Expekt is a Scandinavian bookmaker and one of the first to open shop nearly 2 decades ago. The company was founded back in 1999 and at the time it was one of the top players. It is still a force to be reckoned with and it is licensed by the authorities of Malta. The group is a part of the European Betting Association and has more than a million clients scattered all over the world. They don’t allow players from the US, but those who qualify for opening an account enjoy the full spectrum of bonuses.
Key facts about Expekt
- Expekt offers some of the best odds on American sports and decent ones all around.
- The bookmaker offers superscore or supertoto, which is a lottery for sports betting fans.
- Expekt is a great place for those who fancy accumulator bets, allowing up to 20 selections.
- They offer 10 free SMS to new customers and a dozen reliable payment methods.
- Expekt charges no commissions for withdrawals, but has a fee for deposits via credit cards.
Expekt Sports and Odds
Expekt has had plenty of time to expand the collection of sports offered. At the time of writing, all American sports are available, both professional and college divisions. Athletics, bandy, baseball, basketball, boxing, cricket, floorball, handball, ice hockey, golf, motor racing, rugby, soccer, snooker, swimming, tennis, trotting, volleyball, water polo, winter sports and curling are also on the list.
The average odds for coin flip events revolve around 1.90, which is nothing to shout for. In fact, it is slightly less than what William Hill, Paddy Power, Pinnacle Sports or Unibet offer. Having said this, if you bet on some US sports in three-way format, you are very likely to lock in on top value. They also offer the latest entertainment and politics bets, with the odds being published early on.
The problem with settling bets is still plaguing Expekt sports and players need to be patient. Sometimes, the bets are not settled for a while despite the fact that the match has ended. This can be a bit annoying, especially for those who take advantage of their otherwise impressive accumulator bets. The website is fully customizable and clients can arrange the sports as they see fit. The available tools allow them to set favorites or have the events displayed in the order they start.
Live Betting and Streaming at Expekt
Expekt has always offered live betting and they were among the first to include live streaming. Today, these go hand-in-hand and make online gambling far more exciting. Football and tennis remain the sports that benefit from most exposure when it comes to in play wagering. There are more markets available on these sports than others and significantly more events broadcasted in real-time.
Compared to other bookmakers, Expekt odds move quickly and are refreshed promptly. This is in stark contrast with their obvious delay in setting bets after the match has ended. Overall, the live betting experience is amazing, even when the games are not available for streaming. The bookie compensates this by throwing a lot of information at those interested in such facts. It is also possible to combine matches that have started with those that are yet to begin on the same betting slip.
Expekt promotions and bonuses
Expekt promotions were never the best out there and this hasn’t changed in nearly 2 decades. The introductory offer is underwhelming as it always was, but the bookie compensates this in the long run. Colossus Bets are their trademark and promise to offer punters the possibility of huge winnings. They revolve around accumulator bets and offer bonuses to those who add multiple events on the same betting slip. The limit is set to 20 matches, regardless of sports and type of markets.
The maximum amount that players can receive when placing accumulators is 100%. Weekly Expekt bonuses are offered to those who make the transition to casino games. The ease of using the unified account for all gambling purposes acts as a springboard to new gambling genres. Weekly promotions consist of small bonuses ranging from €10-€50 and free spins on selected games. Most reload bonuses are available for both those who bet on sports and play casino games.
How do you register at Expekt?
Since 1999, the registration process has remained virtually unchanged. The Scandinavian bookmaker is still very strict when it comes to accepting new members and will require more information than expected. The phone number is needed for them to be able to provide the free SMS. However, it is not possible to skip this step, so it’s better to do everything by the book. It is only a matter of time until these details will need to be backed up by documents.
Is Expekt safe and reliable?
Expekt used to be an island of trustworthiness back in the day when bookmakers were hardly reliable. They were among the first to ask and accept an ID scan of several documents, ranging from utility bills to IDs. They are just as serious when it comes to their internal protocols and have all the games audited for fairness. In the sports betting section, they pay bonuses on time and those who abide by the terms and conditions have nothing to worry about.
The conclusions of the auditors are published on the website, so players can learn about them by clicking on the seal of approval. Responsible gambling has been a top priority and the bookmaker goes to great lengths to prevent underage betting. It is particularly relevant that despite being around for such a long time there are no unsolved complaints against them.
Payment options and cash out times at Expekt
The number of Expekt payment methods grew steadily from a handful of credit and debit cards. Neteller, Moneybookers, Ukash, Bank Transfer and prepaid cards were always available. The minimum deposit is of only €5, which is significantly less than the corresponding amount at other bookmakers. The problem is that deposits are charged by 2.5% when using credit cards and 3.9% on electronic wallets. This is not a huge problem, but can eat into the profit margins of those who make frequent deposits.
The waiting time on all these financial instruments has decreased gradually and cash outs are quite fast today. In less than 48 hours you will have the money in your bank account if you use electronic wallets. Checks are not offered but both credit and bank transfers work smoothly, if you allow up to five days. There is of course the pending time of up to 48 hours, but no withdrawal limit to worry about.
Expekt service and support
Expekt customer support is one of its best selling points. In addition to English, their specialists are also fluent in all Scandinavian languages. Assistance is offered 24/7 via email and telephone, but live chat is used more often. There is also an online contact form that players can use to ask questions. It’s definitely worth going over the FAQ section if you’re the kind of do-it-yourself person.
What are others saying about Expekt?
There are very few critical Expekt reviews out there, despite their long track record. Everyone likes the low deposit limits and limitless cash outs. There is no such enthusiasm regarding the commission charged for deposits and withdrawals. This is in fact one of the few bad things that can be said about this bookie and the business it runs. They also seem to be a bit cheap when it comes to bonuses and their promotions are trailing other bookmakers.
Punters are thrilled at the perspective of having their profits doubled if they at many events on acca betting slips. They also like the fact that newcomers are provided with 10 free SMS to notify them about settle bets. At the same time, everyone is wishing for settled back to be validated faster, so they can use the money to place new bets. You’d have to dig deep to find customers complaining about Expekt not paying bonuses. Given the low number of such claims, it is only safe to assume that these were people who failed to play by the rules.
My experience and rating of Expekt
Expekt was in fact the second bookmaker I opened an account with in 1999. Back then there were so few alternatives that I felt utterly overwhelmed by the quality of their service. They kept the bar at the same level, but meanwhile competitors got even better. The bookmaker no longer sits at the top of the food chain, but it is definitely within striking distance. If they find a way to waive all those commissions charged on deposits and withdrawals they make a step forward.
I’d also like them to offer bigger bonuses and more promotions to savvy punters. Bonuses on accumulator bets are good enough for amateurs, but they are not floating my boat. In conclusion, I’m happy to rate this gambling operator 8.5 out of 10 for what they’ve accomplished. Had I write this review 17 years ago, Expekt would’ve gotten a perfect 10.