12Bet Bookmaker Review
Update – 12Bet is now closed. Have a look at our best betting sites instead.
12Bet offers sports betting markets to select countries in Europe and Asia. They are licensed to do so in Europe by way of their Isle of Man licence and their corporate offices for their European operations are situated in the Isle of Man. The Asian division is housed in the Philippines and their Asian operations are licensed and regulated through the First Cagayan Leisure and Resort Corporation.
12Bet offer an extensive portfolio of highly competitive sports markets and casino games. It is also the official shirt sponsors of Wigan Athletic Football Club. In addition to sponsoring Wigan’s kits, they also serve as the official gambling partner for both Newcastle and Wigan.
- US Players: No
- Site founded: 2007
- License: Isle of Man
- Bonus: 20% up to £190
- Bonus Rollover: 10x
- Last Updated: 24/09/2015
- Mobile Compatible: No
- Payment Methods: Mastercard, VISA, Neteller, Skrill, Chinese debit cards, POLi Pay,giropay, Nordea, Sofort, Bank Wire, Bank Transfer, Cheque, Envoy, 1-pay, Local Bank-In, Przelewy24, Postepay, CartaSi
- Dedicated to UK and Asian countries
- Offers superior odds to most bookies
- Licenced and regulated in Europe and Asia
- Popular among players from Europe and Asia
- Offers competitive odds on most markets
- Good customer service and supports Asian deposits
- Unattractive website design
- No mobile app
An Introduction to 12Bet
12Bet are known for having great prices in their lines and they offer a wide spectrum of sports on which to wager. Very few sports books can compete with their competitively priced odds.
Punters wishing to sign up will appreciate their welcome offer of 20% in bonuses on deposits up to £190. This initial deposit bonus is designed to give you an instant boost to your bankroll, but the conditions of the free money bonus require that you wager the whole of the deposit at least once before requesting a withdrawal.
In addition there are weekly top-up bonuses and various betting specials. They keep their customers abreast of such specials via their email newsletter and their tips & specials blog.
How to Make Deposits and Withdrawals at 12Bet.com
12Bet.com provides a variety of options for deposit and withdrawal, which makes it convenient for customers to move money into and out of their account. There are no fees for making a deposit and they accept numerous different currencies. The methods and parameters that are accepted by 12Bet for deposits are as follows:
In order to deposit via wire transfer, you must sign into your account and/or register an account with 12Bet. Go to the banking and deposits queue and select “wire transfer”. British Pounds Sterling and Euros are the only currencies accepted. When making the actual transfer, use the following parameters:
- Account name: Pacific Sea Invests SA
- Account Number: 8-001-07244-8 (GBP), 8-001-07210-3 (EUR)
- SWIFT Code: RCBC PH MM
- Bank Name: Rizal Commercial Banking Corporation
- Bank Branch: RCBC Plaza Business Center
- Bank Address: RCBC Plaza Business Center, 8819Ayala Avenue, Makati City, Philippines
Upon executing your wire transfer, send the details, along with your 12Bet account user name to support@12CSD.com. Under normal circumstances, you can expect the funds to hit your betting wallet within one to five business days.
When cashing out, wire transfer withdrawals also take 1-5 business days. You can cash out by wire transfer in US Dollar (minimum $50, maximum $10K). You can also withdraw in Euros or GBP, where the minimum is 50 and the maximum you may cash out is 5K of the chosen currency.
Punters can also deposit funds using a bank transfer. In order to deposit by bank, you must purchase a bank draft. When buying a draft from your bank, make it payable to Pacific Sea Invests SA. The draft should be denominated in the same currency as your betting account.
Once you have obtained your draft, flip the draft over so you can write your 12Bet username on the back of the bank draft. Be certain to make a photocopy of your draft for your records. You must also email a draft copy to bank@12BET.com. You must also log into your account, go into the deposit menu, and fill in the bank draft’s details.
Send the bank draft to the following address:
Customer Service Post
PO Box 1530
Makati Central Post Office
1254, Makati City
Your bank draft deposit should arrive and be available to your 12Bet.com account within three to six business days from the date of mailing via post.
You may also request a bank draft when you make a withdrawal. A bank draft will normally arrive within three to six days of your request. You can request between $50 – $10,000 USD and from 50 to €5000 Euros at a time.
Instant Deposit Options
Whilst wire transfers and bank drafts take a few days to land in your account, you can instantly fund your 12Bet account through several different, more common sources. Skrill is accepted for instant deposits in USD, EUR, GBP, AUD, CHF, and SGD currencies. They also accept NETeller in US Dollars, Euros, and British Pounds Sterling. Other instant deposit methods include: 1 pay, china debit card, online banking, envoy, and credit card. When you have made a deposit using one of the accepted instant deposit options, the balance is immediately available to use for wagering.
When requesting a withdrawal from 12Bet, you must provide them with identification. A valid passport, government ID, and/or valid driver’s licence are all acceptable forms of identification so that your identity can be verified. Be certain that you have satisfied any bonus requirements before requesting cash out so you do not incur a 20% bonus penalty for not clearing your bonus.
You can request a withdrawal by Skrill in USD, EUR, GBP, AUD, or CHF, by NETeller (USD, GBP, or EUR). Skrill and NETeller allow for 50 to 5k per cash out request in the desired currency. Skrill and NETeller withdrawals from your account are normally processed and received within 24 hours of request.
You can also request a withdrawal via credit card in USD, GBP, AUD, and CHF. You may only request a withdrawal by credit card to a card that was used for depositing to your account. Withdrawal amounts between 50 and 1,000 in the desired currency are permitted by 12Bet, and the cash out is normally received within three to five business days from the date the request was made.
In addition to the above withdrawal methods, you can cash out via NETeller 1 pay (50-50K RMB limits) and Envoy (20 to 1K USD, EUR, GBP). You may also make a withdrawal using your China Debit Card, via online banking, and local bank-in.
12Bet provides some of the best odds online and can give any European or Asian bookie a run for their money. They are fully licensed and regulated in both European and Asian markets and offer attractive lines, bonuses, and frequent promotions. New customers can choose from a variety of deposit methods and currencies, and they will receive a 20% welcome bonus up to £190.
Recreational bettors and professional punters alike will appreciate the value of holding an account with 12Bet.