Powbet Review 2024

Powbet is a recent addition to online sports betting in Ireland, after launching in 2021. Despite being a new brand, the operation benefits from the experience of Rabidi NV, who currently own and manage six online casino brands.

Those on the hunt for new betting sites won’t be left disappointed with Powbet’s offering. New customers can claim a welcome offer of up to €100 in the form of a first deposit 100% matched bonus. There are also ongoing promotions for current players – so read on to find out all about what Powbet has to offer.

Powbet Welcome Bonus & Promo Code

New players who decide to claim the sports betting welcome bonus are not eligible for the casino bonus. The sports sign up offer is for up to €100 in the form of a 100% matched deposit bonus. This new registration offer is subject to the following Terms & Conditions:

The minimum deposit to trigger the bonus is €20 and qualifying singles bets must be placed at odds of 2.0 or bigger. Accumulators must include selections at 1.50 or bigger. Any returns from bets using the bonus do not include the stake and customers must meet wagering requirements of six times the deposit and bonus.

This welcome bonus is transparent and achievable within the timeframe (30 days). There is the option to make a smaller qualifying deposit and qualifying bet. This leads to smaller wagering requirements but the bonus is reduced accordingly. The Powbet welcome bonus is about average for operators who serve the Irish market and provides a good incentive to open an account.

Promotions Available from Powbet Sports

New customers cannot claim the sports welcome bonus and casino bonus. Activating the sports welcome offer means a customer must sacrifice the casino bonus which is for up to €500 and 200 free spins.

The welcome bonus is complemented by a portfolio of offers for current players. In fact, the overall bonus package is one of the best on the Irish market. New and existing customers are well-catered for in terms of free bets and bonuses.

At the time of this Powbet review, current payers could claim the following sports specific and generic promotions:

• Bonus cashback for up to 10% of a customer’s losses over the qualifying week. The minimum cashback bonus is €20 and the maximum cashback bonus is €500. The cashback bonus is only credited to any customer once a week.


• 50% stake refunded for horse racing bets up to €50. Customers must place a qualifying bet at odds of 3.00 or bigger. The minimum value of the qualifying bet is €20.


• 20% cashback bonus for up to €200 for bets placed on live events. The minimum cashback amount is €20 and the maximum cashback amount is €200. The offer is subject to wagering requirements of three times the bonus.


• Enhanced returns from a winning accumulator bet of 10%. The qualifying multiple bet must include three selections or more at combined odds of 1.80 or bigger.

There is a cashback offer of 10% and up to €500 for virtual sports and a weekly reload bonus of up to €500. A jackpot game offers a prize pool of €15,000 which may be shared if there are more than one all-correct entry. The game involves predicting the result of matches in the main European football leagues. The operator also offers Fantasy Sports and Fantasy Casino tournaments.  

The raft of promotions provides bettors in Ireland with a good incentive to open an account with Powbet. The market is crowded with some well-known, established brands among the best betting sites in Ireland and newer operators and Powbet are investing in promotions rather than value in the odds.

Powbet Free Bets

Other operators invest in free bets which are akin to Powbet’s bonuses. However, Irish customers with this operator cannot claim any free bets. Powbet has been operating for less than a year at the time of writing (November 2021). They may introduce free bets once they have a foothold in the Irish market.

Sports and Markets Available at Powbet

‘SPORTS’ is the first option on the main menu on the Powbet website Homepage. This part of the site is divided into three sections:

The sports betting events appear under the headings of Top Leagues, which lists the main events of the day, and Menu which lists all the betting sports. Initially, the menu lists sports in order of the number of current bets for the major sports and then in alphabetical order.

There is also a search box which can be used to locate a team or championship by entering a key word or phrase. Powbet offers customers in Ireland about 40 sports, in pre-match, live and ante-post outright betting markets.

Football is the most popular sport for betting and the English Premier League is the most bet-on football competition. Powbet displays the three-way match result after 90 minutes market (Home Win, Draw, Away Win) with a drop-down menu to about 100 related markets for Premier League football betting.

These markets appear under the headings of Fast Markets, Player Specials, Extra, 1st Half, 2nd Half, corners and Bookings. There are also options for Combo bets and the Bet Builder facility.

Tennis and the four professional and college sports in North America are the next most popular. Customers in Ireland can bet on other global sports, such as boxing, golf and Formula 1. Sports bettors can place wagers on various e-sports franchised leagues.

A red box containing the word ‘LIVE’ indicates in-play betting availability of a sport or event.

The horse racing section features board prices and SP odds. Customers can bet on thoroughbred racing, harness racing and greyhounds. Powbet covers meetings in the UK and Ireland, France, Italy, the UAE and various other racing jurisdictions.

There is also a betting market for virtual events, in sports such as football, basketball, tennis, baseball, motor racing, horse racing and greyhounds. Overall, Powbet offer their customers in Ireland a varied package of sports and markets.

Powbet Sports Betting Features

Powbet offers customers in Ireland the following features which enhance the sports betting experience:

In-Play Betting

‘LIVE’ is the second option on the main menu. Following this option takes users to the main in-play betting page. Live events are displayed under the headings of Live Now, Upcoming and Highlights. The most popular live betting sports are football, tennis and the four main US sports.

Betting is suspended after a key event, such as a goal, red card or penalty in football, break of serve or end of set in tennis or touchdown in American football. The latest odds appear after a short delay and live betting can continue until the end of the game or next major incident.

Live Streaming

There is no live streaming for the major European football leagues, such as the Premier League in England. However, customers have access to a visual display of the progress of play and live match data. Some minor sports and leagues are live streamed at Powbet.

Cash Out

Customers in Ireland can fully or partially cash out bets. Bets placed earlier in a live event or in pre-match betting can be cashed out. The objective is to guarantee a profit or limit the loss before the bet expires. Accumulators can also be cashed out after a number of legs.

The cash out value depends on the stake and odds for the original bet and the betting at the time of the request. There is an adjustment to the odds because you are getting a guarantee of a return and insurance against events turning a winning bet into a losing bet.

Bet Slip

You navigate to a betting option through the search box or menus and links. The Bet Slip is displayed when you make the first selection. You can place bets in singles, doubles, trebles, accumulators and system bets. The options appear as more selections are added to the slip.

Customers select the bet and enter the unit stake. Powbet works out the total stake based on the type of bet and the potential return. Once the required fields have been populated the bettor clicks ‘PLACE BETS’. Most bets are accepted immediately and the account balance is updated.

Registration Process at Powbet Sports

Potential new customers visit the Homepage and click ‘PLAY NOW’. You have to select your welcome bonus as you cannot claim the sports and casino offers. The registration screens appear. You must populate the required fields, enter a Username and Password and enter the optional promo code which activates the welcome bonus. Customers enter personal details and register an email address. Data is secure due to use of the latest encryption software.

The registration process ends with a new customer clicking the tick box to accept the operator’s Privacy Policy and the Terms & Conditions and confirming that he or she is aged 18 or older. A new customer must verify their identity by sending the appropriate documents to Powbet. You would expect a brand that is part of an established and experienced group to have active verification procedures in place and Powbet provides those facilities.

The registration process is quick and seamless with Powbet. The sign-up procedure does not provide a disincentive to join this operator. The Password is subject to requirements in terms of the number of letters, numbers and special characters. There is a system in place to rest a Password if it is misplaced or forgotten. The deposit options are discussed below.  

Powbet Sports Desktop Experience

Powbet operates across the platforms of desktop, mobile and tablet. The desktop experience is outstanding and the major functions work well. The search box allows customers to locate betting on teams and championships. Account holders in Ireland enjoy a positive online sports betting experience.  

Depositing and Withdrawing at Powbet Sports

Customers in Ireland can deposit betting funds using debit and credit cards, e-wallets, pre-paid cards and cryptocurrency, which is not possible with every Ireland-facing operator. Deposits are immediate and free of charge and subject to a minimum which is usually €20 to activate the bonus. The maximum deposit depends on the customer and the betting history but €5,000 is typical.

Customers withdraw funds using the same methods. The qualifying requirements are stricter and there can be delays of a few days. Some providers may impose a charge for carrying out the transaction. The minimum withdrawal is €10 and the maximum can go up to €5,000. Funds from the welcome bonus can only be withdrawn after the wagering requirements have been met.

Betting Odds at Powbet Sports

Powbet does not offer any enhanced odds in sport or Extra Places in racing. However, their regular odds are competitive and provide a valid reason for opening an account.

The built-in margin for the three-way match result in football is 105.17%. The same margin with Paddy Power, Ireland’s most well-known bookmaker, is 106% so Powbet offer better value but only marginally. In horse racing, Powbet compiles their markets with a margin of about 4% per runner, compared to 3% with Paddy Power, so offer less value than a main competitor.

Mobile App

There is no dedicated mobile betting app but customers have access to a Powbet mobile sportsbook. The mobile version mirrors the desktop in terms of betting and account management. The mobile product is easy to navigate and intuitive. Mobile users do not enjoy the benefits of a dedicated welcome bonus and ongoing promotions. However, all customers can take advantage of the sign-up offer and promotions for current players on their smartphones and tablets.