Selectbet sports betting experience – test & review

Bonus & VIP Offer

Welcome bonus

Select.bet welcomes new customers with a 100% bonus up to 200 euros, which is granted on the first deposit. The minimum deposit amount is 10 euros. If you want to secure the full Select.bet bonus, you should deposit 100 euros.

Remember to enter the bonus code “NEWBONUSS” when making your deposit. If you forget to do so, you will not be able to get the bonus!

Before you can withdraw the bonus and the betting winnings, you have to work off a 16-fold turnover target, which refers to the bonus balance. If you deposit 100 Euros and receive 100 Euros bonus as a result, you will have 200 Euros to bet. Accordingly, you have to wager 3,200 euros (16 x 200 euros) with sports bets.

When clearing the Select.bet bonus, you should pay attention to three things in particular:

If a bonus is active, you may only place bets with a minimum odds of 1.80.
To reach the required turnover, you have 21 days.
Some bet types (listed in the table below) are excluded from the bonus promotion.

VIP & Loyalty Programme

At Select.bet, you benefit neither from a VIP club nor from a loyalty points program. This is a disappointment, especially for very active sports bettors, because other bookmakers are much more generous in this regard.

However, there is at least a 50% to 200 euro reload bonus, which you can secure with the code “EURO2020SBET”. In addition, the bookie sends emails and SMS to its customers at regular intervals to inform them about temporary promotions.

Betting offer

In the Select.bet test, the bookmaker scores with a broad betting offer that caters to a wide range of tastes. Currently, the bookie’s portfolio includes 25 sports. In addition to the absolute classics – soccer, basketball, tennis and ice hockey – numerous other popular disciplines are offered, including:

Table tennis
Volleyball
Handball
Cycling
Boxing
Motor sports
At Select.bet you can also find various sports that are very popular in America and England, for example:

Football
Baseball
Horse racing
greyhound racing
Rugby League/Union
Cricket
With badminton, there is even a discipline that can almost be classified as “exotic”. However, other representatives of this category – such as floorball or water polo – are not offered.

The bookie focuses on soccer. Select.bet not only quotes all important international competitions and European top leagues. German soccer fans will certainly be pleased that tips on various regional leagues and women’s soccer are also possible.

Large selection of betting markets in soccer
The number of betting options offered depends mainly on the popularity of the event. For soccer matches, up to 300 betting markets are provided according to my Select.bet experience. For other popular sports, there are usually 50 to 100 betting options available. The betting markets that the bookie offers include, for example:

1X2 bet
Double chance
Exact result
Number of points/goals
Handicap and Asian Handicap betting
Over/Under bet
Overall winner bet
eSports & other special bets

Gaming fans are at the right address at Select.bet, because the eSports portfolio of the bookie is really impressive. You can bet on the following games, among others:

League of Legends (LoL)
Dota 2
CS:GO
Esoccer
NBA 2K20
Rainbow Six
StarCraft 2
Call of Duty
In addition, the betting provider also offers its customers special bets – primarily from the field of “politics”. It should not go unmentioned that the betting offer also includes virtual bets.

Live bets

Whether in the morning, at noon, in the evening or at night: at Select.bet you can place live bets around the clock. The bookie offers you a wide selection of sports, but here, too, there is a clear focus on soccer. All in all, the bookmaker does not have to hide from the competition – not even from the top representatives of the industry.

When I looked at the live betting section on a Saturday afternoon, the website showed me the following sports:

Soccer
Tennis
Basketball
eSports
Table tennis
Volleyball
Rugby League
Rugby Union
Cricket
Handball
Badminton
To make you aware of odds changes, the betting provider uses green (odds are increasing) and red arrows (odds are decreasing). These are displayed above and below the betting odds respectively.

According to my Select.bet experience, the bookie even offers live streams. However, the live broadcasts are limited to eSports events.

Quotes & Betting Features

Quotes

In order to determine which odds level Select.bet operates with, a sample was drawn that includes ten betting markets. In order to realistically represent the betting offer, I focused primarily on soccer, but also took other sports into account proportionally. The following values were calculated:

92,03 / 91,43 / 91,70 / 89,83 / 92,44 / 91,30 / 92,61 / 91,32 / 91,78 / 92,13
This results in an average odds of 91.66 percent, with which the bookie only lands in the lower midfield in the odds comparison. It is noticeable that the odds sometimes even slip below the 90 percent mark.

Example of odds calculation
For the European Championship match between France and Germany, Select.bet provides the following odds:

Odds win France: 2.40
Odds draw: 2,95
Odds win Germany: 2,80
Odds = 1 / (1 / 2.40 + 1 / 2.95 + 1 / 2.80) = 0.8986 = 89.86 percent.

Betting Features

Select.bet does offer a cashout option in principle. However, the support team emphasized that the feature can be used much less often than at renowned bookies – so a cashout is not always provided.

The option to create your own tips with the help of a betting configurator is not available at this bookmaker.

Deposits & Withdrawals

Deposits

To transfer money to your betting account, you have numerous payment methods at your disposal – even cryptocurrencies. As a rule, deposits are immediately transferred to the betting account. The minimum deposit amount is always 10 euros. You can use the following transaction methods for deposits.

Credit card/debit card (up to €2,500), Visa, Mastercard and JCB payment cards are permitted.
Klarna (up to 5.000 €), direct booking system, works via online banking
NETELLER (up to 10.000 €), one of the most used e-wallets
Skrill (up to 10.000 €), another popular e-wallet
giropay (up to 10.000 €), additional e-wallet
paysafecard (up to 10,000 €), prepaid payment card, only entry of a 16-digit code required
Cryptocurrencies (up to €10,000), including bitcoin, bitcoin cash, ethereum, litecoin and stellar lumens
Jeton Wallet (up to €10,000), another e-wallet

Withdrawals

Withdrawal methods at Select.bet
According to the terms and conditions, the withdrawal of winnings must always be carried out with the same payment method that you used for the deposit. If this is not possible, the bookie will send you the money via bank transfer as an alternative.

As a minimum amount for withdrawals, Select.bet has set an amount of 20 euros. As the support informed me, you can withdraw up to 5,000 euros depending on the transaction method, which is also the daily withdrawal limit. Withdrawals are usually processed within 48 hours.

KYC process also mandatory at Select.bet
Due to legal requirements, Select.bet is obliged to verify your identity. This happens when the sum of your withdrawals exceeds 2,000 euros. You must provide the following documents to the bookie via email or live chat:

Copy of an identification document
Copy of a consumer invoice
Proof of payment
According to my personal Select.bet experience, the bookmaker needs up to 24 hours to check the documents.

Tipper himself responsible for betting tax
The bookie does not pass on the sports betting tax due in Germany to its customers. The T&Cs state that bettors must declare their winnings to the tax office on their own. This is strange in that normally the principle of third-party liability applies, the betting provider must pay the tax as first.

My experience with the first deposit and withdrawal
My first deposit at Select.bet was processed very simply and quickly. Thus, my 30 euros landed immediately on the player account.

I could have activated the bonus via code before making the deposit. However, I waived it to speed up the payment process.

My live bet was accepted after 9 seconds. This is rather slow, maximum lower average.

Subsequently, I would like to withdraw my balance. With the payout I was then but negatively surprised. I should convert my deposit five times with a minimum ratio of 1.6. I have never seen such a high requirement just for the deposit.

As expected, I did not manage to meet these horrendous expectations and my bet was completely lost.

Thus, Select.bet has presented itself as not customer-friendly through this one regulation.

Reputation & Security

Due to the existing Curaçao license (8048/JAZ), the bookie is in principle allowed to offer sports betting in EU countries. However, the licenses originating from the Caribbean island do not necessarily enjoy a good reputation.

The operator is Bellona N.V. – a company based on Curaçao, which is also responsible for the betting providers Robet247 and Zodiacbet, which were also not completely convincing in terms of seriousness. Furthermore, it should be mentioned that there are numerous negative user comments about Select.bet. Most of them are about problems with payouts.

You do not have to worry about the security of your data with this betting provider. Customer and transaction data is always encrypted and transmitted via TSL 1.3. However, there are serious deficits in player protection. You can only make use of a voluntary self-exclusion, but only via the support.

Service & Support

Select.bet support can be reached around the clock via email and live chat. You can talk to the employees in German, but according to my Select.bet experience, they are not native speakers. Instead, translation software is used, which usually works relatively well.

I recommend the chat in principle, because you get a direct answer here. The employees have always been friendly to me.

It should not go unmentioned that there is a German FAQ menu, which already answers one or the other question. However, the bookie does not have a hotline.

Functions & Design

Select.bet presents its customers with a clearly arranged website in a modern design. Since the bookie mainly uses neutral colors – gray, black and white – only a few users are likely to be bothered by the appearance of the site. The following features distinguish the platform:

Classic layout: left – events and leagues | center – betting markets | right: betting slip
German language website version
User-friendly design, also suitable for beginners
Six different odds formats can be set
Other language options: English, Finnish, French, Italian, Norwegian, among others
Betting slip fixed

Other Offers

Select.bet is not only active as a betting provider, but also operates an online casino. There you will find jackpot slots, table games and a live casino in addition to conventional slot machines. Boredom certainly does not come in this arcade, because the provider can call more than 40 providers its partners, including the who’s who of the developer scene, among others:

NetEnt
Microgaming
Betsoft
AMATIC
iSoftbet
Habanero
Novomatic
It is also worth mentioning that there are live tables from six gaming studios here – including Evolution Gaming, of course. In addition, the portfolio also includes TV games, which work on the same principle as live tables and game shows.

FAQ – Select.bet
❓ Is Select.bet trustworthy?
Even though the betting provider has an official license, there are shortcomings in terms of seriousness. On the one hand, it is only a Curaçao license. On the other hand, there are numerous complaints about Select.bet.

〽️ Does Select.bet offer a special new customer bonus?
Yes, new customers receive a 100% bonus up to 100 euros on their first deposit (specify bonus code “SELECT100”). After that you can get a 50% bonus up to 200 euros (use the code “EURO2020SBET).

⭕️ Does Select.bet offer live streams?
Yes, but the live broadcasts are limited to the area of eSports. All bettors who have already made a deposit at Select.bet can watch the streams.

✅ How and when can Select.bet support be reached?
The round-the-clock customer service can be reached via live chat and e-mail. However, the bookmaker does not offer a hotline.

Can mobile users also place bets with Select.bet?
Yes, the bookmaker has optimized its website for smartphones and tablets. However, a download app is not offered.