Is Skybet registered at Gamstop?
SkyBet is the favourite bookmaker for many punters in the UK and many other countries. This site has many sought after features; It started nearly 2 decades ago. Holds the UKGC and Alderney licenses. Established many successful partnerships with football clubs and athletes. In addition, the site has a great design and user friendly layout that is suitable for smartphones and tablets alike. In addition, SkyBet customer service is easy to contact, and you can reach them via email and phone call. Also, SkyBet is distinguished in marketing and PR; If you live in the UK, you can watch the brand ads everywhere in sports pitches, TV, and online forums.
Although all these features, as you delve deeper into the site offerings, many troubling questions will arise about SkyBet reliability. Firstly, Sky company does not own this bookmaker, which is very odd considering branding.
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Last updated: 16 April 2024
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Furthermore, SkyBet cancelled many deals with its marketing partners. Of course, this is a risky sign for the company’s finances. Despite the heavy publicity surrounding bettors everywhere, being unable to release players’ winnings is, of course, awful!
Although SkyBet holds the licenses of UKGC and AGCC, it is not owned by Sky company as many players might think. The company that sub owns this site is Bonne Terre Limited which has no prior experience, but it is licensed by Sky to use its trademark only.
With all these 32red flags in mind, we have put SkyBet at the highest possible risk rating. So, we have decided not to make further deposits on this site and expect you to do the same. After we did our SkyBet review, we decided to give it one star only!
SkyBet Licensing & Safety
Outwardly, SkyBet ticks a huge amount of protection and safety boxes. It operates under two stringent committees. However, these licenses aren’t granted to the site directly. Instead, they are given to Sky company which isn’t the owner of SkyBet now! During the previous years, SkyBet has been acquisted many times by multiple companies. The current owner of this site is Bonne Terre Limited. Which has zero background and an unknown reputation among UK punters.
Due to the many mergers and acquisitions that take place quickly, Sky Bet had to cancel many partnerships with marketing partners, who claim for their unpaid debts now. In addition, we have noticed a lot of frequent player complaints about withholding their winnings. Freezing bonuses after fulfilling the wagering requirements. Refusing to settle their bets. Of course, this is a massive red flag that kept us from recommending this site. In other words, it is better off sticking to a safer bookmaker like those, which we will mention shortly after.
The stranger owner of SkyBet is Bonne Terre which hold the right to use the Sky trademark. However, this creates a strange and suspicious situation for most players who assume that Sky owns and run this site by association. In addition, Sky hasn’t clarified that it doesn’t run the SkyBet site at any time through their channel.
Considering all these points, we have marked SkyBet as a non safe site, and we didn’t place its link on this page, and we advise all players to choose another bookmaker.
Payment Methods
SkyBet offers different kinds of payment methods that we can categorize into four different types.
The first group is the credit and debit cards which offer instant deposits and little long withdrawals, but overall they are suitable for any customer. The minimum deposit amount is £5, while the least cash out amount is not specified. SkyBet isn’t applying any charges over the banking cards transactions, while some banks require users to pay extra fees over their online transactions. The cards accepted here include Visa, Visa Electron, Mastercard, Maestro, and Solo.
The second group of accepted payments is eWallets, including Neteller, Skrill, PayPal, and Apple Pay. The minimum deposit for these methods is £10 only, while the max is £5,000 for a single transaction.
The fourth group is the bank wire transfer which is done through Bacs payment scheme. Although this method processes all payments in 3 – 10 working days, it offers very high payment limits amounting to £100,000 per transaction—also, the minimum amount for both deposits and withdrawals starts from £1 only.
Although that SkyBet has done a great job integrating payment methods, there are significant issues with withdrawals! When we were reviewing players’ feedback on gambling forums and message boards, we found many common complaints about the long cashouts processing times.
SkyBet Betting Markets
SkyBet is a prominent name in the sports betting industry as it offers a decent range of sports with great depth. The bookmaker has used the parent company’s resources to provide an extensive list of sports with all their leagues, championships, and tournaments. In other terms, all sports events on the Sky channel group are available with many markets on SkyBet bookmaker.
Despite the sports coverage and betting markets depth, there are some serious downsides. The most notable one is the limited range of live streamed matches. In addition, SkyBet odds are near to the industry average, and sometimes they can be lower than other major bookmakers, specially when it comes to football and horse racing.
Does Sky Bet worth your time and money?
Due to so many flaws and failures, we have decided to rate this site with one star only. Although SkyBet owns the UKGC and Alderney non gamstop casinos Island licenses, it does not respond quickly to players’ withdrawal requests. In addition, it is not owned by Sky company itself, but it is operated by another company that is licensed to use the Sky trademark.
More worryingly, he did not pay the marketing partners’ contracts and cancelled his partnerships with them. All these serious issues overshadow the SkyBet site that once had an excellent reputation among the UK punters. In addition, the rewards come in limited amounts. The betting odds are not a million miles away from the other bookmakers. Also, the site does not offer live streaming for most events, such as popular brands such as William Hill or Bet365.
What Are the SkyBet Alternatives?
Our SkyBet review has revealed many seriously troubling questions about the quality of offerings, financial security, and player complaints. So, you may consider registering with another bookmaker free from these defects and safe for your money.
That is why we have decided to recommend the three best bookmakers outside GamStop that you can easily sign up for using your smartphone or tablet. The brands mentioned below offer all digital gambling forms, starting from sports betting to the casino and live casino options to bingo, lotto, and Slingo games.
Casiroom
Although that Casiroom is a brand new casino and sportsbook site; It managed to hold up against the competition by offering the most sought after features and games. As experienced reviewers who spent many years testing online casinos and bookmakers, we can affirm that newly launched online casinos are better, in every respect than time standing brands like SkyBet.
Casiroom stands out by its vibrant look, wide sports coverage, staggering gaming catalog, and diverse ways to set up a new account. In addition, the site is generous to a fault when it comes to bonuses and promos! Casiroom offers all its players friendly support which is active around the clock.
The team behind Casiroom has assured that mobile users will have a chance to access the whole platform games, betting options, and functions through their browser. In addition, Casiroom offers native apps for both IOS and Android users. As soon as you download the app, you will get a non deposit bonus of £5. Do you want to know more about Casiroom offers and features? Find out more info about them here.
Casper Spins
Started in 2021, Casper Spins is a leader of the new generation of bookmakers and online casinos. The casino platform has an enticing look, bright theme, and a very usable layout.
This platform is mobile friendly and features a smart navigation system with many tabs, buttons, and menus.
Within a short time, Casper Spins was able to conclude many partnerships with world renowned game studios to offer a rich game lobby.
If you are a bonus hunter, you will not have to sign up for another casino after joining Casper Spins. It offers a huge range of promos and boosted bonuses. And that always give you chances to win more cash in every playing session. In addition, Casper Spins accepts many payment methods and supports many currencies.
As for the bookmaker section, Casper Spins outperforms SkyBet and many other UK betting brands with its significantly high odds. Inclusive list of sports. Multiple betting markets. Are you a perfectionist? If you are, you should consider Casper Spins, while if you want to know more details, click here to read the full review.
Platinum Club VIP
If you intend to join Platinum Club VIP, you can expect a second to none gambling experience. As soon as you make the first deposit at the casino. You will receive a massive welcome bonus that will match your first deposits with a 500% bonus with an amount upwards of 500 EUR. In case if you prefer sports betting over casino games, you can choose the sports betting welcome offer, which will boost your initial bankroll with a 100% bonus of up to €100. In addition, both sports bettors and casino players will get weekly reload offers. The casino game library is full to bursting with quality games coming from +95 iGaming creators. You can explore all these gaming options on your smartphone, tablet, and PC.
The bookmaker section isn’t limited only to regular sports. It also includes many live races and virtual sports. If you want to know more info about Platinum Club VIP, click here.
Conclusion
SkyBet has been around for 2 decades. Owns a large player base in the UK. Offers both sports betting and casino games. However, it has many serious downsides; It is on GamStop. So, if you have excluded yourself before, you can’t create a new account or log in to your previous account. The most critical thing is that the site suspends player withdrawals, which raises troubling questions about the brand reputation. Not to mention the limited live sports events, lack of cash out feature, and poor game collection. That way, we think SkyBet wouldn’t hold up against the competition of the newer sites free of these hassles.
