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Introducing NetBet
NetBet was founded in 2001 and launched its first online betting business five years later in 2006, making it a betting company with a history of 19 years .
Already a sports bookmaker with a large user base, sponsoring a number of sports clubs (West Bromwich Albion, OGC Nice, etc.), NetBet consolidated its position as a global betting company after merging with online poker platform Poker 770 in 2014.
NetBet, which acquired its license in 2016 and is now qualified to operate an online betting platform in various countries, has grown into a major betting site offering a wide range of sports and casino options.
NetBet is currently licensed and headquartered in Malta, with over 500 employees and offices in several countries across Europe, Asia and Africa .
License
NetBet has acquired various iGaming licenses to enter the betting markets of various countries .
Obtaining an iGaming license is the process of verifying whether you are qualified to operate an online betting platform, such as a sports or casino .
In countries with active betting industries, such as the UK, Curaçao, and Malta, it is issued by the relevant authorities under government approval and is accompanied by a rigorous screening process .
Obtaining an iGaming license qualifies you to operate an online betting platform in any country around the world , and the countries that recognize your business rights vary depending on the license.
NetBet holds two global gaming licenses, the first of which is the MGA (Malta Gaming Authority) license .
This license, which is primarily recognized in Europe, grants the right to offer casino and live sports betting games.
Another license that Netbet holds is the UKGC (United Kingdom Gambling Commission) Gaming License , which is a license recognized in many countries .
We obtained the qualification to provide various games, including casinos, sports, virtual sports, game software, and horse racing, in December 2017 and have maintained this qualification to this day.
Obtaining and maintaining both MGA and UKGC licenses requires significant capital and is subject to periodic qualification reviews, so simply maintaining these qualifications is a testament to Netbet’s operational capabilities and scale.
In addition, NetBet’s will to expand its business can be seen as strong, as it entered the Danish betting market by obtaining a license from Spillemyndighede (Danish Gambling Commission) in February of this year .
Supported countries and languages
NetBet continues to expand its territory, successfully acquiring new regional licenses every month of the year.
As of 2024, the company provides games to approximately 180 countries and has a presence on every continent.
The languages supported by NetBet within its platform are as follows:
- english
- Spanish
- Romanian
- Japanese
- Portuguese (Brazil)
However, NetBet only supports five languages, including English, and it appears that the language interface for users from various countries is not fully prepared.
For EU, GB, and CA, this option was unrelated to changing the language because it was a setting that changed the currency unit for each country, not the language.
How to sign up for NetBet
1. Access the website through the Netbet address.
Go to the NetBet address and click ‘Register’ in the upper right corner.
2. Set your country of residence.
Before signing up, you will first be asked for your ‘Country of Residence’, which is the region where you will be playing the game.
Click ‘Select Country’ to choose the country you live in and click ‘Continue’.
3. Enter your login information (1/2)
Enter your email address, mobile phone number, and nickname .
After signing up, you can log in using your email address or nickname .
4. Enter your login information (2/2)
Set the password you want to use when logging in according to the conditions.
5. Enter your membership information.
You must enter your First Name and Last Name in English .
Enter the remaining member information, including gender and date of birth, and then continue.
6. Enter the address.
Finally, enter your address.
The address of the country of residence you have set will be automatically selected, and when you click Confirm, it will be converted to a detailed address.
Click ‘Continue’ to complete your registration.
NetBet Deposit and Withdrawal Options
NetBet offers the following deposit and withdrawal options:
- Deposit Options
– Credit Card
– Skrill
– Skrill 1tap
– Neteller
– Wire Transfer (Overseas Remittance)
– Payz (Ecophase)
- Withdrawal Options
– Wire Transfer (Overseas Remittance)
Netbet’s deposit and withdrawal options vary depending on the country of residence you entered when signing up .
If you set your country as South Korea when signing up, the deposit and withdrawal options available to you will be quite limited.
For deposits, you can use credit cards, e-wallet platforms, e-payment platforms, and international remittances. However, for withdrawals, international remittances are the only option.
However, when you try to withdraw money through international wire transfer, which is the only withdrawal option, you will need to enter the ‘IBAN’ code .
The IBAN code is an international account number standard established by the European Banking Standards Committee to prevent problems such as account duplication that arise during international remittances worldwide.
The problem is that the IBAN code is a standard that is mainly used in European countries such as EU countries and is not followed domestically except by some banks, so withdrawals are not possible unless you use that bank account .
Therefore, you can consider it virtually impossible to trade on NetBet .
Games provided by NetBet
NetBet Sports
NetBet is a betting platform that focuses on casinos, but it started out as a sports bookmaker and supports a wide range of sports events .
We also support virtual sports and esports matches such as Valorant and League of Legends, and offer a wide range of betting options such as Asian handicap, double chance, and combination betting .
Above all, it is impressive that the bold renewal, rather than the traditional odds board, allows for a more casual sports betting experience.
In-Play Betting is supported, but no live streaming service is available and only 2D infographics are provided.
NetBet Casino
As mentioned in the introduction, NetBet successfully attracted a significant number of poker players, which reached 2 million at the time, after merging with Poker 770, the largest online poker platform at the time, in 2014.
Accordingly, NetBet started operating its site with a focus on providing casino gaming solutions, and currently boasts an unrivaled volume in the casino sector .
We offer around 4,000 games , from classic games to the latest ones , and we have a variety of games, including card games like baccarat, roulette, wheels, and machines .
The jackpot size is also known to be in the billions of won, and new games are reportedly updated every week.
However, if we were to point out one major regret, it would be that the number of live casino tables is quite insufficient . As of 2024, the number of tables provided by contracted game solution providers is 78 , which is less than 100.
NetBet Poker
NetBet’s proud online poker , now powered by Playtech solutions after its merger with Poker 770 .
You can play games within the site, or download a dedicated program to compete against other players.
With weekly tournaments offering big prizes, poker games with various rule variations, and even a dedicated mobile app, it’s quite attractive in terms of accessibility and benefits .
Beginners can benefit from a variety of promotions, including a welcome bonus, which has helped NetBet attract a steady stream of poker players .
NetBet Overall Review
merit
1. A casino with a huge volume
It’s no exaggeration to say that NetBet offers the largest selection of games of any betting platform I’ve reviewed.
Although live casinos have a small presence, they offer thousands of gaming options, broadening the choices available to players. Players can choose games with high RTPs (return to player ratios) and expect higher profits .
What is Return to Player (RTP)? – It is an abbreviation for Return to Player, and it is the expected return a player will receive if they continue to bet on a game, expressed as a percentage.
NetBet is perhaps the only betting company that offers a dedicated poker platform that can be enjoyed across browsers, desktops, and mobile devices .
2. Clean UI
NetBet, a betting platform with a long history, has undergone numerous renewals to create a casual and easy-to-read interface that even newer users can use without hesitation .
Having operated the site for a long time, it is a very positive thing that it is continuously evolving for the convenience of its users.
3. A safe company with a license
Netbet’s biggest advantage is that it has a significant number of gaming licenses based on its enormous capital.
First of all, the Malta Gaming License and the UKGC License, which are gaming licenses recognized in most countries, are basic, and as of 2024, they are continuously receiving certification to continuously develop betting markets such as Denmark, Greece, and Italy .
Operating a betting platform in so many countries without allowing transactions using virtual currencies would have been impossible without NetBet’s unique expertise, built up over a long period of operation.
disadvantage
1. Domestic support is only in words, but in reality it is an illusion.
NetBet itself is a decent company, to the point where there’s not much to say about it, but despite claiming to support domestic betting, there are many aspects of it that are very unfriendly.
The first issue is language support . It was disappointing that while Japanese, which is also restricted in Asia, is supported, other Asian languages such as Korean and Chinese are not supported .
It’s not just that they don’t support Korean, but it’s also a bit disappointing that they claim to be a global betting platform and don’t offer French or Russian options.
2. Disappointing deposit and withdrawal options
While it would be great if there were virtual currency deposit and withdrawal options that eliminated border restrictions, building and renewing the technology would take a long time, making this practically impossible.
However, the fact that international wire transfers are the only withdrawal option means that they are not yet fully immersed in the Asian betting market.
Withdrawal transactions in this manner will take a very long time to process , and conversely, deposits will also be very cumbersome, and the fees incurred during the platform usage process could be a significant disadvantage.
3. Relatively disappointing sportsbook
While it is true that the quality of Melbet Casino games is top-notch, it does feel like less attention is paid to the sportsbook .
Although there have been improvements, such as UI improvements due to the renewal, many users find it unattractive, as it lacks live streaming functionality and ranks low in several categories, including odds, in sportsbook rankings.
Considering NetBet’s status and financial strength, it is somewhat surprising that NetBet, a sportsbook company, does not introduce a streaming system while supporting ‘in-play betting (real-time betting).’
conclusion
In fact, it is not true that you cannot use Nelbet at all if you use a bank account that supports IBAN codes.
However, aside from those things , since they have not yet fully entered the Asian betting market, including Korea, the interface, deposit and withdrawal options, etc. are disappointing, so this is a posting about a domestic betting company that has not yet launched.
However, given its long history of operation and its continued commitment to expanding into various continents and countries even as of 2024, I predict that there will come a time when it will be comfortably available in Korea through another renewal .
NetBet’s casino games and online poker software are receiving rave reviews from international bookmaker reviewers, so we hope it will soon enter the Korean market and become a global betting platform enjoyed by many users. With that in mind, let’s conclude our NetBet review.
