Coolbet Sportsbook Review

Coolbet is operated by StayCool OÜ, a licensed Estonian company. With multiple licences issued by the Estonian Tax and Customs Board, the sportsbook operates within a strictly regulated environment. All financial transactions are secured with modern encryption, and player accounts are protected through strong authentication measures.

Coolbet is also praised for its responsible gaming features. Players can set deposit limits, session time reminders, or even use self-exclusion if needed. This dedication to safe play has contributed to the platform's reputation as one of the most reliable sportsbooks in the region.

• Operator: StayCool OÜ

• Registration Code: 12814989

• Registered Address: Kai 4, 10111 Tallinn, Estonia

• Licences (Estonian Tax and Customs Board):

  • HKL000206 – gambling permit

  • HKL000349 – gambling permit

  • HKT000028 – sports betting licence

  • HKT000027 – sports betting licence

These licences confirm that Coolbet operates legally in Estonia and follows the strict standards of local regulation.

Coolbet's Terms and Conditions are written with transparency and player protection in mind.

• Minimum age to participate is 18 years.

• Full KYC verification is required before any withdrawals.

• Rules clearly define bet acceptance, settlement for postponed or cancelled events, and payout limits.

• Bonus conditions include wagering requirements, minimum odds, and restrictions on bet types.

• Fraud, multiple accounts, or abuse of promotions are strictly forbidden.

Such clarity helps build trust and ensures fairness.

Coolbet has earned a positive reputation for handling disputes fairly and quickly. While occasional complaints are related to bonus terms or the time required for account verification, these are usually resolved without significant issues. As a licensed Estonian operator, any unresolved disputes can be escalated to the regulator, which adds another layer of security for players.

Players often highlight Coolbet's transparency, modern interface, and competitive odds. The platform is especially popular for its coverage of local leagues, which many global sportsbooks tend to overlook. Live betting is smooth and supported by accurate data and statistics.

Some users note that the number of promotions is lower compared to large international brands. Others mention that while the design is simple and easy to navigate, it may lack some advanced features of bigger platforms. Still, overall ratings are very positive, with Coolbet widely regarded as a reliable and player-friendly sportsbook.

Coolbet supports a variety of secure and convenient payment methods.

Available options include:

• Bank transfers via Swedbank, SEB, LHV, and other Estonian banks

• Trustly for fast deposits and withdrawals

• Visa and Mastercard

• E-wallets such as Skrill and Neteller

Withdrawals are generally processed within 24 hours after account verification, with bank transfers taking 1–3 business days depending on the bank. The minimum withdrawal amount is typically €10. Large winnings may require additional documents in compliance with AML regulations.

Coolbet is well-regarded for timely payouts and has a solid reputation for handling withdrawals without unnecessary delays.

Coolbet offers a range of promotions, though the sportsbook section tends to be more limited than the casino. Common offers include welcome bonuses in the form of free bets, enhanced odds on selected events, and seasonal promotions tied to major tournaments like the World Cup or NHL playoffs.

Although the number of promotions is not as high as international competitors, Coolbet's transparent terms and fair structure make its offers attractive to serious bettors.