PowBet was launched in 2021 and has since evolved into an online casino that combines sports betting and casino games. Previously, PowBet was operated by Rabidi N.V. under a Curaçao license, but following an ownership change, it is now managed by NovaForge Ltd and operates under a license from the Anjouan Gaming License Authority.
PowBet has maintained its focus on both sports betting and casino gaming, and the platform still offers a wide range of payment options, including cryptocurrencies, e-wallets, and traditional bank cards. Over the years, PowBet has expanded its offerings, introducing more promotions, tournaments, and challenges that appeal to competitive players.
With its ability to adapt and innovate, the platform has established itself as a stable hybrid site for players looking for a combination of sports betting and casino games.
| 💰 Welcome bonus | €210 (Odds) |
| 🔑 Turnover requirements | 5x (after the deposit has been traded 1x) |
| 🥅 Markets | Odds, Live Odds, Virtual Games, e-Gaming |
| 💳 Deposit methods | Visa, MasterCard, eZeeWallet, MiFinity, Applepay, Crypto (BTC, LTC, ETH, ) |
| 🏧 Withdraw methods | Bank transfer, eZeeWallet, MiFinity, Krypto (BTC, LTC, ETH, RIPPLE) |
| 💲 Currency | EUR |
| 📋 Gambling License | Anjouan Gaming License Authority |
The odds welcome bonus can only be used on odds and sports betting. 100% up to €210 the offer must be activated when you register. You will find it under promotions – sports.
The sum you deposit must be played through 1 time (1x) with odds of at least 1.5 before you get the bonus.
When you receive the bonus money, you can start making wagers. Powbet requires 5x turnover of the bonus.
5 times (5x) on single games at min. 2.0 in odds and/or multi games at min. 1.5 in odds. Early withdrawals in the form of interrupted bets and system bets will not count against the turnover. You have 30 days to complete the wager.
100% up to €500 + 200 Free Spins is the welcome offer for Casino players. The bonus is a nice No-Sticky bonus, and you have 10 days to complete the Wager. The requirement is 35x (d+b), which means that it is a high requirement if you were to come down on the underlying bonus money.
Free Spins are awarded as 20 per day for 10 days. Winnings from free spins have 40x Wager.
The amount of campaigns and activities in the form of challenges and tournaments is large at Powbet. On the page you will find everything neatly sorted between Sport and Casino. Here, no one should be bored after the welcome bonus has been played.
+ a number of other small campaigns that you can find on the Powbet page under sports campaigns.
The casino section on the Powbet page looks like this with regard to other promotions after the welcome bonus is finished:
All activities at Powbet are rewarded with coins. So-called Powbet coins. Deposits, turnover, participation in challenges and tournaments. The coins can eventually be used to buy odds bets for fixed sums, and/or exchanged for free spins at the casino .
The VIP levels at Powbet are as follows. Withdrawal limits and cashback % in brackets.
There are almost no limits to what you can find of different markets for betting on Powbet. Are you more interested in horses and racing in general? Or are there other sports you are looking for? We don’t know if your exact wish will be fulfilled, but the chances are high that it will.
Sitting down in the armchair to watch sports on TV is a familiar activity. In this regard, we recommend trying to bet on live odds if you have not done so before. The whole sports experience is taken to new heights when you can bet on the live. The odds can vary a lot depending on individual performance, so here you can potentially be both skilled and lucky and get a good payoff.
Briefly explained, virtual sports are simulated sports events where the results are continuously generated by a computer. The advantage is that this goes very quickly and the results are spit out on a conveyor belt. Popular virtual sports are for example; Football (WC, EC, Seasons), Basketball, Tennis, Dog and Horse racing
Casino and Live Casino are huge on Powbet’s website. With Rabidi’s platform for slots, we count over 7,000 slot machines and 100 different suppliers. In other words, most of the different possibilities that are worth trying.
You can use Visa and Mastercard, including Revolut’s cards, as well as e-Wallets such as MiFinity, eZeeWallet, ApplePay and a varied amount of crypto-currencies to deposit at Powbet.
Bank transfer, e-Wallets and crypto are the withdrawal methods. Closed loop policy means that you must withdraw to the same method you deposited with as far as this is possible.
The withdrawal limits depend on the VIP level, but everyone starts at the lowest level with €500/day – €7000 a month.
The platform that runs Powbet is also behind many other Odds and gambling sites. They have lots of people at work to operate the live chat at all times. Everything takes place in English, and our unison impression across several pages is that the customer employees are skilled and knowledgeable. Somewhat longer processing time must be expected if you send an e-mail.
Although Powbet’s site is gigantic and very rich in content, it is not particularly easy to get lost. They have been skilled in the design and the user experience has been put first.
You can upload the KYC documents in a self-service menu inside your profile. We advise everyone to do this as soon as possible to avoid future complications in connection with withdrawals.
PowBet is now operated by NovaForge Ltd and holds a license issued by the Anjouan Gaming License Authority. This marks a change from its previous management, as the casino was formerly run by Rabidi N.V. under a Curaçao license. Following Rabidi N.V.’s bankruptcy, PowBet, along with several other platforms, was transferred to NovaForge Ltd, which now oversees its operations.
We have reviewed the Anjouan license registry and confirmed that PowBet is registered under NovaForge Ltd with a valid license. The Anjouan license provides a legal framework for the casino’s operations, but it is less recognized than licenses from authorities such as the Malta Gaming Authority (MGA) or the UK Gambling Commission (UKGC). This means that players should be aware of their rights and how potential disputes are handled under this licensing model. It is always advisable to carefully review the terms and conditions before registering.
Previously, PowBet was known for its use of cryptocurrencies for both deposits and withdrawals, and this feature remains available under the new licensing arrangement. The transition to NovaForge Ltd has not affected this aspect, and PowBet continues to emphasize flexible payment options.
Powbet is a gaming platform of all sizes, which bets as much on Odds and betting as on Casino. Everything you get from offers and promotions after the welcome bonus is finished will ensure that even the most discerning of players are activated. Regardless of whether the segment is Odds or Casino.
All in all, Powbet makes it easy to stay on the site as a regular customer. That is why they also have a VIP program that gives more benefits as you increase in status. It’s probably far from the most attractive VIP program we’ve seen, but we wish that withdrawal limits had been omitted from this, so that all players could get the same conditions for withdrawals from day 1. Relatively low withdrawal limits are probably what attracts the most down to the overall impression here at Powbet. As well as high turnover requirements on Casino bonuses. 35x(d+b) is a lot. Of course, it can be defended with the fact that it is a No-Sticky bonus. But still.
Lead streamer and expert on online casinos.
Natvig has been in the industry since 2019. He started streaming on Twitch and has later expanded Kingbonus into Instagram, Youtube and Kick.
