Efbet Sports started as the first Bulgarian-based bookmaker, BalkanBet, and has been in operation since 2006.
The bookmaker was re-branded in 2011 with a licence in Malta.
The change included an all-new, slick website design, available in English as well as the company’s native Bulgarian.
Efbet offers super fast withdrawals, some of which are processed and released within an hour.
Great effort has gone into the website and improving customer service, and it offers a great sign-up bonus.
Efbet offers a 25% first deposit bonus up to an amount of €100.
Deposit and bonus funds must be wagered 3 times over before any bonus cash can be withdrawn.
You would have to place bets equivalent of €1500 at odds of no less than 1.50 before bonus funds are eligible for withdrawal.
Efbet Sports stands out is in the website design. Regular bettors will notice a striking similarity to a very well known betting site; the grey and green colour scheme and the layout are remarkably familiar.
However, it is very easy-to-use the website that most punters will find simple to navigate.
At the top of the home page is a very useful option to change the display to your particular time zone, fixtures and events. There’s also the option to switch between English, Bulgarian, Albanian and Turkish languages.
The site provides odds on a good range of different sports and a wide selection of events.
Football betting is extensively covered, with markets for most leagues around the world, including amateur and non-league games. All of the ‘big’ sports like American Football, Tennis and Motor Sport are covered, as well as plenty of niche sports like Chess, Volleyball, and eSports.
Odds at Efbet generally perform well in comparison to the top bookies. Analysis of recent Champions League games shows that over 150 different betting markets are available, and the odds compare favourably with the best online prices from other bookmakers.
The regular payment methods can all be used for deposits, and bitcoin is also accepted.
No fees are applied when you deposit to your account, but they might be when you try to withdraw.
Minimum deposit via any method is €5, while minimum withdrawal is €15.
Cash outs to credit or debit cards incur no fees but may take up to the usual 2-5 working days.
Withdrawals to e-wallets such as Neteller, are paid out within an hour on average, but are subject to a 3% fee.
Customer support is very responsive and helpful too.