Coolbet

Coolbet is an award-winning international sportsbook and casino known for its extreme transparency. Unlike most bookmakers, Coolbet publicly displays the total volume of bets on each match (turnover) and how the money is distributed (e.g., 80% on Team A). This allows users to see where the public money is going before they bet.

The platform operates its own proprietary software rather than buying a generic white-label solution. Coolbet is licensed in Estonia, Sweden, and Ontario (Canada), among others. It is a legitimate operator praised for its fair odds, user-friendly interface, and commitment to responsible gaming innovation.

Frequently Asked Questions

1. Why do they show bet volumes?

Coolbet believes in transparency and empowering the customer. By showing how much money has been bet on each outcome, they allow you to see market sentiment and make more informed decisions, or even fade the public.

2. Is Coolbet safe?

Yes, Coolbet holds licenses from the Estonian Tax and Customs Board, the Swedish Gambling Authority, and the Alcohol and Gaming Commission of Ontario. They were acquired by GAN Limited, a NASDAQ-listed company, ensuring financial stability.

3. Do they limit winning players?

Coolbet has a reputation for being more tolerant of winning players than many soft bookmakers. While they still manage risk, they are known for fair trading practices and transparency regarding limits.

4. How fast are withdrawals?

Coolbet processes withdrawals very quickly, often within a few hours. Bank transfers in Europe (SEPA) and Canada (Interac) are typically received within 1 business day, making it one of the faster paying books.

5. What is the Coolbet League?

The Coolbet League is a free-to-play prediction contest where users predict match scores to win cash prizes. It is a popular way for users to engage with the platform without risking their own money.