Get Up To $100 in Free Bets

CobraBet Sports Bonus

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Reviewed By James Molloy

Sports Betting. Football. Online UX.
Published: Oct 10th · 10 min read
Updated: November 15th, 2022

Despite being better known as an online casino, CobraBet Sports is not to be overlooked as a betting destination. This is one of the more recently launched sports betting sites and is packed with great odds, sports betting promos and site features which make it an exciting addition to the ever-growing list of online sports betting sites. 

📅 Online Since:2020
🎁 Welcome Bonus Bet $15 Get Up To $100
⚖️ Gambling AuthorityCuracao
⚽ Sports AvailableRugby, Cricket, Soccer, Basketball, Tennis, Ice Hockey, Boxing

CobraBet has built a reputation for being a safe, reliable place for New Zealanders to gamble with their best online casino. Now they have expanded and added a sportsbook to their offering, making them the complete package. With a host of great, modern features like accepting cryptocurrency and a slick user interface, this is a sports betting site you won’t want to miss. 

CobraBet Sports Pros and Cons

Advantages
Selection of cryptocurrencies accepted, including Dogecoin
All popular NZ sports covered, with a huge amount of events and betting markets
Great ongoing sports promotions
Disadvantages
Some responsible gaming tools available, but not a huge range
No horse racing available

Cobra Sports Welcome Bonus

Get Up To $100 in Free Bets

New signups will be able to get up to $100 worth of free bets through the CobraBetBet Sports offering. These are the terms that you need to know before claiming this welcome offer:

  • Available to all New Zealand-based players, 18+
  • Requires a minimum deposit of $15 and to make a qualifying bet on a selection with odds of at least 1.3
  • You will receive a:
    • FreeBet OnlyWin after 4, 7, 10, 15, 20, 25, 30, and 35 bets
    • FreeBet NoRisk after 45 bets
    • FreeBet AllWin after 50 bets
  • Max free bet attainable will be $100
  • Must be used within 7 days
  • Bettors can keep the winnings from the free bet
  • General terms and conditions apply
  • Please gamble responsibly

More CobraBet Sports Offers

CobraBet Sports is known for its Comboboost offers. This gives bettors increased odds for their accumulator bets, depending on the number of selections in their bet. These are usually based on specific sports and are a great bonus if you enjoy placing multiples on the same sports. 

An example of a CobraBet Sports Comboboost is the ComboTennis offer, making this one of our favourite tennis betting sites in NZ.

3-5 selections, 5% bonus

5-8 selections, 10% bonus

8-11 selections, 15% bonus

Over 11 selections – 25% bonus

 

For tennis bettors, this is an easy way to boost your winnings, and it provides some great extra value. The same kind of offers is available on things like US Sports, soccer, basketball and more.  

CobraBet Sports Betting Markets 

CobraBet Sports has everything a sports bettor might want. The most popular sports in New Zealand take pride of place on-site, with Rugby, Cricket, Soccer, Basketball, Tennis, Ice Hockey and Boxing all right there when you land on the homepage. Other popular sports are there too, with American Football, Aussie Rules, Golf, MMA, Motor Racing and Table Tennis all on offer. The only thing missing is horse racing, so for that, we’d recommend another of our best horse racing betting sites.

A number beside the sport will show the number of events available at the time. Click into any event and you’ll see a huge range of betting markets available, all with fantastic odds on offer. The betting markets available include outright betting, match betting, player prop betting, team prop betting, handicaps, over/under and a whole lot more. 

There is a Specials section on site, but at the time of review, there are none available. This is a reassuring sign though, as it’s a good indicator that CobraBet Sports will offer novelty betting on selected markets from time to time. 

Esports is an area of focus for CobraBet Sports. It’s so big, it has its own section on the site, right beside In Play. All of the most popular esports events can be bet on here. Some of the more popular ones are Counter-Strike, Dota 2, League of Legends, Overwatch and Rainbow Six. The esports offering here is huge, with both pre-event and in-play betting available on the biggest events. 

Betting Odds at CobraBet Sports

CobraBet Sports’ odds are fairly competitive versus what else is available on the market. Taking a couple of random examples from rugby league and snooker, the overround on the markets ranged from 105% to 109%. 100% represents zero edge for the bookmaker and there will always be some factored in. It would be good to see this a little lower, but things like the Comboboost offers give bettors a chance to get extra value in other ways. 

For odds display, the default on-site is decimal, but this can be changed depending on your preference. Other options include American, British, Indonesian and Hong Kong odds.

CobraBet Sports Betting Features

The bet slip is something which CobraBet Sports have done incredibly well. This may seem very obvious, but even the best football betting sites and other sportsbooks don’t always get it right. Adding selections is done the usual way – click on the odds for your selection and it goes to your bet slip. Add more than one selection and the various options will appear – Singles, Combo and System. 

Where CobraBet Sports’ bet slip excels is its usability. There are preset buttons to bet a specific amount. There’s also a quick bet feature, which can be activated to place in-play bets with a single click. These two features hugely reduce the amount of time it takes to place a bet, which is always welcome to avoid a price change or betting suspension. 

The Statistics Center is another great feature at CobraBet Sports. Choose your sport and your league to see the latest stats and trends for all teams. This area shows the latest standings, upcoming schedules and recent results for teams. It can also be used to analyse teams’ head-to-head records, which can be a great resource to use before placing your bets. 

This is a relatively new sportsbook in the grand scheme of things, so we can’t wait to see what exciting new features CobraBet Sports launch in the future. 

In-Play Betting and Live Streaming at CobraBet Sports

At the time of review, CobraBet Sports do not provide live streaming for in-play events. However, they offer an in-play visualiser and live stats. This provides a picture of how an event is unfolding. Live stats on tennis, for example, include break point percentage, aces and double faults. A 2D court shows the points currently in play, with a scoreboard updating in real-time so bettors can track exactly what’s happening. It’s an excellent replacement for live streaming. 

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Get Up To $100 in Free Bets

CobraBet User Experience 

CobraBet Sports haven’t tried to reinvent the wheel with its sportsbook. It is provided by SOFTSWISS, whose product can be found on a number of the best betting sites around the world. 

Pre-event markets are along the left of the homepage, with popular sports listed at the top and all others in alphabetical order. Click on a sport to see the leagues, click the leagues to see the fixtures, click a fixture to see the full range of markets, and click on the odds to add something to your bet slip. It’s a familiar formula – one which is used by most sports betting sites. But CobraBet Sports do it very well and in a way which is very easy to follow and performs very impressively in terms of speed. 

In-play sports have their own section on site. Even with hundreds of events in play at any time, and thousands of markets and prices constantly updating, the site remains a very smooth, reliable betting experience.

Get Up To $100 in Free Bets

Depositing and Withdrawing at CobraBet

The range of deposit and withdrawal options at CobraBet Sports is very solid. They have covered pretty much all of the usual bases by acceptions credit and debit cards, a selection of e-wallets and even Paysafecard. Where they go beyond many other sports betting sites is by accepting selected cryptocurrencies. Bettors can deposit using Bitcoin, Litecoin, Ethereum and Dogecoin.

Deposits can be made for as little as $15, which compares favourably to some other sports betting sites. For security reasons, withdrawals must be made to the same method that was used to deposit, where possible. Withdrawal processing time is perfectly in line with what we expect from a top sports betting site – within five working days for card withdrawals and within 24 hours for e-wallets. 

Here is the full list of payment methods accepted by CobraBet Sports:

  • Visa / Mastercard
  • Skrill
  • Mifinity
  • Paysafecard
  • Cryptocurrency
Payment Method
Name
Deposit Amount
Withdrawal Amount
Withdraw Time
MasterCard
MasterCard
NZ$10 min
-
2-5 days
ecoPayz
ecoPayz
NZ$10 min
-
-
Revolut
Revolut
NZ$10 min
-
-
VISA
VISA
NZ$10 min
-
-
NETELLER
NETELLER
NZ$10 min
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-

CobraBet Mobile Betting

At the time of review, this sportsbook doesn’t have any mobile betting apps, but you can access CobraBet Sports through their device’s browser. Whether you use iOS, Android or Windows, you are guaranteed a fantastic betting experience on this mobile-friendly sports betting site. 

We ran the site through its paces on a range of browsers including Safari and Chrome and found it a seamless experience. The same huge range of betting events, odds and sports promotions are available on mobile. The only real difference is that you can bet on the go. 

In the absence of an app, CobraBet Sports customers can save a shortcut to the site on their device’s home screen. This will put them just one click of an icon away from getting to the site. From there, sign in and place your bets no matter where you are. 

IOS App IOS App
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CobraBet Sign-Up Process

Opening a new account with CobraBet Sports is super quick and easy. It’s one of the quickest registration processes we have encountered at any online sportsbook. To open your account, simply enter your email address, secure password for your account, choose your account currency – NZD is accepted, with is always a plus – and use the two tick boxes to confirm whether or not you are old enough to bet and whether or not you would like to receive promotional emails. 

Just like that, you’ll be sent an email verification link to activate your account, and it’s ready to go. From here, new bettors must provide further information, such as name, address, date of birth and mobile number before making a deposit and placing a bet, but the process takes seconds from start to finish. 

As a licensed sports betting site, CobraBet Sports will be obliged to request verification documents from new customers. This is generally done before, or at the time of, your first withdrawal. This is a regulatory requirement from them, so it’s nothing to be concerned about. If anything, it would raise more red flags if this was something they didn’t do. The documents required will be confirm your date of birth (photo ID), proof of address (utility bill) and possibly proof of payment method ownership (front and back of the card used).

To make the verification process as smooth as possible, the account section at CobraBet Sports has a document uploader. Here, customers can drag and drop documents, rather than emailing them. 

CobraBet VIP Program

CobraBet does have a VIP program, with new customers going in at the Newbie level. Unfortunately, the VIP program is for casino players only. There may be a VIP team who will reach out to VIPs with sports bonuses and free bets, but for now, there is no official CobraBet Sports VIP program.

CobraBet Customer Support 

It’s quite possible bettors at CobraBet Sports won’t get to experience their customer support. This is because the FAQ section on the site has everything you’ll need. Whether it’s bonus, payment, security or betting rules related, the answer should be there on site. 

If you prefer the human touch, click on the speech bubble which is ever-present in the bottom right of the home screen. This will launch a live chat session and it’s available round the clock. Alternatively, the Support button in the site’s footer will bring you to an email form which can be used to send your query. A member of the super helpful, friendly customer support team will reply as soon as possible. 

Available Hours:24/7

CobraBet Responsible Gambling Features

CobraBet Sports is lacking when it comes to responsible gambling tools. The site is built to be safe, fun, reliable and entertaining, and they do commit to responsible gaming. However, the tools for bettors to control this themselves aren’t there. 

Several third-party organisations are listed on the site, which is very helpful to anyone who may require assistance. Cooling-off periods and self-exclusion are available too/ These can be applied by contacting a member of the CobraBet Sports customer support team. 

Unfortunately, there are no additional tools currently available. This may be because CobraBet Sports is a fairly new sports betting site, so it could be something which is on the way. Deposit limits, stake limits, session time limits and a profit/loss calculator would all be great additions.

Deposit Limits Deposit Limits
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Time Out Time Out
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Stake Limits Stake Limits
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Profit/Loss Totaliser Profit/Loss Totaliser
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Self Exclusion Self Exclusion
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Our Verdict

There are plenty of reasons for Kiwis to try out CobraBet Bet. While self-managing responsible gaming tools would move it closer to the “must try” mark, this sports betting site stands up very well to the competition.

Their range of sports betting options is fantastic, with markets ranging from horse racing to alpine skiing to water polo covered in huge detail. They also run plenty of ongoing promotions for new and existing customers. The user experience on all devices is excellent and the bonuses on offer for existing customers are a great perk.   

Visit Cobra Sports

FAQ


CobraBet Sports accept Visa, Mastercard, Skrill, Paysafecard, Mifinity and even a range of cryptocurrencies.

CobraBet Casino has a VIP program, which is very clear and generous. However, there is not one for sports bettors.

Live chat is available at CobraBet Sports 24/7. Alternatively, the ‘Support’ button on-site will bring you to an email form.

The minimum withdrawal amount will vary depending on the method you use. The lowest withdrawal amount possible is $15.

Yes, CobraBet Sports is great on mobile. For now, there’s no app, but you can bet via your mobile browser.

CobraBet Sports is a licensed sports betting site that adheres to data security regulations to keep all customer data secure.

Contributors

Contributors

Hi, I'm James Molloy

"I've worked in the betting industry on product, operations and customer service for several years. A class operator will deliver on many aspects and we cover them all."

Interests
  • Sports Betting
  • Football
  • Online UX

Reviewer since October 2015

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