At first glance it would look like Vietbet.eu is a pop-up site that may or may not be around by the time you’re ready to cash out winnings. Upon some deeper investigation though it turns out the site has actually been around since 2002 and is a very highly regarded sportsbook. The site was acquired by one of the biggest players in the industry (5Dimes) and it seems their resources have improved Vietbet’s stability, reliability, and customer service capabilities.
The first thing you’ll notice about Vietbet is that it’s not ‘sexy’. The home page isn’t very appealing and the blandness extends into the wagering pages, deposit areas, and throughout the site. That being said, it’s much more important to have a site with a plethora of wagering options and safe deposit/withdrawals rather than one that looks neat so that will ultimately decide the final review.
VietBet Company History and Reputation
As stated, Vietbet has been around in some capacity since 2002. The site was obtained by 5Dimes in 2008 but some confusion still abounds the original transaction. For example there were sites VietLuckyBet and VietBetCali that were offering unbelievable signup promotions such as 70% free-play. Both of these were F rated sportsbooks that were obvious scams but the ties to Vietbet were somewhat murky and leery. It appears those issues were sorted out in late 2009 as Vietbet competed the transition to 5Dimes ownership and maintained a B- rating. The three sites obtained by 5Dimes in that deal (Vietbet, BetAnySports, and ChineseBookie) have since boosted their rating to A- and have maintained that since 2010.
The Betting Platform
Once a player logs in to the site they are taken directly to the Sportsbook which alleviates the confusion of trying to find available lines when not registered and signed in. Any experienced (or novice for that matter) online sports bettor will have no problem browsing the availability of wagers offered.
When in the sportsbook the left hand side of the page displays all the available wager types that Vietbet offers which includes straight, parlay, teasers & progressives, If bets, action reverses, and futures. Click on each one of the bet types refreshes the page to see the current sports that are available and active for those types of wagers. The sport list that Vietbet has available is impressive including NFL, NCAA, Canadian, and even high-school football, men’s/women’s/international basketball, MLB, and virtually every soccer, tennis, golf, auto-racing, and MMA matchup. Vietbet also features some truly exotic bets including politics, pro wrestling, and competitive eating to name a few.
Vietbet also contains two features that makes it very appealing to seasoned sports bettors. The first is adjustable lines which are commonplace in the industry but still not available on every betting site. Adjustable lines allow you to select different lines from a drop-down menu, usually within a point or two of the released totals but with different (better and worse) odds. The other feature is something that’s found across most of the 5Dimes platform which is dynamic lines. The lines go up and down in real-time so bettors can lock in their most favorable spread in something that emulates a Vegas sportsbook or the Wall Street trading floor.
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One area where Vietbet doesn’t necessarily go above and beyond as their competitors is with the bonuses and rewards that they offer. It appears that the sites approach is to offer better value continually instead of just seasonal promotions and sign-up or referral enticements. For example they offer a separate section of ‘reduced’ lines that has lower juice attached to it which they refer to as a promotion. Other than that there is a 30% free play on every deposit with a maximum of $300.
Ease of Deposits / Payout Options
As with most overseas casinos, options are incredibly limited for U.S customers. When it comes to depositing to Vietbet the most approved route is through a Visa processor but the method (at first anyway) is far from instantaneous. In order to qualify for a Visa deposit customers need to submit a scanned copies of a picture ID, include both sides of the credit card, plus a filled out and signed authorization form. Bitcoin seems to be the next easiest way to deposit funds, although they are not yet that easy to acquire.
Overall Vietbet is a simple to use and very diverse sportsbook that brings with it the extra security of being placed under the 5 Dimes (an A+ rated book) umbrella. If U.S customers have the patience to submit their Visa card and the associated paperwork required to use it as a deposit method they will enjoy reliable betting for what should be years to come thanks to this site’s association with one of the biggest books in the game.