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Particularly attentive observers of the Bundesliga might already be familiar with the name Betano.com: After all, the young bookmaker acted as an advertising partner of VfB Stuttgart for a long time.
This, but also the steep rise of the new betting provider, gives our sports betting experts every reason to subject Betano to regular tests from now on.
Like the Greek betting giant Stoiximan, the online bookie – not to be confused with the city of the same name in East Timor – has been part of the Kaizen Gaming Company based in Athens since July 2020.
In addition to Betano and Stoiximan, the parent company has acquired the Austrian bookies Tiplix, which, like Betano, was previously operated by the Upper Austrian company Betkick Sportwettenservice GmbH.
In 2019, the merger of Betano and Tiplix took place.
This shows that there is a great deal of know-how behind Betano.com.
However, the friends of sports betting basically care about completely different things:
How extensive is the Betano betting program, how good are the Betano betting odds and how high is the Betano customer bonus? And is Betano reputable at all?
These are the most important questions that the tipster community is asking. We got to the bottom of them and of course provide the answers in the following Betano Review.
Betano: Our experiences with the betting provider
The following detailed Review summarizes those experiences that our test editors have made with the betting provider Betano in the individual test categories over the course of the last few years.
To ensure better readability, the article has been divided into 10 test areas, which are evaluated individually and one after the other.
1.) The Betano betting odds
The betting odds are a very important indicator for the friends of sports betting – perhaps even ultimately the most important.
The reason is obvious: for the capital invested, there should be the highest possible profit.
That’s why we always take a particularly close and critical look at the betting odds of the betting providers – and so of course with Betano.
In our test period, we noticed that the bookie newcomer offers a very good odds level:
For the games of the German Bundesliga – logically the main field of activity for German bettors – the odds key is a whopping 96 percent. That is a really good value!
And Betano.com can also convince with the league games of the English Premier League. Here, there is also a payout key of 96 percent.
It is usual that the amount of the odds key decreases when the importance of the respective league or its games decreases as well. It is no different at Betano.
But before a few worries arise for those bettors who like to play away from the big leagues, it should be mentioned that the performance gap is only quite small.
Example: In league matches in the highest division in Ethiopia, the odds ratio is still a whopping 91 percent.
And the Ethiopian Premier League is truly not the big field of activity for the German betting community.
But also the league games in the top division of Romania, there is a very high odds level. Here, the payout key is a whopping 95 percent.
This is true both for the major soccer leagues – matches in the Spanish LaLiga, for example, have an odds key of around 96 percent – and for those that are not quite the focus of the German sports betting community, such as Romania or even Ethiopia.
Betano.com’s high odds level is not limited to soccer, but can also be found in other sports – such as ice hockey.
The game with the puck is very popular among German bettors, especially in the winter months, and that’s why we take a closer look at these odds.
For the games of the NHL, Betano offers its customers – and all those who want to become one – an odds key of about 93 percent. Likewise for the games of the DEL or the Russian KHL.
However, Betano also offers this odds level in sports where two-way bets are offered, for example, in tennis betting or basketball betting (NBA).
2.) The Betano betting offer
The second important cornerstone of a betting provider is the betting offer.
Little surprising, because you want to have as much choice as possible – not only in the “king discipline” soccer, but also in other sports or categories, such as ice hockey betting, if necessary.
At Betano.com these wishes are fulfilled! The betting program has basically everything to offer what the inclined betting friend wants.
The “classics” like soccer, tennis, ice hockey, basketball and volleyball are fixed points anyway – you can’t do without them – but apart from that Betano has many other sports to offer.
From motorsports (Formula 1, rally, motorcycle, speedway) to martial arts like boxing, there are other category here like cycling, table tennis, water polo, badminton, rugby, darts or cricket.
In addition, there are also social bets, where it is possible to bet on the Oscars or the Song Contest. In addition, Betano also has political betting in its repertoire.
Gaming bets have enjoyed great popularity for years (for example, on EA FIFA or Counter Strike) and it can be assumed that the interest will increase rather than decrease.
At the moment, social, political and eSports bets cannot be found in the bookmaker’s betting offer – the reason for this is the ongoing licensing procedure in Germany.
Despite everything: The main focus is on football betting. Betano has a very extensive range to offer here.
From the major European leagues, such as Germany and England, where the betting offer extends to the fourth or even fifth division (or even lower), the selection stretches across South America to Africa and Asia.
The “Rest of the World” section includes leagues and matches from Ethiopia, Bahrain, Saudi Arabia, Palestine, Bangladesh, India and Qatar.
For the sake of completeness, however, it should also be mentioned that there are online betting providers who have even more to offer. Because lower performance classes, for example in Brazil or the second league in Iran, are not included at Betano.
This is complaining on a very high level, after all, Betano has not been around for long either. Therefore, the following applies: Betano football betting is very detailed and should more than fit the upscale demands.
Things are not much different with the Betano tennis bets. There is a huge selection here as well.
The benchmark for tennis betting in general is not so much the Grand Slam and the ATP and WTA tournaments, but the selection in the lower levels of the sport. At Betano this is immense!
The tournaments on Challenger and ITF level are offered almost completely throughout the year.
This is fully okay in terms of quantity, even if there are betting providers that are even a bit better positioned in the ice hockey area.
Lower performance classes, such as the DEL 2, the Russian MHL or VHL are not to be found at Betano.
Betano, on the other hand, can score well in the social and political bets.
Here, the offer is very extensive compared to some of the better-known competitors. If you like to bet outside of sports, Betano is certainly the right choice for you.
3.) The Betano Live Betting
In the Internet age, live betting is that area that has probably made the biggest splash in the sports betting market in recent years.
Through smartphone and tablet, it is possible to bet at any time. Knowing this, it is little wonder that Betano puts a big focus on the live betting area.
The offer at Betano is really impressive. Since the betting offer is already very extensive, this quality is also reflected in the live betting.
The flaw that betting provider newcomers have in the live betting segment is largely in the technical area. Here, the betting provider giants such as Bet365 or Interwetten are clearly better positioned.
Nevertheless, Betano can offer a live betting center that is well worth seeing.
These 5 most popular sports at Betano live betting:
- Ice hockey
The overview shows all events that are currently taking place – neatly sorted by sport.
Under “Favorites”, as the name suggests, favorites can be created and in the live calendar you can see what is still taking place on the respective day.
An important criterion for live bets are of course the odds.
With most betting providers it is the case that the odds of the live bets drop by about 2 percent compared to the pre-match bets – with Betano.com it is basically no different.
However, the advantage of Betano over other providers is obvious: Due to the already very good odds before the start of the event, the live odds key does not drop so drastically.
Betano does not offer a live stream.
4.) Deposits to a Betano betting account
The bad news: Betano offers only a small selection of deposit options.
The good news: the main variants are provided. These are credit card, Paysafecard, PayPal, instant bank transfer and Skrill.
Which options are available for deposits to the Betano betting account are shown at the very bottom of the website.
However, some questions remain unanswered: Are there limits? Are there any fees? How long do the deposits take?
All of this only becomes apparent once an account has been opened at Betano. In this context, it is all too understandable that before opening an account, you want to know whether there are fees or not, for example – and if so, how high they are.
In a nutshell: There are no fees for deposits (no matter how they are deposited into the Betano betting account).
As for the limits, it looks like this:
- Bank/Credit Card: Min. 5 € , Max. 5.000 €
- Sofortüberweisung: Min. 5 €, Max. 1.000 €
- Paysafe: Min. 5 €, Max. 1.000 €
- Skrill: Min. 5 €, Max 5.000 €
5.) Payment of betting winnings at Betano
As withdrawal options Betano offers the same as they are available when depositing.
The reason for this is: the payouts are processed via the payment method that was used to make the deposit. If the deposit was made by credit card, the withdrawal will be made by credit card.
The exception is the Paysafecard. Those who deposit via this prepaid card can subsequently withdraw via bank transfer.
While other betting providers offer a variety of payment options, Betano limits itself to the most important ones.
It is fine for most, and those who prefer Neteller, for example, will have to choose another payment method.
One drawback, however, is that there are only eight free withdrawals per month. From the ninth withdrawal on, there are fees: Via Skrill 2%, with bank transfer it is 5%.
This is also a serious point deduction – and more than usual – because these fees are not listed anywhere, but only come to light after consultation via live chat.
6. the customer service of Betano
When it comes to customer service, Betano tries to keep up with the big players in the industry right off the bat.
This is the only way to explain the fact that a live chat is offered 365 days a year and 24 hours a day. Since this also works quite reliably, this is certainly a plus point.
In addition, Betano is of course also available via email. Simply send an email to email@example.com and you’re done. The response time is quite short.
Betano does not have a hotline (which is a pity), but it does offer a callback service (which we like very much). This is an advantage in that there is no time wasted on hold.
The callback service works very simply: log in, fill out the form, and the desired callback is made during office hours between 10 am and 10 pm. In our test, this worked perfectly!
The FAQ section is available and offers questions galore. The only disadvantage of the FAQ section is that you can quickly lose the overview and have to search a bit longer for the right question.
7.) The website of Betano
The website of Betano is top at first glance. It is modern and clearly designed and convinces with functionality.
At the top are the top events of the day advertised – usually soccer games – in the left column is the betting program, in the middle the most important events of the day with betting odds and on the right are the promotions or the betting slip to find.
It gets a bit complicated and also more confusing when you click a bit further:
While it is quite nice that when you click on “Football” the most important leagues are suggested to you and the whole soccer assortment is structured once again (e.g.: Europe – Main competitions, Europe – Other competitions, North and South America, etc)…
…but, if you click on “England” for example, there are no more subcategories in the left column, but in the middle of the screen the whole England betting range opens.
This starts with the Premier League, but those looking for games from the Championship, League One or League Two, for example, first have to scroll down or click on the gray bars so that the respective leagues “close”.
In any case, other betting providers have solved this better…
The problem is conspicuous in that it is handled differently and better for tennis, for example.
Here, clicking on Tennis opens a submenu in which the respective categories – ATP, WTA, Challenger, etc. – are listed.
On the other hand, the topic of special bets is quite well designed. They are listed quite high up in the right column, even before the actual betting program.
In the “Today’s matches” section, the soccer matches taking place on that day can be sorted by match start or competition using a filter, in order to get a better overview.
The betting slip could be improved.
It does not move when scrolling down the screen. To see how the new selection changes, for example, odds or the potential profit of a multiple bet, it is necessary to scroll up again.
8.) The new customer bonus from Betano
A very important aspect when signing up with a betting provider is the deposit bonus.
Often, tipsters choose a bookie simply because of this monetary “welcome gift”. At Betano, the quality of the new customer bonus can definitely be seen as an argument for signing up.
The first deposit is doubled – the maximum amount that comes as a bonus to the betting account is 100 euros. Under these aspects, the bookie freshman moves in usual spheres.
However, there is a special: for a deposit of 20€ as well as the entry of the promotional code “MAXSPORT”, there is a 10€ free bet on top!
What makes the Betano bonus special is that the bonus is only credited to the betting account once the initial deposit amount has been wagered.
Once the initial deposit amount has been wagered 1x, the bonus must be released. In doing so, a minimum odds of 1.65 must be used 5x. And that within 90 days.
Granted: There are certainly a few more lucrative bonus offers on the sports betting market, but also significantly more complex and difficult.
9.) Security: how reputable is Betano?
Betano may be a new and fresh face in the sports betting industry, but there is no question of a clueless newcomer here.
Like the betting giant Stoiximan, which is roughly comparable to Tipico in Germany in Greece, Betano belongs to the Kaizen Gaming Company.
Stoiximan is, among other things, sponsor of the Greek soccer record champion Olympiakos Piraeus.
Betano is currently the soccer sponsor of SC Braga as well as CS Maritimo from Portugal and Atletico Mineiro from Brazil.
Previously, Betano was a premium partner of VfB Stuttgart and also a betting partner of the EHF Handball Champions League.
In addition to the advertising activities, the fact that Betano, which is operated from Austria, has a Maltese gambling license also speaks for the seriousness of the betting provider.
Another plus point for Betano is that the bookie takes the issue of gambling addiction very seriously:
Betano provides a lot of information on responsible gambling on its website, points out any dangers of gambling and provides information on ways to prevent gambling addiction.
Under the menu item “Responsible Gambling”, one can find information on responsible betting and the control of gambling habits as well as Betano’s prevention precautions and how to set them.
Thus, bettors can set themselves limit options and temporarily block or exclude their account.
In addition, Betano links to several organizations that can help in case of gambling addiction. These include, among others, anonyme-spieler.org or gamblingtherapy.org.
Furthermore, Betano also attaches great importance to data security. This is also attested by the Lloyd’s Register security certificate, which guarantees the highest level of data and information security.
Betano is audited annually by Lloyd’s for compliance with security standards and is subject to an annual assessment by a certified Qualified Security Assessor (QSA), as well as quarterly vulnerability scans.
10. Our experience with the betting provider Betano.
Betano has only been in the sports betting industry for a short time, but the advantages are quickly recognized: A very extensive betting program, excellent betting odds, as well as an eager and well-functioning customer service.
In addition, there is also a website that is visually very successful and also a new customer bonus that can be classified as completely okay.