LeoVegas Sport Review | Bookmaker Rating & Signup Offer 2024

5.9
Out of 10

Mixed

No Affiliate Links 

Please note that there are no affiliate links featured in this review. This means that we will not receive a commission if you proceed to open an account at this bookmaker. Unlike many other gambling referral sites, we remain committed to reviewing bookmakers that we do not actively endorse. This approach ensures that bettors have the opportunity to explore all available options, rather than solely focusing on those that might be advantageous for us.

Pros
Cons

Review Summary

Good

  How were these ratings created?

In this review of LeoVegas Sport, I’ve examined a set of standard criteria to establish an impartial and data-driven rating for the bookmaker. Each of the above criterion is assigned a weight corresponding to its importance, with factors such as Odds and Features carrying more influence than others.

This methodical approach eliminates subjectivity and guarantees that only significant factors influence the overall rating. This results in a fair and objective assessment of the betting site, shedding light on both its strengths and weaknesses.

Unlike many other sites, Punter2Pro adheres to an identical process for all betting site reviews, ensuring that no brand receives an unjust advantage over another — regardless if we are affiliated with them or not.

About LeoVegas Sport

Established in 2012 and now owned by the parent company, MGM Resorts International, LeoVegas is a prominent online bookmaker holding 1 gambling license, in Malta. The site has gained prominence as a top-tier online gambling hub, particularly known for its pioneering mobile-first approach to gaming.

Operating exclusively in the online realm without a physical presence, the platform prioritises security through various protective measures. These include SSL data encryption for secure transactions, two-factor authentication to prevent unauthorised access, and ‘Know Your Customer’ (KYC) processes to deter identity fraud.

Secure Payment Processing ensures the safe handling of financial transactions through LeoVegas, while Geo-Fencing guarantees users comply with legal betting areas and local regulations.

As a regulated entity, LeoVegas incorporates essential ‘safer gambling’ tools such as Deposit Limits, Reality Checks, Time-Outs, and Self-Exclusions.

The site also holds eCOGRA certification, signifying its systems are approved as ‘Safe and Fair.’ Additionally, LeoVegas is registered with IBAS, providing an impartial mediator in case of disputes between bettors and the platform, underscoring its dedication to fair gambling practices.

Bookmaker Profile

Company

MGM Resorts International (parent company)

Established

2012

Target Markets

UK, Brazil, Canada, Sweden, New Zealand

Languages

English, Spanish, German, Japanese

Licences

Malta

Regulators

1. Product Range

Good

LeoVegas’s website boasts a diverse array of 5 primary products: Sportsbook, Casino, Live Casino, Poker, and Bingo. This diverse range reflects the platform’s intention of becoming a comprehensive destination catering to various player preferences.

The platform offers an extensive collection of casino games designed for smartphones and tablets, encompassing slots, table games, live dealer experiences, and progressive jackpots.

LeoVegas ventures into sports betting as its secondary product, offering users the chance to place bets on a broad range of events. However, it does not feature the specialised products typically found in sports-centric bookmakers.

Standard

Popular products offered by many betting sites. These count more towards the score for this section than 'Specialist' products.

Specialist

Specialised "niche" products offered by some betting sites. These count less towards the score for this section than 'Standard' products.

6.3
Out of 10
Good

2. Sports & Markets

Excellent

LeoVegas’ sportsbook boasts a wide selection of 39 sports, surpassing the average by 5. Popular sports are indicated with an asterisk in the list below.

LeoVegas features mainstream sports like football, tennis, and cricket, but goes the extra mile by including unique sports markets such as handball, surfing, and chess. In addition, there’s “Specials,” offering popular markets on Politics and TV & Novelty events.

However, it’s worth noting that the platform has limited options in more obscure markets, as its primary focus remains on mainstream sports.

LeoVegas enhances its sports offerings with a feature-rich in-play section, complete with live statistics and infographics for ongoing matches. Users can also enjoy live streams for Greyhound Racing, creating an immersive and engaging experience.

All Available Sports (A-Z)

  • Shooting
  • Snooker*
  • Softball
  • Specials
  • Speedway
  • Surfing
  • Squash
  • Swimming
  • Table Tennis
  • Tennis*
  • Triathalon
  • Trotting
  • Virtual Sports
  • Volleyball
  • Water Polo
  • Winter Sports
  • Wrestling

  How are sports & markets graded?

To assess this section, every sport has been classified based on its betting popularity, assigning greater importance to widely sought-after sports like Football, Horse Racing, and Tennis, in contrast to those with a more limited audience appeal.

Furthermore, the inclusion of market depth (betting options) also contributes to the overall score, emphasising the importance of “quality over quantity”.

This approach ensures that not only the sports but also the richness and diversity of betting options within each sport are taken into account in the evaluation process.

8.7
Out of 10
Excellent

3. Odds

Mediocre

In a random sample of 20 selections, LeoVegas’s odds were 6.53% below the betting exchange Back odds available at the time. The bookmaker odds in the sample averaged a decimal price of 3.78 against the betting exchange’s 4.04.

This means the odds are of a typical value for a bookmaker – a little on the low side based on this sample.

While this sample does not provide a concrete estimate for LeoVegas’s price value, it does give an insight into how far their odds could differ from the leading price on the betting exchange. Thus this comparison is a significant contributor in this bookmaker’s overall rating.

Bookmaker vs Exchange Odds

Note: Please be aware that this sample only includes odds from top-flight European football leagues. To ensure uniformity across all bookmaker reviews, odds were capped at 10.0. We are committed to enhancing the depth and precision of this data regularly.

  Why are the exchange odds higher?

The betting exchange provides industry-leading odds generated by the public, traded peer-to-peer rather than against the betting company. These odds are widely considered the most accurate in the market. The betting exchange earns its revenue through a commission, usually applied to winnings.

In contrast, bookmakers operate under a different model, incorporating a margin or “edge” into their odds. Consequently, the prices offered by bookmakers tend to be lower than those found on the betting exchange.

This crucial information is often overlooked by many gambling affiliate sites, but for the sake of transparency, it should be common knowledge. Despite this, bookmakers give many advantages over betting exchanges.

6.1
Out of 10
Mediocre

4. Bonuses

Weak

In general, LeoVegas falls short in terms of the quality and quantity of its promotions when compared to its sport-focused competitors. The majority of their bonuses are directed towards the casino section — their primary offering.

The current LeoVegas signup bonus, ‘100% Profit Boost’, is below average, with comparable sites offering more attractive incentives to new players. As of the latest update, it is approximately 52.6% below the average value of free bets featured in my other reviews.

Unfortunately, ongoing promotions or “reloads” on LeoVegas are not particularly generous either, providing only minimal or occasional value to customers.

Is The Signup Bonus Worth It?

Based on our calculations, an average customer customer stands to gain around £6.49 of value by taking the 100% profit Boost promotion. In other words, the promotion is slightly in favour of the player.

Please note that this assessment assumes bettors meet the minimum required odds for the promotion by betting at a “medium stake” of 3.5.

Keep in mind that a player can only benefit if their initial £10 bet is successful, triggering the doubling of profits (up to a maximum of £100). Consequently, players might be tempted to wager at higher odds to maximize potential profits, but this also increases the likelihood of losing the initial £10.

While the signup promotion presents potential value, it’s prudent to acknowledge the possibility of losing the initial qualifying bet. The promotion does not guarantee a profit for the player.

  How was this bonus valued?

This bonus was mathematically valued using an “average case” scenario. This makes few important assumptions:

  1. Odds gathered in the previous section are assumed to be representative of the overall value offered by the betting site. 
  2. Qualifying bets are assumed to be placed at the minimum required odds for the promotion (2.2) to reduce risk.
  3. Free bets are assumed to be placed at decimal odds of 3.5, representing “medium risk” outcomes.

The same assumptions apply in all betting site reviews featured on Punter2Pro. This ensures that free bets & promotions can be compared consistently and fairly.

This approach helps to highlight valuable promotions, as well as cases where a typical bettor does not stand to benefit.

2.2
Out of 10
Weak

5. Payment Options

Decent

LeoVegas offers a selection of 5 distinct payment methods for transferring funds to and from the betting site, covering 13% of all recognised methods examined in my reviews. All five payment options offered by LeoVegas fall under the category of ‘core’ methods: the standard choices typically found at reputable betting sites.

While the platform accepts some of the most commonly used sports betting payment methods, several popular choices are absent — like Paysafecard, and e-wallets such as Skrill and Neteller.

It’s worth noting that core payment methods carry more weight in contributing to the bookmaker’s score in this section. 

Popular Methods Supported

Mastercard | Gambling Payment Method | Pros & Cons
Visa | Gambling Payment Method | Pros & Cons
Bank Transfer | Gambling Payment Method | Pros & Cons
PayPal | Gambling E-Wallet | Pros & Cons
Apple Pay | Gambling E-Wallet | Pros & Cons

All Available Methods (A-Z)

4.2
Out of 10
Decent

6. Withdrawal Speed

Moderate

The withdrawal times at LeoVegas vary depending on the chosen method but generally boast a moderate average processing speed of up to 3 working days across all payment methods. However, when compared to the average of all bookmakers reviewed on this site, this speed is observed to be 37.47% slower.

Recognising the importance of timely payouts, withdrawal speed significantly influences the overall rating of the bookmaker.

Payment MethodWithdrawal TimeMinimumFee

Bank Transfer
1 - 5 days£10Free

Visa
1 - 5 days£10Free

Mastercard
1 - 5 days£10Free

ApplePay
1 - 5 days£10Free

PayPal
1 - 5 days£10Free

Skrill
1 - 5 days£10Free

  How is withdrawal speed graded?

The rating for this section is derived from a combination of data, incorporating:

  • The bookmaker’s officially stated withdrawal times, dependent upon the successful completion of Know Your Customer (KYC) requirements.
  • Average withdrawal times as reported by actual customers with real-world experiences.

I aim to gather enough data to provide accurate estimates of the withdrawal times for various payment methods. If insufficient data exists for a particular method, it is not included in the above list, and therefore does not impact the rating.

6.7
Out of 10
Moderate

7. Features

Good

What features does LeoVegas offer to enhance the overall quality of its service?

LeoVegas provides four primary Sports Betting features aimed at enriching the player experience, which falls slightly below the average. Among these features is Cash Out and Bet Builder functionalities.

Cash Out enables users to retrieve placed bets during in-play matches based on the ongoing game dynamics, offering flexibility and control.

Conversely, Bet Builder empowers users to create personalised bets by combining multiple selections and outcomes, presenting a diverse range of possibilities.

Additionally, LeoVegas incorporates three key Customer Support features, catering to general inquiries, bonus eligibility checks, and requests for self-exclusions or time-outs.

Notably, LeoVegas lacks offerings such as Best Odds Guaranteed and Request A Bet (RAB). This hinders the site from competing effectively with other sports betting platforms. However, if the available features meet your specific needs, LeoVegas might still be a sufficient choice for your betting preferences.

Sports Betting

Features that enhance the sports betting experience. These count more towards the score for this section than 'Customer Support' features. 

Customer Support

Features that enable customers to seek assistance quickly and effectively. These count less towards the score for this section than 'Sports Betting' features.

  • Live Chat
  • Phone Support
  • Email Support
  • 24/7 Support
6.6
Out of 10
Good

8. User Interface

Acceptable

Given the subjective nature of assessing LeoVegas’ user interface and the range of preferences among bettors, I’ve employed a set of predefined criteria for evaluation. This has resulted in two distinct ratings:

  • Mobile: Satisfactory with room for improvement
  • Desktop: Below expectations, needs improvement

It’s worth noting that the mobile platform carries slightly more weight in the overall user interface rating due to the growing trend of bettors favouring app-based experiences over traditional desktop interfaces.

LeoVegas' mobile interface integrates the Casino, Live Casino, and sports sections. While the layout generally appears tidy, it lacks the finesse and functionality found in interfaces offered by other sports-focused bookmakers.

The predominantly grey and white colour scheme is minimalist and easy on the eyes, yet it feels somewhat lacking in style and fails to compensate with bold icons, eye-catching text, or other visual elements, resulting in a bland appearance.

Although font sizing throughout LeoVegas is generally optimal, there were instances where odds spilled out of their containers on narrower devices, detracting from the overall aesthetic. Additionally, banners occupy excessive space on the page, presenting a cluttered interface that could have been streamlined for better user experience.

One of the weakest aspects of the LeoVegas mobile app is its navigation. Despite featuring a simple search function -- a feature many other apps lack -- users may encounter instances where clicking on a sport displays no content except for the option to select the sport again, leading to a clumsy and off-putting experience. The 'browse sport' button acts as a better alternative, and facilitates access to popular options.

While Live Betting includes a useful stats centre, LeoVegas lacks substantial additional content to distinguish itself.

In summary: the app is functional but falls short when compared to competitors.

Mobile Ratings
Content
Navigation
Aesthetics

The LeoVegas sports website feels like an extension of its casino rather than a standalone platform, as it primarily serves that purpose.

While the layout is tidy, it is somewhat dated in terms of styling. Although the simplistic grey and white colour scheme and straightforward fonts align with my personal preferences, there are instances where the site lacks finesse and appears dull and empty.

Unlike many competitors, LeoVegas has chosen not to utilise a side menu to list sports, instead opting to display popular ones horizontally on the page, with the rest accessible via a popup section by clicking 'Browse Sports'. Personally, I find this approach clumsy and not conducive to user-friendly navigation, making it relatively challenging to locate specific markets compared to other similar-quality sites.

However, the site does offer a basic search function, which is a positive feature that greatly improves navigation.

Overall, the desktop site represents a weak point for LeoVegas Sports, although it does mainly serve to complement their more popular and prominent casino product.

Desktop Ratings
Content
Navigation
Aesthetics
4.6
Out of 10
Acceptable

9. Fund Protection

Moderate

Another crucial consideration is the fund protection provided by LeoVegas. How secure are your funds on the platform?

LeoVegas holds a ‘Medium’ rating for fund protection, as assessed by the Gambling Commission. This rating indicates that certain measures are in place to separate customer funds from the business accounts, ensuring that assets can be distributed to customers in the event of insolvency. However, it’s essential to note that fund protection is not an absolute guarantee.

While fund protection is significant, it’s also worth considering the financial performance of the company, as this can be a more reliable indicator of the likelihood of insolvency.

LeoVegas faced financial difficulties until its acquisition by MGM Casino Next Lion (a subsidiary of MGM Resorts International) in 2022. Determining the precise financial stability of the brand is difficult, but there is hope for improvement under new management. Nonetheless, it is not advisable to consider LeoVegas as the primary choice for depositing a substantial sum of money until its financial performance is clear.

Additionally, I’ve explored account dormant fees, which are charged on the balance within inactive betting accounts. Notably, LeoVegas does not impose dormant account fees on inactive accounts whatsoever.

Considering these potential risk factors, I’ve assigned a fair and significant score for this section.

  How accurate are these profit figures?

I’ve made every effort to research the pre-tax profits of the featured gambling sites in my reviews, but I cannot guarantee absolute accuracy.

Due to the complex setups of gambling companies, which are often divided into different parts around the world, complications arise in determining their true profitability. Moreover, the landscape is constantly evolving with frequent mergers and investments occurring, adding yet another layer of complexity to unravel.

While I strive to offer a helpful insights, it is advisable for you to conduct further research if you have any concerns.

4.0
Out of 10
Moderate

10. reputation

Excellent

In concluding my assessment, I’ve delved into LeoVegas’ reputation, focusing on customer satisfaction and overall brand image.

To ensure an accurate depiction of public perception, I’ve gathered feedback from diverse sources, encompassing customer feedback platforms and online gambling communities. This comprehensive formed an average user rating of 8.47 out of 10, affirming that the bookmaker is widely regarded as reliable, with a relatively low number of complaints. In other words, players express a high level of satisfaction with the bookmaker’s services.

As an additional measure, I’ve confirmed that, while writing this review, LeoVegas has one regulatory action recorded with the Gambling Commission, indicating instances of potential breaches in their license. While regulatory actions are not uncommon and may not necessarily be a cause for concern among customers, it’s crucial to note that the company does not have a flawless record. Importantly, the most recent action did not transpire within the past year, and therefore, it does not impact the rating for this section.

  Do any sites have an immaculate reputation?

It’s highly unlikely that any betting site will score maximum points in this section, for a good reason — none of them are perfect.

Even the most prominent and reputable sites in the online gambling business have weathered their fair share of bad publicity, and I won’t shy away from that.

Nevertheless, the landscape of the gambling sector is undergoing positive transformations. Faced with heightened regulatory scrutiny and societal expectations, companies are being forced to improve their standards. Many are rising to the occasion, creating a significant gap between the commendable platforms and those falling way short of the mark.

I hope that the industry continues to push for a more responsible, enjoyable experience for all customers and that, eventually, this section will produce higher ratings in my reviews.

Learn more: Problems In The Gambling Industry

8.5
Out of 10
Excellent

Verdict

In summary, according to the Punter2Pro bookmaker rating system, LeoVegas receives a total score of 5.8, indicating that it is a sportsbook with obvious room for improvement. However, it also has some notable strengths that could appeal to certain bettors.


My Opinion

Unfortunately, there are few standout features offered by LeoVegas’ sportsbook.

However, it’s crucial to recognise that sports betting is not its primary focus of LeoVegas — but rather an extension of its renowned casino brand. The lack of substantial bonuses, average odds, and relatively modest sports betting offerings reinforce this notion.

The positive in using LeoVegas lies in its strong reputation within the gambling industry, primarily attributed to its popular casino offerings.

Overall, I would recommend LeoVegas as an option to casino enthusiasts seeking convenient access to a sports betting platform within the same app or website.

Pros
Cons
5.9
Out of 10

Mixed

FAQ

When was LeoVegas established?

LeoVegas was established in 2012 and is now owned by the parent company ‘MGM Resorts International’.

What are the main products offered by LeoVegas?

LeoVegas offers a comprehensive range of products including Sportsbook, Casino, Live Casino, Poker, and Bingo.

How many sports does LeoVegas cover?

LeoVegas covers a total of over 35 sports, providing a wide range of options for sports betting enthusiasts.

How long does it take to process withdrawals at LeoVegas?

Withdrawals at LeoVegas are typically processed in up to 3 working days, which is considered moderate compared to other bookmakers. However, this varies depending on the chosen method.

More Bookmaker Reviews
Toby @ Punter2Pro