Virgin Bet is an online betting and casino platform operating under the brand of one of the world’s most famous businessmen, who founded the Virgin Group Corporation, Richard Branson. Virgin Bet is part of the LiveScore Group, along with LiveScore, a famous sports statistics portal, and the LiveScore Bet Company. In 2019, the operator got licence No: 54310 from the UK Gambling Commission. The sportsbook claims a high level of customer service as one of the main advantages. Read more details on this page.
Virgin Bet Pros & Cons
- 1,500+ markets for top football
- Wide range of horse racing betting events
- The selection of tennis betting events, starting from the ATP/WTA and finishing with the UTR Pro Series
- Virgin Bet Fives free game with cash prizes
- Poor number of streams
- Poor number of horse racing bonuses
- No match centre
Virgin Bet: Editorial Rating
Virgin Bet Betting Offers & Promotions
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Virgin Bet Security
Virgin Bet is a legal bookmaker operating under Virgin Group brand. It is a part of LiveScore Group. The sportsbook has been granted the licence number 54310 to accept bets from the UK users by the UK Gambling Commission. This information is provided in the footer of the main page of the Virgin Bet site.
As the betting site claims, one of the main principles that Virgin Bet follows is the fact that their clients trust them. Virgin Bet always takes responsibility for protecting and account management. All funds remaining on the customers’ accounts are kept on a separate bank account which doesn’t depend on corporate and operational accounts of the company. It means that in case the sportsbook will not be able to pay out money to their clients, they will be able to take the funds back from the separate account. This protection meets the standards set by the UK Gambling Commission.
Virgin Bet Sports and Markets
On the Virgin Bet site, the number of sports to bet on is at the level of the UK betting market leaders. In total, customers can bet on over 30 sports:
Football. In the football section, there are about 150 tournaments to bet on: starting from the top level ones (world cups, championships of Europe, America, Africa and Asia, European cups, club tournaments of other continents) and finishing with championships of countries from around the world, including minor leagues and cup tournaments of Columbia, Egypt, Guatemala, Malta and other countries.
On the top match pages, you can choose from hundreds of betting markets, including 1/X/2, O/U, handicap, Asian handicap, interval, HT/FT, first goal, last goal bets etc. On the match page, there are convenient filters by market types, statistics of the last performances of the teams, visualisation of match events and information about the channel that broadcasts the game.
Horse racing & Greyhounds. For horse racing and greyhounds betting fans, Virgin Bet also has a wide range of competitions with tournaments from over 10 countries, in addition to UK and Ireland. On the pages of the selected tournaments, you can find information about upcoming races, bets on ongoing competitions, as well as about specials and virtual racing bets. Existing customers can monitor races via video streams.
Tennis. Tennis betting fans can follow events via live streaming. In the tennis section, the bookmaker provides a variety of major tournaments, starting with the Grand Slam, Davis Cup, Masters, ATP 500 and WTA 500, the ATP 250 and WTA 250, and finishing with the Challenger, ITF Futures, Pro Series.
There are dozens of markets to bet on top tennis matches that range from 2-way, exact score, O/U, set/game handicap, set winner, set finish 6:0 ones etc.
Virgin Bet Payment Methods
Virgin Bet offers its customers to make a deposit using a debit card of the popular systems Visa and Mastercard or the PayPal and Revolut e-wallets. All methods mentioned above are suitable for withdrawal too. You can also withdraw your funds to your bank account.
Minimum and maximum deposit and withdrawal amounts are listed in the table below.
| Payment Method | Withdrawal time | Deposit Amount, £ | Withdrawal Amount, £ |
|---|---|---|---|
| Visa, Mastercard | 1–3 working days | 5–20,000 | 10–20,000 |
| PayPal, Revolut | Almost Instant | 10–20,000 | 10–20,000 |
| Bank transfer | 2–3 working days, with a maximum of 5 working days being required in some cases | — | 10–20,000 |
How to Make a Deposit to Virgin Bet
You need to make just a few simple steps to top up your account:
- Sign in to the Virgin Bet website/mobile app.
- Go to the “More” menu and choose sections “My account” and “Deposit” one by one.
- If you want to register a new payment method or update your data, click on respective buttons, namely “Add method” or “Update method”.
- Choose a payment system you like, enter the deposit amount and confirm the operation.
How to Withdraw from Virgin Bet
Virgin Bet customers can easily withdraw a necessary amount from their account if there’s enough money on it, the withdrawal isn’t blocked by the rules of bonus wagering requirements and there are no unfulfilled queries for signing in. To withdraw your money, you need to do the following:
- Go to your Virgin Bet account.
- Open the ‘More’ menu and choose ‘My account’ and ‘Withdrawal’ sections.
- Choose a payment method to withdraw money from your account.
- Enter the amount that you want to withdraw and confirm the operation.
You can withdraw money from your betting account only using the same payment method as you have used for making a deposit.
Virgin Bet Odds
To determine the odds size at bookmakers, we compare the margin size (the bookmaker’s commission) included in the offered odds. As an example, let’s take the Virgin Bet odds for top football, basketball and tennis matches:
- Football. For the UEFA Champions League Dortmund – Chelsea match, the Virgin Bet sportsbook has set the following odds for 1/X/2 bets (home win – draw – away win): 29/20 – 23/10 – 9/5. The margin is 6.83%.
- Basketball. The odds for 2-way bets on the NBA Indiana Pacers – Los-Angeles Lakers match are as follows: 1/1 – 17/20. The bookmaker’s margin is 4.05%.
- Tennis. The odds for the WTA Lyon Anastasia Potapova – Clara Burel match: 8/15 – 29/20. The Virgin Bet margin is 6.04%.
To calculate the margin, we use a simple formula:
Margin = (1/ home odds + 1/ draw odds + 1/ away odds – 1) x 100.
Let’s calculate the margin size on the example of the match between Borussia Dortmund and Chelsea. For 1/X/2 bets, Virgin Bet has set the following odds: 2.45 (29/20) – 3.30 (23/10) – 2.80 (9/5). The formula will look like this: (1/2.45 + 1/3.30 + 1/2.80 – 1) x 100 = 6.83%.
Virgin Bet has an average margin. On average, top UK bookmakers set margins at up to 5%, while the average bookmaker commission is considered to be between 5% and 8%. The Virgin Bet commission is about 5.55%.
Virgin Bet In Play Betting
Virgin Bet offers a large selection of features for In Play betting. For example, customers can do the following:
- Follow the events watching live streaming. The bookmaker provides broadcasts of horse racing, tennis, basketball, snooker tournaments and other sports.
- Watch infographics. If a broadcast is unavailable for a game, you can follow the events with the help of a quality visualisation.
- Apply for Cash Out. If you doubt that your bet will win, you can apply for Cash Out while the events is ongoing. The amount you will receive depends on what’s happening on the field, your reputation and other parameters.
- Get to know the last games statistics. There’s a diagram icon on a page of an event you select. Here you can see the results of the last games of the opponents (head-to-head and last games of the tournament), approximate line-ups for an upcoming game, standings, and other information.
Virgin Bet Streaming
Virgin Bet provides live streams for the selected matches. Unlike many other bookmakers, Virgin Bet provides you a possibility to find out which games in particular will be available on the website and in the app. All you need to do is go to the page of a particular sport and click on “Streaming” (a “Play” icon). After the filter is activated, you will see the games with live streaming available with time of kick-off. Only registered customers can watch live streaming.
Virgin Bet App
All features of Virgin Bet are available in the official iOS and Android mobile apps, besides the betting site. Let’s take a look at the main parameters of the apps:
| Developer | Virgin Bet |
| Software | iOS, Android |
| Age Limit | 17+ |
| Language | English |
| Currencies | GBP |
| Depositing methods | Visa, Mastercard, PayPal, Revolut |
| Withdrawal methods | Visa, Mastercard, PayPal, Revolut, bank transfer |
The Virgin Bet app functionality is the same, compared to the desktop site. You can sign up, make a deposit, place a bet, play slots and online casino games, receive bonuses and withdraw your winnings via iOS and Android apps.
Conclusion
Virgin Bet is a strong brand but a relatively young bookmaker, so you should sign up with realistic expectations. The platform offers excellent customer service and a wide range of betting options. Over 30 sports are covered, alongside casino and virtual games. Football fans can explore over 1,500 football outcomes with Cash Out and Bet Builder features. Horse racing enthusiasts benefit from extensive global coverage, including UK and Irish events. There’s also a free-to-play Fives game with cash prizes.
However, the platform’s odds are below average, and navigation can be cumbersome. Virgin Bet is best suited to those who primarily bet on horse racing and take advantage of Best Odds Guaranteed and Extra Places promotions.
Virgin Bet Frequently Asked Questions
Is Virgin Bet Safe and Secure?
Virgin Bet is licenced by the UK Gambling Commission and meets the highest security requirements. In case of controversial situations, a bettor can file a lawsuit to solve an issue in the court.
How Long Does a Virgin Bet Withdrawal Take?
Withdrawal time from your Virgin Bet betting account depends on a chosen payment system. The PayPal and Revolut e-payment systems offer the fastest method to withdraw your funds. As these companies claim, the financial operations are processed within several minutes. Withdrawals to Visa and Mastercard are fast in most cases, however, sometimes this process may take up to three working days. Transfer to a bank account can take up to three working days in some cases, too.
How to Place a Bet at Virgin Bet?
To place a bet on the betting site, you should, sign up, authorise and make your first deposit. Then choose a sport you like, match and market and click on respective odds. You will see the details in the bet slip window. You only need to enter the stake amount and confirm the bet.
Does Virgin Bet Do Cash Out?
Yes, Virgin Bet allows cashing out your bet before an event is over. The amount of the Cash Out you receive depends on many factors, including how much time is left before the end of the game and a situation on the field. To apply for Cash Out, go to your personal account and click the Cash Out button in the My Bets section. The amount you will see there will be instantly transferred to your account.
