Octobet Review

Octobet Welcome Offer

Octobet Summary

Launched in 2023, Octobet is brought to you by London-based Octopus Game Limited. Fully licensed and regulated by the UK Gambling Commission under account number 62545, the slick site features a comprehensive sports betting and casino gaming menu.


Here, we take a look at what Octobet serves up from a sports betting perspective, including information on the Welcome Offer, Regular Promotions, Sports, Markets, and more.

Pros & Cons

Pros

  • Welcome Offer: 50% of First Day Losses Back as a Free Bet
  • Best Odds Guaranteed on UK and Irish Horse Racing
  • Boosted Winnings on Accas

Cons

  • Only Supports Debit Cards for Deposits and Withdrawals

Welcome Bonus Information

The Octobet Welcome Bonus gives you the chance to earn a Free Bet of between £5 and £50:

  • Open a new Octobet account.
  • Deposit and place three or more bets of £10 or more at odds of Evs (2.0) or greater on your first day.
  • If your account shows a loss at the end of your first day, you will receive a Free Bet equal to 50% of this loss – up to a maximum Free Bet value of £50.
  • If all goes well and you make a profit on your first day (and meet the qualifying conditions), you will receive a £5 Free Bet.

See the Octobet site for a full list of terms and conditions.

Our Experience of Octobet

Octobet Layout

Upon logging in to Octobet, we had no trouble finding the sports and markets we needed thanks to the intuitive layout.

While reviewing the site, we were immediately impressed with the promotions for regular players. Highlights include:

  • Best Odds Guaranteed - Available for all UK and Irish racing.
  • 50% Back if Second to the Favourite - Another win for racing fans. Octobet will give you 50% of your stake back as a Free Bet if your selection finishes second to a favourite priced at greater than Evs.
  • 15% of Weekly Losses Back as a Free Bet - Keep an eye on your email for an invitation to this deal, which offers 15% of your weekly losses back as a Free Bet.
  • Acca Bonus - Up to 15% Boosted Winnings on accas.
  • Bore Draw - Money back as a Free Bet if the game ends in a 0-0 draw. Available on First Goalscorer, Anytime Goalscorer, Correct Score, Half Time/Full Time, and Scorecast markets.

See the Octobet site for full details of all offers.

The only slight negatives we found were the lack of a live chat facility and limited deposit options (only debit cards accepted).

Sports & Markets Available

The Octobet menu lists 36 sports and events. The ever-popular Football, Horse Racing, Greyhounds, Tennis, and Basketball are handily grouped together in the Top Sports area. The other US sports feature in the A-Z list, alongside popular punting pursuits such as Rugby Union, Snooker, Boxing, and Darts. For those with more niche tastes, Lacrosse, Water Polo, Hurling, and Fencing are all covered, alongside eleven eSports disciplines.

While conducting this review, we dove into the England vs Uruguay international friendly game and found well over 500 markets on offer – many of which could be combined in the comprehensive Octobet Bet Builder.

Missed the kick-off, or simply want to bet while an event unfolds? Head to the Live Sports tab at the top of the screen.

Octobet Mobile Betting

The Octobet app is available to download for iOS and Android and brings the full Octobet experience to your small-screen device.

Security and Licensing

Octobet operates under the UK Gambling Commission license, ensuring that it adheres to strict regulations regarding fair play and responsible gambling. The platform employs advanced encryption technology to protect user data and financial transactions.


UK Gambling Commission Logo

Octobet's UK Gambling Commission license number - 62545


Summary

Octobet has all the ingredients to become a big hit with UK players. New players benefit from a solid value welcome offer, and the added value keeps coming with regular money-back deals and the always-appreciated BOG concession. An excellent option for racing punters and well worth a look for all sports betting fans.

Banking Options

Octobet's deposit and withdrawal process is straightforward, offering multiple banking options.

Method Min Max Processing Time Fee
visa £10 Instant
mastercard £10 Instant
maestro £10 Instant
Method Min Max Processing Time Fee
visa £10
mastercard £10
maestro £10
  • Cash out
  • Partial Cashout
  • IOS App
  • Android App
  • Live Streaming
  • Racing Best Odds Guaranteed
  • 24/7 Support

Best 10 New Bookmakers

£30 SIGN UP HERE

18+ New customers only. Place a £10+ bet at min odds 1/1 (2.0) within 14 days of sign-up. Get £30 in Free Bets, valid for 7 days on selected bets only. Free stake not returned with winnings. T&Cs apply. BeGambleAware.org

£20 SIGN UP HERE

18+. New players only. Deposit £20 and bet £20 in one transaction at odds of 2.00+ to receive a £20 free bet after settlement. Use within 7 days; stake not returned. Affordability checks apply. Terms apply. Gamble responsibly. GambleAware.org.

£20 SIGN UP HERE

New verified customers only. Opt-in required. Deposit £20 and earn £1 of Free Bet value for every £1 staked on Bet Builders, with each qualifying stake counting towards a free bet builder reward, at combined odds of 2.0 (1/1) or greater. Min Reward: £1 Free Bet / Max Reward: £20 Free Bet. Cash in or claim within 48 hours of promo end. Free Bets expire 7 days after claim. 18+ GambleAware.org

£25 SIGN UP HERE

New customers only. Bets placed on sports at odds of 2.50 or more to qualify. Bets must be placed 25 hours within registration. £25 free bets must be wagered on sports. Full terms below. Gambling can be addictive, play responsibly 18+

£10 SIGN UP HERE

Place qualifying bet within 7 days of reg (Min £10 at odds of EVS+). 2 x £5 free bets awarded once qualifying bet settles (18+). Full T&C’s Apply

£10 SIGN UP HERE

Welcome bonus for a new players only | Maximum bonus is 100% up to $/€/£ 123 | Min deposit is $/€/£ 10 | No max cash out | Wagering is 50x bonus | Maximum bet while playing with a bonus is $/€/£ 5 |
Eligibility is restricted for a suspected abuse | Skrill and Neteller deposits excluded |

£40 SIGN UP HERE

Deposit £10+ and place a sports bet within 7 days from registration. Get 4 x £10 Free Bets - 2 x Football Accas (4+) & 2 x Sports Multiples (2+), valid 7 days. Min odds apply. Excludes virtual sports, esports and non-UK/IE horse racing. Opt-in required. 18+. T&Cs apply.

£10 SIGN UP HERE

New Customer Offer – Bet £10 and get 1 x £10 free bet. First bet must be at odds of 2.00+ (single or acca). New customers only. Real money bets only; void/cash-out bets don’t qualify. Free bet credited within 24h, valid 7 days. Winnings paid as profit only (free bet stakes are not returned with winnings). Verification may be required. T&Cs apply.

£10 SIGN UP HERE

New customers can claim this sign up offer with code "BET20GET10". Deposit £20 or more and place a £20 bet at min odds 2.0. Get a £10 free bet. Free bets expire after 7 days. Full terms apply. 18+ BeGambleAware.org

£20 SIGN UP HERE

18+. New customers only. Place a minimum £40 bet on any selection with minimum odds of Evens (2.00) and receive a 4x£5 Free Bets. Free bets expire after 24 hours. BeGambleAware.org. T&Cs & Maximum Pay-Outs Apply. #ad