Redbet is a company established in 2002. It has been offering gaming options ever since and has enjoyed over time a market growth, especially in Scandinavian area, mainly in the casino section. While the sports betting section has been offering interesting promotions and good betting odds, it did not enjoy a popularity among users. In recent years, Evoke Gaming, owners of Redbet brand, has changed hands to Bonnier group and in the latest acquisition to MRgreen. With this change, Redbet sportsbook platform also got an upgrade to Kambi software, renowned for diversity of betting options and odds. Besides the sports betting section, Redbet also offers a casino and poker section.
Redbet operates based on several licensed issued in some EU jurisdictions like Malta, UK and Sweden. Targeting users from multiple countries, it was expected for the brand to be translated in several languages and offer support over email, chat or phone to players in selected countries. Enjoying an improved betting software, Redbet has a long way ahead in getting users back in the mix with their new sportsbook.
Sports and Betting Odds
Redbet offers good options in terms of sporting events on which customers can bet. Among the covered sports are: American football, aussie rules, bandy, baseball, basketball, boxing, cricket, cycling, darts, floorball, futsal, handball, ice hockey, motor racing, rugby, snooker, soccer, tennis, volleyball, winter sports. Betting odds at Redbet are well adjusted to please recreational users. Soccer betting margin is 6.3%, tennis betting margin is 5.3%, basketball with 4.0% and so on. The overall betting margin is 5.9%. 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.
As part of Kambi platform, users can enjoy at Redbet the Cash Out function. This means all users can terminate a betting position before being settled (even during the game as it is played). This allows players to take on their winnings earlier or limit loses.
Security and Fairness
With its licensing in several EU jurisdictions, Redbet is dedicated to ensure a safe and fair gaming environment. The gaming authorities from Sweden, UK or Malta are there to supervise and control Redbet operations and intermediate any player concerns if any.