Librabet was created in 2018 and is one of few betting brands owned and operated by Tranello Ltd group of companies. Librabet is operating under a lincese from Curacao, issued to Araxio Development NV. Among other brands similar to Librabet we can name Malina Sports or Campobet, having similar betting markets and promotional deals, but operated just under different brands. Besides sports betting, Librabet also offers a casino and live casino section, where multiple games can be accessed and played from the web browser.
Librabet is licensed in Curacao, a jurisdiction which allows it to accept user registrations from a wide group of countries around the world. Operated in multiple languages and offering customer support in all of these, Librabet is targeting a wide group of users in Europe and internationally. The betting offer at Librabet covers many sports and it offer multiple betting options on each event.
Sports and Betting Odds
Librabet offers a competitive range of sports for betting, with multiple betting markets and promotions which can be taken advantage of. Among the covered sports are: American football, baseball, basketball, beach volleyball, boxing, cricket, curling, cycling, darts, field hockey, futsal, golf, handball, ice hockey, martial arts, motor racing, rugby, snooker, soccer, table tennis, tennis, volleyball. Betting odds at Librabet offers a good value to punters, with low margins in major sporting events. Soccer betting margin is 2.9%, tennis betting margin is 7.3%, basketball with 4.1% and so on. The overall betting margin is 5.3%. These betting margins have been calculated using odds from different events in each sport. Please note that margins may be different from a sport to another, and even from a league to other.
The Cash Out feature is not missing at Librabet, meaning users can terminate a betting position well in advance, without the need to wait for the bet settlement. Therefore, with the Cash Out feature in place, users can access their money quicker and cash in on winnings or limit loses from selected bets.
Security and Fairness
Librabet makes use of a secure connection, meaning all data entered on their website is encrypted to third party actors so that no one can read personal details, payment info or even bets placed. This is a standard in today's use of Internet with websites dealing with private details of users. More info about the measures in place for protecting user privacy can be found on the Privacy page available on Librabet website.
With a license from a jurisdiction like Curacao, Librabet is not in the top of the list for dealing with when it comes to player complaints. This is mainly because the jurisdiction lacks the proper bodies to intermediate and solve any disputes arising. However, Librabet does not have any standing issues with players, and any negative and positive thoughts from players can be checked in the Ratings tab here.