Karamba Review October 2020 : Our Opinion on Bonuses, Odds and app
T&Cs apply | Wagering and T&Cs apply | Commercial content | New Customers Only | 18+
This article provides a Karamba review including a rating for the welcome offer and other betting services and features of the operation. Karamba has offered an online casino since 2005 and now added a sportsbook to their core product.
The table below highlights the quality of various aspects of the operation, including the Karamba bonus code welcome offer, markets and odds. There is also an average grade which summarises the quality of the overall Karamba sports betting product.
|Karamba Review||Our rating|
|Welcome offer||Bet £20 get £10|
18+, Welcome Bonus: New Players only. 1st deposit, Min Deposit: 10£ free bet valid for 14 days, bets must be placed at odds of 1/1 or greater and be settled within 14 days of placement. System bets not eligible. Only depositing using specific payment methods.
Welcome Bonus – 3
This Karamba review reveals that new customers can claim £10 in the form of a free bet. The following terms & conditions apply to the Karamba bonus code offer.
- New customers only. Existing customers are not eligible.
- An initial deposit of £10 or more
- Qualifying bet for £20.
- Minimum odds of 1,30 (3/10)
- Free bet to the value of £10
- Bonus token must be used at odds of 4/5 (1.8) or bigger.
- Any bonus winnings do not include the free bet stake.
- Free bet expires after 14 days.
- General Karamba Terms & Conditions apply.
The Karamba sports review takes a closer look at the bonus. The value of the bonus is equal to the value of the free bet. However, the value is minimal compared to similar offers with other operators.
It may not provide an incentive to register with the Karamba sports betting service. However, the Karamba sports review shows that the Karamba bonus code offer is transparent and achievable.
Other Karamba Bonuses
As part of the Karamba review, we now examine ongoing promotions and bonuses for existing customers. There is a casino welcome offer which is in the form of a 100% matched bonus up to £100 and 10 free spins. Also a bonus lounge which rewards loyalty with extra bonuses and promotions.
There are seven levels based on stakes and the rewards increase as customer graduates through the programme. The only other Karamba sports betting promotion is enhanced returns for winning accumulators.
This promotion increases the value of Karamba’s odds as described in the odds section below.
Betting Markets and Available Sports – 4
The Karamba review shows that the operator offers betting markets for about 30 sports. These categories appear under Featured Links and a full list of sports. Major football competitions dominate Featured Links and football contributes to most markets. The Karamba sports review reveals these options are listed in order of the number of current markets.
The most popular betting sports after football are horse racing, tennis and basketball. On top of that, customers with Karamba can also place wagers on Esports, chess, politics and TV novelty markets.
The most popular competition for betting is the Premier League in England. Karamba displays the three-way result after 90 minutes market with a link to over 200 additional markets. These markets appear in the categories of match, handicaps, totals and special markets.
Tennis is a very popular betting sport and the most vet on markets are the match. results, handicaps and total. Karamba is a UK-facing operator so offers a decent horse racing service. The range of sports is targeted at markets in the UK and the rest of Europe.
Karamba Odds – 3
Karamba sports betting odds are displayed in fractional format by default but this can be changed to decimal and American odds. Here is a sample of the odds profit margin for the most popular market for the three most bet on sports.
|Football||3 way 90 minutes result||104.96%|
|Tennis||2-way match result||112.88%|
|Basketball||2-way result including overtime||108.96%|
The football margin is average for the UK industry but the tennis and basketball margins offer poor value compared to similar odds with other UK-facing sportsbooks. The overall payout of 92% is also below average which means Karamba does not rate well for odds.
At the time of the Karamba sports review, the operator did offer an odds boost up to 77% on winning accumulators. The minimum number of selections is four and the maximum is 15. The most that can be won from enhanced multiples odds is £11,000. However, the standard odds earn a modest rating.
Here are typical odds for the match result after 90 minutes market for a football match in one of the main European leagues:
Home Win – 4/5 – 1.80 – £10 win returns £18.00
Draw – 7/2 – 4.50 – £10 win returns £45.00
Away Win – 5/2 – 3.50 – £10 win returns £35.00
Karamba sports betting odds for football are in line with the other main UK-facing online bookmakers. However, the Karamba review shows that odds for other sports offer less value than the same odds with competitors.
The minimum bet is £0.05 and the maximum win from one bet is £20,000. However, Karamba traders have the discretion to accept bigger bets, depending on the event and sport.
Streaming and Live Betting on Karamba – 3.5
The Karamba sports betting service does not feature live streaming of sports events. Other operators that service the UK market do provide live coverage of football and tennis matches and horse racing. Customers need to fund an active account or place a qualifying bet to receive the coverage.
However, the Karamba sports review revealed that customers with this operator did not have the same service. However, the Karamba sports service does offer in-play betting across several sports and many leagues and competitions.
In-Play Betting is the first option on the sports menu. At the time of writing, there were active live events for football, tennis, basketball and several less popular sports. To compensate for the lack of live streaming, customers have access to plenty of other features in the live betting section.
There is a match tracker and scoreboard which provides the most important information. The Karamba sports review shows an efficient live-betting interface. Odds are suspended after a key event in a particular sport.
Cash out Betting with Karamba
The Karamba review also reveals that customers have the option to cash out bets. Karamba sports betting allows bettors to close outstanding bets before expiry to guarantee a profit or limit the loss. The cash out value depends on the odds and stake for the original bet and the odds at the time of the cash out request.
Cash out betting allows customers to make a profit when the odds move in favour of the original bet. Conversely, customers can limit liability when the odds move against the original bet. Bettors with Karamba take control of existing bets when cashing out.
Karamba Mobile App – 4
This Karamba sports review now includes information about the operator’s mobile app. The app can be downloaded to Android and iOS devices. The website can also be installed on the same platforms as long as the browser is mobile optimised.
The download and installation procedures are quick and simple. That means there is only a short delay from selecting the mobile option and placing bets with Karamba. The Karamba review reveals an intuitive and easy to navigate the app.
Karamba does not offer any mobile-specific bonuses but the app is fully functional. Mobile customers can claim the standard 100% matched bet bonus in the form of a £10 free bet.
This bonus is activated once new customers have registered, made the first deposit and placed a qualifying bet for £10. Mobile customers with Karamba can also benefit from ongoing promotions for existing customers that are usually sport and event-specific.
Karamba has also launched a fully functional casino app. Mobile customers can claim the standard welcome bonus and take advantage of a range of ongoing casino bonuses. Desktop and mobile customers require one account for both platforms and each product.
Funds are transferable seamlessly which means customers can quickly move across platforms and products to bet. Casino betting was originally Karamba’s core product and the mobile app offers the full range of slots and table games that PC customers can play. The app features a casino and a live casino.
Karamba Payment Options – 4
Customers with Karamba can deposit funds using debit and credit cards. The operator is licensed and regulated by the UK Gambling Commission which has banned credit card deposits from April 2020. Karamba will still accept payments using Bank Transfer, e-wallets and prepaid cards.
Deposits are immediate and free of charge. Funds can be taken out of an account using the same methods. Withdrawals are subject to delays depending on the provider and there could be nominal charges for carrying out transactions.
Minimum transfers are £10 and maximum transfers are not fixed, though the most that can be deposited in one transaction is generally £1000.
Karamba Customer Care – 4
Karamba is a UK-facing bookmaker with customers in other parts of Europe. The site can be read in several European languages, including Finnish, Swedish and Norwegian. Initially, the operator focused on the Scandinavian market and has only entered the UK market in recent years.
Customers can contact Karamba by email. Telephone and Live Chat. The customer services department is open from 06:00 to 23:00 GMT from Monday to Sunday. Response times are not clear but there is no evidence of complaints which suggest issues are dealt with in an adequate amount of time.
The Karamba review now examines the operator’s commitment to responsible gambling. Customers enjoy the security of detailed responsible gaming policy. There are guidelines for restricting problem gambling and account control measures. The Karamba site also features banner links to support bodies in the UK that help problem gamblers.
Karamba has also registered with GameStop, an organisation that provides support for problem gamblers. Operators with a UK gambling licence now must join this body as part of a Gambling Commission initiative.
Our Verdict -3.75
The Karamba review looks at the features of an operator that is relatively new to the UK sports betting market. This online bookmaker is competing with trusted and established UK betting brands.
Karamba offers a modest welcome bonus and a limited range of ongoing promotions for existing customers. The odds margins do not offer the best value in the industry and for some sports they are higher than average. Karamba may improve in these areas in the fullness of time.
However, this Karamba review has identified a good range of sports and betting markets. There is no live streaming but detailed live statistics and data enhance the live betting experience. The live schedule provides a detailed diary of live betting events over the next seven days.
The site focuses on the live betting platform but customers still have access to many pre-game and futures markets. There is room for improvement but the Karamba review found a positive betting experience.
|What we like||What we don’t like|
|Live betting interface||No live streaming|
|Match data and statistics||Low-value welcome offer|
|Betting markets for about 30 sports||Limited ongoing bonuses|