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Ivibet Malaysia Bookmaker Review

4.8/5
100% first deposit bonus up to 150 USD
License number: 365/JAZ
18
Pluses
  • Wide variety of sports and casino games
  • Competitive odds with low margins on major sports
  • User-friendly design and responsive mobile platform
  • Generous bonuses and promotions for new and existing players
Minuses
  • Limited local payment methods for Malaysian players
  • No dedicated mobile app available yet

ivibet home

Among Malaysian punters, several bookers have become popular lately. One of those; Ivibet started its journey in 2022. Since then, the Curaçao licensed betting site has attracted local bettors with its large range of sports and above-average odds in popular markets.

We will rapidly go over the several characteristics, special offers, and advantages in this review that help to explain why it is among the best betting sites in Malaysia.

 

Credibility and Trustworthiness

As we mentioned in the intro, Ivibet is a fully licensed and secure betting platform for Malaysian bettors. It offers a wide range of betting markets and supports safe payment methods. Before we look at the specifics, here’s a quick overview of this betting site:

🌐 Website ivibet.com
🤝 Welcome Bonus 100% first deposit bonus up to 150 USD
⚽ Sports45+
💳 Payment MethodsBank Transfer, eWallets, Cryptocurrencies
📱 Mobile AppsN/A
💬 Customer Service24/7 live chat, email, phone support
📜 Bookmaker LicenseCuraçao License (365/JAZ)

Is Ivibet Legal?

If you’re concerned about the legality of Ivibet, you’re worried for nothing. As you must’ve seen already, Ivibet is licensed by the government of Curaçao (365/JAZ). TechOption Group B.V. is the company behind Ivibet, which operates out of Timoleontos, 3 Kaimakli 1041 Nicosia, Cyprus. Acting as an offshore bookmaker, it operates in a legal gray area, making it technically legal for Malaysian punters.

 

Is Ivibet Safe?

Since the bookmaker is concerned with the safety of all the players, it uses SSL encryption to ensure all the data is protected from unauthorized access. Besides this, Ivibet also has a mandatory KYC policy which adds to the overall safety of all the players.

Although the site doesn’t have any sponsorship deals with sports organizations, Malaysian bettors still regard it highly. In fact, as of writing this review, Ivibet had an average of more than 200,000 monthly users on its platform.

 

Bonuses and Promotions at Ivibet

ivibet bonus

To ensure bettors have a great experience on the site, Ivibet offers some of Malaysia’s best bonuses and promotional events. While these bonuses are listed in USD, players can make payments in MYR. The conversion can be done at the time of deposit or withdrawal, making it easy to manage funds in the preferred currency.

Before diving into the details, check out the table below for an overview of the different offers available.

Bonus TypeDescription
🎁 First deposit bonus100% first deposit bonus up to 150 USD
💸 ForecastsWin up to 1,000 USD on forecast bets
🏆 Bettors TournamentCompete against other bettors for a prize fund of 6,00 USD
🤑 Weekly ForecastsPredict 15 events correctly to win up to 5,000 USD

Welcome Bonus

Let’s start with the welcome bonus. Just like any other top bookmaker, this is the best offer you can get on the website. Following in the footsteps of the best betting sites, the welcome offer is a 100% first deposit bonus of up to 150 USD. If you make a minimum deposit of 10 USD, you can enjoy the rewards.

As for the turnover requirements, you need to wager the total amount 5x on accumulator bets with at least three selections and total odds of 2 or higher.

Other Existing User Offers & Promotions

Besides the welcome bonus, there are a couple of other bonuses that you can enjoy as a regular player. These offers return every week, so you can keep enjoying them until the bookmaker decides otherwise. Here are all the regular promotions we found at the time of writing:

  • Forecasts: Win up to 1,000 USD by placing successful forecast bets.
  • Bettors Tournament: Compete against other bettors for a prize pool of 6,00 USD.
  • Weekly Forecasts: Predict 15 events correctly to win up to 5,000 USD.

VIP Program

Ivibet also has VIP programs for casino and sportsbook players. There are six levels, and you can progress by earning Comp Points (CP). You earn 1 CP when you wager 5 USD or more on odds of 1.3 or higher. The higher up you go, the better the rewards.

Here’s how the level progression works for the VIP program:

  1. Level 1: 0–150 CP
  2. Level 2: 150 CP (+200 CP reward)
  3. Level 3: 1,500 CP (+2,000 CP reward)
  4. Level 4: 7,500 CP (+10,000 CP reward)
  5. Level 5: 50,000 CP (+40,000 CP reward)
  6. Level 6: 200,000 CP (+250,000 CP reward)

Registration Process at Ivibet

So far, we’ve covered a fair bit about the betting site. If you’re interested in signing up and taking a look around the platform yourself, you might want to consider signing up. If so, simply follow the steps listed here, and you’ll be registered as a user in no time:

  • 1

    Visit the official Ivibet website and click on Sign Up on the top right.

    ivibet home
  • 2

    Enter your email and set a strong password as your login credentials.

    ivibet registration step 1
  • 3

    Once you’ve set up the login info, go ahead and start filling out the personal details.

    ivibet registration step 2
  • 4

    Next you have to enter your address. Make sure it’s the same as the one on your proof of identity documents.

    ivibet registration step 3
  • 5

    If you’re done filling out all the details, click on Submit to complete the registration process.

    ivibet registration step submit

You can choose a welcome bonus as you create your new account. However, it’s also possible to claim the sign-up rewards at a later time as well.

Deposit and Withdrawal Options on Ivibet

ivibet payments

At Ivibet, Malaysian punters can enjoy many payment options for deposits and withdrawals. While methods like bank transfers and Help2Pay are easy to use, they can take a long time to withdraw. That said, no matter which option you choose, there are no hidden fees, so you can rest easy.

You can find the list of all the payment methods in the table below:

Payment MethodMin-Max DepositTransaction TimeFeesMin-Max WithdrawalTransaction TimeFees
Bank Transfer10 MYR – 50,000 MYRInstantNone50 MYR – 20,000 MYR1–3 daysNone
Credit card5 MYR – 7,000 MYRInstantNone50 MYR – 20,000 MYR1–3 daysNone
Help2Pay30 MYR – 50,000 MYRInstantNone50 MYR – 20,000 MYR1–3 daysNone
Neteller25 MYR – 500,000 MYRInstantNone50 MYR – 20,000 MYRInstantNone
Skrill25 MYR – 500,000 MYRInstantNone50 MYR – 20,000 MYRInstantNone
Astropay5 MYR – 500,000 MYRInstantNone50 MYR – 20,000 MYRInstantNone
USDT (TRC20)25 MYR – 90,000 MYRInstantNone50 MYR – 20,000 MYRInstantNone
Bitcoin530 MYR – 90,000 MYRInstantNone50 MYR – 20,000 MYRInstantNone

Transaction Limits

Ivibet ensures fair betting limits to accommodate both casual and high-stakes players in Malaysia. The platform sets different thresholds for deposits, withdrawals, and bets. Speaking of bets, we found that you can place as low as 0.10 USD on a single selection. Unfortunately, there was no info about the maximum betting limit.

Below are the key limits for transactions:

  • Minimum Deposit: 5 MYR
  • Maximum Deposit: 500,000 MYR (varies by payment method)
  • Minimum Withdrawal: 50 MYR
  • Maximum Withdrawal: 20,000 MYR per transaction (higher for VIP players)

While VIP players enjoy personalized limits based on their account status in most cases, we couldn’t verify this information on Ivibet. For more info, you should contact customer support to learn more about the perks of being a VIP member.

Sports Betting at Ivibet

If you remember correctly, we mentioned in the intro that Ivibet caters to the betting tastes of all Malaysian bettors. There are over 45 sports for betting, with great coverage of local and international events. And yes, you get great odds of getting the best value from your bets.

Football
Tennis
Basketball
Table Tennis
Ice Hockey
Volleyball
Baseball
Cricket
American Football
Rugby
Handball
Aussie Rules
Biathlon
Boxing
Cycling
Darts
Futsal
MMA (Mixed Martial Arts)
Motorcycling
Snooker
Alpine Skiing
Water Polo
Dota 2
League of Legends
Counter-Strike (CS:GO)
FIFA Esports
NBA 2K Esports
Valorant

Live Betting at Ivibet

Live betting is the way to go for those interested in a more immersive sports wagering experience. On the live betting page, you can see these odds shifting in real time, allowing you to make predictions when the odds are at their peak.

Some of the live events even come with HD live streaming. This allows punters to enjoy the matches as they wager on the different outcomes. Popular sports for live betting include football, tennis, basketball, table tennis, hockey, volleyball, and cricket.

You can find live betting options for all kinds of tournaments, whether big or small. Ivibet further enhances this experience with the cashout option that lets bettors withdraw their wagers before settling the market. It’s a handy feature to minimize your losses from live events.

Ivibet Casino Games

Although it’s mostly a sportsbook, Ivibet also doubles as a solid online casino option. It has everything you could ever want, from slots and table games to a fully furbished live dealer section. You can also find uncommon games like crash games and fishing games. There’s even a dedicated page for jackpot slots.

Our experts have listed all the casino games you can enjoy on the site. If you’ve ever wanted to try out casino games, consider checking them out:

  • Slots: Thousands of options, including classic, video, and progressive jackpot slots.
  • Table Games: Includes blackjack, roulette, baccarat, and poker with multiple exciting variants.
  • Live Dealer Games: Real-time gaming with professional dealers and interactive game shows.
  • Fast Games: Quick options like crash games, keno, and scratch cards for instant results.
  • Fishing and Hunting Games: Arcade-style games where players catch fish or hunt targets for rewards.
  • Jackpots: Over 350 jackpot slots featuring massive prize pools and progressive rewards.

Ivibet Mobile App

 

Home
ivibet home
Casino
ivibet casino
Sport
ivibet sports
Responsible Gaming
ivibet responsible

While Ivibet excels in different areas, mobile gaming still has room for improvement. The bookmaker does not offer a dedicated mobile app for either Android or iOS users.

However, Ivibet compensates for this with a well-designed mobile site that mirrors the desktop experience. Navigation is smooth, and all features are easily accessible, allowing you to track odds and place bets on the go as long as you have your phone.

Ivibet Odds & Margins

Unless a bookmaker offers good odds and margins, you can’t get the maximum value from your wagers. Luckily, that’s not something you need to worry about on Ivibet, as the overall betting margin is around 6.4%, which is not bad if you compare it with other bookmakers.

To help you get a better idea about this, we asked our experts to list the betting margins for the most popular sports. As you’ll soon see, these margins are an indication that Ivibet is an excellent choice for both novice and expert bettors:

SportMargin
⚾ Baseball4.53%
🏀 Basketball6.22%
🎾 Tennis6.23%
🏏 Cricket6.95%
🎮 eSports7.97%
⚽ Football5.43%
🏐 Handball6.99%

Customer Support Experience

Ivibet understands that good customer support is vital to the player experience, which is why it has one of the best support teams in Malaysia. For new players especially, having a good customer service experience is vital to the overall experience.

The main highlighting feature of Ivibet’s customer support is the multiple contact options and quick response time. We know this because our reviewers made sure to contact customer support to get a good understanding of what players can expect. Unfortunately, Malay is not available as a language option for customer support, which may be a drawback for some users.

In the table below, you can find all the contact details to contact Ivibet.

Contact OptionInfoResponse Time
🔴 Live Chat24/7A few minutes
📧 Emailsupport@ivibet.comUp to 24 hours
📱 Phone SupportNot availableN/A

Awards and Recognitions

Despite rising in popularity since its launch in 2022, Ivibet has yet to receive any awards for recognition of its exceptional services. However, if the bookmaker remains consistent with its service, expecting several awards in the coming years won’t be wrong.

Usability, Design, and User Experience

When designing the site, it seems like Ivibet went for simplicity and functionality without using over-the-top visual elements. We feel like this was a great judgment call because this left Malaysian punters with a modern-looking website that’s not too complicated to get around.

All the key sections of the site are clearly labelled, making it easy to locate them even when you’re new. The site is responsive and loads quickly. We found no technical glitches or major performance issues during our testing on the website.

As we previously mentioned, the site’s mobile version offers all the same features as the desktop version and has a quick loading time. This is incredibly helpful in ensuring Malaysian punters enjoy a seamless experience.

We also have to give props to the registration process. It was straightforward and could be completed in five simple steps. Ivibet’s multilingual support deserves praise as well because it helps appeal to foreign players.

Responsible Gambling

ivibet responsible

Like any other top bookmaker, Ivibet is committed to ensuring Malaysian punters can bet safely and responsibly on the website. There are multiple tools available to help players remain in control with a healthy gambling habit.

Based on our findings, here are all the responsible gaming features you can currently find on Ivibet.

Responsible Gaming FeatureAvailability
😎 Self-exclusion
🚧 Deposit limits
👏 Wager limits
🧐 Gambling session limiter
🏦 Expert organizations

If you ask anyone, they’ll tell you responsible gambling features are vital for any online casino. Without proper restraints, players face financial and emotional issues when betting on sports. Luckily, if you use the measures properly on Ivibet, you can keep betting while staying in control for a safe and enjoyable experience.

FAQ. Frequently Asked Questions
  • Technically, online gambling is illegal in Malaysia. However, since Ivibet is an offshore bookmaker, players can access it since it operates in a legal gray area according to Malaysian laws.

  • While it varies between payment methods, the minimum deposit is set at 5 MYR.

  • Yes, you can withdraw your winnings in MYR if you chose it as your currency during registration

  • If you make a minimum first deposit of at least 10 USD, the welcome bonus will be credited to your account automatically.

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