- Events 0% margin
- Excellent odds
- Streaming service
- Phone & live chat
From Bulgaria comes Efbet, one of the most important Betting shops in the Balkans. It enjoys great prestige in countries like Bulgaria itself, Serbia, Romania, Greece or Turkey; and now he wants to gain a foothold in the always competitive world of betting shops in the Philippines. For this, it has the corresponding license from the AGCO, which approved its application in May 2019. Its arrival in our country occurs in parallel to its commitment to the Italian market.
Table of Contents
A growing operator, which as its name indicates has made sports betting its flagship. But its activity does not end here, since beyond its sportsbook we find a casino where slot machines coexist with live roulette. In fact, it has numerous physical casinos in Bulgaria. Its origins date back to 1990, although it was not until 2006 that it took the step into the world of online betting. In Philippines it is operated by EFBET, PLC, a company based in Malta.
What does Efbet offer us?
When we first arrived at Efbet, we found a familiar design for any user with a minimum of experience in sports betting. The color combination - black and yellow - and its layout remind Philippines of Interwetten in some of its old designs. In any case, navigation is really simple and we won't take long to get used to it. However, it takes a few seconds longer than we would like to load.
One of the identities of Efbet are the 0% margin bets, something also found in marathonbet, which implies excellent odds. If we click on "Top events" in the sportsbook menu, we are automatically redirected to events with that 0% margin, grouped in soccer, basketball, tennis, ice hockey, or volleyball. They usually coincide with Champions League matches, major leagues, NBA, Euroleague, Eurocup, Grand Slam, or ATP and WTA circuit tournaments, NHL, and more.
Beyond these events with 0% margin, Efbet's odds are usually quite competitive. This is a way to alleviate a sportsbook that is significantly inferior to other bookies, especially in terms of the number of sports. A handicap that clearly works against them, although it is something that we can expect from a house with little experience in Philippines. The Cash Out function allows Philippines to cash out in numerous markets. However, there is no bet builder.
Efbet has a streaming feature that allows Philippines to follow the development of certain sports events, making it the perfect complement for an interesting live betting section but with chaotic navigation. Issues such as payment methods or support are in the chapter of aspects to improve, as well as the development of the app. Let's find out in more detail what we can find in Efbet.
Sports and markets
We have just over a dozen available sports, although the most popular among bettors are not missing. Football, tennis, and basketball have a prominent presence in Efbet's sportsbook, and as we've often said, they come with a 0% margin. They are joined by ice hockey, darts, table tennis, baseball, rugby, handball, boxing, and MMA -they share a category- or eSports.
A top-level football match such as the Champions League, LaLiga, Premier League, etc. offers around 200 markets. These include full and half Asian lines -excluding Asian handicaps or fours- as well as bets on the scorer, corners, cards, etc. We also provide a wide range of betting options for sports such as basketball and tennis, covering numerous competitions across countless countries.
In the eSports betting chapter, we have the opportunity to bet on CS:GO, DOTA2, or League of Legends, with interesting coverage of both competitions and markets. What we do not find are other bets beyond sports and eSports - politics, culture, etc. It has a section for long-term bets, where bets on motorsports, such as a Formula 1 GP, appear.
We have already mentioned numerous times that Efbet focuses on events with 0% margin in the main sports and competitions. This way, Efbet's odds tend to be among the most prominent, especially in the moneyline markets. One look at our odds comparison is enough to confirm this. Apart from the match winner bets, Efbet offers consistently interesting odds in most prematch markets, only slightly deviating from the highest odds by a few cents.
Live section (live betting)
A similar scenario can be found in live betting. We have extensive coverage of live betting, from football to eSports, darts or beach volleyball. In perspective, it could be said that the coverage of live events exceeds that of pre-match sports. In addition, live betting odds remain just as competitive as those available pre-match in the majority of sports. However, the live betting section is somewhat chaotic, with events grouped by sport but not by competition.
The offer of live betting markets is also quite good, combining the options found pre-match with others specific to live markets: who will score the next goal, in-play tennis bets, winner of the current quarter in basketball, etc. In addition, in the live betting section, we find a quite comprehensive statistical information that allows Philippines to analyze these live markets more accurately.
One of the noteworthy aspects of Efbet is that it offers live streaming of various sports, facilitating our live betting. It only takes having $1 balance in our account to access Efbet's streamings. It covers basketball, tennis, volleyball, or eSports, among other disciplines. However, it generally covers second and third level competitions.
Accepted payment methods
Efbet is not particularly distinguished by the available payment options. We can deposit and withdraw using our bank card, Skrill or Neteller, two of the most popular e-wallets. In all cases, the minimum deposit is $5 and withdrawals are processed from $15. However, withdrawals through Skrill and Neteller are subject to a commission of 3%, the same commission that Efbet applies to any other method if the user requests a withdrawal before playing the total deposited amount.
Beyond these methods, we can use PaySafeCard cards to make deposits of 10$ to 20$. In this case, we are required to withdraw by bank transfer - also if you use a MasterCard to deposit - with a minimum amount of 125$. Something that can certainly be a handicap for many users. We can make deposits by bank transfer, always starting from 20$ and with a minimum withdrawal of 125$.
How to register and deposit at Efbet?
Registering at Efbet will take Philippines only a few minutes. We just have to go to the Efbet website and click on the "Register" button located in the top right corner. Then, we will need to fill in the registration form with our username, password, email, and personal information. Once this is done, we can start playing at Efbet... as long as we have completed our first deposit. Don't forget that for a complete experience, we will need to verify our account.
Once registered on Efbet, you will need to make an initial deposit to start playing. To do this, log in and go to "Deposit". You will be presented with the different options available, select the one you will use and follow the usual steps for the chosen method. Keep in mind that if you decide to deposit via bank transfer, it take a few days to receive the funds. To expedite the operation, contact Efbet's support team.
On paper, Efbet has an app for Android and iOS. At least, that's what the banner on their website says. However, it's impossible to access the Efbet app because said banner doesn't work and we couldn't find the app on Google Play or the App Store, at least not in Spanish. Therefore, to bet on Efbet from a mobile device, we have no other choice but to access the betting house from the web browser on our device. Efbet's website features a responsive design that allows Philippines to make the most of the experience, enjoying all its features.
The best security guarantee are the licenses from AGCO, and as we mentioned at the beginning, Efbet has authorization from AGCO to operate in Philippines. This permit ensures Philippines a safe gaming environment in accordance with our country's legislation. Being an operator without the name of other betting houses or the physical presence of some bookies, the first thing we should do is to check if it has a license, as is the case with Efbet.
Additionally, on their website we can find the seals of Gambling Aware, Juego Seguro, AutoExclusión, Jugar Bien or +18. Beyond the AGCOlicense, Efbet has the corresponding licenses in other countries with strict gambling regulations such as Italy. Remember that for a complete gaming experience, you will need to verify your account with Efbet. Additionally, they request additional documentation before processing a withdrawal.
Efbet has a live chat where their agents will answer our questions, although it is not always available and has received complaints about the slowness in getting responses. Beyond the live chat, we have the phone number 911 196 323 and the email address [email protected] to which we can write if our inquiry through the chat or call does not receive a response.
Beyond the contact methods, we have the usual Frequently Asked Questions section where we can resolve our doubts about betting, casino, deposits and withdrawals, account verification, etc. As for social networks, you can follow Efbet on Instagram (@efbet.com). It has a Twitter account for Philippines (@efbet_us) that is inactive.
Efbet: Opinions and conclusion
Efbet has numerous interesting features, as well as areas for improvement. Without a doubt, the best aspect of Efbet is its odds, which are among the best, thanks in part to the 0% margin it applies to pre-match bets. We also have very competitive odds for live betting. The fact that these odds correspond to the most popular sports among bettors -football, tennis, basketball- invites any user to register at this bookmaker.
However, Efbet has numerous limitations. One of the biggest handicaps is the limitations when it comes to withdrawing funds. The minimum withdrawal of 125$ per transfer for deposits via MasterCard, PaySafeCard or bank transfer is clearly excessive. The 3% commission on withdrawals via Skrill or Neteller also doesn't sit well with us, as it's a practice we don't find in other betting sites.
Another aspect to improve on is the loading speed and customer support, with a live chat that leaves a lot to be desired, the sports offerings on their sportsbook or the chaotic navigation in live betting. However, they do offer the possibility to follow certain events through streaming. If they are able to correct these small errors, we are looking at an operator with many options to compete with the big names in the sector on equal footing.
- Events with 0% margin
- Excellent fees
- Streaming service
- Phone & live chat support
- Improvable load speed
- 3% Commission on Skrill and Neteller withdrawals