While Vave operates an excellent online casino, this Vave review will focus on the bookmaker vertical which offers fair odds on over 40,000 events each month. We will explore all aspects of Vave Sportsbook including the odds, betting markets, exclusive offers, and its Curacao gambling license. This review will give you more than enough information to decide if this is the bookmaker for you.
The sportsbook is very solid in terms of sports coverage and betting options. The odds aren’t always that great, but they are fair nevertheless.
Pros & Cons of Vave (Our Experience)
The first thing that we should point out is that Vave supports cryptocurrency and fiat currency. This is a huge plus because it means Indian punters have more options for instant deposits and fast withdrawals. Speaking of options, Vave gives Indian bettors thousands of pre-match and live betting opportunities every day. The site covers an extensive variety of sports and competitions ranging from major sports like cricket, football, and basketball to small-market sports like cycling, badminton, and squash.
Vave offers valuable bonuses and promotions to new and existing customers. Punters can take advantage of several features including cash out and live streaming. The great thing about the live streaming feature is that you only have to log in to use it. You do not need to deposit, have a balance, or have an active bet like you would at so many other sports betting sites.
Because we strive to offer full disclosure, we should tell you that Vave comes with a few minor downsides. Our main complaint is that Vave requires customers to wager all deposits three times before they can withdraw those funds. While wagering requirements are standard for non-bonus-related deposits, the most respected sites only make you wager deposits once. Our second complaint pertains to the bonus wagering requirements. While a 5X rollover is certainly fair, players need to achieve the wagering requirement by placing accumulator bets with at least two selections having even odds or greater.
Pros
- Accepts cryptocurrency and fiat currency
- Loads of live and pre-match betting options
- Good selection of bonuses and promotions
- Free live streaming
- Bookmaker and casino under one virtual roof
Cons
- 3X wagering requirement on all deposits
- Unfavorable bonus wagering requirements
Which Markets Does Vave Cover?
When we conducted this review, Vave was offering odds on 39 sports. Seeing how so many Indian sports fans enjoy cricket, they will be happy to know that Vave covers several cricket competitions and leagues including the Indian Premier League. When you check out a cricket betting menu, you will see dozens of interesting wagering options including 1X2, totals, and innings along with fun prop bets like the coin toss.
It gets even better for football bettors who can choose from over 100 leagues and tournaments. A main event like an EPL match will present you with close to 1,000 betting options such as draw no bet, both teams to score, and double chance. The only significant thing that we didn’t see was player props.
If you are a fan of niche sports like handball, table tennis, and darts, then Vave has you covered. We were impressed by having 40 available betting options for a badminton match. Even snooker matches serve up over 2 dozen wagering options. And those are just pre-match. Many more wagers become available when these games commence.
In the spirit of full disclosure, we should warn potential customers that Vave does not offer the best odds. Whereas most leading bookmakers implement odds margins in the 5% range, Vave’s odds margins typically hover around the 6% to 7% range. While this might not seem like a huge deal, it still equates to less profits from your winning bets. Unfortunately, we didn’t come across any enhanced odds, acca insurance, or other sports betting promotions.
It’s worth noting that Vave covers more than just sports. Indian bettors can wager on a vast array of eSports including League of Legends, Dota, and Counter-Strike. You can also check out the “Specials” tab to find other propositions related to entertainment and politics.
Live/ In-Play Betting
Live betting has become wildly popular and Vave offers plenty of it. For those unfamiliar with live betting, Vave accepts bets after a given match has started. So, it’s never too late to get in on the betting action. Even though live betting menus tend to have fewer available betting options than their respective pre-match menus, live bettors still have more than enough bets to choose from. Some of the most popular live bets include:
- Will the game go to overtime?
- Next team to score?
- 1X2
- Spreads/Alternative Spreads
- Totals/Alternative Totals
- Correct Score
If you plan on placing live bets, it’s a good idea to move quickly once you find an attractive betting opportunity. This is because the odds constantly change as the game progresses. Hesitating for even a split second can cause the odds to shift out of your favor.
- Accepts cryptocurrency and fiat currency
- Loads of live and pre-match betting options
- Good selection of bonuses and promotions
Bonuses and Promotions
Even though Vave has a few sports betting offers, we would have liked to have seen more of them like odds boosts, free bets, and acca insurance. Let’s take a look at what Indian sports bettors can claim if they sign up today.
Sports Welcome Cashback Offer
Indian punters can claim their welcome cashback sports bonus when they open a new account and make their first deposit of 20 USDT or more. The way it works is that on the first Sunday after making your deposit, Vave will 100% refund any net losses you incur up to 1 BTC. Those who qualify for the refund must wager the refunded amount 5 times on accumulators with at least selections having odds of 2.00 or greater. You must satisfy the wagering requirements within 7 days.
Bettor’s Tournament
Interested in making your sports betting more competitive? If so, then you should consider participating in Vave’s Bettor’s Tournament. This is a leaderboard tournament in which contestants earn points based on the amount they wager and the amount they win. Each tournament features over 2,250 USDT in prize money that is divided among the top point earners. Only wagers with odds of 1.20 and greater qualify for leaderboard points.
Odds at Vave
To be honest, the odds at Vave are not the best around. In fact, they will almost certainly scare away experienced bettors who understand the importance of always getting the best odds. You see, bookmakers make their profits by charging a commission on every bet they accept. The most competitive bookies have odds margins hovering between 4% and 5%. Vave, on the other hand, builds a 6% to 7% profit margin into their odds.
To illustrate, we checked the odds for a draw no bet wager on an EPL match between Man City and Liverpool. The odds margin was a staggering 7.20% which is very high compared to what other top-tier bookies charge. We then checked the odds for a World Cup cricket match between India and Australia. The odds margin for the moneyline was 6.22%. However, we found that the margins for NBA games often rang in at a little under 5% which is quite fair.
To sum it up, the odds at Vave are a mixed bag. Even though the average margin is high, you can still find some gems if you look hard enough. Again, it would be nice to have access to betting offers like odds boosts to offset the higher-than-average commissions.