Launched in 2020, Powbet is a crypto-friendly online casino and sportsbook. It’s owned and managed by Liernin Enterprises LTD., via an offshore gambling license issued by PAGCOR (the Philippine Amusement & Gaming Corporation).
The brand is quite popular in Australia, welcoming residents with fewer content and payment method restrictions. You can use a generous assortment of 7+ cryptocurrencies, including BTC and ETH, but also credit cards and e-vouchers.
New players who register and make a first deposit receive a casino sign-up bonus of up to A$750 and 200 free spins. Seasonal offers are also abundant, with highlights including weekly sports reload bonuses, Sunday free spins and live casino cashback.
If you prefer gambling, there are thousands of pokies to keep you company from accredited studios like Quickspin and Spinomenal. Alternatively, sports fans have access to famous Australian leagues and popular markets, which we’ll break down extensively in our Powbet review.
If you’re asking yourself ‘is Powbet casino legit?’, we’ve gone ahead and covered everything you must know about its licensing status, reputation and operations.
The owning company, Liernin Enterprises LTD., runs several other successful online casinos and bookies such as RT Bet and Slotuna. To uphold a secure and fair environment for players, the brand runs strict KYC checks, soliciting newly registered account holders to supply their documents within 30 days after the request is made.
Furthermore, all forms of communication with the site are encrypted, given the presence of a valid SSL certificate. Should you need to self-exclude to curb addiction problems, you can reach out to the casino by e-mail at support@powbet.com, and they’ll assist you with every step of the process.
Although the name alludes to a betting operator primarily, the casino section is also nothing short of spectacular, so you can spin the reels or show off your card skills in one place. The lobby opens with around 4,550+ Powbet games total, and the main categories popping up include online pokies, live casino, blackjack and poker.
To help you score even more, each A$150 wager on any casino game gives you 1 coin. These coins can be exchanged in the shop for bonus money, sports bets and free spins packages.
Because they’re undoubtedly a local hit, Powbet Australia created a special category for pokies. It counts 4,000+ titles, updated with a satisfying frequency to keep you in the loop constantly.
These range from new releases like Big Bass Floats My Boat to progressive jackpot games like Fire Joker. With over 50+ software providers to choose from, such as NOVOMATIC, Red Rake Gaming and NoLimit City, you’ll find enough fresh features to explore. We were particularly impressed by the selection of Hold & Win, Bonus Buy and Cluster Pays pokies.
Another highlight worth mentioning is the presence of several exclusive games, namely Big Wave Delight, Kraken Bay and Bullet Hole, adding a touch of originality to the collection. If you’re undecided, we encourage you to utilize the premade filters ‘new’, ‘popular’ and ‘jackpots’.
The live section is certainly the crown jewel in Powbet’s game arsenal. Aussies can delight themselves with over 300+ live tables, where the technical prowess of Evolution Gaming, Pragmatic Play Live, Swintt and others truly gets to shine.
As a minus in terms of organization, there are no other subcategories for the main game types, forcing us to scroll or use the search bar to locate desired tables. Powbet offers classic additions like live roulette, poker, Sic Bo and baccarat, but also options for lottery fans like Lucky 5 and Lucky 6.
For those who wish to step on a virtual stage and be entertained by an enthusiastic host, game shows like Mega Wheel and Sweet Bonanza Candyland are a no-brainer. The betting range is fairly flexible, ranging from A$0,2 to A$20,000 on average. High rollers also have dedicated tables on display.
Casino Providers
Live Casino Providers
Casino Features
Finding the right bonus at Powbet for your needs will be a breeze, considering there are numerous quality deals for sports, casino and live dealer games alike. Once you create an account and make a minimum deposit of A$30, you can unlock the welcome casino bonus of 100% up to A$750 + 200 free spins.
After the deposit is credited to your balance, you must activate the bonus and free spins manually from your profile. Skrill and NETELLER deposits won’t qualify for the promotion.
To grab the offer, you don’t need to use a Powbet promo code, only make a qualifying deposit, wait for the bonus to appear, then activate it.
There’s a 35x wagering requirement in store that applies to the deposit and the extra funds received from the casino.
Free spins winnings are subjected to a different rollover stipulation of 40x.
After the bonus is unlocked, you’ll have 10 days to fulfil the wagering, or it’ll be annulled, alongside any generated winnings.
The free spins are released in sets of 20 over 10 consecutive days, and must be claimed within 24 hours. Once the bonus is pending, the maximum bet allowed is A$7,5. Existing players also have plenty of reasons to celebrate, as Powbet offers various reload bonuses on a seasonal basis for sports and casino enthusiasts.
If you never miss out on a great match, there’s a 50% up to A$750 sports reload bonus available weekly to take advantage of. Conversely, gambling fans get 50 free spins weekly, and a weekend reload bonus of A$1,050 + 50 free spins.
Regular activity is rewarded with VIP privileges and the ability to exchange coins for other rewards in the Powbet bonus shop.
The brand boasts a tiered VIP club with 5 levels ranging from Rookie to Champion. All tiers benefit from increasing monthly withdrawal limits from A$10,500 to A$35,000. The last three further get cashback bonuses of 5% to 15%, whilst the top two status holders also receive a personal account manager.
To encourage interaction, sports & casino tournaments with real money prizes of up to €160,000 are frequently hosted. Unfortunately, if you want to test out the site for free, we couldn’t find a Powbet no deposit bonus at this time.
Punters will feel right at home with a massive selection of 50+ Powbet sports, from conventional choices for locals like Aussie rules to weightlifting competitions and specials. There are around 30,000 events organized monthly and 10,000 in-play ones you can wager on from back home, but also from other regions like Europe or Argentina.
The Powbet odds are overall quite competitive. Payouts for pre-match games are close to 94%, whilst for live events they’re about 93%. Basketball, soccer and tennis in particular offer hundreds of markets. Additionally, there’s a ‘popular bets’ category to help you discover the most adequate option for each sport, like winner, 1x2, total or both teams to score.
Finally, you can take advantage of the bet builder feature to combine multiple selections. The sportsbook also offers accumulator boost deals, early payouts, increased odds on certain events and jackpots of up to A$23,000.
New members receive a warm welcome with a first deposit sports bonus of 100% up to A$150.
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Services
Powbet advertises localized payment methods compatible with A$, which is a net positive for residents, because extra fees can be avoided for all financial operations.
For deposits, you may use VISA and Mastercard credit/debit cards, bank transfer, e-vouchers (Neosurf, Paysafecard), digital wallets (Skrill, NETELLER, Mifinity etc.) and 7+ cryptocurrencies (BTC, USDT, XRP etc.). Limits range from A$15 to A$7,800 for crypto and e-wallets, and A$20-A$3,100 for credit cards.
To cash out, you can go for bank transfer, e-wallets and crypto once again, with thresholds generally situated between A$15 and A$7,800.
The Powbet withdrawal time is 1-3 days for all listed methods. It’s also worth mentioning that these limits apply per transaction. The brand also has other withdrawal restrictions depending on tier. Rookie or level 1 VIPs can withdraw A$800 daily/A$10,500 weekly, whilst Champions or level 5 VIPs can cash out A$2,500 daily/A$35,000 monthly.
To become a member of Powbet Casino, you only need a few minutes of your time. This casino implements a simple 4-step registration form that requires basic personal information, without advanced KYC:
With over 4 years of market activity and the backing of a well-known company, Powbet Casino is definitely worth a visit. Aussies can rest assured that it holds all the regulatory approvals from the Philippines authorities, as there’s a PAGCOR seal on the homepage.
This openness and transparency is also evident in the clear terms & conditions associated with any bonus. Overall, Powbet ranks very well when it comes to promotional offers for casino & sports, and it also supports beloved features such as live betting on AU leagues (NRL, AFL etc.).
Because it accepts both credit cards & crypto, it becomes an even more attractive destination for Australians to circumvent local limitations. However, the brand could offer an even better experience by introducing a mobile app for betting and casino.
Yes. Powbet Australia is a trusted hub for locals. It’s licensed by the Philippines regulatory body, and built on the solid iGate software infrastructure.
Unfortunately, no, there isn’t an app available yet for casino or sports betting, nor any public plans to create one. However, Powbet mobile users benefit from the same quality experience, because the site is responsive.
The standard processing time for withdrawals through any method (bank transfer, e-wallets, crypto) is 1-3 working days. Remember that the total Powbet withdrawal time may be longer because KYC verifications are also carried out before approving any cash out request.
No. Powbet is a bookie and casino operator that’s regulated offshore, meaning that Aussies don’t owe taxes for any winnings they earn here.
At the current moment, Powbet doesn’t provide any no deposit rewards for new players, but keep an eye out on our review because we’ll update you if any changes occur.
Yes. There’s a first deposit sports welcome bonus of up to A$150, and other deals for regulars like reload bonuses and cashback.
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