Olimpbet bookmaker review: trust rating and honesty check

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16 February 2024 , 18:26

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by BET RATING

Olimpbet — the largest Kazakhstani bookmaker operating in the sports betting market since 2020 . The company attracts players with its stability and reputation as a reliable partner.

Olimpbet is a recognized leader in the industry, awarded several national and industry prizes: «Choice of the Year in Kazakhstan», «RB Award», «PR Room» and others.

The operator accepts bets on the official website olimpbet.kz, in the mobile app and at the land-based betting point in a special gaming zone in the city of Konev at the address: Industrial St., 8.

More than 30 disciplines are available for forecasting, including popular sports like football, hockey, tennis, MMA, and esports, as well as more exotic options like bare-knuckle fights, snooker, floorball, and others. The bookmaker's offerings are distinguished by a wide range of events, responsive support, and fast payouts.

The Olimpbet loyalty program «Bonus Club» is not only loved by the bookmaker's clients but has also been awarded as the best in betting («Choice of the Year in Kazakhstan» 2022, 2023 years). Additionally, the bookmaker constantly offers players promotions with valuable prizes, including cars, apartments, and trips to major sporting events.

Olimpbet is a strategic investor in the country's sports industry and has contracts with many federations, clubs, and athletes.

These include the Kazakhstan Football Federation, the Federation of Freestyle, Greco-Roman, and Women's Wrestling of the Republic of Kazakhstan, the Baige Federation, the Kazakhstan Table Tennis Federation, the Kazakhstan Martial Arts Association, and the Republican Chamber for Breeding Horse Breeds.

Among the football clubs supported by Olimpbet are popular teams among Kazakh fans such as: «Aktobe», «Astana», «Atyrau», «Kaisar», «Ordabasy», «Tobol», and «Shakhtar».

Additionally, the bookmaker has signed sponsorship contracts with MMA promotions Nomad and Alash Pride.

It is noteworthy that at the «Choice of the Year in Kazakhstan» awards, Olimpbet has consistently won in various nominations for several years. In addition to the aforementioned award for the best loyalty program in betting «Bonus Club», this also includes: Bookmaker No. 1 in Kazakhstan, App No. 1 for betting, and Investor No. 1 in sports in Kazakhstan.

Let's see how attractive the gaming conditions on the Olimpbet resource are, examine reviews from real people, and discuss all the pros and cons of the company.

License and Reliability

According to the provisions of the current legislation of the Republic of Kazakhstan, the gambling establishment Olimpbet operates in the field of bookmaker services based on license No. 23019645. This permit was issued on 06.09.2023 to the entity LLP «NetBet (НэтБэт)», which is the managing operator of the bookmaker and the rights holder of the eponymous brand. The parent structure (BIN: 170140017744) is registered at the address: 040803, RB-Kazakhstan, Almaty region, Konev G.A., Konev city, Saken Seifullin St., building No. 26/1, non-residential premises 3.

The licensor is the Republican State Institution «Committee of the Tourism Industry of the Ministry of Culture and Sports of the Republic of Kazakhstan». The certificate is valid until March 9, 2027.

All stated data is confirmed by relevant excerpts from official sources, active links to which are provided on the website olimpbet.kz.

Official Website

At first glance, the official website of the bookmaker Olimpbet does not impress with innovative design or remarkable interface. However, the simplicity of the resource's design does not diminish its comfort in terms of navigation and understanding the logic of placing the main reference blocks and gaming sections. Each element is in its place, and the contrasting color scheme facilitates easy perception of information, even if you are trying to figure out sports betting and the structure of an online bookmaker for the first time.

The header of the site, that is, the top part of the Olimpbet website, contains everything a bettor might need. Readable fonts and a concise structure are used. This block is not overloaded visually or in terms of usability. All links are arranged conveniently and clearly labeled according to their purpose.

The upper part of the portal is conditionally divided into three sections:

1. Localization and authorization panel — here you can change the language version of the website, set the format for displaying odds and time zone, and log in to Olimpbet if an account was previously created.

2. Key sections feed — «LIVE», «LINE», «BET 24/7», «CYBER BOOM». 

3. Main menu — «BONUSES AND PROMOTIONS», «RESULTS», «LIVE RESULTS», «STATISTICS», «RULES», «SUPPORT», «QUESTION — ANSWER», «ABOUT US».

The sidebar on the left is traditionally reserved for displaying the bookmaker's line, with a quick search by the name of the sport/championship/tournament/league/team. You can view the event schedule, compare the statistics of selected opponents over a specific period. If you go to the page of any of the available disciplines for betting, a window with a coupon for placing bets and viewing the history of already calculated forecasts will appear on the right. All information is visually grouped, regarding both personal account management sections and match cards.

In summary of the Olimpbet website review, it can be stated that the platform developers did not take risks by sacrificing functionality for aesthetic appeal. A simple black-coral interface, minimal distracting components, intuitive navigation — this is perhaps the universal formula for success.

Sports events and bets are easily found, information about odds and game statistics is presented clearly and accessibly. The portal responds instantly to client requests, and more is not required from it.

Olimpbet App and Mobile Version

From smartphones to tablets — enjoy betting, test your knowledge and intuition on any device. The bookmaker Olimpbet supports all sports enthusiasts by releasing a multi-platform app for iPhones and Android devices. It allows you to manage your gaming account with just a couple of taps, having the same set of options as the full-fledged bookmaker's website. With it, bettors will not miss any important event, will not miss any profitable bonus, and will always be aware of the latest trends. Download the Olimpbet app.kz is available for free from official sources, including the mobile version of the bookmaker's website.

In the functional arsenal of the Olimpbet app, there is the ability to bet on everything that moves and not so much: from football matches that excite fans to chess tournaments where all emotions are hidden behind a mask of impenetrable calm. In the downloadable client, players will find:

● A comprehensive event listing;

● Rich pre-match and live lines;

● Online bets on all types of sports;

● Free live broadcasts of matches;

● Updated statistics and results;

● Non-stop support ready to answer all questions.

Users who have already decided to download the Olimpbet app on their phones have highly appreciated its capabilities, convenience, and reliability. Over 32 thousand positive reviews serve as confirmation of this.

So, if you are ready to test your analytical skills, check how well you know your favorite team, the mobile app Olimpbet.kz will not disappoint.

Registration and Account Identification

To open an account with the bookmaker Olimpbet, visit the official website of the betting company or use the aforementioned apps. The procedure itself does not take much time and is carried out in a standard manner.

The instructions for creating a profile boil down to the following steps:

1. Click the «Register» button.

2. Provide a valid mobile phone number. 

3. Confirm that you are at least 21 years old.

4. Consent to the processing of personal data and acceptance of the Rules of LLP «NetBet».

5. Confirm that you are not a robot in the reCAPTCHA checkbox.

After that, an SMS message will be sent to the specified number, and the one-time code must be entered in a special field for subsequent authorization. 

To make a deposit, place bets on sports and withdraw funds you need to fill out the identification form. In the identification process, you need to provide scans or photocopies of identity documents. This can be an ID card, passport, residence permit of the Republic of Kazakhstan, or driver's license. In terms of time, identificationtakes from half an hour to 3 working days — depending on the workload of the department and the quality of the documents.

Account ownership verification will be initiated by the security service upon the first request for cashing out winnings, or it can be completed in advance through the personal account.

Betting Options and Odds of the Bookmaker

By collaborating with official odds providers and major sports federations, the bookmaker Olimpbet ensures a competitive line of events. A total of 33 disciplines are supported, none of which are empty in the pre-match.

Live coverage is slightly worse, but quite decent — top games are sufficiently represented, and there are quite a few secondary leagues, low-ranking, and even regional divisions. Objectively, there are no reasons for complaints, but seasoned bettors may justifiably complain about the not very diverse betting options on statistics in real-time mode. In this regard, the bookmaker still has room for growth.

Since we have touched on the topic of markets, it is expected that football, tennis, hockey, basketball, esports, volleyball, and MMA lead in the number of markets open for prediction. For popular matches, up to 1000 various outcomes are offered, while mid-tier matches receive no more than 500-600 betting options. Exotic sports lag significantly behind in terms of betting offerings, but playing the main big markets is not a problem. Clients have access to:

● Bets on the outcome of the competition;

● Double chance;

● Handicap, including Asian handicap;

● Total;

● Comparison by halves / periods / games / sets.

 Regarding the margin of the bookmaker Olimpbet, we can assert that they are not greedy. On average, commissions are set within 3-5%. For live betting, this figure is higher by 1.5-2%, which is not critical. The largest share of the company's profit is built into the odds for small markets, but even here the «costs» do not rise above 7-10%. At the same time, the odds are usually pleasing, as they are close to top international levels.

There is no totalizator on the platform. Bets are placed in the form of singles, accumulators, and systems — at your choice. The «CASH OUT» option is available, allowing you to reduce potential losses when the prediction does not justify itself.

Payment Methods

Experience in ranking bookmakers shows that having a wide list of payment methods, including popular and reliable ones, indicates that the brand values its clients and cares about their security. Let's check how Olimpbet has performed in this regard.

Account Top-Up

Depositing funds into the gaming balance at Olimpbet is as easy as withdrawing money. The procedure is carried out through the «Top Up Account» tab, where the following methods are available for transactions:

1. Bank cards VISA, Mastercard, MIR, and Kaspi.kz.

2. E-wallets Wooppay, Qiwi, etc.

3. Mobile payments Kcell, Altel, Tele2, etc.

Additionally, you can deposit cash at land-based betting points and self-service terminals.

No commissions are charged for depositing funds. The minimum deposit amount is 10 tenge, although this is not applicable to all payment agents. In some cases, it is 100 KZT.

Withdrawal of Funds

In the bookmaker Olimpbet, funds can be withdrawn using the same methods as deposits. However, you must not forget about a number of important requirements:

1. After topping up the balance, at least 50% of the deposited amount must be wagered, which is quite loyal. 

2. Activated bonuses for registration must be wagered, as well as other prize rewards. 

3. You must successfully complete verification.

4. If the currency of the gaming account does not match the currency of the funds transfer, the exchange will occur automatically at the official current rate.

For each method, the request for withdrawal of funds is processed from 15 minutes to 24 hours. The average time is three hours.

Taxation of Winnings

The bookmaker Olimpbet does not charge additional fees for withdrawing earned money. The support service reports that the bookmaker transfers the amount of winnings in full, without deducting personal income tax and compensating it in favor of the client. Player reviews confirm this.

Olimpbet Promotions and Bonuses

Currently, Olimpbet bonuses include 4 loyalty reward programs:

● 100% Cashback on the first bet up to 100,000 ₸. If the prediction does not succeed, the bookmaker will return the entire amount of the bonus balance;

● Cashback of the day — special events every week with increased payouts for unsuccessful bets;

● Khan Express gives up to 100% bonus on each winning accumulator;

● Bonus club — upon reaching VIP status, the user unlocks cashback of up to 20% for 1 month and 25,000₸ in real money for unlocking each new level.

In addition to the constant benefits, the gambling operator conducts regular, seasonal, and thematic promotions with valuable prizes. There are also no shortage of no-deposit bonuses and free bets. For example, only from the end of 2023 to the beginning of 2024, the bookmaker conducted giveaways worth several hundred million tenge, offering trips to Abu Dhabi for MMA, cars, significant amounts of money, and top models of Apple technology.

Perhaps Olimpbet is not the most generous bookmaker in terms of starting packages, but its large-scale promotions are unmatched. Yes, the welcome bonus is modest, but it should not be the sole criterion for judging the entire incentive program, as we are dealing with a long-distance runner, not a sprinter. The marketing team of the service clearly works with an eye on the long term, aiming not only to attract as many new players as possible but also to earn the love of regular customers. Based on user reviews, they achieve this with solid 5+.

Contacting the Bookmaker's Support Service

Olimpbet clients have several channels to contact consultants. If there are disputed issues, problems, or difficulties that could not be resolved in the FAQ section, you can directly contact the online chat. The latter is available 24 hours a day, 7 days a week.

Want personal contact? Then call the hotline at 7-7-5-7 (*for all mobile operators in Kazakhstan). For suggestions and commercial offers, it is better to write to the email: [email protected].

FAQ

How to download Olimpbet?

To download the Olimpbet mobile app, visit the official website of the bookmaker. If you do this from a smartphone, you will automatically be offered to download the client for Android or iOS.

Where to find promo codes from the Olimpbet bookmaker?

To obtain bonus codes, you need to monitor the company's representative resources, especially on social networks, study specialized forums, ratings, and review sites for betting.

What is the difference between the official website olimpbet.kz and olimp.bet?

The main difference lies in the jurisdiction under which each of the projects falls. Formally, it is one brand, but legally, administratively, and even operationally, they are managed by different teams and divisions. At the same time, the beneficiary is common, while the markets of interest differ — olimpbet.kz operates in Kazakhstan, while olimp.bet operates in the territory of the Russian Federation.

TEXT CHECK FOR UNIQUENESS: 99.15% 

Ratings

  1. Reliability — 5.
  2. Bonuses and promotions — 5.
  3. Payment convenience — 4.7.
  4. Live line — 4.7.
  5. Pre-match line — 5.
  6. Support service — 5.
  7. Odds — 4.9.

Pros

Cons

A wide range of events covering many sports and tournaments.

No section with educational materials and free predictions.

High odds.

Limited betting options for some matches.

Acceptable margin.

«Clunky» website design.

Loyalty program with point accumulation and privileges.

 

Simple and clear platform interface.

 

Support for various payment and withdrawal methods.

 

24/7 support service.

 

Guaranteed payout of winnings.

 

 

Comments 7

on the site, to add a comment, like or dislike.

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avatar
Kirill

16 February 2024 , 19:22

Olimpbet has arrived, cool!

avatar
Arian

19 February 2024 , 19:50

Everyone knows Olimpbet, but they should update their website.

avatar
andreykz

24 February 2024 , 11:40

"Olimpbet" has been tested over time!

avatar
Кирилл Пантюхин

21 April 2024 , 16:06

Today I registered here, well, on the Olimpbet site. Before making a deposit, I thought it wouldn't hurt to check the reviews, but so far I haven't figured out whether to trust it — some praise it, while others criticize it.

avatar
Иван Караман

23 April 2024 , 18:53

Wow, the praise came in strong at the beginning)) But I won't argue, everything about them is beautiful, truly a top-notch betting company in Kazakhstan.

avatar
SportGusar

27 June 2024 , 16:43

I'm planning to make an express bet on several matches of Euro 2024. What tips can you give to increase my chances of winning?

avatar
Соколов Иван

28 June 2024 , 08:59

This company was my lucky choice for Euro 2024. Although I encountered some minor technical issues, the overall impression is positive.

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