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188Bet Review

Last Updated: May 22, 2020
Review of 188Bet
2.5|5

Editors Note:

Our review of 188bet looks at every aspect of the site to help punters make an informed decision about whether or not they want to open a 188Bet account. We’ve rated them with a 2.5 star grade overall – which means they are a solid online bookmaker but with some issues.

Up until recently 188Bet was making a concentrated effort on the UK market and trying to establish their name as one of the bigger online bookies… however in May last year they shut their doors to UK customers citing that the decision ‘was a commercial one in a very competitive market place’.

Given the higher level of scrutiny the UKGC are putting on UK licensed betting sites, whilst not proven, it looks very much like 188Bet knew they couldn’t stand up to this or their licensing agreement and pulled the plug before the plug was pulled on them.

As a result of this move we’ve downgraded them to 2.5 stars and realistically they are now very much an Asian facing online bookmaker so only consider them if you’re outside the United Kingdom.

188Bet Review
Only suitable for the Asian market.
Recommended:
Outside UK Only
T&C’s apply, 18+.

Licensing & Safety

Not licensed in the UK
How safe is 188Bet?
6|10
  • No UK license
  • Isle of Man gaming license
  • Quick pull-out from the UK market
  • Gaming Labs affiliation
Open an account at 188Bet!

T&C’s apply, 18+, New customers only.

Isle Of Man188Bet is regulated and licensed by the Isle of Man government and NOT the UK Gambling Commission. The fact that they are governed by a professional organization ensures that the integrity of the site is maintained. This regulation ensures that:

  • All minors are prevented from accessing the services that the site offers, so as to protect them from the risks associated with gambling.
  • All of the transactions carried out on the site are clear and not open to fraudulent activities, either by the users or the owners of the site.
  • Both losing wagers and winning wagers are honoured in full.
  • Anyone suffering from gambling related problems is able to contact the site for details about how to get help.

188Bet are owned by Annatar Limited who operate out of the Isle of Man and currently sponsor both the Asian Grand Prix and the 2020 Thomas & Uber Badminton Cup.

Note: 188Bet pulled out of the UK market very quickly in May 2019 after spending considerable funds investing in the space. This pull out aligned with a crackdown on questionable operators by the UK Gambling Commission and therefore questions must be asked about 188Bet’s activities and why they decided to end their license agreement in such a large worldwide gambling market.

Deposits & Withdrawals

Very limited options
Will I get paid?
3|10
  • Instant deposit options
  • Mastercard deposits
  • JCB deposits
  • ecoPayz deposits
Open an account at 188Bet!

T&C’s apply, 18+, New customers only.
Method
Fee
Time Scale
Deposit
Withdraw
Limit
Method

Mastercard

Fee

0

Time Scale

Instant

Deposit

Withdraw

Limit

3,000 – 550,000

Method

JCB

Fee

0

Time Scale

Instant

Deposit

Withdraw

Limit

3,000 – 550,000

Method

ecoPayz

Fee

0

Time Scale

Instant

Deposit

Withdraw

Limit

1,000 – 2,500,000

Markets & Odds

Most popular sports available
What sports are offered?
7|10
  • 25+ different sports
  • In-play betting availale
  • E-sports & virtual sports
  • Asian handicap specialists
Open an account at 188Bet!

T&C’s apply, 18+, New customers only.

188Bet is not one of the most popular sports betting websites around but it allows customers to bet on a variety of different sports, although there are sites with more sports than this one. One thing that you can expect though is that all of the sports are comprehensive, so you will be able to bet on almost any eventuality. The sports offered 188Bet are as follows:

  • American Football
  • Badminton
  • Baseball
  • Basketball
  • Boxing
  • Chess
  • Cricket
  • Darts
  • Entertainment
  • eSports
  • Financials
  • Football
  • Golf
  • Greyhounds
  • Handball
  • Horse Racing
  • Ice Hockey
  • Lottery
  • MMA
  • Motor Racing
  • Politics
  • Pool
  • Rugby
  • Snooker
  • Tennis
  • UFC
  • Volleyball

All of the sports listed above have their own dedicated section on the 188Bet website, therefore meaning that there is wide variety of opportunities for each. Also, many of the categories, such as football, envelop a huge amount of different leagues, both domestically and internationally. This means that whether an event is in London, Lisbon or Los Angeles, you will probably be able to bet on it at 188Bet however if it’s more obscure sports you’re after then 188Bet probably isn’t the right site for you.

If you compare the offerings at Betvictor or Paddy Power for example to that of 188Bet in terms of markets available then you’ll soon see why they don’t get a higher rating in this category.

In-Play Betting

Good coverage but slightly confusing
Is live betting offered?
6|10
  • In-play section
  • Decent range of events
  • Live scoring, stats & updates
  • Live streaming not available
Open an account at 188Bet!

T&C’s apply, 18+, New customers only.

188Bet In-play188Bet offers all customers the chance to bet while a game is in-play, therefore meaning that punters can bet on a variety of different situations at the click of a button. The in-play menu is completely comprehensive and shows all of the major odds for the different games, although to find more specific odds you need to click on the actual game being played. All of the odds are constantly being updated, as are the stats that the site provides.

Game time, score, cards, action areas and plenty of other in game stats are provided in the in-play section which is good to see. Even some of the bigger bookmakers don’t include these so this is a really plus for 188Bet.

To access the in-play features, all you have to do is click on the “Sports” tab, before then clicking on the “In-Play” tab (under the top menu). There is a preview of all the in-play matches as well, which can be found on the left of the main sport page.

It’s hard to find fault with the in-play betting suite offered at 188Bet. It runs smoothly, displays live scores well and offers plenty of markets to bet on. One thing it doesn’t do is offer live streaming of events to customers – for this service check out Bet365 who’ve got by far the best live betting/streaming options around.

Welcome Bonus

Varies by region.
New customer offer
5|10
  • First deposit bonus
  • Wagering requirements attached
  • Mainly focussed on casino products
  • Not attractive for sports punters

188Bet do run welcome offers for most new customers however the amount available massively depends on which region you are joining from. One thing all regions do have in common is the bonus comes in the form of a percentage deposit match with the latest advertised for customers from Japan being 200% up to $200/JPY 10,250.

A similar bonus is likely available regardless of which region you are joining from but it’s best to check that out using the button below – click and you’ll be taken to 188Bet where the bonus info for your location will be shown.

Click to check your 188Bet bonus!

T&C’s apply, 18+.

Overall Review

Here’s our overall take on things…
Our Verdict of 188Bet
Middle of the road option
OUR RATING FOR:
188BET
2.5 | 5

At the very start of our review page you might well have picked up on the 3.5 star out of 5 rating that we’ve given 188Bet. Now without any justification that doesn’t really mean much so in this part of the page we’re going to tell you why 188Bet gets 2.5 stars.

Basically 188Bet gets the midlle of the road rating. What does this mean? Essentially the product that 188Bet has to offer is decent but nothing more.

The problems start when it comes to promotions and the opening bonus. Promotions aside from the opening bonus (which varies by region) are not exactly plentiful which means they get marked down heavily. Add to that the fact that they no longer serve the UK market and you’ve got, what feels like, a bookmaker in decline.

We’ve never really heard any mention of 188Bet closing player accounts, denying bonuses or doing anything else underhand. They sponsor various sports and are pretty much known as a reputable brand but the lack of value for players is a real off put.

When you compare 188Bet with the likes of BetVictor there’s actually very little reason to join 188Bet over them – in fact you’d be better off with an account at number of our other reviewed betting sites.

188Bet just aren’t industry leaders, if you join up you’ll be provided with a decent service but there’s no real draw. There’s no live streaming, the bonus is below average in terms of generosity and there aren’t any promotions running either. The site works fine – it’s just not the best that’s out there.

Click to check your 188Bet bonus!

T&C’s apply, 18+.

User Reviews

What actual customers are saying…
  • Dennis85
    September 10, 2018

    I’ve got an account with 188Bet but never really used it. Went back onto their site recently to see if they’d got any better but still no reason to use them over the bigger name bookmakers who offer better odds, markets, live streaming, bonuses ect.

    Wouldn’t bother if I was you.

  • J.Ling
    October 29, 2018

    I use this bookmaker for Asian Handicap. Place all other bets with on different site. Do always pay money and answer emai.

  • S
    March 12, 2019

    thought I’d give 188bet a go when I noticed their sign up offer via Google, I signed up via the offer which was displaying on their site. However they refused to credit me saying the offer had been withdrawn the previous day despite the offer clearly being on their site the day after. Very dishonest and would not honour the offer.

    Customer service wasn’t overly impressive either, I’ll stick with my current bookie.

    • Cheeky Punter
      March 13, 2019

      It’s a real shame they pulled the offer and sorry to hear they wouldn’t honour it as advertised. If you want a different bookie recommended just let me know mate.

  • Masterplan
    May 1, 2020

    I am recently started using 188bet. For a few days I was losing on Baccarat, but managed to earn back my losses.

    When I signed up, I have provided them with all the documents requested. Passports, Proof of Address, Bank details etc. and they accepted all the deposits.

    Now when I tried to withdraw. Problem started. They are now requesting for source of wealth. I am currently between jobs so i have submitted with recent 4 months of bank statement,
    with my previous salaries etc. Then They started with other questions what is average salary on my previous jobs and stuff.

    I really just want my money back!

    I sincerely recommend not to use 188bet. there are so many others.

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