Efbet review


Efbet is the first licensed bookmaker in Bulgaria and it has its brand well established in Bulgaria. It is preferred by many European recreational players because of the amount of sports available to bet on, as well as the high odds for football, tennis, volleyball and basketball. Efbet also offers interesting casino games and acceptable live quality of casino.

Efbet has a reputation of company that is constantly improving its services and strives to satisfy its users in any possible way. The design of efbet follows an “easy-to-use” approach and it is extremely difficult to get confused. All call to action buttons are positioned in such way that it makes it a pleasure to find the sport you want and place a bet with them.

Efbet takes proud of having a company policy that will not limit wining punters. Efbet online division is relatively new and it aims to offer great customer support and will not limit nor restrict your bets even if you are widely successful with you betting strategy. What is more interesting here that Efbet maintains exactly the same punter’s police for both its online and physical-location shop!

Efbet is registered in Malta and its license is regulated by Maltese and Bulgarian authorities.

Welcome bonus


Currently Efbet offers to its new users a welcome bonus of 25% from their first deposit, up to 100EUR. Of course terms and conditions apply. For example, you can withdraw the bonus after turning over your deposit and bonus amount 3 times. Please keep in mind that bets only with odds over 1.50 will count in the turnover calculation. For example, if you deposit 100EUR into your account, you will receive a bonus of 25% which in this occasion means €25 Euro and that will make your whole betting balance €125 Euro. In order to make your bonus withdrawable you must turn-over the whole amount of €125 Euro three times at odds not lower than 1.50 which effectively means that your turnover needs to be €375 Euros. Below you can see the full bonus terms and conditions.

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How to Sign Up and get the bonus


To open an account with Efbet is relatively easy and you will only need to enter some basic information. The process can be done very quickly as information required is asked in straight forward manner, further you have some experience with sports betting you will find the whole process super easy. Please follow the steps below and ensure that you enter the following affiliate code: 10084 in order to ensure that you will receive the bonus and if there is something wrong with it we will be able to assist you with your claims. To deposit funds, you should verify the account from the email you will receive.

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1. First, you should enter your registration details like the username and password. The security code is there to protect your account in case you forget your details. The affiliate code 10084 is there to guarantee that you will get your bonus and if there is something wrong with it we might be able to help you!

open new account with efbet form

2. Second, your personal details. Keep in mind that they should be genuine, because you will need to confirm them to withdraw funds from your account.

efbet personal details

3. After that, you will receive confirmation email like this. Simply click the link and you are ready to deposit funds in your account

efbet account confirmation

4. And last but not least, choose your preferred payment method from the menu

efbet payment method
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Full Terms and Conditions of the bonus offer:


  1. This offer is valid only for new customers who have made their first deposit after 05.01.2016.
  2. This offer may only be used once. Using free bet or part of it, you agree to all terms and conditions listed below.
  3. The client is required to deposit into their account at least 10 BGN, 5 €, 7 USD, 15 TRY. The amount of the bonus is 25% of the amount of initial deposit, as the maximum bonus is limited up to 100 EUR or other currency equivalent.
  4. This bonus is granted as a Free Bet and can only be obtained for the amount of the client’s first deposit after 05.01.2016.
  5. To be eligible to withdraw funds from his/her account, upon receipt of the bonus, the client must comply with the bonus rollover requirement.
  6. Terms and conditions of turnover the bonus:
    1. A client is required a 3 time turnover in sports events on a total amount equivalent to 3 times the client’s deposit + 3 times the bonus amount. Only sports bets will count in the calculation of the bonus turnover. (Bets placed in the Casino section will not be involved in the turnover calculation). If a client deposits 400 EUR and receives a bonus amount of 100 EUR, to be able to withdraw funds from his/her account, he/she is required to place bets total amount of 1500 EUR or more which will count in the bonus turnover requirements. Upon deposit of 100 EUR and received a bonus of 25 EUR to get right to withdraw funds from his/her account, the client must play bets total amount of 375 EUR or more.
    2. Bets placed on selections at odds of less than 1.50 will not count towards turnover calculation.
    3. All bets placed on selections of the following Markets: "Asian handicap", all kinds of Asian lines "draw no bet", "odd / even" for all types of sports will not count towards turnover calculation.
    4. Only certain bets as a loser or a winner will count to turnover requirements. All bets on a specific outcome at odds of 1.00 will not count towards any turnover requirement.
    5. Bets played as Free Bets with will not count towards the turnover calculation.
    6. Bets, closed due to usage of Cash Out will not count towards rollover calculation.
  7. A client may have only one active bonus.To activate another bonus the customer has to terminate the current or decline it.
  8. The free bet obtained in the form of a bonus must be played entirely up to 10 days. Otherwise the customer loses the free bet. All wagers made with the free bet are not included in the calculation of the bonus turnover.
  9. The client has 30 days from the qualifying deposit to meet bonus turnover conditions. If after this period have not met the bonus turnover conditions, Efbet has sole right to decide whether to extend the period for rolling or take any profits and / or bonus amount from the client's account balance.
  10. If the client has bet the full amount or part of the sum of the free bet, have no right to withdraw before having fulfilled the turnover of the bonus (point 6.)

How to verify your account


After registration Efbet will send a verification email, with your account data and activation link. Once you click on that activation link, you will have an activate your account.

However, when you make a withdrawal for the first time, you might be required to verify your identify. That can be done with scanned copy of your ID card or driver’s license.

As a standard Know your customer procedure Efbet might also require you to send a photo of the credit card that you used to deposit money. In this case they require only a photo of front of the card.

Payment methods


Efbet withdrawal and deposit options

Efbet offers diverse payments methods in order to ensure its customers satisfaction. We have made our own research and below you can see how you can deposit or withdraw funds in Efbet.

  • Bank transfer
  • Skrill
  • Neteller
  • WireCard
  • ecoPayz
  • Bitcoin
  • ePay
  • EasyPay

Furthermore, we created a useful table where you can find more information with regards to the minimum deposits and withdraws requirements, fees and how long it takes to get your money.

MethodMin WithdrawalMin DepositWithdrawal FeeWithdrawal Processing Time
VisaEUR 15EUR 5EUR 02-5 Banking days
MastercardEUR 15EUR 5EUR 02-5 Banking days
SkrillEUR 15EUR 53%1 hour
NetellerEUR 15EUR 53%1 hour
Bank TransferEUR 125EUR 10EUR 152-10 Working Days

Languages, currencies & odds formats


Although Efbet targets mainly the Bulgarian market they support multiple languages which make it preferred choice for international punters as well.

You can choose one of the following languages:

  • English
  • Turkish
  • Greek
  • Bulgarian

Currencies Available:

  • EUR
  • USD
  • GBP
  • CHF
  • BGN

Odds formats:

  • EU (decimal)
  • UK (fractional)
  • US (moneyline)

Pros


Efbet is one of the leading online bookmakers in Bulgaria and certainly is among the preferred choices for the local punters. In addition is worth emphasizing that the betting service offered is from a high quality and it can indeed compete with other European bookmakers. The doors for new winning punters are widely opened and clearly Efbet has relatively generous offer for its new clients with pretty standard bonus withdrawal terms and conditions.

  • In-play betting and Live-stream
  • Good odds for most popular sports
  • Cash-out option
  • Live casino
  • Live chat customer support

Cons


Although we could not find any reports for restricted wining players, we would approach Efbet with a bit of a mindset as we believe that the online bookmakers has been around not for too long and perhaps they have not managed to on-board many winning punters yet. Furthermore, Efbet does not yet have betting license for France which might be a bit frustrating for French punters.

  • Restricted to France and USA
  • Missing casino bonus

Contact with Efbet


In case you need more help, you can interact with Efbet in through the below underlined ways. Here it is worth mentioning that live customer support is offered on both languages English and Bulgarian.

  • Live chat at their website (recommended).
  • Support: Efbet
  • Telephone: +359 2425 4 888
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