While the Swedish founders initially caused a sensation with their gambling offer launched in 2011, the portfolio has also been supplemented by an extensive sports betting offer since May 2016.
In this Reviews you will now find a detailed description of the Leo Vegas experiences that our test editors made with the betting provider in the individual test categories.
Update: After the opening of LeoVegas for the Austrian betting market in autumn 2019, the betting offer of LeoVegas is now exclusively available to customers from Austria and Germany.
Since Leo Vegas is still a relatively young bookmaker, the contents of the experience report are subject to regular updates – after all, it takes a certain amount of time to form a final picture of the industry newcomer.
1.) The LeoVegas betting odds
Thanks to a payout ratio of between 93% and 94%, the betting odds are undoubtedly one of the strengths of Leo Vegas.
Especially soccer players can benefit from attractive offers on a regular basis.
As expected, the payouts are particularly lavish when it comes to the top European leagues.
For games in the Premier League, the Primera Division or the Bundesliga, the betting provider almost always cracks the odds mark of 96%. In some cases, even values of 97% and just above are possible.
If, fortunately, the German elite league also plays in the very first row, above-average values can also be calculated for the 2nd league.
The odds key of around 94% applied here is not even reached by some competitors for the absolute top events.
If, on the other hand, Austrian soccer has to be content with payouts of only 92% of all stakes, it often goes down even further in the exotic divisions.
The payout key, which sometimes falls below 90%, indicates an enormous fluctuation range of the odds.
Such fluctuations can then also be traced in the other sports.
While betting odds of 95% and more are achieved in tennis and US sports, the values in handball and volleyball are only around 93%.
In conclusion, it should be noted that no particular specialization is recognizable at Leo Vegas.
However, we believe that we have recognized that with this betting provider, especially favorite tipsters can hope for occasional outliers to the top.
2.) The LeoVegas betting offer
If Leo Vegas was initially launched in May 2016 with 25 sports, the offer has been continuously expanded since then – of the now around 35 available disciplines, numerous off-the-beaten-path preferences are certainly covered.
Not exactly mass-compatible pastimes such as bandy, boboll (pesäpallo), cross-country racing or floorball already point to the considerable versatility of the betting offer, which is available at practically any time.
A gratifyingly large selection of non-sports bets also takes social life into account:
It reveals an unexpectedly intellectual claim that even future Nobel Prize winners can be bet on here.
Social, political and esports bets are only available to customers from Austria.
In the case of the naturally particularly extensive soccer betting offer, meanwhile, it is realistically no longer even possible to offer a few previously unnoticed leagues:
The world of soccer has long since been surveyed by betting providers down to the last square meter.
One gap in the betting offer of LeoVegas is the eSports division. LeoVegas dispenses entirely with eSports betting in its portfolio in favor of compliance with sports betting licensing requirements in Germany. Customers from Austria can still place eSports bets at LeoVegas.
It is therefore all the more respectable that Leo Vegas has a full program to offer from the beginning, which does not have to shy away from the comparison with Bet365 & Co:
Soccer betting offer at a glance
Even the selection beyond the European borders seems almost inexhaustible.
Nevertheless, it is immediately obvious that the betting provider feels particularly at home in the UEFA catchment area.
While almost all first-class leagues are represented here, in the somewhat larger nations, the betting provider dives into the depths with pleasing consistency.
In England, for example, which is particularly richly endowed with professional leagues, even the top amateur leagues are covered with regular betting offers.
As a kind of German equivalent, the fourth-class regional leagues are also on board (see illustration).
It proves to be a forgivable sin that the top leagues are not represented as well.
For a bookmaker that recruits its customers primarily in the UK and Scandinavia, Leo Vegas does quite a lot right even in this country.
This can be said of the special bets as well, by and large.
After all, it certainly doesn’t have to be a disadvantage that the newcomer consistently rejects the gigantomania of many competing providers with 130 betting markets for the top games.
3.) LeoVegas Live Betting
Compared to the classic betting offer, the live betting center is no less well equipped.
Every day, a high three-digit number of sporting events vie for the favor of live bettors.
The considerable quantitative abundance already suggests that by no means only soccer is represented in the live betting calendar with the prominence to be expected.
The enormous variety of sports once again makes it clear that the “long tail” is continuously gaining in importance.
In addition, the obligatory special bets are also taken into account in appropriate detail.
If, for example, two halfway relevant soccer teams are on the pitch, the fight for the points is accompanied by a high double-digit number of betting markets.
These are often supported by live streams in HD quality, taking the live betting experience to a new level.
It should be noted that live streams may be subject to restrictions due to legal or regional reasons.
If live streams are not available for certain events, animations that show the course of the game and display useful statistics will help.
4.) Deposits to a LeoVegas betting account
When it comes to loading the betting account, Leo Vegas comes up with a large number of deposit options.
The betting provider has a large selection of fast and also secure variants up its sleeve for its customers to make deposits to the LeoVegas betting account.
Only the prominent payment service provider PayPal is not among the deposit options.
Furthermore, Leo Vegas offers the two most popular credit cards (MasterCard and Visa) as well as Sofortüberweisung, Neteller, Trustly, Skrill, ApplePay and PaysafeCard or MuchBetter.
In addition, all deposit transactions are processed completely free of charge.
Leo Vegas has set a minimum deposit of 10 euros for all available methods, while the upper limit is subject to considerable fluctuations depending on the chosen method.
5.) Payout of betting winnings at LeoVegas
Betting winnings are preferred by Leo Vegas with the procedure already used for deposit on the way.
If, for example, Neteller was used to fund the betting account, the e-wallet is also the first choice for payouts.
Table of Leo Vegas payment options:
|Type:||Fees and Costs Deposit||Fees and Costs Withdrawal|
|Instant Transfer||0%||3 per month free of charge|
|Credit Card||0%||3 per month free of charge|
|Skrill||0%||3 per month free of charge|
|Neteller||0%||3 per month free of charge|
|Trustly||0%||3 per month free of charge|
|Bank transfer||0%||3 per month free of charge|
|PaysafeCard||0%||3 per month free of charge|
As an alternative, customers also have the bank wire, which is still reviled when it comes to deposits.
For obvious reasons, this option is of increased interest, especially after using the Paysafecard.
Regardless of the payment method in question, Leo Vegas processes three payouts per month free of charge; for each additional transaction, the bookmaker adds a contribution to expenses in the amount of 3 euros.
If the bookmaker reserves the right to satisfy payment requests within five business days, the profit can usually be expected much faster.
With instant bank transfer, good customers are often served within just one hour.
In order not to arouse too great expectations, however, it remains to be noted that the other procedures then already take a little more time.
Even Neteller, which is actually known as particularly fast, can usually only report the receipt of money on the next calendar day.
6.) The customer service of LeoVegas
For a recently launched betting provider, Leo Vegas has an amazingly convincing service offer to offer.
Customers can be taken care of around the clock via live chat, telephone and e-mail.
It is particularly commendable that customers from Germany, Austria and Switzerland have a toll-free service number at their disposal, which can usually be reached 24/7 (note: German service with limited business hours!).
If possible problems can be clarified most quickly via the practical live chat, Leo Vegas obviously also empties the electronic mailbox on a regular basis.
Requests via e-mail are usually answered within an hour, which is helpful at best.
Those who shy away from contacting the bookmaker directly are also excellently served in the pleasantly well-stocked FAQ section.
Moreover, it can also be worthwhile to take a look at the general terms and conditions, which have been worked out down to the last detail.
7.) The LeoVegas website
If normal websites are usually optimized for use on mobile devices, Leo Vegas seems to have gone the opposite way here – which is why the betting provider also exudes a peculiarly reduced flair on the classic desktop.
On the one hand, it is certainly not a shortcoming that the newcomer considers attention-grabbing banners and similar jokes to be dispensable, but on the other hand, we would have liked to see a more varied design of the website.
In view of the minimalism and lack of color, a feeling of boredom soon sets in during regular visits.
After a period of familiarization, however, we also noticed the first advantages of this layout.
The list format forces you to scroll a lot, but at the same time it offers some practical features, such as the possibility to select favorites so that you don’t have to search for your favorite events for a long time.
At this point, we can see once again that Leo Vegas sees itself primarily as a service provider for mobile betting.
A prominently placed search mask can also help and proved to be extremely practical in our tests time and again.
It is possibly also due to the mobile optimization that the web app shines with significantly shorter loading times.
While the betting provider does not shy away from occasionally pushing the pain threshold of PC users to the limit.
On the other hand, the betting process is reasonably fast and uncomplicated for users of all kinds.
LeoVegas succeeds in summarizing all relevant information and betting options on the nevertheless clearly arranged betting slip.
At the latest, the betting slip also provides information about the fact that the betting provider has to pass on the betting tax incurred in Germany to its customers.
In principle, this is of course an absolutely standard procedure, but Scandinavian bookmakers in particular tend to deviate from it.
8.) The new customer bonus from LeoVegas
The relatively newly launched betting provider Leo Vegas puts the new customer bonus a surprising willingness to experiment on the day.
With a 100% deposit bonus of up to 100 euros in the form of two free bets, the newcomer tries to stand out from the crowd and follows a new trend.
In contrast to many bookmakers, who usually entice with tempting bonuses and sometimes specify complicated and elaborate bonus conditions, the welcome bonus from LeoVegas is not subject to any turnover requirements.
After the initial deposit, LeoVegas doubles the deposit by 100% with up to 100 euros in the form of two free bets.
These are available for free use and do not have to be applied at any specified minimum odds.
The only condition: one of the two free bets is for pre-match bets, the other for live bets.
Overview LeoVegas betting bonus turnover rules:
- Bonus type: free bets
- maximum bonus amount: 100 €
- bonus amount in %: 100% of the 1st bet played
- minimum deposit: 10 €
- turnover requirements: one placed bet
- minimum odds: 1.80 or higher
In addition, only one bet with a minimum odds of 1.80 must be placed beforehand – quasi as a confirmation of his activity.
9.) Security: how reputable is LeoVegas?
While it is often difficult to assess the seriousness of a relatively young betting provider, Leo Vegas is one of the few special cases that can be given the green light without any worries.
After all, the Scandinavians have much more to offer than just a Maltese betting license subject to EU law.
As a company listed on the stock exchange, Leo Vegas is constantly scrutinized by both the stock exchange supervisory authority and countless shareholders.
In addition, the great success to date has also had a positive impact on the sports betting offering.
The fact that the gambling division has received numerous awards in the past few years is undoubtedly a further indication that the company is a serious business.
In practical terms, Leo Vegas also takes the security needs of its customers into account with SSL encryption.
All in all, it can be stated that the newcomer is also one of the numerous white sheep in the betting industry.
10.) Our Leovegas experiences with the sports betting product
Under Leo Vegas Experiences, you will soon learn more about the findings that our competent Review Team has gathered in the course of the past months with Leo Vegas in the area of sports betting. We ignore the other divisions – as always – completely.
FAQ’s about Leo Vegas experience
Is there a no deposit bonus at Leo Vegas?
No, such an offer does not exist at Leo Vegas.
Do I have to accept the Leovegas bonus?
No, of course the Leovegas new customer bonus may be declined.
Can I withdraw the bonus without fulfilling the turnover requirements?
No, this is not allowed and therefore impossible. Before any withdrawal, if a bonus has been claimed, it is imperative that the bonus terms and conditions are met in full.
How reputable is LeoVegas as a betting provider?
When transmitting sensitive data, such as during payment transactions or during registration and the entry of personal information, this is always done via secure SSL encryption. Thus, such sensitive data remains protected from people with criminal intentions throughout.
The betting provider also has official licenses, which have been granted by the Maltese Lotteries and Gaming Authority, for example, and is a listed company. A large number of awards not only stand for the concentrated innovative power behind the name, but are also a confidence-inspiring sign when it comes to serious business.
The seriousness is given due to these mentioned facts. Thus, betting with LeoVegas takes place at a reliable and trustworthy sports betting provider.
At this point, we would like to conclude with a brief overview of what we noticed particularly positively about Leo Vegas and which six major advantages we have worked out that speak in favor of registering with the online bookie, which got off to a promising start.
LeoVegas test: The conclusion:
Strengths of LeoVegas:
- lush betting offer – also beyond the round leather
- excellent odds level in the European top leagues
- the service is exemplary – and also caters to German-speaking customers
- sophisticated web app: one of the most attractive providers for mobile betting
- young betting provider, which nevertheless guarantees absolutely serious work
- the award-winning company is known for its innovative spirit
In the Leo Vegas Facts & Info section, we will soon take a closer look at the history of the betting provider in order to be able to provide a well-founded answer to the question of security and seriousness.