When it comes to MelBet, what can we say? In essence, it appears to be a typical online bookmaker with a Curacao license. It offers the expected array of functions: a wide selection of sports to bet on, special promotions, and even an online casino. MelBet doesn’t dazzle with exceptional features, nor does it disappoint with terrible performance. This article aims to delve into the details of MelBet, empowering you to make an informed decision about whether to use the platform.
In the realm of online gambling, MelBet is a relative newcomer, having emerged in 2021. Since its inception, it has managed to amass a user base of approximately 400,000, as claimed by the company. While MelBet holds a license from Curacao, it operates from Cyprus, a setup somewhat common among online bookmakers.
MelBet is under the ownership of Alenesro Ltd, a registered company based in Cyprus, with registration number HE 39999. Notably, Alenesro also holds ownership of several other online bookmakers. The day-to-day operations of MelBet are overseen by Pelican Entertainment B.V., a Curacao-based company, and their gambling license bears the number 8048/JAZ2020-060. As far as our investigations indicate, MelBet appears to be a legitimate online bookmaker. However, it’s worth being cautious when dealing with bookmakers operating under a Curacao license, as the regulatory framework around gambling and corporate responsibility can be less stringent. Curacao, for reference, is a Dutch island in the Caribbean.
MelBet does not accept Great British Pounds (GBP); instead, it operates with euros and dollars. This is noteworthy as it excludes the USA and much of the European Union from direct currency use. The minimum stake you can place with MelBet is $/€0.30, catering to those who prefer not to wager substantial amounts or are new to gambling. However, MelBet has one of the lowest maximum stake limits among betting websites, capping bets at $/€800 per wager.
In our quest for insight, we scoured various sources, including forums and comments, to gauge public sentiment. To be frank, the consensus was far from favorable. A substantial 41% of users characterized their experience with MelBet as “bad.” Complaints ranged from issues with missing deposits to locked accounts. A recurring concern revolved around the perceived ineffectiveness of the technical support team.
Nonetheless, some websites featured predominantly positive review articles, indicating that while MelBet certainly has areas in need of improvement, it remains a legitimate company striving to provide an enjoyable gambling experience.
Our evaluation of MelBet extends beyond external reviews. Overall, the website itself appears functional without glaring flaws, but it doesn’t particularly stand out compared to other bookmakers. It’s essential to approach online critiques with a degree of skepticism since negative experiences often prompt more reviews than positive ones. However, the presence of a Curacao license should warrant careful consideration.
Pros and Cons
No online bookmaker is without its merits and drawbacks. Here’s a compilation of the pros and cons associated with MelBet, based on our findings and user feedback:
Pros:
Cons:
In summary, MelBet presents itself as a typical online bookmaker with a mix of advantages and disadvantages, making it a viable option for some but not without its caveats.
Have you ever wondered why bookmakers don’t stick with official odds? Well, it’s because they make slight adjustments to increase their profits. This variance between the bookmaker’s odds and the official odds is known as “marginality.” To delve into MelBet’s marginality, we conducted some calculations across five categories.
For high-level football, including matches like Roma vs. Remorse, Dinamo Brest vs. Neman Grodno, and İstanbulspor vs. Konyaspor, we found an average margin of 5%. Surprisingly, low-level football, featuring games like Portsmouth vs. Port Vale, Cold fire vs. Blue fire, and Red Star A.C. vs. Tempete AC, also had a 5% margin. This uniformity is somewhat unusual for a bookmaker.
Moving on to tennis, we observed an average margin of 10% by analyzing matches such as Lehecka vs. Gojowczyk, Griekspoor vs. Popyrin, and Kokkinakis vs. Duckworth. Esports displayed a slightly lower margin than tennis, at 6%, with matches like K23 vs. Forze, Kaufland Hangry Knights vs. Orange Gaming, and Real Valladolid vs. Huesca.
Among the sports we investigated, horse racing exhibited the highest margin, averaging 11%, based on our analysis of events like Palermo, Fort Erie, and Vichy.
Calculating the “average” margin for the entire MelBet platform would be an extensive undertaking, considering the multitude of sports they offer. However, based on the data presented earlier, we can estimate an approximate average margin of around 7.4%. This aligns with what one might expect from an online bookmaker.
MelBet offers various methods for depositing and withdrawing funds from your account. Notably, if you opt for bank card payments, they are exclusively facilitated through ApplePay, an intriguing choice. While unconventional, it’s essential to note that Apple Pay is a secure payment service.
To initiate financial transactions, navigate to the dollar or euro symbol in the top right corner of the website and select either “Deposit” or “Withdrawal,” depending on your intended action.
When making a deposit into your MelBet account, the minimum amount accepted is $/€1. While Apple Pay is a popular choice, you can also use several e-wallets, including Efecty, Davivienda, ecoPayz, Neteller, and PSE. Additionally, cryptocurrency enthusiasts will be pleased to know that MelBet supports various crypto deposit options, including Bitcoin, Litecoin, and Dogecoin.
Interestingly, the withdrawal methods differ from the deposit options, a unique characteristic. Cryptocurrency withdrawals mirror the deposit options, allowing you to withdraw in the same cryptocurrencies you can deposit with. However, if you intend to withdraw via bank card, this option is unavailable. Instead, you can utilize e-wallets such as Jeton Wallet, WebMoney, Perfect Money, Sticpay, AirTM, Skrill, MuchBetter, ecoPayz, Neteller, and Payeer.
MelBet distinguishes itself by not imposing a commission on winning bets, a rarity among bookmakers. However, they do operate an affiliate program, enabling individuals to earn commissions by promoting MelBet. If you use MelBet through an affiliate, keep in mind that MelBet will deduct a 30% commission from the affiliate’s earnings.
The taxation of your winnings is determined by your national government rather than MelBet. To ascertain whether your government imposes a “gamblers tax,” you can simply search online with the query “are bet winnings taxed in [your country].”
Upon signing up for MelBet, you’ll receive a generous 100% first deposit bonus, capped at $100 or €100. No MelBet promo code is necessary; simply create an account and deposit a mere $/€1 to avail of this offer. Notably, this “first deposit bonus” must be used on an accumulator bet comprising at least five different bets.
In addition to the first deposit bonus, MelBet offers enticing promotions for regular customers, including up to 50% cashback on losses (for select events), “Special Fast Games Day” bonuses with free spins on specific days, a 10% increase in winnings on the “accumulator of the day,” and a 30% bonus for deposits made via MoneyGo.
To access the MelBet app, you can download it directly from melbet.com. On the website, locate the “Mobile Application” button, where you can choose to download it for either Android or iPhone devices. While Android users can acquire the MelBet APK download to install the app, it’s advisable to do so only from the Google Play Store for safety reasons. iPhone users will find a link to the MelBet iOS app, which intriguingly directs them to the Russian iOS store.
For those opting for the MelBet mobile app, you’ll need either an Apple or Android device. However, if you prefer to use melbet.com, any device with internet browser access will suffice. Simply visit “melbet.com” to create an account, as we’ll discuss later in this article.
Users who have experienced the MelBet app often express their high satisfaction with it. The app encompasses all the features available on the website, including betting options, bonuses, and access to the casino. However, the notable distinction lies in the user-friendliness of the app’s interface. It allows users to navigate the platform more efficiently, making it easier to find desired features and services.
When visiting MelBet.com, you’ll immediately notice the “top menu” at the website’s header. This menu serves as a central hub for site navigation, offering a range of buttons and options:
Below the top menu, on the homepage, you’ll find information regarding the various betting options available. Here is where you can explore and engage in your gambling activities, selecting specific matches or games to place your wagers on. The platform also provides odds information to assist you in making informed betting decisions.
Towards the bottom of the website, additional options are accessible, and here’s a list of what you can find:
MelBet primarily serves as a platform for individuals to place bets on sporting events, offering a diverse array of sports to choose from. Beyond betting, users can conduct related actions, such as depositing funds into their accounts, withdrawing winnings, reviewing past bets, and monitoring current wagers. Additionally, MelBet provides access to its online casino and bingo sections.
Indeed, MelBet boasts a casino section. While they do offer live table games and poker, the majority of their casino offerings consist of slot machines. Similar to most online casinos, MelBet broadcasts live games from third-party providers, enabling players to engage with users from various betting sites. The live games selection includes classics like roulette, poker, baccarat, and blackjack, ensuring a well-rounded casino experience. However, the sole non-live table game option is poker.
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As mentioned earlier, MelBet features a live casino where users can interact with live dealers during card games. For those less inclined toward card games, alternative options are available. MelBet offers live matches, allowing users to follow real-time events as they unfold. This feature displays live scores and adjusts betting odds in real-time.
MelBet also provides live streaming for select matches, enabling users to view live scores and watch games as if they were watching them on television. To access this feature, navigate to the “Live” section and look for games marked with a TV symbol, denoting that they can be watched live.
A noteworthy betting option offered by MelBet is the “Tot15,” their variation of Tote betting. Tote bets differ from traditional wagers as the money pooled for payouts comes from participants in the scheme rather than the bookmaker. While Tote bets are typically associated with horse racing, MelBet introduces a unique approach. The “Toto15” scheme involves participants receiving a “Toto” ticket containing 15 games to predict the scores for. The specifics of how funds are allocated are not disclosed, but it’s known that contributions come from other participants within the Toto scheme.
Setting up an account on MelBet is a straightforward process. Begin by visiting melbet.com and clicking the prominent orange “register” button. We recommend choosing email registration. You’ll need to provide essential details like your email address, location, and password. After registration, you’ll receive a verification email containing your MelBet login credentials. Your username will be displayed as a number once you’ve successfully verified your account.
MelBet’s verification process is relatively simple, requiring only email verification. There’s no need to submit identification documents initially. However, the security team may request ID verification if any suspicions arise. While this streamlined process allows for easy account creation, it’s worth noting that individuals of any age can technically create an account and engage in gambling activities.
Like most other betting sites, MelBet offers a personal area where users can access account-related information. Upon logging in, you’ll have access to:
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