and more.

I sent them an email on a Friday, and it took 2 days to get a response. That gives me the impression that maybe they don’t work weekends. A bit ridiculous, if you ask me – because I’d assume weekends are their busiest time.

That said, I did get a response – and they answered my question. My experience was good overall.

What payment methods do EGB accept?

They don’t post anything about their deposit options – not in their FAQ (like the cash out options) or their terms and conditions.

They do post the cash out options they offer, so I’d assume your cash out options are going to be similar, if not identical.

You’ll find those options in the next section.

What are your cash out options? Are there any limits or fees?

Here are the options, along with any fees and limits there may be.

  • Skrill – From $15 to $20000. Withdrawals completed within 24 hours.
  • Neteller – From $15 to $20000. Withdrawals completed within 24 hours.
  • Money – From $15 to $600. Withdrawals completed within 72 hours.
  • Webmoney – From $15 to $2000. Withdrawals processed within 7 days.
  • Qiwi – Withdrawals completed within 72 hours. This option is available only to accounts pegged to Russian phone numbers.
  • Visa – From $200 to $1000. Withdrawals may take up to 10 working days (depends on the bank) to complete.
  • MasterCard – From $200 to $1000. Withdrawals may take up to 10 working days (depends on the bank) to complete.
  • ru – From $15 to $10000. Withdrawals processed within 24 hours.

EGB offers one free cash out per month.

Additional cash outs will have a 4% fee. This seems a bit high to me, though it does depend on which option you use and the amount you’re cashing out. Once you exceed $1,000 or so, a flat fee (like most other casinos) would be ideal.

Processing will take 24 hours, on average, for cash outs less than $10,000. You should expect cash outs larger than $10,000 to take up to 7 days to process.

As for limits – they say in the deposit section of their terms and conditions that they may apply individual payout limits based on your account history and other factors – all at their discretion.

Do they offer a welcome bonus? What are the terms?

They do offer a welcome bonus. Surprisingly, it’s on par with the online gambling industry, and, in many cases, it’s larger than what most sportsbooks offer.

They’re offering a 100% match bonus up to $600. Every dollar you deposit will get you an additional dollar to play with. Max the bonus out and you’ll have $1,200 to bet with.

Their offers have playthrough requirements, too – just like a regular sportsbook. I found their requirements a bit confusing, though.

It sounds like they divide all bonuses into 5 equal parts. The bonuses are added to your account balance at the rate of $1 per 500 points.

So, say you get the entire $600 bonus. You’ll receive it in $120 chunks, but only once you’ve earned 60,000 points.

And that sounds right when you compare my examples to theirs below:

EGB Bonuses

You have a bonus of $10. You will receive $2 (one fifth) every time you accumulate 1000 points, until you get all five parts of 5000 points.

You get 10 points for every dollar raised on the index. And, if my math is correct, that means you’ll need to wager $6,000 for every $120 chunk of the welcome bonus.

This comes out to a 50x rollover ($6,000/$120), which is significantly higher than most sportsbook’s playthrough terms. It’s more on par with a casino bonus. So is the size, which may explain why.

What additional promotions can you claim?

They do have additional offers. Though, their additional offers aren’t listed or highlighted anywhere. You buy additional bonuses through their shop, instead.

You can buy bonuses in the following amounts:

  • $2 – 1,000 points
  • $5 – 2,000 points
  • $10 – 3,600 points
  • $20 – 6,000 points
  • $50 – 10,000 points
  • $100 – 18,000 points
  • $200 – 35,500 points

These are their normal prices. When I checked them out, they were offering deals of up to 35% (points-wise) on some of their bonuses.

It looks like the money (money for every point spent) gets better the higher up you go, too. Even more so if you can buy a bonus while it’s on sale. That’s pretty cool to see.

You can also exchange points for cash. They offer 3 different options:

  • $1 – 1,000 points
  • $10 – 9,000 points
  • $20 – 16,500 points

There’s clearly more value in buying a bonus compared to the cash back. You’ll receive almost 5:1 for the same number of points required to buy a $100 bonus compared to buying $20 cashback.

Additional Shop Stuff

Other than the cashback and bonuses, EGB has merchandise you can buy from their shop using your points.

Some of your options include:

  • Gaming headsets
  • Gaming mice
  • Gaming keyboards
  • Mouse pads
  • Keyboard bags
  • Earbuds

These come from known gaming brands such as Razer, Roccat, SteelSeries and Hyper.

You can also use your points to buy EGB-branded t-shirts, sweatshirts, hoodies and coffee mugs.

Refer a Friend

EGB offers a referral program they call Tell a Friend. You get up to $50 for every friend you send to EGB. Once he/she earns so many points, the money will be credited to your account.

There are three stages of bonuses that you can achieve:

  • Friend regains 100 points; you get $1 on your account.
  • Friend regains 500 points; you get $4.
  • Friend regains 5000 points; you get $45, but in bonuses.

That’s it for their (public) offers. They do say in their FAQ that they post promo codes for existing customers to their social media channels (Facebook, Instagram, Twitter) from time to time. So, it’d make sense to follow them on one or all of those channels if you’re interested in picking up additional offers.

Do they have a comps and/or VIP program?

They have the points program I briefly mentioned earlier. You’ll receive 10 points for every dollar bet on markets with odds of 1.3 or higher.

What games and tournaments do they cover? What types of bets can you make?

The games they cover include:

  • Counter Strike
  • Starcraft 2
  • Dota 2
  • World of Tanks
  • League of Legends
  • Hearthstone
  • Heroes of the Storm
  • Smite
  • Overwatch
  • Rocket League
  • Other

You can view all the matches they cover at one time, or you can filter the results based on the individual games you’re interested in betting on.

This is what you’ll see under the Table (Simple Bets) tab. The Express tab will narrow the selection down to the matches beyond today. For example, today is August 4th – the Express tab shows me options for August 5th and beyond.

Important!
There’s more to the Express tab than what meets the/my eye. Their FAQ says that specific bets are chosen for the Express tab, which cannot be influenced by users’ bets.

More than that, when you make an Express bet, you’re betting on several events at the same time. They say that “winnings are calculated by multiplying the index of the bet by the index of another one.”

You can make express bets on 2-10 matches at the same time. But the maximum index cannot be more than 200.

Betting Options

Now what about betting options or markets? Well, if there are multiple options you’ll find them by pressing the plus sign (+). A menu will drop down, showing you all betting options for that particular match.

Some of the available markets include:

  • First blood
  • First 10 kills
  • First 15 kills
  • First 20 kills
  • Over 52.5 (total kills)
  • Over 39 minutes (total time)
  • Map 1
  • Over 2.5 (total maps)
  • 30th kill on map 1
  • First blood on map 1

And multiple variations of these.

Do they offer live betting? Can you watch matches?

They do offer live betting.

You can find all the live betting options under the Live tab. They’ll show you what’s currently running, as well as a list of what’s going to be available throughout the day.

All the matches they were covering when I reviewed them were DOTA 2. But I wouldn’t be shocked if they covered most, if not all the games they take action on.

They also offer live streams. If you look at the far righthand side of their match listings, you’ll see a small play button; this tells you that you can watch that particular match. Just press the button and it’ll load at the top of the page.

They also list all their available streams under the Streams heading at the top of the page. When I was there they were covering 11 different streams.

The two streams I checked out were both on Twitch. And I had no issues watching – the stream worked flawlessly.

How do you access their sportsbook? Do they offer mobile betting?

There’s no download – you access their site from your browser. It’s also mobile responsive – this means a large variety of devices, screen sizes and browsers should work.

I checked it out on my iPhone, and my first impression is that it works/looks great.

They also have an Android app. I don’t have a compatible device, so I’ve no idea how good it is or how well it works. But it looks like you can download the app directly from their site.

Do they limit bettors?

I get the impression they do, based on what bettors said in the Reddit post I mentioned earlier. Their terms also say in a couple different places that they reserve the right to impose betting, payout and withdrawal limits.

They don’t specifically say they limit winners, but based on my research – and the fact that they prohibit arbitrage betting (#12 in their terms and conditions) – I get the impression that this site is for recreational bettors only.

Anything else worth mentioning?

Yeah, there are a few features or options I think our readers may be interested in.

  • Chat – You can chat with other EGB bettors – it’s on the righthand side of your screen. I don’t find this feature particularly interesting, but if you like to chat with peers while betting online, you might like it.
  • Play Money – EGB lets you bet for play money. I can’t think of another sportsbook offhand that lets you do that. This is a great way to learn their software before you bet for real money. But you can also just bet for fun if real money gambling doesn’t interest you.
  • Tournaments – They offer tournaments where you bet on who will win a particular match or season. They say that the odds aren’t fixed, and that your gain will be paid according to the final odds (when all bets are closed).

You can see all their tournaments under their tournament section.

  • Guess Picks – Apparently this is (only) for DOTA 2. There are 5 betting levels from $1 to $100. Each level opens up after the required prize was collected on the previous level.

Picks are selected based on:

  • 5 picks of heroes for each team (3 points for each guess)
  • 5 bans of heroes for each team (2 points for each guess)
  • Sequence guessed: if a pick cell and a hero ban coincide (1 point for each guess)

They have a sort of complicated way of figuring out the results – and the prize fund is divided based on the table. You can see the table, and the entire explanation of how this works, on their website.

I point all these things out because they make the platform a little more interesting and/or entertaining to use – especially if you’re trying to decide if you want to bet here or a traditional sportsbook.

What do we think of EGB? Do we recommend them to our readers?

This is the first esports sportsbook I can remember reviewing. So, I don’t have a whole lot of experience to draw from.

Here are the few things I’m not overly excited about:

  • The 50x rollover on their bonuses.
  • That they limit winners and prohibit arbitrage betting.
  • The 4% cash out fee on your 2nd or more cash out of the month.

However, there are a few things I DO like about them:

  • The 100% / $600 match deposit bonus.
  • Coverage you won’t see from traditional sportsbooks, such as for games like Smite, Overwatch and Rocket League, amongst others.
  • There is a good selection of live betting and streaming options.
  • I am intrigued by the unique features such as play money betting, DOTA 2 picks and tournaments.

EGB isn’t perfect. But assuming you’re not a professional bettor and/or consistent winner, then based on my limited experience I see no reason not to create an account with EGB and start placing some esports bets.

I’d do it if it weren’t for the fact that they don’t accept US customers.

Anyway, my opinion is that EGB.com is worth a look – go create your account today.

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