Mountbet is a betting exchange platform that lets you design your own bets. You can simply change the odds on any outcome and play the bets as a bookmaker. Mountbet is powered by Betfair exchange and have a good reputation in the betting industry.
There are lots of issues on Mountbet. These include a flawed signup process, no vip clubs, very few bonuses, and live streaming unavailability.
Mountbet is a betting platform different than your regular sports betting sites. It is a betting exchange powered by Betfair Exchange. On Mountbet, you can be a part of the punter community, ask for better odds, or match the bets available, just like a sportsbook.
Mountbet is recent to the betting market and has gained a good reputation by offering a wide range of sports as well as political and current affairs markets for betting. Mountbet has 22 sports with more than 20000 monthly events on its platform.
Mount bet website has a Black and yellow theme. The layout is a little difficult to understand, especially when the search button is unavailable. You can get various neatly organized tabs to guide you to sports, live betting, casino games, and Promotions. The A-Z menu is displayed on the left side of the screen, while the bet slip is on the right. Once you scroll down the landing page, you can find all the information related to Mountbet such as the about page, FAQs, terms & conditions page, live calendar, and much more.
In this Mountbet review, we will discuss Mountbet’s fun88 coverage, bonuses and apps, and other betting features that the exchange provides.
Mountbet has major and minor international fun88 tournaments across the world, along with some domestic level matches across first-class, List-A, and T20 formats listed on its platform. Despite not accepting players from the United Kingdom, we found in-play bets for county tournaments such as the County Championships and Vitality T20 Blast covered by the betting site.
We found these scheduled and in-play bets for the following tournaments covered by Mountbet:
What felt odd was that Mountbet is not available in 12 out of the top 14 fun88-playing nations. Only India and South Africa have Mountbet’s services available.
Mountbet covers the live or in-play market for major fun88 tournaments. By clicking on the live betting section given at the top, Mountbet takes you to the available betting options for live fun88 matches. Since there is no search button, you will have to find the live games by scrolling down.
Mountbet provides a detailed analysis of the live game. You get to see a scorecard, over wise statistics of the live match you want to place a bet on. There is no virtual field or wagon wheel to give you more data about how and where the shots are played.
Mountbet doesn’t have a live streaming option for any sport. It becomes difficult to follow the game somewhere else and to choose odds to match the bets placed by punters.
Overall it’s 3 out of 5 stars for Mountbet for poor live coverage of the fun88 market.
Mountbet Bonus
It is part and parcel of sports betting sites to offer bonuses to its new as well as existing customers. But Mountbet exchange fails to live up to the users’ expectations in the promotion section. While writing this review, we noticed that Mountbet offers just one bonus to their new users and one promotion on their betting exchange. There are no bonus codes, Free bet, cashback, or a VIP system for bettors who use Mountbet’s betting exchange platform.
Mountbet offers an average welcome bonus on opening a new account. Every new player gets a chance to get a bonus of up to INR 2000/ Eur 20 (or in equivalent currency) after opening an account on Mountbet Exchange. Users can use the welcome bonus to place bets on any sport available on Mountbet.
General terms and conditions to get eligible for the Mountbet Welcome Bonus:
1. Enter code FREE20 on registration
2. Make a minimum qualifying bet of €20 (or the equivalent of user currency) or more on odds of 1.6 or more.
3. Bets over €20 (or the equivalent of user currency) will be counted only as one qualifying bet.
4. Your bet should be placed and settled within 30 days of opening your new account to qualify for the bonus.
5. Bets placed on the winner markets in any sports will not qualify for the bonus.
6. Cashed out and voided bets will not qualify.
7. Only bets made using payment options such as Bank Transfer, AstroPay, Much Better, or through the range of cryptocurrencies available on Mountbet will qualify.
8. This offer is valid only on sports betting and does not extend to other products like online casino games offered by Mountbet.
After deducting the free bet amount, the winning funds will be added to your Mountbet account as real money.
Mount bet doesn’t offer free bets excluding the one you get as a Welcome Bonus.
Try to be 100% certain while picking up odds as Mountbet doesn’t have a cashback offer for its customers.
As we said earlier, Mountbet doesn’t offer bonuses for existing bettors. Besides this, Mountbet runs a promotional offer on the football betting market. Mountbet charges only a 1% commission on selected soccer matches on Fridays, Saturdays, and Sundays. The low commission bet bonus is only available for the English Premier League, the English Championship, France’s Ligue 1, Germany’s Bundesliga, Italy’s Serie A, and Spain’s La Liga.
Mountbet Bonus | Eligibility | Time Limit | Minimum Odds |
Welcome Bonus | New Customer with a minimum first bet of EUR 20 (or in equivalent currency) | 30 days from the registration | min Odds of 1.6 or higher |
Overall, Mountbet gets 1 out of 5 stars in the bonus department. Since the Mountbet betting exchange is relatively new, let’s just hope you will be able to enjoy plenty more bonuses and promotions, including deposit bonus offers, risk-free bets offer, and plenty more in the future.
Mountbet has a mobile app for Android, iOS, and Windows devices. They have an engaging mobile version of their website, sufficient to place bets without using these apps. But if you are comfortable using apps, it is available on their mobile as well as the website in the top right corner below your name.
Follow the steps mentioned below to download the Mountbet app on android:
Follow the steps mentioned below to download the Mountbet app on iOS:
Well, Mountbet also has a mobile app for Windows. Happy to give them 4 out of 5 stars in the app department.
Mountbet has 22 popular sports markets along with politics and upcoming events. These sports include soccer, Basketball, baseball, and many more. More than 20000 events that include in-play, as well as upcoming events, can be found monthly on Mountbet.
Since Mountbet is a betting exchange platform, you can’t have the luxury of putting combo bets. But it is replaced by a back bet and a lay bet. We will explain these bets in the later section of this review.
Football betting is highly active on Mountbet. It covers the English Premier League, La Liga, Serie A, UEFA Champions League, UEFA Europa League, Fifa World Cup, and all big tournaments across the world. The same is the case for Basketball and Tennis betting where you can get highly competitive odds.
Mountbet always displays the odds in decimals. There is no option to change them in American, Malay, Hong Kong, Indonesian, and Fractional.
Besides soccer, the following is the wide range of popular betting markets covered by Mountbet –
Horse Racing and greyhounds are the pinnacle sports on Mountbet. Mountbet has a separate menu for all available horse and greyhound races. Out of many major flaws, we found that Mountbet doesn’t have a search button. So scrolling is your only option to find bets for your favorite sport.
Placing bets on Mountbet is slightly different than any other betting platform. It is like trading where you can ask for better odds and be a player or a bookmaker. Before placing a bet on your favorite sport, let’s learn about the bets available on Mountbet.
Back Bet
This type of bet is the standard bet you place with a traditional bookmaker. To back a selection is to place a bet for something to happen. The odds for the back bet are shown in sky blue color.
Lay Bet
To lay a bet is to place a bet on something not to happen. For example, if you lay on Manchester City to win, you would win your bet if they either lost or drew their match. The shorter the price you wish to lay, the less money you have to risk compared to your potential reward. The odds for a lay bet are shown in pink.
Follow the steps mentioned below to place a bet on Mountbet:
The betslip settings let you flash the price change as well as the betting appearance. You can go with a One-click-betting betslip to register your odds faster.
Cashout:
Mountbet has a cashout feature that lets you settle your bets before the outcome of the wager. All you have to do is keep the cash-out feature enabled from the betslip settings. The settled amount gets added to your account. Partial cashout is not available on Mountbet.
Sports betting platform:
Mountbet has a good reputation in the betting industry over its platform. It not only gives you highly competitive odds but also gives you a chance to be a bookmaker. If you are not satisfied with the odds, you can always ask for better odds and wait for your bet to get matched by other players.
Customer Support:
Mountbet has 24*7 customer support via live chat or email. The live chat tab is available at the top right corner. It is swift, and you get replies from the available agents within a minute. To get assistance via email, you may contact [email protected] . We couldn’t find a direct call line for Mountbet players.
Payment Methods:
Mountbet has minimal payment options to deposit or withdraw money. So far, they have just 6 ways to deposit money in your account. MuchBetter, AstroPay, Jeton, LATAM & Africa local payments, Bank transfer, and cryptocurrencies. The minimum deposit is INR 100 or in equivalent currencies while the maximum deposit is capped at INR 200,000 or equivalent. The crypto payment method takes around 10 to 60 minutes to process. The bank transfer is very slow and can take up to 5 days.
Mountbet offers 3 Currencies to open your account with – EUR, BRL (Brazilian real), and INR (Indian rupee).
Mountbet operates what’s called a ‘closed loop policy’ when it comes to withdrawal. Every time you make a deposit or a withdrawal, you’ll notice the ‘Net Deposit’ figure on that payment source change. This policy is just one way they protect both Mountbet and our customers against fraud and money laundering.
Here are the steps for registering your Mountbet account
Your account is created, and you get an email from Mountbet for successful registration. But here is the catch. They don’t send an email to verify your email. Though the KYC is important at the later stages, what if I have your email id and create your account before you do?
Yes! Mountbet is a legal betting exchange and online casino site operating under License No. 8048/JAZ issued to Antillephone, Authorized and Regulated by the Government of Curacao. Mountbet uses Secure Socket Layer (SSL) encryption to ensure the highest security for your financial and personal details submitted to us over the internet. SSL allows sensitive information such as credit card numbers, social security numbers, and login credentials to be transmitted securely.
If you are a resident of the following countries or jurisdictions: Afghanistan, Albania, Angola, Australia, Bahamas, Bangladesh, Barbados, Belgium, Bosnia and Herzegovina, Botswana, Bulgaria, Burundi, Cambodia, Cameroon, Canada, Cayman Islands, Central African Republic, Chad, China, Comoros, Cuba, Curacao, Cyprus, Czech Republic, Democratic People’s Republic of Korea (North Korea), Democratic Republic of the Congo (Congo), Denmark, Dutch West Indies, Equatorial Guinea, Eritrea, Estonia, France (and French Territories), Germany, Ghana, Gibraltar, Greece, Guatemala, Guinea Bissau, Haiti, Honduras, Hong Kong, Hungary, Iceland, Iran, Iraq, Ireland, Isle of Man, Israel, Italy, Jamaica, Japan, Libya, Macau, Madagascar, Malta, Mauritania, Mauritius, Mongolia, Mozambique, Myanmar, Netherlands, New Zealand, Nicaragua, Nigeria, North Korea, Pakistan, Panama, Papua New Guinea, Paraguay, Poland, Portugal, Romania, Russia Federation, Saudi Arabia, Singapore, Slovakia, Somalia, South Sudan, Spain, Sudan, Sweden, Switzerland, Syria, Taiwan, Tajikistan, Turkey, Turkmenistan, Uganda, Ukraine, United Kingdom, United States of America, Uzbekistan, Vatican City, Venezuela, Yemen and Zimbabwe, or any other country with a comparable legal situation, you cannot access mountbet
So far, India doesn’t have strict laws on online betting. That’s why various sports betting sites are targeting Indian punters and players. Except for a few states that have passed resolutions to ban such activity, India has zero cases of online betting activities. If you are from Andhra or Telangana state, we advise you not to bet anywhere. Otherwise, Mountbet offers its services to all customers above 18 in India.
For Indian customers, Mountbet accepts currency in Indian rupees. Even you get bonus money in rupees. Though no local payment methods are available on Mountbet, we expect them to be integrated into their platform in the future.
Mountbet is owned by Sports Target BV, a company incorporated and regulated in Curacao under company number 148053. The Sports Target BV holds license No. 8048/JAZ issued to Antillephone. Mountbet brings world-class sports betting exchange model to its B2C and B2B customers via BETKiT – a registered brand of Fair Sports Limited (FSL), a betting technology provider. FSL is registered in the Isle of Man (UK Isles).
Mountbet is powered by Betfair exchange and delivers a suite of innovative products like 500+ Casino games, 20000+ sports events, and exploring integration with licensed providers of esports and virtual sports.
Mountbet has only one bonus for you to claim. All you have to do is to put in a ‘FREE20’ bonus code while registering.
Yes. Mountbet does have apps for android, iOS, and Windows systems. The link to download these apps is provided in the top right corner of the Mountbet website.
Cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Tether are accepted as payment methods on Mountbet.
Here is an example to give you more idea about Mountbet’s closed-loop withdrawal policy. Let’s say, you made $70 worth of deposits from your Visa card (above) and $50 worth of deposits from Neteller. Your net deposit on your Visa card is $70, and on Neteller, $50. After some betting success on the site, your ‘Available to Withdraw’ balance is $500. You wish to withdraw $150. Your preferred withdrawing method is Neteller, but before you can withdraw back to it over and above $50, you will need to ‘close the loop’ and level the positive Net Deposit on your Visa card. You’d need to withdraw $70 back to the card, making the Net Deposit figure $0.00. Then, you can withdraw $80 or more back to Neteller.