Kikobet – Sports Betting Experience with the Bookmaker

Since early 2023, Kikobet, an online bookmaker, has been active in Germany and holds a valid license from Curacao. This bookmaker is part of the Media Entertainment N.V. group, which was founded in 2012.

Media Entertainment N.V. operates around 10 different brands, including its own sports betting platform called Koltron. At Kikobet, it is noticeable that there is no adherence to the strict European and German gambling regulations, which is reflected, among other things, in the fact that no responsible gambling notices are given and there is no option to set stake limits.

Nevertheless, the provider makes an effort to present information about terms and conditions and licenses clearly and openly. New customers who register via a special link can receive a welcome bonus of 100% up to €300.

Further details and experiences with Kikobet are presented in the following report.

Kikobet Sports Beting Bonus 100% up to €300 *exclusive*

At Kikobet, new customers can claim an exclusive welcome bonus of 100 percent on their first deposit in the sports betting segment, with which they can receive up to €300 extra. However, this offer only applies to those who register via Wett-Bonus.net. For the second deposit there is a 50-percent bonus, which can bring in up to €300 extra, so that a total bonus of up to €600 is possible.

Both bonuses must be actively requested in the player account within seven days of the deposit, before the deposited amount is wagered. To receive both bonuses for the first deposits, a minimum deposit of €20 is required each time. Specific wagering requirements apply to the bonus, which must be fulfilled within 60 days.

This includes that the entire qualifying deposit amount must be wagered at least once at minimum odds of 1.80. The bets must be settled accordingly in order to count toward fulfilling the wagering requirements. The deposit amount must be wagered within 30 days.

For the first deposit and its wagering at minimum odds of 1.8, an exclusive 100%-bonus up to €300 (instead of €200) is available if registration takes place via Wett-Bonus.net. After settlement of the qualifying bets, customer service should be contacted with the code WETTBONUS to activate this special bonus. Before a withdrawal is possible, the deposit and bonus amount must be wagered 10 times at minimum odds of 1.8.

New customers who do not meet these criteria lose the bonus and all resulting winnings. Fulfilling these bonus conditions poses a challenge, and one should carefully consider whether to claim the bonus, even though there are 60 days to do so.

Cashback Bonus

In addition to the new customer bonus, Kikobet offers its users three additional promotions. Every Monday there is the opportunity on the platform to receive a weekly cashback bonus of up to €1,000, which is available within 48 hours. This cashback amounts to ten percent of net deposits in the sports betting area from Monday 00:00 to Sunday 23:59 each week.

Net deposits comprise all deposits in this period, minus withdrawals and bonus funds. The smallest possible cashback bonus is €10, while the maximum is €1,000. Before a withdrawal, the cashback bonus in the sports sector must be wagered twice at minimum odds of 1.80.

To receive the cashback, a deposit of at least 50 percent of the bonus amount must be made. The bonus is only credited after being requested via live chat or by email to support@KikoBet.com. The cashback bonus from the previous week can be requested until Tuesday.

Winnings Bonus

The winnings bonus from Kikobet offers up to 250 percent additional winnings on sports combi bets. This allows even smaller winnings to grow into large amounts. A combi bet arises when a player selects more than one outcome in a bet.

To receive the bonus, the betting slip must contain at least one additional selection. If a user decides on only one selection, the stake counts as a single bet. The percentage of the bonus is based on the number of completed matches.

Cancelled matches in a combi bet are not added to the total count. If a match is postponed, the settlement of the bet only takes place after the rescheduled date. Bets created via Build a Bet only count as single bets.

Storm Bonus

Kikobet offers a special Storm Bonus. Customers who place ten single bets on their preferred tennis athletes or football teams receive a free bet of €50. This offer is valid for all ATP and WTA tour matches as well as for all available football matches.

Every bet eligible for the bonus must have a stake of at least €10. To activate the bonus, participants must complete either ten individual live sports bets on ATP or WTA tennis matches or ten individual live sports bets on football matches. The odds for each of these bets must be at least 2.0.

The bonus amount corresponds to five percent of the total of all ten qualifying bets. To receive the bonus, it must be requested via live chat and the bet number ID must be provided. Bets that were cashed out early are excluded from this bonus.

Likewise, bets placed with or containing bonus funds do not qualify for the promotion. Should a withdrawal be requested before the bonus is credited, the entitlement to the bonus expires.

Kikobet Rating and Pros and Cons

Latest Test Payout:

Payout amount: €511
Payment method: Bitcoin
Request submitted: 22.12.2023, 16:46
Received in account: 23.12.2023, 06:27
Total duration: 13 hours, 31 minutes

Website and Language

Kikobet’s website shines with a clear and simple menu navigation that works smoothly both on desktop computers and on mobile devices such as smartphones. Every aspect of the website is implemented in detail in four languages, including German. The structure of the betting offer is well organized.

In the upper region of the left menu, top events such as the German Bundesliga, Premier League, Champions League and other popular leagues are prominently placed. A search function directly above these quick-access links makes it possible to quickly browse the offer. In the central display, various promotions (e.g. welcome bonus, reload bonus) alternate in a dynamic slider.

Below that, the current live betting offer can be found, complete with links to view the events and the associated betting odds. Furthermore, bets that are about to start soon and popular bets are visible. On the right side of the page, special promotions and bonuses are displayed in the form of banners.

A click on an odd brings up the betting slip in this area. In the lower section of the homepage, the provider offers links to important information such as terms and conditions and bonus terms as well as privacy policy provisions. The design of the betting platform is easy on the eyes and all categories are clearly and neatly structured.

Betting Offer and Bet Types

Kikobet’s sports betting offer does not fully convince, as with around 15 sports it is mainly limited to the betting markets common in German-speaking countries. These sports include football, tennis, basketball, ice hockey, volleyball, handball, American football, darts, UFC/MMA, boxing, rugby, e-sports, baseball, snooker and cricket. In line with the trend among modern German bookmakers, football, tennis and basketball are in the foreground.

For bets on the German Bundesliga, a payout rate of 95% is offered for 1×2 bets, which becomes even more attractive due to the absence of a 5% betting tax. For every Bundesliga match there are up to 80 additional betting markets. In addition to the usual 1X2 and Over/Under bets, there is a range of special betting options, such as bets on red cards, penalties, goals conceded, or the team that scores the first or last goal.

For all bets other than 1×2, the odds level is 93.5%. In lower leagues the margin can rise to up to 8% to 9%. Amateur football fans have the opportunity to bet on matches in the German Regionalliga and Oberliga, which are offered with a comparatively high average odds level of 90%.

In basketball, where the NBA and Euroleague are mainly the focus, Kikobet offers more than 30 markets, including moneylines, player bets and point spreads, with a payout rate of 95.60%. Kikobet presents itself innovatively with its Cash-Out option. As soon as a bet is placed, a Cash-Out amount is displayed in the “open bets” section, which players can claim at any time.

The amount of this figure varies depending on the probability of the wagered event occurring, which allows users to intervene directly in the betting action and thus increase the excitement.

Live Betting and Betting Odds at Kikobet

With live betting, Kikobet enables daily bets on over 1,000 events. The number of betting markets in the football area is around 30, which is below the market average. The payout rate for these bets is 91.50%.

In our analysis of Kikobet, we also examined the various features offered. Full cashout is available throughout the entire match. A newer feature is the Bet Builder, with which users can assemble their own bets from various options of the same event.

However, features such as live streaming, editing bets, or the option for partial payout are missing. The acceptance time for live bets is, incidentally, four seconds. Regarding betting odds, Kikobet shows a mixed picture: for top leagues such as the Bundesliga, the English Premier League or Serie A, Kikobet offers a 1×2 odds level of 95.4 percent.

This figure positions the provider in the upper midfield. However, for the popular Over/Under bets in these top football leagues, the odds level only reaches an average value of 93.5%. In the 2.

Bundesliga, Kikobet outperforms many competitors with an odds level of over 95% for 1×2 bets. But here too, the Over/Under bets with an odds level of only 92.5% before the match form a weak point. Basketball fans who prefer to bet on major leagues find favorable conditions at Kikobet: the odds level for moneyline and spread bets is always above 95%, and all other bet types do not fall below 94.5%.

Deposits at Kikobet

Kikobet provides its customers with a wide range of payment options. These include Mastercard, Visa, Pay via Bank, GumballPay, Mifinit, Flexepin, Skrill, Neteller and twelve different cryptocurrencies. It is important to note that transactions with some of these methods are processed via a pop-up window.

Users should therefore disable the pop-up blocker in their browser for Kikobet to ensure that deposits can be carried out smoothly. The minimum deposit amount at Kikobet is only €10. However, if one wants to claim the welcome bonus, a deposit of at least €20 is necessary.

This amount also applies as the minimum sum for withdrawals. When using Pay via Bank (online transfer) via Nodapay, it can happen that a real-time transfer takes 1-3 days until it is credited to the Kikobet account. You can view the value date on your bank statement.

Delays can also occur with deposits via the payment service provider Cryptopay, whereby the credit may not be processed until the next day. It is not helpful to contact support regarding deposits that have not yet been credited. Instead, one should be aware of possible delays and ideally deposit a few days in advance when planning to place bets.

Withdrawals and Verification at Kikobet

For withdrawals, Kikobet offers various options, including bank transfer, Mifinity, Inpay bank transfer, Pay via Bank, Skrill, Neteller and various cryptocurrencies. For withdrawals to a bank account, the use of the Inpay bank transfer is recommended. It is possible to withdraw up to €4500 daily, although this amount should be divided into three tranches of €1500 each.

The weekly withdrawal limit is €13,500 and the monthly limit is €67,500. The withdrawal duration for e-wallets and cryptocurrencies is about one day, while a bank transfer can take 2-5 days. Verification of the account is required before the first withdrawal.

The provider requires a copy of your ID card and a scan of a utility bill, for example from electricity, telephone or internet providers. These documents must be sent by email to kyc@kikobet.com. Verification usually takes a few hours.

A small disadvantage is that no notification is sent for bookmakers of Media Entertainment N.V. when the account has been verified.

Support

Kikobet offers its customer service mainly via a live chat, which responds quickly to questions and provides help with problems. To reach the live chat support on the mobile website, click the speech bubble icon at the bottom right. In the desktop version of the website, you have to scroll down to the footer area, click on “Contact us”, and then find the link to the live chat in the middle.

After clicking on it, a new tab opens. Here you select “Message Me”, enter your username and email address, and choose a language in which communication with a support representative should take place. English, German, Italian and Portuguese are available.

Although support is reachable 24/7, it can happen that no German-speaking customer service is temporarily available, and you then have to handle the translation yourself. As an alternative, you can also send an email to support@kikobet.com, whereby the response time can take a few hours. Kikobet does not offer telephone support or comprehensive FAQs.

It is advisable to familiarize yourself with the live chat, as the exclusive sports betting bonus must be activated through it.

Kikobet Details