Honest Review of the 1win Sports Betting Platform
These days, it is very easy to place sports bets on events. You can find an online betting platform in any city or corner of the internet. The statistics are clear: the amount of deposits in bookmakers for 2022 amounted to a little under 10 billion dollars! Many want to grab their share of the pie, which leads to the emergence of a huge number of new bookmakers.
Choosing the ones worthy of your time is not an easy task. Before making a deposit, it is important to carefully study a bookmaker’s reputation and features. Based on real user reviews and research, we will analyze whether it is safe to place bets on 1win.
Many online sports betting sites are registered in the Virgin Islands, Gibraltar, or in 1win’s case, Curacao. The bookmaker 1win was founded in 2016. For a couple of years, it operated under "FirstBet", but in March 2018, it changed its name to "1win".
The company offers one of the best welcome bonuses in sports betting - with a 500% bonus for the first 4 deposits. The bookmaker offers a line on 20 different sports and also accepts bets on eSports disciplines.
The bookmaker does not spoil with high odds and offers average multipliers. The commission is at the level of 6-7%. For the most popular matches, the margin is lower. For example, for the Champions League final in football, the commission is reduced to 3-4%. At smaller regional volleyball tournaments, the margin could grow to 10% or more percent.
Offshore licensing allows you to supplement sports betting with other entertainment, such as poker or online casinos. However, we do not recommend playing poker there - it is much more profitable and easier to play in dedicated poker rooms. On 1win, the poker is mainly casino variants, like Jacks or Better, American Poker, and Joker Poker.
1win Registration: How to Create an Account
The simplicity of creating an account is one of the advantages of 1win. You can register in 4 ways. The first step is to go to the bookmaker's website and click on the registration button. It is located in the upper right corner. A pop-up window will offer 4 options.
Let's consider each of them.
- By phone number: We indicate our account number and currency. You can create an account not only in dollars, but also in several other currencies.
- By email: Select your country of residence, indicate your phone number, indicate the account currency, create a password for logging in, and enter your email. Confirm your registration by clicking on the link in the email.
- Through social networks: It is suggested to open an account using Telegram, Steam, Facebook accounts, and a couple of other services. Registration consists of two actions: 1) clicking on the desired social network; 2) specifying the account currency.
- In 1 click: Here the user selects a country of residence from the list, an account currency, and clicks on the "Register" button. Yes, technically, it is 3 clicks.
After registration, you can go to your personal account and top up your account. There is no second stage for creating an account in the Cashier in 1win. You may be asked for verification later.
Bonuses for New 1win Players
Bookmakers attract new players with promotions. Most legal bookmakers provide a 100% bonus of up to around $150. 1win is more generous: newcomers can receive a bonus of 500% of the deposit amount. With a maximum replenishment of around $150, the user will receive $750 to the bonus account. The welcome bonus is credited immediately after the deposit. The main condition for wagering is betting on events with odds of 3 or more.
Among other promotions, we should highlight the "Bonus for Express".
Here’s how that works. If the client places an express of 5 or more events, an additional bonus will be added to the final winnings. Its size depends on the number of events in the express. For a chain of 5 events, the winnings will be increased by 7%, from 6 - by 8%, from 7 - by 9%. The trend with an increase of 1% is changed only for an express of 11+ events. There, 15% is added to the final amount at once. This is the maximum percentage according to the terms of the promotion. All events in the express must be higher than odds of 1.3.
1win Deposit and Withdrawal Methods
There are 11 ways to top up your account at 1win. You can top up your account with Visa, MasterCard, and Maestro bank cards. Cryptocurrencies are also popular here: deposits are available using Bitcoin, Tether, and Ethereum. Among the payment systems, we highlight Skrill, WebMoney, and MuchBetter. The minimum deposit amount depends on the method of replenishment. The money is credited to the account instantly.
There are even more ways to withdraw money from 1win than deposit options. This advantage is due to overseas licensing. Among cryptocurrencies, cashout can only be done on Tether. The minimum withdrawal amount is 10 cents. In most cases, a withdrawal request is processed within 1 hour. The speed of payment depends on the selected method.
Reviews from Real Players on 1win
Players often praise the bookmaker for a profitable bonus on the first deposit, a loyalty program with 1win coins, and access to slot machines directly on the site. We could not pass by a sincere quote from a satisfied user:
“This is not a bookmaker, this is just a wizard's office. They withdraw money and do not block it. There are few such bookmakers left. 1win, you are just awesome!”
There are also clients with negative experiences. Their reviews focus on the loss of deposits, introducing a cap on the bet size after winning, exhausting verifications, and detached support service. In some comments, clients call the bookmaker’s office a scam.
Licensed Bookmakers vs Illegal Bookmakers
Offshore bookmakers have undeniable advantages: no mandatory identification for the payment processors, higher odds, and large welcome bonuses. A player can quickly create an account and start betting. Despite this, we recommend that you bet with licensed bookmakers.
Becoming licensed is costly for betting platforms and puts forward serious financial requirements for applicants, so legal bookmakers are on stronger feet. They are better protected from bankruptcy and fulfill all obligations to clients.
It’s easier for players to protect their rights in a dispute against a licensed betting platform. Offshore companies are outside the jurisdiction of courts and government agencies, so it is much more difficult to protect yourself. Recourse will be tricky, if not impossible. Also, illegal bookmakers are more prone to leaking the personal data of their clients.
It’s also more convenient to play in legal bookmakers than in unregulated ones. Their sites are not blocked by internet service providers (ISPs). Clients of bookmakers without a license are forced to constantly use mirrors or VPNs. Without them, it is impossible to go to the site and place a bet.
Another regulated site that offers sports betting and online poker is SportsBetting Poker. With headquarters in Panama, this company offers betting on live and future events, along with player vs. player action at the poker tables. Of course, they offer a welcome bonus to new players. On your first deposit, get a matched bonus of 100% up to $1,000.
