Tipwin Sportsbook Review
Tipwin Summary
Tipwin sportsbook is a Maltese based company who have been in operation since 2010. They hang their license in Malta and are regulated by the Malta Gaming Authority (MGA). The company not only have an internet presence, but also high street bookmakers in Germany and Austria.
They are currently the exclusive sports betting sponsor of Bayer Leverkusen and Hanover 96 and have established themselves with some strong financial figures. Tipwin have recently been granted the right to offer online horse racing betting within some parts of Germany and the company seem to be growing. What is their service like?
- US Players: Yes
- Site founded: 2010
- License: Malta
- Bonus: 100% up to €100
- Bonus Rollover: 5x
- Last Updated: 17/05/2018
- Mobile Compatible: Yes
- Payment Methods: Mastercard, VISA, Neteller, Skrill, Maestro, Sofort, Giropay, Trustly, Moneta, ecoPayz, Webmoney, YandexMoney, Poli, Astropay card, Astropay
Tipwin Features
- Growing sportsbook
- Great for live betting
- Lots of payment options
Tipwin Pros
- Great welcome bonus
- Fast withdrawals
- Excellent football coverage
Tipwin Cons
- Average odds margins
Website
Two words to describe the Tipwin sportsbook website; unoriginal and functional. The designers didn’t exactly try and split the atom when making the website, rather they stuck with the status quo and what appears to work when it comes to a sportsbook layout.
On the left-hand side of the page, a list of sports ordered initially by popularity then by alphabetical order. The centre of the page is home to the list of live and in play sporting action alongside some of the main event of interest to most bettors. Once a customer has stuck a wager, it will appear in the bet slip which is located on the right-hand side of the page.
Everything works quickly and is intuitive, but perhaps Tipwin could have spruced up the site with some more modern text and graphics.
One nice aspect of the website is that when a customer has selected a market, such as the NBA playoffs, it will appear on the centre of the screen. This is standard, but when the bettor then navigates to a different sport, when they select their second market, the NBA playoffs also remain on the main screen. This is nice, as it allows players to check out the odds of a variety of different events that may be of interest to them, without having to click back and forth.
Tipwin sportsbook does not provide live video streaming of any games through their website, which is something they will need to look into if they want to catch up to the big boys. The website can be viewed in several languages, namely; English, German, French, Croatian, Italian, Turkish and Albanian.
Bonuses
Tipwin sportsbook does offer a generous looking €100 sign-up bonus for customers, which can be used on sports and live betting.
Once a customer has registered an account they need to get it verified, then make their deposit and the bonus will be automatically granted. In the instance that the bonus funds are not added to the account, clients are urged to contact payment@tipwin.com.
The terms are not bad for a modern-day sportsbook – the deposit and bonus amount must be played through a total of 5 times before any funds can be withdrawn.
For instance, if a user deposits €100, they must wager €1000 to satisfy the requirements (€100 + €100 x 5). The only other stipulation is that in order to qualify towards the rollover requirement, the player must be on games/matches/players with odds of 1.80 or greater.
Sports
Tipwin sportsbook most certainly doesn’t break any records when it comes to the number of sports they offer their clients, however, all of the major and popular disciplines are covered. Top of the list, with comfortably the most games and leagues covered is football. At the time of review, there were over 800 available markets for bettors to choose from. To put that in perspective, the next most popular sport was basketball with 69 markets, so the Tipwin service is definitely heavily weighted towards football (or soccer for our American brethren).
The coverage of football is solid. All of the major leagues from around the world are available, and there are betting opportunities for clients who like to strike wagers in the lesser known or revered countries, such as Kazakhstan, Moldova, Rwanda and Singapore. In total there are odds for matches from 47 different leagues.
For the English Premier League matches, in addition to the 1X2 fayre, there is a plentiful supply of additional bet types for bettors to choose from. A day before the West Ham v Man United match, customers had just over 60 additional betting options. While this is a solid number when looked at in isolation, most firms now inundate customers with a variety of different ways to bet and for top-tier matches, they will provide at least 100 extra bet types. All of the usual suspects are present with the Tipwin additional bet types. Customers can place their money on Total Goals, Over/Under, Handicap, Correct Score and much more.
The odds on football start off average but get better the closer it is to game time. Although most sportsbooks price up the English Premier League with the lowest margins, in our review, we found that Tipwin is most competitive when it comes to the German Bundesliga, with matches working out to 103.5-104.5%. This is strong without being market leading.
When looking at other sports, the odds again are just okay. The top competition in ice hockey is the North American NHL, and the game lines for matches typically add up to 109%. A total book of 105-106% is seen as an industry standard. With the NBA playoffs in full flow at the time of review, the odds provided by Tipwin will be just about as competitive as they will be all year. Books of 106.5% are nothing to write home about, with the firm being a couple of percent over where they need to be in order to be competitive in the marketplace.
Tipwin Sportsbook Mobile
As technology has improved in recent years, there has been a proliferation of mobile betting. Striking a wager while on the move, in the pub, or at home on the sofa has become very popular and indeed very convenient. When using a mobile betting app, customers want a product that loads quickly, is easy to navigate around and is functional. Bets on mobiles are often struck on live action, and having quick access to the desired market is an essential part of having a successful app.
Tipwin have clearly put some effort into the R&D of their mobile optimised website, and it scores very highly. Customers can flick between sport, live betting, casino or live casino at the top of the page, and the loading is almost instant. When selecting sports, a scrollable horizontal menu bar with each sport’s icons appears, and the number of markets for each sport/country is shown. Once a bet is selected, it instantly loads to the bet slip which is located at the bottom right hand of the screen. All of the functionality available on the desktop site is replicated on the mobile website.
In addition to the mobile optimised website, there is also a new downloadable app for both iOS and Android devices. The functionality is much the same. In reality, the downloadable mobile apps served more of a purpose when the mobile optimised websites were much slower and more cumbersome.
Case in point with Tipwin – their mobile website loads just as fast as the app. The only benefit is having a nice shortcut on a mobile or tablet to get onto the sportsbook. All the same, the fact that TipWin sportsbook has invested funds in developing apps and for two different operating platforms, speaks to the company’s ambition to be a player in the European sportsbook market.
Payments
Tipwin sportsbook has a wide range of options for bettors when they are ready to top up their accounts. The minimum deposit for all of the payment methods is €10 (or equivalent) and the maximum is €5000 for all but Paysafecard which has a maximum of €1000. The following methods are available:
- Visa
- MasterCard
- Maestro
- Skrill
- Paysafecard
- NETELLER
- Sofort
- Giropay
- Trustly – Bank Transfer
- Moneta
- EcoPayz
- WebMoney
- YandexMoney
- POLI
- AstroPay Card
- Astropay
Not all of the payment options used for depositing are available when a player wants to withdraw their funds. They are able to use Visa, Mastercard, Maestro, Skrill, Neteller, Moneta and a Fast Bank Transfer. The minimum withdrawal is €10, and it takes anyway from immediately (Skrill) to 1-2 days (the majority of the other methods) for funds to hit bettors’ bank accounts. There is no fee when depositing or withdrawing which is nice.
Restricted Countries
Tipwin customer services declined to give a list of restricted countries, stating that it is up to the individual to determine whether betting is legal in their jurisdiction. With that being said, there is the option to sign up from both the USA and UK, which is fairly unusual (the USA for the reason most Euro sportsbooks don’t offer their services to citizens of America, and the UK as firms technically need a licence with the UK Gambling Commission).
Customer Service
Tipwin sportsbook does not currently provide bettors with a telephone number to call with any queries, however there other ways in which customers can get hold of representatives of the company. When on the website, clicking on the Contact Us link at the bottom of the page will navigate users to an e-mail form. Interestingly, however, by clicking on the About Us page, a number of other methods to contact Tipwin show up. Bettors can contact them via the post:
TIPWIN LIMITED
101, Cospicua road
Paola, PLA 1905
Malta (EU)
Through e-mail; info@tipwin.com or customer-service@tipwin.com and by fax; +356 21668276. Why these methods aren’t listed on the Contact Us page is a little strange.
There is a small FAQ section, but it only answers very general questions, so customers wishing to have a sports specific answer provided, will be disappointed. For that, they must contact customer services.
Overall Rating
Here at SBO, it is our job to bring you an honest assessment of each bookmaker, and the reality is, Tipwin sportsbook sits probably just mid-table.
Everything about their service is okay, without being standout. They have some perks and it is always advisable to have as many betting accounts as possible, so we definitely wouldn’t recommend against getting an account with them. Their service seems to be growing, with a strong financial base, so expect to see some improvements in the forthcoming months and years.